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 22 August 2014 with a comparison to the same period in the previous 2 years.

Location
3 months to
22 Aug 2014
Same period 2013 Same period 2012
Basel III
Rank 318 296 265
Rank change year-on-year
-22 -31
Permanent jobs citing Basel III 8 24 70
As % of all permanent IT jobs located in the City of London 0.066% 0.20% 0.54%
As % of the Quality Assurance & Compliance category 0.65% 2.03% 5.29%
Number of salaries quoted 6 20 66
Average salary £76,250 £85,000 £75,000
Average salary % change year-on-year
-10.29% +13.33%
90% offered a salary of more than £60,000 £64,500 £50,000
10% offered a salary of more than £121,250 £105,000 £120,000
UK excluding London average salary £55,000 - £130,000
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
1237 1182 1323
As % of all permanent IT jobs located in the City of London 10.27% 9.75% 10.29%
Number of salaries quoted 1036 1055 1204
Average salary £52,500 £57,500 £57,000
Average salary % change year-on-year
-8.69% +0.87%
90% offered a salary of more than £35,000 £38,500 £37,000
10% offered a salary of more than £77,500 £85,000 £92,500
UK excluding London average salary £40,000 £40,000 £41,500
% change year-on-year
- -3.61%

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 22 August 2014.

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 22 August 2014, 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 13 (72.22%) Finance
2 11 (61.11%) Banking
3 10 (55.56%) Credit Risk
4 8 (44.44%) Market Risk
4 8 (44.44%) Stress Testing
5 6 (33.33%) CRD IV
6 5 (27.78%) Microsoft
6 5 (27.78%) SQL
6 5 (27.78%) Degree
7 4 (22.22%) Investment Banking
7 4 (22.22%) .NET
7 4 (22.22%) C#
7 4 (22.22%) COREP
7 4 (22.22%) WPF
7 4 (22.22%) Risk Management
8 3 (16.67%) WCF
8 3 (16.67%) Mathematics
8 3 (16.67%) Applied Mathematics
8 3 (16.67%) French Language
8 3 (16.67%) FINREP
8 3 (16.67%) Stochastic Modelling
8 3 (16.67%) Foreign Exchange (FX)
8 3 (16.67%) PhD
8 3 (16.67%) Data Warehouse
8 3 (16.67%) XML
8 3 (16.67%) XSD
8 3 (16.67%) XSLT
8 3 (16.67%) Legal
8 3 (16.67%) Validation
8 3 (16.67%) Migration

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

For the 6 months to 22 August 2014, 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 (5.56%) SAS
Applications
1 2 (11.11%) MS Office
1 2 (11.11%) MS Excel
2 1 (5.56%) MS Project
2 1 (5.56%) MS PowerPoint
Database & Business Intelligence
1 3 (16.67%) Data Warehouse
2 2 (11.11%) SQL Server
3 1 (5.56%) SQL Server 2005
3 1 (5.56%) SQL Server Integration Services
3 1 (5.56%) SQL Server 2008
Development Applications
1 1 (5.56%) MSTest
General
1 13 (72.22%) Finance
2 11 (61.11%) Banking
3 4 (22.22%) Investment Banking
4 3 (16.67%) French Language
4 3 (16.67%) Legal
4 3 (16.67%) Financial Institution
5 2 (11.11%) Retail Banking
5 2 (11.11%) Retail
Job Titles
1 7 (38.89%) Analyst
2 4 (22.22%) C# Developer
2 4 (22.22%) Developer
2 4 (22.22%) Business Analyst
3 3 (16.67%) Project Manager
3 3 (16.67%) Market Risk Analyst
3 3 (16.67%) Quantitative Analyst
4 2 (11.11%) Programme Manager
5 1 (5.56%) Architect
5 1 (5.56%) Solutions Architect
5 1 (5.56%) Senior Manager
5 1 (5.56%) Report Analyst
5 1 (5.56%) Data Analyst
5 1 (5.56%) .NET Developer
5 1 (5.56%) IT Programme Manager
5 1 (5.56%) Business Project Manager
5 1 (5.56%) IT Project Manager
5 1 (5.56%) Business Manager
5 1 (5.56%) Investment Banking Business Analyst
5 1 (5.56%) Head of Development
Libraries, Frameworks & Software Standards
1 4 (22.22%) .NET
1 4 (22.22%) WPF
2 3 (16.67%) WCF
2 3 (16.67%) XML
2 3 (16.67%) XSD
2 3 (16.67%) XSLT
3 1 (5.56%) XBRL
3 1 (5.56%) .NET Framework
3 1 (5.56%) ADO.NET Entity Framework
Miscellaneous
1 10 (55.56%) Credit Risk
2 8 (44.44%) Market Risk
3 3 (16.67%) Mathematics
3 3 (16.67%) Applied Mathematics
3 3 (16.67%) Foreign Exchange (FX)
3 3 (16.67%) Economics
3 3 (16.67%) Credit Derivative
3 3 (16.67%) Derivative
3 3 (16.67%) Statistics
4 1 (5.56%) Enterprise Software
Processes & Methodologies
1 8 (44.44%) Stress Testing
2 4 (22.22%) Risk Management
3 3 (16.67%) Stochastic Modelling
3 3 (16.67%) Validation
3 3 (16.67%) Migration
4 2 (11.11%) Programme Management
4 2 (11.11%) Stakeholder Management
5 1 (5.56%) Service Management
5 1 (5.56%) Project Management
5 1 (5.56%) Business Intelligence
5 1 (5.56%) PRINCE2
5 1 (5.56%) Scrum
5 1 (5.56%) Change Management
5 1 (5.56%) MVC
5 1 (5.56%) Agile Software Development
5 1 (5.56%) TDD
5 1 (5.56%) Data Management
5 1 (5.56%) Business Analysis
5 1 (5.56%) Enterprise Architecture
5 1 (5.56%) Risk Analytics
Programming Languages
1 5 (27.78%) SQL
2 4 (22.22%) C#
3 1 (5.56%) C++
3 1 (5.56%) Java
Qualifications
1 5 (27.78%) Degree
2 3 (16.67%) PhD
3 1 (5.56%) PRINCE2 Certification
3 1 (5.56%) PMP
3 1 (5.56%) PMI Certification
Quality Assurance & Compliance
1 6 (33.33%) CRD IV
2 4 (22.22%) COREP
3 3 (16.67%) FINREP
3 3 (16.67%) IAS 39
4 2 (11.11%) Basel II
5 1 (5.56%) Dodd-Frank
5 1 (5.56%) QA
5 1 (5.56%) Solvency II
Systems Management
1 1 (5.56%) HP Quality Center
Vendors
1 5 (27.78%) Microsoft
2 2 (11.11%) HP
3 1 (5.56%) Dell
3 1 (5.56%) Misys