The table below looks at the prevalence of the term Credit Derivative in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Derivative over the 3 months to 26 June 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Credit Derivatives
London / City of London
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 166 160 190
Rank change year-on-year -6 +30  
Contract jobs citing Credit Derivative 3 5 16
As % of all contract IT jobs advertised in the City of London 0.090% 0.15% 0.28%
As % of the Miscellaneous category 0.22% 0.38% 0.72%
Number of daily rates quoted 3 5 14
Median daily rate £500 £650 £575
Median daily rate % change year-on-year -23.07% +13.04%  
UK excluding London median daily rate - - £525
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Credit Derivative is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

Generic IT Skills
City of London
Contract job vacancies with a requirement for generic IT skills 1390 1315 2212
As % of all contract IT job vacancies advertised in the City of London 41.89% 39.55% 38.09%
Number of daily rates quoted 1051 1107 1768
Median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.52% -  
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £675 £650 £650
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 14 15 38
Median hourly rate £18.70 £17.50 £22.29
Median hourly rate % change year-on-year +6.82% -21.48%  
90% offered a hourly rate of more than £12.93 £12.50 £14.88
10% offered a hourly rate of more than £22.20 £65.00 £59.95
UK excluding London median hourly rate £25.00 £23.00 £18.88
% change year-on-year +8.69% +21.82%  

Credit Derivative
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Credit Derivative as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Credit Derivative in the City of London

Credit Derivative
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Credit Derivative in the City of London.

Contractor daily rate trend for Credit Derivative in the City of London

Credit Derivative
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Credit Derivative in the City of London.

Contractor hourly rate trend for Credit Derivative in the City of London

For the 6 months to 26 June 2017, IT contractor jobs citing Credit Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Credit Derivative.

1 8 (100.00%) Derivative
2 7 (87.50%) Foreign Exchange (FX)
3 5 (62.50%) Java
4 4 (50.00%) Migration
4 4 (50.00%) Fixed Income
4 4 (50.00%) Front Office
4 4 (50.00%) Oracle
4 4 (50.00%) Mainframe
4 4 (50.00%) Degree
4 4 (50.00%) Mathematics
4 4 (50.00%) Computer Science
4 4 (50.00%) Credit Risk
4 4 (50.00%) BDD
4 4 (50.00%) Data Analytics
4 4 (50.00%) AngularJS
4 4 (50.00%) Analytics
4 4 (50.00%) Elasticsearch
4 4 (50.00%) Agile Software Development
4 4 (50.00%) Data Management
4 4 (50.00%) Microservices
4 4 (50.00%) Computer Science Degree
5 3 (37.50%) Finance
5 3 (37.50%) BusinessObjects XI
5 3 (37.50%) Unix
5 3 (37.50%) BusinessObjects
5 3 (37.50%) SQL
5 3 (37.50%) Global One
6 1 (12.50%) Risk Management
6 1 (12.50%) Scala
6 1 (12.50%) Analytical Skills

Credit Derivative
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (50.00%) Elasticsearch
Business Applications
1 3 (37.50%) Global One
Database & Business Intelligence
1 3 (37.50%) BusinessObjects
1 3 (37.50%) BusinessObjects XI
General
1 4 (50.00%) Front Office
2 3 (37.50%) Finance
Job Titles
1 5 (62.50%) Developer
1 5 (62.50%) Java Developer
2 4 (50.00%) Oracle Developer
3 2 (25.00%) Analyst
3 2 (25.00%) Applications Support
3 2 (25.00%) Applications Support Analyst
3 2 (25.00%) Support Analyst
4 1 (12.50%) Front Office Developer
Libraries, Frameworks & Software Standards
1 4 (50.00%) AngularJS
Miscellaneous
1 8 (100.00%) Derivative
2 7 (87.50%) Foreign Exchange (FX)
3 4 (50.00%) Computer Science
3 4 (50.00%) Credit Risk
3 4 (50.00%) Fixed Income
3 4 (50.00%) Mainframe
4 1 (12.50%) Analytical Skills
Operating Systems
1 3 (37.50%) Unix
Processes & Methodologies
1 4 (50.00%) Agile Software Development
1 4 (50.00%) Analytics
1 4 (50.00%) BDD
1 4 (50.00%) Data Analytics
1 4 (50.00%) Data Management
1 4 (50.00%) Mathematics
1 4 (50.00%) Microservices
1 4 (50.00%) Migration
2 1 (12.50%) Risk Management
Programming Languages
1 5 (62.50%) Java
2 3 (37.50%) SQL
3 1 (12.50%) Scala
Qualifications
1 4 (50.00%) Computer Science Degree
1 4 (50.00%) Degree
Vendors
1 4 (50.00%) Oracle
City, London
Pioneer Search
Rate: £600 - £625 per day
Posted: 5 days ago
City, London
Haysfm
Rate: £500.00 - £600.00 per day
Posted: 5 days ago