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 22 May 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
22 May 2015
Same period 2014 Same period 2013
Credit Risk
Rank 127 108 104
Rank change year-on-year
-19 -4
Contract jobs citing Credit Risk 66 97 118
As % of all contract IT jobs located in the City of London 1.22% 1.62% 1.84%
As % of the Miscellaneous category 3.44% 4.31% 4.98%
Number of daily rates quoted 56 71 79
Average daily rate
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£575 £550 £525
Average daily rate % change year-on-year
+4.54% +4.76%
90% offered a daily rate of more than £443 £450 £425
10% offered a daily rate of more than £663 £750 £575
UK excluding London average daily rate £450 £425 £425
% change year-on-year
+5.88% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £14.00 -
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
1917 2252 2370
As % of all contract IT jobs located in the City of London 35.33% 37.67% 36.86%
Number of daily rates quoted 1497 1736 1782
Average daily rate £475 £475 £475
90% offered a daily rate of more than £281 £290 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 34 21 54
Average hourly rate £21.00 £21.00 £25.00
Average hourly rate % change year-on-year
- -16.00%
90% offered a hourly rate of more than £14.00 £11.30 £15.55
10% offered a hourly rate of more than £54.00 £50.00 £135.00
UK excluding London average hourly rate £19.00 £22.50 £21.83
% change year-on-year
-15.55% +3.06%

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 22 May 2015.

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 22 May 2015, 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 61 (52.59%) Finance
2 60 (51.72%) Banking
3 44 (37.93%) SQL
4 41 (35.34%) Investment Banking
5 32 (27.59%) Market Risk
6 23 (19.83%) Risk Management
6 23 (19.83%) Analytical Skills
7 20 (17.24%) Monte Carlo Method
7 20 (17.24%) Agile Software Development
8 18 (15.52%) Data Modelling
8 18 (15.52%) Data Analysis
9 17 (14.66%) Analytics
10 15 (12.93%) Stress Testing
10 15 (12.93%) SAS
11 14 (12.07%) C++
12 13 (11.21%) Stakeholder Management
12 13 (11.21%) Big Data
12 13 (11.21%) Hadoop
13 12 (10.34%) Basel III
13 12 (10.34%) Degree
13 12 (10.34%) Statistics
13 12 (10.34%) Front Office
13 12 (10.34%) Regression Testing
14 11 (9.48%) Python
14 11 (9.48%) Business Analysis
15 10 (8.62%) C#
15 10 (8.62%) Java
15 10 (8.62%) SQL Server
16 9 (7.76%) Mathematics
16 9 (7.76%) R

