Credit Risk
UK

The table below looks at the prevalence of the term Credit Risk in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Credit Risk over the 6 months to 28 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
28 May 2024
Same period 2023 Same period 2022
Rank 695 742 753
Rank change year-on-year +47 +11 +33
Permanent jobs citing Credit Risk 221 210 542
As % of all permanent jobs advertised in the UK 0.22% 0.22% 0.32%
As % of the Miscellaneous category 0.62% 0.50% 0.67%
Number of salaries quoted 58 118 209
10th Percentile £38,750 £37,879 £40,000
25th Percentile £41,250 £41,250 £57,500
Median annual salary (50th Percentile) £53,264 £55,043 £77,875
Median % change year-on-year -3.23% -29.32% -29.20%
75th Percentile £99,188 £70,000 £100,000
90th Percentile £130,000 £80,625 £132,500
UK excluding London median annual salary £45,250 £50,139 £60,000
% change year-on-year -9.75% -16.44% +15.38%

All Generic Skills
UK

Credit Risk is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for generic IT skills.

Permanent vacancies with a requirement for generic IT skills 35,381 41,658 80,546
As % of all permanent jobs advertised in the UK 34.48% 42.79% 48.24%
Number of salaries quoted 23,078 22,714 34,326
10th Percentile £28,000 £35,738 £34,500
25th Percentile £38,070 £46,350 £45,625
Median annual salary (50th Percentile) £55,000 £65,000 £62,500
Median % change year-on-year -15.38% +4.00% +4.17%
75th Percentile £75,000 £86,250 £83,750
90th Percentile £97,500 £110,000 £102,500
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +5.00%

Credit Risk
Job Vacancy Trend

Job postings citing Credit Risk as a proportion of all IT jobs advertised.

Job vacancy trend for Credit Risk in the UK

Credit Risk
Salary Trend

3-month moving average salary quoted in jobs citing Credit Risk.

Salary trend for Credit Risk in the UK

Credit Risk
Salary Histogram

Salary distribution for jobs citing Credit Risk over the 6 months to 28 May 2024.

Salary histogram for Credit Risk in the UK

Credit Risk
Top 14 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Credit Risk within the UK over the 6 months to 28 May 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
UK excluding London +47 173 £45,250 -9.75% 30
England +36 145 £60,000 +9.01% 99
Scotland +5 72 £47,364 +10.87% 1
London +96 44 £90,000 +50.00% 68
Work from Home +37 42 £43,200 -21.29% 121
North of England +23 37 £44,100 -12.04% 13
South West -20 26 - - 2
Midlands +11 21 £45,500 +44.44% 6
South East - 17 - - 6
Yorkshire +43 14 £51,528 +2.77% 7
North East +4 12 £42,500 -50.00%
North West +7 11 £45,000 -11.45% 6
East Midlands -9 10 - - 3
West Midlands +16 7 £42,500 -34.62% 3

