The table below looks at the statistics for MiFID 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 MiFID over the 3 months to 10 February 2016 with a comparison to the same period in the previous 2 years.

Location
3 months to
10 Feb 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank 232 303 312
Rank change year-on-year
+71 +9
Permanent jobs citing MiFID 33 15 9
As % of all permanent IT jobs located in the City of London 0.49% 0.14% 0.085%
As % of the Quality Assurance & Compliance category 3.80% 1.31% 0.74%
Number of salaries quoted 32 14 9
Average salary £57,500 £81,250 £80,000
Average salary % change year-on-year
-29.23% +1.56%
90% offered a salary of more than £52,500 £50,000 £54,000
10% offered a salary of more than £129,500 £87,500 £82,000
UK excluding London average salary £65,000 £60,000 £50,000
% change year-on-year
+8.33% +20.00%
MiFID
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% -

MiFID
Jobs Demand Trend in the City of London

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

MiFID Jobs Demand Trend in the City of London

MiFID
Salary Trend in the City of London

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

MiFID Salary Trend in the City of London

MiFID
Salary Histogram in the City of London

This chart provides a salary histogram for IT jobs citing MiFID across the City of London region over the 3 months to 10 February 2016.

MiFID Salary Histogram in the City of London

MiFID
Top 30 Related IT Skills in the City of London

For the 6 months to 10 February 2016, IT jobs across the City of London region citing MiFID 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 MiFID.

1 62 (84.93%) Banking
2 55 (75.34%) Finance
3 44 (60.27%) EMIR
4 40 (54.79%) Dodd-Frank
5 39 (53.42%) Investment Banking
6 29 (39.73%) Project Management
7 28 (38.36%) Back Office
8 24 (32.88%) Derivative
9 23 (31.51%) Front Office
10 21 (28.77%) Migration
11 20 (27.40%) Foreign Exchange (FX)
11 20 (27.40%) Data Analysis
12 17 (23.29%) SQL
13 16 (21.92%) Business Analysis
13 16 (21.92%) Market Risk
14 15 (20.55%) Reference Data
14 15 (20.55%) Agile Software Development
14 15 (20.55%) Microsoft
15 14 (19.18%) Financial Institution
15 14 (19.18%) SDLC
16 13 (17.81%) Waterfall
16 13 (17.81%) Change Control
16 13 (17.81%) User Stories
16 13 (17.81%) Scrum
16 13 (17.81%) Data Migration
17 11 (15.07%) Retail
18 10 (13.70%) User Acceptance Testing
18 10 (13.70%) MS Project
18 10 (13.70%) Analytics
19 9 (12.33%) Anti-Money Laundering

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

For the 6 months to 10 February 2016, IT jobs across the City of London region citing MiFID 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 MiFID. Up to 20 skills are shown per category.

