Period
to 10 July 2020

The following table provides summary statistics for permanent job vacancies advertised in London 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 10 July 2020 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
England > London
6 months to
10 Jul 2020
Same period 2019 Same period 2018
Rank 531 595 619
Rank change year-on-year +64 +24 -164
Permanent jobs citing MiFID 54 165 244
As % of all permanent jobs advertised in London 0.17% 0.28% 0.34%
As % of the Quality Assurance & Compliance category 1.47% 2.22% 2.61%
Number of salaries quoted 45 106 168
Median annual salary £75,000 £72,500 £80,000
Median salary % change year-on-year +3.45% -9.38% +6.67%
10th Percentile £65,500 £56,250 £47,500
90th Percentile £101,750 £92,500 £120,000
England median annual salary £75,000 £72,500 £80,000
% change year-on-year +3.45% -9.38% +6.67%

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 London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Permanent vacancies with a requirement for quality assurance or compliance skills 3,677 7,418 9,352
As % of all permanent IT jobs advertised in London 11.42% 12.63% 12.99%
Number of salaries quoted 2,813 5,827 7,290
Median annual salary £65,000 £61,500 £60,000
Median salary % change year-on-year +5.69% +2.50% +4.35%
10th Percentile £39,000 £37,500 £35,250
90th Percentile £96,250 £93,750 £90,000
England median annual salary £55,000 £50,000 £50,000
% change year-on-year +10.00% - +5.26%

MiFID
Job Vacancy Trend in London

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

Job vacancy trend for MiFID in London

MiFID
Salary Trend in London

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

Salary trend for MiFID in London

MiFID
Salary Histogram in London

Salary distribution for jobs citing MiFID in London over the 6 months to 10 July 2020.

Salary histogram for MiFID in London

MiFID
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing MiFID within the London region over the 6 months to 10 July 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
Central London +88 16 £75,000 +7.14% 5
MiFID
England

For the 6 months to 10 July 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 London region with a requirement for MiFID.

1 37 (68.52%) EMIR
2 36 (66.67%) Finance
3 18 (33.33%) Foreign Exchange (FX)
3 18 (33.33%) Agile Software Development
4 15 (27.78%) Business Analysis
5 14 (25.93%) Waterfall
5 14 (25.93%) Dodd-Frank
6 13 (24.07%) Python
7 12 (22.22%) Banking
8 11 (20.37%) SDLC
9 10 (18.52%) Front Office
9 10 (18.52%) Back Office
9 10 (18.52%) Stakeholder Management
10 9 (16.67%) Fixed Income
10 9 (16.67%) V-Model
10 9 (16.67%) Analytical Skills
10 9 (16.67%) Requirements Gathering
11 8 (14.81%) Analytics
11 8 (14.81%) C#
12 7 (12.96%) SQL
12 7 (12.96%) Asset Management
12 7 (12.96%) Degree
13 6 (11.11%) Market Risk
13 6 (11.11%) Risk Management
13 6 (11.11%) Stochastic Calculus
13 6 (11.11%) Multithreading
13 6 (11.11%) R
13 6 (11.11%) Advertising
13 6 (11.11%) Validation
13 6 (11.11%) Equities

