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 have cited Credit Risk over the 6 months to 8 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 490 541 619
Rank change year-on-year +51 +78 -85
Contract jobs citing Credit Risk 96 152 231
As % of all contract jobs advertised in the UK 0.22% 0.26% 0.26%
As % of the Miscellaneous category 0.73% 0.79% 0.79%
Number of daily rates quoted 56 107 173
10th Percentile £384 £400 £416
25th Percentile £450 £563 £508
Median daily rate (50th Percentile) £563 £658 £660
Median % change year-on-year -14.51% -0.30% +6.67%
75th Percentile £656 £775 £775
90th Percentile £825 £875 £900
UK excluding London median daily rate £550 £400 £500
% change year-on-year +37.50% -20.00% +4.17%

All Generic Skills
UK

Credit Risk is in the General and Transferable 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.

Contract vacancies with a requirement for generic IT skills 13,072 19,334 29,126
As % of all contract IT jobs advertised in the UK 30.32% 33.28% 33.11%
Number of daily rates quoted 8,400 13,272 20,329
10th Percentile £268 £310 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £663 £676 £659
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 900 639 713
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £30.58 £22.49 £27.50
Median % change year-on-year +36.00% -18.24% +4.90%
75th Percentile £61.30 £64.50 £50.00
90th Percentile £70.00 £75.10 £65.95
UK excluding London median hourly rate £28.50 £22.00 £20.07
% change year-on-year +29.55% +9.64% -16.40%

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 8 May 2024.

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 12 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 8 May 2024. 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 +26 82 £575 -12.91% 94
London +28 49 £600 -14.29% 65
UK excluding London +91 45 £550 +37.50% 29
South East +35 29 £575 -8.00% 6
Work from Home +100 21 £558 -10.80% 95
Scotland +50 9 £671 +56.10%
Wales - 3 £412 - 5
South West - 2 £450 -
Yorkshire +27 1 £550 +28.50% 5
North of England +26 1 £550 +37.50% 11
West Midlands +21 1 - - 4
Midlands +16 1 - - 7

