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 3 July 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
3 Jul 2015
Same period 2014 Same period 2013
Credit Risk
Rank 105 114 87
Rank change year-on-year
+9 -27
Contract jobs citing Credit Risk 104 80 139
As % of all contract IT jobs located in the City of London 1.78% 1.39% 2.00%
As % of the Miscellaneous category 4.77% 3.71% 5.28%
Number of daily rates quoted 96 62 105
Average daily rate
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£575 £550 £550
Average daily rate % change year-on-year
+4.54% -
90% offered a daily rate of more than £445 £475 £435
10% offered a daily rate of more than £650 £625 £600
UK excluding London average daily rate £450 £400 £438
% change year-on-year
+12.50% -8.57%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
2182 2157 2632
As % of all contract IT jobs located in the City of London 37.40% 37.47% 37.94%
Number of daily rates quoted 1739 1604 1979
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £275 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 39 28 63
Average hourly rate £21.00 £20.44 £22.25
Average hourly rate % change year-on-year
+2.75% -8.14%
90% offered a hourly rate of more than £14.50 £12.65 £15.50
10% offered a hourly rate of more than £55.70 £29.75 £53.75
UK excluding London average hourly rate £19.00 £22.50 £20.50
% change year-on-year
-15.55% +9.75%

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 3 July 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 3 July 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 83 (53.21%) Finance
2 82 (52.56%) Banking
3 55 (35.26%) SQL
4 44 (28.21%) Investment Banking
5 39 (25.00%) Market Risk
6 31 (19.87%) Front Office
6 31 (19.87%) Agile Software Development
7 28 (17.95%) Risk Management
7 28 (17.95%) Analytics
8 24 (15.38%) Java
8 24 (15.38%) Analytical Skills
9 22 (14.10%) C++
10 20 (12.82%) C#
10 20 (12.82%) Monte Carlo Method
11 19 (12.18%) Python
12 17 (10.90%) Data Modelling
12 17 (10.90%) Stress Testing
12 17 (10.90%) Basel III
13 15 (9.62%) Multithreading
13 15 (9.62%) Derivative
13 15 (9.62%) Business Analysis
14 14 (8.97%) Stakeholder Management
14 14 (8.97%) Oracle
15 13 (8.33%) .NET
16 12 (7.69%) Regression Testing
16 12 (7.69%) OO
16 12 (7.69%) Data Analysis
17 11 (7.05%) Hadoop
17 11 (7.05%) Big Data
17 11 (7.05%) Data Warehouse

