The first table below looks at the demand 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 18 June 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 City of London region.

Location
3 months to
18 Jun 2013
Same period 2012 Same period 2011
Basel III
Rank 301 275 301
Rank change year-on-year
-26 +26
Permanent jobs citing Basel III 18 41 36
As % of all permanent IT jobs located in the City of London 0.148% 0.312% 0.227%
As % of the Quality Assurance & Compliance category 1.716% 3.677% 2.941%
Number of salaries quoted 14 35 34
Average salary £77,250 £70,000 £63,750
Average salary % change year-on-year
+10.35% +9.80%
90% offered a salary of more than £63,000 £62,000 £55,000
10% offered a salary of more than £101,250 £113,000 £102,500
UK excluding London average salary £47,500 £100,000 £45,000
% change year-on-year
-52.50% +122.22%
All Quality Assurance & Compliance
City of London
Permanent IT job ads with a match in the
Quality Assurance & Compliance category
1049 1115 1224
As % of all permanent IT jobs located in the City of London 8.626% 8.489% 7.733%
Number of salaries quoted 915 1035 1133
Average salary £55,000 £55,000 £55,000
90% offered a salary of more than £37,500 £35,000 £34,000
10% offered a salary of more than £80,000 £85,000 £80,000
UK excluding London average salary £40,000 £41,000 £40,500
% change year-on-year
-2.43% +1.23%
Basel III
London

Basel III
Jobs Demand Trend

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.

City of London Basel III Jobs Demand Trend

Basel III
Salary Trend

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

City of London Basel III Salary Trend

Basel III
Salary Histogram

This chart provides a salary histogram for IT jobs citing Basel III across the City of London region over the 3 months to 18 June 2013.

City of London Basel III Salary Histogram

Basel III
Top 30 Related IT Skills

For the 6 months to 18 June 2013, 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 34 (60.71%) Banking
2 33 (58.93%) Credit Risk
3 31 (55.36%) Investment Banking
4 23 (41.07%) Project Management
5 21 (37.50%) Finance
6 19 (33.93%) Derivative
7 16 (28.57%) Risk Management
8 15 (26.79%) Front Office
9 14 (25.00%) Market Risk
10 13 (23.21%) Foreign Exchange (FX)
11 12 (21.43%) Fixed Income
11 12 (21.43%) Programme Management
12 11 (19.64%) Project Planning
12 11 (19.64%) Equities
12 11 (19.64%) C#
13 10 (17.86%) Degree
14 9 (16.07%) Stress Testing
15 8 (14.29%) VBA
16 7 (12.50%) SQL
16 7 (12.50%) Basel II
16 7 (12.50%) Validation
17 6 (10.71%) Legal
17 6 (10.71%) Java
17 6 (10.71%) SQL Server
18 5 (8.929%) Mathematics
18 5 (8.929%) Multithreading
18 5 (8.929%) Stochastic Calculus
18 5 (8.929%) MiFID
18 5 (8.929%) R
18 5 (8.929%) C++

