Period
to 19 October 2020

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 19 October 2020 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK > England
6 months to
19 Oct 2020
Same period 2019 Same period 2018
Rank 605 958 925
Rank change year-on-year +353 -33 -141
Permanent jobs citing MiFID 62 94 214
As % of all permanent jobs advertised in England 0.14% 0.075% 0.14%
As % of the Quality Assurance & Compliance category 1.19% 0.56% 1.05%
Number of salaries quoted 52 84 154
Median annual salary £72,500 £76,000 £82,500
Median salary % change year-on-year -4.61% -7.88% +10.00%
10th Percentile £41,250 £57,875 £50,000
90th Percentile £95,000 £107,500 £120,000
UK median annual salary £72,500 £76,000 £82,500
% change year-on-year -4.61% -7.88% +10.00%

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 5,222 16,799 20,361
As % of all permanent IT jobs advertised in England 11.74% 13.34% 13.26%
Number of salaries quoted 4,143 12,635 15,534
Median annual salary £55,000 £50,000 £50,000
Median salary % change year-on-year +10.00% - -
10th Percentile £31,250 £28,500 £28,704
90th Percentile £87,500 £83,750 £80,000
UK median annual salary £55,000 £50,000 £50,000
% change year-on-year +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 19 October 2020.

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 19 October 2020. 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 +237 59 £72,500 - 6
North of England +172 3 £72,500 +38.10%
Yorkshire +130 2 £72,500 +38.10%
North East - 1 £75,000 -
MiFID
UK

For the 6 months to 19 October 2020, 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 40 (64.52%) EMIR
2 38 (61.29%) Finance
3 30 (48.39%) Agile Software Development
4 22 (35.48%) Dodd-Frank
5 20 (32.26%) Banking
6 18 (29.03%) Degree
7 17 (27.42%) Waterfall
8 16 (25.81%) Python
8 16 (25.81%) Stakeholder Management
9 14 (22.58%) Business Analysis
9 14 (22.58%) Machine Learning
10 13 (20.97%) Artificial Intelligence
10 13 (20.97%) Risk Management
10 13 (20.97%) Foreign Exchange (FX)
11 12 (19.35%) Equities
11 12 (19.35%) SDLC
11 12 (19.35%) Requirements Gathering
12 11 (17.74%) Analytics
12 11 (17.74%) Mathematics
12 11 (17.74%) Physics
12 11 (17.74%) PhD
13 10 (16.13%) C#
13 10 (16.13%) SQL
13 10 (16.13%) Exotic Derivative
13 10 (16.13%) Investment Banking
13 10 (16.13%) Advertising
13 10 (16.13%) Validation
13 10 (16.13%) Market Risk
13 10 (16.13%) Stochastic Calculus
13 10 (16.13%) Master's Degree

