The first 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 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the City of London region.

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
17 May 2013
Same period 2012 Same period 2011
Credit Risk
Rank 95 60 41
Rank change year-on-year
-35 -19
Contract jobs citing Credit Risk 117 215 408
As % of all contract IT jobs located in the City of London 1.859% 2.763% 4.145%
As % of the Miscellaneous category 5.876% 8.333% 10.27%
Number of daily rates quoted 79 195 324
Average daily rate £525 £500 £550
Average daily rate % change year-on-year
+5.00% -9.09%
90% offered a daily rate of more than £420 £375 £381
10% offered a daily rate of more than £575 £650 £675
UK excluding London average daily rate £425 £400 £385
% change year-on-year
+6.25% +3.89%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £51.00
All of the Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1991 2580 3971
As % of all contract IT jobs located in the City of London 31.63% 33.16% 40.35%
Number of daily rates quoted 1475 1982 3065
Average daily rate £500 £500 £550
Average daily rate % change year-on-year
- -9.09%
90% offered a daily rate of more than £311 £298 £350
10% offered a daily rate of more than £625 £650 £675
UK excluding London average daily rate £350 £342 £340
% change year-on-year
+2.41% +0.51%
Number of hourly rates quoted 52 69 51
Average hourly rate £25.00 £21.50 £21.00
Average hourly rate % change year-on-year
+16.27% +2.38%
90% offered a hourly rate of more than £15.50 £13.00 £14.50
10% offered a hourly rate of more than £135.00 £45.00 £37.50
UK excluding London average hourly rate £22.00 £24.50 £26.50
% change year-on-year
-10.20% -7.54%
Credit Risk
London

Credit Risk
Jobs Demand Trend

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.

City of London Credit Risk Jobs Demand Trend

Credit Risk
Daily Rate Trend

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.

City of London Credit Risk Daily Rate Trend

Credit Risk
Daily Rate Histogram

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 17 May 2013.

City of London Credit Risk Daily Rate Histogram

Credit Risk
Hourly Rate Trend

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.

City of London Credit Risk Hourly Rate Trend

Credit Risk
Top 30 Related IT Skills

For the 6 months to 17 May 2013, 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.

1 143 (66.20%) Banking
2 107 (49.54%) Investment Banking
3 97 (44.91%) Finance
4 89 (41.20%) SQL
5 51 (23.61%) Risk Management
6 47 (21.76%) Market Risk
7 31 (14.35%) SQL Server
8 30 (13.89%) Derivative
9 29 (13.43%) C#
9 29 (13.43%) Data Warehouse
10 28 (12.96%) Oracle
10 28 (12.96%) Project Management
11 27 (12.50%) Front Office
11 27 (12.50%) Business Analysis
12 24 (11.11%) Degree
12 24 (11.11%) Data Modelling
13 23 (10.65%) Data Analysis
14 20 (9.259%) User Acceptance Testing
15 19 (8.796%) Analytics
16 18 (8.333%) .NET
16 18 (8.333%) Basel II
17 17 (7.870%) VBA
18 16 (7.407%) Java
19 15 (6.944%) UML
19 15 (6.944%) Fixed Income
19 15 (6.944%) Change Control
19 15 (6.944%) Basel III
20 14 (6.481%) Sybase
21 13 (6.019%) SQL Server Analysis Services
22 12 (5.556%) Risk Analytics

