Period
to

The table below looks at the prevalence of the term Credit Derivative in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Credit Derivative over the 6 months to 12 August 2022 with a comparison to the same period over the previous 2 years.

Credit Derivatives
UK
6 months to
12 Aug 2022
Same period 2021 Same period 2020
Rank 1176 980 761
Rank change year-on-year -196 -219 +306
Permanent jobs citing Credit Derivative 36 38 30
As % of all permanent jobs advertised in the UK 0.021% 0.033% 0.047%
As % of the Miscellaneous category 0.046% 0.081% 0.13%
Number of salaries quoted 35 36 29
10th Percentile £66,250 - £115,000
25th Percentile £107,500 £75,000 £127,500
Median annual salary (50th Percentile) £115,000 £87,500 £135,000
Median % change year-on-year +31.43% -35.19% +68.75%
75th Percentile £152,500 £118,750 £172,500
90th Percentile - £128,750 -
UK excluding London median annual salary - - -

Credit Derivative is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for generic IT skills.

All Generic Skills
UK
Permanent vacancies with a requirement for generic IT skills 78,308 46,712 23,280
As % of all permanent IT jobs advertised in the UK 46.36% 40.83% 36.77%
Number of salaries quoted 34,107 28,377 18,526
10th Percentile £34,250 £32,500 £32,500
25th Percentile £45,000 £42,500 £41,250
Median annual salary (50th Percentile) £62,500 £60,000 £55,000
Median % change year-on-year +4.17% +9.09% -
75th Percentile £83,750 £80,000 £77,500
90th Percentile £102,500 £97,500 £97,500
UK excluding London median annual salary £52,500 £50,000 £47,500
% change year-on-year +5.00% +5.26% +5.56%

Credit Derivative
Job Vacancy Trend

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

Job vacancy trend for Credit Derivative in the UK

Credit Derivative
Salary Trend

3-month moving average salary quoted in jobs citing Credit Derivative.

Salary trend for Credit Derivative in the UK

Credit Derivative
Salary Histogram

Salary distribution for jobs citing Credit Derivative over the 6 months to 12 August 2022.

Salary histogram for Credit Derivative in the UK

Credit Derivative
Top 3 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Credit Derivative within the UK over the 6 months to 12 August 2022. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
London -201 36 £115,000 +31.43% 1
England -203 36 £115,000 +31.43% 1
Work from Home -217 27 £145,000 +70.59% 2

For the 6 months to 12 August 2022, IT jobs citing Credit Derivative 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 with a requirement for Credit Derivative.

1 36 (100.00%) Derivative
2 33 (91.67%) Finance
3 32 (88.89%) Agile
4 31 (86.11%) Front Office
5 27 (75.00%) Fixed Income
5 27 (75.00%) Python
5 27 (75.00%) Hedge funds
6 25 (69.44%) AWS
7 24 (66.67%) Azure
7 24 (66.67%) R
7 24 (66.67%) GCP
7 24 (66.67%) Greenfield Project
7 24 (66.67%) Quantitative Research
7 24 (66.67%) Scrum
7 24 (66.67%) Asset Management
7 24 (66.67%) Software Engineering
7 24 (66.67%) Investment Management
8 8 (22.22%) Java
9 7 (19.44%) Oracle
9 7 (19.44%) WebLogic
9 7 (19.44%) Linux
9 7 (19.44%) Banking
9 7 (19.44%) Social Skills
9 7 (19.44%) Pricing Data
10 4 (11.11%) C++
10 4 (11.11%) Foreign Exchange (FX)
11 3 (8.33%) Monte Carlo Method
11 3 (8.33%) Black-Scholes
11 3 (8.33%) Market Making
11 3 (8.33%) Analytics

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 7 (19.44%) WebLogic
Cloud Services
1 25 (69.44%) AWS
2 24 (66.67%) Azure
2 24 (66.67%) GCP
3 1 (2.78%) Amazon EC2
3 1 (2.78%) Amazon S3
Development Applications
1 1 (2.78%) Jenkins
1 1 (2.78%) JUnit
1 1 (2.78%) Mockito
General
1 33 (91.67%) Finance
2 31 (86.11%) Front Office
3 7 (19.44%) Banking
3 7 (19.44%) Social Skills
Job Titles
1 28 (77.78%) Developer
2 24 (66.67%) Python Developer
3 7 (19.44%) Java Engineer
4 3 (8.33%) Analytics Developer
4 3 (8.33%) Quantitative Developer
5 1 (2.78%) Analyst
5 1 (2.78%) AWS Developer
5 1 (2.78%) Credit Analyst
5 1 (2.78%) Java Developer
5 1 (2.78%) Qualitative Analyst
5 1 (2.78%) Quantitative Analyst
5 1 (2.78%) Senior Developer
5 1 (2.78%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 1 (2.78%) Spring
1 1 (2.78%) Spring Boot
Miscellaneous
1 36 (100.00%) Derivative
2 27 (75.00%) Fixed Income
2 27 (75.00%) Hedge funds
3 24 (66.67%) Greenfield Project
4 7 (19.44%) Pricing Data
5 4 (11.11%) Foreign Exchange (FX)
6 1 (2.78%) Exotic Derivative
6 1 (2.78%) Public Cloud
Operating Systems
1 7 (19.44%) Linux
Processes & Methodologies
1 32 (88.89%) Agile
2 24 (66.67%) Asset Management
2 24 (66.67%) Investment Management
2 24 (66.67%) Quantitative Research
2 24 (66.67%) Scrum
2 24 (66.67%) Software Engineering
3 3 (8.33%) Analytics
3 3 (8.33%) Black-Scholes
3 3 (8.33%) Market Making
3 3 (8.33%) Monte Carlo Method
4 1 (2.78%) CI/CD
4 1 (2.78%) Containerisation
4 1 (2.78%) DevOps
4 1 (2.78%) Mathematics
4 1 (2.78%) Microservices
4 1 (2.78%) Quantitative Finance
4 1 (2.78%) Risk Management
4 1 (2.78%) Stakeholder Engagement
4 1 (2.78%) TDD
4 1 (2.78%) Validation
Programming Languages
1 27 (75.00%) Python
2 24 (66.67%) R
3 8 (22.22%) Java
4 4 (11.11%) C++
Qualifications
1 1 (2.78%) PhD
System Software
1 1 (2.78%) Docker
Systems Management
1 1 (2.78%) Kubernetes
Vendors
1 7 (19.44%) Oracle