Period
to 14 July 2020

The table below looks at the prevalence of the term Credit Risk in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Risk over the 6 months to 14 July 2020 with a comparison to the same period over 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
Central London > City of London
6 months to
14 Jul 2020
Same period 2019 Same period 2018
Rank 120 221 191
Rank change year-on-year +101 -30 -2
Contract jobs citing Credit Risk 23 21 69
As % of all contract jobs advertised in the City of London 0.87% 0.31% 0.96%
As % of the Miscellaneous category 2.48% 0.94% 2.37%
Number of daily rates quoted 18 17 62
Median daily rate £529 £575 £563
Median daily rate % change year-on-year -8.04% +2.22% -4.26%
10th Percentile £400 £470 £463
90th Percentile £733 £758 £652
Central London median daily rate £529 £550 £550
% change year-on-year -3.86% - -6.38%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
Central London median hourly rate - - -

Credit Risk is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 926 2,225 2,910
As % of all contract IT jobs advertised in the City of London 35.17% 33.35% 40.69%
Number of daily rates quoted 624 1,619 2,229
Median daily rate £520 £525 £525
Median daily rate % change year-on-year -0.95% - -
10th Percentile £306 £325 £313
90th Percentile £688 £688 £725
Central London median daily rate £505 £525 £520
% change year-on-year -3.81% +0.96% +4.00%
Number of hourly rates quoted 38 47 52
Median hourly rate £35.00 £20.00 £21.25
Median hourly rate % change year-on-year +75.00% -5.88% +11.84%
10th Percentile £12.42 £11.25 £13.31
90th Percentile £47.75 £47.76 £46.12
Median hourly rate £35.00 £20.25 £20.00
% change year-on-year +72.84% +1.25% +17.65%

Credit Risk
Job Vacancy Trend in the City of London

Job postings citing Credit Risk as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Credit Risk in the City of London

Credit Risk
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Credit Risk in the City of London.

Daily rate trend for Credit Risk in the City of London

Credit Risk
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Credit Risk in the City of London over the 6 months to 14 July 2020.

Daily rate histogram for Credit Risk in the City of London

Credit Risk
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Credit Risk in the City of London.

Hourly rate trend for Credit Risk in the City of London

For the 6 months to 14 July 2020, IT contractor jobs citing Credit Risk also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Credit Risk.

1 19 (82.61%) Finance
2 12 (52.17%) Banking
3 11 (47.83%) Market Risk
4 9 (39.13%) SQL
4 9 (39.13%) Python
5 8 (34.78%) Java
5 8 (34.78%) Investment Banking
6 7 (30.43%) Big Data
6 7 (30.43%) Risk Management
7 6 (26.09%) Analytics
7 6 (26.09%) Agile Software Development
7 6 (26.09%) Apache Spark
8 5 (21.74%) Thought Leadership
8 5 (21.74%) Legal
9 4 (17.39%) SQL Server
9 4 (17.39%) Data Modelling
9 4 (17.39%) Derivative
9 4 (17.39%) Multithreading
9 4 (17.39%) Scala
9 4 (17.39%) AWS
9 4 (17.39%) Apache Hive
10 3 (13.04%) Continuous Integration
10 3 (13.04%) Apache Avro
10 3 (13.04%) Hortonworks
10 3 (13.04%) Cloudera
10 3 (13.04%) MapR
10 3 (13.04%) Use Case
10 3 (13.04%) SQL Server Integration Services
10 3 (13.04%) Degree
10 3 (13.04%) Spring

