Risk Manager Contracts

Risk Manager
UK

The median Risk Manager daily rate in the UK is £588 according to job vacancies posted during the 6 months to 5 May 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
5 May 2024
Same period 2023 Same period 2022
Rank 550 550 730
Rank change year-on-year 0 +180 -107
Contract jobs requiring a Risk Manager 50 166 133
As % of all contract jobs advertised in the UK 0.12% 0.28% 0.15%
As % of the Job Titles category 0.12% 0.30% 0.16%
Number of daily rates quoted 32 122 89
10th Percentile £398 £468 £479
25th Percentile £488 £562 £525
Median daily rate (50th Percentile) £588 £700 £625
Median % change year-on-year -16.07% +12.00% +19.05%
75th Percentile £741 £950 £750
90th Percentile £879 £1,000 £804
UK excluding London median daily rate £600 £600 £550
% change year-on-year - +9.09% +25.17%
Number of hourly rates quoted 3 1 0
10th Percentile £46.37 - -
25th Percentile £46.56 - -
Median hourly rate £47.50 £70.00 -
Median % change year-on-year -32.14% - -
75th Percentile £59.38 - -
90th Percentile £65.75 - -
UK excluding London median hourly rate £58.44 - -

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 40,029 55,895 84,701
% of contract IT jobs with a recognized job title 92.75% 94.62% 95.46%
Number of daily rates quoted 26,060 39,048 59,505
10th Percentile £280 £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 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,665 1,566 2,078
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.11 £15.72
Median hourly rate £36.50 £45.00 £23.60
Median % change year-on-year -18.89% +90.68% +4.89%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.50 £76.00 £63.75
UK excluding London median hourly rate £40.00 £42.00 £19.52
% change year-on-year -4.76% +115.16% +2.74%

Risk Manager
Job Vacancy Trend

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

Job vacancy trend for Risk Manager in the UK

Risk Manager
Contractor Daily Rate Trend

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

Daily rate trend for Risk Manager in the UK

Risk Manager
Daily Rate Histogram

Daily rate distribution for jobs citing Risk Manager over the 6 months to 5 May 2024.

Daily rate histogram for Risk Manager in the UK

Risk Manager
Contractor Hourly Rate Trend

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

Hourly rate trend for Risk Manager in the UK

Risk Manager
Hourly Rate Histogram

Hourly rate distribution of jobs citing Risk Manager over the 6 months to 5 May 2024.

Hourly rate histogram for Risk Manager in the UK

Risk Manager
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Manager within the UK over the 6 months to 5 May 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 +14 44 £600 -16.46% 93
London +30 25 £588 -25.40% 55
UK excluding London +33 20 £600 - 37
Work from Home +98 18 £575 -4.17% 51
South East +26 8 £638 -20.31% 7
South West +7 5 £450 -35.71% 4
Midlands +31 3 £900 +63.64% 11
West Midlands +25 3 £900 +63.64% 7
Scotland +31 2 - - 3
North West +28 2 £550 +17.65% 1
North of England +28 2 £550 - 7

Risk Manager Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 5 May 2024, Risk Manager 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 Manager in the job title.

1 29 (58.00%) Risk Management
2 20 (40.00%) Finance
3 14 (28.00%) Social Skills
4 13 (26.00%) Stakeholder Management
5 12 (24.00%) Project Management
6 9 (18.00%) Risk Assessment
7 8 (16.00%) Banking
7 8 (16.00%) Credit Risk
7 8 (16.00%) GRC
8 7 (14.00%) Asset Management
9 6 (12.00%) Agile
9 6 (12.00%) Analytics
10 5 (10.00%) Cybersecurity
10 5 (10.00%) Security Cleared
10 5 (10.00%) Project Delivery
10 5 (10.00%) NIST
10 5 (10.00%) Problem-Solving
11 4 (8.00%) Business Strategy
11 4 (8.00%) Management Information System
11 4 (8.00%) Sarbanes-Oxley
11 4 (8.00%) Information Security
11 4 (8.00%) Market Risk
11 4 (8.00%) Waterfall
12 3 (6.00%) Stakeholder Engagement
12 3 (6.00%) SC Cleared
12 3 (6.00%) Resource Management
12 3 (6.00%) COBIT
12 3 (6.00%) Risk Analysis
12 3 (6.00%) Line Management
12 3 (6.00%) Data Quality

