Risk Business Analyst Contracts

Risk Business Analyst (Risk BA)
UK

The median Risk Business Analyst (Risk BA) daily rate in the UK is £625 according to job vacancies posted during the 6 months to 22 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
22 May 2024
Same period 2023 Same period 2022
Rank 557 634 778
Rank change year-on-year +77 +144 -118
Contract jobs requiring a Risk Business Analyst 21 48 72
As % of all contract jobs advertised in the UK 0.049% 0.085% 0.082%
As % of the Job Titles category 0.053% 0.090% 0.086%
Number of daily rates quoted 15 43 56
10th Percentile £524 £441 £440
25th Percentile £575 £565 £500
Median daily rate (50th Percentile) £625 £685 £675
Median % change year-on-year -8.76% +1.48% +3.85%
75th Percentile £688 £775 £713
90th Percentile £845 £798 £756
UK excluding London median daily rate £650 £525 £450
% change year-on-year +23.81% +16.67% -31.56%

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 39,379 53,564 83,565
% of contract IT jobs with a recognized job title 92.82% 94.61% 95.39%
Number of daily rates quoted 25,662 37,382 58,742
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.82% +2.90% +8.25%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +11.76%
Number of hourly rates quoted 2,685 1,500 2,039
10th Percentile £12.81 £14.25 £12.50
25th Percentile £16.30 £19.39 £15.82
Median hourly rate £36.50 £45.00 £23.91
Median % change year-on-year -18.89% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.50 £76.03 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Risk Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Risk Business Analyst in the UK

Risk Business Analyst
Contractor Daily Rate Trend

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

Daily rate trend for Risk Business Analyst in the UK

Risk Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Risk Business Analyst over the 6 months to 22 May 2024.

Daily rate histogram for Risk Business Analyst in the UK

Risk Business Analyst
Contractor Hourly Rate Trend

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

Hourly rate trend for Risk Business Analyst in the UK

Risk Business 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 Risk Business Analyst within the UK over the 6 months to 22 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 +83 19 £638 -6.93% 2
London +63 16 £613 -15.52% 1
Work from Home +109 5 £575 +1.77% 1
UK excluding London +54 3 £650 +23.81% 1
North West - 2 £650 -
North of England - 2 £650 -
Midlands +24 1 - -
West Midlands +23 1 - -

Risk Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 22 May 2024, Risk Business Analyst 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 Business Analyst in the job title.

1 9 (42.86%) Finance
1 9 (42.86%) Banking
2 7 (33.33%) Social Skills
3 6 (28.57%) Workshop Facilitation
3 6 (28.57%) Risk Management
3 6 (28.57%) Agile
3 6 (28.57%) Credit Risk
4 5 (23.81%) Investment Management
4 5 (23.81%) Asset Management
4 5 (23.81%) Data Analysis
4 5 (23.81%) Investment Banking
4 5 (23.81%) Data Governance
4 5 (23.81%) Data Quality
4 5 (23.81%) Requirements Gathering
5 4 (19.05%) Risk Register
5 4 (19.05%) Stakeholder Management
5 4 (19.05%) Risk Assessment
5 4 (19.05%) JIRA
5 4 (19.05%) Market Risk
6 3 (14.29%) Confluence
6 3 (14.29%) Front Office
6 3 (14.29%) SQL
6 3 (14.29%) Wealth Management
7 2 (9.52%) Scaled Agile Framework
7 2 (9.52%) Problem-Solving
7 2 (9.52%) Project Delivery
7 2 (9.52%) User Stories
7 2 (9.52%) Cybersecurity
7 2 (9.52%) Project Governance
7 2 (9.52%) Management Information System

Risk Business Analyst 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 3 (14.29%) Confluence
Applications
1 1 (4.76%) Microsoft Excel
Database & Business Intelligence
1 1 (4.76%) Data Mining
Development Applications
1 4 (19.05%) JIRA
General
1 9 (42.86%) Banking
1 9 (42.86%) Finance
2 7 (33.33%) Social Skills
3 5 (23.81%) Investment Banking
4 3 (14.29%) Front Office
5 1 (4.76%) Analytical Skills
5 1 (4.76%) Documentation Skills
5 1 (4.76%) General Ledger
Miscellaneous
1 6 (28.57%) Credit Risk
2 4 (19.05%) Market Risk
3 2 (9.52%) Management Information System
4 1 (4.76%) Foreign Exchange (FX)
4 1 (4.76%) Product Ownership
4 1 (4.76%) Self-Motivation
Operating Systems
1 1 (4.76%) Windows
1 1 (4.76%) Windows 7
1 1 (4.76%) Windows Server 2008
1 1 (4.76%) Windows Server 2012
Processes & Methodologies
1 6 (28.57%) Agile
1 6 (28.57%) Risk Management
1 6 (28.57%) Workshop Facilitation
2 5 (23.81%) Asset Management
2 5 (23.81%) Data Analysis
2 5 (23.81%) Data Governance
2 5 (23.81%) Investment Management
2 5 (23.81%) Requirements Gathering
3 4 (19.05%) Risk Assessment
3 4 (19.05%) Risk Register
3 4 (19.05%) Stakeholder Management
4 3 (14.29%) Wealth Management
5 2 (9.52%) Business Analysis
5 2 (9.52%) Cybersecurity
5 2 (9.52%) Problem-Solving
5 2 (9.52%) Project Governance
5 2 (9.52%) Scaled Agile Framework
5 2 (9.52%) Stress Testing
5 2 (9.52%) User Acceptance Testing
5 2 (9.52%) User Stories
Programming Languages
1 3 (14.29%) SQL
2 1 (4.76%) Python
2 1 (4.76%) R
2 1 (4.76%) VBA
Qualifications
1 1 (4.76%) SC Cleared
1 1 (4.76%) Security Cleared
Quality Assurance & Compliance
1 5 (23.81%) Data Quality
2 2 (9.52%) Basel III
3 1 (4.76%) Accessibility
3 1 (4.76%) Basel II
3 1 (4.76%) ISO 31000
3 1 (4.76%) NCSC