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 22 August 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
22 Aug 2014
Same period 2013 Same period 2012
Credit Risk
Rank 18 24 31
Rank change year-on-year
+6 +7
Contract jobs citing Credit Risk 5 15 17
As % of all contract IT jobs located in Canary Wharf 4.27% 6.98% 5.01%
As % of the Miscellaneous category 11.36% 15.96% 11.26%
Number of daily rates quoted 1 15 13
Average daily rate
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£400 £650 £550
Average daily rate % change year-on-year
-38.46% +18.18%
UK excluding London average daily rate £413 £470 £400
% change year-on-year
-12.23% +17.50%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £57.50
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
44 94 151
As % of all contract IT jobs located in Canary Wharf 37.61% 43.72% 44.54%
Number of daily rates quoted 19 62 110
Average daily rate £450 £650 £550
Average daily rate % change year-on-year
-30.76% +18.18%
90% offered a daily rate of more than £294 £425 £500
10% offered a daily rate of more than £550 £700 £650
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 8 0 1
Average hourly rate £18.00 - £23.50
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

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 11 Related IT Skills in Canary Wharf

For the 6 months to 22 August 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 5 (100.00%) Market Risk
2 4 (80.00%) Stress Testing
2 4 (80.00%) Reference Data
2 4 (80.00%) Portfolio Management
2 4 (80.00%) Data Quality
2 4 (80.00%) Risk Management
3 1 (20.00%) SQL Server Integration Services
3 1 (20.00%) C#
3 1 (20.00%) SQL
3 1 (20.00%) VBA
3 1 (20.00%) .NET

Credit Risk
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 22 August 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.

Database & Business Intelligence
1 1 (20.00%) SQL Server Integration Services
Job Titles
1 1 (20.00%) VBA Developer
1 1 (20.00%) Excel Developer
1 1 (20.00%) Excel VBA Developer
1 1 (20.00%) Developer
Libraries, Frameworks & Software Standards
1 1 (20.00%) .NET
Miscellaneous
1 5 (100.00%) Market Risk
2 4 (80.00%) Reference Data
Processes & Methodologies
1 4 (80.00%) Stress Testing
1 4 (80.00%) Portfolio Management
1 4 (80.00%) Risk Management
Programming Languages
1 1 (20.00%) C#
1 1 (20.00%) SQL
1 1 (20.00%) VBA
Quality Assurance & Compliance
1 4 (80.00%) Data Quality