Period
to 18 February 2018

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 18 February 2018 with a comparison to the same period over the previous 2 years.

Over-the-Counter (OTC) Derivatives
UK
6 months to
18 Feb 2018
Same period 2017 Same period 2016
Rank 1077 1000 1109
Rank change year-on-year -77 +109 +16
Permanent jobs citing OTC Derivatives 117 178 200
As % of all permanent IT jobs advertised in the UK 0.067% 0.10% 0.095%
As % of the Miscellaneous category 0.16% 0.25% 0.22%
Number of salaries quoted 64 115 129
UK median annual salary £70,000 £73,000 £60,000
Median salary % change year-on-year -4.11% +21.67% -14.29%
10th Percentile £42,500 £45,000 £43,500
90th Percentile £88,375 £104,500 £96,500
UK excluding London median annual salary £70,000 £75,000 £57,500
% change year-on-year -6.67% +30.43% +15.00%

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 72,656 70,988 89,197
As % of all permanent IT jobs advertised in the UK 41.70% 40.65% 42.33%
Number of salaries quoted 57,054 58,029 71,630
UK median annual salary £50,000 £50,000 £48,000
Median salary % change year-on-year - +4.17% +6.67%
10th Percentile £27,500 £27,500 £27,500
90th Percentile £82,500 £81,250 £80,000
UK excluding London median annual salary £43,000 £42,500 £42,500
% change year-on-year +1.18% - +6.25%

OTC Derivatives
Job Vacancy Trend

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

Job vacancy trend for OTC Derivatives in the UK

OTC Derivatives
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing OTC Derivatives.

Salary trend for OTC Derivatives in the UK

OTC Derivatives
Salary Histogram

The salary distribution of IT jobs citing OTC Derivatives over the 6 months to 18 February 2018.

Salary histogram for OTC Derivatives in the UK

OTC Derivatives
Top 5 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 18 February 2018. 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 -63 116 £70,000 -4.11% 4
London -64 100 £65,000 -10.96% 4
UK excluding London +17 17 £70,000 -6.67% 1
South West - 16 £70,000 -
Scotland -39 1 - - 1

For the 6 months to 18 February 2018, 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.

1 110 (94.02%) Derivative
2 71 (60.68%) Finance
3 46 (39.32%) Foreign Exchange (FX)
4 43 (36.75%) Equities
5 42 (35.90%) Banking
6 40 (34.19%) Fixed Income
7 37 (31.62%) Asset Management
8 31 (26.50%) SQL
9 29 (24.79%) Agile Software Development
10 28 (23.93%) Back Office
10 28 (23.93%) Investment Banking
11 26 (22.22%) C#
12 25 (21.37%) Business Analysis
13 24 (20.51%) Degree
13 24 (20.51%) Test Automation
14 23 (19.66%) Front Office
15 20 (17.09%) Analytical Skills
16 19 (16.24%) Investment Management
17 18 (15.38%) Test Management
18 17 (14.53%) Java
18 17 (14.53%) Oracle
19 16 (13.68%) Scenario Testing
20 15 (12.82%) SDLC
21 14 (11.97%) Analytics
21 14 (11.97%) WCF
21 14 (11.97%) WPF
21 14 (11.97%) MiFID
22 13 (11.11%) Wealth Management
22 13 (11.11%) Credit Risk
22 13 (11.11%) Hedge funds

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:

