Period
to 24 September 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 24 September 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
24 Sep 2017
Same period 2016 Same period 2015
Rank 480 485 382
Rank change year-on-year +5 -103 +12
Contract jobs citing Credit Risk 434 450 709
As % of all contract IT jobs advertised in the UK 0.45% 0.42% 0.62%
As % of the Miscellaneous category 1.33% 1.27% 1.93%
Number of daily rates quoted 330 292 569
UK median daily rate £550 £500 £550
Median daily rate % change year-on-year +10.00% -9.09% +6.80%
10th Percentile £351 £325 £365
90th Percentile £725 £700 £688
UK excluding London median daily rate £388 £425 £448
% change year-on-year -8.82% -5.03% +8.48%
Number of hourly rates quoted 0 1 0
UK median hourly rate - £60.00 -
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 32551 35561 36742
As % of all contract IT jobs advertised in the UK 33.44% 33.34% 32.18%
Number of daily rates quoted 21366 23347 23128
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £250 £240
90th Percentile £650 £625 £613
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 966 1192 1428
UK median hourly rate £21.90 £20.38 £18.89
Median hourly rate % change year-on-year +7.46% +7.89% -3.75%
10th Percentile £11.25 £11.51 £11.17
90th Percentile £50.00 £46.75 £47.50
UK excluding London median hourly rate £21.00 £21.00 £18.00
% change year-on-year - +16.67% -5.26%

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 24 September 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 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 24 September 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 +30 384 £555 +11.00% 27
London +35 320 £575 +4.55% 17
UK excluding London -5 113 £388 -8.82% 11
Scotland +16 41 £388 -13.89% 1
North of England +67 33 £445 +5.01% 6
North West +16 18 £500 +25.00% 4
Yorkshire +37 15 £438 +3.24% 2
South East +7 14 £363 -12.12% 2
Midlands +5 8 £375 -9.09% 2
Wales +4 8 £348 -13.00%
South West +1 6 £288 -4.17%
East Midlands +1 5 £438 -
West Midlands +10 3 £365 -8.75% 2
East of England -5 3 - -

For the 6 months to 24 September 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.

1 255 (58.76%) Finance
2 229 (52.76%) Banking
3 133 (30.65%) SQL
4 126 (29.03%) Market Risk
5 109 (25.12%) Investment Banking
6 103 (23.73%) Agile Software Development
7 94 (21.66%) Risk Management
8 77 (17.74%) Java
9 74 (17.05%) C#
10 70 (16.13%) Derivative
11 67 (15.44%) Retail
11 67 (15.44%) Analytical Skills
12 64 (14.75%) SAS
12 64 (14.75%) Analytics
13 63 (14.52%) Degree
14 60 (13.82%) Python
14 60 (13.82%) Front Office
15 58 (13.36%) SQL Server
16 55 (12.67%) Stakeholder Management
17 54 (12.44%) .NET
18 53 (12.21%) Mathematics
19 49 (11.29%) Stress Testing
19 49 (11.29%) JIRA
19 49 (11.29%) Microsoft Excel
20 46 (10.60%) TDD
21 42 (9.68%) Migration
22 39 (8.99%) C++
23 37 (8.53%) Validation
24 36 (8.29%) VBA
24 36 (8.29%) User Acceptance Testing

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 64 (14.75%) SAS
2 14 (3.23%) Tomcat
3 10 (2.30%) Apache Spark
4 5 (1.15%) Confluence
5 4 (0.92%) Apache
5 4 (0.92%) SharePoint
6 3 (0.69%) IIS
7 2 (0.46%) nginx
8 1 (0.23%) CMS
8 1 (0.23%) DataSynapse
8 1 (0.23%) GemFire
8 1 (0.23%) Oracle Coherence
8 1 (0.23%) Oracle SOA Suite
8 1 (0.23%) PegaRULES
