Period
to 20 April 2021

The table below looks at the prevalence of the term Market Risk in permanent job vacancies advertised in London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Market Risk over the 6 months to 20 April 2021 with a comparison to the same period over the previous 2 years.

Market Risk
England > London
6 months to
20 Apr 2021
Same period 2020 Same period 2019
Rank 426 577 615
Rank change year-on-year +151 +38 +53
Permanent jobs citing Market Risk 138 101 157
As % of all permanent jobs advertised in London 0.44% 0.22% 0.26%
As % of the Miscellaneous category 1.02% 0.53% 0.62%
Number of salaries quoted 94 81 122
10th Percentile £61,625 £64,029 £45,000
25th Percentile £70,625 £70,000 £56,563
Median annual salary (50th Percentile) £85,000 £87,500 £73,750
Median % change year-on-year -2.86% +18.64% -18.06%
75th Percentile £95,000 £105,000 £91,875
90th Percentile £113,500 £113,750 £105,000
England median annual salary £85,000 £87,500 £73,750
% change year-on-year -2.86% +18.64% -18.06%

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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Permanent vacancies with a requirement for generic IT skills 13,496 19,098 25,463
As % of all permanent IT jobs advertised in London 43.27% 42.10% 41.92%
Number of salaries quoted 10,284 14,985 20,159
10th Percentile £42,500 £37,500 £35,000
25th Percentile £52,500 £50,000 £47,500
Median annual salary (50th Percentile) £70,000 £67,500 £65,000
Median % change year-on-year +3.70% +3.85% +8.33%
75th Percentile £90,000 £87,500 £82,500
90th Percentile £110,000 £112,500 £100,000
England median annual salary £57,500 £55,000 £52,500
% change year-on-year +4.55% +4.76% +5.00%

Market Risk
Job Vacancy Trend in London

Job postings citing Market Risk as a proportion of all IT jobs advertised in London.

Job vacancy trend for Market Risk in London

Market Risk
Salary Trend in London

3-month moving average salary quoted in jobs citing Market Risk in London.

Salary trend for Market Risk in London

Market Risk
Salary Histogram in London

Salary distribution for jobs citing Market Risk in London over the 6 months to 20 April 2021.

Salary histogram for Market Risk in London

Market Risk
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Market Risk within the London region over the 6 months to 20 April 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
Central London +68 18 £82,500 +10.00% 8
Market Risk
England

For the 6 months to 20 April 2021, 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 London region with a requirement for Market Risk.

1 102 (73.91%) Finance
2 79 (57.25%) Front Office
3 71 (51.45%) Python
4 62 (44.93%) Risk Management
5 57 (41.30%) Agile Software Development
5 57 (41.30%) Banking
6 54 (39.13%) Java
7 52 (37.68%) Equities
8 46 (33.33%) Derivative
9 43 (31.16%) Fixed Income
10 37 (26.81%) Investment Banking
11 34 (24.64%) Foreign Exchange (FX)
11 34 (24.64%) Azure
11 34 (24.64%) AWS
12 30 (21.74%) GCP
13 29 (21.01%) Analytical Skills
14 26 (18.84%) C++
15 24 (17.39%) TDD
15 24 (17.39%) Analytics
16 23 (16.67%) Asset Management
16 23 (16.67%) Mathematics
17 22 (15.94%) Spring
18 21 (15.22%) Financial Institution
18 21 (15.22%) Git (software)
18 21 (15.22%) Backtesting
19 20 (14.49%) Software Engineering
20 19 (13.77%) Credit Risk
20 19 (13.77%) Kubernetes
20 19 (13.77%) Hedge funds
21 18 (13.04%) Multithreading

