The table below looks at the prevalence of the term Credit Derivative in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Derivative over the 3 months to 26 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Credit Derivatives
UK
Rank 591 579 574
Rank change year-on-year -12 -5  
Contract jobs citing Credit Derivative 18 62 49
As % of all contract IT jobs advertised in the UK 0.040% 0.12% 0.092%
As % of the Miscellaneous category 0.13% 0.37% 0.30%
Number of daily rates quoted 12 49 41
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 £520 £505
10% offered a daily rate of more than £700 £1,100 £675
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 with a requirement for generic IT skills.

Generic IT Skills
UK
Contract job vacancies with a requirement for generic IT skills 14315 16559 16101
As % of all contract IT job vacancies advertised in the UK 32.01% 31.12% 30.25%
Number of daily rates quoted 9233 10794 9724
Median daily rate £445 £425 £420
Median daily rate % change year-on-year +4.70% +1.19%  
90% offered a daily rate of more than £265 £260 £250
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 540 560 677
Median hourly rate £22.50 £22.84 £18.75
Median hourly rate % change year-on-year -1.46% +21.78%  
90% offered a hourly rate of more than £11.33 £12.50 £11.74
10% offered a hourly rate of more than £50.00 £51.00 £45.00
UK excluding London median hourly rate £19.25 £28.50 £18.75
% change year-on-year -32.45% +52.00%  

Credit Derivative
Job Vacancy Trend

The job posting trend of jobs advertised 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 UK

Credit Derivative
Contractor Daily Rate Trend

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

Contractor daily rate trend for Credit Derivative in the UK

Credit Derivative
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Credit Derivative over the 3 months to 26 March 2017.

Contractor daily rate histogram for Credit Derivative in the UK

Credit Derivative
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Credit Derivative in the UK

Credit Derivative
Top 4 Contract Locations

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 UK over the 3 months to 26 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
England -5 18 £613 +0.40% 4
London -14 18 £613 +0.40% 4
City of London -1 5 £613 +2.08% 1
Canary Wharf - 1 £600 -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 26 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 with a requirement for Credit Derivative.

1 49 (92.45%) Derivative
2 30 (56.60%) Fixed Income
3 26 (49.06%) Finance
4 21 (39.62%) Front Office
5 18 (33.96%) Foreign Exchange (FX)
6 17 (32.08%) C#
6 17 (32.08%) Java
6 17 (32.08%) SQL
7 14 (26.42%) Banking
8 13 (24.53%) Mathematics
8 13 (24.53%) Oracle
9 12 (22.64%) Computer Science
10 11 (20.75%) Risk Management
10 11 (20.75%) Monte Carlo Method
10 11 (20.75%) Analytics
11 9 (16.98%) Unix
11 9 (16.98%) OO
11 9 (16.98%) Algorithms
11 9 (16.98%) Market Risk
12 8 (15.09%) Agile Software Development
12 8 (15.09%) Migration
13 7 (13.21%) Equities
13 7 (13.21%) Statistics
13 7 (13.21%) Multithreading
13 7 (13.21%) Scala
13 7 (13.21%) Analytical Skills
14 6 (11.32%) LaTeX
14 6 (11.32%) Degree
14 6 (11.32%) PhD
15 5 (9.43%) Tomcat

