Period
to 21 January 2022

The table below looks at the prevalence of the term Credit Derivative in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Derivative over the 6 months to 21 January 2022 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
England > London
6 months to
21 Jan 2022
Same period 2021 Same period 2020
Rank 515 359 495
Rank change year-on-year -156 +136 +77
Contract jobs citing Credit Derivative 66 51 26
As % of all contract jobs advertised in London 0.18% 0.29% 0.086%
As % of the Miscellaneous category 0.52% 0.81% 0.27%
Number of daily rates quoted 63 49 25
10th Percentile £555 £613 £470
25th Percentile £600 £700 £500
Median daily rate (50th Percentile) £650 £750 £625
Median % change year-on-year -13.33% +20.00% -19.35%
75th Percentile £700 £800 £688
90th Percentile £748 £803 £781
England median daily rate £650 £750 £625
% change year-on-year -13.33% +20.00% -19.35%

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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 12,599 6,263 9,466
As % of all contract IT jobs advertised in London 33.67% 35.53% 31.19%
Number of daily rates quoted 9,360 4,500 6,774
10th Percentile £369 £315 £300
25th Percentile £475 £413 £413
Median daily rate (50th Percentile) £575 £525 £525
Median % change year-on-year +9.52% - -
75th Percentile £699 £638 £625
90th Percentile £788 £729 £713
England median daily rate £538 £475 £475
% change year-on-year +13.16% - -
Number of hourly rates quoted 159 87 127
10th Percentile £17.92 £15.65 £12.44
25th Percentile £24.50 £22.50 £16.69
Median hourly rate £43.74 £28.02 £22.93
Median % change year-on-year +56.10% +22.20% -0.30%
75th Percentile £54.06 £46.00 £39.38
90th Percentile £65.15 £59.25 £52.35
England median hourly rate £25.25 £26.27 £20.63
% change year-on-year -3.88% +27.37% +1.93%

Credit Derivative
Job Vacancy Trend in London

Job postings citing Credit Derivative as a proportion of all IT jobs advertised in London.

Job vacancy trend for Credit Derivative in London

Credit Derivative
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Credit Derivative in London.

Daily rate trend for Credit Derivative in London

Credit Derivative
Daily Rate Histogram in London

Daily rate distribution for jobs citing Credit Derivative in London over the 6 months to 21 January 2022.

Daily rate histogram for Credit Derivative in London

Credit Derivative
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Credit Derivative in London.

Hourly rate trend for Credit Derivative in London

Credit Derivative
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Derivative within the London region over the 6 months to 21 January 2022. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Central London -47 4 £750 +4.90% 4
Credit Derivative
England

For the 6 months to 21 January 2022, IT contractor jobs citing Credit Derivative also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region with a requirement for Credit Derivative.

1 64 (96.97%) Derivative
2 43 (65.15%) Fixed Income
3 42 (63.64%) Finance
3 42 (63.64%) Front Office
4 41 (62.12%) Foreign Exchange (FX)
5 38 (57.58%) Python
5 38 (57.58%) Software Engineering
6 30 (45.45%) Agile Software Development
6 30 (45.45%) Banking
7 27 (40.91%) Equities
7 27 (40.91%) SQL
7 27 (40.91%) Investment Banking
8 24 (36.36%) Investment Management
8 24 (36.36%) UX Design
8 24 (36.36%) Azure
8 24 (36.36%) AWS
8 24 (36.36%) Hedge funds
8 24 (36.36%) Node.js
8 24 (36.36%) Portfolio Management
8 24 (36.36%) TypeScript
8 24 (36.36%) Docker
8 24 (36.36%) User Experience
8 24 (36.36%) JavaScript
8 24 (36.36%) Asset Management
8 24 (36.36%) GCP
8 24 (36.36%) Kubernetes
8 24 (36.36%) React
8 24 (36.36%) Front End Development
8 24 (36.36%) Terraform
8 24 (36.36%) Cryptocurrency

