Period
to 12 June 2021

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 12 June 2021 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
12 Jun 2021
Same period 2020 Same period 2019
Rank 449 480 638
Rank change year-on-year +31 +158 -78
Contract jobs citing Credit Risk 184 106 184
As % of all contract jobs advertised in England 0.38% 0.27% 0.22%
As % of the Miscellaneous category 1.27% 0.92% 0.77%
Number of daily rates quoted 141 73 137
10th Percentile £358 £400 £400
25th Percentile £513 £463 £500
Median daily rate (50th Percentile) £625 £533 £600
Median % change year-on-year +17.37% -11.25% +8.75%
75th Percentile £700 £706 £670
90th Percentile £788 £788 £707
UK median daily rate £625 £569 £600
% change year-on-year +9.89% -5.21% +9.09%

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 14,544 11,560 23,934
As % of all contract IT jobs advertised in England 29.86% 29.52% 28.91%
Number of daily rates quoted 9,742 7,709 15,884
10th Percentile £297 £263 £298
25th Percentile £400 £380 £388
Median daily rate (50th Percentile) £500 £495 £477
Median % change year-on-year +1.01% +3.77% +0.42%
75th Percentile £619 £600 £588
90th Percentile £713 £713 £675
UK median daily rate £500 £475 £475
% change year-on-year +5.26% - +2.70%
Number of hourly rates quoted 545 449 789
10th Percentile £12.25 £12.61 £11.85
25th Percentile £16.00 £16.00 £14.00
Median hourly rate £25.00 £23.19 £20.75
Median % change year-on-year +7.81% +11.76% -9.78%
75th Percentile £47.63 £46.00 £44.80
90th Percentile £60.00 £53.75 £52.50
UK median hourly rate £25.00 £24.70 £20.00
% change year-on-year +1.21% +23.50% -11.11%

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 12 June 2021.

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 12 June 2021. 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 -4 170 £650 +13.04% 22
South East +17 5 £400 -
North of England +10 4 £575 +98.96% 3
Midlands -21 3 £340 -
Yorkshire - 3 £575 - 2
West Midlands - 2 £420 -
East Midlands -1 1 £340 -
North West -11 1 - -
Credit Risk
UK

For the 6 months to 12 June 2021, 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.

1 113 (61.41%) Finance
2 82 (44.57%) Banking
3 73 (39.67%) Python
4 56 (30.43%) SQL
5 53 (28.80%) Analytics
6 51 (27.72%) Java
6 51 (27.72%) Agile Software Development
7 48 (26.09%) Front Office
8 45 (24.46%) C#
8 45 (24.46%) Market Risk
9 42 (22.83%) Derivative
10 41 (22.28%) Social Skills
11 37 (20.11%) Azure
12 35 (19.02%) C++
13 31 (16.85%) Risk Analytics
14 29 (15.76%) JavaScript
15 27 (14.67%) Asset Management
16 26 (14.13%) AWS
16 26 (14.13%) Risk Management
17 25 (13.59%) Fixed Income
17 25 (13.59%) Analytical Skills
18 24 (13.04%) TypeScript
18 24 (13.04%) Investment Management
18 24 (13.04%) Software Engineering
19 23 (12.50%) Scala
19 23 (12.50%) Equities
19 23 (12.50%) Foreign Exchange (FX)
19 23 (12.50%) Hedge funds
19 23 (12.50%) Node.js
19 23 (12.50%) GCP

