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 29 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
29 May 2024
Same period 2023 Same period 2022
Rank 695 751 762
Rank change year-on-year +56 +11 +34
Permanent jobs citing Credit Risk 219 210 541
As % of all permanent jobs advertised in the UK 0.21% 0.22% 0.32%
As % of the Miscellaneous category 0.62% 0.50% 0.67%
Number of salaries quoted 56 118 208
10th Percentile £38,750 £37,879 £40,000
25th Percentile £41,138 £41,250 £57,500
Median annual salary (50th Percentile) £56,750 £55,043 £78,002
Median % change year-on-year +3.10% -29.43% -29.09%
75th Percentile £100,625 £70,000 £100,000
90th Percentile £130,000 £80,625 £132,500
UK excluding London median annual salary £45,000 £50,139 £60,915
% change year-on-year -10.25% -17.69% +17.14%

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 35,507 41,619 80,468
As % of all permanent jobs advertised in the UK 34.38% 42.84% 48.30%
Number of salaries quoted 23,113 22,631 34,154
10th Percentile £28,000 £35,750 £34,500
25th Percentile £38,084 £46,350 £45,607
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 29 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 29 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 +50 172 £45,000 -10.25% 29
England +16 144 £60,000 +9.01% 94
Scotland -2 71 £43,200 +1.12% 1
London +51 43 £90,000 +50.00% 64
Work from Home +25 40 £43,200 -21.29% 120
North of England +5 37 £44,100 -12.04% 13
South West -12 26 - - 2
Midlands +1 21 £45,500 +44.44% 5
South East - 17 - - 6
Yorkshire +41 13 £51,528 +2.77% 7
North East +8 12 £42,500 -50.00%
North West 0 12 £45,000 -11.45% 6
East Midlands -19 10 - - 2
West Midlands +6 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 80 (36.53%) SAS
2 3 (1.37%) Apache
2 3 (1.37%) Apache Spark
3 2 (0.91%) GlassFish
3 2 (0.91%) JCAPS
3 2 (0.91%) WebLogic
3 2 (0.91%) WebSphere
3 2 (0.91%) WebSphere Application Server
4 1 (0.46%) Apache Airflow
Applications
1 12 (5.48%) Microsoft Office
2 11 (5.02%) Microsoft Excel
3 7 (3.20%) Microsoft PowerPoint
Business Applications
1 2 (0.91%) Adaptiv
Cloud Services
1 9 (4.11%) Power Platform
2 6 (2.74%) AWS
3 4 (1.83%) Amazon EC2
3 4 (1.83%) Amazon EKS
3 4 (1.83%) Amazon S3
3 4 (1.83%) AWS Lambda
3 4 (1.83%) SaaS
3 4 (1.83%) Serverless
4 3 (1.37%) Figma
5 2 (0.91%) Azure
5 2 (0.91%) GCP
5 2 (0.91%) Snowflake
6 1 (0.46%) dbt
6 1 (0.46%) Fivetran
6 1 (0.46%) Vertex AI
6 1 (0.46%) WhatsApp
Communications & Networking
1 2 (0.91%) FTP
Database & Business Intelligence
1 9 (4.11%) Power BI
2 8 (3.65%) Big Data
3 6 (2.74%) Tableau
4 5 (2.28%) Data Warehouse
5 4 (1.83%) Metadata
5 4 (1.83%) Relational Database
6 2 (0.91%) Data Mining
6 2 (0.91%) Elasticsearch
6 2 (0.91%) SQL Server
7 1 (0.46%) Amazon Redshift
7 1 (0.46%) Base SAS
7 1 (0.46%) Data Mart
7 1 (0.46%) Data Vault
7 1 (0.46%) RDBMS
7 1 (0.46%) SAS EBI
Development Applications
1 8 (3.65%) Maven
2 5 (2.28%) Git
3 4 (1.83%) Bitbucket
3 4 (1.83%) JIRA
3 4 (1.83%) Sourcetree
4 2 (0.91%) Ant
4 2 (0.91%) JUnit
4 2 (0.91%) Subversion
5 1 (0.46%) Postman
General
1 182 (83.11%) Finance
2 92 (42.01%) Banking
3 86 (39.27%) Social Skills
4 81 (36.99%) Analytical Skills
5 74 (33.79%) Legal
6 72 (32.88%) Inclusion and Diversity
6 72 (32.88%) Law
7 61 (27.85%) Marketing
8 40 (18.26%) Publishing
9 20 (9.13%) Investment Banking
10 17 (7.76%) Front Office
11 14 (6.39%) Retail
