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 3 months to 25 June 2017 with a comparison to the same period over the previous 2 years.

Market Risk
London / City of London
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 186 247 267
Rank change year-on-year +61 +20  
Permanent jobs citing Market Risk 45 14 39
As % of all permanent IT jobs advertised in the City of London 0.87% 0.22% 0.38%
As % of the Miscellaneous category 1.85% 0.48% 0.86%
Number of salaries quoted 45 9 25
Median salary £100,000 £75,000 £57,500
Median salary % change year-on-year +33.33% +30.43%  
UK excluding London median salary - £67,500 £35,000
% change year-on-year - +92.85%  

Market Risk is in the generic IT 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 generic IT skills.

Generic IT Skills
City of London
Permanent job vacancies with a requirement for generic IT skills 2429 2946 4522
As % of all permanent IT job vacancies advertised in the City of London 47.19% 46.81% 43.70%
Number of salaries quoted 2134 2649 3718
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 £35,000 £37,500 £36,000
10% offered a salary of more than £90,000 £85,000 £85,000
UK excluding London median salary £42,500 £42,500 £40,000
% change year-on-year - +6.25%  

Market Risk
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Market Risk as a proportion of all permanent or contract IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Market Risk in the City of London

Market Risk
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT 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

The salary distribution of IT jobs citing Market Risk in the City of London over the 3 months to 25 June 2017.

Salary histogram for Market Risk in the City of London

For the 6 months to 25 June 2017, IT jobs citing Market Risk 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 Market Risk.

1 57 (85.07%) Finance
2 53 (79.10%) Banking
3 51 (76.12%) Credit Risk
4 33 (49.25%) Java
5 32 (47.76%) SQL
6 31 (46.27%) Risk Management
7 24 (35.82%) Computer Science
8 23 (34.33%) Front Office
9 19 (28.36%) Advertising
9 19 (28.36%) Investment Banking
10 14 (20.90%) Mathematics
11 13 (19.40%) Physics
11 13 (19.40%) SDLC
11 13 (19.40%) Stakeholder Management
11 13 (19.40%) C++
12 12 (17.91%) Foreign Exchange (FX)
13 11 (16.42%) Degree
14 9 (13.43%) VBA
14 9 (13.43%) Python
15 8 (11.94%) Financial Institution
15 8 (11.94%) Derivative
15 8 (11.94%) Business Process Analysis
16 7 (10.45%) Credit Risk Management
16 7 (10.45%) MiFID
16 7 (10.45%) Stochastic Calculus
16 7 (10.45%) Financial Modelling
16 7 (10.45%) R
16 7 (10.45%) MATLAB
16 7 (10.45%) SQL Server
16 7 (10.45%) 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:

