The median contractor rate for a Credit Analyst was £410 per day in advertised job vacancies during the 3 months to 24 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 Analyst
UK
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 548 563 537
Rank change year-on-year +15 -26  
Contract jobs requiring a Credit Analyst 53 81 109
As % of all contract IT jobs advertised in the UK 0.11% 0.15% 0.19%
As % of the Job Titles category 0.12% 0.16% 0.20%
Number of daily rates quoted 33 58 83
Median daily rate £410 £450 £455
Median daily rate % change year-on-year -8.88% -1.09%  
90% offered a daily rate of more than £344 £310 £382
10% offered a daily rate of more than £500 £600 £600
UK excluding London median daily rate £393 £425 £426
% change year-on-year -7.64% -0.29%  
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. 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
UK
Contract job vacancies with a job title containing a recognized job role 43829 51011 53185
As % of all contract IT job vacancies advertised in the UK 94.75% 94.87% 94.80%
Number of daily rates quoted 28353 33254 33375
Median daily rate £438 £425 £400
Median daily rate % change year-on-year +2.94% +6.25%  
90% offered a daily rate of more than £275 £260 £245
10% offered a daily rate of more than £600 £600 £570
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 1353 1511 2053
Median hourly rate £18.00 £17.50 £16.50
Median hourly rate % change year-on-year +2.85% +6.06%  
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £44.00 £40.00
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Credit Analyst
Job Vacancy Trend

The job posting trend of jobs advertised that featured Credit Analyst in the job title.

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 3 months to 24 June 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 23 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 3 months to 24 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
England +30 45 £413 -8.33% 5
London +2 25 £500 -0.09% 3
Scotland +39 8 £334 -16.62% 3
South East +35 8 £363 -9.37% 1
Edinburgh +12 8 £334 -16.62% 3
North West +22 5 £400 -15.78%
Berkshire - 5 £363 -
City of London -2 4 £575 +27.77% 1
Reading - 4 £363 -
Yorkshire +20 3 £410 +6.49%
Northamptonshire +1 3 £475 -
East Midlands -5 3 £475 -
Buckinghamshire -15 3 - -
Sheffield - 3 £410 -
South Yorkshire - 3 £410 -
Northampton +5 2 £475 -
South West +2 1 £375 +25.00% 1
Liverpool 0 1 £360 -24.21%
Merseyside 0 1 £360 -24.21%
Milton Keynes -12 1 - -
Bromley - 1 - -
Swindon - 1 £375 -
Wiltshire - 1 £375 -

Credit Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 24 June 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 60 (53.57%) Credit Risk
2 59 (52.68%) Banking
3 58 (51.79%) Finance
4 27 (24.11%) Retail
5 24 (21.43%) SQL
5 24 (21.43%) Analytical Skills
6 19 (16.96%) Retail Banking
7 18 (16.07%) SAS
8 16 (14.29%) Stakeholder Management
9 15 (13.39%) Risk Management
9 15 (13.39%) Foreign Exchange (FX)
9 15 (13.39%) Migration
10 14 (12.50%) Business Analysis
11 13 (11.61%) IFRS
11 13 (11.61%) IFRS 9
11 13 (11.61%) User Acceptance Testing
12 12 (10.71%) Market Risk
12 12 (10.71%) Analytics
12 12 (10.71%) Agile Software Development
12 12 (10.71%) Python
12 12 (10.71%) Microsoft Excel
12 12 (10.71%) SQL Server
13 11 (9.82%) Credit Risk Modelling
14 10 (8.93%) Front Office
14 10 (8.93%) Degree
15 9 (8.04%) Fixed Income
15 9 (8.04%) Project Management
15 9 (8.04%) Stress Testing
16 8 (7.14%) Dodd-Frank
16 8 (7.14%) Credit Risk Management