Market Risk
Co-occurring IT Skills in 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 14 (10.14%) Apache Spark
2 10 (7.25%) Apache
3 7 (5.07%) Elasticsearch
4 3 (2.17%) Confluence
4 3 (2.17%) DataSynapse
Applications
1 11 (7.97%) Microsoft Excel
2 1 (0.72%) Microsoft Office
2 1 (0.72%) Microsoft PowerPoint
Business Applications
1 9 (6.52%) FINCAD Analytics
2 1 (0.72%) Actimize
Cloud Services
1 34 (24.64%) AWS
1 34 (24.64%) Azure
2 30 (21.74%) GCP
3 11 (7.97%) OpenShift
4 8 (5.80%) Azure Data Factory
Database & Business Intelligence
1 16 (11.59%) Data Mart
2 12 (8.70%) Big Data
3 9 (6.52%) Hadoop
4 8 (5.80%) Data Lake
5 2 (1.45%) Apache Ignite
5 2 (1.45%) Hazelcast
5 2 (1.45%) KDB
5 2 (1.45%) Kdb+
6 1 (0.72%) Azure SQL Database
6 1 (0.72%) MongoDB
6 1 (0.72%) MS Access
6 1 (0.72%) Redis
6 1 (0.72%) SQL Server
Development Applications
1 21 (15.22%) Git (software)
2 14 (10.14%) Subversion
3 7 (5.07%) Artifactory
3 7 (5.07%) Maven
3 7 (5.07%) SonarQube
4 3 (2.17%) JIRA
General
1 102 (73.91%) Finance
2 79 (57.25%) Front Office
3 57 (41.30%) Banking
4 37 (26.81%) Investment Banking
5 21 (15.22%) Financial Institution
6 13 (9.42%) Advertising
7 6 (4.35%) Back Office
7 6 (4.35%) Legal
8 3 (2.17%) Retail
8 3 (2.17%) Retail Finance
9 1 (0.72%) Marketing
Job Titles
1 81 (58.70%) Developer
2 34 (24.64%) Analyst
2 34 (24.64%) Market Risk Developer
3 28 (20.29%) Quantitative Developer
4 26 (18.84%) Business Analyst
5 25 (18.12%) Python Developer
6 20 (14.49%) Java Developer
7 18 (13.04%) Finance Manager
8 16 (11.59%) Murex Analyst
8 16 (11.59%) Murex Business Analyst
9 15 (10.87%) Investment Banking Business Analyst
10 14 (10.14%) C++ Developer
11 13 (9.42%) C++ Quantitative Developer
12 12 (8.70%) Senior Developer
13 9 (6.52%) Market Risk C++ Developer
14 8 (5.80%) Applications Support
14 8 (5.80%) Data Engineer
14 8 (5.80%) Qualitative Analyst
14 8 (5.80%) Quantitative Analyst
15 7 (5.07%) C# Developer
Libraries, Frameworks & Software Standards
1 22 (15.94%) Spring
2 18 (13.04%) Node.js
2 18 (13.04%) React
3 16 (11.59%) Murex MxML
4 13 (9.42%) Spring Boot
5 12 (8.70%) NumPy
5 12 (8.70%) SciPy
6 11 (7.97%) Kafka
7 6 (4.35%) .NET
8 3 (2.17%) Murex Flex
9 2 (1.45%) FIX Protocol
10 1 (0.72%) Akka
10 1 (0.72%) JMS
Miscellaneous
1 52 (37.68%) Equities
2 46 (33.33%) Derivative
3 43 (31.16%) Fixed Income
4 34 (24.64%) Foreign Exchange (FX)
5 29 (21.01%) Analytical Skills
6 19 (13.77%) Credit Risk
6 19 (13.77%) Hedge funds
7 18 (13.04%) Greenfield Project
8 9 (6.52%) Exotic Derivative
9 7 (5.07%) Equity Derivative
9 7 (5.07%) Video\Live Streaming
10 6 (4.35%) Linux Command Line
11 4 (2.90%) Virtual Team
12 3 (2.17%) Cloud Native
12 3 (2.17%) Hybrid Cloud
12 3 (2.17%) Management Information System
12 3 (2.17%) Public Cloud
12 3 (2.17%) Taxonomies
13 2 (1.45%) Algorithms
13 2 (1.45%) Hybrid Derivative
Operating Systems
1 7 (5.07%) Linux
2 3 (2.17%) Unix
3 1 (0.72%) Windows
Processes & Methodologies
1 62 (44.93%) Risk Management
2 57 (41.30%) Agile Software Development
3 24 (17.39%) Analytics
3 24 (17.39%) TDD
4 23 (16.67%) Asset Management
4 23 (16.67%) Mathematics
5 21 (15.22%) Backtesting
6 20 (14.49%) Software Engineering
7 18 (13.04%) Multithreading
7 18 (13.04%) Portfolio Management
7 18 (13.04%) Problem-Solving
8 16 (11.59%) Low Latency
9 13 (9.42%) Stakeholder Management
10 12 (8.70%) Financial Modelling
11 11 (7.97%) Machine Learning
12 10 (7.25%) DevOps
12 10 (7.25%) Physics
13 9 (6.52%) Artificial Intelligence
13 9 (6.52%) Stochastic Calculus
13 9 (6.52%) Validation
Programming Languages
1 71 (51.45%) Python
2 54 (39.13%) Java
3 26 (18.84%) C++
4 18 (13.04%) JavaScript
5 13 (9.42%) C#
5 13 (9.42%) Scala
6 12 (8.70%) SQL
7 9 (6.52%) VBA
8 6 (4.35%) MATLAB
8 6 (4.35%) R
8 6 (4.35%) Shell Script
9 2 (1.45%) F#
9 2 (1.45%) Julia
10 1 (0.72%) Bash Shell
10 1 (0.72%) Perl
10 1 (0.72%) Ruby
Qualifications
1 16 (11.59%) Degree
2 9 (6.52%) Master's Degree
2 9 (6.52%) PhD
3 1 (0.72%) Computer Science Degree
Quality Assurance & Compliance
1 12 (8.70%) MiFID
2 11 (7.97%) Dodd-Frank
3 9 (6.52%) EMIR
3 9 (6.52%) QA
4 8 (5.80%) Basel II
5 5 (3.62%) CRD IV
6 3 (2.17%) Basel III
System Software
1 8 (5.80%) Docker
2 7 (5.07%) Virtual Machines
3 1 (0.72%) Platform Symphony
Systems Management
1 19 (13.77%) Kubernetes
Vendors
1 16 (11.59%) Murex
2 10 (7.25%) Google
3 8 (5.80%) Databricks
4 4 (2.90%) Microsoft
5 3 (2.17%) Bloomberg
5 3 (2.17%) Solace
6 2 (1.45%) Oracle
6 2 (1.45%) Reuters