Period
to

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 12 August 2022 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
12 Aug 2022
Same period 2021 Same period 2020
Rank 169 114 110
Rank change year-on-year -55 -4 +112
Contract jobs citing Credit Risk 31 57 21
As % of all contract jobs advertised in the City of London 0.68% 1.64% 0.97%
As % of the Miscellaneous category 2.03% 4.15% 2.85%
Number of daily rates quoted 12 44 16
10th Percentile £538 £513 £391
25th Percentile £666 £575 £416
Median daily rate (50th Percentile) £725 £625 £504
Median % change year-on-year +15.96% +24.07% -19.40%
75th Percentile £759 £689 £571
90th Percentile £872 £748 £694
Central London median daily rate £725 £625 £504
% change year-on-year +15.96% +24.07% -14.26%

Credit Risk is in the General and Transferable 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 Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,528 1,374 736
As % of all contract IT jobs advertised in the City of London 33.75% 39.62% 33.98%
Number of daily rates quoted 1,014 973 507
10th Percentile £369 £385 £325
25th Percentile £485 £475 £419
Median daily rate (50th Percentile) £585 £600 £525
Median % change year-on-year -2.50% +14.29% -
75th Percentile £713 £688 £625
90th Percentile £813 £761 £713
Central London median daily rate £575 £600 £525
% change year-on-year -4.13% +14.24% -
Number of hourly rates quoted 25 24 29
10th Percentile £18.50 £8.00 £12.69
25th Percentile £21.25 £12.38 £18.50
Median hourly rate £43.24 £27.00 £37.75
Median % change year-on-year +60.15% -28.48% +84.15%
75th Percentile £55.75 £37.75 £43.70
90th Percentile £64.15 £42.93 £47.75
Central London median hourly rate £43.24 £23.50 £37.63
% change year-on-year +84.00% -37.54% +80.63%

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 12 August 2022.

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 12 August 2022, 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 29 (93.55%) Finance
2 21 (67.74%) Banking
3 17 (54.84%) Agile
4 15 (48.39%) AOP
4 15 (48.39%) Data Protection
4 15 (48.39%) Hedge funds
4 15 (48.39%) Financial Institution
4 15 (48.39%) Legal
4 15 (48.39%) Scrum
4 15 (48.39%) GDPR
5 14 (45.16%) Investment Banking
6 13 (41.94%) TeamCity
7 12 (38.71%) Git (software)
8 11 (35.48%) Analytics
8 11 (35.48%) JIRA
8 11 (35.48%) Market Risk
9 10 (32.26%) SQL
9 10 (32.26%) Python
10 9 (29.03%) Oracle
10 9 (29.03%) C#
10 9 (29.03%) Microservices
11 8 (25.81%) Analytical Skills
11 8 (25.81%) Social Skills
11 8 (25.81%) Java
11 8 (25.81%) Microsoft
11 8 (25.81%) Kanban
12 7 (22.58%) Azure
12 7 (22.58%) Continuous Integration
12 7 (22.58%) Front Office
12 7 (22.58%) Grid Computing

