Period
to 10 August 2020

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 10 August 2020 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
10 Aug 2020
Same period 2019 Same period 2018
Rank 446 673 590
Rank change year-on-year +227 -83 -96
Contract jobs citing Credit Risk 104 179 315
As % of all contract jobs advertised in the UK 0.30% 0.20% 0.30%
As % of the Miscellaneous category 0.89% 0.61% 0.94%
Number of daily rates quoted 75 120 224
Median daily rate £533 £600 £575
Median daily rate % change year-on-year -11.25% +4.35% +9.52%
10th Percentile £389 £400 £363
90th Percentile £783 £768 £700
UK excluding London median daily rate £289 £463 £400
% change year-on-year -37.51% +15.63% -2.74%
Number of hourly rates quoted 2 0 0
Median hourly rate £35.00 - -
UK excluding London median hourly rate £35.00 - -

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 11,738 29,119 33,623
As % of all contract IT jobs advertised in the UK 33.52% 31.74% 32.51%
Number of daily rates quoted 7,345 18,575 21,643
Median daily rate £482 £475 £463
Median daily rate % change year-on-year +1.47% +2.70% +2.78%
10th Percentile £263 £275 £275
90th Percentile £713 £670 £656
UK excluding London median daily rate £425 £425 £413
% change year-on-year - +3.03% +3.13%
Number of hourly rates quoted 541 1,073 1,051
Median hourly rate £31.61 £21.00 £21.25
Median hourly rate % change year-on-year +50.52% -1.18% +6.25%
10th Percentile £12.98 £11.63 £12.00
90th Percentile £52.50 £53.40 £50.25
Median hourly rate £24.70 £19.03 £20.00
% change year-on-year +29.80% -4.85% +5.26%

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 10 August 2020.

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 10 August 2020. 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 +229 96 £513 -14.58% 17
London +152 83 £533 -11.25% 7
UK excluding London +219 16 £289 -37.51% 10
Work from Home -8 11 £613 +11.36%
North of England +115 9 £289 -39.16%
North West +87 8 £289 -27.75%
Midlands +98 4 - - 8
East Midlands +62 4 - - 8
Scotland +76 3 - -
North East +37 1 - -
South West - 1 - -

For the 6 months to 10 August 2020, 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 74 (71.15%) Finance
2 60 (57.69%) Banking
3 57 (54.81%) SQL
4 35 (33.65%) Investment Banking
5 31 (29.81%) Agile Software Development
6 30 (28.85%) Java
7 21 (20.19%) SQL Server
8 20 (19.23%) Python
8 20 (19.23%) Front Office
8 20 (19.23%) SDLC
9 19 (18.27%) Analytics
9 19 (18.27%) Data Modelling
9 19 (18.27%) Foreign Exchange (FX)
9 19 (18.27%) Spring
10 17 (16.35%) Risk Management
10 17 (16.35%) .NET
11 16 (15.38%) Analytical Skills
12 15 (14.42%) Big Data
12 15 (14.42%) Hibernate
12 15 (14.42%) Continuous Integration
13 14 (13.46%) Multithreading
13 14 (13.46%) Market Risk
13 14 (13.46%) Apache Hive
13 14 (13.46%) ETL
13 14 (13.46%) Jenkins
14 13 (12.50%) Apache Spark
14 13 (12.50%) C#
14 13 (12.50%) Git (software)
14 13 (12.50%) AWS
14 13 (12.50%) Hadoop

