Financial Modelling Contracts in England

Financial Modelling
UK > England

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

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 488 605 676
Rank change year-on-year +117 +71 -85
Contract jobs citing Financial Modelling 60 51 114
As % of all contract jobs advertised in England 0.16% 0.10% 0.16%
As % of the Processes & Methodologies category 0.19% 0.11% 0.18%
Number of daily rates quoted 23 36 77
10th Percentile £452 £473 £425
25th Percentile £469 £572 £475
Median daily rate (50th Percentile) £575 £628 £547
Median % change year-on-year -8.37% +14.79% +9.33%
75th Percentile £713 £735 £650
90th Percentile £875 £800 £800
UK median daily rate £538 £625 £547
% change year-on-year -14.00% +14.33% +4.12%
Number of hourly rates quoted 0 1 1
10th Percentile - - -
25th Percentile - £22.00 £90.50
Median hourly rate - £24.00 £91.00
Median % change year-on-year - -73.63% +152.22%
75th Percentile - £26.00 £91.50
90th Percentile - - -
UK median hourly rate - £24.00 £58.50
% change year-on-year - -58.97% +62.14%

All Process and Methodology Skills
England

Financial 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 England with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 32,103 45,050 64,614
As % of all contract IT jobs advertised in England 86.60% 90.20% 90.79%
Number of daily rates quoted 21,075 31,613 45,917
10th Percentile £300 £325 £331
25th Percentile £413 £445 £425
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.61%
75th Percentile £650 £675 £650
90th Percentile £750 £763 £750
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.72%
Number of hourly rates quoted 2,251 1,592 1,754
10th Percentile £12.92 £11.00 £12.50
25th Percentile £16.00 £16.25 £15.25
Median hourly rate £36.50 £37.15 £24.35
Median % change year-on-year -1.75% +52.57% +3.62%
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £64.42
UK median hourly rate £35.96 £36.00 £25.00
% change year-on-year -0.11% +44.00% +2.04%

Financial Modelling
Job Vacancy Trend in England

Job postings citing Financial Modelling as a proportion of all IT jobs advertised in England.

Job vacancy trend for Financial Modelling in England

Financial Modelling
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Financial Modelling in England.

Daily rate trend for Financial Modelling in England

Financial Modelling
Daily Rate Histogram in England

Daily rate distribution for jobs citing Financial Modelling in England over the 6 months to 6 May 2024.

Daily rate histogram for Financial Modelling in England

Financial Modelling
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Financial Modelling in England.

Hourly rate trend for Financial Modelling in England

Financial Modelling
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Modelling within the England region over the 6 months to 6 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
London +124 46 £550 -14.06% 115
South East +19 6 - - 20
North of England +31 5 £575 +22.34% 20
North West - 3 £575 - 11
Yorkshire +22 2 £475 +1.06% 6
Midlands +31 1 - - 12
South West +23 1 £675 +42.11% 6
West Midlands - 1 - - 5
Financial Modelling
UK

