Period
to 18 November 2017

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 6 months to 18 November 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
Central London > City of London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 239 229 246
Rank change year-on-year -10 +17 +15
Contract jobs citing Credit Derivative 10 18 27
As % of all contract IT jobs advertised in the City of London 0.14% 0.27% 0.29%
As % of the Miscellaneous category 0.32% 0.65% 0.74%
Number of daily rates quoted 8 15 23
City of London median daily rate £618 £650 £575
Median daily rate % change year-on-year -5.00% +13.04% -4.17%
10th Percentile £507 £525 £433
90th Percentile £748 £663 £725
Central London median daily rate £618 £650 £575
% change year-on-year -5.00% +13.04% -4.17%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Credit Derivative is in the Generic IT Skills category. The following 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.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 3088 2778 3630
As % of all contract IT jobs advertised in the City of London 43.62% 41.40% 39.26%
Number of daily rates quoted 2405 2173 2888
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £713 £675 £663
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 36 32 55
City of London median hourly rate £22.26 £19.00 £20.00
Median hourly rate % change year-on-year +17.14% -5.00% +14.29%
10th Percentile £12.88 £11.25 £12.00
90th Percentile £33.25 £54.51 £36.40
Central London median hourly rate £21.23 £17.50 £20.00
% change year-on-year +21.29% -12.50% +14.29%

Credit Derivative
Job Vacancy Trend in the City of London

Job postings citing Credit Derivative as a percentage of all IT jobs advertised in the City of London.

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 Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Credit Derivative in the City of London over the 6 months to 18 November 2017.

Contractor daily rate histogram 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 18 November 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 9 (90.00%) Derivative
2 7 (70.00%) Finance
3 6 (60.00%) Foreign Exchange (FX)
4 5 (50.00%) Fixed Income
5 4 (40.00%) Agile Software Development
5 4 (40.00%) Front Office
5 4 (40.00%) SQL
6 3 (30.00%) Unix
6 3 (30.00%) Java
6 3 (30.00%) Linux
6 3 (30.00%) Equities
6 3 (30.00%) Scala
7 2 (20.00%) Credit Risk
7 2 (20.00%) OO
7 2 (20.00%) Python
7 2 (20.00%) Oracle
7 2 (20.00%) Murex
7 2 (20.00%) Stakeholder Management
8 1 (10.00%) GAP Analysis
8 1 (10.00%) TIBCO
8 1 (10.00%) Rendezvous
8 1 (10.00%) Middleware
8 1 (10.00%) Bloomberg
8 1 (10.00%) Scrum
8 1 (10.00%) Migration
8 1 (10.00%) BusinessObjects
8 1 (10.00%) Back Office
8 1 (10.00%) Risk Management
8 1 (10.00%) Sybase
8 1 (10.00%) Windows

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 1 (10.00%) Apache Spark
1 1 (10.00%) Elasticsearch
Applications
1 1 (10.00%) Spreadsheet
Business Applications
1 1 (10.00%) Global One
1 1 (10.00%) Oracle General Ledger
Cloud Services
1 1 (10.00%) Amazon AWS
1 1 (10.00%) Cloud Computing
Communications & Networking
1 1 (10.00%) TCP/IP
Database & Business Intelligence
1 1 (10.00%) Apache Hive
1 1 (10.00%) Big Data
1 1 (10.00%) BusinessObjects
1 1 (10.00%) BusinessObjects XI
1 1 (10.00%) Hadoop
1 1 (10.00%) Impala
1 1 (10.00%) Oracle Database
1 1 (10.00%) Oracle Database 10g
1 1 (10.00%) Oracle Database 11g
1 1 (10.00%) Oracle Database 12c
1 1 (10.00%) Oracle9i Database
1 1 (10.00%) Sybase ASE
Development Applications
1 1 (10.00%) Git (software)
1 1 (10.00%) Maven
1 1 (10.00%) Mockito
1 1 (10.00%) Subversion
General
1 7 (70.00%) Finance
2 4 (40.00%) Front Office
3 1 (10.00%) Back Office
3 1 (10.00%) General Ledger
3 1 (10.00%) Marketing
Job Titles
1 5 (50.00%) Developer
2 2 (20.00%) Analyst
2 2 (20.00%) Business Analyst
2 2 (20.00%) Java Developer
2 2 (20.00%) Senior Developer
2 2 (20.00%) Senior Java Developer
3 1 (10.00%) Big Data Developer
3 1 (10.00%) C# Developer
3 1 (10.00%) C++ Developer
3 1 (10.00%) C++/C# Developer
3 1 (10.00%) Credit Risk Java Developer
3 1 (10.00%) FX Business Analyst
3 1 (10.00%) Market Risk Analyst
3 1 (10.00%) Murex Support
3 1 (10.00%) Oracle Developer
3 1 (10.00%) Product Manager
3 1 (10.00%) Python Developer
3 1 (10.00%) Quantitative Developer
3 1 (10.00%) Risk Analyst
3 1 (10.00%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 1 (10.00%) Apache Camel
1 1 (10.00%) FIX Protocol
1 1 (10.00%) JMS
1 1 (10.00%) Kafka
1 1 (10.00%) Middleware
1 1 (10.00%) Rendezvous
1 1 (10.00%) REST
1 1 (10.00%) Spring
1 1 (10.00%) TIBCO EMS
Miscellaneous
1 9 (90.00%) Derivative
2 6 (60.00%) Foreign Exchange (FX)
3 5 (50.00%) Fixed Income
4 3 (30.00%) Equities
5 2 (20.00%) Credit Risk
6 1 (10.00%) Analytical Skills
6 1 (10.00%) Greenfield Project
6 1 (10.00%) Grid Computing
6 1 (10.00%) Interest Rate Derivative
6 1 (10.00%) Market Risk
Operating Systems
1 3 (30.00%) Linux
1 3 (30.00%) Unix
2 1 (10.00%) Windows
Processes & Methodologies
1 4 (40.00%) Agile Software Development
2 2 (20.00%) OO
2 2 (20.00%) Stakeholder Management
3 1 (10.00%) Business Analysis
3 1 (10.00%) E-Commerce
3 1 (10.00%) GAP Analysis
3 1 (10.00%) Issue Tracking
3 1 (10.00%) Logistics
3 1 (10.00%) Mentoring
3 1 (10.00%) Microservices
3 1 (10.00%) Migration
3 1 (10.00%) OOP
3 1 (10.00%) Performance Tuning
3 1 (10.00%) PnL Attribution
3 1 (10.00%) Quantitative Analysis
3 1 (10.00%) Risk Management
3 1 (10.00%) Scrum
3 1 (10.00%) SDLC
3 1 (10.00%) Systems Analysis
3 1 (10.00%) TDD
Programming Languages
1 4 (40.00%) SQL
2 3 (30.00%) Java
2 3 (30.00%) Scala
3 2 (20.00%) Python
4 1 (10.00%) Ada
4 1 (10.00%) C#
4 1 (10.00%) C++
4 1 (10.00%) Clojure
4 1 (10.00%) PL/SQL
Quality Assurance & Compliance
1 1 (10.00%) QA
System Software
1 1 (10.00%) Apache Flume
1 1 (10.00%) HDFS
Systems Management
1 1 (10.00%) Oozie
1 1 (10.00%) Opscode Chef
Vendors
1 2 (20.00%) Murex
1 2 (20.00%) Oracle
2 1 (10.00%) Barracuda Networks
2 1 (10.00%) Bloomberg
2 1 (10.00%) Cloudera
2 1 (10.00%) ION Trading
2 1 (10.00%) Sybase
2 1 (10.00%) TIBCO