Period
to 19 January 2018

The median contractor rate for a Risk Analyst was £560 per day in advertised job vacancies during the 6 months to 19 January 2018.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Risk Analyst
UK
6 months to
19 Jan 2018
Same period 2017 Same period 2016
Rank 579 596 497
Rank change year-on-year +17 -99 -6
Contract jobs requiring a Risk Analyst 287 258 409
As % of all contract IT jobs advertised in the UK 0.29% 0.27% 0.38%
As % of the Job Titles category 0.30% 0.28% 0.40%
Number of daily rates quoted 196 192 274
UK median daily rate £560 £525 £500
Median daily rate % change year-on-year +6.67% +5.00% -
10th Percentile £325 £363 £321
90th Percentile £938 £743 £650
UK excluding London median daily rate £401 £450 £400
% change year-on-year -10.83% +12.50% -5.88%
Number of hourly rates quoted 0 0 2
UK median hourly rate - - £42.50
UK excluding London median hourly rate - - £60.00

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 95,011 91,868 102,819
% of contract IT jobs with a recognized job title 94.81% 94.80% 94.96%
Number of daily rates quoted 63,133 59,980 65,551
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £260 £253 £250
90th Percentile £625 £600 £599
UK excluding London median daily rate £400 £400 £380
% change year-on-year - +5.26% +2.70%
Number of hourly rates quoted 2,784 3,231 3,883
UK median hourly rate £18.36 £18.00 £18.68
Median hourly rate % change year-on-year +2.01% -3.64% +13.21%
10th Percentile £10.75 £10.50 £10.50
90th Percentile £47.83 £47.00 £47.28
UK excluding London median hourly rate £17.50 £17.50 £18.00
% change year-on-year - -2.78% +9.09%

Risk Analyst
Job Vacancy Trend

Job postings that featured Risk Analyst in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Risk Analyst in the UK

Risk Analyst
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Risk Analyst.

Contractor daily rate trend for Risk Analyst in the UK

Risk Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Risk Analyst over the 6 months to 19 January 2018.

Contractor daily rate histogram for Risk Analyst in the UK

Risk Analyst
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Risk Analyst.

Contractor hourly rate trend for Risk Analyst in the UK

Risk Analyst
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Analyst within the UK over the 6 months to 19 January 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +28 275 £575 +4.55% 25
London +16 228 £588 +6.82% 20
UK excluding London -18 59 £401 -10.83% 10
North of England +27 15 £455 +1.11% 2
South East -21 13 £400 -21.95%
Scotland -14 11 £425 -0.58% 5
North West 0 10 £400 -8.57%
East of England -3 7 £400 -8.57% 1
South West +7 6 £363 -6.45% 2
Midlands -4 6 £138 -67.65%
Yorkshire +9 5 £462 -11.58% 1
West Midlands -1 5 £125 -70.59%
East Midlands -1 1 £500 +25.00%
Northern Ireland -27 1 - -

Risk Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 19 January 2018, Risk Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Risk Analyst in the job title.

1 122 (42.51%) Banking
2 120 (41.81%) Finance
3 87 (30.31%) Credit Risk
4 86 (29.97%) Market Risk
5 74 (25.78%) Risk Management
6 73 (25.44%) Investment Banking
7 65 (22.65%) Front Office
8 55 (19.16%) SQL
9 51 (17.77%) Stakeholder Management
10 50 (17.42%) C#
10 50 (17.42%) Derivative
11 47 (16.38%) Business Analysis
11 47 (16.38%) C++
11 47 (16.38%) Microsoft Excel
12 44 (15.33%) Agile Software Development
13 41 (14.29%) Data Analysis
13 41 (14.29%) Internal Audit
14 35 (12.20%) VBA
15 34 (11.85%) Validation
15 34 (11.85%) Mathematics
16 33 (11.50%) QA
17 30 (10.45%) Analytical Skills
18 29 (10.10%) Stochastic Modelling
18 29 (10.10%) Physics
19 28 (9.76%) Quantitative Finance
20 27 (9.41%) Degree
20 27 (9.41%) Benchmarking
21 26 (9.06%) Microsoft
22 25 (8.71%) Data Modelling
22 25 (8.71%) Credit Risk Modelling

