The median contractor rate for a Credit Risk Analyst was £530 per day in advertised job vacancies in the City of London during the 3 months to 27 March 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.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Credit Risk Analyst
London / City of London
Rank 149 155 184
Rank change year-on-year +6 +29  
Contract jobs requiring a Credit Risk Analyst 6 3 10
As % of all contract IT jobs advertised in the City of London 0.20% 0.090% 0.19%
As % of the Job Titles category 0.21% 0.095% 0.20%
Number of daily rates quoted 6 3 10
Median daily rate £530 £525 £453
Median daily rate % change year-on-year +0.95% +16.02%  
90% offered a daily rate of more than £360 £485 £323
10% offered a daily rate of more than £593 £645 £550
UK excluding London median daily rate £475 £498 £425
% change year-on-year -4.52% +17.05%  
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 2871 3173 4972
As % of all contract IT job vacancies advertised in the City of London 95.22% 95.40% 96.13%
Number of daily rates quoted 2239 2525 3747
Median daily rate £500 £473 £450
Median daily rate % change year-on-year +5.82% +5.00%  
90% offered a daily rate of more than £312 £300 £280
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 32 47 78
Median hourly rate £19.00 £20.00 £17.98
Median hourly rate % change year-on-year -4.97% +11.20%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £45.40 £26.90
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Credit Risk Analyst
Job Vacancy Trend in the City of London

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

Job vacancy trend for Credit Risk Analyst in the City of London

Credit Risk 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 Risk Analyst in the City of London.

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

Credit Risk Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Credit Risk Analyst in the City of London over the 3 months to 27 March 2017.

Contractor daily rate histogram for Credit Risk Analyst in the City of London

Credit Risk Analyst
Contractor 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 Analyst in the City of London.

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

Credit Risk Analyst Skill Set
Top 30 Related IT Skills in the City of London

For the 6 months to 27 March 2017, Credit Risk 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 Risk Analyst in the job title.

1 10 (100.00%) Credit Risk
2 7 (70.00%) Finance
3 6 (60.00%) Risk Management
3 6 (60.00%) Microsoft
3 6 (60.00%) SQL Server
3 6 (60.00%) Market Risk
3 6 (60.00%) JIRA
3 6 (60.00%) Stress Testing
3 6 (60.00%) Team Foundation Server
3 6 (60.00%) Dodd-Frank
3 6 (60.00%) Collateral Management
3 6 (60.00%) Credit Risk Management
4 5 (50.00%) Agile Software Development
5 4 (40.00%) Banking
5 4 (40.00%) SQL
6 3 (30.00%) Dollar Universe
6 3 (30.00%) Analytics
6 3 (30.00%) Jenkins
6 3 (30.00%) Performance Monitoring
6 3 (30.00%) PowerShell
6 3 (30.00%) MS Office
6 3 (30.00%) Visual Studio
6 3 (30.00%) Web Services
6 3 (30.00%) Workflow
6 3 (30.00%) Scrum
7 2 (20.00%) PRINCE2
7 2 (20.00%) PRINCE2 Certification
7 2 (20.00%) Data Architecture
7 2 (20.00%) User Acceptance Testing
7 2 (20.00%) Risk Analytics

Credit Risk Analyst Skill Set
Top Related 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:

Application Platforms
1 1 (10.00%) SAS
Applications
1 3 (30.00%) MS Office
Database & Business Intelligence
1 6 (60.00%) SQL Server
2 1 (10.00%) Data Warehouse
Development Applications
1 6 (60.00%) JIRA
1 6 (60.00%) Team Foundation Server
2 3 (30.00%) Jenkins
2 3 (30.00%) Visual Studio
General
1 7 (70.00%) Finance
2 4 (40.00%) Banking
Libraries, Frameworks & Software Standards
1 3 (30.00%) Web Services
Miscellaneous
1 10 (100.00%) Credit Risk
2 6 (60.00%) Market Risk
3 1 (10.00%) Analytical Skills
Operating Systems
1 1 (10.00%) Unix
Processes & Methodologies
1 6 (60.00%) Collateral Management
1 6 (60.00%) Credit Risk Management
1 6 (60.00%) Risk Management
1 6 (60.00%) Stress Testing
2 5 (50.00%) Agile Software Development
3 3 (30.00%) Analytics
3 3 (30.00%) Performance Monitoring
3 3 (30.00%) Scrum
3 3 (30.00%) Workflow
4 2 (20.00%) Data Architecture
4 2 (20.00%) PRINCE2
4 2 (20.00%) Risk Analytics
4 2 (20.00%) User Acceptance Testing
5 1 (10.00%) Asset Management
5 1 (10.00%) Benchmarking
5 1 (10.00%) Change Management
5 1 (10.00%) Data Analytics
5 1 (10.00%) Data Modelling
5 1 (10.00%) Project Planning
5 1 (10.00%) Stakeholder Management
Programming Languages
1 4 (40.00%) SQL
2 3 (30.00%) PowerShell
Qualifications
1 2 (20.00%) PRINCE2 Certification
Quality Assurance & Compliance
1 6 (60.00%) Dodd-Frank
2 1 (10.00%) Data Quality
2 1 (10.00%) IFRS
2 1 (10.00%) IFRS 9
Systems Management
1 3 (30.00%) Dollar Universe
2 1 (10.00%) Tivoli
Vendors
1 6 (60.00%) Microsoft
2 1 (10.00%) Oracle
2 1 (10.00%) Teradata