The median contractor rate for a Credit Analyst was £500 per day in advertised job vacancies during the 3 months to 29 March 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
29 Mar 2017
Same period 2016 Same period 2015
Rank 546 577 559
Rank change year-on-year +31 -18  
Contract jobs requiring a Credit Analyst 59 71 66
As % of all contract IT jobs advertised in the UK 0.13% 0.13% 0.12%
As % of the Job Titles category 0.14% 0.14% 0.13%
Number of daily rates quoted 37 52 54
Median daily rate £500 £501 £450
Median daily rate % change year-on-year -0.09% +11.22%  
90% offered a daily rate of more than £356 £382 £333
10% offered a daily rate of more than £591 £649 £593
UK excluding London median daily rate £425 £425 £425
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 42875 51263 50687
As % of all contract IT job vacancies advertised in the UK 94.79% 95.24% 94.83%
Number of daily rates quoted 27839 33245 30600
Median daily rate £425 £425 £400
Median daily rate % change year-on-year - +6.25%  
90% offered a daily rate of more than £260 £260 £238
10% offered a daily rate of more than £600 £600 £555
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1489 1590 2025
Median hourly rate £18.00 £18.75 £17.50
Median hourly rate % change year-on-year -4.00% +7.14%  
90% offered a hourly rate of more than £11.30 £11.30 £11.00
10% offered a hourly rate of more than £47.50 £47.83 £42.50
UK excluding London median hourly rate £17.50 £19.50 £17.00
% change year-on-year -10.25% +14.70%  

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 29 March 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 21 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 29 March 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 +35 48 £500 -9.09% 13
London +20 39 £525 -12.50% 7
City of London +8 17 £575 -10.15% 3
Scotland +31 11 £419 +4.68%
Edinburgh +24 11 £419 +4.68%
West Midlands +14 3 £400 -13.51%
North East -6 2 £345 -23.33%
Tyne and Wear -9 2 £345 -23.33%
Newcastle upon Tyne -9 2 £345 -23.33%
Wolverhampton - 2 £408 -
Northampton - 2 £505 -
Northamptonshire - 2 £505 -
Docklands, London - 2 £375 -
East Midlands - 2 £505 - 1
West Yorkshire +16 1 £500 -4.30% 3
Yorkshire +16 1 £500 -9.09% 4
Leeds +7 1 £500 +1.01% 2
Worcester - 1 £400 -
Worcestershire - 1 £400 -
East of England - 1 £475 -
Hertfordshire - 1 £475 -

Credit Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 29 March 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 50 (58.82%) Credit Risk
2 43 (50.59%) Finance
3 33 (38.82%) Banking
4 21 (24.71%) SQL
5 20 (23.53%) Agile Software Development
6 15 (17.65%) Foreign Exchange (FX)
6 15 (17.65%) Analytics
7 14 (16.47%) SAS
7 14 (16.47%) Business Analysis
7 14 (16.47%) User Acceptance Testing
8 12 (14.12%) Front Office
8 12 (14.12%) Risk Management
9 11 (12.94%) Stakeholder Management
10 10 (11.76%) Stress Testing
10 10 (11.76%) Market Risk
10 10 (11.76%) Credit Risk Management
11 9 (10.59%) Analytical Skills
11 9 (10.59%) Derivative
11 9 (10.59%) Data Analysis
11 9 (10.59%) Python
12 8 (9.41%) SQL Server
12 8 (9.41%) Data Warehouse
12 8 (9.41%) Murex
12 8 (9.41%) Migration
12 8 (9.41%) MiFID
12 8 (9.41%) Dodd-Frank
13 7 (8.24%) Collateral Management
13 7 (8.24%) Monte Carlo Method
13 7 (8.24%) Team Foundation Server
13 7 (8.24%) JIRA

