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 3 months to 22 June 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
London / City of London
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 136 150 123
Rank change year-on-year +14 -27  
Contract jobs citing Credit Risk 29 19 93
As % of all contract IT jobs advertised in the City of London 0.88% 0.56% 1.60%
As % of the Miscellaneous category 2.10% 1.42% 4.26%
Number of daily rates quoted 28 18 85
Median daily rate £575 £588 £575
Median daily rate % change year-on-year -2.12% +2.17%  
90% offered a daily rate of more than £475 £438 £450
10% offered a daily rate of more than £675 £725 £650
UK excluding London median daily rate £400 £425 £450
% change year-on-year -5.88% -5.55%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Credit Risk is in the generic IT skills category. The next 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.

Generic IT Skills
City of London
Contract job vacancies with a requirement for generic IT skills 1379 1338 2182
As % of all contract IT job vacancies advertised in the City of London 41.84% 39.31% 37.54%
Number of daily rates quoted 1041 1120 1741
Median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.52% -  
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £675 £650 £635
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.02% +3.53%  
Number of hourly rates quoted 14 16 39
Median hourly rate £18.70 £17.50 £22.83
Median hourly rate % change year-on-year +6.82% -23.34%  
90% offered a hourly rate of more than £12.93 £12.50 £15.60
10% offered a hourly rate of more than £22.20 £65.00 £59.10
UK excluding London median hourly rate £25.00 £22.75 £18.69
% change year-on-year +9.89% +21.72%  

Credit Risk
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Credit Risk as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 3 months to 22 June 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 22 June 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 28 (53.85%) Finance
1 28 (53.85%) Agile Software Development
2 26 (50.00%) Banking
3 24 (46.15%) SQL
3 24 (46.15%) Market Risk
4 21 (40.38%) Java
5 16 (30.77%) Risk Management
6 15 (28.85%) SQL Server
7 13 (25.00%) TDD
7 13 (25.00%) Team Foundation Server
8 12 (23.08%) Scrum
9 11 (21.15%) Front Office
9 11 (21.15%) Multithreading
10 10 (19.23%) JIRA
10 10 (19.23%) Hadoop
10 10 (19.23%) Analytics
10 10 (19.23%) Dodd-Frank
10 10 (19.23%) Derivative
10 10 (19.23%) Microsoft
10 10 (19.23%) Oracle
11 9 (17.31%) .NET
11 9 (17.31%) Investment Banking
11 9 (17.31%) Collateral Management
11 9 (17.31%) BDD
11 9 (17.31%) Credit Risk Management
12 8 (15.38%) DevOps
12 8 (15.38%) Data Management
12 8 (15.38%) C#
13 7 (13.46%) Microsoft Office
13 7 (13.46%) Data Analytics