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 18 (16.07%) SAS
2 1 (0.89%) Confluence
Applications
1 12 (10.71%) Microsoft Excel
2 7 (6.25%) Microsoft PowerPoint
2 7 (6.25%) MS Visio
3 4 (3.57%) Microsoft Office
Business Applications
1 7 (6.25%) ION MarketView
2 6 (5.36%) Summit
3 1 (0.89%) VisionPLUS
Cloud Services
1 1 (0.89%) IBM Blueworks
Communications & Networking
1 2 (1.79%) ATM
2 1 (0.89%) SMS
Database & Business Intelligence
1 12 (10.71%) SQL Server
2 4 (3.57%) Data Warehouse
3 2 (1.79%) Base SAS
3 2 (1.79%) QlikView
4 1 (0.89%) Data Mining
4 1 (0.89%) DB2
4 1 (0.89%) SAS Enterprise Guide
4 1 (0.89%) SAS Visual Analytics
4 1 (0.89%) SQL Server 2014
Development Applications
1 7 (6.25%) JIRA
1 7 (6.25%) Team Foundation Server
2 4 (3.57%) Jenkins
3 3 (2.68%) Visual Studio
General
1 59 (52.68%) Banking
2 58 (51.79%) Finance
3 27 (24.11%) Retail
4 19 (16.96%) Retail Banking
5 10 (8.93%) Front Office
6 5 (4.46%) Investment Banking
7 3 (2.68%) Legal
8 1 (0.89%) Advertising
8 1 (0.89%) Corporate Banking
8 1 (0.89%) Financial Institution
8 1 (0.89%) Marketing
8 1 (0.89%) Pharmaceutical
Libraries, Frameworks & Software Standards
1 4 (3.57%) Web Services
2 1 (0.89%) XML
Miscellaneous
1 60 (53.57%) Credit Risk
2 24 (21.43%) Analytical Skills
3 15 (13.39%) Foreign Exchange (FX)
4 12 (10.71%) Market Risk
5 9 (8.04%) Fixed Income
6 8 (7.14%) Derivative
7 2 (1.79%) Equities
8 1 (0.89%) Computer Science
8 1 (0.89%) Credit Derivative
8 1 (0.89%) IBM Mainframe
8 1 (0.89%) Interest Rate Derivative
8 1 (0.89%) Mainframe
8 1 (0.89%) OTC Derivatives
8 1 (0.89%) RIA
Operating Systems
1 1 (0.89%) Linux
1 1 (0.89%) Unix
1 1 (0.89%) Windows
Processes & Methodologies
1 16 (14.29%) Stakeholder Management
2 15 (13.39%) Migration
2 15 (13.39%) Risk Management
3 14 (12.50%) Business Analysis
4 13 (11.61%) User Acceptance Testing
5 12 (10.71%) Agile Software Development
5 12 (10.71%) Analytics
6 11 (9.82%) Credit Risk Modelling
7 9 (8.04%) Project Management
7 9 (8.04%) Stress Testing
8 8 (7.14%) Credit Risk Management
8 8 (7.14%) Incident Management
9 7 (6.25%) Algorithmic Trading
9 7 (6.25%) Collateral Management
9 7 (6.25%) Electronic Trading
9 7 (6.25%) Problem Management
10 6 (5.36%) Data Modelling
10 6 (5.36%) Mathematics
10 6 (5.36%) Scrum
11 5 (4.46%) Workflow
Programming Languages
1 24 (21.43%) SQL
2 12 (10.71%) Python
3 8 (7.14%) C++
4 5 (4.46%) VBA
5 4 (3.57%) PowerShell
6 2 (1.79%) Delphi
6 2 (1.79%) SAS Macro
7 1 (0.89%) JCL
7 1 (0.89%) MATLAB
7 1 (0.89%) PL/SQL
7 1 (0.89%) T-SQL
Qualifications
1 10 (8.93%) Degree
2 4 (3.57%) CFA
2 4 (3.57%) MBA
2 4 (3.57%) Numerate Degree
3 1 (0.89%) ISEB
3 1 (0.89%) Master's Degree
3 1 (0.89%) PhD
Quality Assurance & Compliance
1 13 (11.61%) IFRS
1 13 (11.61%) IFRS 9
2 8 (7.14%) Dodd-Frank
3 7 (6.25%) Basel II
3 7 (6.25%) MiFID
4 5 (4.46%) Data Quality
5 3 (2.68%) CRD IV
6 2 (1.79%) Basel III
6 2 (1.79%) ISO 8583
7 1 (0.89%) EMIR
7 1 (0.89%) GCP
7 1 (0.89%) IAS 39
7 1 (0.89%) SEPA
Systems Management
1 4 (3.57%) Dollar Universe
Vendors
1 8 (7.14%) Murex
1 8 (7.14%) Sun
2 7 (6.25%) ION Trading
2 7 (6.25%) Microsoft
3 2 (1.79%) BT
4 1 (0.89%) Ab Initio
4 1 (0.89%) IBM
4 1 (0.89%) Oracle
4 1 (0.89%) Salesforce.com
Edinburgh, Midlothian
TEKsystems
Rate: £400 - £450 per day
Posted: 2 days ago
Edinburgh, Midlothian
TEKsystems
Rate: £375 - £400 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £450 - £550 per day
Posted: 3 days ago