Period
to 21 November 2019

The table below looks at the prevalence of the term Credit Risk in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Risk over the 6 months to 21 November 2019 with a comparison to the same period over 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
UK
6 months to
21 Nov 2019
Same period 2018 Same period 2017
Rank 640 644 467
Rank change year-on-year +4 -177 +22
Contract jobs citing Credit Risk 167 258 491
As % of all contract IT jobs advertised in the UK 0.20% 0.25% 0.48%
As % of the Miscellaneous category 0.64% 0.77% 1.44%
Number of daily rates quoted 101 206 363
UK median daily rate £600 £603 £575
Median daily rate % change year-on-year -0.41% +4.78% +17.95%
10th Percentile £413 £369 £357
90th Percentile £800 £706 £760
UK excluding London median daily rate £463 £425 £383
% change year-on-year +8.82% +11.11% -4.38%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

Credit Risk is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 25,958 33,696 34,120
As % of all contract IT jobs advertised in the UK 31.20% 32.38% 33.08%
Number of daily rates quoted 16,446 22,010 22,447
UK median daily rate £465 £475 £450
Median daily rate % change year-on-year -2.11% +5.56% +5.88%
10th Percentile £260 £275 £263
90th Percentile £669 £650 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% +3.23%
Number of hourly rates quoted 1,040 1,052 1,033
UK median hourly rate £22.50 £20.00 £20.00
Median hourly rate % change year-on-year +12.50% - -
10th Percentile £12.00 £12.23 £11.25
90th Percentile £53.75 £49.88 £47.83
UK excluding London median hourly rate £22.34 £19.00 £19.36
% change year-on-year +17.55% -1.86% -3.20%

Credit Risk
Job Vacancy Trend

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

Job vacancy trend for Credit Risk in the UK

Credit Risk
Contractor Daily Rate Trend

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

Contractor daily rate trend for Credit Risk in the UK

Credit Risk
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Credit Risk over the 6 months to 21 November 2019.

Contractor daily rate histogram for Credit Risk in the UK

Credit Risk
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Credit Risk in the UK

Credit Risk
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 within the UK over the 6 months to 21 November 2019. 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 +12 155 £600 -2.04% 26
London +21 134 £600 -3.23% 16
UK excluding London +49 32 £463 +8.82% 12
South East +50 11 £500 - 4
Scotland +21 11 £463 +32.14% 1
North of England +34 4 £675 +3.85% 5
Midlands +27 4 - - 1
Yorkshire +37 3 - - 3
East of England +32 2 £275 -50.00%
East Midlands +13 2 - -
North East +19 1 £675 +3.85%

For the 6 months to 21 November 2019, IT contractor jobs citing Credit Risk also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads with a requirement for Credit Risk.

1 97 (58.08%) Finance
2 87 (52.10%) Banking
3 55 (32.93%) SQL
4 49 (29.34%) Agile Software Development
5 48 (28.74%) Front Office
6 43 (25.75%) Python
7 41 (24.55%) Analytics
8 34 (20.36%) SAS
9 30 (17.96%) Investment Banking
9 30 (17.96%) Credit Risk Modelling
10 29 (17.37%) C#
10 29 (17.37%) Java
11 28 (16.77%) Market Risk
12 26 (15.57%) Derivative
12 26 (15.57%) Foreign Exchange (FX)
12 26 (15.57%) Stakeholder Management
13 23 (13.77%) Validation
14 20 (11.98%) Fixed Income
15 19 (11.38%) Risk Management
15 19 (11.38%) Mathematics
16 18 (10.78%) SQL Server Integration Services
16 18 (10.78%) Credit Risk Management
16 18 (10.78%) Greenfield Project
16 18 (10.78%) Analytical Skills
17 17 (10.18%) Big Data
18 16 (9.58%) .NET
19 15 (8.98%) Unix
19 15 (8.98%) Scala
19 15 (8.98%) IFRS
19 15 (8.98%) IFRS 9

