Period
to 24 January 2022

The table below looks at the prevalence of the term Credit Risk in contract job vacancies advertised in London. 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
England > London
6 months to
24 Jan 2022
Same period 2021 Same period 2020
Rank 401 302 407
Rank change year-on-year -99 +105 +14
Contract jobs citing Credit Risk 180 99 112
As % of all contract jobs advertised in London 0.48% 0.57% 0.37%
As % of the Miscellaneous category 1.43% 1.60% 1.20%
Number of daily rates quoted 143 71 85
10th Percentile £512 £406 £431
25th Percentile £575 £500 £500
Median daily rate (50th Percentile) £660 £575 £600
Median % change year-on-year +14.78% -4.17% -4.00%
75th Percentile £783 £650 £725
90th Percentile £838 £700 £763
England median daily rate £650 £575 £600
% change year-on-year +13.04% -4.17% -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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 12,550 6,199 9,365
As % of all contract IT jobs advertised in London 33.75% 35.39% 31.19%
Number of daily rates quoted 9,301 4,452 6,700
10th Percentile £370 £313 £300
25th Percentile £475 £413 £413
Median daily rate (50th Percentile) £575 £525 £525
Median % change year-on-year +9.52% - -
75th Percentile £700 £638 £625
90th Percentile £788 £725 £713
England median daily rate £538 £475 £475
% change year-on-year +13.16% - -
Number of hourly rates quoted 162 86 123
10th Percentile £18.12 £15.30 £12.44
25th Percentile £24.50 £22.50 £16.69
Median hourly rate £43.74 £28.02 £22.50
Median % change year-on-year +56.10% +24.53% -2.02%
75th Percentile £53.50 £46.00 £37.73
90th Percentile £64.88 £59.38 £52.45
England median hourly rate £25.25 £26.50 £20.50
% change year-on-year -4.72% +29.27% +1.26%

Credit Risk
Job Vacancy Trend in London

Job postings citing Credit Risk as a proportion of all IT jobs advertised in London.

Job vacancy trend for Credit Risk in London

Credit Risk
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Credit Risk in London.

Daily rate trend for Credit Risk in London

Credit Risk
Daily Rate Histogram in London

Daily rate distribution for jobs citing Credit Risk in London over the 6 months to 24 January 2022.

Daily rate histogram for Credit Risk in London

Credit Risk
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Credit Risk in London.

Hourly rate trend for Credit Risk in London

Credit Risk
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 within the London 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
Central London -59 22 £725 +32.36% 3
South London - 1 - -
Credit Risk
England

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 London region with a requirement for Credit Risk.

1 84 (46.67%) Banking
2 78 (43.33%) Finance
3 61 (33.89%) SQL
4 58 (32.22%) Java
5 53 (29.44%) Market Risk
6 47 (26.11%) Investment Banking
6 47 (26.11%) Python
7 38 (21.11%) Agile Software Development
8 34 (18.89%) AWS
8 34 (18.89%) C#
8 34 (18.89%) Analytics
9 32 (17.78%) Social Skills
9 32 (17.78%) Front Office
10 30 (16.67%) Stress Testing
11 29 (16.11%) Fixed Income
11 29 (16.11%) CI/CD
11 29 (16.11%) Azure
12 28 (15.56%) Risk Management
12 28 (15.56%) C++
13 24 (13.33%) Foreign Exchange (FX)
13 24 (13.33%) Derivative
13 24 (13.33%) GCP
13 24 (13.33%) Kubernetes
14 22 (12.22%) Full Stack Development
15 21 (11.67%) JavaScript
16 20 (11.11%) Equities
16 20 (11.11%) TypeScript
17 19 (10.56%) DevOps
17 19 (10.56%) TDD
18 18 (10.00%) Spring

