Financial Modelling
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Financial Modelling skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Financial Modelling over the 6 months to 5 December 2023 with a comparison to the same period in the previous 2 years.

6 months to
5 Dec 2023
Same period 2022 Same period 2021
Rank 400 821 868
Rank change year-on-year +421 +47 -169
Permanent jobs citing Financial Modelling 376 254 241
As % of all permanent jobs advertised in the UK 0.70% 0.20% 0.19%
As % of the Processes & Methodologies category 0.75% 0.21% 0.20%
Number of salaries quoted 192 139 145
10th Percentile - £51,000 £47,500
25th Percentile - £60,000 £63,750
Median annual salary (50th Percentile) £39,085 £82,500 £77,500
Median % change year-on-year -52.62% +6.45% -4.62%
75th Percentile £47,500 £132,500 £88,750
90th Percentile £97,500 £136,250 £98,750
UK excluding London median annual salary £39,085 £58,750 £62,500
% change year-on-year -33.47% -6.00% +4.17%

All Process and Methodology Skills
UK

Financial Modelling is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 50,261 118,879 121,556
As % of all permanent jobs advertised in the UK 94.08% 95.74% 95.44%
Number of salaries quoted 36,398 72,456 81,203
10th Percentile £32,500 £34,500 £32,500
25th Percentile £43,750 £45,000 £42,500
Median annual salary (50th Percentile) £60,000 £60,000 £60,000
Median % change year-on-year - - +9.09%
75th Percentile £80,000 £82,500 £77,500
90th Percentile £100,000 £100,000 £95,000
UK excluding London median annual salary £52,500 £53,500 £50,000
% change year-on-year -1.87% +7.00% +4.17%

Financial Modelling
Job Vacancy Trend

Job postings citing Financial Modelling as a proportion of all IT jobs advertised.

Job vacancy trend for Financial Modelling in the UK

Financial Modelling
Salary Trend

3-month moving average salary quoted in jobs citing Financial Modelling.

Salary trend for Financial Modelling in the UK

Financial Modelling
Salary Histogram

Salary distribution for jobs citing Financial Modelling over the 6 months to 5 December 2023.

Salary histogram for Financial Modelling in the UK

Financial Modelling
Top 16 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Financial Modelling within the UK over the 6 months to 5 December 2023. 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
Jobs
England +394 325 £39,085 -54.02% 159
UK excluding London +305 183 £39,085 -33.47% 52
London +281 182 £39,085 -58.86% 116
Work from Home +331 140 £65,000 +15.56% 57
South East +159 47 £39,085 -28.94% 16
North of England +178 39 £107,500 - 10
East of England +124 32 £39,085 -34.86% 2
North West +141 25 £120,000 - 6
Scotland +77 23 £55,000 -15.38% 3
Midlands +124 16 £52,500 -19.23% 9
Yorkshire - 14 £95,000 - 4
East Midlands +53 11 £66,250 -49.04% 5
Wales +27 9 - - 7
Northern Ireland - 9 - -
South West - 8 - - 6
West Midlands +109 5 £52,500 -12.50% 4

