Period
to 5 August 2020

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 5 August 2020 with a comparison to the same period over the previous 2 years.

Fixed Income
Central London > City of London
6 months to
5 Aug 2020
Same period 2019 Same period 2018
Rank 169 202 157
Rank change year-on-year +33 -45 +14
Permanent jobs citing Fixed Income 63 126 205
As % of all permanent jobs advertised in the City of London 1.23% 1.23% 1.87%
As % of the Miscellaneous category 2.94% 3.01% 4.43%
Number of salaries quoted 60 75 181
Median annual salary £110,000 £82,500 £75,000
Median salary % change year-on-year +33.33% +10.00% -6.25%
10th Percentile £70,000 £55,000 £47,500
90th Percentile £155,000 £115,000 £107,500
Central London median annual salary £100,000 £82,500 £75,000
% change year-on-year +21.21% +10.00% -6.25%

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 2,144 4,180 4,630
As % of all permanent IT jobs advertised in the City of London 41.87% 40.84% 42.23%
Number of salaries quoted 1,854 3,623 4,153
Median annual salary £70,000 £67,500 £65,000
Median salary % change year-on-year +3.70% +3.85% +5.69%
10th Percentile £41,250 £36,250 £36,750
90th Percentile £106,250 £100,000 £95,000
Central London median annual salary £70,000 £65,000 £62,500
% change year-on-year +7.69% +4.00% +4.17%

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 5 August 2020.

Salary histogram for Fixed Income in the City of London

For the 6 months to 5 August 2020, 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 35 (55.56%) Java
1 35 (55.56%) Finance
2 34 (53.97%) Front Office
3 32 (50.79%) Agile Software Development
4 29 (46.03%) Electronic Trading
5 27 (42.86%) Banking
6 25 (39.68%) Foreign Exchange (FX)
7 20 (31.75%) Fintech
8 13 (20.63%) Spreadsheet
8 13 (20.63%) SQL
9 12 (19.05%) Linux
9 12 (19.05%) Scrum
9 12 (19.05%) Multithreading
10 11 (17.46%) Risk Management
10 11 (17.46%) OO
10 11 (17.46%) Python
11 10 (15.87%) OOD
11 10 (15.87%) Oracle
11 10 (15.87%) Unix
12 9 (14.29%) Windows
12 9 (14.29%) Investment Banking
13 8 (12.70%) Derivative
13 8 (12.70%) TDD
14 7 (11.11%) JIRA
14 7 (11.11%) FIX Protocol
14 7 (11.11%) SQL Server
14 7 (11.11%) Ant
14 7 (11.11%) Analytics
14 7 (11.11%) Jenkins
15 6 (9.52%) GitLab

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:

