Period
to 20 August 2017

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

Foreign Account Tax Compliance Act (FATCA)
UK
6 months to
20 Aug 2017
Same period 2016 Same period 2015
Rank 1139 1165 1187
Rank change year-on-year +26 +22 +61
Permanent jobs citing FATCA 38 102 102
As % of all permanent IT jobs advertised in the UK 0.022% 0.052% 0.047%
As % of the Quality Assurance & Compliance category 0.18% 0.39% 0.36%
Number of salaries quoted 22 68 61
UK median annual salary £70,000 £62,000 £60,000
Median salary % change year-on-year +12.90% +3.33% -7.69%
10th Percentile £50,000 £37,500 £36,000
90th Percentile £85,000 £137,500 £87,500
UK excluding London median annual salary - £50,162 £50,000
% change year-on-year - +0.32% -1.96%

FATCA 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 21432 26017 28025
As % of all permanent IT job vacancies advertised in the UK 12.20% 13.20% 12.92%
Number of salaries quoted 16031 20654 22020
UK median annual salary £48,500 £48,500 £45,000
Median salary % change year-on-year - +7.78% -
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% -

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 20 August 2017.

Salary histogram for FATCA in the UK

FATCA
Top 5 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 20 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 +16 38 £70,000 +12.45%
London -6 37 £70,000 +7.69%
UK excluding London +50 1 - - 1
North of England -15 1 - -
Yorkshire - 1 - -

For the 6 months to 20 August 2017, IT jobs citing FATCA 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 FATCA.

1 31 (81.58%) MiFID
2 20 (52.63%) Finance
3 18 (47.37%) Degree
4 17 (44.74%) Analytical Skills
5 13 (34.21%) Agile Software Development
5 13 (34.21%) EMIR
6 12 (31.58%) Waterfall
6 12 (31.58%) Banking
6 12 (31.58%) Derivative
6 12 (31.58%) Foreign Exchange (FX)
7 11 (28.95%) COBOL
7 11 (28.95%) IBM
7 11 (28.95%) Scrum
7 11 (28.95%) Pega
7 11 (28.95%) Pega PRPC
8 9 (23.68%) Dodd-Frank
8 9 (23.68%) Financial Institution
9 8 (21.05%) Project Management
9 8 (21.05%) Portfolio Management
10 7 (18.42%) Computer Science
10 7 (18.42%) Business Analysis
10 7 (18.42%) Legal
11 6 (15.79%) Asset Management
11 6 (15.79%) Regulatory Compliance
12 5 (13.16%) Client Onboarding
12 5 (13.16%) SQL
13 4 (10.53%) Data Analytics
13 4 (10.53%) Analytics
13 4 (10.53%) Private Banking
13 4 (10.53%) Project Planning

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 1 (2.63%) SharePoint
Applications
1 4 (10.53%) Microsoft Office
2 3 (7.89%) Microsoft Excel
3 1 (2.63%) Microsoft PowerPoint
3 1 (2.63%) Open Workbench
Business Applications
1 11 (28.95%) Pega PRPC
2 2 (5.26%) Temenos Globus
3 1 (2.63%) SAP GTS
Communications & Networking
1 1 (2.63%) Internet
Database & Business Intelligence
1 3 (7.89%) Spotfire
1 3 (7.89%) SQL Server
2 1 (2.63%) Data Warehouse
General
1 20 (52.63%) Finance
2 12 (31.58%) Banking
3 9 (23.68%) Financial Institution
4 7 (18.42%) Legal
5 4 (10.53%) Back Office
5 4 (10.53%) Private Banking
6 1 (2.63%) Corporate Banking
6 1 (2.63%) General Ledger
6 1 (2.63%) Law
6 1 (2.63%) Marketing
6 1 (2.63%) Retail
Job Titles
1 19 (50.00%) Analyst
2 17 (44.74%) Business Analyst
3 9 (23.68%) Project Manager
4 5 (13.16%) Regulatory Business Analyst
5 4 (10.53%) Architect
5 4 (10.53%) Financial Services Project Manager
5 4 (10.53%) Senior Manager
5 4 (10.53%) Senior Project Manager
5 4 (10.53%) Senior Service Manager
6 2 (5.26%) Functional Architect
6 2 (5.26%) Implementation Analyst
6 2 (5.26%) IT Manager
6 2 (5.26%) IT Project Manager
6 2 (5.26%) MiFID Consultant
6 2 (5.26%) Product Consultant
6 2 (5.26%) Risk Manager
6 2 (5.26%) Software Analyst
6 2 (5.26%) Software Consultant
6 2 (5.26%) Technical Analyst
6 2 (5.26%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 4 (10.53%) XML
2 2 (5.26%) FIX Protocol
2 2 (5.26%) FpML
2 2 (5.26%) HTML
Miscellaneous
1 17 (44.74%) Analytical Skills
2 12 (31.58%) Derivative
2 12 (31.58%) Foreign Exchange (FX)
3 7 (18.42%) Computer Science
4 2 (5.26%) Enterprise Software
4 2 (5.26%) SWIFT
5 1 (2.63%) OTC Derivatives
Processes & Methodologies
1 13 (34.21%) Agile Software Development
2 12 (31.58%) Waterfall
3 11 (28.95%) Scrum
4 8 (21.05%) Portfolio Management
4 8 (21.05%) Project Management
5 7 (18.42%) Business Analysis
6 6 (15.79%) Asset Management
6 6 (15.79%) Regulatory Compliance
7 5 (13.16%) Client Onboarding
8 4 (10.53%) Analytics
8 4 (10.53%) Budgeting and Forecasting
8 4 (10.53%) Data Analytics
8 4 (10.53%) Mathematics
8 4 (10.53%) Project Planning
8 4 (10.53%) Wealth Management
9 3 (7.89%) Data Modelling
9 3 (7.89%) ERP
9 3 (7.89%) ETL
9 3 (7.89%) Migration
9 3 (7.89%) PRINCE2
Programming Languages
1 11 (28.95%) COBOL
2 5 (13.16%) SQL
3 2 (5.26%) PHP
Qualifications
1 18 (47.37%) Degree
2 3 (7.89%) Master's Degree
3 2 (5.26%) PRINCE2 Certification
4 1 (2.63%) ACCA
4 1 (2.63%) Computer Science Degree
4 1 (2.63%) ISEB
4 1 (2.63%) ISEB Practitioner
4 1 (2.63%) ISTQB
4 1 (2.63%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 31 (81.58%) MiFID
2 13 (34.21%) EMIR
3 9 (23.68%) Dodd-Frank
4 1 (2.63%) AIFMD
4 1 (2.63%) Data Quality
4 1 (2.63%) FINRA
4 1 (2.63%) GDPR
4 1 (2.63%) PMO
4 1 (2.63%) QA
4 1 (2.63%) UCITS
Vendors
1 11 (28.95%) IBM
1 11 (28.95%) Pega
2 4 (10.53%) Cognizant
2 4 (10.53%) Microsoft
2 4 (10.53%) SAP
2 4 (10.53%) Sun
3 3 (7.89%) Avaloq
3 3 (7.89%) Tableau
4 2 (5.26%) FNZ
5 1 (2.63%) Charles River