Period
to 29 October 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 29 October 2020 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
England > London
6 months to
29 Oct 2020
Same period 2019 Same period 2018
Rank 402 664 610
Rank change year-on-year +262 -54 -99
Permanent jobs citing MiFID 64 78 210
As % of all permanent jobs advertised in London 0.32% 0.14% 0.31%
As % of the Quality Assurance & Compliance category 2.85% 1.16% 2.44%
Number of salaries quoted 53 66 150
Median annual salary £72,500 £72,500 £85,000
Median salary % change year-on-year - -14.71% +13.33%
10th Percentile £41,250 £59,375 £50,000
90th Percentile £97,000 £104,375 £120,000
England median annual salary £72,500 £75,000 £85,000
% change year-on-year -3.33% -11.76% +13.33%

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 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 2,249 6,749 8,595
As % of all permanent IT jobs advertised in London 11.27% 12.27% 12.63%
Number of salaries quoted 1,839 5,265 6,731
Median annual salary £65,000 £60,000 £60,000
Median salary % change year-on-year +8.33% - -
10th Percentile £41,250 £36,250 £33,750
90th Percentile £97,500 £92,500 £90,000
England median annual salary £55,000 £50,000 £50,000
% change year-on-year +10.00% - -

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 29 October 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 29 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
Central London +156 19 £75,000 +3.45%
MiFID
England

For the 6 months to 29 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 London region with a requirement for MiFID.

1 44 (68.75%) EMIR
2 36 (56.25%) Finance
3 35 (54.69%) Agile Software Development
4 26 (40.63%) Dodd-Frank
5 25 (39.06%) Banking
6 19 (29.69%) Stakeholder Management
6 19 (29.69%) Waterfall
7 17 (26.56%) Business Analysis
7 17 (26.56%) Degree
8 16 (25.00%) Machine Learning
9 15 (23.44%) Artificial Intelligence
9 15 (23.44%) Python
10 13 (20.31%) Investment Banking
10 13 (20.31%) Analytics
11 12 (18.75%) DevOps
11 12 (18.75%) SDLC
11 12 (18.75%) Requirements Gathering
11 12 (18.75%) Equities
11 12 (18.75%) Foreign Exchange (FX)
11 12 (18.75%) Risk Management
12 10 (15.63%) PhD
12 10 (15.63%) SQL
12 10 (15.63%) TOGAF
12 10 (15.63%) Mathematics
12 10 (15.63%) Physics
13 9 (14.06%) Master's Degree
13 9 (14.06%) Digital Transformation Programme
13 9 (14.06%) Market Risk
13 9 (14.06%) Stochastic Calculus
13 9 (14.06%) Loan IQ

