The first table below looks at the prevalence of the term Market Risk 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 Market Risk over the 3 months to 23 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the City of London region.

Location
3 months to
23 May 2013
Same period 2012 Same period 2011
Market Risk
Rank 262 221 119
Rank change year-on-year
-41 -102
Permanent jobs citing Market Risk 58 111 270
As % of all permanent IT jobs located in the City of London 0.500% 0.850% 1.728%
As % of the Miscellaneous category 1.205% 2.155% 3.951%
Number of salaries quoted 53 95 249
Average salary £75,000 £75,000 £85,000
Average salary % change year-on-year
- -11.76%
90% offered a salary of more than £55,500 £60,000 £60,000
10% offered a salary of more than £100,000 £101,500 £105,000
UK excluding London average salary £55,000 £57,500 £57,500
% change year-on-year
-4.34% -
All of the Miscellaneous Category
City of London
Permanent IT job ads with a match in the
Miscellaneous category
4813 5150 6833
As % of all permanent IT jobs located in the City of London 41.49% 39.42% 43.74%
Number of salaries quoted 4146 4715 6198
Average salary £57,500 £57,500 £65,000
Average salary % change year-on-year
- -11.53%
90% offered a salary of more than £35,000 £35,000 £35,000
10% offered a salary of more than £85,000 £90,000 £82,500
UK excluding London average salary £39,000 £40,000 £37,500
% change year-on-year
-2.50% +6.66%
Market Risk
London

Market Risk
Jobs Demand Trend

This chart provides a 3-month moving total of permanent IT jobs citing Market Risk across the City of London region as a proportion of the total demand within the Miscellaneous category.

City of London Market Risk Jobs Demand Trend

Market Risk
Salary Trend

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

City of London Market Risk Salary Trend

Market Risk
Salary Histogram

This chart provides a salary histogram for IT jobs citing Market Risk across the City of London region over the 3 months to 23 May 2013.

City of London Market Risk Salary Histogram

Market Risk
Top 30 Related IT Skills

For the 6 months to 23 May 2013, IT jobs across the City of London region citing Market Risk 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 Market Risk.

1 91 (51.70%) Banking
2 79 (44.89%) Credit Risk
3 70 (39.77%) Investment Banking
4 67 (38.07%) Finance
5 64 (36.36%) Risk Management
6 60 (34.09%) Front Office
7 51 (28.98%) Java
8 43 (24.43%) C#
9 39 (22.16%) Derivative
10 31 (17.61%) C++
11 30 (17.05%) Degree
12 28 (15.91%) SQL
12 28 (15.91%) Project Management
13 26 (14.77%) Stress Testing
14 25 (14.20%) .NET
15 23 (13.07%) VBA
16 22 (12.50%) Fixed Income
17 21 (11.93%) SQL Server
18 19 (10.80%) Sybase
18 19 (10.80%) User Acceptance Testing
19 18 (10.23%) Business Analysis
19 18 (10.23%) Foreign Exchange (FX)
20 17 (9.659%) Workflow
21 16 (9.091%) Financial Institution
21 16 (9.091%) Equities
21 16 (9.091%) Windows
21 16 (9.091%) Mathematics
21 16 (9.091%) Continuous Integration
21 16 (9.091%) Computer Science
22 13 (7.386%) Data Modelling

Market Risk
Top Related IT Skills by Category

For the 6 months to 23 May 2013, IT jobs across the City of London region citing Market Risk 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 Market Risk. Up to 20 skills are shown per category.