Credit Risk
Top Related IT Skills by Category

For the 6 months to 17 May 2013, 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 Development
1 18 (8.333%) .NET
2 7 (3.241%) XML
3 6 (2.778%) MDX
4 5 (2.315%) WCF
5 4 (1.852%) WPF
5 4 (1.852%) JMS
6 3 (1.389%) Spring
6 3 (1.389%) LINQ
7 2 (0.926%) .NET Framework
7 2 (0.926%) ASP.NET
7 2 (0.926%) Hibernate
8 1 (0.463%) STL
8 1 (0.463%) Struts
8 1 (0.463%) Web Services
8 1 (0.463%) Swing
8 1 (0.463%) J2EE
8 1 (0.463%) XML Schema
8 1 (0.463%) Middleware
8 1 (0.463%) Boost C++ Libraries
8 1 (0.463%) OpenCL
Application Platforms
1 12 (5.556%) SAS
2 7 (3.241%) TIBCO EMS
3 4 (1.852%) SharePoint
4 2 (0.926%) Oracle Coherence
5 1 (0.463%) WebLogic
5 1 (0.463%) Tomcat
Applications
1 6 (2.778%) MS Visio
2 5 (2.315%) MS Excel
3 3 (1.389%) MS PowerPoint
3 3 (1.389%) MS Office
4 1 (0.463%) MS Project
Business Applications
1 3 (1.389%) Summit
1 3 (1.389%) Adaptiv
2 2 (0.926%) RMDS
3 1 (0.463%) SAP FSCM
3 1 (0.463%) Bloomberg TOMS
Communications & Networking
1 3 (1.389%) HTTP
Database & Business Intelligence
1 31 (14.35%) SQL Server
2 29 (13.43%) Data Warehouse
3 13 (6.019%) SQL Server Analysis Services
4 11 (5.093%) SQL Server Integration Services
5 9 (4.167%) SQL Server Reporting Services
5 9 (4.167%) SQL Server 2008
6 8 (3.704%) MS Access
7 7 (3.241%) Microsoft Analysis Services
8 6 (2.778%) Data Mining
9 5 (2.315%) QlikView
10 4 (1.852%) BusinessObjects XI
10 4 (1.852%) OLAP
11 2 (0.926%) OLTP
11 2 (0.926%) Oracle 10g
11 2 (0.926%) BusinessObjects
11 2 (0.926%) Sybase IQ
11 2 (0.926%) Oracle 11g
11 2 (0.926%) Base SAS
12 1 (0.463%) SAS Enterprise Guide
12 1 (0.463%) SAS Enterprise Miner
Development Applications
1 6 (2.778%) ClearCase
1 6 (2.778%) JIRA
2 5 (2.315%) QuickTest Pro
3 2 (0.926%) Hudson
3 2 (0.926%) Maven
4 1 (0.463%) Jenkins
4 1 (0.463%) ERwin
4 1 (0.463%) Subversion
4 1 (0.463%) TeamCity
4 1 (0.463%) Team Foundation Server
4 1 (0.463%) Balsamiq Mockups
4 1 (0.463%) TestDirector
4 1 (0.463%) Ant
4 1 (0.463%) JUnit
General
1 143 (66.20%) Banking
2 107 (49.54%) Investment Banking
3 97 (44.91%) Finance
4 27 (12.50%) Front Office
5 10 (4.630%) Legal
5 10 (4.630%) Financial Institution
6 8 (3.704%) Retail
7 5 (2.315%) Back Office
8 4 (1.852%) Retail Banking
9 3 (1.389%) Wholesale Banking
10 1 (0.463%) Private Banking
10 1 (0.463%) Marketing
10 1 (0.463%) Telecoms
10 1 (0.463%) Aerospace
10 1 (0.463%) Advertising
10 1 (0.463%) Games
Job Titles
1 106 (49.07%) Analyst
2 65 (30.09%) Business Analyst
3 57 (26.39%) Developer
4 51 (23.61%) Credit Risk Analyst
5 40 (18.52%) Credit Risk Business Analyst
6 28 (12.96%) Project Manager
7 26 (12.04%) Risk Analyst
8 24 (11.11%) Credit Analyst
9 19 (8.796%) Credit Risk Project Manager
10 18 (8.333%) Risk Manager
11 14 (6.481%) C# Developer
12 12 (5.556%) Data Analyst
13 11 (5.093%) Test Analyst
14 10 (4.630%) Java Developer
14 10 (4.630%) Investment Banking Business Analyst
14 10 (4.630%) IT Business Analyst
15 9 (4.167%) Strategic Project Manager
15 9 (4.167%) SQL Developer
15 9 (4.167%) Data Manager
16 7 (3.241%) Senior Analyst
Miscellaneous
1 47 (21.76%) Market Risk
2 30 (13.89%) Derivative
3 15 (6.944%) Fixed Income
4 12 (5.556%) Mathematics
5 11 (5.093%) Credit Derivative
5 11 (5.093%) Foreign Exchange (FX)
6 9 (4.167%) Economics
7 7 (3.241%) Computer Science
8 6 (2.778%) Grid Computing
9 5 (2.315%) Equities
10 4 (1.852%) Management Information System
10 4 (1.852%) Physics
11 3 (1.389%) Statistics
11 3 (1.389%) Reference Data
12 2 (0.926%) PMI
12 2 (0.926%) Interest Rate Derivative
13 1 (0.463%) Mainframe
13 1 (0.463%) Data Extraction
13 1 (0.463%) Data Integration
13 1 (0.463%) FMCG
Operating Systems
1 9 (4.167%) UNIX
2 3 (1.389%) Windows
3 2 (0.926%) Linux
4 1 (0.463%) Solaris
Processes & Methodologies
1 51 (23.61%) Risk Management
2 28 (12.96%) Project Management
3 27 (12.50%) Business Analysis
4 24 (11.11%) Data Modelling
5 23 (10.65%) Data Analysis
6 20 (9.259%) User Acceptance Testing
7 19 (8.796%) Analytics
8 15 (6.944%) Change Control
8 15 (6.944%) UML
9 12 (5.556%) Change Management
9 12 (5.556%) TDD
9 12 (5.556%) Risk Analytics
10 11 (5.093%) Monte Carlo Method
10 11 (5.093%) Project Planning
11 10 (4.630%) Release Management
11 10 (4.630%) Business Intelligence
12 9 (4.167%) Agile Software Development
