Basel II Contracts

Basel II
UK

The table below provides summary statistics for contract job vacancies requiring Basel II skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Basel II 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 583 682 847
Rank change year-on-year +99 +165 -120
Contract jobs citing Basel II 1 15 1
As % of all contract jobs advertised in the UK 0.002% 0.027% 0.001%
As % of the Quality Assurance & Compliance category 0.017% 0.20% 0.009%
Number of daily rates quoted 1 4 0
10th Percentile - - -
25th Percentile £625 £363 -
Median daily rate (50th Percentile) £650 £625 -
Median % change year-on-year +4.00% - -
75th Percentile £675 £888 -
90th Percentile - - -
UK excluding London median daily rate - £375 -

All Quality Assurance and Compliance Skills
UK

Basel II 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.

Contract vacancies with a requirement for quality assurance or compliance skills 5,985 7,523 11,512
As % of all contract IT jobs advertised in the UK 13.70% 13.55% 13.21%
Number of daily rates quoted 3,738 5,138 7,947
10th Percentile £281 £298 £300
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 £645 £625
90th Percentile £750 £750 £725
UK excluding London median daily rate £475 £486 £455
% change year-on-year -2.26% +6.81% +7.06%
Number of hourly rates quoted 431 250 308
10th Percentile £11.00 £13.29 £12.31
25th Percentile £13.18 £19.07 £16.50
Median hourly rate £23.80 £37.75 £27.73
Median % change year-on-year -36.95% +36.13% +32.05%
75th Percentile £48.75 £63.62 £50.00
90th Percentile £70.00 £77.73 £68.75
UK excluding London median hourly rate £19.18 £37.50 £22.40
% change year-on-year -48.87% +67.45% +7.67%

Basel II
Job Vacancy Trend

Job postings citing Basel II as a proportion of all IT jobs advertised.

Job vacancy trend for Basel II in the UK

Basel II
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Basel II.

Daily rate trend for Basel II in the UK

Basel II
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Basel II.

Hourly rate trend for Basel II in the UK

Basel II
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Basel II 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 +72 1 £650 +4.00%
London +70 1 £650 -25.71%

Basel II
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:

Applications
1 1 (100.00%) Microsoft Excel
Database & Business Intelligence
1 1 (100.00%) Data Mining
General
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Banking Analyst
1 1 (100.00%) Business Analyst
1 1 (100.00%) Credit Analyst
1 1 (100.00%) Credit Risk Analyst
1 1 (100.00%) Credit Risk Business Analyst
1 1 (100.00%) Investment Banking Business Analyst
1 1 (100.00%) Risk Analyst
1 1 (100.00%) Risk Business Analyst
Miscellaneous
1 1 (100.00%) Credit Risk
Processes & Methodologies
1 1 (100.00%) Epics
1 1 (100.00%) GAP Analysis
1 1 (100.00%) Re-Platforming
1 1 (100.00%) User Stories
Programming Languages
1 1 (100.00%) Python
1 1 (100.00%) R
1 1 (100.00%) SQL
1 1 (100.00%) VBA
Quality Assurance & Compliance
1 1 (100.00%) Basel III