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 11 February 2016 with a comparison to the same period in the previous 2 years.

Location
3 months to
11 Feb 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank - 307 318
Permanent jobs citing FATCA 0 11 3
As % of all permanent IT jobs located in the City of London - 0.11% 0.028%
As % of the Quality Assurance & Compliance category - 0.96% 0.25%
Number of salaries quoted 0 10 3
Average salary - £87,500 £55,000
Average salary % change year-on-year
- +59.09%
UK excluding London average salary £55,662 £52,500 £40,000
% change year-on-year
+6.02% +31.25%
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
868 1141 1214
As % of all permanent IT jobs located in the City of London 13.00% 10.99% 11.51%
Number of salaries quoted 727 993 1057
Average salary £55,000 £55,000 £55,000
90% offered a salary of more than £40,000 £35,000 £35,000
10% offered a salary of more than £85,000 £82,500 £82,500
UK excluding London average salary £44,000 £42,500 £42,500
% change year-on-year
+3.52% -

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 22 Related IT Skills in the City of London

For the 6 months to 11 February 2016, 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 3 (75.00%) Finance
1 3 (75.00%) Banking
1 3 (75.00%) MiFID
1 3 (75.00%) Dodd-Frank
2 2 (50.00%) Business Analysis
2 2 (50.00%) EMIR
3 1 (25.00%) Service Delivery
3 1 (25.00%) Change Management
3 1 (25.00%) Financial Institution
3 1 (25.00%) GAP Analysis
3 1 (25.00%) Sarbanes-Oxley
3 1 (25.00%) Basel II
3 1 (25.00%) Credit Risk
3 1 (25.00%) Stakeholder Engagement
3 1 (25.00%) Investment Banking
3 1 (25.00%) Derivative
3 1 (25.00%) Degree
3 1 (25.00%) AIFMD
3 1 (25.00%) Analytical Skills
3 1 (25.00%) SDLC
3 1 (25.00%) KYC
3 1 (25.00%) Anti-Money Laundering

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

For the 6 months to 11 February 2016, 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.

General
1 3 (75.00%) Banking
1 3 (75.00%) Finance
2 1 (25.00%) Financial Institution
2 1 (25.00%) Investment Banking
Job Titles
1 3 (75.00%) Business Analyst
2 2 (50.00%) Analyst
3 1 (25.00%) Banking Analyst
3 1 (25.00%) Investment Banking Business Analyst
3 1 (25.00%) Junior
3 1 (25.00%) Junior Business Analyst
3 1 (25.00%) Programme Manager
3 1 (25.00%) Senior Analyst
3 1 (25.00%) Senior Business Analyst
Miscellaneous
1 1 (25.00%) Analytical Skills
1 1 (25.00%) Credit Risk
1 1 (25.00%) Derivative
Processes & Methodologies
1 2 (50.00%) Business Analysis
2 1 (25.00%) Anti-Money Laundering
2 1 (25.00%) Change Management
2 1 (25.00%) GAP Analysis
2 1 (25.00%) KYC
2 1 (25.00%) SDLC
2 1 (25.00%) Service Delivery
2 1 (25.00%) Stakeholder Engagement
Qualifications
1 1 (25.00%) Degree
Quality Assurance & Compliance
1 3 (75.00%) Dodd-Frank
1 3 (75.00%) MiFID
2 2 (50.00%) EMIR
3 1 (25.00%) AIFMD
3 1 (25.00%) Basel II
3 1 (25.00%) Sarbanes-Oxley