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 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
Credit Risk
Rank 95 131 85
Rank change year-on-year
+36 -46
Contract jobs citing Credit Risk 104 73 162
As % of all contract IT jobs located in the City of London 1.98% 1.26% 2.27%
As % of the Miscellaneous category 5.22% 3.48% 5.84%
Number of daily rates quoted 97 60 119
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 £425 £450 £425
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £430 £425 £475
% change year-on-year
+1.17% -10.52%
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
1992 2095 2772
As % of all contract IT jobs located in the City of London 37.87% 36.07% 38.80%
Number of daily rates quoted 1585 1483 2029
Average daily rate £475 £475 £485
Average daily rate % change year-on-year
- -2.06%
90% offered a daily rate of more than £294 £300 £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 35 46 62
Average hourly rate £17.99 £18.75 £20.00
Average hourly rate % change year-on-year
-4.05% -6.25%
90% offered a hourly rate of more than £12.67 £12.50 £14.50
10% offered a hourly rate of more than £24.23 £36.50 £48.00
UK excluding London average hourly rate £21.50 £20.00 £17.50
% change year-on-year
+7.50% +14.28%

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 4 September 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 4 September 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.

1 101 (53.72%) Banking
2 100 (53.19%) Finance
3 68 (36.17%) SQL
4 46 (24.47%) Investment Banking
5 44 (23.40%) Market Risk
5 44 (23.40%) C#
6 42 (22.34%) Agile Software Development
7 35 (18.62%) Front Office
7 35 (18.62%) Analytics
8 34 (18.09%) .NET
9 33 (17.55%) Java
10 32 (17.02%) C++
11 30 (15.96%) Python
12 29 (15.43%) SQL Server
13 24 (12.77%) Analytical Skills
14 23 (12.23%) Risk Management
15 20 (10.64%) Data Modelling
15 20 (10.64%) Derivative
16 18 (9.57%) Oracle
17 17 (9.04%) ASP.NET
17 17 (9.04%) Degree
17 17 (9.04%) Multithreading
18 16 (8.51%) Statistics
18 16 (8.51%) Subversion
18 16 (8.51%) OO
18 16 (8.51%) T-SQL
18 16 (8.51%) R
19 15 (7.98%) Windows
19 15 (7.98%) Stakeholder Management
19 15 (7.98%) Basel III

