Credit Risk Contracts with Work from Home Options

Credit Risk
UK > Work from Home

The table below looks at the prevalence of the term Credit Risk in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Risk over the 6 months to 7 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
7 May 2024
Same period 2023 Same period 2022
Rank 320 426 545
Rank change year-on-year +106 +119 -99
Contract jobs citing Credit Risk 21 41 74
As % of all contract jobs with a WFH option 0.14% 0.16% 0.17%
As % of the Miscellaneous category 0.49% 0.52% 0.53%
Number of daily rates quoted 16 27 59
10th Percentile £448 £409 £434
25th Percentile £458 £440 £500
Median daily rate (50th Percentile) £558 £625 £650
Median % change year-on-year -10.80% -3.85% +23.81%
75th Percentile £600 £672 £750
90th Percentile £638 £751 £832
UK median daily rate £563 £658 £660
% change year-on-year -14.51% -0.30% +6.67%

All Generic Skills
Work from Home

Credit Risk is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,296 7,910 13,903
As % of all contract jobs with a WFH option 28.60% 31.48% 31.44%
Number of daily rates quoted 2,934 5,561 9,934
10th Percentile £325 £363 £360
25th Percentile £431 £454 £438
Median daily rate (50th Percentile) £550 £550 £540
Median % change year-on-year - +1.85% +9.09%
75th Percentile £675 £684 £650
90th Percentile £800 £792 £750
UK median daily rate £540 £550 £550
% change year-on-year -1.82% - +10.00%
Number of hourly rates quoted 190 154 221
10th Percentile £15.49 £19.00 £12.21
25th Percentile £25.50 £25.75 £20.75
Median hourly rate £51.00 £55.00 £44.50
Median % change year-on-year -7.27% +23.60% +28.99%
75th Percentile £65.20 £70.00 £57.50
90th Percentile £72.50 £85.00 £66.00
UK median hourly rate £30.16 £22.49 £27.50
% change year-on-year +34.13% -18.24% +4.90%

Credit Risk
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Credit Risk as a proportion of all IT jobs advertised.

Credit Risk trend for jobs with a WFH option

Credit Risk
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Credit Risk.

Credit Risk daily rate for jobs with a WFH option

Credit Risk
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Credit Risk over the 6 months to 7 May 2024.

Credit Risk daily rate histogram for jobs with a WFH option

Credit Risk
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 5 (23.81%) SAS
2 1 (4.76%) SharePoint
Applications
1 2 (9.52%) MS Visio
2 1 (4.76%) Microsoft Excel
Cloud Services
1 3 (14.29%) WhatsApp
2 2 (9.52%) Azure
2 2 (9.52%) Power Platform
3 1 (4.76%) Amazon S3
3 1 (4.76%) Azure DevOps
Database & Business Intelligence
1 2 (9.52%) Data Warehouse
1 2 (9.52%) Power BI
2 1 (4.76%) Azure SQL Data Warehouse
2 1 (4.76%) Azure SQL Database
2 1 (4.76%) Big Data
2 1 (4.76%) QlikView
2 1 (4.76%) SQL Server
2 1 (4.76%) SQL Server Integration Services
2 1 (4.76%) Tableau
General
1 13 (61.90%) Finance
2 9 (42.86%) Banking
3 4 (19.05%) Social Skills
4 2 (9.52%) Retail
5 1 (4.76%) Influencing Skills
5 1 (4.76%) Retail Finance
Job Titles
1 4 (19.05%) Data Modeller
2 3 (14.29%) Analyst
2 3 (14.29%) Architect
2 3 (14.29%) SAS Modeller
2 3 (14.29%) Security Architect
3 2 (9.52%) Consultant
3 2 (9.52%) Credit Analyst
3 2 (9.52%) Credit Risk Modeller
3 2 (9.52%) Developer
3 2 (9.52%) Programme Manager
3 2 (9.52%) Risk Analyst
3 2 (9.52%) Scrum Master
3 2 (9.52%) Senior
4 1 (4.76%) Credit Risk Analyst
4 1 (4.76%) Credit Risk Developer
4 1 (4.76%) Data Consultant
4 1 (4.76%) Market Analyst
4 1 (4.76%) Market Risk Business Analyst
4 1 (4.76%) PMO Consultant
4 1 (4.76%) Research Analyst
Libraries, Frameworks & Software Standards
1 1 (4.76%) ODBC
1 1 (4.76%) Shiny
Miscellaneous
1 5 (23.81%) Market Risk
2 1 (4.76%) Blog
2 1 (4.76%) Reference Data
Processes & Methodologies
1 7 (33.33%) Analytics
2 6 (28.57%) Data Modelling
2 6 (28.57%) Portfolio Management
2 6 (28.57%) Risk Management
2 6 (28.57%) Stress Testing
3 5 (23.81%) Agile
3 5 (23.81%) Business Strategy
4 4 (19.05%) Validation
5 3 (14.29%) Credit Risk Modelling
5 3 (14.29%) Regulatory Compliance
5 3 (14.29%) Scaled Agile Framework
6 2 (9.52%) Business Case
6 2 (9.52%) Data Science
6 2 (9.52%) DevOps
6 2 (9.52%) Internal Audit
6 2 (9.52%) Model Validation
6 2 (9.52%) Servant Leadership
6 2 (9.52%) Sprint Planning
6 2 (9.52%) Sprint Retrospective
6 2 (9.52%) Sprint Review
Programming Languages
1 5 (23.81%) SQL
2 2 (9.52%) Python
3 1 (4.76%) C++
3 1 (4.76%) MATLAB
3 1 (4.76%) R
3 1 (4.76%) VBA
Qualifications
1 2 (9.52%) Degree
1 2 (9.52%) Master's Degree
1 2 (9.52%) MBA
2 1 (4.76%) CFA
2 1 (4.76%) PhD
2 1 (4.76%) Postgraduate
Quality Assurance & Compliance
1 6 (28.57%) IFRS
1 6 (28.57%) IFRS 9
2 1 (4.76%) PMO
Vendors
1 1 (4.76%) CA