The first table below looks at the prevalence of the term Credit Risk in IT contracts advertised for the 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 16 April 2014 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 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
16 Apr 2014
Same period 2013 Same period 2012
Credit Risk
Rank 175 98 77
Rank change year-on-year
-77 -21
Contract jobs citing Credit Risk 302 429 674
As % of all contract IT jobs located in London 1.22% 1.95% 2.41%
As % of the Miscellaneous category 3.90% 5.94% 7.72%
Number of daily rates quoted 214 314 533
Average daily rate £575 £550 £550
Average daily rate % change year-on-year
+4.54% -
90% offered a daily rate of more than £450 £383 £400
10% offered a daily rate of more than £675 £650 £650
UK excluding London average daily rate £425 £450 £400
% change year-on-year
-5.55% +12.50%
Number of hourly rates quoted 0 1 0
Average hourly rate - £40.00 -
UK excluding London average hourly rate £14.00 - £15.00
Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7734 7218 8733
As % of all contract IT jobs located in London 31.25% 32.84% 31.17%
Number of daily rates quoted 5452 5033 5839
Average daily rate £450 £475 £475
Average daily rate % change year-on-year
-5.26% -
90% offered a daily rate of more than £275 £275 £288
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £345 £348
% change year-on-year
+1.44% -0.71%
Number of hourly rates quoted 146 169 227
Average hourly rate £21.00 £22.00 £22.50
Average hourly rate % change year-on-year
-4.54% -2.22%
90% offered a hourly rate of more than £13.50 £14.15 £13.00
10% offered a hourly rate of more than £41.00 £52.80 £47.65
UK excluding London average hourly rate £17.50 £22.50 £25.00
% change year-on-year
-22.22% -10.00%
Credit Risk
England

Credit Risk
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Credit Risk across the London region as a proportion of the total demand within the Miscellaneous category.

Credit Risk Jobs Demand Trend in London

Credit Risk
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Risk across the London region.

Credit Risk Daily Rate Trend in London

Credit Risk
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Risk across the London region over the 3 months to 16 April 2014.

Credit Risk Daily Rate Histogram in London

Credit Risk
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Risk across the London region.

Credit Risk Hourly Rate Trend in London

Credit Risk
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Credit Risk within the London region over the 3 months to 16 April 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Find
Job
Vacancies
City of London -21 109 £600 +14.28% 16
Docklands, London -7 5 £500 -16.66% 1
Canary Wharf - - - -
Clapham - - - -
Credit Risk
England

Credit Risk
Top 30 Related IT Skills in London

For the 6 months to 16 April 2014, IT contractor jobs across the 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.

1 314 (59.25%) Banking
2 227 (42.83%) Finance
3 216 (40.75%) Investment Banking
4 190 (35.85%) SQL
5 164 (30.94%) Market Risk
6 129 (24.34%) Front Office
7 117 (22.08%) Risk Management
8 115 (21.70%) Derivative
9 97 (18.30%) Oracle
10 89 (16.79%) C#
11 78 (14.72%) Analytics
12 77 (14.53%) C++
13 69 (13.02%) Business Analysis
14 62 (11.70%) Java
15 59 (11.13%) Foreign Exchange (FX)
15 59 (11.13%) Agile Software Development
15 59 (11.13%) Fixed Income
16 57 (10.75%) Project Management
16 57 (10.75%) Data Modelling
17 55 (10.38%) Basel III
18 52 (9.81%) User Acceptance Testing
19 50 (9.43%) Python
20 48 (9.06%) Perl
20 48 (9.06%) Data Analysis
21 44 (8.30%) Stress Testing
21 44 (8.30%) Oracle Database
22 42 (7.92%) Credit Derivative
22 42 (7.92%) .NET
22 42 (7.92%) Sybase
23 40 (7.55%) Degree

