Period
to 21 February 2018

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 February 2018 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 Feb 2018
Same period 2017 Same period 2016
Rank 473 486 435
Rank change year-on-year +13 -51 -28
Contract jobs citing Credit Risk 447 401 520
As % of all contract IT jobs advertised in the UK 0.44% 0.42% 0.49%
As % of the Miscellaneous category 1.32% 1.28% 1.49%
Number of daily rates quoted 320 281 358
UK median daily rate £575 £500 £500
Median daily rate % change year-on-year +15.00% - -
10th Percentile £405 £319 £363
90th Percentile £763 £675 £688
UK excluding London median daily rate £415 £400 £444
% change year-on-year +3.75% -9.86% -1.39%
Number of hourly rates quoted 0 0 2
UK median hourly rate - - £40.00
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 33,913 31,424 34,832
As % of all contract IT jobs advertised in the UK 33.39% 32.73% 32.75%
Number of daily rates quoted 22,693 20,518 22,449
UK median daily rate £450 £425 £425
Median daily rate % change year-on-year +5.88% - +6.25%
10th Percentile £263 £256 £245
90th Percentile £650 £625 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year - +6.67% +3.45%
Number of hourly rates quoted 1,010 1,115 1,303
UK median hourly rate £22.50 £20.00 £20.50
Median hourly rate % change year-on-year +12.50% -2.44% +17.14%
10th Percentile £11.80 £11.32 £11.50
90th Percentile £50.67 £47.50 £48.75
UK excluding London median hourly rate £22.00 £19.00 £20.00
% change year-on-year +15.79% -5.00% +18.69%

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 February 2018.

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 21 February 2018. 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 +9 403 £588 +17.50% 45
London +14 360 £600 +10.09% 37
UK excluding London -24 85 £415 +3.75% 15
Scotland -1 40 £425 +21.43% 5
Midlands -5 20 £388 +5.44% 3
East Midlands +9 15 £394 +7.14% 2
North of England +19 10 £468 +10.12% 3
South East -10 9 £363 -36.96% 1
Yorkshire -5 6 £484 +16.98% 1
West Midlands -4 5 £370 +9.39% 1
North West +9 4 £383 -17.30% 2
South West -5 3 £525 +52.73% 1
Wales -1 2 £388 -8.82% 2
East of England -8 1 - -

For the 6 months to 21 February 2018, 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.

1 247 (55.26%) Finance
2 231 (51.68%) Banking
3 133 (29.75%) SQL
4 105 (23.49%) Agile Software Development
5 97 (21.70%) Investment Banking
6 94 (21.03%) Market Risk
7 85 (19.02%) Java
8 83 (18.57%) Front Office
9 82 (18.34%) C#
10 81 (18.12%) Risk Management
11 68 (15.21%) Stress Testing
12 67 (14.99%) Python
13 62 (13.87%) SAS
14 61 (13.65%) Stakeholder Management
15 58 (12.98%) Derivative
15 58 (12.98%) Analytical Skills
16 54 (12.08%) Analytics
16 54 (12.08%) C++
17 50 (11.19%) Microsoft
18 49 (10.96%) Degree
19 48 (10.74%) Project Management
20 46 (10.29%) Mathematics
21 43 (9.62%) SQL Server
22 42 (9.40%) Microsoft Excel
22 42 (9.40%) Credit Risk Modelling
23 41 (9.17%) Business Intelligence
24 39 (8.72%) Data Analysis
24 39 (8.72%) Multithreading
25 38 (8.50%) Validation
25 38 (8.50%) VBA

