Period
to 13 June 2021

The table below looks at the prevalence of the term Credit Risk in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Credit Risk over the 6 months to 13 June 2021 with a comparison to the same period over the previous 2 years.

Credit Risk
UK
6 months to
13 Jun 2021
Same period 2020 Same period 2019
Rank 772 754 879
Rank change year-on-year -18 +125 -33
Permanent jobs citing Credit Risk 152 114 240
As % of all permanent jobs advertised in the UK 0.15% 0.14% 0.17%
As % of the Miscellaneous category 0.41% 0.39% 0.48%
Number of salaries quoted 109 75 203
10th Percentile £59,000 £53,000 £49,250
25th Percentile £70,000 £70,000 £62,500
Median annual salary (50th Percentile) £110,000 £80,000 £77,500
Median % change year-on-year +37.50% +3.23% +14.81%
75th Percentile £130,000 £97,500 £93,125
90th Percentile £142,500 £110,000 £100,000
UK excluding London median annual salary £52,000 £66,250 £54,000
% change year-on-year -21.51% +22.69% +35.00%

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 with a requirement for generic IT skills.

All Generic IT Skills
UK
Permanent vacancies with a requirement for generic IT skills 37,026 29,000 49,738
As % of all permanent IT jobs advertised in the UK 36.96% 34.67% 34.61%
Number of salaries quoted 23,362 22,885 37,915
10th Percentile £32,500 £31,250 £30,000
25th Percentile £42,500 £41,250 £37,500
Median annual salary (50th Percentile) £57,500 £55,000 £53,000
Median % change year-on-year +4.55% +3.77% +6.00%
75th Percentile £77,500 £76,250 £72,500
90th Percentile £95,000 £95,000 £88,750
UK excluding London median annual salary £49,750 £47,500 £45,000
% change year-on-year +4.74% +5.56% -

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
Salary Trend

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

Salary trend for Credit Risk in the UK

Credit Risk
Salary Histogram

Salary distribution for jobs citing Credit Risk over the 6 months to 13 June 2021.

Salary histogram for Credit Risk in the UK

Credit Risk
Top 11 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Credit Risk within the UK over the 6 months to 13 June 2021. 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 -6 151 £110,000 +37.50% 29
London +32 145 £110,000 +37.50% 22
Work from Home - 15 £52,000 - 4
UK excluding London -73 6 £52,000 -21.51% 9
North of England -56 3 £52,000 -35.00% 3
North West -19 2 £52,000 -
Yorkshire -44 1 - - 2
Scotland -44 1 - - 2
East of England - 1 £52,000 - 1
East Midlands - 1 £52,000 -
Midlands - 1 £52,000 -

For the 6 months to 13 June 2021, IT jobs citing Credit Risk 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.

1 134 (88.16%) Finance
2 67 (44.08%) Python
2 67 (44.08%) Analytics
3 64 (42.11%) Java
4 61 (40.13%) Banking
5 57 (37.50%) Kotlin
6 55 (36.18%) Front Office
7 53 (34.87%) Software Engineering
7 53 (34.87%) Risk Analytics
8 52 (34.21%) GCP
8 52 (34.21%) C++
8 52 (34.21%) Foreign Exchange (FX)
9 51 (33.55%) Asset Management
10 49 (32.24%) C#
11 48 (31.58%) Derivative
11 48 (31.58%) Scala
12 47 (30.92%) Investment Management
12 47 (30.92%) React
12 47 (30.92%) JavaScript
13 46 (30.26%) Fixed Income
13 46 (30.26%) Equities
13 46 (30.26%) TypeScript
13 46 (30.26%) Azure
13 46 (30.26%) AWS
13 46 (30.26%) Hedge funds
13 46 (30.26%) Node.js
13 46 (30.26%) GraphQL
14 28 (18.42%) Risk Management
15 26 (17.11%) Stakeholder Management
15 26 (17.11%) Social Skills

