The median contractor rate for a Credit Risk Analyst was £485 per day in advertised job vacancies during the 3 months to 28 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 Risk Analyst
UK
3 months to
28 Mar 2017
Same period 2016 Same period 2015
Rank 577 592 598
Rank change year-on-year +15 +6  
Contract jobs requiring a Credit Risk Analyst 31 47 44
As % of all contract IT jobs advertised in the UK 0.069% 0.088% 0.081%
As % of the Job Titles category 0.073% 0.092% 0.086%
Number of daily rates quoted 21 34 35
Median daily rate £485 £600 £425
Median daily rate % change year-on-year -19.16% +41.17%  
90% offered a daily rate of more than £360 £433 £285
10% offered a daily rate of more than £600 £668 £550
UK excluding London median daily rate £475 £498 £425
% change year-on-year -4.52% +17.05%  
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 42733 51025 51236
As % of all contract IT job vacancies advertised in the UK 94.78% 95.23% 94.83%
Number of daily rates quoted 27760 33065 30937
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 £560
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1481 1587 2052
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 £11.25 £11.50 £11.00
10% offered a hourly rate of more than £47.50 £48.00 £42.50
UK excluding London median hourly rate £17.50 £19.63 £17.00
% change year-on-year -10.82% +15.44%  

Credit Risk Analyst
Job Vacancy Trend

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

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 3 months to 28 March 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 hourly rates quoted in IT contractor jobs citing Credit Risk Analyst.

Contractor hourly rate trend for Credit Risk Analyst in the UK

Credit Risk Analyst
Top 16 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 3 months to 28 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 +13 26 £485 -19.16% 8
London +11 21 £538 -10.41% 3
City of London -5 6 £530 +0.95% 1
Scotland +26 5 - -
Edinburgh +25 5 - -
West Midlands +13 2 £408 -11.89%
Wolverhampton - 2 £408 -
Docklands, London - 2 £375 -
Yorkshire +15 1 £500 -9.09% 3
West Yorkshire +11 1 £500 -4.30% 2
Leeds +10 1 £500 +1.01% 2
Hertfordshire - 1 £475 -
Northamptonshire - 1 £485 -
Northampton - 1 £485 -
East Midlands - 1 £485 - 1
East of England - 1 £475 -

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

For the 6 months to 28 March 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 50 (100.00%) Credit Risk
2 32 (64.00%) Finance
3 21 (42.00%) Banking
4 15 (30.00%) Agile Software Development
4 15 (30.00%) SQL
5 12 (24.00%) SAS
6 11 (22.00%) Risk Management
6 11 (22.00%) Business Analysis
6 11 (22.00%) Analytics
7 10 (20.00%) Stress Testing
7 10 (20.00%) Market Risk
7 10 (20.00%) Credit Risk Management
8 9 (18.00%) Analytical Skills
8 9 (18.00%) Data Analysis
9 8 (16.00%) Data Warehouse
9 8 (16.00%) Dodd-Frank
10 7 (14.00%) Collateral Management
10 7 (14.00%) SQL Server
10 7 (14.00%) Microsoft
10 7 (14.00%) JIRA
10 7 (14.00%) Team Foundation Server
11 6 (12.00%) Risk Analytics
11 6 (12.00%) Monte Carlo Method
11 6 (12.00%) User Acceptance Testing
11 6 (12.00%) Scrum
11 6 (12.00%) Credit Risk Modelling
12 5 (10.00%) Workflow
12 5 (10.00%) Stakeholder Management
12 5 (10.00%) Python
12 5 (10.00%) Investment Banking

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 12 (24.00%) SAS
Applications
1 4 (8.00%) MS Office
Business Applications
1 1 (2.00%) Adaptiv
Cloud Services
1 1 (2.00%) IBM Blueworks
Database & Business Intelligence
1 8 (16.00%) Data Warehouse
2 7 (14.00%) SQL Server
3 2 (4.00%) Base SAS
3 2 (4.00%) QlikView
4 1 (2.00%) Data Mining
4 1 (2.00%) DB2
4 1 (2.00%) SAS Enterprise Guide
4 1 (2.00%) SAS Visual Analytics
Development Applications
1 7 (14.00%) JIRA
1 7 (14.00%) Team Foundation Server
2 4 (8.00%) Jenkins
3 3 (6.00%) Visual Studio
General
1 32 (64.00%) Finance
2 21 (42.00%) Banking
3 5 (10.00%) Investment Banking
4 2 (4.00%) Retail
5 1 (2.00%) Advertising
5 1 (2.00%) Back Office
5 1 (2.00%) Corporate Banking
5 1 (2.00%) Financial Institution
5 1 (2.00%) Front Office
5 1 (2.00%) Legal
5 1 (2.00%) Retail Banking
Libraries, Frameworks & Software Standards
1 4 (8.00%) Web Services
Miscellaneous
1 50 (100.00%) Credit Risk
2 10 (20.00%) Market Risk
3 9 (18.00%) Analytical Skills
4 2 (4.00%) Derivative
4 2 (4.00%) Equities
4 2 (4.00%) Foreign Exchange (FX)
5 1 (2.00%) IBM Mainframe
5 1 (2.00%) Mainframe
5 1 (2.00%) OTC Derivatives
Operating Systems
1 2 (4.00%) Unix
2 1 (2.00%) Linux
Processes & Methodologies
1 15 (30.00%) Agile Software Development
2 11 (22.00%) Analytics
2 11 (22.00%) Business Analysis
2 11 (22.00%) Risk Management
3 10 (20.00%) Credit Risk Management
3 10 (20.00%) Stress Testing
4 9 (18.00%) Data Analysis
5 7 (14.00%) Collateral Management
6 6 (12.00%) Credit Risk Modelling
6 6 (12.00%) Monte Carlo Method
6 6 (12.00%) Risk Analytics
6 6 (12.00%) Scrum
6 6 (12.00%) User Acceptance Testing
7 5 (10.00%) Stakeholder Management
7 5 (10.00%) Workflow
8 4 (8.00%) Performance Monitoring
8 4 (8.00%) Predictive Analysis
8 4 (8.00%) SDLC
9 3 (6.00%) Change Management
9 3 (6.00%) Project Planning
Programming Languages
1 15 (30.00%) SQL
2 5 (10.00%) Python
3 4 (8.00%) C++
3 4 (8.00%) PowerShell
4 3 (6.00%) Java
5 2 (4.00%) SAS Macro
6 1 (2.00%) JCL
6 1 (2.00%) PL/SQL
6 1 (2.00%) VBA
Qualifications
1 2 (4.00%) PRINCE2 Certification
2 1 (2.00%) Degree
2 1 (2.00%) ISEB
2 1 (2.00%) PhD
Quality Assurance & Compliance
1 8 (16.00%) Dodd-Frank
2 4 (8.00%) Data Quality
3 3 (6.00%) CRD IV
4 2 (4.00%) Basel III
4 2 (4.00%) IFRS
4 2 (4.00%) IFRS 9
4 2 (4.00%) QA
5 1 (2.00%) EMIR
5 1 (2.00%) IAS 39
Systems Management
1 4 (8.00%) Dollar Universe
2 1 (2.00%) Tivoli
Vendors
1 7 (14.00%) Microsoft
2 3 (6.00%) Oracle
3 2 (4.00%) BT
4 1 (2.00%) Ab Initio
4 1 (2.00%) IBM
4 1 (2.00%) Teradata