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 62 (13.87%) SAS
2 14 (3.13%) Tomcat
3 7 (1.57%) Apache Spark
3 7 (1.57%) nginx
4 5 (1.12%) SharePoint
5 4 (0.89%) Apache
6 3 (0.67%) Confluence
6 3 (0.67%) DataSynapse
6 3 (0.67%) Oracle Coherence
7 2 (0.45%) Apache Solr
7 2 (0.45%) Oracle SOA Suite
7 2 (0.45%) WebSphere
8 1 (0.22%) PegaRULES
Applications
1 42 (9.40%) Microsoft Excel
2 9 (2.01%) Microsoft PowerPoint
3 8 (1.79%) MS Visio
4 7 (1.57%) Microsoft Office
5 6 (1.34%) Microsoft Project
6 1 (0.22%) EViews
6 1 (0.22%) S-PLUS
6 1 (0.22%) Spreadsheet
Business Applications
1 3 (0.67%) Summit
2 1 (0.22%) Oracle General Ledger
Cloud Services
1 11 (2.46%) Amazon AWS
2 3 (0.67%) Cloud Computing
3 2 (0.45%) Google Cloud Platform
4 1 (0.22%) Google Compute Engine
4 1 (0.22%) IBM Blueworks
4 1 (0.22%) SaaS
Communications & Networking
1 6 (1.34%) SMS
2 5 (1.12%) Network Security
3 3 (0.67%) Internet
4 2 (0.45%) DNS
5 1 (0.22%) DSL
5 1 (0.22%) Firewall
Database & Business Intelligence
1 43 (9.62%) SQL Server
2 25 (5.59%) Data Warehouse
3 20 (4.47%) NoSQL
4 19 (4.25%) MongoDB
5 16 (3.58%) Hazelcast
6 15 (3.36%) SQL Server Reporting Services
7 14 (3.13%) Hadoop
8 13 (2.91%) MS Access
9 12 (2.68%) Big Data
10 11 (2.46%) SQL Server Integration Services
11 7 (1.57%) OLAP
11 7 (1.57%) Oracle Database
11 7 (1.57%) Relational Database
11 7 (1.57%) SQL Server 2012
12 6 (1.34%) DB2
12 6 (1.34%) HBase
12 6 (1.34%) OLAP Cube
12 6 (1.34%) SQL Server 2008
12 6 (1.34%) SQL Server 2014
12 6 (1.34%) SQL Server 2016
Development Applications
1 33 (7.38%) JIRA
2 13 (2.91%) Subversion
3 11 (2.46%) Atlassian Bamboo
4 10 (2.24%) Git (software)
5 9 (2.01%) Jenkins
6 8 (1.79%) Cucumber
7 5 (1.12%) ERwin
7 5 (1.12%) Maven
7 5 (1.12%) SonarQube
8 4 (0.89%) MSTest
8 4 (0.89%) Team Foundation Server
9 3 (0.67%) Bitbucket
9 3 (0.67%) TeamCity
10 2 (0.45%) FitNesse
10 2 (0.45%) IntelliJ
10 2 (0.45%) JUnit
10 2 (0.45%) Moq
10 2 (0.45%) NUnit
10 2 (0.45%) Visual Studio
11 1 (0.22%) ReSharper
General
1 247 (55.26%) Finance
2 231 (51.68%) Banking
3 97 (21.70%) Investment Banking
4 83 (18.57%) Front Office
5 37 (8.28%) Retail
6 18 (4.03%) Financial Institution
6 18 (4.03%) Retail Banking
7 14 (3.13%) Marketing
7 14 (3.13%) Retail Finance
8 6 (1.34%) Telecoms
9 5 (1.12%) Back Office
9 5 (1.12%) Legal
10 4 (0.89%) Private Banking
11 3 (0.67%) Corporate Banking
11 3 (0.67%) Games
11 3 (0.67%) Wholesale Banking
12 2 (0.45%) Advertising
12 2 (0.45%) Billing
12 2 (0.45%) Dutch Language
13 1 (0.22%) General Ledger
Job Titles
1 161 (36.02%) Developer
2 151 (33.78%) Analyst
3 96 (21.48%) Risk Analyst
4 77 (17.23%) Credit Analyst
4 77 (17.23%) Credit Risk Analyst
5 74 (16.55%) Business Analyst
6 57 (12.75%) Credit Risk Developer
7 50 (11.19%) Java Developer
8 46 (10.29%) Risk Business Analyst
9 37 (8.28%) C# Developer
10 34 (7.61%) Python Developer
10 34 (7.61%) Senior Developer
11 32 (7.16%) Credit Risk Business Analyst
12 28 (6.26%) Project Manager
13 26 (5.82%) Risk Manager
14 25 (5.59%) Credit Risk Java Developer
15 24 (5.37%) Senior Java Developer
16 22 (4.92%) Banking Analyst
16 22 (4.92%) Qualitative Analyst
16 22 (4.92%) Quantitative Analyst
Libraries, Frameworks & Software Standards
1 35 (7.83%) .NET
2 25 (5.59%) WCF
3 24 (5.37%) WPF
4 21 (4.70%) HTML
5 18 (4.03%) XML
6 15 (3.36%) .NET Framework
6 15 (3.36%) CSS
7 11 (2.46%) Reactive Extensions
7 11 (2.46%) Task Parallel Library
8 8 (1.79%) Boost C++ Libraries
8 8 (1.79%) HTML5
9 7 (1.57%) MDX
10 6 (1.34%) AngularJS
10 6 (1.34%) Kafka
10 6 (1.34%) NumPy
10 6 (1.34%) Pandas
10 6 (1.34%) Web Services
