Period
to 23 January 2018

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 23 January 2018 with a comparison to the same period in the previous 2 years.

Basel III
UK
6 months to
23 Jan 2018
Same period 2017 Same period 2016
Rank 1117 1159 1222
Rank change year-on-year +42 +63 -4
Permanent jobs citing Basel III 59 34 37
As % of all permanent IT jobs advertised in the UK 0.034% 0.019% 0.018%
As % of the Quality Assurance & Compliance category 0.27% 0.15% 0.14%
Number of salaries quoted 13 31 27
UK median annual salary £66,000 £62,500 £60,000
Median salary % change year-on-year +5.60% +4.17% -33.33%
10th Percentile £47,000 £48,750 £35,250
90th Percentile £78,750 £100,750 £87,750
UK excluding London median annual salary £37,500 - £38,500

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 22,141 22,183 26,870
As % of all permanent IT jobs advertised in the UK 12.68% 12.61% 12.97%
Number of salaries quoted 17,142 17,565 21,328
UK median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £27,500 £26,750 £26,500
90th Percentile £80,000 £77,500 £75,000
UK excluding London median annual salary £43,000 £42,500 £42,500
% change year-on-year +1.18% - +6.25%

Basel III
Job Vacancy Trend

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

Job vacancy trend for Basel III in the UK

Basel III
Salary Trend

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

Salary trend for Basel III in the UK

Basel III
Salary Histogram

The salary distribution of IT jobs citing Basel III over the 6 months to 23 January 2018.

Salary histogram for Basel III in the UK

Basel III
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 III within the UK over the 6 months to 23 January 2018. 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 +23 58 £66,000 +5.60% 2
London 0 57 £68,000 +8.80% 2
UK excluding London - 2 £37,500 -
North of England - 1 £37,500 -
Yorkshire - 1 £37,500 -
Scotland - 1 - -

For the 6 months to 23 January 2018, 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 57 (96.61%) Finance
2 53 (89.83%) Banking
3 43 (72.88%) Investment Banking
4 39 (66.10%) Credit Risk
5 37 (62.71%) Wealth Management
5 37 (62.71%) Project Management
6 36 (61.02%) Asset Management
6 36 (61.02%) Retail Banking
7 31 (52.54%) Analytical Skills
8 30 (50.85%) Derivative
8 30 (50.85%) Foreign Exchange (FX)
8 30 (50.85%) Equities
9 29 (49.15%) Analytics
10 28 (47.46%) Risk Analytics
10 28 (47.46%) SDLC
10 28 (47.46%) JIRA
10 28 (47.46%) SQL
10 28 (47.46%) OTC Derivatives
10 28 (47.46%) Credit Risk Analytics
11 26 (44.07%) Microsoft Excel
11 26 (44.07%) Microsoft
12 22 (37.29%) Business Analysis
13 14 (23.73%) C#
14 10 (16.95%) User Acceptance Testing
15 9 (15.25%) IFRS
15 9 (15.25%) IFRS 9
16 8 (13.56%) Middleware
16 8 (13.56%) Business Intelligence
17 7 (11.86%) Oracle
17 7 (11.86%) SQL Server

