Period
to 18 April 2021

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 18 April 2021 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
18 Apr 2021
Same period 2020 Same period 2019
Rank 313 335 426
Rank change year-on-year +22 +91 -50
Contract jobs citing Credit Risk 144 118 185
As % of all contract jobs advertised in London 0.65% 0.50% 0.44%
As % of the Miscellaneous category 1.77% 1.42% 1.24%
Number of daily rates quoted 100 86 151
10th Percentile £396 £419 £513
25th Percentile £513 £463 £575
Median daily rate (50th Percentile) £625 £575 £625
Median % change year-on-year +8.70% -8.00% +4.17%
75th Percentile £700 £706 £675
90th Percentile £775 £788 £725
England median daily rate £625 £575 £625
% change year-on-year +8.70% -8.00% +8.70%

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 8,147 8,330 14,933
As % of all contract IT jobs advertised in London 37.05% 35.33% 35.27%
Number of daily rates quoted 5,697 5,982 10,637
10th Percentile £328 £300 £319
25th Percentile £425 £413 £413
Median daily rate (50th Percentile) £525 £525 £525
75th Percentile £638 £625 £625
90th Percentile £738 £713 £700
England median daily rate £500 £475 £475
% change year-on-year +5.16% - +2.70%
Number of hourly rates quoted 142 139 228
10th Percentile £16.21 £12.44 £12.76
25th Percentile £20.75 £18.00 £18.56
Median hourly rate £28.44 £27.00 £24.47
Median % change year-on-year +5.31% +10.36% +9.12%
75th Percentile £46.31 £45.13 £37.50
90th Percentile £58.63 £52.60 £49.87
England median hourly rate £25.00 £22.00 £20.72
% change year-on-year +13.64% +6.18% -1.33%

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 18 April 2021.

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 18 April 2021. 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 +58 35 £619 +17.86% 3
Credit Risk
England

