Credit Risk Contracts

Credit Risk
UK

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 cited Credit Risk over the 6 months leading up to 30 April 2025, comparing them to the same period in the previous two years.

6 months to
30 Apr 2025
Same period 2024 Same period 2023
Rank 439 505 545
Rank change year-on-year +66 +40 +82
Contract jobs citing Credit Risk 80 95 168
As % of all contract jobs advertised in the UK 0.27% 0.22% 0.28%
As % of the Miscellaneous category 0.81% 0.72% 0.84%
Number of daily rates quoted 48 52 122
10th Percentile £497 £388 £400
25th Percentile £648 £460 £563
Median daily rate (50th Percentile) £700 £600 £650
Median % change year-on-year +16.67% -7.69% -1.52%
75th Percentile £806 £717 £768
90th Percentile £868 £870 £874
UK excluding London median daily rate £650 £550 £400
% change year-on-year +18.18% +37.50% -17.95%

All Generic Skills
UK

Credit Risk falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills.

Contract vacancies with a requirement for generic IT skills 9,915 13,252 19,898
As % of all contract IT jobs advertised in the UK 33.91% 30.40% 33.34%
Number of daily rates quoted 6,331 8,505 13,670
10th Percentile £300 £263 £308
25th Percentile £413 £413 £450
Median daily rate (50th Percentile) £525 £538 £550
Median % change year-on-year -2.42% -2.18% -
75th Percentile £650 £660 £680
90th Percentile £775 £788 £800
UK excluding London median daily rate £496 £500 £500
% change year-on-year -0.90% - +5.26%
Number of hourly rates quoted 394 910 640
10th Percentile £16.46 £12.25 £9.80
25th Percentile £21.00 £15.17 £10.63
Median hourly rate £32.05 £30.00 £22.49
Median % change year-on-year +6.83% +33.42% -18.24%
75th Percentile £63.75 £60.66 £65.00
90th Percentile £82.99 £70.00 £75.00
UK excluding London median hourly rate £30.93 £27.75 £22.00
% change year-on-year +11.46% +26.14% +9.64%

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 30 April 2025.

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 14 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 30 April 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 +50 67 £700 +16.67% 141
London +37 48 £750 +15.38% 119
UK excluding London +35 28 £650 +18.18% 32
Work from Home +54 21 £725 +23.40% 49
South East +23 9 £650 +13.04% 2
Scotland +6 7 £373 -44.43% 5
Midlands +27 5 £678 - 10
North of England +30 3 £646 +17.45% 9
Northern Ireland - 3 - - 3
East Midlands - 3 £550 - 8
Yorkshire +16 2 £646 +17.45% 5
West Midlands +16 2 £678 - 2
South West +44 1 £563 +25.00% 1
North West - 1 - - 4