12 9 (4.167%) Stakeholder Management
13 8 (3.704%) Validation
13 8 (3.704%) Use Case
Programming Languages
1 89 (41.20%) SQL
2 29 (13.43%) C#
3 17 (7.870%) VBA
4 16 (7.407%) Java
5 11 (5.093%) C++
6 5 (2.315%) Perl
7 4 (1.852%) PL/SQL
7 4 (1.852%) Python
8 2 (0.926%) T-SQL
8 2 (0.926%) C
8 2 (0.926%) R
9 1 (0.463%) Ruby
9 1 (0.463%) Korn
9 1 (0.463%) PowerShell
9 1 (0.463%) F#
Qualifications
1 24 (11.11%) Degree
2 2 (0.926%) PMI Certification
2 2 (0.926%) Postgraduate
2 2 (0.926%) ISEB
3 1 (0.463%) PRINCE2 Certification
Quality Assurance & Compliance
1 18 (8.333%) Basel II
2 15 (6.944%) Basel III
3 12 (5.556%) QA
4 2 (0.926%) Sarbanes-Oxley
5 1 (0.463%) Data Quality
System Software
1 1 (0.463%) Tivoli Workload Scheduler
Systems Management
1 5 (2.315%) HP Quality Center
2 3 (1.389%) Control-M
3 1 (0.463%) Tivoli
Vendors
1 28 (12.96%) Oracle
2 14 (6.481%) Sybase
3 10 (4.630%) Business Objects
4 7 (3.241%) Microsoft
4 7 (3.241%) TIBCO
5 4 (1.852%) SAP
5 4 (1.852%) Bloomberg
5 4 (1.852%) Teradata
6 3 (1.389%) Murex
7 2 (0.926%) Reuters
7 2 (0.926%) DataSynapse
7 2 (0.926%) HP
7 2 (0.926%) Perforce
8 1 (0.463%) Algorithmics
8 1 (0.463%) OpenLink
8 1 (0.463%) iRise
8 1 (0.463%) Casewise
8 1 (0.463%) SunGard
8 1 (0.463%) IBM
City of London
My client is looking for A Credit risk Business Analyst to come in and work along side the credit risk business to understand and refine requirements... You will...
Real Staffing
Rate: £500 - £600 per day
Posted: 15 May 2013
City of London
Senior Business Analyst required in London to work for a top financial consultancy, it will be essential to have previous experience working in an investment bank. My client...
Mint
Rate: £400 - £470 per annum
Posted: 2 May 2013
City of London
The successful candidate will be working on a number of regulatory driven projects... Key words: Credit risk, business analyst, Basel, Basel III, regulatory, regulation, monte carlo, SQL, derivatives,...
Huxley Associates
Rate: £500 - £650 per day
Posted: 15 May 2013
City of London
The Portfolio Monitoring Administrators (PMAs) are a group of associates primarily responsible for providing credit administration support to Corporate Credit Risk (CCR) Officers Job Type - Contract Responsibilities * Create...
Huxley Associates
Rate: £150 per day
Posted: 15 May 2013
City, London
A leading Investment Bank is currently looking to hire a contract C# SQL Server Developer to join an ongoing development project within the Counterparty credit risk area... In...
iKas International
Rate: £500 - £580 per day
Posted: 13 May 2013
City of London
The role focus will be around updating current methodology and reviewing implementation of the Wrong Way Risk framework for OTC Derivatives in relation to Counterparty Credit Risk.The...
Rate: Market - Please Quote
Posted: 3 May 2013
City, London
This role is for a senior developer working as part of global team responsible for developing systems used by the firm to conform to Basel III regulatory requirements...
Nicoll Curtin
Rate: £450 - £575 per day
Posted: 14 May 2013
City of London
2 x SAS Analyst Developer - Credit Risk - MortgagesMy leading retail banking client is URGENTLY looking for two experienced SAS Analyst Developer to work within Mortgage Credit Risk.The...
Rate: Market - Please Quote
Posted: 28 April 2013
City of London
Legal documents & Data is a major change initiative in the banks legal department. The Programme will improve risk management processes as they relate to the documentation and legal...
Real Staffing
Rate: £500 - £600 per day
Posted: 15 May 2013
City of London
Preferred Experience of C++ Developer: Knowledge of SQL Clearcase Experience Scripting Credit Risk Knowledge Windows Platform The role requires the C++ Developer to have worked recently with Linux.
Real Staffing
Rate: £450 - £550 per annum
Posted: 15 May 2013
City, London
We are looking for an Agile 'Scrum Master' with the following profile:- - Extensive Data Architect experience in an investment bank - Stakeholder management experience - Good communication skills - Logical and...
McGregor Boyall
Rate: Market rates
Posted: 13 May 2013
City of London
Regulatory Risk BA, Banking,London, Risk Management, £450-500 per day A leading bank is currently looking for a Regulatory Risk Business Analyst with excellent Regulatory risk management...
