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 3 months to 25 June 2017 with a comparison to the same period in the previous 2 years.

Foreign Account Tax Compliance Act (FATCA)
UK
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 849 882 936
Rank change year-on-year +33 +54  
Permanent jobs citing FATCA 23 42 35
As % of all permanent IT jobs advertised in the UK 0.026% 0.043% 0.032%
As % of the Quality Assurance & Compliance category 0.22% 0.33% 0.25%
Number of salaries quoted 14 28 28
Median salary £70,000 £70,000 £59,000
Median salary % change year-on-year - +18.64%  
90% offered a salary of more than £55,000 £36,000 £36,000
10% offered a salary of more than £95,500 £125,000 £96,500
UK excluding London median salary - £49,765 £51,250
% change year-on-year - -2.89%  

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 10540 12701 14115
As % of all permanent IT job vacancies advertised in the UK 11.97% 13.08% 12.75%
Number of salaries quoted 7952 10143 11130
Median salary £50,000 £50,000 £47,000
Median salary % change year-on-year - +6.38%  
90% offered a salary of more than £30,000 £30,000 £27,500
10% offered a salary of more than £75,000 £75,000 £75,000
UK excluding London median salary £45,000 £45,000 £42,500
% change year-on-year - +5.88%  

FATCA
Job Vacancy Trend

The job posting trend of jobs advertised citing FATCA as a proportion of all permanent or contract IT jobs with a match in the Quality Assurance & Compliance category.

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 3 months to 25 June 2017.

Salary histogram for FATCA in the UK

FATCA
Top 3 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 3 months to 25 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +33 23 £70,000 - 1
London +7 23 £70,000 - 1
City of London +28 4 £55,000 -21.42%

For the 6 months to 25 June 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 44 (89.80%) MiFID
2 27 (55.10%) Finance
3 19 (38.78%) Analytical Skills
4 18 (36.73%) Degree
4 18 (36.73%) Banking
5 16 (32.65%) Asset Management
6 15 (30.61%) Agile Software Development
6 15 (30.61%) Waterfall
7 14 (28.57%) Derivative
7 14 (28.57%) Pega
7 14 (28.57%) Scrum
7 14 (28.57%) Foreign Exchange (FX)
7 14 (28.57%) COBOL
7 14 (28.57%) IBM
7 14 (28.57%) Pega PRPC
8 13 (26.53%) EMIR
9 12 (24.49%) Wealth Management
9 12 (24.49%) Investment Management
9 12 (24.49%) Private Banking
10 11 (22.45%) Regulatory Compliance
11 10 (20.41%) Project Management
11 10 (20.41%) Business Analysis
12 9 (18.37%) CRM
12 9 (18.37%) Dodd-Frank
13 8 (16.33%) Portfolio Management
13 8 (16.33%) Financial Institution
14 6 (12.24%) Legal
15 5 (10.20%) Client Onboarding
16 4 (8.16%) Stakeholder Management
16 4 (8.16%) Sun

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 (2.04%) SharePoint
Applications
1 3 (6.12%) Microsoft Office
2 2 (4.08%) Microsoft Excel
3 1 (2.04%) Microsoft PowerPoint
3 1 (2.04%) Open Workbench
Business Applications
1 14 (28.57%) Pega PRPC
2 2 (4.08%) Temenos Globus
3 1 (2.04%) SAP GTS
Communications & Networking
1 1 (2.04%) Internet
Database & Business Intelligence
1 2 (4.08%) Spotfire
1 2 (4.08%) SQL Server
2 1 (2.04%) Data Warehouse
General
1 27 (55.10%) Finance
2 18 (36.73%) Banking
3 12 (24.49%) Private Banking
4 8 (16.33%) Financial Institution
5 6 (12.24%) Legal
6 3 (6.12%) Back Office
6 3 (6.12%) Front Office
7 2 (4.08%) Retail
8 1 (2.04%) General Ledger
8 1 (2.04%) Investment Banking
Job Titles
1 30 (61.22%) Analyst
2 29 (59.18%) Business Analyst
3 9 (18.37%) Business IT Analyst
3 9 (18.37%) IT Analyst
3 9 (18.37%) IT Business Analyst
4 8 (16.33%) Banking Analyst
4 8 (16.33%) Banking Business Analyst
4 8 (16.33%) Project Manager
5 6 (12.24%) Regulatory Business Analyst
6 5 (10.20%) Senior Manager
7 4 (8.16%) Architect
7 4 (8.16%) Financial Services Project Manager
7 4 (8.16%) Senior Project Manager
7 4 (8.16%) Senior Service Manager
8 3 (6.12%) Risk Manager
9 2 (4.08%) Senior Analyst
9 2 (4.08%) Senior Business Analyst
9 2 (4.08%) Software Consultant
9 2 (4.08%) Technical Analyst
9 2 (4.08%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 3 (6.12%) XML
2 2 (4.08%) FIX Protocol
2 2 (4.08%) FpML
3 1 (2.04%) HTML
Miscellaneous
1 19 (38.78%) Analytical Skills
2 14 (28.57%) Derivative
2 14 (28.57%) Foreign Exchange (FX)
3 4 (8.16%) Computer Science
4 2 (4.08%) Enterprise Software
4 2 (4.08%) SWIFT
5 1 (2.04%) Market Risk
Processes & Methodologies
1 16 (32.65%) Asset Management
2 15 (30.61%) Agile Software Development
2 15 (30.61%) Waterfall
3 14 (28.57%) Scrum
4 12 (24.49%) Investment Management
4 12 (24.49%) Wealth Management
5 11 (22.45%) Regulatory Compliance
6 10 (20.41%) Business Analysis
6 10 (20.41%) Project Management
7 9 (18.37%) CRM
8 8 (16.33%) Portfolio Management
9 5 (10.20%) Client Onboarding
10 4 (8.16%) Budgeting and Forecasting
10 4 (8.16%) Project Planning
10 4 (8.16%) Stakeholder Management
11 3 (6.12%) Anti-Money Laundering
11 3 (6.12%) Data Analytics
11 3 (6.12%) Data Modelling
11 3 (6.12%) Migration
11 3 (6.12%) SDLC
Programming Languages
1 14 (28.57%) COBOL
2 3 (6.12%) SQL
3 1 (2.04%) PHP
Qualifications
1 18 (36.73%) Degree
2 2 (4.08%) ISEB
2 2 (4.08%) Master's Degree
3 1 (2.04%) ACCA
3 1 (2.04%) Computer Science Degree
3 1 (2.04%) ISEB Practitioner
3 1 (2.04%) ISTQB
3 1 (2.04%) ISTQB Foundation Certification
3 1 (2.04%) PRINCE2 Certification
Quality Assurance & Compliance
1 44 (89.80%) MiFID
2 13 (26.53%) EMIR
3 9 (18.37%) Dodd-Frank
4 2 (4.08%) IFRS
5 1 (2.04%) AIFMD
5 1 (2.04%) GDPR
5 1 (2.04%) IFRS 9
5 1 (2.04%) PMO
5 1 (2.04%) QA
Vendors
1 14 (28.57%) IBM
1 14 (28.57%) Pega
2 4 (8.16%) Cognizant
2 4 (8.16%) SAP
2 4 (8.16%) Sun
3 3 (6.12%) Microsoft
4 2 (4.08%) Avaloq
4 2 (4.08%) Tableau
5 1 (2.04%) FNZ
London
McGregor Boyall
Salary: £45000 - £65000 per annum + benefits
Posted: 3 days ago