Period
to 20 November 2017

The median contractor rate for a Risk Consultant was £505 per day in advertised job vacancies during the 6 months to 20 November 2017.

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 Consultant
UK
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 811 793 790
Rank change year-on-year -18 -3 +28
Contract jobs requiring a Risk Consultant 68 95 96
As % of all contract IT jobs advertised in the UK 0.066% 0.091% 0.084%
As % of the Job Titles category 0.070% 0.096% 0.088%
Number of daily rates quoted 40 56 45
UK median daily rate £505 £535 £475
Median daily rate % change year-on-year -5.61% +12.63% -4.04%
10th Percentile £350 £425 £346
90th Percentile £678 £675 £655
UK excluding London median daily rate £505 £450 £475
% change year-on-year +12.22% -5.26% +18.75%
Number of hourly rates quoted 0 1 0
UK median hourly rate - £65.00 -
UK excluding London median hourly rate - £65.00 -

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 96939 98568 108531
% of contract IT jobs with a recognized job title 94.79% 94.76% 94.90%
Number of daily rates quoted 63924 64295 69051
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.67% +3.45%
Number of hourly rates quoted 2896 3271 4142
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.89% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.50 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Risk Consultant
Job Vacancy Trend

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

Job vacancy trend for Risk Consultant in the UK

Risk Consultant
Contractor Daily Rate Trend

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

Contractor daily rate trend for Risk Consultant in the UK

Risk Consultant
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Risk Consultant over the 6 months to 20 November 2017.

Contractor daily rate histogram for Risk Consultant in the UK

Risk Consultant
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Risk Consultant in the UK

Risk Consultant
Top 13 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Consultant within the UK over the 6 months to 20 November 2017. 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 -10 56 £503 -6.07% 8
UK excluding London +20 33 £505 +12.22% 1
London -22 32 £500 -9.09% 7
North of England +51 10 £505 -8.18% 1
Scotland -7 8 £505 -
Yorkshire +7 6 £550 -8.33%
South East -2 6 £500 +11.11%
Midlands +18 5 £450 -
West Midlands +24 4 £450 +16.13%
North West +21 4 £505 -3.81%
South West +10 3 - -
East Midlands 0 1 - -
Wales - 1 - -

Risk Consultant Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 20 November 2017, Risk Consultant 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 Consultant in the job title.

1 37 (54.41%) Finance
2 30 (44.12%) Risk Management
3 26 (38.24%) Information Security
4 22 (32.35%) CISSP
5 20 (29.41%) Stakeholder Management
6 18 (26.47%) Risk Assessment
6 18 (26.47%) Banking
6 18 (26.47%) Analytical Skills
7 13 (19.12%) CISM
8 12 (17.65%) Risk Analysis
9 10 (14.71%) CISA
10 8 (11.76%) ISO/IEC 27001
10 8 (11.76%) Management Information System
10 8 (11.76%) Microsoft Excel
11 7 (10.29%) Migration
12 6 (8.82%) Retail Banking
12 6 (8.82%) Credit Risk
12 6 (8.82%) Analytics
12 6 (8.82%) CRISC
13 5 (7.35%) Threat Modelling
13 5 (7.35%) IT Governance
13 5 (7.35%) Security Management
13 5 (7.35%) SAS
13 5 (7.35%) Project Management
13 5 (7.35%) SQL
14 4 (5.88%) C++
14 4 (5.88%) Java
14 4 (5.88%) Unix
14 4 (5.88%) Law
14 4 (5.88%) Validation