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 (1.56%) Apache
1 1 (1.56%) Apache Spark
1 1 (1.56%) Red Hat Fuse
Applications
1 3 (4.69%) Microsoft Excel
Business Applications
1 9 (14.06%) Loan IQ
2 3 (4.69%) Actimize
2 3 (4.69%) Endur
3 1 (1.56%) FINCAD Analytics
Cloud Services
1 4 (6.25%) AWS
2 3 (4.69%) Azure
Communications & Networking
1 2 (3.13%) CHAP
Database & Business Intelligence
1 6 (9.38%) SQL Server
2 3 (4.69%) SQL Server Analysis Services
2 3 (4.69%) SQL Server Integration Services
2 3 (4.69%) SQL Server Reporting Services
2 3 (4.69%) Tableau
3 2 (3.13%) MongoDB
4 1 (1.56%) Big Data
4 1 (1.56%) Blockchain
4 1 (1.56%) Data Lake
4 1 (1.56%) Data Warehouse
4 1 (1.56%) MS Access
4 1 (1.56%) MySQL
4 1 (1.56%) NoSQL
4 1 (1.56%) RDBMS
4 1 (1.56%) Relational Database
Development Applications
1 3 (4.69%) JBehave
1 3 (4.69%) Selenium
2 1 (1.56%) Jenkins
General
1 36 (56.25%) Finance
2 25 (39.06%) Banking
3 13 (20.31%) Investment Banking
4 9 (14.06%) Advertising
4 9 (14.06%) Back Office
4 9 (14.06%) Legal
5 5 (7.81%) Front Office
6 1 (1.56%) Law
Job Titles
1 30 (46.88%) Analyst
2 19 (29.69%) Business Analyst
3 14 (21.88%) Developer
4 10 (15.63%) Architect
4 10 (15.63%) Solutions Architect
4 10 (15.63%) TOGAF Architect
5 9 (14.06%) MiFID Architect
5 9 (14.06%) Quantitative Developer
6 8 (12.50%) Analyst Developer
6 8 (12.50%) Lead Architect
6 8 (12.50%) Lead Solutions Architect
6 8 (12.50%) Qualitative Analyst
6 8 (12.50%) Quantitative Analyst
6 8 (12.50%) Quantitative Analyst Developer
7 6 (9.38%) Senior Developer
7 6 (9.38%) Senior Quantitative Developer
8 5 (7.81%) Business IT Analyst
8 5 (7.81%) Report Analyst
8 5 (7.81%) Senior Analyst
8 5 (7.81%) Senior Analyst Developer
Libraries, Frameworks & Software Standards
1 7 (10.94%) .NET
1 7 (10.94%) HTML
2 4 (6.25%) CSS
2 4 (6.25%) RabbitMQ
3 3 (4.69%) .NET Core
3 3 (4.69%) Bokeh
3 3 (4.69%) D3.js
3 3 (4.69%) FIX Protocol
3 3 (4.69%) REST
4 2 (3.13%) AngularJS
4 2 (3.13%) ASP.NET
4 2 (3.13%) ASP.NET MVC
4 2 (3.13%) Spring
4 2 (3.13%) WCF
4 2 (3.13%) Web Services
4 2 (3.13%) WinForms
5 1 (1.56%) Hibernate
5 1 (1.56%) HTML5
5 1 (1.56%) JDBC
5 1 (1.56%) JMS
Miscellaneous
1 12 (18.75%) Equities
1 12 (18.75%) Foreign Exchange (FX)
2 9 (14.06%) Exotic Derivative
2 9 (14.06%) Market Risk
3 7 (10.94%) Analytical Skills
4 3 (4.69%) Algorithms
4 3 (4.69%) Data Structures
5 2 (3.13%) Client/Server
5 2 (3.13%) SWIFT
6 1 (1.56%) Analytical Mindset
6 1 (1.56%) Clustering
6 1 (1.56%) Derivative
6 1 (1.56%) Enterprise Software
6 1 (1.56%) Fixed Income
Operating Systems
1 2 (3.13%) CoreOS
1 2 (3.13%) Linux
1 2 (3.13%) Unix
1 2 (3.13%) Windows
1 2 (3.13%) zOS
Processes & Methodologies
1 35 (54.69%) Agile Software Development
2 19 (29.69%) Stakeholder Management
2 19 (29.69%) Waterfall
3 17 (26.56%) Business Analysis
4 16 (25.00%) Machine Learning
5 15 (23.44%) Artificial Intelligence
6 13 (20.31%) Analytics
7 12 (18.75%) DevOps
7 12 (18.75%) Requirements Gathering
7 12 (18.75%) Risk Management
7 12 (18.75%) SDLC
8 10 (15.63%) Mathematics
8 10 (15.63%) Physics
8 10 (15.63%) TOGAF
9 9 (14.06%) Digital Transformation Programme
9 9 (14.06%) Stochastic Calculus
9 9 (14.06%) Validation
10 8 (12.50%) Financial Modelling
11 7 (10.94%) Computer Science
11 7 (10.94%) Migration
Programming Languages
1 15 (23.44%) Python
2 10 (15.63%) SQL
3 9 (14.06%) C#
4 8 (12.50%) Java
5 6 (9.38%) JavaScript
6 5 (7.81%) C++
6 5 (7.81%) R
7 3 (4.69%) PL/SQL
7 3 (4.69%) T-SQL
8 2 (3.13%) Java 8
9 1 (1.56%) C
9 1 (1.56%) Julia
9 1 (1.56%) MATLAB
9 1 (1.56%) Scala
Qualifications
1 17 (26.56%) Degree
2 10 (15.63%) PhD
3 9 (14.06%) Master's Degree
4 3 (4.69%) CBAP
4 3 (4.69%) Computer Science Degree
4 3 (4.69%) IIBA
4 3 (4.69%) ISEB
Quality Assurance & Compliance
1 44 (68.75%) EMIR
2 26 (40.63%) Dodd-Frank
3 4 (6.25%) QA
4 2 (3.13%) Basel III
4 2 (3.13%) ISO 20022
4 2 (3.13%) SEPA
System Software
1 3 (4.69%) Docker
Systems Management
1 2 (3.13%) Ansible
1 2 (3.13%) Kubernetes
1 2 (3.13%) Opscode Chef
1 2 (3.13%) Puppet
1 2 (3.13%) Terraform
Vendors
1 9 (14.06%) Murex
2 5 (7.81%) Bloomberg
2 5 (7.81%) Oracle
3 3 (4.69%) Microsoft
4 2 (3.13%) Google
4 2 (3.13%) Refinitiv
4 2 (3.13%) Trayport
5 1 (1.56%) Databricks
5 1 (1.56%) Foundry
5 1 (1.56%) FXall
5 1 (1.56%) OpenLink
5 1 (1.56%) Tradeweb