Period
to 19 October 2017

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

Basel III
UK
6 months to
19 Oct 2017
Same period 2016 Same period 2015
Rank 1040 1199 1265
Rank change year-on-year +159 +66 -56
Permanent jobs citing Basel III 133 34 53
As % of all permanent IT jobs advertised in the UK 0.076% 0.018% 0.024%
As % of the Quality Assurance & Compliance category 0.61% 0.14% 0.19%
Number of salaries quoted 19 28 37
UK median annual salary £65,000 £70,000 £70,000
Median salary % change year-on-year -7.14% - -15.15%
10th Percentile £26,750 £61,375 £50,000
90th Percentile £78,750 £110,000 £105,000
UK excluding London median annual salary £28,500 £70,000 £38,500
% change year-on-year -59.29% +81.82% -30.00%

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 21885 25035 28014
As % of all permanent IT jobs advertised in the UK 12.53% 13.09% 12.77%
Number of salaries quoted 16239 19788 22155
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 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 19 October 2017.

Salary histogram for Basel III in the UK

Basel III
Top 4 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 19 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 +130 129 £68,000 -6.21% 3
London +117 129 £68,000 -6.21% 3
UK excluding London +61 4 £28,500 -59.29%
Scotland -6 4 £28,500 -59.29%

For the 6 months to 19 October 2017, IT jobs citing Basel III 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 III.

1 130 (97.74%) Finance
2 125 (93.98%) Banking
3 113 (84.96%) Investment Banking
4 107 (80.45%) Credit Risk
5 105 (78.95%) Retail
5 105 (78.95%) Retail Banking
6 104 (78.20%) Wealth Management
6 104 (78.20%) Project Management
7 103 (77.44%) Asset Management
8 99 (74.44%) Analytical Skills
9 98 (73.68%) Microsoft
10 97 (72.93%) Foreign Exchange (FX)
10 97 (72.93%) Equities
10 97 (72.93%) Derivative
11 96 (72.18%) Analytics
11 96 (72.18%) Microsoft Excel
12 95 (71.43%) SQL
12 95 (71.43%) Risk Analytics
12 95 (71.43%) JIRA
12 95 (71.43%) SDLC
12 95 (71.43%) OTC Derivatives
12 95 (71.43%) Credit Risk Analytics
13 89 (66.92%) Business Analysis
14 19 (14.29%) C#
15 12 (9.02%) SQL Server
15 12 (9.02%) MVC
15 12 (9.02%) SQL Server Integration Services
16 11 (8.27%) User Acceptance Testing
17 9 (6.77%) Agile Software Development
17 9 (6.77%) Business Intelligence

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 (3.01%) SAS
Applications
1 96 (72.18%) Microsoft Excel
2 4 (3.01%) Microsoft Office
Database & Business Intelligence
1 12 (9.02%) SQL Server
1 12 (9.02%) SQL Server Integration Services
2 8 (6.02%) Oracle Database
3 5 (3.76%) Blockchain
4 4 (3.01%) Data Warehouse
4 4 (3.01%) MS Access
4 4 (3.01%) SQL Server Reporting Services
5 1 (0.75%) Oracle Database 11g
5 1 (0.75%) Oracle Database 12c
5 1 (0.75%) SQLPlus
Development Applications
1 95 (71.43%) JIRA
2 8 (6.02%) MSTest
General
1 130 (97.74%) Finance
2 125 (93.98%) Banking
3 113 (84.96%) Investment Banking
4 105 (78.95%) Retail
4 105 (78.95%) Retail Banking
5 7 (5.26%) Financial Institution
6 5 (3.76%) Electronics
6 5 (3.76%) Manufacturing
6 5 (3.76%) Marketing
6 5 (3.76%) Telecoms
7 2 (1.50%) Corporate Banking
7 2 (1.50%) Front Office
Job Titles
1 102 (76.69%) Analyst
2 99 (74.44%) Business Analyst
3 50 (37.59%) Risk Analyst
3 50 (37.59%) Risk Analytics Analyst
3 50 (37.59%) Risk Analytics Business Analyst
3 50 (37.59%) Risk Business Analyst
4 39 (29.32%) Credit Analyst
5 28 (21.05%) Senior Analyst
5 28 (21.05%) Senior Business Analyst
5 28 (21.05%) Senior Risk Analyst
6 16 (12.03%) Developer
7 8 (6.02%) .NET Developer
8 7 (5.26%) Analytics Manager
8 7 (5.26%) Development Manager
8 7 (5.26%) Risk Analytics Manager
8 7 (5.26%) Risk Manager
9 6 (4.51%) Senior .NET Developer
9 6 (4.51%) Senior Developer
10 5 (3.76%) C# Developer
10 5 (3.76%) Relationships Manager
Libraries, Frameworks & Software Standards
1 8 (6.02%) .NET
1 8 (6.02%) .NET Framework
1 8 (6.02%) Entity Framework
1 8 (6.02%) WPF
2 7 (5.26%) Middleware
Miscellaneous
1 107 (80.45%) Credit Risk
2 99 (74.44%) Analytical Skills
3 97 (72.93%) Derivative
3 97 (72.93%) Equities
3 97 (72.93%) Foreign Exchange (FX)
4 95 (71.43%) OTC Derivatives
5 7 (5.26%) Enterprise Software
5 7 (5.26%) Grid Computing
6 5 (3.76%) Hedge funds
7 3 (2.26%) Spread Betting
7 3 (2.26%) SWIFT
8 2 (1.50%) Data Centre
8 2 (1.50%) Fintech
8 2 (1.50%) Market Risk
9 1 (0.75%) Virtual Team
Operating Systems
1 2 (1.50%) Unix
Processes & Methodologies
1 104 (78.20%) Project Management
1 104 (78.20%) Wealth Management
2 103 (77.44%) Asset Management
3 96 (72.18%) Analytics
4 95 (71.43%) Credit Risk Analytics
4 95 (71.43%) Risk Analytics
4 95 (71.43%) SDLC
5 89 (66.92%) Business Analysis
6 12 (9.02%) MVC
7 11 (8.27%) User Acceptance Testing
8 9 (6.77%) Agile Software Development
8 9 (6.77%) Business Intelligence
9 8 (6.02%) Anti-Money Laundering
9 8 (6.02%) Cash Management
9 8 (6.02%) Continuous Integration
9 8 (6.02%) KYC
9 8 (6.02%) TDD
10 7 (5.26%) Software Engineering
11 6 (4.51%) Business Development
11 6 (4.51%) Mathematics
Programming Languages
1 95 (71.43%) SQL
2 19 (14.29%) C#
3 6 (4.51%) MATLAB
3 6 (4.51%) R
4 4 (3.01%) VB
5 2 (1.50%) C++
5 2 (1.50%) Java
6 1 (0.75%) PL/SQL
Qualifications
1 3 (2.26%) Degree
Quality Assurance & Compliance
1 9 (6.77%) IFRS
1 9 (6.77%) IFRS 9
2 5 (3.76%) SEPA
2 5 (3.76%) TARGET2
3 4 (3.01%) Basel II
4 3 (2.26%) MiFID
4 3 (2.26%) PSD2
5 2 (1.50%) Sarbanes-Oxley
6 1 (0.75%) COREP
6 1 (0.75%) Dodd-Frank
6 1 (0.75%) EMIR
6 1 (0.75%) FINREP
6 1 (0.75%) QA
Vendors
1 98 (73.68%) Microsoft
2 8 (6.02%) Oracle
3 5 (3.76%) SAP
4 2 (1.50%) FIS
4 2 (1.50%) Teradata