Period
to 24 November 2017

The median annual salary for a Credit Analyst was £60,000 in advertised job vacancies during the 6 months to 24 November 2017.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Credit Analyst
UK
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 1024 1126 1173
Rank change year-on-year +102 +47 -28
Permanent jobs requiring a Credit Analyst 187 96 150
As % of all permanent IT jobs advertised in the UK 0.10% 0.051% 0.069%
As % of the Job Titles category 0.11% 0.053% 0.071%
Number of salaries quoted 89 84 113
UK median annual salary £60,000 £55,000 £55,000
Median salary % change year-on-year +9.09% - -4.35%
10th Percentile £28,300 £32,150 £32,500
90th Percentile £102,750 £82,500 £79,000
UK excluding London median annual salary £40,000 £37,500 £40,000
% change year-on-year +6.67% -6.25% +6.67%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 172577 182568 211044
% of permanent IT jobs with a recognized job title 95.80% 96.48% 96.46%
Number of salaries quoted 138473 152713 175380
UK median annual salary £48,500 £47,500 £45,000
Median salary % change year-on-year +2.11% +5.56% -
10th Percentile £27,500 £27,000 £26,250
90th Percentile £78,750 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £41,000
% change year-on-year - +3.66% +2.50%

Credit Analyst
Job Vacancy Trend

Job postings that featured Credit Analyst in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Credit Analyst in the UK

Credit Analyst
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Credit Analyst.

Salary trend for Credit Analyst in the UK

Credit Analyst
Salary Histogram

The salary distribution of IT jobs citing Credit Analyst over the 6 months to 24 November 2017.

Salary histogram for Credit Analyst in the UK

Credit Analyst
Top 12 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Credit Analyst within the UK over the 6 months to 24 November 2017. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +129 179 £60,000 +9.09% 9
London +86 144 £65,000 +4.00% 6
UK excluding London +59 42 £40,000 +6.67% 3
North of England +23 16 £40,000 +17.65% 3
Midlands +37 15 £30,000 -20.00%
East Midlands - 13 £30,000 -
North West -14 9 £43,750 +9.38% 1
Yorkshire +30 7 £35,000 +2.94% 2
Scotland -4 5 £45,000 +28.57%
South East +49 4 £39,000 +4.00%
Wales +21 2 £41,250 +17.86%
West Midlands +8 2 £62,500 +66.67%

Credit Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 24 November 2017, Credit Analyst job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads featuring Credit Analyst in the job title.

1 140 (74.87%) Finance
2 131 (70.05%) Banking
3 122 (65.24%) SQL
4 110 (58.82%) Analytical Skills
5 106 (56.68%) Investment Banking
6 101 (54.01%) Credit Risk
7 94 (50.27%) Foreign Exchange (FX)
8 93 (49.73%) Retail Banking
9 84 (44.92%) Wealth Management
10 83 (44.39%) Asset Management
11 64 (34.22%) Front Office
12 58 (31.02%) Process Improvement
13 55 (29.41%) Analytics
14 54 (28.88%) Unix
15 53 (28.34%) Windows
15 53 (28.34%) ITIL
15 53 (28.34%) ION Trading
16 51 (27.27%) ION MarketView
17 45 (24.06%) Microsoft Excel
17 45 (24.06%) Equities
18 41 (21.93%) Project Management
18 41 (21.93%) Derivative
19 40 (21.39%) Business Analysis
20 36 (19.25%) JIRA
21 35 (18.72%) Microsoft
21 35 (18.72%) Risk Analytics
21 35 (18.72%) Credit Risk Analytics
22 34 (18.18%) OTC Derivatives
22 34 (18.18%) Basel III
22 34 (18.18%) SDLC

