Period
to 12 August 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 12 August 2020 with a comparison to the same period over the previous 2 years.

Over-the-Counter (OTC) Derivatives
UK
6 months to
12 Aug 2020
Same period 2019 Same period 2018
Rank 692 964 1039
Rank change year-on-year +272 +75 -56
Permanent jobs citing OTC Derivatives 78 131 143
As % of all permanent jobs advertised in the UK 0.12% 0.092% 0.084%
As % of the Miscellaneous category 0.31% 0.24% 0.21%
Number of salaries quoted 76 84 93
Median annual salary £110,000 £85,000 £70,000
Median salary % change year-on-year +29.41% +21.43% +3.70%
10th Percentile £65,000 £45,000 £41,250
90th Percentile £143,750 £127,750 £122,500
UK excluding London median annual salary £40,000 £50,000 -
% change year-on-year -20.00% - -

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 24,800 55,426 66,519
As % of all permanent IT jobs advertised in the UK 39.22% 38.93% 39.17%
Number of salaries quoted 19,221 41,518 50,951
Median annual salary £55,000 £52,500 £50,500
Median salary % change year-on-year +4.76% +3.96% +1.00%
10th Percentile £31,500 £29,750 £28,500
90th Percentile £95,000 £88,750 £85,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +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 12 August 2020.

Salary histogram for OTC Derivatives in the UK

OTC Derivatives
Top 4 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 12 August 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 +271 76 £110,000 +29.41%
London +157 76 £110,000 +29.41%
UK excluding London +256 2 £40,000 -20.00%
Northern Ireland +22 2 £40,000 -20.00%

For the 6 months to 12 August 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 78 (100.00%) Derivative
2 67 (85.90%) Finance
3 50 (64.10%) Agile Software Development
4 49 (62.82%) Fixed Income
5 43 (55.13%) SQL
6 40 (51.28%) Scrum
6 40 (51.28%) Front Office
6 40 (51.28%) Business Analysis
7 38 (48.72%) Asset Management
7 38 (48.72%) Microsoft
7 38 (48.72%) Bloomberg
8 37 (47.44%) Python
8 37 (47.44%) Investment Management
8 37 (47.44%) Hedge funds
9 36 (46.15%) R
9 36 (46.15%) Performance Attribution
9 36 (46.15%) Risk Analysis
9 36 (46.15%) Data Analysis
9 36 (46.15%) VBA
9 36 (46.15%) Microsoft Excel
9 36 (46.15%) MATLAB
10 34 (43.59%) Migration
10 34 (43.59%) Fund Management
11 31 (39.74%) Analytics
12 29 (37.18%) Banking
13 17 (21.79%) Mentoring
14 16 (20.51%) Oracle
15 13 (16.67%) Foreign Exchange (FX)
16 11 (14.10%) Investment Banking
16 11 (14.10%) Performance Management

