The median contractor rate for a Credit Risk Analyst was £438 per day in advertised job vacancies in London during the 3 months to 30 April 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
England / London
3 months to
30 Apr 2017
Same period 2016 Same period 2015
Rank 389 396 397
Rank change year-on-year +7 +1  
Contract jobs requiring a Credit Risk Analyst 15 36 35
As % of all contract IT jobs advertised in London 0.074% 0.16% 0.16%
As % of the Job Titles category 0.078% 0.16% 0.16%
Number of daily rates quoted 10 31 31
Median daily rate £438 £600 £475
Median daily rate % change year-on-year -27.08% +26.31%  
90% offered a daily rate of more than £359 £450 £275
10% offered a daily rate of more than £600 £650 £600
UK excluding London median daily rate £410 £450 £443
% change year-on-year -8.88% +1.69%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 19155 21886 21309
As % of all contract IT job vacancies advertised in London 94.68% 95.00% 94.89%
Number of daily rates quoted 13667 15822 14618
Median daily rate £475 £463 £450
Median daily rate % change year-on-year +2.70% +2.77%  
90% offered a daily rate of more than £313 £300 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £396 £375
% change year-on-year +1.13% +5.46%  
Number of hourly rates quoted 231 252 393
Median hourly rate £20.00 £17.50 £19.00
Median hourly rate % change year-on-year +14.28% -7.89%  
90% offered a hourly rate of more than £13.00 £12.00 £12.50
10% offered a hourly rate of more than £50.00 £40.00 £55.00
UK excluding London median hourly rate £17.50 £17.50 £16.83
% change year-on-year - +4.01%  

Credit Risk Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured Credit Risk Analyst in the job title.

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 3 months to 30 April 2017.

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 3 months to 30 April 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -8 4 £418 -9.72% 1
Docklands, London - 2 £375 -
Bromley - 1 - -
Credit Risk Analyst
England

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

For the 6 months to 30 April 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 London region featuring Credit Risk Analyst in the job title.

1 34 (100.00%) Credit Risk
2 21 (61.76%) Finance
3 15 (44.12%) Banking
4 14 (41.18%) SQL
5 11 (32.35%) Agile Software Development
6 10 (29.41%) Data Analysis
7 9 (26.47%) Risk Management
8 8 (23.53%) Credit Risk Management
8 8 (23.53%) Market Risk
8 8 (23.53%) Dodd-Frank
9 7 (20.59%) Team Foundation Server
9 7 (20.59%) Collateral Management
9 7 (20.59%) Business Analysis
9 7 (20.59%) JIRA
9 7 (20.59%) SQL Server
9 7 (20.59%) Data Warehouse
9 7 (20.59%) SAS
9 7 (20.59%) Microsoft
10 6 (17.65%) Python
10 6 (17.65%) Analytical Skills
10 6 (17.65%) Analytics
10 6 (17.65%) Stress Testing
10 6 (17.65%) Monte Carlo Method
11 5 (14.71%) Investment Banking
11 5 (14.71%) Workflow
11 5 (14.71%) Scrum
12 4 (11.76%) Web Services
12 4 (11.76%) Microsoft Office
12 4 (11.76%) C++
12 4 (11.76%) PowerShell

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 7 (20.59%) SAS
Applications
1 4 (11.76%) Microsoft Office
2 3 (8.82%) Microsoft Excel
Database & Business Intelligence
1 7 (20.59%) Data Warehouse
1 7 (20.59%) SQL Server
2 2 (5.88%) Base SAS
2 2 (5.88%) QlikView
3 1 (2.94%) Data Mining
3 1 (2.94%) DB2
Development Applications
1 7 (20.59%) JIRA
1 7 (20.59%) Team Foundation Server
2 4 (11.76%) Jenkins
3 3 (8.82%) Visual Studio
General
1 21 (61.76%) Finance
2 15 (44.12%) Banking
3 5 (14.71%) Investment Banking
4 1 (2.94%) Advertising
4 1 (2.94%) Front Office
4 1 (2.94%) Retail
Libraries, Frameworks & Software Standards
1 4 (11.76%) Web Services
Miscellaneous
1 34 (100.00%) Credit Risk
2 8 (23.53%) Market Risk
3 6 (17.65%) Analytical Skills
4 2 (5.88%) Derivative
4 2 (5.88%) Equities
4 2 (5.88%) Foreign Exchange (FX)
5 1 (2.94%) OTC Derivatives
Operating Systems
1 1 (2.94%) Linux
1 1 (2.94%) Unix
Processes & Methodologies
1 11 (32.35%) Agile Software Development
2 10 (29.41%) Data Analysis
3 9 (26.47%) Risk Management
4 8 (23.53%) Credit Risk Management
5 7 (20.59%) Business Analysis
5 7 (20.59%) Collateral Management
6 6 (17.65%) Analytics
6 6 (17.65%) Monte Carlo Method
6 6 (17.65%) Stress Testing
7 5 (14.71%) Scrum
7 5 (14.71%) Workflow
8 4 (11.76%) Performance Monitoring
8 4 (11.76%) Risk Analytics
8 4 (11.76%) SDLC
9 3 (8.82%) Change Management
10 2 (5.88%) DevOps
10 2 (5.88%) Mathematics
10 2 (5.88%) Project Planning
11 1 (2.94%) Data Analytics
11 1 (2.94%) Time Management
Programming Languages
1 14 (41.18%) SQL
2 6 (17.65%) Python
3 4 (11.76%) C++
3 4 (11.76%) PowerShell
4 3 (8.82%) Java
5 2 (5.88%) SAS Macro
5 2 (5.88%) VBA
6 1 (2.94%) PL/SQL
Qualifications
1 1 (2.94%) Degree
1 1 (2.94%) ISEB
1 1 (2.94%) PhD
Quality Assurance & Compliance
1 8 (23.53%) Dodd-Frank
2 3 (8.82%) CRD IV
2 3 (8.82%) Data Quality
3 2 (5.88%) Basel III
3 2 (5.88%) QA
4 1 (2.94%) EMIR
4 1 (2.94%) IFRS
4 1 (2.94%) IFRS 9
Systems Management
1 4 (11.76%) Dollar Universe
Vendors
1 7 (20.59%) Microsoft
2 2 (5.88%) BT
2 2 (5.88%) Oracle