Period
to 22 October 2019

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 22 October 2019 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
England > London
6 months to
22 Oct 2019
Same period 2018 Same period 2017
Rank 639 601 498
Rank change year-on-year -38 -103 +42
Permanent jobs citing MiFID 77 209 397
As % of all permanent IT jobs advertised in London 0.14% 0.31% 0.54%
As % of the Quality Assurance & Compliance category 1.14% 2.43% 3.95%
Number of salaries quoted 67 149 224
London median annual salary £72,500 £85,000 £75,000
Median salary % change year-on-year -14.71% +13.33% +3.45%
10th Percentile £59,500 £50,000 £52,500
90th Percentile £104,250 £120,000 £95,000
England median annual salary £77,000 £84,000 £75,000
% change year-on-year -8.33% +12.00% +3.45%

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 6,739 8,607 10,046
As % of all permanent IT jobs advertised in London 12.35% 12.65% 13.54%
Number of salaries quoted 5,261 6,748 7,118
London median annual salary £60,000 £60,000 £60,000
10th Percentile £36,250 £33,750 £34,250
90th Percentile £92,500 £90,000 £85,000
England median annual salary £50,000 £50,000 £50,000

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 22 October 2019.

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 22 October 2019. 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 -54 25 £72,500 -14.71% 4
East London - 3 £27,500 -
MiFID
England

For the 6 months to 22 October 2019, 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 54 (70.13%) EMIR
2 51 (66.23%) Finance
3 32 (41.56%) Dodd-Frank
4 31 (40.26%) Banking
5 24 (31.17%) Derivative
5 24 (31.17%) SQL
5 24 (31.17%) Foreign Exchange (FX)
6 23 (29.87%) Investment Management
7 17 (22.08%) Python
7 17 (22.08%) Agile Software Development
8 15 (19.48%) Fixed Income
9 14 (18.18%) Asset Management
10 13 (16.88%) Programme Management
11 12 (15.58%) Windows
11 12 (15.58%) Linux
11 12 (15.58%) Back Office
11 12 (15.58%) Stakeholder Management
11 12 (15.58%) Equities
11 12 (15.58%) Degree
12 11 (14.29%) Investment Banking
12 11 (14.29%) Process Improvement
12 11 (14.29%) Target Operating Model
13 10 (12.99%) Process Management
13 10 (12.99%) BPR
13 10 (12.99%) Six Sigma
13 10 (12.99%) Workflow
14 9 (11.69%) SQL Server Reporting Services
14 9 (11.69%) SQL Server Integration Services
14 9 (11.69%) Unix
14 9 (11.69%) ETL

