Period
to 21 February 2018

The following table provides summary statistics for permanent job vacancies with a requirement for FATCA skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited FATCA over the 6 months to 21 February 2018 with a comparison to the same period in the previous 2 years.

Foreign Account Tax Compliance Act (FATCA)
UK
6 months to
21 Feb 2018
Same period 2017 Same period 2016
Rank 1158 1138 1155
Rank change year-on-year -20 +17 +40
Permanent jobs citing FATCA 30 49 123
As % of all permanent IT jobs advertised in the UK 0.017% 0.028% 0.059%
As % of the Quality Assurance & Compliance category 0.13% 0.22% 0.46%
Number of salaries quoted 30 35 84
UK median annual salary £80,000 £65,000 £62,500
Median salary % change year-on-year +23.08% +4.00% -5.66%
10th Percentile £43,750 £42,500 £35,375
90th Percentile £112,525 £91,500 £84,250
UK excluding London median annual salary £47,500 £52,500 £55,662
% change year-on-year -9.52% -5.68% -7.23%

FATCA 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 22,781 21,835 26,913
As % of all permanent IT jobs advertised in the UK 12.92% 12.41% 12.92%
Number of salaries quoted 17,741 17,314 21,307
UK median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £27,500 £26,250 £26,250
90th Percentile £80,000 £77,500 £75,000
UK excluding London median annual salary £43,500 £42,500 £42,500
% change year-on-year +2.35% - +6.25%

FATCA
Job Vacancy Trend

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

Job vacancy trend for FATCA in the UK

FATCA
Salary Trend

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

Salary trend for FATCA in the UK

FATCA
Salary Histogram

The salary distribution of IT jobs citing FATCA over the 6 months to 21 February 2018.

Salary histogram for FATCA in the UK

FATCA
Top 7 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing FATCA within the UK over the 6 months to 21 February 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 -8 29 £80,000 +23.08% 2
London -3 28 £80,000 +23.08% 2
UK excluding London -5 2 £47,500 -9.52%
South West +8 1 £47,500 -
North of England +1 1 £47,500 -9.52%
North West -3 1 £47,500 -9.52%
Scotland - 1 £110,000 -

For the 6 months to 21 February 2018, IT jobs citing FATCA 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 FATCA.

1 21 (70.00%) Finance
2 20 (66.67%) Banking
3 16 (53.33%) MiFID
4 12 (40.00%) Degree
4 12 (40.00%) Dodd-Frank
5 11 (36.67%) Big Data
5 11 (36.67%) Solvency II
5 11 (36.67%) GDPR
5 11 (36.67%) IFRS
5 11 (36.67%) IFRS 9
6 10 (33.33%) Anti-Money Laundering
6 10 (33.33%) Data Management
7 9 (30.00%) Financial Institution
7 9 (30.00%) EMIR
7 9 (30.00%) Data Science
8 8 (26.67%) KYC
9 7 (23.33%) Data Governance
10 6 (20.00%) Regulatory Compliance
10 6 (20.00%) Back Office
10 6 (20.00%) PRINCE2
10 6 (20.00%) Stakeholder Management
11 5 (16.67%) ITIL
11 5 (16.67%) Migration
11 5 (16.67%) Project Management
11 5 (16.67%) Data Migration
12 4 (13.33%) Front Office
12 4 (13.33%) Law
12 4 (13.33%) Foreign Exchange (FX)
12 4 (13.33%) Business Analysis
12 4 (13.33%) Asset Management

FATCA
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 2 (6.67%) Apache Spark
1 2 (6.67%) SAS
Cloud Services
1 2 (6.67%) Amazon AWS
1 2 (6.67%) Cortana Intelligence Suite
1 2 (6.67%) Microsoft Azure
Database & Business Intelligence
1 11 (36.67%) Big Data
2 2 (6.67%) Apache Cassandra
2 2 (6.67%) Apache Hive
2 2 (6.67%) Hadoop
2 2 (6.67%) HBase
2 2 (6.67%) MongoDB
2 2 (6.67%) Neo4j
2 2 (6.67%) Power BI
2 2 (6.67%) QlikView
General
1 21 (70.00%) Finance
2 20 (66.67%) Banking
3 9 (30.00%) Financial Institution
4 6 (20.00%) Back Office
5 4 (13.33%) Front Office
5 4 (13.33%) Law
6 3 (10.00%) Investment Banking
6 3 (10.00%) Marketing
7 2 (6.67%) Retail Banking
8 1 (3.33%) Advertising
Job Titles
1 8 (26.67%) IT Manager
1 8 (26.67%) IT Project Manager
1 8 (26.67%) Project Manager
2 7 (23.33%) Analyst
3 6 (20.00%) Banking Project Manager
3 6 (20.00%) Consultant
3 6 (20.00%) Data Consultant
3 6 (20.00%) Management Consultant
4 5 (16.67%) Business Change Manager
4 5 (16.67%) Business Change Project Manager
5 4 (13.33%) Business Analyst
6 3 (10.00%) Banking Analyst
6 3 (10.00%) Banking Business Analyst
6 3 (10.00%) Data Manager
6 3 (10.00%) Data Migration Manager
6 3 (10.00%) Migration Manager
7 2 (6.67%) Business Manager
7 2 (6.67%) KYC Analyst
7 2 (6.67%) Principal Consultant
7 2 (6.67%) Senior Management Consultant
Libraries, Frameworks & Software Standards
1 2 (6.67%) D3.js
1 2 (6.67%) Natural Language Processing
Miscellaneous
1 4 (13.33%) Foreign Exchange (FX)
2 3 (10.00%) Computer Science
3 2 (6.67%) Derivative
4 1 (3.33%) Analytical Skills
4 1 (3.33%) OTC Derivatives
Processes & Methodologies
1 10 (33.33%) Anti-Money Laundering
1 10 (33.33%) Data Management
2 9 (30.00%) Data Science
3 8 (26.67%) KYC
4 7 (23.33%) Data Governance
5 6 (20.00%) PRINCE2
5 6 (20.00%) Regulatory Compliance
5 6 (20.00%) Stakeholder Management
6 5 (16.67%) Data Migration
6 5 (16.67%) ITIL
6 5 (16.67%) Migration
6 5 (16.67%) Project Management
7 4 (13.33%) Asset Management
7 4 (13.33%) Business Analysis
8 3 (10.00%) Business Development
8 3 (10.00%) Business Transformation
8 3 (10.00%) Client Onboarding
8 3 (10.00%) Mathematics
8 3 (10.00%) Visualisation
8 3 (10.00%) Wealth Management
Programming Languages
1 2 (6.67%) Python
1 2 (6.67%) R
1 2 (6.67%) SQL
Qualifications
1 12 (40.00%) Degree
2 2 (6.67%) Security Cleared
3 1 (3.33%) PRINCE2 Certification
Quality Assurance & Compliance
1 16 (53.33%) MiFID
2 12 (40.00%) Dodd-Frank
3 11 (36.67%) GDPR
3 11 (36.67%) IFRS
3 11 (36.67%) IFRS 9
3 11 (36.67%) Solvency II
4 9 (30.00%) EMIR
5 2 (6.67%) Data Quality
6 1 (3.33%) FINRA
6 1 (3.33%) UCITS
Vendors
1 2 (6.67%) Apple
1 2 (6.67%) Google
1 2 (6.67%) IBM
1 2 (6.67%) Microsoft
1 2 (6.67%) Sun
1 2 (6.67%) Tableau
2 1 (3.33%) Avaloq
2 1 (3.33%) Charles River
2 1 (3.33%) FNZ