Credit Risk
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 34 (20.36%) SAS
2 13 (7.78%) Apache Spark
3 6 (3.59%) Apache
4 1 (0.60%) Confluence
Applications
1 6 (3.59%) Microsoft Office
2 4 (2.40%) Microsoft Excel
3 3 (1.80%) Spreadsheet
4 2 (1.20%) SPSS
Business Applications
1 1 (0.60%) HFM
1 1 (0.60%) Oracle EBS R12
1 1 (0.60%) Oracle Financials
1 1 (0.60%) Oracle Receivables
1 1 (0.60%) SAP CO
1 1 (0.60%) SAP FI
1 1 (0.60%) SAP FI/CO
Cloud Services
1 13 (7.78%) AWS
2 9 (5.39%) Power Platform
3 8 (4.79%) Amazon S3
4 5 (2.99%) Amazon ECS
4 5 (2.99%) AWS Lambda
4 5 (2.99%) Serverless
5 4 (2.40%) GCP
6 2 (1.20%) OpenShift
7 1 (0.60%) Azure
Communications & Networking
1 4 (2.40%) PuTTY
2 1 (0.60%) HTTP
Database & Business Intelligence
1 18 (10.78%) SQL Server Integration Services
2 17 (10.18%) Big Data
3 14 (8.38%) Hadoop
3 14 (8.38%) Relational Database
3 14 (8.38%) SQL Server
4 13 (7.78%) RDBMS
5 10 (5.99%) MongoDB
6 9 (5.39%) PostgreSQL
6 9 (5.39%) Power BI
7 8 (4.79%) SQL Server Reporting Services
8 6 (3.59%) Apache Hive
8 6 (3.59%) Data Warehouse
8 6 (3.59%) NoSQL
9 5 (2.99%) Oracle Database
9 5 (2.99%) Oracle Database 11g
9 5 (2.99%) Oracle Database 12c
9 5 (2.99%) Redis
10 4 (2.40%) BusinessObjects
11 3 (1.80%) Amazon DynamoDB
11 3 (1.80%) SQL Server Analysis Services
Development Applications
1 12 (7.19%) JIRA
2 9 (5.39%) Git (software)
2 9 (5.39%) NUnit
3 6 (3.59%) JConsole
3 6 (3.59%) JProfiler
3 6 (3.59%) VisualVM
4 5 (2.99%) TeamCity
5 2 (1.20%) IntelliJ
6 1 (0.60%) JIRA Agile
6 1 (0.60%) Oracle APEX
General
1 97 (58.08%) Finance
2 87 (52.10%) Banking
3 48 (28.74%) Front Office
4 30 (17.96%) Investment Banking
5 11 (6.59%) Retail
6 7 (4.19%) Legal
7 6 (3.59%) Retail Banking
8 4 (2.40%) Financial Institution
9 2 (1.20%) Marketing
9 2 (1.20%) Retail Finance
10 1 (0.60%) Advertising
10 1 (0.60%) International Banking
Job Titles
1 57 (34.13%) Developer
2 51 (30.54%) Analyst
3 34 (20.36%) Risk Analyst
4 24 (14.37%) Credit Analyst
5 23 (13.77%) Credit Risk Analyst
5 23 (13.77%) Java Developer
6 16 (9.58%) Business Analyst
7 15 (8.98%) Senior Developer
8 14 (8.38%) Risk Business Analyst
9 12 (7.19%) Credit Risk Developer
9 12 (7.19%) Senior Java Developer
10 11 (6.59%) Credit Risk Business Analyst
10 11 (6.59%) Credit Risk Java Developer
11 10 (5.99%) C# Developer
11 10 (5.99%) Data Analyst
11 10 (5.99%) Quantitative Developer
11 10 (5.99%) SAS Analyst
12 9 (5.39%) Front Office Developer
12 9 (5.39%) Quantitative Analyst
12 9 (5.39%) SAS Credit Risk Analyst
Libraries, Frameworks & Software Standards
1 16 (9.58%) .NET
2 9 (5.39%) AngularJS
2 9 (5.39%) ASP.NET
2 9 (5.39%) ASP.NET MVC
2 9 (5.39%) REST
