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 9 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 664 797 784
Rank change year-on-year +133 -13 +5
Permanent jobs citing Credit Risk 242 175 484
As % of all permanent jobs advertised in the UK 0.24% 0.17% 0.31%
As % of the Miscellaneous category 0.69% 0.40% 0.65%
Number of salaries quoted 74 92 195
10th Percentile £38,750 £35,038 £43,500
25th Percentile £43,250 £37,885 £58,818
Median annual salary (50th Percentile) £51,528 £55,000 £77,500
Median % change year-on-year -6.31% -29.03% -29.55%
75th Percentile £95,000 £72,625 £100,000
90th Percentile £129,250 £94,242 £132,500
UK excluding London median annual salary £51,528 £42,500 £60,000
% change year-on-year +21.24% -29.17% +15.38%

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 35,043 43,311 74,759
As % of all permanent jobs advertised in the UK 35.36% 42.74% 47.65%
Number of salaries quoted 23,056 23,480 33,820
10th Percentile £28,000 £35,250 £34,500
25th Percentile £38,000 £46,250 £45,750
Median annual salary (50th Percentile) £55,000 £65,000 £62,500
Median % change year-on-year -15.38% +4.00% +4.17%
75th Percentile £75,000 £86,250 £84,000
90th Percentile £97,500 £107,550 £102,500
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +5.00%

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 9 May 2024.

Salary histogram for Credit Risk in the UK

Credit Risk
Top 15 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 9 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
UK excluding London +111 190 £51,528 +21.24% 24
England +100 159 £51,528 -14.12% 88
Scotland +4 75 £51,528 +28.46%
Work from Home +52 52 £51,528 -6.11% 92
London +63 48 £89,750 +38.08% 63
North of England +52 45 £51,528 +21.24% 9
South West -10 26 - -
Yorkshire +71 21 £51,528 +21.24% 4
Midlands +6 21 £45,500 +44.44% 6
South East +19 19 - - 5
North West +21 12 - - 4
North East +6 12 £42,500 -50.00% 1
East Midlands -10 10 - - 2
West Midlands +18 7 £42,500 -34.62% 4
Wales +2 4 £51,528 - 4

