The table below looks at the prevalence of the term Credit Risk in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Risk over the 3 months to 17 September 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
17 Sep 2014
Same period 2013 Same period 2012
Credit Risk
Rank 136 86 57
Rank change year-on-year
-50 -29
Contract jobs citing Credit Risk 67 157 230
As % of all contract IT jobs located in the City of London 1.15% 2.20% 2.91%
As % of the Miscellaneous category 3.34% 5.83% 7.72%
Number of daily rates quoted 53 116 196
Average daily rate
Keep up to 90%
of your Daily Rate
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£550 £550 £525
Average daily rate % change year-on-year
- +4.76%
90% offered a daily rate of more than £425 £425 £413
10% offered a daily rate of more than £650 £650 £600
UK excluding London average daily rate £427 £475 £400
% change year-on-year
-10.10% +18.75%
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 City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2007 2691 2979
As % of all contract IT jobs located in the City of London 34.60% 37.63% 37.66%
Number of daily rates quoted 1445 1991 2186
Average daily rate £460 £475 £475
Average daily rate % change year-on-year
-3.15% -
90% offered a daily rate of more than £300 £300 £288
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 47 55 66
Average hourly rate £17.68 £19.50 £19.50
Average hourly rate % change year-on-year
-9.32% -
90% offered a hourly rate of more than £11.50 £14.50 £11.50
10% offered a hourly rate of more than £36.50 £48.00 £38.15
UK excluding London average hourly rate £18.53 £17.50 £27.50
% change year-on-year
+5.88% -36.36%

Credit Risk
Jobs Demand Trend in the City of London

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

Credit Risk Jobs Demand Trend in the City of London

Credit Risk
Daily Rate Trend in the City of London

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

Credit Risk Daily Rate Trend in the City of London

Credit Risk
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Risk across the City of London region over the 3 months to 17 September 2014.

Credit Risk Daily Rate Histogram in the City of London

Credit Risk
Hourly Rate Trend in the City of London

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

Credit Risk Hourly Rate Trend in the City of London

Credit Risk
Top 30 Related IT Skills in the City of London

For the 6 months to 17 September 2014, IT contractor jobs across the City of London 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.

1 105 (63.25%) Banking
2 74 (44.58%) Investment Banking
3 67 (40.36%) Finance
4 56 (33.73%) SQL
5 54 (32.53%) Market Risk
6 40 (24.10%) Front Office
7 34 (20.48%) Agile Software Development
8 33 (19.88%) Java
9 30 (18.07%) Risk Management
10 29 (17.47%) C#
10 29 (17.47%) Oracle
11 26 (15.66%) C++
12 25 (15.06%) Analytics
13 23 (13.86%) SQL Server
14 21 (12.65%) Sybase
14 21 (12.65%) .NET
15 18 (10.84%) User Acceptance Testing
15 18 (10.84%) Data Modelling
16 17 (10.24%) Multithreading
16 17 (10.24%) Spring
17 16 (9.64%) Derivative
17 16 (9.64%) Degree
17 16 (9.64%) Stakeholder Management
18 15 (9.04%) Python
18 15 (9.04%) UNIX
19 14 (8.43%) TDD
19 14 (8.43%) Business Analysis
20 13 (7.83%) Windows
20 13 (7.83%) UML
20 13 (7.83%) Project Management