11 5 (1.12%) ASP.NET
11 5 (1.12%) Celery
11 5 (1.12%) Flask
Miscellaneous
1 94 (21.03%) Market Risk
2 58 (12.98%) Analytical Skills
2 58 (12.98%) Derivative
3 30 (6.71%) Fixed Income
4 28 (6.26%) Computer Science
5 21 (4.70%) Enterprise Software
6 20 (4.47%) Foreign Exchange (FX)
7 17 (3.80%) Equities
8 13 (2.91%) Greenfield Project
9 11 (2.46%) Virtual Team
10 10 (2.24%) Grid Computing
11 9 (2.01%) Data Structures
12 8 (1.79%) Management Information System
13 5 (1.12%) OTC Derivatives
14 4 (0.89%) Fintech
15 3 (0.67%) Hedge funds
15 3 (0.67%) Interest Rate Derivative
16 2 (0.45%) e-Learning
16 2 (0.45%) Reference Data
16 2 (0.45%) Wiki
Operating Systems
1 18 (4.03%) Linux
2 15 (3.36%) Unix
3 9 (2.01%) Windows
4 2 (0.45%) CentOS
4 2 (0.45%) Red Hat Enterprise Linux
4 2 (0.45%) SUSE Linux Enterprise Server
5 1 (0.22%) Windows Server
5 1 (0.22%) Windows Server 2008
5 1 (0.22%) Windows Server 2012
Processes & Methodologies
1 105 (23.49%) Agile Software Development
2 81 (18.12%) Risk Management
3 68 (15.21%) Stress Testing
4 61 (13.65%) Stakeholder Management
5 54 (12.08%) Analytics
6 48 (10.74%) Project Management
7 46 (10.29%) Mathematics
8 42 (9.40%) Credit Risk Modelling
9 41 (9.17%) Business Intelligence
10 39 (8.72%) Data Analysis
10 39 (8.72%) Multithreading
11 38 (8.50%) Validation
12 35 (7.83%) Business Analysis
13 33 (7.38%) Data Modelling
14 30 (6.71%) Migration
14 30 (6.71%) Scrum
15 28 (6.26%) Data Management
15 28 (6.26%) SDLC
16 26 (5.82%) Credit Risk Management
17 25 (5.59%) User Acceptance Testing
Programming Languages
1 133 (29.75%) SQL
2 85 (19.02%) Java
3 82 (18.34%) C#
4 67 (14.99%) Python
5 54 (12.08%) C++
6 38 (8.50%) VBA
7 20 (4.47%) T-SQL
8 16 (3.58%) JavaScript
8 16 (3.58%) R
9 13 (2.91%) PHP
10 12 (2.68%) MATLAB
10 12 (2.68%) PL/SQL
11 10 (2.24%) Clojure
11 10 (2.24%) TypeScript
12 7 (1.57%) Shell Script
13 6 (1.34%) C
13 6 (1.34%) Scala
14 4 (0.89%) F#
15 3 (0.67%) Bash Shell
15 3 (0.67%) PowerShell
Qualifications
1 49 (10.96%) Degree
2 13 (2.91%) Computer Science Degree
3 11 (2.46%) Numerate Degree
4 8 (1.79%) PhD
5 6 (1.34%) Master's Degree
6 3 (0.67%) SAS Certification
7 2 (0.45%) ACCA
7 2 (0.45%) ISEB
7 2 (0.45%) Oracle Certification
7 2 (0.45%) PRINCE2 Practitioner
7 2 (0.45%) Security Cleared
8 1 (0.22%) CIMA
8 1 (0.22%) ISTQB
8 1 (0.22%) MCSA
8 1 (0.22%) MCSE
8 1 (0.22%) Microsoft Certification
8 1 (0.22%) Postgraduate
8 1 (0.22%) SC Cleared
Quality Assurance & Compliance
1 31 (6.94%) IFRS
2 24 (5.37%) IFRS 9
3 23 (5.15%) QA
4 19 (4.25%) Data Quality
5 10 (2.24%) Basel II
6 8 (1.79%) Sarbanes-Oxley
7 7 (1.57%) Basel III
7 7 (1.57%) MiFID
8 6 (1.34%) Solvency II
9 5 (1.12%) CRD IV
9 5 (1.12%) Dodd-Frank
9 5 (1.12%) EMIR
9 5 (1.12%) PMO
10 3 (0.67%) COREP
10 3 (0.67%) FATCA
10 3 (0.67%) GDPR
11 2 (0.45%) GCP
12 1 (0.22%) FINREP
12 1 (0.22%) ISO/IEC 27001
System Software
1 3 (0.67%) Apache ZooKeeper
1 3 (0.67%) HDFS
2 2 (0.45%) Virtual Machines
3 1 (0.22%) Active Directory
3 1 (0.22%) Docker
Systems Management
1 7 (1.57%) Control-M
2 3 (0.67%) ITRS Geneos
2 3 (0.67%) Mesos
3 2 (0.45%) Ansible
3 2 (0.45%) Dollar Universe
4 1 (0.22%) CA Service Virtualization
4 1 (0.22%) Single Sign-On
Vendors
1 50 (11.19%) Microsoft
2 35 (7.83%) Oracle
3 16 (3.58%) Cognos
4 11 (2.46%) Informatica
5 8 (1.79%) Murex
6 7 (1.57%) IBM
7 6 (1.34%) Sybase
8 5 (1.12%) Teradata
9 3 (0.67%) Calypso
9 3 (0.67%) Sophis
9 3 (0.67%) Splunk
10 2 (0.45%) Algorithmics
10 2 (0.45%) ServiceNow
10 2 (0.45%) Tableau
10 2 (0.45%) TIBCO
10 2 (0.45%) Typemock
11 1 (0.22%) Bloomberg
11 1 (0.22%) CA
11 1 (0.22%) SAP
11 1 (0.22%) Talend