The first table below looks at the prevalence of the term Interest Rate Derivative in IT jobs advertised for the City of London region. Included is a guide to the average salaries offered in IT jobs that have cited Interest Rate Derivative over the 3 months to 20 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the City of London region.

Location
3 months to
20 May 2013
Same period 2012 Same period 2011
Interest Rate Derivatives
Rank 267 296 221
Rank change year-on-year
+29 -75
Permanent jobs citing Interest Rate Derivative 50 27 101
As % of all permanent IT jobs located in the City of London 0.430% 0.206% 0.669%
As % of the Miscellaneous category 1.040% 0.522% 1.525%
Number of salaries quoted 46 25 97
Average salary £80,000 £70,000 £85,500
Average salary % change year-on-year
+14.28% -18.12%
90% offered a salary of more than £70,000 £59,500 £68,100
10% offered a salary of more than £95,000 £100,000 £100,000
UK excluding London average salary £52,500 - -
All of the Miscellaneous Category
City of London
Permanent IT job ads with a match in the
Miscellaneous category
4806 5168 6623
As % of all permanent IT jobs located in the City of London 41.31% 39.37% 43.90%
Number of salaries quoted 4146 4730 5995
Average salary £57,500 £57,500 £65,000
Average salary % change year-on-year
- -11.53%
90% offered a salary of more than £35,000 £34,000 £35,000
10% offered a salary of more than £85,000 £90,000 £82,500
UK excluding London average salary £38,625 £40,000 £37,500
% change year-on-year
-3.43% +6.66%
Interest Rate Derivative
London

Interest Rate Derivative
Jobs Demand Trend

This chart provides a 3-month moving total of permanent IT jobs citing Interest Rate Derivative across the City of London region as a proportion of the total demand within the Miscellaneous category.

City of London Interest Rate Derivative Jobs Demand Trend

Interest Rate Derivative
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Interest Rate Derivative across the City of London region.

City of London Interest Rate Derivative Salary Trend

Interest Rate Derivative
Salary Histogram

This chart provides a salary histogram for IT jobs citing Interest Rate Derivative across the City of London region over the 3 months to 20 May 2013.

City of London Interest Rate Derivative Salary Histogram

Interest Rate Derivative
Top 30 Related IT Skills

For the 6 months to 20 May 2013, IT jobs across the City of London region citing Interest Rate Derivative also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled that cited Interest Rate Derivative.

1 73 (89.02%) Derivative
2 58 (70.73%) Front Office
3 51 (62.20%) Banking
4 47 (57.32%) Fixed Income
5 44 (53.66%) Investment Banking
6 40 (48.78%) SQL
7 38 (46.34%) Java
7 38 (46.34%) UNIX
8 36 (43.90%) Finance
9 34 (41.46%) Oracle
10 26 (31.71%) Linux
11 25 (30.49%) Risk Management
12 23 (28.05%) Spring
13 21 (25.61%) TIBCO
14 17 (20.73%) Subversion
14 17 (20.73%) Oracle Coherence
15 16 (19.51%) DataSynapse
15 16 (19.51%) Foreign Exchange (FX)
16 15 (18.29%) Murex
16 15 (18.29%) C#
16 15 (18.29%) Business Analysis
16 15 (18.29%) Maven
16 15 (18.29%) Grid Computing
16 15 (18.29%) Hibernate
16 15 (18.29%) Agile Software Development
16 15 (18.29%) TeamCity
17 14 (17.07%) Summit
17 14 (17.07%) XML
18 13 (15.85%) Sybase
19 12 (14.63%) TDD

Interest Rate Derivative
Top Related IT Skills by Category

For the 6 months to 20 May 2013, IT jobs across the City of London region citing Interest Rate Derivative also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled that cited Interest Rate Derivative. Up to 20 skills are shown per category.

