IFRS 9 Contracts in the UK excluding London

IFRS 9 Financial Instruments
UK > UK excluding London

The table below provides summary statistics for contract job vacancies advertised in the UK excluding London 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 392 424 498
Rank change year-on-year +32 +74 -52
Contract jobs citing IFRS 9 9 6 6
As % of all contract jobs advertised in the UK excluding London 0.042% 0.026% 0.020%
As % of the Quality Assurance & Compliance category 0.30% 0.18% 0.14%
Number of daily rates quoted 8 0 5
10th Percentile £386 - -
25th Percentile £519 - £550
Median daily rate (50th Percentile) £588 - £613
Median % change year-on-year - - +27.60%
75th Percentile £600 - £619
90th Percentile - - -
UK median daily rate £600 £594 £613
% change year-on-year +1.05% -3.06% -2.00%

All Quality Assurance and Compliance Skills
UK excluding London

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 the UK excluding London.

Contract vacancies with a requirement for quality assurance or compliance skills 2,989 3,358 4,421
As % of all contract IT jobs advertised in the UK excluding London 14.02% 14.80% 14.55%
Number of daily rates quoted 1,712 2,194 3,095
10th Percentile £250 £225 £206
25th Percentile £363 £363 £345
Median daily rate (50th Percentile) £475 £486 £455
Median % change year-on-year -2.26% +6.81% +7.06%
75th Percentile £581 £588 £575
90th Percentile £675 £680 £650
UK median daily rate £510 £525 £515
% change year-on-year -2.86% +1.94% +8.42%
Number of hourly rates quoted 356 198 198
10th Percentile £10.95 £13.16 £11.50
25th Percentile £12.72 £18.02 £15.13
Median hourly rate £19.18 £37.50 £22.40
Median % change year-on-year -48.87% +67.45% +7.67%
75th Percentile £48.75 £64.69 £48.71
90th Percentile £70.00 £78.18 £68.75
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 the UK excluding London

Job postings citing IFRS 9 as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for IFRS 9 in the UK excluding London

IFRS 9
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing IFRS 9 in the UK excluding London.

Daily rate trend for IFRS 9 in the UK excluding London

IFRS 9
Daily Rate Histogram in the UK excluding London

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

Daily rate histogram for IFRS 9 in the UK excluding London

IFRS 9
Contract Job Locations in the UK excluding London

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 excluding London 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
Scotland - 1 £415 - 1
IFRS 9
UK

IFRS 9
Co-occurring Skills and Capabilities in the UK excluding London 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 6 (66.67%) SAS
Cloud Services
1 1 (11.11%) Power Platform
Database & Business Intelligence
1 1 (11.11%) Power BI
General
1 5 (55.56%) Finance
2 3 (33.33%) Retail
3 2 (22.22%) Analytical Skills
4 1 (11.11%) Banking
4 1 (11.11%) Corporate Banking
4 1 (11.11%) Social Skills
Job Titles
1 3 (33.33%) Data Modeller
2 2 (22.22%) Analyst
2 2 (22.22%) Credit Risk Modeller
2 2 (22.22%) Developer
2 2 (22.22%) SAS Developer
2 2 (22.22%) SAS Modeller
3 1 (11.11%) Business Analyst
3 1 (11.11%) Credit Risk Developer
3 1 (11.11%) Credit Risk Manager
3 1 (11.11%) Data Analyst
3 1 (11.11%) Report Analyst
3 1 (11.11%) Risk Manager
Miscellaneous
1 8 (88.89%) Credit Risk
Processes & Methodologies
1 7 (77.78%) Analytics
1 7 (77.78%) Stress Testing
2 5 (55.56%) Data Modelling
2 5 (55.56%) Portfolio Management
3 3 (33.33%) Internal Audit
3 3 (33.33%) Validation
4 1 (11.11%) Agile
4 1 (11.11%) Analytical Thinking
4 1 (11.11%) Business Analysis
4 1 (11.11%) Business Analytics
4 1 (11.11%) Change Management
4 1 (11.11%) Credit Risk Management
4 1 (11.11%) Credit Risk Modelling
4 1 (11.11%) Logistic Regression
4 1 (11.11%) Project Management
4 1 (11.11%) Regulatory Change
4 1 (11.11%) Regulatory Compliance
Programming Languages
1 3 (33.33%) SQL
Quality Assurance & Compliance
1 9 (100.00%) IFRS
2 1 (11.11%) Basel III
2 1 (11.11%) COREP
2 1 (11.11%) FINREP