Period
to 23 November 2017

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 23 November 2017 with a comparison to the same period in the previous 2 years.

Financial Modelling
Central London > City of London
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 287 316 382
Rank change year-on-year +29 +66 +59
Permanent jobs citing Financial Modelling 34 32 26
As % of all permanent IT jobs advertised in the City of London 0.33% 0.27% 0.15%
As % of the Processes & Methodologies category 0.37% 0.31% 0.17%
Number of salaries quoted 33 30 24
City of London median annual salary £62,500 £53,750 £77,500
Median salary % change year-on-year +16.28% -30.65% +55.00%
10th Percentile £33,750 £30,275 £52,500
90th Percentile £102,500 £89,500 £90,000
Central London median annual salary £62,500 £55,000 £77,500
% change year-on-year +13.64% -29.03% +55.00%

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 9214 10414 15148
As % of all permanent IT jobs advertised in the City of London 90.12% 89.41% 89.15%
Number of salaries quoted 8320 9490 13129
City of London median annual salary £60,000 £60,000 £57,500
Median salary % change year-on-year - +4.35% +4.55%
10th Percentile £36,250 £35,000 £33,750
90th Percentile £95,000 £90,000 £87,500
Central London median annual salary £60,000 £57,500 £57,500
% change year-on-year +4.35% - +4.55%

Financial Modelling
Job Vacancy Trend in the City of London

Job postings citing Financial Modelling as a percentage 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

This chart provides the 3-month moving average for salaries quoted in permanent IT 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

The salary distribution of IT jobs citing Financial Modelling in the City of London over the 6 months to 23 November 2017.

Salary histogram for Financial Modelling in the City of London

For the 6 months to 23 November 2017, IT jobs citing Financial Modelling 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 Financial Modelling.

1 34 (100.00%) Finance
2 23 (67.65%) C#
3 20 (58.82%) Fintech
4 18 (52.94%) Foreign Exchange (FX)
4 18 (52.94%) Front Office
4 18 (52.94%) Risk Management
4 18 (52.94%) Validation
4 18 (52.94%) C++
4 18 (52.94%) Java
4 18 (52.94%) MATLAB
4 18 (52.94%) Mathematics
4 18 (52.94%) R
5 17 (50.00%) Banking
5 17 (50.00%) Investment Banking
6 16 (47.06%) Degree
7 11 (32.35%) MiFID
7 11 (32.35%) Credit Risk
7 11 (32.35%) Market Risk
7 11 (32.35%) Stochastic Calculus
7 11 (32.35%) Credit Risk Management
8 10 (29.41%) Agile Software Development
9 9 (26.47%) TDD
9 9 (26.47%) JIRA
9 9 (26.47%) Java SE
9 9 (26.47%) Middleware
9 9 (26.47%) Equities
9 9 (26.47%) Advertising
9 9 (26.47%) Project Management
9 9 (26.47%) J2SE
9 9 (26.47%) E-Commerce

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 4 (11.76%) Microsoft Excel
Cloud Services
1 1 (2.94%) Google Analytics
Communications & Networking
1 1 (2.94%) Internet
Database & Business Intelligence
1 1 (2.94%) Blockchain
Development Applications
1 9 (26.47%) JIRA
2 6 (17.65%) Eclipse
2 6 (17.65%) Maven
General
1 34 (100.00%) Finance
2 18 (52.94%) Front Office
3 17 (50.00%) Banking
3 17 (50.00%) Investment Banking
4 9 (26.47%) Advertising
5 1 (2.94%) Billing
5 1 (2.94%) Financial Institution
5 1 (2.94%) Marketing
Job Titles
1 19 (55.88%) Analyst
2 18 (52.94%) Qualitative Analyst
2 18 (52.94%) Quantitative Analyst
3 12 (35.29%) Developer
4 7 (20.59%) Credit Analyst
5 5 (14.71%) Java Developer
6 4 (11.76%) Consultant
6 4 (11.76%) Java Consultant
6 4 (11.76%) Junior
6 4 (11.76%) Junior Developer
6 4 (11.76%) Junior Software Developer
6 4 (11.76%) Software Developer
7 3 (8.82%) Financial Analyst
8 2 (5.88%) Analyst Developer
8 2 (5.88%) Developer Analyst
8 2 (5.88%) Quantitative Analyst Developer
8 2 (5.88%) Quantitative Developer
9 1 (2.94%) .NET Developer
9 1 (2.94%) Account Manager
9 1 (2.94%) Senior Analyst
Libraries, Frameworks & Software Standards
1 9 (26.47%) J2SE
1 9 (26.47%) Java SE
1 9 (26.47%) Middleware
2 6 (17.65%) Spring
3 5 (14.71%) .NET
4 4 (11.76%) ASP.NET
4 4 (11.76%) CSS
4 4 (11.76%) HTML
4 4 (11.76%) HTML5
4 4 (11.76%) jQuery
4 4 (11.76%) WPF
Miscellaneous
1 20 (58.82%) Fintech
2 18 (52.94%) Foreign Exchange (FX)
3 11 (32.35%) Credit Risk
3 11 (32.35%) Market Risk
4 9 (26.47%) Equities
4 9 (26.47%) Hedge funds
5 2 (5.88%) Derivative
6 1 (2.94%) Analytical Skills
6 1 (2.94%) Bitcoin
6 1 (2.94%) Digital Currency
6 1 (2.94%) Internet of Things
6 1 (2.94%) Renewable Energy
Processes & Methodologies
1 18 (52.94%) Mathematics
1 18 (52.94%) Risk Management
1 18 (52.94%) Validation
2 11 (32.35%) Credit Risk Management
2 11 (32.35%) Stochastic Calculus
3 10 (29.41%) Agile Software Development
4 9 (26.47%) Coaching
4 9 (26.47%) Concurrent Programming
4 9 (26.47%) Creative Thinking
4 9 (26.47%) E-Commerce
4 9 (26.47%) Low Latency
4 9 (26.47%) Multithreading
4 9 (26.47%) Presales
4 9 (26.47%) Process Improvement
4 9 (26.47%) Project Management
4 9 (26.47%) TDD
5 8 (23.53%) Physics
6 4 (11.76%) Unit Testing
6 4 (11.76%) Web Development
7 2 (5.88%) Stress Testing
Programming Languages
1 23 (67.65%) C#
2 18 (52.94%) C++
2 18 (52.94%) Java
2 18 (52.94%) MATLAB
2 18 (52.94%) R
3 4 (11.76%) JavaScript
3 4 (11.76%) SQL
3 4 (11.76%) T-SQL
4 1 (2.94%) F#
4 1 (2.94%) Haskell
Qualifications
1 16 (47.06%) Degree
2 8 (23.53%) Master's Degree
3 2 (5.88%) PhD
Quality Assurance & Compliance
1 11 (32.35%) MiFID
2 9 (26.47%) Dodd-Frank
2 9 (26.47%) EMIR
3 2 (5.88%) Basel III