Credit Risk Contracts

Credit Risk
UK

The table below looks at the prevalence of the term Credit Risk in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Risk over the 6 months to 20 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 475 544 625
Rank change year-on-year +69 +81 -95
Contract jobs citing Credit Risk 104 150 238
As % of all contract jobs advertised in the UK 0.24% 0.26% 0.27%
As % of the Miscellaneous category 0.81% 0.79% 0.81%
Number of daily rates quoted 63 102 176
10th Percentile £366 £400 £422
25th Percentile £450 £553 £521
Median daily rate (50th Percentile) £550 £650 £660
Median % change year-on-year -15.38% -1.52% +5.60%
75th Percentile £647 £775 £800
90th Percentile £825 £875 £909
UK excluding London median daily rate £465 £400 £500
% change year-on-year +16.25% -20.00% +12.68%

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 contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 12,902 19,052 29,287
As % of all contract IT jobs advertised in the UK 30.33% 33.27% 33.16%
Number of daily rates quoted 8,318 13,115 20,490
10th Percentile £267 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £663 £680 £660
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 897 626 721
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £31.50 £22.26 £27.00
Median % change year-on-year +41.54% -17.57% +3.85%
75th Percentile £61.30 £62.25 £50.00
90th Percentile £70.00 £75.00 £65.76
UK excluding London median hourly rate £30.00 £22.00 £21.00
% change year-on-year +36.36% +4.76% -10.83%

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
Contractor Daily Rate Trend

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

Daily rate trend for Credit Risk in the UK

Credit Risk
Daily Rate Histogram

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

Daily rate histogram for Credit Risk in the UK

Credit Risk
Contractor Hourly Rate Trend

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

Hourly rate trend for Credit Risk in the UK

Credit Risk
Top 14 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 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 +59 89 £550 -15.38% 104
UK excluding London +77 53 £465 +16.25% 32
London +33 48 £620 -11.43% 79
South East +47 30 £575 -8.00% 12
Work from Home +94 20 £500 -18.37% 131
Scotland +50 10 £650 +51.16% 1
Midlands +6 7 £455 +13.75% 5
East Midlands +10 6 £455 +13.75% 3
North of England +30 4 £465 +16.25% 11
North West +16 3 £465 +16.25% 2
Wales - 3 £412 - 2
South West - 2 £450 -
Yorkshire +19 1 £550 +28.50% 8
West Midlands +16 1 - - 2

