Period
to 20 June 2018

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 20 June 2018 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
20 Jun 2018
Same period 2017 Same period 2016
Rank 188 181 183
Rank change year-on-year -7 +2 -25
Contract jobs citing Credit Risk 66 52 47
As % of all contract IT jobs advertised in the City of London 0.95% 0.84% 0.71%
As % of the Miscellaneous category 2.21% 2.07% 1.79%
Number of daily rates quoted 59 49 43
City of London median daily rate £550 £585 £588
Median daily rate % change year-on-year -5.98% -0.43% +2.17%
10th Percentile £429 £463 £433
90th Percentile £653 £678 £691
Central London median daily rate £550 £585 £588
% change year-on-year -5.98% -0.43% +2.40%
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 2,987 2,515 2,632
As % of all contract IT jobs advertised in the City of London 43.22% 40.52% 39.85%
Number of daily rates quoted 2,315 1,909 2,138
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £319 £307 £294
90th Percentile £717 £675 £675
Central London median daily rate £525 £500 £473
% change year-on-year +5.00% +5.82% +5.00%
Number of hourly rates quoted 52 23 44
City of London median hourly rate £20.63 £18.70 £19.00
Median hourly rate % change year-on-year +10.29% -1.58% -7.07%
10th Percentile £12.57 £12.51 £11.25
90th Percentile £48.06 £29.77 £45.43
Central London median hourly rate £20.00 £16.50 £19.00
% change year-on-year +21.21% -13.16% -7.07%

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 20 June 2018.

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 20 June 2018, 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 36 (54.55%) Banking
2 28 (42.42%) Front Office
3 27 (40.91%) Java
4 26 (39.39%) Finance
5 21 (31.82%) Functional Programming
6 18 (27.27%) SQL
6 18 (27.27%) Multithreading
7 15 (22.73%) Electronic Trading
7 15 (22.73%) Agile Software Development
7 15 (22.73%) Clojure
8 12 (18.18%) C#
8 12 (18.18%) Python
9 11 (16.67%) Risk Management
9 11 (16.67%) TDD
9 11 (16.67%) Investment Banking
9 11 (16.67%) Market Risk
9 11 (16.67%) Hazelcast
10 9 (13.64%) Linux
10 9 (13.64%) JavaScript
10 9 (13.64%) Oracle
10 9 (13.64%) Parallel Processing
10 9 (13.64%) BDD
10 9 (13.64%) Amazon AWS
10 9 (13.64%) Fintech
11 8 (12.12%) Marathon
11 8 (12.12%) Java 8
11 8 (12.12%) Parallel Computing
11 8 (12.12%) HTML5
11 8 (12.12%) Git (software)
11 8 (12.12%) MongoDB

