Period
to 23 November 2017

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 23 November 2017 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
23 Nov 2017
Same period 2016 Same period 2015
Rank 181 180 131
Rank change year-on-year -1 -49 +55
Contract jobs citing Credit Risk 67 62 152
As % of all contract IT jobs advertised in the City of London 0.94% 0.93% 1.68%
As % of the Miscellaneous category 2.16% 2.27% 4.26%
Number of daily rates quoted 58 51 138
City of London median daily rate £588 £550 £550
Median daily rate % change year-on-year +6.82% - -
10th Percentile £497 £358 £413
90th Percentile £704 £738 £675
Central London median daily rate £588 £550 £550
% change year-on-year +6.82% - -
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - £60.00 -

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 3100 2736 3571
As % of all contract IT jobs advertised in the City of London 43.42% 40.85% 39.48%
Number of daily rates quoted 2410 2129 2836
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £725 £675 £664
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 36 30 55
City of London median hourly rate £22.75 £19.00 £20.00
Median hourly rate % change year-on-year +19.74% -5.00% +14.29%
10th Percentile £13.16 £11.25 £12.00
90th Percentile £33.81 £55.00 £42.15
Central London median hourly rate £21.71 £18.45 £20.00
% change year-on-year +17.66% -7.75% +14.29%

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 23 November 2017.

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 23 November 2017, IT contractor jobs citing Credit Risk also mentioned the following 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 with a requirement for Credit Risk.

1 41 (61.19%) Finance
2 37 (55.22%) Banking
3 35 (52.24%) SQL
4 24 (35.82%) Agile Software Development
5 23 (34.33%) Java
6 20 (29.85%) Front Office
7 18 (26.87%) Derivative
8 17 (25.37%) C#
8 17 (25.37%) Market Risk
9 16 (23.88%) Investment Banking
10 14 (20.90%) Risk Management
11 13 (19.40%) Microsoft
11 13 (19.40%) Multithreading
12 12 (17.91%) Scrum
13 10 (14.93%) Windows
13 10 (14.93%) Linux
14 9 (13.43%) DevOps
15 8 (11.94%) Hadoop
15 8 (11.94%) C++
15 8 (11.94%) .NET
15 8 (11.94%) Oracle
15 8 (11.94%) Data Modelling
15 8 (11.94%) TDD
15 8 (11.94%) Virtual Team
16 7 (10.45%) Grid Computing
16 7 (10.45%) Financial Institution
16 7 (10.45%) Business Intelligence
16 7 (10.45%) SQL Server
16 7 (10.45%) JavaScript
16 7 (10.45%) PL/SQL