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 97 (40.08%) SAS
2 15 (6.20%) Apache
2 15 (6.20%) Apache Spark
3 5 (2.07%) SharePoint
4 2 (0.83%) GlassFish
4 2 (0.83%) JCAPS
4 2 (0.83%) WebLogic
4 2 (0.83%) WebSphere
4 2 (0.83%) WebSphere Application Server
Applications
1 13 (5.37%) Microsoft Excel
2 12 (4.96%) Microsoft Office
3 7 (2.89%) Microsoft PowerPoint
4 2 (0.83%) EViews
4 2 (0.83%) SPSS
Business Applications
1 7 (2.89%) Adaptiv
Cloud Services
1 9 (3.72%) Power Platform
2 6 (2.48%) AWS
3 5 (2.07%) GCP
4 4 (1.65%) Amazon EC2
4 4 (1.65%) Amazon EKS
4 4 (1.65%) Amazon S3
4 4 (1.65%) AWS Lambda
4 4 (1.65%) SaaS
4 4 (1.65%) Serverless
4 4 (1.65%) Vertex AI
5 3 (1.24%) Figma
6 2 (0.83%) Azure
7 1 (0.41%) Snowflake
7 1 (0.41%) WhatsApp
Communications & Networking
1 2 (0.83%) FTP
Database & Business Intelligence
1 9 (3.72%) Power BI
2 8 (3.31%) Big Data
3 6 (2.48%) Tableau
4 4 (1.65%) Data Warehouse
4 4 (1.65%) Metadata
4 4 (1.65%) Relational Database
5 2 (0.83%) Data Mining
5 2 (0.83%) Elasticsearch
5 2 (0.83%) SQL Server
6 1 (0.41%) Base SAS
6 1 (0.41%) Data Mart
6 1 (0.41%) RDBMS
6 1 (0.41%) SAS EBI
Development Applications
1 8 (3.31%) Maven
2 5 (2.07%) Git
3 4 (1.65%) Bitbucket
3 4 (1.65%) JIRA
3 4 (1.65%) Sourcetree
4 2 (0.83%) Ant
4 2 (0.83%) JUnit
4 2 (0.83%) Subversion
5 1 (0.41%) Postman
General
1 203 (83.88%) Finance
2 118 (48.76%) Banking
3 105 (43.39%) Social Skills
4 97 (40.08%) Analytical Skills
5 78 (32.23%) Legal
6 72 (29.75%) Inclusion and Diversity
6 72 (29.75%) Law
7 61 (25.21%) Marketing
8 40 (16.53%) Publishing
9 31 (12.81%) Retail
10 25 (10.33%) Investment Banking
11 20 (8.26%) Presentation Skills
12 17 (7.02%) Front Office
13 13 (5.37%) Retail Finance
14 5 (2.07%) Telecoms
15 4 (1.65%) Financial Institution
16 2 (0.83%) Back Office
16 2 (0.83%) International Banking
16 2 (0.83%) Wholesale Banking
17 1 (0.41%) Organisational Skills
Job Titles
1 90 (37.19%) Senior
2 65 (26.86%) Analyst
3 40 (16.53%) Senior Data Warehouse Specialist
4 33 (13.64%) Senior Analyst
5 29 (11.98%) Architect
6 28 (11.57%) Java Architect
6 28 (11.57%) Principal Architect
7 27 (11.16%) Risk Analyst
8 26 (10.74%) Credit Analyst
8 26 (10.74%) Credit Risk Analyst
8 26 (10.74%) Software Engineer
9 18 (7.44%) Data Scientist
10 14 (5.79%) Java Engineer
10 14 (5.79%) Java Software Engineer
10 14 (5.79%) Senior Risk Analyst
11 13 (5.37%) Senior Credit Risk Analyst
12 12 (4.96%) Lead
12 12 (4.96%) Project Manager
13 10 (4.13%) Senior Manager
14 8 (3.31%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 8 (3.31%) Spring
2 7 (2.89%) React
3 6 (2.48%) Spring Boot
4 4 (1.65%) CSS
4 4 (1.65%) HTML
4 4 (1.65%) lodash
4 4 (1.65%) Node.js
4 4 (1.65%) SVG
4 4 (1.65%) Tidyverse
5 2 (0.83%) .NET
5 2 (0.83%) DOM
5 2 (0.83%) J2EE
5 2 (0.83%) Java EE
5 2 (0.83%) JDBC
5 2 (0.83%) JMS
5 2 (0.83%) Kafka
5 2 (0.83%) Middleware
5 2 (0.83%) SAX
5 2 (0.83%) WebSphere MQ
5 2 (0.83%) XML
Miscellaneous
1 33 (13.64%) Product Ownership
2 30 (12.40%) Cloud Native
3 15 (6.20%) Algorithms
3 15 (6.20%) Derivative
4 12 (4.96%) Market Risk
5 9 (3.72%) Foreign Exchange (FX)
6 8 (3.31%) Management Information System
6 8 (3.31%) Onboarding
6 8 (3.31%) Self-Motivation
7 7 (2.89%) Credit Derivative
8 6 (2.48%) Public Cloud
9 3 (1.24%) Hedge funds
10 2 (0.83%) Enterprise Software
11 1 (0.41%) Blockchain
11 1 (0.41%) Client/Server
Operating Systems
1 5 (2.07%) Unix
2 4 (1.65%) Linux
Processes & Methodologies
1 113 (46.69%) Risk Management
2 83 (34.30%) Analytics
3 70 (28.93%) Decision-Making
4 62 (25.62%) Stress Testing
5 61 (25.21%) Economics
6 59 (24.38%) Agile
7 57 (23.55%) Data Analysis
8 54 (22.31%) Software Engineering
9 51 (21.07%) Operational Stability
10 48 (19.83%) Credit Risk Management
11 42 (17.36%) Machine Learning
12 40 (16.53%) Benchmarking
12 40 (16.53%) Budget Responsibility
13 36 (14.88%) Artificial Intelligence
14 34 (14.05%) Problem-Solving
15 31 (12.81%) Customer Service
15 31 (12.81%) Data Science
16 30 (12.40%) Scrum
16 30 (12.40%) Validation
17 28 (11.57%) Data Architecture
Programming Languages
1 88 (36.36%) Python
2 50 (20.66%) Java
3 44 (18.18%) SQL
4 35 (14.46%) R
5 7 (2.89%) JavaScript
5 7 (2.89%) TypeScript
6 3 (1.24%) C++
6 3 (1.24%) MATLAB
7 2 (0.83%) Shell Script
7 2 (0.83%) XPath
8 1 (0.41%) C
Qualifications
1 56 (23.14%) Degree
2 4 (1.65%) Computer Science Degree
2 4 (1.65%) Numerate Degree
3 3 (1.24%) Master's Degree
3 3 (1.24%) PhD
4 1 (0.41%) DBS Check
Quality Assurance & Compliance
1 71 (29.34%) IFRS
2 62 (25.62%) IFRS 9
3 18 (7.44%) CRD IV
4 5 (2.07%) Data Quality
4 5 (2.07%) SLA
5 4 (1.65%) Actionable Recommendations
6 3 (1.24%) QA
7 2 (0.83%) COREP
7 2 (0.83%) FINREP
8 1 (0.41%) Accessibility
8 1 (0.41%) Basel III
System Software
1 5 (2.07%) Active Directory
2 4 (1.65%) Docker
Systems Management
1 7 (2.89%) Control-M
2 6 (2.48%) Kubernetes
3 5 (2.07%) Oracle Enterprise Manager
3 5 (2.07%) SafeCom
Vendors
1 24 (9.92%) Microsoft
2 14 (5.79%) Oracle
3 8 (3.31%) Apttus
4 7 (2.89%) Alteryx
5 6 (2.48%) Pega
5 6 (2.48%) UiPath
6 5 (2.07%) SolarWinds
6 5 (2.07%) Veritas
7 4 (1.65%) Google
8 1 (0.41%) MicroStrategy
8 1 (0.41%) Twitter