Period
to 23 February 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 23 February 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
23 Feb 2018
Same period 2017 Same period 2016
Rank 174 175 165
Rank change year-on-year +1 -10 +37
Contract jobs citing Credit Risk 74 52 64
As % of all contract IT jobs advertised in the City of London 1.04% 0.85% 0.95%
As % of the Miscellaneous category 2.44% 2.16% 2.31%
Number of daily rates quoted 62 43 56
City of London median daily rate £606 £550 £525
Median daily rate % change year-on-year +10.23% +4.76% -3.45%
10th Percentile £465 £356 £413
90th Percentile £741 £675 £681
Central London median daily rate £600 £550 £525
% change year-on-year +9.09% +4.76% -3.45%
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 3,033 2,403 2,768
As % of all contract IT jobs advertised in the City of London 42.63% 39.19% 41.09%
Number of daily rates quoted 2,402 1,834 2,175
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £325 £313 £290
90th Percentile £725 £675 £675
Central London median daily rate £525 £494 £475
% change year-on-year +6.33% +3.95% +5.56%
Number of hourly rates quoted 46 25 46
City of London median hourly rate £21.88 £19.00 £19.50
Median hourly rate % change year-on-year +15.17% -2.55% +9.75%
10th Percentile £12.91 £13.25 £11.50
90th Percentile £48.38 £55.00 £34.20
Central London median hourly rate £21.63 £19.00 £19.50
% change year-on-year +13.82% -2.56% +11.43%

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 23 February 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 23 February 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 42 (56.76%) Finance
1 42 (56.76%) Banking
2 31 (41.89%) Front Office
3 29 (39.19%) SQL
4 27 (36.49%) Java
5 20 (27.03%) C#
6 19 (25.68%) Multithreading
7 18 (24.32%) Risk Management
8 17 (22.97%) Agile Software Development
8 17 (22.97%) Derivative
8 17 (22.97%) Market Risk
9 16 (21.62%) Electronic Trading
9 16 (21.62%) Microsoft
10 13 (17.57%) Python
10 13 (17.57%) Investment Banking
10 13 (17.57%) Hazelcast
11 12 (16.22%) Linux
11 12 (16.22%) C++
12 9 (12.16%) Scrum
12 9 (12.16%) Data Modelling
12 9 (12.16%) Virtual Team
13 8 (10.81%) TypeScript
13 8 (10.81%) Amazon AWS
13 8 (10.81%) High Availability
13 8 (10.81%) JavaScript
13 8 (10.81%) PL/SQL
13 8 (10.81%) VBA
13 8 (10.81%) Project Management
14 7 (9.46%) Windows
14 7 (9.46%) Business Analysis

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 (6.76%) SAS
2 4 (5.41%) nginx
3 3 (4.05%) Apache Spark
3 3 (4.05%) Oracle Coherence
4 1 (1.35%) Tomcat
Applications
1 6 (8.11%) Microsoft Excel
2 2 (2.70%) Microsoft Office
3 1 (1.35%) Microsoft PowerPoint
3 1 (1.35%) Spreadsheet
Business Applications
1 3 (4.05%) Summit
2 1 (1.35%) Oracle General Ledger
Cloud Services
1 8 (10.81%) Amazon AWS
2 1 (1.35%) SaaS
Communications & Networking
1 5 (6.76%) Network Security
2 1 (1.35%) SMS
Database & Business Intelligence
1 13 (17.57%) Hazelcast
2 7 (9.46%) MongoDB
2 7 (9.46%) NoSQL
3 5 (6.76%) Hadoop
3 5 (6.76%) HBase
4 4 (5.41%) SQL Server
5 3 (4.05%) Apache Cassandra
5 3 (4.05%) Big Data
5 3 (4.05%) Data Warehouse
5 3 (4.05%) MS Access
5 3 (4.05%) Spark SQL
6 2 (2.70%) SQL Server Integration Services
7 1 (1.35%) Base SAS
7 1 (1.35%) PostgreSQL
7 1 (1.35%) SAS Enterprise Guide
Development Applications
1 4 (5.41%) Cucumber
2 3 (4.05%) Git (software)
2 3 (4.05%) Maven
2 3 (4.05%) SonarQube
2 3 (4.05%) TeamCity
3 2 (2.70%) Moq
3 2 (2.70%) NUnit
4 1 (1.35%) Balsamiq Mockups
4 1 (1.35%) Bitbucket
4 1 (1.35%) FitNesse
4 1 (1.35%) Jenkins
4 1 (1.35%) JIRA
