Period
to 3 April 2020

The table below looks at the prevalence of the term Credit Risk in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Risk over the 6 months to 3 April 2020 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
UK > England
6 months to
3 Apr 2020
Same period 2019 Same period 2018
Rank 543 630 531
Rank change year-on-year +87 -99 -69
Contract jobs citing Credit Risk 124 213 358
As % of all contract jobs advertised in England 0.22% 0.24% 0.38%
As % of the Miscellaneous category 0.69% 0.75% 1.17%
Number of daily rates quoted 84 181 257
Median daily rate £600 £625 £588
Median daily rate % change year-on-year -4.00% +6.38% +17.38%
10th Percentile £419 £425 £404
90th Percentile £775 £725 £763
UK median daily rate £600 £625 £575
% change year-on-year -4.00% +8.70% +15.00%
Number of hourly rates quoted 2 0 0
Median hourly rate £35.00 - -
UK median hourly rate £51.50 - -

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 England with a requirement for generic IT skills.

All Generic IT Skills
England
Contract vacancies with a requirement for generic IT skills 17,877 28,273 30,598
As % of all contract IT jobs advertised in England 32.25% 32.09% 32.79%
Number of daily rates quoted 11,278 18,526 20,222
Median daily rate £475 £475 £463
Median daily rate % change year-on-year - +2.70% +5.11%
10th Percentile £250 £281 £268
90th Percentile £675 £675 £663
UK median daily rate £475 £475 £450
% change year-on-year - +5.56% +5.88%
Number of hourly rates quoted 848 902 946
Median hourly rate £24.71 £21.00 £21.79
Median hourly rate % change year-on-year +17.64% -3.63% +8.95%
10th Percentile £12.48 £12.00 £11.68
90th Percentile £52.50 £50.00 £50.62
Median hourly rate £25.50 £21.00 £21.73
% change year-on-year +21.43% -3.34% +8.91%

Credit Risk
Job Vacancy Trend in England

Job postings citing Credit Risk as a proportion of all IT jobs advertised in England.

Job vacancy trend for Credit Risk in England

Credit Risk
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Credit Risk in England.

Daily rate trend for Credit Risk in England

Credit Risk
Daily Rate Histogram in England

Daily rate distribution for jobs citing Credit Risk in England over the 6 months to 3 April 2020.

Daily rate histogram for Credit Risk in England

Credit Risk
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Credit Risk in England.

Hourly rate trend for Credit Risk in England

Credit Risk
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 within the England region over the 6 months to 3 April 2020. 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 +77 114 £600 -4.00% 12
South East - 5 - - 6
Midlands +43 3 - -
East Midlands +22 3 - -
North of England +64 2 - -
North West +31 2 - -
South West +43 1 - -
Credit Risk
UK

For the 6 months to 3 April 2020, 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 England region with a requirement for Credit Risk.

1 78 (62.90%) Finance
1 78 (62.90%) Banking
2 51 (41.13%) SQL
3 43 (34.68%) Agile Software Development
4 42 (33.87%) Java
5 34 (27.42%) Front Office
5 34 (27.42%) Investment Banking
6 27 (21.77%) Python
7 26 (20.97%) Analytics
8 23 (18.55%) SAS
9 18 (14.52%) Risk Management
9 18 (14.52%) Market Risk
9 18 (14.52%) Big Data
10 16 (12.90%) Spring
10 16 (12.90%) TDD
10 16 (12.90%) SDLC
11 15 (12.10%) Stakeholder Management
11 15 (12.10%) Data Modelling
11 15 (12.10%) Foreign Exchange (FX)
11 15 (12.10%) Business Analysis
11 15 (12.10%) Scala
12 14 (11.29%) Apache Spark
12 14 (11.29%) Low Latency
13 13 (10.48%) Problem-Solving
13 13 (10.48%) C#
14 12 (9.68%) .NET
14 12 (9.68%) SQL Server
14 12 (9.68%) Multithreading
14 12 (9.68%) Derivative
14 12 (9.68%) Degree

