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 19 December 2014 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
19 Dec 2014
Same period 2013 Same period 2012
Credit Risk
Rank 18 28 32
Rank change year-on-year
+10 +4
Contract jobs citing Credit Risk 5 3 19
As % of all contract IT jobs located in Canary Wharf 4.42% 1.56% 5.18%
As % of the Miscellaneous category 7.94% 3.16% 11.24%
Number of daily rates quoted 5 3 13
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £550 £575
Average daily rate % change year-on-year
- -4.34%
90% offered a daily rate of more than £520 £526 £485
10% offered a daily rate of more than £600 £550 £595
UK excluding London average daily rate £450 £408 £410
% change year-on-year
+10.42% -0.60%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £42.50
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
63 95 169
As % of all contract IT jobs located in Canary Wharf 55.75% 49.48% 46.05%
Number of daily rates quoted 49 73 125
Average daily rate £425 £550 £550
Average daily rate % change year-on-year
-22.72% -
90% offered a daily rate of more than £220 £375 £425
10% offered a daily rate of more than £600 £1,000 £601
UK excluding London average daily rate £370 £350 £340
% change year-on-year
+5.71% +2.94%
Number of hourly rates quoted 1 0 0
Average hourly rate £27.50 - -
UK excluding London average hourly rate £17.00 £19.00 £20.00
% change year-on-year
-10.52% -5.00%

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 19 December 2014, 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 6 (60.00%) Market Risk
2 5 (50.00%) Risk Management
3 4 (40.00%) Portfolio Management
3 4 (40.00%) Data Quality
3 4 (40.00%) Stress Testing
3 4 (40.00%) Reference Data
4 3 (30.00%) QlikView
4 3 (30.00%) Finance
4 3 (30.00%) SQL
5 2 (20.00%) Business Intelligence
5 2 (20.00%) Foreign Exchange (FX)
5 2 (20.00%) .NET
5 2 (20.00%) Derivative
5 2 (20.00%) Equities
5 2 (20.00%) Degree
6 1 (10.00%) Functional Programming
6 1 (10.00%) Apache Spark
6 1 (10.00%) Logical Data Model
6 1 (10.00%) User Acceptance Testing
6 1 (10.00%) HBase
6 1 (10.00%) Big Data
6 1 (10.00%) Apache Flume
6 1 (10.00%) Analytics
6 1 (10.00%) Akka
6 1 (10.00%) Play Framework
6 1 (10.00%) Relational Database
6 1 (10.00%) Dodd-Frank
6 1 (10.00%) Impala
6 1 (10.00%) WPF
6 1 (10.00%) BusinessObjects XI

Credit Risk
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 19 December 2014, 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 (10.00%) Apache Spark
Applications
1 1 (10.00%) MS PowerPoint
1 1 (10.00%) MS Excel
1 1 (10.00%) MS Visio
Database & Business Intelligence
1 3 (30.00%) QlikView
2 1 (10.00%) HBase
2 1 (10.00%) Big Data
2 1 (10.00%) Relational Database
2 1 (10.00%) Impala
2 1 (10.00%) BusinessObjects XI
2 1 (10.00%) SQL Server Analysis Services
2 1 (10.00%) Hadoop
2 1 (10.00%) Apache Hive
2 1 (10.00%) SQL Server Integration Services
2 1 (10.00%) OLAP
2 1 (10.00%) RDBMS
General
1 3 (30.00%) Finance
Job Titles
1 4 (40.00%) Developer
2 2 (20.00%) Analyst
2 2 (20.00%) Business Analyst
2 2 (20.00%) QlikView Developer
3 1 (10.00%) Credit Risk Project Manager
3 1 (10.00%) Credit Risk Analyst
3 1 (10.00%) Java Developer
3 1 (10.00%) Credit Risk Business Analyst
3 1 (10.00%) VBA Developer
3 1 (10.00%) Business Project Manager
3 1 (10.00%) Business Manager
3 1 (10.00%) Excel Developer
3 1 (10.00%) Excel VBA Developer
3 1 (10.00%) Project Manager
Libraries, Frameworks & Software Standards
1 2 (20.00%) .NET
2 1 (10.00%) Akka
2 1 (10.00%) Play Framework
2 1 (10.00%) WPF
2 1 (10.00%) HTML5
2 1 (10.00%) REST
2 1 (10.00%) JMS
2 1 (10.00%) HTML
Miscellaneous
1 6 (60.00%) Market Risk
2 4 (40.00%) Reference Data
3 2 (20.00%) Foreign Exchange (FX)
3 2 (20.00%) Derivative
3 2 (20.00%) Equities
4 1 (10.00%) Credit Derivative
4 1 (10.00%) Replication
4 1 (10.00%) Fixed Income
Processes & Methodologies
1 5 (50.00%) Risk Management
2 4 (40.00%) Portfolio Management
2 4 (40.00%) Stress Testing
3 2 (20.00%) Business Intelligence
4 1 (10.00%) Functional Programming
4 1 (10.00%) Logical Data Model
4 1 (10.00%) User Acceptance Testing
4 1 (10.00%) Analytics
4 1 (10.00%) Multithreading
4 1 (10.00%) Data Architecture
4 1 (10.00%) Greeks
4 1 (10.00%) Test Automation
4 1 (10.00%) BDD
4 1 (10.00%) Parallel Processing
4 1 (10.00%) Agile Software Development
4 1 (10.00%) TDD
4 1 (10.00%) Data Management
4 1 (10.00%) Business Analysis
4 1 (10.00%) Workflow
4 1 (10.00%) OO
Programming Languages
1 3 (30.00%) SQL
2 1 (10.00%) Scala
2 1 (10.00%) VBA
2 1 (10.00%) C#
2 1 (10.00%) Java
Qualifications
1 2 (20.00%) Degree
2 1 (10.00%) CFA
2 1 (10.00%) Postgraduate
Quality Assurance & Compliance
1 4 (40.00%) Data Quality
2 1 (10.00%) Dodd-Frank
2 1 (10.00%) Basel III
System Software
1 1 (10.00%) Apache Flume