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 9 May 2025, comparing them to the same period in the previous two years.

6 months to
9 May 2025
Same period 2024 Same period 2023
Rank 435 494 556
Rank change year-on-year +59 +62 +62
Contract jobs citing Credit Risk 82 96 150
As % of all contract jobs advertised in the UK 0.28% 0.22% 0.26%
As % of the Miscellaneous category 0.83% 0.73% 0.78%
Number of daily rates quoted 52 56 105
10th Percentile £489 £384 £400
25th Percentile £623 £450 £563
Median daily rate (50th Percentile) £700 £563 £650
Median % change year-on-year +24.44% -13.46% -1.52%
75th Percentile £806 £656 £775
90th Percentile £874 £825 £875
UK excluding London median daily rate £650 £550 £400
% change year-on-year +18.18% +37.50% -20.00%

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 9,891 13,078 19,315
As % of all contract IT jobs advertised in the UK 33.90% 30.37% 33.30%
Number of daily rates quoted 6,312 8,413 13,248
10th Percentile £300 £270 £313
25th Percentile £413 £413 £450
Median daily rate (50th Percentile) £525 £540 £550
Median % change year-on-year -2.78% -1.82% -
75th Percentile £650 £663 £678
90th Percentile £775 £800 £800
UK excluding London median daily rate £490 £500 £500
% change year-on-year -2.00% - +5.26%
Number of hourly rates quoted 397 901 636
10th Percentile £16.67 £12.25 £9.80
25th Percentile £20.75 £15.17 £10.63
Median hourly rate £32.50 £31.25 £22.49
Median % change year-on-year +4.00% +38.98% -18.24%
75th Percentile £63.75 £61.30 £64.50
90th Percentile £83.20 £70.00 £75.25
UK excluding London median hourly rate £30.93 £28.50 £22.00
% change year-on-year +8.53% +29.55% +4.76%

