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 30 March 2017 with a comparison to the same period in the previous 2 years.

Financial Modelling
London / City of London
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank 211 260 323
Rank change year-on-year +49 +63  
Permanent jobs citing Financial Modelling 17 3 4
As % of all permanent IT jobs advertised in the City of London 0.33% 0.042% 0.038%
As % of the Processes & Methodologies category 0.36% 0.046% 0.044%
Number of salaries quoted 16 3 3
Median salary £72,500 £67,500 £80,000
Median salary % change year-on-year +7.40% -15.62%  
90% offered a salary of more than £61,250 £47,500 £48,000
10% offered a salary of more than £77,500 £67,500 £88,000
UK excluding London median salary £55,000 £60,000 £52,500
% change year-on-year -8.33% +14.28%  

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 4682 6500 9143
As % of all permanent IT job vacancies advertised in the City of London 90.46% 90.28% 87.85%
Number of salaries quoted 4276 5788 7697
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 £41,000 £41,500 £37,500
10% offered a salary of more than £85,000 £82,500 £85,000
UK excluding London median salary £45,000 £45,000 £43,000
% change year-on-year - +4.65%  

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

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 3 months to 30 March 2017.

Salary histogram for Financial Modelling in the City of London

For the 6 months to 30 March 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 31 (100.00%) Finance
2 18 (58.06%) Mathematics
3 17 (54.84%) Degree
4 16 (51.61%) C++
5 14 (45.16%) Physics
6 12 (38.71%) Banking
7 11 (35.48%) Front Office
8 10 (32.26%) Risk Management
8 10 (32.26%) Validation
8 10 (32.26%) Foreign Exchange (FX)
8 10 (32.26%) MATLAB
8 10 (32.26%) Credit Risk
8 10 (32.26%) Market Risk
8 10 (32.26%) MiFID
8 10 (32.26%) Stochastic Calculus
8 10 (32.26%) R
8 10 (32.26%) Credit Risk Management
9 9 (29.03%) EMIR
9 9 (29.03%) Dodd-Frank
9 9 (29.03%) Advertising
10 8 (25.81%) Java
10 8 (25.81%) Fintech
10 8 (25.81%) Investment Banking
11 6 (19.35%) Agile Software Development
11 6 (19.35%) TDD
11 6 (19.35%) JIRA
11 6 (19.35%) Java SE
11 6 (19.35%) Multithreading
11 6 (19.35%) Concurrent Programming
11 6 (19.35%) Linux