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

For the 6 months to 4 September 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 (6.38%) SAS
2 8 (4.26%) Oracle Coherence
3 2 (1.06%) Apache Spark
4 1 (0.53%) SharePoint
Applications
1 7 (3.72%) Spreadsheet
2 4 (2.13%) Maple
2 4 (2.13%) LaTeX
2 4 (2.13%) MS Project
2 4 (2.13%) MS Office
2 4 (2.13%) MS Visio
2 4 (2.13%) Mathematica
3 2 (1.06%) MS Excel
4 1 (0.53%) MS PowerPoint
Business Applications
1 10 (5.32%) Adaptiv
2 1 (0.53%) Kondor+
Cloud Services
1 1 (0.53%) Cloud Computing
Communications & Networking
1 4 (2.13%) SAN
Database & Business Intelligence
1 29 (15.43%) SQL Server
2 13 (6.91%) Big Data
3 12 (6.38%) SQL Server Integration Services
4 11 (5.85%) Hadoop
5 9 (4.79%) Data Warehouse
6 7 (3.72%) BusinessObjects
6 7 (3.72%) SQL Server Reporting Services
6 7 (3.72%) SQL Server Analysis Services
7 6 (3.19%) Relational Database
8 5 (2.66%) Base SAS
9 4 (2.13%) Oracle BI EE
9 4 (2.13%) RDBMS
9 4 (2.13%) Oracle OWB
9 4 (2.13%) OLAP
10 3 (1.60%) Impala
10 3 (1.60%) MongoDB
10 3 (1.60%) HBase
11 2 (1.06%) Apache Hive
11 2 (1.06%) Cognos Analysis Studio
11 2 (1.06%) Cognos Event Studio
Development Applications
1 16 (8.51%) Subversion
2 8 (4.26%) JIRA
3 6 (3.19%) Visual Studio
4 3 (1.60%) TeamCity
5 2 (1.06%) Atlassian Bamboo
5 2 (1.06%) SonarQube
6 1 (0.53%) SpecFlow
6 1 (0.53%) JUnit
6 1 (0.53%) jMock
General
1 101 (53.72%) Banking
2 100 (53.19%) Finance
3 46 (24.47%) Investment Banking
4 35 (18.62%) Front Office
5 8 (4.26%) Retail
6 5 (2.66%) Back Office
7 4 (2.13%) Legal
8 3 (1.60%) Telecoms
8 3 (1.60%) Wholesale Banking
8 3 (1.60%) Marketing
9 2 (1.06%) Retail Banking
10 1 (0.53%) Private Banking
10 1 (0.53%) Financial Institution
Job Titles
1 80 (42.55%) Developer
2 53 (28.19%) Analyst
3 34 (18.09%) Business Analyst
4 28 (14.89%) Credit Risk Analyst
5 20 (10.64%) Credit Risk Business Analyst
6 19 (10.11%) Risk Analyst
7 17 (9.04%) SQL Developer
8 16 (8.51%) Project Manager
9 15 (7.98%) Senior Developer
10 13 (6.91%) Credit Analyst
11 11 (5.85%) Quantitative Developer
11 11 (5.85%) C# Developer
12 10 (5.32%) Java Developer
13 9 (4.79%) Risk Manager
13 9 (4.79%) Python Developer
13 9 (4.79%) Credit Risk Project Manager
13 9 (4.79%) Data Scientist
14 8 (4.26%) Support Analyst
15 7 (3.72%) C++ Developer
15 7 (3.72%) Credit Risk Developer
Libraries, Frameworks & Software Standards
1 34 (18.09%) .NET
2 17 (9.04%) ASP.NET
3 9 (4.79%) XML
3 9 (4.79%) WPF
3 9 (4.79%) ASP.NET MVC
4 7 (3.72%) NumPy
5 6 (3.19%) SciPy
6 5 (2.66%) LINQ
6 5 (2.66%) HTML5
6 5 (2.66%) HTML
7 4 (2.13%) MDX
7 4 (2.13%) Middleware
8 3 (1.60%) JMS
8 3 (1.60%) Spring
8 3 (1.60%) WCF
9 1 (0.53%) WF
9 1 (0.53%) .NET Framework
9 1 (0.53%) Spring MVC
9 1 (0.53%) FpML
9 1 (0.53%) JDBC
Miscellaneous
1 44 (23.40%) Market Risk
2 24 (12.77%) Analytical Skills
3 20 (10.64%) Derivative
4 16 (8.51%) Statistics
5 14 (7.45%) Grid Computing
6 10 (5.32%) Mathematics
7 6 (3.19%) Physics
7 6 (3.19%) Credit Derivative
8 5 (2.66%) Foreign Exchange (FX)
9 3 (1.60%) Graphic Design
10 2 (1.06%) Management Information System
10 2 (1.06%) Replication
10 2 (1.06%) Equities
10 2 (1.06%) Data Structures
10 2 (1.06%) Reference Data
10 2 (1.06%) Data Extraction
11 1 (0.53%) User Experience
11 1 (0.53%) PMI
11 1 (0.53%) Fixed Income
11 1 (0.53%) Contract for Difference
Operating Systems
1 15 (7.98%) Windows
2 12 (6.38%) UNIX
3 9 (4.79%) Linux
4 1 (0.53%) AIX
Processes & Methodologies
1 42 (22.34%) Agile Software Development
2 35 (18.62%) Analytics
3 23 (12.23%) Risk Management
4 20 (10.64%) Data Modelling
5 17 (9.04%) Multithreading
6 16 (8.51%) OO
7 15 (7.98%) Stakeholder Management
8 14 (7.45%) Business Analysis
9 13 (6.91%) Stress Testing
9 13 (6.91%) Project Management
10 12 (6.38%) Data Analysis
11 11 (5.85%) TDD
12 10 (5.32%) MVC
12 10 (5.32%) Monte Carlo Method
13 8 (4.26%) Greeks
13 8 (4.26%) ETL
13 8 (4.26%) Validation
13 8 (4.26%) Scrum
14 7 (3.72%) Statistical Modelling
14 7 (3.72%) Change Control
Programming Languages
1 68 (36.17%) SQL
2 44 (23.40%) C#
3 33 (17.55%) Java
4 32 (17.02%) C++
5 30 (15.96%) Python
6 16 (8.51%) T-SQL
6 16 (8.51%) R
7 11 (5.85%) Perl
8 10 (5.32%) VBA
9 4 (2.13%) Ruby
9 4 (2.13%) PowerShell
9 4 (2.13%) Scala
9 4 (2.13%) PL/SQL
9 4 (2.13%) Shell Script
10 3 (1.60%) VB
11 2 (1.06%) MATLAB
11 2 (1.06%) VB6
Qualifications
1 17 (9.04%) Degree
2 8 (4.26%) PhD
3 2 (1.06%) PMI Certification
4 1 (0.53%) PRINCE2 Certification
4 1 (0.53%) PMP
4 1 (0.53%) APMP
Quality Assurance & Compliance
1 15 (7.98%) Basel III
2 4 (2.13%) Data Quality
3 3 (1.60%) QA
3 3 (1.60%) SLA
4 1 (0.53%) Basel II
4 1 (0.53%) IAS 39
4 1 (0.53%) Solvency II
4 1 (0.53%) Dodd-Frank
System Software
1 5 (2.66%) Active Directory
2 3 (1.60%) HDFS
3 2 (1.06%) Apache Flume
Systems Management
1 2 (1.06%) HP Quality Center
1 2 (1.06%) Oozie
Vendors
1 18 (9.57%) Oracle
2 9 (4.79%) SunGard
3 8 (4.26%) Cloudera
4 4 (2.13%) Red Gate
4 4 (2.13%) Citrix
4 4 (2.13%) Perforce
4 4 (2.13%) Microsoft
5 2 (1.06%) Cognos
5 2 (1.06%) Teradata
5 2 (1.06%) Actian
6 1 (0.53%) DataSynapse
6 1 (0.53%) Pega
6 1 (0.53%) SAP
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