12 8 (3.65%) Presentation Skills
13 7 (3.20%) Retail Finance
14 5 (2.28%) Telecoms
15 2 (0.91%) Back Office
15 2 (0.91%) Financial Institution
15 2 (0.91%) International Banking
15 2 (0.91%) Wholesale Banking
16 1 (0.46%) Organisational Skills
Job Titles
1 75 (34.25%) Senior
2 45 (20.55%) Analyst
3 40 (18.26%) Senior Data Warehouse Specialist
4 29 (13.24%) Architect
5 28 (12.79%) Java Architect
5 28 (12.79%) Principal Architect
6 27 (12.33%) Credit Analyst
6 27 (12.33%) Credit Risk Analyst
6 27 (12.33%) Risk Analyst
7 26 (11.87%) Software Engineer
8 18 (8.22%) Data Scientist
8 18 (8.22%) Senior Analyst
9 14 (6.39%) Java Engineer
9 14 (6.39%) Java Software Engineer
9 14 (6.39%) Senior Credit Risk Analyst
9 14 (6.39%) Senior Risk Analyst
10 13 (5.94%) Lead
11 12 (5.48%) Project Manager
12 10 (4.57%) Senior Manager
13 8 (3.65%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 8 (3.65%) Spring
2 7 (3.20%) React
3 6 (2.74%) Spring Boot
4 4 (1.83%) CSS
4 4 (1.83%) HTML
4 4 (1.83%) lodash
4 4 (1.83%) Node.js
4 4 (1.83%) SVG
4 4 (1.83%) Tidyverse
5 2 (0.91%) .NET
5 2 (0.91%) DOM
5 2 (0.91%) J2EE
5 2 (0.91%) Java EE
5 2 (0.91%) JDBC
5 2 (0.91%) JMS
5 2 (0.91%) Kafka
5 2 (0.91%) Middleware
5 2 (0.91%) SAX
5 2 (0.91%) WebSphere MQ
5 2 (0.91%) XML
Miscellaneous
1 33 (15.07%) Product Ownership
2 30 (13.70%) Cloud Native
3 15 (6.85%) Algorithms
4 14 (6.39%) Derivative
5 12 (5.48%) Market Risk
6 10 (4.57%) Foreign Exchange (FX)
7 8 (3.65%) Management Information System
7 8 (3.65%) Onboarding
7 8 (3.65%) Self-Motivation
8 7 (3.20%) Credit Derivative
9 6 (2.74%) Public Cloud
10 2 (0.91%) Enterprise Software
11 1 (0.46%) Analytical Mindset
11 1 (0.46%) Blockchain
11 1 (0.46%) Client/Server
Operating Systems
1 4 (1.83%) Linux
Processes & Methodologies
1 97 (44.29%) Risk Management
2 73 (33.33%) Analytics
3 65 (29.68%) Decision-Making
4 57 (26.03%) Data Analysis
5 54 (24.66%) Software Engineering
6 51 (23.29%) Operational Stability
7 50 (22.83%) Stress Testing
8 47 (21.46%) Economics
9 42 (19.18%) Agile
9 42 (19.18%) Machine Learning
10 40 (18.26%) Benchmarking
10 40 (18.26%) Budget Responsibility
11 33 (15.07%) Artificial Intelligence
12 32 (14.61%) Credit Risk Management
12 32 (14.61%) Data Science
12 32 (14.61%) Problem-Solving
13 30 (13.70%) Scrum
14 29 (13.24%) Data Architecture
15 28 (12.79%) Architecture Governance
16 27 (12.33%) Customer Service
Programming Languages
1 70 (31.96%) Python
2 50 (22.83%) Java
3 42 (19.18%) SQL
4 21 (9.59%) R
5 7 (3.20%) JavaScript
5 7 (3.20%) TypeScript
6 2 (0.91%) Shell Script
6 2 (0.91%) XPath
7 1 (0.46%) C++
7 1 (0.46%) MATLAB
Qualifications
1 42 (19.18%) Degree
2 4 (1.83%) Computer Science Degree
2 4 (1.83%) Numerate Degree
3 3 (1.37%) Master's Degree
3 3 (1.37%) PhD
4 1 (0.46%) DBS Check
Quality Assurance & Compliance
1 59 (26.94%) IFRS
2 50 (22.83%) IFRS 9
3 5 (2.28%) Data Quality
4 4 (1.83%) QA
5 3 (1.37%) CRD IV
6 2 (0.91%) Actionable Recommendations
6 2 (0.91%) COREP
6 2 (0.91%) FINREP
7 1 (0.46%) Accessibility
7 1 (0.46%) Basel III
System Software
1 4 (1.83%) Docker
Systems Management
1 6 (2.74%) Kubernetes
2 2 (0.91%) Control-M
3 1 (0.46%) Terraform
Vendors
1 24 (10.96%) Microsoft
2 9 (4.11%) Oracle
3 8 (3.65%) Apttus
4 7 (3.20%) Alteryx
5 6 (2.74%) Pega
5 6 (2.74%) UiPath
6 1 (0.46%) Databricks
6 1 (0.46%) Google
6 1 (0.46%) MicroStrategy
6 1 (0.46%) Twitter