The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for Basel III skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Basel III over the 3 months to 26 March 2017 with a comparison to the same period in the previous 2 years.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Basel III
London / City of London
Rank 223 262 311
Rank change year-on-year +39 +49  
Permanent jobs citing Basel III 3 11 4
As % of all permanent IT jobs advertised in the City of London 0.060% 0.15% 0.039%
As % of the Quality Assurance & Compliance category 0.45% 1.11% 0.31%
Number of salaries quoted 0 11 2
Median salary - £87,500 £83,750
Median salary % change year-on-year - +4.47%  
UK excluding London median salary £29,000 £38,500 -
% change year-on-year -24.67% -  

Basel III is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the City of London with a requirement for quality assurance and compliance skills.

Quality Assurance & Compliance Skills
City of London
Permanent job vacancies with a requirement for quality assurance and compliance skills 662 988 1309
As % of all permanent IT job vacancies advertised in the City of London 13.22% 13.92% 12.77%
Number of salaries quoted 616 820 1103
Median salary £59,000 £57,500 £53,500
Median salary % change year-on-year +2.60% +7.47%  
90% offered a salary of more than £37,500 £40,000 £33,550
10% offered a salary of more than £80,000 £82,500 £85,000
UK excluding London median salary £42,500 £44,000 £42,500
% change year-on-year -3.40% +3.52%  

Basel III
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Basel III as a proportion of all permanent or contract IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for Basel III in the City of London

Basel III
Salary Trend in the City of London

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

Salary trend for Basel III in the City of London

Basel III
Top 30 Related IT Skills in the City of London

For the 6 months to 26 March 2017, IT jobs citing Basel III also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the City of London region with a requirement for Basel III.

1 3 (100.00%) Finance
1 3 (100.00%) Banking
2 2 (66.67%) Investment Banking
2 2 (66.67%) Java
3 1 (33.33%) Change Management
3 1 (33.33%) Front Office
3 1 (33.33%) Risk Management
3 1 (33.33%) C#
3 1 (33.33%) C++
3 1 (33.33%) Oracle
3 1 (33.33%) DB2
3 1 (33.33%) Web Services
3 1 (33.33%) Data Warehouse
3 1 (33.33%) E-Commerce
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) Middleware
3 1 (33.33%) CAD
3 1 (33.33%) MATLAB
3 1 (33.33%) Project Management
3 1 (33.33%) Basel II
3 1 (33.33%) Validation
3 1 (33.33%) Stakeholder Management
3 1 (33.33%) Equities
3 1 (33.33%) Derivative
3 1 (33.33%) MiFID
3 1 (33.33%) Mathematics
3 1 (33.33%) Credit Risk
3 1 (33.33%) Market Risk
3 1 (33.33%) Release Management
3 1 (33.33%) Stress Testing

Basel III
Top Related IT Skills in the City of London by Category

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

Business Applications
1 1 (33.33%) Oracle Cash Management
Database & Business Intelligence
1 1 (33.33%) Data Warehouse
1 1 (33.33%) DB2
General
1 3 (100.00%) Banking
1 3 (100.00%) Finance
2 2 (66.67%) Investment Banking
3 1 (33.33%) Front Office
Job Titles
1 2 (66.67%) Developer
2 1 (33.33%) Analyst
2 1 (33.33%) Analyst Developer
2 1 (33.33%) Developer Analyst
2 1 (33.33%) Finance Manager
2 1 (33.33%) Finance Project Manager
2 1 (33.33%) Financial Analyst
2 1 (33.33%) IT Finance Manager
2 1 (33.33%) IT Manager
2 1 (33.33%) IT Project Manager
2 1 (33.33%) IT Risk Manager
2 1 (33.33%) Java Developer
2 1 (33.33%) Junior Developer
2 1 (33.33%) Junior Java Developer
2 1 (33.33%) Qualitative Analyst
2 1 (33.33%) Quantitative Analyst
2 1 (33.33%) Quantitative Analyst Developer
2 1 (33.33%) Quantitative Developer
2 1 (33.33%) Risk Manager
2 1 (33.33%) Risk Project Manager
Libraries, Frameworks & Software Standards
1 1 (33.33%) Middleware
1 1 (33.33%) Web Services
Miscellaneous
1 1 (33.33%) Credit Risk
1 1 (33.33%) Derivative
1 1 (33.33%) Equities
1 1 (33.33%) Fintech
1 1 (33.33%) Foreign Exchange (FX)
1 1 (33.33%) Hedge funds
1 1 (33.33%) Market Risk
Processes & Methodologies
1 1 (33.33%) Budgeting and Forecasting
1 1 (33.33%) CAD
1 1 (33.33%) Cash Management
1 1 (33.33%) Change Management
1 1 (33.33%) Coaching
1 1 (33.33%) Credit Risk Management
1 1 (33.33%) E-Commerce
1 1 (33.33%) Financial Modelling
1 1 (33.33%) Mathematics
1 1 (33.33%) Presales
1 1 (33.33%) Process Improvement
1 1 (33.33%) Project Management
1 1 (33.33%) Regulatory Compliance
1 1 (33.33%) Release Management
1 1 (33.33%) Risk Management
1 1 (33.33%) Stakeholder Management
1 1 (33.33%) Stochastic Calculus
1 1 (33.33%) Stress Testing
1 1 (33.33%) Validation
Programming Languages
1 2 (66.67%) Java
2 1 (33.33%) C#
2 1 (33.33%) C++
2 1 (33.33%) MATLAB
2 1 (33.33%) R
Quality Assurance & Compliance
1 1 (33.33%) Basel II
1 1 (33.33%) CRD IV
1 1 (33.33%) Dodd-Frank
1 1 (33.33%) MiFID
Vendors
1 1 (33.33%) Oracle