Risk Business Analyst Contracts

Risk Business Analyst (Risk BA)
UK

The median Risk Business Analyst (Risk BA) daily rate in the UK is £650 according to job vacancies posted during the 6 months to 24 April 2024.

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

6 months to
24 Apr 2024
Same period 2023 Same period 2022
Rank 559 661 792
Rank change year-on-year +102 +131 -161
Contract jobs requiring a Risk Business Analyst 23 51 63
As % of all contract jobs advertised in the UK 0.053% 0.085% 0.071%
As % of the Job Titles category 0.057% 0.090% 0.074%
Number of daily rates quoted 18 48 50
10th Percentile £506 £482 £424
25th Percentile £575 £565 £503
Median daily rate (50th Percentile) £650 £711 £663
Median % change year-on-year -8.61% +7.36% +3.92%
75th Percentile £784 £775 £713
90th Percentile £804 £819 £751
UK excluding London median daily rate £650 £650 £448
% change year-on-year - +45.17% -31.90%

All Contract IT Job Vacancies
UK

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.

Contract vacancies in the UK with a recognized job title 40,476 56,906 85,219
% of contract IT jobs with a recognized job title 92.76% 94.58% 95.49%
Number of daily rates quoted 26,420 39,710 59,771
10th Percentile £275 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK excluding London median daily rate £493 £500 £475
% change year-on-year -1.40% +5.26% +11.76%
Number of hourly rates quoted 2,641 1,614 2,118
10th Percentile £12.86 £14.36 £12.50
25th Percentile £16.30 £19.50 £15.50
Median hourly rate £35.50 £45.00 £23.00
Median % change year-on-year -21.11% +95.65% +1.41%
75th Percentile £60.00 £65.75 £48.75
90th Percentile £72.50 £75.92 £63.00
UK excluding London median hourly rate £37.50 £42.50 £19.50
% change year-on-year -11.76% +117.95% +2.63%

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 24 April 2024.

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 8 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 24 April 2024. 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 +94 21 £650 -8.61% 1
London +73 18 £650 -11.86% 1
Work from Home +111 7 £575 +0.88% 2
UK excluding London +57 3 £650 -
North of England - 2 £650 -
North West - 2 £650 -
Midlands +37 1 - -
West Midlands +32 1 - -

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

For the 6 months to 24 April 2024, 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 12 (52.17%) Finance
2 11 (47.83%) Banking
3 8 (34.78%) Agile
3 8 (34.78%) Market Risk
3 8 (34.78%) Social Skills
4 6 (26.09%) Requirements Gathering
4 6 (26.09%) Workshop Facilitation
4 6 (26.09%) Risk Management
5 5 (21.74%) Investment Management
5 5 (21.74%) JIRA
5 5 (21.74%) Asset Management
5 5 (21.74%) Data Analysis
5 5 (21.74%) Data Governance
5 5 (21.74%) Data Quality
6 4 (17.39%) Confluence
6 4 (17.39%) Risk Register
6 4 (17.39%) Investment Banking
6 4 (17.39%) Credit Risk
6 4 (17.39%) SQL
6 4 (17.39%) Stakeholder Management
6 4 (17.39%) Risk Assessment
7 3 (13.04%) Front Office
7 3 (13.04%) Wealth Management
7 3 (13.04%) Business Analysis
8 2 (8.70%) User Stories
8 2 (8.70%) Cybersecurity
8 2 (8.70%) Basel III
8 2 (8.70%) Greeks
8 2 (8.70%) Project Governance
8 2 (8.70%) Scaled Agile Framework

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 4 (17.39%) Confluence
Applications
1 1 (4.35%) Microsoft Excel
Database & Business Intelligence
1 1 (4.35%) Big Data
1 1 (4.35%) Data Mining
1 1 (4.35%) Relational Database
Development Applications
1 5 (21.74%) JIRA
General
1 12 (52.17%) Finance
2 11 (47.83%) Banking
3 8 (34.78%) Social Skills
4 4 (17.39%) Investment Banking
5 3 (13.04%) Front Office
6 1 (4.35%) Analytical Skills
6 1 (4.35%) Documentation Skills
6 1 (4.35%) General Ledger
Miscellaneous
1 8 (34.78%) Market Risk
2 4 (17.39%) Credit Risk
3 2 (8.70%) Derivative
3 2 (8.70%) Equities
3 2 (8.70%) Fixed Income
3 2 (8.70%) Foreign Exchange (FX)
3 2 (8.70%) Management Information System
4 1 (4.35%) Product Ownership
4 1 (4.35%) Self-Motivation
Operating Systems
1 1 (4.35%) Windows
1 1 (4.35%) Windows 7
1 1 (4.35%) Windows Server 2008
1 1 (4.35%) Windows Server 2012
Processes & Methodologies
1 8 (34.78%) Agile
2 6 (26.09%) Requirements Gathering
2 6 (26.09%) Risk Management
2 6 (26.09%) Workshop Facilitation
3 5 (21.74%) Asset Management
3 5 (21.74%) Data Analysis
3 5 (21.74%) Data Governance
3 5 (21.74%) Investment Management
4 4 (17.39%) Risk Assessment
4 4 (17.39%) Risk Register
4 4 (17.39%) Stakeholder Management
5 3 (13.04%) Business Analysis
5 3 (13.04%) Wealth Management
6 2 (8.70%) Cybersecurity
6 2 (8.70%) Data Management
6 2 (8.70%) Greeks
6 2 (8.70%) Scaled Agile Framework
6 2 (8.70%) Stress Testing
6 2 (8.70%) User Acceptance Testing
6 2 (8.70%) User Stories
Programming Languages
1 4 (17.39%) SQL
2 1 (4.35%) Python
2 1 (4.35%) R
2 1 (4.35%) VBA
Qualifications
1 1 (4.35%) Degree
1 1 (4.35%) Master's Degree
1 1 (4.35%) SC Cleared
1 1 (4.35%) Security Cleared
Quality Assurance & Compliance
1 5 (21.74%) Data Quality
2 2 (8.70%) Basel II
2 2 (8.70%) Basel III
3 1 (4.35%) Accessibility
3 1 (4.35%) ISO 31000
3 1 (4.35%) NCSC