Period
to 21 May 2019

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 21 May 2019 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
21 May 2019
Same period 2018 Same period 2017
Rank 217 183 183
Rank change year-on-year -34 0 -7
Contract jobs citing Credit Risk 17 71 43
As % of all contract IT jobs advertised in the City of London 0.26% 1.03% 0.70%
As % of the Miscellaneous category 0.69% 2.42% 1.82%
Number of daily rates quoted 15 64 39
City of London median daily rate £658 £575 £588
Median daily rate % change year-on-year +14.35% -2.13% +6.82%
10th Percentile £473 £463 £411
90th Percentile £713 £660 £675
Central London median daily rate £613 £575 £588
% change year-on-year +6.52% -2.13% +6.82%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 2,460 2,933 2,358
As % of all contract IT jobs advertised in the City of London 38.17% 42.38% 38.56%
Number of daily rates quoted 1,821 2,265 1,797
City of London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £338 £313 £306
90th Percentile £688 £717 £675
Central London median daily rate £525 £520 £500
% change year-on-year +0.96% +4.00% +5.26%
Number of hourly rates quoted 43 53 19
City of London median hourly rate £19.25 £21.50 £19.00
Median hourly rate % change year-on-year -10.47% +13.16% -
10th Percentile £11.25 £13.25 £12.80
90th Percentile £48.26 £52.45 £35.00
Central London median hourly rate £19.50 £21.00 £17.22
% change year-on-year -7.14% +21.95% -9.37%

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 21 May 2019.

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 21 May 2019, 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 10 (58.82%) Finance
2 9 (52.94%) Banking
3 7 (41.18%) Agile Software Development
4 5 (29.41%) Business Analysis
5 4 (23.53%) Derivative
5 4 (23.53%) Python
5 4 (23.53%) SQL
5 4 (23.53%) C#
5 4 (23.53%) Retail Banking
6 3 (17.65%) Stress Testing
6 3 (17.65%) C++
6 3 (17.65%) Java
6 3 (17.65%) Linux
6 3 (17.65%) Project Management
6 3 (17.65%) Market Risk
7 2 (11.76%) Waterfall
7 2 (11.76%) R
7 2 (11.76%) Big Data
7 2 (11.76%) Web Application Development
7 2 (11.76%) Data Analysis
7 2 (11.76%) Microsoft Excel
7 2 (11.76%) Microsoft
7 2 (11.76%) VBA
7 2 (11.76%) Financial Institution
7 2 (11.76%) Front Office
7 2 (11.76%) Advertising
7 2 (11.76%) Validation
7 2 (11.76%) Stakeholder Management
7 2 (11.76%) Fixed Income
7 2 (11.76%) SDLC

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 1 (5.88%) Apache
1 1 (5.88%) Oracle Coherence
Applications
1 2 (11.76%) Microsoft Excel
Database & Business Intelligence
1 2 (11.76%) Big Data
2 1 (5.88%) Apache Ignite
2 1 (5.88%) Hazelcast
General
1 10 (58.82%) Finance
2 9 (52.94%) Banking
3 4 (23.53%) Retail Banking
4 2 (11.76%) Advertising
4 2 (11.76%) Financial Institution
4 2 (11.76%) Front Office
Job Titles
1 7 (41.18%) Analyst
2 6 (35.29%) Developer
3 4 (23.53%) Business Analyst
4 3 (17.65%) Credit Analyst
4 3 (17.65%) Project Manager
4 3 (17.65%) Risk Manager
4 3 (17.65%) Risk Project Manager
5 2 (11.76%) Credit Risk Manager
5 2 (11.76%) Credit Risk Project Manager
5 2 (11.76%) Development Manager
5 2 (11.76%) Financial Analyst
5 2 (11.76%) Java Developer
5 2 (11.76%) Onboarding Analyst
5 2 (11.76%) Project Analyst
5 2 (11.76%) Risk Analyst
5 2 (11.76%) Risk Business Analyst
5 2 (11.76%) Software Development Manager
5 2 (11.76%) Software Manager
6 1 (5.88%) C# Developer
6 1 (5.88%) SQL Developer
Libraries, Frameworks & Software Standards
1 1 (5.88%) .NET
1 1 (5.88%) AngularJS
Miscellaneous
1 4 (23.53%) Derivative
2 3 (17.65%) Market Risk
3 2 (11.76%) Analytical Skills
3 2 (11.76%) Fintech
3 2 (11.76%) Fixed Income
4 1 (5.88%) Foreign Exchange (FX)
4 1 (5.88%) Self-Motivation
4 1 (5.88%) Virtual Team
Operating Systems
1 3 (17.65%) Linux
2 1 (5.88%) Windows
Processes & Methodologies
1 7 (41.18%) Agile Software Development
2 5 (29.41%) Business Analysis
3 3 (17.65%) Project Management
3 3 (17.65%) Stress Testing
4 2 (11.76%) Data Analysis
4 2 (11.76%) Defect Management
4 2 (11.76%) Financial Modelling
4 2 (11.76%) KYC
4 2 (11.76%) Scorecard
4 2 (11.76%) SDLC
4 2 (11.76%) Software Delivery
4 2 (11.76%) Stakeholder Management
4 2 (11.76%) Validation
4 2 (11.76%) Waterfall
4 2 (11.76%) Web Application Development
5 1 (5.88%) Concurrent Programming
5 1 (5.88%) Economics
5 1 (5.88%) Microservices
5 1 (5.88%) Problem-Solving
5 1 (5.88%) System Integration Testing
Programming Languages
1 4 (23.53%) C#
1 4 (23.53%) Python
1 4 (23.53%) SQL
2 3 (17.65%) C++
2 3 (17.65%) Java
3 2 (11.76%) R
3 2 (11.76%) VBA
4 1 (5.88%) Java 8
Qualifications
1 1 (5.88%) Degree
Vendors
1 2 (11.76%) Microsoft