Risk Manager 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 2 (4.00%) SharePoint
2 1 (2.00%) SAS
Applications
1 3 (6.00%) Microsoft Excel
2 2 (4.00%) Microsoft PowerPoint
3 1 (2.00%) Microsoft Project
Business Applications
1 2 (4.00%) Primavera
1 2 (4.00%) SAP GRC
2 1 (2.00%) Oracle ERP
Cloud Services
1 1 (2.00%) Asana
1 1 (2.00%) Cloud Computing
1 1 (2.00%) SaaS
1 1 (2.00%) Smartsheet
Development Applications
1 2 (4.00%) JIRA
General
1 20 (40.00%) Finance
2 14 (28.00%) Social Skills
3 8 (16.00%) Banking
4 3 (6.00%) Documentation Skills
5 2 (4.00%) Analytical Skills
5 2 (4.00%) Front Office
5 2 (4.00%) Investment Banking
5 2 (4.00%) Organisational Skills
5 2 (4.00%) Pharmaceutical
5 2 (4.00%) Public Sector
5 2 (4.00%) Retail
5 2 (4.00%) Telecoms
6 1 (2.00%) Financial Institution
6 1 (2.00%) Inclusion and Diversity
6 1 (2.00%) Influencing Skills
6 1 (2.00%) Manufacturing
6 1 (2.00%) Presentation Skills
Libraries, Frameworks & Software Standards
1 1 (2.00%) EDI
1 1 (2.00%) Oracle Fusion
1 1 (2.00%) SailPoint
Miscellaneous
1 8 (16.00%) Credit Risk
2 4 (8.00%) Management Information System
2 4 (8.00%) Market Risk
3 2 (4.00%) Self-Motivation
4 1 (2.00%) NHS
4 1 (2.00%) Onboarding
4 1 (2.00%) Product Ownership
Processes & Methodologies
1 29 (58.00%) Risk Management
2 13 (26.00%) Stakeholder Management
3 12 (24.00%) Project Management
4 9 (18.00%) Risk Assessment
5 7 (14.00%) Asset Management
6 6 (12.00%) Agile
6 6 (12.00%) Analytics
7 5 (10.00%) Cybersecurity
7 5 (10.00%) Problem-Solving
7 5 (10.00%) Project Delivery
8 4 (8.00%) Business Strategy
8 4 (8.00%) Information Security
8 4 (8.00%) Waterfall
9 3 (6.00%) Change Management
9 3 (6.00%) Data Analysis
9 3 (6.00%) Data Security
9 3 (6.00%) PRINCE2
9 3 (6.00%) Resource Management
9 3 (6.00%) Risk Analysis
9 3 (6.00%) Stakeholder Engagement
Qualifications
1 5 (10.00%) Security Cleared
2 3 (6.00%) SC Cleared
3 2 (4.00%) CISSP
3 2 (4.00%) CRISC
4 1 (2.00%) CISA
4 1 (2.00%) CISM
4 1 (2.00%) DV Cleared
4 1 (2.00%) FFIEC
Quality Assurance & Compliance
1 8 (16.00%) GRC
2 5 (10.00%) NIST
3 4 (8.00%) Sarbanes-Oxley
4 3 (6.00%) COBIT
4 3 (6.00%) Data Quality
4 3 (6.00%) ISO/IEC 27001
4 3 (6.00%) PMO
5 1 (2.00%) COSO
5 1 (2.00%) IFRS
5 1 (2.00%) IFRS 9
5 1 (2.00%) ISO 31000
5 1 (2.00%) ISO/IEC 27005
5 1 (2.00%) NCSC
Vendors
1 2 (4.00%) SAP
2 1 (2.00%) Atlassian
2 1 (2.00%) Cadence
2 1 (2.00%) Microsoft
2 1 (2.00%) Oracle
2 1 (2.00%) Planview