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 5 August 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
5 Aug 2015
Same period 2014 Same period 2013
Credit Risk
Rank 95 117 87
Rank change year-on-year
+22 -30
Contract jobs citing Credit Risk 120 85 153
As % of all contract IT jobs located in the City of London 2.06% 1.45% 2.13%
As % of the Miscellaneous category 5.48% 3.88% 5.55%
Number of daily rates quoted 111 69 117
Average daily rate
Keep up to 90%
of your Daily Rate
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£550 £550 £550
90% offered a daily rate of more than £435 £450 £425
10% offered a daily rate of more than £650 £626 £628
UK excluding London average daily rate £450 £400 £458
% change year-on-year
+12.50% -12.56%
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
2189 2189 2755
As % of all contract IT jobs located in the City of London 37.55% 37.40% 38.29%
Number of daily rates quoted 1742 1586 2015
Average daily rate £475 £470 £480
Average daily rate % change year-on-year
+1.06% -2.08%
90% offered a daily rate of more than £300 £285 £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 37 43 71
Average hourly rate £20.00 £19.00 £22.00
Average hourly rate % change year-on-year
+5.26% -13.63%
90% offered a hourly rate of more than £13.60 £12.50 £14.50
10% offered a hourly rate of more than £39.05 £36.50 £47.80
UK excluding London average hourly rate £19.08 £21.00 £19.50
% change year-on-year
-9.14% +7.69%

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 5 August 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 5 August 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 99 (54.10%) Finance
2 94 (51.37%) Banking
3 65 (35.52%) SQL
4 45 (24.59%) Market Risk
5 44 (24.04%) Investment Banking
6 37 (20.22%) Analytics
7 36 (19.67%) C#
8 35 (19.13%) Front Office
8 35 (19.13%) Agile Software Development
9 31 (16.94%) C++
10 30 (16.39%) Java
11 28 (15.30%) .NET
12 27 (14.75%) Python
13 26 (14.21%) Risk Management
14 25 (13.66%) Analytical Skills
15 23 (12.57%) SQL Server
16 18 (9.84%) Derivative
16 18 (9.84%) Data Modelling
17 17 (9.29%) Multithreading
18 16 (8.74%) Business Analysis
18 16 (8.74%) Basel III
19 15 (8.20%) R
19 15 (8.20%) Degree
19 15 (8.20%) Stress Testing
19 15 (8.20%) OO
19 15 (8.20%) Windows
19 15 (8.20%) Oracle
19 15 (8.20%) Stakeholder Management
19 15 (8.20%) Grid Computing
20 14 (7.65%) Statistics

