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 2 September 2014 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
2 Sep 2014
Same period 2013 Same period 2012
Credit Risk
Rank 122 90 60
Rank change year-on-year
-32 -30
Contract jobs citing Credit Risk 74 159 233
As % of all contract IT jobs located in the City of London 1.26% 2.16% 2.99%
As % of the Miscellaneous category 4.30% 6.70% 9.21%
Number of daily rates quoted 61 117 201
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £550 £525
Average daily rate % change year-on-year
- +4.76%
90% offered a daily rate of more than £450 £425 £425
10% offered a daily rate of more than £650 £650 £601
UK excluding London average daily rate £413 £475 £400
% change year-on-year
-13.15% +18.75%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £57.50
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
1722 2374 2531
As % of all contract IT jobs located in the City of London 29.22% 32.26% 32.44%
Number of daily rates quoted 1210 1736 1900
Average daily rate £475 £500 £500
Average daily rate % change year-on-year
-5.00% -
90% offered a daily rate of more than £302 £300 £300
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 41 59 57
Average hourly rate £18.18 £19.75 £20.00
Average hourly rate % change year-on-year
-7.93% -1.25%
90% offered a hourly rate of more than £12.50 £14.75 £12.40
10% offered a hourly rate of more than £38.90 £45.25 £32.53
UK excluding London average hourly rate £19.91 £17.69 £29.00
% change year-on-year
+12.54% -39.00%

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 2 September 2014.

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 2 September 2014, 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.

1 112 (65.50%) Banking
2 80 (46.78%) Investment Banking
3 71 (41.52%) Finance
4 56 (32.75%) SQL
5 53 (30.99%) Market Risk
6 40 (23.39%) Front Office
7 37 (21.64%) Java
8 32 (18.71%) Risk Management
9 31 (18.13%) C#
10 29 (16.96%) C++
11 28 (16.37%) Oracle
12 25 (14.62%) Analytics
13 24 (14.04%) Agile Software Development
14 22 (12.87%) SQL Server
14 22 (12.87%) Sybase
14 22 (12.87%) .NET
15 21 (12.28%) User Acceptance Testing
16 20 (11.70%) Degree
16 20 (11.70%) Data Modelling
17 19 (11.11%) Python
17 19 (11.11%) Spring
18 17 (9.94%) Derivative
18 17 (9.94%) Multithreading
19 16 (9.36%) TDD
20 15 (8.77%) UNIX
20 15 (8.77%) Windows
20 15 (8.77%) UML
21 14 (8.19%) Perl
21 14 (8.19%) Fixed Income
21 14 (8.19%) Business Analysis

