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 23 June 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
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 571 603 594
Rank change year-on-year +32 -9  
Contract jobs citing Credit Derivative 31 40 45
As % of all contract IT jobs advertised in the UK 0.066% 0.074% 0.080%
As % of the Miscellaneous category 0.20% 0.22% 0.25%
Number of daily rates quoted 24 34 35
Median daily rate £600 £625 £575
Median daily rate % change year-on-year -4.00% +8.69%  
90% offered a daily rate of more than £430 £600 £500
10% offered a daily rate of more than £650 £700 £680
UK excluding London median daily rate - - £525
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 15514 17930 17779
As % of all contract IT job vacancies advertised in the UK 33.14% 33.32% 31.64%
Number of daily rates quoted 10087 11763 11122
Median daily rate £450 £425 £423
Median daily rate % change year-on-year +5.88% +0.59%  
90% offered a daily rate of more than £275 £260 £250
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 488 588 656
Median hourly rate £22.50 £22.25 £19.00
Median hourly rate % change year-on-year +1.12% +17.10%  
90% offered a hourly rate of more than £12.47 £12.50 £12.10
10% offered a hourly rate of more than £50.00 £47.39 £47.33
UK excluding London median hourly rate £25.00 £22.75 £19.00
% change year-on-year +9.89% +19.73%  

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 23 June 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 3 months to 23 June 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 +22 30 £600 -4.00% 5
London -5 30 £600 -4.00% 5
City of London -4 3 £500 -23.07% 2
Docklands, London - 2 £575 -

For the 6 months to 23 June 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 (100.00%) Derivative
2 23 (46.94%) Finance
2 23 (46.94%) Fixed Income
3 21 (42.86%) SQL
4 20 (40.82%) Front Office
5 19 (38.78%) Foreign Exchange (FX)
6 18 (36.73%) Banking
7 16 (32.65%) C#
8 14 (28.57%) Java
8 14 (28.57%) Oracle
9 13 (26.53%) Risk Management
9 13 (26.53%) Multithreading
10 11 (22.45%) Agile Software Development
11 10 (20.41%) Investment Banking
12 9 (18.37%) Scala
12 9 (18.37%) OO
13 8 (16.33%) Analytics
13 8 (16.33%) Analytical Skills
14 7 (14.29%) SQL Server Analysis Services
14 7 (14.29%) Mathematics
14 7 (14.29%) Computer Science
14 7 (14.29%) Degree
14 7 (14.29%) Unix
14 7 (14.29%) SQL Server
14 7 (14.29%) C++
14 7 (14.29%) .NET
15 6 (12.24%) Global One
15 6 (12.24%) Python
15 6 (12.24%) BusinessObjects
15 6 (12.24%) Credit Risk

