Period
to 12 December 2019

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 12 December 2019 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK > England
6 months to
12 Dec 2019
Same period 2018 Same period 2017
Rank 935 925 873
Rank change year-on-year -10 -52 -78
Permanent jobs citing MiFID 91 188 329
As % of all permanent IT jobs advertised in England 0.074% 0.13% 0.20%
As % of the Quality Assurance & Compliance category 0.58% 0.92% 1.54%
Number of salaries quoted 73 133 183
England median annual salary £85,000 £85,000 £72,500
Median salary % change year-on-year - +17.24% -3.33%
10th Percentile £57,750 £53,750 £48,750
90th Percentile £107,500 £115,000 £99,000
UK median annual salary £85,000 £85,000 £72,500
% change year-on-year - +17.24% -3.33%

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 15,728 20,328 21,392
As % of all permanent IT jobs advertised in England 12.79% 13.71% 12.73%
Number of salaries quoted 12,111 15,265 16,205
England median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - -
10th Percentile £28,500 £28,500 £27,500
90th Percentile £83,750 £80,000 £78,750
UK median annual salary £50,000 £50,000 £50,000

MiFID
Job Vacancy Trend in England

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

Job vacancy trend for MiFID in England

MiFID
Salary Trend in England

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing MiFID in England.

Salary trend for MiFID in England

MiFID
Salary Histogram in England

The salary distribution of IT jobs citing MiFID in England over the 6 months to 12 December 2019.

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 12 December 2019. 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 -24 72 £77,500 -8.82% 3
South East - 16 £105,000 - 2
East of England - 2 £95,000 -
North of England +48 1 £52,500 -
Yorkshire - 1 £52,500 -
MiFID
UK

For the 6 months to 12 December 2019, 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 73 (80.22%) Finance
2 62 (68.13%) EMIR
3 35 (38.46%) Agile Software Development
4 29 (31.87%) Banking
4 29 (31.87%) SQL
5 28 (30.77%) Python
6 27 (29.67%) Dodd-Frank
7 24 (26.37%) Advertising
8 23 (25.27%) Investment Management
9 22 (24.18%) Project Management
10 21 (23.08%) GDPR
11 20 (21.98%) PRINCE2
12 19 (20.88%) Foreign Exchange (FX)
12 19 (20.88%) Solvency II
13 18 (19.78%) Matrix Management
13 18 (19.78%) Microsoft Project
13 18 (19.78%) Matrix Organization
14 17 (18.68%) Stakeholder Management
15 16 (17.58%) Asset Management
15 16 (17.58%) PMP
15 16 (17.58%) Degree
16 15 (16.48%) Waterfall
16 15 (16.48%) MS Visio
16 15 (16.48%) Microsoft Excel
16 15 (16.48%) SQL Server Reporting Services
16 15 (16.48%) Microsoft PowerPoint
16 15 (16.48%) Problem-Solving
17 14 (15.38%) Equities
17 14 (15.38%) C++
17 14 (15.38%) Fintech