For the 6 months to 18 April 2021, 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 98 (68.06%) Finance
2 70 (48.61%) Banking
3 48 (33.33%) Analytics
4 43 (29.86%) Python
4 43 (29.86%) Market Risk
5 42 (29.17%) Front Office
6 41 (28.47%) Agile Software Development
7 40 (27.78%) Java
8 39 (27.08%) Risk Management
9 35 (24.31%) Analytical Skills
10 33 (22.92%) Investment Banking
11 31 (21.53%) SQL
12 29 (20.14%) Derivative
13 23 (15.97%) C#
13 23 (15.97%) Risk Analytics
14 21 (14.58%) C++
15 20 (13.89%) Scrum
15 20 (13.89%) GCP
16 19 (13.19%) Asset Management
16 19 (13.19%) JavaScript
16 19 (13.19%) Oracle
16 19 (13.19%) Azure
16 19 (13.19%) AWS
17 18 (12.50%) Scala
18 17 (11.81%) TDD
18 17 (11.81%) Data Modelling
19 16 (11.11%) Fixed Income
19 16 (11.11%) Kanban
19 16 (11.11%) Software Engineering
19 16 (11.11%) 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 (4.86%) SAS
2 5 (3.47%) Apache Spark
2 5 (3.47%) Tomcat
3 4 (2.78%) GlassFish
3 4 (2.78%) JBoss
3 4 (2.78%) WebSphere
3 4 (2.78%) WebSphere Application Server
4 1 (0.69%) Camunda
4 1 (0.69%) Cloud Foundry
Applications
1 7 (4.86%) Microsoft Excel
2 4 (2.78%) Microsoft PowerPoint
2 4 (2.78%) MS Visio
3 2 (1.39%) Microsoft Office
Cloud Services
1 20 (13.89%) GCP
2 19 (13.19%) AWS
2 19 (13.19%) Azure
3 4 (2.78%) IaaS
3 4 (2.78%) PaaS
4 2 (1.39%) Salesforce Sales Cloud
4 2 (1.39%) Salesforce Service Cloud
5 1 (0.69%) OpenShift
5 1 (0.69%) SaaS
Communications & Networking
1 1 (0.69%) PuTTY
1 1 (0.69%) WinSCP
Database & Business Intelligence
1 15 (10.42%) Data Warehouse
2 14 (9.72%) Oracle Database
3 13 (9.03%) Oracle Database 11g
3 13 (9.03%) Relational Database
4 10 (6.94%) Oracle Database 12c
5 8 (5.56%) RDBMS
6 5 (3.47%) Hadoop
6 5 (3.47%) SQL Server
7 4 (2.78%) Big Data
7 4 (2.78%) SQL Server Analysis Services
8 3 (2.08%) BusinessObjects XI
8 3 (2.08%) Microsoft Analysis Services
8 3 (2.08%) Oracle Exadata
8 3 (2.08%) Tableau
9 2 (1.39%) Apache Hive
9 2 (1.39%) OLTP
9 2 (1.39%) SQL Server Integration Services
9 2 (1.39%) SQL Server Reporting Services
10 1 (0.69%) BusinessObjects
10 1 (0.69%) MySQL
Development Applications
1 13 (9.03%) Maven
2 6 (4.17%) Ant
3 4 (2.78%) JIRA
3 4 (2.78%) JUnit
3 4 (2.78%) Octopus Deploy
3 4 (2.78%) Subversion
4 3 (2.08%) Git (software)
4 3 (2.08%) Jenkins
5 2 (1.39%) TeamCity
6 1 (0.69%) JConsole
6 1 (0.69%) JProfiler
6 1 (0.69%) PowerDesigner
6 1 (0.69%) VisualVM
General
1 98 (68.06%) Finance
2 70 (48.61%) Banking
3 42 (29.17%) Front Office
4 33 (22.92%) Investment Banking
5 8 (5.56%) Legal
6 7 (4.86%) Financial Institution
7 6 (4.17%) Back Office
8 4 (2.78%) Law
9 3 (2.08%) Retail
9 3 (2.08%) Retail Finance
10 2 (1.39%) Billing
10 2 (1.39%) Retail Banking
11 1 (0.69%) Corporate Banking
11 1 (0.69%) General Ledger
11 1 (0.69%) International Banking
11 1 (0.69%) Private Banking
11 1 (0.69%) Wholesale Banking
Job Titles
1 68 (47.22%) Developer
2 32 (22.22%) Analyst
3 23 (15.97%) Java Developer
4 21 (14.58%) Risk Analyst
4 21 (14.58%) Senior Developer
5 18 (12.50%) Front Office Developer
6 16 (11.11%) Business Analyst
7 15 (10.42%) React Developer
8 13 (9.03%) Senior Java Developer
