Period
to 18 January 2022

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 18 January 2022 with a comparison to the same period over the previous 2 years.

Market Risk
Central London > City of London
6 months to
18 Jan 2022
Same period 2021 Same period 2020
Rank 224 197 270
Rank change year-on-year -27 +73 +12
Permanent jobs citing Market Risk 30 19 37
As % of all permanent jobs advertised in the City of London 0.49% 0.45% 0.41%
As % of the Miscellaneous category 1.35% 1.20% 1.08%
Number of salaries quoted 30 17 29
10th Percentile £67,500 £65,000 £61,500
25th Percentile £76,250 £78,750 £66,250
Median annual salary (50th Percentile) £85,000 £85,000 £77,500
Median % change year-on-year - +9.68% -3.13%
75th Percentile £122,500 £95,000 £110,000
90th Percentile £123,000 £99,500 -
Central London median annual salary £85,000 £85,000 £77,500
% change year-on-year - +9.68% -3.13%

Market Risk 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 2,216 1,577 3,427
As % of all permanent IT jobs advertised in the City of London 35.92% 37.18% 37.55%
Number of salaries quoted 1,947 1,399 2,957
10th Percentile £45,000 £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 £95,000 £90,000 £87,500
90th Percentile £115,000 £110,000 £110,000
Central London median annual salary £72,500 £75,000 £70,000
% change year-on-year -3.33% +7.14% +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 18 January 2022.

Salary histogram for Market Risk in the City of London

For the 6 months to 18 January 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 28 (93.33%) Risk Management
2 22 (73.33%) Python
2 22 (73.33%) Finance
3 19 (63.33%) Advertising
3 19 (63.33%) Validation
3 19 (63.33%) Foreign Exchange (FX)
3 19 (63.33%) Equities
3 19 (63.33%) MiFID
3 19 (63.33%) Stochastic Calculus
3 19 (63.33%) Financial Modelling
3 19 (63.33%) Exotic Derivative
3 19 (63.33%) EMIR
3 19 (63.33%) Dodd-Frank
3 19 (63.33%) Model Validation
4 18 (60.00%) Master's Degree
4 18 (60.00%) Degree
4 18 (60.00%) Mathematics
4 18 (60.00%) Physics
4 18 (60.00%) PhD
5 14 (46.67%) C#
6 13 (43.33%) Artificial Intelligence
6 13 (43.33%) Machine Learning
7 8 (26.67%) Agile Software Development
7 8 (26.67%) Banking
7 8 (26.67%) Front Office
8 7 (23.33%) Investment Banking
8 7 (23.33%) Credit Risk
9 6 (20.00%) Credit Risk Management
9 6 (20.00%) R
9 6 (20.00%) C++

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:

Cloud Services
1 1 (3.33%) AWS
Database & Business Intelligence
1 2 (6.67%) Relational Database
1 2 (6.67%) SQL Server
General
1 22 (73.33%) Finance
2 19 (63.33%) Advertising
3 8 (26.67%) Banking
3 8 (26.67%) Front Office
4 7 (23.33%) Investment Banking
5 2 (6.67%) Social Skills
Job Titles
1 22 (73.33%) Developer
2 15 (50.00%) Python Developer
3 13 (43.33%) Quantitative Developer
4 7 (23.33%) Front Office Developer
4 7 (23.33%) Pricing Developer
5 6 (20.00%) Analyst
5 6 (20.00%) Qualitative Analyst
5 6 (20.00%) Quantitative Analyst
6 5 (16.67%) C# Developer
6 5 (16.67%) C# Quant Developer
6 5 (16.67%) Validation Analyst
7 2 (6.67%) Java Developer
8 1 (3.33%) Java Engineer
8 1 (3.33%) Scrum Master
8 1 (3.33%) Senior Java Engineer
Libraries, Frameworks & Software Standards
1 2 (6.67%) JSON
1 2 (6.67%) REST
1 2 (6.67%) Web Services
1 2 (6.67%) XML
Miscellaneous
1 19 (63.33%) Equities
1 19 (63.33%) Exotic Derivative
1 19 (63.33%) Foreign Exchange (FX)
2 7 (23.33%) Credit Risk
3 2 (6.67%) Hedge funds
Processes & Methodologies
1 28 (93.33%) Risk Management
2 19 (63.33%) Financial Modelling
2 19 (63.33%) Model Validation
2 19 (63.33%) Stochastic Calculus
2 19 (63.33%) Validation
3 18 (60.00%) Mathematics
3 18 (60.00%) Physics
4 13 (43.33%) Artificial Intelligence
4 13 (43.33%) Machine Learning
5 8 (26.67%) Agile Software Development
6 6 (20.00%) Credit Risk Management
7 2 (6.67%) Analytics
7 2 (6.67%) Greeks
7 2 (6.67%) Software Engineering
8 1 (3.33%) Multithreading
8 1 (3.33%) Performance Tuning
8 1 (3.33%) Prototyping
8 1 (3.33%) Scrum
8 1 (3.33%) Workflow
Programming Languages
1 22 (73.33%) Python
2 14 (46.67%) C#
3 6 (20.00%) C++
3 6 (20.00%) MATLAB
3 6 (20.00%) R
4 3 (10.00%) Java
5 2 (6.67%) SQL
Qualifications
1 18 (60.00%) Degree
1 18 (60.00%) Master's Degree
1 18 (60.00%) PhD
Quality Assurance & Compliance
1 19 (63.33%) Dodd-Frank
1 19 (63.33%) EMIR
1 19 (63.33%) MiFID