Period
to 21 January 2018

The median contractor rate for a Credit Risk Analyst was £588 per day in advertised job vacancies in London during the 6 months to 21 January 2018.

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
England > London
6 months to
21 Jan 2018
Same period 2017 Same period 2016
Rank 575 563 529
Rank change year-on-year -12 -34 +2
Contract jobs requiring a Credit Risk Analyst 60 29 63
As % of all contract IT jobs advertised in London 0.13% 0.070% 0.14%
As % of the Job Titles category 0.14% 0.074% 0.15%
Number of daily rates quoted 47 25 45
London median daily rate £588 £500 £540
Median daily rate % change year-on-year +17.50% -7.41% +8.00%
10th Percentile £508 £386 £439
90th Percentile £913 £604 £625
England median daily rate £575 £488 £525
% change year-on-year +17.95% -7.14% +10.53%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England 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 London. 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
London
Contract vacancies in London with a recognized job title 43,386 39,404 42,009
% of contract IT jobs with a recognized job title 94.73% 94.97% 95.13%
Number of daily rates quoted 31,575 28,077 29,634
London median daily rate £500 £465 £450
Median daily rate % change year-on-year +7.53% +3.33% +5.88%
10th Percentile £300 £300 £275
90th Percentile £670 £644 £638
England median daily rate £450 £425 £415
% change year-on-year +5.88% +2.41% +3.75%
Number of hourly rates quoted 562 557 648
London median hourly rate £19.50 £20.50 £19.00
Median hourly rate % change year-on-year -4.88% +7.89% +8.57%
10th Percentile £12.00 £11.82 £11.17
90th Percentile £47.83 £51.25 £47.83
England median hourly rate £18.44 £18.50 £18.50
% change year-on-year -0.34% - +12.12%

Credit Risk Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Credit Risk Analyst in London

Credit Risk Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Credit Risk Analyst in London

Credit Risk Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Credit Risk Analyst in London over the 6 months to 21 January 2018.

Contractor daily rate histogram for Credit Risk Analyst in London

Credit Risk Analyst
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Credit Risk Analyst in London

Credit Risk Analyst
Contract Job Locations in London

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 London region over the 6 months to 21 January 2018. 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
Central London -17 8 £573 +10.10% 1
East London -13 1 £560 -25.33%
Credit Risk Analyst
England

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

For the 6 months to 21 January 2018, 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 London region featuring Credit Risk Analyst in the job title.

1 59 (98.33%) Credit Risk
2 32 (53.33%) Finance
3 24 (40.00%) Banking
3 24 (40.00%) Derivative
4 22 (36.67%) Credit Risk Modelling
5 21 (35.00%) Stakeholder Management
6 20 (33.33%) Data Analysis
7 19 (31.67%) Mathematics
7 19 (31.67%) QA
7 19 (31.67%) Stochastic Modelling
8 18 (30.00%) Validation
8 18 (30.00%) Benchmarking
8 18 (30.00%) C#
8 18 (30.00%) C++
8 18 (30.00%) Physics
8 18 (30.00%) Internal Audit
8 18 (30.00%) Quantitative Finance
9 16 (26.67%) SDLC
9 16 (26.67%) Data Modelling
10 15 (25.00%) Business Intelligence
10 15 (25.00%) VBA
10 15 (25.00%) Microsoft Excel
11 14 (23.33%) Cognos
11 14 (23.33%) XML
11 14 (23.33%) Microsoft
11 14 (23.33%) Data Management
12 13 (21.67%) Fit Analysis
12 13 (21.67%) CSS
12 13 (21.67%) HTML
12 13 (21.67%) PHP

Credit Risk Analyst Skill Set
Co-occurring IT Skills in 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 8 (13.33%) SAS
2 1 (1.67%) Confluence
Applications
1 15 (25.00%) Microsoft Excel
2 2 (3.33%) MS Visio
3 1 (1.67%) Microsoft PowerPoint
Communications & Networking
1 1 (1.67%) SMS
Database & Business Intelligence
1 13 (21.67%) MS Access
2 1 (1.67%) Data Warehouse
2 1 (1.67%) Relational Database
2 1 (1.67%) SAS EBI
2 1 (1.67%) SAS Enterprise Guide
Development Applications
1 3 (5.00%) JIRA
2 2 (3.33%) Balsamiq Mockups
3 1 (1.67%) Atlassian Bamboo
General
1 32 (53.33%) Finance
2 24 (40.00%) Banking
3 13 (21.67%) Investment Banking
4 5 (8.33%) Retail Banking
5 3 (5.00%) Front Office
6 2 (3.33%) Private Banking
7 1 (1.67%) Retail
7 1 (1.67%) Retail Finance
7 1 (1.67%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 14 (23.33%) XML
2 13 (21.67%) CSS
2 13 (21.67%) HTML
Miscellaneous
1 59 (98.33%) Credit Risk
2 24 (40.00%) Derivative
3 6 (10.00%) Market Risk
4 3 (5.00%) Analytical Skills
5 2 (3.33%) Fintech
5 2 (3.33%) Greenfield Project
6 1 (1.67%) Computer Science
6 1 (1.67%) Foreign Exchange (FX)
6 1 (1.67%) Management Information System
6 1 (1.67%) OTC Derivatives
Processes & Methodologies
1 22 (36.67%) Credit Risk Modelling
2 21 (35.00%) Stakeholder Management
3 20 (33.33%) Data Analysis
4 19 (31.67%) Mathematics
4 19 (31.67%) Stochastic Modelling
5 18 (30.00%) Benchmarking
5 18 (30.00%) Internal Audit
5 18 (30.00%) Physics
5 18 (30.00%) Quantitative Finance
5 18 (30.00%) Validation
6 16 (26.67%) Data Modelling
6 16 (26.67%) SDLC
7 15 (25.00%) Business Intelligence
8 14 (23.33%) Data Management
9 13 (21.67%) Business Process Modelling
9 13 (21.67%) Fit Analysis
9 13 (21.67%) Project Planning
9 13 (21.67%) UML
10 10 (16.67%) Agile Software Development
10 10 (16.67%) Business Analysis
Programming Languages
1 18 (30.00%) C#
1 18 (30.00%) C++
2 15 (25.00%) VBA
3 13 (21.67%) PHP
4 9 (15.00%) SQL
5 2 (3.33%) Python
6 1 (1.67%) MATLAB
6 1 (1.67%) R
Qualifications
1 2 (3.33%) Degree
1 2 (3.33%) ISEB
1 2 (3.33%) SAS Certification
2 1 (1.67%) Master's Degree
2 1 (1.67%) Postgraduate
Quality Assurance & Compliance
1 19 (31.67%) QA
2 2 (3.33%) Basel III
2 2 (3.33%) IFRS
2 2 (3.33%) IFRS 9
3 1 (1.67%) Basel II
3 1 (1.67%) CRD IV
3 1 (1.67%) Data Quality
Systems Management
1 1 (1.67%) HP Quality Center
Vendors
1 14 (23.33%) Cognos
1 14 (23.33%) Microsoft
2 1 (1.67%) Atlassian