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 14 (16.47%) SAS
Applications
1 4 (4.71%) MS Office
2 1 (1.18%) Doxygen
2 1 (1.18%) LaTeX
2 1 (1.18%) MS Excel
Business Applications
1 5 (5.88%) Summit
2 3 (3.53%) ION MarketView
3 1 (1.18%) Adaptiv
Cloud Services
1 1 (1.18%) IBM Blueworks
Database & Business Intelligence
1 8 (9.41%) Data Warehouse
1 8 (9.41%) SQL Server
2 2 (2.35%) Base SAS
2 2 (2.35%) QlikView
3 1 (1.18%) Data Mining
3 1 (1.18%) DB2
3 1 (1.18%) SAS Enterprise Guide
3 1 (1.18%) SAS Visual Analytics
3 1 (1.18%) SQL Server 2014
Development Applications
1 7 (8.24%) JIRA
1 7 (8.24%) Team Foundation Server
2 4 (4.71%) Jenkins
3 3 (3.53%) Visual Studio
General
1 43 (50.59%) Finance
2 33 (38.82%) Banking
3 12 (14.12%) Front Office
4 7 (8.24%) Investment Banking
5 6 (7.06%) Retail
6 5 (5.88%) Retail Banking
7 2 (2.35%) Legal
8 1 (1.18%) Advertising
8 1 (1.18%) Back Office
8 1 (1.18%) Corporate Banking
8 1 (1.18%) Financial Institution
8 1 (1.18%) Marketing
Libraries, Frameworks & Software Standards
1 4 (4.71%) Web Services
Miscellaneous
1 50 (58.82%) Credit Risk
2 15 (17.65%) Foreign Exchange (FX)
3 10 (11.76%) Market Risk
4 9 (10.59%) Analytical Skills
4 9 (10.59%) Derivative
5 4 (4.71%) Fixed Income
6 2 (2.35%) Credit Derivative
6 2 (2.35%) Equities
7 1 (1.18%) Computer Science
7 1 (1.18%) Fintech
7 1 (1.18%) IBM Mainframe
7 1 (1.18%) Mainframe
7 1 (1.18%) OTC Derivatives
Operating Systems
1 2 (2.35%) Unix
2 1 (1.18%) Linux
Processes & Methodologies
1 20 (23.53%) Agile Software Development
2 15 (17.65%) Analytics
3 14 (16.47%) Business Analysis
3 14 (16.47%) User Acceptance Testing
4 12 (14.12%) Risk Management
5 11 (12.94%) Stakeholder Management
6 10 (11.76%) Credit Risk Management
6 10 (11.76%) Stress Testing
7 9 (10.59%) Data Analysis
8 8 (9.41%) Migration
9 7 (8.24%) Collateral Management
9 7 (8.24%) Monte Carlo Method
9 7 (8.24%) Scrum
10 6 (7.06%) Credit Risk Modelling
10 6 (7.06%) Risk Analytics
11 5 (5.88%) Workflow
12 4 (4.71%) Algorithmic Trading
12 4 (4.71%) Change Management
12 4 (4.71%) Incident Management
12 4 (4.71%) Project Management
Programming Languages
1 21 (24.71%) SQL
2 9 (10.59%) Python
3 7 (8.24%) C++
4 4 (4.71%) PowerShell
5 3 (3.53%) Java
6 2 (2.35%) SAS Macro
6 2 (2.35%) VBA
7 1 (1.18%) C#
7 1 (1.18%) JCL
7 1 (1.18%) MATLAB
7 1 (1.18%) PL/SQL
7 1 (1.18%) R
7 1 (1.18%) T-SQL
Qualifications
1 2 (2.35%) ISEB
1 2 (2.35%) PhD
1 2 (2.35%) PRINCE2 Certification
2 1 (1.18%) Degree
Quality Assurance & Compliance
1 8 (9.41%) Dodd-Frank
1 8 (9.41%) MiFID
2 4 (4.71%) Data Quality
3 3 (3.53%) CRD IV
4 2 (2.35%) Basel III
4 2 (2.35%) IFRS
4 2 (2.35%) IFRS 9
4 2 (2.35%) QA
5 1 (1.18%) EMIR
5 1 (1.18%) IAS 39
5 1 (1.18%) SEPA
Systems Management
1 4 (4.71%) Dollar Universe
2 1 (1.18%) Tivoli
Vendors
1 8 (9.41%) Murex
2 7 (8.24%) Microsoft
3 4 (4.71%) Sun
4 3 (3.53%) ION Trading
4 3 (3.53%) Oracle
5 2 (2.35%) BT
6 1 (1.18%) Ab Initio
6 1 (1.18%) IBM
6 1 (1.18%) Teradata
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 5 days ago