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 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 543 666 818
Rank change year-on-year +123 +152 -100
Contract jobs citing Dodd-Frank 32 16 20
As % of all contract jobs advertised in the UK 0.074% 0.029% 0.023%
As % of the Quality Assurance & Compliance category 0.53% 0.21% 0.17%
Number of daily rates quoted 30 11 19
10th Percentile £400 £425 £593
25th Percentile £444 £625 £644
Median daily rate (50th Percentile) £700 £750 £750
Median % change year-on-year -6.67% - +15.38%
75th Percentile £788 £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 5,992 7,585 11,578
As % of all contract IT jobs advertised in the UK 13.92% 13.53% 13.22%
Number of daily rates quoted 3,782 5,156 7,966
10th Percentile £280 £289 £300
25th Percentile £400 £413 £406
Median daily rate (50th Percentile) £510 £525 £518
Median % change year-on-year -2.86% +1.35% +9.05%
75th Percentile £625 £645 £625
90th Percentile £750 £750 £725
UK excluding London median daily rate £475 £486 £454
% change year-on-year -2.26% +7.17% +6.71%
Number of hourly rates quoted 406 244 308
10th Percentile £10.98 £13.29 £12.05
25th Percentile £13.20 £18.65 £16.25
Median hourly rate £22.42 £37.50 £28.12
Median % change year-on-year -40.21% +33.38% +33.88%
75th Percentile £47.81 £63.23 £49.44
90th Percentile £69.44 £77.50 £68.75
UK excluding London median hourly rate £18.97 £36.25 £22.00
% change year-on-year -47.67% +64.77% +6.41%

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 1 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 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
London +110 32 £700 -6.67% 3
England +102 32 £700 -6.67% 3
Work from Home +128 16 £500 -25.93% 2

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 6 (18.75%) Confluence
Applications
1 6 (18.75%) Microsoft Excel
1 6 (18.75%) Microsoft PowerPoint
1 6 (18.75%) MS Visio
Business Applications
1 6 (18.75%) ION MarketView
2 1 (3.13%) SAP CO
2 1 (3.13%) SAP FI
2 1 (3.13%) SAP FI/CO
2 1 (3.13%) SAP S/4HANA
Communications & Networking
1 7 (21.88%) FIX Connectivity
Database & Business Intelligence
1 5 (15.63%) SQL Server
Development Applications
1 6 (18.75%) JIRA
1 6 (18.75%) TeamCity
General
1 14 (43.75%) Banking
2 11 (34.38%) Front Office
2 11 (34.38%) Social Skills
3 10 (31.25%) Finance
4 8 (25.00%) Analytical Skills
5 3 (9.38%) Investment Banking
6 2 (6.25%) Financial Institution
7 1 (3.13%) General Ledger
Job Titles
1 12 (37.50%) Business Analyst
2 9 (28.13%) Developer
3 7 (21.88%) Electronic Trading Business Analyst
3 7 (21.88%) Investment Banking Business Analyst
4 6 (18.75%) FIX Business Analyst
4 6 (18.75%) Front Office Business Analyst
5 5 (15.63%) .NET Developer
5 5 (15.63%) Report Developer
6 4 (12.50%) Java Developer
6 4 (12.50%) Regulatory Business Analyst
7 3 (9.38%) Analyst
8 2 (6.25%) Project Manager
9 1 (3.13%) Consultant
9 1 (3.13%) Report Analyst
9 1 (3.13%) SAP CO Consultant
9 1 (3.13%) SAP Consultant
9 1 (3.13%) SAP FI Consultant
9 1 (3.13%) SAP FI/CO Consultant
9 1 (3.13%) Senior Consultant
9 1 (3.13%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 8 (25.00%) XML
2 7 (21.88%) FIX Protocol
3 5 (15.63%) .NET
3 5 (15.63%) ASP.NET
4 1 (3.13%) FpML
Miscellaneous
1 7 (21.88%) Derivative
2 6 (18.75%) Fixed Income
3 1 (3.13%) ASIC
3 1 (3.13%) DTCC
3 1 (3.13%) EFT
3 1 (3.13%) OTC Derivatives
3 1 (3.13%) Product Ownership
Operating Systems
1 6 (18.75%) Unix
Processes & Methodologies
1 7 (21.88%) Electronic Trading
1 7 (21.88%) Risk Management
1 7 (21.88%) Stakeholder Management
2 6 (18.75%) Data Modelling
2 6 (18.75%) Problem-Solving
2 6 (18.75%) UML
3 5 (15.63%) Agile
3 5 (15.63%) Regtech
4 4 (12.50%) Artificial Intelligence
4 4 (12.50%) Collaborative Culture
4 4 (12.50%) Computer Science
4 4 (12.50%) Data Governance
4 4 (12.50%) Data Lineage
4 4 (12.50%) Decision-Making
4 4 (12.50%) Machine Learning
5 3 (9.38%) Project Management
6 2 (6.25%) Budget Management
6 2 (6.25%) Business Analysis
6 2 (6.25%) Project Delivery
7 1 (3.13%) Requirements Workshops
Programming Languages
1 19 (59.38%) SQL
2 5 (15.63%) C#
2 5 (15.63%) Java
2 5 (15.63%) PL/SQL
Qualifications
1 10 (31.25%) Degree
2 4 (12.50%) Master's Degree
2 4 (12.50%) PhD
Quality Assurance & Compliance
1 27 (84.38%) MiFID
2 24 (75.00%) EMIR
3 6 (18.75%) QA
4 2 (6.25%) Basel III
4 2 (6.25%) IFRS
5 1 (3.13%) CRD IV
Vendors
1 7 (21.88%) Bloomberg
1 7 (21.88%) ION Trading
1 7 (21.88%) MarketAxess
1 7 (21.88%) Tradeweb
2 5 (15.63%) Oracle
3 1 (3.13%) SAP