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 4 (8.16%) Elasticsearch
2 3 (6.12%) Tomcat
Business Applications
1 6 (12.24%) Global One
Database & Business Intelligence
1 7 (14.29%) SQL Server
1 7 (14.29%) SQL Server Analysis Services
2 6 (12.24%) BusinessObjects
2 6 (12.24%) BusinessObjects XI
3 5 (10.20%) ObjectStore
3 5 (10.20%) PostgreSQL
4 3 (6.12%) Relational Database
5 1 (2.04%) Oracle Database
Development Applications
1 2 (4.08%) NUnit
2 1 (2.04%) Jasmine
2 1 (2.04%) Karma Test Runner
2 1 (2.04%) Rhino Mocks
2 1 (2.04%) Subversion
2 1 (2.04%) TeamCity
General
1 23 (46.94%) Finance
2 20 (40.82%) Front Office
3 18 (36.73%) Banking
4 10 (20.41%) Investment Banking
5 2 (4.08%) Financial Institution
5 2 (4.08%) Legal
6 1 (2.04%) Back Office
6 1 (2.04%) French Language
6 1 (2.04%) Law
6 1 (2.04%) Prime Brokerage
Job Titles
1 37 (75.51%) Developer
2 13 (26.53%) Java Developer
3 11 (22.45%) Analyst
4 7 (14.29%) C# Developer
5 6 (12.24%) .NET Developer
5 6 (12.24%) C++ Developer
5 6 (12.24%) Python Developer
6 5 (10.20%) Front Office Developer
6 5 (10.20%) Java Scala Developer
6 5 (10.20%) Scala Developer
7 4 (8.16%) Oracle Developer
8 3 (6.12%) Applications Support
8 3 (6.12%) Applications Support Analyst
8 3 (6.12%) C# .NET Developer
8 3 (6.12%) Perl Developer
8 3 (6.12%) Qualitative Analyst
8 3 (6.12%) Quantitative Analyst
8 3 (6.12%) Quantitative Developer
8 3 (6.12%) Support Analyst
9 2 (4.08%) Credit Risk C++ Developer
Libraries, Frameworks & Software Standards
1 7 (14.29%) .NET
2 6 (12.24%) AngularJS
3 5 (10.20%) STL
4 3 (6.12%) Middleware
5 2 (4.08%) HTML
6 1 (2.04%) Akka
6 1 (2.04%) ASP.NET
6 1 (2.04%) ASP.NET MVC
6 1 (2.04%) ASP.NET Web API
6 1 (2.04%) COM
6 1 (2.04%) CSS
6 1 (2.04%) FpML
6 1 (2.04%) HTML5
6 1 (2.04%) RESTful
6 1 (2.04%) Web Services
6 1 (2.04%) WinForms
6 1 (2.04%) WPF
6 1 (2.04%) XML
6 1 (2.04%) XSLT
Miscellaneous
1 49 (100.00%) Derivative
2 23 (46.94%) Fixed Income
3 19 (38.78%) Foreign Exchange (FX)
4 8 (16.33%) Analytical Skills
5 7 (14.29%) Computer Science
6 6 (12.24%) Credit Risk
6 6 (12.24%) Interest Rate Derivative
7 5 (10.20%) Algorithms
7 5 (10.20%) Grid Computing
8 4 (8.16%) Mainframe
8 4 (8.16%) Market Risk
9 3 (6.12%) Data Structures
10 2 (4.08%) Equity Derivative
11 1 (2.04%) Equities
11 1 (2.04%) Hedge funds
11 1 (2.04%) Management Information System
11 1 (2.04%) OTC Derivatives
11 1 (2.04%) SWIFT
Operating Systems
1 7 (14.29%) Unix
2 5 (10.20%) Linux
2 5 (10.20%) Windows
Processes & Methodologies
1 13 (26.53%) Multithreading
1 13 (26.53%) Risk Management
2 11 (22.45%) Agile Software Development
3 9 (18.37%) OO
4 8 (16.33%) Analytics
5 7 (14.29%) Mathematics
6 6 (12.24%) Software Engineering
7 5 (10.20%) BDD
7 5 (10.20%) Change Management
7 5 (10.20%) Monte Carlo Method
7 5 (10.20%) OOD
7 5 (10.20%) Scrum
8 4 (8.16%) Data Analytics
8 4 (8.16%) Data Management
8 4 (8.16%) Functional Programming
8 4 (8.16%) Microservices
8 4 (8.16%) Migration
8 4 (8.16%) Multithreaded Programming
8 4 (8.16%) TDD
9 3 (6.12%) Performance Analysis
Programming Languages
1 21 (42.86%) SQL
2 16 (32.65%) C#
3 14 (28.57%) Java
4 9 (18.37%) Scala
5 7 (14.29%) C++
6 6 (12.24%) Python
7 3 (6.12%) Perl
8 2 (4.08%) JavaScript
8 2 (4.08%) R
9 1 (2.04%) F#
9 1 (2.04%) Haskell
9 1 (2.04%) VBA
9 1 (2.04%) VC++
Qualifications
1 7 (14.29%) Degree
2 4 (8.16%) Computer Science Degree
3 2 (4.08%) PhD
Quality Assurance & Compliance
1 2 (4.08%) MiFID
Systems Management
1 1 (2.04%) HP Quality Center
Vendors
1 14 (28.57%) Oracle
2 2 (4.08%) Calypso
2 2 (4.08%) Murex
3 1 (2.04%) Microsoft
City, London
Pioneer Search
Rate: £600 - £625 per day
Posted: 3 days ago
City, London
Haysfm
Rate: £500.00 - £600.00 per day
Posted: 3 days ago
London
Hays London City Cheapside
Rate: £500.00 - £700.00 per day
Posted: 7 days ago