Period
to 16 February 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 16 February 2020 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
England > London
6 months to
16 Feb 2020
Same period 2019 Same period 2018
Rank 641 586 550
Rank change year-on-year -55 -36 -82
Permanent jobs citing MiFID 64 203 282
As % of all permanent IT jobs advertised in London 0.13% 0.32% 0.40%
As % of the Quality Assurance & Compliance category 1.09% 2.48% 2.98%
Number of salaries quoted 51 139 185
London median annual salary £77,500 £75,000 £75,000
Median salary % change year-on-year +3.33% - -
10th Percentile £57,500 £50,000 £46,000
90th Percentile £107,500 £100,000 £107,500
England median annual salary £85,000 £75,000 £75,000
% change year-on-year +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 5,892 8,180 9,455
As % of all permanent IT jobs advertised in London 11.72% 13.08% 13.50%
Number of salaries quoted 4,515 6,080 7,458
London median annual salary £62,000 £60,000 £60,000
Median salary % change year-on-year +3.33% - +4.35%
10th Percentile £35,000 £35,000 £35,750
90th Percentile £95,000 £92,500 £87,500
England median annual salary £52,500 £50,000 £50,000
% change year-on-year +5.00% - +5.26%

MiFID
Job Vacancy Trend in London

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

Job vacancy trend for MiFID in London

MiFID
Salary Trend in London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing MiFID in London.

Salary trend for MiFID in London

MiFID
Salary Histogram in London

The salary distribution of IT jobs citing MiFID in London over the 6 months to 16 February 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 16 February 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 -12 25 £72,500 -14.71% 7
East London - 3 £27,500 -
MiFID
England

For the 6 months to 16 February 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 48 (75.00%) Finance
2 42 (65.63%) EMIR
3 30 (46.88%) Python
4 29 (45.31%) SQL
5 25 (39.06%) Dodd-Frank
6 18 (28.13%) Banking
6 18 (28.13%) Degree
7 17 (26.56%) Foreign Exchange (FX)
8 16 (25.00%) SQL Server Reporting Services
9 14 (21.88%) C++
10 13 (20.31%) Mathematics
10 13 (20.31%) Investment Management
11 12 (18.75%) Problem-Solving
11 12 (18.75%) Physics
11 12 (18.75%) SQL Server Integration Services
11 12 (18.75%) Asset Management
11 12 (18.75%) Agile Software Development
11 12 (18.75%) Equities
11 12 (18.75%) C#
11 12 (18.75%) PhD
11 12 (18.75%) Risk Management
12 11 (17.19%) Advertising
12 11 (17.19%) Unix
12 11 (17.19%) SQL Server
12 11 (17.19%) Stochastic Calculus
12 11 (17.19%) R
13 10 (15.63%) Financial Modelling
13 10 (15.63%) Analytical Skills
13 10 (15.63%) Credit Risk Management
13 10 (15.63%) Master's Degree