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

For the 6 months to 22 May 2015, 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 15 (12.93%) SAS
2 2 (1.72%) Oracle Coherence
Applications
1 7 (6.03%) MS Excel
2 6 (5.17%) MS Office
3 4 (3.45%) MS Visio
4 3 (2.59%) MS Project
5 2 (1.72%) Spreadsheet
6 1 (0.86%) MS PowerPoint
Business Applications
1 2 (1.72%) Adaptiv
2 1 (0.86%) Summit
Database & Business Intelligence
1 13 (11.21%) Big Data
1 13 (11.21%) Hadoop
2 10 (8.62%) SQL Server
3 8 (6.90%) Data Warehouse
4 7 (6.03%) Relational Database
5 4 (3.45%) SQL Server Reporting Services
5 4 (3.45%) SQL Server Integration Services
5 4 (3.45%) SQL Server Analysis Services
6 3 (2.59%) OLAP
6 3 (2.59%) RDBMS
7 2 (1.72%) Apache Hive
7 2 (1.72%) Base SAS
7 2 (1.72%) Impala
7 2 (1.72%) SAS Data Integration Studio
7 2 (1.72%) Microsoft Analysis Services
7 2 (1.72%) MS Access
8 1 (0.86%) Data Mining
8 1 (0.86%) QlikView
8 1 (0.86%) SQL Server 2008
8 1 (0.86%) NoSQL
Development Applications
1 3 (2.59%) Subversion
2 2 (1.72%) Visual Studio
3 1 (0.86%) JIRA
3 1 (0.86%) TeamCity
General
1 61 (52.59%) Finance
2 60 (51.72%) Banking
3 41 (35.34%) Investment Banking
4 12 (10.34%) Front Office
5 5 (4.31%) Retail
6 3 (2.59%) Legal
6 3 (2.59%) Marketing
6 3 (2.59%) Wholesale Banking
7 2 (1.72%) Retail Banking
7 2 (1.72%) Corporate Banking
7 2 (1.72%) Back Office
7 2 (1.72%) Telecoms
8 1 (0.86%) Advertising
8 1 (0.86%) Private Banking
Job Titles
1 48 (41.38%) Analyst
2 31 (26.72%) Business Analyst
3 30 (25.86%) Developer
4 22 (18.97%) Credit Risk Analyst
5 15 (12.93%) Project Manager
6 14 (12.07%) Risk Analyst
7 12 (10.34%) Credit Risk Business Analyst
8 11 (9.48%) Credit Analyst
9 8 (6.90%) Credit Risk Project Manager
9 8 (6.90%) Risk Manager
9 8 (6.90%) Senior Developer
9 8 (6.90%) Senior Analyst
10 7 (6.03%) Data Scientist
11 6 (5.17%) IT Business Analyst
11 6 (5.17%) Data Analyst
12 5 (4.31%) SQL Developer
12 5 (4.31%) Data Modeller
12 5 (4.31%) Test Analyst
12 5 (4.31%) Market Risk Analyst
13 4 (3.45%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 7 (6.03%) .NET
2 3 (2.59%) HTML
2 3 (2.59%) ASP.NET
2 3 (2.59%) HTML5
3 2 (1.72%) NumPy
3 2 (1.72%) MDX
3 2 (1.72%) XML
4 1 (0.86%) STL
4 1 (0.86%) FpML
4 1 (0.86%) jQuery
4 1 (0.86%) .NET Framework
4 1 (0.86%) WPF
4 1 (0.86%) SciPy
Miscellaneous
1 32 (27.59%) Market Risk
2 23 (19.83%) Analytical Skills
3 12 (10.34%) Statistics
4 9 (7.76%) Mathematics
5 7 (6.03%) Derivative
6 6 (5.17%) Computer Science
7 4 (3.45%) Foreign Exchange (FX)
8 3 (2.59%) Grid Computing
8 3 (2.59%) Graphic Design
9 2 (1.72%) Credit Derivative
9 2 (1.72%) Fixed Income
10 1 (0.86%) Equities
10 1 (0.86%) Management Information System
10 1 (0.86%) Mainframe
10 1 (0.86%) Contract for Difference
10 1 (0.86%) Equity Derivative
10 1 (0.86%) User Experience
10 1 (0.86%) Data Structures
Operating Systems
1 5 (4.31%) UNIX
1 5 (4.31%) Windows
2 3 (2.59%) Linux
3 1 (0.86%) AIX
Processes & Methodologies
1 23 (19.83%) Risk Management
2 20 (17.24%) Monte Carlo Method
2 20 (17.24%) Agile Software Development
3 18 (15.52%) Data Modelling
3 18 (15.52%) Data Analysis
4 17 (14.66%) Analytics
5 15 (12.93%) Stress Testing
6 13 (11.21%) Stakeholder Management
7 12 (10.34%) Regression Testing
8 11 (9.48%) Business Analysis
9 8 (6.90%) Test Automation
9 8 (6.90%) Multithreading
9 8 (6.90%) Project Management
9 8 (6.90%) OO
10 7 (6.03%) Mentoring
11 6 (5.17%) Software Delivery
12 5 (4.31%) ETL
12 5 (4.31%) Test Scripting
12 5 (4.31%) Asset Management
12 5 (4.31%) Machine Learning
Programming Languages
1 44 (37.93%) SQL
2 14 (12.07%) C++
3 11 (9.48%) Python
4 10 (8.62%) C#
4 10 (8.62%) Java
5 9 (7.76%) R
6 6 (5.17%) VBA
7 4 (3.45%) T-SQL
8 3 (2.59%) C
9 2 (1.72%) Scala
9 2 (1.72%) Shell Script
9 2 (1.72%) JavaScript
10 1 (0.86%) Perl
10 1 (0.86%) PL/SQL
10 1 (0.86%) MATLAB
10 1 (0.86%) Korn
Qualifications
1 12 (10.34%) Degree
2 1 (0.86%) PRINCE2 Certification
2 1 (0.86%) PMP
2 1 (0.86%) PMI Certification
2 1 (0.86%) ISTQB
2 1 (0.86%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 12 (10.34%) Basel III
2 3 (2.59%) QA
2 3 (2.59%) Dodd-Frank
3 2 (1.72%) Data Quality
4 1 (0.86%) Basel II
4 1 (0.86%) FATCA
System Software
1 2 (1.72%) Apache Flume
1 2 (1.72%) HDFS
Systems Management
1 2 (1.72%) Oozie
2 1 (0.86%) Control-M
2 1 (0.86%) HP Quality Center
Vendors
1 7 (6.03%) Cloudera
2 5 (4.31%) Teradata
3 3 (2.59%) Oracle
4 2 (1.72%) DataSynapse
4 2 (1.72%) Microsoft
4 2 (1.72%) SunGard
4 2 (1.72%) Sybase
5 1 (0.86%) Business Objects
5 1 (0.86%) Misys
5 1 (0.86%) Pega
City of London
Huxley Banking & Financial Services
Rate: £675 - £750 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £375 - £425 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £580 - £625 per day
Posted: 4 days ago
City of London
iKonnect
Rate: £300 - £375 per day
Posted: 14 days ago
City of London
Real Staffing
Rate: competitive
Posted: 16 days ago