Credit Risk
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 6 (26.09%) Apache Spark
2 3 (13.04%) Apache
3 2 (8.70%) Confluence
3 2 (8.70%) Elasticsearch
3 2 (8.70%) Tornado
4 1 (4.35%) Cloud Foundry
4 1 (4.35%) IBM HTTP Server
4 1 (4.35%) Tomcat
Applications
1 1 (4.35%) Microsoft Excel
Cloud Services
1 4 (17.39%) AWS
2 2 (8.70%) GCP
2 2 (8.70%) Power Platform
3 1 (4.35%) Azure
Communications & Networking
1 1 (4.35%) PuTTY
Database & Business Intelligence
1 7 (30.43%) Big Data
2 4 (17.39%) Apache Hive
2 4 (17.39%) SQL Server
3 3 (13.04%) Data Warehouse
3 3 (13.04%) Parquet
3 3 (13.04%) SQL Server Integration Services
4 2 (8.70%) Hadoop
4 2 (8.70%) Power BI
4 2 (8.70%) SQL Server 2016
4 2 (8.70%) SQL Server Analysis Services
4 2 (8.70%) SQL Server Reporting Services
5 1 (4.35%) Azure SQL Database
5 1 (4.35%) Biml
5 1 (4.35%) BusinessObjects
5 1 (4.35%) Relational Database
5 1 (4.35%) Snowflake Schema
Development Applications
1 2 (8.70%) Git (software)
1 2 (8.70%) GitLab
1 2 (8.70%) Hudson
1 2 (8.70%) Jenkins
1 2 (8.70%) JIRA
1 2 (8.70%) Maven
1 2 (8.70%) ProC
General
1 19 (82.61%) Finance
2 12 (52.17%) Banking
3 8 (34.78%) Investment Banking
4 5 (21.74%) Legal
5 3 (13.04%) Retail
6 2 (8.70%) Financial Institution
6 2 (8.70%) Front Office
6 2 (8.70%) Retail Banking
6 2 (8.70%) Telecoms
7 1 (4.35%) Back Office
7 1 (4.35%) International Banking
Job Titles
1 10 (43.48%) Developer
2 4 (17.39%) Analyst
2 4 (17.39%) Java Developer
3 3 (13.04%) Data Engineer
4 2 (8.70%) Architect
4 2 (8.70%) Business Analyst
4 2 (8.70%) Compliance Manager
4 2 (8.70%) Investment Banking Business Analyst
5 1 (4.35%) Business Intelligence Developer
5 1 (4.35%) C# Developer
5 1 (4.35%) Data Analyst
5 1 (4.35%) Data Warehouse Developer
5 1 (4.35%) Designer
5 1 (4.35%) Domain Architect
5 1 (4.35%) Market Risk Developer
5 1 (4.35%) Python Developer
5 1 (4.35%) Senior Quantitative Analyst
5 1 (4.35%) SQL Server Data Warehouse Developer
5 1 (4.35%) Technical Analyst
5 1 (4.35%) UI Developer
Libraries, Frameworks & Software Standards
1 3 (13.04%) .NET
1 3 (13.04%) Anaconda
1 3 (13.04%) Apache Avro
1 3 (13.04%) PySpark
1 3 (13.04%) Spring
2 2 (8.70%) CSS
2 2 (8.70%) CSS3
2 2 (8.70%) Elastic Stack
2 2 (8.70%) Flask
2 2 (8.70%) HTML
2 2 (8.70%) HTML5
2 2 (8.70%) Twisted
2 2 (8.70%) Web Services
3 1 (4.35%) ASP.NET
3 1 (4.35%) ASP.NET MVC
3 1 (4.35%) Managed Extensibility Framework
3 1 (4.35%) Pandas
3 1 (4.35%) REST
3 1 (4.35%) XML
3 1 (4.35%) XSLT
Miscellaneous
1 11 (47.83%) Market Risk
2 4 (17.39%) Derivative
3 2 (8.70%) Analytical Skills
3 2 (8.70%) Management Information System
3 2 (8.70%) Virtual Team
4 1 (4.35%) Credit Derivative
4 1 (4.35%) CUDA
4 1 (4.35%) Foreign Exchange (FX)
Operating Systems
1 2 (8.70%) Linux
Processes & Methodologies
1 7 (30.43%) Risk Management
2 6 (26.09%) Agile Software Development
2 6 (26.09%) Analytics
3 5 (21.74%) Thought Leadership
4 4 (17.39%) Data Modelling
4 4 (17.39%) Multithreading
5 3 (13.04%) Asset Management
5 3 (13.04%) Continuous Deployment
5 3 (13.04%) Continuous Integration
5 3 (13.04%) Problem-Solving
5 3 (13.04%) Scrum
5 3 (13.04%) Stakeholder Management
5 3 (13.04%) Use Case
6 2 (8.70%) Anti-Money Laundering
6 2 (8.70%) Coaching
6 2 (8.70%) Fraud Detection
6 2 (8.70%) Matrix Management
6 2 (8.70%) Performance Optimisation
6 2 (8.70%) Regulatory Compliance
6 2 (8.70%) Virtual Team Management
Programming Languages
1 9 (39.13%) Python
1 9 (39.13%) SQL
2 8 (34.78%) Java
3 4 (17.39%) Scala
4 3 (13.04%) C#
4 3 (13.04%) C++
4 3 (13.04%) Java 8
4 3 (13.04%) T-SQL
5 2 (8.70%) JavaScript
6 1 (4.35%) Data Analysis Expressions (DAX)
6 1 (4.35%) R
6 1 (4.35%) VBA
Qualifications
1 3 (13.04%) Degree
2 2 (8.70%) CCA
3 1 (4.35%) Master's Degree
3 1 (4.35%) PhD
3 1 (4.35%) TOGAF Certification
Quality Assurance & Compliance
1 2 (8.70%) Data Quality
2 1 (4.35%) GDPR
2 1 (4.35%) QA
2 1 (4.35%) SLA
Systems Management
1 2 (8.70%) Ansible
2 1 (4.35%) Control-M
Vendors
1 3 (13.04%) Cloudera
1 3 (13.04%) Hortonworks
1 3 (13.04%) MapR
2 2 (8.70%) Google
3 1 (4.35%) Informatica
3 1 (4.35%) Microsoft