Credit Risk
UK

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 4 December 2023 with a comparison to the same period over the previous 2 years.

6 months to
4 Dec 2023
Same period 2022 Same period 2021
Rank 592 809 869
Rank change year-on-year +217 +60 -177
Permanent jobs citing Credit Risk 149 269 232
As % of all permanent jobs advertised in the UK 0.28% 0.22% 0.18%
As % of the Miscellaneous category 0.76% 0.50% 0.41%
Number of salaries quoted 119 138 147
10th Percentile £42,874 £47,447 £45,750
25th Percentile £46,306 £51,833 £61,875
Median annual salary (50th Percentile) £60,000 £65,000 £72,500
Median % change year-on-year -7.69% -10.34% -3.33%
75th Percentile £91,934 £90,000 £100,000
90th Percentile £95,300 £125,481 £115,000
UK excluding London median annual salary £51,528 £54,882 £46,250
% change year-on-year -6.11% +18.66% -7.50%

All Generic Skills
UK

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.

Permanent vacancies with a requirement for generic IT skills 19,607 53,764 56,466
As % of all permanent jobs advertised in the UK 36.83% 43.38% 44.03%
Number of salaries quoted 14,348 29,746 33,691
10th Percentile £33,250 £34,875 £33,750
25th Percentile £45,000 £46,250 £45,000
Median annual salary (50th Percentile) £62,500 £63,500 £60,000
Median % change year-on-year -1.57% +5.83% -
75th Percentile £84,056 £85,000 £82,500
90th Percentile £107,500 £105,000 £100,000
UK excluding London median annual salary £55,000 £55,000 £50,000
% change year-on-year - +10.00% -

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 4 December 2023.

Salary histogram for Credit Risk in the UK

Credit Risk
Top 13 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 4 December 2023. 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 +212 119 £65,000 - 138
UK excluding London +249 77 £51,528 -6.11% 42
Work from Home +221 74 £83,577 +39.29% 68
London +151 63 £72,500 +3.57% 99
North of England +158 33 £51,528 +2.57% 14
Yorkshire +106 26 £83,577 +66.36% 4
Scotland +56 14 £63,807 -38.64% 2
South East +171 12 £45,000 -41.94% 11
South West +77 8 £92,625 +84.37% 5
Wales +28 8 £51,528 -20.44%
North West +101 7 £44,033 -12.35% 9
Midlands +111 1 £45,500 -22.55% 8
Northern Ireland - 1 £130,000 - 1