Credit Risk
Top Related IT Skills in the City of London by Category

For the 6 months to 17 September 2014, IT contractor jobs across the City of London 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 9 (5.42%) SAS
2 5 (3.01%) Oracle Coherence
3 2 (1.20%) WebLogic
4 1 (0.60%) SharePoint
4 1 (0.60%) GemFire
Applications
1 6 (3.61%) MS Excel
1 6 (3.61%) MS PowerPoint
2 4 (2.41%) MS Visio
3 3 (1.81%) MS Office
4 1 (0.60%) Spreadsheet
4 1 (0.60%) MS Project
Business Applications
1 2 (1.20%) Adaptiv
2 1 (0.60%) Endur
2 1 (0.60%) Oracle BPM
Communications & Networking
1 1 (0.60%) SAN
Database & Business Intelligence
1 23 (13.86%) SQL Server
2 10 (6.02%) Oracle Database
3 7 (4.22%) SQL Server Integration Services
3 7 (4.22%) Big Data
4 6 (3.61%) Relational Database
4 6 (3.61%) RDBMS
4 6 (3.61%) Data Warehouse
5 5 (3.01%) SQL Server Analysis Services
5 5 (3.01%) Hadoop
6 4 (2.41%) Data Mining
6 4 (2.41%) Oracle Database 11g
7 3 (1.81%) SQL Server 2008
8 2 (1.20%) MongoDB
8 2 (1.20%) Hazelcast
8 2 (1.20%) MS Access
8 2 (1.20%) OLAP
8 2 (1.20%) SAS Enterprise Guide
9 1 (0.60%) SQL Server Reporting Services
9 1 (0.60%) SQL Server 2005
9 1 (0.60%) Sybase ASE
Development Applications
1 10 (6.02%) Subversion
2 8 (4.82%) JIRA
3 6 (3.61%) JUnit
4 5 (3.01%) Maven
4 5 (3.01%) jMock
5 4 (2.41%) TeamCity
5 4 (2.41%) Visual Studio
5 4 (2.41%) CruiseControl
6 3 (1.81%) Git (software)
7 2 (1.20%) Hudson
7 2 (1.20%) Jenkins
8 1 (0.60%) Atlassian Bamboo
8 1 (0.60%) ProC
General
1 105 (63.25%) Banking
2 74 (44.58%) Investment Banking
3 67 (40.36%) Finance
4 40 (24.10%) Front Office
5 10 (6.02%) Legal
6 8 (4.82%) Retail
7 7 (4.22%) Financial Institution
8 6 (3.61%) Advertising
9 5 (3.01%) Retail Banking
9 5 (3.01%) Back Office
10 1 (0.60%) Wholesale Banking
10 1 (0.60%) Corporate Banking
Job Titles
1 76 (45.78%) Analyst
2 62 (37.35%) Developer
3 57 (34.34%) Business Analyst
4 37 (22.29%) Credit Risk Analyst
5 32 (19.28%) Credit Risk Business Analyst
6 28 (16.87%) Risk Analyst
7 20 (12.05%) Java Developer
7 20 (12.05%) Credit Analyst
8 16 (9.64%) C# Developer
9 15 (9.04%) Project Manager
10 12 (7.23%) C++ Developer
10 12 (7.23%) IT Business Analyst
11 9 (5.42%) Investment Banking Business Analyst
12 8 (4.82%) Legal Analyst
12 8 (4.82%) Banking Business Analyst
13 7 (4.22%) Market Analyst
13 7 (4.22%) Credit Risk Project Manager
13 7 (4.22%) Data Analyst
14 6 (3.61%) Senior Developer
14 6 (3.61%) Risk Manager
Libraries, Frameworks & Software Standards
1 21 (12.65%) .NET
2 17 (10.24%) Spring
3 8 (4.82%) WPF
4 7 (4.22%) WCF
4 7 (4.22%) STL
5 4 (2.41%) Boost C++ Libraries
5 4 (2.41%) Apache Camel
5 4 (2.41%) HTML
5 4 (2.41%) Middleware
5 4 (2.41%) Spring MVC
6 3 (1.81%) J2EE
6 3 (1.81%) ASP.NET
6 3 (1.81%) Struts
6 3 (1.81%) JDBC
6 3 (1.81%) JMS
6 3 (1.81%) ASP.NET MVC
6 3 (1.81%) HTML5
7 2 (1.20%) SciPy
7 2 (1.20%) NumPy
7 2 (1.20%) Pandas
Miscellaneous
1 54 (32.53%) Market Risk
2 16 (9.64%) Derivative
3 12 (7.23%) Foreign Exchange (FX)
4 11 (6.63%) Fixed Income
4 11 (6.63%) Analytical Skills
5 5 (3.01%) Equities