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 18 (17.31%) SAS
2 4 (3.85%) Confluence
2 4 (3.85%) SharePoint
Applications
1 5 (4.81%) Microsoft Excel
1 5 (4.81%) MS Visio
2 3 (2.88%) SPSS
3 2 (1.92%) Microsoft Office
4 1 (0.96%) Adobe Illustrator
4 1 (0.96%) Microsoft Project
4 1 (0.96%) Photoshop
Cloud Services
1 22 (21.15%) Snowflake
2 14 (13.46%) AWS
3 5 (4.81%) Amazon S3
4 4 (3.85%) Amazon EC2
4 4 (3.85%) Amazon EKS
4 4 (3.85%) AWS Lambda
4 4 (3.85%) Power Platform
4 4 (3.85%) Serverless
5 3 (2.88%) WhatsApp
6 2 (1.92%) Azure
7 1 (0.96%) Amazon CloudWatch
7 1 (0.96%) Asana
7 1 (0.96%) Azure DevOps
7 1 (0.96%) Figma
7 1 (0.96%) GitHub
7 1 (0.96%) GitHub Actions
Database & Business Intelligence
1 23 (22.12%) Tableau
2 6 (5.77%) Data Lake
3 4 (3.85%) Big Data
3 4 (3.85%) Power BI
4 3 (2.88%) Data Mining
5 2 (1.92%) Data Warehouse
5 2 (1.92%) KNIME
5 2 (1.92%) Relational Database
6 1 (0.96%) Apache Hive
6 1 (0.96%) Hadoop
6 1 (0.96%) Impala
6 1 (0.96%) MS Access
6 1 (0.96%) MySQL
6 1 (0.96%) RDBMS
6 1 (0.96%) SQL Server
Development Applications
1 15 (14.42%) JIRA
2 10 (9.62%) Git
3 7 (6.73%) Jenkins
4 4 (3.85%) Bitbucket
4 4 (3.85%) Sourcetree
5 1 (0.96%) AppScan
5 1 (0.96%) Axure RP
5 1 (0.96%) Burp Suite
5 1 (0.96%) GitLab
5 1 (0.96%) SonarQube
General
1 75 (72.12%) Finance
2 31 (29.81%) Analytical Skills
3 30 (28.85%) Banking
4 24 (23.08%) Social Skills
5 22 (21.15%) Legal
6 12 (11.54%) Retail
7 9 (8.65%) Investment Banking
8 7 (6.73%) Wholesale Banking
9 6 (5.77%) Corporate Banking
9 6 (5.77%) Retail Banking
10 5 (4.81%) Financial Institution
11 4 (3.85%) Influencing Skills
12 3 (2.88%) Public Sector
13 2 (1.92%) Electronics
13 2 (1.92%) Manufacturing
13 2 (1.92%) Marketing
13 2 (1.92%) Retail Finance
13 2 (1.92%) Telecoms
14 1 (0.96%) Front Office
Job Titles
1 51 (49.04%) Analyst
2 21 (20.19%) Lead
3 19 (18.27%) Data Analyst
4 12 (11.54%) Lead Data Analyst
5 11 (10.58%) Credit Analyst
5 11 (10.58%) Senior
6 10 (9.62%) Developer
7 9 (8.65%) Architect
8 8 (7.69%) Risk Analyst
9 7 (6.73%) Business Analyst
9 7 (6.73%) Credit Risk Analyst
9 7 (6.73%) Qualitative Analyst
9 7 (6.73%) Quantitative Analyst
9 7 (6.73%) Risk Manager
10 6 (5.77%) Senior Developer
10 6 (5.77%) Solutions Architect
11 5 (4.81%) Project Manager
11 5 (4.81%) Risk Business Analyst
12 4 (3.85%) Credit Risk Manager
12 4 (3.85%) Mainframe Analyst
Libraries, Frameworks & Software Standards
1 1 (0.96%) AngularJS
1 1 (0.96%) CSS
1 1 (0.96%) Elastic Stack
1 1 (0.96%) HTML
1 1 (0.96%) ODBC
1 1 (0.96%) Shiny
Miscellaneous
1 14 (13.46%) Market Risk
2 4 (3.85%) Mainframe
2 4 (3.85%) Self-Motivation
3 3 (2.88%) Reference Data
4 1 (0.96%) Algorithms
4 1 (0.96%) Blog
4 1 (0.96%) Derivative
4 1 (0.96%) Public Cloud
Operating Systems
1 5 (4.81%) Linux
Processes & Methodologies
1 42 (40.38%) Analytics
2 29 (27.88%) Problem-Solving
3 26 (25.00%) Decision-Making
4 23 (22.12%) Actionable Insight
4 23 (22.12%) Dashboard Development
5 22 (21.15%) Mathematics
6 16 (15.38%) Stress Testing
7 15 (14.42%) Risk Management
8 12 (11.54%) Portfolio Management
8 12 (11.54%) Statistics
9 10 (9.62%) Performance Analysis
10 9 (8.65%) DevOps
10 9 (8.65%) Project Management
11 8 (7.69%) Credit Risk Analysis
11 8 (7.69%) Financial Modelling
11 8 (7.69%) Risk Analysis
11 8 (7.69%) Stakeholder Management
12 7 (6.73%) Agile
12 7 (6.73%) Credit Risk Modelling
12 7 (6.73%) Data Science
Programming Languages
1 21 (20.19%) Python
2 16 (15.38%) SQL
3 8 (7.69%) R
4 6 (5.77%) VBA
5 4 (3.85%) Java
6 3 (2.88%) C++
6 3 (2.88%) MATLAB
7 2 (1.92%) JavaScript
8 1 (0.96%) Bash
8 1 (0.96%) PowerShell
8 1 (0.96%) VB
Qualifications
1 26 (25.00%) Degree
2 7 (6.73%) Computer Science Degree
2 7 (6.73%) Master's Degree
3 5 (4.81%) MBA
4 4 (3.85%) PhD
5 3 (2.88%) CFA
5 3 (2.88%) Postgraduate
6 2 (1.92%) CISA
6 2 (1.92%) CRISC
6 2 (1.92%) PRINCE2 Certification
Quality Assurance & Compliance
1 10 (9.62%) IFRS
1 10 (9.62%) IFRS 9
2 4 (3.85%) Basel III
3 1 (0.96%) Accessibility
3 1 (0.96%) Basel II
3 1 (0.96%) Data Quality
3 1 (0.96%) PMO
3 1 (0.96%) QA
System Software
1 5 (4.81%) Docker
Systems Management
1 7 (6.73%) Progress Chef
2 1 (0.96%) Ansible
2 1 (0.96%) Grafana
2 1 (0.96%) Graylog
2 1 (0.96%) HP Fortify
2 1 (0.96%) Kubernetes
2 1 (0.96%) Nessus
2 1 (0.96%) Prometheus
2 1 (0.96%) Puppet
2 1 (0.96%) Terraform
2 1 (0.96%) WebInspect
Vendors
1 22 (21.15%) Alteryx
2 7 (6.73%) Microsoft
3 4 (3.85%) Oracle
4 2 (1.92%) CA
4 2 (1.92%) SAP
5 1 (0.96%) Adobe
5 1 (0.96%) Checkmarx
5 1 (0.96%) Splunk
5 1 (0.96%) Veracode