IFRS 9 Contracts in England

IFRS 9 Financial Instruments
UK > England

The table below provides summary statistics for contract job vacancies advertised in England requiring IFRS 9 skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited IFRS 9 over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 536 628 777
Rank change year-on-year +92 +149 -132
Contract jobs citing IFRS 9 14 8 10
As % of all contract jobs advertised in England 0.037% 0.017% 0.014%
As % of the Quality Assurance & Compliance category 0.28% 0.13% 0.11%
Number of daily rates quoted 8 2 5
10th Percentile £510 £541 £573
25th Percentile £563 £555 £606
Median daily rate (50th Percentile) £600 £594 £613
Median % change year-on-year +1.05% -3.06% -12.50%
75th Percentile - £642 £619
90th Percentile £626 £662 £643
UK median daily rate £600 £594 £613
% change year-on-year +1.05% -3.06% -2.00%

All Quality Assurance and Compliance Skills
England

IFRS 9 falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring quality assurance or compliance skills in England.

Contract vacancies with a requirement for quality assurance or compliance skills 5,067 6,357 9,159
As % of all contract IT jobs advertised in England 13.51% 13.52% 13.05%
Number of daily rates quoted 3,193 4,313 6,338
10th Percentile £300 £300 £290
25th Percentile £406 £413 £408
Median daily rate (50th Percentile) £525 £525 £525
Median % change year-on-year - - +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £760 £738
UK median daily rate £510 £525 £515
% change year-on-year -2.86% +1.94% +8.42%
Number of hourly rates quoted 382 229 265
10th Percentile £10.95 £15.17 £12.56
25th Percentile £12.88 £20.50 £17.00
Median hourly rate £24.18 £42.50 £27.50
Median % change year-on-year -43.11% +54.55% +33.92%
75th Percentile £51.31 £65.00 £49.25
90th Percentile £70.00 £80.00 £69.40
UK median hourly rate £23.80 £37.75 £27.73
% change year-on-year -36.95% +36.13% +32.05%

IFRS 9
Job Vacancy Trend in England

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

Job vacancy trend for IFRS 9 in England

IFRS 9
Contractor Daily Rate Trend in England

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

Daily rate trend for IFRS 9 in England

IFRS 9
Daily Rate Histogram in England

Daily rate distribution for jobs citing IFRS 9 in England over the 6 months to 12 June 2024.

Daily rate histogram for IFRS 9 in England

IFRS 9
Contract Job Locations in England

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 England region over the 6 months to 12 June 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
South East - 8 £600 - 1
London +82 5 £675 +13.68% 10
IFRS 9
UK

IFRS 9
Co-occurring Skills and Capabilities in England 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 7 (50.00%) SAS
Applications
1 3 (21.43%) Microsoft Excel
1 3 (21.43%) Spreadsheet
Cloud Services
1 1 (7.14%) Power Platform
Database & Business Intelligence
1 1 (7.14%) Power BI
General
1 9 (64.29%) Finance
2 4 (28.57%) Retail
3 3 (21.43%) Analytical Skills
3 3 (21.43%) General Ledger
4 2 (14.29%) Banking
4 2 (14.29%) Inclusion and Diversity
5 1 (7.14%) Corporate Banking
5 1 (7.14%) Social Skills
Job Titles
1 4 (28.57%) Analyst
2 3 (21.43%) Data Modeller
2 3 (21.43%) Developer
3 2 (14.29%) Credit Risk Modeller
3 2 (14.29%) Financial Analyst
3 2 (14.29%) Report Analyst
3 2 (14.29%) SAS Developer
3 2 (14.29%) SAS Modeller
3 2 (14.29%) Senior
3 2 (14.29%) Senior Analyst
3 2 (14.29%) Senior Financial Analyst
4 1 (7.14%) Accountant
4 1 (7.14%) Credit Risk Developer
4 1 (7.14%) Credit Risk Manager
4 1 (7.14%) Data Analyst
4 1 (7.14%) Functional Analyst
4 1 (7.14%) Quantitative Developer
4 1 (7.14%) Risk Manager
Miscellaneous
1 9 (64.29%) Credit Risk
2 1 (7.14%) Derivative
2 1 (7.14%) Equities
Processes & Methodologies
1 8 (57.14%) Data Modelling
1 8 (57.14%) Stress Testing
2 7 (50.00%) Analytics
3 5 (35.71%) Portfolio Management
3 5 (35.71%) Validation
4 3 (21.43%) Internal Audit
5 2 (14.29%) Credit Risk Modelling
5 2 (14.29%) Risk Management
5 2 (14.29%) Stakeholder Management
6 1 (7.14%) Business Analytics
6 1 (7.14%) Data Analysis
6 1 (7.14%) Data Cleansing
6 1 (7.14%) Data Migration
6 1 (7.14%) Logistic Regression
6 1 (7.14%) Migration
6 1 (7.14%) Monte Carlo Method
6 1 (7.14%) Quantitative Analysis
6 1 (7.14%) Regulatory Compliance
6 1 (7.14%) Scorecard
6 1 (7.14%) Stochastic Calculus
Programming Languages
1 4 (28.57%) SQL
2 1 (7.14%) Java
Quality Assurance & Compliance
1 14 (100.00%) IFRS
2 3 (21.43%) IFRS 17
3 1 (7.14%) Basel III
3 1 (7.14%) QA