Financial Modelling
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 58 (15.43%) Microsoft Excel
2 41 (10.90%) Microsoft PowerPoint
3 10 (2.66%) Microsoft Office
4 1 (0.27%) Spreadsheet
Business Applications
1 106 (28.19%) Hyperion Planning
2 3 (0.80%) IBM Planning Analytics
3 1 (0.27%) Cognos Controller
Cloud Services
1 16 (4.26%) Power Platform
2 15 (3.99%) Amazon S3
2 15 (3.99%) AWS
3 14 (3.72%) Serverless
4 12 (3.19%) Amazon EC2
4 12 (3.19%) Amazon ECS
4 12 (3.19%) Amazon SQS
4 12 (3.19%) AWS CloudFormation
4 12 (3.19%) AWS Lambda
4 12 (3.19%) OpenShift
5 5 (1.33%) IaaS
5 5 (1.33%) PaaS
5 5 (1.33%) SaaS
6 4 (1.06%) PowerApps
7 3 (0.80%) Azure
8 2 (0.53%) Azure Functions
8 2 (0.53%) Azure Storage
8 2 (0.53%) Cloud Computing
8 2 (0.53%) Cloud Functions
8 2 (0.53%) GCP
Communications & Networking
1 2 (0.53%) HTTP
1 2 (0.53%) HTTPS
1 2 (0.53%) TCP/IP
1 2 (0.53%) WPA
Database & Business Intelligence
1 16 (4.26%) Power BI
2 15 (3.99%) Tableau
3 13 (3.46%) Amazon Redshift
4 12 (3.19%) Amazon RDS
5 5 (1.33%) MS Access
6 1 (0.27%) Amazon Athena
6 1 (0.27%) Data Warehouse
6 1 (0.27%) GIS
6 1 (0.27%) NoSQL
6 1 (0.27%) Relational Database
6 1 (0.27%) SQL Server
6 1 (0.27%) Tableau Desktop
Development Applications
1 12 (3.19%) Artifactory
1 12 (3.19%) Jenkins
General
1 376 (100.00%) Finance
2 75 (19.95%) Social Skills
3 62 (16.49%) Analytical Skills
4 43 (11.44%) Banking
5 42 (11.17%) Investment Banking
6 23 (6.12%) Legal
7 21 (5.59%) French Language
8 19 (5.05%) Telecoms
9 14 (3.72%) Presentation Skills
10 12 (3.19%) Front Office
11 10 (2.66%) Inclusion and Diversity
12 9 (2.39%) Retail
13 7 (1.86%) Public Sector
14 5 (1.33%) Back Office
14 5 (1.33%) Organisational Skills
15 4 (1.06%) Billing
15 4 (1.06%) Manufacturing
16 3 (0.80%) Local Government
16 3 (0.80%) Pharmaceutical
17 2 (0.53%) Marketing
Job Titles
1 149 (39.63%) Development Manager
2 130 (34.57%) Business Manager
3 129 (34.31%) Business Development Manager
4 104 (27.66%) Consultant
4 104 (27.66%) Oracle Consultant
5 75 (19.95%) Analyst
6 34 (9.04%) Senior
7 19 (5.05%) Equity Analyst
8 17 (4.52%) Infrastructure Analyst
9 16 (4.26%) Senior Analyst
10 15 (3.99%) Financial Analyst
10 15 (3.99%) Senior Manager
11 12 (3.19%) AWS DevOps
11 12 (3.19%) AWS DevOps Engineer
11 12 (3.19%) AWS Engineer
11 12 (3.19%) DevOps Engineer
11 12 (3.19%) Kubernetes Engineer
11 12 (3.19%) Site Reliability Engineer
12 10 (2.66%) Developer
13 8 (2.13%) New Business Development Manager
Libraries, Frameworks & Software Standards
1 12 (3.19%) J2EE
2 3 (0.80%) Middleware
3 2 (0.53%) LangChain
3 2 (0.53%) PyTorch
3 2 (0.53%) TensorFlow
4 1 (0.27%) .NET
4 1 (0.27%) FIX Protocol
4 1 (0.27%) ODBC
Miscellaneous
1 143 (38.03%) NHS
2 22 (5.85%) Renewable Energy
3 15 (3.99%) Self-Motivation
4 12 (3.19%) Tandem
5 6 (1.60%) Onboarding
6 5 (1.33%) Management Information System
7 3 (0.80%) Algorithms
7 3 (0.80%) Biopharmaceutical
8 2 (0.53%) Blockchain
8 2 (0.53%) Cloud Native
8 2 (0.53%) Foreign Exchange (FX)
8 2 (0.53%) Greenfield Project
8 2 (0.53%) IoT
8 2 (0.53%) Low-Code
9 1 (0.27%) Data Centre
9 1 (0.27%) Data Structures
9 1 (0.27%) Equities
9 1 (0.27%) Exotic Derivative
9 1 (0.27%) FMCG
9 1 (0.27%) Market Risk
Processes & Methodologies
1 175 (46.54%) Business Development
2 148 (39.36%) Service Delivery
3 110 (29.26%) Actionable Insight
4 107 (28.46%) Validation
5 104 (27.66%) Cost Management
5 104 (27.66%) Data Validation
5 104 (27.66%) Migration
5 104 (27.66%) Root Cause Analysis
6 51 (13.56%) Decision-Making
7 31 (8.24%) Financial Analysis
8 30 (7.98%) Agile
9 27 (7.18%) Budgeting
9 27 (7.18%) Economics
10 23 (6.12%) Due Diligence
11 21 (5.59%) Problem-Solving
12 20 (5.32%) Budgeting and Forecasting
13 17 (4.52%) Analytics
13 17 (4.52%) Business Intelligence
13 17 (4.52%) CI/CD
14 16 (4.26%) Open Source
Programming Languages
1 119 (31.65%) SQL
2 22 (5.85%) Python
3 16 (4.26%) Go
4 12 (3.19%) Java
5 8 (2.13%) VBA
6 3 (0.80%) JavaScript
7 2 (0.53%) C#
7 2 (0.53%) TypeScript
8 1 (0.27%) C++
8 1 (0.27%) F#
Qualifications
1 143 (38.03%) DBS Check
2 70 (18.62%) Degree
3 37 (9.84%) Master's Degree
4 18 (4.79%) CFA
5 8 (2.13%) ACCA
5 8 (2.13%) MBA
6 6 (1.60%) CIMA
6 6 (1.60%) Numerate Degree
7 5 (1.33%) BPSS Clearance
8 3 (0.80%) Security Cleared
9 2 (0.53%) SC Cleared
10 1 (0.27%) PhD
10 1 (0.27%) PMI Certification
10 1 (0.27%) PMP
Quality Assurance & Compliance
1 5 (1.33%) QA
2 3 (0.80%) Actionable Recommendations
3 1 (0.27%) Data Quality
3 1 (0.27%) Dodd-Frank
3 1 (0.27%) EMIR
3 1 (0.27%) ISO/IEC 27001
3 1 (0.27%) MiFID
System Software
1 12 (3.19%) Docker
Systems Management
1 16 (4.26%) Kubernetes
2 12 (3.19%) Terraform
3 1 (0.27%) ITRS Geneos
Vendors
1 106 (28.19%) Hyperion
1 106 (28.19%) Oracle
2 18 (4.79%) Bloomberg
3 5 (1.33%) Microsoft
3 5 (1.33%) SAP
3 5 (1.33%) ServiceNow
4 4 (1.06%) Salesforce
5 3 (0.80%) CA
6 2 (0.53%) Google
6 2 (0.53%) IBM
7 1 (0.27%) Cognos
7 1 (0.27%) MarketAxess
7 1 (0.27%) Murex
7 1 (0.27%) PagerDuty
7 1 (0.27%) Tradeweb