Period
to 25 July 2021

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 25 July 2021 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
25 Jul 2021
Same period 2020 Same period 2019
Rank 107 116 230
Rank change year-on-year +9 +114 -37
Contract jobs citing Credit Risk 58 22 21
As % of all contract jobs advertised in the City of London 1.72% 0.91% 0.32%
As % of the Miscellaneous category 4.34% 2.80% 1.02%
Number of daily rates quoted 44 16 18
10th Percentile £408 £409 £484
25th Percentile £575 £431 £508
Median daily rate (50th Percentile) £625 £533 £613
Median % change year-on-year +17.37% -13.06% +6.52%
75th Percentile £688 £669 £713
90th Percentile £738 £738 £785
Central London median daily rate £625 £533 £575
% change year-on-year +17.37% -7.39% -

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 1,336 786 2,049
As % of all contract IT jobs advertised in the City of London 39.57% 32.43% 31.09%
Number of daily rates quoted 949 551 1,538
10th Percentile £381 £306 £350
25th Percentile £463 £413 £444
Median daily rate (50th Percentile) £590 £525 £525
Median % change year-on-year +12.38% - -
75th Percentile £688 £625 £625
90th Percentile £750 £700 £682
Central London median daily rate £590 £525 £525
% change year-on-year +12.38% - -
Number of hourly rates quoted 24 32 43
10th Percentile £8.00 £12.42 £11.25
25th Percentile £12.38 £16.88 £13.13
Median hourly rate £23.50 £36.75 £20.50
Median % change year-on-year -36.05% +79.27% +2.50%
75th Percentile £35.56 £40.93 £37.50
90th Percentile £40.90 £47.75 £46.44
Central London median hourly rate £21.75 £36.00 £20.67
% change year-on-year -39.58% +74.21% +3.33%

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 25 July 2021.

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 25 July 2021, 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 41 (70.69%) Banking
2 31 (53.45%) Finance
3 26 (44.83%) Market Risk
4 23 (39.66%) Agile Software Development
5 22 (37.93%) SQL
6 17 (29.31%) Front Office
7 16 (27.59%) TDD
8 14 (24.14%) Data Warehouse
9 13 (22.41%) Investment Banking
10 12 (20.69%) C#
10 12 (20.69%) Risk Management
11 11 (18.97%) .NET
12 10 (17.24%) Java
12 10 (17.24%) SDLC
13 9 (15.52%) R
13 9 (15.52%) Python
14 8 (13.79%) Validation
14 8 (13.79%) Azure
14 8 (13.79%) Docker
14 8 (13.79%) DevOps
15 7 (12.07%) Analytics
15 7 (12.07%) Model Validation
15 7 (12.07%) Documentation Skills
15 7 (12.07%) C++
15 7 (12.07%) VBA
15 7 (12.07%) Spring
15 7 (12.07%) Statistical Analysis
15 7 (12.07%) Swaptions
16 6 (10.34%) Business Intelligence
16 6 (10.34%) Stakeholder Management

