Period
to 20 February 2018

The following table provides summary statistics for permanent job vacancies with a requirement for IFRS 9 skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited IFRS 9 over the 6 months to 20 February 2018 with a comparison to the same period in the previous 2 years.

IFRS 9 Financial Instruments
UK
6 months to
20 Feb 2018
Same period 2017 Same period 2016
Rank 1142 1124 1242
Rank change year-on-year -18 +118 +51
Permanent jobs citing IFRS 9 56 60 58
As % of all permanent IT jobs advertised in the UK 0.032% 0.034% 0.028%
As % of the Quality Assurance & Compliance category 0.25% 0.28% 0.21%
Number of salaries quoted 32 50 55
UK median annual salary £75,000 £62,500 £62,500
Median salary % change year-on-year +20.00% - +66.67%
10th Percentile £55,000 £47,500 £43,750
90th Percentile £107,500 £80,375 £90,500
UK excluding London median annual salary £75,000 £50,000 £60,000
% change year-on-year +50.00% -16.67% -

IFRS 9 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 22,797 21,690 27,075
As % of all permanent IT jobs advertised in the UK 12.90% 12.41% 12.92%
Number of salaries quoted 17,727 17,199 21,448
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 £43,250 £42,500 £42,500
% change year-on-year +1.76% - +6.25%

IFRS 9
Job Vacancy Trend

Job postings citing IFRS 9 as a percentage of all IT jobs advertised.

Job vacancy trend for IFRS 9 in the UK

IFRS 9
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing IFRS 9.

Salary trend for IFRS 9 in the UK

IFRS 9
Salary Histogram

The salary distribution of IT jobs citing IFRS 9 over the 6 months to 20 February 2018.

Salary histogram for IFRS 9 in the UK

IFRS 9
Top 7 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing IFRS 9 within the UK over the 6 months to 20 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 -18 55 £75,000 +20.00% 11
London -13 44 £73,750 +18.00% 9
UK excluding London -23 12 £75,000 +50.00% 4
South East +18 10 £75,000 +50.00%
Yorkshire +6 1 £37,500 -25.00% 1
North of England -22 1 £37,500 -25.00% 1
Scotland - 1 £45,000 - 2

For the 6 months to 20 February 2018, IT jobs citing IFRS 9 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 IFRS 9.

1 56 (100.00%) IFRS
2 40 (71.43%) Finance
3 32 (57.14%) Banking
4 30 (53.57%) SAS
5 24 (42.86%) Analytical Skills
6 22 (39.29%) Financial Institution
7 21 (37.50%) Retail Banking
8 20 (35.71%) Investment Banking
9 18 (32.14%) Asset Management
9 18 (32.14%) Wealth Management
9 18 (32.14%) Credit Risk
10 15 (26.79%) Analytics
10 15 (26.79%) SQL
11 14 (25.00%) Python
12 13 (23.21%) MATLAB
12 13 (23.21%) Data Analysis
12 13 (23.21%) R
13 12 (21.43%) Market Risk
13 12 (21.43%) SDLC
13 12 (21.43%) Java
14 11 (19.64%) Degree
14 11 (19.64%) Risk Analytics
14 11 (19.64%) FATCA
14 11 (19.64%) Credit Risk Analytics
15 10 (17.86%) Big Data
15 10 (17.86%) Scorecard
15 10 (17.86%) GDPR
15 10 (17.86%) Validation
16 9 (16.07%) Project Management
16 9 (16.07%) Dodd-Frank

IFRS 9
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 30 (53.57%) SAS
2 1 (1.79%) Confluence
Applications
1 1 (1.79%) Microsoft Excel
1 1 (1.79%) Microsoft Office
1 1 (1.79%) MS Visio
Cloud Services
1 1 (1.79%) IBM Blueworks
Database & Business Intelligence
1 10 (17.86%) Big Data
2 2 (3.57%) Data Warehouse
3 1 (1.79%) SAS Data Integration Studio
3 1 (1.79%) SQL Server
3 1 (1.79%) SQL Server Integration Services
Development Applications
1 1 (1.79%) JIRA
General
1 40 (71.43%) Finance
2 32 (57.14%) Banking
3 22 (39.29%) Financial Institution
4 21 (37.50%) Retail Banking
5 20 (35.71%) Investment Banking
6 1 (1.79%) Advertising
6 1 (1.79%) Retail
Job Titles
1 23 (41.07%) Analyst
2 14 (25.00%) Developer
3 13 (23.21%) Business Analyst
4 7 (12.50%) Credit Analyst
5 6 (10.71%) Consultant
5 6 (10.71%) Credit Risk Manager
5 6 (10.71%) Data Consultant
5 6 (10.71%) Management Consultant
5 6 (10.71%) Risk Manager
6 5 (8.93%) Risk Analyst
6 5 (8.93%) SAS Analyst
7 4 (7.14%) Credit Risk Analyst
7 4 (7.14%) Senior Manager
7 4 (7.14%) Senior Risk Manager
8 3 (5.36%) Banking Analyst
8 3 (5.36%) Banking Business Analyst
8 3 (5.36%) Data Manager
8 3 (5.36%) Data Migration Manager
8 3 (5.36%) Migration Manager
8 3 (5.36%) Senior Analyst
Libraries, Frameworks & Software Standards
1 1 (1.79%) CSS
1 1 (1.79%) HTML
1 1 (1.79%) XML
1 1 (1.79%) XSD
Miscellaneous
1 24 (42.86%) Analytical Skills
2 18 (32.14%) Credit Risk
3 12 (21.43%) Market Risk
4 1 (1.79%) Management Information System
Processes & Methodologies
1 18 (32.14%) Asset Management
1 18 (32.14%) Wealth Management
2 15 (26.79%) Analytics
3 13 (23.21%) Data Analysis
4 12 (21.43%) SDLC
5 11 (19.64%) Credit Risk Analytics
5 11 (19.64%) Risk Analytics
6 10 (17.86%) Scorecard
6 10 (17.86%) Validation
7 9 (16.07%) Data Science
7 9 (16.07%) Project Management
7 9 (16.07%) User Acceptance Testing
8 8 (14.29%) Credit Risk Modelling
8 8 (14.29%) Data Management
9 6 (10.71%) Data Governance
10 5 (8.93%) Data Migration
10 5 (8.93%) Migration
11 3 (5.36%) Mathematics
11 3 (5.36%) Statistics
11 3 (5.36%) Stress Testing
Programming Languages
1 15 (26.79%) SQL
2 14 (25.00%) Python
3 13 (23.21%) MATLAB
3 13 (23.21%) R
4 12 (21.43%) Java
5 1 (1.79%) C#
Qualifications
1 11 (19.64%) Degree
2 2 (3.57%) PhD
3 1 (1.79%) ACCA
3 1 (1.79%) CIMA
3 1 (1.79%) CIPFA
Quality Assurance & Compliance
1 56 (100.00%) IFRS
2 11 (19.64%) FATCA
3 10 (17.86%) GDPR
4 9 (16.07%) Basel III
4 9 (16.07%) Dodd-Frank
4 9 (16.07%) Solvency II
5 2 (3.57%) Data Quality
5 2 (3.57%) MiFID
6 1 (1.79%) IAS 39
Vendors
1 1 (1.79%) Informatica
1 1 (1.79%) Oracle