Period
to 15 December 2019

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 15 December 2019 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
15 Dec 2019
Same period 2018 Same period 2017
Rank 417 428 305
Rank change year-on-year +11 -123 +25
Contract jobs citing Credit Risk 120 216 381
As % of all contract IT jobs advertised in London 0.36% 0.46% 0.80%
As % of the Miscellaneous category 1.07% 1.30% 2.14%
Number of daily rates quoted 83 179 295
London median daily rate £600 £625 £600
Median daily rate % change year-on-year -4.00% +4.17% +14.29%
10th Percentile £450 £469 £494
90th Percentile £810 £725 £788
England median daily rate £600 £620 £600
% change year-on-year -3.23% +3.33% +20.00%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

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 11,194 16,590 17,782
As % of all contract IT jobs advertised in London 33.34% 35.69% 37.44%
Number of daily rates quoted 7,770 11,846 12,666
London median daily rate £515 £525 £500
Median daily rate % change year-on-year -1.90% +5.00% +5.26%
10th Percentile £300 £313 £310
90th Percentile £700 £700 £688
England median daily rate £475 £475 £450
% change year-on-year - +5.56% +5.88%
Number of hourly rates quoted 168 274 238
London median hourly rate £23.25 £23.07 £21.40
Median hourly rate % change year-on-year +0.80% +7.78% +7.00%
10th Percentile £12.44 £13.00 £12.75
90th Percentile £52.50 £53.75 £47.83
England median hourly rate £23.50 £20.00 £20.66
% change year-on-year +17.50% -3.17% +3.28%

Credit Risk
Job Vacancy Trend in London

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

Job vacancy trend for Credit Risk in London

Credit Risk
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Credit Risk in London

Credit Risk
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Credit Risk in London over the 6 months to 15 December 2019.

Contractor daily rate histogram for Credit Risk in London

Credit Risk
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 in London.

Contractor 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 15 December 2019. 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 +37 23 £700 +19.15% 6
East London - 1 - - 2
Credit Risk
England

For the 6 months to 15 December 2019, 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 73 (60.83%) Finance
2 62 (51.67%) Banking
3 45 (37.50%) Python
4 41 (34.17%) Front Office
5 38 (31.67%) SQL
6 30 (25.00%) Agile Software Development
7 29 (24.17%) Java
7 29 (24.17%) Analytics
8 25 (20.83%) C#
9 23 (19.17%) SAS
10 20 (16.67%) Investment Banking
10 20 (16.67%) Market Risk
11 19 (15.83%) Credit Risk Modelling
12 18 (15.00%) Derivative
12 18 (15.00%) Validation
13 17 (14.17%) Stakeholder Management
13 17 (14.17%) Foreign Exchange (FX)
14 16 (13.33%) Fixed Income
15 15 (12.50%) Scala
16 14 (11.67%) SQL Server Integration Services
16 14 (11.67%) IFRS
16 14 (11.67%) IFRS 9
17 13 (10.83%) Greenfield Project
17 13 (10.83%) Mathematics
17 13 (10.83%) .NET
17 13 (10.83%) AWS
18 12 (10.00%) R
18 12 (10.00%) Stress Testing
18 12 (10.00%) TDD
19 11 (9.17%) SQL Server

