Period
to 19 October 2019

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 19 October 2019 with a comparison to the same period over the previous 2 years.

Credit Risk
UK
6 months to
19 Oct 2019
Same period 2018 Same period 2017
Rank 843 835 658
Rank change year-on-year -8 -177 +126
Permanent jobs citing Credit Risk 229 333 635
As % of all permanent IT jobs advertised in the UK 0.17% 0.20% 0.36%
As % of the Miscellaneous category 0.43% 0.51% 0.90%
Number of salaries quoted 190 247 288
UK median annual salary £75,000 £70,000 £65,500
Median salary % change year-on-year +7.14% +6.87% +19.09%
10th Percentile £32,350 £40,550 £35,000
90th Percentile £105,000 £117,500 £108,750
UK excluding London median annual salary £40,000 £45,000 £40,000
% change year-on-year -11.11% +12.50% -5.88%

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 52,968 65,118 70,555
As % of all permanent IT jobs advertised in the UK 38.88% 39.52% 40.36%
Number of salaries quoted 39,944 49,880 52,395
UK median annual salary £52,500 £52,500 £50,000
Median salary % change year-on-year - +5.00% -
10th Percentile £29,565 £28,750 £27,500
90th Percentile £90,000 £85,000 £82,500
UK excluding London median annual salary £45,000 £45,000 £42,500
% change year-on-year - +5.88% -

Credit Risk
Job Vacancy Trend

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

Job vacancy trend for Credit Risk in the UK

Credit Risk
Salary Trend

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

Salary trend for Credit Risk in the UK

Credit Risk
Salary Histogram

The salary distribution of IT jobs citing Credit Risk over the 6 months to 19 October 2019.

Salary histogram for Credit Risk in the UK

Credit Risk
Top 12 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 19 October 2019. 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 -8 210 £75,000 - 22
London +20 170 £77,500 -3.13% 19
UK excluding London +64 59 £40,000 -11.11% 3
Midlands +44 29 £34,000 -30.26% 1
West Midlands +57 27 £34,000 -39.56% 1
Scotland +23 19 £57,124 +2.93%
South East +35 8 - - 1
North of England +22 3 £35,000 +7.69% 1
East Midlands +14 2 - -
North West +40 1 - -
North East +15 1 £30,000 -60.00%
Yorkshire -4 1 £40,000 +28.00% 1

For the 6 months to 19 October 2019, 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.

1 151 (65.94%) Finance
2 126 (55.02%) Banking
3 99 (43.23%) SQL
4 92 (40.17%) Java
5 71 (31.00%) Analytics
6 69 (30.13%) Python
7 58 (25.33%) Degree
8 56 (24.45%) Front Office
9 51 (22.27%) Investment Banking
10 50 (21.83%) Mathematics
10 50 (21.83%) Credit Risk Modelling
11 49 (21.40%) Market Risk
12 48 (20.96%) Risk Management
13 44 (19.21%) Agile Software Development
13 44 (19.21%) R
14 43 (18.78%) Derivative
14 43 (18.78%) SAS
15 42 (18.34%) C++
16 41 (17.90%) Big Data
16 41 (17.90%) Analytical Skills
16 41 (17.90%) Credit Risk Management
17 40 (17.47%) C#
17 40 (17.47%) Stakeholder Management
18 36 (15.72%) Physics
19 35 (15.28%) Computer Science
19 35 (15.28%) Software Engineering
19 35 (15.28%) SQL Server Reporting Services
19 35 (15.28%) Fixed Income
19 35 (15.28%) Foreign Exchange (FX)
20 34 (14.85%) Data Science

