Fixed Income
UK

The table below looks at the prevalence of the term Fixed Income in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Fixed Income over the 6 months to 27 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 378 437 518
Rank change year-on-year +59 +81 -107
Permanent jobs citing Fixed Income 672 724 1,026
As % of all permanent jobs advertised in the UK 0.69% 0.69% 0.67%
As % of the Miscellaneous category 1.93% 1.61% 1.41%
Number of salaries quoted 623 671 973
10th Percentile £77,500 £68,750 £71,250
25th Percentile £87,500 £85,000 £85,000
Median annual salary (50th Percentile) £112,500 £107,500 £115,000
Median % change year-on-year +4.65% -6.52% +17.95%
75th Percentile £146,250 £143,750 £138,750
90th Percentile £165,000 £160,000 £169,500
UK excluding London median annual salary £90,000 £80,000 £61,250
% change year-on-year +12.50% +30.61% +16.67%

All Generic Skills
UK

Fixed Income is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for generic IT skills.

Permanent vacancies with a requirement for generic IT skills 34,768 44,861 72,647
As % of all permanent jobs advertised in the UK 35.46% 42.86% 47.13%
Number of salaries quoted 22,918 24,128 34,106
10th Percentile £28,000 £35,107 £34,500
25th Percentile £38,000 £46,250 £45,607
Median annual salary (50th Percentile) £55,000 £65,000 £62,500
Median % change year-on-year -15.38% +4.00% +4.17%
75th Percentile £75,000 £86,250 £83,750
90th Percentile £97,500 £107,500 £102,500
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +5.00%

Fixed Income
Job Vacancy Trend

Job postings citing Fixed Income as a proportion of all IT jobs advertised.

Job vacancy trend for Fixed Income in the UK

Fixed Income
Salary Trend

3-month moving average salary quoted in jobs citing Fixed Income.

Salary trend for Fixed Income in the UK

Fixed Income
Salary Histogram

Salary distribution for jobs citing Fixed Income over the 6 months to 27 April 2024.

Salary histogram for Fixed Income in the UK

Fixed Income
Top 11 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Fixed Income within the UK over the 6 months to 27 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England +62 658 £112,500 +5.88% 129
London +71 652 £112,500 +4.65% 125
Work from Home +33 383 £115,000 +6.98% 37
UK excluding London +30 17 £90,000 +12.50% 10
Scotland - 7 - - 2
Northern Ireland - 4 £105,000 - 3
South West - 4 - - 1
West Midlands +26 1 £44,700 -44.13% 2
Midlands +8 1 £44,700 -44.13% 2
North West - 1 £42,500 - 1
North of England - 1 £42,500 - 1

