The median contractor rate for a Credit Risk Developer was £650 per day in advertised job vacancies in the City of London during the 3 months to 24 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
24 Mar 2017
Same period 2016 Same period 2015
Credit Risk Developer
London / City of London
Rank 149 155 187
Rank change year-on-year +6 +32  
Contract jobs requiring a Credit Risk Developer 4 3 2
As % of all contract IT jobs advertised in the City of London 0.13% 0.091% 0.040%
As % of the Job Titles category 0.14% 0.096% 0.041%
Number of daily rates quoted 3 3 2
Median daily rate £650 £525 £575
Median daily rate % change year-on-year +23.80% -8.69%  
UK excluding London median daily rate - £625 £534
% change year-on-year - +17.09%  
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 2888 3140 4850
As % of all contract IT job vacancies advertised in the City of London 95.25% 95.32% 96.06%
Number of daily rates quoted 2244 2502 3650
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 £313 £300 £276
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 76
Median hourly rate £19.00 £20.00 £18.70
Median hourly rate % change year-on-year -4.97% +6.92%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £46.10 £27.37
UK excluding London median hourly rate £17.50 £20.00 £17.38
% change year-on-year -12.50% +15.10%  

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

For the 6 months to 24 March 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 8 (100.00%) Java
1 8 (100.00%) Credit Risk
2 6 (75.00%) Agile Software Development
3 5 (62.50%) Spring
3 5 (62.50%) Finance
3 5 (62.50%) SQL
4 4 (50.00%) Oracle
4 4 (50.00%) SQL Server
4 4 (50.00%) Web Services
4 4 (50.00%) Windows
4 4 (50.00%) N-Tier
4 4 (50.00%) Front Office
4 4 (50.00%) Grid Computing
5 3 (37.50%) TDD
5 3 (37.50%) Banking
5 3 (37.50%) Market Risk
5 3 (37.50%) Multithreading
5 3 (37.50%) Multithreaded Programming
5 3 (37.50%) Scala
5 3 (37.50%) Hadoop
5 3 (37.50%) DataSynapse
5 3 (37.50%) Oracle Coherence
5 3 (37.50%) Functional Programming
5 3 (37.50%) SDLC
6 2 (25.00%) DevOps
6 2 (25.00%) Project Planning
6 2 (25.00%) BDD
6 2 (25.00%) Change Management
6 2 (25.00%) Financial Institution
6 2 (25.00%) Scrum

Credit Risk Developer 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 3 (37.50%) DataSynapse
1 3 (37.50%) Oracle Coherence
Database & Business Intelligence
1 4 (50.00%) SQL Server
2 3 (37.50%) Hadoop
Development Applications
1 2 (25.00%) ClearCase
1 2 (25.00%) CruiseControl
1 2 (25.00%) NUnit
1 2 (25.00%) Subversion
1 2 (25.00%) Team Foundation Server
General
1 5 (62.50%) Finance
2 4 (50.00%) Front Office
3 3 (37.50%) Banking
4 2 (25.00%) Financial Institution
5 1 (12.50%) Investment Banking
Libraries, Frameworks & Software Standards
1 5 (62.50%) Spring
2 4 (50.00%) Web Services
3 1 (12.50%) Hibernate
3 1 (12.50%) J2SE
Miscellaneous
1 8 (100.00%) Credit Risk
2 4 (50.00%) Grid Computing
2 4 (50.00%) N-Tier
3 3 (37.50%) Market Risk
4 1 (12.50%) Fintech
4 1 (12.50%) Foreign Exchange (FX)
Operating Systems
1 4 (50.00%) Windows
Processes & Methodologies
1 6 (75.00%) Agile Software Development
2 3 (37.50%) Functional Programming
2 3 (37.50%) Multithreaded Programming
2 3 (37.50%) Multithreading
2 3 (37.50%) SDLC
2 3 (37.50%) TDD
3 2 (25.00%) BDD
3 2 (25.00%) Change Management
3 2 (25.00%) DevOps
3 2 (25.00%) Project Planning
3 2 (25.00%) Scrum
4 1 (12.50%) Data Management
4 1 (12.50%) E-Commerce
4 1 (12.50%) Economics
4 1 (12.50%) Low Latency
4 1 (12.50%) Pair Programming
4 1 (12.50%) Technical Analysis
Programming Languages
1 8 (100.00%) Java
2 5 (62.50%) SQL
3 3 (37.50%) Scala
Vendors
1 4 (50.00%) Oracle