Period
to 27 October 2020

The table below looks at the prevalence of the term OTC Derivatives in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited OTC Derivatives over the 6 months to 27 October 2020 with a comparison to the same period over the previous 2 years.

Over-the-Counter (OTC) Derivatives
UK
6 months to
27 Oct 2020
Same period 2019 Same period 2018
Rank 654 990 1050
Rank change year-on-year +336 +60 -69
Permanent jobs citing OTC Derivatives 43 77 121
As % of all permanent jobs advertised in the UK 0.087% 0.057% 0.074%
As % of the Miscellaneous category 0.23% 0.15% 0.19%
Number of salaries quoted 39 62 81
Median annual salary £115,000 £75,000 £90,000
Median salary % change year-on-year +53.33% -16.67% +33.33%
10th Percentile £70,000 £45,000 £41,250
90th Percentile £152,500 £141,375 £122,500
UK excluding London median annual salary - £50,000 -

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 with a requirement for generic IT skills.

All Generic IT Skills
UK
Permanent vacancies with a requirement for generic IT skills 18,899 52,924 64,635
As % of all permanent IT jobs advertised in the UK 38.19% 38.93% 39.51%
Number of salaries quoted 15,213 40,007 49,414
Median annual salary £57,500 £52,500 £52,500
Median salary % change year-on-year +9.52% - +5.00%
10th Percentile £32,500 £29,750 £28,750
90th Percentile £97,500 £90,000 £86,000
UK excluding London median annual salary £48,314 £45,000 £45,000
% change year-on-year +7.36% - +5.88%

OTC Derivatives
Job Vacancy Trend

Job postings citing OTC Derivatives as a proportion of all IT jobs advertised.

Job vacancy trend for OTC Derivatives in the UK

OTC Derivatives
Salary Trend

3-month moving average salary quoted in jobs citing OTC Derivatives.

Salary trend for OTC Derivatives in the UK

OTC Derivatives
Salary Histogram

Salary distribution for jobs citing OTC Derivatives over the 6 months to 27 October 2020.

Salary histogram for OTC Derivatives in the UK

OTC Derivatives
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing OTC Derivatives within the UK over the 6 months to 27 October 2020. 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
Job
Vacancies
England +353 43 £115,000 +53.33% 1
London +232 43 £115,000 +53.33% 1

For the 6 months to 27 October 2020, 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 with a requirement for OTC Derivatives.

1 42 (97.67%) Derivative
2 36 (83.72%) Finance
3 34 (79.07%) Agile Software Development
4 31 (72.09%) SQL
4 31 (72.09%) Python
5 30 (69.77%) Front Office
6 29 (67.44%) Scrum
6 29 (67.44%) Fixed Income
6 29 (67.44%) Business Analysis
6 29 (67.44%) Asset Management
6 29 (67.44%) Analytics
6 29 (67.44%) Hedge funds
7 28 (65.12%) Performance Attribution
7 28 (65.12%) Fund Management
7 28 (65.12%) Risk Analysis
7 28 (65.12%) Investment Management
7 28 (65.12%) R
7 28 (65.12%) Data Analysis
7 28 (65.12%) Migration
7 28 (65.12%) Bloomberg
7 28 (65.12%) MATLAB
7 28 (65.12%) Microsoft Excel
7 28 (65.12%) Microsoft
7 28 (65.12%) VBA
8 11 (25.58%) Performance Management
8 11 (25.58%) Mentoring
8 11 (25.58%) Banking
9 7 (16.28%) Java
10 5 (11.63%) Java 8
11 3 (6.98%) SDLC

OTC Derivatives
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:

Applications
1 28 (65.12%) Microsoft Excel
Cloud Services
1 2 (4.65%) AWS
2 1 (2.33%) Azure
Database & Business Intelligence
1 1 (2.33%) Amazon Athena
1 1 (2.33%) SQL Server
1 1 (2.33%) Tableau
Development Applications
1 2 (4.65%) Git (software)
1 2 (4.65%) JIRA
2 1 (2.33%) Gradle
2 1 (2.33%) Jenkins
2 1 (2.33%) Maven
2 1 (2.33%) TeamCity
General
1 36 (83.72%) Finance
2 30 (69.77%) Front Office
3 11 (25.58%) Banking
4 1 (2.33%) Advertising
4 1 (2.33%) Investment Banking
Job Titles
1 22 (51.16%) Finance Manager
2 21 (48.84%) Analytics Manager
3 20 (46.51%) Head of Analytics
3 20 (46.51%) Head of Finance
4 11 (25.58%) Performance Manager
5 8 (18.60%) Analyst
5 8 (18.60%) Business Analyst
6 6 (13.95%) Asset Management Analyst
6 6 (13.95%) Asset Management Business Analyst
6 6 (13.95%) Fixed Income Business Analyst
6 6 (13.95%) Lead Business Analyst
7 5 (11.63%) Developer
8 4 (9.30%) Java Developer
9 2 (4.65%) Architect
9 2 (4.65%) Derivatives Business Analyst
9 2 (4.65%) Development Team Leader
9 2 (4.65%) Lead Developer
9 2 (4.65%) OTC Derivatives Developer
9 2 (4.65%) Programme Manager
10 1 (2.33%) Project Manager
Libraries, Frameworks & Software Standards
1 2 (4.65%) JSON
1 2 (4.65%) XML
2 1 (2.33%) .NET
2 1 (2.33%) AngularJS
2 1 (2.33%) FpML
2 1 (2.33%) J2EE
2 1 (2.33%) Spring
2 1 (2.33%) Spring Boot
Miscellaneous
1 42 (97.67%) Derivative
2 29 (67.44%) Fixed Income
2 29 (67.44%) Hedge funds
3 1 (2.33%) Analytical Skills
3 1 (2.33%) Equities
3 1 (2.33%) Foreign Exchange (FX)
3 1 (2.33%) Interest Rate Derivative
3 1 (2.33%) User Experience
Operating Systems
1 1 (2.33%) Linux
1 1 (2.33%) Unix
1 1 (2.33%) Windows
Processes & Methodologies
1 34 (79.07%) Agile Software Development
2 29 (67.44%) Analytics
2 29 (67.44%) Asset Management
2 29 (67.44%) Business Analysis
2 29 (67.44%) Scrum
3 28 (65.12%) Data Analysis
3 28 (65.12%) Fund Management
3 28 (65.12%) Investment Management
3 28 (65.12%) Migration
3 28 (65.12%) Performance Attribution
3 28 (65.12%) Risk Analysis
4 11 (25.58%) Mentoring
4 11 (25.58%) Performance Management
5 3 (6.98%) SDLC
6 2 (4.65%) Collateral Management
6 2 (4.65%) Technology Roadmap
7 1 (2.33%) Data Science
7 1 (2.33%) Epics
7 1 (2.33%) Requirements Gathering
7 1 (2.33%) Translating Business Requirements
Programming Languages
1 31 (72.09%) Python
1 31 (72.09%) SQL
2 28 (65.12%) MATLAB
2 28 (65.12%) R
2 28 (65.12%) VBA
3 7 (16.28%) Java
4 5 (11.63%) Java 8
5 2 (4.65%) C#
5 2 (4.65%) JavaScript
6 1 (2.33%) C++
6 1 (2.33%) PL/SQL
Qualifications
1 1 (2.33%) Degree
Systems Management
1 1 (2.33%) Kibana
Vendors
1 28 (65.12%) Bloomberg
1 28 (65.12%) Microsoft
2 1 (2.33%) Calypso
2 1 (2.33%) Oracle