Credit Risk Management Contracts

Credit Risk Management
UK

The following table provides summary statistics for contract job vacancies with a requirement for Credit Risk Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Risk Management over the 6 months to 23 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
23 Apr 2024
Same period 2023 Same period 2022
Rank 587 687 853
Rank change year-on-year +100 +166 -174
Contract jobs citing Credit Risk Management 4 20 9
As % of all contract jobs advertised in the UK 0.009% 0.033% 0.010%
As % of the Processes & Methodologies category 0.011% 0.037% 0.011%
Number of daily rates quoted 3 16 4
10th Percentile £437 £383 £530
25th Percentile £498 - £575
Median daily rate (50th Percentile) £600 £400 £775
Median % change year-on-year +50.00% -48.39% +37.78%
75th Percentile £875 £616 £963
90th Percentile £1,040 £746 £985
UK excluding London median daily rate £600 £400 -
% change year-on-year +50.00% - -

All Process and Methodology Skills
UK

Credit Risk Management is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,683 54,210 80,866
As % of all contract IT jobs advertised in the UK 86.32% 89.89% 90.59%
Number of daily rates quoted 24,351 37,527 56,743
10th Percentile £300 £325 £340
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +8.36%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.83%
Number of hourly rates quoted 2,427 1,790 1,945
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.64 £15.25
Median hourly rate £35.00 £37.50 £25.00
Median % change year-on-year -6.67% +50.00% -
75th Percentile £58.75 £65.00 £49.25
90th Percentile £72.07 £75.00 £63.75
UK excluding London median hourly rate £35.50 £37.30 £20.00
% change year-on-year -4.83% +86.50% -8.17%

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 23 April 2024.

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 5 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 23 April 2024. 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 +99 4 £600 +50.00% 11
London +95 3 £749 +13.02% 10
Work from Home +113 1 - -
UK excluding London +47 1 £600 +50.00% 1
South East - 1 £600 -

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 1 (25.00%) SAS
Applications
1 1 (25.00%) Microsoft Project
Cloud Services
1 1 (25.00%) Asana
1 1 (25.00%) Azure
1 1 (25.00%) Power Platform
Database & Business Intelligence
1 1 (25.00%) Azure SQL Data Warehouse
1 1 (25.00%) Azure SQL Database
1 1 (25.00%) Data Warehouse
1 1 (25.00%) Power BI
1 1 (25.00%) QlikView
1 1 (25.00%) SQL Server
1 1 (25.00%) SQL Server Integration Services
1 1 (25.00%) Tableau
Development Applications
1 1 (25.00%) JIRA
General
1 1 (25.00%) Banking
1 1 (25.00%) Finance
1 1 (25.00%) Retail
1 1 (25.00%) Social Skills
Job Titles
1 2 (50.00%) Credit Risk Manager
1 2 (50.00%) Developer
1 2 (50.00%) Risk Manager
2 1 (25.00%) Banking Project Manager
2 1 (25.00%) C++ Developer
2 1 (25.00%) C++ Quantitative Developer
2 1 (25.00%) Credit Risk Developer
2 1 (25.00%) Credit Risk Project Manager
2 1 (25.00%) Project Manager
2 1 (25.00%) Quantitative Developer
2 1 (25.00%) Risk Project Manager
2 1 (25.00%) SQL Developer
2 1 (25.00%) SQL Server Developer
2 1 (25.00%) SSIS Developer
Miscellaneous
1 4 (100.00%) Credit Risk
2 1 (25.00%) Algorithms
Processes & Methodologies
1 3 (75.00%) Risk Management
2 2 (50.00%) Analytics
3 1 (25.00%) Business Intelligence
3 1 (25.00%) Computer Science
3 1 (25.00%) Credit Risk Modelling
3 1 (25.00%) Curve Construction
3 1 (25.00%) Data Engineering
3 1 (25.00%) Data Integration
3 1 (25.00%) Data Modelling
3 1 (25.00%) Data Visualisation
3 1 (25.00%) ETL
3 1 (25.00%) Mathematics
3 1 (25.00%) Migration
3 1 (25.00%) Portfolio Management
3 1 (25.00%) Problem-Solving
3 1 (25.00%) Project Delivery
3 1 (25.00%) Project Management
3 1 (25.00%) Quantitative Finance
3 1 (25.00%) Stakeholder Management
3 1 (25.00%) Stress Testing
Programming Languages
1 1 (25.00%) C++
1 1 (25.00%) SQL
Qualifications
1 1 (25.00%) Computer Science Degree
1 1 (25.00%) Degree
Quality Assurance & Compliance
1 1 (25.00%) IFRS
1 1 (25.00%) IFRS 9
Vendors
1 1 (25.00%) Microsoft