Period
to 21 January 2022

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 January 2022 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 Jan 2022
Same period 2021 Same period 2020
Rank 582 486 621
Rank change year-on-year -96 +135 +43
Contract jobs citing Credit Risk 241 112 140
As % of all contract jobs advertised in the UK 0.28% 0.27% 0.19%
As % of the Miscellaneous category 0.91% 0.86% 0.67%
Number of daily rates quoted 188 78 91
10th Percentile £450 £394 £419
25th Percentile £550 £495 £500
Median daily rate (50th Percentile) £650 £570 £600
Median % change year-on-year +14.04% -5.00% -4.00%
75th Percentile £763 £650 £725
90th Percentile £832 £700 £763
UK excluding London median daily rate £450 £513 £450
% change year-on-year -12.20% +13.89% +5.88%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £50.75
Median hourly rate - - £51.50
75th Percentile - - £52.25
90th Percentile - - -
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 26,500 12,957 20,773
As % of all contract IT jobs advertised in the UK 30.32% 31.19% 28.49%
Number of daily rates quoted 18,676 8,791 13,593
10th Percentile £300 £260 £250
25th Percentile £414 £363 £363
Median daily rate (50th Percentile) £525 £475 £473
Median % change year-on-year +10.53% +0.53% -0.53%
75th Percentile £638 £588 £575
90th Percentile £738 £688 £675
UK excluding London median daily rate £450 £418 £425
% change year-on-year +7.78% -1.76% -
Number of hourly rates quoted 662 508 822
10th Percentile £12.36 £12.50 £12.36
25th Percentile £16.00 £16.75 £15.25
Median hourly rate £26.27 £26.00 £21.00
Median % change year-on-year +1.04% +23.81% +5.00%
75th Percentile £49.69 £46.00 £44.99
90th Percentile £65.00 £58.75 £53.00
UK excluding London median hourly rate £20.00 £25.00 £20.50
% change year-on-year -20.00% +21.95% +13.70%

Credit Risk
Job Vacancy Trend

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

Job vacancy trend for Credit Risk in the UK

Credit Risk
Contractor Daily Rate Trend

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

Daily rate trend for Credit Risk in the UK

Credit Risk
Daily Rate Histogram

Daily rate distribution for jobs citing Credit Risk over the 6 months to 21 January 2022.

Daily rate histogram for Credit Risk in the UK

Credit Risk
Contractor Hourly Rate Trend

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

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 January 2022. 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 -126 192 £650 +13.04% 29
London -94 178 £660 +14.78% 25
Work from Home -111 56 £600 +20.00% 2
UK excluding London -125 25 £450 -12.20% 7
Scotland -36 17 £450 -15.49% 2
South West -54 4 £425 -
Midlands -60 3 £600 +67.13% 1
West Midlands -52 2 £600 +76.47%
East Midlands -31 1 £413 +9.13% 1
North of England -59 1 £350 -26.32% 2
Yorkshire - 1 £350 - 1

For the 6 months to 21 January 2022, 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.

1 118 (48.96%) Finance
2 114 (47.30%) Banking
3 92 (38.17%) SQL
4 75 (31.12%) Python
5 64 (26.56%) Java
6 53 (21.99%) Market Risk
7 51 (21.16%) Investment Banking
7 51 (21.16%) Analytics
8 43 (17.84%) Agile Software Development
8 43 (17.84%) Stress Testing
9 41 (17.01%) C#
9 41 (17.01%) Social Skills
9 41 (17.01%) CI/CD
10 37 (15.35%) AWS
11 36 (14.94%) Risk Management
12 34 (14.11%) Front Office
12 34 (14.11%) Fixed Income
12 34 (14.11%) Azure
13 29 (12.03%) C++
13 29 (12.03%) Foreign Exchange (FX)
13 29 (12.03%) Kubernetes
13 29 (12.03%) Full Stack Development
14 27 (11.20%) Derivative
15 26 (10.79%) Oracle
15 26 (10.79%) GCP
16 25 (10.37%) DevOps
16 25 (10.37%) Equities
17 24 (9.96%) SAS
17 24 (9.96%) TDD
18 23 (9.54%) Docker