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 1 (1.28%) Apache
1 1 (1.28%) Confluence
1 1 (1.28%) Oracle Coherence
Applications
1 36 (46.15%) Microsoft Excel
Cloud Services
1 2 (2.56%) AWS
2 1 (1.28%) Azure
2 1 (1.28%) GCP
Database & Business Intelligence
1 9 (11.54%) Data Warehouse
2 8 (10.26%) Oracle Database
3 4 (5.13%) SQL Server
4 2 (2.56%) MongoDB
5 1 (1.28%) Apache Ignite
5 1 (1.28%) BusinessObjects
5 1 (1.28%) Hazelcast
5 1 (1.28%) InterSystems Cache
5 1 (1.28%) PowerCenter
5 1 (1.28%) QlikView
5 1 (1.28%) Sybase ASE
Development Applications
1 7 (8.97%) Git (software)
2 4 (5.13%) Jenkins
2 4 (5.13%) TeamCity
3 3 (3.85%) Gradle
3 3 (3.85%) Maven
4 1 (1.28%) JIRA
4 1 (1.28%) Subversion
General
1 67 (85.90%) Finance
2 40 (51.28%) Front Office
3 29 (37.18%) Banking
4 11 (14.10%) Investment Banking
5 2 (2.56%) Financial Institution
6 1 (1.28%) Dutch Language
6 1 (1.28%) German Language
Job Titles
1 29 (37.18%) Finance Manager
2 25 (32.05%) Analyst
3 20 (25.64%) Analytics Manager
3 20 (25.64%) Head of Analytics
3 20 (25.64%) Head of Finance
4 15 (19.23%) Business Analyst
5 13 (16.67%) Developer
6 12 (15.38%) Fixed Income Business Analyst
7 11 (14.10%) Performance Manager
8 10 (12.82%) Financial Analyst
9 8 (10.26%) SQL Analyst
10 7 (8.97%) Functional Analyst
10 7 (8.97%) Functional Test Analyst
10 7 (8.97%) Java Developer
10 7 (8.97%) Test Analyst
11 6 (7.69%) Asset Management Business Analyst
11 6 (7.69%) Business Manager
11 6 (7.69%) ETL Developer
11 6 (7.69%) Finance Business Analyst
11 6 (7.69%) Lead Business Analyst
Libraries, Frameworks & Software Standards
1 8 (10.26%) .NET
2 6 (7.69%) AngularJS
3 4 (5.13%) .NET Framework
3 4 (5.13%) J2EE
3 4 (5.13%) Spring
4 3 (3.85%) FpML
4 3 (3.85%) JSON
4 3 (3.85%) React
4 3 (3.85%) Spring Boot
4 3 (3.85%) XML
5 2 (2.56%) COM
5 2 (2.56%) Sass
6 1 (1.28%) Hibernate
6 1 (1.28%) J2SE
6 1 (1.28%) Java Concurrency
6 1 (1.28%) Java EE
6 1 (1.28%) JMS
6 1 (1.28%) JMX
6 1 (1.28%) Redux
6 1 (1.28%) Velocity
Miscellaneous
1 78 (100.00%) Derivative
2 49 (62.82%) Fixed Income
3 37 (47.44%) Hedge funds
4 13 (16.67%) Foreign Exchange (FX)
5 7 (8.97%) Equities
6 3 (3.85%) Interest Rate Derivative
7 2 (2.56%) Equity Derivative
8 1 (1.28%) Credit Risk
8 1 (1.28%) Virtual Team
Operating Systems
1 3 (3.85%) Unix
2 1 (1.28%) AIX
2 1 (1.28%) Linux
2 1 (1.28%) Solaris
Processes & Methodologies
1 50 (64.10%) Agile Software Development
2 40 (51.28%) Business Analysis
2 40 (51.28%) Scrum
3 38 (48.72%) Asset Management
4 37 (47.44%) Investment Management
5 36 (46.15%) Data Analysis
5 36 (46.15%) Performance Attribution
5 36 (46.15%) Risk Analysis
6 34 (43.59%) Fund Management
6 34 (43.59%) Migration
7 31 (39.74%) Analytics
8 17 (21.79%) Mentoring
9 11 (14.10%) Performance Management
10 9 (11.54%) ETL
11 7 (8.97%) Continuous Integration
11 7 (8.97%) ETL Development
11 7 (8.97%) Functional Testing
12 5 (6.41%) EAM
12 5 (6.41%) Requirements Gathering
12 5 (6.41%) Stakeholder Management
Programming Languages
1 43 (55.13%) SQL
2 37 (47.44%) Python
3 36 (46.15%) MATLAB
3 36 (46.15%) R
3 36 (46.15%) VBA
4 9 (11.54%) C#
5 8 (10.26%) Java
6 7 (8.97%) Java 8
7 5 (6.41%) JavaScript
8 4 (5.13%) PL/SQL
9 2 (2.56%) ES6
9 2 (2.56%) TypeScript
Qualifications
1 2 (2.56%) CFA
2 1 (1.28%) ISTQB
Quality Assurance & Compliance
1 3 (3.85%) MiFID
2 1 (1.28%) Data Quality
2 1 (1.28%) Dodd-Frank
2 1 (1.28%) EMIR
System Software
1 2 (2.56%) Docker
Systems Management
1 1 (1.28%) Control-M
Vendors
1 38 (48.72%) Bloomberg
1 38 (48.72%) Microsoft
2 16 (20.51%) Oracle
3 10 (12.82%) Informatica
4 6 (7.69%) Murex
5 2 (2.56%) Charles River
5 2 (2.56%) Reuters
6 1 (1.28%) Calypso
6 1 (1.28%) Google
6 1 (1.28%) HP
6 1 (1.28%) Sybase
6 1 (1.28%) Tableau