Period
to 16 August 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 16 August 2017 with a comparison to the same period in the previous 2 years.

Basel III
UK
6 months to
16 Aug 2017
Same period 2016 Same period 2015
Rank 1056 1218 1253
Rank change year-on-year +162 +35 -56
Permanent jobs citing Basel III 127 37 61
As % of all permanent IT jobs advertised in the UK 0.072% 0.019% 0.028%
As % of the Quality Assurance & Compliance category 0.59% 0.14% 0.22%
Number of salaries quoted 25 33 49
UK median annual salary £65,000 £70,000 £70,000
Median salary % change year-on-year -7.14% - -0.71%
10th Percentile £26,750 £55,750 £50,000
90th Percentile £100,750 £94,750 £105,000
UK excluding London median annual salary £29,250 £70,000 £70,000
% change year-on-year -58.21% - +27.27%

Basel III is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for quality assurance and compliance skills.

Quality Assurance & Compliance Skills
UK
Permanent job vacancies with a requirement for quality assurance and compliance skills 21555 26127 28080
As % of all permanent IT job vacancies advertised in the UK 12.20% 13.19% 12.92%
Number of salaries quoted 16117 20724 22058
UK median annual salary £48,000 £48,000 £45,000
Median salary % change year-on-year - +6.67% -
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 £40,000
% 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 16 August 2017.

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 16 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 +134 112 £71,250 +1.79% 7
London +125 111 £70,000 - 7
UK excluding London +49 16 £29,250 -58.21%
Scotland +23 15 £28,500 -59.29%
North of England +1 1 £85,000 -
North West -33 1 £85,000 -

For the 6 months to 16 August 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.

1 122 (96.06%) Finance
2 108 (85.04%) Banking
3 106 (83.46%) Credit Risk
4 104 (81.89%) Microsoft Excel
4 104 (81.89%) Microsoft
5 99 (77.95%) SQL
6 97 (76.38%) Investment Banking
7 92 (72.44%) Analytics
8 91 (71.65%) Retail
8 91 (71.65%) Business Analysis
9 90 (70.87%) Retail Banking
9 90 (70.87%) Project Management
9 90 (70.87%) Analytical Skills
10 89 (70.08%) Foreign Exchange (FX)
11 88 (69.29%) Equities
11 88 (69.29%) Derivative
12 87 (68.50%) Asset Management
12 87 (68.50%) JIRA
12 87 (68.50%) Wealth Management
12 87 (68.50%) SDLC
12 87 (68.50%) Risk Analytics
12 87 (68.50%) OTC Derivatives
12 87 (68.50%) Credit Risk Analytics
13 22 (17.32%) MVC
13 22 (17.32%) SQL Server
13 22 (17.32%) SQL Server Integration Services
14 20 (15.75%) C#
15 17 (13.39%) Business Intelligence
16 16 (12.60%) .NET
17 15 (11.81%) Data Warehouse

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:

