Period
to 22 November 2017

The median contractor rate for a Credit Analyst was £500 per day in advertised job vacancies during the 6 months to 22 November 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 Analyst
UK
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 774 808 745
Rank change year-on-year +34 -63 -66
Contract jobs requiring a Credit Analyst 110 91 159
As % of all contract IT jobs advertised in the UK 0.11% 0.086% 0.14%
As % of the Job Titles category 0.11% 0.091% 0.15%
Number of daily rates quoted 79 69 121
UK median daily rate £500 £450 £475
Median daily rate % change year-on-year +11.11% -5.26% +2.15%
10th Percentile £348 £350 £350
90th Percentile £913 £638 £625
UK excluding London median daily rate £380 £425 £400
% change year-on-year -10.59% +6.25% -5.88%
Number of hourly rates quoted 0 0 1
UK median hourly rate - - £60.00
UK excluding London median hourly rate - - £60.00

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 97824 99914 107019
% of contract IT jobs with a recognized job title 94.81% 94.76% 94.91%
Number of daily rates quoted 64542 65150 68083
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £392 £375
% change year-on-year +2.04% +4.53% +3.45%
Number of hourly rates quoted 2932 3310 4089
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.88% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.50 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.77
% change year-on-year - -1.52% +9.96%

Credit Analyst
Job Vacancy Trend

Job postings that featured Credit Analyst in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Credit Analyst in the UK

Credit Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Credit Analyst in the UK

Credit Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Credit Analyst over the 6 months to 22 November 2017.

Contractor daily rate histogram for Credit Analyst in the UK

Credit Analyst
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Credit Analyst.

Contractor hourly rate trend for Credit Analyst in the UK

Credit Analyst
Top 12 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Analyst within the UK over the 6 months to 22 November 2017. 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
England +33 97 £570 +26.67% 12
London -15 77 £588 +17.50% 10
UK excluding London +33 32 £380 -10.59% 2
Scotland -4 12 £342 -19.77%
South East +15 9 £363 -14.71%
North of England +75 7 £414 -2.01% 2
Yorkshire +27 4 £423 +0.12% 1
North West +13 3 £405 - 1
Midlands +20 2 £538 +19.44%
East Midlands -3 2 £538 -
Wales +19 1 £380 -5.00%
South West +3 1 £363 +18.85%

Credit Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 22 November 2017, Credit 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 featuring Credit Analyst in the job title.

1 81 (73.64%) Credit Risk
2 59 (53.64%) Finance
3 48 (43.64%) Banking
4 31 (28.18%) Derivative
5 27 (24.55%) Credit Risk Modelling
6 26 (23.64%) Mathematics
7 22 (20.00%) QA
7 22 (20.00%) Stakeholder Management
7 22 (20.00%) Validation
7 22 (20.00%) C++
8 20 (18.18%) Stochastic Modelling
8 20 (18.18%) Retail Banking
9 19 (17.27%) Physics
9 19 (17.27%) C#
9 19 (17.27%) Benchmarking
9 19 (17.27%) Internal Audit
9 19 (17.27%) Quantitative Finance
10 18 (16.36%) SQL
11 17 (15.45%) Analytical Skills
12 16 (14.55%) Microsoft Excel
12 16 (14.55%) Data Modelling
13 14 (12.73%) Business Analysis
14 13 (11.82%) Data Analysis
14 13 (11.82%) SAS
15 12 (10.91%) Market Risk
16 11 (10.00%) Project Management
16 11 (10.00%) Front Office
16 11 (10.00%) Risk Management
16 11 (10.00%) Migration
16 11 (10.00%) Fixed Income