General
1 42 (56.76%) Banking
1 42 (56.76%) Finance
2 31 (41.89%) Front Office
3 13 (17.57%) Investment Banking
4 6 (8.11%) Financial Institution
5 2 (2.70%) Retail
5 2 (2.70%) Retail Banking
6 1 (1.35%) General Ledger
6 1 (1.35%) Marketing
6 1 (1.35%) Retail Finance
6 1 (1.35%) Wholesale Banking
Job Titles
1 35 (47.30%) Developer
2 21 (28.38%) Credit Risk Developer
3 19 (25.68%) Senior Developer
4 17 (22.97%) Java Developer
5 16 (21.62%) Credit Risk Java Developer
5 16 (21.62%) Senior Credit Risk Java Developer
5 16 (21.62%) Senior Java Developer
6 15 (20.27%) Analyst
7 12 (16.22%) Risk Analyst
8 11 (14.86%) Credit Analyst
8 11 (14.86%) Credit Risk Analyst
9 9 (12.16%) C# Developer
10 6 (8.11%) Business Analyst
10 6 (8.11%) C++ Developer
10 6 (8.11%) Project Manager
10 6 (8.11%) Python Developer
10 6 (8.11%) Risk Business Analyst
11 5 (6.76%) Architect
11 5 (6.76%) Risk Manager
11 5 (6.76%) Risk Project Manager
Libraries, Frameworks & Software Standards
1 6 (8.11%) .NET
2 5 (6.76%) Boost C++ Libraries
2 5 (6.76%) WPF
3 4 (5.41%) Celery
3 4 (5.41%) Flask
3 4 (5.41%) HTML
3 4 (5.41%) NumPy
3 4 (5.41%) Pandas
3 4 (5.41%) WCF
4 3 (4.05%) Akka
4 3 (4.05%) Apache Avro
4 3 (4.05%) COM
4 3 (4.05%) CSS
4 3 (4.05%) Gherkin
4 3 (4.05%) Kafka
4 3 (4.05%) OpenCL
4 3 (4.05%) RESTful
4 3 (4.05%) XML
5 2 (2.70%) .NET Framework
5 2 (2.70%) JMX
Miscellaneous
1 17 (22.97%) Derivative
1 17 (22.97%) Market Risk
2 9 (12.16%) Virtual Team
3 7 (9.46%) Enterprise Software
4 4 (5.41%) Fixed Income
5 3 (4.05%) Analytical Skills
5 3 (4.05%) Hedge funds
5 3 (4.05%) Interest Rate Derivative
5 3 (4.05%) Management Information System
6 2 (2.70%) Computer Science
6 2 (2.70%) Foreign Exchange (FX)
6 2 (2.70%) Greenfield Project
6 2 (2.70%) Grid Computing
6 2 (2.70%) OTC Derivatives
7 1 (1.35%) Credit Derivative
7 1 (1.35%) Equities
Operating Systems
1 12 (16.22%) Linux
2 7 (9.46%) Windows
3 4 (5.41%) Unix
Processes & Methodologies
1 19 (25.68%) Multithreading
2 18 (24.32%) Risk Management
3 17 (22.97%) Agile Software Development
4 16 (21.62%) Electronic Trading
5 9 (12.16%) Data Modelling
5 9 (12.16%) Scrum
6 8 (10.81%) High Availability
6 8 (10.81%) Project Management
7 7 (9.46%) Business Analysis
8 6 (8.11%) Functional Programming
8 6 (8.11%) SDLC
9 5 (6.76%) Analytics
9 5 (6.76%) Change Management
9 5 (6.76%) Continuous Integration
9 5 (6.76%) Credit Risk Management
9 5 (6.76%) Data Analysis
9 5 (6.76%) DevOps
9 5 (6.76%) Release Management
9 5 (6.76%) Stress Testing
9 5 (6.76%) Technical Analysis
Programming Languages
1 29 (39.19%) SQL
2 27 (36.49%) Java
3 20 (27.03%) C#
4 13 (17.57%) Python
5 12 (16.22%) C++
6 8 (10.81%) JavaScript
6 8 (10.81%) PL/SQL
6 8 (10.81%) TypeScript
6 8 (10.81%) VBA
7 7 (9.46%) Clojure
8 4 (5.41%) T-SQL
9 3 (4.05%) Bash Shell
9 3 (4.05%) PHP
9 3 (4.05%) Scala
10 2 (2.70%) MATLAB
11 1 (1.35%) Perl
11 1 (1.35%) R
Qualifications
1 4 (5.41%) Degree
1 4 (5.41%) Numerate Degree
2 2 (2.70%) PhD
3 1 (1.35%) SAS Certification
Quality Assurance & Compliance
1 3 (4.05%) Basel III
1 3 (4.05%) EMIR
1 3 (4.05%) FATCA
1 3 (4.05%) IFRS
1 3 (4.05%) IFRS 9
1 3 (4.05%) MiFID
1 3 (4.05%) Solvency II
2 1 (1.35%) Data Quality
System Software
1 3 (4.05%) Apache ZooKeeper
1 3 (4.05%) HDFS
Systems Management
1 3 (4.05%) Mesos
2 2 (2.70%) ITRS Geneos
3 1 (1.35%) Control-M
Vendors
1 16 (21.62%) Microsoft
2 6 (8.11%) Oracle
3 5 (6.76%) Murex
4 3 (4.05%) Calypso
4 3 (4.05%) Cognos
4 3 (4.05%) Sophis
5 2 (2.70%) Informatica
5 2 (2.70%) Splunk
5 2 (2.70%) Typemock
6 1 (1.35%) SAP
6 1 (1.35%) Sybase
6 1 (1.35%) Talend