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 17 (9.24%) SAS
2 7 (3.80%) Tomcat
3 3 (1.63%) GlassFish
3 3 (1.63%) JBoss
3 3 (1.63%) Oracle SOA Suite
3 3 (1.63%) WebLogic
3 3 (1.63%) WebSphere
3 3 (1.63%) WebSphere Application Server
4 2 (1.09%) Apache Spark
4 2 (1.09%) Camunda
5 1 (0.54%) Cloud Foundry
5 1 (0.54%) Confluence
Applications
1 8 (4.35%) Microsoft Excel
1 8 (4.35%) Microsoft Office
2 6 (3.26%) Microsoft PowerPoint
2 6 (3.26%) MS Visio
3 1 (0.54%) SPSS
Business Applications
1 3 (1.63%) Salesforce.com CRM
Cloud Services
1 37 (20.11%) Azure
2 26 (14.13%) AWS
3 23 (12.50%) GCP
4 2 (1.09%) Salesforce Sales Cloud
4 2 (1.09%) Salesforce Service Cloud
5 1 (0.54%) Azure Synapse Analytics
5 1 (0.54%) IBM Blueworks
5 1 (0.54%) OpenShift
5 1 (0.54%) Power Platform
5 1 (0.54%) SaaS
Communications & Networking
1 1 (0.54%) PuTTY
1 1 (0.54%) WinSCP
Database & Business Intelligence
1 21 (11.41%) Data Warehouse
2 8 (4.35%) Big Data
2 8 (4.35%) SQL Server Integration Services
3 7 (3.80%) Relational Database
4 5 (2.72%) Oracle Database
4 5 (2.72%) Oracle Database 11g
5 4 (2.17%) SQL Server
5 4 (2.17%) SQL Server Analysis Services
6 3 (1.63%) Hazelcast
6 3 (1.63%) Microsoft Analysis Services
6 3 (1.63%) Oracle Database 12c
6 3 (1.63%) RDBMS
6 3 (1.63%) SQL Server Reporting Services
7 2 (1.09%) Base SAS
7 2 (1.09%) BusinessObjects XI
7 2 (1.09%) Data Mining
7 2 (1.09%) Hadoop
7 2 (1.09%) Oracle Exadata
7 2 (1.09%) SAS Enterprise Guide
7 2 (1.09%) Tableau
Development Applications
1 8 (4.35%) Maven
2 7 (3.80%) JIRA
3 5 (2.72%) Ant
3 5 (2.72%) Git (software)
4 3 (1.63%) JUnit
4 3 (1.63%) Octopus Deploy
4 3 (1.63%) Subversion
4 3 (1.63%) TeamCity
5 2 (1.09%) Jenkins
6 1 (0.54%) JConsole
6 1 (0.54%) JProfiler
6 1 (0.54%) PowerDesigner
6 1 (0.54%) Selenium
6 1 (0.54%) VisualVM
General
1 113 (61.41%) Finance
2 82 (44.57%) Banking
3 48 (26.09%) Front Office
4 41 (22.28%) Social Skills
5 25 (13.59%) Analytical Skills
6 22 (11.96%) Investment Banking
7 8 (4.35%) Legal
8 7 (3.80%) Documentation Skills
8 7 (3.80%) Financial Institution
9 5 (2.72%) Back Office
10 4 (2.17%) Law
10 4 (2.17%) Retail
11 3 (1.63%) Advertising
11 3 (1.63%) Influencing Skills
11 3 (1.63%) Marketing
11 3 (1.63%) Private Banking
12 2 (1.09%) Billing
12 2 (1.09%) Retail Banking
12 2 (1.09%) Retail Finance
13 1 (0.54%) General Ledger
Job Titles
1 88 (47.83%) Developer
2 43 (23.37%) Analyst
3 28 (15.22%) Risk Analyst
4 26 (14.13%) Front Office Developer
5 23 (12.50%) React Developer
6 19 (10.33%) Business Analyst
7 18 (9.78%) Credit Analyst
7 18 (9.78%) Credit Risk Analyst
7 18 (9.78%) Java Developer
7 18 (9.78%) Python Developer
8 17 (9.24%) Lead Developer
9 14 (7.61%) C# Developer
10 11 (5.98%) Credit Risk Developer
11 10 (5.43%) Oracle Developer
11 10 (5.43%) Project Manager
11 10 (5.43%) Qualitative Analyst
11 10 (5.43%) Quantitative Analyst
12 9 (4.89%) Quantitative Risk Analyst
13 8 (4.35%) IT Business Analyst
13 8 (4.35%) Risk Manager