Credit Risk
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 23 (28.75%) SAS
2 7 (8.75%) Apache Spark
3 2 (2.50%) Apache
4 1 (1.25%) Confluence
4 1 (1.25%) IBM HTTP Server
Applications
1 11 (13.75%) Microsoft Excel
2 5 (6.25%) Microsoft PowerPoint
3 3 (3.75%) Microsoft Office
Cloud Services
1 5 (6.25%) Power Platform
2 3 (3.75%) Amazon ECS
2 3 (3.75%) OpenShift
3 2 (2.50%) Apigee
3 2 (2.50%) SaaS
4 1 (1.25%) AWS
4 1 (1.25%) GCP
Database & Business Intelligence
1 6 (7.50%) Apache Hive
1 6 (7.50%) Hadoop
2 5 (6.25%) Power BI
3 3 (3.75%) Big Data
3 3 (3.75%) Data Mart
3 3 (3.75%) Data Warehouse
3 3 (3.75%) Flink
3 3 (3.75%) Looker
4 2 (2.50%) MySQL
5 1 (1.25%) Base SAS
5 1 (1.25%) Data Mining
5 1 (1.25%) Oracle Database
5 1 (1.25%) Oracle ODI
5 1 (1.25%) Presto
5 1 (1.25%) Tableau
Development Applications
1 3 (3.75%) Bitbucket
1 3 (3.75%) Jenkins
1 3 (3.75%) TeamCity
1 3 (3.75%) Xcode
2 2 (2.50%) Ant
2 2 (2.50%) JIRA
General
1 44 (55.00%) Finance
2 36 (45.00%) Banking
3 28 (35.00%) Social Skills
4 17 (21.25%) Analytical Skills
5 10 (12.50%) Investment Banking
6 6 (7.50%) Front Office
7 4 (5.00%) Financial Institution
7 4 (5.00%) Legal
8 3 (3.75%) Inclusion and Diversity
8 3 (3.75%) International Banking
8 3 (3.75%) Law
8 3 (3.75%) Retail
9 2 (2.50%) Influencing Skills
9 2 (2.50%) Presentation Skills
9 2 (2.50%) Public Sector
9 2 (2.50%) Retail Banking
10 1 (1.25%) Corporate Banking
10 1 (1.25%) Retail Finance
Job Titles
1 23 (28.75%) Analyst
2 21 (26.25%) Developer
3 16 (20.00%) Risk Analyst
4 14 (17.50%) Credit Analyst
5 12 (15.00%) Credit Risk Analyst
6 7 (8.75%) Python Developer
7 6 (7.50%) Quantitative Developer
8 5 (6.25%) Consultant
8 5 (6.25%) Lead
8 5 (6.25%) Market Risk Developer
9 4 (5.00%) Credit Risk Developer
9 4 (5.00%) Gen AI Specialist
9 4 (5.00%) Risk Manager
9 4 (5.00%) Senior
10 3 (3.75%) Angular Developer
10 3 (3.75%) Business Analyst
10 3 (3.75%) Credit Risk Manager
10 3 (3.75%) Data Modeller
10 3 (3.75%) Java Developer
10 3 (3.75%) Mobile Engineer
Libraries, Frameworks & Software Standards
1 6 (7.50%) PySpark
1 6 (7.50%) TensorFlow
2 4 (5.00%) Kafka
3 3 (3.75%) AngularJS
3 3 (3.75%) HTML
3 3 (3.75%) HTML5
3 3 (3.75%) RxJS
3 3 (3.75%) SwiftUI
3 3 (3.75%) UIKit
4 1 (1.25%) REST
Miscellaneous
1 16 (20.00%) Market Risk
2 4 (5.00%) Algorithms
2 4 (5.00%) Equities
2 4 (5.00%) Fixed Income
2 4 (5.00%) Foreign Exchange (FX)
3 3 (3.75%) Distributed Computing
3 3 (3.75%) Enterprise Software
3 3 (3.75%) Greenfield Project
3 3 (3.75%) iPad
3 3 (3.75%) iPhone
3 3 (3.75%) Mobile App
3 3 (3.75%) Onboarding
3 3 (3.75%) Reference Data
3 3 (3.75%) Virtual Team
4 2 (2.50%) Product Ownership
5 1 (1.25%) Public Cloud
5 1 (1.25%) Self-Motivation
Operating Systems
1 3 (3.75%) Android
1 3 (3.75%) Apple iOS
2 2 (2.50%) Linux
3 1 (1.25%) Windows
Processes & Methodologies
1 32 (40.00%) Analytics
2 27 (33.75%) Credit Risk Management
3 26 (32.50%) Risk Management
4 19 (23.75%) Agile
5 15 (18.75%) Validation
6 13 (16.25%) Problem-Solving
6 13 (16.25%) Stress Testing
7 12 (15.00%) Computer Science
7 12 (15.00%) Portfolio Management
8 11 (13.75%) Decision-Making
9 10 (12.50%) Data Analysis
10 9 (11.25%) High Availability
10 9 (11.25%) Mathematics
10 9 (11.25%) Prototyping
10 9 (11.25%) Rapid Prototyping
11 8 (10.00%) Credit Risk Modelling
11 8 (10.00%) Data Science
11 8 (10.00%) Machine Learning
11 8 (10.00%) Stakeholder Management
12 7 (8.75%) Customer Experience
Programming Languages
1 38 (47.50%) SQL
2 31 (38.75%) Python
3 7 (8.75%) Java
4 6 (7.50%) C++
5 4 (5.00%) TypeScript
6 3 (3.75%) Jython
6 3 (3.75%) Objective-C
6 3 (3.75%) Swift
6 3 (3.75%) VBA
7 2 (2.50%) Shell Script
8 1 (1.25%) Bash
8 1 (1.25%) JavaScript
8 1 (1.25%) MATLAB
8 1 (1.25%) PL/SQL
Qualifications
1 15 (18.75%) Degree
2 6 (7.50%) Computer Science Degree
3 5 (6.25%) Master's Degree
3 5 (6.25%) PhD
4 3 (3.75%) Numerate Degree
5 1 (1.25%) Security Cleared
Quality Assurance & Compliance
1 12 (15.00%) IFRS
1 12 (15.00%) IFRS 9
2 4 (5.00%) Basel II
3 3 (3.75%) Basel III
3 3 (3.75%) Data Quality
4 1 (1.25%) CRD IV
System Software
1 3 (3.75%) Docker
2 1 (1.25%) HDFS
Systems Management
1 3 (3.75%) Ansible
1 3 (3.75%) Kubernetes
2 2 (2.50%) Control-M
3 1 (1.25%) Oracle Enterprise Manager
Vendors
1 4 (5.00%) Alteryx
1 4 (5.00%) Murex
2 2 (2.50%) Calypso
2 2 (2.50%) Microsoft
3 1 (1.25%) Avaloq
3 1 (1.25%) Databricks
3 1 (1.25%) Google
3 1 (1.25%) Oracle