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

For the 6 months to 5 August 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 12 (6.56%) SAS
2 8 (4.37%) Oracle Coherence
3 1 (0.55%) Apache Spark
Applications
1 7 (3.83%) Spreadsheet
2 5 (2.73%) MS Visio
3 4 (2.19%) MS Project
3 4 (2.19%) MS Office
4 3 (1.64%) Mathematica
4 3 (1.64%) Maple
4 3 (1.64%) LaTeX
5 2 (1.09%) MS PowerPoint
5 2 (1.09%) MS Excel
Business Applications
1 11 (6.01%) Adaptiv
2 1 (0.55%) Kondor+
Cloud Services
1 1 (0.55%) Cloud Computing
Communications & Networking
1 4 (2.19%) SAN
Database & Business Intelligence
1 23 (12.57%) SQL Server
2 13 (7.10%) Big Data
3 12 (6.56%) Data Warehouse
4 11 (6.01%) Hadoop
5 9 (4.92%) Relational Database
6 8 (4.37%) SQL Server Integration Services
7 7 (3.83%) SQL Server Analysis Services
8 6 (3.28%) BusinessObjects
8 6 (3.28%) SQL Server Reporting Services
9 5 (2.73%) RDBMS
9 5 (2.73%) Base SAS
10 4 (2.19%) Oracle BI EE
10 4 (2.19%) Oracle OWB
10 4 (2.19%) OLAP
11 3 (1.64%) MongoDB
12 2 (1.09%) BusinessObjects Web Intelligence
12 2 (1.09%) HBase
12 2 (1.09%) Impala
12 2 (1.09%) Data Mining
12 2 (1.09%) Microsoft Analysis Services
Development Applications
1 14 (7.65%) Subversion
2 8 (4.37%) JIRA
3 2 (1.09%) Visual Studio
3 2 (1.09%) Atlassian Bamboo
3 2 (1.09%) TeamCity
4 1 (0.55%) JUnit
4 1 (0.55%) jMock
General
1 99 (54.10%) Finance
2 94 (51.37%) Banking
3 44 (24.04%) Investment Banking
4 35 (19.13%) Front Office
5 7 (3.83%) Retail
6 5 (2.73%) Back Office
7 4 (2.19%) Legal
8 3 (1.64%) Telecoms
8 3 (1.64%) Wholesale Banking
8 3 (1.64%) Marketing
9 2 (1.09%) Retail Banking
10 1 (0.55%) Advertising
10 1 (0.55%) Financial Institution
Job Titles
1 71 (38.80%) Developer
2 58 (31.69%) Analyst
3 38 (20.77%) Business Analyst
4 30 (16.39%) Credit Risk Analyst
5 21 (11.48%) Credit Risk Business Analyst
6 19 (10.38%) Risk Analyst
7 18 (9.84%) Project Manager
8 14 (7.65%) Senior Developer
8 14 (7.65%) Credit Analyst
9 13 (7.10%) SQL Developer
10 11 (6.01%) Credit Risk Project Manager
11 10 (5.46%) Quantitative Developer
11 10 (5.46%) Risk Manager
11 10 (5.46%) Java Developer
12 9 (4.92%) C# Developer
12 9 (4.92%) Support Analyst
12 9 (4.92%) Python Developer
12 9 (4.92%) Data Scientist
13 7 (3.83%) C++ Developer
14 6 (3.28%) Data Analyst
Libraries, Frameworks & Software Standards
1 28 (15.30%) .NET
2 12 (6.56%) ASP.NET
3 9 (4.92%) XML
3 9 (4.92%) WPF
4 7 (3.83%) ASP.NET MVC
4 7 (3.83%) NumPy
5 6 (3.28%) SciPy
6 4 (2.19%) LINQ
6 4 (2.19%) MDX
6 4 (2.19%) Middleware
7 3 (1.64%) JMS
7 3 (1.64%) Spring
7 3 (1.64%) HTML
7 3 (1.64%) WCF
7 3 (1.64%) HTML5
8 1 (0.55%) AppFabric
8 1 (0.55%) Entity Framework
8 1 (0.55%) REST
8 1 (0.55%) Akka
8 1 (0.55%) Play Framework
Miscellaneous
1 45 (24.59%) Market Risk
2 25 (13.66%) Analytical Skills
3 18 (9.84%) Derivative
4 15 (8.20%) Grid Computing
5 14 (7.65%) Statistics
6 9 (4.92%) Mathematics
7 6 (3.28%) Foreign Exchange (FX)
8 5 (2.73%) Physics
8 5 (2.73%) Credit Derivative
9 3 (1.64%) Graphic Design
10 2 (1.09%) Management Information System
10 2 (1.09%) Replication
10 2 (1.09%) Computer Science
10 2 (1.09%) Equities
10 2 (1.09%) Reference Data
10 2 (1.09%) Data Structures
11 1 (0.55%) User Experience
11 1 (0.55%) CMDB
11 1 (0.55%) Fixed Income
11 1 (0.55%) Contract for Difference
Operating Systems
1 15 (8.20%) Windows
2 13 (7.10%) UNIX
3 10 (5.46%) Linux
4 1 (0.55%) AIX
Processes & Methodologies
1 37 (20.22%) Analytics
2 35 (19.13%) Agile Software Development
3 26 (14.21%) Risk Management
4 18 (9.84%) Data Modelling
5 17 (9.29%) Multithreading
6 16 (8.74%) Business Analysis
7 15 (8.20%) Stakeholder Management
7 15 (8.20%) OO
7 15 (8.20%) Stress Testing
8 14 (7.65%) Data Analysis
9 12 (6.56%) Project Management
9 12 (6.56%) Monte Carlo Method
10 8 (4.37%) Greeks
10 8 (4.37%) MVC
11 7 (3.83%) TDD
11 7 (3.83%) Validation
11 7 (3.83%) ETL
11 7 (3.83%) Change Control
11 7 (3.83%) Machine Learning
11 7 (3.83%) Risk Analytics
Programming Languages
1 65 (35.52%) SQL
2 36 (19.67%) C#
3 31 (16.94%) C++
4 30 (16.39%) Java
5 27 (14.75%) Python
6 15 (8.20%) R
7 10 (5.46%) Perl
7 10 (5.46%) T-SQL
8 8 (4.37%) VBA
9 5 (2.73%) Shell Script
10 4 (2.19%) PowerShell
10 4 (2.19%) PL/SQL
11 3 (1.64%) Ruby
12 2 (1.09%) MATLAB
12 2 (1.09%) Scala
13 1 (0.55%) Korn
13 1 (0.55%) C
13 1 (0.55%) VB
Qualifications
1 15 (8.20%) Degree
2 7 (3.83%) PhD
3 1 (0.55%) PRINCE2 Certification
3 1 (0.55%) PMP
3 1 (0.55%) PMI Certification
3 1 (0.55%) APMP
Quality Assurance & Compliance
1 16 (8.74%) Basel III
2 4 (2.19%) Data Quality
3 3 (1.64%) QA
3 3 (1.64%) SLA
4 2 (1.09%) Basel II
5 1 (0.55%) IAS 39
5 1 (0.55%) Solvency II
5 1 (0.55%) Dodd-Frank
System Software
1 5 (2.73%) Active Directory
2 2 (1.09%) Apache Flume
2 2 (1.09%) HDFS
Systems Management
1 2 (1.09%) Oozie
2 1 (0.55%) Control-M
2 1 (0.55%) HP Quality Center
Vendors
1 15 (8.20%) Oracle
2 10 (5.46%) SunGard
3 7 (3.83%) Cloudera
4 4 (2.19%) Citrix
4 4 (2.19%) Microsoft
5 2 (1.09%) Teradata
6 1 (0.55%) DataSynapse
6 1 (0.55%) Pega
6 1 (0.55%) Actian
6 1 (0.55%) Perforce
6 1 (0.55%) Sybase
6 1 (0.55%) SAP
City, London
Hays Finance Technology
Rate: £500.00 - £700.00 per annum
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: Yesterday
City, London
Twenty Recruitment Group
Rate: From £500 to £700 per day
Posted: Yesterday
City of London
Real Staffing
Rate: competitive
Posted: 6 days ago
City, London
Networking People
Rate: £500 - £550 per day
Posted: 6 days ago
City of London
iKonnect
Rate: £575 - £650 per day
Posted: 7 days ago
City of London
Hays IT - Uk Posting account
Rate: £400.00 - £450.00 per annum
Posted: 8 days ago
City of London
Templeton and Partners - SAP & UK Account
Rate: £350 - 400 per day
Posted: 9 days ago
City of London
Real Staffing
Rate: competitive
Posted: 15 days ago
City of London
Real Staffing
Rate: competitive
Posted: 15 days ago
City of London
Hays IT - Uk Posting account
Rate: £600.00 - £650.00 per day
Posted: 22 days ago