Period
to 1 April 2020

The following table provides summary statistics for contract job vacancies with a requirement for Risk Analytics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Risk Analytics over the 6 months to 1 April 2020 with a comparison to the 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 Analytics
UK
6 months to
1 Apr 2020
Same period 2019 Same period 2018
Rank 622 840 815
Rank change year-on-year +218 -25 -25
Contract jobs citing Risk Analytics 66 41 82
As % of all contract jobs advertised in the UK 0.11% 0.043% 0.081%
As % of the Processes & Methodologies category 0.13% 0.049% 0.093%
Number of daily rates quoted 31 29 63
Median daily rate £675 £650 £625
Median daily rate % change year-on-year +3.85% +4.00% +2.46%
10th Percentile £555 £475 £515
90th Percentile £750 £838 £750
UK excluding London median daily rate £475 £505 £288
% change year-on-year -5.94% +75.35% -30.18%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Risk Analytics is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Contract vacancies with a requirement for process or methodology skills 52,731 84,108 87,863
As % of all contract IT jobs advertised in the UK 84.89% 87.27% 86.57%
Number of daily rates quoted 33,577 55,687 58,124
Median daily rate £475 £475 £450
Median daily rate % change year-on-year - +5.56% +4.65%
10th Percentile £285 £300 £288
90th Percentile £650 £650 £638
UK excluding London median daily rate £438 £425 £415
% change year-on-year +2.94% +2.41% +3.75%
Number of hourly rates quoted 1,877 2,128 2,213
Median hourly rate £25.14 £24.50 £22.50
Median hourly rate % change year-on-year +2.61% +8.89% -10.00%
10th Percentile £12.50 £11.76 £11.25
90th Percentile £53.75 £50.50 £50.00
Median hourly rate £22.50 £23.00 £22.50
% change year-on-year -2.17% +2.22% -10.00%

Risk Analytics
Job Vacancy Trend

Job postings citing Risk Analytics as a proportion of all IT jobs advertised.

Job vacancy trend for Risk Analytics in the UK

Risk Analytics
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Risk Analytics.

Daily rate trend for Risk Analytics in the UK

Risk Analytics
Daily Rate Histogram

Daily rate distribution for jobs citing Risk Analytics over the 6 months to 1 April 2020.

Daily rate histogram for Risk Analytics in the UK

Risk Analytics
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Analytics within the UK over the 6 months to 1 April 2020. 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 +213 64 £675 +3.85% 10
London +173 64 £675 - 6
UK excluding London +123 2 £475 -5.94% 4
Scotland - 2 £475 -

For the 6 months to 1 April 2020, IT contractor jobs citing Risk Analytics also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads with a requirement for Risk Analytics.

1 66 (100.00%) Analytics
2 55 (83.33%) Finance
3 50 (75.76%) Banking
4 45 (68.18%) Front Office
5 44 (66.67%) Python
6 41 (62.12%) SQL
6 41 (62.12%) Java
7 40 (60.61%) AWS
8 39 (59.09%) Asset Management
8 39 (59.09%) Derivative
8 39 (59.09%) Foreign Exchange (FX)
8 39 (59.09%) Microservices
8 39 (59.09%) GCP
9 38 (57.58%) NoSQL
9 38 (57.58%) Azure
9 38 (57.58%) Web Services
9 38 (57.58%) Fixed Income
9 38 (57.58%) PostgreSQL
10 37 (56.06%) Amazon DynamoDB
10 37 (56.06%) Amazon Athena
11 36 (54.55%) AWS Step Functions
11 36 (54.55%) Equity Derivative
11 36 (54.55%) Software Engineering
11 36 (54.55%) Hedge funds
11 36 (54.55%) FINCAD Analytics
12 31 (46.97%) Market Risk
12 31 (46.97%) J2EE
12 31 (46.97%) Amazon Aurora
13 28 (42.42%) Migration
14 27 (40.91%) Oracle