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 2 (3.45%) SAS
2 1 (1.72%) Oracle SOA Suite
2 1 (1.72%) Tomcat
2 1 (1.72%) WebLogic
Applications
1 1 (1.72%) Microsoft Office
Business Applications
1 1 (1.72%) Loan IQ
Cloud Services
1 8 (13.79%) Azure
2 1 (1.72%) Azure Pipelines
2 1 (1.72%) OpenShift
2 1 (1.72%) Power Platform
Database & Business Intelligence
1 14 (24.14%) Data Warehouse
2 5 (8.62%) SQL Server Integration Services
3 2 (3.45%) Oracle Database
3 2 (3.45%) Oracle Database 11g
3 2 (3.45%) Oracle Database 12c
3 2 (3.45%) RDBMS
3 2 (3.45%) Relational Database
4 1 (1.72%) Azure SQL Data Warehouse
4 1 (1.72%) Azure SQL Database
4 1 (1.72%) Hazelcast
4 1 (1.72%) Power BI
4 1 (1.72%) Tableau
Development Applications
1 4 (6.90%) JIRA
1 4 (6.90%) Maven
2 3 (5.17%) Git (software)
3 2 (3.45%) Jenkins
4 1 (1.72%) TeamCity
General
1 41 (70.69%) Banking
2 31 (53.45%) Finance
3 17 (29.31%) Front Office
4 13 (22.41%) Investment Banking
5 7 (12.07%) Documentation Skills
6 6 (10.34%) Financial Institution
7 5 (8.62%) Social Skills
8 2 (3.45%) Analytical Skills
9 1 (1.72%) Influencing Skills
9 1 (1.72%) International Banking
9 1 (1.72%) Private Banking
Job Titles
1 28 (48.28%) Developer
2 18 (31.03%) Analyst
3 15 (25.86%) Risk Analyst
4 10 (17.24%) C# Developer
5 7 (12.07%) Credit Risk Developer
6 6 (10.34%) Java Developer
6 6 (10.34%) Qualitative Analyst
6 6 (10.34%) Quantitative Analyst
6 6 (10.34%) Quantitative Risk Analyst
7 5 (8.62%) Azure Developer
7 5 (8.62%) Business Analyst
7 5 (8.62%) Oracle Developer
8 4 (6.90%) Banking Analyst
8 4 (6.90%) Business IT Analyst
8 4 (6.90%) Credit Analyst
8 4 (6.90%) IT Manager
8 4 (6.90%) IT Project Manager
8 4 (6.90%) Project Manager
8 4 (6.90%) Senior Developer
8 4 (6.90%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 11 (18.97%) .NET
2 7 (12.07%) Spring
3 6 (10.34%) Spring Boot
4 3 (5.17%) WCF
5 1 (1.72%) .NET Framework
5 1 (1.72%) AngularJS
5 1 (1.72%) ASP.NET
5 1 (1.72%) Flash
5 1 (1.72%) HTML
5 1 (1.72%) HTML5
5 1 (1.72%) JMS
5 1 (1.72%) Kafka
5 1 (1.72%) WPF
Miscellaneous
1 26 (44.83%) Market Risk
2 7 (12.07%) Swaptions
3 6 (10.34%) Grid Computing
4 5 (8.62%) Fixed Income
5 4 (6.90%) Enterprise Cloud
5 4 (6.90%) PMI
6 3 (5.17%) Derivative
6 3 (5.17%) Taxonomies
7 2 (3.45%) Equities
7 2 (3.45%) Management Information System
8 1 (1.72%) Data Structures
8 1 (1.72%) Enterprise Software
Operating Systems
1 4 (6.90%) Linux
1 4 (6.90%) Unix
2 2 (3.45%) Windows
Processes & Methodologies
1 23 (39.66%) Agile Software Development
2 16 (27.59%) TDD
3 12 (20.69%) Risk Management
4 10 (17.24%) SDLC
5 8 (13.79%) DevOps
5 8 (13.79%) Validation
6 7 (12.07%) Analytics
6 7 (12.07%) Model Validation
6 7 (12.07%) Statistical Analysis
7 6 (10.34%) Business Intelligence
7 6 (10.34%) Stakeholder Management
8 5 (8.62%) Data Analysis
8 5 (8.62%) Project Management
8 5 (8.62%) Risk Analytics
8 5 (8.62%) Visualisation
9 4 (6.90%) Business Analysis
9 4 (6.90%) Data Migration
9 4 (6.90%) Kalman Filter
9 4 (6.90%) Low Latency
9 4 (6.90%) Resource Management
Programming Languages
1 22 (37.93%) SQL
2 12 (20.69%) C#
3 10 (17.24%) Java
4 9 (15.52%) Python
4 9 (15.52%) R
5 7 (12.07%) C++
5 7 (12.07%) VBA
6 2 (3.45%) PL/SQL
6 2 (3.45%) VB
7 1 (1.72%) Java 8
7 1 (1.72%) JavaScript
7 1 (1.72%) PowerShell
Qualifications
1 4 (6.90%) PMI Certification
2 1 (1.72%) Degree
Quality Assurance & Compliance
1 3 (5.17%) GRC
2 1 (1.72%) Basel III
2 1 (1.72%) IFRS
2 1 (1.72%) IFRS 9
System Software
1 8 (13.79%) Docker
2 2 (3.45%) Platform Symphony
Systems Management
1 6 (10.34%) Kubernetes
2 1 (1.72%) Control-M
Vendors
1 5 (8.62%) Oracle
2 1 (1.72%) Bloomberg
2 1 (1.72%) Microsoft
2 1 (1.72%) Murex