Basel III
Top Related IT Skills by Category

For the 6 months to 18 June 2013, 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 Development
1 1 (1.786%) .NET
1 1 (1.786%) Web Services
1 1 (1.786%) XML
1 1 (1.786%) FpML
1 1 (1.786%) .NET Framework
1 1 (1.786%) LINQ
Application Platforms
1 1 (1.786%) TIBCO EMS
Applications
1 2 (3.571%) MS Excel
Business Applications
1 1 (1.786%) Oracle Financials
1 1 (1.786%) PeopleSoft Financials
1 1 (1.786%) SAP FI
1 1 (1.786%) SAP FI/CO
1 1 (1.786%) SAP CO
Communications & Networking
1 2 (3.571%) HTTP
Database & Business Intelligence
1 6 (10.71%) SQL Server
2 4 (7.143%) SQL Server 2008
3 3 (5.357%) Data Warehouse
4 2 (3.571%) SQL Server Integration Services
4 2 (3.571%) MS Access
4 2 (3.571%) SQL Server Analysis Services
5 1 (1.786%) Oracle 11g
5 1 (1.786%) Oracle 10g
5 1 (1.786%) SQL Server Reporting Services
5 1 (1.786%) Oracle Reports
Development Applications
1 1 (1.786%) Eclipse
1 1 (1.786%) Maven
General
1 34 (60.71%) Banking
2 31 (55.36%) Investment Banking
3 21 (37.50%) Finance
4 15 (26.79%) Front Office
5 6 (10.71%) Legal
6 2 (3.571%) Retail
6 2 (3.571%) Marketing
7 1 (1.786%) General Ledger
Job Titles
1 23 (41.07%) Project Manager
2 16 (28.57%) Analyst
2 16 (28.57%) Risk Manager
3 15 (26.79%) Business Analyst
4 7 (12.50%) Programme Manager
4 7 (12.50%) Developer
5 6 (10.71%) Banking Business Analyst
6 5 (8.929%) Risk Analyst
6 5 (8.929%) Risk Consultant
6 5 (8.929%) Consultant
7 4 (7.143%) Front Office Developer
7 4 (7.143%) Market Risk Analyst
7 4 (7.143%) C# Developer
7 4 (7.143%) Market Risk Business Analyst
7 4 (7.143%) Investment Banking Business Analyst
7 4 (7.143%) Market Analyst
8 3 (5.357%) Credit Risk Project Manager
8 3 (5.357%) Business Project Manager
8 3 (5.357%) Business Manager
9 2 (3.571%) Senior Solutions Architect
Miscellaneous
1 33 (58.93%) Credit Risk
2 19 (33.93%) Derivative
3 14 (25.00%) Market Risk
4 13 (23.21%) Foreign Exchange (FX)
5 12 (21.43%) Fixed Income
6 11 (19.64%) Equities
7 5 (8.929%) Mathematics
8 2 (3.571%) Equity Derivative
9 1 (1.786%) Credit Derivative
Processes & Methodologies
1 23 (41.07%) Project Management
2 16 (28.57%) Risk Management
3 12 (21.43%) Programme Management
4 11 (19.64%) Project Planning
5 9 (16.07%) Stress Testing
6 7 (12.50%) Validation
7 5 (8.929%) Multithreading
7 5 (8.929%) Stochastic Calculus
8 3 (5.357%) Asset Management
8 3 (5.357%) Business Analysis
8 3 (5.357%) Risk Analytics
8 3 (5.357%) Analytics
8 3 (5.357%) OO
9 2 (3.571%) CRM
9 2 (3.571%) Change Management
9 2 (3.571%) TDD
9 2 (3.571%) Business Intelligence
9 2 (3.571%) Stakeholder Management
9 2 (3.571%) Business Transformation
9 2 (3.571%) Greeks
Programming Languages
1 11 (19.64%) C#
2 8 (14.29%) VBA
3 7 (12.50%) SQL
4 6 (10.71%) Java
5 5 (8.929%) C++
5 5 (8.929%) MATLAB
5 5 (8.929%) R
6 1 (1.786%) PL/SQL
Qualifications
1 10 (17.86%) Degree
2 1 (1.786%) ACCA
2 1 (1.786%) CIMA
Quality Assurance & Compliance
1 7 (12.50%) Basel II
2 5 (8.929%) MiFID
3 1 (1.786%) Solvency II
Vendors
1 3 (5.357%) Business Objects
2 2 (3.571%) Oracle
2 2 (3.571%) Microsoft
3 1 (1.786%) CA
3 1 (1.786%) CODA
3 1 (1.786%) JD Edwards
3 1 (1.786%) TIBCO
3 1 (1.786%) Sophis
3 1 (1.786%) DataSynapse
3 1 (1.786%) PeopleSoft
3 1 (1.786%) SAP
City of London
To be considered for this excellent and high profile Credit Risk PM role role I have attached some additional informationAs a Senior Credit Risk Project Manager your main...
Real Staffing
Salary: £75000 - £95000 per annum + Bonus & Benefits
Posted: 3 June 2013
City, London
Global Investment Bank is seeking a highly skilled Programme Manager to run multiple streams of delivery within the Basel 3 and Counterparty Risk Transformation programmes across the Banks...
Client Server
Salary: £100k to £150k + bonus + benefits
Posted: 12 June 2013
City, London
Currently they are looking for a senior PMO to work across their Liquidity / Funding programme on a series of high profile Regulatory driven projects (Basel III etc), dealing...
Aston Carter
Salary: £65000 - £85000 per annum + Package
Posted: 17 June 2013