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 9 May 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 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 9 May 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 +53 69 £700 +21.74% 184
London +68 53 £750 +25.00% 162
Work from Home +45 25 £688 +23.32% 397
UK excluding London +37 25 £650 +18.18% 62
South East +21 10 £650 +13.04% 33
Scotland +14 7 £373 -44.43% 5
North of England +19 3 £646 +17.45% 8
Yorkshire +12 2 £646 +17.45% 4
Midlands +11 2 £550 - 11
Northern Ireland - 2 £588 - 3
East Midlands - 2 £550 - 8
South West +36 1 £563 +25.00% 2
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 (28.05%) SAS
2 7 (8.54%) Apache Spark
3 2 (2.44%) Apache
3 2 (2.44%) IBM HTTP Server
4 1 (1.22%) Confluence
4 1 (1.22%) SharePoint
Applications
1 12 (14.63%) Microsoft Excel
2 6 (7.32%) Microsoft PowerPoint
3 3 (3.66%) Microsoft Office
4 1 (1.22%) Microsoft Project
Business Applications
1 1 (1.22%) Endur
Cloud Services
1 5 (6.10%) Power Platform
2 3 (3.66%) SaaS
3 2 (2.44%) Apigee
3 2 (2.44%) GCP
4 1 (1.22%) Amazon ECS
4 1 (1.22%) AWS
4 1 (1.22%) Azure
4 1 (1.22%) Azure DevOps
4 1 (1.22%) OpenShift
Database & Business Intelligence
1 6 (7.32%) Apache Hive
1 6 (7.32%) Hadoop
2 5 (6.10%) Power BI
3 4 (4.88%) Big Data
3 4 (4.88%) Looker
4 3 (3.66%) Data Mart
4 3 (3.66%) Data Warehouse
5 2 (2.44%) Data Mining
5 2 (2.44%) MySQL
6 1 (1.22%) Base SAS
6 1 (1.22%) Flink
6 1 (1.22%) Oracle Database
6 1 (1.22%) Oracle ODI
6 1 (1.22%) Presto
6 1 (1.22%) Tableau
Development Applications
1 3 (3.66%) Bitbucket
1 3 (3.66%) Jenkins
1 3 (3.66%) JIRA
1 3 (3.66%) TeamCity
1 3 (3.66%) Xcode
2 2 (2.44%) Ant
General
1 42 (51.22%) Finance
2 36 (43.90%) Banking
3 29 (35.37%) Social Skills
4 18 (21.95%) Analytical Skills
5 8 (9.76%) Front Office
5 8 (9.76%) Investment Banking
6 4 (4.88%) Financial Institution
7 3 (3.66%) Retail
8 2 (2.44%) Legal
8 2 (2.44%) Presentation Skills
8 2 (2.44%) Public Sector
8 2 (2.44%) Retail Banking
9 1 (1.22%) Back Office
9 1 (1.22%) Corporate Banking
9 1 (1.22%) Inclusion and Diversity
9 1 (1.22%) International Banking
9 1 (1.22%) Law
9 1 (1.22%) Retail Finance
Job Titles
1 27 (32.93%) Analyst
2 20 (24.39%) Developer
2 20 (24.39%) Risk Analyst
3 17 (20.73%) Credit Analyst
4 15 (18.29%) Credit Risk Analyst
5 8 (9.76%) Python Developer
6 7 (8.54%) Quantitative Developer
7 5 (6.10%) Business Analyst
7 5 (6.10%) Consultant
7 5 (6.10%) Lead
7 5 (6.10%) Market Risk Developer
7 5 (6.10%) Risk Business Analyst
7 5 (6.10%) Senior
8 4 (4.88%) Credit Risk Developer
8 4 (4.88%) Gen AI Specialist
8 4 (4.88%) Risk Manager
9 3 (3.66%) Credit Risk Manager
9 3 (3.66%) Data Analyst
9 3 (3.66%) Data Modeller
9 3 (3.66%) Senior Analyst
Libraries, Frameworks & Software Standards
1 6 (7.32%) PySpark
1 6 (7.32%) TensorFlow
2 3 (3.66%) AngularJS
2 3 (3.66%) HTML
2 3 (3.66%) HTML5
2 3 (3.66%) RxJS
2 3 (3.66%) SwiftUI
2 3 (3.66%) UIKit
3 2 (2.44%) Kafka
4 1 (1.22%) REST
Miscellaneous
1 19 (23.17%) Market Risk
2 5 (6.10%) Foreign Exchange (FX)
3 4 (4.88%) Algorithms
3 4 (4.88%) Reference Data
4 3 (3.66%) Distributed Computing
4 3 (3.66%) Enterprise Software
4 3 (3.66%) Greenfield Project
4 3 (3.66%) iPad
4 3 (3.66%) iPhone
4 3 (3.66%) Mobile App
4 3 (3.66%) Onboarding
4 3 (3.66%) Product Ownership
4 3 (3.66%) Virtual Team
5 2 (2.44%) Equities
5 2 (2.44%) Fixed Income
5 2 (2.44%) Self-Motivation
6 1 (1.22%) Data Structures
6 1 (1.22%) Management Information System
6 1 (1.22%) Public Cloud
Operating Systems
1 3 (3.66%) Android
1 3 (3.66%) Apple iOS
2 2 (2.44%) Linux
3 1 (1.22%) Windows
Processes & Methodologies
1 34 (41.46%) Analytics
2 26 (31.71%) Credit Risk Management
3 25 (30.49%) Risk Management
4 20 (24.39%) Agile
5 14 (17.07%) Stress Testing
5 14 (17.07%) Validation
6 13 (15.85%) Portfolio Management
6 13 (15.85%) Problem-Solving
7 11 (13.41%) Data Analysis
8 10 (12.20%) Computer Science
8 10 (12.20%) Decision-Making
9 9 (10.98%) Mathematics
9 9 (10.98%) Prototyping
9 9 (10.98%) Rapid Prototyping
10 8 (9.76%) Credit Risk Modelling
11 7 (8.54%) Code Quality
11 7 (8.54%) Customer Experience
11 7 (8.54%) Data Science
11 7 (8.54%) Generative AI
11 7 (8.54%) High Availability
Programming Languages
1 38 (46.34%) SQL
2 30 (36.59%) Python
3 6 (7.32%) C++
4 5 (6.10%) Java
5 4 (4.88%) TypeScript
6 3 (3.66%) Jython
6 3 (3.66%) Objective-C
6 3 (3.66%) Swift
6 3 (3.66%) VBA
7 2 (2.44%) Shell Script
8 1 (1.22%) Bash
8 1 (1.22%) JavaScript
8 1 (1.22%) MATLAB
8 1 (1.22%) PL/SQL
Qualifications
1 14 (17.07%) Degree
2 6 (7.32%) Master's Degree
3 5 (6.10%) PhD
4 4 (4.88%) Computer Science Degree
5 3 (3.66%) Numerate Degree
6 1 (1.22%) ISEB
6 1 (1.22%) PMI Certification
6 1 (1.22%) PMP
6 1 (1.22%) Security Cleared
Quality Assurance & Compliance
1 13 (15.85%) IFRS
1 13 (15.85%) IFRS 9
2 5 (6.10%) Basel II
3 4 (4.88%) Basel III
3 4 (4.88%) Data Quality
4 1 (1.22%) CRD IV
4 1 (1.22%) Dodd-Frank
4 1 (1.22%) EMIR
4 1 (1.22%) QA
System Software
1 1 (1.22%) Docker
1 1 (1.22%) HDFS
Systems Management
1 3 (3.66%) Ansible
2 2 (2.44%) Control-M
3 1 (1.22%) Kubernetes
3 1 (1.22%) Oracle Enterprise Manager
Vendors
1 5 (6.10%) Murex
2 4 (4.88%) Alteryx
3 2 (2.44%) Calypso
3 2 (2.44%) Google
3 2 (2.44%) Microsoft
4 1 (1.22%) Avaloq
4 1 (1.22%) Databricks
4 1 (1.22%) OpenLink
4 1 (1.22%) Oracle