Credit Risk
Top Related IT Skills in London by Category

For the 6 months to 16 April 2014, IT contractor jobs across the 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 16 (3.02%) SAS
2 12 (2.26%) Oracle Coherence
3 5 (0.94%) SharePoint
4 3 (0.57%) GemFire
4 3 (0.57%) SharePoint Server
5 2 (0.38%) Node.js
6 1 (0.19%) Confluence
6 1 (0.19%) WebSphere
6 1 (0.19%) TIBCO EMS
Applications
1 37 (6.98%) MS Excel
2 20 (3.77%) MS Visio
2 20 (3.77%) MS PowerPoint
3 10 (1.89%) MS Office
4 5 (0.94%) MS Project
5 2 (0.38%) Spreadsheet
Business Applications
1 2 (0.38%) Summit
2 1 (0.19%) Adaptiv
2 1 (0.19%) Loan IQ
Cloud Services
1 2 (0.38%) GitHub
Communications & Networking
1 1 (0.19%) FTP
1 1 (0.19%) HTTP
Database & Business Intelligence
1 44 (8.30%) Oracle Database
2 37 (6.98%) SQL Server
2 37 (6.98%) Data Warehouse
3 15 (2.83%) Relational Database
4 11 (2.08%) Oracle Database 10g
4 11 (2.08%) Oracle Database 11g
5 9 (1.70%) RDBMS
5 9 (1.70%) MS Access
5 9 (1.70%) SQL Server Analysis Services
5 9 (1.70%) SQL Server Reporting Services
6 8 (1.51%) SQL Server Integration Services
6 8 (1.51%) SQL Server 2008
7 7 (1.32%) NoSQL
8 6 (1.13%) Big Data
9 5 (0.94%) MongoDB
10 4 (0.75%) SAS Enterprise Guide
10 4 (0.75%) DB2
10 4 (0.75%) OLAP
11 3 (0.57%) Hadoop
12 2 (0.38%) DB2 UDB
Development Applications
1 20 (3.77%) JIRA
2 15 (2.83%) Maven
2 15 (2.83%) CruiseControl
3 14 (2.64%) Visual Studio
4 11 (2.08%) ClearCase
5 10 (1.89%) Hudson
6 9 (1.70%) Subversion
6 9 (1.70%) TeamCity
7 6 (1.13%) Team Foundation Server
8 4 (0.75%) jMock
8 4 (0.75%) JUnit
9 3 (0.57%) NUnit
10 2 (0.38%) Selenium
10 2 (0.38%) SpecFlow
10 2 (0.38%) Eclipse
10 2 (0.38%) LoadRunner
11 1 (0.19%) MSI
11 1 (0.19%) Toad
General
1 314 (59.25%) Banking
2 227 (42.83%) Finance
3 216 (40.75%) Investment Banking
4 129 (24.34%) Front Office
5 32 (6.04%) Retail
6 25 (4.72%) Legal
7 21 (3.96%) Back Office
8 20 (3.77%) Retail Banking
9 6 (1.13%) Financial Institution
10 4 (0.75%) Telecoms
11 3 (0.57%) Manufacturing
11 3 (0.57%) International Banking
11 3 (0.57%) Private Banking
11 3 (0.57%) Wholesale Banking
12 2 (0.38%) Italian Language
13 1 (0.19%) Corporate Banking
13 1 (0.19%) Marketing
13 1 (0.19%) German Language
13 1 (0.19%) Spanish Language
Job Titles
1 248 (46.79%) Analyst
2 182 (34.34%) Business Analyst
3 158 (29.81%) Developer
4 124 (23.40%) Credit Risk Analyst
5 94 (17.74%) Credit Risk Business Analyst
6 58 (10.94%) Risk Analyst
7 47 (8.87%) Project Manager
8 46 (8.68%) Credit Analyst
9 41 (7.74%) C++ Developer
10 33 (6.23%) C# Developer
11 29 (5.47%) Data Analyst
11 29 (5.47%) Java Developer
11 29 (5.47%) Investment Banking Business Analyst
12 27 (5.09%) IT Business Analyst
13 24 (4.53%) Banking Business Analyst
14 23 (4.34%) Test Analyst
15 20 (3.77%) Senior Analyst
16 18 (3.40%) Market Risk Analyst
16 18 (3.40%) Credit Risk Project Manager
17 17 (3.21%) Risk Manager
Libraries, Frameworks & Software Standards
1 42 (7.92%) .NET
2 23 (4.34%) STL
3 19 (3.58%) Spring
4 15 (2.83%) XML
5 14 (2.64%) WCF
5 14 (2.64%) WPF
6 13 (2.45%) JMS
7 12 (2.26%) Boost C++ Libraries
8 9 (1.70%) MSMQ
9 7 (1.32%) JDBC
10 6 (1.13%) Apache Camel
10 6 (1.13%) HTML
11 5 (0.94%) Middleware
11 5 (0.94%) J2EE
11 5 (0.94%) HTML5
11 5 (0.94%) REST
11 5 (0.94%) RESTful
11 5 (0.94%) Spring MVC
12 4 (0.75%) MDX
13 3 (0.57%) FpML
Miscellaneous
1 164 (30.94%) Market Risk
2 115 (21.70%) Derivative
3 59 (11.13%) Foreign Exchange (FX)
3 59 (11.13%) Fixed Income
4 42 (7.92%) Credit Derivative
5 28 (5.28%) Equities
6 19 (3.58%) Grid Computing