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 (6.78%) SAS
Applications
1 26 (44.07%) Microsoft Excel
2 4 (6.78%) Microsoft Office
3 1 (1.69%) Microsoft Project
Business Applications
1 7 (11.86%) Distributed Ledger
Database & Business Intelligence
1 7 (11.86%) Blockchain
1 7 (11.86%) Oracle Database
1 7 (11.86%) SQL Server
2 6 (10.17%) SQL Server Integration Services
3 1 (1.69%) Data Warehouse
3 1 (1.69%) MS Access
3 1 (1.69%) SQL Server Reporting Services
Development Applications
1 28 (47.46%) JIRA
2 5 (8.47%) MSTest
General
1 57 (96.61%) Finance
2 53 (89.83%) Banking
3 43 (72.88%) Investment Banking
4 36 (61.02%) Retail Banking
5 7 (11.86%) Electronics
5 7 (11.86%) Financial Institution
5 7 (11.86%) Manufacturing
5 7 (11.86%) Marketing
5 7 (11.86%) Telecoms
6 2 (3.39%) Front Office
7 1 (1.69%) International Banking
Job Titles
1 34 (57.63%) Analyst
2 30 (50.85%) Business Analyst
3 21 (35.59%) Risk Analyst
4 20 (33.90%) Risk Analytics Analyst
4 20 (33.90%) Risk Analytics Business Analyst
4 20 (33.90%) Risk Business Analyst
5 9 (15.25%) Developer
6 7 (11.86%) Account Manager
6 7 (11.86%) Analytics Manager
6 7 (11.86%) Development Manager
6 7 (11.86%) Risk Analytics Manager
6 7 (11.86%) Risk Manager
6 7 (11.86%) Senior Analyst
6 7 (11.86%) Senior Business Analyst
6 7 (11.86%) Senior Risk Analyst
7 6 (10.17%) Client Relationship Manager
7 6 (10.17%) Relationships Manager
8 5 (8.47%) .NET Developer
8 5 (8.47%) Senior .NET Developer
8 5 (8.47%) Senior Developer
Libraries, Frameworks & Software Standards
1 8 (13.56%) Middleware
2 5 (8.47%) .NET
2 5 (8.47%) .NET Framework
2 5 (8.47%) Entity Framework
2 5 (8.47%) WPF
Miscellaneous
1 39 (66.10%) Credit Risk
2 31 (52.54%) Analytical Skills
3 30 (50.85%) Derivative
3 30 (50.85%) Equities
3 30 (50.85%) Foreign Exchange (FX)
4 28 (47.46%) OTC Derivatives
5 7 (11.86%) Enterprise Software
5 7 (11.86%) Grid Computing
6 3 (5.08%) Fintech
6 3 (5.08%) Hedge funds
6 3 (5.08%) Market Risk
7 2 (3.39%) Spread Betting
8 1 (1.69%) SWIFT
8 1 (1.69%) Virtual Team
Operating Systems
1 2 (3.39%) Unix
Processes & Methodologies
1 37 (62.71%) Project Management
1 37 (62.71%) Wealth Management
2 36 (61.02%) Asset Management
3 29 (49.15%) Analytics
4 28 (47.46%) Credit Risk Analytics
4 28 (47.46%) Risk Analytics
4 28 (47.46%) SDLC
5 22 (37.29%) Business Analysis
6 10 (16.95%) User Acceptance Testing
7 8 (13.56%) Business Intelligence
8 7 (11.86%) Business Development
8 7 (11.86%) Digital Marketing
8 7 (11.86%) Mathematics
8 7 (11.86%) Programme Management
8 7 (11.86%) Software Engineering
9 6 (10.17%) Agile Project Management
9 6 (10.17%) Anti-Money Laundering
9 6 (10.17%) Cash Management
9 6 (10.17%) KYC
9 6 (10.17%) Market Research
Programming Languages
1 28 (47.46%) SQL
2 14 (23.73%) C#
3 6 (10.17%) MATLAB
3 6 (10.17%) R
4 4 (6.78%) VB
5 2 (3.39%) C++
5 2 (3.39%) Java
6 1 (1.69%) T-SQL
Qualifications
1 1 (1.69%) Degree
1 1 (1.69%) PRINCE2 Certification
Quality Assurance & Compliance
1 9 (15.25%) IFRS
1 9 (15.25%) IFRS 9
2 7 (11.86%) SEPA
2 7 (11.86%) TARGET2
3 2 (3.39%) Basel II
3 2 (3.39%) MiFID
4 1 (1.69%) QA
Vendors
1 26 (44.07%) Microsoft
2 7 (11.86%) Oracle
2 7 (11.86%) SAP
3 2 (3.39%) Teradata
4 1 (1.69%) Cognos