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 23 (19.17%) SAS
2 11 (9.17%) Apache Spark
3 6 (5.00%) Apache
4 1 (0.83%) Confluence
Applications
1 6 (5.00%) Microsoft Office
2 4 (3.33%) Microsoft Excel
3 2 (1.67%) Spreadsheet
4 1 (0.83%) MS Visio
Business Applications
1 1 (0.83%) HFM
Cloud Services
1 13 (10.83%) AWS
2 8 (6.67%) Amazon S3
3 5 (4.17%) Amazon ECS
3 5 (4.17%) AWS Lambda
3 5 (4.17%) Power Platform
3 5 (4.17%) Serverless
4 4 (3.33%) GCP
5 2 (1.67%) OpenShift
6 1 (0.83%) Azure
Communications & Networking
1 4 (3.33%) PuTTY
2 1 (0.83%) HTTP
Database & Business Intelligence
1 14 (11.67%) SQL Server Integration Services
2 11 (9.17%) SQL Server
3 10 (8.33%) MongoDB
4 8 (6.67%) Big Data
5 7 (5.83%) Hadoop
5 7 (5.83%) PostgreSQL
5 7 (5.83%) Relational Database
6 6 (5.00%) NoSQL
6 6 (5.00%) RDBMS
7 5 (4.17%) Power BI
7 5 (4.17%) Redis
8 4 (3.33%) SQL Server Reporting Services
9 3 (2.50%) Amazon Athena
9 3 (2.50%) Amazon DynamoDB
9 3 (2.50%) Amazon RDS
9 3 (2.50%) Apache Hive
9 3 (2.50%) Data Warehouse
10 2 (1.67%) Oracle Database
10 2 (1.67%) Oracle Database 11g
10 2 (1.67%) Oracle Database 12c
Development Applications
1 9 (7.50%) JIRA
1 9 (7.50%) NUnit
2 7 (5.83%) JConsole
2 7 (5.83%) JProfiler
2 7 (5.83%) VisualVM
3 2 (1.67%) Git (software)
3 2 (1.67%) IntelliJ
3 2 (1.67%) TeamCity
4 1 (0.83%) Oracle APEX
General
1 73 (60.83%) Finance
2 62 (51.67%) Banking
3 41 (34.17%) Front Office
4 20 (16.67%) Investment Banking
5 5 (4.17%) Legal
6 4 (3.33%) Retail
7 3 (2.50%) Financial Institution
8 1 (0.83%) Advertising
8 1 (0.83%) International Banking
8 1 (0.83%) Retail Banking
Job Titles
1 46 (38.33%) Developer
2 33 (27.50%) Analyst
3 21 (17.50%) Risk Analyst
4 20 (16.67%) Java Developer
5 15 (12.50%) Senior Developer
6 13 (10.83%) Credit Analyst
6 13 (10.83%) Credit Risk Analyst
6 13 (10.83%) Senior Java Developer
7 10 (8.33%) Credit Risk Developer
8 9 (7.50%) Credit Risk Java Developer
8 9 (7.50%) Qualitative Analyst
8 9 (7.50%) Quantitative Analyst
8 9 (7.50%) Quantitative Developer
9 8 (6.67%) Python Developer
9 8 (6.67%) SAS Analyst
10 7 (5.83%) C# Developer
10 7 (5.83%) Data Analyst
10 7 (5.83%) Front Office Developer
10 7 (5.83%) SAS Credit Risk Analyst
10 7 (5.83%) SAS Risk Analyst
Libraries, Frameworks & Software Standards
1 13 (10.83%) .NET
2 9 (7.50%) ASP.NET
2 9 (7.50%) ASP.NET MVC
2 9 (7.50%) REST
2 9 (7.50%) WCF
2 9 (7.50%) WPF
3 8 (6.67%) AngularJS
3 8 (6.67%) XML
4 6 (5.00%) Kafka
5 5 (4.17%) Natural Language Processing
6 4 (3.33%) J2EE
6 4 (3.33%) J2SE
6 4 (3.33%) XML Messaging
7 3 (2.50%) HTML
7 3 (2.50%) Node.js
7 3 (2.50%) React
7 3 (2.50%) Web Services
8 2 (1.67%) HTML5
8 2 (1.67%) Spring
9 1 (0.83%) JSON
Miscellaneous
1 20 (16.67%) Market Risk
2 18 (15.00%) Derivative
3 17 (14.17%) Foreign Exchange (FX)
4 16 (13.33%) Fixed Income
5 13 (10.83%) Greenfield Project
6 11 (9.17%) Analytical Skills
7 10 (8.33%) Credit Derivative
8 9 (7.50%) Hedge funds
9 8 (6.67%) Equities
10 4 (3.33%) Grid Computing
11 3 (2.50%) Mainframe
11 3 (2.50%) Self-Motivation
12 1 (0.83%) Management Information System
12 1 (0.83%) Reference Data
12 1 (0.83%) Virtual Team
Operating Systems
1 8 (6.67%) Unix
2 1 (0.83%) Windows
2 1 (0.83%) Windows Server
Processes & Methodologies
1 30 (25.00%) Agile Software Development
2 29 (24.17%) Analytics
3 19 (15.83%) Credit Risk Modelling
4 18 (15.00%) Validation
5 17 (14.17%) Stakeholder Management
6 13 (10.83%) Mathematics
7 12 (10.00%) Stress Testing
7 12 (10.00%) TDD
8 10 (8.33%) Backtesting
8 10 (8.33%) Problem-Solving
9 9 (7.50%) Credit Risk Management
9 9 (7.50%) Data Visualisation
9 9 (7.50%) Low Latency
9 9 (7.50%) MVC
9 9 (7.50%) Performance Tuning
9 9 (7.50%) Physics
9 9 (7.50%) Risk Management
9 9 (7.50%) Visualisation
10 8 (6.67%) DevOps
10 8 (6.67%) Microservices
Programming Languages
1 45 (37.50%) Python
2 38 (31.67%) SQL
3 29 (24.17%) Java
4 25 (20.83%) C#
5 15 (12.50%) Scala
6 12 (10.00%) R
7 10 (8.33%) C++
7 10 (8.33%) JavaScript
8 9 (7.50%) T-SQL
9 6 (5.00%) TypeScript
10 5 (4.17%) Clojure
11 4 (3.33%) VBA
12 3 (2.50%) VB
13 2 (1.67%) PL/SQL
14 1 (0.83%) Data Analysis Expressions (DAX)
14 1 (0.83%) Java 8
14 1 (0.83%) Perl
Qualifications
1 7 (5.83%) PhD
2 5 (4.17%) Degree
3 1 (0.83%) Master's Degree
Quality Assurance & Compliance
1 14 (11.67%) IFRS
1 14 (11.67%) IFRS 9
2 5 (4.17%) Data Quality
3 3 (2.50%) COREP
3 3 (2.50%) CRD IV
4 2 (1.67%) Basel II
4 2 (1.67%) Basel III
5 1 (0.83%) Sarbanes-Oxley
System Software
1 7 (5.83%) Docker
Systems Management
1 6 (5.00%) HP Quality Center
2 2 (1.67%) Kubernetes
Vendors
1 5 (4.17%) Google
1 5 (4.17%) Microsoft
2 4 (3.33%) HP
2 4 (3.33%) Murex
2 4 (3.33%) Oracle
3 3 (2.50%) TSYS
4 2 (1.67%) Tableau
5 1 (0.83%) Hyperion
5 1 (0.83%) Salesforce.com
5 1 (0.83%) Sybase