The risk and change market continues to be driven by the shifting regulatory environment with the aim of reducing operation costs and implementing regulatory controls. Basel III requirements have recently become more technical, with a need for candidates to have stronger modelling skills. As a result, financial services companies are seeking candidates with quantitative backgrounds to fill positions, rather than the typical candidates from accounting and reporting backgrounds.Throughout Q1 of 2013, we have seen higher job volumes within mandatory projects, especially in Basel III, CRD IV with specific focus on capital management, counter party credit risk, CVA and RWA calculations. These programmes mainly focus on meeting the additional reporting and control requirements, while at the same time managing the bank’s capital management and use.The consensus of many of our clients is that business confidence remains unchanged, while the demand for project professionals will remain strong in this candidate led job market. We are expecting a further increase in opportunities in this space and candidates with in-depth liquidity and capital management knowledge, coupled with strong business analysis skills, will be in high demand.Browse our current opportunities to find your next risk projects role or see below for the latest salary data:RoleLow day rate (£)MId day rate (£)High day rate (£)Market risk BA450550 650 Credit risk BA450550650Market risk PM600700800Credit risk PM600700800Risk programme manager7509001000Role ExperienceSalaryLikely salary uplift (%)Associate (or equivalent)1-5 years 40-80k 0-3Manager/associate vice president(or equivalent) 6+ years 90-120k 0-3Senior manager/vice president(or equivalent) 10+ years 120-150k0-4Senior vice president/department head(or equivalent) 15+ years 200k+ 0-4Role2013 bonus low (%) 2013 bonus medium (%)2013 bonus high (%)Associate (or equivalent) 01020Manager/associate vice president (or equivalent) 01020Senior manager/vicepresident (or equivalent)102550Senior vice president/department head(or equivalent) 102550To speak to someone about your risk projects hiring process, please get in touch with your local banking and financial services office.Banking and financial servicesLinksAbout usSalary comparison toolJobs in ScotlandBrowse for jobsArchiveLinks2014 Salary forecasts2013 Q1 - Risk market update2013 Q1 - Change management market update2013 Q1 - Finance change programmes update2013 Q1 - Change management permanent updateSpecialists in compliance, Legal and Policy recruitment2013 – Half year updateJuly 2013 - Global market update2013 – Job hunting and social media infographic2013 banking and financial services global employment trends2012 global financial services market trends2011 investment management finance market update