Market Risk Contracts with Work from Home Options

Market Risk
UK > Work from Home

The table below looks at the prevalence of the term Market Risk in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 6 months to 27 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 321 386 583
Rank change year-on-year +65 +197 -140
Contract jobs citing Market Risk 23 89 39
As % of all contract jobs with a WFH option 0.15% 0.34% 0.088%
As % of the Miscellaneous category 0.53% 1.09% 0.28%
Number of daily rates quoted 10 60 26
10th Percentile £508 £578 £574
25th Percentile £542 £613 £632
Median daily rate (50th Percentile) £675 £752 £750
Median % change year-on-year -10.18% +0.20% +9.09%
75th Percentile £794 £950 £825
90th Percentile £983 £960 £841
UK median daily rate £750 £750 £700
% change year-on-year - +7.14% +3.70%

All Generic Skills
Work from Home

Market Risk is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,363 8,167 13,894
As % of all contract jobs with a WFH option 28.56% 31.50% 31.19%
Number of daily rates quoted 2,941 5,752 9,905
10th Percentile £325 £363 £356
25th Percentile £431 £454 £438
Median daily rate (50th Percentile) £550 £550 £538
Median % change year-on-year - +2.33% +8.59%
75th Percentile £675 £688 £638
90th Percentile £800 £800 £750
UK median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 190 152 229
10th Percentile £15.42 £19.00 £12.21
25th Percentile £25.50 £32.06 £20.75
Median hourly rate £49.25 £57.50 £44.50
Median % change year-on-year -14.35% +29.21% +28.84%
75th Percentile £65.00 £70.00 £57.50
90th Percentile £72.50 £85.00 £66.05
UK median hourly rate £28.50 £22.49 £27.50
% change year-on-year +26.75% -18.24% +3.19%

Market Risk
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Market Risk as a proportion of all IT jobs advertised.

Market Risk trend for jobs with a WFH option

Market Risk
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Market Risk.

Market Risk daily rate for jobs with a WFH option

Market Risk
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Market Risk over the 6 months to 27 April 2024.

Market Risk daily rate histogram for jobs with a WFH option

Market Risk
Co-occurring Skills and Capabilities with WFH Options 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 3 (13.04%) MTS
Business Applications
1 3 (13.04%) Aligne
1 3 (13.04%) Endur
1 3 (13.04%) EuroRunner
2 2 (8.70%) SAP GTS
Cloud Services
1 3 (13.04%) Power Platform
2 2 (8.70%) Azure
3 1 (4.35%) Amazon S3
3 1 (4.35%) Azure DevOps
Database & Business Intelligence
1 3 (13.04%) Power BI
2 1 (4.35%) Big Data
2 1 (4.35%) Oracle Database
2 1 (4.35%) Oracle Exadata
2 1 (4.35%) Relational Database
General
1 11 (47.83%) Finance
2 9 (39.13%) Front Office
3 8 (34.78%) Banking
4 6 (26.09%) Analytical Skills
5 3 (13.04%) Back Office
6 2 (8.70%) Investment Banking
7 1 (4.35%) Social Skills
Job Titles
1 11 (47.83%) Analyst
2 6 (26.09%) Business Analyst
3 5 (21.74%) Risk Analyst
4 4 (17.39%) Developer
5 3 (13.04%) Risk Business Analyst
6 2 (8.70%) .NET Developer
6 2 (8.70%) Market Analyst
6 2 (8.70%) Market Risk Analyst
6 2 (8.70%) Market Risk Business Analyst
6 2 (8.70%) Market Risk Developer
6 2 (8.70%) Pricing Analyst
6 2 (8.70%) Programme Manager
6 2 (8.70%) Qualitative Analyst
6 2 (8.70%) Quantitative Analyst
6 2 (8.70%) Quantitative Risk Analyst
6 2 (8.70%) SQL Developer
7 1 (4.35%) Investment Banking Business Analyst
7 1 (4.35%) PMO Consultant
7 1 (4.35%) Quality Analyst
7 1 (4.35%) Risk Manager
Libraries, Frameworks & Software Standards
1 3 (13.04%) .NET
2 1 (4.35%) Gherkin
2 1 (4.35%) ODBC
2 1 (4.35%) Shiny
Miscellaneous
1 5 (21.74%) Credit Risk
2 2 (8.70%) Derivative
2 2 (8.70%) Equities
2 2 (8.70%) Equity Derivative
2 2 (8.70%) Reinsurance
3 1 (4.35%) Blog
3 1 (4.35%) Data Centre
3 1 (4.35%) Management Information System
3 1 (4.35%) Taxonomies
Operating Systems
1 1 (4.35%) Unix
Processes & Methodologies
1 7 (30.43%) Agile
1 7 (30.43%) Risk Management
2 5 (21.74%) Project Management
3 4 (17.39%) Project Delivery
4 3 (13.04%) Business Intelligence
4 3 (13.04%) Change Management
4 3 (13.04%) Data Analysis
4 3 (13.04%) DevOps
4 3 (13.04%) ETRM
5 2 (8.70%) Backtesting
5 2 (8.70%) Business Analysis
5 2 (8.70%) Business Case
5 2 (8.70%) OO
5 2 (8.70%) Portfolio Management
5 2 (8.70%) Programme Management
5 2 (8.70%) Project Governance
5 2 (8.70%) Scaled Agile Framework
5 2 (8.70%) Stakeholder Management
5 2 (8.70%) Stress Testing
5 2 (8.70%) Time Series Analysis
Programming Languages
1 10 (43.48%) SQL
2 3 (13.04%) Python
3 2 (8.70%) C#
4 1 (4.35%) Java
4 1 (4.35%) Jython
4 1 (4.35%) R
Quality Assurance & Compliance
1 3 (13.04%) PMO
2 1 (4.35%) Basel II
Systems Management
1 1 (4.35%) Oracle Enterprise Manager
Vendors
1 3 (13.04%) Microsoft
1 3 (13.04%) Oracle
2 2 (8.70%) Murex
2 2 (8.70%) Salesforce
2 2 (8.70%) SAP