The median contractor rate for a Credit Analyst was £575 per day in advertised job vacancies in the City of London during the 3 months to 25 June 2017.

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

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Credit Analyst
London / City of London
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 159 161 179
Rank change year-on-year +2 +18  
Contract jobs requiring a Credit Analyst 4 5 23
As % of all contract IT jobs advertised in the City of London 0.12% 0.15% 0.40%
As % of the Job Titles category 0.13% 0.16% 0.42%
Number of daily rates quoted 3 5 22
Median daily rate £575 £450 £563
Median daily rate % change year-on-year +27.77% -20.00%  
UK excluding London median daily rate £393 £425 £425
% change year-on-year -7.64% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 3125 3181 5524
As % of all contract IT job vacancies advertised in the City of London 95.42% 95.73% 94.90%
Number of daily rates quoted 2394 2584 4248
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £325 £313 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 37 37 100
Median hourly rate £18.70 £19.00 £19.00
Median hourly rate % change year-on-year -1.60% -  
90% offered a hourly rate of more than £12.54 £12.50 £10.70
10% offered a hourly rate of more than £30.00 £31.50 £37.03
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

Credit Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Credit Analyst in the job title.

Job vacancy trend for Credit Analyst in the City of London

Credit Analyst
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Credit Analyst in the City of London.

Contractor daily rate trend for Credit Analyst in the City of London

Credit Analyst
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Credit Analyst in the City of London.

Contractor hourly rate trend for Credit Analyst in the City of London

Credit Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 25 June 2017, Credit Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region featuring Credit Analyst in the job title.

1 12 (57.14%) Foreign Exchange (FX)
2 11 (52.38%) Finance
3 8 (38.10%) Front Office
3 8 (38.10%) User Acceptance Testing
4 7 (33.33%) Credit Risk
4 7 (33.33%) Murex
5 6 (28.57%) Microsoft
5 6 (28.57%) SQL Server
5 6 (28.57%) Summit
5 6 (28.57%) Risk Management
5 6 (28.57%) Collateral Management
5 6 (28.57%) Credit Risk Management
5 6 (28.57%) Dodd-Frank
5 6 (28.57%) Market Risk
5 6 (28.57%) Derivative
5 6 (28.57%) MiFID
5 6 (28.57%) JIRA
5 6 (28.57%) Team Foundation Server
6 5 (23.81%) Agile Software Development
6 5 (23.81%) Banking
7 4 (19.05%) Stress Testing
8 3 (14.29%) PowerShell
8 3 (14.29%) Dollar Universe
8 3 (14.29%) Jenkins
8 3 (14.29%) Performance Monitoring
8 3 (14.29%) Microsoft Office
8 3 (14.29%) Visual Studio
8 3 (14.29%) Web Services
8 3 (14.29%) SQL
8 3 (14.29%) Workflow

Credit Analyst Skill Set
Co-occurring IT Skills in the City of London by Category

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

Applications
1 3 (14.29%) Microsoft Office
Business Applications
1 6 (28.57%) Summit
Database & Business Intelligence
1 6 (28.57%) SQL Server
Development Applications
1 6 (28.57%) JIRA
1 6 (28.57%) Team Foundation Server
2 3 (14.29%) Jenkins
2 3 (14.29%) Visual Studio
General
1 11 (52.38%) Finance
2 8 (38.10%) Front Office
3 5 (23.81%) Banking
4 1 (4.76%) Investment Banking
Libraries, Frameworks & Software Standards
1 3 (14.29%) Web Services
Miscellaneous
1 12 (57.14%) Foreign Exchange (FX)
2 7 (33.33%) Credit Risk
3 6 (28.57%) Derivative
3 6 (28.57%) Market Risk
4 1 (4.76%) Fixed Income
Processes & Methodologies
1 8 (38.10%) User Acceptance Testing
2 6 (28.57%) Collateral Management
2 6 (28.57%) Credit Risk Management
2 6 (28.57%) Risk Management
3 5 (23.81%) Agile Software Development
4 4 (19.05%) Stress Testing
5 3 (14.29%) Performance Monitoring
5 3 (14.29%) Scrum
5 3 (14.29%) Stakeholder Management
5 3 (14.29%) Workflow
6 1 (4.76%) Asset Management
6 1 (4.76%) Change Management
6 1 (4.76%) GAP Analysis
6 1 (4.76%) Project Management
6 1 (4.76%) Stakeholder and Relationship Management
6 1 (4.76%) Test Scripting
Programming Languages
1 3 (14.29%) PowerShell
1 3 (14.29%) SQL
Quality Assurance & Compliance
1 6 (28.57%) Dodd-Frank
1 6 (28.57%) MiFID
2 1 (4.76%) IFRS
2 1 (4.76%) IFRS 9
Systems Management
1 3 (14.29%) Dollar Universe
Vendors
1 7 (33.33%) Murex
2 6 (28.57%) Microsoft