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 5 (16.13%) IBM HTTP Server
1 5 (16.13%) Tomcat
1 5 (16.13%) WebLogic
2 3 (9.68%) Apache Pig
2 3 (9.68%) Apache Spark
3 1 (3.23%) Apache
3 1 (3.23%) Confluence
Applications
1 1 (3.23%) Microsoft Excel
1 1 (3.23%) Microsoft Office
Cloud Services
1 7 (22.58%) Azure
2 4 (12.90%) Amazon EC2
3 2 (6.45%) AWS
3 2 (6.45%) Cloud Computing
4 1 (3.23%) Amazon S3
4 1 (3.23%) AWS Lambda
4 1 (3.23%) Serverless
4 1 (3.23%) Virtual Private Cloud
Communications & Networking
1 1 (3.23%) Kerberos
Database & Business Intelligence
1 7 (22.58%) Oracle Database
1 7 (22.58%) SQL Server
2 4 (12.90%) Big Data
2 4 (12.90%) Data Lake
2 4 (12.90%) Data Warehouse
2 4 (12.90%) Oracle Database 11g
2 4 (12.90%) Oracle Database 12c
2 4 (12.90%) RDBMS
2 4 (12.90%) Relational Database
3 3 (9.68%) Apache Hive
3 3 (9.68%) HBase
4 2 (6.45%) Hazelcast
5 1 (3.23%) Apache Ignite
5 1 (3.23%) Hadoop
5 1 (3.23%) HDInsight
5 1 (3.23%) PostgreSQL
5 1 (3.23%) Tableau
Development Applications
1 13 (41.94%) TeamCity
2 12 (38.71%) Git (software)
3 11 (35.48%) JIRA
4 4 (12.90%) Subversion
4 4 (12.90%) Visual Studio
5 3 (9.68%) Eclipse
5 3 (9.68%) IntelliJ
6 1 (3.23%) Jenkins
6 1 (3.23%) Visual Studio Team System
General
1 29 (93.55%) Finance
2 21 (67.74%) Banking
3 15 (48.39%) Financial Institution
3 15 (48.39%) Legal
4 14 (45.16%) Investment Banking
5 8 (25.81%) Analytical Skills
5 8 (25.81%) Social Skills
6 7 (22.58%) Front Office
7 5 (16.13%) International Banking
Job Titles
1 19 (61.29%) Developer
2 5 (16.13%) Analyst
3 4 (12.90%) .NET Developer
3 4 (12.90%) Oracle Developer
4 3 (9.68%) Big Data Developer
4 3 (9.68%) C# Developer
4 3 (9.68%) Full Stack Developer
4 3 (9.68%) PL/SQL Developer
4 3 (9.68%) SQL Developer
5 2 (6.45%) Architect
5 2 (6.45%) Business Analyst
5 2 (6.45%) Finance Business Analyst
5 2 (6.45%) Financial Analyst
5 2 (6.45%) Functional Analyst
5 2 (6.45%) Project Manager
5 2 (6.45%) Risk Manager
5 2 (6.45%) Risk Project Manager
5 2 (6.45%) Senior Developer
6 1 (3.23%) Solutions Architect
6 1 (3.23%) Technical Project Manager
Libraries, Frameworks & Software Standards
1 7 (22.58%) .NET
2 4 (12.90%) .NET Core
2 4 (12.90%) Spring
3 3 (9.68%) AngularJS
3 3 (9.68%) HTML
3 3 (9.68%) HTML5
3 3 (9.68%) J2EE
3 3 (9.68%) RabbitMQ
4 2 (6.45%) ASP.NET
4 2 (6.45%) JMS
4 2 (6.45%) Kafka
4 2 (6.45%) WCF
4 2 (6.45%) WF
5 1 (3.23%) CSS
5 1 (3.23%) REST
5 1 (3.23%) RESTful
5 1 (3.23%) Web Services
5 1 (3.23%) XML
Miscellaneous
1 15 (48.39%) Hedge funds
2 11 (35.48%) Market Risk
3 7 (22.58%) Grid Computing
4 4 (12.90%) Legacy Code
4 4 (12.90%) Reference Data
5 3 (9.68%) Algorithms
5 3 (9.68%) Data Structures
6 2 (6.45%) Derivative
7 1 (3.23%) Equities
7 1 (3.23%) N-Tier
Operating Systems
1 1 (3.23%) Linux
1 1 (3.23%) Windows
Processes & Methodologies
1 17 (54.84%) Agile
2 15 (48.39%) AOP
2 15 (48.39%) Data Protection
2 15 (48.39%) Scrum
3 11 (35.48%) Analytics
4 9 (29.03%) Microservices
5 8 (25.81%) Kanban
6 7 (22.58%) Continuous Integration
6 7 (22.58%) Scaled Agile Framework
7 6 (19.35%) Risk Analytics
7 6 (19.35%) Test Automation
8 5 (16.13%) Problem-Solving
8 5 (16.13%) Refactoring
8 5 (16.13%) TDD
9 4 (12.90%) Business Transformation
9 4 (12.90%) Credit Risk Analytics
9 4 (12.90%) Integration Testing
9 4 (12.90%) Performance Tuning
9 4 (12.90%) Software Testing
9 4 (12.90%) Unit Testing
Programming Languages
1 10 (32.26%) Python
1 10 (32.26%) SQL
2 9 (29.03%) C#
3 8 (25.81%) Java
4 4 (12.90%) PL/SQL
5 3 (9.68%) C
5 3 (9.68%) JavaScript
5 3 (9.68%) Scala
Qualifications
1 1 (3.23%) APMP
Quality Assurance & Compliance
1 15 (48.39%) GDPR
2 1 (3.23%) Basel II
2 1 (3.23%) IFRS
2 1 (3.23%) IFRS 9
System Software
1 7 (22.58%) Docker
Systems Management
1 4 (12.90%) Control-M
2 2 (6.45%) Kubernetes
Vendors
1 9 (29.03%) Oracle
2 8 (25.81%) Microsoft