Credit Analyst Contracts

Credit Analyst
UK

The median Credit Analyst daily rate in the UK is £813 according to job vacancies posted during the 6 months to 29 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
29 Apr 2024
Same period 2023 Same period 2022
Rank 582 673 818
Rank change year-on-year +91 +145 -154
Contract jobs requiring a Credit Analyst 18 40 38
As % of all contract jobs advertised in the UK 0.041% 0.067% 0.043%
As % of the Job Titles category 0.045% 0.071% 0.045%
Number of daily rates quoted 16 29 27
10th Percentile £460 - £401
25th Percentile £622 £400 £500
Median daily rate (50th Percentile) £813 £439 £525
Median % change year-on-year +85.08% -16.38% +31.25%
75th Percentile £875 £625 £625
90th Percentile £950 £804 £710
UK excluding London median daily rate - £400 £350
% change year-on-year - +14.29% -30.00%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,448 56,471 84,729
% of contract IT jobs with a recognized job title 92.78% 94.61% 95.48%
Number of daily rates quoted 26,348 39,474 59,497
10th Percentile £275 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £734
UK excluding London median daily rate £492 £500 £475
% change year-on-year -1.60% +5.26% +11.76%
Number of hourly rates quoted 2,658 1,569 2,098
10th Percentile £12.86 £14.29 £12.50
25th Percentile £16.30 £19.50 £15.50
Median hourly rate £36.00 £45.00 £23.46
Median % change year-on-year -20.00% +91.86% +3.42%
75th Percentile £60.75 £65.75 £48.94
90th Percentile £72.50 £75.75 £63.36
UK excluding London median hourly rate £38.50 £42.50 £19.50
% change year-on-year -9.41% +117.95% +2.63%

Credit Analyst
Job Vacancy Trend

Job postings that featured Credit Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Credit Analyst in the UK

Credit Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Credit Analyst.

Daily rate trend for Credit Analyst in the UK

Credit Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Credit Analyst over the 6 months to 29 April 2024.

Daily rate histogram for Credit Analyst in the UK

Credit Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Credit Analyst.

Hourly rate trend for Credit Analyst in the UK

Credit Analyst
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Analyst within the UK over the 6 months to 29 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +81 16 £850 +93.62% 21
London +97 15 £850 +47.83% 13
Work from Home +110 10 £850 +93.62% 9
UK excluding London +52 1 - - 7
Midlands +18 1 - -
East Midlands +12 1 - -

Credit Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 29 April 2024, Credit Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Credit Analyst in the job title.

1 11 (61.11%) Degree
2 9 (50.00%) Finance
3 8 (44.44%) Python
3 8 (44.44%) Derivative
3 8 (44.44%) Analytical Skills
4 7 (38.89%) Risk Management
4 7 (38.89%) MS Visio
5 6 (33.33%) UML
5 6 (33.33%) Credit Risk
6 5 (27.78%) Microsoft Excel
6 5 (27.78%) SQL
6 5 (27.78%) R
7 4 (22.22%) Quantitative Finance
7 4 (22.22%) FIX Connectivity
7 4 (22.22%) Numerate Degree
7 4 (22.22%) Model Validation
7 4 (22.22%) Social Skills
7 4 (22.22%) Analytical Modelling
7 4 (22.22%) VBA
7 4 (22.22%) XML
7 4 (22.22%) Unix
7 4 (22.22%) Data Modelling
7 4 (22.22%) C++
7 4 (22.22%) B2C
7 4 (22.22%) Bloomberg
7 4 (22.22%) Project Management
7 4 (22.22%) Fixed Income
7 4 (22.22%) Front Office
7 4 (22.22%) Mathematics
7 4 (22.22%) Physics

Credit Analyst Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (22.22%) Confluence
Applications
1 7 (38.89%) MS Visio
2 5 (27.78%) Microsoft Excel
3 4 (22.22%) Microsoft PowerPoint
Business Applications
1 1 (5.56%) thinkFolio
1 1 (5.56%) VisionPLUS
Cloud Services
1 3 (16.67%) Power Platform
Communications & Networking
1 4 (22.22%) FIX Connectivity
Database & Business Intelligence
1 3 (16.67%) Power BI
2 1 (5.56%) Data Lake
2 1 (5.56%) Data Mining
2 1 (5.56%) Data Warehouse
Development Applications
1 4 (22.22%) JIRA
1 4 (22.22%) TeamCity
General
1 9 (50.00%) Finance
2 8 (44.44%) Analytical Skills
3 4 (22.22%) Front Office
3 4 (22.22%) Social Skills
4 2 (11.11%) Banking
5 1 (5.56%) Investment Banking
Libraries, Frameworks & Software Standards
1 4 (22.22%) FIX Protocol
1 4 (22.22%) XML
Miscellaneous
1 8 (44.44%) Derivative
2 6 (33.33%) Credit Risk
3 4 (22.22%) Credit Derivative
3 4 (22.22%) Fixed Income
3 4 (22.22%) Hedge funds
4 3 (16.67%) Reference Data
5 1 (5.56%) Market Risk
Operating Systems
1 4 (22.22%) Unix
Processes & Methodologies
1 7 (38.89%) Risk Management
2 6 (33.33%) UML
3 4 (22.22%) Analytical Modelling
3 4 (22.22%) B2C
3 4 (22.22%) Business Analysis
3 4 (22.22%) Data Modelling
3 4 (22.22%) Electronic Trading
3 4 (22.22%) Mathematics
3 4 (22.22%) Model Validation
3 4 (22.22%) Physics
3 4 (22.22%) Project Management
3 4 (22.22%) Quantitative Finance
3 4 (22.22%) Statistics
4 3 (16.67%) Business Intelligence
4 3 (16.67%) Business Strategy
4 3 (16.67%) Data Science
4 3 (16.67%) Financial Modelling
4 3 (16.67%) Portfolio Management
5 2 (11.11%) Data Architecture
5 2 (11.11%) Order Management
Programming Languages
1 8 (44.44%) Python
2 5 (27.78%) R
2 5 (27.78%) SQL
3 4 (22.22%) C++
3 4 (22.22%) VBA
4 3 (16.67%) MATLAB
Qualifications
1 11 (61.11%) Degree
2 4 (22.22%) Numerate Degree
3 3 (16.67%) CFA
3 3 (16.67%) Master's Degree
3 3 (16.67%) MBA
3 3 (16.67%) Postgraduate
Quality Assurance & Compliance
1 4 (22.22%) QA
2 2 (11.11%) Basel III
2 2 (11.11%) PMO
3 1 (5.56%) Basel II
Vendors
1 4 (22.22%) Bloomberg
1 4 (22.22%) ION Trading
1 4 (22.22%) MarketAxess
1 4 (22.22%) Tradeweb