Period
to 19 November 2017

The median contractor rate for a Credit Risk Developer was £600 per day in advertised job vacancies in the City of London during the 6 months to 19 November 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
Central London > City of London
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 224 248 254
Rank change year-on-year +24 +6 +42
Contract jobs requiring a Credit Risk Developer 16 5 17
As % of all contract IT jobs advertised in the City of London 0.23% 0.075% 0.19%
As % of the Job Titles category 0.24% 0.079% 0.19%
Number of daily rates quoted 14 5 15
City of London median daily rate £600 £375 £550
Median daily rate % change year-on-year +60.00% -31.82% -8.33%
10th Percentile £525 £355 £338
90th Percentile £856 £425 £575
Central London median daily rate £588 £375 £550
% change year-on-year +56.67% -31.82% -8.33%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. 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.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6642 6353 8750
% of contract IT jobs with a recognized job title 94.53% 95.51% 95.26%
Number of daily rates quoted 5247 5051 6871
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £273
90th Percentile £675 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 94 77 125
City of London median hourly rate £17.00 £17.50 £18.00
Median hourly rate % change year-on-year -2.86% -2.78% +5.88%
10th Percentile £11.25 £11.50 £10.20
90th Percentile £29.29 £48.40 £38.05
Central London median hourly rate £18.10 £17.21 £18.00
% change year-on-year +5.19% -4.40% +9.09%

Credit Risk Developer
Job Vacancy Trend in the City of London

Job postings that featured Credit Risk Developer in the job title as a percentage of all IT jobs advertised in the City of London.

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 6 months to 19 November 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 19 November 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 16 (100.00%) Credit Risk
2 12 (75.00%) Banking
3 7 (43.75%) Finance
3 7 (43.75%) Java
4 6 (37.50%) SQL
4 6 (37.50%) Front Office
5 5 (31.25%) Multithreading
5 5 (31.25%) Electronic Trading
6 3 (18.75%) BusinessObjects XI
6 3 (18.75%) NUnit
6 3 (18.75%) Data Management
6 3 (18.75%) Derivative
6 3 (18.75%) Japanese Language
6 3 (18.75%) Risk Management
6 3 (18.75%) Management Information System
6 3 (18.75%) SQL Server
6 3 (18.75%) Crystal Reports
6 3 (18.75%) VBA
6 3 (18.75%) ETL
6 3 (18.75%) Business Intelligence
6 3 (18.75%) BusinessObjects
6 3 (18.75%) Process Improvement
6 3 (18.75%) Root Cause Analysis
6 3 (18.75%) Analytics
6 3 (18.75%) Data Reconciliation
7 2 (12.50%) Flask
7 2 (12.50%) Pandas
7 2 (12.50%) Celery
7 2 (12.50%) Garbage Collection
7 2 (12.50%) Hazelcast

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 2 (12.50%) nginx
1 2 (12.50%) SAS
Cloud Services
1 1 (6.25%) Cloud Computing
Database & Business Intelligence
1 3 (18.75%) BusinessObjects
1 3 (18.75%) BusinessObjects XI
1 3 (18.75%) Crystal Reports
1 3 (18.75%) SQL Server
2 2 (12.50%) Hazelcast
Development Applications
1 3 (18.75%) NUnit
2 2 (12.50%) Moq
3 1 (6.25%) ClearCase
3 1 (6.25%) CruiseControl
3 1 (6.25%) Subversion
3 1 (6.25%) Team Foundation Server
General
1 12 (75.00%) Banking
2 7 (43.75%) Finance
3 6 (37.50%) Front Office
4 3 (18.75%) Japanese Language
5 1 (6.25%) Financial Institution
Libraries, Frameworks & Software Standards
1 2 (12.50%) .NET
1 2 (12.50%) Boost C++ Libraries
1 2 (12.50%) Celery
1 2 (12.50%) Flask
1 2 (12.50%) LINQ
1 2 (12.50%) NumPy
1 2 (12.50%) Pandas
1 2 (12.50%) WCF
1 2 (12.50%) WPF
2 1 (6.25%) Spring
Miscellaneous
1 16 (100.00%) Credit Risk
2 3 (18.75%) Derivative
2 3 (18.75%) Management Information System
3 2 (12.50%) Greenfield Project
3 2 (12.50%) Grid Computing
4 1 (6.25%) Credit Derivative
4 1 (6.25%) N-Tier
Operating Systems
1 1 (6.25%) Linux
1 1 (6.25%) Unix
1 1 (6.25%) Windows
Processes & Methodologies
1 5 (31.25%) Electronic Trading
1 5 (31.25%) Multithreading
2 3 (18.75%) Analytics
2 3 (18.75%) Business Intelligence
2 3 (18.75%) Data Management
2 3 (18.75%) Data Reconciliation
2 3 (18.75%) ETL
2 3 (18.75%) Process Improvement
2 3 (18.75%) Risk Management
2 3 (18.75%) Root Cause Analysis
3 2 (12.50%) Credit Risk Analytics
3 2 (12.50%) Credit Risk Management
3 2 (12.50%) Garbage Collection
3 2 (12.50%) Risk Analytics
3 2 (12.50%) Statistical Analysis
3 2 (12.50%) Unit Testing
4 1 (6.25%) Agile Software Development
4 1 (6.25%) BDD
4 1 (6.25%) Integration Testing
4 1 (6.25%) Quantitative Analysis
Programming Languages
1 7 (43.75%) Java
2 6 (37.50%) SQL
3 3 (18.75%) VBA
4 2 (12.50%) C#
4 2 (12.50%) C++
4 2 (12.50%) Python
4 2 (12.50%) T-SQL
5 1 (6.25%) Clojure
5 1 (6.25%) Scala
Qualifications
1 2 (12.50%) Degree
1 2 (12.50%) Numerate Degree
Vendors
1 2 (12.50%) Typemock
2 1 (6.25%) Oracle