Period
to 23 August 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 23 August 2017 with a comparison to the same period in the previous 2 years.

Basel II
UK
6 months to
23 Aug 2017
Same period 2016 Same period 2015
Rank 1178 1231 1218
Rank change year-on-year +53 -13 +3
Permanent jobs citing Basel II 16 33 65
As % of all permanent IT jobs advertised in the UK 0.009% 0.017% 0.030%
As % of the Quality Assurance & Compliance category 0.074% 0.13% 0.23%
Number of salaries quoted 13 23 51
UK median annual salary £60,000 £62,500 £65,000
Median salary % change year-on-year -4.00% -3.85% -
10th Percentile £46,500 £41,500 £33,750
90th Percentile £67,250 £90,000 £77,500
UK excluding London median annual salary £59,500 £40,000 £43,500
% change year-on-year +48.75% -8.05% -13.00%

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 21525 25969 27996
As % of all permanent IT jobs advertised in the UK 12.23% 13.20% 12.93%
Number of salaries quoted 16060 20616 22019
UK median annual salary £49,000 £48,500 £45,000
Median salary % change year-on-year +1.03% +7.78% -
10th Percentile £27,000 £26,750 £26,250
90th Percentile £77,500 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,500
% change year-on-year - +4.94% +1.25%

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 23 August 2017.

Salary histogram for Basel II in the UK

Basel II
Top 7 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 23 August 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 +72 15 £60,000 -7.69% 3
London +27 11 £62,500 -3.85% 3
UK excluding London +59 5 £59,500 +48.75%
South West - 3 £60,000 -
Scotland +6 1 - -
North West - 1 £30,000 -
North of England - 1 £30,000 -

For the 6 months to 23 August 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 14 (87.50%) Finance
2 10 (62.50%) SQL
3 8 (50.00%) SAS
3 8 (50.00%) Banking
4 7 (43.75%) IFRS
4 7 (43.75%) IFRS 9
5 6 (37.50%) Strategic Management
5 6 (37.50%) Quantitative Analysis
5 6 (37.50%) Stress Testing
5 6 (37.50%) Benchmarking
5 6 (37.50%) Advertising
6 5 (31.25%) Retail
6 5 (31.25%) Basel III
7 4 (25.00%) Cash Management
7 4 (25.00%) Data Warehouse
7 4 (25.00%) Oracle
8 3 (18.75%) VB.NET
8 3 (18.75%) .NET
8 3 (18.75%) PL/SQL
8 3 (18.75%) Visual Studio
8 3 (18.75%) VSS/SourceSafe
8 3 (18.75%) ASP.NET
8 3 (18.75%) Windows
8 3 (18.75%) MSMQ
8 3 (18.75%) Business Intelligence
8 3 (18.75%) Sarbanes-Oxley
8 3 (18.75%) Data Protection
8 3 (18.75%) Product Management
8 3 (18.75%) Credit Risk
8 3 (18.75%) Degree

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 8 (50.00%) SAS
Applications
1 1 (6.25%) Microsoft Excel
1 1 (6.25%) Microsoft Office
Business Applications
1 1 (6.25%) Oracle Cash Management
Database & Business Intelligence
1 4 (25.00%) Data Warehouse
2 3 (18.75%) BusinessObjects
3 1 (6.25%) Base SAS
3 1 (6.25%) DB2
Development Applications
1 3 (18.75%) Visual Studio
1 3 (18.75%) VSS/SourceSafe
General
1 14 (87.50%) Finance
2 8 (50.00%) Banking
3 6 (37.50%) Advertising
4 5 (31.25%) Retail
5 2 (12.50%) Corporate Banking
5 2 (12.50%) Retail Banking
6 1 (6.25%) Investment Banking
6 1 (6.25%) Legal
6 1 (6.25%) Marketing
Job Titles
1 10 (62.50%) Analyst
2 6 (37.50%) Risk Analyst
2 6 (37.50%) Risk Manager
3 5 (31.25%) Financial Analyst
4 4 (25.00%) Qualitative Analyst
4 4 (25.00%) Quantitative Analyst
4 4 (25.00%) Quantitative Risk Analyst
4 4 (25.00%) Quantitative Risk Manager
5 3 (18.75%) Business Analyst
5 3 (18.75%) Business Intelligence Manager
5 3 (18.75%) Development Manager
6 2 (12.50%) .NET Development Manager
6 2 (12.50%) Business Manager
6 2 (12.50%) Credit Analyst
6 2 (12.50%) Junior
6 2 (12.50%) Oracle Development Manager
6 2 (12.50%) Payments Analyst
6 2 (12.50%) Payments Business Analyst
7 1 (6.25%) Credit Risk Modeller
7 1 (6.25%) SAS Modeller
Libraries, Frameworks & Software Standards
1 3 (18.75%) .NET
1 3 (18.75%) ASP.NET
1 3 (18.75%) MSMQ
2 1 (6.25%) Web Services
Miscellaneous
1 3 (18.75%) Analytical Skills
1 3 (18.75%) Credit Risk
1 3 (18.75%) Data Protection Act
1 3 (18.75%) SWIFT
2 1 (6.25%) N-Tier
2 1 (6.25%) Virtual Team
Operating Systems
1 3 (18.75%) Windows
Processes & Methodologies
1 6 (37.50%) Benchmarking
1 6 (37.50%) Quantitative Analysis
1 6 (37.50%) Strategic Management
1 6 (37.50%) Stress Testing
2 4 (25.00%) Cash Management
3 3 (18.75%) Agile Software Development
3 3 (18.75%) Anti-Money Laundering
3 3 (18.75%) Business Intelligence
3 3 (18.75%) Data Protection
3 3 (18.75%) KYC
3 3 (18.75%) Product Management
4 2 (12.50%) Creative Problem-Solving
4 2 (12.50%) Stakeholder Management
4 2 (12.50%) Validation
4 2 (12.50%) Waterfall
5 1 (6.25%) Credit Risk Management
5 1 (6.25%) Credit Risk Modelling
5 1 (6.25%) Portfolio Management
5 1 (6.25%) Prototyping
5 1 (6.25%) Scorecard
Programming Languages
1 10 (62.50%) SQL
2 3 (18.75%) PL/SQL
2 3 (18.75%) VB.NET
3 1 (6.25%) Java
3 1 (6.25%) MATLAB
3 1 (6.25%) R
3 1 (6.25%) SAS Macro
3 1 (6.25%) VB
Qualifications
1 3 (18.75%) Degree
Quality Assurance & Compliance
1 7 (43.75%) IFRS
1 7 (43.75%) IFRS 9
2 5 (31.25%) Basel III
3 3 (18.75%) Sarbanes-Oxley
4 1 (6.25%) Dodd-Frank
Vendors
1 4 (25.00%) Oracle
2 2 (12.50%) FIS
3 1 (6.25%) Microsoft