Period
to 3 April 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 3 April 2020 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK > England
6 months to
3 Apr 2020
Same period 2019 Same period 2018
Rank 871 851 912
Rank change year-on-year -20 +61 -166
Permanent jobs citing MiFID 75 217 271
As % of all permanent jobs advertised in England 0.070% 0.16% 0.16%
As % of the Quality Assurance & Compliance category 0.56% 1.12% 1.27%
Number of salaries quoted 58 132 183
Median annual salary £77,500 £73,750 £75,000
Median salary % change year-on-year +5.08% -1.67% -
10th Percentile £61,000 £55,000 £39,800
90th Percentile £107,500 £95,000 £110,000
UK median annual salary £77,500 £73,750 £72,500
% change year-on-year +5.08% +1.72% -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 13,343 19,403 21,332
As % of all permanent IT jobs advertised in England 12.41% 14.11% 12.87%
Number of salaries quoted 10,317 14,181 16,685
Median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £29,000 £28,000 £27,750
90th Percentile £85,000 £82,500 £80,000
UK median annual salary £52,500 £50,000 £50,000
% change year-on-year +5.00% - +5.26%

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 3 April 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 3 April 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 -63 62 £75,000 +1.69% 4
South East - 13 £105,000 -
MiFID
UK

For the 6 months to 3 April 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 56 (74.67%) Finance
2 44 (58.67%) EMIR
3 24 (32.00%) SQL
4 21 (28.00%) Foreign Exchange (FX)
4 21 (28.00%) Agile Software Development
4 21 (28.00%) Banking
4 21 (28.00%) Dodd-Frank
5 20 (26.67%) Python
6 15 (20.00%) Asset Management
6 15 (20.00%) Advertising
7 14 (18.67%) Degree
7 14 (18.67%) Project Management
7 14 (18.67%) Solvency II
8 13 (17.33%) Analytics
8 13 (17.33%) C#
9 12 (16.00%) Stakeholder Management
9 12 (16.00%) Fintech
9 12 (16.00%) GDPR
10 11 (14.67%) Waterfall
10 11 (14.67%) Risk Management
10 11 (14.67%) C++
11 10 (13.33%) PRINCE2
11 10 (13.33%) Front Office
11 10 (13.33%) Equities
11 10 (13.33%) Mathematics
11 10 (13.33%) Investment Management
12 9 (12.00%) Stochastic Calculus
12 9 (12.00%) Problem-Solving
12 9 (12.00%) Physics
12 9 (12.00%) SQL Server Reporting Services