Application Development
1 23 (28.05%) Spring
2 15 (18.29%) Hibernate
3 14 (17.07%) XML
4 11 (13.41%) .NET
5 9 (10.98%) WinForms
5 9 (10.98%) FpML
6 8 (9.756%) Middleware
6 8 (9.756%) JMS
7 6 (7.317%) JAXB
7 6 (7.317%) SAX
7 6 (7.317%) DOM
7 6 (7.317%) Spring Integration
7 6 (7.317%) HTML5
8 4 (4.878%) Web Services
9 3 (3.659%) J2EE
9 3 (3.659%) HTML
10 2 (2.439%) SOAP
10 2 (2.439%) WPF
10 2 (2.439%) RESTful
10 2 (2.439%) REST
Application Platforms
1 17 (20.73%) Oracle Coherence
2 3 (3.659%) SAS
2 3 (3.659%) Mathematica
Applications
1 3 (3.659%) MS Excel
1 3 (3.659%) Stata
Business Applications
1 14 (17.07%) Summit
2 5 (6.098%) Bloomberg TOMS
3 3 (3.659%) Kondor+
4 2 (2.439%) Monis
5 1 (1.220%) ION MarketView
Communications & Networking
1 8 (9.756%) HTTP
Database & Business Intelligence
1 6 (7.317%) DB2
1 6 (7.317%) MySQL
2 3 (3.659%) SQL Server
2 3 (3.659%) SQL Server Analysis Services
3 2 (2.439%) Data Mart
3 2 (2.439%) Spotfire
3 2 (2.439%) QlikView
3 2 (2.439%) Oracle 10g
3 2 (2.439%) OLAP
3 2 (2.439%) Oracle Reports
4 1 (1.220%) RDBMS
4 1 (1.220%) Microsoft Analysis Services
Development Applications
1 17 (20.73%) Subversion
2 15 (18.29%) Maven
2 15 (18.29%) TeamCity
3 2 (2.439%) ClearCase
General
1 58 (70.73%) Front Office
2 51 (62.20%) Banking
3 44 (53.66%) Investment Banking
4 36 (43.90%) Finance
5 6 (7.317%) Back Office
6 3 (3.659%) Advertising
7 1 (1.220%) Financial Institution
Job Titles
1 35 (42.68%) Analyst
2 32 (39.02%) Business Analyst
3 30 (36.59%) Developer
4 28 (34.15%) Java Developer
5 11 (13.41%) Senior Developer
5 11 (13.41%) Senior Java Developer
6 9 (10.98%) Investment Banking Business Analyst
7 7 (8.537%) Fixed Income Business Analyst
7 7 (8.537%) Architect
8 6 (7.317%) Java Architect
9 4 (4.878%) Project Manager
9 4 (4.878%) Business Project Manager
9 4 (4.878%) Business Manager
10 3 (3.659%) IT Business Analyst
10 3 (3.659%) Senior C++ Developer
10 3 (3.659%) Support Analyst
10 3 (3.659%) Applications Support
10 3 (3.659%) C++ Developer
10 3 (3.659%) Banking Business Analyst
10 3 (3.659%) C++/Java Developer
Miscellaneous
1 73 (89.02%) Derivative
2 47 (57.32%) Fixed Income
3 16 (19.51%) Foreign Exchange (FX)
4 15 (18.29%) Grid Computing
5 7 (8.537%) Credit Derivative
5 7 (8.537%) Hedge funds
6 6 (7.317%) Market Risk
6 6 (7.317%) Open Source
7 5 (6.098%) Equity Derivative
8 4 (4.878%) Mathematics
8 4 (4.878%) Equities
8 4 (4.878%) Management Information System
8 4 (4.878%) Swaptions
8 4 (4.878%) Credit Risk
9 1 (1.220%) Economics
9 1 (1.220%) Computer Science
Operating Systems
1 38 (46.34%) UNIX
2 26 (31.71%) Linux
3 2 (2.439%) Windows
3 2 (2.439%) Solaris
Processes & Methodologies
1 25 (30.49%) Risk Management
2 15 (18.29%) Agile Software Development
2 15 (18.29%) Business Analysis
3 12 (14.63%) TDD
4 11 (13.41%) Multithreading
5 10 (12.20%) Project Management
6 9 (10.98%) Migration
7 8 (9.756%) User Acceptance Testing
8 7 (8.537%) SOA
9 6 (7.317%) Data Analysis
9 6 (7.317%) Analytics
10 4 (4.878%) Change Management
11 3 (3.659%) RAD
11 3 (3.659%) Business Continuity
11 3 (3.659%) Release Management
11 3 (3.659%) IT Governance
12 2 (2.439%) Requirements Analysis
12 2 (2.439%) Electronic Trading
12 2 (2.439%) System Testing
12 2 (2.439%) Greeks
Programming Languages
1 40 (48.78%) SQL
2 38 (46.34%) Java
3 15 (18.29%) C#
4 11 (13.41%) C++
4 11 (13.41%) C
5 10 (12.20%) PL/SQL
6 6 (7.317%) VBA
6 6 (7.317%) Python
7 5 (6.098%) Shell Script
8 3 (3.659%) MATLAB
8 3 (3.659%) Perl
9 2 (2.439%) Korn
9 2 (2.439%) PowerShell
Qualifications
1 7 (8.537%) Degree
Quality Assurance & Compliance
1 2 (2.439%) Sarbanes-Oxley
System Software
1 2 (2.439%) Cronacle
Vendors
1 34 (41.46%) Oracle
2 21 (25.61%) TIBCO
3 16 (19.51%) DataSynapse
4 15 (18.29%) Murex
5 13 (15.85%) Sybase
6 8 (9.756%) Calypso
7 5 (6.098%) Bloomberg
8 3 (3.659%) Algorithmics
8 3 (3.659%) OpenLink
8 3 (3.659%) Fidessa
8 3 (3.659%) Wall Street Systems
9 2 (2.439%) Sun
10 1 (1.220%) Microsoft
10 1 (1.220%) ION Trading
City, London
The products that this area covers are bonds, interest rate derivatives, money market products, FX, loan, credit derivatives and inflation derivatives... Requirements: Solid development experience in core java.
iKas International
Posted: 15 May 2013
City of London
Global Investment bank based in London, seeking an extremely strong Excel VBA Developer with exceptional business knowledge, specifically in Interest Rate Derivatives and/or FX Options... The main...
Huxley Associates
Posted: 15 May 2013