Computational Finance Contracts

Computational Finance
UK

The following table provides summary statistics for contract job vacancies with a requirement for Computational Finance skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Computational Finance over the 6 months to 26 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 577 699 858
Rank change year-on-year +122 +159 -188
Contract jobs citing Computational Finance 2 1 2
As % of all contract jobs advertised in the UK 0.005% 0.002% 0.002%
As % of the Processes & Methodologies category 0.005% 0.002% 0.002%
Number of daily rates quoted 2 0 2
10th Percentile - - -
25th Percentile £505 - -
Median daily rate (50th Percentile) £510 - £900
Median % change year-on-year - - +24.14%
75th Percentile £515 - -
90th Percentile - - -
UK excluding London median daily rate - - -

All Process and Methodology Skills
UK

Computational Finance 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 requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,600 53,916 80,351
As % of all contract IT jobs advertised in the UK 86.32% 89.91% 90.57%
Number of daily rates quoted 24,240 37,368 56,382
10th Percentile £300 £325 £340
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +8.25%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.20%
Number of hourly rates quoted 2,433 1,775 1,932
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.25 £15.25
Median hourly rate £35.00 £37.00 £25.00
Median % change year-on-year -5.41% +48.00% -
75th Percentile £59.50 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.75
UK excluding London median hourly rate £36.50 £35.00 £20.00
% change year-on-year +4.29% +75.00% -8.34%

Computational Finance
Job Vacancy Trend

Job postings citing Computational Finance as a proportion of all IT jobs advertised.

Job vacancy trend for Computational Finance in the UK

Computational Finance
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Computational Finance.

Daily rate trend for Computational Finance in the UK

Computational Finance
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Computational Finance within the UK over the 6 months to 26 April 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
England +115 2 £510 -
London +112 2 £510 -

Computational Finance
Co-occurring Skills and Capabilities 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:

General
1 2 (100.00%) Analytical Skills
1 2 (100.00%) Finance
Job Titles
1 2 (100.00%) Analyst
1 2 (100.00%) Qualitative Analyst
1 2 (100.00%) Quantitative Analyst
Miscellaneous
1 2 (100.00%) Credit Risk
Processes & Methodologies
1 2 (100.00%) Econometrics
1 2 (100.00%) Economics
1 2 (100.00%) Financial Analysis
1 2 (100.00%) Monte Carlo Method
1 2 (100.00%) Quantitative Finance
1 2 (100.00%) Statistics
1 2 (100.00%) Time Series Analysis
Programming Languages
1 2 (100.00%) Python
Qualifications
1 2 (100.00%) Degree
1 2 (100.00%) Master's Degree
1 2 (100.00%) PhD