IFRS 9 Contracts in England

IFRS 9 Financial Instruments
UK > England

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for IFRS 9 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS 9 over the 6 months to 1 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 539 629 766
Rank change year-on-year +90 +137 -131
Contract jobs citing IFRS 9 12 8 11
As % of all contract jobs advertised in England 0.033% 0.017% 0.016%
As % of the Quality Assurance & Compliance category 0.24% 0.12% 0.12%
Number of daily rates quoted 7 2 4
10th Percentile £493 £541 -
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 £629
90th Percentile - £662 £647
UK median daily rate £588 £594 £613
% change year-on-year -1.05% -3.06% -2.00%

All Quality Assurance and Compliance Skills
England

IFRS 9 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 advertised in England with a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 5,086 6,419 9,225
As % of all contract IT jobs advertised in England 13.78% 13.52% 13.08%
Number of daily rates quoted 3,234 4,334 6,367
10th Percentile £300 £300 £294
25th Percentile £406 £413 £408
Median daily rate (50th Percentile) £525 £525 £525
Median % change year-on-year - - +10.53%
75th Percentile £638 £650 £633
90th Percentile £750 £750 £738
UK median daily rate £510 £525 £518
% change year-on-year -2.86% +1.35% +9.05%
Number of hourly rates quoted 367 223 265
10th Percentile £10.95 £15.04 £12.31
25th Percentile £13.18 £20.25 £16.25
Median hourly rate £23.80 £42.50 £27.50
Median % change year-on-year -44.00% +54.55% +33.92%
75th Percentile £48.75 £64.38 £49.25
90th Percentile £70.00 £79.95 £69.52
UK median hourly rate £22.42 £37.50 £28.12
% change year-on-year -40.21% +33.38% +33.88%

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 1 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 1 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 +92 3 - - 17
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 (58.33%) SAS
Applications
1 1 (8.33%) Microsoft Excel
1 1 (8.33%) Spreadsheet
Cloud Services
1 1 (8.33%) Power Platform
Database & Business Intelligence
1 1 (8.33%) Power BI
General
1 7 (58.33%) Finance
2 4 (33.33%) Retail
3 2 (16.67%) Analytical Skills
3 2 (16.67%) Banking
4 1 (8.33%) Corporate Banking
4 1 (8.33%) General Ledger
4 1 (8.33%) Inclusion and Diversity
Job Titles
1 3 (25.00%) Analyst
1 3 (25.00%) Data Modeller
1 3 (25.00%) Developer
2 2 (16.67%) Credit Risk Modeller
2 2 (16.67%) Report Analyst
2 2 (16.67%) SAS Developer
2 2 (16.67%) SAS Modeller
3 1 (8.33%) Credit Risk Developer
3 1 (8.33%) Credit Risk Manager
3 1 (8.33%) Data Analyst
3 1 (8.33%) Financial Analyst
3 1 (8.33%) Functional Analyst
3 1 (8.33%) Quantitative Developer
3 1 (8.33%) Risk Manager
3 1 (8.33%) Senior
3 1 (8.33%) Senior Analyst
3 1 (8.33%) Senior Financial Analyst
Miscellaneous
1 9 (75.00%) Credit Risk
2 1 (8.33%) Derivative
2 1 (8.33%) Equities
Processes & Methodologies
1 8 (66.67%) Stress Testing
2 7 (58.33%) Analytics
3 6 (50.00%) Data Modelling
4 5 (41.67%) Portfolio Management
4 5 (41.67%) Validation
5 3 (25.00%) Internal Audit
6 2 (16.67%) Credit Risk Modelling
6 2 (16.67%) Risk Management
7 1 (8.33%) Analytical Thinking
7 1 (8.33%) Credit Risk Management
7 1 (8.33%) Data Analysis
7 1 (8.33%) Logistic Regression
7 1 (8.33%) Model Validation
7 1 (8.33%) Monte Carlo Method
7 1 (8.33%) Quantitative Analysis
7 1 (8.33%) Regulatory Compliance
7 1 (8.33%) Scorecard
7 1 (8.33%) SDLC
7 1 (8.33%) Stakeholder Management
7 1 (8.33%) Stochastic Calculus
Programming Languages
1 4 (33.33%) SQL
2 1 (8.33%) Java
Quality Assurance & Compliance
1 12 (100.00%) IFRS
2 1 (8.33%) Basel III
2 1 (8.33%) IFRS 17
2 1 (8.33%) QA