The following table provides summary statistics for permanent job vacancies advertised in Scotland with a requirement for MiFID skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited MiFID over the 3 months to 30 March 2017 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK / Scotland
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank 135 - 155
Rank change year-on-year - 0  
Permanent jobs citing MiFID 7 0 4
As % of all permanent IT jobs advertised in Scotland 0.30% - 0.13%
As % of the Quality Assurance & Compliance category 3.10% - 0.90%
Number of salaries quoted 1 0 4
Median salary £60,000 - £56,250
UK excluding London median salary £60,000 £42,500 £52,500
% change year-on-year +41.17% -19.04%  

MiFID is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in Scotland with a requirement for quality assurance and compliance skills.

Quality Assurance & Compliance Skills
Scotland
Permanent job vacancies with a requirement for quality assurance and compliance skills 226 395 444
As % of all permanent IT job vacancies advertised in Scotland 9.66% 13.33% 14.28%
Number of salaries quoted 131 243 252
Median salary £37,000 £47,500 £45,000
Median salary % change year-on-year -22.10% +5.55%  
90% offered a salary of more than £26,000 £25,150 £28,250
10% offered a salary of more than £52,500 £70,000 £67,500
UK excluding London median salary £42,500 £44,000 £42,500
% change year-on-year -3.40% +3.52%  

MiFID
Job Vacancy Trend in Scotland

The job posting trend of jobs advertised in Scotland citing MiFID as a proportion of all permanent or contract IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for MiFID in Scotland

MiFID
Salary Trend in Scotland

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

Salary trend for MiFID in Scotland

MiFID
Job Locations in Scotland

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing MiFID within the Scotland region over the 3 months to 30 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
Glasgow - 6 - -
Edinburgh - 1 £60,000 - 3
MiFID
UK

For the 6 months to 30 March 2017, IT jobs citing MiFID also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the Scotland region with a requirement for MiFID.

1 11 (84.62%) Agile Software Development
2 9 (69.23%) Banking
2 9 (69.23%) Spring
2 9 (69.23%) JSON
2 9 (69.23%) DB2
2 9 (69.23%) Java
2 9 (69.23%) OO
2 9 (69.23%) XML
2 9 (69.23%) Scrum
2 9 (69.23%) Gradle
2 9 (69.23%) Jenkins
2 9 (69.23%) Relational Database
3 8 (61.54%) SQL
3 8 (61.54%) Domain-Driven Design
3 8 (61.54%) Derivative
4 7 (53.85%) Perforce
4 7 (53.85%) Maven
4 7 (53.85%) Continuous Integration
4 7 (53.85%) SOAP
4 7 (53.85%) Ant
4 7 (53.85%) Unix
4 7 (53.85%) OOA/OOD
4 7 (53.85%) Shell Script
4 7 (53.85%) Docker
4 7 (53.85%) Git (software)
4 7 (53.85%) Concordion
4 7 (53.85%) JBehave
4 7 (53.85%) Hudson
4 7 (53.85%) OTC Derivatives
5 6 (46.15%) EMIR

MiFID
Co-occurring IT Skills in Scotland 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:

Applications
1 1 (7.69%) MS Office
Cloud Services
1 2 (15.38%) Amazon AWS
1 2 (15.38%) Microsoft Azure
Database & Business Intelligence
1 9 (69.23%) DB2
1 9 (69.23%) Relational Database
Development Applications
1 9 (69.23%) Gradle
1 9 (69.23%) Jenkins
2 7 (53.85%) Ant
2 7 (53.85%) Concordion
2 7 (53.85%) Git (software)
2 7 (53.85%) Hudson
2 7 (53.85%) JBehave
2 7 (53.85%) Maven
3 5 (38.46%) JUnit
4 2 (15.38%) Cucumber
4 2 (15.38%) FitNesse
4 2 (15.38%) TeamCity
5 1 (7.69%) JIRA
General
1 9 (69.23%) Banking
2 3 (23.08%) Legal
3 2 (15.38%) Finance
3 2 (15.38%) Front Office
4 1 (7.69%) Back Office
4 1 (7.69%) Investment Banking
4 1 (7.69%) Marketing
Job Titles
1 7 (53.85%) Developer
2 5 (38.46%) Java Developer
3 4 (30.77%) Senior Developer
4 3 (23.08%) Analyst
4 3 (23.08%) Business Analyst
4 3 (23.08%) Consultant
5 2 (15.38%) DevOps Consultant
5 2 (15.38%) Integration Consultant
5 2 (15.38%) Senior Java Developer
6 1 (7.69%) Senior Consultant
Libraries, Frameworks & Software Standards
1 9 (69.23%) JSON
1 9 (69.23%) Spring
1 9 (69.23%) XML
2 7 (53.85%) SOAP
3 2 (15.38%) Guice
3 2 (15.38%) Lambda Expressions
3 2 (15.38%) Protocol Buffers
3 2 (15.38%) REST
Miscellaneous
1 8 (61.54%) Derivative
2 7 (53.85%) OTC Derivatives
3 4 (30.77%) Fixed Income
4 1 (7.69%) Reference Data
4 1 (7.69%) Swaptions
Operating Systems
1 7 (53.85%) Unix
Processes & Methodologies
1 11 (84.62%) Agile Software Development
2 9 (69.23%) OO
2 9 (69.23%) Scrum
3 8 (61.54%) Domain-Driven Design
4 7 (53.85%) Continuous Integration
4 7 (53.85%) OOA/OOD
5 5 (38.46%) Automated Testing
5 5 (38.46%) Continuous Deployment
5 5 (38.46%) Software Delivery
5 5 (38.46%) TDD
6 4 (30.77%) DevOps
6 4 (30.77%) Microservices
7 3 (23.08%) Stakeholder Management
8 2 (15.38%) Asset Management
8 2 (15.38%) Business Analysis
8 2 (15.38%) Enterprise Architecture
8 2 (15.38%) Investment Management
8 2 (15.38%) Kanban
8 2 (15.38%) Refactoring
8 2 (15.38%) Wealth Management
Programming Languages
1 9 (69.23%) Java
2 8 (61.54%) SQL
3 7 (53.85%) Shell Script
4 1 (7.69%) C
Quality Assurance & Compliance
1 6 (46.15%) EMIR
2 5 (38.46%) Dodd-Frank
3 1 (7.69%) GDPR
3 1 (7.69%) PMO
3 1 (7.69%) QA
3 1 (7.69%) UCITS
System Software
1 7 (53.85%) Docker
Vendors
1 7 (53.85%) Perforce
2 1 (7.69%) Charles River
2 1 (7.69%) Cognizant