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 3 months to 28 March 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
England / London
3 months to
28 Mar 2017
Same period 2016 Same period 2015
Rank 384 363 366
Rank change year-on-year -21 +3  
Contract jobs citing Credit Derivative 18 63 46
As % of all contract IT jobs advertised in London 0.092% 0.28% 0.21%
As % of the Miscellaneous category 0.26% 0.81% 0.60%
Number of daily rates quoted 12 51 38
Median daily rate £613 £610 £550
Median daily rate % change year-on-year +0.40% +10.90%  
90% offered a daily rate of more than £553 £525 £525
10% offered a daily rate of more than £700 £1,100 £690
UK excluding London median daily rate - - £505
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 London with a requirement for generic IT skills.

Generic IT Skills
London
Contract job vacancies with a requirement for generic IT skills 6839 7737 7624
As % of all contract IT job vacancies advertised in London 35.08% 34.69% 35.43%
Number of daily rates quoted 4768 5512 5179
Median daily rate £500 £475 £463
Median daily rate % change year-on-year +5.26% +2.70%  
90% offered a daily rate of more than £313 £290 £290
10% offered a daily rate of more than £650 £650 £640
UK excluding London median daily rate £400 £375 £375
% change year-on-year +6.66% -  
Number of hourly rates quoted 123 121 143
Median hourly rate £27.92 £19.50 £18.85
Median hourly rate % change year-on-year +43.21% +3.43%  
90% offered a hourly rate of more than £13.85 £12.50 £13.25
10% offered a hourly rate of more than £55.00 £42.20 £40.00
UK excluding London median hourly rate £18.68 £27.22 £18.83
% change year-on-year -31.36% +44.56%  

Credit Derivative
Job Vacancy Trend in London

The job posting trend of jobs advertised in 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 London

Credit Derivative
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Credit Derivative in London

Credit Derivative
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Credit Derivative in London over the 3 months to 28 March 2017.

Contractor daily rate histogram for Credit Derivative in London

Credit Derivative
Contractor Hourly Rate Trend in London

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

Contractor 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 3 months to 28 March 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -13 5 £613 +2.08% 1
Canary Wharf - 1 £600 -
Credit Derivative
England

Credit Derivative
Top 30 Co-occurring IT Skills in London

For the 6 months to 28 March 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 London region with a requirement for Credit Derivative.

1 47 (92.16%) Derivative
2 29 (56.86%) Fixed Income
3 25 (49.02%) Finance
4 20 (39.22%) Front Office
5 17 (33.33%) Foreign Exchange (FX)
5 17 (33.33%) Java
6 16 (31.37%) C#
7 15 (29.41%) SQL
8 13 (25.49%) Oracle
8 13 (25.49%) Banking
8 13 (25.49%) Mathematics
9 11 (21.57%) Risk Management
9 11 (21.57%) Computer Science
9 11 (21.57%) Analytics
10 10 (19.61%) Monte Carlo Method
11 9 (17.65%) Algorithms
11 9 (17.65%) Unix
11 9 (17.65%) OO
12 8 (15.69%) Migration
12 8 (15.69%) Agile Software Development
12 8 (15.69%) Market Risk
13 7 (13.73%) Multithreading
13 7 (13.73%) Scala
13 7 (13.73%) Analytical Skills
13 7 (13.73%) Statistics
14 6 (11.76%) Degree
14 6 (11.76%) Equities
14 6 (11.76%) LaTeX
15 5 (9.80%) Relational Database
15 5 (9.80%) Elasticsearch

