Period
to 23 November 2017

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 23 November 2017 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
23 Nov 2017
Same period 2016 Same period 2015
Rank 456 481 382
Rank change year-on-year +25 -99 +33
Contract jobs citing Credit Risk 494 471 677
As % of all contract IT jobs advertised in the UK 0.48% 0.45% 0.60%
As % of the Miscellaneous category 1.42% 1.35% 1.83%
Number of daily rates quoted 367 299 519
UK median daily rate £575 £488 £535
Median daily rate % change year-on-year +17.95% -8.88% +7.00%
10th Percentile £357 £323 £363
90th Percentile £763 £700 £675
UK excluding London median daily rate £383 £400 £425
% change year-on-year -4.38% -5.88% -1.62%
Number of hourly rates quoted 0 1 2
UK median hourly rate - £60.00 £40.00
Median hourly rate % change year-on-year - +50.00% -
UK excluding London median hourly rate - - £60.00

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 34725 34822 36974
As % of all contract IT jobs advertised in the UK 33.68% 33.08% 32.53%
Number of daily rates quoted 23034 22825 23509
UK median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.19% +5.00%
10th Percentile £263 £250 £240
90th Percentile £650 £625 £615
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 1022 1194 1462
UK median hourly rate £20.97 £20.50 £19.50
Median hourly rate % change year-on-year +2.28% +5.13% +8.33%
10th Percentile £11.25 £11.72 £11.25
90th Percentile £48.75 £47.50 £47.24
UK excluding London median hourly rate £20.00 £21.00 £19.00
% change year-on-year -4.76% +10.53% +8.57%

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 23 November 2017.

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 13 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 23 November 2017. 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 +12 439 £578 +15.50% 37
London +5 392 £594 +10.98% 29
UK excluding London +10 100 £383 -4.38% 8
Scotland +18 45 £388 -8.82%
North of England +56 23 £463 +7.25% 5
North West +23 17 £500 +14.29% 3
Midlands +4 11 £388 +10.71% 1
South East -5 10 £363 -14.71% 2
Wales +20 8 £348 -13.00%
East Midlands -8 8 £406 +30.00%
Yorkshire +17 6 £440 +2.03% 2
West Midlands +14 3 £365 +3.33% 1
South West -15 3 £288 -4.17%

For the 6 months to 23 November 2017, IT contractor jobs citing Credit Risk also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Credit Risk.

1 284 (57.49%) Finance
2 270 (54.66%) Banking
3 160 (32.39%) SQL
4 133 (26.92%) Market Risk
5 128 (25.91%) Investment Banking
6 127 (25.71%) Agile Software Development
7 103 (20.85%) C#
8 89 (18.02%) Risk Management
9 85 (17.21%) Java
10 80 (16.19%) Python
10 80 (16.19%) Derivative
11 79 (15.99%) Front Office
12 68 (13.77%) Mathematics
13 64 (12.96%) Analytical Skills
14 62 (12.55%) Stress Testing
14 62 (12.55%) C++
15 60 (12.15%) Degree
16 59 (11.94%) SQL Server
17 55 (11.13%) Analytics
18 54 (10.93%) .NET
18 54 (10.93%) Stakeholder Management
19 50 (10.12%) JIRA
20 47 (9.51%) Migration
20 47 (9.51%) SAS
21 46 (9.31%) Microsoft
21 46 (9.31%) Validation
22 42 (8.50%) TDD
23 41 (8.30%) Multithreading
23 41 (8.30%) Physics
23 41 (8.30%) Credit Risk Modelling

