The median contractor rate for a Credit Risk Developer was £550 per day in advertised job vacancies in London during the 3 months to 26 June 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 Developer
England / London
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 404 414 425
Rank change year-on-year +10 +11  
Contract jobs requiring a Credit Risk Developer 20 4 17
As % of all contract IT jobs advertised in London 0.096% 0.019% 0.073%
As % of the Job Titles category 0.10% 0.020% 0.077%
Number of daily rates quoted 17 2 14
Median daily rate £550 £656 £538
Median daily rate % change year-on-year -16.19% +22.09%  
UK excluding London median daily rate - £375 £425
% change year-on-year - -11.76%  
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 19705 20363 22100
As % of all contract IT job vacancies advertised in London 94.93% 95.26% 94.68%
Number of daily rates quoted 14056 14779 15421
Median daily rate £500 £463 £440
Median daily rate % change year-on-year +8.10% +5.11%  
90% offered a daily rate of more than £315 £295 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 245 225 369
Median hourly rate £19.82 £17.89 £19.72
Median hourly rate % change year-on-year +10.81% -9.28%  
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £47.76 £42.60 £52.17
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

Credit Risk Developer
Job Vacancy Trend in London

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

Job vacancy trend for Credit Risk Developer in London

Credit Risk Developer
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Credit Risk Developer in London

Credit Risk Developer
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Credit Risk Developer in London over the 3 months to 26 June 2017.

Contractor daily rate histogram for Credit Risk Developer in London

Credit Risk Developer
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 Developer in London.

Contractor hourly rate trend for Credit Risk Developer in London

Credit Risk Developer
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 Developer within the London region over the 3 months to 26 June 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 +1 6 £563 -8.16%
Credit Risk Developer
England

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

For the 6 months to 26 June 2017, Credit Risk Developer 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 Developer in the job title.

1 24 (88.89%) Credit Risk
2 14 (51.85%) Finance
3 13 (48.15%) Java
4 12 (44.44%) Banking
4 12 (44.44%) SQL
4 12 (44.44%) Agile Software Development
5 10 (37.04%) Market Risk
6 9 (33.33%) Python
7 8 (29.63%) Oracle
7 8 (29.63%) Scrum
7 8 (29.63%) Investment Banking
8 7 (25.93%) TDD
8 7 (25.93%) C++
9 6 (22.22%) Grid Computing
9 6 (22.22%) Spring
9 6 (22.22%) Multithreading
10 5 (18.52%) Mathematics
10 5 (18.52%) Physics
10 5 (18.52%) Data Management
10 5 (18.52%) SDLC
10 5 (18.52%) Team Foundation Server
10 5 (18.52%) Validation
10 5 (18.52%) PhD
11 4 (14.81%) ClearCase
11 4 (14.81%) Windows
11 4 (14.81%) Linux
11 4 (14.81%) N-Tier
11 4 (14.81%) Web Services
11 4 (14.81%) SQL Server
11 4 (14.81%) VBA

Credit Risk Developer 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 3 (11.11%) DataSynapse
1 3 (11.11%) Oracle Coherence
2 1 (3.70%) Apache
2 1 (3.70%) Apache Spark
2 1 (3.70%) GemFire
2 1 (3.70%) SAS
Communications & Networking
1 1 (3.70%) Kerberos
Database & Business Intelligence
1 4 (14.81%) Hadoop
1 4 (14.81%) SQL Server
2 3 (11.11%) BusinessObjects
2 3 (11.11%) BusinessObjects XI
2 3 (11.11%) Crystal Reports
3 2 (7.41%) Data Warehouse
3 2 (7.41%) ObjectStore
3 2 (7.41%) PostgreSQL
4 1 (3.70%) DB2
4 1 (3.70%) MS Access
4 1 (3.70%) Parquet
4 1 (3.70%) Relational Database
4 1 (3.70%) SQL Server Analysis Services
4 1 (3.70%) SQL Server Reporting Services
Development Applications
1 5 (18.52%) Team Foundation Server
2 4 (14.81%) ClearCase
2 4 (14.81%) Subversion
3 3 (11.11%) CruiseControl
3 3 (11.11%) NUnit
4 2 (7.41%) Jenkins
4 2 (7.41%) Maven
5 1 (3.70%) Ant
5 1 (3.70%) Git (software)
General
1 14 (51.85%) Finance
2 12 (44.44%) Banking
3 8 (29.63%) Investment Banking
4 4 (14.81%) Front Office
5 3 (11.11%) Japanese Language
6 2 (7.41%) Back Office
6 2 (7.41%) Financial Institution
6 2 (7.41%) Legal
Libraries, Frameworks & Software Standards
1 6 (22.22%) Spring
2 4 (14.81%) Web Services
3 2 (7.41%) RESTful
3 2 (7.41%) STL
4 1 (3.70%) .NET
4 1 (3.70%) .NET Framework
4 1 (3.70%) Hibernate
4 1 (3.70%) J2EE
4 1 (3.70%) J2SE
4 1 (3.70%) jQuery
4 1 (3.70%) JSP
4 1 (3.70%) WCF
Miscellaneous
1 24 (88.89%) Credit Risk
2 10 (37.04%) Market Risk
3 6 (22.22%) Grid Computing
4 4 (14.81%) Derivative
4 4 (14.81%) N-Tier
5 3 (11.11%) Foreign Exchange (FX)
5 3 (11.11%) Management Information System
6 2 (7.41%) Analytical Skills
6 2 (7.41%) Credit Derivative
6 2 (7.41%) Fixed Income
7 1 (3.70%) Fintech
Operating Systems
1 4 (14.81%) Linux
1 4 (14.81%) Windows
2 1 (3.70%) Unix
Processes & Methodologies
1 12 (44.44%) Agile Software Development
2 8 (29.63%) Scrum
3 7 (25.93%) TDD
4 6 (22.22%) Multithreading
5 5 (18.52%) Data Management
5 5 (18.52%) Mathematics
5 5 (18.52%) Physics
5 5 (18.52%) SDLC
5 5 (18.52%) Validation
6 4 (14.81%) Business Intelligence
7 3 (11.11%) BDD
7 3 (11.11%) Data Reconciliation
7 3 (11.11%) ETL
7 3 (11.11%) Functional Programming
7 3 (11.11%) Migration
7 3 (11.11%) Multithreaded Programming
7 3 (11.11%) Process Improvement
7 3 (11.11%) Root Cause Analysis
8 2 (7.41%) High Availability
8 2 (7.41%) Open Source
Programming Languages
1 13 (48.15%) Java
2 12 (44.44%) SQL
3 9 (33.33%) Python
4 7 (25.93%) C++
5 4 (14.81%) VBA
6 3 (11.11%) Scala
7 1 (3.70%) PL/SQL
Qualifications
1 5 (18.52%) PhD
2 2 (7.41%) Degree
System Software
1 1 (3.70%) GridGain
Vendors
1 8 (29.63%) Oracle
2 1 (3.70%) Microsoft