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 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
Credit Risk
Rank 118 152 103
Rank change year-on-year
+34 -49
Contract jobs citing Credit Risk 32 40 105
As % of all contract IT jobs located in the City of London 1.02% 0.78% 1.76%
As % of the Miscellaneous category 2.53% 2.03% 4.50%
Number of daily rates quoted 27 38 91
Average daily rate £525 £550 £550
Average daily rate % change year-on-year
-4.54% -
90% offered a daily rate of more than £465 £436 £450
10% offered a daily rate of more than £660 £683 £675
UK excluding London average daily rate £450 £450 £400
% change year-on-year
- +12.50%
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
1266 1974 2331
As % of all contract IT jobs located in the City of London 40.23% 38.55% 39.18%
Number of daily rates quoted 973 1540 1690
Average daily rate £500 £450 £500
Average daily rate % change year-on-year
+11.11% -10.00%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £675 £625 £650
UK excluding London average daily rate £375 £370 £350
% change year-on-year
+1.35% +5.71%
Number of hourly rates quoted 28 31 36
Average hourly rate £19.99 £17.87 £20.00
Average hourly rate % change year-on-year
+11.89% -10.67%
90% offered a hourly rate of more than £12.90 £13.25 £17.00
10% offered a hourly rate of more than £35.60 £27.37 £42.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

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 9 February 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 9 February 2016, 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 37 (50.68%) Finance
2 35 (47.95%) Banking
3 32 (43.84%) SQL
4 21 (28.77%) Derivative
5 20 (27.40%) Agile Software Development
6 19 (26.03%) Investment Banking
7 16 (21.92%) Market Risk
8 14 (19.18%) C#
9 12 (16.44%) SQL Server
9 12 (16.44%) Business Analysis
10 11 (15.07%) Big Data
10 11 (15.07%) .NET
10 11 (15.07%) Oracle
10 11 (15.07%) ETL
10 11 (15.07%) Front Office
11 10 (13.70%) Data Warehouse
11 10 (13.70%) Stress Testing
12 9 (12.33%) Multithreading
12 9 (12.33%) SDLC
12 9 (12.33%) Python
12 9 (12.33%) C++
12 9 (12.33%) SAS
13 8 (10.96%) Data Analysis
13 8 (10.96%) Risk Management
13 8 (10.96%) Project Management
13 8 (10.96%) Data Modelling
14 7 (9.59%) Software Delivery
15 6 (8.22%) Analytics
15 6 (8.22%) Java
15 6 (8.22%) T-SQL