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 47 (9.51%) SAS
2 15 (3.04%) Tomcat
3 12 (2.43%) Apache Spark
4 5 (1.01%) Apache
4 5 (1.01%) Confluence
5 4 (0.81%) SharePoint
6 3 (0.61%) IIS
6 3 (0.61%) nginx
6 3 (0.61%) Oracle Coherence
7 2 (0.40%) Oracle SOA Suite
7 2 (0.40%) PegaRULES
8 1 (0.20%) CMS
8 1 (0.20%) GemFire
8 1 (0.20%) WebSphere
Applications
1 39 (7.89%) Microsoft Excel
2 17 (3.44%) Microsoft PowerPoint
3 14 (2.83%) Microsoft Office
4 13 (2.63%) MS Visio
5 9 (1.82%) Microsoft Project
6 1 (0.20%) EViews
6 1 (0.20%) Spreadsheet
6 1 (0.20%) SPSS
Business Applications
1 1 (0.20%) Eloqua
1 1 (0.20%) Kondor
1 1 (0.20%) Oracle General Ledger
1 1 (0.20%) VisionPLUS
Cloud Services
1 10 (2.02%) Amazon AWS
2 3 (0.61%) Cloud Computing
3 2 (0.40%) Microsoft Azure
4 1 (0.20%) SaaS
Communications & Networking
1 5 (1.01%) SMS
2 4 (0.81%) Network Security
3 3 (0.61%) PuTTY
3 3 (0.61%) WinSCP
4 2 (0.40%) Intranet
4 2 (0.40%) Kerberos
5 1 (0.20%) HTTP
5 1 (0.20%) LAN
5 1 (0.20%) TCP/IP
5 1 (0.20%) WAN
5 1 (0.20%) Wireless
Database & Business Intelligence
1 59 (11.94%) SQL Server
2 30 (6.07%) NoSQL
3 27 (5.47%) MongoDB
4 23 (4.66%) Big Data
4 23 (4.66%) Data Warehouse
5 19 (3.85%) Hadoop
5 19 (3.85%) SQL Server Reporting Services
6 14 (2.83%) Relational Database
7 13 (2.63%) SQL Server 2012
8 10 (2.02%) SQL Server Integration Services
9 9 (1.82%) HBase
10 8 (1.62%) MS Access
11 7 (1.42%) SQL Server 2008
12 6 (1.21%) Apache Cassandra
12 6 (1.21%) SQL Server 2014
12 6 (1.21%) SQL Server 2016
13 5 (1.01%) MySQL
13 5 (1.01%) SQL Server Analysis Services
14 4 (0.81%) BusinessObjects
14 4 (0.81%) OLAP
Development Applications
1 50 (10.12%) JIRA
2 24 (4.86%) Subversion
3 21 (4.25%) Atlassian Bamboo
4 12 (2.43%) Cucumber
5 11 (2.23%) Git (software)
6 10 (2.02%) Team Foundation Server
7 7 (1.42%) Jenkins
8 6 (1.21%) Selenium
9 5 (1.01%) JMeter
9 5 (1.01%) NUnit
9 5 (1.01%) SoapUI
9 5 (1.01%) Visual Studio
9 5 (1.01%) WebDriver
10 4 (0.81%) ERwin
10 4 (0.81%) Jasmine
10 4 (0.81%) Maven
10 4 (0.81%) Mocha
10 4 (0.81%) MSTest
10 4 (0.81%) SpecFlow
11 3 (0.61%) FxCop
General
1 284 (57.49%) Finance
2 270 (54.66%) Banking
3 128 (25.91%) Investment Banking
4 79 (15.99%) Front Office
5 35 (7.09%) Retail Banking
6 28 (5.67%) Retail
7 21 (4.25%) Marketing
8 17 (3.44%) Financial Institution
9 8 (1.62%) Retail Finance
10 5 (1.01%) Back Office
10 5 (1.01%) Telecoms
11 4 (0.81%) Corporate Banking
12 3 (0.61%) Japanese Language
13 2 (0.40%) Advertising
13 2 (0.40%) Billing
13 2 (0.40%) Dutch Language
13 2 (0.40%) Legal
13 2 (0.40%) Private Banking
13 2 (0.40%) Wholesale Banking
14 1 (0.20%) General Ledger
Job Titles
1 200 (40.49%) Developer
2 165 (33.40%) Analyst
3 94 (19.03%) Risk Analyst
4 83 (16.80%) Credit Analyst
5 77 (15.59%) Credit Risk Analyst
6 75 (15.18%) Business Analyst
7 67 (13.56%) Credit Risk Developer
8 48 (9.72%) Python Developer
9 46 (9.31%) Java Developer
10 41 (8.30%) C# Developer
11 37 (7.49%) Risk Business Analyst
12 36 (7.29%) Risk Manager
13 28 (5.67%) Banking Analyst
14 27 (5.47%) Project Manager
15 26 (5.26%) Quantitative Developer
15 26 (5.26%) Test Analyst
16 25 (5.06%) Senior Developer
17 24 (4.86%) Credit Risk Business Analyst
17 24 (4.86%) Qualitative Analyst
17 24 (4.86%) Quantitative Analyst
Libraries, Frameworks & Software Standards
1 54 (10.93%) .NET
2 38 (7.69%) WCF
2 38 (7.69%) WPF
3 27 (5.47%) HTML
4 22 (4.45%) .NET Framework
5 18 (3.64%) HTML5
6 17 (3.44%) Reactive Extensions
