The table below looks at the prevalence of the term Swaptions in permanent job vacancies advertised in the City of London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Swaptions over the 3 months to 28 June 2017 with a comparison to the same period over the previous 2 years.

Swaptions
London / City of London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 221 249 313
Rank change year-on-year +28 +64  
Permanent jobs citing Swaptions 6 6 2
As % of all permanent IT jobs advertised in the City of London 0.12% 0.094% 0.020%
As % of the Miscellaneous category 0.25% 0.20% 0.045%
Number of salaries quoted 6 4 2
Median salary £102,500 £62,500 £81,250
Median salary % change year-on-year +64.00% -23.07%  
90% offered a salary of more than £48,750 £48,250 £75,125
10% offered a salary of more than £117,500 £65,500 £88,375
UK excluding London median salary - £70,000 -

Swaptions is in the generic IT skills category. The next 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.

Generic IT Skills
City of London
Permanent job vacancies with a requirement for generic IT skills 2427 2982 4451
As % of all permanent IT job vacancies advertised in the City of London 47.23% 46.81% 43.75%
Number of salaries quoted 3350 4213 5577
Median salary £62,500 £60,000 £57,500
Median salary % change year-on-year +4.16% +4.34%  
90% offered a salary of more than £32,500 £35,000 £34,250
10% offered a salary of more than £97,500 £87,500 £87,500
UK excluding London median salary £42,500 £42,500 £40,000
% change year-on-year - +6.25%  

Swaptions
Job Vacancy Trend in the City of London

Job postings citing Swaptions as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Swaptions in the City of London

Swaptions
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Swaptions in the City of London.

Salary trend for Swaptions in the City of London

Swaptions
Salary Histogram in the City of London

The salary distribution of IT jobs citing Swaptions in the City of London over the 3 months to 28 June 2017.

Salary histogram for Swaptions in the City of London

For the 6 months to 28 June 2017, IT jobs citing Swaptions also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the City of London region with a requirement for Swaptions.

1 13 (92.86%) Front Office
2 8 (57.14%) Banking
2 8 (57.14%) Investment Banking
2 8 (57.14%) PhD
2 8 (57.14%) C#
2 8 (57.14%) C++
2 8 (57.14%) Python
2 8 (57.14%) Risk Management
3 6 (42.86%) Derivative
4 5 (35.71%) Statistics
4 5 (35.71%) Stochastic Calculus
4 5 (35.71%) Monte Carlo Method
4 5 (35.71%) Greeks
4 5 (35.71%) Finance
4 5 (35.71%) Advertising
4 5 (35.71%) Back Office
4 5 (35.71%) Microsoft Excel
4 5 (35.71%) VBA
4 5 (35.71%) Foreign Exchange (FX)
5 1 (7.14%) Stakeholder Management
5 1 (7.14%) Change Management
5 1 (7.14%) Investment Management
5 1 (7.14%) OTC Derivatives
5 1 (7.14%) Business Analysis
5 1 (7.14%) Asset Management

Swaptions
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 5 (35.71%) Microsoft Excel
General
1 13 (92.86%) Front Office
2 8 (57.14%) Banking
2 8 (57.14%) Investment Banking
3 5 (35.71%) Advertising
3 5 (35.71%) Back Office
3 5 (35.71%) Finance
Job Titles
1 10 (71.43%) Analyst
2 9 (64.29%) Qualitative Analyst
2 9 (64.29%) Quantitative Analyst
3 8 (57.14%) Credit Analyst
4 2 (14.29%) Junior
5 1 (7.14%) Asset Management Analyst
5 1 (7.14%) Asset Management Business Analyst
5 1 (7.14%) Business Analyst
5 1 (7.14%) Business Change Analyst
5 1 (7.14%) Business Change Business Analyst
5 1 (7.14%) Change Management Business Analyst
5 1 (7.14%) Junior Analyst
5 1 (7.14%) Junior Quantitative Analyst
5 1 (7.14%) Product Analyst
Miscellaneous
1 6 (42.86%) Derivative
2 5 (35.71%) Foreign Exchange (FX)
3 1 (7.14%) OTC Derivatives
Processes & Methodologies
1 8 (57.14%) Risk Management
2 5 (35.71%) Greeks
2 5 (35.71%) Monte Carlo Method
2 5 (35.71%) Statistics
2 5 (35.71%) Stochastic Calculus
3 1 (7.14%) Asset Management
3 1 (7.14%) Business Analysis
3 1 (7.14%) Change Management
3 1 (7.14%) Investment Management
3 1 (7.14%) Stakeholder Management
Programming Languages
1 8 (57.14%) C#
1 8 (57.14%) C++
1 8 (57.14%) Python
2 5 (35.71%) VBA
Qualifications
1 8 (57.14%) PhD