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 24 (9.96%) SAS
2 7 (2.90%) Elasticsearch
3 5 (2.07%) Apache Spark
4 3 (1.24%) Apache Airflow
4 3 (1.24%) IBM HTTP Server
4 3 (1.24%) Oracle SOA Suite
4 3 (1.24%) SharePoint
4 3 (1.24%) Tomcat
4 3 (1.24%) WebLogic
5 1 (0.41%) Apache
5 1 (0.41%) Jupyter
Applications
1 5 (2.07%) Microsoft Excel
2 4 (1.66%) Microsoft PowerPoint
2 4 (1.66%) MS Visio
3 3 (1.24%) LaTeX
3 3 (1.24%) Microsoft Project
4 1 (0.41%) Microsoft Office
Business Applications
1 1 (0.41%) SAP Bank Analyzer
Cloud Services
1 37 (15.35%) AWS
2 34 (14.11%) Azure
3 26 (10.79%) GCP
4 3 (1.24%) OpenShift
4 3 (1.24%) Serverless
5 2 (0.83%) Amazon EMR
5 2 (0.83%) NuGet
6 1 (0.41%) Amazon EC2
6 1 (0.41%) Amazon S3
6 1 (0.41%) AWS Lambda
6 1 (0.41%) Azure Cosmos DB
6 1 (0.41%) Azure Event Grid
6 1 (0.41%) Azure Functions
6 1 (0.41%) Azure Service Bus
6 1 (0.41%) Azure Synapse Analytics
6 1 (0.41%) Power Platform
Communications & Networking
1 3 (1.24%) LAN
1 3 (1.24%) WAN
2 2 (0.83%) Multicast
3 1 (0.41%) ATM
3 1 (0.41%) PuTTY
3 1 (0.41%) Unified Communications
3 1 (0.41%) VPN
3 1 (0.41%) WinSCP
3 1 (0.41%) WLAN
Database & Business Intelligence
1 14 (5.81%) Data Warehouse
2 13 (5.39%) MongoDB
3 11 (4.56%) SQL Server
4 8 (3.32%) NoSQL
5 7 (2.90%) Big Data
5 7 (2.90%) Data Lake
5 7 (2.90%) SQL Server 2012
6 4 (1.66%) Hadoop
6 4 (1.66%) OLAP
6 4 (1.66%) OLAP Cube
6 4 (1.66%) Oracle Database
6 4 (1.66%) Oracle Database 11g
6 4 (1.66%) Oracle Database 12c
6 4 (1.66%) RDBMS
6 4 (1.66%) Relational Database
6 4 (1.66%) SQL Server Analysis Services
6 4 (1.66%) SQL Server Integration Services
6 4 (1.66%) SQL Server Reporting Services
7 3 (1.24%) Biml
7 3 (1.24%) Data Mart
Development Applications
1 15 (6.22%) Git (software)
2 10 (4.15%) Jenkins
2 10 (4.15%) JIRA
3 6 (2.49%) TeamCity
4 5 (2.07%) JUnit
4 5 (2.07%) Maven
4 5 (2.07%) Mockito
5 2 (0.83%) Atlassian Bamboo
5 2 (0.83%) Bitbucket
5 2 (0.83%) Cucumber
5 2 (0.83%) Liquibase
5 2 (0.83%) Protractor
5 2 (0.83%) SonarQube
6 1 (0.41%) git-flow
6 1 (0.41%) PowerDesigner
6 1 (0.41%) Selenium
6 1 (0.41%) Subversion
6 1 (0.41%) Team Foundation Server
6 1 (0.41%) webpack
General
1 118 (48.96%) Finance
2 114 (47.30%) Banking
3 51 (21.16%) Investment Banking
4 41 (17.01%) Social Skills
5 34 (14.11%) Front Office
6 17 (7.05%) Analytical Skills
7 8 (3.32%) Legal
8 7 (2.90%) Documentation Skills
9 6 (2.49%) Financial Institution
9 6 (2.49%) Retail Banking
10 5 (2.07%) Retail
11 4 (1.66%) Marketing
11 4 (1.66%) Private Banking
12 3 (1.24%) Electronics
12 3 (1.24%) Manufacturing
12 3 (1.24%) Public Sector
12 3 (1.24%) Telecoms
13 2 (0.83%) Back Office
13 2 (0.83%) Organisational Skills
13 2 (0.83%) Presentation Skills
Job Titles
1 105 (43.57%) Developer
2 63 (26.14%) Analyst
3 32 (13.28%) Risk Analyst
4 30 (12.45%) Business Analyst
4 30 (12.45%) Java Developer
5 26 (10.79%) Python Developer
6 22 (9.13%) Architect
7 18 (7.47%) C# Developer
8 17 (7.05%) Risk Business Analyst
9 16 (6.64%) SQL Developer
10 15 (6.22%) Credit Risk Business Analyst
10 15 (6.22%) Front Office Developer
10 15 (6.22%) Qualitative Analyst
10 15 (6.22%) Quantitative Analyst
10 15 (6.22%) React Developer
11 14 (5.81%) Lead Developer
12 13 (5.39%) Credit Analyst
