Period
to 21 November 2017

The median contractor rate for a Risk Manager was £550 per day in advertised job vacancies during the 6 months to 21 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 Manager
UK
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 686 705 600
Rank change year-on-year +19 -105 -12
Contract jobs requiring a Risk Manager 191 176 295
As % of all contract IT jobs advertised in the UK 0.19% 0.17% 0.26%
As % of the Job Titles category 0.20% 0.18% 0.27%
Number of daily rates quoted 122 101 219
UK median daily rate £550 £525 £550
Median daily rate % change year-on-year +4.76% -4.55% +6.80%
10th Percentile £363 £363 £375
90th Percentile £725 £763 £725
UK excluding London median daily rate £450 £450 £450
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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 97749 99240 107788
% of contract IT jobs with a recognized job title 94.79% 94.76% 94.90%
Number of daily rates quoted 64477 64699 68564
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 2920 3284 4118
UK median hourly rate £18.69 £18.03 £18.00
Median hourly rate % change year-on-year +3.66% +0.17% +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 Manager
Job Vacancy Trend

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

Job vacancy trend for Risk Manager in the UK

Risk Manager
Contractor Daily Rate Trend

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

Contractor daily rate trend for Risk Manager in the UK

Risk Manager
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Risk Manager over the 6 months to 21 November 2017.

Contractor daily rate histogram for Risk Manager in the UK

Risk Manager
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Risk Manager in the UK

Risk Manager
Top 14 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 21 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 +29 174 £550 +4.76% 42
London -5 115 £600 - 11
UK excluding London +19 76 £450 - 32
North of England +49 24 £500 +11.11% 14
South East +13 24 £500 +3.63% 6
North West +20 19 £513 +7.89% 8
Scotland -5 16 £430 +14.67% 1
South West -7 6 £365 -16.33% 2
North East +69 5 £500 - 1
East of England -7 3 £475 -5.00% 4
Midlands +12 2 £469 +17.19% 5
West Midlands +17 1 £488 +14.71% 2
East Midlands -3 1 £450 +20.00%
Wales - 1 £331 -

Risk Manager Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 21 November 2017, Risk Manager 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 Manager in the job title.

1 92 (48.17%) Finance
2 77 (40.31%) Risk Management
3 69 (36.13%) Banking
4 44 (23.04%) Project Management
5 40 (20.94%) Agile Software Development
6 39 (20.42%) Stakeholder Management
6 39 (20.42%) Market Risk
7 36 (18.85%) Credit Risk
8 30 (15.71%) Information Security
8 30 (15.71%) Investment Banking
9 25 (13.09%) Analytical Skills
10 22 (11.52%) Cybersecurity
11 21 (10.99%) Programme Management
12 19 (9.95%) CISM
12 19 (9.95%) CISSP
13 18 (9.42%) Matrix Management
14 17 (8.90%) Risk Analysis
14 17 (8.90%) Stress Testing
14 17 (8.90%) ISO/IEC 27001
15 15 (7.85%) Risk Assessment
15 15 (7.85%) Derivative
15 15 (7.85%) JIRA
16 14 (7.33%) IT Governance
16 14 (7.33%) Degree
17 13 (6.81%) Management Information System
18 12 (6.28%) Credit Risk Management
18 12 (6.28%) Microsoft Project
18 12 (6.28%) PRINCE2
18 12 (6.28%) Microsoft Excel
18 12 (6.28%) Security Cleared

