Credit Risk Management Contracts

Credit Risk Management
UK

The following table provides summary statistics for contract job vacancies with a requirement for Credit Risk Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Risk Management over the 6 months to 20 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 574 674 854
Rank change year-on-year +100 +180 -154
Contract jobs citing Credit Risk Management 5 20 9
As % of all contract jobs advertised in the UK 0.012% 0.035% 0.010%
As % of the Processes & Methodologies category 0.014% 0.039% 0.011%
Number of daily rates quoted 5 16 5
10th Percentile £211 £383 £525
25th Percentile £396 - £563
Median daily rate (50th Percentile) £600 £400 £650
Median % change year-on-year +50.00% -38.46% +24.70%
75th Percentile £644 £616 £950
90th Percentile £948 £746 £980
UK excluding London median daily rate £600 £400 -
% change year-on-year +50.00% - -

All Process and Methodology Skills
UK

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 contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 36,622 51,397 80,021
As % of all contract IT jobs advertised in the UK 86.09% 89.76% 90.61%
Number of daily rates quoted 23,613 35,611 56,174
10th Percentile £300 £325 £344
25th Percentile £413 £439 £430
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +7.07%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £480
% change year-on-year - +4.17% +9.09%
Number of hourly rates quoted 2,439 1,690 1,913
10th Percentile £12.75 £10.63 £12.50
25th Percentile £16.00 £15.77 £15.50
Median hourly rate £36.50 £36.00 £25.68
Median % change year-on-year +1.39% +40.19% +7.00%
75th Percentile £60.00 £65.00 £49.50
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.00 £35.00 £20.00
% change year-on-year +8.57% +75.00% -6.54%

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
Contractor Daily Rate Trend

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

Daily rate trend for Credit Risk Management in the UK

Credit Risk Management
Daily Rate Histogram

Daily rate distribution for jobs citing Credit Risk Management over the 6 months to 20 May 2024.

Daily rate histogram for Credit Risk Management in the UK

Credit Risk Management
Contractor Hourly Rate Trend

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

Hourly rate trend for Credit Risk Management in the UK

Credit Risk Management
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Risk Management within the UK over the 6 months to 20 May 2024. 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +100 5 £600 +50.00% 16
London +96 4 £518 -21.89% 15
Work from Home +106 1 £88 -78.40% 6
UK excluding London +42 1 £600 +50.00% 2
South East - 1 £600 - 1

Credit Risk Management
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 2 (40.00%) SharePoint
2 1 (20.00%) SAS
Applications
1 2 (40.00%) Microsoft Excel
2 1 (20.00%) Microsoft Office
2 1 (20.00%) Microsoft Project
Cloud Services
1 1 (20.00%) Asana
Database & Business Intelligence
1 2 (40.00%) KNIME
2 1 (20.00%) MS Access
2 1 (20.00%) RDBMS
2 1 (20.00%) Relational Database
Development Applications
1 1 (20.00%) JIRA
General
1 3 (60.00%) Finance
2 2 (40.00%) Financial Institution
3 1 (20.00%) Banking
3 1 (20.00%) Retail
3 1 (20.00%) Social Skills
Job Titles
1 2 (40.00%) Analyst
1 2 (40.00%) Credit Risk Manager
1 2 (40.00%) Data Analyst
1 2 (40.00%) Risk Manager
2 1 (20.00%) Banking Project Manager
2 1 (20.00%) C++ Developer
2 1 (20.00%) C++ Quantitative Developer
2 1 (20.00%) Credit Risk Project Manager
2 1 (20.00%) Developer
2 1 (20.00%) Project Manager
2 1 (20.00%) Quantitative Developer
2 1 (20.00%) Risk Project Manager
2 1 (20.00%) Transformation Analyst
Miscellaneous
1 5 (100.00%) Credit Risk
2 1 (20.00%) Algorithms
Processes & Methodologies
1 4 (80.00%) Analytics
1 4 (80.00%) Risk Management
2 2 (40.00%) Business Intelligence
2 2 (40.00%) Data Pipeline
2 2 (40.00%) Workflow
3 1 (20.00%) Computer Science
3 1 (20.00%) Credit Risk Modelling
3 1 (20.00%) Curve Construction
3 1 (20.00%) Data Analytics
3 1 (20.00%) Data Management
3 1 (20.00%) Data Modelling
3 1 (20.00%) Mathematics
3 1 (20.00%) Problem-Solving
3 1 (20.00%) Project Delivery
3 1 (20.00%) Project Management
3 1 (20.00%) Project Planning
3 1 (20.00%) Prototyping
3 1 (20.00%) Quantitative Finance
3 1 (20.00%) Stakeholder Management
3 1 (20.00%) Stress Testing
Programming Languages
1 2 (40.00%) Python
1 2 (40.00%) SQL
1 2 (40.00%) VBA
2 1 (20.00%) C++
2 1 (20.00%) JavaScript
2 1 (20.00%) R
2 1 (20.00%) VB
Qualifications
1 2 (40.00%) CISA
1 2 (40.00%) CRISC
2 1 (20.00%) Computer Science Degree
2 1 (20.00%) Degree
Quality Assurance & Compliance
1 1 (20.00%) Accessibility
1 1 (20.00%) IFRS
1 1 (20.00%) IFRS 9
Vendors
1 2 (40.00%) Microsoft