Period
to 20 April 2019

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 20 April 2019 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
20 Apr 2019
Same period 2018 Same period 2017
Rank 302 331 320
Rank change year-on-year +29 -11 +13
Permanent jobs citing OTC Derivatives 21 11 22
As % of all permanent IT jobs advertised in the City of London 0.21% 0.10% 0.21%
As % of the Miscellaneous category 0.44% 0.22% 0.45%
Number of salaries quoted 20 10 17
City of London median annual salary £65,000 £71,250 £60,000
Median salary % change year-on-year -8.77% +18.75% +4.35%
10th Percentile £33,625 £46,125 £37,500
90th Percentile £107,500 £89,500 £80,000
Central London median annual salary £70,000 £71,250 £60,000
% change year-on-year -1.75% +18.75% +4.35%

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 4,724 5,055 4,897
As % of all permanent IT jobs advertised in the City of London 46.13% 46.77% 46.96%
Number of salaries quoted 4,184 4,461 4,468
City of London median annual salary £67,500 £62,500 £60,000
Median salary % change year-on-year +8.00% +4.17% +4.35%
10th Percentile £40,000 £37,500 £33,675
90th Percentile £97,500 £97,500 £95,000
Central London median annual salary £65,000 £60,000 £60,000
% change year-on-year +8.33% - +4.35%

OTC Derivatives
Job Vacancy Trend in the City of London

Job postings citing OTC Derivatives as a percentage 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

This chart provides the 3-month moving average for salaries quoted in permanent IT 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

The salary distribution of IT jobs citing OTC Derivatives in the City of London over the 6 months to 20 April 2019.

Salary histogram for OTC Derivatives in the City of London

For the 6 months to 20 April 2019, 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 21 (100.00%) Derivative
2 16 (76.19%) Finance
3 13 (61.90%) Advertising
4 10 (47.62%) Front Office
4 10 (47.62%) Degree
5 7 (33.33%) Mathematics
5 7 (33.33%) Physics
5 7 (33.33%) Risk Management
5 7 (33.33%) Market Risk
6 6 (28.57%) Collateral Management
6 6 (28.57%) Foreign Exchange (FX)
6 6 (28.57%) German Language
7 4 (19.05%) Agile Software Development
7 4 (19.05%) Spanish Language
7 4 (19.05%) QA
7 4 (19.05%) VBA
7 4 (19.05%) Microsoft Excel
8 3 (14.29%) OOD
8 3 (14.29%) ISEB
8 3 (14.29%) UML
8 3 (14.29%) OO
8 3 (14.29%) Back Office
8 3 (14.29%) Validation
8 3 (14.29%) Migration
8 3 (14.29%) Scrum
8 3 (14.29%) Swaptions
8 3 (14.29%) Monte Carlo Method
8 3 (14.29%) Greeks
8 3 (14.29%) Low Latency
8 3 (14.29%) Analytical Skills

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:

Applications
1 4 (19.05%) Microsoft Excel
General
1 16 (76.19%) Finance
2 13 (61.90%) Advertising
3 10 (47.62%) Front Office
4 6 (28.57%) German Language
5 4 (19.05%) Spanish Language
6 3 (14.29%) Back Office
7 1 (4.76%) French Language
7 1 (4.76%) Publishing
Job Titles
1 10 (47.62%) Analyst
2 6 (28.57%) Client Relationship Manager
2 6 (28.57%) Relationships Manager
3 4 (19.05%) Business Analyst
4 3 (14.29%) Product Analyst
4 3 (14.29%) QA Analyst
4 3 (14.29%) QA Test Analyst
4 3 (14.29%) Qualitative Analyst
4 3 (14.29%) Quantitative Analyst
4 3 (14.29%) Test Analyst
5 2 (9.52%) Derivatives Business Analyst
5 2 (9.52%) Designer
5 2 (9.52%) Front Office Business Analyst
5 2 (9.52%) Junior
5 2 (9.52%) Junior Analyst
5 2 (9.52%) Junior Quantitative Analyst
5 2 (9.52%) Solutions Designer
6 1 (4.76%) Credit Risk Business Analyst
6 1 (4.76%) Delivery Manager
6 1 (4.76%) Risk Analyst
Miscellaneous
1 21 (100.00%) Derivative
2 7 (33.33%) Market Risk
3 6 (28.57%) Foreign Exchange (FX)
4 3 (14.29%) Analytical Skills
4 3 (14.29%) Contract for Difference
4 3 (14.29%) Swaptions
5 2 (9.52%) Fixed Income
5 2 (9.52%) Management Information System
6 1 (4.76%) Credit Risk
6 1 (4.76%) Enterprise Software
6 1 (4.76%) Equity Derivative
Processes & Methodologies
1 7 (33.33%) Mathematics
1 7 (33.33%) Physics
1 7 (33.33%) Risk Management
2 6 (28.57%) Collateral Management
3 4 (19.05%) Agile Software Development
4 3 (14.29%) Business Analysis
4 3 (14.29%) Greeks
4 3 (14.29%) Low Latency
4 3 (14.29%) Market Making
4 3 (14.29%) Migration
4 3 (14.29%) Monte Carlo Method
4 3 (14.29%) OO
4 3 (14.29%) OOD
4 3 (14.29%) Scrum
4 3 (14.29%) Statistics
4 3 (14.29%) Stochastic Calculus
4 3 (14.29%) TOGAF
4 3 (14.29%) UML
4 3 (14.29%) Validation
5 2 (9.52%) Investment Management
Programming Languages
1 4 (19.05%) VBA
2 2 (9.52%) SQL
3 1 (4.76%) C++
Qualifications
1 10 (47.62%) Degree
2 3 (14.29%) ISEB
3 1 (4.76%) CFA
Quality Assurance & Compliance
1 4 (19.05%) QA
Vendors
1 2 (9.52%) Bloomberg