Period
to 21 May 2019

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 21 May 2019 with a comparison to the same period in the previous 2 years.

Basel III
UK
6 months to
21 May 2019
Same period 2018 Same period 2017
Rank 1068 1198 1109
Rank change year-on-year +130 -89 +142
Permanent jobs citing Basel III 30 8 66
As % of all permanent IT jobs advertised in the UK 0.021% 0.005% 0.039%
As % of the Quality Assurance & Compliance category 0.15% 0.036% 0.33%
Number of salaries quoted 23 6 48
UK median annual salary £67,500 £62,500 £55,000
Median salary % change year-on-year +8.00% +13.64% -21.43%
10th Percentile £46,000 £45,000 £27,000
90th Percentile £71,250 £91,875 £100,750
UK excluding London median annual salary £65,000 £37,500 £29,000
% change year-on-year +73.33% +29.31% -51.67%

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 20,015 22,013 20,286
As % of all permanent IT jobs advertised in the UK 13.88% 12.82% 12.01%
Number of salaries quoted 14,521 16,973 15,882
UK median annual salary £50,000 £50,000 £47,500
Median salary % change year-on-year - +5.26% -
10th Percentile £27,625 £28,000 £26,250
90th Percentile £82,500 £80,000 £77,500
UK excluding London median annual salary £45,000 £45,000 £40,000
% change year-on-year - +12.50% -5.88%

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 21 May 2019.

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 21 May 2019. 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 +108 22 £67,500 +8.00% 2
London +104 18 £67,500 - 2
UK excluding London +84 12 £65,000 +73.33%
Scotland - 8 £65,000 -
East Midlands - 4 - -
Midlands - 4 - -

For the 6 months to 21 May 2019, 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 30 (100.00%) Finance
2 22 (73.33%) Banking
3 16 (53.33%) Risk Management
4 12 (40.00%) Solvency II
5 11 (36.67%) Sarbanes-Oxley
6 10 (33.33%) Agile Software Development
6 10 (33.33%) Front Office
6 10 (33.33%) Migration
6 10 (33.33%) Scrum
6 10 (33.33%) SQL
6 10 (33.33%) Oracle
6 10 (33.33%) Oracle Reports
6 10 (33.33%) RDBMS
6 10 (33.33%) Kanban
6 10 (33.33%) Data Mapping
6 10 (33.33%) Risk Analysis
6 10 (33.33%) User Acceptance Testing
6 10 (33.33%) Investment Banking
6 10 (33.33%) Business Analysis
6 10 (33.33%) Oracle Database
6 10 (33.33%) Relational Database
7 8 (26.67%) Project Governance
7 8 (26.67%) Internal Audit
7 8 (26.67%) Data Analysis
8 5 (16.67%) Stress Testing
8 5 (16.67%) Hadoop
8 5 (16.67%) IFRS
9 4 (13.33%) Credit Risk Management
9 4 (13.33%) Decision-Making
9 4 (13.33%) 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 (13.33%) SAS
Applications
1 3 (10.00%) Microsoft Excel
Business Applications
1 3 (10.00%) SAP FS
2 1 (3.33%) SAP MDG
2 1 (3.33%) SAP S/4HANA
Database & Business Intelligence
1 10 (33.33%) Oracle Database
1 10 (33.33%) Oracle Reports
1 10 (33.33%) RDBMS
1 10 (33.33%) Relational Database
2 5 (16.67%) Hadoop
3 4 (13.33%) Big Data
3 4 (13.33%) Impala
4 1 (3.33%) Apache Hive
4 1 (3.33%) Pentaho
4 1 (3.33%) QlikView
4 1 (3.33%) Spotfire
General
1 30 (100.00%) Finance
2 22 (73.33%) Banking
3 10 (33.33%) Front Office
3 10 (33.33%) Investment Banking
4 3 (10.00%) Back Office
4 3 (10.00%) Retail
5 1 (3.33%) Wholesale Banking
Job Titles
1 13 (43.33%) Analyst
2 11 (36.67%) Risk Analyst
3 10 (33.33%) Business Analyst
4 8 (26.67%) Audit Consultant
4 8 (26.67%) Banking Analyst
4 8 (26.67%) Banking Business Analyst
4 8 (26.67%) Consultant
4 8 (26.67%) Data Analysis Business Analyst
4 8 (26.67%) Data Business Analyst
4 8 (26.67%) Finance Business Analyst
4 8 (26.67%) Financial Analyst
4 8 (26.67%) IT Audit Consultant
4 8 (26.67%) IT Consultant
4 8 (26.67%) IT Risk Consultant
4 8 (26.67%) Risk Business Analyst
4 8 (26.67%) Risk Consultant
5 4 (13.33%) Finance Manager
5 4 (13.33%) SAP Manager
5 4 (13.33%) SAS Architect
5 4 (13.33%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (3.33%) Natural Language Processing
Miscellaneous
1 4 (13.33%) Credit Risk
2 3 (10.00%) Market Risk
2 3 (10.00%) Robotics
3 1 (3.33%) Analytical Skills
Processes & Methodologies
1 16 (53.33%) Risk Management
2 10 (33.33%) Agile Software Development
2 10 (33.33%) Business Analysis
2 10 (33.33%) Data Mapping
2 10 (33.33%) Kanban
2 10 (33.33%) Migration
2 10 (33.33%) Risk Analysis
2 10 (33.33%) Scrum
2 10 (33.33%) User Acceptance Testing
3 8 (26.67%) Data Analysis
3 8 (26.67%) Internal Audit
3 8 (26.67%) Project Governance
4 5 (16.67%) Stress Testing
5 4 (13.33%) Business Development
5 4 (13.33%) Credit Risk Management
5 4 (13.33%) Decision-Making
5 4 (13.33%) ERP
5 4 (13.33%) ETL
5 4 (13.33%) Process Improvement
6 3 (10.00%) Performance Improvement
Programming Languages
1 10 (33.33%) SQL
2 1 (3.33%) Python
2 1 (3.33%) R
Qualifications
1 3 (10.00%) ACCA
1 3 (10.00%) CIMA
1 3 (10.00%) Degree
1 3 (10.00%) MBA
Quality Assurance & Compliance
1 12 (40.00%) Solvency II
2 11 (36.67%) Sarbanes-Oxley
3 5 (16.67%) IFRS
4 4 (13.33%) COREP
4 4 (13.33%) CRD IV
5 3 (10.00%) Basel II
5 3 (10.00%) GDPR
5 3 (10.00%) IFRS 9
6 1 (3.33%) EMIR
6 1 (3.33%) MiFID
Vendors
1 10 (33.33%) Oracle
2 4 (13.33%) Ab Initio
2 4 (13.33%) SAP
3 3 (10.00%) Microsoft
4 1 (3.33%) Tableau