The first table below looks at the demand for Basel II skills in IT jobs advertised for the Canary Wharf region. Included is a guide to the average salaries offered in IT jobs that have cited Basel II over the 3 months to 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the Canary Wharf region.

Location
3 months to
17 May 2013
Same period 2012 Same period 2011
Basel II
Rank 46 41 18
Rank change year-on-year
-5 -23
Permanent jobs citing Basel II 2 3 15
As % of all permanent IT jobs located in Canary Wharf 0.664% 0.904% 7.538%
As % of the Quality Assurance & Compliance category 6.250% 5.769% 53.57%
Number of salaries quoted 1 3 15
Average salary £47,500 £75,000 £65,000
Average salary % change year-on-year
-36.66% +15.38%
UK excluding London average salary £43,750 £55,000 £45,000
% change year-on-year
-20.45% +22.22%
All Quality Assurance & Compliance
Canary Wharf
Permanent IT job ads with a match in the
Quality Assurance & Compliance category
32 52 28
As % of all permanent IT jobs located in Canary Wharf 10.63% 15.66% 14.07%
Number of salaries quoted 25 34 26
Average salary £77,500 £71,500 £65,000
Average salary % change year-on-year
+8.39% +10.00%
90% offered a salary of more than £61,500 £62,400 £62,000
10% offered a salary of more than £100,000 £105,000 £95,000
UK excluding London average salary £40,000 £40,000 £41,000
% change year-on-year
- -2.43%
Basel II
London

Basel II
Jobs Demand Trend

This chart provides a 3-month moving total of permanent IT jobs citing Basel II across the Canary Wharf region as a proportion of the total demand within the Quality Assurance & Compliance category.

Canary Wharf Basel II Jobs Demand Trend

Basel II
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Basel II across the Canary Wharf region.

Canary Wharf Basel II Salary Trend

Basel II
Top 21 Related IT Skills

For the 6 months to 17 May 2013, IT jobs across the Canary Wharf region citing Basel II also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled that cited Basel II.

1 4 (100.00%) Credit Risk
2 3 (75.00%) Mathematics
2 3 (75.00%) Statistics
2 3 (75.00%) SAS
2 3 (75.00%) VBA
2 3 (75.00%) Finance
2 3 (75.00%) Validation
2 3 (75.00%) Banking
3 2 (50.00%) Retail
3 2 (50.00%) C++
3 2 (50.00%) SQL
3 2 (50.00%) MATLAB
3 2 (50.00%) PhD
3 2 (50.00%) Financial Institution
4 1 (25.00%) Degree
4 1 (25.00%) Stress Testing
4 1 (25.00%) Regression Analysis
4 1 (25.00%) Windows
4 1 (25.00%) Investment Banking
4 1 (25.00%) Economics
4 1 (25.00%) Econometrics

Basel II
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT jobs across the Canary Wharf region citing Basel II also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled that cited Basel II. Up to 20 skills are shown per category.

Application Platforms
1 3 (75.00%) SAS
General
1 3 (75.00%) Finance
1 3 (75.00%) Banking
2 2 (50.00%) Retail
2 2 (50.00%) Financial Institution
3 1 (25.00%) Investment Banking
Job Titles
1 4 (100.00%) Analyst
2 1 (25.00%) Support Analyst
2 1 (25.00%) Business Support Analyst
2 1 (25.00%) Business Analyst
Miscellaneous
1 4 (100.00%) Credit Risk
2 3 (75.00%) Statistics
2 3 (75.00%) Mathematics
3 1 (25.00%) Economics
Operating Systems
1 1 (25.00%) Windows
Processes & Methodologies
1 3 (75.00%) Validation
2 1 (25.00%) Econometrics
2 1 (25.00%) Stress Testing
2 1 (25.00%) Regression Analysis
Programming Languages
1 3 (75.00%) VBA
2 2 (50.00%) MATLAB
2 2 (50.00%) C++
2 2 (50.00%) SQL
Qualifications
1 2 (50.00%) PhD
2 1 (25.00%) Degree