Period
to 19 September 2019

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 19 September 2019 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
19 Sep 2019
Same period 2018 Same period 2017
Rank 210 194 190
Rank change year-on-year -16 -4 -8
Contract jobs citing Credit Risk 25 61 53
As % of all contract IT jobs advertised in the City of London 0.40% 0.87% 0.78%
As % of the Miscellaneous category 1.27% 2.17% 1.91%
Number of daily rates quoted 20 55 48
City of London median daily rate £675 £575 £580
Median daily rate % change year-on-year +17.39% -0.86% +0.87%
10th Percentile £499 £465 £463
90th Percentile £860 £641 £706
Central London median daily rate £675 £575 £580
% change year-on-year +17.39% -0.86% +0.87%
Number of hourly rates quoted 0 0 0
City of London 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 1,965 2,816 2,777
As % of all contract IT jobs advertised in the City of London 31.39% 40.22% 40.88%
Number of daily rates quoted 1,474 2,178 2,087
City of London median daily rate £525 £525 £525
10th Percentile £313 £313 £315
90th Percentile £688 £722 £700
Central London median daily rate £525 £515 £525
% change year-on-year +1.94% -1.90% +10.53%
Number of hourly rates quoted 39 52 35
City of London median hourly rate £20.50 £19.25 £21.16
Median hourly rate % change year-on-year +6.49% -9.00% +11.34%
10th Percentile £11.25 £13.31 £12.80
90th Percentile £52.10 £37.09 £33.25
Central London median hourly rate £20.50 £19.38 £19.00
% change year-on-year +5.81% +1.97% +9.35%

Credit Risk
Job Vacancy Trend in the City of London

Job postings citing Credit Risk as a percentage 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

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Credit Risk in the City of London.

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

Credit Risk
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Credit Risk in the City of London over the 6 months to 19 September 2019.

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

Credit Risk
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Credit Risk in the City of London.

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

For the 6 months to 19 September 2019, 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 17 (68.00%) Finance
2 11 (44.00%) Banking
3 10 (40.00%) Market Risk
3 10 (40.00%) Python
4 8 (32.00%) Front Office
4 8 (32.00%) Agile Software Development
4 8 (32.00%) Stress Testing
4 8 (32.00%) Backtesting
5 7 (28.00%) Analytical Skills
5 7 (28.00%) Risk Management
5 7 (28.00%) Validation
5 7 (28.00%) Foreign Exchange (FX)
5 7 (28.00%) C#
5 7 (28.00%) SQL
6 6 (24.00%) Mathematics
6 6 (24.00%) Analytics
6 6 (24.00%) Prototyping
7 5 (20.00%) Credit Risk Management
7 5 (20.00%) Performance Testing
8 4 (16.00%) Data Analysis
8 4 (16.00%) Business Analysis
8 4 (16.00%) Derivative
8 4 (16.00%) SAS
8 4 (16.00%) Degree
8 4 (16.00%) Data Analytics
9 3 (12.00%) Fintech
9 3 (12.00%) Risk Analytics
9 3 (12.00%) KYC
9 3 (12.00%) Project Management
9 3 (12.00%) Microsoft Office

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 4 (16.00%) SAS
Applications
1 3 (12.00%) Microsoft Office
2 2 (8.00%) Spreadsheet
Cloud Services
1 1 (4.00%) Power Platform
Database & Business Intelligence
1 1 (4.00%) Hadoop
1 1 (4.00%) Power BI
1 1 (4.00%) SQL Server Analysis Services
General
1 17 (68.00%) Finance
2 11 (44.00%) Banking
3 8 (32.00%) Front Office
4 3 (12.00%) Retail Banking
5 2 (8.00%) Financial Institution
5 2 (8.00%) Retail
6 1 (4.00%) Investment Banking
Job Titles
1 15 (60.00%) Analyst
2 10 (40.00%) Developer
3 8 (32.00%) Risk Analyst
4 6 (24.00%) Qualitative Analyst
4 6 (24.00%) Quantitative Analyst
5 5 (20.00%) Quantitative Developer
5 5 (20.00%) Quantitative Risk Analyst
6 4 (16.00%) Analyst Developer
6 4 (16.00%) Business Analyst
6 4 (16.00%) Developer Analyst
6 4 (16.00%) Quantitative Analyst Developer
7 3 (12.00%) Credit Analyst
7 3 (12.00%) Data Analyst
7 3 (12.00%) Onboarding Analyst
7 3 (12.00%) R Developer
7 3 (12.00%) Risk Manager
8 2 (8.00%) Project Manager
8 2 (8.00%) Risk Data Analyst
8 2 (8.00%) Risk Project Manager
9 1 (4.00%) Credit Risk Manager
Libraries, Frameworks & Software Standards
1 1 (4.00%) .NET
1 1 (4.00%) D3.js
1 1 (4.00%) HTML
Miscellaneous
1 10 (40.00%) Market Risk
2 7 (28.00%) Analytical Skills
2 7 (28.00%) Foreign Exchange (FX)
3 4 (16.00%) Derivative
4 1 (4.00%) Equities
4 1 (4.00%) Self-Motivation
Operating Systems
1 2 (8.00%) Linux
Processes & Methodologies
1 8 (32.00%) Agile Software Development
1 8 (32.00%) Backtesting
1 8 (32.00%) Stress Testing
2 7 (28.00%) Risk Management
2 7 (28.00%) Validation
3 6 (24.00%) Analytics
3 6 (24.00%) Mathematics
3 6 (24.00%) Prototyping
4 5 (20.00%) Credit Risk Management
4 5 (20.00%) Performance Testing
5 4 (16.00%) Business Analysis
5 4 (16.00%) Data Analysis
5 4 (16.00%) Data Analytics
6 3 (12.00%) Fintech
6 3 (12.00%) KYC
6 3 (12.00%) Physics
6 3 (12.00%) Project Management
6 3 (12.00%) Risk Analytics
6 3 (12.00%) Statistics
7 2 (8.00%) Stakeholder Management
Programming Languages
1 10 (40.00%) Python
2 7 (28.00%) C#
2 7 (28.00%) SQL
3 3 (12.00%) C++
4 1 (4.00%) Data Analysis Expressions (DAX)
4 1 (4.00%) Java
4 1 (4.00%) JavaScript
4 1 (4.00%) MATLAB
4 1 (4.00%) VB
4 1 (4.00%) VBA
Qualifications
1 4 (16.00%) Degree
2 2 (8.00%) PhD
3 1 (4.00%) Computer Science Degree
Quality Assurance & Compliance
1 1 (4.00%) Basel II
1 1 (4.00%) Basel III
1 1 (4.00%) IFRS
1 1 (4.00%) IFRS 9
Vendors
1 1 (4.00%) Microsoft
1 1 (4.00%) Oracle
1 1 (4.00%) Tableau