Risk Manager 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 (2.62%) SharePoint
2 3 (1.57%) SAS
3 2 (1.05%) Confluence
Applications
1 12 (6.28%) Microsoft Excel
1 12 (6.28%) Microsoft Project
2 10 (5.24%) Microsoft Office
2 10 (5.24%) Microsoft PowerPoint
3 6 (3.14%) MS Visio
Business Applications
1 4 (2.09%) Primavera
2 2 (1.05%) Summit
Communications & Networking
1 4 (2.09%) Firewall
1 4 (2.09%) Network Security
2 3 (1.57%) SMS
3 2 (1.05%) LTE
3 2 (1.05%) PPP
3 2 (1.05%) Wireless
4 1 (0.52%) Internet
Database & Business Intelligence
1 5 (2.62%) Data Warehouse
2 4 (2.09%) QlikView
3 2 (1.05%) SQL Server
4 1 (0.52%) Big Data
4 1 (0.52%) GIS
4 1 (0.52%) Relational Database
Development Applications
1 15 (7.85%) JIRA
2 1 (0.52%) Atlassian Bamboo
General
1 92 (48.17%) Finance
2 69 (36.13%) Banking
3 30 (15.71%) Investment Banking
4 9 (4.71%) Telecoms
5 8 (4.19%) Front Office
5 8 (4.19%) Legal
6 5 (2.62%) Marketing
7 4 (2.09%) Retail Banking
8 3 (1.57%) Electronics
8 3 (1.57%) Financial Institution
8 3 (1.57%) Manufacturing
9 2 (1.05%) Back Office
9 2 (1.05%) Law
10 1 (0.52%) Retail
10 1 (0.52%) Wholesale Banking
Miscellaneous
1 39 (20.42%) Market Risk
2 36 (18.85%) Credit Risk
3 25 (13.09%) Analytical Skills
4 15 (7.85%) Derivative
5 13 (6.81%) Management Information System
6 8 (4.19%) Cyberthreat
6 8 (4.19%) Foreign Exchange (FX)
6 8 (4.19%) Greenfield Project
7 6 (3.14%) Data Protection Act
8 5 (2.62%) Fintech
8 5 (2.62%) Virtual Team
9 3 (1.57%) Equities
9 3 (1.57%) Fixed Income
9 3 (1.57%) OTC Derivatives
10 2 (1.05%) Cyber Defence
10 2 (1.05%) PMI
11 1 (0.52%) Computer Science
11 1 (0.52%) Life Science
11 1 (0.52%) SWIFT
Operating Systems
1 2 (1.05%) Unix
1 2 (1.05%) Windows
Processes & Methodologies
1 77 (40.31%) Risk Management
2 44 (23.04%) Project Management
3 40 (20.94%) Agile Software Development
4 39 (20.42%) Stakeholder Management
5 30 (15.71%) Information Security
6 22 (11.52%) Cybersecurity
7 21 (10.99%) Programme Management
8 18 (9.42%) Matrix Management
9 17 (8.90%) Risk Analysis
9 17 (8.90%) Stress Testing
10 15 (7.85%) Risk Assessment
11 14 (7.33%) IT Governance
12 12 (6.28%) Credit Risk Management
12 12 (6.28%) PRINCE2
13 10 (5.24%) IT Strategy
13 10 (5.24%) Matrix Organization
14 9 (4.71%) Data Protection
14 9 (4.71%) ITIL
14 9 (4.71%) Scrum
14 9 (4.71%) User Acceptance Testing
Programming Languages
1 3 (1.57%) SQL
2 2 (1.05%) Java
3 1 (0.52%) C
3 1 (0.52%) MATLAB
3 1 (0.52%) VBA
Qualifications
1 19 (9.95%) CISM
1 19 (9.95%) CISSP
2 14 (7.33%) Degree
3 12 (6.28%) Security Cleared
4 9 (4.71%) SC Cleared
5 6 (3.14%) ISEB
5 6 (3.14%) ISTQB
6 5 (2.62%) CRISC
7 4 (2.09%) CISA
7 4 (2.09%) PMI Certification
8 3 (1.57%) ISTQB Advanced Certification
9 2 (1.05%) ACCA
9 2 (1.05%) CGEIT
9 2 (1.05%) DV Cleared
9 2 (1.05%) ISO 27001 Lead Auditor
9 2 (1.05%) PMP
9 2 (1.05%) PRINCE2 Certification
10 1 (0.52%) CFA
10 1 (0.52%) Six Sigma Green Belt
10 1 (0.52%) SSCP
Quality Assurance & Compliance
1 17 (8.90%) ISO/IEC 27001
2 8 (4.19%) COBIT
2 8 (4.19%) PCI DSS
2 8 (4.19%) PMO
3 7 (3.66%) QA
3 7 (3.66%) Sarbanes-Oxley
4 6 (3.14%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
5 3 (1.57%) EMIR
5 3 (1.57%) GDPR
5 3 (1.57%) MiFID
5 3 (1.57%) SLA
6 2 (1.05%) COSO
6 2 (1.05%) Disclosure Scotland
6 2 (1.05%) Dodd-Frank
6 2 (1.05%) ISO 9001
6 2 (1.05%) ISO/IEC 20000
6 2 (1.05%) PMBOK
7 1 (0.52%) GxP
7 1 (0.52%) HMG Security Policy Framework
7 1 (0.52%) ISO/IEC 27005
System Software
1 1 (0.52%) IAG
Systems Management
1 1 (0.52%) HP Quality Center
Vendors
1 6 (3.14%) Microsoft
2 4 (2.09%) Murex
2 4 (2.09%) Oracle
3 3 (1.57%) HP
3 3 (1.57%) SAP
4 2 (1.05%) Calypso
5 1 (0.52%) Atlassian
5 1 (0.52%) Bloomberg
5 1 (0.52%) FactSet
5 1 (0.52%) Sybase