Period
to 21 November 2017

The median contractor rate for a Senior Risk Analyst was £594 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.

Senior Risk Analyst
UK
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 856 862 862
Rank change year-on-year +6 0 -21
Contract jobs requiring a Senior Risk Analyst 21 19 26
As % of all contract IT jobs advertised in the UK 0.020% 0.018% 0.023%
As % of the Job Titles category 0.021% 0.019% 0.024%
Number of daily rates quoted 14 18 19
UK median daily rate £594 £588 £500
Median daily rate % change year-on-year +1.06% +17.50% -4.21%
10th Percentile £355 £425 £413
90th Percentile £725 £725 £700
UK excluding London median daily rate £368 £450 £475
% change year-on-year -18.33% -5.26% +4.11%
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

Senior Risk Analyst
Job Vacancy Trend

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

Job vacancy trend for Senior Risk Analyst in the UK

Senior Risk Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Senior Risk Analyst in the UK

Senior Risk Analyst
Contractor Daily Rate Histogram

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

Contractor daily rate histogram for Senior Risk Analyst in the UK

Senior Risk Analyst
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Senior Risk Analyst in the UK

Senior Risk 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 Senior Risk Analyst 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 +18 19 £625 - 8
London -20 15 £675 +8.00% 5
UK excluding London +20 5 £368 -18.33% 3
Scotland -6 2 £331 -26.39%
North of England - 2 £404 - 1
North West - 1 £423 -
South East - 1 - - 1
Yorkshire - 1 £385 - 1

Senior Risk Analyst Skill Set
Top 30 Co-occurring IT Skills

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

1 15 (71.43%) Banking
2 14 (66.67%) Finance
3 10 (47.62%) Front Office
4 9 (42.86%) Risk Management
4 9 (42.86%) Investment Banking
5 8 (38.10%) Market Risk
6 7 (33.33%) Agile Software Development
7 6 (28.57%) Back Office
7 6 (28.57%) Analytical Skills
8 5 (23.81%) Big Data
8 5 (23.81%) R
8 5 (23.81%) Scenario Testing
8 5 (23.81%) Stress Testing
8 5 (23.81%) Hadoop
8 5 (23.81%) Data Analysis
9 4 (19.05%) Migration
9 4 (19.05%) Credit Risk
10 3 (14.29%) Analytics
10 3 (14.29%) IFRS
10 3 (14.29%) IFRS 9
10 3 (14.29%) Business Analysis
10 3 (14.29%) Stakeholder Management
10 3 (14.29%) Foreign Exchange (FX)
11 2 (9.52%) SAS
11 2 (9.52%) SQL
11 2 (9.52%) ISEB
11 2 (9.52%) Derivative
11 2 (9.52%) Retail Banking
11 2 (9.52%) Retail
11 2 (9.52%) Asset Management

Senior Risk Analyst 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 2 (9.52%) SAS
Communications & Networking
1 1 (4.76%) SMS
Database & Business Intelligence
1 5 (23.81%) Big Data
1 5 (23.81%) Hadoop
2 1 (4.76%) SQL Server
Development Applications
1 1 (4.76%) Atlassian Bamboo
1 1 (4.76%) Cucumber
General
1 15 (71.43%) Banking
2 14 (66.67%) Finance
3 10 (47.62%) Front Office
4 9 (42.86%) Investment Banking
5 6 (28.57%) Back Office
6 2 (9.52%) Retail
6 2 (9.52%) Retail Banking
Libraries, Frameworks & Software Standards
1 1 (4.76%) Gherkin
Miscellaneous
1 8 (38.10%) Market Risk
2 6 (28.57%) Analytical Skills
3 4 (19.05%) Credit Risk
4 3 (14.29%) Foreign Exchange (FX)
5 2 (9.52%) Derivative
6 1 (4.76%) Fixed Income
6 1 (4.76%) Interest Rate Derivative
Processes & Methodologies
1 9 (42.86%) Risk Management
2 7 (33.33%) Agile Software Development
3 5 (23.81%) Data Analysis
3 5 (23.81%) Scenario Testing
3 5 (23.81%) Stress Testing
4 4 (19.05%) Migration
5 3 (14.29%) Analytics
5 3 (14.29%) Business Analysis
5 3 (14.29%) Stakeholder Management
6 2 (9.52%) Asset Management
6 2 (9.52%) Risk Analytics
6 2 (9.52%) Test Scripting
7 1 (4.76%) Data Management
7 1 (4.76%) Investment Management
7 1 (4.76%) Mathematics
7 1 (4.76%) Physics
7 1 (4.76%) Project Management
7 1 (4.76%) Stakeholder Engagement
7 1 (4.76%) User Acceptance Testing
7 1 (4.76%) User Stories
Programming Languages
1 5 (23.81%) R
2 2 (9.52%) SQL
3 1 (4.76%) C#
3 1 (4.76%) C++
Qualifications
1 2 (9.52%) ISEB
2 1 (4.76%) ISTQB
Quality Assurance & Compliance
1 3 (14.29%) IFRS
1 3 (14.29%) IFRS 9
2 2 (9.52%) QA
Systems Management
1 1 (4.76%) HP Quality Center
Vendors
1 1 (4.76%) Murex
1 1 (4.76%) Oracle