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 43 (18.78%) SAS
2 6 (2.62%) Apache Spark
2 6 (2.62%) Elasticsearch
3 3 (1.31%) Confluence
4 2 (0.87%) Jetty
4 2 (0.87%) Tomcat
5 1 (0.44%) Oracle Coherence
Applications
1 10 (4.37%) Microsoft Excel
2 5 (2.18%) Microsoft Office
2 5 (2.18%) SPSS
3 2 (0.87%) Adobe Illustrator
3 2 (0.87%) Microsoft PowerPoint
3 2 (0.87%) MS Visio
3 2 (0.87%) Photoshop
Business Applications
1 5 (2.18%) SAP CO
1 5 (2.18%) SAP FI
1 5 (2.18%) SAP FI/CO
Cloud Services
1 32 (13.97%) Power Platform
2 12 (5.24%) AWS
3 9 (3.93%) Amazon S3
4 2 (0.87%) Cloud Computing
4 2 (0.87%) OpenShift
Database & Business Intelligence
1 41 (17.90%) Big Data
2 35 (15.28%) SQL Server Reporting Services
3 32 (13.97%) Power BI
4 29 (12.66%) Relational Database
4 29 (12.66%) SQL Server Integration Services
5 23 (10.04%) RDBMS
6 19 (8.30%) SQL Server
7 14 (6.11%) DB2
8 13 (5.68%) SQL Server Analysis Services
9 11 (4.80%) Data Warehouse
10 9 (3.93%) Amazon Athena
10 9 (3.93%) Amazon DynamoDB
10 9 (3.93%) Amazon RDS
11 6 (2.62%) MongoDB
12 5 (2.18%) Hadoop
12 5 (2.18%) SQL Server 2012
12 5 (2.18%) SQL Server 2016
13 3 (1.31%) OLAP
14 2 (0.87%) IBM InfoSphere
14 2 (0.87%) NoSQL
Development Applications
1 14 (6.11%) JIRA
2 7 (3.06%) Git (software)
3 5 (2.18%) Visual Studio
4 4 (1.75%) Jenkins
4 4 (1.75%) Maven
5 2 (0.87%) Axure RP
5 2 (0.87%) ER Studio
6 1 (0.44%) Hudson
6 1 (0.44%) JConsole
6 1 (0.44%) jMock
6 1 (0.44%) JProfiler
6 1 (0.44%) JUnit
6 1 (0.44%) TeamCity
6 1 (0.44%) VisualVM
General
1 151 (65.94%) Finance
2 126 (55.02%) Banking
3 56 (24.45%) Front Office
4 51 (22.27%) Investment Banking
5 24 (10.48%) Marketing
6 14 (6.11%) Retail Banking
7 13 (5.68%) Financial Institution
8 12 (5.24%) Retail
9 11 (4.80%) Telecoms
10 10 (4.37%) Legal
11 6 (2.62%) Advertising
11 6 (2.62%) Back Office
11 6 (2.62%) Corporate Banking
12 1 (0.44%) Automotive
12 1 (0.44%) Games
Job Titles
1 79 (34.50%) Developer
2 54 (23.58%) Analyst
2 54 (23.58%) Java Developer
3 27 (11.79%) Lead Developer
4 26 (11.35%) Lead Java Developer
5 25 (10.92%) Risk Analyst
6 24 (10.48%) Credit Analyst
7 23 (10.04%) Credit Risk Developer
7 23 (10.04%) Credit Risk Java Developer
7 23 (10.04%) J2EE Developer
7 23 (10.04%) Java/J2EE Developer
8 22 (9.61%) Consultant
9 21 (9.17%) Credit Risk Analyst
10 20 (8.73%) Qualitative Analyst
10 20 (8.73%) Quantitative Analyst
10 20 (8.73%) SQL Developer
11 18 (7.86%) Front Office Developer
11 18 (7.86%) Risk Consultant
11 18 (7.86%) Senior Developer
12 17 (7.42%) Business Analyst
Libraries, Frameworks & Software Standards
1 23 (10.04%) J2EE
1 23 (10.04%) J2SE
2 19 (8.30%) .NET
3 16 (6.99%) AngularJS
4 14 (6.11%) Natural Language Processing
5 11 (4.80%) React
5 11 (4.80%) Web Services
6 9 (3.93%) Node.js
6 9 (3.93%) WPF
7 7 (3.06%) RESTful
8 6 (2.62%) Django
8 6 (2.62%) Java Concurrency