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 4 (4.40%) Confluence
2 3 (3.30%) Apache Spark
3 2 (2.20%) Apache
3 2 (2.20%) Elasticsearch
3 2 (2.20%) SharePoint
4 1 (1.10%) IBM HTTP Server
Applications
1 18 (19.78%) Microsoft Project
2 15 (16.48%) Microsoft Excel
2 15 (16.48%) Microsoft PowerPoint
2 15 (16.48%) MS Visio
3 1 (1.10%) Microsoft Office
Business Applications
1 2 (2.20%) Dynamics AX
2 1 (1.10%) Markit EDM
Cloud Services
1 7 (7.69%) AWS
2 4 (4.40%) Azure
3 3 (3.30%) Amazon EC2
3 3 (3.30%) Amazon S3
3 3 (3.30%) AWS Lambda
3 3 (3.30%) Office 365
3 3 (3.30%) Serverless
4 2 (2.20%) Cloud Computing
4 2 (2.20%) Dynamics 365
4 2 (2.20%) GCP
5 1 (1.10%) Power Platform
Communications & Networking
1 3 (3.30%) Firewall
1 3 (3.30%) Internet
1 3 (3.30%) Network Security
2 2 (2.20%) WebEx
Database & Business Intelligence
1 15 (16.48%) SQL Server Reporting Services
2 13 (14.29%) SQL Server
3 11 (12.09%) SQL Server Integration Services
4 4 (4.40%) Snowflake Schema
5 3 (3.30%) Big Data
6 2 (2.20%) Relational Database
6 2 (2.20%) SQL Server 2008
6 2 (2.20%) SQL Server 2016
7 1 (1.10%) BigQuery
7 1 (1.10%) Power BI
Development Applications
1 4 (4.40%) JIRA
2 3 (3.30%) Atlassian Bamboo
2 3 (3.30%) Cucumber
2 3 (3.30%) Maven
3 2 (2.20%) Git (software)
3 2 (2.20%) GitLab
3 2 (2.20%) Jenkins
3 2 (2.20%) TeamCity
General
1 73 (80.22%) Finance
2 29 (31.87%) Banking
3 24 (26.37%) Advertising
4 12 (13.19%) Investment Banking
5 6 (6.59%) Retail Banking
6 5 (5.49%) Back Office
7 3 (3.30%) Corporate Banking
7 3 (3.30%) Financial Institution
7 3 (3.30%) Front Office
7 3 (3.30%) Marketing
8 2 (2.20%) Legal
9 1 (1.10%) French Language
9 1 (1.10%) German Language
9 1 (1.10%) Law
9 1 (1.10%) Retail
Job Titles
1 21 (23.08%) Analyst
2 13 (14.29%) Programme Manager
3 11 (12.09%) Developer
4 10 (10.99%) Business Analyst
4 10 (10.99%) Qualitative Analyst
4 10 (10.99%) Quantitative Analyst
5 9 (9.89%) Consultant
5 9 (9.89%) Senior Manager
6 7 (7.69%) Senior Programme Manager
7 6 (6.59%) Financial Analyst
7 6 (6.59%) Report Developer
8 5 (5.49%) Finance Business Analyst
8 5 (5.49%) Financial Business Analyst
8 5 (5.49%) Product Manager
8 5 (5.49%) Service Analyst
9 4 (4.40%) Financial Services Business Analyst
9 4 (4.40%) MiFID Consultant
9 4 (4.40%) Project Manager
9 4 (4.40%) Python Engineer
9 4 (4.40%) SQL Developer
Libraries, Frameworks & Software Standards
1 5 (5.49%) Kafka
2 3 (3.30%) .NET
2 3 (3.30%) FIX Protocol
2 3 (3.30%) Web Services
3 2 (2.20%) AngularJS
3 2 (2.20%) React
3 2 (2.20%) RESTful
3 2 (2.20%) XML
4 1 (1.10%) .NET Framework
4 1 (1.10%) ASP.NET
4 1 (1.10%) ASP.NET MVC
4 1 (1.10%) FpML
4 1 (1.10%) jQuery
4 1 (1.10%) Natural Language Processing
4 1 (1.10%) RequireJS
Miscellaneous
1 19 (20.88%) Foreign Exchange (FX)
2 14 (15.38%) Equities
3 13 (14.29%) Hedge funds
4 12 (13.19%) Derivative
5 10 (10.99%) Credit Risk
5 10 (10.99%) Exotic Derivative
5 10 (10.99%) Market Risk
6 9 (9.89%) Analytical Skills
7 6 (6.59%) Greenfield Project
8 5 (5.49%) Fixed Income
8 5 (5.49%) Self-Motivation
9 2 (2.20%) Driving Licence
9 2 (2.20%) Enterprise Software
9 2 (2.20%) OTC Derivatives
10 1 (1.10%) Cloud Native
10 1 (1.10%) N-Tier
10 1 (1.10%) Reference Data
10 1 (1.10%) Swaptions
10 1 (1.10%) User Experience
Operating Systems
1 9 (9.89%) Unix
2 8 (8.79%) Windows
3 6 (6.59%) Linux
4 3 (3.30%) Windows Server
4 3 (3.30%) Windows Server 2012
Processes & Methodologies
1 35 (38.46%) Agile Software Development
2 23 (25.27%) Investment Management
3 22 (24.18%) Project Management
4 20 (21.98%) PRINCE2
5 18 (19.78%) Matrix Management
5 18 (19.78%) Matrix Organization
6 17 (18.68%) Stakeholder Management
7 16 (17.58%) Asset Management
8 15 (16.48%) Problem-Solving
8 15 (16.48%) Waterfall
9 14 (15.38%) Fintech
10 13 (14.29%) Risk Management
11 12 (13.19%) Mathematics
12 11 (12.09%) Physics
12 11 (12.09%) Stochastic Calculus
13 10 (10.99%) Analytics
13 10 (10.99%) Credit Risk Management
13 10 (10.99%) Financial Modelling
13 10 (10.99%) Validation
14 9 (9.89%) ETL
Programming Languages
1 29 (31.87%) SQL
2 28 (30.77%) Python
3 14 (15.38%) C++
4 13 (14.29%) C#
5 10 (10.99%) MATLAB
5 10 (10.99%) R
6 7 (7.69%) Java
7 5 (5.49%) C
7 5 (5.49%) VBA
8 3 (3.30%) Java 8
8 3 (3.30%) PowerShell
9 2 (2.20%) JavaScript
10 1 (1.10%) Kotlin
10 1 (1.10%) Scala
Qualifications
1 16 (17.58%) Degree
1 16 (17.58%) PMP
2 11 (12.09%) PhD
3 10 (10.99%) Master's Degree
4 3 (3.30%) (ISC)2 CCSP
4 3 (3.30%) CCSP
4 3 (3.30%) CISA
4 3 (3.30%) Cisco Certification
4 3 (3.30%) CISSP
4 3 (3.30%) CompTIA Security+
5 1 (1.10%) PMI Certification
5 1 (1.10%) PRINCE2 Certification
5 1 (1.10%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 62 (68.13%) EMIR
2 27 (29.67%) Dodd-Frank
3 21 (23.08%) GDPR
4 19 (20.88%) Solvency II
5 3 (3.30%) IFRS
6 2 (2.20%) PSD2
6 2 (2.20%) QA
7 1 (1.10%) AIFMD
7 1 (1.10%) FATCA
7 1 (1.10%) FINRA
System Software
1 4 (4.40%) Docker
2 3 (3.30%) Active Directory
Systems Management
1 4 (4.40%) Kubernetes
Vendors
1 6 (6.59%) Tableau
2 4 (4.40%) Bloomberg
3 3 (3.30%) Cisco
3 3 (3.30%) Microsoft
3 3 (3.30%) Oracle
3 3 (3.30%) VMware
4 2 (2.20%) Google
4 2 (2.20%) JD Edwards
5 1 (1.10%) Cognizant
5 1 (1.10%) Murex
5 1 (1.10%) Salesforce.com