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 13 (12.50%) Apache Spark
2 6 (5.77%) SAS
3 4 (3.85%) Apache
3 4 (3.85%) Apache Pig
4 3 (2.88%) Elasticsearch
4 3 (2.88%) Tornado
5 2 (1.92%) Confluence
5 2 (1.92%) Tomcat
6 1 (0.96%) Cloud Foundry
6 1 (0.96%) GlassFish
6 1 (0.96%) IBM HTTP Server
6 1 (0.96%) IIS
6 1 (0.96%) WebSphere
6 1 (0.96%) WebSphere Application Server
Applications
1 8 (7.69%) Microsoft Excel
2 2 (1.92%) Adobe Illustrator
3 1 (0.96%) Microsoft Office
3 1 (0.96%) Microsoft PowerPoint
3 1 (0.96%) MS Visio
Business Applications
1 5 (4.81%) Distributed Ledger
2 2 (1.92%) Markit EDM
2 2 (1.92%) PolarLake
2 2 (1.92%) SAP FSCM
2 2 (1.92%) SAP S/4HANA
3 1 (0.96%) Front Arena
3 1 (0.96%) SAP SD
Cloud Services
1 13 (12.50%) AWS
2 5 (4.81%) GCP
3 3 (2.88%) Azure
4 2 (1.92%) IaaS
4 2 (1.92%) PaaS
4 2 (1.92%) Power Platform
5 1 (0.96%) Google Analytics
Communications & Networking
1 1 (0.96%) FTP
1 1 (0.96%) Intranet
1 1 (0.96%) PuTTY
Database & Business Intelligence
1 21 (20.19%) SQL Server
2 15 (14.42%) Big Data
3 14 (13.46%) Apache Hive
4 13 (12.50%) Hadoop
5 11 (10.58%) SQL Server Integration Services
6 7 (6.73%) Relational Database
7 6 (5.77%) SQL Server Reporting Services
8 5 (4.81%) HBase
8 5 (4.81%) Impala
8 5 (4.81%) SQL Server Analysis Services
9 4 (3.85%) Parquet
9 4 (3.85%) QlikView
10 3 (2.88%) Data Warehouse
11 2 (1.92%) Oracle Database
11 2 (1.92%) Power BI
12 1 (0.96%) Biml
12 1 (0.96%) Cognos Framework Manager
12 1 (0.96%) Data Lake
12 1 (0.96%) Mixpanel
12 1 (0.96%) SQL Server 2016
Development Applications
1 14 (13.46%) Jenkins
2 13 (12.50%) Git (software)
3 11 (10.58%) Maven
4 10 (9.62%) JUnit
5 9 (8.65%) Subversion
6 8 (7.69%) FitNesse
7 5 (4.81%) JIRA
8 3 (2.88%) GitLab
8 3 (2.88%) Hudson
8 3 (2.88%) ProC
9 2 (1.92%) Axure RP
10 1 (0.96%) Ant
10 1 (0.96%) Liquibase
10 1 (0.96%) MSBuild
10 1 (0.96%) Zephyr
General
1 74 (71.15%) Finance
2 60 (57.69%) Banking
3 35 (33.65%) Investment Banking
4 20 (19.23%) Front Office
5 9 (8.65%) Back Office
6 7 (6.73%) Legal
6 7 (6.73%) Retail
7 4 (3.85%) Marketing
8 3 (2.88%) Retail Banking
9 2 (1.92%) Advertising
9 2 (1.92%) Billing
9 2 (1.92%) Financial Institution
10 1 (0.96%) International Banking
10 1 (0.96%) Manufacturing
10 1 (0.96%) Pharmaceutical
10 1 (0.96%) Social Science
10 1 (0.96%) Telecoms
10 1 (0.96%) Wholesale Banking
Job Titles
1 43 (41.35%) Developer
2 28 (26.92%) Analyst
3 18 (17.31%) Business Analyst
4 16 (15.38%) Java Developer
5 10 (9.62%) Credit Analyst
6 9 (8.65%) Credit Risk Analyst
6 9 (8.65%) Risk Analyst
7 7 (6.73%) Data Engineer
8 6 (5.77%) Architect
8 6 (5.77%) Technical Analyst
9 5 (4.81%) Credit Risk Business Analyst
9 5 (4.81%) Credit Risk Developer
9 5 (4.81%) Risk Business Analyst
10 4 (3.85%) Compliance Manager
10 4 (3.85%) SQL Developer
10 4 (3.85%) Technical Business Analyst
11 3 (2.88%) C# Developer
11 3 (2.88%) Consultant
11 3 (2.88%) Designer
11 3 (2.88%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 19 (18.27%) Spring