Credit Risk
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 23 (18.55%) SAS
2 14 (11.29%) Apache Spark
3 10 (8.06%) Apache
4 2 (1.61%) Elasticsearch
4 2 (1.61%) Tornado
5 1 (0.81%) Cloud Foundry
5 1 (0.81%) Confluence
5 1 (0.81%) IBM HTTP Server
5 1 (0.81%) SharePoint
5 1 (0.81%) Tomcat
Applications
1 5 (4.03%) Microsoft Excel
2 3 (2.42%) MS Visio
3 1 (0.81%) Microsoft Office
3 1 (0.81%) Microsoft PowerPoint
3 1 (0.81%) Microsoft Project
Business Applications
1 4 (3.23%) Distributed Ledger
2 2 (1.61%) Markit EDM
2 2 (1.61%) PolarLake
3 1 (0.81%) HFM
3 1 (0.81%) SAP FSCM
3 1 (0.81%) SAP S/4HANA
3 1 (0.81%) SAP SD
Cloud Services
1 10 (8.06%) AWS
2 2 (1.61%) Azure
2 2 (1.61%) GCP
2 2 (1.61%) OpenShift
2 2 (1.61%) Power Platform
3 1 (0.81%) Amazon ECS
3 1 (0.81%) Amazon S3
3 1 (0.81%) AWS Lambda
3 1 (0.81%) Google Analytics
3 1 (0.81%) Serverless
Communications & Networking
1 5 (4.03%) PuTTY
2 3 (2.42%) HTTP
3 1 (0.81%) Intranet
Database & Business Intelligence
1 18 (14.52%) Big Data
2 12 (9.68%) SQL Server
3 9 (7.26%) Apache Hive
4 8 (6.45%) Hadoop
4 8 (6.45%) NoSQL
5 4 (3.23%) Parquet
5 4 (3.23%) SQL Server Integration Services
6 3 (2.42%) Apache Cassandra
6 3 (2.42%) Impala
7 2 (1.61%) Data Warehouse
7 2 (1.61%) HBase
7 2 (1.61%) Power BI
7 2 (1.61%) Relational Database
7 2 (1.61%) SQL Server 2016
7 2 (1.61%) SQL Server Analysis Services
7 2 (1.61%) SQL Server Reporting Services
8 1 (0.81%) Biml
8 1 (0.81%) Cognos Framework Manager
8 1 (0.81%) Data Lake
8 1 (0.81%) Mixpanel
Development Applications
1 11 (8.87%) JIRA
2 6 (4.84%) Git (software)
2 6 (4.84%) Jenkins
3 5 (4.03%) Maven
4 4 (3.23%) JConsole
4 4 (3.23%) JProfiler
4 4 (3.23%) JUnit
4 4 (3.23%) VisualVM
5 3 (2.42%) FitNesse
5 3 (2.42%) Subversion
6 2 (1.61%) GitLab
6 2 (1.61%) Hudson
6 2 (1.61%) IntelliJ
6 2 (1.61%) ProC
7 1 (0.81%) JIRA Agile
7 1 (0.81%) Zephyr
General
1 78 (62.90%) Banking
1 78 (62.90%) Finance
2 34 (27.42%) Front Office
2 34 (27.42%) Investment Banking
3 8 (6.45%) Back Office
4 5 (4.03%) Legal
4 5 (4.03%) Retail
4 5 (4.03%) Retail Banking
5 4 (3.23%) Marketing
6 2 (1.61%) Financial Institution
6 2 (1.61%) Telecoms
7 1 (0.81%) Billing
7 1 (0.81%) International Banking
7 1 (0.81%) Manufacturing
7 1 (0.81%) Pharmaceutical
7 1 (0.81%) Social Science
7 1 (0.81%) Wholesale Banking
Job Titles
1 46 (37.10%) Analyst
2 42 (33.87%) Developer
3 26 (20.97%) Risk Analyst
4 23 (18.55%) Business Analyst
5 21 (16.94%) Credit Analyst
5 21 (16.94%) Credit Risk Analyst
6 20 (16.13%) Java Developer
7 13 (10.48%) Risk Business Analyst
8 12 (9.68%) Credit Risk Business Analyst
9 9 (7.26%) SAS Analyst
9 9 (7.26%) Senior Developer
10 8 (6.45%) Credit Risk Developer
10 8 (6.45%) SAS Credit Risk Analyst
10 8 (6.45%) SAS Risk Analyst
11 7 (5.65%) Scala Developer
12 6 (4.84%) Credit Risk Java Developer
12 6 (4.84%) Data Analyst
12 6 (4.84%) Qualitative Analyst
12 6 (4.84%) Quantitative Analyst
