Period
to 24 January 2022

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 24 January 2022 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
24 Jan 2022
Same period 2021 Same period 2020
Rank 578 436 615
Rank change year-on-year -142 +179 +20
Contract jobs citing Credit Risk 195 106 124
As % of all contract jobs advertised in England 0.28% 0.31% 0.19%
As % of the Miscellaneous category 0.90% 0.98% 0.66%
Number of daily rates quoted 155 74 85
10th Percentile £439 £385 £431
25th Percentile £564 £500 £500
Median daily rate (50th Percentile) £650 £575 £600
Median % change year-on-year +13.04% -4.17% -4.00%
75th Percentile £775 £650 £725
90th Percentile £838 £700 £763
UK median daily rate £638 £565 £600
% change year-on-year +12.83% -5.83% -4.00%

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 21,579 10,831 18,890
As % of all contract IT jobs advertised in England 31.18% 31.81% 28.75%
Number of daily rates quoted 15,435 7,381 12,537
10th Percentile £300 £256 £263
25th Percentile £419 £363 £363
Median daily rate (50th Percentile) £538 £475 £475
Median % change year-on-year +13.16% - -
75th Percentile £650 £600 £586
90th Percentile £750 £700 £675
UK median daily rate £525 £475 £470
% change year-on-year +10.53% +1.06% -1.05%
Number of hourly rates quoted 608 423 733
10th Percentile £12.48 £12.50 £12.00
25th Percentile £15.97 £17.25 £15.00
Median hourly rate £25.25 £26.50 £20.50
Median % change year-on-year -4.72% +29.27% +1.26%
75th Percentile £49.31 £46.38 £43.75
90th Percentile £65.50 £58.00 £52.50
UK median hourly rate £26.27 £26.22 £21.00
% change year-on-year +0.19% +24.86% +5.00%

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 24 January 2022.

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 24 January 2022. 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
Jobs
London -99 180 £660 +14.78% 16
South West -50 5 £425 -
Midlands -63 3 £600 +67.13% 1
West Midlands -53 2 £600 +76.47%
North of England -59 2 £475 - 2
Yorkshire - 2 £475 - 1
East Midlands -32 1 £413 +9.13% 1
Credit Risk
UK

For the 6 months to 24 January 2022, 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 90 (46.15%) Banking
2 86 (44.10%) Finance
3 64 (32.82%) SQL
4 59 (30.26%) Java
5 53 (27.18%) Market Risk
6 49 (25.13%) Python
7 47 (24.10%) Investment Banking
8 41 (21.03%) Agile Software Development
9 36 (18.46%) Analytics
10 34 (17.44%) AWS
10 34 (17.44%) Social Skills
10 34 (17.44%) C#
11 32 (16.41%) Front Office
12 31 (15.90%) CI/CD
13 30 (15.38%) Stress Testing
14 29 (14.87%) Fixed Income
14 29 (14.87%) Azure
15 28 (14.36%) Risk Management
15 28 (14.36%) C++
16 24 (12.31%) Foreign Exchange (FX)
16 24 (12.31%) Derivative
16 24 (12.31%) GCP
16 24 (12.31%) Kubernetes
17 22 (11.28%) Full Stack Development
18 21 (10.77%) JavaScript
19 20 (10.26%) Equities
19 20 (10.26%) TypeScript
20 19 (9.74%) DevOps
20 19 (9.74%) Microservices
20 19 (9.74%) TDD

