The table below looks at the statistics for FATCA 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 FATCA over the 3 months to 24 October 2014 with a comparison to the same period in the previous 2 years.

Location
3 months to
24 Oct 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 309 312 327
Rank change year-on-year
+3 +15
Permanent jobs citing FATCA 5 22 5
As % of all permanent IT jobs located in the City of London 0.045% 0.18% 0.042%
As % of the Quality Assurance & Compliance category 0.48% 1.69% 0.40%
Number of salaries quoted 5 21 3
Average salary £55,000 £56,500 £85,000
Average salary % change year-on-year
-2.65% -33.52%
UK excluding London average salary £62,750 £55,000 -
% change year-on-year
+14.09% -
FATCA
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
1046 1301 1235
As % of all permanent IT jobs located in the City of London 9.41% 10.69% 10.30%
Number of salaries quoted 894 1160 1107
Average salary £55,000 £60,000 £55,000
Average salary % change year-on-year
-8.33% +9.09%
90% offered a salary of more than £34,000 £41,150 £35,000
10% offered a salary of more than £85,000 £80,000 £85,000
UK excluding London average salary £40,000 £40,500 £40,000
% change year-on-year
-1.23% +1.25%

FATCA
Jobs Demand Trend in the City of London

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

FATCA Jobs Demand Trend in the City of London

FATCA
Salary Trend in the City of London

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

FATCA Salary Trend in the City of London

FATCA
Salary Histogram in the City of London

This chart provides a salary histogram for IT jobs citing FATCA across the City of London region over the 3 months to 24 October 2014.

FATCA Salary Histogram in the City of London

FATCA
Top 20 Related IT Skills in the City of London

For the 6 months to 24 October 2014, IT jobs across the City of London region citing FATCA 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 FATCA.

1 6 (85.71%) Finance
2 5 (71.43%) Business Analysis
3 4 (57.14%) Legal
4 2 (28.57%) Banking
4 2 (28.57%) EMIR
5 1 (14.29%) Dodd-Frank
5 1 (14.29%) Analytical Skills
5 1 (14.29%) Asset Management
5 1 (14.29%) Investment Banking
5 1 (14.29%) Advertising
5 1 (14.29%) Investment Management
5 1 (14.29%) Time Management
5 1 (14.29%) Relational Database
5 1 (14.29%) Change Management
5 1 (14.29%) Back Office
5 1 (14.29%) MS Project
5 1 (14.29%) PRINCE2
5 1 (14.29%) MS Excel
5 1 (14.29%) Microsoft
5 1 (14.29%) Project Management

FATCA
Top Related IT Skills in the City of London by Category

For the 6 months to 24 October 2014, IT jobs across the City of London region citing FATCA 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 FATCA. Up to 20 skills are shown per category.

Applications
1 1 (14.29%) MS Project
1 1 (14.29%) MS Excel
Database & Business Intelligence
1 1 (14.29%) Relational Database
General
1 6 (85.71%) Finance
2 4 (57.14%) Legal
3 2 (28.57%) Banking
4 1 (14.29%) Investment Banking
4 1 (14.29%) Advertising
4 1 (14.29%) Back Office
Job Titles
1 6 (85.71%) Business Analyst
1 6 (85.71%) Analyst
2 4 (57.14%) Business Systems Analyst
2 4 (57.14%) Systems Analyst
3 1 (14.29%) Lead Business Analyst
3 1 (14.29%) Project Manager
Miscellaneous
1 1 (14.29%) Analytical Skills
Processes & Methodologies
1 5 (71.43%) Business Analysis
2 1 (14.29%) Investment Management
2 1 (14.29%) Time Management
2 1 (14.29%) PRINCE2
2 1 (14.29%) Project Management
2 1 (14.29%) Change Management
2 1 (14.29%) Asset Management
Quality Assurance & Compliance
1 2 (28.57%) EMIR
2 1 (14.29%) Dodd-Frank
Vendors
1 1 (14.29%) Microsoft