Orgtel
Posted: 15 May 2013
City of London
Market Risk Analyst - Collateral Haircut**Previous experience applying/calculating collateral haircuts is essential**My top tier investment banking client is currently looking to hire a number of Risk...
Rate: Market - Please Quote
Posted: 10 May 2013
City of London
Credit Risk BA, Banking,London, Risk Management, £400-450pd A leading bank is currently looking for a Credit Risk with excellent credit risk management experience and credit risk...
Orgtel
Rate: £400 - £450 per day + Bonus + Package
Posted: 15 May 2013
City of London
Rates CSA Project Manager-Collateral-Banking-Contract-London An experienced CSA (Collateral Support Annex) Project Manager is needed for a top tier investment bank in Canary Wharf for...
Real Staffing
Rate: £550 - £650 per day
Posted: 15 May 2013
City of London
My clients need for a Market Risk/Credit Risk SQL data warehouse developer is because they are looking to build out a new Risk based platform... The role...
Real Staffing
Rate: £500 - £550 per day
Posted: 15 May 2013
City, London
A global Investment Bank based in the City have an urgent requirement for a seasoned SSIS and Microsoft SQL Server developer to join a risk reporting project... Any...
Incisive Ltd
Posted: 16 May 2013
City, London
The Senior Java Developer will be working within the credit derivatives & credit risk space... Skills; - Investment Banking Background or similar working background - Exceptionable skills in Scala Is a...
Montash
Rate: £500 - £600 per day + Negotiable
Posted: 17 May 2013
City, London
Equities, FX, Fixed Income, Credit Risk, Market Risk, Dodd Frank, Regulatory, Oracle, Coherence, Geneos, Monitoring Tools... This application support team has over 200 feeds going into one core...
Aston Carter
Rate: £450 - £600 per day
Posted: 16 May 2013
City of London
Credit Risk Business Analyst, Banking, London, Banking Book, RWAs, Basel II, £500-580 A key banking client in London urgently require a strong banking book side credit risk...
Orgtel
Posted: 15 May 2013
City of London
Credit Risk Business Analyst, Banking, London, Banking Book, RWAs, Basel II, £negotiable rate A key banking client in London urgently require a strong banking book side credit risk...
Orgtel
Posted: 15 May 2013
City of London
The main job function is to work as A BA/PM as part of the IT Strategic project team on a new Document Management System project delivering the...
Real Staffing
Rate: £500 - £600 per day
Posted: 17 May 2013
City, London
HTML5 FX Web Developer- Greenfield Project My client is seeking a successful HTML5 Developer with experience within the eCommerce FX space or credit risk front or middle office...
McGregor Boyall
Rate: £600 p/d
Posted: 17 May 2013
City of London
Work with Credit Risk Projects team to ensure the IT delivery within the greater project framework... Requirements * Experience in a project management role within an investment banking /derivative...
Scope AT Ltd
Posted: 17 May 2013
City of London
Data Project Manager, London, Banking, Reference/Client Data, Transformation/Integration, £600-650 per day A key banking client in London urgently requires a Data PM to govern and...
Orgtel
Rate: £600 - £650 per day
Posted: 15 May 2013
City of London
An opportunity has arisen to work for a leading retail bank to work within a Credit risk project; they are urgently looking to recruit a Test Manager. You...
Hays Specialist Recruitment
Rate: £400.00 - £450.00 per annum
Posted: 27 April 2013
City of London
This role offers the Build Manager exceptional financial services experience working for a globally reputed financial firm. This opportunity is based in Central London, on a 6-Month...
Real Staffing
Rate: £300 - £400 per day
Posted: 15 May 2013
City of London
If you are interested in this role you must meet the following skills and experience: strong retail banking background Good Credit card experience Ratings agency experience is desirable:...
Orgtel
Posted: 15 May 2013
City of London
A global investment banking client of mine are urgently seeking a Senior Business Analyst/Project Manager to work in thier Legal IT area. The successful candidate will work...
Huxley Associates
Rate: £500 - £600 per day
Posted: 15 May 2013