Risk Analyst Skill Set
Co-occurring IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 13 (4.53%) SAS
2 3 (1.05%) Apache Spark
2 3 (1.05%) SharePoint
3 2 (0.70%) Confluence
Applications
1 47 (16.38%) Microsoft Excel
2 16 (5.57%) Microsoft PowerPoint
3 13 (4.53%) MS Visio
4 5 (1.74%) Microsoft Office
5 3 (1.05%) Spreadsheet
Business Applications
1 2 (0.70%) SAP GRC
1 2 (0.70%) SAP S/4HANA
1 2 (0.70%) SunGard APT
2 1 (0.35%) Actimize
2 1 (0.35%) Oracle General Ledger
2 1 (0.35%) thinkFolio
Cloud Services
1 3 (1.05%) SaaS
2 2 (0.70%) OpenShift
Communications & Networking
1 13 (4.53%) SMS
2 2 (0.70%) Firewall
2 2 (0.70%) LAN
2 2 (0.70%) Network Security
2 2 (0.70%) TCP/IP
2 2 (0.70%) WAN
2 2 (0.70%) Wireless
3 1 (0.35%) Internet
Database & Business Intelligence
1 13 (4.53%) MS Access
2 7 (2.44%) Oracle Database
3 6 (2.09%) Data Warehouse
3 6 (2.09%) SQL Server
4 5 (1.74%) Big Data
4 5 (1.74%) Hadoop
5 3 (1.05%) BusinessObjects
5 3 (1.05%) OLAP
5 3 (1.05%) Oracle Database 11g
5 3 (1.05%) Oracle OLAP
5 3 (1.05%) PowerPivot
5 3 (1.05%) Star Schema
6 2 (0.70%) Blockchain
6 2 (0.70%) DB2
6 2 (0.70%) OLAP Cube
6 2 (0.70%) SAP HANA
7 1 (0.35%) Data Lake
7 1 (0.35%) Presto
7 1 (0.35%) Relational Database
7 1 (0.35%) SAS EBI
Development Applications
1 6 (2.09%) JIRA
2 4 (1.39%) Atlassian Bamboo
3 3 (1.05%) Cucumber
4 2 (0.70%) Balsamiq Mockups
5 1 (0.35%) FitNesse
5 1 (0.35%) SpecFlow
5 1 (0.35%) Team Foundation Server
5 1 (0.35%) Visual Studio
General
1 122 (42.51%) Banking
2 120 (41.81%) Finance
3 73 (25.44%) Investment Banking
4 65 (22.65%) Front Office
5 13 (4.53%) Legal
5 13 (4.53%) Retail Banking
6 12 (4.18%) Retail
7 4 (1.39%) Financial Institution
7 4 (1.39%) Law
7 4 (1.39%) Private Banking
8 3 (1.05%) Back Office
8 3 (1.05%) Electronics
9 2 (0.70%) Manufacturing
9 2 (0.70%) Marketing
9 2 (0.70%) Retail Finance
9 2 (0.70%) Telecoms
10 1 (0.35%) Advertising
10 1 (0.35%) General Ledger
10 1 (0.35%) Japanese Language
10 1 (0.35%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 17 (5.92%) XML
2 14 (4.88%) HTML
3 13 (4.53%) CSS
4 3 (1.05%) Gherkin
4 3 (1.05%) MDX
4 3 (1.05%) Middleware
4 3 (1.05%) Spring
5 2 (0.70%) .NET
6 1 (0.35%) HTML5
6 1 (0.35%) JSON
6 1 (0.35%) Rendezvous
6 1 (0.35%) REST
Miscellaneous
1 87 (30.31%) Credit Risk
2 86 (29.97%) Market Risk
3 50 (17.42%) Derivative
4 30 (10.45%) Analytical Skills
5 20 (6.97%) Management Information System
6 18 (6.27%) Computer Science
7 14 (4.88%) Fixed Income
7 14 (4.88%) Foreign Exchange (FX)
8 5 (1.74%) Equities
9 3 (1.05%) OTC Derivatives
9 3 (1.05%) Virtual Team
10 2 (0.70%) Analytical Mindset
