Credit Risk Contracts with Hybrid/Remote/WFH Options

Credit Risk
UK > Work from Home

The table below looks at the prevalence of the term Credit Risk in remote or hybrid contract work. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Credit Risk 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 283 328 430
Rank change year-on-year +45 +102 +128
Contract jobs citing Credit Risk 21 17 47
As % of all contract jobs with a WFH option 0.21% 0.11% 0.18%
As % of the Miscellaneous category 0.64% 0.39% 0.58%
Number of daily rates quoted 16 12 33
10th Percentile £489 £460 £414
25th Percentile £490 £500 £513
Median daily rate (50th Percentile) £725 £588 £625
Median % change year-on-year +23.40% -6.00% -3.85%
75th Percentile £800 £606 £675
90th Percentile £863 £648 £752
UK median daily rate £700 £600 £650
% change year-on-year +16.67% -7.69% -1.52%

All Generic Skills
Work from Home

Credit Risk 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 Risk
Trend for Jobs with a WFH Option

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

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

Credit Risk
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 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 remote working options citing Credit Risk over the 6 months to 1 May 2025.

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 6 (28.57%) SAS
2 1 (4.76%) Confluence
Applications
1 4 (19.05%) Microsoft Excel
1 4 (19.05%) Microsoft PowerPoint
2 1 (4.76%) Microsoft Office
Cloud Services
1 4 (19.05%) Power Platform
2 2 (9.52%) Apigee
3 1 (4.76%) GCP
3 1 (4.76%) SaaS
Database & Business Intelligence
1 4 (19.05%) Power BI
2 3 (14.29%) Data Warehouse
2 3 (14.29%) Looker
3 1 (4.76%) Base SAS
3 1 (4.76%) Data Mining
3 1 (4.76%) Oracle Database
3 1 (4.76%) Oracle ODI
Development Applications
1 1 (4.76%) JIRA
General
1 9 (42.86%) Banking
1 9 (42.86%) Social Skills
2 6 (28.57%) Finance
3 4 (19.05%) Analytical Skills
4 3 (14.29%) Investment Banking
5 1 (4.76%) Front Office
Job Titles
1 10 (47.62%) Analyst
2 8 (38.10%) Risk Analyst
3 7 (33.33%) Credit Analyst
3 7 (33.33%) Credit Risk Analyst
4 6 (28.57%) Developer
5 3 (14.29%) Credit Risk Developer
5 3 (14.29%) Market Risk Developer
5 3 (14.29%) Python Developer
6 2 (9.52%) Analyst Developer
6 2 (9.52%) Architect
6 2 (9.52%) Banking Analyst
6 2 (9.52%) Qualitative Analyst
6 2 (9.52%) Quantitative Analyst
6 2 (9.52%) Quantitative Analyst Developer
6 2 (9.52%) Quantitative Developer
6 2 (9.52%) Solutions Architect
6 2 (9.52%) SQL Analyst
7 1 (4.76%) Business Analyst
7 1 (4.76%) Oracle Developer
7 1 (4.76%) Project Manager
Miscellaneous
1 5 (23.81%) Market Risk
2 2 (9.52%) Product Ownership
3 1 (4.76%) Reference Data
Processes & Methodologies
1 8 (38.10%) Risk Management
2 6 (28.57%) Credit Risk Management
2 6 (28.57%) Problem-Solving
3 5 (23.81%) Data Analysis
3 5 (23.81%) Fintech
4 4 (19.05%) Agile
4 4 (19.05%) Analytics
4 4 (19.05%) Business Intelligence
4 4 (19.05%) Strategic Thinking
5 3 (14.29%) Code Quality
5 3 (14.29%) High Availability
5 3 (14.29%) Low Latency
5 3 (14.29%) Prototyping
5 3 (14.29%) Rapid Prototyping
5 3 (14.29%) Validation
6 2 (9.52%) Refactoring
6 2 (9.52%) Scrum
6 2 (9.52%) Stochastic Calculus
6 2 (9.52%) TDD
6 2 (9.52%) UML
Programming Languages
1 15 (71.43%) SQL
2 8 (38.10%) Python
3 3 (14.29%) C++
3 3 (14.29%) Jython
4 2 (9.52%) Java
5 1 (4.76%) PL/SQL
Quality Assurance & Compliance
1 1 (4.76%) Basel II
1 1 (4.76%) Basel III
1 1 (4.76%) Data Quality
Systems Management
1 1 (4.76%) Oracle Enterprise Manager
Vendors
1 1 (4.76%) Avaloq
1 1 (4.76%) Google
1 1 (4.76%) Microsoft
1 1 (4.76%) Oracle