Period
to 28 January 2022

The table below looks at the prevalence of the term Fixed Income in permanent job vacancies advertised in the City of London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Fixed Income over the 6 months to 28 January 2022 with a comparison to the same period over the previous 2 years.

Fixed Income
Central London > City of London
6 months to
28 Jan 2022
Same period 2021 Same period 2020
Rank 187 165 189
Rank change year-on-year -22 +24 -16
Permanent jobs citing Fixed Income 72 59 135
As % of all permanent jobs advertised in the City of London 1.14% 1.36% 1.47%
As % of the Miscellaneous category 3.15% 3.64% 3.88%
Number of salaries quoted 66 44 101
10th Percentile £60,000 £72,500 £52,500
25th Percentile £67,750 £75,938 £62,500
Median annual salary (50th Percentile) £92,500 £87,500 £80,000
Median % change year-on-year +5.71% +9.38% +14.29%
75th Percentile £117,500 £117,500 £106,250
90th Percentile £125,000 - £120,000
Central London median annual salary £92,500 £85,000 £82,500
% change year-on-year +8.82% +3.03% +17.86%

Fixed Income is in the Generic IT Skills 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 generic IT skills.

All Generic IT Skills
City of London
Permanent vacancies with a requirement for generic IT skills 2,286 1,621 3,483
As % of all permanent IT jobs advertised in the City of London 36.11% 37.27% 38.03%
Number of salaries quoted 1,977 1,436 3,006
10th Percentile £45,133 £45,000 £40,000
25th Percentile £57,500 £58,750 £52,500
Median annual salary (50th Percentile) £75,000 £75,000 £70,000
Median % change year-on-year - +7.14% +3.70%
75th Percentile £96,250 £91,250 £87,500
90th Percentile £115,000 £110,000 £110,000
Central London median annual salary £75,000 £75,000 £70,000
% change year-on-year - +7.14% +7.69%

Fixed Income
Job Vacancy Trend in the City of London

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

Job vacancy trend for Fixed Income in the City of London

Fixed Income
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Fixed Income in the City of London.

Salary trend for Fixed Income in the City of London

Fixed Income
Salary Histogram in the City of London

Salary distribution for jobs citing Fixed Income in the City of London over the 6 months to 28 January 2022.

Salary histogram for Fixed Income in the City of London

For the 6 months to 28 January 2022, IT jobs citing Fixed Income 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 Fixed Income.

1 57 (79.17%) Front Office
2 48 (66.67%) Banking
3 40 (55.56%) Java
4 38 (52.78%) Derivative
5 30 (41.67%) Investment Banking
6 20 (27.78%) Electronic Trading
7 18 (25.00%) Finance
8 17 (23.61%) Equities
8 17 (23.61%) Agile Software Development
9 16 (22.22%) Unix
10 15 (20.83%) Python
10 15 (20.83%) Foreign Exchange (FX)
11 12 (16.67%) Fintech
11 12 (16.67%) FIX Protocol
12 11 (15.28%) Multithreading
13 10 (13.89%) Spreadsheet
13 10 (13.89%) Asset Management
13 10 (13.89%) Legacy Systems
14 9 (12.50%) Order Management
14 9 (12.50%) Oracle Database
14 9 (12.50%) Shell Script
14 9 (12.50%) Linux
14 9 (12.50%) Oracle
14 9 (12.50%) Corporate Banking
14 9 (12.50%) Bash
15 8 (11.11%) C#
15 8 (11.11%) Back Office
16 7 (9.72%) Social Skills
17 6 (8.33%) Problem-Solving
17 6 (8.33%) Relational Database

Fixed Income
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:

