Financial Modelling Contracts in London

Financial Modelling
England > London

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Financial Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Modelling over the 6 months to 31 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
31 May 2024
Same period 2023 Same period 2022
Rank 348 447 504
Rank change year-on-year +99 +57 -52
Contract jobs citing Financial Modelling 42 30 90
As % of all contract jobs advertised in London 0.24% 0.12% 0.23%
As % of the Processes & Methodologies category 0.27% 0.13% 0.25%
Number of daily rates quoted 15 23 69
10th Percentile £460 £363 £423
25th Percentile £475 £575 £463
Median daily rate (50th Percentile) £550 £625 £550
Median % change year-on-year -12.00% +13.64% +12.82%
75th Percentile £850 £799 £700
90th Percentile £950 £950 £800
England median daily rate £575 £625 £550
% change year-on-year -8.00% +13.64% +4.76%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £90.50
Median hourly rate - - £91.00
75th Percentile - - £91.50
90th Percentile - - -
England median hourly rate - £24.00 £91.00
% change year-on-year - -73.63% +152.22%

All Process and Methodology Skills
London

Financial Modelling is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,450 23,106 35,695
As % of all contract IT jobs advertised in London 88.36% 90.87% 92.20%
Number of daily rates quoted 11,083 16,714 26,163
10th Percentile £340 £375 £390
25th Percentile £449 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £543
% change year-on-year -4.55% +1.38% +8.50%
Number of hourly rates quoted 320 262 405
10th Percentile £15.50 £18.00 £16.50
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £28.00 £39.21 £35.08
Median % change year-on-year -28.59% +11.79% +7.35%
75th Percentile £48.75 £64.50 £50.00
90th Percentile £68.08 £82.50 £67.50
England median hourly rate £37.50 £37.50 £25.00
% change year-on-year - +50.00% +11.11%

Financial Modelling
Job Vacancy Trend in London

Job postings citing Financial Modelling as a proportion of all IT jobs advertised in London.

Job vacancy trend for Financial Modelling in London

Financial Modelling
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Financial Modelling in London.

Daily rate trend for Financial Modelling in London

Financial Modelling
Daily Rate Histogram in London

Daily rate distribution for jobs citing Financial Modelling in London over the 6 months to 31 May 2024.

Daily rate histogram for Financial Modelling in London

Financial Modelling
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Financial Modelling in London.

Hourly rate trend for Financial Modelling in London

Financial Modelling
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Modelling within the London region over the 6 months to 31 May 2024. 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
Central London +44 7 £850 - 8
East London -4 2 £460 +22.67% 2
Financial Modelling
England

