Risk Analyst Contracts

Risk Analyst
UK

The median Risk Analyst daily rate in the UK is £550, according to job vacancies posted in the 6 months leading up to 12 June 2024.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 499 518 675
Rank change year-on-year +19 +157 -94
Contract jobs requiring a Risk Analyst 85 180 173
As % of all contract jobs advertised in the UK 0.19% 0.32% 0.20%
As % of the Job Titles category 0.21% 0.34% 0.21%
Number of daily rates quoted 57 123 141
10th Percentile £406 £400 £375
25th Percentile £445 £450 £470
Median daily rate (50th Percentile) £550 £638 £550
Median % change year-on-year -13.79% +16.00% +4.76%
75th Percentile £656 £775 £700
90th Percentile £775 £1,063 £775
UK excluding London median daily rate £450 £400 £518
% change year-on-year +12.50% -22.71% -3.72%
Number of hourly rates quoted 0 1 0
Median hourly rate - £39.60 -
UK excluding London median hourly rate - - -

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides 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 40,557 52,491 83,111
% of contract IT jobs with a recognized job title 92.86% 94.51% 95.34%
Number of daily rates quoted 26,070 36,644 58,616
10th Percentile £280 £313 £318
25th Percentile £408 £425 £425
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.42% +2.48% +6.06%
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% +8.57%
Number of hourly rates quoted 2,936 1,486 1,938
10th Percentile £12.86 £14.25 £12.75
25th Percentile £16.30 £19.42 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +16.28%
75th Percentile £61.81 £65.75 £50.00
90th Percentile £73.75 £77.00 £65.00
UK excluding London median hourly rate £40.00 £42.08 £20.00
% change year-on-year -4.94% +110.39% +7.82%

Risk Analyst
Job Vacancy Trend

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

Job vacancy trend for Risk Analyst in the UK

Risk Analyst
Contractor Daily Rate Trend

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

Daily rate trend for Risk Analyst in the UK

Risk Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Risk Analyst over the 6 months to 12 June 2024.

Daily rate histogram for Risk Analyst in the UK

Risk Analyst
Contractor Hourly Rate Trend

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

Hourly rate trend for Risk Analyst in the UK

Risk Analyst
Top 13 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Analyst within the UK 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
England -8 79 £563 -12.79% 56
London -2 58 £575 -17.86% 36
Work from Home +78 28 £494 -8.34% 20
UK excluding London +20 23 £450 +12.50% 22
North of England +17 10 £400 - 4
North West +15 9 £398 -0.63% 2
Midlands +9 7 £450 +12.50% 2
East Midlands 0 5 £448 +11.88%
South East +17 4 £475 -17.39% 9
Scotland +49 3 £268 -53.39% 3
West Midlands +17 2 £450 -14.29% 2
Yorkshire +14 1 £550 +28.50% 2
Northern Ireland - 1 £450 -

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

For the 6 months to 12 June 2024, Risk 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 Analyst in the job title.

1 38 (44.71%) Finance
2 37 (43.53%) Risk Management
3 34 (40.00%) Banking
4 25 (29.41%) Social Skills
5 21 (24.71%) SQL
6 16 (18.82%) Analytical Skills
7 13 (15.29%) Cybersecurity
8 12 (14.12%) Stakeholder Management
9 11 (12.94%) Python
9 11 (12.94%) Data Analysis
9 11 (12.94%) Investment Banking
9 11 (12.94%) Credit Risk
9 11 (12.94%) Analytics
10 10 (11.76%) Problem-Solving
10 10 (11.76%) CISSP
11 9 (10.59%) Microsoft
11 9 (10.59%) SAS
11 9 (10.59%) Risk Assessment
11 9 (10.59%) Front Office
11 9 (10.59%) Security Cleared
11 9 (10.59%) Data Quality
12 8 (9.41%) Data Governance
12 8 (9.41%) CISM
12 8 (9.41%) Validation
12 8 (9.41%) SAP
13 7 (8.24%) CISA
13 7 (8.24%) Agile
13 7 (8.24%) CRISC
13 7 (8.24%) Azure
13 7 (8.24%) Public Sector