7 18 (3.40%) Equity Derivative
8 13 (2.45%) Management Information System
9 12 (2.26%) Reference Data
10 11 (2.08%) Mathematics
11 7 (1.32%) Computer Science
12 6 (1.13%) Interest Rate Derivative
13 5 (0.94%) Visualisation
14 4 (0.75%) Data Extraction
14 4 (0.75%) SWIFT
14 4 (0.75%) PMI
15 3 (0.57%) Economics
15 3 (0.57%) Energy Derivatives
15 3 (0.57%) Statistics
Operating Systems
1 37 (6.98%) UNIX
2 18 (3.40%) Linux
3 14 (2.64%) Windows
4 2 (0.38%) Windows Server 2012
5 1 (0.19%) AIX
Processes & Methodologies
1 117 (22.08%) Risk Management
2 78 (14.72%) Analytics
3 69 (13.02%) Business Analysis
4 59 (11.13%) Agile Software Development
5 57 (10.75%) Project Management
5 57 (10.75%) Data Modelling
6 52 (9.81%) User Acceptance Testing
7 48 (9.06%) Data Analysis
8 44 (8.30%) Stress Testing
9 39 (7.36%) Risk Analytics
10 36 (6.79%) TDD
11 33 (6.23%) Stakeholder Management
12 30 (5.66%) Systems Analysis
13 28 (5.28%) UML
14 27 (5.09%) Release Management
15 25 (4.72%) Use Case
16 23 (4.34%) Change Control
16 23 (4.34%) Monte Carlo Method
16 23 (4.34%) Scrum
16 23 (4.34%) Workflow
Programming Languages
1 190 (35.85%) SQL
2 89 (16.79%) C#
3 77 (14.53%) C++
4 62 (11.70%) Java
5 50 (9.43%) Python
6 48 (9.06%) Perl
7 27 (5.09%) VBA
8 16 (3.02%) PL/SQL
9 15 (2.83%) Shell Script
10 8 (1.51%) JavaScript
11 4 (0.75%) PowerShell
11 4 (0.75%) C
11 4 (0.75%) T-SQL
12 3 (0.57%) VB
13 2 (0.38%) C++/CLI
13 2 (0.38%) C-shell
14 1 (0.19%) MATLAB
14 1 (0.19%) VB.NET
14 1 (0.19%) Clojure
14 1 (0.19%) R
Qualifications
1 40 (7.55%) Degree
2 8 (1.51%) PhD
3 7 (1.32%) ISEB
4 5 (0.94%) PMI Certification
4 5 (0.94%) ISTQB
5 3 (0.57%) MBA
6 2 (0.38%) CFA
6 2 (0.38%) PMP
7 1 (0.19%) CCA
7 1 (0.19%) OCP
7 1 (0.19%) Oracle Certification
7 1 (0.19%) PRINCE2 Certification
Quality Assurance & Compliance
1 55 (10.38%) Basel III
2 24 (4.53%) QA
2 24 (4.53%) CRD IV
3 18 (3.40%) Dodd-Frank
3 18 (3.40%) EMIR
4 12 (2.26%) Basel II
5 8 (1.51%) COREP
5 8 (1.51%) FINREP
6 5 (0.94%) SLA
7 2 (0.38%) Data Quality
8 1 (0.19%) GCP
8 1 (0.19%) Solvency II
Systems Management
1 14 (2.64%) HP Quality Center
2 6 (1.13%) Control-M
Vendors
1 97 (18.30%) Oracle
2 42 (7.92%) Sybase
3 37 (6.98%) Microsoft
4 14 (2.64%) DataSynapse
5 13 (2.45%) Business Objects
6 12 (2.26%) Murex
7 8 (1.51%) HP
8 6 (1.13%) Bloomberg
9 5 (0.94%) SunGard
9 5 (0.94%) Remedy
9 5 (0.94%) TIBCO
10 4 (0.75%) Hyperion
11 3 (0.57%) Reuters
11 3 (0.57%) Calypso
12 2 (0.38%) Pega
12 2 (0.38%) Sophis
12 2 (0.38%) JBoss
12 2 (0.38%) IBM
12 2 (0.38%) CA
12 2 (0.38%) OpenLink
City, London
Hydrogen Group
Rate: £560.00 - £685.00 per day
Posted: 15 hours ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per annum
Posted: Yesterday
City of London
Amoria Bond - UK
Posted: 5 days ago
City, London
Hydrogen Group
Rate: £700.00 - £750.00 per day
Posted: 5 days ago
London
Aston Carter
Rate: £500 - £700 per day
Posted: 6 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £525 per day
Posted: 7 days ago
London
Orgtel
Rate: £550 - £650 per day
Posted: 12 days ago
London
Orgtel
Rate: £450 - £500 per day
Posted: 13 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £530 per day
Posted: 14 days ago
City of London
Hays IT - Uk Posting account
Rate: £450.00 - £520.00 per annum
Posted: 19 days ago
City of London
Huxley Associates
Rate: £400 - £500 per day
Posted: 20 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £525 per day
Posted: 20 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £540.00 per annum
Posted: 22 days ago
Docklands
iKonnect
Rate: £500 - £540 per day
Posted: 23 days ago