Period
to 28 September 2021

The following table provides summary statistics for permanent job vacancies advertised in England with a requirement for MiFID skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited MiFID over the 6 months to 28 September 2021 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK > England
6 months to
28 Sep 2021
Same period 2020 Same period 2019
Rank 872 611 977
Rank change year-on-year -261 +366 -46
Permanent jobs citing MiFID 103 54 101
As % of all permanent jobs advertised in England 0.095% 0.12% 0.078%
As % of the Quality Assurance & Compliance category 0.65% 0.97% 0.56%
Number of salaries quoted 56 44 89
10th Percentile £54,375 £40,375 £57,500
25th Percentile £58,750 £59,375 £61,250
Median annual salary (50th Percentile) £75,000 £72,500 £75,000
Median % change year-on-year +3.45% -3.33% -6.25%
75th Percentile £88,750 £88,125 £92,500
90th Percentile £105,000 £96,750 £107,500
UK median annual salary £75,000 £72,500 £75,000
% change year-on-year +3.45% -3.33% -6.25%

MiFID is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in England with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
England
Permanent vacancies with a requirement for quality assurance or compliance skills 15,834 5,552 18,129
As % of all permanent IT jobs advertised in England 14.62% 12.56% 14.07%
Number of salaries quoted 10,198 4,436 13,622
10th Percentile £31,250 £31,250 £28,250
25th Percentile £41,250 £41,250 £37,500
Median annual salary (50th Percentile) £55,000 £55,000 £50,000
Median % change year-on-year - +10.00% -
75th Percentile £72,500 £71,250 £68,200
90th Percentile £88,750 £87,500 £83,750
UK median annual salary £53,500 £55,000 £50,000
% change year-on-year -2.73% +10.00% -

MiFID
Job Vacancy Trend in England

Job postings citing MiFID as a proportion of all IT jobs advertised in England.

Job vacancy trend for MiFID in England

MiFID
Salary Trend in England

3-month moving average salary quoted in jobs citing MiFID in England.

Salary trend for MiFID in England

MiFID
Salary Histogram in England

Salary distribution for jobs citing MiFID in England over the 6 months to 28 September 2021.

Salary histogram for MiFID in England

MiFID
Job Locations in England

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing MiFID within the England region over the 6 months to 28 September 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -197 100 £75,000 +3.45% 6
South West - 1 £42,500 -
MiFID
UK

For the 6 months to 28 September 2021, IT jobs citing MiFID 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 England region with a requirement for MiFID.

1 88 (85.44%) Finance
2 51 (49.51%) EMIR
3 43 (41.75%) Derivative
4 41 (39.81%) Unix
5 39 (37.86%) Banking
6 34 (33.01%) QA
7 30 (29.13%) Java
8 27 (26.21%) Windows
8 27 (26.21%) Python
8 27 (26.21%) Regression Testing
8 27 (26.21%) TDD
8 27 (26.21%) Spring
8 27 (26.21%) Investment Banking
8 27 (26.21%) Equities
8 27 (26.21%) Relational Database
8 27 (26.21%) Jenkins
9 26 (25.24%) Scrum
10 25 (24.27%) Data Management
10 25 (24.27%) PostgreSQL
10 25 (24.27%) Sybase
10 25 (24.27%) DB2
10 25 (24.27%) Eclipse
10 25 (24.27%) IntelliJ
10 25 (24.27%) RDBMS
10 25 (24.27%) Dependency Management
10 25 (24.27%) Build Automation
10 25 (24.27%) Git (software)
10 25 (24.27%) Reverse Engineering
10 25 (24.27%) Inversion of Control
10 25 (24.27%) Functional Programming

