Credit Risk Contracts with Work from Home Options

Credit Risk
UK > Work from Home

The table below looks at the prevalence of the term Credit Risk in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Risk over the 6 months to 1 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 327 424 558
Rank change year-on-year +97 +134 -104
Contract jobs citing Credit Risk 21 37 70
As % of all contract jobs with a WFH option 0.14% 0.15% 0.16%
As % of the Miscellaneous category 0.50% 0.48% 0.50%
Number of daily rates quoted 17 21 56
10th Percentile £351 £403 £443
25th Percentile £445 £439 £499
Median daily rate (50th Percentile) £450 £600 £650
Median % change year-on-year -25.00% -7.69% +23.81%
75th Percentile £588 £669 £750
90th Percentile £620 £718 £844
UK median daily rate £510 £671 £675
% change year-on-year -23.99% -0.59% +8.00%

All Generic Skills
Work from Home

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 WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,234 7,633 13,964
As % of all contract jobs with a WFH option 28.92% 31.67% 31.64%
Number of daily rates quoted 2,887 5,414 10,050
10th Percentile £325 £363 £363
25th Percentile £440 £455 £445
Median daily rate (50th Percentile) £550 £550 £550
Median % change year-on-year - - +10.00%
75th Percentile £675 £680 £650
90th Percentile £825 £800 £750
UK median daily rate £538 £550 £550
% change year-on-year -2.18% - +10.00%
Number of hourly rates quoted 184 147 220
10th Percentile £15.73 £19.00 £15.00
25th Percentile £25.50 £25.36 £20.75
Median hourly rate £51.00 £52.50 £44.50
Median % change year-on-year -2.86% +17.98% +27.14%
75th Percentile £70.00 £70.00 £61.66
90th Percentile £72.50 £75.00 £68.30
UK median hourly rate £35.00 £22.13 £26.98
% change year-on-year +58.19% -17.99% +5.80%

Credit Risk
Trend for Jobs with a WFH Option

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

Credit Risk trend for jobs with a WFH option

Credit Risk
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.

Credit Risk daily rate for jobs with a WFH option

Credit Risk
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Credit Risk over the 6 months to 1 June 2024.

Credit Risk daily rate histogram for jobs with a WFH option

Credit Risk
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 6 (28.57%) SAS
2 2 (9.52%) SharePoint
Applications
1 2 (9.52%) Microsoft Excel
1 2 (9.52%) MS Visio
2 1 (4.76%) Microsoft Office
Cloud Services
1 3 (14.29%) WhatsApp
2 1 (4.76%) Amazon S3
2 1 (4.76%) AWS
2 1 (4.76%) Azure
2 1 (4.76%) Azure DevOps
2 1 (4.76%) Power Platform
Database & Business Intelligence
1 1 (4.76%) Data Lake
1 1 (4.76%) Data Warehouse
1 1 (4.76%) KNIME
1 1 (4.76%) MS Access
1 1 (4.76%) Power BI
1 1 (4.76%) RDBMS
1 1 (4.76%) Relational Database
Development Applications
1 1 (4.76%) Git
1 1 (4.76%) Jenkins
1 1 (4.76%) JIRA
General
1 13 (61.90%) Finance
2 8 (38.10%) Banking
3 4 (19.05%) Social Skills
4 2 (9.52%) Retail
5 1 (4.76%) Financial Institution
5 1 (4.76%) Influencing Skills
5 1 (4.76%) Retail Finance
Job Titles
1 6 (28.57%) Analyst
2 4 (19.05%) Architect
2 4 (19.05%) Risk Analyst
3 3 (14.29%) Credit Analyst
3 3 (14.29%) Data Modeller
3 3 (14.29%) Security Architect
4 2 (9.52%) Credit Risk Analyst
4 2 (9.52%) Credit Risk Modeller
4 2 (9.52%) SAS Modeller
4 2 (9.52%) Scrum Master
4 2 (9.52%) Senior
5 1 (4.76%) Banking Project Manager
5 1 (4.76%) Credit Risk Manager
5 1 (4.76%) Data Consultant
5 1 (4.76%) Data Science Developer
5 1 (4.76%) Data Validation Consultant
5 1 (4.76%) R Developer
5 1 (4.76%) Research Analyst
5 1 (4.76%) Senior Research Analyst
5 1 (4.76%) Validation Consultant
Libraries, Frameworks & Software Standards
1 1 (4.76%) ODBC
1 1 (4.76%) Shiny
Miscellaneous
1 2 (9.52%) Market Risk
2 1 (4.76%) Blog
2 1 (4.76%) Reference Data
Processes & Methodologies
1 9 (42.86%) Analytics
2 6 (28.57%) Stress Testing
3 5 (23.81%) Business Strategy
3 5 (23.81%) Data Modelling
4 4 (19.05%) Agile
4 4 (19.05%) Portfolio Management
4 4 (19.05%) Risk Management
4 4 (19.05%) Validation
5 3 (14.29%) Credit Risk Modelling
5 3 (14.29%) DevOps
5 3 (14.29%) Regulatory Compliance
5 3 (14.29%) Scaled Agile Framework
6 2 (9.52%) Data Science
6 2 (9.52%) Internal Audit
6 2 (9.52%) Model Validation
6 2 (9.52%) Scrum
6 2 (9.52%) Servant Leadership
6 2 (9.52%) Sprint Planning
6 2 (9.52%) Sprint Retrospective
6 2 (9.52%) Sprint Review
Programming Languages
1 6 (28.57%) SQL
2 3 (14.29%) Python
3 2 (9.52%) R
3 2 (9.52%) VBA
4 1 (4.76%) C++
4 1 (4.76%) JavaScript
4 1 (4.76%) MATLAB
4 1 (4.76%) VB
Qualifications
1 2 (9.52%) Degree
1 2 (9.52%) Master's Degree
1 2 (9.52%) MBA
2 1 (4.76%) CFA
2 1 (4.76%) CISA
2 1 (4.76%) CRISC
2 1 (4.76%) PhD
2 1 (4.76%) Postgraduate
Quality Assurance & Compliance
1 5 (23.81%) IFRS
1 5 (23.81%) IFRS 9
2 1 (4.76%) Accessibility
2 1 (4.76%) PMO
Systems Management
1 1 (4.76%) Progress Chef
Vendors
1 1 (4.76%) CA
1 1 (4.76%) Microsoft