Period
to 18 November 2017

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 November 2017 with a comparison to the same period over the previous 2 years.

Market Risk
Central London > City of London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 277 265 339
Rank change year-on-year -12 +74 0
Permanent jobs citing Market Risk 53 89 82
As % of all permanent IT jobs advertised in the City of London 0.52% 0.76% 0.47%
As % of the Miscellaneous category 1.11% 1.63% 1.03%
Number of salaries quoted 50 78 59
City of London median annual salary £100,000 £75,000 £57,500
Median salary % change year-on-year +33.33% +30.43% -14.81%
10th Percentile £49,500 £50,875 £51,000
90th Percentile £105,000 £96,250 £90,000
Central London median annual salary £100,000 £75,000 £60,000
% change year-on-year +33.33% +25.00% -11.11%

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 4793 5474 7989
As % of all permanent IT jobs advertised in the City of London 47.11% 46.79% 46.20%
Number of salaries quoted 4275 4972 6688
City of London median annual salary £60,000 £58,250 £57,500
Median salary % change year-on-year +3.00% +1.30% +4.55%
10th Percentile £33,750 £33,500 £32,500
90th Percentile £96,250 £90,000 £90,000
Central London median annual salary £60,000 £57,500 £57,500
% change year-on-year +4.35% - +4.55%

Market Risk
Job Vacancy Trend in the City of London

Job postings citing Market Risk as a percentage 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

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 6 months to 18 November 2017.

Salary histogram for Market Risk in the City of London

For the 6 months to 18 November 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 49 (92.45%) Finance
2 41 (77.36%) Credit Risk
3 36 (67.92%) Banking
4 31 (58.49%) Java
5 23 (43.40%) Front Office
5 23 (43.40%) SQL
6 21 (39.62%) Risk Management
7 20 (37.74%) Computer Science
8 15 (28.30%) Mathematics
9 14 (26.42%) Advertising
10 13 (24.53%) Foreign Exchange (FX)
11 12 (22.64%) MATLAB
11 12 (22.64%) C#
11 12 (22.64%) Physics
11 12 (22.64%) Degree
11 12 (22.64%) R
12 11 (20.75%) Credit Risk Management
12 11 (20.75%) MiFID
12 11 (20.75%) Stochastic Calculus
12 11 (20.75%) Financial Modelling
12 11 (20.75%) C++
12 11 (20.75%) Validation
13 9 (16.98%) EMIR
13 9 (16.98%) Dodd-Frank
14 8 (15.09%) Master's Degree
14 8 (15.09%) Derivative
15 7 (13.21%) Multithreading
15 7 (13.21%) Hadoop
15 7 (13.21%) Investment Banking
15 7 (13.21%) SQL Server

