Credit Risk Modelling Contracts

Credit Risk Modelling
UK

The table below provides summary statistics for contract job vacancies requiring Credit Risk Modelling skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Credit Risk Modelling 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 512 577 715
Rank change year-on-year +65 +138 +133
Contract jobs citing Credit Risk Modelling 8 5 3
As % of all contract jobs advertised in the UK 0.027% 0.011% 0.005%
As % of the Processes & Methodologies category 0.030% 0.013% 0.006%
Number of daily rates quoted 4 4 2
10th Percentile £671 £528 £678
25th Percentile £702 £550 £720
Median daily rate (50th Percentile) £750 £675 £805
Median % change year-on-year +11.07% -16.15% -5.29%
75th Percentile £772 £897 £905
90th Percentile £789 £1,049 £956
UK excluding London median daily rate - £575 -

All Process and Methodology Skills
UK

Credit Risk Modelling 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.

Contract vacancies with a requirement for process or methodology skills 26,594 37,597 53,655
As % of all contract IT jobs advertised in the UK 90.84% 86.31% 89.91%
Number of daily rates quoted 17,149 24,227 37,238
10th Percentile £308 £300 £325
25th Percentile £413 £413 £438
Median daily rate (50th Percentile) £520 £525 £550
Median % change year-on-year -0.95% -4.55% +4.76%
75th Percentile £630 £638 £650
90th Percentile £743 £750 £750
UK excluding London median daily rate £483 £500 £500
% change year-on-year -3.50% - +5.26%
Number of hourly rates quoted 1,071 2,443 1,746
10th Percentile £14.41 £12.75 £11.00
25th Percentile £18.21 £16.00 £16.25
Median hourly rate £29.00 £35.65 £37.30
Median % change year-on-year -18.65% -4.42% +49.20%
75th Percentile £60.38 £59.98 £65.00
90th Percentile £75.00 £72.50 £75.00
UK excluding London median hourly rate £27.50 £37.34 £36.00
% change year-on-year -26.35% +3.72% +80.00%

Credit Risk Modelling
Job Vacancy Trend

Job postings citing Credit Risk Modelling as a proportion of all IT jobs advertised.

Job vacancy trend for Credit Risk Modelling in the UK

Credit Risk Modelling
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Credit Risk Modelling.

Daily rate trend for Credit Risk Modelling in the UK

Credit Risk Modelling
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Risk Modelling within the UK 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
England +60 8 £750 +11.07% 46
London +40 6 £750 -3.26% 43
UK excluding London +64 2 - - 12
South East +47 2 - - 9
Work from Home +41 2 £800 +39.13% 16

Credit Risk Modelling
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:

Application Platforms
1 4 (50.00%) SAS
2 1 (12.50%) Confluence
Applications
1 2 (25.00%) Microsoft Excel
2 1 (12.50%) Microsoft Office
Cloud Services
1 1 (12.50%) Power Platform
1 1 (12.50%) SaaS
Database & Business Intelligence
1 1 (12.50%) Power BI
Development Applications
1 1 (12.50%) JIRA
General
1 5 (62.50%) Banking
2 3 (37.50%) Finance
3 2 (25.00%) Social Skills
4 1 (12.50%) Financial Institution
4 1 (12.50%) Investment Banking
4 1 (12.50%) Legal
Job Titles
1 2 (25.00%) Analyst
1 2 (25.00%) Data Modeller
1 2 (25.00%) Risk Analyst
2 1 (12.50%) Asset Management Analyst
2 1 (12.50%) Asset Management Business Analyst
2 1 (12.50%) Business Analyst
2 1 (12.50%) Credit Analyst
2 1 (12.50%) Credit Risk Analyst
2 1 (12.50%) Credit Risk Manager
2 1 (12.50%) Credit Risk Modeller
2 1 (12.50%) Credit Risk Project Manager
2 1 (12.50%) Insurance Business Analyst
2 1 (12.50%) IT Director
2 1 (12.50%) Programme Director
2 1 (12.50%) Project Manager
2 1 (12.50%) Project Support Manager
2 1 (12.50%) Risk Business Analyst
2 1 (12.50%) Risk Management Analyst
2 1 (12.50%) Risk Manager
2 1 (12.50%) Risk Project Manager
Miscellaneous
1 8 (100.00%) Credit Risk
2 2 (25.00%) Reference Data
3 1 (12.50%) Onboarding
Processes & Methodologies
1 4 (50.00%) Analytics
2 3 (37.50%) Agile
3 2 (25.00%) Credit Risk Management
3 2 (25.00%) Data Analysis
3 2 (25.00%) Data Modelling
3 2 (25.00%) Portfolio Management
3 2 (25.00%) Quality Management
3 2 (25.00%) Risk Management
3 2 (25.00%) Stress Testing
3 2 (25.00%) Validation
4 1 (12.50%) Architecture Roadmap
4 1 (12.50%) Backlog Management
4 1 (12.50%) Creative Problem-Solving
4 1 (12.50%) Data Lineage
4 1 (12.50%) Numerical Analysis
4 1 (12.50%) Product Backlog
4 1 (12.50%) Re-Platforming
4 1 (12.50%) Requirements Gathering
4 1 (12.50%) Risk Analytics
4 1 (12.50%) Root Cause Analysis
Programming Languages
1 4 (50.00%) Python
2 3 (37.50%) SQL
3 1 (12.50%) C++
3 1 (12.50%) MATLAB
Qualifications
1 1 (12.50%) Degree
Quality Assurance & Compliance
1 2 (25.00%) Data Quality
1 2 (25.00%) IFRS
1 2 (25.00%) IFRS 9
2 1 (12.50%) Basel II
Vendors
1 1 (12.50%) Databricks
1 1 (12.50%) Microsoft