Libraries, Frameworks & Software Standards
1 23 (12.50%) GraphQL
1 23 (12.50%) Node.js
1 23 (12.50%) React
2 16 (8.70%) .NET
2 16 (8.70%) Spring
3 9 (4.89%) Spring Boot
4 6 (3.26%) JMS
5 5 (2.72%) HTML
5 5 (2.72%) HTML5
6 4 (2.17%) AngularJS
7 3 (1.63%) DOM
7 3 (1.63%) Java EE
7 3 (1.63%) JDBC
7 3 (1.63%) JSP
7 3 (1.63%) Kafka
7 3 (1.63%) SAX
7 3 (1.63%) Web Services
7 3 (1.63%) WebSphere MQ
7 3 (1.63%) XML
8 2 (1.09%) .NET Framework
Miscellaneous
1 45 (24.46%) Market Risk
2 42 (22.83%) Derivative
3 25 (13.59%) Fixed Income
4 23 (12.50%) Equities
4 23 (12.50%) Foreign Exchange (FX)
4 23 (12.50%) Hedge funds
5 7 (3.80%) Grid Computing
6 6 (3.26%) Taxonomies
7 5 (2.72%) Self-Motivation
7 5 (2.72%) Swaptions
8 3 (1.63%) Algorithms
8 3 (1.63%) Data Protection Act
8 3 (1.63%) Enterprise Cloud
8 3 (1.63%) Management Information System
8 3 (1.63%) PMI
9 1 (0.54%) Credit Derivative
9 1 (0.54%) Data Structures
9 1 (0.54%) Equity Derivative
9 1 (0.54%) Reference Data
9 1 (0.54%) Replication
Operating Systems
1 6 (3.26%) Unix
2 5 (2.72%) Linux
3 1 (0.54%) Windows
Processes & Methodologies
1 53 (28.80%) Analytics
2 51 (27.72%) Agile Software Development
3 31 (16.85%) Risk Analytics
4 27 (14.67%) Asset Management
5 26 (14.13%) Risk Management
6 24 (13.04%) Investment Management
6 24 (13.04%) Software Engineering
7 22 (11.96%) TDD
8 20 (10.87%) Stakeholder Management
9 18 (9.78%) Problem-Solving
10 17 (9.24%) Project Management
11 14 (7.61%) Scrum
11 14 (7.61%) Statistical Analysis
12 13 (7.07%) DevOps
13 12 (6.52%) Business Intelligence
14 11 (5.98%) Data Modelling
14 11 (5.98%) Mathematics
14 11 (5.98%) SDLC
14 11 (5.98%) Validation
15 10 (5.43%) Computer Science
Programming Languages
1 73 (39.67%) Python
2 56 (30.43%) SQL
3 51 (27.72%) Java
4 45 (24.46%) C#
5 35 (19.02%) C++
6 29 (15.76%) JavaScript
7 24 (13.04%) TypeScript
8 23 (12.50%) Kotlin
8 23 (12.50%) Scala
9 19 (10.33%) VBA
10 7 (3.80%) PL/SQL
10 7 (3.80%) R
11 6 (3.26%) Java 8
12 4 (2.17%) VB
13 3 (1.63%) Shell Script
13 3 (1.63%) XPath
14 2 (1.09%) Apex Code
14 2 (1.09%) SAS Macro
14 2 (1.09%) SOQL
14 2 (1.09%) SOSL
Qualifications
1 17 (9.24%) Degree
2 5 (2.72%) PhD
3 4 (2.17%) PMI Certification
4 3 (1.63%) Master's Degree
4 3 (1.63%) MBA
5 2 (1.09%) SAS Certification
6 1 (0.54%) CFA
6 1 (0.54%) PMP
Quality Assurance & Compliance
1 9 (4.89%) IFRS
1 9 (4.89%) IFRS 9
2 6 (3.26%) Basel III
3 3 (1.63%) Basel II
4 2 (1.09%) COREP
4 2 (1.09%) Dodd-Frank
4 2 (1.09%) GRC
4 2 (1.09%) ITGC
4 2 (1.09%) QA
5 1 (0.54%) CRD IV
5 1 (0.54%) PMO
5 1 (0.54%) Sarbanes-Oxley
5 1 (0.54%) SLA
System Software
1 12 (6.52%) Docker
2 1 (0.54%) Platform Symphony
Systems Management
1 10 (5.43%) Kubernetes
2 2 (1.09%) Control-M
Vendors
1 13 (7.07%) Oracle
2 12 (6.52%) Microsoft
3 5 (2.72%) Dataiku
3 5 (2.72%) Salesforce.com
4 3 (1.63%) Marketo
4 3 (1.63%) SAP
5 2 (1.09%) Bloomberg
5 2 (1.09%) Murex
6 1 (0.54%) BiZZdesign
6 1 (0.54%) Databricks
6 1 (0.54%) FIS