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 contractor rates offered in IT contracts that have cited Credit Risk over the 3 months to 25 August 2016 with a comparison to the same period over 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.

3 months to
25 Aug 2016
Same period 2015 Same period 2014
Credit Risk
Rank 141 97 128
Rank change year-on-year
-44 +31
Contract jobs citing Credit Risk 30 118 77
As % of all contract IT jobs located in the City of London 0.85% 2.14% 1.31%
As % of the Miscellaneous category 2.13% 5.50% 3.50%
Number of daily rates quoted 26 110 63
Median daily rate £580 £550 £550
Median daily rate % change year-on-year
+5.45% -
90% offered a daily rate of more than £417 £425 £465
10% offered a daily rate of more than £725 £650 £629
UK excluding London median daily rate £413 £430 £413
% change year-on-year
-4.06% +4.24%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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 City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1411 2144 2199
As % of all contract IT jobs located in the City of London 40.14% 38.90% 37.33%
Number of daily rates quoted 1116 1694 1553
Median daily rate £475 £475 £475
90% offered a daily rate of more than £313 £290 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £376 £375 £350
% change year-on-year
+0.13% +7.14%
Number of hourly rates quoted 12 38 48
Median hourly rate £16.10 £19.00 £18.50
Median hourly rate % change year-on-year
-15.26% +2.70%
90% offered a hourly rate of more than £12.50 £12.52 £12.50
10% offered a hourly rate of more than £39.79 £39.05 £35.55
UK excluding London median hourly rate £22.50 £19.29 £18.75
% change year-on-year
+16.64% +2.88%

Credit Risk
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Credit Risk as a proportion of all IT contracts with a match in 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 25 August 2016.

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 25 August 2016, IT contractor jobs citing Credit Risk also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Credit Risk.

1 34 (66.67%) Banking
2 32 (62.75%) Finance
3 25 (49.02%) SQL
4 17 (33.33%) Market Risk
5 14 (27.45%) SAS
5 14 (27.45%) Investment Banking
6 12 (23.53%) Risk Management
7 9 (17.65%) Agile Software Development
8 8 (15.69%) Retail
8 8 (15.69%) Degree
8 8 (15.69%) Stakeholder Management
8 8 (15.69%) Analytical Skills
9 7 (13.73%) Basel III
10 6 (11.76%) Stress Testing
10 6 (11.76%) Mathematics
10 6 (11.76%) Statistics
10 6 (11.76%) Data Modelling
11 5 (9.80%) Management Information System
11 5 (9.80%) Unit Testing
11 5 (9.80%) User Acceptance Testing
11 5 (9.80%) Analytics
11 5 (9.80%) Base SAS
11 5 (9.80%) Credit Risk Modelling
12 4 (7.84%) User Experience
12 4 (7.84%) Logical Data Model
12 4 (7.84%) Reference Data
12 4 (7.84%) Greeks
12 4 (7.84%) Big Data
12 4 (7.84%) Relational Database
12 4 (7.84%) Economics

