Period
to

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 14 August 2022 with a comparison to the same period in the previous 2 years.

Credit Risk Management
UK
6 months to
14 Aug 2022
Same period 2021 Same period 2020
Rank 1180 999 766
Rank change year-on-year -181 -233 +323
Permanent jobs citing Credit Risk Management 36 10 3
As % of all permanent jobs advertised in the UK 0.021% 0.009% 0.005%
As % of the Processes & Methodologies category 0.022% 0.009% 0.005%
Number of salaries quoted 15 6 3
10th Percentile £43,307 - £62,000
25th Percentile £74,375 £49,500 £65,000
Median annual salary (50th Percentile) £103,986 £52,000 £75,000
Median % change year-on-year +99.97% -30.67% -6.25%
75th Percentile £109,763 £99,875 £95,000
90th Percentile - £115,000 £104,000
UK excluding London median annual salary £103,986 £52,000 £85,000
% change year-on-year +99.97% -38.82% +13.33%

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 160,513 108,806 57,948
As % of all permanent IT jobs advertised in the UK 95.75% 94.08% 93.13%
Number of salaries quoted 83,436 73,662 47,052
10th Percentile £34,211 £32,500 £32,500
25th Percentile £45,000 £42,500 £41,250
Median annual salary (50th Percentile) £60,000 £55,750 £55,000
Median % change year-on-year +7.62% +1.36% +4.76%
75th Percentile £80,000 £75,000 £73,750
90th Percentile £97,290 £92,500 £90,000
UK excluding London median annual salary £52,500 £50,000 £47,500
% change year-on-year +5.00% +5.26% +5.56%

Credit Risk Management
Job Vacancy Trend

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

Job vacancy trend for Credit Risk Management in the UK

Credit Risk Management
Salary Trend

3-month moving average salary quoted in jobs citing Credit Risk Management.

Salary trend for Credit Risk Management in the UK

Credit Risk Management
Salary Histogram

Salary distribution for jobs citing Credit Risk Management over the 6 months to 14 August 2022.

Salary histogram for Credit Risk Management in the UK

Credit Risk Management
Top 7 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 14 August 2022. 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
Jobs
England -151 27 £103,986 +99.97% 2
London -162 23 £92,500 -15.91% 1
Work from Home -200 22 £69,275 +33.22% 2
UK excluding London -86 9 £103,986 +99.97% 2
Scotland -40 5 £103,986 - 1
Midlands -47 4 £103,986 +99.97%
West Midlands - 4 £103,986 -

For the 6 months to 14 August 2022, 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 36 (100.00%) Risk Management
1 36 (100.00%) Credit Risk
2 26 (72.22%) Finance
3 22 (61.11%) SAS
4 20 (55.56%) Stress Testing
4 20 (55.56%) Data Quality
5 19 (52.78%) IFRS
5 19 (52.78%) IFRS 9
6 18 (50.00%) Coaching
6 18 (50.00%) Portfolio Management
6 18 (50.00%) Technical Analysis
6 18 (50.00%) Strategic Management
7 14 (38.89%) Banking
7 14 (38.89%) Social Skills
8 8 (22.22%) Influencing Skills
8 8 (22.22%) Customer Requirements
8 8 (22.22%) Inclusion and Diversity
8 8 (22.22%) Business Strategy
9 6 (16.67%) Degree
10 5 (13.89%) SQL
11 4 (11.11%) Microsoft Office
11 4 (11.11%) Python
11 4 (11.11%) Microsoft Excel
11 4 (11.11%) Microsoft
11 4 (11.11%) Legal
11 4 (11.11%) Microsoft PowerPoint
11 4 (11.11%) Presentation Skills
11 4 (11.11%) Analytical Skills
12 3 (8.33%) Regulatory Compliance
12 3 (8.33%) Decision-Making

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 22 (61.11%) SAS
2 1 (2.78%) Apache
2 1 (2.78%) Apache Spark
Applications
1 4 (11.11%) Microsoft Excel
1 4 (11.11%) Microsoft Office
1 4 (11.11%) Microsoft PowerPoint
Business Applications
1 2 (5.56%) Loan IQ
2 1 (2.78%) Summit
Cloud Services
1 1 (2.78%) Power Platform
Database & Business Intelligence
1 2 (5.56%) Metadata
2 1 (2.78%) Big Data
2 1 (2.78%) Power BI
2 1 (2.78%) RDBMS
2 1 (2.78%) Relational Database
2 1 (2.78%) Tableau
General
1 26 (72.22%) Finance
2 14 (38.89%) Banking
2 14 (38.89%) Social Skills
3 8 (22.22%) Inclusion and Diversity
3 8 (22.22%) Influencing Skills
4 4 (11.11%) Analytical Skills
4 4 (11.11%) Legal
4 4 (11.11%) Presentation Skills
5 2 (5.56%) Investment Banking
5 2 (5.56%) Law
5 2 (5.56%) Retail
6 1 (2.78%) Documentation Skills
6 1 (2.78%) Front Office
6 1 (2.78%) Retail Finance
Job Titles
1 22 (61.11%) Analyst
2 18 (50.00%) Insight Analyst
2 18 (50.00%) Portfolio Analyst
3 2 (5.56%) Business Analyst
3 2 (5.56%) Data Scientist
3 2 (5.56%) Senior Analyst
4 1 (2.78%) Data Modeller
4 1 (2.78%) ETRM Business Analyst
4 1 (2.78%) Senior Data Scientist
4 1 (2.78%) Summit Business Analyst
Miscellaneous
1 36 (100.00%) Credit Risk
2 3 (8.33%) Derivative
2 3 (8.33%) Market Risk
3 1 (2.78%) Fixed Income
3 1 (2.78%) Hedge funds
Processes & Methodologies
1 36 (100.00%) Risk Management
2 20 (55.56%) Stress Testing
3 18 (50.00%) Coaching
3 18 (50.00%) Portfolio Management
3 18 (50.00%) Strategic Management
3 18 (50.00%) Technical Analysis
4 8 (22.22%) Business Strategy
4 8 (22.22%) Customer Requirements
5 3 (8.33%) Decision-Making
5 3 (8.33%) Regulatory Compliance
5 3 (8.33%) Validation
6 2 (5.56%) Credit Risk Modelling
6 2 (5.56%) Economics
6 2 (5.56%) Internal Audit
6 2 (5.56%) Mathematics
6 2 (5.56%) Physics
6 2 (5.56%) Problem-Solving
6 2 (5.56%) Statistical Modelling
6 2 (5.56%) Visualisation
6 2 (5.56%) Workflow
Programming Languages
1 5 (13.89%) SQL
2 4 (11.11%) Python
3 3 (8.33%) R
4 1 (2.78%) C#
4 1 (2.78%) C++
4 1 (2.78%) Java
4 1 (2.78%) MATLAB
4 1 (2.78%) PL/SQL
Qualifications
1 6 (16.67%) Degree
2 2 (5.56%) Numerate Degree
3 1 (2.78%) Master's Degree
Quality Assurance & Compliance
1 20 (55.56%) Data Quality
2 19 (52.78%) IFRS
2 19 (52.78%) IFRS 9
3 2 (5.56%) QA
4 1 (2.78%) CRD IV
System Software
1 2 (5.56%) Virtual Machines
2 1 (2.78%) Docker
Systems Management
1 1 (2.78%) Kubernetes
Vendors
1 4 (11.11%) Microsoft