Credit Risk
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 61 (40.94%) SAS
2 13 (8.72%) Apache
2 13 (8.72%) Apache Spark
2 13 (8.72%) SharePoint
3 1 (0.67%) Confluence
Applications
1 6 (4.03%) Microsoft Excel
2 5 (3.36%) Microsoft Office
3 3 (2.01%) Microsoft PowerPoint
4 2 (1.34%) EViews
4 2 (1.34%) SPSS
Business Applications
1 13 (8.72%) Adaptiv
2 2 (1.34%) Oracle EBS
2 2 (1.34%) Oracle EBS R12
2 2 (1.34%) Oracle E-Business Tax
2 2 (1.34%) Oracle Financials
2 2 (1.34%) Oracle Receivables
Cloud Services
1 12 (8.05%) GCP
2 4 (2.68%) Azure
2 4 (2.68%) Power Platform
3 3 (2.01%) Serverless
3 3 (2.01%) Vertex AI
4 1 (0.67%) AWS
4 1 (0.67%) Azure DevOps
4 1 (0.67%) Azure Event Grid
4 1 (0.67%) Azure Key Vault
4 1 (0.67%) Azure Service Bus
4 1 (0.67%) Cloud Composer
4 1 (0.67%) Cloud Functions
4 1 (0.67%) GitHub
4 1 (0.67%) Google Kubernetes Engine
4 1 (0.67%) PowerApps
4 1 (0.67%) WhatsApp
Database & Business Intelligence
1 11 (7.38%) Data Warehouse
2 6 (4.03%) Oracle Reports
3 4 (2.68%) Tableau
4 3 (2.01%) Power BI
4 3 (2.01%) SQL Server
5 2 (1.34%) OLAP
6 1 (0.67%) BigQuery
6 1 (0.67%) Data Lake
6 1 (0.67%) NoSQL
6 1 (0.67%) Qlik Sense
6 1 (0.67%) Relational Database
6 1 (0.67%) SAS EBI
6 1 (0.67%) Spotfire
Development Applications
1 9 (6.04%) Git
2 8 (5.37%) Ant
2 8 (5.37%) Artifactory
2 8 (5.37%) Cucumber
2 8 (5.37%) Gradle
2 8 (5.37%) Jenkins
2 8 (5.37%) Maven
2 8 (5.37%) Mocha
2 8 (5.37%) Selenium
2 8 (5.37%) SonarQube
2 8 (5.37%) Sonatype Nexus
2 8 (5.37%) Spinnaker
2 8 (5.37%) Zephyr
3 2 (1.34%) JIRA
General
1 125 (83.89%) Finance
2 112 (75.17%) Banking
3 68 (45.64%) Social Skills
4 66 (44.30%) Analytical Skills
5 57 (38.26%) Retail
6 26 (17.45%) Presentation Skills
7 23 (15.44%) Influencing Skills
8 20 (13.42%) Investment Banking
9 12 (8.05%) Retail Finance
10 8 (5.37%) Financial Institution
10 8 (5.37%) Front Office
11 7 (4.70%) Legal
12 6 (4.03%) Marketing
12 6 (4.03%) Retail Banking
13 3 (2.01%) Back Office
13 3 (2.01%) Wholesale Banking
14 2 (1.34%) Advertising
14 2 (1.34%) General Ledger
14 2 (1.34%) International Banking
14 2 (1.34%) Law
Job Titles
1 76 (51.01%) Analyst
2 50 (33.56%) Senior
3 44 (29.53%) Senior Analyst
4 11 (7.38%) Lead
4 11 (7.38%) Operations Analyst
5 10 (6.71%) Risk Analyst
6 9 (6.04%) Data Analyst
6 9 (6.04%) Qualitative Analyst
6 9 (6.04%) Quantitative Analyst
7 8 (5.37%) DevOps Engineer
8 7 (4.70%) Credit Analyst
8 7 (4.70%) Credit Risk Analyst
8 7 (4.70%) Risk Manager
9 6 (4.03%) Data Engineer
9 6 (4.03%) Developer
9 6 (4.03%) Operations Team Leader
9 6 (4.03%) Team Leader
10 5 (3.36%) Consultant
11 4 (2.68%) Business Analyst
11 4 (2.68%) Insight Director
Libraries, Frameworks & Software Standards
1 10 (6.71%) .NET
2 4 (2.68%) AngularJS
3 3 (2.01%) ASP.NET
3 3 (2.01%) ASP.NET Core
3 3 (2.01%) JSON
3 3 (2.01%) XML
4 2 (1.34%) Spring
4 2 (1.34%) Spring Boot
5 1 (0.67%) .NET Core
5 1 (0.67%) React
5 1 (0.67%) RESTful
Miscellaneous
1 11 (7.38%) Market Risk
2 9 (6.04%) Hedge funds
3 8 (5.37%) Product Ownership
4 4 (2.68%) Analytical Mindset
4 4 (2.68%) Hackathon
5 3 (2.01%) Derivative
5 3 (2.01%) Foreign Exchange (FX)
5 3 (2.01%) Renewable Energy
6 2 (1.34%) Equities
6 2 (1.34%) Management Information System
6 2 (1.34%) Self-Motivation
6 2 (1.34%) VAX
7 1 (0.67%) Fixed Income
7 1 (0.67%) Onboarding
Operating Systems
1 13 (8.72%) Unix
2 2 (1.34%) Solaris
2 2 (1.34%) VMS
2 2 (1.34%) Windows
2 2 (1.34%) Windows 7
2 2 (1.34%) Windows Server 2008
2 2 (1.34%) Windows Server 2012
Processes & Methodologies
1 90 (60.40%) Agile
2 80 (53.69%) Analytics
3 57 (38.26%) Risk Management
4 56 (37.58%) Statistical Modelling
5 54 (36.24%) Credit Risk Modelling
6 49 (32.89%) Problem-Solving
7 43 (28.86%) Credit Risk Management
8 38 (25.50%) Mathematics
9 34 (22.82%) Decision-Making
10 31 (20.81%) Statistics
10 31 (20.81%) Validation
11 30 (20.13%) Economics
12 29 (19.46%) Statistical Analysis
13 28 (18.79%) Customer Insight
14 26 (17.45%) Decision Science
15 25 (16.78%) Data Analytics
16 23 (15.44%) Operations Research
16 23 (15.44%) Physics
17 20 (13.42%) Technical Leadership
18 19 (12.75%) Stress Testing
Programming Languages
1 73 (48.99%) Python
2 58 (38.93%) SQL
3 35 (23.49%) R
4 10 (6.71%) C#
5 8 (5.37%) MATLAB
6 5 (3.36%) C++
7 4 (2.68%) JavaScript
7 4 (2.68%) TypeScript
8 3 (2.01%) Java
8 3 (2.01%) PowerShell
8 3 (2.01%) T-SQL
9 2 (1.34%) C
10 1 (0.67%) Lua
10 1 (0.67%) SAS Macro
Qualifications
1 58 (38.93%) Degree
2 4 (2.68%) Numerate Degree
3 3 (2.01%) Master's Degree
4 1 (0.67%) CFA
Quality Assurance & Compliance
1 34 (22.82%) IFRS
2 30 (20.13%) IFRS 9
3 16 (10.74%) CRD IV
4 13 (8.72%) SLA
5 6 (4.03%) Basel III
6 3 (2.01%) Data Quality
7 2 (1.34%) Actionable Recommendations
8 1 (0.67%) Solvency II
System Software
1 13 (8.72%) Active Directory
2 1 (0.67%) Docker
Systems Management
1 13 (8.72%) Control-M
1 13 (8.72%) Oracle Enterprise Manager
1 13 (8.72%) SafeCom
2 9 (6.04%) Terraform
3 8 (5.37%) Kibana
3 8 (5.37%) Nagios
3 8 (5.37%) Prometheus
3 8 (5.37%) Puppet
4 2 (1.34%) BMC PATROL
4 2 (1.34%) EMC NetWorker
4 2 (1.34%) NetBackup
5 1 (0.67%) Kubernetes
Vendors
1 15 (10.07%) Oracle
2 13 (8.72%) SolarWinds
2 13 (8.72%) Veritas
3 11 (7.38%) Google
4 9 (6.04%) Microsoft
5 8 (5.37%) Dynatrace
5 8 (5.37%) New Relic
5 8 (5.37%) Splunk
5 8 (5.37%) Veracode
6 4 (2.68%) Apttus
7 2 (1.34%) Algorithmics
7 2 (1.34%) Salesforce
7 2 (1.34%) Siebel
7 2 (1.34%) Wallstreet Suite
8 1 (0.67%) Alteryx
8 1 (0.67%) Databricks