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 8 (12.12%) Apache
1 8 (12.12%) Apache Spark
1 8 (12.12%) SAS
2 2 (3.03%) IBM HTTP Server
2 2 (3.03%) nginx
3 1 (1.52%) Tomcat
Applications
1 4 (6.06%) Microsoft Excel
2 1 (1.52%) Microsoft PowerPoint
2 1 (1.52%) MS Visio
Business Applications
1 1 (1.52%) Summit
Cloud Services
1 9 (13.64%) Amazon AWS
2 8 (12.12%) Heroku
3 1 (1.52%) Cloud Computing
Communications & Networking
1 8 (12.12%) DNS
1 8 (12.12%) FTP
1 8 (12.12%) HTTP
1 8 (12.12%) SSL
1 8 (12.12%) TCP/IP
2 1 (1.52%) Network Security
Database & Business Intelligence
1 11 (16.67%) Hazelcast
2 8 (12.12%) MongoDB
2 8 (12.12%) NoSQL
2 8 (12.12%) PostgreSQL
2 8 (12.12%) Redis
3 3 (4.55%) Oracle Database
4 2 (3.03%) SAS Enterprise Guide
4 2 (3.03%) SQL Server
4 2 (3.03%) SQL Server Integration Services
5 1 (1.52%) Base SAS
5 1 (1.52%) Data Mining
5 1 (1.52%) Data Warehouse
5 1 (1.52%) Relational Database
5 1 (1.52%) SQL Server Analysis Services
Development Applications
1 8 (12.12%) Git (software)
1 8 (12.12%) GitLab
2 1 (1.52%) JIRA
General
1 36 (54.55%) Banking
2 28 (42.42%) Front Office
3 26 (39.39%) Finance
4 11 (16.67%) Investment Banking
5 5 (7.58%) Marketing
6 3 (4.55%) Retail
7 2 (3.03%) Legal
7 2 (3.03%) Retail Banking
7 2 (3.03%) Retail Finance
8 1 (1.52%) Financial Institution
8 1 (1.52%) Games
Job Titles
1 44 (66.67%) Developer
2 23 (34.85%) Senior Developer
3 18 (27.27%) Credit Risk Developer
4 16 (24.24%) Java Developer
5 15 (22.73%) Credit Risk Java Developer
5 15 (22.73%) Senior Credit Risk Java Developer
5 15 (22.73%) Senior Java Developer
6 10 (15.15%) C# Developer
7 8 (12.12%) Analyst
7 8 (12.12%) Credit Analyst
7 8 (12.12%) Ruby Developer
8 7 (10.61%) Front Office Developer
9 6 (9.09%) Credit Risk Analyst
9 6 (9.09%) Risk Analyst
10 5 (7.58%) C# .NET Developer
10 5 (7.58%) Full Stack Developer
10 5 (7.58%) Market Risk Developer
10 5 (7.58%) Senior .NET Developer
10 5 (7.58%) Senior C# .NET Developer
10 5 (7.58%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 8 (12.12%) AngularJS
1 8 (12.12%) CSS
1 8 (12.12%) HTML
1 8 (12.12%) HTML5
1 8 (12.12%) Kafka
1 8 (12.12%) OAuth
1 8 (12.12%) OAuth2
1 8 (12.12%) RabbitMQ
1 8 (12.12%) React
1 8 (12.12%) REST
1 8 (12.12%) Ruby on Rails
1 8 (12.12%) SOAP
2 6 (9.09%) .NET
3 2 (3.03%) Boost C++ Libraries
3 2 (3.03%) Celery
3 2 (3.03%) Flask
3 2 (3.03%) NumPy
3 2 (3.03%) Pandas
3 2 (3.03%) XSLT
4 1 (1.52%) .NET Framework
Miscellaneous
1 11 (16.67%) Market Risk
2 9 (13.64%) Fintech
3 5 (7.58%) Derivative
4 4 (6.06%) Analytical Skills
5 3 (4.55%) Grid Computing
6 1 (1.52%) Enterprise Software
6 1 (1.52%) Fixed Income
6 1 (1.52%) OTC Derivatives
6 1 (1.52%) SWIFT
6 1 (1.52%) Virtual Team
Operating Systems
1 9 (13.64%) Linux
2 2 (3.03%) Windows
Processes & Methodologies
1 21 (31.82%) Functional Programming
2 18 (27.27%) Multithreading
3 15 (22.73%) Agile Software Development
3 15 (22.73%) Electronic Trading
4 11 (16.67%) Risk Management
4 11 (16.67%) TDD
5 9 (13.64%) BDD
5 9 (13.64%) Parallel Processing
6 8 (12.12%) Analytics
6 8 (12.12%) Microservices
6 8 (12.12%) OWASP
6 8 (12.12%) Parallel Computing
6 8 (12.12%) Stress Testing
7 5 (7.58%) Decision-Making
8 4 (6.06%) Credit Risk Modelling
8 4 (6.06%) Low Latency
8 4 (6.06%) Monte Carlo Method
8 4 (6.06%) Risk Analytics
8 4 (6.06%) Stakeholder Management
9 3 (4.55%) ETL
Programming Languages
1 27 (40.91%) Java
2 18 (27.27%) SQL
3 15 (22.73%) Clojure
4 12 (18.18%) C#
4 12 (18.18%) Python
5 9 (13.64%) JavaScript
6 8 (12.12%) ES6
6 8 (12.12%) Java 8
6 8 (12.12%) Ruby
7 4 (6.06%) C++
7 4 (6.06%) PL/SQL
8 3 (4.55%) Perl
8 3 (4.55%) VBA
9 2 (3.03%) MATLAB
10 1 (1.52%) R
10 1 (1.52%) TypeScript
Qualifications
1 4 (6.06%) Degree
2 2 (3.03%) CCA
2 2 (3.03%) Numerate Degree
3 1 (1.52%) PhD
3 1 (1.52%) SAS Certification
Quality Assurance & Compliance
1 4 (6.06%) IFRS
1 4 (6.06%) IFRS 9
System Software
1 8 (12.12%) Docker
Systems Management
1 8 (12.12%) Marathon
1 8 (12.12%) Mesos
2 3 (4.55%) Control-M
Vendors
1 9 (13.64%) Oracle
2 3 (4.55%) Informatica
3 2 (3.03%) Microsoft
4 1 (1.52%) Alteryx
4 1 (1.52%) Murex
4 1 (1.52%) SAP
4 1 (1.52%) Talend