Period
to 3 August 2021

The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for Financial Modelling skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Financial Modelling over the 6 months to 3 August 2021 with a comparison to the same period in the previous 2 years.

Financial Modelling
Central London > City of London
6 months to
3 Aug 2021
Same period 2020 Same period 2019
Rank 236 225 298
Rank change year-on-year -11 +73 +35
Permanent jobs citing Financial Modelling 9 4 31
As % of all permanent jobs advertised in the City of London 0.16% 0.077% 0.30%
As % of the Processes & Methodologies category 0.17% 0.081% 0.32%
Number of salaries quoted 9 4 19
10th Percentile £68,500 " £47,500
25th Percentile £73,750 £66,250 £50,000
Median annual salary (50th Percentile) £77,500 £72,500 £72,500
Median % change year-on-year +6.90% - -12.12%
75th Percentile £86,250 £78,750 £86,250
90th Percentile £89,500 " £108,500
Central London median annual salary £77,500 £72,500 £72,000
% change year-on-year +6.90% +0.69% -12.73%

Financial Modelling is in the Processes and Methodologies category. The following 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 process or methodology skills.

All Process and Methodology Skills
City of London
Permanent vacancies with a requirement for process or methodology skills 5,337 4,910 9,667
As % of all permanent IT jobs advertised in the City of London 95.37% 94.37% 94.03%
Number of salaries quoted 4,780 4,303 8,616
10th Percentile £42,999 £42,500 £37,500
25th Percentile £53,750 £52,500 £50,000
Median annual salary (50th Percentile) £72,500 £70,000 £66,500
Median % change year-on-year +3.57% +5.26% +2.31%
75th Percentile £91,250 £85,000 £82,500
90th Percentile £107,500 £100,000 £97,500
Central London median annual salary £70,000 £70,000 £65,000
% change year-on-year - +7.69% +4.00%

Financial Modelling
Job Vacancy Trend in the City of London

Job postings citing Financial Modelling as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Financial Modelling in the City of London

Financial Modelling
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Financial Modelling in the City of London.

Salary trend for Financial Modelling in the City of London

Financial Modelling
Salary Histogram in the City of London

Salary distribution for jobs citing Financial Modelling in the City of London over the 6 months to 3 August 2021.

Salary histogram for Financial Modelling in the City of London

For the 6 months to 3 August 2021, IT jobs citing Financial Modelling also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the City of London region with a requirement for Financial Modelling.

1 9 (100.00%) Finance
2 6 (66.67%) Python
2 6 (66.67%) PhD
2 6 (66.67%) Mathematics
2 6 (66.67%) Physics
3 5 (55.56%) Degree
3 5 (55.56%) MiFID
3 5 (55.56%) Artificial Intelligence
3 5 (55.56%) Exotic Derivative
3 5 (55.56%) Foreign Exchange (FX)
3 5 (55.56%) C#
3 5 (55.56%) Equities
3 5 (55.56%) Advertising
3 5 (55.56%) Validation
3 5 (55.56%) Market Risk
3 5 (55.56%) Stochastic Calculus
3 5 (55.56%) EMIR
3 5 (55.56%) Dodd-Frank
3 5 (55.56%) Machine Learning
3 5 (55.56%) Master's Degree
3 5 (55.56%) Model Validation
3 5 (55.56%) Risk Management
4 4 (44.44%) FINCAD Analytics
5 2 (22.22%) Social Skills
5 2 (22.22%) Agile Software Development
6 1 (11.11%) Zachman Framework
6 1 (11.11%) TOGAF
6 1 (11.11%) Marketing
6 1 (11.11%) Technical Architecture
6 1 (11.11%) JIRA

Financial Modelling
Co-occurring 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:

Applications
1 1 (11.11%) Spreadsheet
Business Applications
1 4 (44.44%) FINCAD Analytics
Cloud Services
1 1 (11.11%) Azure
1 1 (11.11%) Azure App Service
Development Applications
1 1 (11.11%) JIRA
General
1 9 (100.00%) Finance
2 5 (55.56%) Advertising
3 2 (22.22%) Social Skills
4 1 (11.11%) Analytical Skills
4 1 (11.11%) Inclusion and Diversity
4 1 (11.11%) Marketing
Job Titles
1 6 (66.67%) Developer
1 6 (66.67%) Quantitative Developer
2 5 (55.56%) C# Developer
2 5 (55.56%) C# Quant Developer
3 1 (11.11%) Analyst
3 1 (11.11%) Analyst Developer
3 1 (11.11%) Architect
3 1 (11.11%) C++ Developer
3 1 (11.11%) C++ Quantitative Developer
3 1 (11.11%) Developer Analyst
3 1 (11.11%) Product Manager
3 1 (11.11%) Python Developer
3 1 (11.11%) Python Engineer
3 1 (11.11%) Qualitative Analyst
3 1 (11.11%) Quantitative Analyst
3 1 (11.11%) Quantitative Analyst Developer
3 1 (11.11%) Senior Architect
3 1 (11.11%) Senior Solutions Architect
3 1 (11.11%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (11.11%) Flask
1 1 (11.11%) RESTful
Miscellaneous
1 5 (55.56%) Equities
1 5 (55.56%) Exotic Derivative
1 5 (55.56%) Foreign Exchange (FX)
1 5 (55.56%) Market Risk
2 1 (11.11%) Fixed Income
Processes & Methodologies
1 6 (66.67%) Mathematics
1 6 (66.67%) Physics
2 5 (55.56%) Artificial Intelligence
2 5 (55.56%) Machine Learning
2 5 (55.56%) Model Validation
2 5 (55.56%) Risk Management
2 5 (55.56%) Stochastic Calculus
2 5 (55.56%) Validation
3 2 (22.22%) Agile Software Development
4 1 (11.11%) Cash Management
4 1 (11.11%) DSDM
4 1 (11.11%) Investment Management
4 1 (11.11%) Market Research
4 1 (11.11%) Network Architecture
4 1 (11.11%) Product Management
4 1 (11.11%) RUP
4 1 (11.11%) SOA
4 1 (11.11%) Test Automation
4 1 (11.11%) TOGAF
4 1 (11.11%) Zachman Framework
Programming Languages
1 6 (66.67%) Python
2 5 (55.56%) C#
3 1 (11.11%) C++
Qualifications
1 6 (66.67%) PhD
2 5 (55.56%) Degree
2 5 (55.56%) Master's Degree
Quality Assurance & Compliance
1 5 (55.56%) Dodd-Frank
1 5 (55.56%) EMIR
1 5 (55.56%) MiFID