Credit Risk
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 83 (37.56%) SAS
2 3 (1.36%) Apache
2 3 (1.36%) Apache Spark
3 2 (0.90%) GlassFish
3 2 (0.90%) JCAPS
3 2 (0.90%) WebLogic
3 2 (0.90%) WebSphere
3 2 (0.90%) WebSphere Application Server
4 1 (0.45%) Apache Airflow
4 1 (0.45%) SharePoint
Applications
1 12 (5.43%) Microsoft Office
2 11 (4.98%) Microsoft Excel
3 7 (3.17%) Microsoft PowerPoint
Business Applications
1 3 (1.36%) Adaptiv
Cloud Services
1 9 (4.07%) Power Platform
2 6 (2.71%) AWS
3 5 (2.26%) GCP
4 4 (1.81%) Amazon EC2
4 4 (1.81%) Amazon EKS
4 4 (1.81%) Amazon S3
4 4 (1.81%) AWS Lambda
4 4 (1.81%) SaaS
4 4 (1.81%) Serverless
4 4 (1.81%) Vertex AI
5 3 (1.36%) Figma
6 2 (0.90%) Azure
6 2 (0.90%) Snowflake
7 1 (0.45%) dbt
7 1 (0.45%) Fivetran
7 1 (0.45%) WhatsApp
Communications & Networking
1 2 (0.90%) FTP
Database & Business Intelligence
1 9 (4.07%) Power BI
2 8 (3.62%) Big Data
3 6 (2.71%) Tableau
4 5 (2.26%) Data Warehouse
5 4 (1.81%) Metadata
5 4 (1.81%) Relational Database
6 2 (0.90%) Data Mining
6 2 (0.90%) Elasticsearch
6 2 (0.90%) SQL Server
7 1 (0.45%) Amazon Redshift
7 1 (0.45%) Base SAS
7 1 (0.45%) Data Mart
7 1 (0.45%) Data Vault
7 1 (0.45%) RDBMS
7 1 (0.45%) SAS EBI
Development Applications
1 8 (3.62%) Maven
2 5 (2.26%) Git
3 4 (1.81%) Bitbucket
3 4 (1.81%) JIRA
3 4 (1.81%) Sourcetree
4 2 (0.90%) Ant
4 2 (0.90%) JUnit
4 2 (0.90%) Subversion
5 1 (0.45%) Postman
General
1 184 (83.26%) Finance
2 96 (43.44%) Banking
3 87 (39.37%) Social Skills
4 84 (38.01%) Analytical Skills
5 74 (33.48%) Legal
6 72 (32.58%) Inclusion and Diversity
6 72 (32.58%) Law
7 61 (27.60%) Marketing
8 40 (18.10%) Publishing
9 21 (9.50%) Investment Banking
10 17 (7.69%) Retail
11 16 (7.24%) Front Office
12 8 (3.62%) Presentation Skills
13 7 (3.17%) Retail Finance
14 5 (2.26%) Telecoms
15 2 (0.90%) Back Office
15 2 (0.90%) Financial Institution
15 2 (0.90%) International Banking
15 2 (0.90%) Wholesale Banking
16 1 (0.45%) Organisational Skills
Job Titles
1 77 (34.84%) Senior
2 47 (21.27%) Analyst
3 40 (18.10%) Senior Data Warehouse Specialist
4 29 (13.12%) Architect
5 28 (12.67%) Java Architect
5 28 (12.67%) Principal Architect
6 26 (11.76%) Credit Analyst
6 26 (11.76%) Credit Risk Analyst
6 26 (11.76%) Risk Analyst
6 26 (11.76%) Software Engineer
7 20 (9.05%) Senior Analyst
8 18 (8.14%) Data Scientist
9 14 (6.33%) Java Engineer
9 14 (6.33%) Java Software Engineer
10 13 (5.88%) Lead
10 13 (5.88%) Senior Credit Risk Analyst
10 13 (5.88%) Senior Risk Analyst
11 12 (5.43%) Project Manager
12 10 (4.52%) Senior Manager
13 8 (3.62%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 8 (3.62%) Spring
2 7 (3.17%) React
3 6 (2.71%) Spring Boot
4 4 (1.81%) CSS
4 4 (1.81%) HTML
4 4 (1.81%) lodash
4 4 (1.81%) Node.js
4 4 (1.81%) SVG
4 4 (1.81%) Tidyverse
5 2 (0.90%) .NET
5 2 (0.90%) DOM
5 2 (0.90%) J2EE
5 2 (0.90%) Java EE
5 2 (0.90%) JDBC
5 2 (0.90%) JMS
5 2 (0.90%) Kafka
5 2 (0.90%) Middleware
5 2 (0.90%) SAX
5 2 (0.90%) WebSphere MQ
5 2 (0.90%) XML
Miscellaneous
1 33 (14.93%) Product Ownership
2 30 (13.57%) Cloud Native
3 15 (6.79%) Algorithms
4 14 (6.33%) Derivative
5 12 (5.43%) Market Risk
6 9 (4.07%) Foreign Exchange (FX)
7 8 (3.62%) Management Information System
7 8 (3.62%) Onboarding
7 8 (3.62%) Self-Motivation
8 7 (3.17%) Credit Derivative
9 6 (2.71%) Public Cloud
10 2 (0.90%) Enterprise Software
11 1 (0.45%) Analytical Mindset
11 1 (0.45%) Blockchain
11 1 (0.45%) Client/Server
Operating Systems
1 4 (1.81%) Linux
2 1 (0.45%) Unix
Processes & Methodologies
1 97 (43.89%) Risk Management
2 76 (34.39%) Analytics
3 68 (30.77%) Decision-Making
4 57 (25.79%) Data Analysis
5 54 (24.43%) Software Engineering
6 51 (23.08%) Operational Stability
7 50 (22.62%) Stress Testing
8 47 (21.27%) Economics
9 45 (20.36%) Agile
10 42 (19.00%) Machine Learning
11 40 (18.10%) Benchmarking
11 40 (18.10%) Budget Responsibility
12 36 (16.29%) Artificial Intelligence
13 32 (14.48%) Credit Risk Management
13 32 (14.48%) Data Science
13 32 (14.48%) Problem-Solving
14 30 (13.57%) Scrum
15 29 (13.12%) Data Architecture
16 28 (12.67%) Architecture Governance
17 27 (12.22%) Customer Service
Programming Languages
1 73 (33.03%) Python
2 50 (22.62%) Java
3 45 (20.36%) SQL
4 21 (9.50%) R
5 7 (3.17%) JavaScript
5 7 (3.17%) TypeScript
6 2 (0.90%) Shell Script
6 2 (0.90%) XPath
7 1 (0.45%) C++
7 1 (0.45%) MATLAB
Qualifications
1 42 (19.00%) Degree
2 4 (1.81%) Computer Science Degree
2 4 (1.81%) Numerate Degree
3 3 (1.36%) Master's Degree
3 3 (1.36%) PhD
4 1 (0.45%) DBS Check
Quality Assurance & Compliance
1 59 (26.70%) IFRS
2 50 (22.62%) IFRS 9
3 6 (2.71%) CRD IV
4 5 (2.26%) Data Quality
5 4 (1.81%) QA
6 2 (0.90%) Actionable Recommendations
6 2 (0.90%) COREP
6 2 (0.90%) FINREP
7 1 (0.45%) Accessibility
7 1 (0.45%) Basel III
7 1 (0.45%) SLA
System Software
1 4 (1.81%) Docker
2 1 (0.45%) Active Directory
Systems Management
1 6 (2.71%) Kubernetes
2 3 (1.36%) Control-M
3 1 (0.45%) Oracle Enterprise Manager
3 1 (0.45%) SafeCom
3 1 (0.45%) Terraform
Vendors
1 24 (10.86%) Microsoft
2 10 (4.52%) Oracle
3 8 (3.62%) Apttus
4 7 (3.17%) Alteryx
5 6 (2.71%) Pega
5 6 (2.71%) UiPath
6 4 (1.81%) Google
7 1 (0.45%) Databricks
7 1 (0.45%) MicroStrategy
7 1 (0.45%) SolarWinds
7 1 (0.45%) Twitter
7 1 (0.45%) Veritas