Model Validation Contracts in London

Model Validation
England > London

The table below provides summary statistics for contract job vacancies advertised in London requiring Model Validation skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Model Validation over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 335 367 386
Rank change year-on-year +32 +19 +151
Contract jobs citing Model Validation 18 24 107
As % of all contract jobs advertised in London 0.14% 0.13% 0.40%
As % of the Processes & Methodologies category 0.16% 0.15% 0.43%
Number of daily rates quoted 11 19 69
10th Percentile £500 £375 £770
25th Percentile £513 £525 £850
Median daily rate (50th Percentile) £565 £625 £900
Median % change year-on-year -9.60% -30.56% +44.00%
75th Percentile £636 £950 £1,055
90th Percentile £875 £980 £1,255
England median daily rate £570 £625 £900
% change year-on-year -8.80% -30.56% +56.52%

All Process and Methodology Skills
London

Model Validation falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in London.

Contract vacancies with a requirement for process or methodology skills 11,564 15,790 24,631
As % of all contract IT jobs advertised in London 92.16% 88.55% 91.11%
Number of daily rates quoted 7,847 11,316 17,711
10th Percentile £350 £338 £375
25th Percentile £440 £450 £475
Median daily rate (50th Percentile) £550 £550 £590
Median % change year-on-year - -6.78% +2.61%
75th Percentile £688 £675 £700
90th Percentile £813 £800 £800
England median daily rate £525 £525 £550
% change year-on-year - -4.55% +2.33%
Number of hourly rates quoted 166 324 278
10th Percentile £16.17 £16.00 £18.59
25th Percentile £22.68 £20.00 £22.53
Median hourly rate £31.67 £29.50 £38.13
Median % change year-on-year +7.36% -22.62% +5.90%
75th Percentile £50.75 £47.56 £62.64
90th Percentile £63.75 £65.93 £76.78
England median hourly rate £29.07 £36.00 £37.50
% change year-on-year -19.25% -4.00% +53.06%

Model Validation
Job Vacancy Trend in London

Job postings citing Model Validation as a proportion of all IT jobs advertised in London.

Job vacancy trend for Model Validation in London

Model Validation
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Model Validation in London.

Daily rate trend for Model Validation in London

Model Validation
Daily Rate Histogram in London

Daily rate distribution for jobs citing Model Validation in London over the 6 months to 1 May 2025.

Daily rate histogram for Model Validation in London

Model Validation
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Model Validation in London.

Hourly rate trend for Model Validation in London

Model Validation
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Model Validation within the London region over the 6 months to 1 May 2025. 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
Central London +4 2 - - 1
Model Validation
England

Model Validation
Co-occurring Skills and Capabilities in 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:

Application Platforms
1 6 (33.33%) Apache Spark
2 4 (22.22%) Apache
3 1 (5.56%) IBM HTTP Server
3 1 (5.56%) Jupyter
Applications
1 1 (5.56%) Microsoft Excel
1 1 (5.56%) MS Visio
Cloud Services
1 6 (33.33%) Azure
2 4 (22.22%) AWS
3 2 (11.11%) Amazon SageMaker
3 2 (11.11%) GCP
Database & Business Intelligence
1 3 (16.67%) Data Warehouse
1 3 (16.67%) Hadoop
2 2 (11.11%) Big Data
2 2 (11.11%) Data Lake
2 2 (11.11%) Metadata
2 2 (11.11%) Relational Database
3 1 (5.56%) Amazon Athena
3 1 (5.56%) Amazon RDS
3 1 (5.56%) Amazon Redshift
3 1 (5.56%) TimescaleDB
Development Applications
1 2 (11.11%) MLflow
2 1 (5.56%) Git
2 1 (5.56%) Visual Studio Code
General
1 5 (27.78%) Finance
2 4 (22.22%) Marketing
3 3 (16.67%) Front Office
3 3 (16.67%) Social Skills
4 2 (11.11%) Analytical Skills
4 2 (11.11%) Presentation Skills
5 1 (5.56%) Banking
5 1 (5.56%) Public Sector
5 1 (5.56%) Retail
Job Titles
1 6 (33.33%) Data Scientist
2 5 (27.78%) Senior
3 3 (16.67%) Analyst
3 3 (16.67%) Senior Data Scientist
4 2 (11.11%) Business Analyst
4 2 (11.11%) Data Engineer
4 2 (11.11%) Data Modeller
4 2 (11.11%) Developer
4 2 (11.11%) Development Engineer
4 2 (11.11%) Python Developer
4 2 (11.11%) Senior Data Engineer
4 2 (11.11%) Software Development Engineer
4 2 (11.11%) Software Engineer
4 2 (11.11%) Test Development Engineer
5 1 (5.56%) Econometrician
5 1 (5.56%) Front Office Business Analyst
5 1 (5.56%) Machine Learning Scientist
5 1 (5.56%) Marketing Specialist
5 1 (5.56%) Research Scientist
5 1 (5.56%) Testing Analyst
Libraries, Frameworks & Software Standards
1 4 (22.22%) Pandas
2 3 (16.67%) scikit-learn
3 2 (11.11%) Kafka
3 2 (11.11%) PyTorch
3 2 (11.11%) TensorFlow
Miscellaneous
1 4 (22.22%) Multi-touch
2 3 (16.67%) Credit Risk
3 2 (11.11%) Distributed Computing
3 2 (11.11%) Distributed Systems
4 1 (5.56%) FMCG
4 1 (5.56%) Market Risk
4 1 (5.56%) Reference Data
4 1 (5.56%) Renewable Energy
Processes & Methodologies
1 13 (72.22%) Validation
2 9 (50.00%) Data Science
2 9 (50.00%) Machine Learning
3 7 (38.89%) Analytics
4 6 (33.33%) Data Analysis
4 6 (33.33%) Data Modelling
5 5 (27.78%) Computer Science
5 5 (27.78%) Data Pipeline
5 5 (27.78%) Mathematics
5 5 (27.78%) Problem-Solving
5 5 (27.78%) Statistics
6 4 (22.22%) Applied Mathematics
6 4 (22.22%) Artificial Intelligence
6 4 (22.22%) Bayesian Methods
6 4 (22.22%) Data Collection
6 4 (22.22%) Data Extraction
6 4 (22.22%) Marketing Mix
6 4 (22.22%) Statistical Modelling
7 3 (16.67%) ETL
7 3 (16.67%) MLOps
Programming Languages
1 14 (77.78%) Python
2 9 (50.00%) SQL
3 4 (22.22%) R
4 2 (11.11%) C++
Qualifications
1 5 (27.78%) Degree
2 4 (22.22%) PhD
Quality Assurance & Compliance
1 3 (16.67%) Data Quality
2 2 (11.11%) QA
3 1 (5.56%) Dodd-Frank
System Software
1 2 (11.11%) Docker
Systems Management
1 2 (11.11%) Kubeflow
1 2 (11.11%) Kubernetes
Vendors
1 2 (11.11%) Microsoft
2 1 (5.56%) Murex
2 1 (5.56%) Sparx