Period
to 26 September 2021

The table below looks at the prevalence of the term OTC Derivatives in permanent job vacancies advertised in the City of London. Included is a benchmarking guide to the salaries offered in vacancies that have cited OTC Derivatives over the 6 months to 26 September 2021 with a comparison to the same period over the previous 2 years.

Over-the-Counter (OTC) Derivatives
Central London > City of London
6 months to
26 Sep 2021
Same period 2020 Same period 2019
Rank 229 194 326
Rank change year-on-year -35 +132 +16
Permanent jobs citing OTC Derivatives 17 3 12
As % of all permanent jobs advertised in the City of London 0.29% 0.080% 0.12%
As % of the Miscellaneous category 0.78% 0.20% 0.32%
Number of salaries quoted 17 2 10
10th Percentile £45,750 £73,625 £57,375
25th Percentile £60,000 £77,188 £68,750
Median annual salary (50th Percentile) £70,000 £86,250 £77,000
Median % change year-on-year -18.84% +12.01% +2.67%
75th Percentile £100,000 £97,188 £87,500
90th Percentile £105,000 £101,875 £107,500
Central London median annual salary £70,000 £86,250 £77,000
% change year-on-year -18.84% +12.01% +2.67%

OTC Derivatives is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Permanent vacancies with a requirement for generic IT skills 2,181 1,482 3,709
As % of all permanent IT jobs advertised in the City of London 37.28% 39.43% 36.69%
Number of salaries quoted 1,933 1,273 3,222
10th Percentile £42,500 £42,500 £37,500
25th Percentile £56,250 £53,750 £51,250
Median annual salary (50th Percentile) £75,000 £72,500 £67,500
Median % change year-on-year +3.45% +7.41% +3.85%
75th Percentile £95,000 £88,750 £85,000
90th Percentile £110,000 £110,000 £102,500
Central London median annual salary £72,500 £70,000 £67,500
% change year-on-year +3.57% +3.70% +3.85%

OTC Derivatives
Job Vacancy Trend in the City of London

Job postings citing OTC Derivatives as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for OTC Derivatives in the City of London

OTC Derivatives
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing OTC Derivatives in the City of London.

Salary trend for OTC Derivatives in the City of London

OTC Derivatives
Salary Histogram in the City of London

Salary distribution for jobs citing OTC Derivatives in the City of London over the 6 months to 26 September 2021.

Salary histogram for OTC Derivatives in the City of London

For the 6 months to 26 September 2021, IT jobs citing OTC Derivatives also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the City of London region with a requirement for OTC Derivatives.

1 17 (100.00%) Derivative
2 13 (76.47%) Fintech
3 12 (70.59%) AWS
4 7 (41.18%) QA
4 7 (41.18%) Finance
5 6 (35.29%) Migration
5 6 (35.29%) Information Security
5 6 (35.29%) SOAP
5 6 (35.29%) Manual Testing
5 6 (35.29%) Test Automation
5 6 (35.29%) Docker
5 6 (35.29%) DevOps
6 4 (23.53%) Infrastructure Engineering
7 3 (17.65%) Agile Software Development
8 2 (11.76%) Banking
8 2 (11.76%) Credit Derivative
8 2 (11.76%) Investment Banking
8 2 (11.76%) Front Office
8 2 (11.76%) SQL
8 2 (11.76%) PRINCE2 Certification
8 2 (11.76%) PRINCE2
8 2 (11.76%) User Acceptance Testing
8 2 (11.76%) Interest Rate Derivative
8 2 (11.76%) Kubernetes
8 2 (11.76%) GitLab
8 2 (11.76%) Infrastructure as Code
9 1 (5.88%) Social Skills
9 1 (5.88%) SDLC
9 1 (5.88%) Translating Business Requirements
9 1 (5.88%) Collateral Management

OTC Derivatives
Co-occurring IT Skills in the City of 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:

Cloud Services
1 12 (70.59%) AWS
Development Applications
1 2 (11.76%) GitLab
2 1 (5.88%) JIRA
General
1 7 (41.18%) Finance
2 2 (11.76%) Banking
2 2 (11.76%) Front Office
2 2 (11.76%) Investment Banking
3 1 (5.88%) Advertising
3 1 (5.88%) Social Skills
Job Titles
1 6 (35.29%) OTC Derivatives Tester
1 6 (35.29%) QA Tester
1 6 (35.29%) Tester
2 4 (23.53%) Architect
2 4 (23.53%) AWS Architect
2 4 (23.53%) AWS Engineer
2 4 (23.53%) AWS Infrastructure Architect
2 4 (23.53%) AWS Infrastructure Engineer
2 4 (23.53%) AWS Infrastructure Lead
2 4 (23.53%) Cloud Architect
2 4 (23.53%) Cloud Engineer
2 4 (23.53%) Cloud Infrastructure Architect
2 4 (23.53%) Infrastructure Architect
2 4 (23.53%) Infrastructure Engineer
2 4 (23.53%) Lead Architect
2 4 (23.53%) Lead Cloud Architect
2 4 (23.53%) Lead Cloud Engineer
2 4 (23.53%) Lead Infrastructure Architect
2 4 (23.53%) Senior QA Tester
2 4 (23.53%) Senior Tester
Libraries, Frameworks & Software Standards
1 6 (35.29%) SOAP
2 1 (5.88%) JSON
2 1 (5.88%) XML
Miscellaneous
1 17 (100.00%) Derivative
2 2 (11.76%) Credit Derivative
2 2 (11.76%) Interest Rate Derivative
3 1 (5.88%) Equities
3 1 (5.88%) Equity Derivative
3 1 (5.88%) Hedge funds
Operating Systems
1 1 (5.88%) Linux
1 1 (5.88%) Unix
1 1 (5.88%) Windows
Processes & Methodologies
1 13 (76.47%) Fintech
2 6 (35.29%) DevOps
2 6 (35.29%) Information Security
2 6 (35.29%) Manual Testing
2 6 (35.29%) Migration
2 6 (35.29%) Test Automation
3 4 (23.53%) Infrastructure Engineering
4 3 (17.65%) Agile Software Development
5 2 (11.76%) Infrastructure as Code
5 2 (11.76%) PRINCE2
5 2 (11.76%) User Acceptance Testing
6 1 (5.88%) Analytics
6 1 (5.88%) Asset Management
6 1 (5.88%) Collateral Management
6 1 (5.88%) Data Modelling
6 1 (5.88%) Prototyping
6 1 (5.88%) SDLC
6 1 (5.88%) Translating Business Requirements
Programming Languages
1 2 (11.76%) SQL
2 1 (5.88%) Python
Qualifications
1 2 (11.76%) PRINCE2 Certification
2 1 (5.88%) Degree
Quality Assurance & Compliance
1 7 (41.18%) QA
System Software
1 6 (35.29%) Docker
Systems Management
1 2 (11.76%) Kubernetes