Period
to 29 July 2021

The following table provides summary statistics for permanent job vacancies with a requirement for Basel II skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Basel II over the 6 months to 29 July 2021 with a comparison to the same period in the previous 2 years.

Basel II
UK
6 months to
29 Jul 2021
Same period 2020 Same period 2019
Rank 983 785 1104
Rank change year-on-year -198 +319 +96
Permanent jobs citing Basel II 12 7 12
As % of all permanent jobs advertised in the UK 0.011% 0.010% 0.008%
As % of the Quality Assurance & Compliance category 0.074% 0.079% 0.059%
Number of salaries quoted 1 7 11
10th Percentile " £76,250 "
25th Percentile £187,500 £84,375 £42,500
Median annual salary (50th Percentile) £200,000 £95,000 £67,500
Median % change year-on-year +110.53% +40.74% -23.94%
75th Percentile £212,500 £97,500 £83,750
90th Percentile " " "
UK excluding London median annual salary - - £34,000

Basel II 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 with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK
Permanent vacancies with a requirement for quality assurance or compliance skills 16,227 8,883 20,263
As % of all permanent IT jobs advertised in the UK 14.37% 12.87% 14.07%
Number of salaries quoted 10,068 6,848 15,052
10th Percentile £31,250 £30,000 £28,500
25th Percentile £40,500 £40,000 £37,500
Median annual salary (50th Percentile) £53,590 £52,500 £50,000
Median % change year-on-year +2.08% +5.00% -
75th Percentile £71,250 £70,000 £67,500
90th Percentile £87,500 £85,000 £83,750
UK excluding London median annual salary £47,500 £47,500 £45,000
% change year-on-year - +5.56% -

Basel II
Job Vacancy Trend

Job postings citing Basel II as a proportion of all IT jobs advertised.

Job vacancy trend for Basel II in the UK

Basel II
Salary Trend

3-month moving average salary quoted in jobs citing Basel II.

Salary trend for Basel II in the UK

Basel II
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Basel II within the UK over the 6 months to 29 July 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
London -125 12 £200,000 +110.53% 1
England -166 12 £200,000 +110.53% 1

For the 6 months to 29 July 2021, IT jobs citing Basel II 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 with a requirement for Basel II.

1 12 (100.00%) Risk Management
1 12 (100.00%) Finance
1 12 (100.00%) Statistics
1 12 (100.00%) Mathematics
1 12 (100.00%) Market Risk
2 9 (75.00%) R
2 9 (75.00%) Derivative
2 9 (75.00%) CRD IV
2 9 (75.00%) PnL Attribution
2 9 (75.00%) Backtesting
2 9 (75.00%) Social Skills
2 9 (75.00%) Documentation Skills
2 9 (75.00%) C++
2 9 (75.00%) SQL
2 9 (75.00%) VBA
2 9 (75.00%) .NET
2 9 (75.00%) Python
2 9 (75.00%) MATLAB
3 3 (25.00%) Financial Institution
3 3 (25.00%) Management Information System
3 3 (25.00%) Taxonomies
3 3 (25.00%) Degree
3 3 (25.00%) Legal
3 3 (25.00%) Econometrics
3 3 (25.00%) Banking
3 3 (25.00%) Economics
3 3 (25.00%) Credit Risk
3 3 (25.00%) Performance Management
3 3 (25.00%) Financial Modelling
4 2 (16.67%) CRM

Basel II
Co-occurring IT Skills 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:

General
1 12 (100.00%) Finance
2 9 (75.00%) Documentation Skills
2 9 (75.00%) Social Skills
3 3 (25.00%) Banking
3 3 (25.00%) Financial Institution
3 3 (25.00%) Legal
Job Titles
1 9 (75.00%) Developer
1 9 (75.00%) Market Risk Developer
1 9 (75.00%) Quantitative Developer
2 3 (25.00%) Chief Risk Officer
2 3 (25.00%) Risk Officer
Libraries, Frameworks & Software Standards
1 9 (75.00%) .NET
Miscellaneous
1 12 (100.00%) Market Risk
2 9 (75.00%) Derivative
3 3 (25.00%) Credit Risk
3 3 (25.00%) Management Information System
3 3 (25.00%) Taxonomies
Processes & Methodologies
1 12 (100.00%) Mathematics
1 12 (100.00%) Risk Management
1 12 (100.00%) Statistics
2 9 (75.00%) Backtesting
2 9 (75.00%) PnL Attribution
3 3 (25.00%) Econometrics
3 3 (25.00%) Economics
3 3 (25.00%) Financial Modelling
3 3 (25.00%) Performance Management
4 2 (16.67%) CRM
5 1 (8.33%) Analytics
5 1 (8.33%) Anti-Money Laundering
5 1 (8.33%) Decision-Making
Programming Languages
1 9 (75.00%) C++
1 9 (75.00%) MATLAB
1 9 (75.00%) Python
1 9 (75.00%) R
1 9 (75.00%) SQL
1 9 (75.00%) VBA
Qualifications
1 3 (25.00%) Degree
Quality Assurance & Compliance
1 9 (75.00%) CRD IV