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 (9.62%) Apache Spark
2 4 (7.69%) Elasticsearch
3 3 (5.77%) Apache
3 3 (5.77%) DataSynapse
3 3 (5.77%) Oracle Coherence
4 1 (1.92%) JBoss
4 1 (1.92%) SAS
4 1 (1.92%) WebLogic
Applications
1 7 (13.46%) Microsoft Office
2 1 (1.92%) MS Visio
Business Applications
1 1 (1.92%) SAP Oil and Gas
Communications & Networking
1 1 (1.92%) Kerberos
Database & Business Intelligence
1 15 (28.85%) SQL Server
2 10 (19.23%) Hadoop
3 6 (11.54%) Big Data
4 5 (9.62%) BusinessObjects
5 4 (7.69%) Apache Cassandra
6 3 (5.77%) BusinessObjects XI
6 3 (5.77%) Crystal Reports
7 2 (3.85%) HBase
7 2 (3.85%) NoSQL
8 1 (1.92%) Oracle Database
8 1 (1.92%) Power BI
8 1 (1.92%) QlikView
8 1 (1.92%) RDBMS
8 1 (1.92%) Relational Database
8 1 (1.92%) SQL Server Reporting Services
Development Applications
1 13 (25.00%) Team Foundation Server
2 10 (19.23%) JIRA
3 6 (11.54%) Visual Studio
4 4 (7.69%) Jenkins
5 3 (5.77%) ClearCase
5 3 (5.77%) CruiseControl
5 3 (5.77%) NUnit
5 3 (5.77%) SpecFlow
5 3 (5.77%) Subversion
6 2 (3.85%) FitNesse
6 2 (3.85%) Git (software)
7 1 (1.92%) Atlassian Bamboo
General
1 28 (53.85%) Finance
2 26 (50.00%) Banking
3 11 (21.15%) Front Office
4 9 (17.31%) Investment Banking
5 3 (5.77%) Financial Institution
5 3 (5.77%) Japanese Language
6 2 (3.85%) Retail
6 2 (3.85%) Retail Banking
Job Titles
1 30 (57.69%) Developer
2 17 (32.69%) Java Developer
3 13 (25.00%) Analyst
4 9 (17.31%) Credit Risk Developer
4 9 (17.31%) Senior Developer
5 8 (15.38%) Risk Analyst
6 7 (13.46%) Credit Analyst
6 7 (13.46%) Credit Risk Analyst
7 6 (11.54%) Credit Risk Java Developer
7 6 (11.54%) Java Scala Developer
7 6 (11.54%) Scala Developer
7 6 (11.54%) Senior Analyst
8 5 (9.62%) C# Developer
8 5 (9.62%) IT Analyst
8 5 (9.62%) IT Risk Analyst
8 5 (9.62%) Market Risk Analyst
9 4 (7.69%) Market Risk Developer
9 4 (7.69%) Market Risk Java Developer
9 4 (7.69%) Oracle Developer
9 4 (7.69%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 9 (17.31%) .NET
2 7 (13.46%) Spring
3 6 (11.54%) Web Services
4 5 (9.62%) AngularJS
5 2 (3.85%) ASP.NET
5 2 (3.85%) HTML
5 2 (3.85%) RESTful
6 1 (1.92%) ASP.NET MVC
6 1 (1.92%) CSS
6 1 (1.92%) D3.js
6 1 (1.92%) Hibernate
6 1 (1.92%) HTML5
6 1 (1.92%) J2SE
6 1 (1.92%) JPA
6 1 (1.92%) RabbitMQ
6 1 (1.92%) Spring MVC
6 1 (1.92%) Spring Web Flow
6 1 (1.92%) WPF
Miscellaneous
1 24 (46.15%) Market Risk
2 10 (19.23%) Derivative
3 6 (11.54%) Computer Science
3 6 (11.54%) Foreign Exchange (FX)
4 5 (9.62%) Grid Computing
5 4 (7.69%) Credit Derivative
5 4 (7.69%) Mainframe
5 4 (7.69%) N-Tier
5 4 (7.69%) User Experience
6 3 (5.77%) Management Information System
7 2 (3.85%) Analytical Skills
7 2 (3.85%) Enterprise Software
7 2 (3.85%) Fintech
8 1 (1.92%) Equities
8 1 (1.92%) Fixed Income
8 1 (1.92%) Reference Data
8 1 (1.92%) Virtual Team
Operating Systems
1 4 (7.69%) Windows
2 3 (5.77%) Linux
2 3 (5.77%) Unix
Processes & Methodologies
1 28 (53.85%) Agile Software Development
2 16 (30.77%) Risk Management
3 13 (25.00%) TDD
4 12 (23.08%) Scrum
5 11 (21.15%) Multithreading
6 10 (19.23%) Analytics
7 9 (17.31%) BDD
7 9 (17.31%) Collateral Management
7 9 (17.31%) Credit Risk Management
8 8 (15.38%) Data Management
8 8 (15.38%) DevOps
9 7 (13.46%) Data Analytics
10 6 (11.54%) SDLC
11 5 (9.62%) Business Intelligence
11 5 (9.62%) Mathematics
11 5 (9.62%) Microservices
11 5 (9.62%) Migration
11 5 (9.62%) Stress Testing
11 5 (9.62%) Workflow
12 4 (7.69%) ETL
Programming Languages
1 24 (46.15%) SQL
2 21 (40.38%) Java
3 8 (15.38%) C#
4 7 (13.46%) Scala
5 3 (5.77%) PowerShell
5 3 (5.77%) VBA
6 1 (1.92%) C
6 1 (1.92%) C++
6 1 (1.92%) JavaScript
6 1 (1.92%) PL/SQL
6 1 (1.92%) Python
6 1 (1.92%) VB
Qualifications
1 7 (13.46%) Degree
2 6 (11.54%) Computer Science Degree
3 1 (1.92%) Numerate Degree
3 1 (1.92%) SAS Certification
Quality Assurance & Compliance
1 10 (19.23%) Dodd-Frank
2 3 (5.77%) IFRS
2 3 (5.77%) IFRS 9
3 1 (1.92%) EMIR
3 1 (1.92%) FATCA
3 1 (1.92%) MiFID
3 1 (1.92%) QA
3 1 (1.92%) Sarbanes-Oxley
System Software
1 1 (1.92%) GridGain
Systems Management
1 3 (5.77%) Dollar Universe
2 1 (1.92%) BladeLogic
2 1 (1.92%) Control-M
Vendors
1 10 (19.23%) Microsoft
1 10 (19.23%) Oracle
2 2 (3.85%) IBM
2 2 (3.85%) SAP
3 1 (1.92%) Atlassian
3 1 (1.92%) Calypso
3 1 (1.92%) Cloudera
3 1 (1.92%) Hyperion
3 1 (1.92%) Murex
3 1 (1.92%) Remedy
City, London
Crimson Ltd
Rate: £800 - £1000 per day
Posted: 5 days ago
City of London
Huxley
Rate: £550 - £700 per day + competitive
Posted: 6 days ago