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 1 (1.61%) Apache
1 1 (1.61%) Apache Spark
1 1 (1.61%) Red Hat Fuse
Applications
1 3 (4.84%) Microsoft Excel
Business Applications
1 7 (11.29%) Loan IQ
2 3 (4.84%) Actimize
2 3 (4.84%) Endur
3 1 (1.61%) FINCAD Analytics
Cloud Services
1 3 (4.84%) AWS
2 2 (3.23%) Azure
Communications & Networking
1 2 (3.23%) CHAP
Database & Business Intelligence
1 6 (9.68%) SQL Server
2 3 (4.84%) SQL Server Analysis Services
2 3 (4.84%) SQL Server Integration Services
2 3 (4.84%) SQL Server Reporting Services
3 2 (3.23%) MongoDB
4 1 (1.61%) Big Data
4 1 (1.61%) Blockchain
4 1 (1.61%) Data Lake
4 1 (1.61%) Data Warehouse
4 1 (1.61%) MS Access
4 1 (1.61%) MySQL
4 1 (1.61%) NoSQL
4 1 (1.61%) RDBMS
4 1 (1.61%) Relational Database
Development Applications
1 3 (4.84%) JBehave
1 3 (4.84%) Selenium
2 1 (1.61%) Jenkins
General
1 38 (61.29%) Finance
2 20 (32.26%) Banking
3 10 (16.13%) Advertising
3 10 (16.13%) Investment Banking
4 9 (14.52%) Back Office
5 7 (11.29%) Legal
6 4 (6.45%) Front Office
7 1 (1.61%) Law
Job Titles
1 29 (46.77%) Analyst
2 17 (27.42%) Business Analyst
3 15 (24.19%) Developer
4 10 (16.13%) Architect
4 10 (16.13%) Quantitative Developer
5 9 (14.52%) Analyst Developer
5 9 (14.52%) Qualitative Analyst
5 9 (14.52%) Quantitative Analyst
5 9 (14.52%) Quantitative Analyst Developer
6 8 (12.90%) Solutions Architect
6 8 (12.90%) TOGAF Architect
7 7 (11.29%) Lead Architect
7 7 (11.29%) Lead Solutions Architect
7 7 (11.29%) MiFID Architect
8 6 (9.68%) Senior Developer
8 6 (9.68%) Senior Quantitative Developer
9 5 (8.06%) Business IT Analyst
9 5 (8.06%) Report Analyst
9 5 (8.06%) Senior Analyst
9 5 (8.06%) Senior Quantitative Analyst
Libraries, Frameworks & Software Standards
1 7 (11.29%) HTML
2 6 (9.68%) .NET
3 4 (6.45%) CSS
3 4 (6.45%) RabbitMQ
4 3 (4.84%) .NET Core
4 3 (4.84%) Bokeh
4 3 (4.84%) D3.js
4 3 (4.84%) FIX Protocol
4 3 (4.84%) REST
5 2 (3.23%) AngularJS
5 2 (3.23%) ASP.NET
5 2 (3.23%) ASP.NET MVC
5 2 (3.23%) Spring
5 2 (3.23%) WCF
5 2 (3.23%) Web Services
5 2 (3.23%) WinForms
6 1 (1.61%) Apache Camel
6 1 (1.61%) HTML5
6 1 (1.61%) Natural Language Processing
6 1 (1.61%) OSGi
Miscellaneous
1 13 (20.97%) Foreign Exchange (FX)
2 12 (19.35%) Equities
3 10 (16.13%) Exotic Derivative
3 10 (16.13%) Market Risk
4 7 (11.29%) Analytical Skills
5 3 (4.84%) Algorithms
5 3 (4.84%) Data Structures
6 2 (3.23%) Client/Server
6 2 (3.23%) SWIFT
7 1 (1.61%) Analytical Mindset
7 1 (1.61%) Clustering
7 1 (1.61%) Derivative
7 1 (1.61%) Enterprise Software
7 1 (1.61%) Fixed Income
Operating Systems
1 1 (1.61%) CoreOS
1 1 (1.61%) Linux
1 1 (1.61%) Unix
1 1 (1.61%) Windows
1 1 (1.61%) zOS
Processes & Methodologies
1 30 (48.39%) Agile Software Development
2 17 (27.42%) Waterfall
3 16 (25.81%) Stakeholder Management
4 14 (22.58%) Business Analysis
4 14 (22.58%) Machine Learning
5 13 (20.97%) Artificial Intelligence
5 13 (20.97%) Risk Management
6 12 (19.35%) Requirements Gathering
6 12 (19.35%) SDLC
7 11 (17.74%) Analytics
7 11 (17.74%) Mathematics
7 11 (17.74%) Physics
8 10 (16.13%) Stochastic Calculus
8 10 (16.13%) Validation
9 9 (14.52%) DevOps
9 9 (14.52%) Financial Modelling
10 8 (12.90%) TOGAF
11 7 (11.29%) Computer Science
11 7 (11.29%) Digital Transformation Programme
11 7 (11.29%) Migration
Programming Languages
1 16 (25.81%) Python
2 10 (16.13%) C#
2 10 (16.13%) SQL
3 7 (11.29%) Java
4 6 (9.68%) C++
4 6 (9.68%) JavaScript
4 6 (9.68%) R
5 3 (4.84%) PL/SQL
5 3 (4.84%) T-SQL
6 2 (3.23%) Java 8
6 2 (3.23%) MATLAB
7 1 (1.61%) C
7 1 (1.61%) Julia
7 1 (1.61%) Scala
Qualifications
1 18 (29.03%) Degree
2 11 (17.74%) PhD
3 10 (16.13%) Master's Degree
4 3 (4.84%) CBAP
4 3 (4.84%) Computer Science Degree
4 3 (4.84%) IIBA
4 3 (4.84%) ISEB
Quality Assurance & Compliance
1 40 (64.52%) EMIR
2 22 (35.48%) Dodd-Frank
3 4 (6.45%) QA
4 3 (4.84%) GDPR
5 2 (3.23%) Basel III
5 2 (3.23%) ISO 20022
5 2 (3.23%) ISO/IEC 27001
5 2 (3.23%) Sarbanes-Oxley
5 2 (3.23%) SEPA
System Software
1 2 (3.23%) Docker
Systems Management
1 1 (1.61%) Ansible
1 1 (1.61%) Kubernetes
1 1 (1.61%) Opscode Chef
1 1 (1.61%) Puppet
1 1 (1.61%) Terraform
Vendors
1 7 (11.29%) Murex
2 5 (8.06%) Bloomberg
2 5 (8.06%) Oracle
3 3 (4.84%) Microsoft
3 3 (4.84%) Tableau
4 2 (3.23%) Refinitiv
4 2 (3.23%) Trayport
5 1 (1.61%) Databricks
5 1 (1.61%) Foundry
5 1 (1.61%) FXall
5 1 (1.61%) Google
5 1 (1.61%) OpenLink
5 1 (1.61%) Tradeweb