Period
to 22 October 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 22 October 2017 with a comparison to the same period in the previous 2 years.

Foreign Account Tax Compliance Act (FATCA)
UK
6 months to
22 Oct 2017
Same period 2016 Same period 2015
Rank 1148 1173 1205
Rank change year-on-year +25 +32 +35
Permanent jobs citing FATCA 36 74 98
As % of all permanent IT jobs advertised in the UK 0.021% 0.039% 0.045%
As % of the Quality Assurance & Compliance category 0.16% 0.30% 0.35%
Number of salaries quoted 30 49 70
UK median annual salary £73,750 £70,000 £62,500
Median salary % change year-on-year +5.36% +12.00% +4.17%
10th Percentile £43,750 £39,100 £35,000
90th Percentile £112,525 £127,500 £85,125
UK excluding London median annual salary £47,500 £50,162 £40,000
% change year-on-year -5.31% +25.41% -23.08%

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 21860 24826 27908
As % of all permanent IT jobs advertised in the UK 12.54% 13.09% 12.76%
Number of salaries quoted 16227 19621 22039
UK median annual salary £50,000 £50,000 £45,000
Median salary % change year-on-year - +11.11% -
10th Percentile £27,500 £27,500 £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 22 October 2017.

Salary histogram for FATCA in the UK

FATCA
Top 6 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 22 October 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 +12 36 £73,750 +5.36% 1
London -17 35 £75,000 +3.45% 1
UK excluding London +37 1 £47,500 -5.31% 1
North of England +10 1 £47,500 -5.31%
North West -10 1 £47,500 -5.31%
South West - 1 £47,500 -

For the 6 months to 22 October 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 27 (75.00%) MiFID
2 25 (69.44%) Finance
3 15 (41.67%) Banking
3 15 (41.67%) Degree
4 14 (38.89%) EMIR
5 13 (36.11%) Regulatory Compliance
6 12 (33.33%) Analytical Skills
7 11 (30.56%) Back Office
8 10 (27.78%) Foreign Exchange (FX)
8 10 (27.78%) PRINCE2
8 10 (27.78%) Agile Software Development
8 10 (27.78%) Derivative
9 8 (22.22%) Computer Science
10 7 (19.44%) Pega
10 7 (19.44%) Waterfall
10 7 (19.44%) Pega PRPC
10 7 (19.44%) Project Management
10 7 (19.44%) IBM
10 7 (19.44%) COBOL
10 7 (19.44%) Stakeholder Management
10 7 (19.44%) Scrum
10 7 (19.44%) Business Analysis
11 6 (16.67%) ITIL
11 6 (16.67%) KYC
11 6 (16.67%) Anti-Money Laundering
12 5 (13.89%) Client Onboarding
12 5 (13.89%) Mathematics
12 5 (13.89%) SQL
12 5 (13.89%) Law
12 5 (13.89%) 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:

Applications
1 4 (11.11%) Microsoft Office
2 3 (8.33%) Microsoft Excel
Business Applications
1 7 (19.44%) Pega PRPC
2 1 (2.78%) Temenos Globus
Database & Business Intelligence
1 3 (8.33%) Spotfire
1 3 (8.33%) SQL Server
General
1 25 (69.44%) Finance
2 15 (41.67%) Banking
3 11 (30.56%) Back Office
4 5 (13.89%) Law
5 4 (11.11%) Financial Institution
5 4 (11.11%) Marketing
6 3 (8.33%) Private Banking
7 2 (5.56%) Legal
8 1 (2.78%) Corporate Banking
8 1 (2.78%) Front Office
8 1 (2.78%) Investment Banking
8 1 (2.78%) Retail
Job Titles
1 15 (41.67%) Analyst
2 13 (36.11%) Business Analyst
3 11 (30.56%) Project Manager
4 9 (25.00%) Banking Project Manager
4 9 (25.00%) IT Manager
4 9 (25.00%) IT Project Manager
5 6 (16.67%) Business Change Manager
5 6 (16.67%) Business Change Project Manager
6 4 (11.11%) Regulatory Business Analyst
7 3 (8.33%) Architect
7 3 (8.33%) MiFID Project Manager
8 2 (5.56%) Banking Analyst
8 2 (5.56%) Banking Business Analyst
8 2 (5.56%) Graduate
8 2 (5.56%) Graduate Analyst
8 2 (5.56%) Graduate Software Analyst
8 2 (5.56%) Implementation Analyst
8 2 (5.56%) Software Analyst
8 2 (5.56%) Technical Analyst
8 2 (5.56%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 4 (11.11%) XML
2 2 (5.56%) FIX Protocol
2 2 (5.56%) FpML
2 2 (5.56%) HTML
Miscellaneous
1 12 (33.33%) Analytical Skills
2 10 (27.78%) Derivative
2 10 (27.78%) Foreign Exchange (FX)
3 8 (22.22%) Computer Science
4 2 (5.56%) OTC Derivatives
5 1 (2.78%) SWIFT
Processes & Methodologies
1 13 (36.11%) Regulatory Compliance
2 10 (27.78%) Agile Software Development
2 10 (27.78%) PRINCE2
3 7 (19.44%) Business Analysis
3 7 (19.44%) Project Management
3 7 (19.44%) Scrum
3 7 (19.44%) Stakeholder Management
3 7 (19.44%) Waterfall
4 6 (16.67%) Anti-Money Laundering
4 6 (16.67%) ITIL
4 6 (16.67%) KYC
5 5 (13.89%) Asset Management
5 5 (13.89%) Client Onboarding
5 5 (13.89%) Mathematics
6 4 (11.11%) Data Management
7 3 (8.33%) Business Development
7 3 (8.33%) ETL
7 3 (8.33%) Physics
7 3 (8.33%) Statistics
7 3 (8.33%) Wealth Management
Programming Languages
1 7 (19.44%) COBOL
2 5 (13.89%) SQL
3 2 (5.56%) PHP
Qualifications
1 15 (41.67%) Degree
2 4 (11.11%) PRINCE2 Certification
3 3 (8.33%) Master's Degree
Quality Assurance & Compliance
1 27 (75.00%) MiFID
2 14 (38.89%) EMIR
3 3 (8.33%) Dodd-Frank
4 2 (5.56%) FINRA
4 2 (5.56%) GDPR
4 2 (5.56%) UCITS
5 1 (2.78%) Data Quality
5 1 (2.78%) PSD2
Vendors
1 7 (19.44%) IBM
1 7 (19.44%) Pega
2 4 (11.11%) Microsoft
3 3 (8.33%) Avaloq
3 3 (8.33%) SAP
3 3 (8.33%) Sun
3 3 (8.33%) Tableau
4 2 (5.56%) Charles River
4 2 (5.56%) FNZ