6 17 (3.44%) Task Parallel Library
7 16 (3.24%) CSS
7 16 (3.24%) XML
8 15 (3.04%) Web Services
9 12 (2.43%) Spring
10 11 (2.23%) AngularJS
11 10 (2.02%) ASP.NET
12 7 (1.42%) REST
13 6 (1.21%) Flask
13 6 (1.21%) Kafka
13 6 (1.21%) RESTful
14 5 (1.01%) Akka
14 5 (1.01%) React
Miscellaneous
1 133 (26.92%) Market Risk
2 80 (16.19%) Derivative
3 64 (12.96%) Analytical Skills
4 33 (6.68%) Computer Science
5 31 (6.28%) Fixed Income
6 28 (5.67%) Foreign Exchange (FX)
7 25 (5.06%) Enterprise Software
8 21 (4.25%) Equities
8 21 (4.25%) Greenfield Project
9 12 (2.43%) Grid Computing
10 11 (2.23%) Management Information System
11 10 (2.02%) Virtual Team
12 7 (1.42%) Fintech
13 6 (1.21%) OTC Derivatives
14 5 (1.01%) Data Structures
14 5 (1.01%) N-Tier
15 4 (0.81%) Analytical Mindset
15 4 (0.81%) Equity Derivative
16 3 (0.61%) Interest Rate Derivative
16 3 (0.61%) Reference Data
Operating Systems
1 20 (4.05%) Windows
2 19 (3.85%) Unix
3 18 (3.64%) Linux
4 3 (0.61%) Windows Server
5 1 (0.20%) Windows Server 2008
Processes & Methodologies
1 127 (25.71%) Agile Software Development
2 89 (18.02%) Risk Management
3 68 (13.77%) Mathematics
4 62 (12.55%) Stress Testing
5 55 (11.13%) Analytics
6 54 (10.93%) Stakeholder Management
7 47 (9.51%) Migration
8 46 (9.31%) Validation
9 42 (8.50%) TDD
10 41 (8.30%) Credit Risk Modelling
10 41 (8.30%) Multithreading
10 41 (8.30%) Physics
11 39 (7.89%) Business Intelligence
12 36 (7.29%) Test Scripting
13 35 (7.09%) Project Management
13 35 (7.09%) Scrum
13 35 (7.09%) User Acceptance Testing
14 30 (6.07%) Data Modelling
15 29 (5.87%) SDLC
16 28 (5.67%) ETL
Programming Languages
1 160 (32.39%) SQL
2 103 (20.85%) C#
3 85 (17.21%) Java
4 80 (16.19%) Python
5 62 (12.55%) C++
6 37 (7.49%) VBA
7 25 (5.06%) T-SQL
8 19 (3.85%) JavaScript
9 15 (3.04%) R
9 15 (3.04%) Scala
10 12 (2.43%) TypeScript
11 11 (2.23%) PHP
11 11 (2.23%) PL/SQL
12 7 (1.42%) Shell Script
13 5 (1.01%) C
13 5 (1.01%) Ruby
14 4 (0.81%) ES6
14 4 (0.81%) F#
14 4 (0.81%) PowerShell
15 3 (0.61%) Go
Qualifications
1 60 (12.15%) Degree
2 18 (3.64%) PhD
3 15 (3.04%) Master's Degree
4 14 (2.83%) Computer Science Degree
4 14 (2.83%) Numerate Degree
5 6 (1.21%) CFA
6 5 (1.01%) ISEB
6 5 (1.01%) MBA
7 3 (0.61%) ISTQB
8 1 (0.20%) APMP
8 1 (0.20%) CISA
8 1 (0.20%) CRISC
8 1 (0.20%) ISEB Practitioner
8 1 (0.20%) Postgraduate
8 1 (0.20%) PRINCE2 Practitioner
8 1 (0.20%) SAS Certification
Quality Assurance & Compliance
1 32 (6.48%) QA
2 19 (3.85%) IFRS
3 16 (3.24%) Basel II
3 16 (3.24%) IFRS 9
4 11 (2.23%) Data Quality
5 9 (1.82%) Sarbanes-Oxley
6 5 (1.01%) Basel III
6 5 (1.01%) COREP
6 5 (1.01%) Dodd-Frank
6 5 (1.01%) MiFID
7 4 (0.81%) FINREP
8 3 (0.61%) CRD IV
9 2 (0.40%) EMIR
9 2 (0.40%) PCI DSS
10 1 (0.20%) COBIT
10 1 (0.20%) GDPR
10 1 (0.20%) ISO/IEC 27001
10 1 (0.20%) PMO
System Software
1 4 (0.81%) Docker
1 4 (0.81%) HDFS
2 3 (0.61%) Apache ZooKeeper
3 2 (0.40%) GridGain
4 1 (0.20%) Apache Flume
Systems Management
1 10 (2.02%) Control-M
2 8 (1.62%) HP Quality Center
3 4 (0.81%) ITRS Geneos
4 3 (0.61%) Mesos
5 2 (0.40%) CA Service Virtualization
6 1 (0.20%) Oozie
6 1 (0.20%) Tivoli
Vendors
1 46 (9.31%) Microsoft
2 30 (6.07%) Oracle
3 10 (2.02%) Informatica
4 9 (1.82%) Cognos
5 7 (1.42%) IBM
5 7 (1.42%) Murex
6 4 (0.81%) Atlassian
6 4 (0.81%) Sybase
6 4 (0.81%) Teradata
7 3 (0.61%) Splunk
8 2 (0.40%) CA
8 2 (0.40%) Typemock
9 1 (0.20%) Bloomberg
9 1 (0.20%) Pega
9 1 (0.20%) Reuters
9 1 (0.20%) ServiceNow
9 1 (0.20%) Tableau
9 1 (0.20%) TIBCO