Application Platforms
1 7 (9.59%) SAS
Applications
1 10 (13.70%) MS Project
2 7 (9.59%) SPSS
3 2 (2.74%) MS Excel
Business Applications
1 3 (4.11%) Algo Collateral
2 1 (1.37%) Summit
Cloud Services
1 1 (1.37%) GitHub
Database & Business Intelligence
1 7 (9.59%) QlikView
1 7 (9.59%) Spotfire
2 3 (4.11%) Data Warehouse
3 1 (1.37%) OLTP
3 1 (1.37%) SQL Server
3 1 (1.37%) SQL Server Reporting Services
General
1 62 (84.93%) Banking
2 55 (75.34%) Finance
3 39 (53.42%) Investment Banking
4 28 (38.36%) Back Office
5 23 (31.51%) Front Office
6 14 (19.18%) Financial Institution
7 11 (15.07%) Retail
8 8 (10.96%) Retail Banking
9 2 (2.74%) Advertising
9 2 (2.74%) Legal
9 2 (2.74%) Marketing
10 1 (1.37%) Corporate Banking
Job Titles
1 40 (54.79%) Analyst
2 33 (45.21%) Business Analyst
3 13 (17.81%) Project Manager
3 13 (17.81%) Regulatory Business Analyst
4 12 (16.44%) Banking Analyst
5 11 (15.07%) MiFID Business Analyst
6 8 (10.96%) Banking Business Analyst
6 8 (10.96%) Business Manager
6 8 (10.96%) Solutions Analyst
7 7 (9.59%) Compliance Analyst
7 7 (9.59%) Financial Analyst
7 7 (9.59%) Service Analyst
8 6 (8.22%) Business Project Manager
8 6 (8.22%) Project Analyst
9 5 (6.85%) Business IT Analyst
9 5 (6.85%) Business Systems Analyst
9 5 (6.85%) Compliance Business Analyst
9 5 (6.85%) IT Business Analyst
9 5 (6.85%) Risk Analyst
9 5 (6.85%) Software Analyst
Libraries, Frameworks & Software Standards
1 8 (10.96%) .NET
1 8 (10.96%) ASP.NET
Miscellaneous
1 24 (32.88%) Derivative
2 20 (27.40%) Foreign Exchange (FX)
3 16 (21.92%) Market Risk
4 15 (20.55%) Reference Data
5 8 (10.96%) Equities
6 7 (9.59%) Visualisation
7 5 (6.85%) Fixed Income
8 4 (5.48%) Credit Risk
9 2 (2.74%) Analytical Skills
9 2 (2.74%) Equity Derivative
9 2 (2.74%) Mobile Banking
10 1 (1.37%) Credit Derivative
Operating Systems
1 8 (10.96%) Windows
1 8 (10.96%) Windows Server
Processes & Methodologies
1 29 (39.73%) Project Management
2 21 (28.77%) Migration
3 20 (27.40%) Data Analysis
4 16 (21.92%) Business Analysis
5 15 (20.55%) Agile Software Development
6 14 (19.18%) SDLC
7 13 (17.81%) Change Control
7 13 (17.81%) Data Migration
7 13 (17.81%) Scrum
7 13 (17.81%) User Stories
7 13 (17.81%) Waterfall
8 10 (13.70%) Analytics
8 10 (13.70%) User Acceptance Testing
9 9 (12.33%) Anti-Money Laundering
9 9 (12.33%) Stakeholder Management
10 8 (10.96%) UML
10 8 (10.96%) Use Case
11 7 (9.59%) Business Development
11 7 (9.59%) Data Cleansing
11 7 (9.59%) Risk Management
Programming Languages
1 17 (23.29%) SQL
2 7 (9.59%) C
3 5 (6.85%) R
4 2 (2.74%) Java
5 1 (1.37%) Bash Shell
5 1 (1.37%) C#
5 1 (1.37%) C++
5 1 (1.37%) PowerShell
5 1 (1.37%) Python
5 1 (1.37%) Shell Script
Qualifications
1 4 (5.48%) Degree
Quality Assurance & Compliance
1 44 (60.27%) EMIR
2 40 (54.79%) Dodd-Frank
3 8 (10.96%) Solvency II
4 7 (9.59%) Basel II
4 7 (9.59%) Basel III
4 7 (9.59%) CRD IV
5 6 (8.22%) Data Quality
6 3 (4.11%) AIFMD
6 3 (4.11%) FATCA
7 2 (2.74%) Sarbanes-Oxley
8 1 (1.37%) COREP
8 1 (1.37%) FINREP
8 1 (1.37%) QA
Systems Management
1 8 (10.96%) HP Quality Center
Vendors
1 15 (20.55%) Microsoft
2 8 (10.96%) HP
3 7 (9.59%) Tableau
4 5 (6.85%) Bloomberg
4 5 (6.85%) Murex
5 4 (5.48%) Calypso
6 3 (4.11%) Charles River
6 3 (4.11%) SunGard
City, London
TEKsystems
Salary: £55000 - £110000 per annum + bonu+benefit package
Posted: 4 days ago
City, London
Aston Carter
Salary: £50000 - £75000 per annum
Posted: 5 days ago
City, London
Aston Carter
Salary: £35000 - £55000 per annum + Benefits + Bonus
Posted: 5 days ago
City of London
iKas International
Salary: £30000 - £50000 per annum + Benefits
Posted: 17 days ago
City of London
Hays London City Cheapside
Salary: £55000.00 - £75000.00 per annum + bonus and benefits
Posted: 20 days ago
City of London
Real Staffing
Salary: £50000 - £115000 per annum + competitive benefits package
Posted: 27 days ago