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 7 (13.21%) Apache Spark
1 7 (13.21%) GemFire
2 1 (1.89%) SAS
Applications
1 5 (9.43%) Microsoft Excel
2 1 (1.89%) MS Visio
Business Applications
1 1 (1.89%) Summit
Cloud Services
1 1 (1.89%) GitHub
Database & Business Intelligence
1 7 (13.21%) Hadoop
1 7 (13.21%) SQL Server
2 6 (11.32%) Relational Database
3 2 (3.77%) OLAP
4 1 (1.89%) Big Data
4 1 (1.89%) Data Warehouse
4 1 (1.89%) DataStage
4 1 (1.89%) NoSQL
4 1 (1.89%) OLAP Cube
4 1 (1.89%) Oracle BI EE
4 1 (1.89%) Oracle Discoverer
4 1 (1.89%) Oracle OLAP
4 1 (1.89%) PowerCenter
4 1 (1.89%) SAS Enterprise Guide
4 1 (1.89%) Snowflake Schema
4 1 (1.89%) SQL Server Analysis Services
4 1 (1.89%) SQL Server Integration Services
Development Applications
1 6 (11.32%) Maven
2 4 (7.55%) JIRA
3 2 (3.77%) Jenkins
4 1 (1.89%) Atlassian Bamboo
4 1 (1.89%) Cucumber
4 1 (1.89%) ERwin
4 1 (1.89%) Git (software)
4 1 (1.89%) JSUnit
4 1 (1.89%) JUnit
4 1 (1.89%) Karma Test Runner
4 1 (1.89%) Mocha
4 1 (1.89%) Subversion
4 1 (1.89%) Toad
4 1 (1.89%) Visual Studio Code
General
1 49 (92.45%) Finance
2 36 (67.92%) Banking
3 23 (43.40%) Front Office
4 14 (26.42%) Advertising
5 7 (13.21%) Investment Banking
6 3 (5.66%) French Language
6 3 (5.66%) German Language
7 2 (3.77%) Russian Language
8 1 (1.89%) Financial Institution
Job Titles
1 30 (56.60%) Developer
2 26 (49.06%) Java Developer
3 22 (41.51%) Senior Developer
4 21 (39.62%) Market Risk Developer
4 21 (39.62%) Senior Java Developer
5 20 (37.74%) Credit Risk Developer
5 20 (37.74%) Credit Risk Java Developer
5 20 (37.74%) Market Risk Java Developer
5 20 (37.74%) Senior Credit Risk Java Developer
5 20 (37.74%) Senior Market Risk Java Developer
6 14 (26.42%) Analyst
7 11 (20.75%) Qualitative Analyst
7 11 (20.75%) Quantitative Analyst
8 6 (11.32%) Front Office Developer
9 5 (9.43%) Lead Developer
9 5 (9.43%) Lead Java Developer
10 4 (7.55%) Client Relationship Manager
10 4 (7.55%) Relationships Manager
11 3 (5.66%) Business Analyst
12 2 (3.77%) Market Risk Analyst
Libraries, Frameworks & Software Standards
1 6 (11.32%) JMS
1 6 (11.32%) REST
1 6 (11.32%) Spring
2 2 (3.77%) CSS
2 2 (3.77%) CSS3
2 2 (3.77%) HTML
2 2 (3.77%) HTML5
2 2 (3.77%) Middleware
2 2 (3.77%) Node.js
2 2 (3.77%) React
2 2 (3.77%) Redux
2 2 (3.77%) RESTful
2 2 (3.77%) Sass
2 2 (3.77%) Twitter Bootstrap
3 1 (1.89%) .NET
3 1 (1.89%) AngularJS
3 1 (1.89%) Enzyme
3 1 (1.89%) OpenFin
3 1 (1.89%) RxJS
3 1 (1.89%) XML
Miscellaneous
1 41 (77.36%) Credit Risk
2 20 (37.74%) Computer Science
3 13 (24.53%) Foreign Exchange (FX)
4 8 (15.09%) Derivative
5 4 (7.55%) Equities
5 4 (7.55%) OTC Derivatives
6 2 (3.77%) Fintech
6 2 (3.77%) Hedge funds
6 2 (3.77%) User Experience
7 1 (1.89%) Analytical Skills
7 1 (1.89%) Fixed Income
7 1 (1.89%) Management Information System
Operating Systems
1 7 (13.21%) Linux
2 1 (1.89%) Unix
Processes & Methodologies
1 21 (39.62%) Risk Management
2 15 (28.30%) Mathematics
3 12 (22.64%) Physics
4 11 (20.75%) Credit Risk Management
4 11 (20.75%) Financial Modelling
4 11 (20.75%) Stochastic Calculus
4 11 (20.75%) Validation
5 7 (13.21%) Multithreading
6 6 (11.32%) Performance Optimisation
6 6 (11.32%) SOA
7 4 (7.55%) Agile Software Development
8 2 (3.77%) Kanban
8 2 (3.77%) Open Source
8 2 (3.77%) Presales
8 2 (3.77%) Project Management
8 2 (3.77%) Risk Analysis
8 2 (3.77%) Stress Testing
8 2 (3.77%) TDD
8 2 (3.77%) Test Automation
8 2 (3.77%) Test Management
Programming Languages
1 31 (58.49%) Java
2 23 (43.40%) SQL
3 12 (22.64%) C#
3 12 (22.64%) MATLAB
3 12 (22.64%) R
4 11 (20.75%) C++
5 5 (9.43%) VBA
6 4 (7.55%) Python
7 2 (3.77%) C
7 2 (3.77%) ES6
7 2 (3.77%) JavaScript
7 2 (3.77%) Scala
8 1 (1.89%) Bash Shell
8 1 (1.89%) PL/SQL
8 1 (1.89%) SAS Macro
8 1 (1.89%) TypeScript
8 1 (1.89%) VB
Qualifications
1 12 (22.64%) Degree
2 8 (15.09%) Master's Degree
3 2 (3.77%) PhD
Quality Assurance & Compliance
1 11 (20.75%) MiFID
2 9 (16.98%) Dodd-Frank
2 9 (16.98%) EMIR
3 3 (5.66%) QA
4 2 (3.77%) Basel III
5 1 (1.89%) Data Quality
System Software
1 1 (1.89%) Cygwin
Systems Management
1 2 (3.77%) HP Quality Center
2 1 (1.89%) Ansible
2 1 (1.89%) ITRS Geneos
Vendors
1 2 (3.77%) HP
2 1 (1.89%) Barracuda Networks
2 1 (1.89%) BMC
2 1 (1.89%) Cognos
2 1 (1.89%) Informatica
2 1 (1.89%) Microsoft
2 1 (1.89%) Murex
2 1 (1.89%) Oracle
2 1 (1.89%) Splunk
2 1 (1.89%) Tableau
2 1 (1.89%) TIBCO