Period
to

The table below looks at the prevalence of the term Market Risk in permanent job vacancies advertised in the City of London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Market Risk over the 6 months to 25 June 2022 with a comparison to the same period over the previous 2 years.

Market Risk
Central London > City of London
6 months to
25 Jun 2022
Same period 2021 Same period 2020
Rank 272 224 221
Rank change year-on-year -48 -3 +63
Permanent jobs citing Market Risk 24 18 24
As % of all permanent jobs advertised in the City of London 0.30% 0.34% 0.39%
As % of the Miscellaneous category 0.76% 0.87% 0.99%
Number of salaries quoted 22 15 22
10th Percentile £68,375 £65,000 -
25th Percentile £80,313 £65,625 £66,250
Median annual salary (50th Percentile) £87,500 £77,500 £75,000
Median % change year-on-year +12.90% +3.33% +7.14%
75th Percentile £98,438 £86,250 £90,938
90th Percentile £126,125 £88,500 £94,750
Central London median annual salary £87,500 £77,500 £75,000
% change year-on-year +12.90% +3.33% +7.14%

Market Risk is in the General and Transferable 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 Skills
City of London
Permanent vacancies with a requirement for generic IT skills 3,146 2,058 2,413
As % of all permanent IT jobs advertised in the City of London 39.85% 38.60% 39.55%
Number of salaries quoted 2,304 1,819 2,137
10th Percentile £46,250 £43,750 £41,500
25th Percentile £57,500 £56,250 £52,500
Median annual salary (50th Percentile) £75,000 £75,000 £70,000
Median % change year-on-year - +7.14% +3.70%
75th Percentile £97,500 £95,000 £87,500
90th Percentile £113,375 £110,000 £106,250
Central London median annual salary £75,000 £72,500 £70,000
% change year-on-year +3.45% +3.57% +7.69%

Market Risk
Job Vacancy Trend in the City of London

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

Job vacancy trend for Market Risk in the City of London

Market Risk
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Market Risk in the City of London.

Salary trend for Market Risk in the City of London

Market Risk
Salary Histogram in the City of London

Salary distribution for jobs citing Market Risk in the City of London over the 6 months to 25 June 2022.

Salary histogram for Market Risk in the City of London

For the 6 months to 25 June 2022, IT jobs citing Market Risk 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 Market Risk.

1 18 (75.00%) Risk Management
2 16 (66.67%) Finance
3 15 (62.50%) Foreign Exchange (FX)
4 12 (50.00%) Social Skills
5 11 (45.83%) SQL
6 10 (41.67%) Degree
6 10 (41.67%) Mathematics
7 9 (37.50%) Python
8 8 (33.33%) Advertising
8 8 (33.33%) Validation
8 8 (33.33%) PhD
8 8 (33.33%) Physics
8 8 (33.33%) MiFID
8 8 (33.33%) Exotic Derivative
8 8 (33.33%) Derivative
8 8 (33.33%) Equities
8 8 (33.33%) Master's Degree
8 8 (33.33%) Problem-Solving
8 8 (33.33%) Model Validation
8 8 (33.33%) Stochastic Calculus
8 8 (33.33%) Financial Modelling
8 8 (33.33%) EMIR
8 8 (33.33%) Dodd-Frank
9 7 (29.17%) Analytical Skills
9 7 (29.17%) Machine Learning
9 7 (29.17%) Artificial Intelligence
9 7 (29.17%) Business Intelligence
9 7 (29.17%) C++
9 7 (29.17%) VBA
10 6 (25.00%) SLA