Credit Derivative
Top Related IT Skills 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 (9.43%) Elasticsearch
1 5 (9.43%) Tomcat
2 1 (1.89%) Confluence
Applications
1 6 (11.32%) LaTeX
2 3 (5.66%) Doxygen
3 2 (3.77%) MS Excel
Business Applications
1 3 (5.66%) RMDS
2 2 (3.77%) Global One
2 2 (3.77%) Minerva
2 2 (3.77%) Sentinel
2 2 (3.77%) Summit
2 2 (3.77%) Tesseract
3 1 (1.89%) Bloomberg TOMS
3 1 (1.89%) ION MarketView
Cloud Services
1 1 (1.89%) Cloud Computing
Database & Business Intelligence
1 5 (9.43%) Relational Database
2 2 (3.77%) SQL Server
3 1 (1.89%) Big Data
3 1 (1.89%) Oracle Database
3 1 (1.89%) Sybase ASE
Development Applications
1 2 (3.77%) Git (software)
1 2 (3.77%) JUnit
2 1 (1.89%) Eclipse
2 1 (1.89%) IntelliJ
2 1 (1.89%) Jasmine
2 1 (1.89%) JIRA
2 1 (1.89%) Karma Test Runner
2 1 (1.89%) Maven
2 1 (1.89%) Mockito
2 1 (1.89%) NUnit
2 1 (1.89%) Subversion
General
1 26 (49.06%) Finance
2 21 (39.62%) Front Office
3 14 (26.42%) Banking
4 3 (5.66%) Financial Institution
4 3 (5.66%) Legal
5 2 (3.77%) Investment Banking
6 1 (1.89%) Back Office
6 1 (1.89%) Corporate Banking
6 1 (1.89%) Law
6 1 (1.89%) Prime Brokerage
6 1 (1.89%) Retail
6 1 (1.89%) Spanish Language
Job Titles
1 26 (49.06%) Developer
2 23 (43.40%) Analyst
3 12 (22.64%) Java Developer
4 10 (18.87%) Business Analyst
5 9 (16.98%) Qualitative Analyst
5 9 (16.98%) Quantitative Analyst
6 5 (9.43%) Perl Developer
7 4 (7.55%) C# Developer
7 4 (7.55%) Market Risk Analyst
7 4 (7.55%) Market Risk Business Analyst
7 4 (7.55%) Murex Analyst
7 4 (7.55%) Murex Business Analyst
7 4 (7.55%) Oracle Developer
7 4 (7.55%) Risk Analyst
7 4 (7.55%) Risk Business Analyst
8 3 (5.66%) Market Analyst
8 3 (5.66%) Quantitative Developer
8 3 (5.66%) Support Analyst
9 2 (3.77%) Applications Support Analyst
9 2 (3.77%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 5 (9.43%) AngularJS
2 4 (7.55%) .NET
2 4 (7.55%) FIX Protocol
2 4 (7.55%) Rendezvous
3 3 (5.66%) HTML
3 3 (5.66%) HTML5
3 3 (5.66%) XML
4 2 (3.77%) Akka
5 1 (1.89%) Apache Camel
5 1 (1.89%) ASP.NET
5 1 (1.89%) ASP.NET MVC
5 1 (1.89%) ASP.NET Web API
5 1 (1.89%) COM
5 1 (1.89%) CSS
5 1 (1.89%) JMS
5 1 (1.89%) RESTful
5 1 (1.89%) STL
5 1 (1.89%) TIBCO EMS
5 1 (1.89%) WPF
5 1 (1.89%) XSLT
Miscellaneous
1 49 (92.45%) Derivative
2 30 (56.60%) Fixed Income
3 18 (33.96%) Foreign Exchange (FX)
4 12 (22.64%) Computer Science
5 9 (16.98%) Algorithms
5 9 (16.98%) Market Risk
6 7 (13.21%) Analytical Skills
6 7 (13.21%) Equities
7 5 (9.43%) Credit Risk
8 4 (7.55%) Mainframe
9 3 (5.66%) Fintech
9 3 (5.66%) Interest Rate Derivative
9 3 (5.66%) OTC Derivatives
10 2 (3.77%) Data Structures
10 2 (3.77%) Management Information System
10 2 (3.77%) Wiki
11 1 (1.89%) Equity Derivative
Operating Systems
1 9 (16.98%) Unix
2 5 (9.43%) Linux
3 2 (3.77%) Windows
4 1 (1.89%) Windows Server
Processes & Methodologies
1 13 (24.53%) Mathematics
2 11 (20.75%) Analytics
2 11 (20.75%) Monte Carlo Method
2 11 (20.75%) Risk Management
3 9 (16.98%) OO
4 8 (15.09%) Agile Software Development
4 8 (15.09%) Migration
5 7 (13.21%) Multithreading
5 7 (13.21%) Statistics
6 5 (9.43%) BDD
6 5 (9.43%) Data Analytics
6 5 (9.43%) Electronic Trading
6 5 (9.43%) Financial Modelling
6 5 (9.43%) Quantitative Finance
7 4 (7.55%) Change Management
7 4 (7.55%) Data Management
7 4 (7.55%) Microservices
8 3 (5.66%) Project Management
8 3 (5.66%) Test Scripting
9 2 (3.77%) User Acceptance Testing
Programming Languages
1 17 (32.08%) C#
1 17 (32.08%) Java
1 17 (32.08%) SQL
2 7 (13.21%) Scala
3 5 (9.43%) C++
3 5 (9.43%) Perl
3 5 (9.43%) R
4 4 (7.55%) Python
5 3 (5.66%) JavaScript
6 2 (3.77%) VBA
7 1 (1.89%) VBScript
7 1 (1.89%) VC++
Qualifications
1 6 (11.32%) Degree
1 6 (11.32%) PhD
Quality Assurance & Compliance
1 4 (7.55%) QA
2 1 (1.89%) MiFID
Systems Management
1 2 (3.77%) HP Quality Center
Vendors
1 13 (24.53%) Oracle
2 5 (9.43%) ION Trading
3 4 (7.55%) Murex
3 4 (7.55%) TIBCO
4 3 (5.66%) Fidessa
4 3 (5.66%) Microsoft
4 3 (5.66%) Reuters
5 2 (3.77%) Bloomberg
6 1 (1.89%) Calypso
6 1 (1.89%) HP
6 1 (1.89%) Perforce
6 1 (1.89%) Sybase
London
Eames Consulting
Rate: £550 - £650 per day
Posted: 5 days ago