Credit Risk
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 17 (11.18%) SAS
2 2 (1.32%) Apache Spark
3 1 (0.66%) Jupyter
Applications
1 4 (2.63%) Microsoft Excel
2 3 (1.97%) Microsoft Office
3 2 (1.32%) SPSS
4 1 (0.66%) EViews
4 1 (0.66%) Microsoft PowerPoint
4 1 (0.66%) Spreadsheet
Business Applications
1 1 (0.66%) Payment Gateway
Cloud Services
1 52 (34.21%) GCP
2 46 (30.26%) AWS
2 46 (30.26%) Azure
3 2 (1.32%) Power Platform
Communications & Networking
1 2 (1.32%) FTP
Database & Business Intelligence
1 11 (7.24%) Amazon Aurora
1 11 (7.24%) PostgreSQL
2 6 (3.95%) Big Data
3 5 (3.29%) Data Warehouse
4 4 (2.63%) Base SAS
4 4 (2.63%) SAS Data Integration Studio
5 3 (1.97%) Data Mining
5 3 (1.97%) Relational Database
6 2 (1.32%) Hadoop
6 2 (1.32%) MySQL
6 2 (1.32%) Power BI
6 2 (1.32%) SQL Server Integration Services
7 1 (0.66%) Impala
7 1 (0.66%) NoSQL
7 1 (0.66%) Oracle Database
7 1 (0.66%) Oracle Database 11g
7 1 (0.66%) Oracle Reports
7 1 (0.66%) RDBMS
7 1 (0.66%) SQL Server
Development Applications
1 11 (7.24%) Babel
2 8 (5.26%) Jenkins
3 2 (1.32%) Git (software)
3 2 (1.32%) Maven
3 2 (1.32%) TeamCity
4 1 (0.66%) Oracle Forms
General
1 134 (88.16%) Finance
2 61 (40.13%) Banking
3 55 (36.18%) Front Office
4 26 (17.11%) Social Skills
5 12 (7.89%) Analytical Skills
6 11 (7.24%) Billing
6 11 (7.24%) Financial Institution
7 9 (5.92%) Investment Banking
8 7 (4.61%) Advertising
8 7 (4.61%) Influencing Skills
8 7 (4.61%) Retail
9 5 (3.29%) Retail Banking
9 5 (3.29%) Retail Finance
10 3 (1.97%) Legal
11 2 (1.32%) Private Banking
12 1 (0.66%) French Language
12 1 (0.66%) German Language
12 1 (0.66%) Marketing
12 1 (0.66%) Telecoms
12 1 (0.66%) Wholesale Banking
Job Titles
1 64 (42.11%) Developer
2 47 (30.92%) Front Office Developer
3 46 (30.26%) React Developer
4 32 (21.05%) Business Analyst
5 31 (20.39%) Analyst
6 30 (19.74%) Lead Developer
7 21 (13.82%) Senior Analyst
8 19 (12.50%) Senior Business Analyst
9 14 (9.21%) Investment Banking Business Analyst
9 14 (9.21%) Senior Investment Banking Business Analyst
10 11 (7.24%) Risk Business Analyst
11 9 (5.92%) Risk Manager
12 8 (5.26%) Architect
12 8 (5.26%) Credit Analyst
12 8 (5.26%) Regulatory Business Analyst
12 8 (5.26%) Risk Analyst
13 7 (4.61%) Banking Business Analyst
13 7 (4.61%) Consultant
13 7 (4.61%) Credit Risk Analyst
13 7 (4.61%) Lead Architect
Libraries, Frameworks & Software Standards
1 47 (30.92%) React
2 46 (30.26%) GraphQL
2 46 (30.26%) Node.js
3 13 (8.55%) Kafka
4 11 (7.24%) RabbitMQ
4 11 (7.24%) React Native
5 6 (3.95%) Samza
6 2 (1.32%) Django
6 2 (1.32%) Flask
6 2 (1.32%) NumPy
6 2 (1.32%) Pandas
6 2 (1.32%) Pyramid
6 2 (1.32%) scikit-learn
6 2 (1.32%) SciPy
7 1 (0.66%) AngularJS
7 1 (0.66%) CSS
7 1 (0.66%) HTML
7 1 (0.66%) HTML5
7 1 (0.66%) jQuery
7 1 (0.66%) REST
Miscellaneous
1 52 (34.21%) Foreign Exchange (FX)
2 48 (31.58%) Derivative
3 46 (30.26%) Equities
3 46 (30.26%) Fixed Income
3 46 (30.26%) Hedge funds
4 15 (9.87%) Market Risk
5 5 (3.29%) Cloud Native
6 4 (2.63%) Hybrid Cloud
6 4 (2.63%) Public Cloud
6 4 (2.63%) Virtual Team
7 3 (1.97%) Algorithms
7 3 (1.97%) Management Information System
7 3 (1.97%) Taxonomies
8 2 (1.32%) Data Structures
9 1 (0.66%) Exotic Derivative
9 1 (0.66%) Greenfield Project
9 1 (0.66%) Self-Motivation
Operating Systems
1 5 (3.29%) Linux
1 5 (3.29%) Windows
Processes & Methodologies
1 67 (44.08%) Analytics
2 53 (34.87%) Risk Analytics
2 53 (34.87%) Software Engineering
3 51 (33.55%) Asset Management
4 47 (30.92%) Investment Management
5 28 (18.42%) Risk Management
6 26 (17.11%) Stakeholder Management
7 15 (9.87%) User Acceptance Testing
8 14 (9.21%) Microservices
8 14 (9.21%) Target Operating Model
9 11 (7.24%) Mathematics
10 10 (6.58%) Decision-Making
10 10 (6.58%) Mentoring
11 9 (5.92%) Agile Software Development
11 9 (5.92%) Credit Risk Management
11 9 (5.92%) Project Delivery
12 8 (5.26%) Low Latency
12 8 (5.26%) Problem-Solving
13 7 (4.61%) Customer-Centricity
13 7 (4.61%) Fintech
Programming Languages
1 67 (44.08%) Python
2 64 (42.11%) Java
3 57 (37.50%) Kotlin
4 52 (34.21%) C++
5 49 (32.24%) C#
6 48 (31.58%) Scala
7 47 (30.92%) JavaScript
8 46 (30.26%) TypeScript
9 17 (11.18%) SQL
10 8 (5.26%) VBA
11 5 (3.29%) VB
12 4 (2.63%) MATLAB
13 3 (1.97%) R
14 1 (0.66%) Java 8
14 1 (0.66%) PL/SQL
14 1 (0.66%) Shell Script
Qualifications
1 9 (5.92%) Degree
2 1 (0.66%) ACCA
2 1 (0.66%) CFA
2 1 (0.66%) Computer Science Degree
2 1 (0.66%) Security Cleared
Quality Assurance & Compliance
1 9 (5.92%) Basel III
1 9 (5.92%) IFRS
2 8 (5.26%) MiFID
3 6 (3.95%) COREP
4 5 (3.29%) GDPR
5 4 (2.63%) CRD IV
6 3 (1.97%) Basel II
7 1 (0.66%) IFRS 9
7 1 (0.66%) Sarbanes-Oxley
System Software
1 12 (7.89%) Docker
Systems Management
1 12 (7.89%) Kubernetes
Vendors
1 6 (3.95%) Oracle
2 5 (3.29%) Google
3 2 (1.32%) Microsoft
4 1 (0.66%) Cloudera
4 1 (0.66%) Sybase