The first table below looks at the prevalence of the term Credit Derivative in IT jobs advertised across the UK. Included is a guide to the average salaries offered in IT jobs that have cited Credit Derivative over the 3 months to 24 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.

Location
3 months to
24 May 2013
Same period 2012 Same period 2011
Credit Derivatives
Rank 729 660 419
Rank change year-on-year
-69 -241
Permanent jobs citing Credit Derivative 133 244 584
As % of all permanent IT jobs located in the UK 0.123% 0.202% 0.469%
As % of the Miscellaneous category 0.369% 0.610% 1.357%
Number of salaries quoted 118 213 462
Average salary £75,000 £67,500 £72,500
Average salary % change year-on-year
+11.11% -6.89%
90% offered a salary of more than £52,500 £45,000 £50,000
10% offered a salary of more than £95,000 £89,000 £90,000
UK excluding London average salary £52,500 - -
All of the Miscellaneous Category
UK
Permanent IT job ads with a match in the
Miscellaneous category
36050 39991 43024
As % of all permanent IT jobs located in the UK 33.36% 33.14% 34.58%
Number of salaries quoted 29589 33707 36075
Average salary £45,000 £45,000 £47,500
Average salary % change year-on-year
- -5.26%
90% offered a salary of more than £28,000 £28,500 £28,000
10% offered a salary of more than £75,000 £82,500 £75,000
UK excluding London average salary £39,000 £40,000 £37,500
% change year-on-year
-2.50% +6.66%

Credit Derivative
Jobs Demand Trend

This chart provides the 3-month moving total of permanent IT jobs citing Credit Derivative within the UK as a proportion of the total demand within the Miscellaneous category.

Credit Derivative Jobs Demand Trend

Credit Derivative
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Credit Derivative within the UK.

Credit Derivative Salary Trend

Credit Derivative
Salary Histogram

This chart provides a salary histogram for IT jobs citing Credit Derivative over the 3 months to 24 May 2013 within the UK.

Credit Derivative Salary Histogram

Credit Derivative
Top 6 Job Locations

The table below looks at the demand and provides a guide to the average salaries quoted in IT jobs citing Credit Derivative within the UK over the 3 months to 24 May 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Average Salary
Last 3 Months
Average Salary
% Change
on Same Period
Last Year
London -59 121 £77,500 +14.81%
England -96 121 £77,500 +14.81%
City of London -64 47 £80,000 +23.07%
Glasgow - 12 £52,500 -
Scotland - 12 £52,500 -
Canary Wharf - 2 £87,500 -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT jobs within the UK citing Credit 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 Credit Derivative.

1 207 (88.84%) Derivative
2 148 (63.52%) Fixed Income
3 117 (50.21%) Front Office
4 107 (45.92%) Finance
5 85 (36.48%) UNIX
6 75 (32.19%) C#
7 66 (28.33%) Interest Rate Derivative
7 66 (28.33%) Banking
8 64 (27.47%) Java
9 62 (26.61%) SQL
10 60 (25.75%) Foreign Exchange (FX)
11 58 (24.89%) Linux
12 56 (24.03%) Degree
13 54 (23.18%) C++
14 43 (18.45%) Investment Banking
15 42 (18.03%) Sybase
16 36 (15.45%) Computer Science
17 35 (15.02%) XML
18 34 (14.59%) OO
19 30 (12.88%) Oracle
19 30 (12.88%) Equity Derivative
20 28 (12.02%) QA
21 27 (11.59%) C
22 25 (10.73%) Equities
23 23 (9.871%) Mathematics
24 22 (9.442%) Credit Risk
25 21 (9.013%) Risk Management
25 21 (9.013%) .NET
25 21 (9.013%) Windows
26 19 (8.155%) Project Management

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT jobs within the UK citing Credit 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 Credit Derivative. Up to 20 skills are shown per category.

