Period
to 21 October 2017

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 21 October 2017 with a comparison to the same period in the previous 2 years.

Basel II
UK
6 months to
21 Oct 2017
Same period 2016 Same period 2015
Rank 1172 1198 1254
Rank change year-on-year +26 +56 -2
Permanent jobs citing Basel II 6 24 48
As % of all permanent IT jobs advertised in the UK 0.003% 0.013% 0.022%
As % of the Quality Assurance & Compliance category 0.027% 0.096% 0.17%
Number of salaries quoted 4 15 41
UK median annual salary £52,500 £62,500 £70,000
Median salary % change year-on-year -16.00% -10.71% +33.33%
10th Percentile £32,750 £52,500 £34,250
90th Percentile £66,250 £100,500 £77,500
UK excluding London median annual salary £30,000 - £60,000

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 21844 25025 27993
As % of all permanent IT jobs advertised in the UK 12.55% 13.10% 12.78%
Number of salaries quoted 16219 19780 22112
UK median annual salary £50,000 £50,000 £45,000
Median salary % change year-on-year - +11.11% -
10th Percentile £27,500 £27,500 £26,250
90th Percentile £77,500 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,000
% change year-on-year - +6.25% -

Basel II
Job Vacancy Trend

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

Job vacancy trend for Basel II in the UK

Basel II
Salary Trend

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

Salary trend for Basel II in the UK

Basel II
Salary Histogram

The salary distribution of IT jobs citing Basel II over the 6 months to 21 October 2017.

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 21 October 2017. 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 +49 5 £52,500 -16.00%
London +18 4 £55,000 -12.00%
UK excluding London +39 2 £30,000 -
Scotland -17 1 - -
North of England - 1 £30,000 -
North West - 1 £30,000 -

For the 6 months to 21 October 2017, IT jobs citing Basel II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads with a requirement for Basel II.

1 5 (83.33%) Finance
1 5 (83.33%) Banking
2 4 (66.67%) Basel III
3 3 (50.00%) SWIFT
3 3 (50.00%) Product Management
3 3 (50.00%) Cash Management
3 3 (50.00%) Degree
3 3 (50.00%) Credit Risk
3 3 (50.00%) KYC
3 3 (50.00%) Anti-Money Laundering
3 3 (50.00%) Analytical Skills
3 3 (50.00%) PSD2
4 2 (33.33%) Creative Problem-Solving
4 2 (33.33%) FIS
4 2 (33.33%) SAS
4 2 (33.33%) Validation
4 2 (33.33%) Retail Banking
4 2 (33.33%) Corporate Banking
4 2 (33.33%) Waterfall
4 2 (33.33%) Agile Software Development
5 1 (16.67%) R
5 1 (16.67%) Portfolio Management
5 1 (16.67%) Marketing
5 1 (16.67%) SAS Macro
5 1 (16.67%) Base SAS
5 1 (16.67%) Mathematics
5 1 (16.67%) Wealth Management
5 1 (16.67%) Retail
5 1 (16.67%) Legal
5 1 (16.67%) Risk Management

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 2 (33.33%) SAS
Applications
1 1 (16.67%) Microsoft Excel
1 1 (16.67%) Microsoft Office
Database & Business Intelligence
1 1 (16.67%) Base SAS
General
1 5 (83.33%) Banking
1 5 (83.33%) Finance
2 2 (33.33%) Corporate Banking
2 2 (33.33%) Retail Banking
3 1 (16.67%) Legal
3 1 (16.67%) Marketing
3 1 (16.67%) Retail
Job Titles
1 5 (83.33%) Analyst
2 3 (50.00%) Business Analyst
3 2 (33.33%) Credit Analyst
3 2 (33.33%) Payments Analyst
3 2 (33.33%) Payments Business Analyst
4 1 (16.67%) Credit Risk Analyst
4 1 (16.67%) Credit Risk Modeller
4 1 (16.67%) Graduate
4 1 (16.67%) Graduate Analyst
4 1 (16.67%) Graduate Risk Analyst
4 1 (16.67%) Junior
4 1 (16.67%) Junior Analyst
4 1 (16.67%) Junior Risk Analyst
4 1 (16.67%) Risk Analyst
4 1 (16.67%) SAS Modeller
Miscellaneous
1 3 (50.00%) Analytical Skills
1 3 (50.00%) Credit Risk
1 3 (50.00%) SWIFT
2 1 (16.67%) Virtual Team
Processes & Methodologies
1 3 (50.00%) Anti-Money Laundering
1 3 (50.00%) Cash Management
1 3 (50.00%) KYC
1 3 (50.00%) Product Management
2 2 (33.33%) Agile Software Development
2 2 (33.33%) Creative Problem-Solving
2 2 (33.33%) Validation
2 2 (33.33%) Waterfall
3 1 (16.67%) Credit Risk Management
3 1 (16.67%) Credit Risk Modelling
3 1 (16.67%) Mathematics
3 1 (16.67%) Portfolio Management
3 1 (16.67%) Prototyping
3 1 (16.67%) Risk Management
3 1 (16.67%) Scorecard
3 1 (16.67%) Wealth Management
Programming Languages
1 1 (16.67%) MATLAB
1 1 (16.67%) R
1 1 (16.67%) SAS Macro
1 1 (16.67%) SQL
1 1 (16.67%) VB
Qualifications
1 3 (50.00%) Degree
Quality Assurance & Compliance
1 4 (66.67%) Basel III
2 3 (50.00%) PSD2
3 1 (16.67%) IFRS
3 1 (16.67%) IFRS 9
Vendors
1 2 (33.33%) FIS
2 1 (16.67%) Microsoft