Job Vacancy Trend Salary Trend Job Locations Skill Sets
Period
to 22 April 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 22 April 2021 with a comparison to the same period in the previous 2 years.

Basel II
UK
6 months to
22 Apr 2021		 Same period 2020 Same period 2019
Rank 847 952 1108
Rank change year-on-year +105 +156 +104
Permanent jobs citing Basel II 9 7 15
As % of all permanent jobs advertised in the UK 0.011% 0.006% 0.010%
As % of the Quality Assurance & Compliance category 0.086% 0.052% 0.072%
Number of salaries quoted 1 7 15
10th Percentile " £76,250 £42,500
25th Percentile £187,500 £84,375 £66,250
Median annual salary (50th Percentile) £200,000 £95,000 £80,000
Median % change year-on-year +110.53% +18.75% +14.29%
75th Percentile £212,500 £97,500 £83,750
90th Percentile " " "
UK excluding London median annual salary - - -

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 10,444 13,360 20,920
As % of all permanent IT jobs advertised in the UK 12.33% 12.38% 14.10%
Number of salaries quoted 7,232 10,351 15,334
10th Percentile £31,250 £28,750 £27,625
25th Percentile £40,920 £37,500 £37,500
Median annual salary (50th Percentile) £52,500 £52,500 £50,000
Median % change year-on-year - +5.00% -
75th Percentile £70,000 £70,000 £67,500
90th Percentile £85,000 £85,000 £82,500
UK excluding London median annual salary £47,500 £45,000 £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 22 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
England +122 9 £200,000 +110.53% 1
London +103 9 £200,000 +110.53% 1

For the 6 months to 22 April 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 9 (100.00%) Risk Management
1 9 (100.00%) Finance
1 9 (100.00%) Statistics
1 9 (100.00%) Mathematics
1 9 (100.00%) Market Risk
2 6 (66.67%) R
2 6 (66.67%) Derivative
2 6 (66.67%) CRD IV
2 6 (66.67%) PnL Attribution
2 6 (66.67%) Backtesting
2 6 (66.67%) C++
2 6 (66.67%) SQL
2 6 (66.67%) VBA
2 6 (66.67%) .NET
2 6 (66.67%) Python
2 6 (66.67%) MATLAB
3 3 (33.33%) Financial Institution
3 3 (33.33%) Management Information System
3 3 (33.33%) Taxonomies
3 3 (33.33%) Degree
3 3 (33.33%) Legal
3 3 (33.33%) Econometrics
3 3 (33.33%) Banking
3 3 (33.33%) Economics
3 3 (33.33%) Credit Risk
3 3 (33.33%) Performance Management
3 3 (33.33%) Financial Modelling
4 2 (22.22%) CRM
5 1 (11.11%) Analytics
5 1 (11.11%) Anti-Money Laundering

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 9 (100.00%) Finance
2 3 (33.33%) Banking
2 3 (33.33%) Financial Institution
2 3 (33.33%) Legal
Job Titles
1 6 (66.67%) Developer
1 6 (66.67%) Market Risk Developer
1 6 (66.67%) Quantitative Developer
2 3 (33.33%) Chief Risk Officer
2 3 (33.33%) Risk Officer
Libraries, Frameworks & Software Standards
1 6 (66.67%) .NET
Miscellaneous
1 9 (100.00%) Market Risk
2 6 (66.67%) Derivative
3 3 (33.33%) Credit Risk
3 3 (33.33%) Management Information System
3 3 (33.33%) Taxonomies
Processes & Methodologies
1 9 (100.00%) Mathematics
1 9 (100.00%) Risk Management
1 9 (100.00%) Statistics
2 6 (66.67%) Backtesting
2 6 (66.67%) PnL Attribution
3 3 (33.33%) Econometrics
3 3 (33.33%) Economics
3 3 (33.33%) Financial Modelling
3 3 (33.33%) Performance Management
4 2 (22.22%) CRM
5 1 (11.11%) Analytics
5 1 (11.11%) Anti-Money Laundering
5 1 (11.11%) Decision-Making
Programming Languages
1 6 (66.67%) C++
1 6 (66.67%) MATLAB
1 6 (66.67%) Python
1 6 (66.67%) R
1 6 (66.67%) SQL
1 6 (66.67%) VBA
Qualifications
1 3 (33.33%) Degree
Quality Assurance & Compliance
1 6 (66.67%) CRD IV