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 (8.96%) Apache Spark
2 3 (4.48%) Oracle Coherence
2 3 (4.48%) SAS
3 2 (2.99%) Apache
3 2 (2.99%) nginx
3 2 (2.99%) Tomcat
Applications
1 5 (7.46%) Microsoft Office
2 4 (5.97%) Microsoft Excel
3 1 (1.49%) Spreadsheet
Business Applications
1 1 (1.49%) Oracle General Ledger
Cloud Services
1 7 (10.45%) Amazon AWS
2 1 (1.49%) Cloud Computing
2 1 (1.49%) SaaS
Communications & Networking
1 4 (5.97%) Network Security
2 1 (1.49%) Kerberos
2 1 (1.49%) SMS
Database & Business Intelligence
1 8 (11.94%) Hadoop
2 7 (10.45%) NoSQL
2 7 (10.45%) SQL Server
3 6 (8.96%) HBase
3 6 (8.96%) MongoDB
4 5 (7.46%) Apache Cassandra
4 5 (7.46%) Big Data
5 3 (4.48%) BusinessObjects
5 3 (4.48%) BusinessObjects XI
5 3 (4.48%) Crystal Reports
5 3 (4.48%) Spark SQL
6 2 (2.99%) Data Warehouse
6 2 (2.99%) Hazelcast
6 2 (2.99%) MS Access
7 1 (1.49%) PostgreSQL
7 1 (1.49%) Power BI
7 1 (1.49%) SQL Server Integration Services
7 1 (1.49%) SQL Server Reporting Services
Development Applications
1 5 (7.46%) Cucumber
2 4 (5.97%) Git (software)
2 4 (5.97%) NUnit
2 4 (5.97%) Team Foundation Server
3 3 (4.48%) Maven
3 3 (4.48%) SonarQube
3 3 (4.48%) TeamCity
4 2 (2.99%) ClearCase
4 2 (2.99%) CruiseControl
4 2 (2.99%) FitNesse
4 2 (2.99%) Jenkins
4 2 (2.99%) JIRA
4 2 (2.99%) Moq
4 2 (2.99%) SpecFlow
4 2 (2.99%) Subversion
5 1 (1.49%) Balsamiq Mockups
5 1 (1.49%) Bitbucket
5 1 (1.49%) Selenium
5 1 (1.49%) Visual Studio
General
1 41 (61.19%) Finance
2 37 (55.22%) Banking
3 20 (29.85%) Front Office
4 16 (23.88%) Investment Banking
5 7 (10.45%) Financial Institution
6 3 (4.48%) Japanese Language
7 1 (1.49%) General Ledger
7 1 (1.49%) Marketing
7 1 (1.49%) Wholesale Banking
Job Titles
1 34 (50.75%) Developer
2 16 (23.88%) Credit Risk Developer
3 14 (20.90%) Java Developer
4 12 (17.91%) Analyst
5 11 (16.42%) Senior Developer
6 7 (10.45%) Credit Risk Java Developer
6 7 (10.45%) Senior Java Developer
7 6 (8.96%) C# Developer
7 6 (8.96%) Credit Analyst
7 6 (8.96%) Python Developer
7 6 (8.96%) Risk Analyst
7 6 (8.96%) Senior Credit Risk Java Developer
8 5 (7.46%) Architect
8 5 (7.46%) C++ Developer
8 5 (7.46%) Credit Risk Analyst
8 5 (7.46%) Project Manager
8 5 (7.46%) Risk Manager
8 5 (7.46%) Risk Project Manager
9 4 (5.97%) Agile Developer
9 4 (5.97%) Business Analyst
Libraries, Frameworks & Software Standards
1 8 (11.94%) .NET
2 5 (7.46%) WPF
3 4 (5.97%) RESTful
4 3 (4.48%) Akka
4 3 (4.48%) Apache Avro
4 3 (4.48%) Boost C++ Libraries
4 3 (4.48%) Gherkin
4 3 (4.48%) HTML
4 3 (4.48%) Kafka
4 3 (4.48%) OpenCL
4 3 (4.48%) Spring
4 3 (4.48%) WCF
5 2 (2.99%) Celery
5 2 (2.99%) CSS
5 2 (2.99%) Flask
5 2 (2.99%) JMX
5 2 (2.99%) LINQ
5 2 (2.99%) Pandas
5 2 (2.99%) Web Services
5 2 (2.99%) XML
Miscellaneous
1 18 (26.87%) Derivative
2 17 (25.37%) Market Risk
3 8 (11.94%) Virtual Team
4 7 (10.45%) Grid Computing
5 5 (7.46%) Enterprise Software
6 4 (5.97%) OTC Derivatives
7 3 (4.48%) Analytical Skills
7 3 (4.48%) Interest Rate Derivative
7 3 (4.48%) Management Information System
7 3 (4.48%) N-Tier
8 2 (2.99%) Computer Science
8 2 (2.99%) Credit Derivative
8 2 (2.99%) Foreign Exchange (FX)
8 2 (2.99%) Greenfield Project
9 1 (1.49%) Equities
9 1 (1.49%) Fixed Income
Operating Systems
1 10 (14.93%) Linux
1 10 (14.93%) Windows
2 6 (8.96%) Unix
Processes & Methodologies
1 24 (35.82%) Agile Software Development
2 14 (20.90%) Risk Management
3 13 (19.40%) Multithreading
4 12 (17.91%) Scrum
5 9 (13.43%) DevOps
6 8 (11.94%) Data Modelling
6 8 (11.94%) TDD
7 7 (10.45%) Business Intelligence
7 7 (10.45%) High Availability
7 7 (10.45%) SDLC
8 6 (8.96%) Analytics
9 5 (7.46%) Continuous Integration
9 5 (7.46%) Data Management
9 5 (7.46%) Electronic Trading
9 5 (7.46%) ETL
10 4 (5.97%) Data Analysis
10 4 (5.97%) Greeks
10 4 (5.97%) Project Management
10 4 (5.97%) Project Planning
10 4 (5.97%) Release Management
Programming Languages
1 35 (52.24%) SQL
2 23 (34.33%) Java
3 17 (25.37%) C#
4 8 (11.94%) C++
5 7 (10.45%) JavaScript
5 7 (10.45%) PL/SQL
5 7 (10.45%) Python
5 7 (10.45%) TypeScript
6 6 (8.96%) Scala
7 5 (7.46%) VBA
8 3 (4.48%) Bash Shell
8 3 (4.48%) T-SQL
9 2 (2.99%) PHP
10 1 (1.49%) Clojure
10 1 (1.49%) MATLAB
10 1 (1.49%) Perl
10 1 (1.49%) R
10 1 (1.49%) VB
Qualifications
1 2 (2.99%) Degree
1 2 (2.99%) Numerate Degree
2 1 (1.49%) PhD
Quality Assurance & Compliance
1 1 (1.49%) Basel III
1 1 (1.49%) Data Quality
1 1 (1.49%) Dodd-Frank
1 1 (1.49%) PMO
System Software
1 3 (4.48%) Apache ZooKeeper
1 3 (4.48%) HDFS
2 1 (1.49%) GridGain
Systems Management
1 3 (4.48%) Mesos
2 2 (2.99%) Control-M
2 2 (2.99%) ITRS Geneos
Vendors
1 13 (19.40%) Microsoft
2 8 (11.94%) Oracle
3 2 (2.99%) Cognos
3 2 (2.99%) Informatica
3 2 (2.99%) Murex
3 2 (2.99%) Splunk
3 2 (2.99%) Typemock
4 1 (1.49%) Sybase