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 (5.33%) SAS
2 3 (4.00%) Confluence
3 2 (2.67%) Apache Spark
3 2 (2.67%) SharePoint
4 1 (1.33%) IBM HTTP Server
Applications
1 8 (10.67%) Microsoft Excel
1 8 (10.67%) Microsoft PowerPoint
1 8 (10.67%) Microsoft Project
1 8 (10.67%) MS Visio
Business Applications
1 2 (2.67%) Dynamics AX
2 1 (1.33%) Markit EDM
Cloud Services
1 3 (4.00%) AWS
2 2 (2.67%) Azure
2 2 (2.67%) Cloud Computing
2 2 (2.67%) Dynamics 365
3 1 (1.33%) GCP
3 1 (1.33%) Power Platform
Communications & Networking
1 2 (2.67%) CHAP
1 2 (2.67%) WebEx
Database & Business Intelligence
1 9 (12.00%) SQL Server Reporting Services
2 7 (9.33%) SQL Server
3 5 (6.67%) SQL Server Integration Services
4 4 (5.33%) Snowflake Schema
5 3 (4.00%) Big Data
5 3 (4.00%) Oracle BI EE
6 2 (2.67%) Data Lake
6 2 (2.67%) Data Warehouse
6 2 (2.67%) SQL Server 2008
6 2 (2.67%) SQL Server 2016
7 1 (1.33%) BigQuery
7 1 (1.33%) Power BI
Development Applications
1 2 (2.67%) JIRA
2 1 (1.33%) JBehave
2 1 (1.33%) Selenium
General
1 56 (74.67%) Finance
2 21 (28.00%) Banking
3 15 (20.00%) Advertising
4 10 (13.33%) Front Office
5 9 (12.00%) Back Office
6 5 (6.67%) Investment Banking
6 5 (6.67%) Retail Banking
7 3 (4.00%) Financial Institution
7 3 (4.00%) Marketing
8 2 (2.67%) Law
8 2 (2.67%) Legal
9 1 (1.33%) Corporate Banking
9 1 (1.33%) French Language
9 1 (1.33%) German Language
9 1 (1.33%) Retail
Job Titles
1 28 (37.33%) Analyst
2 18 (24.00%) Business Analyst
3 9 (12.00%) Developer
3 9 (12.00%) Regulatory Business Analyst
4 8 (10.67%) Programme Manager
5 7 (9.33%) Qualitative Analyst
5 7 (9.33%) Quantitative Analyst
5 7 (9.33%) Report Developer
5 7 (9.33%) Senior Manager
5 7 (9.33%) Senior Programme Manager
6 6 (8.00%) Consultant
6 6 (8.00%) Senior Analyst
7 5 (6.67%) Python Engineer
7 5 (6.67%) Senior Business Analyst
8 4 (5.33%) C# Developer
8 4 (5.33%) Front Office Developer
8 4 (5.33%) Platform Engineer
8 4 (5.33%) Regulatory Reporting Business Analyst
8 4 (5.33%) Report Analyst
8 4 (5.33%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 6 (8.00%) .NET
2 5 (6.67%) Kafka
3 4 (5.33%) ASP.NET
3 4 (5.33%) ASP.NET MVC
3 4 (5.33%) WCF
4 3 (4.00%) Web Services
5 2 (2.67%) FIX Protocol
5 2 (2.67%) FpML
6 1 (1.33%) Natural Language Processing
6 1 (1.33%) NumPy
6 1 (1.33%) Pandas
6 1 (1.33%) PySpark
6 1 (1.33%) REST
6 1 (1.33%) XML
Miscellaneous
1 21 (28.00%) Foreign Exchange (FX)
2 10 (13.33%) Equities
3 9 (12.00%) Fixed Income
4 8 (10.67%) Analytical Skills
4 8 (10.67%) Credit Risk
4 8 (10.67%) Hedge funds
4 8 (10.67%) Market Risk
5 7 (9.33%) Exotic Derivative
6 3 (4.00%) Derivative
6 3 (4.00%) Greenfield Project
6 3 (4.00%) Reference Data
7 2 (2.67%) Driving Licence
7 2 (2.67%) OTC Derivatives
7 2 (2.67%) SWIFT
8 1 (1.33%) Algorithms
8 1 (1.33%) Swaptions
Operating Systems
1 4 (5.33%) Unix
2 2 (2.67%) Windows
Processes & Methodologies
1 21 (28.00%) Agile Software Development
2 15 (20.00%) Asset Management
3 14 (18.67%) Project Management
4 13 (17.33%) Analytics
5 12 (16.00%) Fintech
5 12 (16.00%) Stakeholder Management
6 11 (14.67%) Risk Management
6 11 (14.67%) Waterfall
7 10 (13.33%) Investment Management
7 10 (13.33%) Mathematics
7 10 (13.33%) PRINCE2
8 9 (12.00%) Physics
8 9 (12.00%) Problem-Solving
8 9 (12.00%) Stochastic Calculus
9 8 (10.67%) Business Analysis
9 8 (10.67%) Credit Risk Management
9 8 (10.67%) Validation
10 7 (9.33%) Computer Science
10 7 (9.33%) Financial Modelling
11 5 (6.67%) Wealth Management
Programming Languages
1 24 (32.00%) SQL
2 20 (26.67%) Python
3 13 (17.33%) C#
4 11 (14.67%) C++
5 8 (10.67%) R
6 7 (9.33%) MATLAB
7 4 (5.33%) Java
8 2 (2.67%) C
9 1 (1.33%) Perl
9 1 (1.33%) Scala
9 1 (1.33%) VBA
Qualifications
1 14 (18.67%) Degree
2 9 (12.00%) PhD
2 9 (12.00%) PMP
3 7 (9.33%) Master's Degree
4 2 (2.67%) CBAP
4 2 (2.67%) IIBA
4 2 (2.67%) ISEB
5 1 (1.33%) PMI Certification
5 1 (1.33%) PRINCE2 Certification
5 1 (1.33%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 44 (58.67%) EMIR
2 21 (28.00%) Dodd-Frank
3 14 (18.67%) Solvency II
4 12 (16.00%) GDPR
5 3 (4.00%) Data Quality
6 2 (2.67%) AIFMD
6 2 (2.67%) Basel III
6 2 (2.67%) ISO 20022
6 2 (2.67%) QA
6 2 (2.67%) SEPA
7 1 (1.33%) FATCA
7 1 (1.33%) IFRS
System Software
1 4 (5.33%) Docker
Systems Management
1 4 (5.33%) Kubernetes
Vendors
1 6 (8.00%) Tableau
2 3 (4.00%) Bloomberg
3 2 (2.67%) JD Edwards
3 2 (2.67%) Microsoft
4 1 (1.33%) Cognizant
4 1 (1.33%) Oracle