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 14 (27.45%) SAS
2 1 (1.96%) Apache Spark
Applications
1 4 (7.84%) MS PowerPoint
1 4 (7.84%) SPSS
2 3 (5.88%) MS Excel
3 1 (1.96%) EViews
Database & Business Intelligence
1 5 (9.80%) Base SAS
2 4 (7.84%) Big Data
2 4 (7.84%) Data Warehouse
2 4 (7.84%) Relational Database
3 3 (5.88%) Data Mining
3 3 (5.88%) SAS Data Integration Studio
4 2 (3.92%) Data Mart
4 2 (3.92%) Oracle Database
4 2 (3.92%) Oracle Database 11g
4 2 (3.92%) SAS Enterprise Guide
4 2 (3.92%) SQLPlus
4 2 (3.92%) Star Schema
5 1 (1.96%) Apache Hive
5 1 (1.96%) Hadoop
5 1 (1.96%) QlikView
5 1 (1.96%) SQL Server
Development Applications
1 2 (3.92%) JIRA
1 2 (3.92%) PowerDesigner
General
1 34 (66.67%) Banking
2 32 (62.75%) Finance
3 14 (27.45%) Investment Banking
4 8 (15.69%) Retail
5 4 (7.84%) Front Office
6 3 (5.88%) Retail Banking
7 2 (3.92%) Legal
8 1 (1.96%) Advertising
8 1 (1.96%) Corporate Banking
8 1 (1.96%) Marketing
Job Titles
1 23 (45.10%) Analyst
2 15 (29.41%) Developer
2 15 (29.41%) Risk Analyst
3 12 (23.53%) Business Analyst
3 12 (23.53%) Credit Analyst
3 12 (23.53%) Credit Risk Analyst
4 8 (15.69%) Risk Business Analyst
5 7 (13.73%) Market Risk Analyst
5 7 (13.73%) Market Risk Business Analyst
6 5 (9.80%) Credit Risk Business Analyst
6 5 (9.80%) SQL Analyst
7 4 (7.84%) Data Modeller
7 4 (7.84%) IT Business Analyst
7 4 (7.84%) SAS Analyst
7 4 (7.84%) SAS Credit Risk Analyst
7 4 (7.84%) SAS Risk Analyst
8 3 (5.88%) Banking Analyst
8 3 (5.88%) C# Developer - Investment Banking
8 3 (5.88%) Credit Risk Manager
8 3 (5.88%) IT Analyst
Libraries, Frameworks & Software Standards
1 4 (7.84%) .NET
2 1 (1.96%) HTML
2 1 (1.96%) Middleware
2 1 (1.96%) Oracle Fusion
2 1 (1.96%) Web Services
Miscellaneous
1 17 (33.33%) Market Risk
2 8 (15.69%) Analytical Skills
3 6 (11.76%) Mathematics
3 6 (11.76%) Statistics
4 5 (9.80%) Management Information System
5 4 (7.84%) Economics
5 4 (7.84%) Reference Data
5 4 (7.84%) User Experience
6 3 (5.88%) Equities
6 3 (5.88%) Fixed Income
6 3 (5.88%) Foreign Exchange (FX)
7 2 (3.92%) Physics
8 1 (1.96%) Credit Derivative
8 1 (1.96%) Data Structures
8 1 (1.96%) Derivative
Operating Systems
1 4 (7.84%) Unix
2 1 (1.96%) Solaris
Processes & Methodologies
1 12 (23.53%) Risk Management
2 9 (17.65%) Agile Software Development
3 8 (15.69%) Stakeholder Management
4 6 (11.76%) Data Modelling
4 6 (11.76%) Stress Testing
5 5 (9.80%) Analytics
5 5 (9.80%) Credit Risk Modelling
5 5 (9.80%) Unit Testing
5 5 (9.80%) User Acceptance Testing
6 4 (7.84%) Greeks
6 4 (7.84%) Logical Data Model
6 4 (7.84%) Operations Research
6 4 (7.84%) Requirements Analysis
7 3 (5.88%) Business Analysis
7 3 (5.88%) Data Analysis
7 3 (5.88%) Multithreading
7 3 (5.88%) Open Source
7 3 (5.88%) SDLC
7 3 (5.88%) TDD
7 3 (5.88%) Validation
Programming Languages
1 25 (49.02%) SQL
2 4 (7.84%) MATLAB
3 3 (5.88%) C#
3 3 (5.88%) C++
3 3 (5.88%) R
4 2 (3.92%) Java
4 2 (3.92%) PL/SQL
4 2 (3.92%) Python
5 1 (1.96%) Scala
5 1 (1.96%) VBA
Qualifications
1 8 (15.69%) Degree
2 2 (3.92%) PhD
3 1 (1.96%) CFA
3 1 (1.96%) PMP
Quality Assurance & Compliance
1 7 (13.73%) Basel III
2 1 (1.96%) Basel II
2 1 (1.96%) COREP
2 1 (1.96%) CRD IV
2 1 (1.96%) Solvency II
Vendors
1 2 (3.92%) Murex
1 2 (3.92%) Oracle
1 2 (3.92%) ServiceNow
1 2 (3.92%) Sybase
1 2 (3.92%) Teradata
2 1 (1.96%) Algorithmics
2 1 (1.96%) HP
2 1 (1.96%) Microsoft
2 1 (1.96%) Tableau