Credit Derivative Contracts with Hybrid/Remote/WFH Options

Credit Derivatives
UK > Work from Home

The table below looks at the prevalence of the term Credit Derivative in remote or hybrid contract work. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Credit Derivative 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 302 321 446
Rank change year-on-year +19 +125 +179
Contract jobs citing Credit Derivative 2 24 31
As % of all contract jobs with a WFH option 0.020% 0.16% 0.12%
As % of the Miscellaneous category 0.061% 0.54% 0.38%
Number of daily rates quoted 1 24 31
10th Percentile - £779 £700
25th Percentile £413 £788 £725
Median daily rate (50th Percentile) £425 £850 £750
Median % change year-on-year -50.00% +13.33% -
75th Percentile £438 £922 -
90th Percentile - £950 £775
UK median daily rate £425 £850 £750
% change year-on-year -50.00% +13.33% +15.38%

All Generic Skills
Work from Home

Credit Derivative falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies with remote or hybrid options requiring generic IT skills.

Contract vacancies with a requirement for generic IT skills 3,272 4,408 8,138
As % of all contract jobs with a WFH option 33.03% 28.73% 31.47%
Number of daily rates quoted 2,222 2,974 5,725
10th Percentile £350 £325 £363
25th Percentile £425 £431 £454
Median daily rate (50th Percentile) £545 £550 £550
Median % change year-on-year -0.91% - +2.33%
75th Percentile £680 £675 £688
90th Percentile £825 £800 £800
UK median daily rate £525 £538 £550
% change year-on-year -2.33% -2.27% -
Number of hourly rates quoted 76 199 151
10th Percentile £18.75 £15.48 £19.00
25th Percentile £26.25 £25.50 £31.38
Median hourly rate £41.75 £51.00 £57.50
Median % change year-on-year -18.14% -11.30% +29.21%
75th Percentile £64.57 £65.02 £70.00
90th Percentile £78.13 £72.50 £85.00
UK median hourly rate £32.05 £30.00 £22.49
% change year-on-year +6.83% +33.42% -18.24%

Credit Derivative
Trend for Jobs with a WFH Option

Job vacancies with remote working options citing Credit Derivative as a proportion of all IT jobs advertised.

Credit Derivative trend for jobs with Hybrid/Remote/WFH options

Credit Derivative
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with remote working options citing Credit Derivative.

Credit Derivative daily rate for jobs with a WFH option

Credit Derivative
Co-occurring Skills and Capabilities with WFH Options 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 2 (100.00%) Confluence
Development Applications
1 2 (100.00%) JIRA
General
1 2 (100.00%) Back Office
1 2 (100.00%) Finance
1 2 (100.00%) Front Office
1 2 (100.00%) Social Skills
Job Titles
1 2 (100.00%) Murex Support
Libraries, Frameworks & Software Standards
1 2 (100.00%) Murex MxML
1 2 (100.00%) XML
Miscellaneous
1 2 (100.00%) Data Protection Act
1 2 (100.00%) Derivative
1 2 (100.00%) Fixed Income
1 2 (100.00%) Interest Rate Derivative
Operating Systems
1 2 (100.00%) Linux
1 2 (100.00%) Red Hat Enterprise Linux
Processes & Methodologies
1 2 (100.00%) Data Protection
1 2 (100.00%) Functional Testing
1 2 (100.00%) Problem-Solving
1 2 (100.00%) Risk Management
1 2 (100.00%) Workflow
Programming Languages
1 2 (100.00%) SQL
Vendors
1 2 (100.00%) Bloomberg
1 2 (100.00%) Murex
1 2 (100.00%) Red Hat
1 2 (100.00%) ServiceNow
1 2 (100.00%) Sybase