Period
to 2 April 2020

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 2 April 2020 with a comparison to the same period in the previous 2 years.

Basel II
UK
6 months to
2 Apr 2020
Same period 2019 Same period 2018
Rank 969 1095 1211
Rank change year-on-year +126 +116 -41
Permanent jobs citing Basel II 10 15 3
As % of all permanent jobs advertised in the UK 0.009% 0.010% 0.002%
As % of the Quality Assurance & Compliance category 0.070% 0.072% 0.013%
Number of salaries quoted 8 15 2
Median annual salary £95,000 £80,000 £70,000
Median salary % change year-on-year +18.75% +14.29% +27.27%
10th Percentile £63,875 £42,500 £58,500
90th Percentile £97,500 £83,750 £83,500
UK excluding London median annual salary £40,000 - -

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 14,383 20,731 22,590
As % of all permanent IT jobs advertised in the UK 12.28% 14.00% 12.76%
Number of salaries quoted 11,041 15,053 17,581
Median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £28,750 £27,625 £27,500
90th Percentile £85,000 £81,250 £80,000
UK excluding London median annual salary £45,000 £45,000 £43,750
% change year-on-year - +2.86% +6.06%

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
Salary Histogram

Salary distribution for jobs citing Basel II over the 6 months to 2 April 2020.

Salary histogram for Basel II in the UK

Basel II
Top 6 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 2 April 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
England +120 10 £95,000 +18.75%
London +98 9 £95,000 +18.75%
Work from Home - 2 - -
UK excluding London - 1 £40,000 -
Midlands - 1 £40,000 -
West Midlands - 1 £40,000 -

For the 6 months to 2 April 2020, 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 10 (100.00%) Credit Risk
2 9 (90.00%) Basel III
3 8 (80.00%) Finance
4 7 (70.00%) Statistics
4 7 (70.00%) Credit Risk Modelling
5 6 (60.00%) Degree
6 5 (50.00%) SAS
6 5 (50.00%) Decision-Making
7 4 (40.00%) Analytics
7 4 (40.00%) Data Munging
7 4 (40.00%) Data Quality
7 4 (40.00%) Data Cleansing
7 4 (40.00%) Data Extraction
7 4 (40.00%) SQL
7 4 (40.00%) Validation
7 4 (40.00%) Migration
7 4 (40.00%) MySQL
7 4 (40.00%) Oracle
7 4 (40.00%) Banking
7 4 (40.00%) Data Analysis
8 3 (30.00%) Retail
8 3 (30.00%) Python
8 3 (30.00%) C
8 3 (30.00%) C#
8 3 (30.00%) C++
8 3 (30.00%) Java
8 3 (30.00%) Computer Science
9 2 (20.00%) Risk Analytics
9 2 (20.00%) Presales
9 2 (20.00%) Time Series Analysis

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:

Application Platforms
1 5 (50.00%) SAS
Applications
1 2 (20.00%) Microsoft Excel
Database & Business Intelligence
1 4 (40.00%) MySQL
General
1 8 (80.00%) Finance
2 4 (40.00%) Banking
3 3 (30.00%) Retail
4 2 (20.00%) Corporate Banking
4 2 (20.00%) German Language
5 1 (10.00%) Financial Institution
5 1 (10.00%) Wholesale Banking
Job Titles
1 4 (40.00%) Analyst
1 4 (40.00%) Credit Analyst
1 4 (40.00%) Credit Risk Analyst
1 4 (40.00%) Data Analyst
1 4 (40.00%) Risk Analyst
1 4 (40.00%) Risk Data Analyst
2 3 (30.00%) Consultant
2 3 (30.00%) Risk Consultant
Miscellaneous
1 10 (100.00%) Credit Risk
2 2 (20.00%) Derivative
2 2 (20.00%) Foreign Exchange (FX)
2 2 (20.00%) Market Risk
2 2 (20.00%) Self-Motivation
3 1 (10.00%) Analytical Skills
Processes & Methodologies
1 7 (70.00%) Credit Risk Modelling
1 7 (70.00%) Statistics
2 5 (50.00%) Decision-Making
3 4 (40.00%) Analytics
3 4 (40.00%) Data Analysis
3 4 (40.00%) Data Cleansing
3 4 (40.00%) Data Extraction
3 4 (40.00%) Data Munging
3 4 (40.00%) Migration
3 4 (40.00%) Validation
4 3 (30.00%) Computer Science
5 2 (20.00%) Financial Modelling
5 2 (20.00%) Mathematics
5 2 (20.00%) Monte Carlo Method
5 2 (20.00%) Physics
5 2 (20.00%) Quantitative Research
5 2 (20.00%) Scorecard
5 2 (20.00%) Stochastic Calculus
5 2 (20.00%) Stress Testing
5 2 (20.00%) Time Series Analysis
Programming Languages
1 4 (40.00%) SQL
2 3 (30.00%) C
2 3 (30.00%) C#
2 3 (30.00%) C++
2 3 (30.00%) Java
2 3 (30.00%) Python
3 2 (20.00%) VBA
4 1 (10.00%) R
4 1 (10.00%) Scala
Qualifications
1 6 (60.00%) Degree
2 2 (20.00%) PhD
Quality Assurance & Compliance
1 9 (90.00%) Basel III
2 4 (40.00%) Data Quality
3 2 (20.00%) QA
4 1 (10.00%) IFRS
4 1 (10.00%) IFRS 9
Vendors
1 4 (40.00%) Oracle