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

For the 6 months to 2 September 2014, 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 7 (4.09%) SAS
2 4 (2.34%) Oracle Coherence
3 2 (1.17%) WebLogic
4 1 (0.58%) SharePoint
4 1 (0.58%) GemFire
Applications
1 7 (4.09%) MS Excel
2 6 (3.51%) MS PowerPoint
3 4 (2.34%) MS Visio
4 3 (1.75%) MS Office
5 1 (0.58%) MS Project
5 1 (0.58%) Spreadsheet
Business Applications
1 2 (1.17%) Adaptiv
2 1 (0.58%) Oracle BPM
2 1 (0.58%) Endur
Communications & Networking
1 1 (0.58%) SAN
Database & Business Intelligence
1 22 (12.87%) SQL Server
2 10 (5.85%) Oracle Database
3 6 (3.51%) Relational Database
3 6 (3.51%) Big Data
3 6 (3.51%) RDBMS
3 6 (3.51%) SQL Server Integration Services
4 5 (2.92%) Oracle Database 11g
4 5 (2.92%) SQL Server Analysis Services
4 5 (2.92%) Data Warehouse
5 4 (2.34%) Hadoop
6 3 (1.75%) Data Mining
7 2 (1.17%) MS Access
7 2 (1.17%) SQL Server 2008
7 2 (1.17%) MongoDB
7 2 (1.17%) Hazelcast
8 1 (0.58%) Oracle Exadata
8 1 (0.58%) Base SAS
8 1 (0.58%) SAS Enterprise Guide
8 1 (0.58%) BusinessObjects XI
8 1 (0.58%) BusinessObjects Web Intelligence
Development Applications
1 9 (5.26%) Subversion
2 8 (4.68%) JIRA
3 7 (4.09%) Maven
4 6 (3.51%) JUnit
5 5 (2.92%) Visual Studio
5 5 (2.92%) jMock
6 4 (2.34%) TeamCity
7 3 (1.75%) Git (software)
7 3 (1.75%) CruiseControl
8 2 (1.17%) Hudson
8 2 (1.17%) Jenkins
9 1 (0.58%) ProC
9 1 (0.58%) Atlassian Bamboo
General
1 112 (65.50%) Banking
2 80 (46.78%) Investment Banking
3 71 (41.52%) Finance
4 40 (23.39%) Front Office
5 12 (7.02%) Legal
6 7 (4.09%) Retail
7 6 (3.51%) Advertising
7 6 (3.51%) Financial Institution
8 5 (2.92%) Retail Banking
8 5 (2.92%) Back Office
9 1 (0.58%) Wholesale Banking
9 1 (0.58%) Corporate Banking
Job Titles
1 77 (45.03%) Analyst
2 65 (38.01%) Developer
3 61 (35.67%) Business Analyst
4 38 (22.22%) Credit Risk Analyst
5 34 (19.88%) Credit Risk Business Analyst
6 29 (16.96%) Risk Analyst
7 22 (12.87%) Java Developer
8 21 (12.28%) Credit Analyst
9 17 (9.94%) C# Developer
10 14 (8.19%) C++ Developer
10 14 (8.19%) IT Business Analyst
11 13 (7.60%) Project Manager
12 11 (6.43%) Investment Banking Business Analyst
13 10 (5.85%) Legal Analyst
14 9 (5.26%) Banking Business Analyst
15 7 (4.09%) Data Analyst
16 6 (3.51%) Senior Developer
16 6 (3.51%) Risk Manager
16 6 (3.51%) Market Analyst
16 6 (3.51%) Credit Risk Project Manager
Libraries, Frameworks & Software Standards
1 22 (12.87%) .NET
2 19 (11.11%) Spring
3 9 (5.26%) STL
4 8 (4.68%) WPF
5 7 (4.09%) WCF
6 5 (2.92%) Apache Camel
7 4 (2.34%) Boost C++ Libraries
7 4 (2.34%) HTML
7 4 (2.34%) Middleware
8 3 (1.75%) Spring MVC
8 3 (1.75%) Struts
8 3 (1.75%) ASP.NET
8 3 (1.75%) ASP.NET MVC
8 3 (1.75%) HTML5
9 2 (1.17%) SciPy
9 2 (1.17%) NumPy
9 2 (1.17%) WF
9 2 (1.17%) Django
9 2 (1.17%) jQuery
9 2 (1.17%) Pandas
Miscellaneous
1 53 (30.99%) Market Risk
2 17 (9.94%) Derivative
3 14 (8.19%) Fixed Income
4 12 (7.02%) Foreign Exchange (FX)
5 7 (4.09%) Grid Computing
6 5 (2.92%) Equities
7 3 (1.75%) Statistics
7 3 (1.75%) Mathematics
7 3 (1.75%) Wiki
7 3 (1.75%) Data Extraction
8 2 (1.17%) Swaptions
8 2 (1.17%) Equity Derivative
8 2 (1.17%) Computer Science
8 2 (1.17%) Credit Derivative
8 2 (1.17%) Economics
8 2 (1.17%) Management Information System
8 2 (1.17%) PMI
9 1 (0.58%) Client/Server
