Period
to 20 November 2017

The table below looks at the prevalence of the term Credit Risk in permanent job vacancies advertised in the City of London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Credit Risk over the 6 months to 20 November 2017 with a comparison to the same period over the previous 2 years.

Credit Risk
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 252 263 339
Rank change year-on-year +11 +76 -1
Permanent jobs citing Credit Risk 68 82 77
As % of all permanent IT jobs advertised in the City of London 0.67% 0.71% 0.45%
As % of the Miscellaneous category 1.41% 1.52% 0.97%
Number of salaries quoted 63 75 61
City of London median annual salary £100,000 £62,500 £57,500
Median salary % change year-on-year +60.00% +8.70% -11.54%
10th Percentile £51,500 £37,500 £38,250
90th Percentile £105,000 £100,000 £97,500
Central London median annual salary £95,000 £62,500 £57,500
% change year-on-year +52.00% +8.70% -11.54%

Credit Risk is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Permanent vacancies with a requirement for generic IT skills 4815 5402 7938
As % of all permanent IT jobs advertised in the City of London 47.17% 46.84% 46.32%
Number of salaries quoted 4297 4910 6657
City of London median annual salary £60,000 £58,500 £57,500
Median salary % change year-on-year +2.56% +1.74% +4.55%
10th Percentile £33,750 £33,750 £32,500
90th Percentile £96,250 £90,000 £90,000
Central London median annual salary £60,000 £57,500 £57,500
% change year-on-year +4.35% - +4.55%

Credit Risk
Job Vacancy Trend in the City of London

Job postings citing Credit Risk as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Credit Risk in the City of London

Credit Risk
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Credit Risk in the City of London.

Salary trend for Credit Risk in the City of London

Credit Risk
Salary Histogram in the City of London

The salary distribution of IT jobs citing Credit Risk in the City of London over the 6 months to 20 November 2017.

Salary histogram for Credit Risk in the City of London

For the 6 months to 20 November 2017, IT 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 job ads across the City of London region with a requirement for Credit Risk.

1 61 (89.71%) Finance
2 43 (63.24%) Banking
3 41 (60.29%) Market Risk
4 39 (57.35%) SQL
5 36 (52.94%) Java
6 25 (36.76%) Front Office
7 22 (32.35%) Computer Science
8 17 (25.00%) Mathematics
9 16 (23.53%) R
9 16 (23.53%) C#
10 15 (22.06%) MATLAB
11 14 (20.59%) Risk Management
12 12 (17.65%) Validation
13 11 (16.18%) Degree
13 11 (16.18%) MiFID
13 11 (16.18%) Financial Modelling
13 11 (16.18%) Stochastic Calculus
13 11 (16.18%) Foreign Exchange (FX)
13 11 (16.18%) C++
13 11 (16.18%) Credit Risk Management
14 10 (14.71%) Advertising
14 10 (14.71%) Multithreading
14 10 (14.71%) Investment Banking
15 9 (13.24%) Spring
15 9 (13.24%) JMS
15 9 (13.24%) EMIR
15 9 (13.24%) Dodd-Frank
16 8 (11.76%) Master's Degree
16 8 (11.76%) Physics
17 7 (10.29%) Derivative

