The 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 27 February 2015 with a comparison to the same period in the previous 2 years.

Location
3 months to
27 Feb 2015
Same period 2014 Same period 2013
Interest Rate Derivatives
Rank 307 267 286
Rank change year-on-year
-40 +19
Permanent jobs citing Interest Rate Derivative 4 46 26
As % of all permanent IT jobs located in the City of London 0.038% 0.44% 0.24%
As % of the Miscellaneous category 0.092% 0.94% 0.53%
Number of salaries quoted 4 21 25
Average salary £65,000 £67,000 £75,000
Average salary % change year-on-year
-2.98% -10.66%
UK excluding London average salary - - -
Interest Rate Derivative
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in permanent jobs advertised in the City of London region.

Miscellaneous Category
City of London
Permanent IT job ads with a match in the
Miscellaneous category
4327 4896 4942
As % of all permanent IT jobs located in the City of London 41.59% 47.14% 45.49%
Number of salaries quoted 3625 4064 4416
Average salary £55,000 £55,000 £55,000
90% offered a salary of more than £33,500 £34,500 £34,000
10% offered a salary of more than £82,500 £82,500 £87,500
UK excluding London average salary £40,000 £40,000 £38,500
% change year-on-year
- +3.89%

Interest Rate Derivative
Jobs Demand Trend in the City of London

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.

Interest Rate Derivative Jobs Demand Trend in the City of London

Interest Rate Derivative
Salary Trend in the City of London

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.

Interest Rate Derivative Salary Trend in the City of London

Interest Rate Derivative
Top 30 Related IT Skills in the City of London

For the 6 months to 27 February 2015, 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 15 (93.75%) Derivative
2 9 (56.25%) Java
3 7 (43.75%) SQL
3 7 (43.75%) Front Office
3 7 (43.75%) JIRA
3 7 (43.75%) Finance
4 6 (37.50%) Fixed Income
4 6 (37.50%) C#
5 5 (31.25%) C++
5 5 (31.25%) UNIX
5 5 (31.25%) JMS
5 5 (31.25%) Risk Management
5 5 (31.25%) Subversion
5 5 (31.25%) Maven
5 5 (31.25%) Oracle Coherence
6 4 (25.00%) ISEB Practitioner
6 4 (25.00%) Banking
6 4 (25.00%) Software Testing
6 4 (25.00%) Test Management
6 4 (25.00%) Investment Banking
6 4 (25.00%) C
6 4 (25.00%) Calypso
6 4 (25.00%) HP
6 4 (25.00%) ISEB
6 4 (25.00%) Murex
6 4 (25.00%) .NET
6 4 (25.00%) Oracle
6 4 (25.00%) HP Quality Center
7 3 (18.75%) Confluence
7 3 (18.75%) Groovy

Interest Rate Derivative
Top Related IT Skills in the City of London by Category

For the 6 months to 27 February 2015, 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 Platforms
1 5 (31.25%) Oracle Coherence
2 3 (18.75%) Confluence
2 3 (18.75%) MQSeries
3 1 (6.25%) Apache Spark
Business Applications
1 3 (18.75%) Summit
Database & Business Intelligence
1 1 (6.25%) Hadoop
1 1 (6.25%) Big Data
1 1 (6.25%) Oracle Database
1 1 (6.25%) Impala
Development Applications
1 7 (43.75%) JIRA
2 5 (31.25%) Subversion
2 5 (31.25%) Maven
3 3 (18.75%) Hudson
4 2 (12.50%) TeamCity
4 2 (12.50%) Git (software)
General
1 7 (43.75%) Front Office
1 7 (43.75%) Finance
2 4 (25.00%) Banking
2 4 (25.00%) Investment Banking
3 3 (18.75%) Back Office
4 1 (6.25%) Law
Job Titles
1 11 (68.75%) Developer
2 5 (31.25%) Java Developer
3 4 (25.00%) Test Manager
4 3 (18.75%) Front Office Developer
5 2 (12.50%) Summit Developer
6 1 (6.25%) Excel Developer
6 1 (6.25%) Senior Excel Developer
6 1 (6.25%) C# Developer
6 1 (6.25%) Quantitative Developer
6 1 (6.25%) Senior Developer
Libraries, Frameworks & Software Standards
1 5 (31.25%) JMS
2 4 (25.00%) .NET
3 3 (18.75%) SOAP
3 3 (18.75%) XML
3 3 (18.75%) CORBA
3 3 (18.75%) FpML
3 3 (18.75%) Hibernate
3 3 (18.75%) Spring
3 3 (18.75%) .NET Framework
3 3 (18.75%) REST
4 2 (12.50%) RESTful
5 1 (6.25%) WPF
5 1 (6.25%) WinForms
Miscellaneous
1 15 (93.75%) Derivative
2 6 (37.50%) Fixed Income
3 3 (18.75%) Equities
3 3 (18.75%) Credit Derivative
3 3 (18.75%) Credit Risk
4 1 (6.25%) Hedge funds
Operating Systems
1 5 (31.25%) UNIX
2 2 (12.50%) Linux
Processes & Methodologies
1 5 (31.25%) Risk Management
2 4 (25.00%) Software Testing
2 4 (25.00%) Test Management
3 3 (18.75%) User Acceptance Testing
3 3 (18.75%) Unit Testing
3 3 (18.75%) Workflow
3 3 (18.75%) Disaster Recovery
3 3 (18.75%) Straight-Through Processing
4 2 (12.50%) Agile Software Development
4 2 (12.50%) Multithreading
5 1 (6.25%) Financial Modelling
5 1 (6.25%) Migration
5 1 (6.25%) Analytics
5 1 (6.25%) Systematic Trading
Programming Languages
1 9 (56.25%) Java
2 7 (43.75%) SQL
3 6 (37.50%) C#
4 5 (31.25%) C++
5 4 (25.00%) C
6 3 (18.75%) Perl
6 3 (18.75%) Groovy
7 2 (12.50%) Scala
7 2 (12.50%) VBA
Qualifications
1 4 (25.00%) ISEB
1 4 (25.00%) ISEB Practitioner
Systems Management
1 4 (25.00%) HP Quality Center
Vendors
1 4 (25.00%) Oracle
1 4 (25.00%) Murex
1 4 (25.00%) Calypso
1 4 (25.00%) HP
2 3 (18.75%) IONA
2 3 (18.75%) DataSynapse
2 3 (18.75%) Misys
3 1 (6.25%) Sybase
3 1 (6.25%) Foundry
3 1 (6.25%) TIBCO
City, London
Bank of America Merrill Lynch
Posted: 2 days ago