Period
to 16 December 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 16 December 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
16 Dec 2018
Same period 2017 Same period 2016
Rank 222 185 183
Rank change year-on-year -37 -2 -40
Contract jobs citing Credit Risk 35 66 57
As % of all contract IT jobs advertised in the City of London 0.50% 0.92% 0.87%
As % of the Miscellaneous category 1.20% 2.16% 2.17%
Number of daily rates quoted 32 57 46
City of London median daily rate £588 £600 £545
Median daily rate % change year-on-year -2.08% +10.09% -0.91%
10th Percentile £435 £496 £355
90th Percentile £722 £763 £738
Central London median daily rate £588 £600 £545
% change year-on-year -2.08% +10.09% -0.91%
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 2,917 3,057 2,631
As % of all contract IT jobs advertised in the City of London 41.34% 42.78% 40.27%
Number of daily rates quoted 2,251 2,399 2,011
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% -
10th Percentile £285 £319 £313
90th Percentile £713 £725 £675
Central London median daily rate £525 £525 £475
% change year-on-year - +10.53% -
Number of hourly rates quoted 60 37 30
City of London median hourly rate £19.25 £22.50 £19.00
Median hourly rate % change year-on-year -14.44% +18.42% -2.56%
10th Percentile £13.31 £13.19 £12.73
90th Percentile £33.41 £33.69 £55.00
Central London median hourly rate £19.25 £21.62 £18.73
% change year-on-year -10.96% +15.46% -3.97%

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 16 December 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 16 December 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 17 (48.57%) C#
1 17 (48.57%) Finance
2 11 (31.43%) Banking
3 10 (28.57%) SQL
4 9 (25.71%) Front Office
5 8 (22.86%) Agile Software Development
5 8 (22.86%) Monte Carlo Method
5 8 (22.86%) Multithreading
6 7 (20.00%) Market Risk
6 7 (20.00%) Analytical Skills
6 7 (20.00%) Java
7 6 (17.14%) Change Control
7 6 (17.14%) Technical Analysis
8 5 (14.29%) TDD
9 4 (11.43%) Validation
9 4 (11.43%) SQL Server
9 4 (11.43%) Electronic Trading
9 4 (11.43%) Problem-Solving
10 3 (8.57%) Decision-Making
10 3 (8.57%) SDLC
10 3 (8.57%) Defect Management
10 3 (8.57%) Software Delivery
10 3 (8.57%) SpecFlow
10 3 (8.57%) Web Application Development
10 3 (8.57%) Parallel Processing
10 3 (8.57%) Manual Testing
10 3 (8.57%) Waterfall
10 3 (8.57%) Marketing
10 3 (8.57%) Software Engineering
10 3 (8.57%) C++

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 (5.71%) Apache
1 2 (5.71%) Apache Spark
1 2 (5.71%) SAS
Applications
1 2 (5.71%) Microsoft Excel
2 1 (2.86%) SPSS
Cloud Services
1 2 (5.71%) Amazon AWS
1 2 (5.71%) Heroku
Communications & Networking
1 2 (5.71%) DNS
1 2 (5.71%) FTP
1 2 (5.71%) HTTP
1 2 (5.71%) SSL
1 2 (5.71%) TCP/IP
Database & Business Intelligence
1 4 (11.43%) SQL Server
2 2 (5.71%) MongoDB
2 2 (5.71%) NoSQL
2 2 (5.71%) PostgreSQL
2 2 (5.71%) Redis
3 1 (2.86%) SQL Server Integration Services
Development Applications
1 3 (8.57%) SpecFlow
2 2 (5.71%) Git (software)
2 2 (5.71%) GitLab
General
1 17 (48.57%) Finance
2 11 (31.43%) Banking
3 9 (25.71%) Front Office
4 3 (8.57%) Marketing
5 1 (2.86%) Financial Institution
5 1 (2.86%) Legal
5 1 (2.86%) Retail
Job Titles
1 20 (57.14%) Developer
2 10 (28.57%) C# Developer
3 6 (17.14%) Analyst
4 5 (14.29%) Credit Risk Developer
5 4 (11.43%) Credit Risk Java Developer
5 4 (11.43%) Java Developer
5 4 (11.43%) Senior Credit Risk Java Developer
5 4 (11.43%) Senior Developer
5 4 (11.43%) Senior Java Developer
6 3 (8.57%) Development Manager
6 3 (8.57%) Software Development Manager
6 3 (8.57%) Software Manager
7 2 (5.71%) Administrator
7 2 (5.71%) Data Administrator
7 2 (5.71%) Ruby Developer
7 2 (5.71%) Test Analyst
8 1 (2.86%) Applications Support
8 1 (2.86%) Senior Analyst
8 1 (2.86%) Software Tester
8 1 (2.86%) Support Analyst
Libraries, Frameworks & Software Standards
1 2 (5.71%) .NET
1 2 (5.71%) AngularJS
1 2 (5.71%) CSS
1 2 (5.71%) HTML
1 2 (5.71%) HTML5
1 2 (5.71%) Kafka
1 2 (5.71%) OAuth
1 2 (5.71%) OAuth2
1 2 (5.71%) RabbitMQ
1 2 (5.71%) React
1 2 (5.71%) REST
1 2 (5.71%) Ruby on Rails
1 2 (5.71%) SOAP
2 1 (2.86%) ASP.NET
2 1 (2.86%) Velocity
2 1 (2.86%) WCF
Miscellaneous
1 7 (20.00%) Analytical Skills
1 7 (20.00%) Market Risk
2 2 (5.71%) Fintech
3 1 (2.86%) Derivative
3 1 (2.86%) Fixed Income
3 1 (2.86%) Foreign Exchange (FX)
3 1 (2.86%) Grid Computing
Operating Systems
1 3 (8.57%) Linux
2 1 (2.86%) Windows
Processes & Methodologies
1 8 (22.86%) Agile Software Development
1 8 (22.86%) Monte Carlo Method
1 8 (22.86%) Multithreading
2 6 (17.14%) Change Control
2 6 (17.14%) Technical Analysis
3 5 (14.29%) TDD
4 4 (11.43%) Electronic Trading
4 4 (11.43%) Problem-Solving
4 4 (11.43%) Validation
5 3 (8.57%) Decision-Making
5 3 (8.57%) Defect Management
5 3 (8.57%) Manual Testing
5 3 (8.57%) Parallel Processing
5 3 (8.57%) Risk Management
5 3 (8.57%) Scrum
5 3 (8.57%) SDLC
5 3 (8.57%) Software Delivery
5 3 (8.57%) Software Engineering
5 3 (8.57%) Waterfall
5 3 (8.57%) Web Application Development
Programming Languages
1 17 (48.57%) C#
2 10 (28.57%) SQL
3 7 (20.00%) Java
4 3 (8.57%) C++
4 3 (8.57%) Python
5 2 (5.71%) ES6
5 2 (5.71%) Java 8
5 2 (5.71%) JavaScript
5 2 (5.71%) R
5 2 (5.71%) Ruby
5 2 (5.71%) VBA
6 1 (2.86%) PowerShell
Qualifications
1 2 (5.71%) PhD
2 1 (2.86%) Degree
Quality Assurance & Compliance
1 2 (5.71%) IFRS
1 2 (5.71%) IFRS 9
System Software
1 2 (5.71%) Docker
2 1 (2.86%) Active Directory
Systems Management
1 2 (5.71%) Marathon
1 2 (5.71%) Mesos
Vendors
1 3 (8.57%) Microsoft
2 1 (2.86%) Tableau