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 7 (3.59%) Elasticsearch
1 7 (3.59%) SAS
2 4 (2.05%) Apache Spark
3 3 (1.54%) IBM HTTP Server
3 3 (1.54%) Oracle SOA Suite
3 3 (1.54%) SharePoint
3 3 (1.54%) Tomcat
3 3 (1.54%) WebLogic
4 2 (1.03%) Apache Airflow
5 1 (0.51%) Jupyter
Applications
1 5 (2.56%) Microsoft Excel
2 4 (2.05%) Microsoft PowerPoint
2 4 (2.05%) MS Visio
3 3 (1.54%) LaTeX
3 3 (1.54%) Microsoft Project
4 1 (0.51%) Microsoft Office
Cloud Services
1 34 (17.44%) AWS
2 29 (14.87%) Azure
3 24 (12.31%) GCP
4 3 (1.54%) OpenShift
5 2 (1.03%) Amazon EMR
5 2 (1.03%) NuGet
5 2 (1.03%) Serverless
6 1 (0.51%) Amazon EC2
6 1 (0.51%) Amazon S3
6 1 (0.51%) AWS Lambda
6 1 (0.51%) Azure Cosmos DB
6 1 (0.51%) Azure Event Grid
6 1 (0.51%) Azure Functions
6 1 (0.51%) Azure Service Bus
6 1 (0.51%) Azure Synapse Analytics
Communications & Networking
1 3 (1.54%) LAN
1 3 (1.54%) WAN
2 2 (1.03%) Multicast
3 1 (0.51%) ATM
3 1 (0.51%) PuTTY
3 1 (0.51%) Unified Communications
3 1 (0.51%) VPN
3 1 (0.51%) WinSCP
3 1 (0.51%) WLAN
Database & Business Intelligence
1 13 (6.67%) Data Warehouse
1 13 (6.67%) MongoDB
2 11 (5.64%) SQL Server
3 8 (4.10%) NoSQL
4 7 (3.59%) SQL Server 2012
5 4 (2.05%) OLAP
5 4 (2.05%) OLAP Cube
5 4 (2.05%) Oracle Database
5 4 (2.05%) Oracle Database 11g
5 4 (2.05%) Oracle Database 12c
5 4 (2.05%) RDBMS
5 4 (2.05%) Relational Database
5 4 (2.05%) SQL Server Analysis Services
5 4 (2.05%) SQL Server Integration Services
5 4 (2.05%) SQL Server Reporting Services
6 3 (1.54%) Big Data
6 3 (1.54%) Biml
6 3 (1.54%) Data Mart
6 3 (1.54%) Hadoop
6 3 (1.54%) Hazelcast
Development Applications
1 15 (7.69%) Git (software)
2 10 (5.13%) JIRA
3 6 (3.08%) TeamCity
4 5 (2.56%) Jenkins
4 5 (2.56%) JUnit
4 5 (2.56%) Maven
4 5 (2.56%) Mockito
5 2 (1.03%) Atlassian Bamboo
5 2 (1.03%) Bitbucket
5 2 (1.03%) Cucumber
5 2 (1.03%) Liquibase
5 2 (1.03%) Protractor
5 2 (1.03%) SonarQube
6 1 (0.51%) git-flow
6 1 (0.51%) PowerDesigner
6 1 (0.51%) Selenium
6 1 (0.51%) Subversion
6 1 (0.51%) Team Foundation Server
6 1 (0.51%) webpack
General
1 90 (46.15%) Banking
2 86 (44.10%) Finance
3 47 (24.10%) Investment Banking
4 34 (17.44%) Social Skills
5 32 (16.41%) Front Office
6 12 (6.15%) Analytical Skills
7 8 (4.10%) Legal
8 7 (3.59%) Documentation Skills
9 6 (3.08%) Financial Institution
9 6 (3.08%) Retail Banking
10 5 (2.56%) Marketing
11 4 (2.05%) Electronics
11 4 (2.05%) Manufacturing
11 4 (2.05%) Private Banking
11 4 (2.05%) Public Sector
11 4 (2.05%) Retail
11 4 (2.05%) Telecoms
12 2 (1.03%) Influencing Skills
12 2 (1.03%) Organisational Skills
12 2 (1.03%) Presentation Skills
Job Titles
1 86 (44.10%) Developer
2 53 (27.18%) Analyst
3 33 (16.92%) Risk Analyst
4 29 (14.87%) Java Developer
5 25 (12.82%) Business Analyst
6 16 (8.21%) Architect
6 16 (8.21%) Risk Business Analyst
7 15 (7.69%) Front Office Developer
7 15 (7.69%) React Developer
8 14 (7.18%) Credit Analyst
8 14 (7.18%) Credit Risk Analyst
8 14 (7.18%) Credit Risk Business Analyst
8 14 (7.18%) Lead Developer
8 14 (7.18%) Python Developer
8 14 (7.18%) Qualitative Analyst
8 14 (7.18%) Quantitative Analyst
9 12 (6.15%) C# Developer
9 12 (6.15%) Credit Risk Developer
