Period
to 11 July 2020

The following table provides summary statistics for permanent job vacancies with a requirement for Basel III skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Basel III over the 6 months to 11 July 2020 with a comparison to the same period in the previous 2 years.

Basel III
UK
6 months to
11 Jul 2020
Same period 2019 Same period 2018
Rank 822 1067 1201
Rank change year-on-year +245 +134 -74
Permanent jobs citing Basel III 17 30 10
As % of all permanent jobs advertised in the UK 0.022% 0.020% 0.006%
As % of the Quality Assurance & Compliance category 0.18% 0.15% 0.043%
Number of salaries quoted 10 26 8
Median annual salary £95,000 £67,500 £67,500
Median salary % change year-on-year +40.74% - +22.73%
10th Percentile £51,250 £51,250 £58,125
90th Percentile £98,500 £71,250 £117,500
UK excluding London median annual salary - £65,000 -

Basel III 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 9,428 20,002 23,013
As % of all permanent IT jobs advertised in the UK 12.22% 13.67% 12.98%
Number of salaries quoted 7,181 14,698 17,606
Median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £30,000 £28,250 £28,125
90th Percentile £85,000 £83,750 £80,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +8.43%

Basel III
Job Vacancy Trend

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

Job vacancy trend for Basel III in the UK

Basel III
Salary Trend

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

Salary trend for Basel III in the UK

Basel III
Salary Histogram

Salary distribution for jobs citing Basel III over the 6 months to 11 July 2020.

Salary histogram for Basel III in the UK

Basel III
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 III within the UK over the 6 months to 11 July 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 +276 17 £95,000 +40.74% 3
London +168 17 £95,000 +40.74% 3

For the 6 months to 11 July 2020, IT jobs citing Basel III 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 III.

1 17 (100.00%) Finance
2 8 (47.06%) Migration
2 8 (47.06%) Data Analysis
2 8 (47.06%) Data Quality
3 7 (41.18%) Credit Risk
3 7 (41.18%) Statistics
3 7 (41.18%) Risk Management
3 7 (41.18%) Basel II
4 6 (35.29%) QA
4 6 (35.29%) Analytics
5 5 (29.41%) Internal Audit
5 5 (29.41%) Credit Risk Modelling
5 5 (29.41%) Decision-Making
5 5 (29.41%) SQL
5 5 (29.41%) Project Management
5 5 (29.41%) Degree
6 4 (23.53%) Data Management
6 4 (23.53%) Derivative
6 4 (23.53%) Validation
6 4 (23.53%) Risk Assessment
6 4 (23.53%) SAS
6 4 (23.53%) Python
6 4 (23.53%) MySQL
6 4 (23.53%) Oracle
6 4 (23.53%) Foreign Exchange (FX)
6 4 (23.53%) Financial Institution
6 4 (23.53%) ITGC
6 4 (23.53%) IT Audit
6 4 (23.53%) Data Lineage
6 4 (23.53%) CRD IV

Basel III
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 4 (23.53%) SAS
Applications
1 3 (17.65%) Microsoft Excel
2 1 (5.88%) Microsoft PowerPoint
2 1 (5.88%) Microsoft Project
2 1 (5.88%) MS Visio
Cloud Services
1 1 (5.88%) AWS
Database & Business Intelligence
1 4 (23.53%) MySQL
2 1 (5.88%) MongoDB
2 1 (5.88%) NoSQL
General
1 17 (100.00%) Finance
2 4 (23.53%) Financial Institution
3 2 (11.76%) German Language
4 1 (5.88%) Advertising
4 1 (5.88%) Banking
4 1 (5.88%) Retail
4 1 (5.88%) Wholesale Banking
Job Titles
1 4 (23.53%) Analyst
1 4 (23.53%) Credit Analyst
1 4 (23.53%) Credit Risk Analyst
1 4 (23.53%) Data Analyst
1 4 (23.53%) Risk Analyst
1 4 (23.53%) Risk Data Analyst
2 3 (17.65%) Audit Manager
2 3 (17.65%) Internal Audit Manager
2 3 (17.65%) IT Audit Manager
2 3 (17.65%) IT Manager
2 3 (17.65%) IT Risk Manager
2 3 (17.65%) Portfolio Manager
2 3 (17.65%) Risk Manager
3 2 (11.76%) Liquidity Project Manager
3 2 (11.76%) Project Manager
3 2 (11.76%) Report Manager
4 1 (5.88%) Consultant
4 1 (5.88%) Developer
4 1 (5.88%) Programme Manager
4 1 (5.88%) Senior Consultant
Libraries, Frameworks & Software Standards
1 1 (5.88%) Flask
1 1 (5.88%) GraphQL
1 1 (5.88%) REST
Miscellaneous
1 7 (41.18%) Credit Risk
2 4 (23.53%) Derivative
2 4 (23.53%) Foreign Exchange (FX)
3 2 (11.76%) Credit Derivative
3 2 (11.76%) Equity Derivative
3 2 (11.76%) Fixed Income
3 2 (11.76%) Market Risk
3 2 (11.76%) Self-Motivation
Processes & Methodologies
1 8 (47.06%) Data Analysis
1 8 (47.06%) Migration
2 7 (41.18%) Risk Management
2 7 (41.18%) Statistics
3 6 (35.29%) Analytics
4 5 (29.41%) Credit Risk Modelling
4 5 (29.41%) Decision-Making
4 5 (29.41%) Internal Audit
4 5 (29.41%) Project Management
5 4 (23.53%) Data Architecture
5 4 (23.53%) Data Cleansing
5 4 (23.53%) Data Extraction
5 4 (23.53%) Data Governance
5 4 (23.53%) Data Lineage
5 4 (23.53%) Data Management
5 4 (23.53%) Data Munging
5 4 (23.53%) IT Audit
5 4 (23.53%) Portfolio Management
5 4 (23.53%) Risk Assessment
5 4 (23.53%) Validation
Programming Languages
1 5 (29.41%) SQL
2 4 (23.53%) Python
3 2 (11.76%) C#
3 2 (11.76%) C++
3 2 (11.76%) Java
3 2 (11.76%) VBA
Qualifications
1 5 (29.41%) Degree
2 2 (11.76%) PhD
3 1 (5.88%) CISA
3 1 (5.88%) CISM
3 1 (5.88%) CISSP
3 1 (5.88%) PMP
Quality Assurance & Compliance
1 8 (47.06%) Data Quality
2 7 (41.18%) Basel II
3 6 (35.29%) QA
4 4 (23.53%) CRD IV
4 4 (23.53%) ITGC
5 3 (17.65%) MiFID
6 2 (11.76%) Solvency II
7 1 (5.88%) GDPR
7 1 (5.88%) Sarbanes-Oxley
System Software
1 1 (5.88%) Docker
Vendors
1 4 (23.53%) Oracle