Period
to 18 November 2017

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 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
UK
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 830 827 819
Rank change year-on-year -3 -8 -118
Contract jobs citing Credit Derivative 59 59 85
As % of all contract IT jobs advertised in the UK 0.058% 0.056% 0.074%
As % of the Miscellaneous category 0.17% 0.17% 0.23%
Number of daily rates quoted 38 47 69
UK median daily rate £618 £625 £575
Median daily rate % change year-on-year -1.20% +8.70% +4.55%
10th Percentile £512 £520 £460
90th Percentile £729 £680 £705
UK excluding London median daily rate £530 - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding 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 with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 34307 34966 37326
As % of all contract IT jobs advertised in the UK 33.60% 33.09% 32.49%
Number of daily rates quoted 22763 22959 23716
UK median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.19% +5.00%
10th Percentile £263 £250 £240
90th Percentile £650 £625 £618
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 1004 1201 1466
UK median hourly rate £20.92 £21.00 £19.46
Median hourly rate % change year-on-year -0.37% +7.91% +8.11%
10th Percentile £11.25 £11.72 £11.25
90th Percentile £48.75 £47.50 £47.25
UK excluding London median hourly rate £20.06 £21.00 £19.00
% change year-on-year -4.48% +10.53% +8.57%

Credit Derivative
Job Vacancy Trend

Job postings citing Credit Derivative as a percentage of all IT jobs advertised.

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 6 months to 18 November 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 contractor hourly rates quoted in IT 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 6 months to 18 November 2017. 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
Job
Vacancies
England +45 59 £618 -1.20%
London -9 54 £625 -
South East - 5 £530 -
UK excluding London - 5 £530 -

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 with a requirement for Credit Derivative.

1 47 (79.66%) Derivative
2 27 (45.76%) SQL
3 25 (42.37%) Fixed Income
4 23 (38.98%) Foreign Exchange (FX)
5 22 (37.29%) Front Office
6 21 (35.59%) Agile Software Development
7 18 (30.51%) Java
7 18 (30.51%) Oracle
8 16 (27.12%) C#
8 16 (27.12%) C++
8 16 (27.12%) OO
9 15 (25.42%) Banking
10 14 (23.73%) Interest Rate Derivative
10 14 (23.73%) Linux
10 14 (23.73%) Python
11 13 (22.03%) Finance
11 13 (22.03%) Windows
12 12 (20.34%) Unix
13 11 (18.64%) Scrum
14 10 (16.95%) Equities
14 10 (16.95%) Middleware
14 10 (16.95%) Scala
14 10 (16.95%) Oracle Database
14 10 (16.95%) Analytical Skills
15 9 (15.25%) Multithreading
15 9 (15.25%) Analytics
15 9 (15.25%) Investment Banking
15 9 (15.25%) Software Engineering
16 8 (13.56%) TDD
16 8 (13.56%) Risk Management