Application Development
1 25 (14.20%) .NET
2 11 (6.250%) MDX
3 9 (5.114%) ASP.NET
4 8 (4.545%) WPF
5 7 (3.977%) Spring
6 5 (2.841%) Hibernate
7 2 (1.136%) STL
7 2 (1.136%) WinForms
7 2 (1.136%) WCF
7 2 (1.136%) .NET Framework
8 1 (0.568%) FIX Protocol
8 1 (0.568%) Apache Flex
8 1 (0.568%) LINQ
8 1 (0.568%) WF
8 1 (0.568%) jQuery
8 1 (0.568%) Boost C++ Libraries
8 1 (0.568%) ADO.NET Entity Framework
8 1 (0.568%) Web Services
8 1 (0.568%) XML
8 1 (0.568%) COM
Application Platforms
1 6 (3.409%) Oracle Coherence
2 4 (2.273%) Tomcat
3 1 (0.568%) TIBCO EMS
3 1 (0.568%) SharePoint
Applications
1 4 (2.273%) MS Excel
1 4 (2.273%) MS Office
2 3 (1.705%) MS Visio
3 1 (0.568%) MS PowerPoint
3 1 (0.568%) MS Project
Business Applications
1 1 (0.568%) Kondor+
1 1 (0.568%) ION MarketView
Communications & Networking
1 2 (1.136%) HTTP
2 1 (0.568%) TCP/IP
Database & Business Intelligence
1 21 (11.93%) SQL Server
2 9 (5.114%) SQL Server Analysis Services
3 7 (3.977%) SQL Server 2008
3 7 (3.977%) OLAP
3 7 (3.977%) Data Warehouse
4 6 (3.409%) DB2
5 5 (2.841%) SQL Server Reporting Services
6 4 (2.273%) QlikView
6 4 (2.273%) SQL Server 2005
7 3 (1.705%) Microsoft Analysis Services
7 3 (1.705%) SQL Server Integration Services
7 3 (1.705%) BusinessObjects
8 2 (1.136%) Spotfire
9 1 (0.568%) SQL Server 2012
9 1 (0.568%) InterSystems Cache
9 1 (0.568%) Oracle 11g
9 1 (0.568%) BusinessObjects Web Intelligence
9 1 (0.568%) Hadoop
9 1 (0.568%) MongoDB
9 1 (0.568%) Big Data
Development Applications
1 4 (2.273%) Jenkins
1 4 (2.273%) JUnit
1 4 (2.273%) Hudson
1 4 (2.273%) Atlassian Bamboo
1 4 (2.273%) Git (software)
1 4 (2.273%) Subversion
2 3 (1.705%) Team Foundation Server
3 2 (1.136%) Visual Studio
4 1 (0.568%) JIRA
4 1 (0.568%) ClearCase
General
1 91 (51.70%) Banking
2 70 (39.77%) Investment Banking
3 67 (38.07%) Finance
4 60 (34.09%) Front Office
5 16 (9.091%) Financial Institution
6 7 (3.977%) Legal
7 6 (3.409%) International Banking
8 2 (1.136%) Back Office
9 1 (0.568%) Private Banking
9 1 (0.568%) Corporate Banking
9 1 (0.568%) French Language
Job Titles
1 63 (35.80%) Analyst
2 47 (26.70%) Developer
3 43 (24.43%) Business Analyst
4 25 (14.20%) Risk Analyst
5 23 (13.07%) Market Risk Analyst
6 19 (10.80%) Java Developer
7 16 (9.091%) Project Manager
7 16 (9.091%) Report Analyst
7 16 (9.091%) Risk Manager
8 15 (8.523%) Market Analyst
8 15 (8.523%) Investment Banking Business Analyst
9 13 (7.386%) Market Risk Business Analyst
9 13 (7.386%) Team Leader
10 11 (6.250%) Java Team Leader
11 10 (5.682%) Architect
12 9 (5.114%) Credit Risk Project Manager
13 8 (4.545%) Lead Developer
13 8 (4.545%) Senior Developer
13 8 (4.545%) Senior Analyst
14 7 (3.977%) Banking Business Analyst
Miscellaneous
1 79 (44.89%) Credit Risk
2 39 (22.16%) Derivative
3 22 (12.50%) Fixed Income
4 18 (10.23%) Foreign Exchange (FX)
5 16 (9.091%) Equities
5 16 (9.091%) Mathematics
5 16 (9.091%) Computer Science
6 8 (4.545%) Credit Derivative
7 7 (3.977%) Physics
8 6 (3.409%) Interest Rate Derivative
9 5 (2.841%) Equity Derivative
9 5 (2.841%) Hedge funds
9 5 (2.841%) Grid Computing
9 5 (2.841%) Clustering
10 3 (1.705%) Management Information System
11 2 (1.136%) PMI
11 2 (1.136%) Statistics
12 1 (0.568%) Economics
12 1 (0.568%) Taxonomies
Operating Systems
1 16 (9.091%) Windows
2 11 (6.250%) Linux
3 6 (3.409%) Solaris
4 3 (1.705%) UNIX
4 3 (1.705%) Windows XP
5 2 (1.136%) Windows 7
Processes & Methodologies
1 64 (36.36%) Risk Management
2 28 (15.91%) Project Management
3 26 (14.77%) Stress Testing
4 19 (10.80%) User Acceptance Testing
5 18 (10.23%) Business Analysis
6 17 (9.659%) Workflow
7 16 (9.091%) Continuous Integration
8 13 (7.386%) Data Modelling
9 12 (6.818%) Project Planning
10 10 (5.682%) Change Management
10 10 (5.682%) Requirements Analysis
11 8 (4.545%) Multithreading
12 7 (3.977%) Data Analysis
13 6 (3.409%) Validation
13 6 (3.409%) Regression Testing
13 6 (3.409%) Agile Software Development
14 5 (2.841%) Stochastic Calculus
14 5 (2.841%) Greeks
14 5 (2.841%) RAD
14 5 (2.841%) Analytics
Programming Languages
1 51 (28.98%) Java
2 43 (24.43%) C#
3 31 (17.61%) C++
4 28 (15.91%) SQL
5 23 (13.07%) VBA
6 8 (4.545%) PowerShell
7 5 (2.841%) R
7 5 (2.841%) MATLAB
7 5 (2.841%) Perl
7 5 (2.841%) Python
8 3 (1.705%) Shell Script
