Period
to 19 October 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 19 October 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
19 Oct 2021
Same period 2020 Same period 2019
Rank 123 99 201
Rank change year-on-year -24 +102 +5
Contract jobs citing Credit Risk 51 15 27
As % of all contract jobs advertised in the City of London 1.31% 0.84% 0.45%
As % of the Miscellaneous category 3.44% 2.35% 1.52%
Number of daily rates quoted 38 13 22
10th Percentile £553 £407 £501
25th Percentile £575 £431 £516
Median daily rate (50th Percentile) £625 £533 £675
Median % change year-on-year +17.37% -21.11% +17.39%
75th Percentile £700 £550 £747
90th Percentile £785 £713 £848
Central London median daily rate £625 £533 £675
% change year-on-year +17.37% -21.11% +17.39%

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 1,482 638 1,781
As % of all contract IT jobs advertised in the City of London 38.12% 35.74% 30.01%
Number of daily rates quoted 1,098 442 1,367
10th Percentile £381 £306 £311
25th Percentile £494 £413 £425
Median daily rate (50th Percentile) £600 £525 £525
Median % change year-on-year +14.29% - -
75th Percentile £688 £625 £625
90th Percentile £775 £715 £700
Central London median daily rate £600 £525 £525
% change year-on-year +14.29% - -
Number of hourly rates quoted 26 23 33
10th Percentile £8.00 £15.50 £11.35
25th Percentile £19.44 £24.13 £12.76
Median hourly rate £33.45 £36.00 £20.50
Median % change year-on-year -7.08% +75.61% +6.49%
75th Percentile £42.63 £46.00 £23.75
90th Percentile £61.75 £47.75 £48.67
Central London median hourly rate £34.50 £35.50 £20.67
% change year-on-year -2.82% +71.79% +6.66%

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 19 October 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 19 October 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 38 (74.51%) Banking
2 25 (49.02%) Market Risk
2 25 (49.02%) SQL
3 24 (47.06%) Agile Software Development
4 22 (43.14%) Finance
5 15 (29.41%) Front Office
6 13 (25.49%) Investment Banking
6 13 (25.49%) C#
7 12 (23.53%) .NET
7 12 (23.53%) Data Warehouse
7 12 (23.53%) TDD
8 10 (19.61%) R
9 8 (15.69%) Azure
9 8 (15.69%) DevOps
9 8 (15.69%) Model Validation
9 8 (15.69%) Documentation Skills
9 8 (15.69%) Validation
9 8 (15.69%) C++
9 8 (15.69%) VBA
9 8 (15.69%) Statistical Analysis
9 8 (15.69%) Swaptions
10 7 (13.73%) Fixed Income
10 7 (13.73%) SDLC
11 6 (11.76%) Risk Management
11 6 (11.76%) Java
11 6 (11.76%) Derivative
12 5 (9.80%) SQL Server Integration Services
12 5 (9.80%) JIRA
12 5 (9.80%) Oracle
13 4 (7.84%) Social Skills