2 9 (5.39%) WCF
2 9 (5.39%) WPF
3 8 (4.79%) J2EE
3 8 (4.79%) J2SE
3 8 (4.79%) XML
4 7 (4.19%) HTML
4 7 (4.19%) React
5 6 (3.59%) Kafka
6 5 (2.99%) Natural Language Processing
7 4 (2.40%) Redux
8 3 (1.80%) Node.js
8 3 (1.80%) Web Services
8 3 (1.80%) XML Messaging
9 2 (1.20%) HTML5
9 2 (1.20%) Spring
Miscellaneous
1 28 (16.77%) Market Risk
2 26 (15.57%) Derivative
2 26 (15.57%) Foreign Exchange (FX)
3 20 (11.98%) Fixed Income
4 18 (10.78%) Analytical Skills
4 18 (10.78%) Greenfield Project
5 13 (7.78%) Equities
6 12 (7.19%) Credit Derivative
7 9 (5.39%) Hedge funds
8 6 (3.59%) Grid Computing
9 3 (1.80%) Self-Motivation
10 1 (0.60%) Algorithms
10 1 (0.60%) Data Structures
10 1 (0.60%) Enterprise Software
10 1 (0.60%) Interest Rate Derivative
10 1 (0.60%) Reference Data
10 1 (0.60%) SWIFT
Operating Systems
1 15 (8.98%) Unix
2 3 (1.80%) AIX
3 1 (0.60%) Windows
3 1 (0.60%) Windows Server
Processes & Methodologies
1 49 (29.34%) Agile Software Development
2 41 (24.55%) Analytics
3 30 (17.96%) Credit Risk Modelling
4 26 (15.57%) Stakeholder Management
5 23 (13.77%) Validation
6 19 (11.38%) Mathematics
6 19 (11.38%) Risk Management
7 18 (10.78%) Credit Risk Management
8 14 (8.38%) Microservices
9 12 (7.19%) Backtesting
9 12 (7.19%) Data Modelling
9 12 (7.19%) Problem-Solving
9 12 (7.19%) Stress Testing
9 12 (7.19%) TDD
10 11 (6.59%) Business Analysis
10 11 (6.59%) Performance Tuning
10 11 (6.59%) Scrum
10 11 (6.59%) Software Engineering
11 10 (5.99%) Data Analytics
11 10 (5.99%) Physics
Programming Languages
1 55 (32.93%) SQL
2 43 (25.75%) Python
3 29 (17.37%) C#
3 29 (17.37%) Java
4 15 (8.98%) Scala
5 14 (8.38%) JavaScript
6 11 (6.59%) C++
7 10 (5.99%) R
8 9 (5.39%) T-SQL
9 6 (3.59%) TypeScript
10 5 (2.99%) Clojure
10 5 (2.99%) PL/SQL
11 4 (2.40%) ES6
11 4 (2.40%) VBA
12 1 (0.60%) ABAP
12 1 (0.60%) Data Analysis Expressions (DAX)
12 1 (0.60%) Java 8
12 1 (0.60%) Perl
12 1 (0.60%) Shell Script
12 1 (0.60%) VB
Qualifications
1 12 (7.19%) Degree
2 8 (4.79%) PhD
3 2 (1.20%) Master's Degree
3 2 (1.20%) Numerate Degree
4 1 (0.60%) Computer Science Degree
4 1 (0.60%) SC Cleared
4 1 (0.60%) Security Cleared
Quality Assurance & Compliance
1 15 (8.98%) IFRS
1 15 (8.98%) IFRS 9
2 10 (5.99%) Data Quality
3 4 (2.40%) Basel III
4 3 (1.80%) COREP
4 3 (1.80%) CRD IV
5 1 (0.60%) Basel II
System Software
1 7 (4.19%) Docker
2 1 (0.60%) Oracle RAC
Systems Management
1 5 (2.99%) HP Quality Center
2 2 (1.20%) Kubernetes
Vendors
1 12 (7.19%) Oracle
2 7 (4.19%) Google
3 5 (2.99%) Microsoft
3 5 (2.99%) Tableau
4 4 (2.40%) Murex
5 3 (1.80%) HP
5 3 (1.80%) Sybase
6 1 (0.60%) Hyperion
6 1 (0.60%) Reuters
6 1 (0.60%) Salesforce.com
6 1 (0.60%) SAP