Fixed Income
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 264 (39.29%) Apache Airflow
2 241 (35.86%) Apache
3 4 (0.60%) Confluence
3 4 (0.60%) MQSeries
4 1 (0.15%) SharePoint
Applications
1 13 (1.93%) Microsoft Excel
2 4 (0.60%) Microsoft PowerPoint
3 2 (0.30%) Microsoft Office
3 2 (0.30%) MS Visio
4 1 (0.15%) Microsoft Project
4 1 (0.15%) Spreadsheet
Business Applications
1 28 (4.17%) Aladdin
2 15 (2.23%) thinkFolio
3 3 (0.45%) ION Anvil
3 3 (0.45%) ION MarketView
4 2 (0.30%) Markit EDM
5 1 (0.15%) Bloomberg AIM
5 1 (0.15%) Salesforce CRM
Cloud Services
1 474 (70.54%) AWS
2 358 (53.27%) GCP
3 248 (36.90%) Azure
4 171 (25.45%) dbt
5 133 (19.79%) Snowflake
6 4 (0.60%) GitHub
6 4 (0.60%) Serverless
7 3 (0.45%) Amazon EC2
7 3 (0.45%) Amazon S3
7 3 (0.45%) AWS CloudFormation
7 3 (0.45%) AWS Lambda
7 3 (0.45%) SaaS
8 2 (0.30%) WeChat
9 1 (0.15%) Amazon EKS
9 1 (0.15%) Azure AKS
9 1 (0.15%) Google Kubernetes Engine
9 1 (0.15%) IaaS
9 1 (0.15%) Microsoft 365
9 1 (0.15%) Power Platform
9 1 (0.15%) WhatsApp
Communications & Networking
1 4 (0.60%) Internet
2 3 (0.45%) TCP/IP
3 1 (0.15%) DHCP
3 1 (0.15%) DNS
3 1 (0.15%) NAS
3 1 (0.15%) SAN
3 1 (0.15%) Software-Defined Networking
Database & Business Intelligence
1 241 (35.86%) Apache Ignite
2 171 (25.45%) Amazon Athena
2 171 (25.45%) Apache Arrow
2 171 (25.45%) Dremio
3 132 (19.64%) Data Lake
4 69 (10.27%) PostgreSQL
5 15 (2.23%) SQL Server
6 12 (1.79%) SQL Server Integration Services
6 12 (1.79%) SQL Server Reporting Services
7 9 (1.34%) KDB
8 5 (0.74%) Kdb+
9 4 (0.60%) MySQL
10 3 (0.45%) Amazon RDS
10 3 (0.45%) Relational Database
11 2 (0.30%) Big Data
11 2 (0.30%) Data Mart
11 2 (0.30%) SQLPlus
12 1 (0.15%) Power BI
Development Applications
1 41 (6.10%) Cypress.io
2 12 (1.79%) Git
3 10 (1.49%) JIRA
4 8 (1.19%) Maven
5 4 (0.60%) IntelliJ
5 4 (0.60%) Jenkins
6 3 (0.45%) GitLab
7 1 (0.15%) Bitbucket
7 1 (0.15%) GDB
7 1 (0.15%) Gradle
7 1 (0.15%) Visual Studio
General
1 563 (83.78%) Finance
2 557 (82.89%) Front Office
3 305 (45.39%) Banking
4 215 (31.99%) Investment Banking
5 69 (10.27%) Back Office
6 40 (5.95%) Social Skills
7 31 (4.61%) Analytical Skills
8 13 (1.93%) Inclusion and Diversity
9 12 (1.79%) Billing
10 11 (1.64%) Law
11 10 (1.49%) Legal
12 7 (1.04%) Marketing
12 7 (1.04%) Presentation Skills
13 4 (0.60%) Financial Institution
14 2 (0.30%) Mandarin Language
15 1 (0.15%) French Language
Job Titles
1 392 (58.33%) Developer
2 312 (46.43%) Software Engineer
3 257 (38.24%) Developer/Software Engineer
4 176 (26.19%) Python Developer
5 152 (22.62%) Python Engineer
6 149 (22.17%) Python Software Engineer
7 115 (17.11%) Analyst
8 109 (16.22%) Senior
9 108 (16.07%) Lead
10 105 (15.63%) Finance Manager
11 104 (15.48%) React Developer
12 101 (15.03%) .NET Developer
13 97 (14.43%) Senior Software Engineer
14 87 (12.95%) .NET Software Developer
14 87 (12.95%) .NET Software Engineer
15 74 (11.01%) Quantitative Developer
16 72 (10.71%) Business Analyst
17 64 (9.52%) Senior Developer
18 61 (9.08%) Senior Software Developer
19 60 (8.93%) AWS Engineer
Libraries, Frameworks & Software Standards
1 262 (38.99%) gRPC
1 262 (38.99%) Protocol Buffers