Credit Risk
Co-occurring IT Skills in the City of London 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 7 (10.29%) GemFire
1 7 (10.29%) SAS
2 6 (8.82%) Apache Spark
3 3 (4.41%) WebSphere
Applications
1 4 (5.88%) Microsoft Excel
2 3 (4.41%) Microsoft Office
Business Applications
1 1 (1.47%) Summit
Communications & Networking
1 3 (4.41%) HTTP
Database & Business Intelligence
1 7 (10.29%) SQL Server
2 6 (8.82%) Hadoop
2 6 (8.82%) Relational Database
3 3 (4.41%) Big Data
3 3 (4.41%) NoSQL
4 1 (1.47%) Hazelcast
4 1 (1.47%) OLAP
4 1 (1.47%) OLAP Cube
Development Applications
1 6 (8.82%) Maven
2 3 (4.41%) Git (software)
General
1 61 (89.71%) Finance
2 43 (63.24%) Banking
3 25 (36.76%) Front Office
4 10 (14.71%) Advertising
4 10 (14.71%) Investment Banking
5 2 (2.94%) Retail
5 2 (2.94%) Retail Banking
6 1 (1.47%) Financial Institution
6 1 (1.47%) Legal
6 1 (1.47%) Marketing
Job Titles
1 36 (52.94%) Developer
2 30 (44.12%) Java Developer
3 25 (36.76%) Analyst
4 23 (33.82%) Credit Risk Developer
4 23 (33.82%) Credit Risk Java Developer
5 22 (32.35%) Senior Developer
5 22 (32.35%) Senior Java Developer
6 21 (30.88%) Senior Credit Risk Java Developer
7 20 (29.41%) Market Risk Developer
7 20 (29.41%) Market Risk Java Developer
7 20 (29.41%) Senior Market Risk Java Developer
8 12 (17.65%) Risk Analyst
9 11 (16.18%) Credit Analyst
9 11 (16.18%) Qualitative Analyst
9 11 (16.18%) Quantitative Analyst
10 10 (14.71%) Credit Risk Analyst
11 8 (11.76%) Business Analyst
12 7 (10.29%) Risk Business Analyst
12 7 (10.29%) Senior Analyst
12 7 (10.29%) Senior Risk Analyst
Libraries, Frameworks & Software Standards
1 9 (13.24%) JMS
1 9 (13.24%) Spring
2 6 (8.82%) REST
3 3 (4.41%) .NET
3 3 (4.41%) .NET Framework
3 3 (4.41%) AngularJS
3 3 (4.41%) HTML
3 3 (4.41%) HTML5
3 3 (4.41%) Middleware
3 3 (4.41%) RESTful
3 3 (4.41%) Web Services
3 3 (4.41%) WebSphere MQ
3 3 (4.41%) WPF
3 3 (4.41%) XML
4 2 (2.94%) ActiveMQ
4 2 (2.94%) DOM
4 2 (2.94%) SAX
4 2 (2.94%) Spring Batch
5 1 (1.47%) IBM Integration Bus
5 1 (1.47%) Java EE
Miscellaneous
1 41 (60.29%) Market Risk
2 22 (32.35%) Computer Science
3 11 (16.18%) Foreign Exchange (FX)
4 7 (10.29%) Derivative
5 6 (8.82%) Analytical Skills
5 6 (8.82%) Fintech
6 2 (2.94%) Algorithms
6 2 (2.94%) Equities
6 2 (2.94%) Fixed Income
6 2 (2.94%) Hedge funds
7 1 (1.47%) Enterprise Software
7 1 (1.47%) Mainframe
7 1 (1.47%) Management Information System
Operating Systems
1 6 (8.82%) Linux
2 3 (4.41%) Windows
Processes & Methodologies
1 17 (25.00%) Mathematics
2 14 (20.59%) Risk Management
3 12 (17.65%) Validation
4 11 (16.18%) Credit Risk Management
4 11 (16.18%) Financial Modelling
4 11 (16.18%) Stochastic Calculus
5 10 (14.71%) Multithreading
6 8 (11.76%) Physics
7 6 (8.82%) Analytics
7 6 (8.82%) Performance Optimisation
7 6 (8.82%) SOA
7 6 (8.82%) Stakeholder Management
8 5 (7.35%) Agile Software Development
9 4 (5.88%) Quality Management
9 4 (5.88%) Use Case
10 3 (4.41%) DNA
10 3 (4.41%) E-Commerce
10 3 (4.41%) Open Source
10 3 (4.41%) Project Management
10 3 (4.41%) Scrum
Programming Languages
1 39 (57.35%) SQL
2 36 (52.94%) Java
3 16 (23.53%) C#
3 16 (23.53%) R
4 15 (22.06%) MATLAB
5 11 (16.18%) C++
6 4 (5.88%) Python
6 4 (5.88%) VB
7 3 (4.41%) Scala
7 3 (4.41%) VBA
8 2 (2.94%) XPath
Qualifications
1 11 (16.18%) Degree
2 8 (11.76%) Master's Degree
3 2 (2.94%) Computer Science Degree
3 2 (2.94%) Numerate Degree
3 2 (2.94%) PhD
Quality Assurance & Compliance
1 11 (16.18%) MiFID
2 9 (13.24%) Dodd-Frank
2 9 (13.24%) EMIR
3 5 (7.35%) Basel III
4 2 (2.94%) IFRS
4 2 (2.94%) IFRS 9
5 1 (1.47%) Data Quality
Vendors
1 3 (4.41%) DevExpress
1 3 (4.41%) Microsoft
2 2 (2.94%) Capita
3 1 (1.47%) IBM
3 1 (1.47%) Teradata