The table below looks at the prevalence of the term Credit Risk in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Risk over the 3 months to 30 January 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
30 Jan 2015
Same period 2014 Same period 2013
Credit Risk
Rank 18 30 22
Rank change year-on-year
+12 -8
Contract jobs citing Credit Risk 4 1 20
As % of all contract IT jobs located in Canary Wharf 4.17% 0.56% 6.08%
As % of the Miscellaneous category 8.00% 1.00% 13.79%
Number of daily rates quoted 4 1 12
Average daily rate
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of your Daily Rate
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£575 £520 £563
Average daily rate % change year-on-year
+10.57% -7.55%
90% offered a daily rate of more than £550 £520 £475
10% offered a daily rate of more than £600 £520 £575
UK excluding London average daily rate £450 £400 £405
% change year-on-year
+12.50% -1.23%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Credit Risk
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Canary Wharf region.

Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
50 100 145
As % of all contract IT jobs located in Canary Wharf 52.08% 55.87% 44.07%
Number of daily rates quoted 43 78 84
Average daily rate £450 £550 £550
Average daily rate % change year-on-year
-18.18% -
90% offered a daily rate of more than £220 £435 £400
10% offered a daily rate of more than £725 £1,000 £600
UK excluding London average daily rate £370 £350 £338
% change year-on-year
+5.71% +3.70%
Number of hourly rates quoted 0 2 0
Average hourly rate - £30.00 -
UK excluding London average hourly rate £18.00 £17.50 £20.00
% change year-on-year
+2.85% -12.50%

Credit Risk
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Credit Risk across the Canary Wharf region as a proportion of the total demand within the Miscellaneous category.

Credit Risk Jobs Demand Trend in Canary Wharf

Credit Risk
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Risk across the Canary Wharf region.

Credit Risk Daily Rate Trend in Canary Wharf

Credit Risk
Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Risk across the Canary Wharf region.

Credit Risk Hourly Rate Trend in Canary Wharf

Credit Risk
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 30 January 2015, IT contractor jobs across the Canary Wharf region citing Credit Risk also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Risk.

1 3 (50.00%) Finance
1 3 (50.00%) SQL
1 3 (50.00%) QlikView
2 2 (33.33%) Market Risk
2 2 (33.33%) Degree
2 2 (33.33%) Business Intelligence
2 2 (33.33%) Foreign Exchange (FX)
2 2 (33.33%) .NET
2 2 (33.33%) Derivative
2 2 (33.33%) Equities
3 1 (16.67%) Agile Software Development
3 1 (16.67%) TDD
3 1 (16.67%) Data Management
3 1 (16.67%) Credit Derivative
3 1 (16.67%) Business Analysis
3 1 (16.67%) MS PowerPoint
3 1 (16.67%) SQL Server Integration Services
3 1 (16.67%) Risk Management
3 1 (16.67%) Workflow
3 1 (16.67%) CFA
3 1 (16.67%) Replication
3 1 (16.67%) Fixed Income
3 1 (16.67%) OLAP
3 1 (16.67%) OO
3 1 (16.67%) Postgraduate
3 1 (16.67%) MS Excel
3 1 (16.67%) JMS
3 1 (16.67%) MS Visio
3 1 (16.67%) Data Modelling
3 1 (16.67%) RDBMS

Credit Risk
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 30 January 2015, IT contractor jobs across the Canary Wharf region citing Credit Risk also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Risk. Up to 20 skills are shown per category.

Application Platforms
1 1 (16.67%) Apache Spark
Applications
1 1 (16.67%) MS PowerPoint
1 1 (16.67%) MS Excel
1 1 (16.67%) MS Visio
Database & Business Intelligence
1 3 (50.00%) QlikView
2 1 (16.67%) SQL Server Integration Services
2 1 (16.67%) OLAP
2 1 (16.67%) RDBMS
2 1 (16.67%) BusinessObjects XI
2 1 (16.67%) SQL Server Analysis Services
2 1 (16.67%) Hadoop
2 1 (16.67%) Apache Hive
2 1 (16.67%) HBase
2 1 (16.67%) Big Data
2 1 (16.67%) Relational Database
2 1 (16.67%) Impala
General
1 3 (50.00%) Finance
Job Titles
1 4 (66.67%) Developer
2 2 (33.33%) QlikView Developer
2 2 (33.33%) Business Analyst
2 2 (33.33%) Analyst
3 1 (16.67%) Java Developer
3 1 (16.67%) Credit Risk Business Analyst
3 1 (16.67%) VBA Developer
3 1 (16.67%) Business Project Manager
3 1 (16.67%) Business Manager
3 1 (16.67%) Excel Developer
3 1 (16.67%) Excel VBA Developer
3 1 (16.67%) Project Manager
3 1 (16.67%) Credit Risk Analyst
3 1 (16.67%) Credit Risk Project Manager
Libraries, Frameworks & Software Standards
1 2 (33.33%) .NET
2 1 (16.67%) JMS
2 1 (16.67%) HTML
2 1 (16.67%) WPF
2 1 (16.67%) HTML5
2 1 (16.67%) REST
2 1 (16.67%) Akka
2 1 (16.67%) Play Framework
Miscellaneous
1 2 (33.33%) Market Risk
1 2 (33.33%) Foreign Exchange (FX)
1 2 (33.33%) Derivative
1 2 (33.33%) Equities
2 1 (16.67%) Credit Derivative
2 1 (16.67%) Replication
2 1 (16.67%) Fixed Income
Processes & Methodologies
1 2 (33.33%) Business Intelligence
2 1 (16.67%) Agile Software Development
2 1 (16.67%) TDD
2 1 (16.67%) Data Management
2 1 (16.67%) Business Analysis
2 1 (16.67%) Risk Management
2 1 (16.67%) Workflow
2 1 (16.67%) OO
2 1 (16.67%) Data Modelling
2 1 (16.67%) Functional Programming
2 1 (16.67%) Logical Data Model
2 1 (16.67%) User Acceptance Testing
2 1 (16.67%) Multithreading
2 1 (16.67%) Data Architecture
2 1 (16.67%) Greeks
2 1 (16.67%) Test Automation
2 1 (16.67%) BDD
2 1 (16.67%) Parallel Processing
2 1 (16.67%) Analytics
Programming Languages
1 3 (50.00%) SQL
2 1 (16.67%) VBA
2 1 (16.67%) C#
2 1 (16.67%) Java
2 1 (16.67%) Scala
Qualifications
1 2 (33.33%) Degree
2 1 (16.67%) CFA
2 1 (16.67%) Postgraduate
Quality Assurance & Compliance
1 1 (16.67%) Basel III
1 1 (16.67%) Dodd-Frank
System Software
1 1 (16.67%) Apache Flume