Credit Analyst Skill Set
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 27 (14.44%) SAS
2 2 (1.07%) CMS
Applications
1 45 (24.06%) Microsoft Excel
2 3 (1.60%) Microsoft PowerPoint
3 2 (1.07%) Microsoft Office
Business Applications
1 51 (27.27%) ION MarketView
2 1 (0.53%) Summit
2 1 (0.53%) VisionPLUS
Cloud Services
1 3 (1.60%) Microsoft Azure
Communications & Networking
1 1 (0.53%) SMS
Database & Business Intelligence
1 7 (3.74%) Base SAS
2 4 (2.14%) BusinessObjects
2 4 (2.14%) Data Warehouse
3 3 (1.60%) Power BI
3 3 (1.60%) QlikView
3 3 (1.60%) SQL Server
4 1 (0.53%) Big Data
4 1 (0.53%) Data Mining
4 1 (0.53%) PowerPivot
4 1 (0.53%) SAS Enterprise Guide
4 1 (0.53%) SQL Server 2014
4 1 (0.53%) SQL Server 2016
4 1 (0.53%) Yellowfin
Development Applications
1 36 (19.25%) JIRA
2 1 (0.53%) SoapUI
2 1 (0.53%) TestDirector
General
1 140 (74.87%) Finance
2 131 (70.05%) Banking
3 106 (56.68%) Investment Banking
4 93 (49.73%) Retail Banking
5 64 (34.22%) Front Office
6 8 (4.28%) Retail
7 6 (3.21%) International Banking
7 6 (3.21%) Marketing
8 2 (1.07%) Legal
9 1 (0.53%) Corporate Banking
9 1 (0.53%) Financial Institution
9 1 (0.53%) Manufacturing
9 1 (0.53%) Retail Finance
Libraries, Frameworks & Software Standards
1 7 (3.74%) Middleware
2 2 (1.07%) FIX Protocol
3 1 (0.53%) SOAP
Miscellaneous
1 110 (58.82%) Analytical Skills
2 101 (54.01%) Credit Risk
3 94 (50.27%) Foreign Exchange (FX)
4 45 (24.06%) Equities
5 41 (21.93%) Derivative
6 34 (18.18%) OTC Derivatives
7 11 (5.88%) Fintech
8 8 (4.28%) Fixed Income
9 7 (3.74%) Hedge funds
9 7 (3.74%) Market Risk
10 4 (2.14%) Virtual Team
11 2 (1.07%) Algorithms
11 2 (1.07%) Computer Science
11 2 (1.07%) Credit Derivative
12 1 (0.53%) User Experience
Operating Systems
1 54 (28.88%) Unix
2 53 (28.34%) Windows
Processes & Methodologies
1 84 (44.92%) Wealth Management
2 83 (44.39%) Asset Management
3 58 (31.02%) Process Improvement
4 55 (29.41%) Analytics
5 53 (28.34%) ITIL
6 41 (21.93%) Project Management
7 40 (21.39%) Business Analysis
8 35 (18.72%) Credit Risk Analytics
8 35 (18.72%) Risk Analytics
9 34 (18.18%) SDLC
10 26 (13.90%) Mathematics
11 20 (10.70%) Data Analysis
11 20 (10.70%) Risk Management
12 13 (6.95%) Stakeholder Management
12 13 (6.95%) Validation
13 12 (6.42%) Agile Software Development
13 12 (6.42%) Financial Modelling
13 12 (6.42%) Statistical Analysis
14 9 (4.81%) User Acceptance Testing
15 8 (4.28%) Stress Testing
Programming Languages
1 122 (65.24%) SQL
2 17 (9.09%) R
3 12 (6.42%) VBA
4 11 (5.88%) MATLAB
5 9 (4.81%) Java
6 8 (4.28%) C++
6 8 (4.28%) Python
7 7 (3.74%) C#
8 3 (1.60%) T-SQL
9 2 (1.07%) Scala
9 2 (1.07%) VB
10 1 (0.53%) Bash Shell
10 1 (0.53%) Perl
Qualifications
1 11 (5.88%) Degree
2 6 (3.21%) SAS Certification
3 3 (1.60%) Numerate Degree
3 3 (1.60%) PhD
4 2 (1.07%) Computer Science Degree
5 1 (0.53%) CFA
5 1 (0.53%) Postgraduate
Quality Assurance & Compliance
1 34 (18.18%) Basel III
2 3 (1.60%) IFRS
2 3 (1.60%) IFRS 9
3 2 (1.07%) Basel II
4 1 (0.53%) Data Quality
4 1 (0.53%) QA
Systems Management
1 2 (1.07%) HP Quality Center
Vendors
1 53 (28.34%) ION Trading
2 35 (18.72%) Microsoft
3 4 (2.14%) NETSOL
4 3 (1.60%) Tableau
5 2 (1.07%) Bloomberg
5 2 (1.07%) Tradeweb
6 1 (0.53%) MicroStrategy
6 1 (0.53%) Oracle