Applications
1 104 (81.89%) Microsoft Excel
2 3 (2.36%) Microsoft Office
2 3 (2.36%) Microsoft PowerPoint
Business Applications
1 1 (0.79%) Oracle Cash Management
Database & Business Intelligence
1 22 (17.32%) SQL Server
1 22 (17.32%) SQL Server Integration Services
2 15 (11.81%) Data Warehouse
2 15 (11.81%) SQL Server Reporting Services
3 6 (4.72%) MS Access
4 2 (1.57%) Blockchain
5 1 (0.79%) DB2
5 1 (0.79%) Oracle Database
5 1 (0.79%) Oracle Database 11g
5 1 (0.79%) Oracle Database 12c
5 1 (0.79%) SQLPlus
Development Applications
1 87 (68.50%) JIRA
2 8 (6.30%) Bitbucket
2 8 (6.30%) Git (software)
3 7 (5.51%) MSTest
General
1 122 (96.06%) Finance
2 108 (85.04%) Banking
3 97 (76.38%) Investment Banking
4 91 (71.65%) Retail
5 90 (70.87%) Retail Banking
6 5 (3.94%) Financial Institution
7 2 (1.57%) Corporate Banking
7 2 (1.57%) Electronics
7 2 (1.57%) Front Office
7 2 (1.57%) Manufacturing
7 2 (1.57%) Marketing
7 2 (1.57%) Telecoms
Job Titles
1 96 (75.59%) Analyst
2 94 (74.02%) Business Analyst
3 50 (39.37%) Risk Analyst
4 49 (38.58%) Risk Analytics Analyst
4 49 (38.58%) Risk Analytics Business Analyst
4 49 (38.58%) Risk Business Analyst
5 39 (30.71%) Credit Analyst
6 28 (22.05%) Senior Analyst
6 28 (22.05%) Senior Business Analyst
6 28 (22.05%) Senior Risk Analyst
7 25 (19.69%) Developer
8 13 (10.24%) C# Developer
9 8 (6.30%) .NET Developer
9 8 (6.30%) Database Developer
9 8 (6.30%) SQL Database Developer
9 8 (6.30%) SQL Developer
10 5 (3.94%) C# .NET Developer
10 5 (3.94%) Lead .NET Developer
10 5 (3.94%) Lead Developer
10 5 (3.94%) Senior .NET Developer
Libraries, Frameworks & Software Standards
1 16 (12.60%) .NET
2 9 (7.09%) ASP.NET
2 9 (7.09%) ASP.NET MVC
3 8 (6.30%) XML
4 7 (5.51%) .NET Framework
4 7 (5.51%) Entity Framework
4 7 (5.51%) WPF
5 3 (2.36%) Middleware
6 1 (0.79%) Web Services
Miscellaneous
1 106 (83.46%) Credit Risk
2 90 (70.87%) Analytical Skills
3 89 (70.08%) Foreign Exchange (FX)
4 88 (69.29%) Derivative
4 88 (69.29%) Equities
5 87 (68.50%) OTC Derivatives
6 13 (10.24%) Hedge funds
7 3 (2.36%) Market Risk
7 3 (2.36%) SWIFT
8 2 (1.57%) Data Centre
8 2 (1.57%) Spread Betting
9 1 (0.79%) Fintech
Processes & Methodologies
1 92 (72.44%) Analytics
2 91 (71.65%) Business Analysis
3 90 (70.87%) Project Management
4 87 (68.50%) Asset Management
4 87 (68.50%) Credit Risk Analytics
4 87 (68.50%) Risk Analytics
4 87 (68.50%) SDLC
4 87 (68.50%) Wealth Management
5 22 (17.32%) MVC
6 17 (13.39%) Business Intelligence
7 8 (6.30%) Investment Management
8 7 (5.51%) Continuous Integration
8 7 (5.51%) TDD
9 6 (4.72%) Cash Management
9 6 (4.72%) Credit Risk Management
9 6 (4.72%) User Acceptance Testing
9 6 (4.72%) Workflow
10 5 (3.94%) Issue Tracking
10 5 (3.94%) KYC
10 5 (3.94%) Process Improvement
Programming Languages
1 99 (77.95%) SQL
2 20 (15.75%) C#
3 8 (6.30%) VB.NET
3 8 (6.30%) VBA
4 2 (1.57%) Java
5 1 (0.79%) C++
5 1 (0.79%) MATLAB
5 1 (0.79%) PL/SQL
5 1 (0.79%) R
Qualifications
1 5 (3.94%) Degree
Quality Assurance & Compliance
1 6 (4.72%) Basel II
2 2 (1.57%) Dodd-Frank
2 2 (1.57%) MiFID
2 2 (1.57%) Sarbanes-Oxley
2 2 (1.57%) SEPA
2 2 (1.57%) TARGET2
3 1 (0.79%) COREP
3 1 (0.79%) CRD IV
3 1 (0.79%) EMIR
3 1 (0.79%) FINREP
3 1 (0.79%) IFRS
3 1 (0.79%) IFRS 9
3 1 (0.79%) QA
Vendors
1 104 (81.89%) Microsoft
2 8 (6.30%) Perforce
3 2 (1.57%) FIS
3 2 (1.57%) Oracle
3 2 (1.57%) SAP
4 1 (0.79%) JD Edwards