9 12 (6.15%) Data Analyst
9 12 (6.15%) Quantitative Risk Analyst
Libraries, Frameworks & Software Standards
1 18 (9.23%) Spring
2 17 (8.72%) AngularJS
2 17 (8.72%) Spring Boot
3 16 (8.21%) React
4 14 (7.18%) GraphQL
4 14 (7.18%) Node.js
5 13 (6.67%) .NET
6 10 (5.13%) HTML
6 10 (5.13%) WPF
7 9 (4.62%) Hibernate
8 8 (4.10%) .NET Framework
8 8 (4.10%) WCF
9 6 (3.08%) CSS
9 6 (3.08%) Kafka
9 6 (3.08%) Lambda Expressions
10 5 (2.56%) HTML5
10 5 (2.56%) MyBatis
11 4 (2.05%) PySpark
12 3 (1.54%) JMS
13 2 (1.03%) XSLT
Miscellaneous
1 53 (27.18%) Market Risk
2 29 (14.87%) Fixed Income
3 24 (12.31%) Derivative
3 24 (12.31%) Foreign Exchange (FX)
4 20 (10.26%) Equities
5 16 (8.21%) Hedge funds
6 14 (7.18%) Cloud Native
7 7 (3.59%) Swaptions
8 5 (2.56%) Public Cloud
9 4 (2.05%) Data Protection Act
9 4 (2.05%) State Machine
10 3 (1.54%) Credit Derivative
10 3 (1.54%) Legacy Applications
10 3 (1.54%) Virtual Team
11 2 (1.03%) Algorithms
11 2 (1.03%) Enterprise Software
11 2 (1.03%) Legacy Systems
11 2 (1.03%) Mobile App
11 2 (1.03%) Renewable Energy
11 2 (1.03%) Self-Motivation
Operating Systems
1 11 (5.64%) Linux
2 8 (4.10%) Windows
3 3 (1.54%) Unix
Processes & Methodologies
1 41 (21.03%) Agile Software Development
2 36 (18.46%) Analytics
3 31 (15.90%) CI/CD
4 30 (15.38%) Stress Testing
5 28 (14.36%) Risk Management
6 22 (11.28%) Full Stack Development
7 19 (9.74%) DevOps
7 19 (9.74%) Microservices
7 19 (9.74%) TDD
8 18 (9.23%) Software Engineering
8 18 (9.23%) Validation
9 16 (8.21%) Asset Management
9 16 (8.21%) Risk Analytics
10 15 (7.69%) Scrum
10 15 (7.69%) User Acceptance Testing
11 14 (7.18%) Investment Management
11 14 (7.18%) Model Validation
12 12 (6.15%) Data Analysis
12 12 (6.15%) ETL
13 11 (5.64%) Business Analysis
Programming Languages
1 64 (32.82%) SQL
2 59 (30.26%) Java
3 49 (25.13%) Python
4 34 (17.44%) C#
5 28 (14.36%) C++
6 21 (10.77%) JavaScript
7 20 (10.26%) TypeScript
8 17 (8.72%) Java 8
9 15 (7.69%) Scala
10 14 (7.18%) Kotlin
11 11 (5.64%) T-SQL
12 9 (4.62%) VBA
13 7 (3.59%) R
14 6 (3.08%) PL/SQL
15 5 (2.56%) Java 11
16 3 (1.54%) F#
17 1 (0.51%) Assembly Language
17 1 (0.51%) Go
17 1 (0.51%) Perl
17 1 (0.51%) VB
Qualifications
1 10 (5.13%) Degree
2 5 (2.56%) Master's Degree
3 4 (2.05%) PhD
4 3 (1.54%) PRINCE2 Certification
5 2 (1.03%) CFA
6 1 (0.51%) ISTQB
6 1 (0.51%) Numerate Degree
Quality Assurance & Compliance
1 4 (2.05%) QA
2 3 (1.54%) IFRS
2 3 (1.54%) IFRS 9
2 3 (1.54%) PMO
3 2 (1.03%) Basel III
3 2 (1.03%) CRD IV
4 1 (0.51%) COREP
4 1 (0.51%) Data Quality
4 1 (0.51%) GDPR
4 1 (0.51%) PSD2
4 1 (0.51%) SEPA
4 1 (0.51%) TARGET2
System Software
1 18 (9.23%) Docker
2 1 (0.51%) Platform Symphony
Systems Management
1 24 (12.31%) Kubernetes
2 5 (2.56%) Control-M
3 3 (1.54%) Terraform
4 1 (0.51%) Ansible
4 1 (0.51%) Kibana
4 1 (0.51%) Single Sign-On
Vendors
1 14 (7.18%) Oracle
2 10 (5.13%) Microsoft
3 8 (4.10%) Sybase
4 7 (3.59%) SAP
5 3 (1.54%) Databricks
6 2 (1.03%) IBM
6 2 (1.03%) Informatica
6 2 (1.03%) Red Hat
6 2 (1.03%) Telerik
7 1 (0.51%) Adobe
7 1 (0.51%) BiZZdesign
7 1 (0.51%) BT
7 1 (0.51%) Google
7 1 (0.51%) Infragistics
7 1 (0.51%) MuleSoft
7 1 (0.51%) Murex
7 1 (0.51%) Salesforce.com