12 13 (5.39%) Credit Risk Analyst
13 12 (4.98%) Credit Risk Developer
13 12 (4.98%) Quantitative Risk Analyst
Libraries, Frameworks & Software Standards
1 23 (9.54%) AngularJS
2 19 (7.88%) .NET
3 18 (7.47%) Spring
4 17 (7.05%) Spring Boot
5 16 (6.64%) React
6 15 (6.22%) WPF
7 14 (5.81%) GraphQL
7 14 (5.81%) Node.js
8 11 (4.56%) HTML
9 9 (3.73%) Hibernate
10 8 (3.32%) .NET Framework
10 8 (3.32%) WCF
11 7 (2.90%) CSS
12 6 (2.49%) HTML5
12 6 (2.49%) Kafka
12 6 (2.49%) Lambda Expressions
13 5 (2.07%) MyBatis
13 5 (2.07%) PySpark
14 3 (1.24%) CSS3
14 3 (1.24%) JMS
Miscellaneous
1 53 (21.99%) Market Risk
2 34 (14.11%) Fixed Income
3 29 (12.03%) Foreign Exchange (FX)
4 27 (11.20%) Derivative
5 25 (10.37%) Equities
6 17 (7.05%) Cloud Native
7 16 (6.64%) Hedge funds
8 7 (2.90%) Public Cloud
8 7 (2.90%) Swaptions
9 5 (2.07%) Credit Derivative
10 4 (1.66%) Data Protection Act
10 4 (1.66%) State Machine
11 3 (1.24%) Algorithms
11 3 (1.24%) Enterprise Software
11 3 (1.24%) Legacy Applications
11 3 (1.24%) Virtual Team
12 2 (0.83%) Data Structures
12 2 (0.83%) Mobile App
12 2 (0.83%) Reference Data
12 2 (0.83%) Renewable Energy
Operating Systems
1 11 (4.56%) Linux
2 8 (3.32%) Windows
3 3 (1.24%) Unix
Processes & Methodologies
1 51 (21.16%) Analytics
2 43 (17.84%) Agile Software Development
2 43 (17.84%) Stress Testing
3 41 (17.01%) CI/CD
4 36 (14.94%) Risk Management
5 29 (12.03%) Full Stack Development
6 25 (10.37%) DevOps
7 24 (9.96%) TDD
8 21 (8.71%) Microservices
9 19 (7.88%) Software Engineering
9 19 (7.88%) Validation
10 17 (7.05%) Scrum
11 16 (6.64%) Asset Management
11 16 (6.64%) Risk Analytics
11 16 (6.64%) Stakeholder Management
12 15 (6.22%) OO
12 15 (6.22%) User Acceptance Testing
13 14 (5.81%) Credit Risk Management
13 14 (5.81%) Data Analysis
13 14 (5.81%) Investment Management
Programming Languages
1 92 (38.17%) SQL
2 75 (31.12%) Python
3 64 (26.56%) Java
4 41 (17.01%) C#
5 29 (12.03%) C++
6 21 (8.71%) JavaScript
6 21 (8.71%) TypeScript
7 17 (7.05%) Java 8
8 15 (6.22%) Scala
9 14 (5.81%) Kotlin
10 11 (4.56%) T-SQL
11 9 (3.73%) VBA
12 7 (2.90%) PL/SQL
12 7 (2.90%) R
13 5 (2.07%) Java 11
14 3 (1.24%) F#
15 1 (0.41%) Bicep
15 1 (0.41%) Go
15 1 (0.41%) Perl
15 1 (0.41%) VB
Qualifications
1 11 (4.56%) Degree
2 5 (2.07%) Master's Degree
2 5 (2.07%) PhD
3 2 (0.83%) CFA
3 2 (0.83%) ISTQB
3 2 (0.83%) PRINCE2 Certification
4 1 (0.41%) Numerate Degree
Quality Assurance & Compliance
1 14 (5.81%) IFRS
1 14 (5.81%) IFRS 9
2 12 (4.98%) Basel II
3 4 (1.66%) Basel III
3 4 (1.66%) CRD IV
3 4 (1.66%) QA
4 3 (1.24%) PMO
5 2 (0.83%) COREP
5 2 (0.83%) Data Quality
6 1 (0.41%) GDPR
6 1 (0.41%) PSD2
6 1 (0.41%) SEPA
6 1 (0.41%) TARGET2
System Software
1 23 (9.54%) Docker
2 1 (0.41%) Platform Symphony
Systems Management
1 29 (12.03%) Kubernetes
2 5 (2.07%) Control-M
3 3 (1.24%) Terraform
4 1 (0.41%) Ansible
4 1 (0.41%) Kibana
4 1 (0.41%) Single Sign-On
Vendors
1 26 (10.79%) Oracle
2 10 (4.15%) Microsoft
3 8 (3.32%) Sybase
4 7 (2.90%) SAP
5 3 (1.24%) Databricks
5 3 (1.24%) Informatica
6 2 (0.83%) IBM
6 2 (0.83%) Red Hat
6 2 (0.83%) Telerik
7 1 (0.41%) Adobe
7 1 (0.41%) BiZZdesign
7 1 (0.41%) BT
7 1 (0.41%) Google
7 1 (0.41%) Infragistics
7 1 (0.41%) MuleSoft
7 1 (0.41%) Murex
7 1 (0.41%) Salesforce.com
7 1 (0.41%) Sun