9 12 (8.33%) Oracle Developer
10 11 (7.64%) Architect
11 10 (6.94%) Credit Analyst
11 10 (6.94%) Credit Risk Analyst
11 10 (6.94%) Python Developer
12 8 (5.56%) Credit Risk Developer
12 8 (5.56%) Qualitative Analyst
12 8 (5.56%) Quantitative Analyst
12 8 (5.56%) Quantitative Risk Analyst
13 7 (4.86%) Product Manager
13 7 (4.86%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 16 (11.11%) Spring
2 15 (10.42%) GraphQL
2 15 (10.42%) Node.js
2 15 (10.42%) React
3 11 (7.64%) Spring Boot
4 8 (5.56%) .NET
5 4 (2.78%) DOM
5 4 (2.78%) Java EE
5 4 (2.78%) JDBC
5 4 (2.78%) JMS
5 4 (2.78%) JSP
5 4 (2.78%) SAX
5 4 (2.78%) WebSphere MQ
5 4 (2.78%) XML
6 3 (2.08%) Pandas
6 3 (2.08%) scikit-learn
6 3 (2.08%) Web Services
7 2 (1.39%) HTML
7 2 (1.39%) Sass
7 2 (1.39%) Swagger
Miscellaneous
1 43 (29.86%) Market Risk
2 35 (24.31%) Analytical Skills
3 29 (20.14%) Derivative
4 16 (11.11%) Fixed Income
5 15 (10.42%) Equities
5 15 (10.42%) Foreign Exchange (FX)
5 15 (10.42%) Hedge funds
6 11 (7.64%) Grid Computing
7 8 (5.56%) Data Structures
8 6 (4.17%) Enterprise Software
8 6 (4.17%) Self-Motivation
9 5 (3.47%) Swaptions
10 4 (2.78%) Taxonomies
11 3 (2.08%) Analytical Mindset
11 3 (2.08%) Hybrid Cloud
11 3 (2.08%) Reference Data
12 2 (1.39%) Credit Derivative
12 2 (1.39%) Enterprise Cloud
12 2 (1.39%) Management Information System
12 2 (1.39%) PMI
Operating Systems
1 10 (6.94%) Unix
2 9 (6.25%) Linux
Processes & Methodologies
1 48 (33.33%) Analytics
2 41 (28.47%) Agile Software Development
3 39 (27.08%) Risk Management
4 23 (15.97%) Risk Analytics
5 20 (13.89%) Scrum
6 19 (13.19%) Asset Management
7 17 (11.81%) Data Modelling
7 17 (11.81%) TDD
8 16 (11.11%) Kanban
8 16 (11.11%) Software Engineering
9 15 (10.42%) Investment Management
9 15 (10.42%) Visualisation
10 14 (9.72%) Continuous Integration
10 14 (9.72%) Performance Tuning
10 14 (9.72%) SDLC
10 14 (9.72%) Statistical Analysis
11 13 (9.03%) Problem-Solving
12 12 (8.33%) Stakeholder Management
12 12 (8.33%) Test Automation
12 12 (8.33%) User Acceptance Testing
Programming Languages
1 43 (29.86%) Python
2 40 (27.78%) Java
3 31 (21.53%) SQL
4 23 (15.97%) C#
5 21 (14.58%) C++
6 19 (13.19%) JavaScript
7 18 (12.50%) Scala
8 16 (11.11%) TypeScript
9 15 (10.42%) Kotlin
10 11 (7.64%) VBA
11 7 (4.86%) Java 8
12 6 (4.17%) PL/SQL
13 5 (3.47%) R
14 4 (2.78%) Shell Script
14 4 (2.78%) XPath
15 2 (1.39%) Apex Code
15 2 (1.39%) SOQL
15 2 (1.39%) SOSL
16 1 (0.69%) C
Qualifications
1 10 (6.94%) Degree
2 6 (4.17%) PhD
3 3 (2.08%) PMI Certification
4 1 (0.69%) CFA
4 1 (0.69%) PMP
Quality Assurance & Compliance
1 8 (5.56%) Basel III
1 8 (5.56%) IFRS
1 8 (5.56%) IFRS 9
2 4 (2.78%) Basel II
3 3 (2.08%) COREP
4 2 (1.39%) CRD IV
4 2 (1.39%) Dodd-Frank
4 2 (1.39%) ITGC
4 2 (1.39%) QA
5 1 (0.69%) FINREP
5 1 (0.69%) GRC
5 1 (0.69%) Sarbanes-Oxley
System Software
1 11 (7.64%) Docker
Systems Management
1 12 (8.33%) Kubernetes
Vendors
1 19 (13.19%) Oracle
2 5 (3.47%) Google
3 4 (2.78%) Microsoft
4 3 (2.08%) SAP
5 2 (1.39%) Salesforce.com
6 1 (0.69%) BiZZdesign
6 1 (0.69%) Bloomberg
6 1 (0.69%) Databricks
6 1 (0.69%) Dataiku
6 1 (0.69%) Murex