Credit Derivative
Co-occurring IT Skills in 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 7 (10.61%) Apache
1 7 (10.61%) WebSphere
2 6 (9.09%) Elasticsearch
3 3 (4.55%) Confluence
3 3 (4.55%) DataSynapse
Applications
1 3 (4.55%) Microsoft Excel
1 3 (4.55%) Microsoft Office
1 3 (4.55%) MS Visio
2 1 (1.52%) Microsoft PowerPoint
Cloud Services
1 24 (36.36%) AWS
1 24 (36.36%) Azure
1 24 (36.36%) GCP
Communications & Networking
1 6 (9.09%) Multicast
Database & Business Intelligence
1 18 (27.27%) Relational Database
2 12 (18.18%) Oracle Database
2 12 (18.18%) RDBMS
3 7 (10.61%) Apache Ignite
4 5 (7.58%) SQL Server
5 1 (1.52%) DataStage
Development Applications
1 18 (27.27%) JIRA
2 10 (15.15%) Visual Studio
3 7 (10.61%) Git (software)
4 6 (9.09%) Jenkins
4 6 (9.09%) TeamCity
5 3 (4.55%) Subversion
6 1 (1.52%) Sonatype Nexus
General
1 42 (63.64%) Finance
1 42 (63.64%) Front Office
2 30 (45.45%) Banking
3 27 (40.91%) Investment Banking
4 13 (19.70%) Legal
5 12 (18.18%) Presentation Skills
5 12 (18.18%) Public Speaking
6 8 (12.12%) Social Skills
7 5 (7.58%) Analytical Skills
Job Titles
1 46 (69.70%) Developer
2 24 (36.36%) Developer/Software Engineer
2 24 (36.36%) Lead Developer
2 24 (36.36%) Lead Software Developer
2 24 (36.36%) Lead Software Engineer
2 24 (36.36%) React Developer
2 24 (36.36%) Software Asset Manager
2 24 (36.36%) Software Engineer
2 24 (36.36%) Software Manager
2 24 (36.36%) UI Developer
2 24 (36.36%) UI Engineer
3 18 (27.27%) Analyst
4 17 (25.76%) Business Analyst
4 17 (25.76%) C++ Developer
5 15 (22.73%) Banking Analyst
6 13 (19.70%) Python Developer
7 12 (18.18%) Business Manager
7 12 (18.18%) Business Project Manager
7 12 (18.18%) Investment Banking Business Analyst
7 12 (18.18%) Project Analyst
Libraries, Frameworks & Software Standards
1 24 (36.36%) Node.js
1 24 (36.36%) React
2 18 (27.27%) XML
3 15 (22.73%) FpML
4 7 (10.61%) Boost C++ Libraries
4 7 (10.61%) Django
4 7 (10.61%) Rendezvous
4 7 (10.61%) STL
4 7 (10.61%) Twisted
4 7 (10.61%) WebSphere MQ
4 7 (10.61%) ZeroMQ
5 3 (4.55%) XSLT
6 1 (1.52%) Middleware
Miscellaneous
1 64 (96.97%) Derivative
2 43 (65.15%) Fixed Income
3 41 (62.12%) Foreign Exchange (FX)
4 27 (40.91%) Equities
5 24 (36.36%) Hedge funds
5 24 (36.36%) User Experience
6 15 (22.73%) OTC Derivatives
7 12 (18.18%) Equity Derivative
8 6 (9.09%) Client/Server
8 6 (9.09%) Legacy Code
9 4 (6.06%) Market Risk
10 3 (4.55%) Credit Risk
10 3 (4.55%) Wiki
11 1 (1.52%) ASIC
11 1 (1.52%) DTCC
11 1 (1.52%) N-Tier
Operating Systems
1 8 (12.12%) Linux
2 4 (6.06%) Windows
3 1 (1.52%) Unix
Processes & Methodologies
1 38 (57.58%) Software Engineering
2 30 (45.45%) Agile Software Development
3 24 (36.36%) Asset Management
3 24 (36.36%) Cryptocurrency
3 24 (36.36%) Front End Development
3 24 (36.36%) Full Stack Development
3 24 (36.36%) Investment Management
3 24 (36.36%) Portfolio Management
3 24 (36.36%) UX Design
4 16 (24.24%) OO
5 14 (21.21%) Scrum
5 14 (21.21%) Workflow
6 13 (19.70%) Multithreading
7 12 (18.18%) PRINCE2
7 12 (18.18%) RUP
8 10 (15.15%) OOD
9 9 (13.64%) Problem-Solving
10 8 (12.12%) Multithreaded Programming
11 6 (9.09%) Continuous Improvement
11 6 (9.09%) Data Analysis
Programming Languages
1 38 (57.58%) Python
2 27 (40.91%) SQL
3 24 (36.36%) JavaScript
3 24 (36.36%) TypeScript
4 19 (28.79%) C++
5 9 (13.64%) Java
6 6 (9.09%) C#
7 2 (3.03%) Kotlin
Quality Assurance & Compliance
1 15 (22.73%) Dodd-Frank
2 3 (4.55%) EMIR
2 3 (4.55%) MiFID
3 2 (3.03%) Basel III
3 2 (3.03%) CRD IV
4 1 (1.52%) COREP
System Software
1 24 (36.36%) Docker
Systems Management
1 24 (36.36%) Kubernetes
1 24 (36.36%) Terraform
2 6 (9.09%) Ansible
2 6 (9.09%) ITRS Geneos
3 1 (1.52%) Control-M
Vendors
1 13 (19.70%) Oracle
2 9 (13.64%) Microsoft
3 7 (10.61%) TIBCO
4 3 (4.55%) Atlassian
5 1 (1.52%) IBM