2 244 (36.31%) React
3 205 (30.51%) Redux
4 176 (26.19%) Pandas
5 160 (23.81%) NumPy
5 160 (23.81%) SciPy
6 115 (17.11%) AngularJS
7 111 (16.52%) .NET
7 111 (16.52%) Vue
8 103 (15.33%) Material-UI
9 59 (8.78%) .NET Core
10 51 (7.59%) ASP.NET
10 51 (7.59%) ASP.NET Core
11 40 (5.95%) Node.js
12 20 (2.98%) FIX Protocol
12 20 (2.98%) GraphQL
13 12 (1.79%) Spring
14 7 (1.04%) Spring Boot
15 4 (0.60%) JSON
Miscellaneous
1 459 (68.30%) Hedge funds
2 421 (62.65%) Equities
3 372 (55.36%) Derivative
4 358 (53.27%) Foreign Exchange (FX)
5 50 (7.44%) Product Ownership
6 22 (3.27%) Greenfield Project
7 13 (1.93%) Management Information System
7 13 (1.93%) Onboarding
7 13 (1.93%) Self-Motivation
8 12 (1.79%) Pricing Data
9 11 (1.64%) Credit Derivative
9 11 (1.64%) Distributed Systems
10 8 (1.19%) Reference Data
11 7 (1.04%) Interest Rate Derivative
12 4 (0.60%) Algorithms
13 3 (0.45%) Distributed Applications
14 2 (0.30%) Data Structures
14 2 (0.30%) Equity Derivative
14 2 (0.30%) FPGA
14 2 (0.30%) Market Risk
Operating Systems
1 13 (1.93%) Linux
2 8 (1.19%) Apple iOS
3 6 (0.89%) Windows
4 5 (0.74%) Windows 10
5 3 (0.45%) Unix
6 2 (0.30%) Windows Server
7 1 (0.15%) Windows Server 2012
Processes & Methodologies
1 513 (76.34%) Asset Management
2 477 (70.98%) Agile
3 445 (66.22%) Software Engineering
4 442 (65.77%) Investment Management
5 144 (21.43%) Full Stack Development
6 116 (17.26%) Artificial Intelligence
6 116 (17.26%) Machine Learning
7 112 (16.67%) Fintech
8 106 (15.77%) Analytics
9 81 (12.05%) Automated Trading
10 75 (11.16%) TDD
11 64 (9.52%) Line Management
12 57 (8.48%) Greeks
13 52 (7.74%) DevOps
14 49 (7.29%) Electronic Trading
14 49 (7.29%) Quantitative Research
15 40 (5.95%) Performance Attribution
15 40 (5.95%) Problem-Solving
15 40 (5.95%) Roadmaps
16 36 (5.36%) Product Management
Programming Languages
1 484 (72.02%) Python
2 372 (55.36%) TypeScript
3 312 (46.43%) JavaScript
4 229 (34.08%) Java
5 152 (22.62%) SQL
6 115 (17.11%) C#
7 44 (6.55%) R
8 21 (3.13%) C++
9 20 (2.98%) Kotlin
10 14 (2.08%) Scala
11 12 (1.79%) Ruby
12 8 (1.19%) VBA
13 4 (0.60%) PowerShell
14 3 (0.45%) Bash
15 1 (0.15%) Shell Script
Qualifications
1 46 (6.85%) Degree
2 27 (4.02%) Computer Science Degree
3 7 (1.04%) Master's Degree
4 3 (0.45%) AWS Certification
4 3 (0.45%) AWS Certified Solutions Architect
4 3 (0.45%) CFA
Quality Assurance & Compliance
1 57 (8.48%) Data Quality
2 49 (7.29%) QA
3 3 (0.45%) Accessibility
System Software
1 7 (1.04%) Docker
2 1 (0.15%) Active Directory
2 1 (0.15%) VMware Infrastructure
2 1 (0.15%) vSphere
Systems Management
1 4 (0.60%) Ansible
2 3 (0.45%) Control-M
2 3 (0.45%) Kubernetes
3 1 (0.15%) Microsoft Intune
3 1 (0.15%) Terraform
Vendors
1 79 (11.76%) Bloomberg
2 69 (10.27%) Google
3 26 (3.87%) Charles River
4 15 (2.23%) Oracle
5 13 (1.93%) BISAM
6 11 (1.64%) ION Trading
7 7 (1.04%) Microsoft
8 5 (0.74%) Salesforce
9 4 (0.60%) Calypso
9 4 (0.60%) SAP
9 4 (0.60%) Solace
9 4 (0.60%) TIBCO
10 2 (0.30%) Murex
11 1 (0.15%) FactSet
11 1 (0.15%) HP
11 1 (0.15%) Progress
11 1 (0.15%) ServiceNow
11 1 (0.15%) Sybase
11 1 (0.15%) Vertica
11 1 (0.15%) VMware