2 17 (16.35%) .NET
3 15 (14.42%) Hibernate
4 9 (8.65%) JMS
5 8 (7.69%) Ext JS
5 8 (7.69%) Spring Batch
6 7 (6.73%) ASP.NET
6 7 (6.73%) ASP.NET MVC
6 7 (6.73%) J2SE
6 7 (6.73%) Middleware
7 6 (5.77%) CSS
7 6 (5.77%) HTML
7 6 (5.77%) JSON
8 5 (4.81%) PySpark
8 5 (4.81%) Smart Contracts
9 4 (3.85%) Anaconda
9 4 (3.85%) Apache Avro
9 4 (3.85%) HTML5
9 4 (3.85%) jQuery
9 4 (3.85%) Kafka
Miscellaneous
1 19 (18.27%) Foreign Exchange (FX)
2 16 (15.38%) Analytical Skills
3 14 (13.46%) Market Risk
4 12 (11.54%) Fixed Income
5 11 (10.58%) Derivative
6 4 (3.85%) Equities
6 4 (3.85%) Management Information System
7 3 (2.88%) Interest Rate Derivative
7 3 (2.88%) Reference Data
8 2 (1.92%) Credit Derivative
8 2 (1.92%) Greenfield Project
8 2 (1.92%) Hybrid Cloud
8 2 (1.92%) User Experience
8 2 (1.92%) Virtual Team
9 1 (0.96%) Data Structures
9 1 (0.96%) Mobile App
9 1 (0.96%) Self-Motivation
Operating Systems
1 3 (2.88%) Unix
2 2 (1.92%) Linux
Processes & Methodologies
1 31 (29.81%) Agile Software Development
2 20 (19.23%) SDLC
3 19 (18.27%) Analytics
3 19 (18.27%) Data Modelling
4 17 (16.35%) Risk Management
5 15 (14.42%) Continuous Integration
6 14 (13.46%) ETL
6 14 (13.46%) Multithreading
7 13 (12.50%) Data Analysis
8 11 (10.58%) Business Intelligence
8 11 (10.58%) Economics
8 11 (10.58%) TDD
9 9 (8.65%) Asset Management
9 9 (8.65%) Mathematics
9 9 (8.65%) Requirements Gathering
9 9 (8.65%) Technical Analysis
10 8 (7.69%) Dependency Management
10 8 (7.69%) Low Latency
10 8 (7.69%) Problem-Solving
10 8 (7.69%) Thought Leadership
Programming Languages
1 57 (54.81%) SQL
2 30 (28.85%) Java
3 20 (19.23%) Python
4 13 (12.50%) C#
5 9 (8.65%) VBA
6 7 (6.73%) T-SQL
7 6 (5.77%) Scala
8 4 (3.85%) PL/SQL
8 4 (3.85%) VB
9 3 (2.88%) C++
9 3 (2.88%) Java 8
9 3 (2.88%) JavaScript
9 3 (2.88%) Shell Script
10 2 (1.92%) R
11 1 (0.96%) Data Analysis Expressions (DAX)
11 1 (0.96%) XPath
Qualifications
1 12 (11.54%) Degree
2 4 (3.85%) CCA
2 4 (3.85%) SC Cleared
2 4 (3.85%) Security Cleared
3 1 (0.96%) Computer Science Degree
3 1 (0.96%) Master's Degree
3 1 (0.96%) OCPJP
3 1 (0.96%) Sun Certification
3 1 (0.96%) TOGAF Certification
Quality Assurance & Compliance
1 8 (7.69%) CRD IV
2 7 (6.73%) Basel II
2 7 (6.73%) Basel III
3 6 (5.77%) Data Quality
4 3 (2.88%) IFRS
4 3 (2.88%) IFRS 9
5 2 (1.92%) QA
6 1 (0.96%) COREP
6 1 (0.96%) EMIR
6 1 (0.96%) GDPR
6 1 (0.96%) Sarbanes-Oxley
6 1 (0.96%) SLA
System Software
1 1 (0.96%) Apache ZooKeeper
1 1 (0.96%) HDFS
Systems Management
1 4 (3.85%) Ansible
2 3 (2.88%) Control-M
3 1 (0.96%) Hadoop YARN
3 1 (0.96%) Tivoli
Vendors
1 9 (8.65%) Cloudera
2 7 (6.73%) Terracotta
3 6 (5.77%) Google
3 6 (5.77%) Oracle
4 5 (4.81%) Hortonworks
4 5 (4.81%) Tableau
4 5 (4.81%) Teradata
5 4 (3.85%) Cognos
5 4 (3.85%) MapR
6 3 (2.88%) Microsoft
7 2 (1.92%) Bloomberg
7 2 (1.92%) CA Agile Central
7 2 (1.92%) Murex
7 2 (1.92%) SAP
8 1 (0.96%) Ab Initio
8 1 (0.96%) DevExpress
8 1 (0.96%) DocuSign
8 1 (0.96%) Informatica
8 1 (0.96%) MicroStrategy
8 1 (0.96%) Sybase