Application Development
1 35 (15.02%) XML
2 21 (9.013%) .NET
3 16 (6.867%) FpML
4 14 (6.009%) WinForms
5 12 (5.150%) WPF
6 8 (3.433%) SOAP
6 8 (3.433%) Web Services
7 7 (3.004%) J2EE
8 6 (2.575%) Spring
9 5 (2.146%) Protocol Buffers
9 5 (2.146%) Apache Avro
9 5 (2.146%) JMS
10 4 (1.717%) FIX Protocol
10 4 (1.717%) Gherkin
11 3 (1.288%) Swing
12 2 (0.858%) .NET Framework
13 1 (0.429%) Reactive Extensions
13 1 (0.429%) REST
13 1 (0.429%) WCF
13 1 (0.429%) LINQ
Application Platforms
1 2 (0.858%) TIBCO EMS
2 1 (0.429%) Confluence
2 1 (0.429%) Oracle Coherence
2 1 (0.429%) Mathematica
2 1 (0.429%) Rendezvous
2 1 (0.429%) SAS
2 1 (0.429%) Apache
Applications
1 3 (1.288%) MS Excel
2 2 (0.858%) MS Visio
3 1 (0.429%) MS PowerPoint
3 1 (0.429%) Stata
Business Applications
1 3 (1.288%) Front Arena
2 2 (0.858%) LongView
2 2 (0.858%) SimCorp Dimension
2 2 (0.858%) LatentZero
3 1 (0.429%) Bloomberg TOMS
3 1 (0.429%) ION MarketView
3 1 (0.429%) Summit
3 1 (0.429%) RMDS
3 1 (0.429%) Kondor+
Communications & Networking
1 11 (4.721%) HTTP
2 6 (2.575%) DHCP
2 6 (2.575%) VPN
2 6 (2.575%) DNS
2 6 (2.575%) LDAP
2 6 (2.575%) Firewall
2 6 (2.575%) Wireless
2 6 (2.575%) Wireless Security
2 6 (2.575%) Intrusion Detection
Database & Business Intelligence
1 16 (6.867%) DB2
2 10 (4.292%) SQL Server
3 6 (2.575%) Data Warehouse
3 6 (2.575%) Hadoop
3 6 (2.575%) Big Data
4 5 (2.146%) RDBMS
5 2 (0.858%) SQL Server 2005
5 2 (0.858%) SQL Server 2008
6 1 (0.429%) Oracle 11g
6 1 (0.429%) Spotfire
6 1 (0.429%) Oracle OLAP
6 1 (0.429%) KDB
6 1 (0.429%) InterSystems Cache
6 1 (0.429%) Oracle 10g
6 1 (0.429%) Data Mining
6 1 (0.429%) OLAP
Development Applications
1 8 (3.433%) JIRA
2 7 (3.004%) Subversion
3 6 (2.575%) Git (software)
3 6 (2.575%) Maven
4 5 (2.146%) Hudson
4 5 (2.146%) Atlassian Bamboo
4 5 (2.146%) Selenium
5 4 (1.717%) Cucumber
6 1 (0.429%) TeamCity
6 1 (0.429%) JUnit
General
1 117 (50.21%) Front Office
2 107 (45.92%) Finance
3 66 (28.33%) Banking
4 43 (18.45%) Investment Banking
5 16 (6.867%) Financial Institution
6 12 (5.150%) Back Office
7 6 (2.575%) International Banking
8 1 (0.429%) General Ledger
8 1 (0.429%) Games
8 1 (0.429%) Legal
8 1 (0.429%) Telecoms
Job Titles
1 106 (45.49%) Developer
2 96 (41.20%) Analyst
3 47 (20.17%) Business Analyst
4 36 (15.45%) Java Developer
4 36 (15.45%) C++ Developer
5 27 (11.59%) C# Developer
5 27 (11.59%) Support Analyst
6 24 (10.30%) Senior Developer
7 23 (9.871%) C Developer
8 21 (9.013%) Applications Support
9 19 (8.155%) Senior Java Developer
10 17 (7.296%) Applications Support Analyst
11 13 (5.579%) Project Manager
12 12 (5.150%) Senior C# Developer
12 12 (5.150%) Front Office Developer
12 12 (5.150%) Senior Analyst
13 10 (4.292%) Analyst Developer
13 10 (4.292%) Credit Risk Project Manager
14 9 (3.863%) Senior Business Analyst
15 8 (3.433%) Test Analyst
Miscellaneous
1 207 (88.84%) Derivative
2 148 (63.52%) Fixed Income
3 66 (28.33%) Interest Rate Derivative
4 60 (25.75%) Foreign Exchange (FX)
5 36 (15.45%) Computer Science
6 30 (12.88%) Equity Derivative
7 25 (10.73%) Equities
8 23 (9.871%) Mathematics
9 22 (9.442%) Credit Risk
10 18 (7.725%) Market Risk
11 16 (6.867%) Physics
12 11 (4.721%) Enterprise Software
12 11 (4.721%) Hedge funds
13 6 (2.575%) PKI
14 5 (2.146%) Grid Computing
15 3 (1.288%) IIBA
16 2 (0.858%) Reference Data
17 1 (0.429%) Statistics
Operating Systems
1 85 (36.48%) UNIX
2 58 (24.89%) Linux
3 21 (9.013%) Windows
Processes & Methodologies
1 34 (14.59%) OO
2 21 (9.013%) Risk Management
3 19 (8.155%) Project Management
4 18 (7.725%) Agile Software Development
5 15 (6.438%) Business Analysis
5 15 (6.438%) Multithreading
5 15 (6.438%) Electronic Trading
6 14 (6.009%) Analytics
7 13 (5.579%) Data Modelling
7 13 (5.579%) Greeks
8 8 (3.433%) Asset Management
8 8 (3.433%) BDD
9 7 (3.004%) Data Analysis
9 7 (3.004%) Incident Management
10 6 (2.575%) RAD
10 6 (2.575%) Risk Assessment
10 6 (2.575%) Information Security