Credit Derivative
Co-occurring 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 3 (5.08%) Apache Spark
2 2 (3.39%) Oracle Coherence
3 1 (1.69%) Elasticsearch
3 1 (1.69%) JBoss
Applications
1 4 (6.78%) Microsoft Excel
2 1 (1.69%) Spreadsheet
Business Applications
1 3 (5.08%) Oracle Subledger Accounting
2 2 (3.39%) RMDS
3 1 (1.69%) Global One
3 1 (1.69%) Oracle General Ledger
Cloud Services
1 3 (5.08%) Amazon AWS
2 1 (1.69%) Cloud Computing
Communications & Networking
1 1 (1.69%) HTTP
1 1 (1.69%) TCP/IP
Database & Business Intelligence
1 10 (16.95%) Oracle Database
2 7 (11.86%) SQL Server
3 6 (10.17%) ObjectStore
3 6 (10.17%) Oracle Database 10g
3 6 (10.17%) Oracle Database 11g
3 6 (10.17%) Oracle Database 12c
3 6 (10.17%) Oracle9i Database
3 6 (10.17%) PostgreSQL
4 5 (8.47%) Hadoop
5 4 (6.78%) Oracle Reports
6 3 (5.08%) Apache Hive
6 3 (5.08%) Big Data
6 3 (5.08%) Impala
7 1 (1.69%) Blockchain
7 1 (1.69%) BusinessObjects
7 1 (1.69%) BusinessObjects XI
7 1 (1.69%) SQL Server 2012
7 1 (1.69%) SQL Server Analysis Services
7 1 (1.69%) Sybase ASE
Development Applications
1 6 (10.17%) Subversion
2 5 (8.47%) Maven
3 4 (6.78%) Eclipse
3 4 (6.78%) IntelliJ
4 3 (5.08%) Visual Studio
5 2 (3.39%) Cucumber
5 2 (3.39%) Git (software)
5 2 (3.39%) JUnit
6 1 (1.69%) Mockito
6 1 (1.69%) NUnit
6 1 (1.69%) Rhino Mocks
6 1 (1.69%) TeamCity
General
1 22 (37.29%) Front Office
2 15 (25.42%) Banking
3 13 (22.03%) Finance
4 9 (15.25%) Investment Banking
5 4 (6.78%) General Ledger
6 1 (1.69%) Back Office
6 1 (1.69%) French Language
6 1 (1.69%) Marketing
Job Titles
1 41 (69.49%) Developer
2 14 (23.73%) Analyst
2 14 (23.73%) Java Developer
3 11 (18.64%) Business Analyst
3 11 (18.64%) C++ Developer
4 10 (16.95%) C# Developer
4 10 (16.95%) Python Developer
5 9 (15.25%) Oracle Developer
6 7 (11.86%) Credit Analyst
7 6 (10.17%) Credit Derivatives Business Analyst
7 6 (10.17%) FX Business Analyst
7 6 (10.17%) Senior Developer
7 6 (10.17%) Senior Java Developer
8 5 (8.47%) Derivatives Business Analyst
8 5 (8.47%) Murex Analyst
8 5 (8.47%) Murex Business Analyst
8 5 (8.47%) Scala Developer
9 4 (6.78%) Front Office Developer
9 4 (6.78%) Java Scala Developer
9 4 (6.78%) VBA Developer
Libraries, Frameworks & Software Standards
1 10 (16.95%) Middleware
2 6 (10.17%) STL
3 5 (8.47%) .NET
3 5 (8.47%) FIX Protocol
3 5 (8.47%) WPF
4 3 (5.08%) Kafka
4 3 (5.08%) REST
4 3 (5.08%) Spring
4 3 (5.08%) TIBCO EMS
4 3 (5.08%) WCF
4 3 (5.08%) WinForms
5 2 (3.39%) JNI
5 2 (3.39%) JSF
6 1 (1.69%) .NET Framework
6 1 (1.69%) Apache Camel
6 1 (1.69%) JMS
6 1 (1.69%) Rendezvous
Miscellaneous
1 47 (79.66%) Derivative
2 25 (42.37%) Fixed Income
3 23 (38.98%) Foreign Exchange (FX)
4 14 (23.73%) Interest Rate Derivative
5 10 (16.95%) Analytical Skills
5 10 (16.95%) Equities
6 6 (10.17%) Market Risk
7 5 (8.47%) Grid Computing
8 4 (6.78%) Data Structures
9 3 (5.08%) Credit Risk
10 1 (1.69%) Computer Science
10 1 (1.69%) Equity Derivative
10 1 (1.69%) Greenfield Project
10 1 (1.69%) SWIFT
10 1 (1.69%) User Experience
Operating Systems
1 14 (23.73%) Linux
2 13 (22.03%) Windows
3 12 (20.34%) Unix
Processes & Methodologies
1 21 (35.59%) Agile Software Development
2 16 (27.12%) OO
3 11 (18.64%) Scrum
4 9 (15.25%) Analytics
4 9 (15.25%) Multithreading
4 9 (15.25%) Software Engineering
5 8 (13.56%) OOD
5 8 (13.56%) Risk Management
5 8 (13.56%) TDD
6 6 (10.17%) BDD
7 4 (6.78%) Business Development
7 4 (6.78%) Electronic Trading
7 4 (6.78%) Migration
7 4 (6.78%) Multithreaded Programming
7 4 (6.78%) Performance Analysis
7 4 (6.78%) Performance Tuning
8 3 (5.08%) Dependency Injection
8 3 (5.08%) Microservices
8 3 (5.08%) Stakeholder Management
8 3 (5.08%) Web Development
Programming Languages
1 27 (45.76%) SQL
2 18 (30.51%) Java
3 16 (27.12%) C#
3 16 (27.12%) C++
4 14 (23.73%) Python
5 10 (16.95%) Scala
6 6 (10.17%) PL/SQL
7 4 (6.78%) VBA
8 1 (1.69%) Ada
8 1 (1.69%) Clojure
8 1 (1.69%) F#
8 1 (1.69%) Haskell
8 1 (1.69%) PowerShell
Qualifications
1 1 (1.69%) Degree
Quality Assurance & Compliance
1 2 (3.39%) QA
2 1 (1.69%) MiFID
System Software
1 3 (5.08%) Apache Flume
1 3 (5.08%) HDFS
Systems Management
1 3 (5.08%) Oozie
1 3 (5.08%) Opscode Chef
2 2 (3.39%) Hadoop YARN
Vendors
1 18 (30.51%) Oracle
2 7 (11.86%) Murex
3 5 (8.47%) Microsoft
4 4 (6.78%) Bloomberg
4 4 (6.78%) ION Trading
4 4 (6.78%) TIBCO
5 3 (5.08%) Cloudera
5 3 (5.08%) Tradeweb
6 2 (3.39%) Calypso
6 2 (3.39%) Sybase
7 1 (1.69%) Barracuda Networks
7 1 (1.69%) Infragistics