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 23 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 325 430 543
Rank change year-on-year +105 +113 -73
Contract jobs citing Credit Risk 20 40 73
As % of all contract jobs with a WFH option 0.14% 0.16% 0.17%
As % of the Miscellaneous category 0.47% 0.52% 0.52%
Number of daily rates quoted 16 23 58
10th Percentile £337 £405 £434
25th Percentile £445 £439 £496
Median daily rate (50th Percentile) £500 £600 £650
Median % change year-on-year -16.67% -7.69% +23.81%
75th Percentile £600 £653 £750
90th Percentile £625 £714 £832
UK median daily rate £550 £650 £660
% change year-on-year -15.38% -1.52% +5.60%

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 4,231 7,715 13,935
As % of all contract jobs with a WFH option 28.87% 31.58% 31.60%
Number of daily rates quoted 2,896 5,458 10,002
10th Percentile £325 £372 £363
25th Percentile £438 £456 £440
Median daily rate (50th Percentile) £550 £550 £545
Median % change year-on-year - +0.92% +9.00%
75th Percentile £675 £688 £650
90th Percentile £825 £800 £750
UK median daily rate £538 £550 £550
% change year-on-year -2.18% - +10.00%
Number of hourly rates quoted 185 146 226
10th Percentile £15.80 £19.00 £14.13
25th Percentile £25.50 £25.18 £20.75
Median hourly rate £52.50 £52.50 £44.50
Median % change year-on-year - +17.98% +43.55%
75th Percentile £70.00 £70.00 £60.00
90th Percentile £72.50 £75.00 £67.50
UK median hourly rate £32.50 £22.00 £26.98
% change year-on-year +47.73% -18.46% +3.77%

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 23 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 (25.00%) SAS
2 2 (10.00%) SharePoint
Applications
1 2 (10.00%) Microsoft Excel
1 2 (10.00%) MS Visio
2 1 (5.00%) Microsoft Office
Cloud Services
1 3 (15.00%) WhatsApp
2 1 (5.00%) Amazon S3
2 1 (5.00%) AWS
2 1 (5.00%) Azure
2 1 (5.00%) Azure DevOps
2 1 (5.00%) Power Platform
Database & Business Intelligence
1 1 (5.00%) Data Lake
1 1 (5.00%) Data Warehouse
1 1 (5.00%) KNIME
1 1 (5.00%) MS Access
1 1 (5.00%) Power BI
1 1 (5.00%) RDBMS
1 1 (5.00%) Relational Database
Development Applications
1 1 (5.00%) Git
1 1 (5.00%) Jenkins
1 1 (5.00%) JIRA
General
1 14 (70.00%) Finance
2 8 (40.00%) Banking
3 4 (20.00%) Social Skills
4 2 (10.00%) Retail
5 1 (5.00%) Financial Institution
5 1 (5.00%) Influencing Skills
5 1 (5.00%) Retail Finance
Job Titles
1 4 (20.00%) Analyst
1 4 (20.00%) Architect
1 4 (20.00%) Data Modeller
2 3 (15.00%) Credit Analyst
2 3 (15.00%) SAS Modeller
2 3 (15.00%) Security Architect
3 2 (10.00%) Credit Risk Analyst
3 2 (10.00%) Credit Risk Modeller
3 2 (10.00%) Risk Analyst
3 2 (10.00%) Scrum Master
3 2 (10.00%) Senior
4 1 (5.00%) Banking Analyst
4 1 (5.00%) Consultant
4 1 (5.00%) Data Consultant
4 1 (5.00%) Financial Analyst
4 1 (5.00%) PMO Analyst
4 1 (5.00%) Research Analyst
4 1 (5.00%) Risk Manager
4 1 (5.00%) Senior Research Analyst
4 1 (5.00%) Validation Consultant
Libraries, Frameworks & Software Standards
1 1 (5.00%) ODBC
1 1 (5.00%) Shiny
Miscellaneous
1 2 (10.00%) Market Risk
2 1 (5.00%) Blog
2 1 (5.00%) Reference Data
Processes & Methodologies
1 8 (40.00%) Analytics
2 7 (35.00%) Stress Testing
3 6 (30.00%) Data Modelling
4 5 (25.00%) Business Strategy
4 5 (25.00%) Portfolio Management
5 4 (20.00%) Agile
5 4 (20.00%) Risk Management
5 4 (20.00%) Validation
6 3 (15.00%) Credit Risk Modelling
6 3 (15.00%) DevOps
6 3 (15.00%) Regulatory Compliance
6 3 (15.00%) Scaled Agile Framework
7 2 (10.00%) Data Science
7 2 (10.00%) Internal Audit
7 2 (10.00%) Model Validation
7 2 (10.00%) Scrum
7 2 (10.00%) Servant Leadership
7 2 (10.00%) Sprint Planning
7 2 (10.00%) Sprint Retrospective
7 2 (10.00%) Sprint Review
Programming Languages
1 5 (25.00%) SQL
2 3 (15.00%) Python
3 2 (10.00%) R
3 2 (10.00%) VBA
4 1 (5.00%) C++
4 1 (5.00%) JavaScript
4 1 (5.00%) MATLAB
4 1 (5.00%) VB
Qualifications
1 2 (10.00%) Degree
1 2 (10.00%) Master's Degree
1 2 (10.00%) MBA
2 1 (5.00%) CFA
2 1 (5.00%) CISA
2 1 (5.00%) CRISC
2 1 (5.00%) PhD
2 1 (5.00%) Postgraduate
Quality Assurance & Compliance
1 6 (30.00%) IFRS
1 6 (30.00%) IFRS 9
2 1 (5.00%) Accessibility
2 1 (5.00%) PMO
Systems Management
1 1 (5.00%) Progress Chef
Vendors
1 1 (5.00%) CA
1 1 (5.00%) Microsoft