Market Risk
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 (4.17%) Apache
1 1 (4.17%) Confluence
1 1 (4.17%) Tomcat
Applications
1 1 (4.17%) Microsoft Excel
Cloud Services
1 6 (25.00%) Power Platform
2 2 (8.33%) AWS
Database & Business Intelligence
1 6 (25.00%) Power BI
2 2 (8.33%) Tableau
3 1 (4.17%) Apache Ignite
3 1 (4.17%) Big Data
3 1 (4.17%) Hadoop
3 1 (4.17%) Relational Database
3 1 (4.17%) SQL Server
Development Applications
1 1 (4.17%) Cucumber
1 1 (4.17%) Git (software)
1 1 (4.17%) Jenkins
1 1 (4.17%) JIRA
1 1 (4.17%) Maven
General
1 16 (66.67%) Finance
2 12 (50.00%) Social Skills
3 8 (33.33%) Advertising
4 7 (29.17%) Analytical Skills
5 5 (20.83%) Banking
5 5 (20.83%) Front Office
6 2 (8.33%) Investment Banking
7 1 (4.17%) Retail Banking
Job Titles
1 12 (50.00%) Developer
2 7 (29.17%) Python Developer
2 7 (29.17%) Quantitative Developer
3 6 (25.00%) Applications Support
3 6 (25.00%) C++ Developer
3 6 (25.00%) C++ Quantitative Developer
3 6 (25.00%) Murex Support
4 2 (8.33%) Java Developer
4 2 (8.33%) Java Engineer
4 2 (8.33%) Junior
4 2 (8.33%) Junior Risk Manager
4 2 (8.33%) Market Risk Developer
4 2 (8.33%) Risk Manager
4 2 (8.33%) Senior Java Engineer
5 1 (4.17%) Business Intelligence Developer
5 1 (4.17%) C# Software Developer
5 1 (4.17%) Lead Java Developer
5 1 (4.17%) Quantitative Analyst
5 1 (4.17%) Report Developer
5 1 (4.17%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 1 (4.17%) .NET
1 1 (4.17%) HTML
1 1 (4.17%) HTML5
1 1 (4.17%) JSON
1 1 (4.17%) MEAN Stack
1 1 (4.17%) React
1 1 (4.17%) REST
1 1 (4.17%) Spring
1 1 (4.17%) Spring Boot
1 1 (4.17%) Web Services
1 1 (4.17%) WPF
1 1 (4.17%) XML
Miscellaneous
1 15 (62.50%) Foreign Exchange (FX)
2 8 (33.33%) Derivative
2 8 (33.33%) Equities
2 8 (33.33%) Exotic Derivative
3 6 (25.00%) Fixed Income
3 6 (25.00%) Interest Rate Derivative
4 3 (12.50%) Credit Risk
5 1 (4.17%) Data Fabric
5 1 (4.17%) Hedge funds
Processes & Methodologies
1 18 (75.00%) Risk Management
2 10 (41.67%) Mathematics
3 8 (33.33%) Financial Modelling
3 8 (33.33%) Model Validation
3 8 (33.33%) Physics
3 8 (33.33%) Problem-Solving
3 8 (33.33%) Stochastic Calculus
3 8 (33.33%) Validation
4 7 (29.17%) Artificial Intelligence
4 7 (29.17%) Business Intelligence
4 7 (29.17%) Machine Learning
5 6 (25.00%) Collaborative Working
5 6 (25.00%) Stakeholder Management
5 6 (25.00%) Workshop Facilitation
6 4 (16.67%) DevOps
7 3 (12.50%) Analytics
7 3 (12.50%) Fintech
7 3 (12.50%) Mentoring
8 2 (8.33%) Multithreading
8 2 (8.33%) Performance Tuning
Programming Languages
1 11 (45.83%) SQL
2 9 (37.50%) Python
3 7 (29.17%) C++
3 7 (29.17%) VBA
4 4 (16.67%) Java
5 3 (12.50%) C#
6 2 (8.33%) JavaScript
7 1 (4.17%) MATLAB
7 1 (4.17%) R
Qualifications
1 10 (41.67%) Degree
2 8 (33.33%) Master's Degree
2 8 (33.33%) PhD
3 2 (8.33%) Numerate Degree
Quality Assurance & Compliance
1 8 (33.33%) Dodd-Frank
1 8 (33.33%) EMIR
1 8 (33.33%) MiFID
2 6 (25.00%) SLA
Systems Management
1 1 (4.17%) HP Fortify
Vendors
1 6 (25.00%) Bloomberg
1 6 (25.00%) Murex
2 1 (4.17%) MicroStrategy