IFRS 9 Financial Instruments
UK

The following table provides summary statistics for contract job vacancies with a requirement for IFRS 9 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS 9 over the 6 months to 9 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 576 698 824
Rank change year-on-year +122 +126 -156
Contract jobs citing IFRS 9 15 7 23
As % of all contract jobs advertised in the UK 0.035% 0.012% 0.026%
As % of the Quality Assurance & Compliance category 0.24% 0.090% 0.20%
Number of daily rates quoted 9 2 11
10th Percentile £387 £558 £550
25th Percentile £563 £569 £578
Median daily rate (50th Percentile) £600 £600 £613
Median % change year-on-year - -2.04% +11.36%
75th Percentile - £644 £680
90th Percentile - £663 £800
UK excluding London median daily rate £600 - £613
% change year-on-year - - +19.51%

All Quality Assurance and Compliance Skills
UK

IFRS 9 is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 6,147 7,783 11,568
As % of all contract IT jobs advertised in the UK 14.28% 13.42% 13.26%
Number of daily rates quoted 3,905 5,354 7,925
10th Percentile £288 £281 £293
25th Percentile £400 £413 £403
Median daily rate (50th Percentile) £513 £525 £513
Median % change year-on-year -2.38% +2.44% +7.89%
75th Percentile £625 £638 £623
90th Percentile £750 £738 £713
UK excluding London median daily rate £484 £479 £450
% change year-on-year +0.99% +6.50% +5.88%
Number of hourly rates quoted 381 235 298
10th Percentile £10.95 £13.21 £12.01
25th Percentile £13.18 £18.25 £16.25
Median hourly rate £21.00 £35.00 £27.75
Median % change year-on-year -40.00% +26.13% +31.99%
75th Percentile £45.00 £60.00 £49.25
90th Percentile £68.00 £77.50 £66.00
UK excluding London median hourly rate £18.06 £31.89 £21.04
% change year-on-year -43.37% +51.54% -0.05%

IFRS 9
Job Vacancy Trend

Job postings citing IFRS 9 as a proportion of all IT jobs advertised.

Job vacancy trend for IFRS 9 in the UK

IFRS 9
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing IFRS 9.

Daily rate trend for IFRS 9 in the UK

IFRS 9
Daily Rate Histogram

Daily rate distribution for jobs citing IFRS 9 over the 6 months to 9 May 2024.

Daily rate histogram for IFRS 9 in the UK

IFRS 9
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IFRS 9 within the UK over the 6 months to 9 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 +125 14 £600 - 13
UK excluding London +58 10 £600 - 5
South East - 9 £600 - 2
Work from Home - 8 £588 - 2
London +88 4 - - 7
Scotland - 1 £415 -

IFRS 9
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 8 (53.33%) SAS
2 1 (6.67%) WebSphere
Business Applications
1 1 (6.67%) Oracle FAH
1 1 (6.67%) Oracle General Ledger
Cloud Services
1 1 (6.67%) Azure
1 1 (6.67%) Dynamics 365
1 1 (6.67%) OCI
1 1 (6.67%) Power Platform
1 1 (6.67%) SaaS
Database & Business Intelligence
1 1 (6.67%) Oracle Database
1 1 (6.67%) Power BI
1 1 (6.67%) RDBMS
1 1 (6.67%) Relational Database
General
1 10 (66.67%) Finance
2 4 (26.67%) Retail
3 3 (20.00%) Analytical Skills
3 3 (20.00%) Banking
4 2 (13.33%) Public Sector
5 1 (6.67%) Corporate Banking
5 1 (6.67%) Investment Banking
5 1 (6.67%) Social Skills
Job Titles
1 4 (26.67%) Data Modeller
1 4 (26.67%) Developer
2 3 (20.00%) Analyst
2 3 (20.00%) SAS Modeller
3 2 (13.33%) Credit Risk Modeller
3 2 (13.33%) Report Analyst
3 2 (13.33%) SAS Developer
4 1 (6.67%) Architect
4 1 (6.67%) Business Analyst
4 1 (6.67%) Credit Risk Manager
4 1 (6.67%) Data Analyst
4 1 (6.67%) Database Developer
4 1 (6.67%) Enterprise Architect
4 1 (6.67%) Enterprise Solutions Architect
4 1 (6.67%) Functional Analyst
4 1 (6.67%) Oracle Database Developer
4 1 (6.67%) Oracle Developer
4 1 (6.67%) Quantitative Developer
4 1 (6.67%) Risk Manager
4 1 (6.67%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (6.67%) JSON
1 1 (6.67%) Middleware
1 1 (6.67%) XML
1 1 (6.67%) XML Messaging
1 1 (6.67%) XSD
Miscellaneous
1 10 (66.67%) Credit Risk
2 2 (13.33%) Derivative
2 2 (13.33%) Equities
3 1 (6.67%) Foreign Exchange (FX)
Processes & Methodologies
1 9 (60.00%) Stress Testing
2 8 (53.33%) Analytics
3 6 (40.00%) Data Modelling
3 6 (40.00%) Portfolio Management
4 5 (33.33%) Validation
5 3 (20.00%) Internal Audit
5 3 (20.00%) Risk Management
6 2 (13.33%) Credit Risk Modelling
6 2 (13.33%) Regulatory Compliance
7 1 (6.67%) Agile
7 1 (6.67%) Analytical Thinking
7 1 (6.67%) Architectural Design
7 1 (6.67%) Change Management
7 1 (6.67%) Credit Risk Management
7 1 (6.67%) ERP
7 1 (6.67%) Event-Driven
7 1 (6.67%) Model Validation
7 1 (6.67%) Project Management
7 1 (6.67%) Regulatory Change
7 1 (6.67%) Scorecard
Programming Languages
1 6 (40.00%) SQL
2 1 (6.67%) Java
2 1 (6.67%) PL/SQL
2 1 (6.67%) XPath
Qualifications
1 1 (6.67%) Degree
1 1 (6.67%) SC Cleared
1 1 (6.67%) Security Cleared
1 1 (6.67%) TOGAF Certification
Quality Assurance & Compliance
1 15 (100.00%) IFRS
2 2 (13.33%) Basel III
2 2 (13.33%) COREP
3 1 (6.67%) FINREP
3 1 (6.67%) IFRS 17
3 1 (6.67%) QA
Vendors
1 1 (6.67%) IBM
1 1 (6.67%) Oracle