Period
to 21 July 2017

The table below looks at the prevalence of the term Swaptions in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Swaptions over the 6 months to 21 July 2017 with a comparison to the same period over the previous 2 years.

Swaptions
UK
6 months to
21 Jul 2017
Same period 2016 Same period 2015
Rank 1174 1252 1304
Rank change year-on-year +78 +52 +10
Permanent jobs citing Swaptions 18 29 14
As % of all permanent IT jobs advertised in the UK 0.010% 0.014% 0.006%
As % of the Miscellaneous category 0.024% 0.034% 0.015%
Number of salaries quoted 17 25 5
UK median annual salary £120,000 £65,000 £82,500
Median salary % change year-on-year +84.62% -21.21% +50.00%
UK excluding London median annual 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 with a requirement for generic IT skills.

Generic IT Skills
UK
Permanent job vacancies with a requirement for generic IT skills 75159 85158 90805
As % of all permanent IT job vacancies advertised in the UK 42.12% 42.01% 40.96%
Number of salaries quoted 58387 69206 72172
UK median annual salary £50,000 £50,000 £47,500
Median salary % change year-on-year - +5.26% +5.56%
10th Percentile £27,500 £27,250 £26,250
90th Percentile £81,250 £80,000 £77,500
UK excluding London median annual salary £42,500 £42,500 £40,000
% change year-on-year - +6.25% -

Swaptions
Job Vacancy Trend

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

Job vacancy trend for Swaptions in the UK

Swaptions
Salary Trend

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

Salary trend for Swaptions in the UK

Swaptions
Salary Histogram

The salary distribution of IT jobs citing Swaptions over the 6 months to 21 July 2017.

Salary histogram for Swaptions in the UK

Swaptions
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Swaptions within the UK over the 6 months to 21 July 2017. 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 +70 18 £120,000 +92.00%
London +52 18 £120,000 +92.00%

For the 6 months to 21 July 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 with a requirement for Swaptions.

1 13 (72.22%) Front Office
2 12 (66.67%) C#
2 12 (66.67%) C++
3 9 (50.00%) Python
3 9 (50.00%) PhD
4 8 (44.44%) Banking
4 8 (44.44%) Investment Banking
4 8 (44.44%) Risk Management
4 8 (44.44%) Microsoft Excel
5 7 (38.89%) Derivative
6 6 (33.33%) Foreign Exchange (FX)
6 6 (33.33%) Finance
7 5 (27.78%) Advertising
7 5 (27.78%) Back Office
7 5 (27.78%) VBA
7 5 (27.78%) Statistics
7 5 (27.78%) Monte Carlo Method
7 5 (27.78%) Greeks
7 5 (27.78%) Stochastic Calculus
8 4 (22.22%) SQL
9 3 (16.67%) SQL Server
9 3 (16.67%) Reuters
9 3 (16.67%) Bloomberg
9 3 (16.67%) Analytics
10 1 (5.56%) Investment Management
10 1 (5.56%) Portfolio Management
10 1 (5.56%) Mathematics
10 1 (5.56%) Physics
10 1 (5.56%) Computer Science
10 1 (5.56%) OTC Derivatives

Swaptions
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 8 (44.44%) Microsoft Excel
Database & Business Intelligence
1 3 (16.67%) SQL Server
General
1 13 (72.22%) Front Office
2 8 (44.44%) Banking
2 8 (44.44%) Investment Banking
3 6 (33.33%) Finance
4 5 (27.78%) Advertising
4 5 (27.78%) Back Office
5 1 (5.56%) Financial Institution
Job Titles
1 10 (55.56%) Analyst
2 9 (50.00%) Qualitative Analyst
2 9 (50.00%) Quantitative Analyst
3 8 (44.44%) Credit Analyst
4 4 (22.22%) Developer
4 4 (22.22%) Quantitative Developer
5 3 (16.67%) Junior
6 1 (5.56%) Asset Management Analyst
6 1 (5.56%) Asset Management Business Analyst
6 1 (5.56%) Business Analyst
6 1 (5.56%) Business Change Business Analyst
6 1 (5.56%) C# Developer
6 1 (5.56%) C# Quant Developer
6 1 (5.56%) C++ Developer
6 1 (5.56%) Change Management Business Analyst
6 1 (5.56%) Junior Developer
6 1 (5.56%) Junior Quantitative Developer
6 1 (5.56%) Product Analyst
6 1 (5.56%) Senior Developer
6 1 (5.56%) Senior Quantitative Developer
Miscellaneous
1 7 (38.89%) Derivative
2 6 (33.33%) Foreign Exchange (FX)
3 1 (5.56%) Computer Science
3 1 (5.56%) Fixed Income
3 1 (5.56%) OTC Derivatives
Processes & Methodologies
1 8 (44.44%) Risk Management
2 5 (27.78%) Greeks
2 5 (27.78%) Monte Carlo Method
2 5 (27.78%) Statistics
2 5 (27.78%) Stochastic Calculus
3 3 (16.67%) Analytics
4 1 (5.56%) Asset Management
4 1 (5.56%) Business Analysis
4 1 (5.56%) Change Management
4 1 (5.56%) Investment Management
4 1 (5.56%) Mathematics
4 1 (5.56%) Physics
4 1 (5.56%) PnL Attribution
4 1 (5.56%) Portfolio Management
4 1 (5.56%) Stakeholder Management
Programming Languages
1 12 (66.67%) C#
1 12 (66.67%) C++
2 9 (50.00%) Python
3 5 (27.78%) VBA
4 4 (22.22%) SQL
Qualifications
1 9 (50.00%) PhD
Vendors
1 3 (16.67%) Bloomberg
1 3 (16.67%) Reuters