Credit Risk
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 (3.89%) Elasticsearch
2 6 (3.33%) SAS
3 4 (2.22%) Apache Spark
4 3 (1.67%) IBM HTTP Server
4 3 (1.67%) Oracle SOA Suite
4 3 (1.67%) SharePoint
4 3 (1.67%) Tomcat
4 3 (1.67%) WebLogic
5 2 (1.11%) Apache Airflow
6 1 (0.56%) Jupyter
Applications
1 5 (2.78%) Microsoft Excel
2 4 (2.22%) Microsoft PowerPoint
2 4 (2.22%) MS Visio
3 3 (1.67%) LaTeX
3 3 (1.67%) Microsoft Project
4 1 (0.56%) Microsoft Office
Cloud Services
1 34 (18.89%) AWS
2 29 (16.11%) Azure
3 24 (13.33%) GCP
4 3 (1.67%) OpenShift
5 2 (1.11%) Amazon EMR
5 2 (1.11%) NuGet
5 2 (1.11%) Serverless
6 1 (0.56%) Amazon EC2
6 1 (0.56%) Amazon S3
6 1 (0.56%) AWS Lambda
6 1 (0.56%) Azure Cosmos DB
6 1 (0.56%) Azure Event Grid
6 1 (0.56%) Azure Functions
6 1 (0.56%) Azure Service Bus
6 1 (0.56%) Azure Synapse Analytics
Communications & Networking
1 3 (1.67%) LAN
1 3 (1.67%) WAN
2 2 (1.11%) Multicast
3 1 (0.56%) ATM
3 1 (0.56%) PuTTY
3 1 (0.56%) Unified Communications
3 1 (0.56%) VPN
3 1 (0.56%) WinSCP
3 1 (0.56%) WLAN
Database & Business Intelligence
1 13 (7.22%) Data Warehouse
1 13 (7.22%) MongoDB
2 11 (6.11%) SQL Server
3 8 (4.44%) NoSQL
4 7 (3.89%) SQL Server 2012
5 4 (2.22%) OLAP
5 4 (2.22%) OLAP Cube
5 4 (2.22%) Oracle Database
5 4 (2.22%) Oracle Database 11g
5 4 (2.22%) Oracle Database 12c
5 4 (2.22%) RDBMS
5 4 (2.22%) Relational Database
5 4 (2.22%) SQL Server Analysis Services
5 4 (2.22%) SQL Server Integration Services
5 4 (2.22%) SQL Server Reporting Services
6 3 (1.67%) Big Data
6 3 (1.67%) Biml
6 3 (1.67%) Hadoop
6 3 (1.67%) Hazelcast
7 2 (1.11%) Data Mart
Development Applications
1 15 (8.33%) Git (software)
2 10 (5.56%) JIRA
3 6 (3.33%) TeamCity
4 5 (2.78%) JUnit
4 5 (2.78%) Maven
4 5 (2.78%) Mockito
5 3 (1.67%) Jenkins
6 2 (1.11%) Atlassian Bamboo
6 2 (1.11%) Bitbucket
6 2 (1.11%) Cucumber
6 2 (1.11%) Liquibase
6 2 (1.11%) Protractor
6 2 (1.11%) SonarQube
7 1 (0.56%) git-flow
7 1 (0.56%) PowerDesigner
7 1 (0.56%) Selenium
7 1 (0.56%) Subversion
7 1 (0.56%) Team Foundation Server
7 1 (0.56%) webpack
General
1 84 (46.67%) Banking
2 78 (43.33%) Finance
3 47 (26.11%) Investment Banking
4 32 (17.78%) Front Office
4 32 (17.78%) Social Skills
5 12 (6.67%) Analytical Skills
6 7 (3.89%) Documentation Skills
7 6 (3.33%) Financial Institution
7 6 (3.33%) Retail Banking
8 4 (2.22%) Legal
8 4 (2.22%) Private Banking
9 3 (1.67%) Retail
10 2 (1.11%) Influencing Skills
10 2 (1.11%) Organisational Skills
10 2 (1.11%) Presentation Skills
11 1 (0.56%) Back Office
11 1 (0.56%) Corporate Banking
11 1 (0.56%) General Ledger
11 1 (0.56%) International Banking
11 1 (0.56%) Marketing
Job Titles
1 84 (46.67%) Developer
2 47 (26.11%) Analyst
3 30 (16.67%) Risk Analyst
4 29 (16.11%) Java Developer
5 22 (12.22%) Business Analyst
6 15 (8.33%) Architect
6 15 (8.33%) Front Office Developer
6 15 (8.33%) React Developer
6 15 (8.33%) Risk Business Analyst
7 14 (7.78%) Lead Developer
7 14 (7.78%) Qualitative Analyst
7 14 (7.78%) Quantitative Analyst
8 13 (7.22%) Credit Risk Business Analyst
9 12 (6.67%) C# Developer
9 12 (6.67%) Credit Risk Developer
9 12 (6.67%) Python Developer
9 12 (6.67%) Quantitative Risk Analyst
