Period
to 21 November 2017

The median contractor rate for a Credit Risk Analyst was £575 per day in advertised job vacancies during the 6 months to 21 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 Risk Analyst
UK
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 802 808 782
Rank change year-on-year +6 -26 -18
Contract jobs requiring a Credit Risk Analyst 75 73 106
As % of all contract IT jobs advertised in the UK 0.073% 0.070% 0.093%
As % of the Job Titles category 0.077% 0.074% 0.098%
Number of daily rates quoted 61 57 84
UK median daily rate £575 £438 £500
Median daily rate % change year-on-year +31.43% -12.50% +5.26%
10th Percentile £350 £358 £354
90th Percentile £913 £623 £625
UK excluding London median daily rate £363 £425 £400
% change year-on-year -14.71% +6.25% -4.76%
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 97749 99240 107788
% of contract IT jobs with a recognized job title 94.79% 94.76% 94.90%
Number of daily rates quoted 64477 64699 68564
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 £393 £375
% change year-on-year +1.91% +4.67% +3.45%
Number of hourly rates quoted 2920 3284 4118
UK median hourly rate £18.69 £18.03 £18.00
Median hourly rate % change year-on-year +3.66% +0.17% +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 £17.50

Credit Risk Analyst
Job Vacancy Trend

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

Job vacancy trend for Credit Risk Analyst in the UK

Credit Risk Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Credit Risk Analyst in the UK

Credit Risk Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Credit Risk Analyst over the 6 months to 21 November 2017.

Contractor daily rate histogram for Credit Risk Analyst in the UK

Credit Risk Analyst
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Credit Risk Analyst in the UK

Credit Risk Analyst
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Risk Analyst within the UK over the 6 months to 21 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 +18 66 £588 +30.56% 11
London -12 55 £650 +40.54% 9
UK excluding London +13 20 £363 -14.71% 2
Scotland -3 9 £350 -18.13%
South East +3 6 £363 -14.71%
North of England +53 3 £500 +18.34% 2
Yorkshire +24 2 £448 +5.92% 1
North West +22 1 £500 - 1
Midlands +16 1 £500 +11.11%
South West -10 1 £363 +20.83%
East Midlands - 1 £500 -

Credit Risk Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 21 November 2017, Credit Risk 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 Risk Analyst in the job title.

1 75 (100.00%) Credit Risk
2 46 (61.33%) Finance
3 34 (45.33%) Banking
4 27 (36.00%) Credit Risk Modelling
5 25 (33.33%) Mathematics
6 24 (32.00%) Derivative
7 21 (28.00%) QA
8 20 (26.67%) Stochastic Modelling
8 20 (26.67%) Validation
9 19 (25.33%) C#
9 19 (25.33%) C++
9 19 (25.33%) Benchmarking
9 19 (25.33%) Physics
9 19 (25.33%) Quantitative Finance
9 19 (25.33%) Internal Audit
10 17 (22.67%) Stakeholder Management
11 16 (21.33%) Data Modelling
12 15 (20.00%) Microsoft Excel
12 15 (20.00%) Retail Banking
13 13 (17.33%) Data Analysis
14 11 (14.67%) Risk Management
14 11 (14.67%) SAS
14 11 (14.67%) Project Management
14 11 (14.67%) SDLC
15 10 (13.33%) SQL
15 10 (13.33%) VBA
15 10 (13.33%) Data Management
16 9 (12.00%) Agile Software Development
16 9 (12.00%) XML
16 9 (12.00%) Business Intelligence

Credit Risk 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 11 (14.67%) SAS
2 1 (1.33%) Confluence
Applications
1 15 (20.00%) Microsoft Excel
2 7 (9.33%) Microsoft PowerPoint
2 7 (9.33%) MS Visio
Communications & Networking
1 1 (1.33%) SMS
Database & Business Intelligence
1 8 (10.67%) MS Access
2 5 (6.67%) SQL Server
3 1 (1.33%) Data Warehouse
3 1 (1.33%) Oracle Database
Development Applications
1 3 (4.00%) JIRA
2 2 (2.67%) Balsamiq Mockups
3 1 (1.33%) Atlassian Bamboo
General
1 46 (61.33%) Finance
2 34 (45.33%) Banking
3 15 (20.00%) Retail Banking
4 8 (10.67%) Investment Banking
5 3 (4.00%) Front Office
5 3 (4.00%) Retail
6 2 (2.67%) Private Banking
7 1 (1.33%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 9 (12.00%) XML
2 8 (10.67%) CSS
2 8 (10.67%) HTML
Miscellaneous
1 75 (100.00%) Credit Risk
2 24 (32.00%) Derivative
3 9 (12.00%) Analytical Skills
4 7 (9.33%) Market Risk
5 2 (2.67%) Fintech
5 2 (2.67%) Greenfield Project
6 1 (1.33%) Computer Science
6 1 (1.33%) Foreign Exchange (FX)
6 1 (1.33%) Management Information System
Operating Systems
1 1 (1.33%) Linux
1 1 (1.33%) Unix
1 1 (1.33%) Windows
Processes & Methodologies
1 27 (36.00%) Credit Risk Modelling
2 25 (33.33%) Mathematics
3 20 (26.67%) Stochastic Modelling
3 20 (26.67%) Validation
4 19 (25.33%) Benchmarking
4 19 (25.33%) Internal Audit
4 19 (25.33%) Physics
4 19 (25.33%) Quantitative Finance
5 17 (22.67%) Stakeholder Management
6 16 (21.33%) Data Modelling
7 13 (17.33%) Data Analysis
8 11 (14.67%) Project Management
8 11 (14.67%) Risk Management
8 11 (14.67%) SDLC
9 10 (13.33%) Data Management
10 9 (12.00%) Agile Software Development
10 9 (12.00%) Business Intelligence
11 8 (10.67%) Business Analysis
11 8 (10.67%) Fit Analysis
11 8 (10.67%) UML
Programming Languages
1 19 (25.33%) C#
1 19 (25.33%) C++
2 10 (13.33%) SQL
2 10 (13.33%) VBA
3 8 (10.67%) PHP
4 2 (2.67%) Python
5 1 (1.33%) Delphi
5 1 (1.33%) MATLAB
5 1 (1.33%) R
Qualifications
1 7 (9.33%) Degree
2 5 (6.67%) Numerate Degree
3 3 (4.00%) ISEB
4 1 (1.33%) ISTQB
4 1 (1.33%) Master's Degree
4 1 (1.33%) Postgraduate
Quality Assurance & Compliance
1 21 (28.00%) QA
2 7 (9.33%) Basel II
3 6 (8.00%) IFRS
3 6 (8.00%) IFRS 9
4 2 (2.67%) Data Quality
5 1 (1.33%) Basel III
5 1 (1.33%) PMO
Systems Management
1 2 (2.67%) HP Quality Center
2 1 (1.33%) ITRS Geneos
Vendors
1 8 (10.67%) Cognos
1 8 (10.67%) Microsoft
2 1 (1.33%) Atlassian
2 1 (1.33%) Oracle