Period
to 23 April 2021

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 23 April 2021 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
England > London
6 months to
23 Apr 2021
Same period 2020 Same period 2019
Rank 469 622 564
Rank change year-on-year +153 -58 +27
Permanent jobs citing MiFID 97 56 212
As % of all permanent jobs advertised in London 0.31% 0.13% 0.35%
As % of the Quality Assurance & Compliance category 2.62% 1.08% 2.63%
Number of salaries quoted 66 43 131
10th Percentile £55,000 £65,250 £56,250
25th Percentile £60,000 £67,500 £59,375
Median annual salary (50th Percentile) £82,500 £75,000 £72,500
Median % change year-on-year +10.00% +3.45% -3.33%
75th Percentile £91,875 £95,000 £90,000
90th Percentile £106,250 £107,500 £95,000
England median annual salary £82,500 £75,000 £72,500
% change year-on-year +10.00% +3.45% -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 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 3,700 5,192 8,052
As % of all permanent IT jobs advertised in London 11.64% 11.64% 13.30%
Number of salaries quoted 2,737 4,015 6,065
10th Percentile £40,000 £36,750 £36,250
25th Percentile £50,000 £47,500 £46,250
Median annual salary (50th Percentile) £64,236 £62,500 £60,000
Median % change year-on-year +2.78% +4.17% -
75th Percentile £80,250 £80,000 £77,500
90th Percentile £95,000 £95,000 £93,750
England median annual salary £55,000 £52,500 £50,000
% change year-on-year +4.76% +5.00% -

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 23 April 2021.

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 23 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 +69 22 £83,750 +13.56% 3
West London - 1 £40,000 -
MiFID
England

For the 6 months to 23 April 2021, 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 64 (65.98%) Finance
2 51 (52.58%) EMIR
3 42 (43.30%) Banking
4 33 (34.02%) Dodd-Frank
5 32 (32.99%) Agile Software Development
6 29 (29.90%) Front Office
7 28 (28.87%) Stakeholder Management
7 28 (28.87%) Equities
8 26 (26.80%) Investment Banking
9 24 (24.74%) Derivative
10 23 (23.71%) Artificial Intelligence
10 23 (23.71%) Machine Learning
11 22 (22.68%) Waterfall
11 22 (22.68%) Python
12 20 (20.62%) User Acceptance Testing
13 19 (19.59%) DevOps
13 19 (19.59%) Java
13 19 (19.59%) Unix
14 18 (18.56%) Foreign Exchange (FX)
14 18 (18.56%) Scrum
15 16 (16.49%) Murex
15 16 (16.49%) Legal
15 16 (16.49%) Degree
16 15 (15.46%) Data Analysis
17 13 (13.40%) QA
18 12 (12.37%) Digital Transformation Programme
18 12 (12.37%) Market Risk
18 12 (12.37%) FIX Protocol
18 12 (12.37%) Loan IQ
18 12 (12.37%) Analytics