Financial Modelling
Co-occurring Skills and Capabilities in London 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 1 (2.38%) Confluence
Applications
1 7 (16.67%) Microsoft Excel
2 4 (9.52%) Microsoft Office
3 2 (4.76%) MS Visio
3 2 (4.76%) Spreadsheet
4 1 (2.38%) CPLEX
Business Applications
1 1 (2.38%) Cloudability
Cloud Services
1 12 (28.57%) Azure
2 8 (19.05%) Azure DevOps
2 8 (19.05%) GitHub
3 6 (14.29%) AWS
4 4 (9.52%) Power Platform
5 1 (2.38%) Dynamics 365
5 1 (2.38%) GCP
5 1 (2.38%) IaaS
5 1 (2.38%) Microsoft 365
5 1 (2.38%) PaaS
5 1 (2.38%) SaaS
Database & Business Intelligence
1 8 (19.05%) NoSQL
2 4 (9.52%) Power BI
3 2 (4.76%) Data Warehouse
4 1 (2.38%) Relational Database
Development Applications
1 2 (4.76%) JIRA
2 1 (2.38%) Git
2 1 (2.38%) GitLab
2 1 (2.38%) Robot Framework
2 1 (2.38%) Selenium
2 1 (2.38%) Team Foundation Server
General
1 42 (100.00%) Finance
2 15 (35.71%) Social Skills
3 11 (26.19%) Analytical Skills
4 10 (23.81%) Banking
5 8 (19.05%) Front Office
5 8 (19.05%) Investment Banking
6 7 (16.67%) Presentation Skills
7 5 (11.90%) Corporate Banking
7 5 (11.90%) Law
7 5 (11.90%) Retail
7 5 (11.90%) Retail Banking
7 5 (11.90%) Wholesale Banking
8 4 (9.52%) Legal
8 4 (9.52%) Organisational Skills
9 3 (7.14%) Public Sector
9 3 (7.14%) Telecoms
10 1 (2.38%) Aviation
10 1 (2.38%) Billing
10 1 (2.38%) Inclusion and Diversity
10 1 (2.38%) Influencing Skills
Job Titles
1 14 (33.33%) Analyst
1 14 (33.33%) Developer
2 8 (19.05%) Quantitative Developer
3 7 (16.67%) Python Developer
4 6 (14.29%) Senior
5 5 (11.90%) Qualitative Analyst
5 5 (11.90%) Quantitative Analyst
6 4 (9.52%) Consultant
6 4 (9.52%) Financial Analyst
6 4 (9.52%) IT Consultant
6 4 (9.52%) Senior Developer
6 4 (9.52%) Senior Quantitative Developer
7 3 (7.14%) Lead
7 3 (7.14%) Project Manager
8 2 (4.76%) Architect
8 2 (4.76%) Credit Analyst
8 2 (4.76%) Energy Trading Developer
8 2 (4.76%) Senior Analyst
8 2 (4.76%) Senior Python Developer
8 2 (4.76%) Senior Research Analyst
Libraries, Frameworks & Software Standards
1 9 (21.43%) Pandas
2 8 (19.05%) NumPy
2 8 (19.05%) SciPy
3 1 (2.38%) DCOM
3 1 (2.38%) Django
3 1 (2.38%) Flask
3 1 (2.38%) pytest
Miscellaneous
1 8 (19.05%) Derivative
2 7 (16.67%) Credit Risk
3 2 (4.76%) Reference Data
3 2 (4.76%) Renewable Energy
3 2 (4.76%) Solar Panel
4 1 (2.38%) Data Centre
4 1 (2.38%) Equity Risk
4 1 (2.38%) Fixed Income
4 1 (2.38%) Hybrid Cloud
4 1 (2.38%) Mainframe
4 1 (2.38%) Management Information System
4 1 (2.38%) Onboarding
4 1 (2.38%) Reinsurance
4 1 (2.38%) Team-Oriented Environment
Operating Systems
1 1 (2.38%) Linux
1 1 (2.38%) Unix
Processes & Methodologies
1 10 (23.81%) DevOps
2 9 (21.43%) CI/CD
2 9 (21.43%) Test Automation
3 8 (19.05%) Backtesting
3 8 (19.05%) Computer Science
3 8 (19.05%) Data Pipeline
3 8 (19.05%) Decision-Making
3 8 (19.05%) Mathematics
3 8 (19.05%) Product Requirements
3 8 (19.05%) Risk Management
4 7 (16.67%) Analytics
4 7 (16.67%) Applied Mathematics
4 7 (16.67%) Architectural Patterns
4 7 (16.67%) Mathematical Modelling
4 7 (16.67%) Software Engineering
5 6 (14.29%) Business Case
5 6 (14.29%) Business Intelligence
5 6 (14.29%) Project Management
5 6 (14.29%) Strategic Planning
6 5 (11.90%) Process Improvement
Programming Languages
1 15 (35.71%) Python
2 11 (26.19%) SQL
3 8 (19.05%) C++
3 8 (19.05%) Java
3 8 (19.05%) Rust
4 3 (7.14%) VBA
5 2 (4.76%) MATLAB
Qualifications
1 15 (35.71%) Degree
2 5 (11.90%) SC Cleared
2 5 (11.90%) Security Cleared
3 4 (9.52%) ACCA
4 3 (7.14%) Master's Degree
5 2 (4.76%) CFA
5 2 (4.76%) MBA
5 2 (4.76%) Postgraduate
Quality Assurance & Compliance
1 1 (2.38%) GAAP
1 1 (2.38%) PMO
Vendors
1 4 (9.52%) Oracle
2 2 (4.76%) Microsoft
3 1 (2.38%) Google
3 1 (2.38%) SAP