Period
to

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 23 May 2022 with a comparison to the same period over the previous 2 years.

Credit Risk
UK
6 months to
23 May 2022
Same period 2021 Same period 2020
Rank 738 761 770
Rank change year-on-year +23 +9 +114
Permanent jobs citing Credit Risk 522 133 131
As % of all permanent jobs advertised in the UK 0.32% 0.14% 0.14%
As % of the Miscellaneous category 0.70% 0.38% 0.39%
Number of salaries quoted 206 98 90
10th Percentile £40,000 £54,250 £47,150
25th Percentile £57,500 £71,563 £66,563
Median annual salary (50th Percentile) £78,002 £110,000 £80,000
Median % change year-on-year -29.09% +37.50% +6.67%
75th Percentile £100,000 £130,000 £97,500
90th Percentile £132,500 £142,500 £105,500
UK excluding London median annual salary £65,000 £52,000 £57,500
% change year-on-year +25.00% -9.57% +9.52%

Credit Risk is in the General and Transferable 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 Skills
UK
Permanent vacancies with a requirement for generic IT skills 74,303 35,172 33,380
As % of all permanent IT jobs advertised in the UK 45.59% 38.29% 35.92%
Number of salaries quoted 32,259 23,633 26,305
10th Percentile £34,000 £32,500 £31,250
25th Percentile £45,000 £42,500 £41,250
Median annual salary (50th Percentile) £62,000 £57,500 £55,000
Median % change year-on-year +7.83% +4.55% +0.92%
75th Percentile £82,500 £77,500 £76,250
90th Percentile £101,250 £95,000 £95,000
UK excluding London median annual salary £52,500 £49,500 £47,500
% change year-on-year +6.06% +4.21% +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 23 May 2022.

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 23 May 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 -11 432 £79,065 -28.12% 37
London -34 386 £80,000 -27.27% 26
Work from Home -2 313 £95,000 +82.69% 10
UK excluding London -77 71 £65,000 +25.00% 14
South East - 31 £100,000 - 3
Scotland -34 24 £57,500 - 3
North of England -78 9 £60,000 +15.38% 4
South West - 6 £39,875 -
North West -79 5 £60,000 +15.38% 2
Yorkshire -37 4 £57,500 - 1
Wales - 1 £36,820 -

For the 6 months to 23 May 2022, 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.

1 391 (74.90%) Finance
2 241 (46.17%) SQL
2 241 (46.17%) Banking
3 196 (37.55%) Analytics
4 141 (27.01%) SAS
5 138 (26.44%) Python
6 121 (23.18%) Analytical Skills
7 110 (21.07%) Agile
8 103 (19.73%) Validation
9 99 (18.97%) Software Engineering
10 82 (15.71%) Docker
11 80 (15.33%) IFRS
12 79 (15.13%) IFRS 9
13 76 (14.56%) Kubernetes
13 76 (14.56%) React
13 76 (14.56%) Risk Analytics
14 75 (14.37%) Stakeholder Management
15 74 (14.18%) Fintech
15 74 (14.18%) Social Skills
16 73 (13.98%) Mathematics
17 72 (13.79%) Java
18 67 (12.84%) Coaching
19 66 (12.64%) Credit Risk Modelling
20 65 (12.45%) Stress Testing
20 65 (12.45%) Degree
21 61 (11.69%) Model Validation
21 61 (11.69%) Machine Learning
22 57 (10.92%) Test Automation
22 57 (10.92%) Customer-Centricity
23 56 (10.73%) Peer-to-Peer Lending