Application Platforms
1 1 (1.39%) Apache Airflow
1 1 (1.39%) Apache Spark
Applications
1 10 (13.89%) Spreadsheet
Business Applications
1 1 (1.39%) FINCAD Analytics
1 1 (1.39%) SimCorp Dimension
Cloud Services
1 6 (8.33%) AWS
2 5 (6.94%) Azure
3 3 (4.17%) GCP
4 2 (2.78%) Azure App Service
4 2 (2.78%) Azure Monitor
5 1 (1.39%) Amazon S3
5 1 (1.39%) AWS CloudFormation
5 1 (1.39%) OpenShift
5 1 (1.39%) PaaS
5 1 (1.39%) Snowflake
Database & Business Intelligence
1 9 (12.50%) Oracle Database
2 6 (8.33%) Relational Database
3 4 (5.56%) Redis
4 2 (2.78%) Data Warehouse
4 2 (2.78%) RDBMS
4 2 (2.78%) SQL Server
5 1 (1.39%) Hadoop
5 1 (1.39%) KDB
Development Applications
1 3 (4.17%) JIRA
2 1 (1.39%) Artifactory
2 1 (1.39%) Bitbucket
2 1 (1.39%) Jenkins
2 1 (1.39%) SonarQube
General
1 57 (79.17%) Front Office
2 48 (66.67%) Banking
3 30 (41.67%) Investment Banking
4 18 (25.00%) Finance
5 9 (12.50%) Corporate Banking
6 8 (11.11%) Back Office
7 7 (9.72%) Social Skills
8 2 (2.78%) Organisational Skills
9 1 (1.39%) Analytical Skills
Job Titles
1 43 (59.72%) Developer
2 36 (50.00%) Java Developer
3 17 (23.61%) Front Office Developer
4 16 (22.22%) Investment Banking Java Developer
5 13 (18.06%) Java Pricing Developer
5 13 (18.06%) Pricing Developer
6 10 (13.89%) Electronic Trading Developer
6 10 (13.89%) Electronic Trading Java Developer
6 10 (13.89%) Java Developer - Fintech
7 9 (12.50%) Analyst
7 9 (12.50%) FIX Specialist
7 9 (12.50%) Support Specialist
7 9 (12.50%) Unix Specialist
7 9 (12.50%) Unix Support
7 9 (12.50%) Unix Support Specialist
8 8 (11.11%) Senior Developer
9 5 (6.94%) Business Analyst
9 5 (6.94%) C# Developer
10 4 (5.56%) Applications Support
10 4 (5.56%) Applications Support Analyst
Libraries, Frameworks & Software Standards
1 12 (16.67%) FIX Protocol
2 6 (8.33%) AngularJS
2 6 (8.33%) React
2 6 (8.33%) Spring
3 5 (6.94%) RESTful
4 4 (5.56%) Kafka
4 4 (5.56%) REST
4 4 (5.56%) Spring Boot
5 3 (4.17%) .NET
5 3 (4.17%) ASP.NET
5 3 (4.17%) HTML
5 3 (4.17%) HTML5
6 2 (2.78%) Flask
6 2 (2.78%) WPF
7 1 (1.39%) .NET Core
7 1 (1.39%) .NET Framework
7 1 (1.39%) Dask
7 1 (1.39%) Java Concurrency
Miscellaneous
1 38 (52.78%) Derivative
2 17 (23.61%) Equities
3 15 (20.83%) Foreign Exchange (FX)
4 10 (13.89%) Legacy Systems
5 3 (4.17%) Credit Derivative
5 3 (4.17%) SWIFT
6 2 (2.78%) Enterprise Software
6 2 (2.78%) Hedge funds
7 1 (1.39%) Credit Risk
Operating Systems
1 16 (22.22%) Unix
2 9 (12.50%) Linux
3 3 (4.17%) Windows
3 3 (4.17%) Windows Server
Processes & Methodologies
1 20 (27.78%) Electronic Trading
2 17 (23.61%) Agile Software Development
3 12 (16.67%) Fintech
4 11 (15.28%) Multithreading
5 10 (13.89%) Asset Management
6 9 (12.50%) Order Management
7 6 (8.33%) Microservices
7 6 (8.33%) Problem-Solving
8 5 (6.94%) Algorithmic Trading
8 5 (6.94%) Investment Management
8 5 (6.94%) Low Latency
8 5 (6.94%) Project Management
9 4 (5.56%) Concurrent Programming
9 4 (5.56%) Manual Testing
9 4 (5.56%) Quantitative Analysis
9 4 (5.56%) Software Engineering
9 4 (5.56%) Test Automation
10 3 (4.17%) Analytics
10 3 (4.17%) DevOps
10 3 (4.17%) SOLID
Programming Languages
1 40 (55.56%) Java
2 15 (20.83%) Python
3 9 (12.50%) Bash
3 9 (12.50%) Shell Script
4 8 (11.11%) C#
5 5 (6.94%) SQL
6 3 (4.17%) JavaScript
6 3 (4.17%) Scala
6 3 (4.17%) TypeScript
7 1 (1.39%) C++
7 1 (1.39%) Groovy
7 1 (1.39%) Perl
7 1 (1.39%) R
Qualifications
1 5 (6.94%) Degree
2 3 (4.17%) CHECK Team Member
2 3 (4.17%) ITIL Certification
3 2 (2.78%) Computer Science Degree
4 1 (1.39%) OCP
4 1 (1.39%) Oracle Certification
System Software
1 1 (1.39%) Docker
Systems Management
1 2 (2.78%) Kubernetes
2 1 (1.39%) Ansible
2 1 (1.39%) Opscode Chef
2 1 (1.39%) Puppet
2 1 (1.39%) Terraform
Vendors
1 9 (12.50%) Oracle
2 3 (4.17%) Microsoft
2 3 (4.17%) ServiceNow
2 3 (4.17%) Trayport
3 1 (1.39%) SimCorp