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 16 (16.67%) SAS
2 4 (4.17%) Confluence
3 2 (2.08%) SharePoint
Applications
1 5 (5.21%) MS Visio
2 3 (3.13%) Microsoft Excel
2 3 (3.13%) SPSS
3 1 (1.04%) Adobe Illustrator
3 1 (1.04%) Microsoft Office
3 1 (1.04%) Microsoft Project
3 1 (1.04%) Photoshop
Cloud Services
1 22 (22.92%) Snowflake
2 9 (9.38%) AWS
3 5 (5.21%) Amazon S3
3 5 (5.21%) Power Platform
4 4 (4.17%) Amazon EC2
4 4 (4.17%) Amazon EKS
4 4 (4.17%) AWS Lambda
4 4 (4.17%) Serverless
5 3 (3.13%) Azure
5 3 (3.13%) WhatsApp
6 1 (1.04%) Amazon CloudWatch
6 1 (1.04%) Asana
6 1 (1.04%) Azure DevOps
6 1 (1.04%) Figma
6 1 (1.04%) GitHub
6 1 (1.04%) GitHub Actions
Database & Business Intelligence
1 24 (25.00%) Tableau
2 5 (5.21%) Big Data
2 5 (5.21%) Power BI
3 3 (3.13%) Data Mining
3 3 (3.13%) Data Warehouse
4 2 (2.08%) SQL Server
5 1 (1.04%) Apache Hive
5 1 (1.04%) Azure SQL Data Warehouse
5 1 (1.04%) Azure SQL Database
5 1 (1.04%) Hadoop
5 1 (1.04%) Impala
5 1 (1.04%) MySQL
5 1 (1.04%) QlikView
5 1 (1.04%) Relational Database
5 1 (1.04%) SQL Server Integration Services
Development Applications
1 9 (9.38%) JIRA
2 4 (4.17%) Bitbucket
2 4 (4.17%) Git
2 4 (4.17%) Sourcetree
3 1 (1.04%) AppScan
3 1 (1.04%) Axure RP
3 1 (1.04%) Burp Suite
3 1 (1.04%) GitLab
3 1 (1.04%) Jenkins
3 1 (1.04%) SonarQube
General
1 71 (73.96%) Finance
2 31 (32.29%) Analytical Skills
3 25 (26.04%) Banking
4 24 (25.00%) Social Skills
5 22 (22.92%) Legal
6 12 (12.50%) Retail
7 8 (8.33%) Investment Banking
8 7 (7.29%) Wholesale Banking
9 6 (6.25%) Corporate Banking
9 6 (6.25%) Retail Banking
10 4 (4.17%) Influencing Skills
11 3 (3.13%) Financial Institution
11 3 (3.13%) Public Sector
12 2 (2.08%) Electronics
12 2 (2.08%) Manufacturing
12 2 (2.08%) Marketing
12 2 (2.08%) Retail Finance
12 2 (2.08%) Telecoms
13 1 (1.04%) Front Office
Job Titles
1 47 (48.96%) Analyst
2 21 (21.88%) Lead
3 17 (17.71%) Data Analyst
4 12 (12.50%) Lead Data Analyst
5 10 (10.42%) Developer
5 10 (10.42%) Senior
6 8 (8.33%) Credit Analyst
7 7 (7.29%) Business Analyst
7 7 (7.29%) Qualitative Analyst
7 7 (7.29%) Quantitative Analyst
7 7 (7.29%) Risk Analyst
7 7 (7.29%) Risk Manager
8 5 (5.21%) Credit Risk Analyst
8 5 (5.21%) Project Manager
8 5 (5.21%) Risk Business Analyst
8 5 (5.21%) Senior Developer
9 4 (4.17%) Data Modeller
9 4 (4.17%) Java Developer
9 4 (4.17%) Senior Analyst
9 4 (4.17%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 1 (1.04%) AngularJS
1 1 (1.04%) CSS
1 1 (1.04%) Elastic Stack
1 1 (1.04%) HTML
1 1 (1.04%) ODBC
1 1 (1.04%) Shiny
Miscellaneous
1 17 (17.71%) Market Risk
2 4 (4.17%) Mainframe
2 4 (4.17%) Self-Motivation
3 3 (3.13%) Reference Data
4 1 (1.04%) Algorithms
4 1 (1.04%) Blog
4 1 (1.04%) Derivative
4 1 (1.04%) Public Cloud
Operating Systems
1 5 (5.21%) Linux
Processes & Methodologies
1 38 (39.58%) Analytics
2 29 (30.21%) Problem-Solving
3 26 (27.08%) Decision-Making
4 23 (23.96%) Actionable Insight
4 23 (23.96%) Dashboard Development
5 22 (22.92%) Mathematics
6 16 (16.67%) Risk Management
7 15 (15.63%) Stress Testing
8 13 (13.54%) Portfolio Management
9 12 (12.50%) Statistics
10 10 (10.42%) Performance Analysis
10 10 (10.42%) Project Management
11 9 (9.38%) Stakeholder Management
12 8 (8.33%) Credit Risk Analysis
12 8 (8.33%) Financial Modelling
12 8 (8.33%) Risk Analysis
13 7 (7.29%) Business Strategy
13 7 (7.29%) Computer Science
13 7 (7.29%) Credit Risk Modelling
13 7 (7.29%) Data Science
Programming Languages
1 17 (17.71%) Python
2 13 (13.54%) SQL
3 5 (5.21%) R
4 4 (4.17%) Java
4 4 (4.17%) VBA
5 3 (3.13%) C++
5 3 (3.13%) MATLAB
6 1 (1.04%) Bash
6 1 (1.04%) JavaScript
6 1 (1.04%) PowerShell
Qualifications
1 26 (27.08%) Degree
2 7 (7.29%) Computer Science Degree
2 7 (7.29%) Master's Degree
3 5 (5.21%) MBA
4 4 (4.17%) PhD
5 3 (3.13%) CFA
5 3 (3.13%) Postgraduate
6 2 (2.08%) PRINCE2 Certification
Quality Assurance & Compliance
1 10 (10.42%) IFRS
1 10 (10.42%) IFRS 9
2 4 (4.17%) Basel III
3 1 (1.04%) Basel II
3 1 (1.04%) Data Quality
3 1 (1.04%) PMO
3 1 (1.04%) QA
System Software
1 5 (5.21%) Docker
Systems Management
1 1 (1.04%) Ansible
1 1 (1.04%) Grafana
1 1 (1.04%) Graylog
1 1 (1.04%) HP Fortify
1 1 (1.04%) Kubernetes
1 1 (1.04%) Nessus
1 1 (1.04%) Progress Chef
1 1 (1.04%) Prometheus
1 1 (1.04%) Puppet
1 1 (1.04%) Terraform
1 1 (1.04%) WebInspect
Vendors
1 22 (22.92%) Alteryx
2 6 (6.25%) Microsoft
3 4 (4.17%) Oracle
4 2 (2.08%) CA
4 2 (2.08%) SAP
5 1 (1.04%) Adobe
5 1 (1.04%) Checkmarx
5 1 (1.04%) Splunk
5 1 (1.04%) Veracode