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
1 141 (27.01%) SAS
2 16 (3.07%) Apache Airflow
3 12 (2.30%) Confluence
4 11 (2.11%) Apache Spark
5 3 (0.57%) Apache
6 2 (0.38%) JBoss
6 2 (0.38%) WebSphere
7 1 (0.19%) SharePoint
7 1 (0.19%) Tomcat
Applications
1 44 (8.43%) Microsoft Excel
2 23 (4.41%) Microsoft Office
3 4 (0.77%) Microsoft PowerPoint
4 2 (0.38%) EViews
4 2 (0.38%) SPSS
Cloud Services
1 52 (9.96%) AWS
2 44 (8.43%) GCP
3 41 (7.85%) Azure
4 37 (7.09%) Power Platform
5 18 (3.45%) GitHub
6 14 (2.68%) SaaS
7 12 (2.30%) Amazon S3
7 12 (2.30%) Amazon SageMaker
8 9 (1.72%) Azure Cosmos DB
8 9 (1.72%) Azure Service Bus
9 7 (1.34%) Vertex AI
10 6 (1.15%) Google Analytics
11 5 (0.96%) dbt
11 5 (0.96%) Snowflake
12 2 (0.38%) Azure Machine Learning
Communications & Networking
1 2 (0.38%) FTP
1 2 (0.38%) Internet
Database & Business Intelligence
1 51 (9.77%) PostgreSQL
2 44 (8.43%) Amazon Aurora
3 37 (7.09%) Power BI
4 29 (5.56%) Data Warehouse
5 18 (3.45%) NoSQL
5 18 (3.45%) Relational Database
5 18 (3.45%) Tableau
6 17 (3.26%) Amazon Redshift
7 14 (2.68%) MongoDB
8 12 (2.30%) Amazon Athena
8 12 (2.30%) MS Access
9 11 (2.11%) Big Data
10 9 (1.72%) Redis
10 9 (1.72%) SQL Server Integration Services
11 8 (1.53%) Biml
11 8 (1.53%) Looker
11 8 (1.53%) OLAP
11 8 (1.53%) OLAP Cube
11 8 (1.53%) SQL Server Analysis Services
11 8 (1.53%) SQL Server Reporting Services
Development Applications
1 47 (9.00%) Jenkins
2 44 (8.43%) Babel
3 31 (5.94%) JIRA
4 13 (2.49%) Git (software)
5 7 (1.34%) MLflow
6 5 (0.96%) webpack
7 1 (0.19%) Ant
7 1 (0.19%) Cucumber
7 1 (0.19%) JUnit
7 1 (0.19%) Maven
7 1 (0.19%) MSBuild
7 1 (0.19%) Selenium
7 1 (0.19%) Zephyr
General
1 391 (74.90%) Finance
2 241 (46.17%) Banking
3 121 (23.18%) Analytical Skills
4 74 (14.18%) Social Skills
5 44 (8.43%) Billing
6 29 (5.56%) Marketing
7 27 (5.17%) Retail
8 21 (4.02%) Investment Banking
8 21 (4.02%) Organisational Skills
9 13 (2.49%) Retail Finance
10 12 (2.30%) Financial Institution
10 12 (2.30%) Legal
10 12 (2.30%) Presentation Skills
11 8 (1.53%) Front Office
11 8 (1.53%) German Language
12 6 (1.15%) Advertising
12 6 (1.15%) Retail Banking
12 6 (1.15%) Wholesale Banking
13 5 (0.96%) Influencing Skills
14 4 (0.77%) Dutch Language
Job Titles
1 227 (43.49%) Analyst
2 127 (24.33%) Risk Analyst
3 117 (22.41%) Credit Analyst
4 112 (21.46%) Credit Risk Analyst
5 69 (13.22%) Senior Analyst
6 62 (11.88%) Data Analyst
7 59 (11.30%) Software Engineer
8 52 (9.96%) Business Analyst
9 51 (9.77%) Developer
9 51 (9.77%) Senior Risk Analyst
10 49 (9.39%) Risk Business Analyst
10 49 (9.39%) Senior Business Analyst
11 40 (7.66%) Credit Risk Business Analyst
11 40 (7.66%) Data Scientist
11 40 (7.66%) Senior Credit Risk Analyst
12 39 (7.47%) Senior Credit Risk Business Analyst
13 38 (7.28%) Risk Manager
14 35 (6.70%) Credit Risk Manager
14 35 (6.70%) Report Analyst
15 34 (6.51%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 76 (14.56%) React
2 56 (10.73%) Kafka
3 49 (9.39%) React Native
4 44 (8.43%) RabbitMQ
4 44 (8.43%) Samza
5 34 (6.51%) scikit-learn
