Dodd-Frank Contracts

Dodd–Frank Wall Street Reform and Consumer Protection Act
UK

The following table provides summary statistics for contract job vacancies with a requirement for Dodd-Frank skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Dodd-Frank over the 6 months to 8 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
8 Jun 2024
Same period 2023 Same period 2022
Rank 570 675 835
Rank change year-on-year +105 +160 -112
Contract jobs citing Dodd-Frank 29 16 19
As % of all contract jobs advertised in the UK 0.067% 0.029% 0.022%
As % of the Quality Assurance & Compliance category 0.49% 0.21% 0.16%
Number of daily rates quoted 27 11 18
10th Percentile £400 £425 £589
25th Percentile £575 £625 £683
Median daily rate (50th Percentile) £700 £750 £750
Median % change year-on-year -6.67% - +15.38%
75th Percentile £775 £800 £800
90th Percentile £800 - -
UK excluding London median daily rate - - -

All Quality Assurance and Compliance Skills
UK

Dodd-Frank 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 5,946 7,543 11,643
As % of all contract IT jobs advertised in the UK 13.73% 13.54% 13.20%
Number of daily rates quoted 3,714 5,131 8,035
10th Percentile £280 £288 £297
25th Percentile £400 £413 £406
Median daily rate (50th Percentile) £510 £525 £515
Median % change year-on-year -2.86% +1.94% +8.42%
75th Percentile £625 £644 £625
90th Percentile £750 £750 £725
UK excluding London median daily rate £475 £486 £451
% change year-on-year -2.26% +7.76% +6.12%
Number of hourly rates quoted 421 250 310
10th Percentile £11.00 £13.29 £12.30
25th Percentile £13.18 £19.07 £16.50
Median hourly rate £23.00 £37.75 £28.12
Median % change year-on-year -39.07% +34.27% +33.88%
75th Percentile £48.75 £63.62 £50.00
90th Percentile £70.00 £77.73 £68.75
UK excluding London median hourly rate £18.99 £37.50 £22.29
% change year-on-year -49.37% +68.24% +6.14%

Dodd-Frank
Job Vacancy Trend

Job postings citing Dodd-Frank as a proportion of all IT jobs advertised.

Job vacancy trend for Dodd-Frank in the UK

Dodd-Frank
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Dodd-Frank.

Daily rate trend for Dodd-Frank in the UK

Dodd-Frank
Daily Rate Histogram

Daily rate distribution for jobs citing Dodd-Frank over the 6 months to 8 June 2024.

Daily rate histogram for Dodd-Frank in the UK

Dodd-Frank
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Dodd-Frank within the UK over the 6 months to 8 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 +108 29 £700 -6.67% 3
London +91 29 £700 -6.67% 3
Work from Home +123 14 £600 -11.11% 1

Dodd-Frank
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 5 (17.24%) Confluence
Applications
1 5 (17.24%) Microsoft Excel
1 5 (17.24%) Microsoft PowerPoint
1 5 (17.24%) MS Visio
Business Applications
1 5 (17.24%) ION MarketView
2 1 (3.45%) SAP CO
2 1 (3.45%) SAP FI
2 1 (3.45%) SAP FI/CO
2 1 (3.45%) SAP S/4HANA
Communications & Networking
1 6 (20.69%) FIX Connectivity
Database & Business Intelligence
1 5 (17.24%) SQL Server
Development Applications
1 5 (17.24%) JIRA
1 5 (17.24%) TeamCity
General
1 12 (41.38%) Banking
2 10 (34.48%) Finance
2 10 (34.48%) Front Office
3 9 (31.03%) Social Skills
4 7 (24.14%) Analytical Skills
5 3 (10.34%) Investment Banking
6 2 (6.90%) Financial Institution
7 1 (3.45%) General Ledger
Job Titles
1 11 (37.93%) Business Analyst
2 9 (31.03%) Developer
3 6 (20.69%) Electronic Trading Business Analyst
3 6 (20.69%) Investment Banking Business Analyst
4 5 (17.24%) .NET Developer
4 5 (17.24%) FIX Business Analyst
4 5 (17.24%) Front Office Business Analyst
4 5 (17.24%) Report Developer
5 4 (13.79%) Java Developer
5 4 (13.79%) Regulatory Business Analyst
6 3 (10.34%) Analyst
7 2 (6.90%) Project Manager
8 1 (3.45%) Analytics Manager
8 1 (3.45%) Consultant
8 1 (3.45%) Finance Manager
8 1 (3.45%) Regulatory Reporting Business Analyst
8 1 (3.45%) Report Analyst
8 1 (3.45%) Senior
8 1 (3.45%) Senior Consultant
8 1 (3.45%) Senior SAP FI/CO Consultant
Libraries, Frameworks & Software Standards
1 7 (24.14%) XML
2 6 (20.69%) FIX Protocol
3 5 (17.24%) .NET
3 5 (17.24%) ASP.NET
4 1 (3.45%) FpML
Miscellaneous
1 6 (20.69%) Derivative
2 5 (17.24%) Fixed Income
3 1 (3.45%) ASIC
3 1 (3.45%) DTCC
3 1 (3.45%) EFT
3 1 (3.45%) OTC Derivatives
3 1 (3.45%) Product Ownership
Operating Systems
1 5 (17.24%) Unix
Processes & Methodologies
1 6 (20.69%) Electronic Trading
1 6 (20.69%) Problem-Solving
1 6 (20.69%) Risk Management
1 6 (20.69%) Stakeholder Management
2 5 (17.24%) Agile
2 5 (17.24%) Data Modelling
2 5 (17.24%) Regtech
2 5 (17.24%) UML
3 4 (13.79%) Artificial Intelligence
3 4 (13.79%) Collaborative Culture
3 4 (13.79%) Computer Science
3 4 (13.79%) Data Governance
3 4 (13.79%) Data Lineage
3 4 (13.79%) Decision-Making
3 4 (13.79%) Machine Learning
4 3 (10.34%) Project Management
5 2 (6.90%) Budget Management
5 2 (6.90%) Business Analysis
5 2 (6.90%) Project Delivery
6 1 (3.45%) Requirements Workshops
Programming Languages
1 18 (62.07%) SQL
2 5 (17.24%) C#
2 5 (17.24%) Java
2 5 (17.24%) PL/SQL
Qualifications
1 9 (31.03%) Degree
2 4 (13.79%) Master's Degree
2 4 (13.79%) PhD
Quality Assurance & Compliance
1 24 (82.76%) MiFID
2 21 (72.41%) EMIR
3 5 (17.24%) QA
4 2 (6.90%) Basel III
4 2 (6.90%) IFRS
5 1 (3.45%) CRD IV
Vendors
1 6 (20.69%) Bloomberg
1 6 (20.69%) ION Trading
1 6 (20.69%) MarketAxess
1 6 (20.69%) Tradeweb
2 5 (17.24%) Oracle
3 1 (3.45%) SAP