10 2 (0.70%) CESG
10 2 (0.70%) Fintech
10 2 (0.70%) Greenfield Project
10 2 (0.70%) iSeries
10 2 (0.70%) Mainframe
10 2 (0.70%) Reference Data
11 1 (0.35%) FMCG
11 1 (0.35%) Smart Meter
Operating Systems
1 7 (2.44%) Windows
2 3 (1.05%) Linux
Processes & Methodologies
1 74 (25.78%) Risk Management
2 51 (17.77%) Stakeholder Management
3 47 (16.38%) Business Analysis
4 44 (15.33%) Agile Software Development
5 41 (14.29%) Data Analysis
5 41 (14.29%) Internal Audit
6 34 (11.85%) Mathematics
6 34 (11.85%) Validation
7 29 (10.10%) Physics
7 29 (10.10%) Stochastic Modelling
8 28 (9.76%) Quantitative Finance
9 27 (9.41%) Benchmarking
10 25 (8.71%) Credit Risk Modelling
10 25 (8.71%) Data Modelling
11 24 (8.36%) SDLC
12 23 (8.01%) Information Security
13 20 (6.97%) Stress Testing
14 19 (6.62%) Data Management
15 18 (6.27%) Project Management
16 16 (5.57%) Business Intelligence
Programming Languages
1 55 (19.16%) SQL
2 50 (17.42%) C#
3 47 (16.38%) C++
4 35 (12.20%) VBA
5 13 (4.53%) PHP
6 12 (4.18%) Python
7 9 (3.14%) Java
8 6 (2.09%) MATLAB
9 4 (1.39%) Perl
9 4 (1.39%) R
10 3 (1.05%) PL/SQL
10 3 (1.05%) PowerShell
11 2 (0.70%) C
11 2 (0.70%) RPG
11 2 (0.70%) XMLA
12 1 (0.35%) Delphi
12 1 (0.35%) Shell Script
Qualifications
1 27 (9.41%) Degree
2 10 (3.48%) CRISC
3 9 (3.14%) Computer Science Degree
4 7 (2.44%) CISA
4 7 (2.44%) CISM
4 7 (2.44%) CISSP
5 5 (1.74%) ISEB
6 4 (1.39%) ISACA
7 3 (1.05%) Master's Degree
8 2 (0.70%) CBAP
8 2 (0.70%) IIBA
8 2 (0.70%) ITIL Certification
8 2 (0.70%) Numerate Degree
8 2 (0.70%) SAS Certification
8 2 (0.70%) Security Cleared
9 1 (0.35%) CFA
9 1 (0.35%) CGEIT
9 1 (0.35%) ISO 27001 Lead Auditor
9 1 (0.35%) ISTQB
9 1 (0.35%) PMP
Quality Assurance & Compliance
1 33 (11.50%) QA
2 14 (4.88%) Basel II
2 14 (4.88%) Data Quality
3 11 (3.83%) ISO/IEC 27001
4 10 (3.48%) ISAE 3402
5 7 (2.44%) GDPR
6 5 (1.74%) PCI DSS
7 4 (1.39%) Basel III
7 4 (1.39%) IFRS
7 4 (1.39%) IFRS 9
7 4 (1.39%) PMO
8 3 (1.05%) COBIT
8 3 (1.05%) MiFID
8 3 (1.05%) Sarbanes-Oxley
9 2 (0.70%) COSO
9 2 (0.70%) Dodd-Frank
9 2 (0.70%) FINRA
9 2 (0.70%) ISO 9001
10 1 (0.35%) ISO/IEC 27005
10 1 (0.35%) SSAE 16
Systems Management
1 2 (0.70%) RSA Archer
1 2 (0.70%) SCCM
1 2 (0.70%) WSUS
2 1 (0.35%) HP Quality Center
2 1 (0.35%) TIBCO Hawk
Vendors
1 26 (9.06%) Microsoft
2 14 (4.88%) Cognos
3 12 (4.18%) Oracle
4 5 (1.74%) FactSet
5 3 (1.05%) IBM
5 3 (1.05%) SAP
5 3 (1.05%) Wallstreet Suite
6 2 (0.70%) Cisco
6 2 (0.70%) JD Edwards
6 2 (0.70%) Murex
6 2 (0.70%) SolarWinds
6 2 (0.70%) SunGard
6 2 (0.70%) Tableau
7 1 (0.35%) Atlassian
7 1 (0.35%) Bloomberg
7 1 (0.35%) Teradata
7 1 (0.35%) TIBCO