Credit Analyst Skill Set
Co-occurring IT Skills 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 13 (11.82%) SAS
2 1 (0.91%) Confluence
Applications
1 16 (14.55%) Microsoft Excel
2 7 (6.36%) Microsoft PowerPoint
2 7 (6.36%) MS Visio
3 1 (0.91%) Microsoft Office
Business Applications
1 3 (2.73%) ION MarketView
2 2 (1.82%) VisionPLUS
Communications & Networking
1 2 (1.82%) ATM
2 1 (0.91%) SMS
Database & Business Intelligence
1 8 (7.27%) MS Access
2 6 (5.45%) SQL Server
3 1 (0.91%) Data Warehouse
3 1 (0.91%) Oracle Database
Development Applications
1 3 (2.73%) JIRA
2 2 (1.82%) Balsamiq Mockups
3 1 (0.91%) Atlassian Bamboo
General
1 59 (53.64%) Finance
2 48 (43.64%) Banking
3 20 (18.18%) Retail Banking
4 11 (10.00%) Front Office
5 8 (7.27%) Investment Banking
5 8 (7.27%) Retail
6 2 (1.82%) Private Banking
7 1 (0.91%) Legal
7 1 (0.91%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 9 (8.18%) XML
2 8 (7.27%) CSS
2 8 (7.27%) HTML
3 2 (1.82%) FIX Protocol
Miscellaneous
1 81 (73.64%) Credit Risk
2 31 (28.18%) Derivative
3 17 (15.45%) Analytical Skills
4 12 (10.91%) Market Risk
5 11 (10.00%) Fixed Income
6 7 (6.36%) Credit Derivative
7 6 (5.45%) Foreign Exchange (FX)
8 5 (4.55%) Interest Rate Derivative
9 2 (1.82%) Fintech
9 2 (1.82%) Greenfield Project
10 1 (0.91%) Computer Science
10 1 (0.91%) Management Information System
10 1 (0.91%) SCADA
Operating Systems
1 3 (2.73%) Unix
1 3 (2.73%) Windows
2 1 (0.91%) Linux
Processes & Methodologies
1 27 (24.55%) Credit Risk Modelling
2 26 (23.64%) Mathematics
3 22 (20.00%) Stakeholder Management
3 22 (20.00%) Validation
4 20 (18.18%) Stochastic Modelling
5 19 (17.27%) Benchmarking
5 19 (17.27%) Internal Audit
5 19 (17.27%) Physics
5 19 (17.27%) Quantitative Finance
6 16 (14.55%) Data Modelling
7 14 (12.73%) Business Analysis
8 13 (11.82%) Data Analysis
9 11 (10.00%) Migration
9 11 (10.00%) Project Management
9 11 (10.00%) Risk Management
9 11 (10.00%) SDLC
10 10 (9.09%) Data Management
11 9 (8.18%) Agile Software Development
11 9 (8.18%) Analytics
11 9 (8.18%) Business Intelligence
Programming Languages
1 22 (20.00%) C++
2 19 (17.27%) C#
3 18 (16.36%) SQL
4 10 (9.09%) VBA
5 8 (7.27%) PHP
6 7 (6.36%) Python
7 2 (1.82%) MATLAB
7 2 (1.82%) R
8 1 (0.91%) Delphi
8 1 (0.91%) VB
Qualifications
1 7 (6.36%) Degree
2 6 (5.45%) Numerate Degree
3 5 (4.55%) CFA
3 5 (4.55%) MBA
4 3 (2.73%) ISEB
5 1 (0.91%) ISTQB
5 1 (0.91%) Master's Degree
5 1 (0.91%) Postgraduate
Quality Assurance & Compliance
1 22 (20.00%) QA
2 7 (6.36%) Basel II
3 6 (5.45%) IFRS
3 6 (5.45%) IFRS 9
4 2 (1.82%) Basel III
4 2 (1.82%) Data Quality
4 2 (1.82%) ISO 8583
5 1 (0.91%) PMO
Systems Management
1 2 (1.82%) HP Quality Center
2 1 (0.91%) ITRS Geneos
Vendors
1 9 (8.18%) Microsoft
2 8 (7.27%) Cognos
3 7 (6.36%) ION Trading
4 5 (4.55%) Murex
5 4 (3.64%) Sun
6 2 (1.82%) Bloomberg
6 2 (1.82%) Oracle
6 2 (1.82%) Tradeweb
7 1 (0.91%) Atlassian
7 1 (0.91%) SAP
7 1 (0.91%) TSYS