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 (5.19%) Elasticsearch
2 2 (2.60%) Apache
2 2 (2.60%) Apache Spark
2 2 (2.60%) Confluence
Applications
1 3 (3.90%) Microsoft Office
1 3 (3.90%) Microsoft Project
2 2 (2.60%) Microsoft Excel
2 2 (2.60%) Spreadsheet
Cloud Services
1 5 (6.49%) AWS
2 3 (3.90%) Amazon EC2
2 3 (3.90%) Amazon S3
2 3 (3.90%) AWS Lambda
2 3 (3.90%) Office 365
2 3 (3.90%) Serverless
3 2 (2.60%) Azure
3 2 (2.60%) OpenShift
4 1 (1.30%) GCP
Communications & Networking
1 8 (10.39%) Firewall
1 8 (10.39%) Internet
2 4 (5.19%) Network Security
3 1 (1.30%) VoIP
Database & Business Intelligence
1 9 (11.69%) SQL Server Integration Services
1 9 (11.69%) SQL Server Reporting Services
2 6 (7.79%) SQL Server
3 3 (3.90%) Big Data
4 2 (2.60%) MongoDB
4 2 (2.60%) Relational Database
Development Applications
1 5 (6.49%) Maven
2 4 (5.19%) Jenkins
3 3 (3.90%) Atlassian Bamboo
3 3 (3.90%) Cucumber
4 2 (2.60%) Git (software)
4 2 (2.60%) GitLab
4 2 (2.60%) Jasmine
4 2 (2.60%) JIRA
4 2 (2.60%) Karma Test Runner
4 2 (2.60%) TeamCity
General
1 51 (66.23%) Finance
2 31 (40.26%) Banking
3 12 (15.58%) Back Office
4 11 (14.29%) Investment Banking
5 6 (7.79%) Advertising
6 5 (6.49%) Front Office
7 3 (3.90%) Corporate Banking
7 3 (3.90%) Retail Banking
8 1 (1.30%) Legal
8 1 (1.30%) Marketing
Job Titles
1 23 (29.87%) Analyst
2 13 (16.88%) Business Analyst
3 12 (15.58%) Developer
4 11 (14.29%) Consultant
4 11 (14.29%) MiFID Consultant
5 8 (10.39%) Cybersecurity Engineer
5 8 (10.39%) Security Engineer
6 7 (9.09%) Qualitative Analyst
6 7 (9.09%) Quantitative Analyst
7 6 (7.79%) Report Developer
8 5 (6.49%) Financial Analyst
8 5 (6.49%) Programme Manager
8 5 (6.49%) Service Analyst
9 4 (5.19%) Finance Business Analyst
9 4 (5.19%) Financial Business Analyst
9 4 (5.19%) Financial Services Business Analyst
9 4 (5.19%) Project Manager
9 4 (5.19%) Regulatory Business Analyst
9 4 (5.19%) SQL Developer
9 4 (5.19%) Support Engineer
Libraries, Frameworks & Software Standards
1 6 (7.79%) RESTful
2 4 (5.19%) AngularJS
3 2 (2.60%) .NET
3 2 (2.60%) Apache Camel
3 2 (2.60%) FIX Protocol
3 2 (2.60%) Hibernate
3 2 (2.60%) HTML
3 2 (2.60%) HTML5
3 2 (2.60%) JPA
3 2 (2.60%) React
3 2 (2.60%) Spring
3 2 (2.60%) Spring Boot
3 2 (2.60%) XML
4 1 (1.30%) FpML
4 1 (1.30%) JSON
4 1 (1.30%) Web Services
4 1 (1.30%) XML Schema
Miscellaneous
1 24 (31.17%) Derivative
1 24 (31.17%) Foreign Exchange (FX)
2 15 (19.48%) Fixed Income
3 12 (15.58%) Equities
4 7 (9.09%) Analytical Skills
4 7 (9.09%) Credit Risk
4 7 (9.09%) Exotic Derivative
4 7 (9.09%) Market Risk
5 6 (7.79%) Hedge funds
6 5 (6.49%) OTC Derivatives
7 4 (5.19%) Self-Motivation
8 2 (2.60%) Greenfield Project
8 2 (2.60%) Management Information System
9 1 (1.30%) ASIC
9 1 (1.30%) Cloud Native
9 1 (1.30%) Enterprise Software
9 1 (1.30%) N-Tier
9 1 (1.30%) Reference Data
Operating Systems
1 12 (15.58%) Linux
1 12 (15.58%) Windows
2 9 (11.69%) Unix
3 4 (5.19%) Windows Server
4 3 (3.90%) Windows Server 2012
Processes & Methodologies
1 23 (29.87%) Investment Management
2 17 (22.08%) Agile Software Development
3 14 (18.18%) Asset Management
4 13 (16.88%) Programme Management
5 12 (15.58%) Stakeholder Management
6 11 (14.29%) Process Improvement
6 11 (14.29%) Target Operating Model
7 10 (12.99%) BPR
7 10 (12.99%) Process Management
7 10 (12.99%) Six Sigma
7 10 (12.99%) Workflow
8 9 (11.69%) ETL
8 9 (11.69%) Problem-Solving
9 8 (10.39%) Cybersecurity
9 8 (10.39%) Information Security
9 8 (10.39%) Kalman Filter
9 8 (10.39%) Project Management
9 8 (10.39%) Risk Assessment
9 8 (10.39%) Threat Management
9 8 (10.39%) Web Filtering
Programming Languages
1 24 (31.17%) SQL
2 17 (22.08%) Python
3 9 (11.69%) C
3 9 (11.69%) C#
4 7 (9.09%) C++
4 7 (9.09%) Java
4 7 (9.09%) MATLAB
5 6 (7.79%) R
5 6 (7.79%) VBA
6 3 (3.90%) Java 8
6 3 (3.90%) JavaScript
6 3 (3.90%) PowerShell
7 1 (1.30%) Kotlin
7 1 (1.30%) Scala
Qualifications
1 12 (15.58%) Degree
2 8 (10.39%) (ISC)2 CCSP
2 8 (10.39%) CCSP
2 8 (10.39%) CISA
2 8 (10.39%) Cisco Certification
2 8 (10.39%) CISSP
2 8 (10.39%) CompTIA Security+
3 7 (9.09%) Master's Degree
3 7 (9.09%) PhD
4 1 (1.30%) CFA
4 1 (1.30%) ISEB
Quality Assurance & Compliance
1 54 (70.13%) EMIR
2 32 (41.56%) Dodd-Frank
3 6 (7.79%) GDPR
4 4 (5.19%) PSD2
4 4 (5.19%) Solvency II
5 3 (3.90%) IFRS
6 2 (2.60%) QA
7 1 (1.30%) FATCA
System Software
1 4 (5.19%) Active Directory
Vendors
1 9 (11.69%) Cisco
2 5 (6.49%) Tableau
3 4 (5.19%) Bloomberg
4 3 (3.90%) Murex
4 3 (3.90%) VMware
5 2 (2.60%) Google
5 2 (2.60%) Oracle
6 1 (1.30%) Salesforce.com