Financial Modelling
Co-occurring Skills and Capabilities in England 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 5 (8.33%) Confluence
Applications
1 17 (28.33%) Microsoft Excel
2 5 (8.33%) Microsoft Office
3 2 (3.33%) MS Visio
3 2 (3.33%) Spreadsheet
4 1 (1.67%) CPLEX
4 1 (1.67%) Microsoft PowerPoint
4 1 (1.67%) Microsoft Project
Business Applications
1 1 (1.67%) Cloudability
Cloud Services
1 12 (20.00%) Azure
2 8 (13.33%) Azure DevOps
2 8 (13.33%) GitHub
3 7 (11.67%) Power Platform
4 6 (10.00%) AWS
5 1 (1.67%) Dynamics 365
5 1 (1.67%) GCP
5 1 (1.67%) IaaS
5 1 (1.67%) Microsoft 365
5 1 (1.67%) PaaS
5 1 (1.67%) SaaS
Communications & Networking
1 3 (5.00%) Skype
Database & Business Intelligence
1 8 (13.33%) NoSQL
2 7 (11.67%) Power BI
3 4 (6.67%) Tableau
4 2 (3.33%) Data Warehouse
5 1 (1.67%) Relational Database
Development Applications
1 3 (5.00%) JIRA
2 1 (1.67%) Git
2 1 (1.67%) GitLab
2 1 (1.67%) Robot Framework
2 1 (1.67%) Selenium
2 1 (1.67%) Team Foundation Server
General
1 60 (100.00%) Finance
2 25 (41.67%) Social Skills
3 23 (38.33%) Analytical Skills
4 11 (18.33%) Banking
5 9 (15.00%) Front Office
6 8 (13.33%) Investment Banking
6 8 (13.33%) Legal
6 8 (13.33%) Presentation Skills
7 6 (10.00%) Organisational Skills
8 5 (8.33%) Corporate Banking
8 5 (8.33%) Law
8 5 (8.33%) Retail
8 5 (8.33%) Retail Banking
8 5 (8.33%) Telecoms
8 5 (8.33%) Wholesale Banking
9 3 (5.00%) Police
9 3 (5.00%) Public Sector
10 2 (3.33%) Influencing Skills
11 1 (1.67%) Aviation
11 1 (1.67%) Inclusion and Diversity
Job Titles
1 25 (41.67%) Analyst
2 14 (23.33%) Developer
3 13 (21.67%) Financial Analyst
4 11 (18.33%) Senior
5 8 (13.33%) Quantitative Developer
6 7 (11.67%) Python Developer
7 6 (10.00%) Senior Analyst
8 5 (8.33%) Commercial Analyst
8 5 (8.33%) Qualitative Analyst
8 5 (8.33%) Quantitative Analyst
9 4 (6.67%) Consultant
9 4 (6.67%) IT Consultant
9 4 (6.67%) Project Manager
9 4 (6.67%) Senior Developer
9 4 (6.67%) Senior Financial Analyst
9 4 (6.67%) Senior Quantitative Developer
10 3 (5.00%) Business Analyst
10 3 (5.00%) Business Manager
10 3 (5.00%) Lead
11 2 (3.33%) Senior Commercial Analyst
Libraries, Frameworks & Software Standards
1 9 (15.00%) Pandas
2 8 (13.33%) NumPy
2 8 (13.33%) SciPy
3 1 (1.67%) DCOM
3 1 (1.67%) Django
3 1 (1.67%) Flask
3 1 (1.67%) pytest
Miscellaneous
1 8 (13.33%) Derivative
2 7 (11.67%) Credit Risk
3 3 (5.00%) Analytical Mindset
4 2 (3.33%) Management Information System
4 2 (3.33%) Reference Data
4 2 (3.33%) Renewable Energy
4 2 (3.33%) Solar Panel
5 1 (1.67%) Data Centre
5 1 (1.67%) Equity Risk
5 1 (1.67%) Fixed Income
5 1 (1.67%) Hybrid Cloud
5 1 (1.67%) Mainframe
5 1 (1.67%) Onboarding
5 1 (1.67%) Reinsurance
5 1 (1.67%) Team-Oriented Environment
Operating Systems
1 1 (1.67%) Linux
1 1 (1.67%) Unix
Processes & Methodologies
1 10 (16.67%) Analytics
1 10 (16.67%) Business Case
1 10 (16.67%) DevOps
2 9 (15.00%) CI/CD
2 9 (15.00%) Decision-Making
2 9 (15.00%) Test Automation
3 8 (13.33%) Backtesting
3 8 (13.33%) Computer Science
3 8 (13.33%) Data Pipeline
3 8 (13.33%) Mathematics
3 8 (13.33%) Problem-Solving
3 8 (13.33%) Product Requirements
3 8 (13.33%) Risk Management
4 7 (11.67%) Applied Mathematics
4 7 (11.67%) Architectural Patterns
4 7 (11.67%) Mathematical Modelling
4 7 (11.67%) Project Management
4 7 (11.67%) Software Engineering
4 7 (11.67%) Stakeholder Management
4 7 (11.67%) Strategic Planning
Programming Languages
1 15 (25.00%) Python
2 11 (18.33%) SQL
3 8 (13.33%) C++
3 8 (13.33%) Java
3 8 (13.33%) Rust
4 3 (5.00%) VBA
5 2 (3.33%) MATLAB
Qualifications
1 17 (28.33%) Degree
2 11 (18.33%) ACCA
3 7 (11.67%) CIMA
4 5 (8.33%) SC Cleared
4 5 (8.33%) Security Cleared
5 3 (5.00%) Master's Degree
6 2 (3.33%) CFA
6 2 (3.33%) MBA
6 2 (3.33%) Postgraduate
Quality Assurance & Compliance
1 3 (5.00%) PMO
2 1 (1.67%) GAAP
Vendors
1 8 (13.33%) Microsoft
2 4 (6.67%) Oracle
3 1 (1.67%) Adaptive Insights
3 1 (1.67%) Anaplan
3 1 (1.67%) Google
3 1 (1.67%) SAP