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

For the 6 months to 9 February 2016, 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 (12.33%) SAS
2 2 (2.74%) Oracle Coherence
2 2 (2.74%) SharePoint
3 1 (1.37%) Apache Spark
Applications
1 5 (6.85%) MS Visio
2 3 (4.11%) MS PowerPoint
3 2 (2.74%) MS Excel
3 2 (2.74%) MS Office
Communications & Networking
1 2 (2.74%) SSL
Database & Business Intelligence
1 12 (16.44%) SQL Server
2 11 (15.07%) Big Data
3 10 (13.70%) Data Warehouse
4 5 (6.85%) SAS Data Integration Studio
4 5 (6.85%) SQL Server Integration Services
5 3 (4.11%) Base SAS
5 3 (4.11%) Data Mining
5 3 (4.11%) Oracle Database
5 3 (4.11%) Relational Database
6 2 (2.74%) Cognos Analysis Studio
6 2 (2.74%) Cognos Event Studio
6 2 (2.74%) Cognos Metric Studio
6 2 (2.74%) Data Mart
6 2 (2.74%) Hadoop
7 1 (1.37%) BusinessObjects
7 1 (1.37%) DataStage
7 1 (1.37%) OLAP Cube
7 1 (1.37%) Oracle BI EE
7 1 (1.37%) Pentaho
7 1 (1.37%) RDBMS
Development Applications
1 4 (5.48%) Subversion
1 4 (5.48%) Visual Studio
2 3 (4.11%) JIRA
3 2 (2.74%) SonarQube
4 1 (1.37%) Hudson
4 1 (1.37%) JIRA Agile
4 1 (1.37%) SpecFlow
4 1 (1.37%) TeamCity
4 1 (1.37%) Toad
General
1 37 (50.68%) Finance
2 35 (47.95%) Banking
3 19 (26.03%) Investment Banking
4 11 (15.07%) Front Office
5 3 (4.11%) Retail
6 2 (2.74%) Private Banking
7 1 (1.37%) Advertising
7 1 (1.37%) Back Office
7 1 (1.37%) Financial Institution
7 1 (1.37%) Legal
7 1 (1.37%) Wholesale Banking
Job Titles
1 37 (50.68%) Developer
2 21 (28.77%) Analyst
3 18 (24.66%) Business Analyst
4 16 (21.92%) Risk Analyst
5 15 (20.55%) Risk Business Analyst
6 10 (13.70%) Credit Analyst
7 9 (12.33%) Credit Risk Analyst
7 9 (12.33%) Credit Risk Business Analyst
8 7 (9.59%) Big Data Developer
8 7 (9.59%) ETL Developer
8 7 (9.59%) Market Risk Analyst
8 7 (9.59%) Quantitative Developer
9 6 (8.22%) Market Risk Business Analyst
10 5 (6.85%) Banking Analyst
10 5 (6.85%) C# Developer
10 5 (6.85%) IT Business Analyst
10 5 (6.85%) SAS Developer
10 5 (6.85%) SQL Developer
11 4 (5.48%) C++ Developer
11 4 (5.48%) Java Developer
Libraries, Frameworks & Software Standards
1 11 (15.07%) .NET
2 6 (8.22%) ASP.NET
3 4 (5.48%) NumPy
3 4 (5.48%) Pandas
3 4 (5.48%) SciPy
3 4 (5.48%) XML
4 2 (2.74%) ASP.NET MVC
4 2 (2.74%) HTML
4 2 (2.74%) HTML5
4 2 (2.74%) JDBC
4 2 (2.74%) JMS
4 2 (2.74%) JMX
5 1 (1.37%) COM
5 1 (1.37%) CSS
5 1 (1.37%) Hibernate
5 1 (1.37%) LINQ
Miscellaneous
1 21 (28.77%) Derivative
2 16 (21.92%) Market Risk
3 5 (6.85%) Analytical Skills
3 5 (6.85%) Credit Derivative
4 3 (4.11%) Fixed Income
4 3 (4.11%) Grid Computing
5 2 (2.74%) Data Extraction
5 2 (2.74%) Reference Data
5 2 (2.74%) Statistics
6 1 (1.37%) Data Structures
6 1 (1.37%) Economics
6 1 (1.37%) PMI
6 1 (1.37%) Visualisation
Operating Systems
1 3 (4.11%) Unix
2 1 (1.37%) AIX
2 1 (1.37%) Linux
Processes & Methodologies
1 20 (27.40%) Agile Software Development
2 12 (16.44%) Business Analysis
3 11 (15.07%) ETL
4 10 (13.70%) Stress Testing
5 9 (12.33%) Multithreading
5 9 (12.33%) SDLC
6 8 (10.96%) Data Analysis
6 8 (10.96%) Data Modelling
6 8 (10.96%) Project Management
6 8 (10.96%) Risk Management
7 7 (9.59%) Software Delivery
8 6 (8.22%) Analytics
9 5 (6.85%) Scrum
9 5 (6.85%) TDD
10 4 (5.48%) Change Management
10 4 (5.48%) Greeks
10 4 (5.48%) Stakeholder Management
10 4 (5.48%) User Acceptance Testing
10 4 (5.48%) Waterfall
11 3 (4.11%) Visual Analytics
Programming Languages
1 32 (43.84%) SQL
2 14 (19.18%) C#
3 9 (12.33%) C++
3 9 (12.33%) Python
4 6 (8.22%) Java
4 6 (8.22%) T-SQL
5 4 (5.48%) C
5 4 (5.48%) VBA
6 2 (2.74%) Scala
6 2 (2.74%) Shell Script
6 2 (2.74%) VB
6 2 (2.74%) VB6
7 1 (1.37%) Korn
7 1 (1.37%) PL/SQL
7 1 (1.37%) R
Qualifications
1 5 (6.85%) Degree
2 3 (4.11%) PhD
3 1 (1.37%) ISEB
3 1 (1.37%) ISTQB
3 1 (1.37%) PMI Certification
Quality Assurance & Compliance
1 3 (4.11%) Basel III
2 1 (1.37%) Sarbanes-Oxley
System Software
1 1 (1.37%) HDFS
Systems Management
1 1 (1.37%) Control-M
1 1 (1.37%) HP Quality Center
Vendors
1 11 (15.07%) Oracle
2 4 (5.48%) Red Gate
3 3 (4.11%) Microsoft
3 3 (4.11%) Perforce
3 3 (4.11%) Sybase
4 2 (2.74%) Algorithmics
4 2 (2.74%) Cloudera
4 2 (2.74%) Cognos
4 2 (2.74%) Murex
5 1 (1.37%) Actian
5 1 (1.37%) IBM
5 1 (1.37%) Platfora
5 1 (1.37%) Tableau
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