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 1 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
1 May 2015
Same period 2014 Same period 2013
Credit Risk
Rank 137 111 96
Rank change year-on-year
-26 -15
Contract jobs citing Credit Risk 64 93 128
As % of all contract IT jobs located in the City of London 1.17% 1.49% 2.00%
As % of the Miscellaneous category 3.25% 3.94% 5.32%
Number of daily rates quoted 54 66 83
Average daily rate
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of your Daily Rate
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£575 £588 £525
Average daily rate % change year-on-year
-2.12% +11.90%
90% offered a daily rate of more than £441 £463 £375
10% offered a daily rate of more than £650 £713 £575
UK excluding London average daily rate £450 £425 £433
% change year-on-year
+5.88% -1.73%
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
1967 2362 2405
As % of all contract IT jobs located in the City of London 35.90% 37.75% 37.66%
Number of daily rates quoted 1500 1785 1797
Average daily rate £475 £475 £475
90% offered a daily rate of more than £275 £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 30 34 53
Average hourly rate £19.35 £22.00 £22.00
Average hourly rate % change year-on-year
-12.04% -
90% offered a hourly rate of more than £14.38 £11.80 £16.00
10% offered a hourly rate of more than £73.25 £45.98 £135.00
UK excluding London average hourly rate £20.00 £22.50 £21.50
% change year-on-year
-11.11% +4.65%

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 1 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 1 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 54 (52.94%) Finance
2 52 (50.98%) Banking
3 38 (37.25%) SQL
4 36 (35.29%) Investment Banking
5 28 (27.45%) Market Risk
6 22 (21.57%) Risk Management
7 20 (19.61%) Analytical Skills
8 18 (17.65%) Data Analysis
8 18 (17.65%) Monte Carlo Method
9 17 (16.67%) Agile Software Development
10 16 (15.69%) Data Modelling
11 15 (14.71%) Stress Testing
12 14 (13.73%) Analytics
12 14 (13.73%) SAS
13 13 (12.75%) C++
13 13 (12.75%) Big Data
13 13 (12.75%) Hadoop
14 12 (11.76%) Statistics
14 12 (11.76%) Basel III
15 11 (10.78%) Regression Testing
15 11 (10.78%) Stakeholder Management
15 11 (10.78%) Business Analysis
15 11 (10.78%) Degree
16 10 (9.80%) Python
17 9 (8.82%) Front Office
17 9 (8.82%) Mathematics
17 9 (8.82%) R
18 8 (7.84%) Mentoring
18 8 (7.84%) Test Automation
18 8 (7.84%) Java