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 (3.92%) Apache Spark
1 2 (3.92%) SAS
2 1 (1.96%) Apache Airflow
2 1 (1.96%) Elasticsearch
2 1 (1.96%) IBM HTTP Server
2 1 (1.96%) Oracle SOA Suite
2 1 (1.96%) Tomcat
2 1 (1.96%) WebLogic
Applications
1 1 (1.96%) Microsoft Office
Business Applications
1 1 (1.96%) Loan IQ
Cloud Services
1 8 (15.69%) Azure
2 1 (1.96%) Amazon EC2
2 1 (1.96%) Amazon EMR
2 1 (1.96%) Amazon S3
2 1 (1.96%) AWS
2 1 (1.96%) AWS Lambda
2 1 (1.96%) Azure Pipelines
2 1 (1.96%) GCP
2 1 (1.96%) Power Platform
2 1 (1.96%) Serverless
Communications & Networking
1 1 (1.96%) LAN
1 1 (1.96%) Multicast
1 1 (1.96%) WAN
Database & Business Intelligence
1 12 (23.53%) Data Warehouse
2 5 (9.80%) SQL Server Integration Services
3 2 (3.92%) Oracle Database
3 2 (3.92%) Oracle Database 11g
3 2 (3.92%) Oracle Database 12c
3 2 (3.92%) RDBMS
3 2 (3.92%) Relational Database
4 1 (1.96%) Amazon Athena
4 1 (1.96%) Amazon RDS
4 1 (1.96%) Apache Hive
4 1 (1.96%) Azure SQL Data Warehouse
4 1 (1.96%) Azure SQL Database
4 1 (1.96%) Big Data
4 1 (1.96%) BigQuery
4 1 (1.96%) Dremio
4 1 (1.96%) Hadoop
4 1 (1.96%) Hazelcast
4 1 (1.96%) NoSQL
4 1 (1.96%) Power BI
4 1 (1.96%) Tableau
Development Applications
1 5 (9.80%) JIRA
2 4 (7.84%) Git (software)
3 3 (5.88%) Jenkins
4 1 (1.96%) git-flow
4 1 (1.96%) TeamCity
General
1 38 (74.51%) Banking
2 22 (43.14%) Finance
3 15 (29.41%) Front Office
4 13 (25.49%) Investment Banking
5 8 (15.69%) Documentation Skills
6 4 (7.84%) Social Skills
7 2 (3.92%) Financial Institution
7 2 (3.92%) International Banking
8 1 (1.96%) Analytical Skills
8 1 (1.96%) Influencing Skills
8 1 (1.96%) Organisational Skills
8 1 (1.96%) Private Banking
Job Titles
1 24 (47.06%) Developer
2 17 (33.33%) Analyst
3 15 (29.41%) Risk Analyst
4 11 (21.57%) C# Developer
5 8 (15.69%) Credit Risk Developer
5 8 (15.69%) Qualitative Analyst
5 8 (15.69%) Quantitative Analyst
5 8 (15.69%) Quantitative Risk Analyst
6 7 (13.73%) Market Risk Analyst
7 6 (11.76%) Market Analyst
8 5 (9.80%) Azure Developer
8 5 (9.80%) Banking Analyst
8 5 (9.80%) Oracle Developer
9 4 (7.84%) Business Analyst
9 4 (7.84%) SSIS Developer
10 3 (5.88%) Python Developer
10 3 (5.88%) Risk Business Analyst
10 3 (5.88%) SQL Developer
11 2 (3.92%) Data Modeller
11 2 (3.92%) IT Project Manager
Libraries, Frameworks & Software Standards
1 12 (23.53%) .NET
2 4 (7.84%) WCF
3 3 (5.88%) Spring
4 2 (3.92%) AngularJS
4 2 (3.92%) HTML
4 2 (3.92%) HTML5
4 2 (3.92%) Spring Boot
5 1 (1.96%) .NET Framework
5 1 (1.96%) ASP.NET
5 1 (1.96%) CSS
5 1 (1.96%) CSS3
5 1 (1.96%) Elastic Stack
5 1 (1.96%) JMS
5 1 (1.96%) Kafka
5 1 (1.96%) PySpark
5 1 (1.96%) WPF
Miscellaneous
1 25 (49.02%) Market Risk
2 8 (15.69%) Swaptions
3 7 (13.73%) Fixed Income
4 6 (11.76%) Derivative
5 4 (7.84%) Equities
6 3 (5.88%) Grid Computing
7 2 (3.92%) Enterprise Cloud
7 2 (3.92%) Foreign Exchange (FX)
7 2 (3.92%) PMI
7 2 (3.92%) Taxonomies
8 1 (1.96%) Data Structures
8 1 (1.96%) Enterprise Software
8 1 (1.96%) Management Information System
Operating Systems
1 3 (5.88%) Windows
2 1 (1.96%) Linux
Processes & Methodologies
1 24 (47.06%) Agile Software Development
2 12 (23.53%) TDD
3 8 (15.69%) DevOps
3 8 (15.69%) Model Validation
3 8 (15.69%) Statistical Analysis
3 8 (15.69%) Validation
4 7 (13.73%) SDLC
5 6 (11.76%) Risk Management
6 4 (7.84%) Business Analysis
6 4 (7.84%) Business Intelligence
6 4 (7.84%) Project Management
7 3 (5.88%) Analytics
7 3 (5.88%) Change Management
7 3 (5.88%) Data Modelling
7 3 (5.88%) Scrum
7 3 (5.88%) Stakeholder Management
8 2 (3.92%) ETL
8 2 (3.92%) Performance Tuning
8 2 (3.92%) PRINCE2
8 2 (3.92%) Resource Management
Programming Languages
1 25 (49.02%) SQL
2 13 (25.49%) C#
3 10 (19.61%) R
4 8 (15.69%) C++
4 8 (15.69%) VBA
5 6 (11.76%) Java
6 4 (7.84%) Python
7 2 (3.92%) PL/SQL
7 2 (3.92%) VB
8 1 (1.96%) JavaScript
8 1 (1.96%) PowerShell
8 1 (1.96%) TypeScript
Qualifications
1 2 (3.92%) PMI Certification
2 1 (1.96%) CFA
Quality Assurance & Compliance
1 2 (3.92%) GRC
1 2 (3.92%) QA
2 1 (1.96%) Basel III
2 1 (1.96%) IFRS
2 1 (1.96%) IFRS 9
2 1 (1.96%) PMO
System Software
1 3 (5.88%) Docker
1 3 (5.88%) Platform Symphony
Systems Management
1 2 (3.92%) Kubernetes
2 1 (1.96%) Ansible
2 1 (1.96%) Control-M
2 1 (1.96%) Kibana
2 1 (1.96%) Terraform
Vendors
1 5 (9.80%) Oracle
2 2 (3.92%) Murex
3 1 (1.96%) Microsoft