Period
to 14 November 2018

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 14 November 2018 with a comparison to the same period over the previous 2 years.

Market Risk
Central London > City of London
6 months to
14 Nov 2018
Same period 2017 Same period 2016
Rank 285 274 265
Rank change year-on-year -11 -9 +82
Permanent jobs citing Market Risk 57 54 87
As % of all permanent IT jobs advertised in the City of London 0.51% 0.53% 0.74%
As % of the Miscellaneous category 1.04% 1.09% 1.57%
Number of salaries quoted 56 51 77
City of London median annual salary £85,000 £100,000 £75,000
Median salary % change year-on-year -15.00% +33.33% +27.66%
10th Percentile £55,625 £45,000 £50,750
90th Percentile £106,250 £105,000 £96,250
Central London median annual salary £85,000 £100,000 £75,000
% change year-on-year -15.00% +33.33% +25.00%

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 5,487 4,936 5,546
As % of all permanent IT jobs advertised in the City of London 49.03% 48.25% 47.48%
Number of salaries quoted 4,931 4,407 5,029
City of London median annual salary £65,000 £60,000 £57,500
Median salary % change year-on-year +8.33% +4.35% -
10th Percentile £37,500 £33,750 £33,500
90th Percentile £95,000 £96,250 £90,000
Central London median annual salary £65,000 £60,000 £57,500
% change year-on-year +8.33% +4.35% -

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 14 November 2018.

Salary histogram for Market Risk in the City of London

For the 6 months to 14 November 2018, 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 47 (82.46%) Finance
2 29 (50.88%) Banking
3 28 (49.12%) Front Office
4 26 (45.61%) Java
4 26 (45.61%) Python
5 25 (43.86%) C++
5 25 (43.86%) SQL
6 23 (40.35%) C#
6 23 (40.35%) Credit Risk
6 23 (40.35%) Analytics
7 19 (33.33%) Agile Software Development
8 18 (31.58%) Risk Management
9 17 (29.82%) Scala
10 15 (26.32%) Hibernate
10 15 (26.32%) Spring
10 15 (26.32%) Maven
10 15 (26.32%) Derivative
11 14 (24.56%) ETL
11 14 (24.56%) Big Data
12 13 (22.81%) .NET
12 13 (22.81%) SQL Server
12 13 (22.81%) Mathematics
13 12 (21.05%) Degree
13 12 (21.05%) MiFID
13 12 (21.05%) Dodd-Frank
14 11 (19.30%) Foreign Exchange (FX)
15 10 (17.54%) Advertising
15 10 (17.54%) VB
15 10 (17.54%) Physics
16 9 (15.79%) Hadoop