Risk Analytics
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 2 (3.03%) SAS
2 1 (1.52%) Confluence
Applications
1 3 (4.55%) Microsoft Excel
2 1 (1.52%) Microsoft Office
2 1 (1.52%) Microsoft PowerPoint
2 1 (1.52%) MS Visio
Business Applications
1 36 (54.55%) FINCAD Analytics
2 1 (1.52%) Markit EDM
2 1 (1.52%) PolarLake
Cloud Services
1 40 (60.61%) AWS
2 39 (59.09%) GCP
3 38 (57.58%) Azure
4 36 (54.55%) AWS Step Functions
5 5 (7.58%) GitHub
6 1 (1.52%) Amazon EMR
6 1 (1.52%) Amazon S3
6 1 (1.52%) Office 365
Database & Business Intelligence
1 38 (57.58%) NoSQL
1 38 (57.58%) PostgreSQL
2 37 (56.06%) Amazon Athena
2 37 (56.06%) Amazon DynamoDB
3 31 (46.97%) Amazon Aurora
4 27 (40.91%) Apache Cassandra
4 27 (40.91%) Couchbase
4 27 (40.91%) DB2
4 27 (40.91%) HBase
4 27 (40.91%) MariaDB
4 27 (40.91%) MongoDB
4 27 (40.91%) Neo4j
4 27 (40.91%) RDBMS
4 27 (40.91%) Redis
4 27 (40.91%) Relational Database
5 4 (6.06%) Big Data
6 2 (3.03%) BigQuery
7 1 (1.52%) Amazon RDS
7 1 (1.52%) Amazon Redshift
7 1 (1.52%) Qlik Sense
Development Applications
1 10 (15.15%) JIRA
2 9 (13.64%) Git (software)
3 5 (7.58%) Subversion
4 2 (3.03%) TeamCity
5 1 (1.52%) Jenkins
5 1 (1.52%) Octopus Deploy
5 1 (1.52%) Visual Studio Team System
General
1 55 (83.33%) Finance
2 50 (75.76%) Banking
3 45 (68.18%) Front Office
4 6 (9.09%) Investment Banking
5 2 (3.03%) Back Office
6 1 (1.52%) Advertising
6 1 (1.52%) Legal
6 1 (1.52%) Public Sector
6 1 (1.52%) Retail Banking
Job Titles
1 40 (60.61%) Developer
2 24 (36.36%) AWS Developer
3 20 (30.30%) AWS Engineer
4 19 (28.79%) NoSQL Developer
5 17 (25.76%) NoSQL Engineer
6 15 (22.73%) Senior Developer
7 14 (21.21%) Python Developer
8 11 (16.67%) Cloud Developer
9 10 (15.15%) AWS Software Engineer
9 10 (15.15%) Java Engineer
9 10 (15.15%) Software Engineer
10 9 (13.64%) Java Developer
11 8 (12.12%) Quantitative Developer
12 7 (10.61%) Analyst
12 7 (10.61%) Senior Java Developer
12 7 (10.61%) Senior NoSQL Engineer
13 6 (9.09%) Analytics Developer
13 6 (9.09%) Data Engineer
14 5 (7.58%) Risk Analyst
14 5 (7.58%) Senior Python Developer
Libraries, Frameworks & Software Standards
1 38 (57.58%) Web Services
2 31 (46.97%) J2EE
3 8 (12.12%) Node.js
4 5 (7.58%) Anaconda
5 3 (4.55%) .NET
5 3 (4.55%) Natural Language Processing
6 1 (1.52%) NumPy
6 1 (1.52%) OLE
6 1 (1.52%) Pandas
6 1 (1.52%) SciPy
Miscellaneous
1 39 (59.09%) Derivative
1 39 (59.09%) Foreign Exchange (FX)
2 38 (57.58%) Fixed Income
3 36 (54.55%) Equity Derivative
3 36 (54.55%) Hedge funds
4 31 (46.97%) Market Risk
5 10 (15.15%) Equities
6 9 (13.64%) Public Cloud
7 6 (9.09%) Algorithms
8 5 (7.58%) Credit Risk
9 4 (6.06%) Data Structures
10 3 (4.55%) Analytical Skills
10 3 (4.55%) Cloud Native
10 3 (4.55%) User Experience
11 1 (1.52%) Management Information System
11 1 (1.52%) OTC Derivatives
Processes & Methodologies
1 66 (100.00%) Analytics
2 39 (59.09%) Asset Management
2 39 (59.09%) Microservices
3 36 (54.55%) Software Engineering
4 28 (42.42%) Migration
5 13 (19.70%) Investment Management
6 8 (12.12%) Agile Software Development
6 8 (12.12%) Mathematics
7 7 (10.61%) ETL
8 6 (9.09%) Problem-Solving
8 6 (9.09%) Risk Management
9 5 (7.58%) Computer Science
9 5 (7.58%) Electronic Trading
9 5 (7.58%) Project Management
9 5 (7.58%) Workflow
10 4 (6.06%) Fintech
10 4 (6.06%) Machine Learning
10 4 (6.06%) Physics
10 4 (6.06%) Quantitative Analysis
10 4 (6.06%) TDD
Programming Languages
1 44 (66.67%) Python
2 41 (62.12%) Java
2 41 (62.12%) SQL
3 27 (40.91%) Kotlin
4 21 (31.82%) C#
5 19 (28.79%) C++
6 13 (19.70%) Scala
7 8 (12.12%) R
8 5 (7.58%) MATLAB
9 3 (4.55%) Go
9 3 (4.55%) JavaScript
9 3 (4.55%) TypeScript
9 3 (4.55%) VBA
Qualifications
1 1 (1.52%) CISM
1 1 (1.52%) CISSP
1 1 (1.52%) Degree
Quality Assurance & Compliance
1 2 (3.03%) Basel II
1 2 (3.03%) Data Quality
1 2 (3.03%) IFRS
1 2 (3.03%) IFRS 9
2 1 (1.52%) ISO/IEC 27001
2 1 (1.52%) Sarbanes-Oxley
System Software
1 1 (1.52%) Docker
Systems Management
1 1 (1.52%) Kubernetes
1 1 (1.52%) Terraform
Vendors
1 27 (40.91%) Google
1 27 (40.91%) Oracle
1 27 (40.91%) Sybase
2 2 (3.03%) Bloomberg
3 1 (1.52%) CA Agile Central
3 1 (1.52%) FactSet
3 1 (1.52%) Microsoft