Credit Risk Management Contracts

Credit Risk Management
UK

The table below provides summary statistics for contract job vacancies requiring Credit Risk Management skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Credit Risk Management over the 6 months leading up to 6 May 2025, comparing them to the same period in the previous two years.

6 months to
6 May 2025
Same period 2024 Same period 2023
Rank 497 596 696
Rank change year-on-year +99 +100 +157
Contract jobs citing Credit Risk Management 27 4 20
As % of all contract jobs advertised in the UK 0.092% 0.009% 0.034%
As % of the Processes & Methodologies category 0.10% 0.011% 0.038%
Number of daily rates quoted 18 3 16
10th Percentile £648 £437 £383
25th Percentile £650 £498 -
Median daily rate (50th Percentile) £689 £600 £400
Median % change year-on-year +14.83% +50.00% -38.46%
75th Percentile £809 £875 £616
90th Percentile £863 £1,040 £746
UK excluding London median daily rate £650 £600 £400
% change year-on-year +8.33% +50.00% -

All Process and Methodology Skills
UK

Credit Risk Management falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 26,651 37,268 53,074
As % of all contract IT jobs advertised in the UK 90.87% 86.35% 89.85%
Number of daily rates quoted 17,180 24,016 36,805
10th Percentile £306 £300 £325
25th Percentile £413 £413 £438
Median daily rate (50th Percentile) £520 £525 £550
Median % change year-on-year -0.95% -4.55% +3.77%
75th Percentile £630 £638 £650
90th Percentile £745 £750 £750
UK excluding London median daily rate £481 £500 £500
% change year-on-year -3.80% - +5.26%
Number of hourly rates quoted 1,087 2,439 1,749
10th Percentile £14.41 £12.75 £11.00
25th Percentile £18.44 £16.00 £16.25
Median hourly rate £29.00 £35.95 £35.80
Median % change year-on-year -19.33% +0.42% +43.20%
75th Percentile £61.50 £60.00 £65.00
90th Percentile £75.00 £72.50 £75.00
UK excluding London median hourly rate £27.50 £37.50 £35.00
% change year-on-year -26.67% +7.14% +75.00%

Credit Risk Management
Job Vacancy Trend

Job postings citing Credit Risk Management as a proportion of all IT jobs advertised.

Job vacancy trend for Credit Risk Management in the UK

Credit Risk Management
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Credit Risk Management.

Daily rate trend for Credit Risk Management in the UK

Credit Risk Management
Daily Rate Histogram

Daily rate distribution for jobs citing Credit Risk Management over the 6 months to 6 May 2025.

Daily rate histogram for Credit Risk Management in the UK

Credit Risk Management
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Credit Risk Management.

Hourly rate trend for Credit Risk Management in the UK

Credit Risk Management
Top 10 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 Management within the UK over the 6 months to 6 May 2025. 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
Jobs
England +85 26 £689 +14.83% 32
London +50 17 £775 +3.51% 23
UK excluding London +60 9 £650 +8.33% 11
Work from Home +52 6 £825 - 12
South East +40 5 £650 +8.33% 3
Midlands - 3 £614 - 5
East Midlands - 2 £550 - 5
Yorkshire - 1 £642 - 1
West Midlands - 1 £678 -
North of England - 1 £642 - 3

Credit Risk Management
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 7 (25.93%) SAS
2 6 (22.22%) Apache Spark
3 2 (7.41%) IBM HTTP Server
Applications
1 3 (11.11%) Microsoft Excel
2 2 (7.41%) Microsoft Office
3 1 (3.70%) Microsoft PowerPoint
Business Applications
1 1 (3.70%) Endur
Cloud Services
1 2 (7.41%) Apigee
2 1 (3.70%) GCP
2 1 (3.70%) Power Platform
2 1 (3.70%) SaaS
Database & Business Intelligence
1 5 (18.52%) Apache Hive
1 5 (18.52%) Hadoop
2 2 (7.41%) MySQL
3 1 (3.70%) Looker
3 1 (3.70%) Power BI
3 1 (3.70%) Tableau
General
1 18 (66.67%) Banking
2 17 (62.96%) Finance
3 7 (25.93%) Analytical Skills
3 7 (25.93%) Social Skills
4 4 (14.81%) Financial Institution
5 2 (7.41%) Front Office
5 2 (7.41%) Investment Banking
6 1 (3.70%) Influencing Skills
6 1 (3.70%) International Banking
6 1 (3.70%) Legal
6 1 (3.70%) Public Sector
6 1 (3.70%) Retail
6 1 (3.70%) Retail Banking
6 1 (3.70%) Retail Finance
Job Titles
1 7 (25.93%) Analyst
2 4 (14.81%) Gen AI Specialist
2 4 (14.81%) Risk Analyst
3 3 (11.11%) Developer
3 3 (11.11%) Quantitative Developer
4 2 (7.41%) Analyst Developer
4 2 (7.41%) Architect
4 2 (7.41%) Artificial Intelligence Specialist
4 2 (7.41%) Banking Analyst
4 2 (7.41%) Business Analyst
4 2 (7.41%) Consultant
4 2 (7.41%) Credit Risk Manager
4 2 (7.41%) Data Scientist
4 2 (7.41%) Qualitative Analyst
4 2 (7.41%) Quantitative Analyst
4 2 (7.41%) Quantitative Analyst Developer
4 2 (7.41%) Risk Business Analyst
4 2 (7.41%) Risk Manager
4 2 (7.41%) Senior Data Scientist
4 2 (7.41%) Solutions Architect
Libraries, Frameworks & Software Standards
1 6 (22.22%) PySpark
1 6 (22.22%) TensorFlow
2 1 (3.70%) REST
Miscellaneous
1 27 (100.00%) Credit Risk
2 4 (14.81%) Algorithms
3 3 (11.11%) Distributed Computing
3 3 (11.11%) Market Risk
3 3 (11.11%) Onboarding
3 3 (11.11%) Reference Data
4 2 (7.41%) Product Ownership
5 1 (3.70%) Self-Motivation
Processes & Methodologies
1 18 (66.67%) Analytics
1 18 (66.67%) Risk Management
2 9 (33.33%) Validation
3 8 (29.63%) Computer Science
4 7 (25.93%) Data Science
4 7 (25.93%) Machine Learning
4 7 (25.93%) Portfolio Management
5 6 (22.22%) Generative AI
5 6 (22.22%) Internal Audit
5 6 (22.22%) LLM
5 6 (22.22%) Mathematics
5 6 (22.22%) Stress Testing
6 5 (18.52%) Agile
6 5 (18.52%) Artificial Intelligence
6 5 (18.52%) Data Analysis
7 4 (14.81%) Data Analytics
8 3 (11.11%) Data Extraction
8 3 (11.11%) Deep Learning
8 3 (11.11%) Quantitative Finance
8 3 (11.11%) Test Automation
Programming Languages
1 9 (33.33%) SQL
2 8 (29.63%) Python
3 4 (14.81%) C++
4 3 (11.11%) Java
Qualifications
1 6 (22.22%) Degree
2 5 (18.52%) Master's Degree
2 5 (18.52%) PhD
3 2 (7.41%) Computer Science Degree
4 1 (3.70%) Security Cleared
Quality Assurance & Compliance
1 6 (22.22%) IFRS
1 6 (22.22%) IFRS 9
2 2 (7.41%) Data Quality
3 1 (3.70%) Basel II
Vendors
1 2 (7.41%) Murex
2 1 (3.70%) Alteryx
2 1 (3.70%) Google
2 1 (3.70%) Microsoft
2 1 (3.70%) OpenLink