Credit Risk Modelling Contracts with Work from Home Options

Credit Risk Modelling
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and 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 2 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
2 May 2024
Same period 2023 Same period 2022
Rank 341 - 621
Rank change year-on-year - - -140
Contract jobs citing Credit Risk Modelling 3 0 2
As % of all contract jobs with a WFH option 0.020% - 0.004%
As % of the Processes & Methodologies category 0.022% - 0.005%
Number of daily rates quoted 2 0 1
10th Percentile £542 - -
25th Percentile £546 - -
Median daily rate (50th Percentile) £558 - £450
Median % change year-on-year - - -35.71%
75th Percentile £576 - -
90th Percentile £583 - -
UK median daily rate £575 £805 £850
% change year-on-year -28.57% -5.29% +21.43%

All Process and Methodology Skills
Work from Home

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 with a WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 13,413 23,039 40,643
As % of all contract jobs with a WFH option 87.92% 89.76% 91.17%
Number of daily rates quoted 8,959 16,290 29,502
10th Percentile £325 £363 £361
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +8.81%
75th Percentile £638 £650 £625
90th Percentile £750 £750 £719
UK median daily rate £525 £550 £528
% change year-on-year -4.55% +4.17% +8.31%
Number of hourly rates quoted 580 529 544
10th Percentile £15.17 £19.00 £13.58
25th Percentile £25.38 £30.54 £19.98
Median hourly rate £43.00 £55.00 £35.00
Median % change year-on-year -21.82% +57.14% +34.62%
75th Percentile £60.00 £68.75 £55.00
90th Percentile £75.25 £80.00 £67.35
UK median hourly rate £35.58 £36.00 £25.00
% change year-on-year -1.18% +44.00% -

Credit Risk Modelling
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Credit Risk Modelling as a proportion of all IT jobs advertised.

Credit Risk Modelling trend for jobs with a WFH option

Credit Risk Modelling
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Credit Risk Modelling.

Credit Risk Modelling daily rate for jobs with a WFH option

Credit Risk Modelling
Co-occurring Skills and Capabilities with WFH Options 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 1 (33.33%) SAS
1 1 (33.33%) SharePoint
Applications
1 1 (33.33%) Microsoft Excel
1 1 (33.33%) MS Visio
General
1 1 (33.33%) Banking
1 1 (33.33%) Finance
1 1 (33.33%) Influencing Skills
1 1 (33.33%) Retail
1 1 (33.33%) Social Skills
Job Titles
1 1 (33.33%) Consultant
1 1 (33.33%) Credit Risk Modeller
1 1 (33.33%) Data Consultant
1 1 (33.33%) Data Validation Consultant
1 1 (33.33%) Validation Consultant
Miscellaneous
1 3 (100.00%) Credit Risk
Processes & Methodologies
1 3 (100.00%) Validation
2 2 (66.67%) Model Validation
2 2 (66.67%) Stress Testing
3 1 (33.33%) Analytics
3 1 (33.33%) Data Analysis
3 1 (33.33%) Data Modelling
3 1 (33.33%) Data Validation
3 1 (33.33%) Economics
3 1 (33.33%) Internal Audit
3 1 (33.33%) Mathematics
3 1 (33.33%) Operations Research
3 1 (33.33%) Physics
3 1 (33.33%) Quantitative Analysis
3 1 (33.33%) Risk Management
3 1 (33.33%) Statistics
Programming Languages
1 1 (33.33%) C++
1 1 (33.33%) Python
1 1 (33.33%) SQL
Qualifications
1 1 (33.33%) Degree
1 1 (33.33%) Master's Degree
1 1 (33.33%) MBA
1 1 (33.33%) PhD
Quality Assurance & Compliance
1 2 (66.67%) IFRS
1 2 (66.67%) IFRS 9
Vendors
1 1 (33.33%) CA