Application Platforms
1 2 (2.99%) GemFire
2 1 (1.49%) Apache Spark
Applications
1 5 (7.46%) Microsoft Excel
Cloud Services
1 5 (7.46%) GitHub
Database & Business Intelligence
1 7 (10.45%) SQL Server
2 4 (5.97%) SQL Server Integration Services
3 1 (1.49%) Hadoop
3 1 (1.49%) OLAP
3 1 (1.49%) OLAP Cube
3 1 (1.49%) Relational Database
Development Applications
1 7 (10.45%) Subversion
2 5 (7.46%) Jenkins
2 5 (7.46%) JIRA
3 1 (1.49%) Maven
General
1 57 (85.07%) Finance
2 53 (79.10%) Banking
3 23 (34.33%) Front Office
4 19 (28.36%) Advertising
4 19 (28.36%) Investment Banking
5 8 (11.94%) Financial Institution
6 4 (5.97%) Corporate Banking
7 3 (4.48%) French Language
7 3 (4.48%) German Language
Job Titles
1 36 (53.73%) Developer
2 31 (46.27%) Java Developer
3 29 (43.28%) Senior Developer
3 29 (43.28%) Senior Java Developer
4 25 (37.31%) Market Risk Developer
4 25 (37.31%) Market Risk Java Developer
5 24 (35.82%) Credit Risk Developer
5 24 (35.82%) Credit Risk Java Developer
5 24 (35.82%) Senior Credit Risk Java Developer
6 23 (34.33%) Senior Market Risk Java Developer
7 21 (31.34%) Analyst
8 13 (19.40%) Business Analyst
9 7 (10.45%) Qualitative Analyst
9 7 (10.45%) Quantitative Analyst
10 5 (7.46%) Applications Support
10 5 (7.46%) Client Relationship Manager
10 5 (7.46%) Front Office Business Analyst
10 5 (7.46%) Relationships Manager
10 5 (7.46%) Risk Analyst
10 5 (7.46%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 5 (7.46%) Elastic Stack
1 5 (7.46%) FIX Protocol
1 5 (7.46%) XML
2 4 (5.97%) .NET
2 4 (5.97%) ASP.NET
3 1 (1.49%) JMS
3 1 (1.49%) Middleware
3 1 (1.49%) REST
3 1 (1.49%) Spring
Miscellaneous
1 51 (76.12%) Credit Risk
2 24 (35.82%) Computer Science
3 12 (17.91%) Foreign Exchange (FX)
4 8 (11.94%) Derivative
5 5 (7.46%) OTC Derivatives
6 1 (1.49%) Equities
6 1 (1.49%) Fintech
6 1 (1.49%) Hedge funds
Operating Systems
1 6 (8.96%) Linux
2 5 (7.46%) Unix
Processes & Methodologies
1 31 (46.27%) Risk Management
2 14 (20.90%) Mathematics
3 13 (19.40%) Physics
3 13 (19.40%) SDLC
3 13 (19.40%) Stakeholder Management
4 8 (11.94%) Business Process Analysis
5 7 (10.45%) Credit Risk Management
5 7 (10.45%) Financial Modelling
5 7 (10.45%) Stochastic Calculus
5 7 (10.45%) Validation
6 6 (8.96%) Coaching
6 6 (8.96%) Presales
7 5 (7.46%) Agile Software Development
7 5 (7.46%) Asset Management
7 5 (7.46%) Business Process Modelling
7 5 (7.46%) DevOps
7 5 (7.46%) Kanban
7 5 (7.46%) Test Strategy
8 4 (5.97%) Data Extraction
8 4 (5.97%) Web Development
Programming Languages
1 33 (49.25%) Java
2 32 (47.76%) SQL
3 13 (19.40%) C++
4 9 (13.43%) Python
4 9 (13.43%) VBA
5 7 (10.45%) C#
5 7 (10.45%) MATLAB
5 7 (10.45%) R
6 4 (5.97%) Scala
7 2 (2.99%) T-SQL
Qualifications
1 11 (16.42%) Degree
2 6 (8.96%) Master's Degree
Quality Assurance & Compliance
1 7 (10.45%) MiFID
2 6 (8.96%) Dodd-Frank
2 6 (8.96%) EMIR
3 1 (1.49%) Basel III
Systems Management
1 5 (7.46%) Ansible
1 5 (7.46%) ITRS Geneos
Vendors
1 5 (7.46%) Barracuda Networks
1 5 (7.46%) BMC
1 5 (7.46%) TIBCO
2 4 (5.97%) Cognos
2 4 (5.97%) Murex
2 4 (5.97%) Oracle
3 2 (2.99%) Splunk
City, London
JM
Salary: £30000 - £50000 per annum
Posted: 2 days ago
City, London
Harvey Nash plc
Salary: £90000 - £110000 per annum
Posted: 6 days ago
City, London
Harvey Nash plc
Salary: £90000 - £110000 per annum
Posted: 4 days ago
City, London
Harrington Starr
Salary: £105000 - £115000 per annum + plus large bonus and 30% package value
Posted: 5 days ago