5 34 (6.51%) SciPy
6 28 (5.36%) HTML
7 22 (4.21%) TensorFlow
8 19 (3.64%) .NET
8 19 (3.64%) Matplotlib
8 19 (3.64%) NumPy
8 19 (3.64%) Pandas
9 17 (3.26%) AngularJS
10 15 (2.87%) .NET Framework
11 12 (2.30%) PySpark
12 11 (2.11%) CSS
12 11 (2.11%) FastAPI
12 11 (2.11%) Flask
13 10 (1.92%) ASP.NET
Miscellaneous
1 40 (7.66%) Market Risk
2 28 (5.36%) Derivative
3 24 (4.60%) Analytical Mindset
4 21 (4.02%) Equities
4 21 (4.02%) Fixed Income
5 18 (3.45%) Management Information System
6 17 (3.26%) Algorithms
7 11 (2.11%) Foreign Exchange (FX)
8 8 (1.53%) Data Structures
8 8 (1.53%) Virtual Team
9 5 (0.96%) User Experience
10 3 (0.57%) Blog
10 3 (0.57%) Exotic Derivative
10 3 (0.57%) Kindle
10 3 (0.57%) Public Cloud
11 2 (0.38%) Cloud Native
11 2 (0.38%) Enterprise Software
11 2 (0.38%) Greenfield Project
11 2 (0.38%) Self-Motivation
12 1 (0.19%) OTC Derivatives
Operating Systems
1 33 (6.32%) Linux
2 18 (3.45%) Unix
3 5 (0.96%) Android
3 5 (0.96%) Apple iOS
Processes & Methodologies
1 196 (37.55%) Analytics
2 110 (21.07%) Agile
3 103 (19.73%) Validation
4 99 (18.97%) Software Engineering
5 76 (14.56%) Risk Analytics
6 75 (14.37%) Stakeholder Management
7 74 (14.18%) Fintech
8 73 (13.98%) Mathematics
9 67 (12.84%) Coaching
10 66 (12.64%) Credit Risk Modelling
11 65 (12.45%) Stress Testing
12 61 (11.69%) Machine Learning
12 61 (11.69%) Model Validation
13 57 (10.92%) Customer-Centricity
13 57 (10.92%) Test Automation
14 56 (10.73%) Peer-to-Peer Lending
14 56 (10.73%) Risk Management
15 55 (10.54%) Microservices
16 52 (9.96%) Statistics
17 51 (9.77%) Economics
Programming Languages
1 241 (46.17%) SQL
2 138 (26.44%) Python
3 72 (13.79%) Java
4 52 (9.96%) VBA
5 44 (8.43%) Kotlin
6 30 (5.75%) JavaScript
7 29 (5.56%) R
8 22 (4.21%) C#
8 22 (4.21%) C++
9 15 (2.87%) TypeScript
10 12 (2.30%) T-SQL
11 8 (1.53%) Scala
12 7 (1.34%) C
13 5 (0.96%) Go
13 5 (0.96%) Julia
13 5 (0.96%) MATLAB
13 5 (0.96%) Perl
14 4 (0.77%) PL/SQL
15 2 (0.38%) Shell Script
16 1 (0.19%) F#
Qualifications
1 65 (12.45%) Degree
2 20 (3.83%) PhD
3 16 (3.07%) CCA
4 9 (1.72%) Computer Science Degree
4 9 (1.72%) MBA
5 8 (1.53%) CFA
6 6 (1.15%) Numerate Degree
7 3 (0.57%) Master's Degree
8 1 (0.19%) ITIL Certification
Quality Assurance & Compliance
1 80 (15.33%) IFRS
2 79 (15.13%) IFRS 9
3 36 (6.90%) Data Quality
4 18 (3.45%) SLA
5 5 (0.96%) EMIR
5 5 (0.96%) MiFID
6 3 (0.57%) CRD IV
6 3 (0.57%) Dodd-Frank
6 3 (0.57%) QA
7 2 (0.38%) COREP
7 2 (0.38%) FINREP
7 2 (0.38%) GDPR
8 1 (0.19%) Actionable Recommendations
8 1 (0.19%) Basel III
8 1 (0.19%) PMO
System Software
1 82 (15.71%) Docker
2 2 (0.38%) Virtual Machines
3 1 (0.19%) HDFS
Systems Management
1 76 (14.56%) Kubernetes
2 7 (1.34%) Kubeflow
3 5 (0.96%) Argo
4 1 (0.19%) Hadoop YARN
Vendors
1 47 (9.00%) Microsoft
2 33 (6.32%) Google
3 8 (1.53%) Sun
4 6 (1.15%) CA
5 5 (0.96%) Alteryx
5 5 (0.96%) Informatica
5 5 (0.96%) Oracle
6 3 (0.57%) Spotify
7 2 (0.38%) Ab Initio
7 2 (0.38%) Bloomberg
7 2 (0.38%) MicroStrategy
8 1 (0.19%) GoldenSource
8 1 (0.19%) Murex
8 1 (0.19%) Reuters
8 1 (0.19%) Sybase