12 6 (4.84%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 16 (12.90%) Spring
2 12 (9.68%) .NET
3 10 (8.06%) Hibernate
4 9 (7.26%) XML
5 8 (6.45%) JSON
6 7 (5.65%) J2SE
6 7 (5.65%) Middleware
7 6 (4.84%) AngularJS
8 5 (4.03%) Kafka
9 4 (3.23%) Apache Avro
9 4 (3.23%) HTML
9 4 (3.23%) HTML5
9 4 (3.23%) Smart Contracts
9 4 (3.23%) XML Messaging
10 3 (2.42%) Ext JS
10 3 (2.42%) JMS
10 3 (2.42%) PySpark
10 3 (2.42%) Spring Batch
10 3 (2.42%) Spring Boot
11 2 (1.61%) Anaconda
Miscellaneous
1 18 (14.52%) Market Risk
2 15 (12.10%) Foreign Exchange (FX)
3 12 (9.68%) Analytical Skills
3 12 (9.68%) Derivative
4 6 (4.84%) Equities
4 6 (4.84%) Fixed Income
5 5 (4.03%) Management Information System
6 4 (3.23%) Reference Data
6 4 (3.23%) Virtual Team
7 3 (2.42%) Greenfield Project
7 3 (2.42%) Mainframe
8 2 (1.61%) User Experience
9 1 (0.81%) Credit Derivative
9 1 (0.81%) CUDA
9 1 (0.81%) Data Structures
9 1 (0.81%) Grid Computing
9 1 (0.81%) Interest Rate Derivative
9 1 (0.81%) Mobile App
Operating Systems
1 9 (7.26%) Unix
2 4 (3.23%) Linux
Processes & Methodologies
1 43 (34.68%) Agile Software Development
2 26 (20.97%) Analytics
3 18 (14.52%) Risk Management
4 16 (12.90%) SDLC
4 16 (12.90%) TDD
5 15 (12.10%) Business Analysis
5 15 (12.10%) Data Modelling
5 15 (12.10%) Stakeholder Management
6 14 (11.29%) Low Latency
7 13 (10.48%) Problem-Solving
8 12 (9.68%) Multithreading
9 11 (8.87%) Technical Analysis
10 10 (8.06%) Data Analysis
10 10 (8.06%) Economics
10 10 (8.06%) Scrum
11 9 (7.26%) Asset Management
11 9 (7.26%) Validation
12 8 (6.45%) E-Commerce
12 8 (6.45%) Stress Testing
12 8 (6.45%) Use Case
Programming Languages
1 51 (41.13%) SQL
2 42 (33.87%) Java
3 27 (21.77%) Python
4 15 (12.10%) Scala
5 13 (10.48%) C#
6 10 (8.06%) R
7 6 (4.84%) C++
7 6 (4.84%) Java 8
7 6 (4.84%) JavaScript
7 6 (4.84%) VBA
8 5 (4.03%) Clojure
8 5 (4.03%) VB
9 4 (3.23%) T-SQL
10 3 (2.42%) TypeScript
11 2 (1.61%) Shell Script
12 1 (0.81%) Data Analysis Expressions (DAX)
12 1 (0.81%) Perl
12 1 (0.81%) PL/SQL
Qualifications
1 12 (9.68%) Degree
2 2 (1.61%) Computer Science Degree
2 2 (1.61%) Master's Degree
2 2 (1.61%) PhD
3 1 (0.81%) MBA
Quality Assurance & Compliance
1 10 (8.06%) IFRS
1 10 (8.06%) IFRS 9
2 9 (7.26%) Basel III
2 9 (7.26%) CRD IV
3 8 (6.45%) Basel II
4 7 (5.65%) Data Quality
5 3 (2.42%) COREP
6 1 (0.81%) FINREP
6 1 (0.81%) PMO
6 1 (0.81%) QA
6 1 (0.81%) Sarbanes-Oxley
System Software
1 3 (2.42%) Docker
2 2 (1.61%) HDFS
Systems Management
1 6 (4.84%) HP Quality Center
2 3 (2.42%) Ansible
3 2 (1.61%) Kubernetes
4 1 (0.81%) Control-M
Vendors
1 7 (5.65%) Terracotta
2 4 (3.23%) HP
2 4 (3.23%) MapR
2 4 (3.23%) Murex
2 4 (3.23%) Oracle
2 4 (3.23%) Tableau
3 3 (2.42%) Google
3 3 (2.42%) TSYS
4 2 (1.61%) Bloomberg
4 2 (1.61%) CA Agile Central
4 2 (1.61%) Cloudera
4 2 (1.61%) Cognos
4 2 (1.61%) Hortonworks
4 2 (1.61%) Microsoft
4 2 (1.61%) Sybase
5 1 (0.81%) Hyperion
5 1 (0.81%) Informatica
5 1 (0.81%) MicroStrategy
5 1 (0.81%) SAP