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

Location
3 months to
29 Aug 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 324 283 338
Rank change year-on-year
-41 +55
Permanent jobs citing FATCA 2 39 3
As % of all permanent IT jobs located in the City of London 0.017% 0.33% 0.023%
As % of the Quality Assurance & Compliance category 0.17% 3.33% 0.22%
Number of salaries quoted 1 36 1
Average salary £48,000 £75,000 £72,500
Average salary % change year-on-year
-36.00% +3.44%
UK excluding London average salary £51,500 £55,000 -
% change year-on-year
-6.36% -
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
1210 1171 1341
As % of all permanent IT jobs located in the City of London 10.19% 9.90% 10.42%
Number of salaries quoted 1011 1048 1213
Average salary £55,000 £57,500 £57,500
Average salary % change year-on-year
-4.34% -
90% offered a salary of more than £35,000 £40,000 £37,000
10% offered a salary of more than £77,500 £85,000 £92,500
UK excluding London average salary £40,000 £40,000 £41,000
% change year-on-year
- -2.43%

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
Top 30 Related IT Skills in the City of London

For the 6 months to 29 August 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%) Dodd-Frank
2 4 (57.14%) Banking
2 4 (57.14%) EMIR
3 3 (42.86%) Investment Banking
3 3 (42.86%) SQL
4 2 (28.57%) VB
4 2 (28.57%) Data Modelling
4 2 (28.57%) Finance
4 2 (28.57%) Data Quality
4 2 (28.57%) Metadata Management
4 2 (28.57%) Data Management
4 2 (28.57%) Data Analysis
4 2 (28.57%) Reference Data
5 1 (14.29%) Pega
5 1 (14.29%) Relational Database
5 1 (14.29%) AIFMD
5 1 (14.29%) Agile Software Development
5 1 (14.29%) Asset Management
5 1 (14.29%) Business Analysis
5 1 (14.29%) Project Planning
5 1 (14.29%) MiFID
5 1 (14.29%) Investment Management
5 1 (14.29%) Legal
5 1 (14.29%) Advertising
5 1 (14.29%) Stakeholder Management
5 1 (14.29%) Oracle Workflow
5 1 (14.29%) Equities
5 1 (14.29%) Process Management
5 1 (14.29%) Change Management
5 1 (14.29%) Front Office

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

For the 6 months to 29 August 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.

Application Platforms
1 1 (14.29%) Oracle Workflow
Applications
1 1 (14.29%) MS Project
1 1 (14.29%) MS Excel
Database & Business Intelligence
1 1 (14.29%) Relational Database
General
1 4 (57.14%) Banking
2 3 (42.86%) Investment Banking
3 2 (28.57%) Finance
4 1 (14.29%) Legal
4 1 (14.29%) Advertising
4 1 (14.29%) Front Office
Job Titles
1 6 (85.71%) Business Analyst
1 6 (85.71%) Analyst
2 2 (28.57%) Data Analyst
3 1 (14.29%) Lead Business Analyst
3 1 (14.29%) Project Manager
3 1 (14.29%) Senior Business Analyst
3 1 (14.29%) Senior Analyst
Miscellaneous
1 2 (28.57%) Reference Data
2 1 (14.29%) Equities
Processes & Methodologies
1 2 (28.57%) Data Modelling
1 2 (28.57%) Data Management
1 2 (28.57%) Data Analysis
1 2 (28.57%) Metadata Management
2 1 (14.29%) UML
2 1 (14.29%) Business Analysis
2 1 (14.29%) Project Planning
2 1 (14.29%) Investment Management
2 1 (14.29%) BPR
2 1 (14.29%) Project Management
2 1 (14.29%) Process Management
2 1 (14.29%) Change Management
2 1 (14.29%) Workflow
2 1 (14.29%) Stakeholder Management
2 1 (14.29%) Agile Software Development
2 1 (14.29%) Asset Management
Programming Languages
1 3 (42.86%) SQL
2 2 (28.57%) VB
Quality Assurance & Compliance
1 6 (85.71%) Dodd-Frank
2 4 (57.14%) EMIR
3 2 (28.57%) Data Quality
4 1 (14.29%) MiFID
4 1 (14.29%) AIFMD
Vendors
1 1 (14.29%) Oracle
1 1 (14.29%) Pega