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

For the 6 months to 3 July 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 10 (6.41%) SAS
2 8 (5.13%) Oracle Coherence
Applications
1 5 (3.21%) MS Office
1 5 (3.21%) MS Visio
1 5 (3.21%) Spreadsheet
2 4 (2.56%) MS Project
2 4 (2.56%) MS Excel
3 2 (1.28%) Mathematica
3 2 (1.28%) MS PowerPoint
3 2 (1.28%) Maple
3 2 (1.28%) LaTeX
Business Applications
1 8 (5.13%) Adaptiv
Database & Business Intelligence
1 11 (7.05%) Data Warehouse
1 11 (7.05%) Hadoop
1 11 (7.05%) Big Data
2 10 (6.41%) SQL Server
3 7 (4.49%) Relational Database
4 5 (3.21%) RDBMS
5 3 (1.92%) Base SAS
5 3 (1.92%) OLAP
6 2 (1.28%) MS Access
6 2 (1.28%) Oracle OWB
6 2 (1.28%) Microsoft Analysis Services
6 2 (1.28%) SQL Server Reporting Services
6 2 (1.28%) SQL Server Integration Services
6 2 (1.28%) Oracle BI EE
6 2 (1.28%) Apache Hive
6 2 (1.28%) BusinessObjects Web Intelligence
6 2 (1.28%) SQL Server Analysis Services
6 2 (1.28%) Impala
6 2 (1.28%) SAS Data Integration Studio
7 1 (0.64%) Oracle Database
Development Applications
1 8 (5.13%) Subversion
2 3 (1.92%) JIRA
3 2 (1.28%) Visual Studio
4 1 (0.64%) JUnit
4 1 (0.64%) jMock
4 1 (0.64%) TeamCity
General
1 83 (53.21%) Finance
2 82 (52.56%) Banking
3 44 (28.21%) Investment Banking
4 31 (19.87%) Front Office
5 8 (5.13%) Retail
6 4 (2.56%) Marketing
6 4 (2.56%) Back Office
6 4 (2.56%) Legal
7 3 (1.92%) Telecoms
7 3 (1.92%) Wholesale Banking
7 3 (1.92%) Retail Banking
8 1 (0.64%) Corporate Banking
8 1 (0.64%) Private Banking
8 1 (0.64%) Advertising
Job Titles
1 56 (35.90%) Analyst
2 55 (35.26%) Developer
3 39 (25.00%) Business Analyst
4 33 (21.15%) Credit Risk Analyst
5 22 (14.10%) Credit Risk Business Analyst
6 18 (11.54%) Project Manager
7 16 (10.26%) Risk Analyst
8 15 (9.62%) Credit Analyst
9 13 (8.33%) Senior Developer
10 11 (7.05%) Credit Risk Project Manager
11 10 (6.41%) Risk Manager
12 8 (5.13%) Java Developer
13 7 (4.49%) C# Developer
13 7 (4.49%) Senior Analyst
13 7 (4.49%) Python Developer
13 7 (4.49%) SQL Developer
14 6 (3.85%) IT Business Analyst
14 6 (3.85%) Data Scientist
15 5 (3.21%) Credit Risk Developer
15 5 (3.21%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 13 (8.33%) .NET
2 7 (4.49%) WPF
3 5 (3.21%) NumPy
3 5 (3.21%) XML
4 4 (2.56%) SciPy
5 3 (1.92%) HTML
5 3 (1.92%) HTML5
5 3 (1.92%) ASP.NET
6 2 (1.28%) MDX
7 1 (0.64%) Spring MVC
7 1 (0.64%) WCF
7 1 (0.64%) JDBC
7 1 (0.64%) STL
7 1 (0.64%) J2EE
7 1 (0.64%) JMS
7 1 (0.64%) FpML
7 1 (0.64%) Spring
Miscellaneous
1 39 (25.00%) Market Risk
2 24 (15.38%) Analytical Skills
3 15 (9.62%) Derivative
4 11 (7.05%) Grid Computing
5 9 (5.77%) Statistics
6 5 (3.21%) Mathematics
7 3 (1.92%) Graphic Design
7 3 (1.92%) Credit Derivative
7 3 (1.92%) Foreign Exchange (FX)
8 2 (1.28%) Management Information System
8 2 (1.28%) Fixed Income
8 2 (1.28%) Physics
8 2 (1.28%) Reference Data
9 1 (0.64%) User Experience
9 1 (0.64%) Data Structures
9 1 (0.64%) Computer Science
9 1 (0.64%) Contract for Difference
9 1 (0.64%) Mainframe
9 1 (0.64%) Equity Derivative
Operating Systems
1 9 (5.77%) UNIX
1 9 (5.77%) Windows
2 7 (4.49%) Linux
3 1 (0.64%) AIX
Processes & Methodologies
1 31 (19.87%) Agile Software Development
2 28 (17.95%) Risk Management
2 28 (17.95%) Analytics
3 20 (12.82%) Monte Carlo Method
4 17 (10.90%) Stress Testing
4 17 (10.90%) Data Modelling
5 15 (9.62%) Business Analysis
5 15 (9.62%) Multithreading
6 14 (8.97%) Stakeholder Management
7 12 (7.69%) Data Analysis
7 12 (7.69%) OO
7 12 (7.69%) Regression Testing
8 9 (5.77%) Project Management
9 7 (4.49%) Greeks
10 6 (3.85%) Test Automation
10 6 (3.85%) Machine Learning
10 6 (3.85%) Risk Analytics
10 6 (3.85%) Business Intelligence
10 6 (3.85%) Mentoring
10 6 (3.85%) Software Delivery
Programming Languages
1 55 (35.26%) SQL
2 24 (15.38%) Java
3 22 (14.10%) C++
4 20 (12.82%) C#
5 19 (12.18%) Python
6 9 (5.77%) VBA
6 9 (5.77%) R
7 6 (3.85%) Perl
8 5 (3.21%) Shell Script
9 4 (2.56%) PL/SQL
10 3 (1.92%) T-SQL
10 3 (1.92%) C
11 2 (1.28%) Ruby
11 2 (1.28%) Scala
12 1 (0.64%) Korn
12 1 (0.64%) JavaScript
12 1 (0.64%) VB
Qualifications
1 9 (5.77%) Degree
2 2 (1.28%) PhD
3 1 (0.64%) PRINCE2 Certification
3 1 (0.64%) PMP
3 1 (0.64%) PMI Certification
Quality Assurance & Compliance
1 17 (10.90%) Basel III
2 4 (2.56%) Data Quality
3 3 (1.92%) QA
4 2 (1.28%) Dodd-Frank
5 1 (0.64%) Basel II
System Software
1 2 (1.28%) Apache Flume
1 2 (1.28%) HDFS
Systems Management
1 2 (1.28%) Oozie
2 1 (0.64%) Control-M
2 1 (0.64%) HP Quality Center
Vendors
1 14 (8.97%) Oracle
2 7 (4.49%) SunGard
3 6 (3.85%) Cloudera
4 4 (2.56%) Microsoft
4 4 (2.56%) Teradata
5 3 (1.92%) Business Objects
6 2 (1.28%) Sybase
6 2 (1.28%) DataSynapse
7 1 (0.64%) Pega
7 1 (0.64%) SAP
City of London
Orgtel
Rate: £450 - £485 per day
Posted: 2 days ago
City, London
Bridge Noble
Rate: £400 - £425 per day
Posted: 3 days ago
City of London
Templeton and Partners - SAP & UK Account
Rate: £400 - 450 per day
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 5 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 5 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £670 per day
Posted: 6 days ago
City of London
Huxley Banking & Financial Services
Rate: £440 per day + competitive
Posted: 16 days ago
City of London
Hays IT - Uk Posting account
Rate: £400.00 - £500.00 per day
Posted: 17 days ago
City of London
Real Staffing
Rate: competitive
Posted: 19 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 per day
Posted: 25 days ago