9 12 (6.67%) Senior Developer
10 11 (6.11%) Credit Risk Analyst
10 11 (6.11%) SQL Developer
Libraries, Frameworks & Software Standards
1 18 (10.00%) Spring
2 17 (9.44%) AngularJS
2 17 (9.44%) Spring Boot
3 16 (8.89%) React
4 14 (7.78%) GraphQL
4 14 (7.78%) Node.js
5 13 (7.22%) .NET
6 10 (5.56%) HTML
6 10 (5.56%) WPF
7 9 (5.00%) Hibernate
8 8 (4.44%) .NET Framework
8 8 (4.44%) WCF
9 6 (3.33%) CSS
9 6 (3.33%) Kafka
9 6 (3.33%) Lambda Expressions
10 5 (2.78%) HTML5
10 5 (2.78%) MyBatis
11 4 (2.22%) PySpark
12 3 (1.67%) JMS
13 2 (1.11%) CSS3
Miscellaneous
1 53 (29.44%) Market Risk
2 29 (16.11%) Fixed Income
3 24 (13.33%) Derivative
3 24 (13.33%) Foreign Exchange (FX)
4 20 (11.11%) Equities
5 16 (8.89%) Hedge funds
6 14 (7.78%) Cloud Native
7 7 (3.89%) Swaptions
8 5 (2.78%) Public Cloud
9 4 (2.22%) Data Protection Act
9 4 (2.22%) State Machine
10 3 (1.67%) Credit Derivative
10 3 (1.67%) Legacy Applications
10 3 (1.67%) Virtual Team
11 2 (1.11%) Algorithms
11 2 (1.11%) Enterprise Software
11 2 (1.11%) Legacy Systems
11 2 (1.11%) Renewable Energy
11 2 (1.11%) Self-Motivation
12 1 (0.56%) User Experience
Operating Systems
1 11 (6.11%) Linux
2 8 (4.44%) Windows
3 3 (1.67%) Unix
Processes & Methodologies
1 38 (21.11%) Agile Software Development
2 34 (18.89%) Analytics
3 30 (16.67%) Stress Testing
4 29 (16.11%) CI/CD
5 28 (15.56%) Risk Management
6 22 (12.22%) Full Stack Development
7 19 (10.56%) DevOps
7 19 (10.56%) TDD
8 18 (10.00%) Microservices
8 18 (10.00%) Software Engineering
8 18 (10.00%) Validation
9 16 (8.89%) Asset Management
9 16 (8.89%) Risk Analytics
10 15 (8.33%) User Acceptance Testing
11 14 (7.78%) Investment Management
11 14 (7.78%) Model Validation
12 13 (7.22%) Scrum
13 12 (6.67%) Data Analysis
13 12 (6.67%) ETL
14 11 (6.11%) Problem-Solving
Programming Languages
1 61 (33.89%) SQL
2 58 (32.22%) Java
3 47 (26.11%) Python
4 34 (18.89%) C#
5 28 (15.56%) C++
6 21 (11.67%) JavaScript
7 20 (11.11%) TypeScript
8 17 (9.44%) Java 8
9 15 (8.33%) Scala
10 14 (7.78%) Kotlin
11 11 (6.11%) T-SQL
12 9 (5.00%) VBA
13 7 (3.89%) R
14 6 (3.33%) PL/SQL
15 5 (2.78%) Java 11
16 3 (1.67%) F#
17 1 (0.56%) Assembly Language
17 1 (0.56%) Bicep
17 1 (0.56%) Go
17 1 (0.56%) VB
Qualifications
1 10 (5.56%) Degree
2 5 (2.78%) Master's Degree
3 4 (2.22%) PhD
4 2 (1.11%) CFA
5 1 (0.56%) ISTQB
5 1 (0.56%) Numerate Degree
Quality Assurance & Compliance
1 4 (2.22%) QA
2 3 (1.67%) IFRS
2 3 (1.67%) IFRS 9
2 3 (1.67%) PMO
3 2 (1.11%) Basel III
3 2 (1.11%) CRD IV
4 1 (0.56%) COREP
4 1 (0.56%) Data Quality
4 1 (0.56%) GDPR
4 1 (0.56%) PSD2
4 1 (0.56%) SEPA
4 1 (0.56%) TARGET2
System Software
1 18 (10.00%) Docker
2 1 (0.56%) Platform Symphony
Systems Management
1 24 (13.33%) Kubernetes
2 5 (2.78%) Control-M
3 3 (1.67%) Terraform
4 1 (0.56%) Ansible
4 1 (0.56%) Kibana
4 1 (0.56%) Single Sign-On
Vendors
1 12 (6.67%) Oracle
2 10 (5.56%) Microsoft
3 8 (4.44%) Sybase
4 3 (1.67%) Databricks
4 3 (1.67%) SAP
5 2 (1.11%) IBM
5 2 (1.11%) Informatica
5 2 (1.11%) Red Hat
5 2 (1.11%) Telerik
6 1 (0.56%) Adobe
6 1 (0.56%) BiZZdesign
6 1 (0.56%) Google
6 1 (0.56%) Infragistics
6 1 (0.56%) MuleSoft
6 1 (0.56%) Murex
6 1 (0.56%) Salesforce.com