Risk Business Analyst Contracts

Risk Business Analyst (Risk BA)
UK

The median Risk Business Analyst (Risk BA) daily rate in the UK is £700, according to job vacancies posted in the 6 months leading up to 1 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 505 560 669
Rank change year-on-year +55 +109 +120
Contract jobs requiring a Risk Business Analyst 15 22 49
As % of all contract jobs advertised in the UK 0.051% 0.051% 0.082%
As % of the Job Titles category 0.055% 0.054% 0.087%
Number of daily rates quoted 10 17 47
10th Percentile £402 £504 £474
25th Percentile £489 £575 £565
Median daily rate (50th Percentile) £700 £650 £738
Median % change year-on-year +7.69% -11.86% +9.26%
75th Percentile £755 £788 £775
90th Percentile £806 £834 £822
UK excluding London median daily rate £425 £650 £650
% change year-on-year -34.62% - +45.17%

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides 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.

Contract vacancies in the UK with a recognized job title 27,084 40,415 56,464
% of contract IT jobs with a recognized job title 92.52% 92.78% 94.61%
Number of daily rates quoted 17,692 26,309 39,470
10th Percentile £300 £275 £313
25th Percentile £406 £410 £425
Median daily rate (50th Percentile) £515 £525 £540
Median % change year-on-year -1.90% -2.78% +2.86%
75th Percentile £625 £638 £650
90th Percentile £738 £750 £750
UK excluding London median daily rate £475 £492 £500
% change year-on-year -3.46% -1.60% +5.26%
Number of hourly rates quoted 1,035 2,664 1,570
10th Percentile £14.07 £12.86 £14.29
25th Percentile £18.50 £16.30 £19.50
Median hourly rate £29.00 £36.42 £45.00
Median % change year-on-year -20.37% -19.07% +91.49%
75th Percentile £62.50 £60.75 £65.75
90th Percentile £75.00 £72.50 £75.75
UK excluding London median hourly rate £28.00 £39.55 £42.50
% change year-on-year -29.20% -6.94% +117.95%

Risk Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Risk Business Analyst in the UK

Risk Business Analyst
Contractor Daily Rate Trend

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

Daily rate trend for Risk Business Analyst in the UK

Risk Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Risk Business Analyst over the 6 months to 1 May 2025.

Daily rate histogram for Risk Business Analyst in the UK

Risk Business Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Risk Business Analyst.

Hourly rate trend for Risk Business Analyst in the UK

Risk Business Analyst
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Business Analyst within the UK over the 6 months to 1 May 2025. 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
Jobs
England +51 14 £725 +11.54% 12
London +35 14 £725 +13.73% 11
Work from Home +39 5 £750 +30.43% 2
UK excluding London +61 1 £425 -34.62% 3
Northern Ireland - 1 £425 -

Risk Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 1 May 2025, Risk Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Risk Business Analyst in the job title.

1 9 (60.00%) Risk Management
1 9 (60.00%) Social Skills
2 6 (40.00%) Market Risk
2 6 (40.00%) Finance
3 5 (33.33%) Banking
3 5 (33.33%) SQL
4 4 (26.67%) Project Management
4 4 (26.67%) Python
4 4 (26.67%) Agile
4 4 (26.67%) Front Office
4 4 (26.67%) Analytics
4 4 (26.67%) Analytical Skills
4 4 (26.67%) Problem-Solving
5 3 (20.00%) Regulatory Compliance
5 3 (20.00%) Credit Risk
5 3 (20.00%) Data Analysis
5 3 (20.00%) Investment Banking
5 3 (20.00%) Business Analysis
5 3 (20.00%) Stakeholder Management
6 2 (13.33%) Microsoft Excel
6 2 (13.33%) Legal
6 2 (13.33%) Equities
6 2 (13.33%) Risk Assessment
6 2 (13.33%) Microsoft PowerPoint
6 2 (13.33%) Stress Testing
6 2 (13.33%) Spend Analysis
6 2 (13.33%) Source to Pay
6 2 (13.33%) Contract Management
6 2 (13.33%) Requirements Gathering
6 2 (13.33%) Decision-Making

Risk Business Analyst Skill Set
Co-occurring Skills and Capabilities by Category

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

Application Platforms
1 1 (6.67%) Confluence
1 1 (6.67%) IBM HTTP Server
1 1 (6.67%) SAS
Applications
1 2 (13.33%) Microsoft Excel
1 2 (13.33%) Microsoft PowerPoint
2 1 (6.67%) MS Visio
Development Applications
1 1 (6.67%) JIRA
General
1 9 (60.00%) Social Skills
2 6 (40.00%) Finance
3 5 (33.33%) Banking
4 4 (26.67%) Analytical Skills
4 4 (26.67%) Front Office
5 3 (20.00%) Investment Banking
6 2 (13.33%) Legal
7 1 (6.67%) Retail Banking
Miscellaneous
1 6 (40.00%) Market Risk
2 3 (20.00%) Credit Risk
3 2 (13.33%) Equities
3 2 (13.33%) Product Ownership
4 1 (6.67%) Derivative
4 1 (6.67%) Interest Rate Derivative
4 1 (6.67%) Pricing Data
4 1 (6.67%) Reference Data
4 1 (6.67%) Taxonomies
Processes & Methodologies
1 9 (60.00%) Risk Management
2 4 (26.67%) Agile
2 4 (26.67%) Analytics
2 4 (26.67%) Problem-Solving
2 4 (26.67%) Project Management
3 3 (20.00%) Business Analysis
3 3 (20.00%) Data Analysis
3 3 (20.00%) Regulatory Compliance
3 3 (20.00%) Stakeholder Management
4 2 (13.33%) Contract Management
4 2 (13.33%) Decision-Making
4 2 (13.33%) Requirements Gathering
4 2 (13.33%) Risk Assessment
4 2 (13.33%) Source to Pay
4 2 (13.33%) Spend Analysis
4 2 (13.33%) Stress Testing
5 1 (6.67%) Credit Risk Management
5 1 (6.67%) Credit Risk Modelling
5 1 (6.67%) Data Lineage
5 1 (6.67%) Re-Platforming
Programming Languages
1 5 (33.33%) SQL
2 4 (26.67%) Python
3 1 (6.67%) MATLAB
3 1 (6.67%) VBA
Qualifications
1 1 (6.67%) CISM
1 1 (6.67%) CISSP
1 1 (6.67%) CRISC
1 1 (6.67%) Degree
Quality Assurance & Compliance
1 1 (6.67%) Basel III
1 1 (6.67%) GDPR
1 1 (6.67%) ISO/IEC 27001
1 1 (6.67%) NIST
1 1 (6.67%) QA
1 1 (6.67%) Sarbanes-Oxley
Vendors
1 1 (6.67%) Databricks
1 1 (6.67%) Microsoft
1 1 (6.67%) Murex