MiFID
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 1 (1.85%) Confluence
1 1 (1.85%) SAS
Applications
1 2 (3.70%) Microsoft Excel
2 1 (1.85%) Microsoft PowerPoint
2 1 (1.85%) Microsoft Project
2 1 (1.85%) MS Visio
Business Applications
1 3 (5.56%) Actimize
Cloud Services
1 2 (3.70%) AWS
Communications & Networking
1 3 (5.56%) CHAP
Database & Business Intelligence
1 2 (3.70%) Data Lake
1 2 (3.70%) Data Warehouse
1 2 (3.70%) MongoDB
2 1 (1.85%) MS Access
2 1 (1.85%) MySQL
2 1 (1.85%) NoSQL
2 1 (1.85%) Oracle BI EE
2 1 (1.85%) SQL Server
2 1 (1.85%) SQL Server Integration Services
2 1 (1.85%) SQL Server Reporting Services
General
1 36 (66.67%) Finance
2 12 (22.22%) Banking
3 10 (18.52%) Back Office
3 10 (18.52%) Front Office
4 6 (11.11%) Advertising
5 1 (1.85%) Investment Banking
5 1 (1.85%) Law
5 1 (1.85%) Legal
5 1 (1.85%) Marketing
Job Titles
1 30 (55.56%) Analyst
2 22 (40.74%) Business Analyst
3 14 (25.93%) Developer
4 11 (20.37%) Regulatory Business Analyst
5 7 (12.96%) Report Analyst
6 6 (11.11%) Quantitative Developer
6 6 (11.11%) Regulatory Reporting Business Analyst
6 6 (11.11%) Senior Analyst
7 5 (9.26%) Analyst Developer
7 5 (9.26%) C# Developer
7 5 (9.26%) Qualitative Analyst
7 5 (9.26%) Quantitative Analyst
7 5 (9.26%) Quantitative Analyst Developer
7 5 (9.26%) Report Developer
7 5 (9.26%) Senior Business Analyst
7 5 (9.26%) Senior Manager
8 4 (7.41%) Front Office Developer
8 4 (7.41%) Senior C# Developer
8 4 (7.41%) Senior Developer
9 3 (5.56%) Python Developer
Libraries, Frameworks & Software Standards
1 5 (9.26%) .NET
1 5 (9.26%) ASP.NET
1 5 (9.26%) ASP.NET MVC
1 5 (9.26%) WCF
2 3 (5.56%) Bokeh
2 3 (5.56%) D3.js
2 3 (5.56%) REST
3 2 (3.70%) FpML
3 2 (3.70%) HTML
3 2 (3.70%) Web Services
4 1 (1.85%) AngularJS
4 1 (1.85%) FIX Protocol
4 1 (1.85%) Flask
4 1 (1.85%) NumPy
4 1 (1.85%) Pandas
4 1 (1.85%) RabbitMQ
4 1 (1.85%) React
4 1 (1.85%) Spring
4 1 (1.85%) Swagger
4 1 (1.85%) WinForms
Miscellaneous
1 18 (33.33%) Foreign Exchange (FX)
2 9 (16.67%) Analytical Skills
2 9 (16.67%) Fixed Income
3 6 (11.11%) Equities
3 6 (11.11%) Market Risk
4 5 (9.26%) Exotic Derivative
5 3 (5.56%) Derivative
5 3 (5.56%) SWIFT
6 1 (1.85%) Analytical Mindset
6 1 (1.85%) Client/Server
6 1 (1.85%) Credit Risk
6 1 (1.85%) Hedge funds
6 1 (1.85%) OTC Derivatives
6 1 (1.85%) Reference Data
Operating Systems
1 2 (3.70%) Unix
Processes & Methodologies
1 18 (33.33%) Agile Software Development
2 15 (27.78%) Business Analysis
3 14 (25.93%) Waterfall
4 11 (20.37%) SDLC
5 10 (18.52%) Stakeholder Management
6 9 (16.67%) Requirements Gathering
6 9 (16.67%) V-Model
7 8 (14.81%) Analytics
8 7 (12.96%) Asset Management
9 6 (11.11%) Multithreading
9 6 (11.11%) Risk Management
9 6 (11.11%) Stochastic Calculus
9 6 (11.11%) Validation
10 5 (9.26%) Business Process Modelling
10 5 (9.26%) Data Architecture
10 5 (9.26%) Mathematics
10 5 (9.26%) MVC
10 5 (9.26%) Physics
10 5 (9.26%) Problem-Solving
10 5 (9.26%) UML
Programming Languages
1 13 (24.07%) Python
2 8 (14.81%) C#
3 7 (12.96%) SQL
4 6 (11.11%) R
5 3 (5.56%) C++
5 3 (5.56%) MATLAB
6 2 (3.70%) Java
7 1 (1.85%) Java 8
7 1 (1.85%) JavaScript
7 1 (1.85%) Perl
Qualifications
1 7 (12.96%) Degree
2 5 (9.26%) CBAP
2 5 (9.26%) IIBA
2 5 (9.26%) ISEB
2 5 (9.26%) Master's Degree
2 5 (9.26%) PhD
3 1 (1.85%) PMP
Quality Assurance & Compliance
1 37 (68.52%) EMIR
2 14 (25.93%) Dodd-Frank
3 3 (5.56%) Basel III
3 3 (5.56%) ISO 20022
3 3 (5.56%) SEPA
3 3 (5.56%) Solvency II
4 2 (3.70%) GDPR
5 1 (1.85%) AIFMD
5 1 (1.85%) Data Quality
System Software
1 1 (1.85%) Docker
Vendors
1 4 (7.41%) Bloomberg
1 4 (7.41%) Tableau
2 3 (5.56%) Refinitiv
3 1 (1.85%) Foundry
3 1 (1.85%) FXall
3 1 (1.85%) Oracle
3 1 (1.85%) Tradeweb