9 1 (0.568%) PL/SQL
9 1 (0.568%) C
9 1 (0.568%) T-SQL
Qualifications
1 30 (17.05%) Degree
2 2 (1.136%) PMI Certification
2 2 (1.136%) CFA
3 1 (0.568%) ITIL Certification
Quality Assurance & Compliance
1 12 (6.818%) Basel III
2 9 (5.114%) QA
3 5 (2.841%) MiFID
4 2 (1.136%) COBIT
5 1 (0.568%) Data Quality
5 1 (0.568%) Basel II
Systems Management
1 6 (3.409%) HP Quality Center
Vendors
1 19 (10.80%) Sybase
2 11 (6.250%) Oracle
3 10 (5.682%) Microsoft
4 4 (2.273%) Business Objects
5 3 (1.705%) SAP
6 1 (0.568%) ION Trading
6 1 (0.568%) Actuate
6 1 (0.568%) CA
6 1 (0.568%) Murex
6 1 (0.568%) TIBCO
6 1 (0.568%) Bloomberg
City, London
Candidates must have strong knowledge of Credit Risk or Market Risk, and in-depth knowledge of Counterparty risk across a number of Asset classes including (two or more...
McGregor Boyall
Salary: £80K - £95K base
Posted: 17 May 2013
City, London
Opperating closely with Front Office stakeholders, Market Risk and Credit Risk Management Working within a global team, the main function of this position is to ensure that delivery...
Nicoll Curtin
Salary: £65000 - £120000 per annum + Exceptional Benefits
Posted: 20 May 2013
City, London
Front Office Business Analyst - Counterparty/Market OR Credit Risk/SQL - Investment Bank... Experience and understanding of derivative (linear and option) products and their market risks for at least...
McGregor Boyall
Salary: £75000 - £95000 per annum + Benefits
Posted: 22 May 2013
City of London
You should have 3+years hands on developing in server side Java - You should have significant experience using databases (SQL - pref Sybase) - Experience in distributed computing is desirable -...
Huxley Associates
Salary: £45000 - £55000 per annum + bonuses + benefits
Posted: 18 May 2013
City, London
Developer, Java, Sybase, Linux, Market Risk, Investment Bank. Leading investment bank are currently hiring an experienced VP level Java developer to join their market risk team technology team...
iKas International
Salary: £65000 - £90000 per annum + bonus + package
Posted: 17 May 2013
City of London
Skills Required: Derivatives asset class exposure VBA Excel Experience developing pricing applications in C# XML, XSLT, XSD and C++ Multithreaded Development Understanding of continuous integration / testing tools such...
Huxley Associates
Salary: £75000 - £110000 per annum
Posted: 15 May 2013
City, London
The function validates all market risk models including economic capital, behavioral, counterparty credit risk and liquidity models... - Extensive stakeholder engagement and stakeholder management - Challenge the methodology for how...
McGregor Boyall
Salary: £65k - £80k
Posted: 16 May 2013
City of London
Skills Required: Derivatives asset class exposure developing pricing applications in C# XML, XSLT, XSD and C++ Multithreaded Development Understanding of continuous integration / testing tools such as: Teamcity, Perforce...
Huxley Associates
Salary: £75000 - £110000 per annum
Posted: 15 May 2013
City, London
Key Skills: - In depth Java development experience using JDBC, JQuery, Spring, and Hibernate - Additional skills desired include FIX Protocol, Flex, actuate and WSDL but not essential This role...
McGregor Boyall
Salary: Up to 80k + bonus
Posted: 17 May 2013
City, London
My client, a leading based investment bank are looking for a strong Risk IT Project manager that has experience in either Market or Credit Risk as the project...
Aston Carter
Posted: 22 May 2013
City of London
PMO Manager (Risk) To be considered for this excellent and high profile Risk PMO Manager role I have attached some additional informationAs a Senior PMO Manager your main...
Real Staffing
Salary: £80000 - £110000 per annum + benefits
Posted: 15 May 2013
City of London
Market risk Senior Project Manager quant regulatory VP Banking London New exclusive opportunity for an experienced Senior Project Manager to run critical IT projects with regulatory significance within...
Huxley Associates
Posted: 17 May 2013
City of London
As the hybrid Project Manager/ Business Analyst, you will be working with the Exotics and Credit hybrids team on front office, IT Development focused FO/ Trading, market risk,...
Huxley Associates
Posted: 16 May 2013