9 1 (0.58%) Hybrid Derivative
9 1 (0.58%) Applied Mathematics
Operating Systems
1 15 (8.77%) UNIX
1 15 (8.77%) Windows
2 13 (7.60%) Linux
Processes & Methodologies
1 32 (18.71%) Risk Management
2 25 (14.62%) Analytics
3 24 (14.04%) Agile Software Development
4 21 (12.28%) User Acceptance Testing
5 20 (11.70%) Data Modelling
6 17 (9.94%) Multithreading
7 16 (9.36%) TDD
8 15 (8.77%) UML
9 14 (8.19%) Systems Analysis
9 14 (8.19%) Business Analysis
9 14 (8.19%) Change Control
10 13 (7.60%) OO
10 13 (7.60%) Stakeholder Management
11 12 (7.02%) Scrum
11 12 (7.02%) Release Management
11 12 (7.02%) Continuous Integration
12 11 (6.43%) Project Management
13 10 (5.85%) BPR
13 10 (5.85%) Document Management
13 10 (5.85%) Risk Analytics
Programming Languages
1 56 (32.75%) SQL
2 37 (21.64%) Java
3 31 (18.13%) C#
4 29 (16.96%) C++
5 19 (11.11%) Python
6 14 (8.19%) Perl
7 8 (4.68%) VBA
8 4 (2.34%) R
8 4 (2.34%) Shell Script
8 4 (2.34%) JavaScript
9 3 (1.75%) C
10 2 (1.17%) T-SQL
10 2 (1.17%) PowerShell
11 1 (0.58%) PL/SQL
11 1 (0.58%) PROC SQL
11 1 (0.58%) MATLAB
11 1 (0.58%) XAML
11 1 (0.58%) SAS Macro
Qualifications
1 20 (11.70%) Degree
2 3 (1.75%) PMI Certification
3 1 (0.58%) ISEB
3 1 (0.58%) CCA
3 1 (0.58%) OCP
3 1 (0.58%) Oracle Certification
3 1 (0.58%) PMP
Quality Assurance & Compliance
1 14 (8.19%) Basel III
2 5 (2.92%) Basel II
2 5 (2.92%) CRD IV
3 3 (1.75%) SLA
3 3 (1.75%) QA
4 2 (1.17%) Data Quality
5 1 (0.58%) EMIR
5 1 (0.58%) Dodd-Frank
System Software
1 1 (0.58%) Active Directory
Systems Management
1 3 (1.75%) HP Quality Center
2 2 (1.17%) Control-M
Vendors
1 28 (16.37%) Oracle
2 22 (12.87%) Sybase
3 8 (4.68%) Microsoft
4 7 (4.09%) Business Objects
5 4 (2.34%) Informatica
6 2 (1.17%) Cloudera
6 2 (1.17%) SunGard
7 1 (0.58%) Citrix
7 1 (0.58%) Murex
7 1 (0.58%) Calypso
7 1 (0.58%) JBoss
7 1 (0.58%) TIBCO
7 1 (0.58%) OpenLink
7 1 (0.58%) Perforce
7 1 (0.58%) Teradata
7 1 (0.58%) Brady
7 1 (0.58%) Tableau
City, London
Churchill Frank
Rate: £450 - £500 per day
Posted: 3 days ago
City of London
Orgtel
Rate: £450 - £500 per day
Posted: 3 days ago
City, London
Marcus Donald People
Rate: Negotiable (depending on experience)
Posted: 4 days ago
City of London
Huxley Associates
Rate: £300 - £350 per day
Posted: 4 days ago
City, London
Aston Carter
Rate: £500 - £550 per day
Posted: 4 days ago
City, London
Churchill Frank
Rate: £400 - £450 per day
Posted: 5 days ago
City of London
Real Staffing
Rate: £300 - £350 per day
Posted: 5 days ago
City of London
Orgtel
Rate: £550 - £650 per day
Posted: 7 days ago
City of London
Huxley Associates
Rate: £450 - £500 per day + competitive
Posted: 12 days ago
City of London
Huxley Associates
Rate: £450 - £600 per day
Posted: 12 days ago
City of London
Churchill Frank
Rate: £500 - £600 per day
Posted: 13 days ago
City of London
Orgtel
Rate: £400 - £450 per day
Posted: 14 days ago
City of London
Real Staffing
Rate: £600 per week + competitive
Posted: 21 days ago
City of London
Orgtel
Rate: £450 - £500 per day
Posted: 21 days ago
City, London
Asset Resourcing
Rate: £400 - £450 per day
Posted: 25 days ago
City of London
Orgtel
Rate: £200 - £235 per day
Posted: 26 days ago
City of London
Real Staffing
Rate: £450 - £500 per day + competitive
Posted: 26 days ago
City of London
Churchill Frank
Rate: £500 - £600 per day
Posted: 26 days ago