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 9 (15.79%) Apache Spark
2 5 (8.77%) SAS
Applications
1 5 (8.77%) Microsoft Excel
Cloud Services
1 1 (1.75%) Amazon AWS
1 1 (1.75%) AWS Lambda
1 1 (1.75%) CloudFront
1 1 (1.75%) Serverless
Database & Business Intelligence
1 14 (24.56%) Big Data
2 13 (22.81%) SQL Server
3 9 (15.79%) Hadoop
4 8 (14.04%) MongoDB
4 8 (14.04%) NoSQL
5 7 (12.28%) Data Warehouse
6 5 (8.77%) SQL Server Integration Services
7 1 (1.75%) BusinessObjects
Development Applications
1 15 (26.32%) Maven
2 1 (1.75%) JIRA
2 1 (1.75%) Moq
2 1 (1.75%) MSTest
2 1 (1.75%) NUnit
2 1 (1.75%) Rhino Mocks
2 1 (1.75%) SpecFlow
2 1 (1.75%) Subversion
General
1 47 (82.46%) Finance
2 29 (50.88%) Banking
3 28 (49.12%) Front Office
4 10 (17.54%) Advertising
5 5 (8.77%) International Banking
6 2 (3.51%) Investment Banking
7 1 (1.75%) Back Office
7 1 (1.75%) French Language
7 1 (1.75%) Wholesale Banking
Job Titles
1 29 (50.88%) Developer
2 16 (28.07%) Java Developer
3 14 (24.56%) Senior Developer
4 13 (22.81%) Java Pricing Developer
4 13 (22.81%) Pricing Developer
4 13 (22.81%) Senior Java Developer
5 11 (19.30%) Analyst
6 9 (15.79%) Qualitative Analyst
6 9 (15.79%) Quantitative Analyst
7 8 (14.04%) Data Engineer
7 8 (14.04%) Python Engineer
7 8 (14.04%) Senior Analyst
8 7 (12.28%) Senior Quantitative Analyst
9 6 (10.53%) Python Developer
9 6 (10.53%) Technical Leader
10 5 (8.77%) Risk Manager
10 5 (8.77%) SQL Developer
11 4 (7.02%) C++ Developer
11 4 (7.02%) C++/Java Developer
11 4 (7.02%) Senior C++ Developer
Libraries, Frameworks & Software Standards
1 15 (26.32%) Hibernate
1 15 (26.32%) Spring
2 13 (22.81%) .NET
3 9 (15.79%) NumPy
3 9 (15.79%) Pandas
4 8 (14.04%) SciPy
5 6 (10.53%) ASP.NET
6 5 (8.77%) ASP.NET MVC
6 5 (8.77%) HTML
6 5 (8.77%) jQuery
6 5 (8.77%) Web Services
6 5 (8.77%) XML
7 2 (3.51%) WCF
8 1 (1.75%) .NET Core
8 1 (1.75%) Akka
8 1 (1.75%) REST
Miscellaneous
1 23 (40.35%) Credit Risk
2 15 (26.32%) Derivative
3 11 (19.30%) Foreign Exchange (FX)
4 9 (15.79%) Equities
4 9 (15.79%) Exotic Derivative
5 8 (14.04%) Algorithms
5 8 (14.04%) Data Structures
5 8 (14.04%) Spread Betting
6 7 (12.28%) Fintech
7 3 (5.26%) Hedge funds
8 2 (3.51%) PMI
9 1 (1.75%) Fixed Income
9 1 (1.75%) OTC Derivatives
Operating Systems
1 6 (10.53%) Unix
2 5 (8.77%) AIX
2 5 (8.77%) HPUX
2 5 (8.77%) Solaris
2 5 (8.77%) Windows
3 1 (1.75%) Linux
Processes & Methodologies
1 23 (40.35%) Analytics
2 19 (33.33%) Agile Software Development
3 18 (31.58%) Risk Management
4 14 (24.56%) ETL
5 13 (22.81%) Mathematics
6 10 (17.54%) Physics
7 9 (15.79%) Credit Risk Management
7 9 (15.79%) Data Analysis
7 9 (15.79%) Financial Modelling
7 9 (15.79%) Stochastic Calculus
7 9 (15.79%) Validation
8 8 (14.04%) Business Intelligence
8 8 (14.04%) Risk Analysis
9 7 (12.28%) Data Analytics
9 7 (12.28%) Stakeholder Management
9 7 (12.28%) Waterfall
10 6 (10.53%) MVC
11 5 (8.77%) Project Management
11 5 (8.77%) Scrum
11 5 (8.77%) Technical Architecture
Programming Languages
1 26 (45.61%) Java
1 26 (45.61%) Python
2 25 (43.86%) C++
2 25 (43.86%) SQL
3 23 (40.35%) C#
4 17 (29.82%) Scala
5 10 (17.54%) VB
6 9 (15.79%) MATLAB
6 9 (15.79%) R
7 6 (10.53%) T-SQL
8 5 (8.77%) VBA
9 1 (1.75%) Haskell
9 1 (1.75%) JavaScript
9 1 (1.75%) Kotlin
Qualifications
1 12 (21.05%) Degree
2 9 (15.79%) Master's Degree
2 9 (15.79%) PhD
3 2 (3.51%) PMI Certification
Quality Assurance & Compliance
1 12 (21.05%) Dodd-Frank
1 12 (21.05%) MiFID
2 9 (15.79%) EMIR
3 5 (8.77%) Data Quality
4 3 (5.26%) FINREP
5 1 (1.75%) Solvency II
Systems Management
1 1 (1.75%) Control-M
Vendors
1 6 (10.53%) Cognos
2 5 (8.77%) Oracle
3 2 (3.51%) Murex
3 2 (3.51%) Tableau
4 1 (1.75%) Bloomberg
4 1 (1.75%) Perforce