8 6 (2.62%) NumPy
8 6 (2.62%) Pandas
8 6 (2.62%) SciPy
9 4 (1.75%) HTML
9 4 (1.75%) Kafka
9 4 (1.75%) Spring
10 3 (1.31%) CSS
10 3 (1.31%) XML
Miscellaneous
1 49 (21.40%) Market Risk
2 43 (18.78%) Derivative
3 41 (17.90%) Analytical Skills
4 35 (15.28%) Fixed Income
4 35 (15.28%) Foreign Exchange (FX)
5 32 (13.97%) Equities
5 32 (13.97%) Greenfield Project
6 23 (10.04%) Algorithms
7 13 (5.68%) Management Information System
8 11 (4.80%) Exotic Derivative
9 8 (3.49%) Hedge funds
10 4 (1.75%) User Experience
11 2 (0.87%) Data Structures
12 1 (0.44%) Cloud Native
12 1 (0.44%) OTC Derivatives
12 1 (0.44%) SWIFT
Operating Systems
1 8 (3.49%) Linux
2 5 (2.18%) Unix
3 4 (1.75%) Solaris
4 2 (0.87%) AIX
4 2 (0.87%) Windows
5 1 (0.44%) SUSE Linux Enterprise Server
Processes & Methodologies
1 71 (31.00%) Analytics
2 50 (21.83%) Credit Risk Modelling
2 50 (21.83%) Mathematics
3 48 (20.96%) Risk Management
4 44 (19.21%) Agile Software Development
5 41 (17.90%) Credit Risk Management
6 40 (17.47%) Stakeholder Management
7 36 (15.72%) Physics
8 35 (15.28%) Computer Science
8 35 (15.28%) Software Engineering
9 34 (14.85%) Data Science
9 34 (14.85%) Microservices
10 30 (13.10%) Machine Learning
11 26 (11.35%) Business Intelligence
12 23 (10.04%) Stress Testing
12 23 (10.04%) Validation
13 20 (8.73%) Web Analytics
14 19 (8.30%) Fintech
15 18 (7.86%) Asset Management
15 18 (7.86%) Predictive Modelling
Programming Languages
1 99 (43.23%) SQL
2 92 (40.17%) Java
3 69 (30.13%) Python
4 44 (19.21%) R
5 42 (18.34%) C++
6 40 (17.47%) C#
7 25 (10.92%) C
7 25 (10.92%) MATLAB
8 18 (7.86%) JavaScript
8 18 (7.86%) VBA
9 17 (7.42%) Scala
10 5 (2.18%) Bash Shell
10 5 (2.18%) T-SQL
11 4 (1.75%) Korn
11 4 (1.75%) Shell Script
12 3 (1.31%) TypeScript
13 2 (0.87%) ES6
14 1 (0.44%) ABAP
14 1 (0.44%) VB
Qualifications
1 58 (25.33%) Degree
2 30 (13.10%) PhD
3 14 (6.11%) CFA
4 9 (3.93%) SC Cleared
4 9 (3.93%) Security Cleared
5 7 (3.06%) Master's Degree
6 5 (2.18%) Computer Science Degree
7 2 (0.87%) Numerate Degree
Quality Assurance & Compliance
1 24 (10.48%) IFRS
1 24 (10.48%) IFRS 9
2 18 (7.86%) Basel II
3 8 (3.49%) CRD IV
3 8 (3.49%) Dodd-Frank
4 7 (3.06%) EMIR
4 7 (3.06%) MiFID
5 5 (2.18%) Data Quality
6 4 (1.75%) Basel III
7 3 (1.31%) QA
8 1 (0.44%) PMO
8 1 (0.44%) SLA
8 1 (0.44%) Solvency II
System Software
1 4 (1.75%) Docker
2 2 (0.87%) Tivoli Workload Scheduler
Systems Management
1 5 (2.18%) ITRS Geneos
1 5 (2.18%) SQL Sentry
2 4 (1.75%) Kubernetes
3 3 (1.31%) HP Quality Center
4 2 (0.87%) Tivoli
5 1 (0.44%) Ansible
5 1 (0.44%) Netcool
5 1 (0.44%) Opscode Chef
5 1 (0.44%) Puppet
Vendors
1 26 (11.35%) Oracle
2 14 (6.11%) Sybase
3 11 (4.80%) SAP
4 5 (2.18%) Microsoft
5 2 (0.87%) Adobe
5 2 (0.87%) DevExpress
5 2 (0.87%) IBM
5 2 (0.87%) Tableau
6 1 (0.44%) Ab Initio
6 1 (0.44%) Hyperion
6 1 (0.44%) Reuters
6 1 (0.44%) Teradata