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 2 (2.06%) Apache
1 2 (2.06%) Confluence
Applications
1 3 (3.09%) Microsoft Office
Business Applications
1 12 (12.37%) Loan IQ
2 9 (9.28%) FINCAD Analytics
3 3 (3.09%) Markit EDM
3 3 (3.09%) PolarLake
4 1 (1.03%) Actimize
4 1 (1.03%) thinkFolio
Cloud Services
1 4 (4.12%) AWS
1 4 (4.12%) Azure
2 2 (2.06%) SaaS
3 1 (1.03%) Slack
Communications & Networking
1 1 (1.03%) WebEx
Database & Business Intelligence
1 4 (4.12%) DB2
1 4 (4.12%) PostgreSQL
1 4 (4.12%) RDBMS
1 4 (4.12%) Relational Database
2 2 (2.06%) Apache Ignite
2 2 (2.06%) Big Data
2 2 (2.06%) Hazelcast
2 2 (2.06%) KDB
2 2 (2.06%) Kdb+
3 1 (1.03%) BusinessObjects
3 1 (1.03%) BusinessObjects Business Intelligence
3 1 (1.03%) Spark SQL
Development Applications
1 4 (4.12%) Bitbucket Server
1 4 (4.12%) Eclipse
1 4 (4.12%) Git (software)
1 4 (4.12%) Gradle
1 4 (4.12%) IntelliJ
1 4 (4.12%) Jenkins
1 4 (4.12%) JIRA
2 3 (3.09%) JBehave
2 3 (3.09%) Selenium
General
1 64 (65.98%) Finance
2 42 (43.30%) Banking
3 29 (29.90%) Front Office
4 26 (26.80%) Investment Banking
5 16 (16.49%) Legal
6 12 (12.37%) Back Office
7 10 (10.31%) Advertising
8 7 (7.22%) Financial Institution
9 1 (1.03%) French Language
9 1 (1.03%) Marketing
9 1 (1.03%) Publishing
9 1 (1.03%) Telecoms
Job Titles
1 42 (43.30%) Analyst
2 27 (27.84%) Business Analyst
3 17 (17.53%) Developer
4 14 (14.43%) Senior Analyst
5 13 (13.40%) Applications Support
5 13 (13.40%) Regulatory Business Analyst
6 12 (12.37%) Architect
6 12 (12.37%) MiFID Architect
6 12 (12.37%) Solutions Architect
6 12 (12.37%) TOGAF Architect
7 10 (10.31%) Unix Support
8 9 (9.28%) Quantitative Developer
8 9 (9.28%) Senior Business Analyst
9 8 (8.25%) Report Analyst
10 7 (7.22%) Applications Support Analyst
10 7 (7.22%) Investment Banking Business Analyst
10 7 (7.22%) Project Manager
10 7 (7.22%) Senior Investment Banking Business Analyst
10 7 (7.22%) Support Analyst
11 6 (6.19%) Unix Analyst
Libraries, Frameworks & Software Standards
1 12 (12.37%) FIX Protocol
2 6 (6.19%) Spring
3 4 (4.12%) .NET
3 4 (4.12%) Spring Boot
4 2 (2.06%) XML
5 1 (1.03%) SAP Basis
Miscellaneous
1 28 (28.87%) Equities
2 24 (24.74%) Derivative
3 18 (18.56%) Foreign Exchange (FX)
4 12 (12.37%) Market Risk
5 9 (9.28%) Exotic Derivative
6 8 (8.25%) Analytical Skills
7 7 (7.22%) Credit Risk
8 6 (6.19%) Management Information System
9 4 (4.12%) OTC Derivatives
9 4 (4.12%) Reference Data
10 2 (2.06%) Equity Derivative
10 2 (2.06%) Fixed Income
10 2 (2.06%) Taxonomies
10 2 (2.06%) User Experience
11 1 (1.03%) Organisational Skills
11 1 (1.03%) PMI
Operating Systems
1 19 (19.59%) Unix
2 10 (10.31%) Windows
3 4 (4.12%) CoreOS
3 4 (4.12%) Linux
3 4 (4.12%) zOS
4 2 (2.06%) Windows 10
4 2 (2.06%) Windows 7
Processes & Methodologies
1 32 (32.99%) Agile Software Development
2 28 (28.87%) Stakeholder Management
3 23 (23.71%) Artificial Intelligence
3 23 (23.71%) Machine Learning
4 22 (22.68%) Waterfall
5 20 (20.62%) User Acceptance Testing
6 19 (19.59%) DevOps
7 18 (18.56%) Scrum
8 15 (15.46%) Data Analysis
9 12 (12.37%) Analytics
9 12 (12.37%) Digital Transformation Programme
9 12 (12.37%) TOGAF
9 12 (12.37%) Validation
10 11 (11.34%) Risk Management
11 10 (10.31%) Business Analysis
11 10 (10.31%) Collaborative Working
11 10 (10.31%) Project Management
12 9 (9.28%) Financial Modelling
12 9 (9.28%) Problem-Solving
12 9 (9.28%) Stochastic Calculus
Programming Languages
1 22 (22.68%) Python
2 19 (19.59%) Java
3 11 (11.34%) Bash Shell
4 10 (10.31%) Perl
5 9 (9.28%) C#
6 7 (7.22%) SQL
7 4 (4.12%) C++
8 2 (2.06%) Julia
9 1 (1.03%) C
9 1 (1.03%) PL/SQL
Qualifications
1 16 (16.49%) Degree
2 9 (9.28%) Master's Degree
2 9 (9.28%) PhD
3 4 (4.12%) PMI Certification
4 3 (3.09%) PMP
5 1 (1.03%) CBAP
5 1 (1.03%) CISA
5 1 (1.03%) CISSP
Quality Assurance & Compliance
1 51 (52.58%) EMIR
2 33 (34.02%) Dodd-Frank
3 13 (13.40%) QA
4 7 (7.22%) IFRS
5 5 (5.15%) GDPR
6 3 (3.09%) Solvency II
7 1 (1.03%) AIFMD
7 1 (1.03%) UCITS
System Software
1 4 (4.12%) Docker
Systems Management
1 4 (4.12%) Ansible
1 4 (4.12%) Kubernetes
1 4 (4.12%) Opscode Chef
1 4 (4.12%) Puppet
1 4 (4.12%) Terraform
Vendors
1 16 (16.49%) Murex
2 5 (5.15%) Refinitiv
3 4 (4.12%) Bloomberg
3 4 (4.12%) Calypso
3 4 (4.12%) Charles River
3 4 (4.12%) Google
3 4 (4.12%) Sybase
4 3 (3.09%) FactSet
4 3 (3.09%) Fidessa
4 3 (3.09%) Informatica
4 3 (3.09%) Reuters
4 3 (3.09%) SmartCo
4 3 (3.09%) SmartStream
5 2 (2.06%) MarketAxess
5 2 (2.06%) Tradeweb
6 1 (1.03%) Apple
6 1 (1.03%) SAP
6 1 (1.03%) SimCorp
6 1 (1.03%) StatPro
6 1 (1.03%) Vermilion