Period
to 21 November 2017

The median contractor rate for a Credit Risk Analyst was £588 per day in advertised job vacancies in England during the 6 months to 21 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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 Analyst
UK > England
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 789 807 767
Rank change year-on-year +18 -40 -22
Contract jobs requiring a Credit Risk Analyst 66 64 98
As % of all contract IT jobs advertised in England 0.070% 0.066% 0.094%
As % of the Job Titles category 0.073% 0.069% 0.099%
Number of daily rates quoted 52 49 77
England median daily rate £588 £450 £500
Median daily rate % change year-on-year +30.56% -10.00% +2.56%
10th Percentile £356 £348 £358
90th Percentile £913 £638 £625
UK median daily rate £575 £438 £500
% change year-on-year +31.43% -12.50% +5.26%
Number of hourly rates quoted 0 0 1
England median hourly rate - - £60.00
UK median hourly rate - - £60.00

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
England
Contract vacancies in England with a recognized job title 89873 92200 98570
% of contract IT jobs with a recognized job title 94.75% 94.76% 94.99%
Number of daily rates quoted 59900 60696 63752
England median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £256 £250
90th Percentile £625 £600 £600
UK median daily rate £450 £425 £400
% change year-on-year +5.88% +6.25% -
Number of hourly rates quoted 2662 2972 3818
England median hourly rate £18.50 £18.50 £18.00
Median hourly rate % change year-on-year - +2.78% +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.00 £45.00
UK median hourly rate £18.69 £18.03 £18.00
% change year-on-year +3.66% +0.17% +9.09%

Credit Risk Analyst
Job Vacancy Trend in England

Job postings that featured Credit Risk Analyst in the job title as a percentage of all IT jobs advertised in England.

Job vacancy trend for Credit Risk Analyst in England

Credit Risk Analyst
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Credit Risk Analyst in England.

Contractor daily rate trend for Credit Risk Analyst in England

Credit Risk Analyst
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Credit Risk Analyst in England over the 6 months to 21 November 2017.

Contractor daily rate histogram for Credit Risk Analyst in England

Credit Risk Analyst
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Credit Risk Analyst in England.

Contractor hourly rate trend for Credit Risk Analyst in England

Credit Risk Analyst
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Risk Analyst within the England region over the 6 months to 21 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -12 55 £650 +40.54% 9
South East +3 6 £363 -14.71%
North of England +53 3 £500 +18.34% 2
Yorkshire +24 2 £448 +5.92% 1
North West +22 1 £500 - 1
Midlands +16 1 £500 +11.11%
South West -10 1 £363 +20.83%
East Midlands - 1 £500 -
Credit Risk Analyst
UK

Credit Risk Analyst Skill Set
Top 30 Co-occurring IT Skills in England

For the 6 months to 21 November 2017, Credit Risk Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region featuring Credit Risk Analyst in the job title.

1 66 (100.00%) Credit Risk
2 40 (60.61%) Finance
3 28 (42.42%) Banking
4 27 (40.91%) Credit Risk Modelling
5 25 (37.88%) Mathematics
6 24 (36.36%) Derivative
7 20 (30.30%) Validation
7 20 (30.30%) Stochastic Modelling
7 20 (30.30%) QA
8 19 (28.79%) Physics
8 19 (28.79%) C#
8 19 (28.79%) C++
8 19 (28.79%) Benchmarking
8 19 (28.79%) Internal Audit
8 19 (28.79%) Quantitative Finance
9 16 (24.24%) Data Modelling
9 16 (24.24%) Stakeholder Management
10 15 (22.73%) Microsoft Excel
11 13 (19.70%) Data Analysis
12 11 (16.67%) SAS
12 11 (16.67%) Project Management
12 11 (16.67%) Risk Management
13 10 (15.15%) VBA
13 10 (15.15%) Data Management
13 10 (15.15%) SDLC
14 9 (13.64%) Analytical Skills
14 9 (13.64%) Agile Software Development
14 9 (13.64%) Retail Banking
14 9 (13.64%) SQL
14 9 (13.64%) XML

Credit Risk Analyst Skill Set
Co-occurring IT Skills in England 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 11 (16.67%) SAS
2 1 (1.52%) Confluence
Applications
1 15 (22.73%) Microsoft Excel
2 7 (10.61%) Microsoft PowerPoint
2 7 (10.61%) MS Visio
Communications & Networking
1 1 (1.52%) SMS
Database & Business Intelligence
1 8 (12.12%) MS Access
2 5 (7.58%) SQL Server
3 1 (1.52%) Data Warehouse
Development Applications
1 3 (4.55%) JIRA
2 2 (3.03%) Balsamiq Mockups
3 1 (1.52%) Atlassian Bamboo
General
1 40 (60.61%) Finance
2 28 (42.42%) Banking
3 9 (13.64%) Retail Banking
4 8 (12.12%) Investment Banking
5 3 (4.55%) Front Office
6 2 (3.03%) Private Banking
6 2 (3.03%) Retail
7 1 (1.52%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 9 (13.64%) XML
2 8 (12.12%) CSS
2 8 (12.12%) HTML
Miscellaneous
1 66 (100.00%) Credit Risk
2 24 (36.36%) Derivative
3 9 (13.64%) Analytical Skills
4 7 (10.61%) Market Risk
5 2 (3.03%) Fintech
5 2 (3.03%) Greenfield Project
6 1 (1.52%) Computer Science
6 1 (1.52%) Foreign Exchange (FX)
6 1 (1.52%) Management Information System
Operating Systems
1 1 (1.52%) Linux
1 1 (1.52%) Unix
1 1 (1.52%) Windows
Processes & Methodologies
1 27 (40.91%) Credit Risk Modelling
2 25 (37.88%) Mathematics
3 20 (30.30%) Stochastic Modelling
3 20 (30.30%) Validation
4 19 (28.79%) Benchmarking
4 19 (28.79%) Internal Audit
4 19 (28.79%) Physics
4 19 (28.79%) Quantitative Finance
5 16 (24.24%) Data Modelling
5 16 (24.24%) Stakeholder Management
6 13 (19.70%) Data Analysis
7 11 (16.67%) Project Management
7 11 (16.67%) Risk Management
8 10 (15.15%) Data Management
8 10 (15.15%) SDLC
9 9 (13.64%) Agile Software Development
9 9 (13.64%) Business Intelligence
10 8 (12.12%) Business Analysis
10 8 (12.12%) Fit Analysis
10 8 (12.12%) UML
Programming Languages
1 19 (28.79%) C#
1 19 (28.79%) C++
2 10 (15.15%) VBA
3 9 (13.64%) SQL
4 8 (12.12%) PHP
5 2 (3.03%) Python
6 1 (1.52%) MATLAB
6 1 (1.52%) R
Qualifications
1 7 (10.61%) Degree
2 5 (7.58%) Numerate Degree
3 2 (3.03%) ISEB
4 1 (1.52%) Master's Degree
4 1 (1.52%) Postgraduate
Quality Assurance & Compliance
1 20 (30.30%) QA
2 7 (10.61%) Basel II
3 6 (9.09%) IFRS
3 6 (9.09%) IFRS 9
4 2 (3.03%) Data Quality
5 1 (1.52%) Basel III
5 1 (1.52%) PMO
Systems Management
1 1 (1.52%) HP Quality Center
1 1 (1.52%) ITRS Geneos
Vendors
1 8 (12.12%) Cognos
1 8 (12.12%) Microsoft
2 1 (1.52%) Atlassian