The first table below looks at the demand for MiFID skills in IT jobs advertised across the UK. Included is a guide to the average salaries offered in IT jobs that have cited MiFID over the 3 months to 24 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 of the Quality Assurance & Compliance category.

Location
3 months to
24 May 2013
Same period 2012 Same period 2011
Markets in Financial Instruments Directive (MiFID)
Rank 842 884 858
Rank change year-on-year
+42 -26
Permanent jobs citing MiFID 20 15 23
As % of all permanent IT jobs located in the UK 0.019% 0.012% 0.018%
As % of the Quality Assurance & Compliance category 0.187% 0.139% 0.228%
Number of salaries quoted 19 12 16
Average salary £110,000 £68,750 £60,000
Average salary % change year-on-year
+60.00% +14.58%
UK excluding London average salary - - £60,000
All Quality Assurance & Compliance
UK
Permanent IT job ads with a match in the
Quality Assurance & Compliance category
10710 10814 10095
As % of all permanent IT jobs located in the UK 9.909% 8.961% 8.114%
Number of salaries quoted 8649 8887 8332
Average salary £45,000 £45,000 £45,000
90% offered a salary of more than £27,500 £28,000 £29,000
10% offered a salary of more than £70,000 £72,500 £72,500
UK excluding London average salary £40,000 £40,000 £41,000
% change year-on-year
- -2.43%

MiFID
Jobs Demand Trend

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

MiFID Jobs Demand Trend

MiFID
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing MiFID within the UK.

MiFID Salary Trend

MiFID
Salary Histogram

This chart provides a salary histogram for IT jobs citing MiFID over the 3 months to 24 May 2013 within the UK.

MiFID Salary Histogram

MiFID
Top 3 Job Locations

The table below looks at the demand and provides a guide to the average salaries quoted in IT jobs citing MiFID within the UK over the 3 months to 24 May 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Average Salary
Last 3 Months
Average Salary
% Change
on Same Period
Last Year
London +57 20 £110,000 +60.00%
England +30 20 £110,000 +60.00%
City of London +12 15 £110,000 +62.96%

MiFID
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT jobs within the UK 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 24 (63.16%) Equities
2 17 (44.74%) Finance
3 16 (42.11%) Banking
3 16 (42.11%) Java
4 15 (39.47%) Derivative
5 11 (28.95%) Investment Banking
5 11 (28.95%) FIX Protocol
5 11 (28.95%) Oracle
5 11 (28.95%) Data Warehouse
5 11 (28.95%) Big Data
6 9 (23.68%) Business Analysis
7 8 (21.05%) Legal
8 7 (18.42%) Project Management
8 7 (18.42%) Foreign Exchange (FX)
8 7 (18.42%) Risk Management
9 6 (15.79%) Credit Risk
9 6 (15.79%) Market Risk
9 6 (15.79%) Stress Testing
9 6 (15.79%) Electronic Trading
9 6 (15.79%) Basel III
9 6 (15.79%) Validation
9 6 (15.79%) Stakeholder Management
9 6 (15.79%) Back Office
9 6 (15.79%) Mathematics
10 5 (13.16%) MATLAB
10 5 (13.16%) VBA
10 5 (13.16%) C#
10 5 (13.16%) C++
10 5 (13.16%) R
10 5 (13.16%) Stochastic Calculus

MiFID
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT jobs within the UK 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 Development
1 11 (28.95%) FIX Protocol
2 4 (10.53%) JMS
Application Platforms
1 3 (7.895%) Progress Apama
Applications
1 1 (2.632%) MS PowerPoint
Communications & Networking
1 3 (7.895%) HTTP
1 3 (7.895%) HTTPS
Database & Business Intelligence
1 11 (28.95%) Data Warehouse
1 11 (28.95%) Big Data
General
1 17 (44.74%) Finance
2 16 (42.11%) Banking
3 11 (28.95%) Investment Banking
4 8 (21.05%) Legal
5 6 (15.79%) Back Office
6 3 (7.895%) French Language
6 3 (7.895%) German Language
6 3 (7.895%) Italian Language
7 2 (5.263%) Retail
7 2 (5.263%) Retail Banking
8 1 (2.632%) Front Office
Job Titles
1 11 (28.95%) Consultant
2 10 (26.32%) Analyst
3 9 (23.68%) Business Analyst
4 6 (15.79%) Risk Manager
5 5 (13.16%) Development Manager
5 5 (13.16%) Risk Consultant
6 4 (10.53%) Developer
6 4 (10.53%) Lead Developer
7 3 (7.895%) IT Business Analyst
7 3 (7.895%) Senior Analyst
7 3 (7.895%) Senior Business Analyst
8 2 (5.263%) Audit Manager
8 2 (5.263%) Project Manager
8 2 (5.263%) Senior Manager
8 2 (5.263%) IT Audit Manager
9 1 (2.632%) Finance Project Manager
9 1 (2.632%) Financial Services Business Analyst
9 1 (2.632%) Business Manager
9 1 (2.632%) Risk Analyst
9 1 (2.632%) Business Project Manager
Miscellaneous
1 24 (63.16%) Equities
2 15 (39.47%) Derivative
3 7 (18.42%) Foreign Exchange (FX)
4 6 (15.79%) Credit Risk
4 6 (15.79%) Market Risk
4 6 (15.79%) Mathematics
5 4 (10.53%) Fixed Income
Processes & Methodologies
1 9 (23.68%) Business Analysis
2 7 (18.42%) Project Management
2 7 (18.42%) Risk Management
3 6 (15.79%) Stress Testing
3 6 (15.79%) Electronic Trading
3 6 (15.79%) Validation
3 6 (15.79%) Stakeholder Management
4 5 (13.16%) Stochastic Calculus
5 4 (10.53%) PRINCE2
5 4 (10.53%) Asset Management
5 4 (10.53%) Requirements Analysis
6 3 (7.895%) Investment Management
7 2 (5.263%) User Acceptance Testing
7 2 (5.263%) ITIL
7 2 (5.263%) Change Management
8 1 (2.632%) Data Management
8 1 (2.632%) GAP Analysis
8 1 (2.632%) E-Commerce
Programming Languages
1 16 (42.11%) Java
2 5 (13.16%) MATLAB
2 5 (13.16%) VBA
2 5 (13.16%) C#
2 5 (13.16%) C++
2 5 (13.16%) R
Qualifications
1 2 (5.263%) PRINCE2 Certification
Quality Assurance & Compliance
1 6 (15.79%) Basel III
2 4 (10.53%) FATCA
2 4 (10.53%) Basel II
3 2 (5.263%) ISO/IEC 17799
3 2 (5.263%) COBIT
4 1 (2.632%) QA
4 1 (2.632%) Sarbanes-Oxley
Vendors
1 11 (28.95%) Oracle
2 3 (7.895%) Twitter
3 2 (5.263%) Hyperion
City, London
IT Director required by our London-based client, a leading independent provider of investment management, financial planning and wealth management (stockbroking) services to a client base of over...
Clifford Jackson
Salary: From £90,000 to £125,000 per annum + excellent package + car + pension
Posted: 21 May 2013