The median contractor rate for a Credit Risk Developer was £563 per day in advertised job vacancies in the City of London during the 3 months to 27 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 Risk Developer
London / City of London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 158 162 190
Rank change year-on-year +4 +28  
Contract jobs requiring a Credit Risk Developer 6 1 11
As % of all contract IT jobs advertised in the City of London 0.18% 0.030% 0.19%
As % of the Job Titles category 0.19% 0.031% 0.20%
Number of daily rates quoted 6 1 9
Median daily rate £563 £613 £525
Median daily rate % change year-on-year -8.16% +16.66%  
90% offered a daily rate of more than £550 £613 £400
10% offered a daily rate of more than £738 £613 £550
UK excluding London median daily rate - £375 £425
% change year-on-year - -11.76%  
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 3152 3242 5437
As % of all contract IT job vacancies advertised in the City of London 95.40% 95.72% 94.75%
Number of daily rates quoted 2407 2629 4189
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 39 38 96
Median hourly rate £18.70 £19.00 £19.72
Median hourly rate % change year-on-year -1.57% -3.62%  
90% offered a hourly rate of more than £12.93 £12.50 £10.50
10% offered a hourly rate of more than £30.00 £31.50 £37.05
UK excluding London median hourly rate £17.50 £17.50 £16.14
% change year-on-year - +8.42%  

Credit Risk Developer
Job Vacancy Trend in the City of London

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

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

Credit Risk Developer
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 Developer in the City of London.

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

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

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

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

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

For the 6 months to 27 June 2017, Credit Risk Developer 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 Developer in the job title.

1 10 (100.00%) Credit Risk
2 6 (60.00%) Java
2 6 (60.00%) SQL
2 6 (60.00%) Finance
2 6 (60.00%) Agile Software Development
3 5 (50.00%) Banking
4 4 (40.00%) Data Management
4 4 (40.00%) Front Office
5 3 (30.00%) TDD
5 3 (30.00%) Management Information System
5 3 (30.00%) VBA
5 3 (30.00%) Crystal Reports
5 3 (30.00%) ETL
5 3 (30.00%) Business Intelligence
5 3 (30.00%) BusinessObjects
5 3 (30.00%) Data Reconciliation
5 3 (30.00%) Functional Programming
5 3 (30.00%) SDLC
5 3 (30.00%) Multithreaded Programming
5 3 (30.00%) Market Risk
5 3 (30.00%) BusinessObjects XI
5 3 (30.00%) Multithreading
5 3 (30.00%) Spring
5 3 (30.00%) DataSynapse
5 3 (30.00%) Oracle Coherence
5 3 (30.00%) Japanese Language
5 3 (30.00%) Scala
5 3 (30.00%) Hadoop
5 3 (30.00%) Process Improvement
5 3 (30.00%) Root Cause Analysis

Credit Risk Developer 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:

Application Platforms
1 3 (30.00%) DataSynapse
1 3 (30.00%) Oracle Coherence
2 1 (10.00%) SAS
Database & Business Intelligence
1 3 (30.00%) BusinessObjects
1 3 (30.00%) BusinessObjects XI
1 3 (30.00%) Crystal Reports
1 3 (30.00%) Hadoop
2 2 (20.00%) SQL Server
Development Applications
1 2 (20.00%) ClearCase
1 2 (20.00%) CruiseControl
1 2 (20.00%) NUnit
1 2 (20.00%) Subversion
1 2 (20.00%) Team Foundation Server
General
1 6 (60.00%) Finance
2 5 (50.00%) Banking
3 4 (40.00%) Front Office
4 3 (30.00%) Japanese Language
5 2 (20.00%) Financial Institution
6 1 (10.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 3 (30.00%) Spring
2 1 (10.00%) Hibernate
2 1 (10.00%) J2SE
Miscellaneous
1 10 (100.00%) Credit Risk
2 3 (30.00%) Management Information System
2 3 (30.00%) Market Risk
3 2 (20.00%) Grid Computing
3 2 (20.00%) N-Tier
4 1 (10.00%) Fintech
4 1 (10.00%) Foreign Exchange (FX)
Processes & Methodologies
1 6 (60.00%) Agile Software Development
2 4 (40.00%) Data Management
3 3 (30.00%) Business Intelligence
3 3 (30.00%) Data Reconciliation
3 3 (30.00%) ETL
3 3 (30.00%) Functional Programming
3 3 (30.00%) Multithreaded Programming
3 3 (30.00%) Multithreading
3 3 (30.00%) Process Improvement
3 3 (30.00%) Root Cause Analysis
3 3 (30.00%) SDLC
3 3 (30.00%) TDD
4 2 (20.00%) BDD
4 2 (20.00%) Scrum
5 1 (10.00%) E-Commerce
5 1 (10.00%) Economics
5 1 (10.00%) Low Latency
5 1 (10.00%) Pair Programming
5 1 (10.00%) Statistical Analysis
5 1 (10.00%) Technical Analysis
Programming Languages
1 6 (60.00%) Java
1 6 (60.00%) SQL
2 3 (30.00%) Scala
2 3 (30.00%) VBA
Vendors
1 2 (20.00%) Oracle