Credit Risk Modelling Contracts in the UK excluding London

Credit Risk Modelling
UK > UK excluding London

The following table provides summary statistics for contract job vacancies advertised in the UK excluding London with a requirement for Credit Risk Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Risk Modelling over the 6 months to 1 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 May 2024
Same period 2023 Same period 2022
Rank 396 - 509
Rank change year-on-year - - -
Contract jobs citing Credit Risk Modelling 1 0 1
As % of all contract jobs advertised in the UK excluding London 0.005% - 0.003%
As % of the Processes & Methodologies category 0.006% - 0.004%
Number of daily rates quoted 1 0 1
10th Percentile - - -
25th Percentile £563 - -
Median daily rate (50th Percentile) £575 - £450
75th Percentile £588 - -
90th Percentile - - -
UK median daily rate £575 £805 £850
% change year-on-year -28.57% -5.29% +21.43%

All Process and Methodology Skills
UK excluding London

Credit Risk Modelling 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 advertised in the UK excluding London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 17,590 21,477 27,470
As % of all contract IT jobs advertised in the UK excluding London 84.75% 89.51% 88.94%
Number of daily rates quoted 10,508 14,895 19,183
10th Percentile £250 £255 £231
25th Percentile £380 £400 £385
Median daily rate (50th Percentile) £500 £500 £475
Median % change year-on-year - +5.26% +8.63%
75th Percentile £600 £600 £575
90th Percentile £688 £688 £650
UK median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +7.69%
Number of hourly rates quoted 2,055 1,305 1,364
10th Percentile £12.32 £11.00 £12.00
25th Percentile £15.22 £15.81 £14.00
Median hourly rate £36.50 £35.00 £20.00
Median % change year-on-year +4.29% +75.00% -8.00%
75th Percentile £60.00 £65.00 £46.11
90th Percentile £72.50 £72.98 £60.00
UK median hourly rate £35.50 £36.42 £25.00
% change year-on-year -2.53% +45.69% -

Credit Risk Modelling
Job Vacancy Trend in the UK excluding London

Job postings citing Credit Risk Modelling as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Credit Risk Modelling in the UK excluding London

Credit Risk Modelling
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Credit Risk Modelling in the UK excluding London.

Daily rate trend for Credit Risk Modelling in the UK excluding London

Credit Risk Modelling
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Risk Modelling within the UK excluding London region over the 6 months to 1 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
South East - 1 £575 -
Credit Risk Modelling
UK

Credit Risk Modelling
Co-occurring Skills and Capabilities in the UK excluding London 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:

Job Titles
1 1 (100.00%) Credit Risk Modeller
Miscellaneous
1 1 (100.00%) Credit Risk
Processes & Methodologies
1 1 (100.00%) Analytics
1 1 (100.00%) Data Modelling
1 1 (100.00%) Internal Audit
1 1 (100.00%) Stress Testing
1 1 (100.00%) Validation
Quality Assurance & Compliance
1 1 (100.00%) IFRS
1 1 (100.00%) IFRS 9