Period
to 15 December 2018

The following table provides summary statistics for permanent job vacancies with a requirement for Credit Risk Management skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Credit Risk Management over the 6 months to 15 December 2018 with a comparison to the same period in the previous 2 years.

Credit Risk Management
UK
6 months to
15 Dec 2018
Same period 2017 Same period 2016
Rank 1111 1146 1199
Rank change year-on-year +35 +53 +67
Permanent jobs citing Credit Risk Management 24 80 33
As % of all permanent IT jobs advertised in the UK 0.015% 0.045% 0.018%
As % of the Processes & Methodologies category 0.017% 0.049% 0.020%
Number of salaries quoted 18 39 31
UK median annual salary £62,750 £75,000 £75,000
Median salary % change year-on-year -16.33% - +57.89%
10th Percentile £40,250 £36,000 £32,000
90th Percentile £92,500 £110,250 £107,500
UK excluding London median annual salary £27,500 £30,000 £34,000
% change year-on-year -8.33% -11.76% -28.42%

Credit Risk Management is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Permanent vacancies with a requirement for process or methodology skills 144,803 164,913 169,137
As % of all permanent IT jobs advertised in the UK 91.59% 91.90% 91.29%
Number of salaries quoted 114,496 131,060 140,287
UK median annual salary £52,500 £50,000 £48,500
Median salary % change year-on-year +5.00% +3.09% +2.11%
10th Percentile £29,750 £28,418 £27,625
90th Percentile £85,000 £80,000 £78,750
UK excluding London median annual salary £45,000 £43,500 £42,500
% change year-on-year +3.45% +2.35% -

Credit Risk Management
Job Vacancy Trend

Job postings citing Credit Risk Management as a percentage of all IT jobs advertised.

Job vacancy trend for Credit Risk Management in the UK

Credit Risk Management
Salary Trend

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

Salary trend for Credit Risk Management in the UK

Credit Risk Management
Salary Histogram

The salary distribution of IT jobs citing Credit Risk Management over the 6 months to 15 December 2018.

Salary histogram for Credit Risk Management in the UK

Credit Risk Management
Top 8 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Credit Risk Management within the UK over the 6 months to 15 December 2018. 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 +14 24 £62,750 -21.56% 5
London -10 18 £85,000 +1.49% 2
UK excluding London +58 6 £27,500 -8.33% 3
Midlands - 4 £47,500 - 2
West Midlands - 3 £47,500 -
North of England +21 2 £27,500 -8.33% 1
Yorkshire - 2 £27,500 -
East Midlands - 1 - - 2

For the 6 months to 15 December 2018, IT jobs citing Credit Risk Management also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads with a requirement for Credit Risk Management.

1 24 (100.00%) Credit Risk
2 22 (91.67%) Risk Management
3 20 (83.33%) Finance
4 16 (66.67%) Degree
5 14 (58.33%) Advertising
5 14 (58.33%) Validation
5 14 (58.33%) Market Risk
5 14 (58.33%) Financial Modelling
6 12 (50.00%) Front Office
6 12 (50.00%) Mathematics
7 10 (41.67%) Physics
7 10 (41.67%) MiFID
7 10 (41.67%) Exotic Derivative
7 10 (41.67%) Equities
7 10 (41.67%) MATLAB
7 10 (41.67%) C#
7 10 (41.67%) C++
7 10 (41.67%) PhD
7 10 (41.67%) Foreign Exchange (FX)
7 10 (41.67%) Stochastic Calculus
7 10 (41.67%) R
7 10 (41.67%) EMIR
7 10 (41.67%) Dodd-Frank
7 10 (41.67%) Master's Degree
8 8 (33.33%) Banking
9 5 (20.83%) SAS
9 5 (20.83%) Analytical Skills
9 5 (20.83%) Basel III
9 5 (20.83%) Decision-Making
10 4 (16.67%) Due Diligence