6 4 (2.41%) Grid Computing
7 3 (1.81%) Statistics
7 3 (1.81%) Wiki
8 2 (1.20%) PMI
8 2 (1.20%) Management Information System
8 2 (1.20%) Mainframe
8 2 (1.20%) Mathematics
8 2 (1.20%) Computer Science
8 2 (1.20%) Equity Derivative
8 2 (1.20%) Data Extraction
8 2 (1.20%) Swaptions
8 2 (1.20%) Credit Derivative
9 1 (0.60%) Economics
9 1 (0.60%) Interest Rate Derivative
Operating Systems
1 15 (9.04%) UNIX
2 13 (7.83%) Windows
3 11 (6.63%) Linux
Processes & Methodologies
1 34 (20.48%) Agile Software Development
2 30 (18.07%) Risk Management
3 25 (15.06%) Analytics
4 18 (10.84%) User Acceptance Testing
4 18 (10.84%) Data Modelling
5 17 (10.24%) Multithreading
6 16 (9.64%) Stakeholder Management
7 14 (8.43%) TDD
7 14 (8.43%) Business Analysis
8 13 (7.83%) UML
8 13 (7.83%) Project Management
9 12 (7.23%) Change Control
9 12 (7.23%) OO
9 12 (7.23%) Systems Analysis
9 12 (7.23%) Continuous Integration
10 11 (6.63%) Release Management
10 11 (6.63%) Scrum
11 9 (5.42%) Data Management
11 9 (5.42%) Data Analysis
11 9 (5.42%) ETL
Programming Languages
1 56 (33.73%) SQL
2 33 (19.88%) Java
3 29 (17.47%) C#
4 26 (15.66%) C++
5 15 (9.04%) Python
6 10 (6.02%) Perl
7 7 (4.22%) VBA
8 5 (3.01%) R
9 4 (2.41%) JavaScript
9 4 (2.41%) Shell Script
10 3 (1.81%) T-SQL
10 3 (1.81%) C
11 2 (1.20%) PowerShell
11 2 (1.20%) SAS Macro
12 1 (0.60%) MATLAB
12 1 (0.60%) XAML
12 1 (0.60%) PL/SQL
12 1 (0.60%) PROC SQL
Qualifications
1 16 (9.64%) Degree
2 3 (1.81%) PMI Certification
3 1 (0.60%) CCA
3 1 (0.60%) OCP
3 1 (0.60%) Oracle Certification
3 1 (0.60%) PMP
Quality Assurance & Compliance
1 13 (7.83%) Basel III
2 5 (3.01%) Basel II
2 5 (3.01%) CRD IV
3 3 (1.81%) SLA
4 2 (1.20%) Data Quality
4 2 (1.20%) QA
System Software
1 1 (0.60%) Active Directory
Systems Management
1 4 (2.41%) HP Quality Center
2 2 (1.20%) Control-M
Vendors
1 29 (17.47%) Oracle
2 21 (12.65%) Sybase
3 6 (3.61%) Business Objects
3 6 (3.61%) Microsoft
4 4 (2.41%) Informatica
5 3 (1.81%) Cloudera
6 2 (1.20%) SunGard
6 2 (1.20%) Teradata
7 1 (0.60%) OpenLink
7 1 (0.60%) TIBCO
7 1 (0.60%) Perforce
7 1 (0.60%) JBoss
7 1 (0.60%) Citrix
7 1 (0.60%) Tableau
City of London
Reed Technology - UK Posting Account
Rate: £400 - £550 per day
Posted: 23 hours ago
City, London
TEKsystems
Rate: £450 - £500 per day
Posted: 5 days ago
City of London
Orgtel
Rate: £475 - £500 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £460 - £650 per day
Posted: 6 days ago
City of London
Churchill Frank
Rate: £450 - £500 per day
Posted: 18 days ago
City of London
Orgtel
Rate: £450 - £500 per day
Posted: 18 days ago
City of London
Huxley Associates
Rate: £300 - £350 per day
Posted: 19 days ago
City of London
Churchill Frank
Rate: £400 - £450 per day
Posted: 20 days ago
City of London
Real Staffing
Rate: £300 - £350 per day
Posted: 20 days ago
City of London
Orgtel
Rate: £550 - £650 per day
Posted: 22 days ago
City of London
Huxley Associates
Rate: £450 - £500 per day + competitive
Posted: 26 days ago
City of London
Huxley Associates
Rate: £450 - £600 per day
Posted: 27 days ago