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 4 (6.25%) Apache Spark
1 4 (6.25%) Confluence
2 2 (3.13%) Apache
2 2 (3.13%) Elasticsearch
3 1 (1.56%) IBM HTTP Server
3 1 (1.56%) SAS
Applications
1 2 (3.13%) Microsoft Excel
1 2 (3.13%) Microsoft PowerPoint
1 2 (3.13%) Microsoft Project
1 2 (3.13%) MS Visio
Business Applications
1 1 (1.56%) Markit EDM
Cloud Services
1 3 (4.69%) AWS
1 3 (4.69%) Office 365
2 2 (3.13%) Azure
3 1 (1.56%) GCP
3 1 (1.56%) Power Platform
Database & Business Intelligence
1 16 (25.00%) SQL Server Reporting Services
2 12 (18.75%) SQL Server Integration Services
3 11 (17.19%) SQL Server
4 4 (6.25%) Snowflake Schema
5 2 (3.13%) Big Data
5 2 (3.13%) Data Lake
5 2 (3.13%) Data Warehouse
5 2 (3.13%) Relational Database
5 2 (3.13%) SQL Server 2008
5 2 (3.13%) SQL Server 2016
6 1 (1.56%) BigQuery
6 1 (1.56%) Oracle BI EE
6 1 (1.56%) Power BI
Development Applications
1 3 (4.69%) JIRA
2 2 (3.13%) Git (software)
2 2 (3.13%) GitLab
2 2 (3.13%) Jenkins
2 2 (3.13%) TeamCity
3 1 (1.56%) JBehave
3 1 (1.56%) Selenium
General
1 48 (75.00%) Finance
2 18 (28.13%) Banking
3 11 (17.19%) Advertising
4 6 (9.38%) Back Office
4 6 (9.38%) Investment Banking
4 6 (9.38%) Retail Banking
5 3 (4.69%) Front Office
5 3 (4.69%) Marketing
6 2 (3.13%) Financial Institution
6 2 (3.13%) Legal
7 1 (1.56%) Corporate Banking
7 1 (1.56%) French Language
7 1 (1.56%) German Language
7 1 (1.56%) Law
7 1 (1.56%) Retail
Job Titles
1 19 (29.69%) Analyst
2 12 (18.75%) Developer
3 10 (15.63%) Qualitative Analyst
3 10 (15.63%) Quantitative Analyst
4 7 (10.94%) Business Analyst
4 7 (10.94%) Report Developer
5 6 (9.38%) SQL Developer
6 5 (7.81%) Python Engineer
7 4 (6.25%) Consultant
7 4 (6.25%) Platform Engineer
7 4 (6.25%) Programme Manager
8 3 (4.69%) Financial Analyst
8 3 (4.69%) Financial Business Analyst
8 3 (4.69%) Product Manager
8 3 (4.69%) Project Manager
8 3 (4.69%) Python Developer
8 3 (4.69%) Report Analyst
8 3 (4.69%) Senior Analyst
8 3 (4.69%) Support Engineer
8 3 (4.69%) Windows Engineer
Libraries, Frameworks & Software Standards
1 5 (7.81%) Kafka
2 4 (6.25%) FIX Protocol
3 2 (3.13%) .NET
3 2 (3.13%) AngularJS
3 2 (3.13%) FpML
3 2 (3.13%) React
3 2 (3.13%) Web Services
4 1 (1.56%) Natural Language Processing
4 1 (1.56%) PySpark
Miscellaneous
1 17 (26.56%) Foreign Exchange (FX)
2 12 (18.75%) Equities
3 10 (15.63%) Analytical Skills
3 10 (15.63%) Credit Risk
3 10 (15.63%) Exotic Derivative
3 10 (15.63%) Market Risk
4 8 (12.50%) Hedge funds
5 4 (6.25%) Derivative
5 4 (6.25%) Fixed Income
5 4 (6.25%) Greenfield Project
5 4 (6.25%) Self-Motivation
6 1 (1.56%) Algorithms
6 1 (1.56%) OTC Derivatives
6 1 (1.56%) Reference Data
6 1 (1.56%) Swaptions
Operating Systems
1 11 (17.19%) Unix
2 3 (4.69%) Linux
2 3 (4.69%) Windows
2 3 (4.69%) Windows Server
2 3 (4.69%) Windows Server 2012
Processes & Methodologies
1 13 (20.31%) Investment Management
1 13 (20.31%) Mathematics
2 12 (18.75%) Agile Software Development
2 12 (18.75%) Asset Management
2 12 (18.75%) Physics
2 12 (18.75%) Problem-Solving
2 12 (18.75%) Risk Management
3 11 (17.19%) Stochastic Calculus
4 10 (15.63%) Credit Risk Management
4 10 (15.63%) ETL
4 10 (15.63%) Financial Modelling
4 10 (15.63%) Validation
5 9 (14.06%) Fintech
6 8 (12.50%) Project Management
6 8 (12.50%) Stakeholder Management
7 7 (10.94%) Analytics
7 7 (10.94%) Computer Science
8 6 (9.38%) SQL Optimisation
9 4 (6.25%) PRINCE2
9 4 (6.25%) Product Management
Programming Languages
1 30 (46.88%) Python
2 29 (45.31%) SQL
3 14 (21.88%) C++
4 12 (18.75%) C#
5 11 (17.19%) R
6 10 (15.63%) MATLAB
7 4 (6.25%) Java
7 4 (6.25%) VBA
8 3 (4.69%) PowerShell
9 1 (1.56%) Perl
9 1 (1.56%) Scala
Qualifications
1 18 (28.13%) Degree
2 12 (18.75%) PhD
3 10 (15.63%) Master's Degree
4 3 (4.69%) PMP
5 1 (1.56%) PMI Certification
5 1 (1.56%) PRINCE2 Certification
5 1 (1.56%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 42 (65.63%) EMIR
2 25 (39.06%) Dodd-Frank
3 5 (7.81%) Solvency II
4 4 (6.25%) GDPR
5 2 (3.13%) AIFMD
5 2 (3.13%) Basel III
5 2 (3.13%) QA
6 1 (1.56%) Data Quality
6 1 (1.56%) FATCA
6 1 (1.56%) IFRS
System Software
1 4 (6.25%) Docker
2 3 (4.69%) Active Directory
Systems Management
1 4 (6.25%) Kubernetes
Vendors
1 4 (6.25%) Bloomberg
1 4 (6.25%) Tableau
2 3 (4.69%) VMware
3 2 (3.13%) Microsoft
3 2 (3.13%) Oracle
4 1 (1.56%) Cognizant