Applications
1 13 (20.63%) Spreadsheet
2 1 (1.59%) Sketch
2 1 (1.59%) Zeplin
Business Applications
1 1 (1.59%) Bloomberg AIM
1 1 (1.59%) thinkFolio
Cloud Services
1 6 (9.52%) AWS
2 5 (7.94%) Azure
2 5 (7.94%) GCP
3 3 (4.76%) Amazon EKS
3 3 (4.76%) AWS CloudFormation
3 3 (4.76%) OpenShift
3 3 (4.76%) SaaS
4 1 (1.59%) Serverless
Communications & Networking
1 3 (4.76%) TCP/IP
2 1 (1.59%) FIX Connectivity
2 1 (1.59%) HTTP
2 1 (1.59%) LAN
Database & Business Intelligence
1 7 (11.11%) SQL Server
2 5 (7.94%) RDBMS
2 5 (7.94%) Relational Database
3 1 (1.59%) MongoDB
3 1 (1.59%) NoSQL
Development Applications
1 7 (11.11%) Ant
1 7 (11.11%) Jenkins
1 7 (11.11%) JIRA
2 6 (9.52%) Git (software)
2 6 (9.52%) GitLab
2 6 (9.52%) Maven
3 3 (4.76%) Artifactory
3 3 (4.76%) Bitbucket
3 3 (4.76%) Robot Framework
3 3 (4.76%) Sonatype Nexus
4 1 (1.59%) Selenium
General
1 35 (55.56%) Finance
2 34 (53.97%) Front Office
3 27 (42.86%) Banking
4 9 (14.29%) Investment Banking
5 2 (3.17%) Back Office
5 2 (3.17%) Financial Institution
5 2 (3.17%) International Banking
Job Titles
1 32 (50.79%) Developer
2 20 (31.75%) Electronic Trading Developer
3 18 (28.57%) Java Developer
4 16 (25.40%) Pricing Developer
5 12 (19.05%) Electronic Trading Java Developer
6 10 (15.87%) Java Pricing Developer
7 9 (14.29%) Analyst
8 7 (11.11%) Java Developer - Fintech
9 6 (9.52%) Java Engineer
10 5 (7.94%) Business Analyst
10 5 (7.94%) Lead Developer
11 4 (6.35%) Applications Developer
11 4 (6.35%) Java Applications Developer
11 4 (6.35%) Lead Java Developer
12 3 (4.76%) C# Developer
12 3 (4.76%) Data Manager
12 3 (4.76%) Market Data Manager
12 3 (4.76%) Python Developer
12 3 (4.76%) Python Engineer
12 3 (4.76%) Support Analyst
Libraries, Frameworks & Software Standards
1 7 (11.11%) FIX Protocol
2 5 (7.94%) Swing
3 4 (6.35%) CSS
3 4 (6.35%) HTML
4 3 (4.76%) AngularJS
4 3 (4.76%) Django
4 3 (4.76%) Flask
4 3 (4.76%) XML
5 2 (3.17%) Middleware
5 2 (3.17%) WPF
6 1 (1.59%) Boost C++ Libraries
6 1 (1.59%) HTML5
6 1 (1.59%) React
6 1 (1.59%) STL
Miscellaneous
1 25 (39.68%) Foreign Exchange (FX)
2 8 (12.70%) Derivative
3 6 (9.52%) Equities
4 4 (6.35%) Enterprise Software
5 3 (4.76%) Public Cloud
6 2 (3.17%) Algorithms
6 2 (3.17%) Analytical Skills
6 2 (3.17%) Data Structures
6 2 (3.17%) OTC Derivatives
6 2 (3.17%) Wiki
7 1 (1.59%) Cloud Native
7 1 (1.59%) Grid Computing
7 1 (1.59%) Interest Rate Derivative
7 1 (1.59%) Management Information System
7 1 (1.59%) Self-Motivation
7 1 (1.59%) User Experience
Operating Systems
1 12 (19.05%) Linux
2 10 (15.87%) Unix
3 9 (14.29%) Windows
4 2 (3.17%) Windows Server
Processes & Methodologies
1 32 (50.79%) Agile Software Development
2 29 (46.03%) Electronic Trading
3 20 (31.75%) Fintech
4 12 (19.05%) Multithreading
4 12 (19.05%) Scrum
5 11 (17.46%) OO
5 11 (17.46%) Risk Management
6 10 (15.87%) OOD
7 8 (12.70%) TDD
8 7 (11.11%) Analytics
9 6 (9.52%) Investment Management
10 4 (6.35%) Business Analysis
10 4 (6.35%) Computer Science
10 4 (6.35%) Continuous Integration
10 4 (6.35%) Low Latency
10 4 (6.35%) Mentoring
10 4 (6.35%) Multithreaded Programming
10 4 (6.35%) Stakeholder Engagement
10 4 (6.35%) Test Automation
10 4 (6.35%) Workflow
Programming Languages
1 35 (55.56%) Java
2 13 (20.63%) SQL
3 11 (17.46%) Python
4 5 (7.94%) C++
5 4 (6.35%) JavaScript
6 3 (4.76%) Bash Shell
6 3 (4.76%) C#
6 3 (4.76%) Groovy
7 2 (3.17%) Java 8
8 1 (1.59%) Haskell
8 1 (1.59%) Kotlin
8 1 (1.59%) Perl
8 1 (1.59%) PL/SQL
8 1 (1.59%) PowerShell
8 1 (1.59%) Shell Script
8 1 (1.59%) T-SQL
Qualifications
1 4 (6.35%) Degree
2 3 (4.76%) OCP
2 3 (4.76%) Oracle Certification
3 1 (1.59%) Computer Science Degree
Quality Assurance & Compliance
1 6 (9.52%) QA
2 4 (6.35%) Data Quality
3 1 (1.59%) Dodd-Frank
3 1 (1.59%) EMIR
3 1 (1.59%) MiFID
System Software
1 3 (4.76%) Docker
Systems Management
1 3 (4.76%) Ansible
1 3 (4.76%) Docker Swarm
1 3 (4.76%) Kubernetes
1 3 (4.76%) Opscode Chef
1 3 (4.76%) Puppet
1 3 (4.76%) Terraform
2 1 (1.59%) Control-M
Vendors
1 10 (15.87%) Oracle
2 5 (7.94%) Google
3 3 (4.76%) Perforce
4 2 (3.17%) Bloomberg
4 2 (3.17%) Informatica
4 2 (3.17%) Sun
4 2 (3.17%) Sybase
5 1 (1.59%) Avaloq
5 1 (1.59%) Charles River
5 1 (1.59%) Cognizant
5 1 (1.59%) ION Trading
5 1 (1.59%) Solace