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 31 March 2015 with a comparison to the same period in the previous 2 years.

Location
3 months to
31 Mar 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 302 312 302
Rank change year-on-year
+10 -10
Permanent jobs citing FATCA 8 6 18
As % of all permanent IT jobs located in the City of London 0.076% 0.052% 0.16%
As % of the Quality Assurance & Compliance category 0.69% 0.47% 1.65%
Number of salaries quoted 7 4 15
Average salary £87,500 £67,500 £60,000
Average salary % change year-on-year
+29.62% +12.50%
90% offered a salary of more than £85,000 £53,750 £46,000
10% offered a salary of more than £91,500 £77,750 £84,000
UK excluding London average salary £52,500 £44,500 £52,500
% change year-on-year
+17.97% -15.23%
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
1153 1289 1088
As % of all permanent IT jobs located in the City of London 10.89% 11.21% 9.70%
Number of salaries quoted 975 1097 950
Average salary £52,500 £55,000 £55,000
Average salary % change year-on-year
-4.54% -
90% offered a salary of more than £32,500 £35,000 £35,000
10% offered a salary of more than £82,500 £80,000 £80,000
UK excluding London average salary £42,500 £40,000 £40,000
% change year-on-year
+6.25% -

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
Top 30 Related IT Skills in the City of London

For the 6 months to 31 March 2015, 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 11 (68.75%) EMIR
2 10 (62.50%) Asset Management
3 9 (56.25%) Project Management
3 9 (56.25%) MiFID
3 9 (56.25%) Investment Management
4 8 (50.00%) AIFMD
4 8 (50.00%) Derivative
5 7 (43.75%) Finance
5 7 (43.75%) Dodd-Frank
6 6 (37.50%) UCITS
7 5 (31.25%) Banking
7 5 (31.25%) Investment Banking
8 3 (18.75%) Back Office
8 3 (18.75%) Agile Software Development
8 3 (18.75%) Stakeholder Management
9 2 (12.50%) MS Project
9 2 (12.50%) Data Modelling
9 2 (12.50%) PMP
9 2 (12.50%) Degree
9 2 (12.50%) Basel III
9 2 (12.50%) Solvency II
10 1 (6.25%) Data Governance
10 1 (6.25%) Test Strategy
10 1 (6.25%) Data Quality
10 1 (6.25%) Reference Data
10 1 (6.25%) Data Architecture
10 1 (6.25%) Mentoring
10 1 (6.25%) Coaching
10 1 (6.25%) Charles River
10 1 (6.25%) GAP Analysis

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

For the 6 months to 31 March 2015, 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 2 (12.50%) MS Project
General
1 7 (43.75%) Finance
2 5 (31.25%) Banking
2 5 (31.25%) Investment Banking
3 3 (18.75%) Back Office
4 1 (6.25%) Front Office
4 1 (6.25%) Marketing
Job Titles
1 13 (81.25%) Project Manager
2 5 (31.25%) Business Analyst
2 5 (31.25%) Analyst
3 3 (18.75%) Senior Manager
3 3 (18.75%) Senior Business Analyst
3 3 (18.75%) Senior Analyst
3 3 (18.75%) Senior Project Manager
3 3 (18.75%) Business Project Manager
3 3 (18.75%) Business Manager
3 3 (18.75%) Senior Business Manager
4 1 (6.25%) Data Steward
4 1 (6.25%) Project Analyst
Miscellaneous
1 8 (50.00%) Derivative
2 1 (6.25%) Reference Data
2 1 (6.25%) Management Information System
Processes & Methodologies
1 10 (62.50%) Asset Management
2 9 (56.25%) Project Management
2 9 (56.25%) Investment Management
3 3 (18.75%) Stakeholder Management
3 3 (18.75%) Agile Software Development
4 2 (12.50%) Data Modelling
5 1 (6.25%) Data Architecture
5 1 (6.25%) Data Governance
5 1 (6.25%) Test Strategy
5 1 (6.25%) Mentoring
5 1 (6.25%) Coaching
5 1 (6.25%) GAP Analysis
5 1 (6.25%) Data Management
5 1 (6.25%) Business Analysis
5 1 (6.25%) Fund Management
5 1 (6.25%) User Acceptance Testing
5 1 (6.25%) System Testing
Qualifications
1 2 (12.50%) PMP
1 2 (12.50%) Degree
Quality Assurance & Compliance
1 11 (68.75%) EMIR
2 9 (56.25%) MiFID
3 8 (50.00%) AIFMD
4 7 (43.75%) Dodd-Frank
5 6 (37.50%) UCITS
6 2 (12.50%) Basel III
6 2 (12.50%) Solvency II
7 1 (6.25%) Data Quality
7 1 (6.25%) QA
Vendors
1 1 (6.25%) Charles River
1 1 (6.25%) GoldenSource