Credit Risk Management
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 5 (20.83%) SAS
2 3 (12.50%) Apache Spark
Applications
1 4 (16.67%) Microsoft PowerPoint
1 4 (16.67%) Microsoft Project
1 4 (16.67%) MS Visio
Cloud Services
1 1 (4.17%) Amazon AWS
1 1 (4.17%) Microsoft Azure
Database & Business Intelligence
1 4 (16.67%) Hadoop
2 3 (12.50%) Apache Hive
2 3 (12.50%) OLAP
2 3 (12.50%) Oracle OLAP
3 2 (8.33%) SAS Enterprise Guide
3 2 (8.33%) SAS Enterprise Miner
4 1 (4.17%) Big Data
4 1 (4.17%) Data Warehouse
4 1 (4.17%) Impala
4 1 (4.17%) Power BI
4 1 (4.17%) SQL Server Integration Services
General
1 20 (83.33%) Finance
2 14 (58.33%) Advertising
3 12 (50.00%) Front Office
4 8 (33.33%) Banking
5 4 (16.67%) Retail Banking
6 1 (4.17%) Billing
Job Titles
1 16 (66.67%) Analyst
2 10 (41.67%) Qualitative Analyst
2 10 (41.67%) Quantitative Analyst
3 8 (33.33%) Senior Analyst
3 8 (33.33%) Senior Quantitative Analyst
4 4 (16.67%) Business Analyst
5 3 (12.50%) Java Team Leader
5 3 (12.50%) Team Leader
6 2 (8.33%) Credit Analyst
6 2 (8.33%) Credit Risk Analyst
6 2 (8.33%) Credit Risk Manager
6 2 (8.33%) Portfolio Manager
6 2 (8.33%) Risk Analyst
6 2 (8.33%) Risk Manager
7 1 (4.17%) Business Intelligence Developer
7 1 (4.17%) Credit Risk Developer
7 1 (4.17%) SAS Analyst
7 1 (4.17%) SAS Architect
7 1 (4.17%) SAS Credit Risk Analyst
7 1 (4.17%) SAS Risk Analyst
Libraries, Frameworks & Software Standards
1 3 (12.50%) HTML
1 3 (12.50%) HTML5
1 3 (12.50%) Kafka
1 3 (12.50%) MDX
1 3 (12.50%) Middleware
1 3 (12.50%) REST
Miscellaneous
1 24 (100.00%) Credit Risk
2 14 (58.33%) Market Risk
3 10 (41.67%) Equities
3 10 (41.67%) Exotic Derivative
3 10 (41.67%) Foreign Exchange (FX)
4 5 (20.83%) Analytical Skills
5 4 (16.67%) Mainframe
6 1 (4.17%) Greenfield Project
Processes & Methodologies
1 22 (91.67%) Risk Management
2 14 (58.33%) Financial Modelling
2 14 (58.33%) Validation
3 12 (50.00%) Mathematics
4 10 (41.67%) Physics
4 10 (41.67%) Stochastic Calculus
5 5 (20.83%) Decision-Making
6 4 (16.67%) Anti-Money Laundering
6 4 (16.67%) Client Onboarding
6 4 (16.67%) Conflict Management
6 4 (16.67%) Data Validation
6 4 (16.67%) Due Diligence
6 4 (16.67%) Financial Analysis
6 4 (16.67%) KYC
6 4 (16.67%) Post-Production
6 4 (16.67%) Scenario Testing
6 4 (16.67%) Scorecard
6 4 (16.67%) Test Scripting
6 4 (16.67%) Use Case
6 4 (16.67%) User Acceptance Testing
Programming Languages
1 10 (41.67%) C#
1 10 (41.67%) C++
1 10 (41.67%) MATLAB
1 10 (41.67%) R
2 3 (12.50%) Java
2 3 (12.50%) SQL
2 3 (12.50%) XMLA
Qualifications
1 16 (66.67%) Degree
2 10 (41.67%) Master's Degree
2 10 (41.67%) PhD
3 4 (16.67%) CFA
Quality Assurance & Compliance
1 10 (41.67%) Dodd-Frank
1 10 (41.67%) EMIR
1 10 (41.67%) MiFID
2 5 (20.83%) Basel III
3 4 (16.67%) Data Quality
4 1 (4.17%) COREP
4 1 (4.17%) CRD IV
4 1 (4.17%) QA
Vendors
1 4 (16.67%) Microsoft
2 3 (12.50%) Oracle
3 1 (4.17%) Ab Initio