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

For the 6 months to 1 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 14 (13.73%) SAS
2 2 (1.96%) Oracle Coherence
Applications
1 5 (4.90%) MS Office
1 5 (4.90%) MS Excel
2 3 (2.94%) MS Visio
3 2 (1.96%) MS Project
4 1 (0.98%) MS PowerPoint
4 1 (0.98%) Spreadsheet
Business Applications
1 2 (1.96%) Adaptiv
2 1 (0.98%) Summit
Cloud Services
1 1 (0.98%) Cloud Computing
Database & Business Intelligence
1 13 (12.75%) Big Data
1 13 (12.75%) Hadoop
2 8 (7.84%) SQL Server
3 7 (6.86%) Data Warehouse
3 7 (6.86%) Relational Database
4 3 (2.94%) RDBMS
4 3 (2.94%) SQL Server Integration Services
4 3 (2.94%) SQL Server Analysis Services
5 2 (1.96%) Impala
5 2 (1.96%) SAS Data Integration Studio
5 2 (1.96%) Apache Hive
5 2 (1.96%) QlikView
5 2 (1.96%) Base SAS
5 2 (1.96%) Microsoft Analysis Services
5 2 (1.96%) SQL Server Reporting Services
5 2 (1.96%) OLAP
5 2 (1.96%) MS Access
6 1 (0.98%) Data Mining
6 1 (0.98%) NoSQL
Development Applications
1 1 (0.98%) Visual Studio
1 1 (0.98%) JIRA
1 1 (0.98%) Subversion
General
1 54 (52.94%) Finance
2 52 (50.98%) Banking
3 36 (35.29%) Investment Banking
4 9 (8.82%) Front Office
5 4 (3.92%) Retail
6 3 (2.94%) Legal
6 3 (2.94%) Wholesale Banking
7 2 (1.96%) Marketing
7 2 (1.96%) Corporate Banking
7 2 (1.96%) Telecoms
8 1 (0.98%) Back Office
8 1 (0.98%) Advertising
8 1 (0.98%) Retail Banking
8 1 (0.98%) Private Banking
Job Titles
1 43 (42.16%) Analyst
2 28 (27.45%) Business Analyst
3 24 (23.53%) Developer
4 21 (20.59%) Credit Risk Analyst
5 13 (12.75%) Project Manager
5 13 (12.75%) Risk Analyst
6 12 (11.76%) Credit Risk Business Analyst
7 10 (9.80%) Credit Analyst
8 7 (6.86%) Senior Analyst
8 7 (6.86%) Risk Manager
8 7 (6.86%) Credit Risk Project Manager
8 7 (6.86%) Data Scientist
9 6 (5.88%) IT Business Analyst
9 6 (5.88%) Senior Developer
10 5 (4.90%) Market Risk Analyst
10 5 (4.90%) Data Analyst
10 5 (4.90%) Data Modeller
11 4 (3.92%) Banking Business Analyst
11 4 (3.92%) SAS Developer
11 4 (3.92%) Test Analyst
Libraries, Frameworks & Software Standards
1 6 (5.88%) .NET
2 3 (2.94%) HTML
2 3 (2.94%) HTML5
3 2 (1.96%) ASP.NET
4 1 (0.98%) STL
4 1 (0.98%) XML
4 1 (0.98%) FpML
4 1 (0.98%) MDX
4 1 (0.98%) .NET Framework
4 1 (0.98%) jQuery
4 1 (0.98%) WCF
4 1 (0.98%) WF
4 1 (0.98%) AppFabric
4 1 (0.98%) NumPy
Miscellaneous
1 28 (27.45%) Market Risk
2 20 (19.61%) Analytical Skills
3 12 (11.76%) Statistics
4 9 (8.82%) Mathematics
5 6 (5.88%) Computer Science
5 6 (5.88%) Derivative
6 4 (3.92%) Foreign Exchange (FX)
7 3 (2.94%) Grid Computing
8 2 (1.96%) Graphic Design
8 2 (1.96%) Fixed Income
8 2 (1.96%) Credit Derivative
9 1 (0.98%) Mainframe
9 1 (0.98%) Equities
9 1 (0.98%) Management Information System
9 1 (0.98%) Contract for Difference
9 1 (0.98%) Equity Derivative
9 1 (0.98%) User Experience
9 1 (0.98%) Data Structures
Operating Systems
1 4 (3.92%) UNIX
2 3 (2.94%) Windows
3 2 (1.96%) Linux
4 1 (0.98%) AIX
Processes & Methodologies
1 22 (21.57%) Risk Management
2 18 (17.65%) Data Analysis
2 18 (17.65%) Monte Carlo Method
3 17 (16.67%) Agile Software Development
4 16 (15.69%) Data Modelling
5 15 (14.71%) Stress Testing
6 14 (13.73%) Analytics
7 11 (10.78%) Regression Testing
7 11 (10.78%) Stakeholder Management
7 11 (10.78%) Business Analysis
8 8 (7.84%) Mentoring
8 8 (7.84%) Test Automation
8 8 (7.84%) Project Management
9 7 (6.86%) OO
9 7 (6.86%) Multithreading
10 6 (5.88%) Software Delivery
11 5 (4.90%) Business Intelligence
11 5 (4.90%) Test Scripting
11 5 (4.90%) Machine Learning
12 4 (3.92%) Risk Analytics
Programming Languages
1 38 (37.25%) SQL
2 13 (12.75%) C++
3 10 (9.80%) Python
4 9 (8.82%) R
5 8 (7.84%) Java
6 7 (6.86%) C#
7 6 (5.88%) VBA
8 3 (2.94%) C
9 2 (1.96%) JavaScript
10 1 (0.98%) T-SQL
10 1 (0.98%) Shell Script
10 1 (0.98%) MATLAB
10 1 (0.98%) Korn
10 1 (0.98%) Scala
Qualifications
1 11 (10.78%) Degree
2 1 (0.98%) PRINCE2 Certification
2 1 (0.98%) PMP
2 1 (0.98%) PMI Certification
2 1 (0.98%) ISTQB
2 1 (0.98%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 12 (11.76%) Basel III
2 3 (2.94%) QA
2 3 (2.94%) Dodd-Frank
3 1 (0.98%) Basel II
3 1 (0.98%) FATCA
System Software
1 2 (1.96%) HDFS
1 2 (1.96%) Apache Flume
Systems Management
1 2 (1.96%) Oozie
2 1 (0.98%) Control-M
2 1 (0.98%) HP Quality Center
Vendors
1 7 (6.86%) Cloudera
2 5 (4.90%) Teradata
3 2 (1.96%) DataSynapse
3 2 (1.96%) Microsoft
3 2 (1.96%) SunGard
3 2 (1.96%) Oracle
3 2 (1.96%) Sybase
4 1 (0.98%) Business Objects
4 1 (0.98%) Misys
City, London
TEKsystems
Rate: £500 - £550 per day
Posted: 2 days ago
City of London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £450 - £475 per day
Posted: 11 days ago
City of London
Orgtel
Rate: £400 - £500 per day
Posted: 11 days ago
City of London
The People Network
Rate: £450 - £550 per day
Posted: 20 days ago
City of London
The People Network
Rate: £450 - £500 per day
Posted: 20 days ago
City of London
Real Staffing
Rate: £300 - £400 per day + competitive
Posted: 24 days ago