The table below looks at the statistics for Basel III skills in IT jobs advertised for the City of London region. Included is a guide to the average salaries offered in IT jobs that have cited Basel III over the 3 months to 1 May 2015 with a comparison to the same period in the previous 2 years.

Location
3 months to
1 May 2015
Same period 2014 Same period 2013
Basel III
Rank 304 329 304
Rank change year-on-year
+25 -25
Permanent jobs citing Basel III 4 9 23
As % of all permanent IT jobs located in the City of London 0.038% 0.072% 0.19%
As % of the Quality Assurance & Compliance category 0.34% 0.63% 2.02%
Number of salaries quoted 3 7 17
Average salary £92,500 £70,000 £75,000
Average salary % change year-on-year
+32.14% -6.66%
UK excluding London average salary £70,000 - £40,000
Basel III
London

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in permanent jobs advertised in the City of London region.

Quality Assurance & Compliance Category
City of London
Permanent IT job ads with a match in the
Quality Assurance & Compliance category
1178 1435 1136
As % of all permanent IT jobs located in the City of London 11.31% 11.47% 9.46%
Number of salaries quoted 997 1214 988
Average salary £52,500 £53,200 £55,000
Average salary % change year-on-year
-1.31% -3.27%
90% offered a salary of more than £32,500 £35,000 £37,000
10% offered a salary of more than £80,000 £85,000 £77,500
UK excluding London average salary £42,500 £40,000 £40,000
% change year-on-year
+6.25% -

Basel III
Jobs Demand Trend in the City of London

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

Basel III Jobs Demand Trend in the City of London

Basel III
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Basel III across the City of London region.

Basel III Salary Trend in the City of London

Basel III
Salary Histogram in the City of London

This chart provides a salary histogram for IT jobs citing Basel III across the City of London region over the 3 months to 1 May 2015.

Basel III Salary Histogram in the City of London

Basel III
Top 30 Related IT Skills in the City of London

For the 6 months to 1 May 2015, IT jobs across the City of London region citing Basel III 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 III.

1 10 (71.43%) Finance
2 8 (57.14%) Banking
3 7 (50.00%) Front Office
4 6 (42.86%) Data Modelling
5 5 (35.71%) Investment Banking
6 4 (28.57%) Degree
6 4 (28.57%) Java
6 4 (28.57%) SQL
6 4 (28.57%) Analytics
7 3 (21.43%) EMIR
7 3 (21.43%) Basel II
7 3 (21.43%) C++
7 3 (21.43%) Foreign Exchange (FX)
8 2 (14.29%) Solvency II
8 2 (14.29%) Agile Software Development
8 2 (14.29%) Problem Management
8 2 (14.29%) Credit Risk
8 2 (14.29%) Business Analysis
8 2 (14.29%) Supplier Management
8 2 (14.29%) MS Excel
8 2 (14.29%) Service Management
8 2 (14.29%) Service Delivery
8 2 (14.29%) Financial Institution
8 2 (14.29%) Business Objects
8 2 (14.29%) ITIL
8 2 (14.29%) Cash Management
8 2 (14.29%) FATCA
8 2 (14.29%) People Management
8 2 (14.29%) Dodd-Frank
8 2 (14.29%) SWIFT

Basel III
Top Related IT Skills in the City of London by Category

For the 6 months to 1 May 2015, IT jobs across the City of London region citing Basel III 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 III. Up to 20 skills are shown per category.

Application Platforms
1 1 (7.14%) SAS
Applications
1 2 (14.29%) MS Excel
Business Applications
1 1 (7.14%) Oracle Financials
1 1 (7.14%) Algo Collateral
Database & Business Intelligence
1 1 (7.14%) Relational Database
1 1 (7.14%) RDBMS
1 1 (7.14%) BusinessObjects
1 1 (7.14%) Essbase
Development Applications
1 1 (7.14%) Eclipse
General
1 10 (71.43%) Finance
2 8 (57.14%) Banking
3 7 (50.00%) Front Office
4 5 (35.71%) Investment Banking
5 2 (14.29%) Financial Institution
6 1 (7.14%) Retail
6 1 (7.14%) Hindi Language
Job Titles
1 4 (28.57%) Developer
2 3 (21.43%) Analyst
2 3 (21.43%) Quantitative Developer
2 3 (21.43%) C++ Quantitative Developer
3 2 (14.29%) Business Analyst
3 2 (14.29%) Applications Support
4 1 (7.14%) Data Steward
4 1 (7.14%) Project Manager
4 1 (7.14%) Technical Business Analyst
4 1 (7.14%) Report Analyst
4 1 (7.14%) Java Developer
4 1 (7.14%) Technical Analyst
Libraries, Frameworks & Software Standards
1 1 (7.14%) XML
1 1 (7.14%) XML Messaging
Miscellaneous
1 3 (21.43%) Foreign Exchange (FX)
2 2 (14.29%) Credit Risk
2 2 (14.29%) SWIFT
3 1 (7.14%) Data Structures
3 1 (7.14%) Algorithms
3 1 (7.14%) Management Information System
3 1 (7.14%) Derivative
3 1 (7.14%) Market Risk
3 1 (7.14%) Reference Data
Processes & Methodologies
1 6 (42.86%) Data Modelling
2 4 (28.57%) Analytics
3 2 (14.29%) Agile Software Development
3 2 (14.29%) Problem Management
3 2 (14.29%) Business Analysis
3 2 (14.29%) Supplier Management
3 2 (14.29%) Service Management
3 2 (14.29%) Service Delivery
3 2 (14.29%) ITIL
3 2 (14.29%) Cash Management
3 2 (14.29%) People Management
4 1 (7.14%) Mentoring
4 1 (7.14%) Coaching
4 1 (7.14%) Software Delivery
4 1 (7.14%) Risk Analytics
4 1 (7.14%) Waterfall
4 1 (7.14%) User Stories
4 1 (7.14%) SOA
4 1 (7.14%) Business Intelligence
4 1 (7.14%) GAP Analysis
Programming Languages
1 4 (28.57%) Java
1 4 (28.57%) SQL
2 3 (21.43%) C++
3 1 (7.14%) VB
3 1 (7.14%) VBA
Qualifications
1 4 (28.57%) Degree
Quality Assurance & Compliance
1 3 (21.43%) EMIR
1 3 (21.43%) Basel II
2 2 (14.29%) Solvency II
2 2 (14.29%) FATCA
2 2 (14.29%) Dodd-Frank
3 1 (7.14%) CRD IV
3 1 (7.14%) GAAP
3 1 (7.14%) MiFID
3 1 (7.14%) Data Quality
Vendors
1 2 (14.29%) Business Objects
2 1 (7.14%) SAP
2 1 (7.14%) Oracle
2 1 (7.14%) Microsoft
2 1 (7.14%) Murex
2 1 (7.14%) Calypso
2 1 (7.14%) SunGard
2 1 (7.14%) Hyperion
2 1 (7.14%) GoldenSource