Risk 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 9 (10.59%) SAS
2 4 (4.71%) SharePoint
3 3 (3.53%) Confluence
Applications
1 4 (4.71%) Microsoft Excel
2 3 (3.53%) Microsoft Office
3 1 (1.18%) Microsoft PowerPoint
Business Applications
1 5 (5.88%) Endur
1 5 (5.88%) OpenLink RightAngle
2 3 (3.53%) Oracle Procure-to-Pay
3 1 (1.18%) SAP ERP
Cloud Services
1 7 (8.24%) Azure
2 5 (5.88%) AWS
2 5 (5.88%) Cloud Computing
3 4 (4.71%) Microsoft 365
4 3 (3.53%) Snowflake
5 2 (2.35%) Power Automate
6 1 (1.18%) Entra ID
6 1 (1.18%) Power Platform
Database & Business Intelligence
1 3 (3.53%) SAP HANA
2 2 (2.35%) Data Warehouse
3 1 (1.18%) Data Mining
3 1 (1.18%) Power BI
3 1 (1.18%) Tableau
Development Applications
1 4 (4.71%) JIRA
General
1 38 (44.71%) Finance
2 34 (40.00%) Banking
3 25 (29.41%) Social Skills
4 16 (18.82%) Analytical Skills
5 11 (12.94%) Investment Banking
6 9 (10.59%) Front Office
7 7 (8.24%) Public Sector
8 5 (5.88%) Presentation Skills
9 3 (3.53%) Organisational Skills
10 2 (2.35%) Automotive
10 2 (2.35%) International Banking
10 2 (2.35%) Legal
10 2 (2.35%) Manufacturing
10 2 (2.35%) Retail
10 2 (2.35%) Retail Finance
11 1 (1.18%) Documentation Skills
11 1 (1.18%) General Ledger
11 1 (1.18%) Law
Libraries, Frameworks & Software Standards
1 5 (5.88%) HTML
1 5 (5.88%) Middleware
2 3 (3.53%) IDoc
2 3 (3.53%) XML
Miscellaneous
1 11 (12.94%) Credit Risk
2 6 (7.06%) Derivative
2 6 (7.06%) Market Risk
3 4 (4.71%) Equities
3 4 (4.71%) Foreign Exchange (FX)
3 4 (4.71%) Management Information System
3 4 (4.71%) Self-Motivation
4 3 (3.53%) Cyber Threat
5 2 (2.35%) Equity Derivative
5 2 (2.35%) Reinsurance
6 1 (1.18%) Product Ownership
Operating Systems
1 3 (3.53%) Windows
2 2 (2.35%) Linux
2 2 (2.35%) Unix
3 1 (1.18%) Windows 7
3 1 (1.18%) Windows Server 2008
3 1 (1.18%) Windows Server 2012
Processes & Methodologies
1 37 (43.53%) Risk Management
2 13 (15.29%) Cybersecurity
3 12 (14.12%) Stakeholder Management
4 11 (12.94%) Analytics
4 11 (12.94%) Data Analysis
5 10 (11.76%) Problem-Solving
6 9 (10.59%) Risk Assessment
7 8 (9.41%) Data Governance
7 8 (9.41%) Validation
8 7 (8.24%) Agile
9 6 (7.06%) Change Management
9 6 (7.06%) Information Security
9 6 (7.06%) Risk Register
9 6 (7.06%) User Acceptance Testing
10 5 (5.88%) Customer Service
10 5 (5.88%) ETRM
10 5 (5.88%) Investment Management
10 5 (5.88%) Order to Cash
10 5 (5.88%) Requirements Gathering
10 5 (5.88%) Stress Testing
Programming Languages
1 21 (24.71%) SQL
2 11 (12.94%) Python
3 5 (5.88%) ABAP
3 5 (5.88%) C
3 5 (5.88%) C#
4 1 (1.18%) R
4 1 (1.18%) VBA
Qualifications
1 10 (11.76%) CISSP
2 9 (10.59%) Security Cleared
3 8 (9.41%) CISM
4 7 (8.24%) CISA
4 7 (8.24%) CRISC
5 6 (7.06%) SC Cleared
6 3 (3.53%) Degree
7 2 (2.35%) (ISC)2 CCSP
7 2 (2.35%) Cisco Certification
8 1 (1.18%) Computer Science Degree
8 1 (1.18%) Master's Degree
Quality Assurance & Compliance
1 9 (10.59%) Data Quality
2 7 (8.24%) GRC
3 4 (4.71%) NIST
4 3 (3.53%) GDPR
5 2 (2.35%) ISO/IEC 27001
5 2 (2.35%) PMO
6 1 (1.18%) Accessibility
6 1 (1.18%) Basel II
6 1 (1.18%) Basel III
6 1 (1.18%) ISO 31000
6 1 (1.18%) NIST 800
6 1 (1.18%) Solvency II
System Software
1 1 (1.18%) Active Directory
Systems Management
1 1 (1.18%) Microsoft Intune
Vendors
1 9 (10.59%) Microsoft
2 8 (9.41%) SAP
3 5 (5.88%) OpenLink
3 5 (5.88%) Triple Point
4 3 (3.53%) MuleSoft
4 3 (3.53%) Oracle
4 3 (3.53%) webMethods
5 2 (2.35%) ServiceNow
6 1 (1.18%) Remedy