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 3 months to 26 June 2017 with a comparison to the same period in the previous 2 years.

Financial Modelling
London / City of London
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 223 251 292
Rank change year-on-year +28 +41  
Permanent jobs citing Financial Modelling 11 9 20
As % of all permanent IT jobs advertised in the City of London 0.21% 0.14% 0.19%
As % of the Processes & Methodologies category 0.24% 0.16% 0.22%
Number of salaries quoted 10 9 14
Median salary £72,500 £50,000 £77,500
Median salary % change year-on-year +45.00% -35.48%  
UK excluding London median salary £55,000 £55,000 £52,500
% change year-on-year - +4.76%  

Financial Modelling is in the process and methodology 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 process and methodology skills.

Process & Methodology Skills
City of London
Permanent job vacancies with a requirement for process and methodology skills 4674 5696 9220
As % of all permanent IT job vacancies advertised in the City of London 89.25% 90.60% 89.24%
Number of salaries quoted 4129 5199 7893
Median salary £62,500 £60,000 £57,500
Median salary % change year-on-year +4.16% +4.34%  
90% offered a salary of more than £40,000 £40,000 £39,500
10% offered a salary of more than £85,000 £82,500 £85,000
UK excluding London median salary £45,000 £45,000 £44,000
% change year-on-year - +2.27%  

Financial Modelling
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Financial Modelling as a proportion of all permanent or contract IT jobs with a match in the Processes & Methodologies category.

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

For the 6 months to 26 June 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 27 (100.00%) Finance
2 22 (81.48%) Degree
3 16 (59.26%) Java
3 16 (59.26%) Banking
3 16 (59.26%) Investment Banking
3 16 (59.26%) Fintech
4 15 (55.56%) Low Latency
4 15 (55.56%) Concurrent Programming
4 15 (55.56%) Multithreading
4 15 (55.56%) JIRA
4 15 (55.56%) Java SE
4 15 (55.56%) Agile Software Development
4 15 (55.56%) TDD
4 15 (55.56%) J2SE
5 8 (29.63%) Front Office
5 8 (29.63%) C++
5 8 (29.63%) Mathematics
6 7 (25.93%) MiFID
6 7 (25.93%) Stochastic Calculus
6 7 (25.93%) Credit Risk
6 7 (25.93%) Market Risk
6 7 (25.93%) R
6 7 (25.93%) Credit Risk Management
6 7 (25.93%) Foreign Exchange (FX)
6 7 (25.93%) MATLAB
6 7 (25.93%) Risk Management
6 7 (25.93%) Validation
7 6 (22.22%) Advertising
7 6 (22.22%) EMIR
7 6 (22.22%) Dodd-Frank

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 (3.70%) Microsoft Excel
Communications & Networking
1 1 (3.70%) HTTP
1 1 (3.70%) HTTPS
1 1 (3.70%) IPsec
1 1 (3.70%) Network Security
1 1 (3.70%) TCP/IP
Database & Business Intelligence
1 1 (3.70%) SQL Server
1 1 (3.70%) SQL Server Integration Services
1 1 (3.70%) SQL Server Reporting Services
Development Applications
1 15 (55.56%) JIRA
General
1 27 (100.00%) Finance
2 16 (59.26%) Banking
2 16 (59.26%) Investment Banking
3 8 (29.63%) Front Office
4 6 (22.22%) Advertising
5 2 (7.41%) Marketing
6 1 (3.70%) Billing
Job Titles
1 18 (66.67%) Developer
2 15 (55.56%) Java Developer
3 7 (25.93%) Analyst
3 7 (25.93%) Qualitative Analyst
3 7 (25.93%) Quantitative Analyst
4 4 (14.81%) Senior Developer
5 3 (11.11%) Investment Banking Java Developer
5 3 (11.11%) Senior Analyst
5 3 (11.11%) Senior Java Developer
5 3 (11.11%) Senior Quantitative Analyst
6 2 (7.41%) Quantitative Developer
7 1 (3.70%) Analyst Developer
7 1 (3.70%) C# Developer
7 1 (3.70%) C++ Developer
7 1 (3.70%) Client Services Manager
7 1 (3.70%) Developer Analyst
7 1 (3.70%) Financial Analyst
7 1 (3.70%) Security Manager
7 1 (3.70%) Senior C# Developer
7 1 (3.70%) SQL Developer
Libraries, Frameworks & Software Standards
1 15 (55.56%) J2SE
1 15 (55.56%) Java SE
2 4 (14.81%) Hibernate
2 4 (14.81%) Spring
3 2 (7.41%) Web Services
4 1 (3.70%) .NET
4 1 (3.70%) .NET Framework
4 1 (3.70%) Ajax
4 1 (3.70%) ASP.NET
4 1 (3.70%) ASP.NET MVC
4 1 (3.70%) ASP.NET Web API
4 1 (3.70%) CSS
4 1 (3.70%) Flash
4 1 (3.70%) HTML
4 1 (3.70%) HTML5
4 1 (3.70%) jQuery
4 1 (3.70%) Middleware
4 1 (3.70%) REST
4 1 (3.70%) WinForms
4 1 (3.70%) WPF
Miscellaneous
1 16 (59.26%) Fintech
2 7 (25.93%) Credit Risk
2 7 (25.93%) Foreign Exchange (FX)
2 7 (25.93%) Market Risk
3 1 (3.70%) Analytical Skills
3 1 (3.70%) Computer Science
3 1 (3.70%) Derivative
3 1 (3.70%) Equities
3 1 (3.70%) Fixed Income
3 1 (3.70%) Hedge funds
Processes & Methodologies
1 15 (55.56%) Agile Software Development
1 15 (55.56%) Concurrent Programming
1 15 (55.56%) Low Latency
1 15 (55.56%) Multithreading
1 15 (55.56%) TDD
2 8 (29.63%) Mathematics
3 7 (25.93%) Credit Risk Management
3 7 (25.93%) Risk Management
3 7 (25.93%) Stochastic Calculus
3 7 (25.93%) Validation
4 6 (22.22%) Physics
5 2 (7.41%) Analytics
5 2 (7.41%) Project Management
6 1 (3.70%) Business Intelligence
6 1 (3.70%) E-Commerce
6 1 (3.70%) ETL
6 1 (3.70%) MVC
6 1 (3.70%) OO
6 1 (3.70%) OOP
6 1 (3.70%) SOA
Programming Languages
1 16 (59.26%) Java
2 8 (29.63%) C++
3 7 (25.93%) MATLAB
3 7 (25.93%) R
4 2 (7.41%) C#
5 1 (3.70%) JavaScript
5 1 (3.70%) SQL
5 1 (3.70%) T-SQL
Qualifications
1 22 (81.48%) Degree
2 6 (22.22%) Master's Degree
3 1 (3.70%) ACCA
3 1 (3.70%) CIMA
3 1 (3.70%) Computer Science Degree
3 1 (3.70%) MBA
Quality Assurance & Compliance
1 7 (25.93%) MiFID
2 6 (22.22%) Dodd-Frank
2 6 (22.22%) EMIR
3 1 (3.70%) Basel III
3 1 (3.70%) ISO/IEC 27001
3 1 (3.70%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
3 1 (3.70%) NIST 800
Vendors
1 1 (3.70%) Microsoft
1 1 (3.70%) SAP
City, London
Understanding Recruitment
Salary: £75000 - £90000 per annum + Benefits + Bonus
Posted: 23 hours ago