Model Validation Contracts

Model Validation
UK

The table below provides summary statistics for contract job vacancies 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 11 May 2025, comparing them to the same period in the previous two years.

6 months to
11 May 2025
Same period 2024 Same period 2023
Rank 480 538 586
Rank change year-on-year +58 +48 +158
Contract jobs citing Model Validation 38 44 117
As % of all contract jobs advertised in the UK 0.13% 0.10% 0.20%
As % of the Processes & Methodologies category 0.14% 0.12% 0.23%
Number of daily rates quoted 24 25 75
10th Percentile £500 £431 £705
25th Percentile £509 £540 £850
Median daily rate (50th Percentile) £561 £625 £950
Median % change year-on-year -10.24% -34.21% +65.22%
75th Percentile £656 £888 £1,065
90th Percentile £784 £950 £1,211
UK excluding London median daily rate £500 £713 £1,100
% change year-on-year -29.82% -35.23% +120.00%
Number of hourly rates quoted 3 4 0
10th Percentile £52.25 - -
25th Percentile £59.38 £52.50 -
Median hourly rate £72.50 £55.00 -
Median % change year-on-year +31.82% - -
75th Percentile £74.38 £57.50 -
90th Percentile £74.75 - -
UK excluding London median hourly rate £72.50 £55.00 -
% change year-on-year +31.82% - -

All Process and Methodology Skills
UK

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.

Contract vacancies with a requirement for process or methodology skills 26,789 37,090 51,996
As % of all contract IT jobs advertised in the UK 90.94% 86.26% 89.82%
Number of daily rates quoted 17,213 23,884 36,030
10th Percentile £306 £300 £325
25th Percentile £411 £413 £438
Median daily rate (50th Percentile) £520 £525 £550
Median % change year-on-year -0.95% -4.55% +3.77%
75th Percentile £630 £638 £650
90th Percentile £745 £750 £750
UK excluding London median daily rate £479 £500 £500
% change year-on-year -4.20% - +5.26%
Number of hourly rates quoted 1,097 2,438 1,721
10th Percentile £14.20 £12.75 £11.00
25th Percentile £18.22 £16.00 £16.13
Median hourly rate £28.41 £36.50 £36.25
Median % change year-on-year -22.16% +0.69% +41.16%
75th Percentile £60.00 £60.00 £65.00
90th Percentile £75.00 £72.50 £75.00
UK excluding London median hourly rate £26.34 £38.06 £35.00
% change year-on-year -30.81% +8.74% +75.00%

Model Validation
Job Vacancy Trend

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

Job vacancy trend for Model Validation in the UK

Model Validation
Contractor Daily Rate Trend

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

Daily rate trend for Model Validation in the UK

Model Validation
Daily Rate Histogram

Daily rate distribution for jobs citing Model Validation over the 6 months to 11 May 2025.

Daily rate histogram for Model Validation in the UK

Model Validation
Contractor Hourly Rate Trend

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

Hourly rate trend for Model Validation in the UK

Model Validation
Hourly Rate Histogram

Hourly rate distribution of jobs citing Model Validation over the 6 months to 11 May 2025.

Hourly rate histogram for Model Validation in the UK

Model Validation
Top 14 Contract Locations

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 UK over the 6 months to 11 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 +77 32 £575 -6.12% 149
London +30 22 £575 -0.35% 110
Work from Home +37 14 £538 -38.57% 255
UK excluding London +54 9 £500 -29.82% 63
North of England +18 2 £613 +2.08% 15
South East - 2 £500 - 27
South West +40 1 - - 8
East of England +22 1 - - 8
Midlands +20 1 - - 5
West Midlands +19 1 - - 5
North West +14 1 £730 +21.67% 9
Yorkshire - 1 £495 - 2
Northern Ireland - 1 £590 - 1
Scotland - 1 £268 - 2