Applications
1 49 (11.29%) Microsoft Excel
2 23 (5.30%) Microsoft PowerPoint
3 21 (4.84%) Microsoft Office
4 17 (3.92%) MS Visio
5 7 (1.61%) Microsoft Project
6 1 (0.23%) EViews
6 1 (0.23%) SPSS
Business Applications
1 1 (0.23%) Eloqua
1 1 (0.23%) Kondor
1 1 (0.23%) Pega PRPC
1 1 (0.23%) VisionPLUS
Cloud Services
1 2 (0.46%) Amazon AWS
1 2 (0.46%) Microsoft Azure
2 1 (0.23%) Cloud Computing
2 1 (0.23%) SaaS
Communications & Networking
1 5 (1.15%) SMS
2 3 (0.69%) PuTTY
2 3 (0.69%) WinSCP
3 2 (0.46%) Intranet
3 2 (0.46%) Kerberos
4 1 (0.23%) Firewall
4 1 (0.23%) HTTP
4 1 (0.23%) LAN
4 1 (0.23%) TCP/IP
4 1 (0.23%) WAN
4 1 (0.23%) Wireless
Database & Business Intelligence
1 58 (13.36%) SQL Server
2 29 (6.68%) Big Data
3 24 (5.53%) NoSQL
4 20 (4.61%) Data Warehouse
4 20 (4.61%) MongoDB
5 17 (3.92%) Hadoop
6 16 (3.69%) SQL Server Reporting Services
7 13 (3.00%) Relational Database
8 7 (1.61%) BusinessObjects
8 7 (1.61%) SQL Server 2012
9 6 (1.38%) SQL Server Integration Services
10 5 (1.15%) Apache Cassandra
10 5 (1.15%) Data Mining
10 5 (1.15%) HBase
10 5 (1.15%) MS Access
10 5 (1.15%) MySQL
11 4 (0.92%) Base SAS
11 4 (0.92%) SQL Server Analysis Services
12 3 (0.69%) QlikView
12 3 (0.69%) SAS Enterprise Guide
Development Applications
1 49 (11.29%) JIRA
2 21 (4.84%) Atlassian Bamboo
2 21 (4.84%) Subversion
3 14 (3.23%) Team Foundation Server
4 9 (2.07%) Git (software)
4 9 (2.07%) Jenkins
5 8 (1.84%) Cucumber
6 7 (1.61%) Selenium
7 6 (1.38%) NUnit
7 6 (1.38%) Visual Studio
8 5 (1.15%) JMeter
8 5 (1.15%) SpecFlow
8 5 (1.15%) WebDriver
9 4 (0.92%) ClearCase
9 4 (0.92%) CruiseControl
9 4 (0.92%) FitNesse
9 4 (0.92%) Jasmine
9 4 (0.92%) Mocha
9 4 (0.92%) SoapUI
10 3 (0.69%) Ant
General
1 255 (58.76%) Finance
2 229 (52.76%) Banking
3 109 (25.12%) Investment Banking
4 67 (15.44%) Retail
5 60 (13.82%) Front Office
6 33 (7.60%) Retail Banking
7 23 (5.30%) Marketing
8 8 (1.84%) Financial Institution
9 7 (1.61%) Telecoms
10 5 (1.15%) Back Office
10 5 (1.15%) Corporate Banking
10 5 (1.15%) Legal
11 3 (0.69%) Billing
11 3 (0.69%) Japanese Language
12 2 (0.46%) Advertising
13 1 (0.23%) Law
13 1 (0.23%) Pharmaceutical
Job Titles
1 167 (38.48%) Developer
2 155 (35.71%) Analyst
3 76 (17.51%) Risk Analyst
4 66 (15.21%) Credit Analyst
5 60 (13.82%) Credit Risk Analyst
6 59 (13.59%) Business Analyst
7 50 (11.52%) Credit Risk Developer
8 45 (10.37%) Java Developer
9 37 (8.53%) Test Analyst
10 35 (8.06%) Python Developer
11 34 (7.83%) C# Developer
12 31 (7.14%) Risk Manager
13 25 (5.76%) Banking Analyst
13 25 (5.76%) Risk Business Analyst
14 21 (4.84%) Credit Risk Manager
14 21 (4.84%) Project Manager
15 19 (4.38%) C++ Developer
15 19 (4.38%) Quantitative Developer
16 18 (4.15%) .NET Developer
17 17 (3.92%) Senior Analyst
Libraries, Frameworks & Software Standards
1 54 (12.44%) .NET
2 31 (7.14%) WCF
2 31 (7.14%) WPF
3 25 (5.76%) HTML
4 20 (4.61%) HTML5
5 19 (4.38%) .NET Framework
6 16 (3.69%) Spring
7 15 (3.46%) Reactive Extensions
7 15 (3.46%) Task Parallel Library
7 15 (3.46%) Web Services
8 13 (3.00%) AngularJS
9 12 (2.76%) CSS
10 8 (1.84%) REST
10 8 (1.84%) XML
11 5 (1.15%) ASP.NET
11 5 (1.15%) Flask
11 5 (1.15%) React
11 5 (1.15%) RESTful
12 4 (0.92%) CSS3
12 4 (0.92%) XSLT
Miscellaneous
1 126 (29.03%) Market Risk
2 70 (16.13%) Derivative
3 67 (15.44%) Analytical Skills