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 (3.23%) MS Excel
Communications & Networking
1 2 (6.45%) HTTP
2 1 (3.23%) BGP
2 1 (3.23%) DNS
2 1 (3.23%) HTTPS
2 1 (3.23%) IPsec
2 1 (3.23%) Network Security
2 1 (3.23%) SSL
2 1 (3.23%) TCP/IP
2 1 (3.23%) Wireshark
Database & Business Intelligence
1 1 (3.23%) SQL Server
1 1 (3.23%) SQL Server Integration Services
1 1 (3.23%) SQL Server Reporting Services
Development Applications
1 6 (19.35%) JIRA
2 4 (12.90%) Visual Studio
3 1 (3.23%) Fiddler
3 1 (3.23%) Firebug
General
1 31 (100.00%) Finance
2 12 (38.71%) Banking
3 11 (35.48%) Front Office
4 9 (29.03%) Advertising
5 8 (25.81%) Investment Banking
6 2 (6.45%) Marketing
7 1 (3.23%) Retail
7 1 (3.23%) Retail Banking
Job Titles
1 15 (48.39%) Developer
2 14 (45.16%) Analyst
3 10 (32.26%) Qualitative Analyst
3 10 (32.26%) Quantitative Analyst
4 6 (19.35%) C++ Developer
4 6 (19.35%) Java Developer
4 6 (19.35%) Senior Analyst
4 6 (19.35%) Senior Quantitative Analyst
5 4 (12.90%) Financial Analyst
6 3 (9.68%) Quantitative Developer
7 2 (6.45%) C++ Quantitative Developer
7 2 (6.45%) Excel Analyst
7 2 (6.45%) Investment Banking Java Developer
8 1 (3.23%) Analytics Developer
8 1 (3.23%) Planning Manager
8 1 (3.23%) Quantitative Analyst Developer
8 1 (3.23%) Senior SQL Developer
8 1 (3.23%) SSIS Developer
8 1 (3.23%) SSRS Developer
8 1 (3.23%) T-SQL Developer
Libraries, Frameworks & Software Standards
1 6 (19.35%) J2SE
1 6 (19.35%) Java SE
2 4 (12.90%) STL
3 2 (6.45%) Ajax
3 2 (6.45%) CSS
3 2 (6.45%) HTML
3 2 (6.45%) HTML5
3 2 (6.45%) Web Services
4 1 (3.23%) .NET
4 1 (3.23%) .NET Framework
4 1 (3.23%) ASP.NET
4 1 (3.23%) ASP.NET MVC
4 1 (3.23%) ASP.NET Web API
4 1 (3.23%) CSS3
4 1 (3.23%) jQuery
4 1 (3.23%) JSP
4 1 (3.23%) Middleware
4 1 (3.23%) REST
4 1 (3.23%) WinForms
4 1 (3.23%) WPF
Miscellaneous
1 10 (32.26%) Credit Risk
1 10 (32.26%) Foreign Exchange (FX)
1 10 (32.26%) Market Risk
2 8 (25.81%) Fintech
3 3 (9.68%) Computer Science
4 1 (3.23%) Analytical Skills
4 1 (3.23%) Derivative
4 1 (3.23%) Equities
4 1 (3.23%) Fixed Income
4 1 (3.23%) Hedge funds
Operating Systems
1 6 (19.35%) Linux
2 4 (12.90%) Windows
3 2 (6.45%) Unix
Processes & Methodologies
1 18 (58.06%) Mathematics
2 14 (45.16%) Physics
3 10 (32.26%) Credit Risk Management
3 10 (32.26%) Risk Management
3 10 (32.26%) Stochastic Calculus
3 10 (32.26%) Validation
4 6 (19.35%) Agile Software Development
4 6 (19.35%) Concurrent Programming
4 6 (19.35%) Low Latency
4 6 (19.35%) Multithreading
4 6 (19.35%) TDD
5 5 (16.13%) OO
5 5 (16.13%) Statistics
6 4 (12.90%) Analytics
6 4 (12.90%) OOD
6 4 (12.90%) Open Source
7 1 (3.23%) Continuous Integration
7 1 (3.23%) Product Management
7 1 (3.23%) Stress Testing
7 1 (3.23%) Unit Testing
Programming Languages
1 16 (51.61%) C++
2 10 (32.26%) MATLAB
2 10 (32.26%) R
3 8 (25.81%) Java
4 4 (12.90%) SQL
5 3 (9.68%) Perl
5 3 (9.68%) Python
6 2 (6.45%) Bash Shell
6 2 (6.45%) C#
6 2 (6.45%) JavaScript
7 1 (3.23%) T-SQL
Qualifications
1 17 (54.84%) Degree
Quality Assurance & Compliance
1 10 (32.26%) MiFID
2 9 (29.03%) Dodd-Frank
2 9 (29.03%) EMIR
3 1 (3.23%) Basel III
3 1 (3.23%) ISO/IEC 27001
Vendors
1 2 (6.45%) Oracle
2 1 (3.23%) Microsoft
City, London
ANSON MCCADE
Salary: £45,000 -£60,000
Posted: Yesterday
City, London
Understanding Recruitment
Salary: £65000.00 - £80000.00 per annum + Bonus, Pens, Health etc
Posted: 4 days ago