Model Validation
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 9 (23.68%) Apache Spark
2 6 (15.79%) Apache
3 2 (5.26%) Confluence
3 2 (5.26%) IBM HTTP Server
4 1 (2.63%) CMS
4 1 (2.63%) Jupyter
Applications
1 3 (7.89%) Simulink
2 2 (5.26%) Microsoft Excel
3 1 (2.63%) MS Visio
Business Applications
1 1 (2.63%) Endur
Cloud Services
1 11 (28.95%) AWS
2 10 (26.32%) Azure
3 5 (13.16%) GCP
4 3 (7.89%) Amazon SageMaker
5 1 (2.63%) Azure Machine Learning
5 1 (2.63%) Power Platform
5 1 (2.63%) SaaS
Database & Business Intelligence
1 5 (13.16%) Hadoop
2 4 (10.53%) Big Data
2 4 (10.53%) Data Warehouse
2 4 (10.53%) Relational Database
3 3 (7.89%) Metadata
4 2 (5.26%) Data Lake
5 1 (2.63%) Amazon Athena
5 1 (2.63%) Amazon RDS
5 1 (2.63%) Amazon Redshift
5 1 (2.63%) Data Mining
5 1 (2.63%) Enterprise Data Warehouse
5 1 (2.63%) Power BI
5 1 (2.63%) Tableau
5 1 (2.63%) TimescaleDB
Development Applications
1 4 (10.53%) REST Assured
2 3 (7.89%) MLflow
3 2 (5.26%) Git
3 2 (5.26%) JIRA
4 1 (2.63%) Visual Studio Code
General
1 11 (28.95%) Analytical Skills
1 11 (28.95%) Finance
2 9 (23.68%) Social Skills
3 7 (18.42%) Front Office
4 6 (15.79%) Marketing
5 3 (7.89%) Banking
6 2 (5.26%) Presentation Skills
6 2 (5.26%) Public Sector
7 1 (2.63%) Aerospace
7 1 (2.63%) Automotive
7 1 (2.63%) Organisational Skills
7 1 (2.63%) Retail
7 1 (2.63%) Spanish Language
Job Titles
1 11 (28.95%) Data Scientist
2 7 (18.42%) Analyst
3 6 (15.79%) Senior
4 5 (13.16%) Business Analyst
5 4 (10.53%) Lead
5 4 (10.53%) Senior Data Scientist
6 3 (7.89%) Data Modeller
6 3 (7.89%) QA Tester
6 3 (7.89%) Tester
7 2 (5.26%) Data Engineer
7 2 (5.26%) Developer
7 2 (5.26%) Development Engineer
7 2 (5.26%) Python Developer
7 2 (5.26%) Risk Analyst
7 2 (5.26%) Risk Business Analyst
7 2 (5.26%) Senior Data Engineer
7 2 (5.26%) Software Development Engineer
7 2 (5.26%) Software Engineer
7 2 (5.26%) Team Leader
7 2 (5.26%) Test Development Engineer
Libraries, Frameworks & Software Standards
1 7 (18.42%) Pandas
2 5 (13.16%) scikit-learn
3 4 (10.53%) Gherkin
3 4 (10.53%) TensorFlow
4 3 (7.89%) PyTorch
5 2 (5.26%) Kafka
5 2 (5.26%) NumPy
6 1 (2.63%) Prophet
6 1 (2.63%) XGBoost
Miscellaneous
1 5 (13.16%) Algorithms
2 4 (10.53%) Credit Risk
2 4 (10.53%) Distributed Computing
2 4 (10.53%) Legacy Systems
2 4 (10.53%) Market Risk
2 4 (10.53%) Multi-touch
2 4 (10.53%) Reference Data
3 3 (7.89%) FMCG
4 2 (5.26%) Distributed Systems
5 1 (2.63%) Foreign Exchange (FX)
5 1 (2.63%) Onboarding
5 1 (2.63%) Renewable Energy
5 1 (2.63%) Swaptions
5 1 (2.63%) Team-Oriented Environment
Processes & Methodologies
1 27 (71.05%) Validation
2 14 (36.84%) Data Science
2 14 (36.84%) Machine Learning
3 13 (34.21%) Data Analysis
4 12 (31.58%) Problem-Solving
5 11 (28.95%) Data Modelling
6 10 (26.32%) Analytics
7 7 (18.42%) Business Analysis
7 7 (18.42%) Mathematics
7 7 (18.42%) Risk Management
7 7 (18.42%) Statistical Modelling
7 7 (18.42%) Test Automation
8 6 (15.79%) Agile
8 6 (15.79%) Artificial Intelligence
8 6 (15.79%) Computer Science
8 6 (15.79%) Data Pipeline
8 6 (15.79%) End-to-End Testing
8 6 (15.79%) Migration
8 6 (15.79%) Statistics
9 5 (13.16%) Marketing Mix
Programming Languages
1 26 (68.42%) Python
2 20 (52.63%) SQL
3 6 (15.79%) R
4 3 (7.89%) MATLAB
5 2 (5.26%) C++
6 1 (2.63%) Fortran
Qualifications
1 10 (26.32%) Degree
2 5 (13.16%) PhD
3 4 (10.53%) SC Cleared
3 4 (10.53%) Security Cleared
4 2 (5.26%) Master's Degree
5 1 (2.63%) CBAP
5 1 (2.63%) IIBA
Quality Assurance & Compliance
1 10 (26.32%) Data Quality
2 7 (18.42%) QA
3 1 (2.63%) AUTOSAR
3 1 (2.63%) Dodd-Frank
System Software
1 2 (5.26%) Docker
Systems Management
1 2 (5.26%) Kubeflow
1 2 (5.26%) Kubernetes
2 1 (2.63%) Ansible
Vendors
1 5 (13.16%) Databricks
2 3 (7.89%) Microsoft
3 2 (5.26%) Google
3 2 (5.26%) Murex
4 1 (2.63%) Fortinet
4 1 (2.63%) Infoblox
4 1 (2.63%) OpenLink
4 1 (2.63%) ServiceNow
4 1 (2.63%) Sparx