4 26 (5.99%) Fixed Income
5 22 (5.07%) Computer Science
6 21 (4.84%) Enterprise Software
7 19 (4.38%) Greenfield Project
8 16 (3.69%) Foreign Exchange (FX)
9 14 (3.23%) Equities
10 13 (3.00%) Grid Computing
11 10 (2.30%) Management Information System
12 7 (1.61%) Fintech
12 7 (1.61%) Hedge funds
13 6 (1.38%) Data Structures
13 6 (1.38%) N-Tier
13 6 (1.38%) User Experience
14 5 (1.15%) OTC Derivatives
14 5 (1.15%) Virtual Team
15 4 (0.92%) Credit Derivative
16 3 (0.69%) Equity Derivative
Operating Systems
1 16 (3.69%) Windows
2 14 (3.23%) Unix
3 10 (2.30%) Linux
4 3 (0.69%) Windows Server
5 1 (0.23%) Ubuntu
5 1 (0.23%) Windows Server 2008
Processes & Methodologies
1 103 (23.73%) Agile Software Development
2 94 (21.66%) Risk Management
3 64 (14.75%) Analytics
4 55 (12.67%) Stakeholder Management
5 53 (12.21%) Mathematics
6 49 (11.29%) Stress Testing
7 46 (10.60%) TDD
8 42 (9.68%) Migration
9 37 (8.53%) Validation
10 36 (8.29%) Credit Risk Modelling
10 36 (8.29%) User Acceptance Testing
11 34 (7.83%) Business Intelligence
12 33 (7.60%) Multithreading
12 33 (7.60%) Project Management
12 33 (7.60%) Test Scripting
13 31 (7.14%) ETL
14 27 (6.22%) Business Analysis
14 27 (6.22%) Physics
15 26 (5.99%) Data Modelling
15 26 (5.99%) Scrum
Programming Languages
1 133 (30.65%) SQL
2 77 (17.74%) Java
3 74 (17.05%) C#
4 60 (13.82%) Python
5 39 (8.99%) C++
6 36 (8.29%) VBA
7 21 (4.84%) T-SQL
8 15 (3.46%) R
9 13 (3.00%) Scala
10 11 (2.53%) JavaScript
11 6 (1.38%) PowerShell
12 5 (1.15%) Delphi
12 5 (1.15%) PHP
12 5 (1.15%) PL/SQL
12 5 (1.15%) Ruby
12 5 (1.15%) TypeScript
13 4 (0.92%) ES6
13 4 (0.92%) Go
14 3 (0.69%) Perl
15 2 (0.46%) VB
Qualifications
1 63 (14.52%) Degree
2 18 (4.15%) Numerate Degree
3 14 (3.23%) Master's Degree
3 14 (3.23%) PhD
4 9 (2.07%) Computer Science Degree
5 7 (1.61%) CFA
6 5 (1.15%) MBA
7 3 (0.69%) ISEB
8 2 (0.46%) ACCA
8 2 (0.46%) CIMA
8 2 (0.46%) ISTQB
9 1 (0.23%) APMP
9 1 (0.23%) CISA
9 1 (0.23%) CRISC
9 1 (0.23%) ISEB Practitioner
9 1 (0.23%) PRINCE2 Certification
9 1 (0.23%) SAS Certification
Quality Assurance & Compliance
1 32 (7.37%) IFRS
2 31 (7.14%) IFRS 9
3 25 (5.76%) QA
4 19 (4.38%) Basel II
5 14 (3.23%) Data Quality
6 8 (1.84%) Sarbanes-Oxley
7 7 (1.61%) Basel III
8 6 (1.38%) Dodd-Frank
9 5 (1.15%) COREP
10 4 (0.92%) FINREP
11 3 (0.69%) CRD IV
12 2 (0.46%) MiFID
12 2 (0.46%) PCI DSS
13 1 (0.23%) COBIT
13 1 (0.23%) IAS 39
13 1 (0.23%) ISO/IEC 27001
13 1 (0.23%) PMO
13 1 (0.23%) Solvency II
System Software
1 5 (1.15%) Docker
2 2 (0.46%) GridGain
3 1 (0.23%) Apache Flume
3 1 (0.23%) HDFS
3 1 (0.23%) Platform Symphony
Systems Management
1 12 (2.76%) Control-M
2 8 (1.84%) HP Quality Center
3 2 (0.46%) BladeLogic
3 2 (0.46%) Dollar Universe
3 2 (0.46%) ITRS Geneos
4 1 (0.23%) Ansible
4 1 (0.23%) CA Service Virtualization
4 1 (0.23%) Mesos
4 1 (0.23%) Oozie
4 1 (0.23%) Opscode Chef
4 1 (0.23%) Tivoli
Vendors
1 31 (7.14%) Microsoft
2 24 (5.53%) Oracle
3 10 (2.30%) Informatica
4 6 (1.38%) Atlassian
4 6 (1.38%) SAP
5 5 (1.15%) Murex
6 3 (0.69%) IBM
7 2 (0.46%) Calypso
7 2 (0.46%) Cognos
7 2 (0.46%) Hyperion
7 2 (0.46%) Remedy
7 2 (0.46%) Sybase
7 2 (0.46%) Teradata
7 2 (0.46%) Typemock
7 2 (0.46%) Wallstreet Suite
8 1 (0.23%) BT
8 1 (0.23%) Cloudera
8 1 (0.23%) ServiceNow
8 1 (0.23%) Splunk
8 1 (0.23%) Tableau