MiFID
Co-occurring IT Skills in England 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 (1.94%) Apache Spark
1 2 (1.94%) Elasticsearch
2 1 (0.97%) Confluence
Applications
1 8 (7.77%) Microsoft Excel
2 6 (5.83%) Microsoft PowerPoint
3 4 (3.88%) Microsoft Office
4 2 (1.94%) Microsoft Project
4 2 (1.94%) MS Visio
Business Applications
1 3 (2.91%) FINCAD Analytics
2 1 (0.97%) Kondor
2 1 (0.97%) thinkFolio
Cloud Services
1 3 (2.91%) AWS
2 2 (1.94%) Amazon EMR
2 2 (1.94%) Amazon S3
2 2 (1.94%) AWS Data Pipeline
2 2 (1.94%) AWS Lambda
3 1 (0.97%) Azure
3 1 (0.97%) Microsoft 365
3 1 (0.97%) Slack
Communications & Networking
1 1 (0.97%) TCP/IP
1 1 (0.97%) WebEx
Database & Business Intelligence
1 27 (26.21%) Relational Database
2 25 (24.27%) DB2
2 25 (24.27%) PostgreSQL
2 25 (24.27%) RDBMS
3 2 (1.94%) Amazon DynamoDB
3 2 (1.94%) Amazon Redshift
3 2 (1.94%) Apache Cassandra
3 2 (1.94%) Apache Hive
3 2 (1.94%) Apache Zeppelin
3 2 (1.94%) Big Data
3 2 (1.94%) DataStax
3 2 (1.94%) NoSQL
3 2 (1.94%) Spark SQL
4 1 (0.97%) Blockchain
Development Applications
1 27 (26.21%) Jenkins
2 25 (24.27%) Bitbucket Server
2 25 (24.27%) Eclipse
2 25 (24.27%) Git (software)
2 25 (24.27%) Gradle
2 25 (24.27%) IntelliJ
3 2 (1.94%) Maven
4 1 (0.97%) JIRA
General
1 88 (85.44%) Finance
2 39 (37.86%) Banking
3 27 (26.21%) Investment Banking
4 17 (16.50%) Front Office
5 14 (13.59%) Social Skills
6 12 (11.65%) Advertising
7 7 (6.80%) Analytical Skills
8 3 (2.91%) Financial Institution
8 3 (2.91%) Marketing
9 2 (1.94%) Back Office
10 1 (0.97%) Influencing Skills
10 1 (0.97%) Local Government
10 1 (0.97%) Organisational Skills
Job Titles
1 39 (37.86%) Developer
2 34 (33.01%) Analyst
3 27 (26.21%) Java Developer
4 25 (24.27%) Business Analyst
5 17 (16.50%) Applications Support
6 14 (13.59%) Unix Support
7 13 (12.62%) Senior Analyst
8 11 (10.68%) Regulatory Business Analyst
9 10 (9.71%) Quantitative Developer
10 9 (8.74%) C# Developer
10 9 (8.74%) C# Quant Developer
10 9 (8.74%) Senior Business Analyst
11 8 (7.77%) IT Analyst
11 8 (7.77%) Lead Developer
11 8 (7.77%) Lead Java Developer
12 7 (6.80%) Business IT Analyst
12 7 (6.80%) IT Business Analyst
13 5 (4.85%) Data Analyst
13 5 (4.85%) MiFID Business Analyst
14 4 (3.88%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 27 (26.21%) Spring
2 24 (23.30%) Spring Boot
3 21 (20.39%) FIX Protocol
4 5 (4.85%) XML
5 3 (2.91%) FpML
6 2 (1.94%) Elastic Stack
6 2 (1.94%) Kafka
6 2 (1.94%) Middleware
6 2 (1.94%) Rendezvous
6 2 (1.94%) Swing
6 2 (1.94%) TIBCO EMS
Miscellaneous
1 43 (41.75%) Derivative
2 27 (26.21%) Equities
3 14 (13.59%) Foreign Exchange (FX)
4 10 (9.71%) Exotic Derivative
4 10 (9.71%) Market Risk
5 6 (5.83%) Credit Risk
6 5 (4.85%) Fixed Income
6 5 (4.85%) Self-Motivation
7 3 (2.91%) Data Protection Act
8 2 (1.94%) Algorithms
8 2 (1.94%) Reference Data
9 1 (0.97%) Hedge funds
Operating Systems
1 41 (39.81%) Unix
2 27 (26.21%) Windows
3 5 (4.85%) Linux
4 2 (1.94%) Windows 10
4 2 (1.94%) Windows 7
Processes & Methodologies
1 27 (26.21%) Regression Testing
1 27 (26.21%) TDD
2 26 (25.24%) Scrum
3 25 (24.27%) Build Automation
3 25 (24.27%) Data Management
3 25 (24.27%) Dependency Management
3 25 (24.27%) Functional Programming
3 25 (24.27%) Inversion of Control
3 25 (24.27%) Reverse Engineering
4 17 (16.50%) Critical Thinking
5 16 (15.53%) Agile Software Development
6 14 (13.59%) Business Analysis
6 14 (13.59%) Collaborative Working
6 14 (13.59%) Creative Thinking
7 13 (12.62%) Risk Management
8 11 (10.68%) User Acceptance Testing
8 11 (10.68%) Validation
9 10 (9.71%) Financial Modelling
9 10 (9.71%) Machine Learning
9 10 (9.71%) Stochastic Calculus
Programming Languages
1 30 (29.13%) Java
2 27 (26.21%) Python
3 15 (14.56%) Bash Shell
4 14 (13.59%) Perl
5 11 (10.68%) C#
5 11 (10.68%) SQL
6 3 (2.91%) VBA
7 2 (1.94%) Scala
8 1 (0.97%) PL/SQL
8 1 (0.97%) PowerShell
Qualifications
1 13 (12.62%) Degree
2 9 (8.74%) Master's Degree
2 9 (8.74%) PhD
3 3 (2.91%) PMP
4 1 (0.97%) CISA
4 1 (0.97%) CISSP
4 1 (0.97%) PMI Certification
Quality Assurance & Compliance
1 51 (49.51%) EMIR
2 34 (33.01%) QA
3 12 (11.65%) Dodd-Frank
4 6 (5.83%) Data Quality
4 6 (5.83%) IFRS
5 5 (4.85%) Solvency II
6 4 (3.88%) GDPR
7 3 (2.91%) AIFMD
8 1 (0.97%) FATCA
System Software
1 2 (1.94%) Apache ZooKeeper
1 2 (1.94%) Docker
1 2 (1.94%) Virtual Machines
Systems Management
1 2 (1.94%) Ambari
1 2 (1.94%) Ansible
1 2 (1.94%) Hadoop YARN
1 2 (1.94%) Kibana
1 2 (1.94%) logstash
Vendors
1 25 (24.27%) Sybase
2 4 (3.88%) Microsoft
2 4 (3.88%) TIBCO
2 4 (3.88%) Tradeweb
3 2 (1.94%) Bloomberg
3 2 (1.94%) FXall
3 2 (1.94%) Hortonworks
3 2 (1.94%) MarketAxess
3 2 (1.94%) Refinitiv
3 2 (1.94%) Solace
4 1 (0.97%) Atlassian
4 1 (0.97%) Charles River
4 1 (0.97%) Murex