Credit Derivative Contracts with Work from Home Options

Credit Derivatives
UK > Work from Home

The table below looks at the prevalence of the term Credit Derivative 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 Derivative over the 6 months to 3 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
3 Jun 2024
Same period 2023 Same period 2022
Rank 320 433 599
Rank change year-on-year +113 +166 -
Contract jobs citing Credit Derivative 22 31 20
As % of all contract jobs with a WFH option 0.15% 0.13% 0.045%
As % of the Miscellaneous category 0.52% 0.40% 0.14%
Number of daily rates quoted 22 31 17
10th Percentile - £688 £585
25th Percentile £788 £725 £638
Median daily rate (50th Percentile) £850 £750 £725
Median % change year-on-year +13.33% +3.45% -
75th Percentile £941 £756 £775
90th Percentile £950 £763 -
UK median daily rate £850 £750 £700
% change year-on-year +13.33% +7.14% -3.45%

All Generic Skills
Work from Home

Credit Derivative 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 4,212 7,673 14,090
As % of all contract jobs with a WFH option 28.94% 31.66% 31.68%
Number of daily rates quoted 2,870 5,442 10,155
10th Percentile £325 £363 £363
25th Percentile £438 £455 £450
Median daily rate (50th Percentile) £550 £550 £550
Median % change year-on-year - - +10.00%
75th Percentile £675 £683 £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 184 148 224
10th Percentile £15.73 £19.00 £15.00
25th Percentile £25.50 £25.53 £20.75
Median hourly rate £51.00 £52.50 £44.50
Median % change year-on-year -2.86% +17.98% +28.84%
75th Percentile £70.00 £70.00 £62.18
90th Percentile £72.50 £75.00 £68.75
UK median hourly rate £35.50 £22.00 £26.98
% change year-on-year +61.36% -18.46% +5.80%

Credit Derivative
Trend for Jobs with a WFH Option

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

Credit Derivative trend for jobs with a WFH option

Credit Derivative
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 Derivative.

Credit Derivative daily rate for jobs with a WFH option

Credit Derivative
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Credit Derivative over the 6 months to 3 June 2024.

Credit Derivative daily rate histogram 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:

Cloud Services
1 3 (13.64%) AWS
Database & Business Intelligence
1 4 (18.18%) MySQL
1 4 (18.18%) Oracle Database
Development Applications
1 12 (54.55%) Cucumber
1 12 (54.55%) GitLab
1 12 (54.55%) Jenkins
1 12 (54.55%) JUnit
1 12 (54.55%) Mockito
General
1 18 (81.82%) Finance
2 13 (59.09%) Front Office
3 6 (27.27%) Analytical Skills
Job Titles
1 18 (81.82%) Developer
2 16 (72.73%) Java Developer
3 12 (54.55%) Senior
3 12 (54.55%) Senior Developer
3 12 (54.55%) Senior Java Developer
4 4 (18.18%) Analyst
4 4 (18.18%) Core Java Developer
4 4 (18.18%) Credit Analyst
4 4 (18.18%) DBA
4 4 (18.18%) MySQL DBA
4 4 (18.18%) MySQL Developer
4 4 (18.18%) Oracle DBA
4 4 (18.18%) Oracle Developer
4 4 (18.18%) Qualitative Analyst
4 4 (18.18%) Quantitative Analyst
5 2 (9.09%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 15 (68.18%) Spring Boot
2 4 (18.18%) ActiveMQ
2 4 (18.18%) Hibernate
2 4 (18.18%) JPA
3 3 (13.64%) Spring
Miscellaneous
1 9 (40.91%) Derivative
2 4 (18.18%) Hedge funds
2 4 (18.18%) Management Information System
Processes & Methodologies
1 12 (54.55%) CI/CD
1 12 (54.55%) DevOps
1 12 (54.55%) SDLC
2 6 (27.27%) Analytical Modelling
2 6 (27.27%) Mathematics
2 6 (27.27%) Model Validation
2 6 (27.27%) Physics
2 6 (27.27%) Quantitative Finance
2 6 (27.27%) Statistics
3 2 (9.09%) Electronic Trading
Programming Languages
1 16 (72.73%) Java
2 6 (27.27%) C++
2 6 (27.27%) Python
3 4 (18.18%) R
Qualifications
1 6 (27.27%) Degree
1 6 (27.27%) Numerate Degree
Systems Management
1 3 (13.64%) Ansible
Vendors
1 4 (18.18%) IBM
1 4 (18.18%) Oracle