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 5 (9.80%) Elasticsearch
1 5 (9.80%) Tomcat
2 1 (1.96%) Confluence
Applications
1 6 (11.76%) LaTeX
2 3 (5.88%) Doxygen
3 2 (3.92%) MS Excel
Business Applications
1 3 (5.88%) RMDS
2 2 (3.92%) Global One
2 2 (3.92%) Minerva
2 2 (3.92%) Sentinel
2 2 (3.92%) Summit
2 2 (3.92%) Tesseract
3 1 (1.96%) Bloomberg TOMS
3 1 (1.96%) ION MarketView
Cloud Services
1 1 (1.96%) Cloud Computing
Database & Business Intelligence
1 5 (9.80%) Relational Database
2 2 (3.92%) SQL Server
3 1 (1.96%) Big Data
3 1 (1.96%) Oracle Database
3 1 (1.96%) Sybase ASE
Development Applications
1 2 (3.92%) Git (software)
1 2 (3.92%) JUnit
2 1 (1.96%) Eclipse
2 1 (1.96%) IntelliJ
2 1 (1.96%) Jasmine
2 1 (1.96%) JIRA
2 1 (1.96%) Karma Test Runner
2 1 (1.96%) Maven
2 1 (1.96%) Mockito
2 1 (1.96%) NUnit
2 1 (1.96%) Subversion
General
1 25 (49.02%) Finance
2 20 (39.22%) Front Office
3 13 (25.49%) Banking
4 3 (5.88%) Financial Institution
4 3 (5.88%) Legal
5 2 (3.92%) Investment Banking
6 1 (1.96%) Back Office
6 1 (1.96%) Corporate Banking
6 1 (1.96%) Law
6 1 (1.96%) Prime Brokerage
6 1 (1.96%) Retail
6 1 (1.96%) Spanish Language
Job Titles
1 25 (49.02%) Developer
2 22 (43.14%) Analyst
3 12 (23.53%) Java Developer
4 9 (17.65%) Business Analyst
4 9 (17.65%) Qualitative Analyst
4 9 (17.65%) Quantitative Analyst
5 5 (9.80%) Perl Developer
6 4 (7.84%) Murex Analyst
6 4 (7.84%) Murex Business Analyst
6 4 (7.84%) Oracle Developer
7 3 (5.88%) C# Developer
7 3 (5.88%) Market Risk Analyst
7 3 (5.88%) Market Risk Business Analyst
7 3 (5.88%) Risk Analyst
7 3 (5.88%) Risk Business Analyst
7 3 (5.88%) Support Analyst
8 2 (3.92%) Electronic Trading Developer
8 2 (3.92%) Electronic Trading Java Developer
8 2 (3.92%) IT Analyst
8 2 (3.92%) Java Scala Developer
Libraries, Frameworks & Software Standards
1 5 (9.80%) AngularJS
2 4 (7.84%) .NET
2 4 (7.84%) FIX Protocol
2 4 (7.84%) Rendezvous
3 3 (5.88%) HTML
3 3 (5.88%) HTML5
3 3 (5.88%) XML
4 2 (3.92%) Akka
5 1 (1.96%) Apache Camel
5 1 (1.96%) ASP.NET
5 1 (1.96%) ASP.NET MVC
5 1 (1.96%) ASP.NET Web API
5 1 (1.96%) COM
5 1 (1.96%) CSS
5 1 (1.96%) JMS
5 1 (1.96%) RESTful
5 1 (1.96%) STL
5 1 (1.96%) TIBCO EMS
5 1 (1.96%) WPF
5 1 (1.96%) XSLT
Miscellaneous
1 47 (92.16%) Derivative
2 29 (56.86%) Fixed Income
3 17 (33.33%) Foreign Exchange (FX)
4 11 (21.57%) Computer Science
5 9 (17.65%) Algorithms
6 8 (15.69%) Market Risk
7 7 (13.73%) Analytical Skills
8 6 (11.76%) Equities
9 5 (9.80%) Credit Risk
10 4 (7.84%) Mainframe
11 3 (5.88%) Fintech
11 3 (5.88%) Interest Rate Derivative
11 3 (5.88%) OTC Derivatives
12 2 (3.92%) Data Structures
12 2 (3.92%) Management Information System
12 2 (3.92%) Wiki
13 1 (1.96%) Equity Derivative
Operating Systems
1 9 (17.65%) Unix
2 5 (9.80%) Linux
3 2 (3.92%) Windows
4 1 (1.96%) Windows Server
Processes & Methodologies
1 13 (25.49%) Mathematics
2 11 (21.57%) Analytics
2 11 (21.57%) Risk Management
3 10 (19.61%) Monte Carlo Method
4 9 (17.65%) OO
5 8 (15.69%) Agile Software Development
5 8 (15.69%) Migration
6 7 (13.73%) Multithreading
6 7 (13.73%) Statistics
7 5 (9.80%) BDD
7 5 (9.80%) Data Analytics
7 5 (9.80%) Electronic Trading
7 5 (9.80%) Financial Modelling
8 4 (7.84%) Change Management
8 4 (7.84%) Data Management
8 4 (7.84%) Microservices
8 4 (7.84%) Quantitative Finance
9 3 (5.88%) Project Management
9 3 (5.88%) Test Scripting
10 2 (3.92%) User Acceptance Testing
Programming Languages
1 17 (33.33%) Java
2 16 (31.37%) C#
3 15 (29.41%) SQL
4 7 (13.73%) Scala
5 5 (9.80%) C++
5 5 (9.80%) Perl
5 5 (9.80%) R
6 3 (5.88%) JavaScript
6 3 (5.88%) Python
7 2 (3.92%) VBA
8 1 (1.96%) VBScript
8 1 (1.96%) VC++
Qualifications
1 6 (11.76%) Degree
2 5 (9.80%) PhD
Quality Assurance & Compliance
1 4 (7.84%) QA
2 1 (1.96%) MiFID
Systems Management
1 2 (3.92%) HP Quality Center
Vendors
1 13 (25.49%) Oracle
2 5 (9.80%) ION Trading
3 4 (7.84%) Murex
3 4 (7.84%) TIBCO
4 3 (5.88%) Fidessa
4 3 (5.88%) Microsoft
4 3 (5.88%) Reuters
5 2 (3.92%) Bloomberg
6 1 (1.96%) Calypso
6 1 (1.96%) HP
6 1 (1.96%) Perforce
6 1 (1.96%) Sybase
London
McGregor Boyall
Rate: £650 - £750 per day
Posted: 19 hours ago