Risk Consultant 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 5 (7.35%) SAS
2 1 (1.47%) Apache Qpid
2 1 (1.47%) IIS
Applications
1 8 (11.76%) Microsoft Excel
2 2 (2.94%) Microsoft Office
2 2 (2.94%) MS Visio
Business Applications
1 1 (1.47%) ION MarketView
1 1 (1.47%) Primavera
1 1 (1.47%) SAP S/4HANA
Cloud Services
1 2 (2.94%) Amazon AWS
2 1 (1.47%) Microsoft Azure
2 1 (1.47%) Office 365
Communications & Networking
1 3 (4.41%) Firewall
2 2 (2.94%) Network Security
2 2 (2.94%) TCP/IP
Database & Business Intelligence
1 1 (1.47%) Blockchain
1 1 (1.47%) Oracle Reports
1 1 (1.47%) Relational Database
General
1 37 (54.41%) Finance
2 18 (26.47%) Banking
3 6 (8.82%) Retail Banking
4 4 (5.88%) Law
5 2 (2.94%) Billing
5 2 (2.94%) Financial Institution
5 2 (2.94%) Investment Banking
5 2 (2.94%) Legal
5 2 (2.94%) Telecoms
6 1 (1.47%) Military
6 1 (1.47%) Pharmaceutical
6 1 (1.47%) Retail
Libraries, Frameworks & Software Standards
1 3 (4.41%) Middleware
2 1 (1.47%) JMS
Miscellaneous
1 18 (26.47%) Analytical Skills
2 8 (11.76%) Management Information System
3 6 (8.82%) Credit Risk
4 4 (5.88%) Mainframe
5 2 (2.94%) CESG
5 2 (2.94%) Fixed Income
5 2 (2.94%) Smart Energy
6 1 (1.47%) Data Centre
6 1 (1.47%) Data Protection Act
6 1 (1.47%) Foreign Exchange (FX)
6 1 (1.47%) iPad
6 1 (1.47%) SCADA
Operating Systems
1 4 (5.88%) Unix
2 3 (4.41%) Windows
3 1 (1.47%) Linux
3 1 (1.47%) Windows 10
Processes & Methodologies
1 30 (44.12%) Risk Management
2 26 (38.24%) Information Security
3 20 (29.41%) Stakeholder Management
4 18 (26.47%) Risk Assessment
5 12 (17.65%) Risk Analysis
6 7 (10.29%) Migration
7 6 (8.82%) Analytics
8 5 (7.35%) IT Governance
8 5 (7.35%) Project Management
8 5 (7.35%) Security Management
8 5 (7.35%) Threat Modelling
9 4 (5.88%) Change Management
9 4 (5.88%) Data Privacy
9 4 (5.88%) Identity Access Management
9 4 (5.88%) Validation
10 3 (4.41%) Continuous Improvement
10 3 (4.41%) Cybersecurity
10 3 (4.41%) Line Management
10 3 (4.41%) Process Improvement
10 3 (4.41%) Risk Analytics
Programming Languages
1 5 (7.35%) SQL
2 4 (5.88%) C++
2 4 (5.88%) Java
3 2 (2.94%) VBA
4 1 (1.47%) C
4 1 (1.47%) VB
4 1 (1.47%) VB6
Qualifications
1 22 (32.35%) CISSP
2 13 (19.12%) CISM
3 10 (14.71%) CISA
4 6 (8.82%) CRISC
5 4 (5.88%) Security Cleared
6 3 (4.41%) Degree
6 3 (4.41%) SC Cleared
7 2 (2.94%) CESG Certified Professional
7 2 (2.94%) DV Cleared
8 1 (1.47%) HNC
8 1 (1.47%) IISP
8 1 (1.47%) Six Sigma Green Belt
Quality Assurance & Compliance
1 8 (11.76%) ISO/IEC 27001
2 4 (5.88%) COBIT
2 4 (5.88%) PCI DSS
3 3 (4.41%) Sarbanes-Oxley
3 3 (4.41%) Solvency II
4 2 (2.94%) GDPR
4 2 (2.94%) PMO
5 1 (1.47%) HMG Security Policy Framework
5 1 (1.47%) ISAE 3402
5 1 (1.47%) JSP 440
Vendors
1 2 (2.94%) Microsoft
1 2 (2.94%) SAP
2 1 (1.47%) IBM
2 1 (1.47%) ION Trading
2 1 (1.47%) Oracle
2 1 (1.47%) PeopleSoft
2 1 (1.47%) Sybase
2 1 (1.47%) Symantec