Application Platforms
1 3 (2.56%) Apache Spark
2 2 (1.71%) Apache
3 1 (0.85%) IIS
3 1 (0.85%) JBoss
3 1 (0.85%) Oracle SOA Suite
3 1 (0.85%) WebLogic
3 1 (0.85%) WebSphere
3 1 (0.85%) WebSphere Application Server
Applications
1 10 (8.55%) Microsoft Excel
2 6 (5.13%) Microsoft PowerPoint
Business Applications
1 7 (5.98%) thinkFolio
2 1 (0.85%) FINCAD Analytics
2 1 (0.85%) RMDS
2 1 (0.85%) Sentinel
Communications & Networking
1 1 (0.85%) FIX Connectivity
Database & Business Intelligence
1 8 (6.84%) Oracle Database
2 5 (4.27%) Hadoop
2 5 (4.27%) SQL Server
3 4 (3.42%) Blockchain
3 4 (3.42%) Relational Database
4 2 (1.71%) Flink
5 1 (0.85%) Datomic
5 1 (0.85%) DB2
5 1 (0.85%) RDBMS
5 1 (0.85%) SQL Server Reporting Services
Development Applications
1 10 (8.55%) JIRA
2 2 (1.71%) JUnit
2 2 (1.71%) Mockito
3 1 (0.85%) Ant
3 1 (0.85%) Git (software)
3 1 (0.85%) Gradle
3 1 (0.85%) Hudson
3 1 (0.85%) Jenkins
3 1 (0.85%) JMeter
3 1 (0.85%) Maven
3 1 (0.85%) SoapUI
General
1 71 (60.68%) Finance
2 42 (35.90%) Banking
3 28 (23.93%) Back Office
3 28 (23.93%) Investment Banking
4 23 (19.66%) Front Office
5 8 (6.84%) Retail Banking
6 2 (1.71%) Billing
6 2 (1.71%) Legal
6 2 (1.71%) Retail
6 2 (1.71%) Wholesale Banking
7 1 (0.85%) Corporate Banking
7 1 (0.85%) Financial Institution
7 1 (0.85%) Law
7 1 (0.85%) Marketing
Job Titles
1 39 (33.33%) Analyst
2 29 (24.79%) Developer
3 26 (22.22%) Business Analyst
4 15 (12.82%) C# Developer
4 15 (12.82%) Programmer
5 14 (11.97%) C# Developer - Investment Banking
5 14 (11.97%) C# Programmer
6 12 (10.26%) Project Manager
7 11 (9.40%) Java Developer
8 10 (8.55%) OTC Derivatives Analyst
9 7 (5.98%) Analytics Manager
9 7 (5.98%) Development Manager
9 7 (5.98%) Risk Analytics Manager
9 7 (5.98%) Risk Manager
9 7 (5.98%) SQL Developer
10 6 (5.13%) Consultant
10 6 (5.13%) Derivatives Business Analyst
10 6 (5.13%) OTC Derivatives Business Analyst
10 6 (5.13%) Support Analyst
11 5 (4.27%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 14 (11.97%) WCF
1 14 (11.97%) WPF
2 10 (8.55%) Spring
3 7 (5.98%) Hibernate
4 4 (3.42%) .NET
5 3 (2.56%) AngularJS
5 3 (2.56%) RESTful
5 3 (2.56%) TIBCO EMS
5 3 (2.56%) XML
6 2 (1.71%) CSS
6 2 (1.71%) FIX Protocol
6 2 (1.71%) HTML
6 2 (1.71%) Kafka
6 2 (1.71%) SOAP
6 2 (1.71%) Spring MVC
6 2 (1.71%) Web Services
7 1 (0.85%) ASP.NET
7 1 (0.85%) J2EE
7 1 (0.85%) JMS
7 1 (0.85%) XSLT
Miscellaneous
1 110 (94.02%) Derivative
2 46 (39.32%) Foreign Exchange (FX)
3 43 (36.75%) Equities
4 40 (34.19%) Fixed Income
5 20 (17.09%) Analytical Skills
6 13 (11.11%) Credit Risk
6 13 (11.11%) Hedge funds
7 12 (10.26%) Computer Science
8 7 (5.98%) Enterprise Software
8 7 (5.98%) Grid Computing
8 7 (5.98%) Virtual Team
9 6 (5.13%) Fintech
10 4 (3.42%) Reference Data
11 3 (2.56%) Equity Derivative
12 1 (0.85%) Eurex
12 1 (0.85%) Management Information System
12 1 (0.85%) SWIFT
Operating Systems
1 8 (6.84%) Unix
2 4 (3.42%) Solaris
3 2 (1.71%) Linux
4 1 (0.85%) Windows
4 1 (0.85%) Windows Server
Processes & Methodologies
1 37 (31.62%) Asset Management
2 29 (24.79%) Agile Software Development
3 25 (21.37%) Business Analysis
4 24 (20.51%) Test Automation
5 19 (16.24%) Investment Management
6 18 (15.38%) Test Management
7 16 (13.68%) Scenario Testing
8 15 (12.82%) SDLC
9 14 (11.97%) Analytics
10 13 (11.11%) Wealth Management
11 11 (9.40%) Project Management
12 9 (7.69%) Software Engineering
13 8 (6.84%) Credit Risk Analytics
13 8 (6.84%) Fund Management
13 8 (6.84%) Process Improvement
13 8 (6.84%) Risk Analytics
14 7 (5.98%) Business Development
14 7 (5.98%) Collateral Management
14 7 (5.98%) Fund Accounting
14 7 (5.98%) Project Planning
Programming Languages
1 31 (26.50%) SQL
2 26 (22.22%) C#
3 17 (14.53%) Java
4 4 (3.42%) Python
5 3 (2.56%) C++
5 3 (2.56%) PL/SQL
6 2 (1.71%) Bash Shell
6 2 (1.71%) PowerShell
6 2 (1.71%) VBA
7 1 (0.85%) C++/CLI
7 1 (0.85%) Clojure
7 1 (0.85%) JavaScript
7 1 (0.85%) Shell Script
7 1 (0.85%) T-SQL
7 1 (0.85%) VB
7 1 (0.85%) VB6
7 1 (0.85%) XPath
Qualifications
1 24 (20.51%) Degree
2 8 (6.84%) CFA
2 8 (6.84%) Computer Science Degree
3 1 (0.85%) ISEB
3 1 (0.85%) ISEB Practitioner
3 1 (0.85%) Master's Degree
Quality Assurance & Compliance
1 14 (11.97%) MiFID
2 12 (10.26%) EMIR
3 11 (9.40%) QA
4 9 (7.69%) Dodd-Frank
5 8 (6.84%) Basel III
5 8 (6.84%) UCITS
6 7 (5.98%) AIFMD
7 6 (5.13%) SLA
8 4 (3.42%) Data Quality
9 1 (0.85%) FATCA
9 1 (0.85%) FINRA
9 1 (0.85%) PMO
Vendors
1 17 (14.53%) Oracle
2 9 (7.69%) Charles River
3 3 (2.56%) Microsoft
3 3 (2.56%) TIBCO
4 2 (1.71%) Calypso
4 2 (1.71%) Perforce
4 2 (1.71%) Solace
5 1 (0.85%) Avaloq
5 1 (0.85%) FFastFill
5 1 (0.85%) FNZ
5 1 (0.85%) ION Trading
5 1 (0.85%) Murex