10 6 (2.575%) Regression Testing
10 6 (2.575%) Information Security Management
10 6 (2.575%) Security Management
Programming Languages
1 75 (32.19%) C#
2 64 (27.47%) Java
3 62 (26.61%) SQL
4 54 (23.18%) C++
5 27 (11.59%) C
6 16 (6.867%) Bash shell
6 16 (6.867%) Korn
7 12 (5.150%) VBA
7 12 (5.150%) Python
8 8 (3.433%) MATLAB
9 5 (2.146%) Groovy
10 3 (1.288%) T-SQL
11 2 (0.858%) Perl
11 2 (0.858%) Shell Script
12 1 (0.429%) R
12 1 (0.429%) XAML
12 1 (0.429%) PL/SQL
12 1 (0.429%) VBScript
12 1 (0.429%) VB
Qualifications
1 56 (24.03%) Degree
2 4 (1.717%) ISEB
2 4 (1.717%) PhD
3 2 (0.858%) CFA
4 1 (0.429%) ISTQB
Quality Assurance & Compliance
1 28 (12.02%) QA
2 6 (2.575%) ISO/IEC 27001
3 1 (0.429%) Basel III
System Software
1 6 (2.575%) Active Directory
Systems Management
1 5 (2.146%) Puppet
1 5 (2.146%) MOM
Vendors
1 42 (18.03%) Sybase
2 30 (12.88%) Oracle
3 18 (7.725%) TIBCO
4 9 (3.863%) Microsoft
4 9 (3.863%) Calypso
5 8 (3.433%) Infragistics
6 5 (2.146%) StatPro
7 3 (1.288%) Bloomberg
8 2 (0.858%) Charles River
8 2 (0.858%) Perforce
8 2 (0.858%) SimCorp
8 2 (0.858%) ION Trading
8 2 (0.858%) Tradeweb
8 2 (0.858%) MarketAxess
8 2 (0.858%) thinkFolio
9 1 (0.429%) 29West
9 1 (0.429%) Terracotta
9 1 (0.429%) Syncfusion
9 1 (0.429%) Wall Street Systems
9 1 (0.429%) DevExpress
City, London
Candidates must have strong knowledge of Credit Risk or Market Risk, and in-depth knowledge of Counterparty risk across a number of Asset classes including (two or more...
McGregor Boyall
Salary: £80K - £95K base
Posted: 17 May 2013
Belfast, Northern Ireland
The work will be highly technical and challenging and therefore experience with some of the following key skills are required: - Java, - C++ - C# - SQL - J2EE - Matlab - HTMLThe ideal...
Real Time Recruitment
Salary: £25,000 - £35,000 per year
Posted: 7 May 2013
City, London
Front Office Business Analyst - Counterparty/Market OR Credit Risk/SQL - Investment Bank... Experience and understanding of derivative (linear and option) products and their market risks for at least...
McGregor Boyall
Salary: £75000 - £95000 per annum + Benefits
Posted: 22 May 2013
City, London
My client, a leading global Investment Bank, seeks to find a highly proficient Front Office Java Developer to work within the OTC Derivatives space of a growing organisation.
Thomson Keene Associates
Salary: £70000 - £85000 per annum + Excellent Banking Benefits + Bonus
Posted: 20 May 2013
Glasgow, Scotland
10+ years professional IT experience- 10+ years professional Java experience - 7+ years professional C# experience- Strong design fundamentals (OO, patterns, etc)- Strong XML knowledge- Strong verbal and written...
Claremont Consulting
Salary: £45000 - £60000 per annum + excellent benefits
Posted: 16 May 2013
City of London
Knowledge of Cash eTrading (ION platform, Bloomberg, Tradeweb, Bondvision, Market Axess, etc ) Excellent understanding of Credit Derivatives Good understanding of bond pricing is also necessary (Asset swap, Z-...
Real Staffing
Posted: 17 May 2013
London
Supporting and enhancing the existing infrastructure and applications across a variety of technologies (.NET, Java, RBDMS)... Dependent Technology teams (Trade Processing, Shared Services) Market Risk and Credit Risk...
Citi
Salary: Competitive salary offered
Posted: 13 May 2013
City, London
My client, a leading Investment Bank, is looking for a Senior Project Manager with knowledge around Credit flow products to join a front office team working on a...
Nicoll Curtin
Salary: £80000 - £120000 per annum + Exceptional Benefits
Posted: 17 May 2013
City, London
Excellent opportunity to work with blue chip asset management, hedge fund and investment management organisations globally... Provide daily OTC derivatives operational expertise to internal team... Strong OTC derivatives...
Anderson Cole Recruitment Ltd
Salary: From £75,000 to £99,000 per annum Bonus and benefits package
Posted: 20 May 2013