Period
to 14 November 2019

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 14 November 2019 with a comparison to the same period in the previous 2 years.

IFRS 9 Financial Instruments
UK
6 months to
14 Nov 2019
Same period 2018 Same period 2017
Rank 1025 1091 1177
Rank change year-on-year +66 +86 -13
Permanent jobs citing IFRS 9 29 51 40
As % of all permanent IT jobs advertised in the UK 0.021% 0.031% 0.022%
As % of the Quality Assurance & Compliance category 0.16% 0.23% 0.18%
Number of salaries quoted 28 44 20
UK median annual salary £47,500 £70,000 £70,000
Median salary % change year-on-year -32.14% - +12.00%
10th Percentile £31,000 £39,941 £46,350
90th Percentile £93,750 £80,875 £111,000
UK excluding London median annual salary £38,750 £57,500 £34,250
% change year-on-year -32.61% +67.88% -31.50%

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 17,789 21,840 22,646
As % of all permanent IT jobs advertised in the UK 12.97% 13.35% 12.53%
Number of salaries quoted 13,472 16,479 16,887
UK median annual salary £50,000 £50,000 £50,000
10th Percentile £28,250 £28,000 £27,500
90th Percentile £82,500 £80,000 £77,500
UK excluding London median annual salary £45,000 £45,000 £42,500
% change year-on-year - +5.88% -

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 14 November 2019.

Salary histogram for IFRS 9 in the UK

IFRS 9
Top 9 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 14 November 2019. 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 +95 29 £47,500 -33.33% 3
UK excluding London +87 17 £38,750 -32.61% 1
Midlands +62 13 £34,000 -24.44%
London +56 12 £82,500 +13.79% 2
West Midlands +44 12 £34,000 -62.22%
South East +47 2 £55,000 -21.43%
Yorkshire - 2 £40,000 -
North of England - 2 £40,000 - 1
East Midlands +13 1 - -

For the 6 months to 14 November 2019, 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 29 (100.00%) IFRS
2 27 (93.10%) SAS
2 27 (93.10%) Finance
3 25 (86.21%) Banking
4 24 (82.76%) Credit Risk
5 22 (75.86%) Analytical Skills
6 18 (62.07%) Degree
6 18 (62.07%) Java
7 17 (58.62%) C
7 17 (58.62%) C++
8 15 (51.72%) Python
8 15 (51.72%) R
9 14 (48.28%) Statistical Modelling
9 14 (48.28%) Data Science
10 13 (44.83%) C#
10 13 (44.83%) Economics
11 12 (41.38%) Computer Science
11 12 (41.38%) Scala
11 12 (41.38%) Quantitative Analysis
11 12 (41.38%) Predictive Modelling
11 12 (41.38%) Financial Institution
11 12 (41.38%) Basel II
12 10 (34.48%) MATLAB
12 10 (34.48%) Stakeholder Management
12 10 (34.48%) Stress Testing
13 7 (24.14%) Microsoft Excel
13 7 (24.14%) SQL
13 7 (24.14%) Credit Risk Modelling
14 6 (20.69%) PhD
14 6 (20.69%) .NET

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 27 (93.10%) SAS
2 1 (3.45%) Apache Spark
Applications
1 7 (24.14%) Microsoft Excel
2 5 (17.24%) SPSS
Database & Business Intelligence
1 2 (6.90%) Big Data
2 1 (3.45%) Base SAS
2 1 (3.45%) Data Warehouse
2 1 (3.45%) Hadoop
2 1 (3.45%) QlikView
2 1 (3.45%) SAS Enterprise Guide
2 1 (3.45%) SQL Server
General
1 27 (93.10%) Finance
2 25 (86.21%) Banking
3 12 (41.38%) Financial Institution
4 5 (17.24%) Back Office
Job Titles
1 15 (51.72%) Consultant
2 12 (41.38%) Risk Consultant
3 6 (20.69%) Analyst
3 6 (20.69%) Credit Analyst
3 6 (20.69%) Credit Risk Analyst
3 6 (20.69%) Risk Analyst
4 5 (17.24%) Banking Analyst
4 5 (17.24%) Credit Risk Manager
4 5 (17.24%) Credit Risk Modeller
4 5 (17.24%) Qualitative Analyst
4 5 (17.24%) Quantitative Analyst
4 5 (17.24%) Quantitative Risk Analyst
4 5 (17.24%) Risk Manager
5 3 (10.34%) Graduate
5 3 (10.34%) Graduate Consultant
5 3 (10.34%) Junior
6 2 (6.90%) Data Scientist
6 2 (6.90%) Excel Specialist
6 2 (6.90%) Junior Consultant
6 2 (6.90%) Software Consultant
Libraries, Frameworks & Software Standards
1 6 (20.69%) .NET
2 1 (3.45%) HTML
2 1 (3.45%) Web Services
2 1 (3.45%) XML
Miscellaneous
1 24 (82.76%) Credit Risk
2 22 (75.86%) Analytical Skills
3 5 (17.24%) Derivative
4 2 (6.90%) Self-Motivation
Processes & Methodologies
1 14 (48.28%) Data Science
1 14 (48.28%) Statistical Modelling
2 13 (44.83%) Economics
3 12 (41.38%) Computer Science
3 12 (41.38%) Predictive Modelling
3 12 (41.38%) Quantitative Analysis
4 10 (34.48%) Stakeholder Management
4 10 (34.48%) Stress Testing
5 7 (24.14%) Credit Risk Modelling
6 6 (20.69%) Mathematics
6 6 (20.69%) Physics
7 5 (17.24%) Computational Finance
7 5 (17.24%) Decision-Making
7 5 (17.24%) Risk Management
7 5 (17.24%) Statistics
8 4 (13.79%) Problem-Solving
9 2 (6.90%) Analytical Thinking
9 2 (6.90%) Data Analytics
9 2 (6.90%) Financial Analysis
9 2 (6.90%) Machine Learning
Programming Languages
1 18 (62.07%) Java
2 17 (58.62%) C
2 17 (58.62%) C++
3 15 (51.72%) Python
3 15 (51.72%) R
4 13 (44.83%) C#
5 12 (41.38%) Scala
6 10 (34.48%) MATLAB
7 7 (24.14%) SQL
8 5 (17.24%) VBA
Qualifications
1 18 (62.07%) Degree
2 6 (20.69%) PhD
3 5 (17.24%) CFA
Quality Assurance & Compliance
1 29 (100.00%) IFRS
2 12 (41.38%) Basel II
3 2 (6.90%) GAAP
3 2 (6.90%) Solvency II
4 1 (3.45%) Basel III
4 1 (3.45%) Data Quality
4 1 (3.45%) PMO
Vendors
1 2 (6.90%) Microsoft
2 1 (3.45%) Ab Initio
2 1 (3.45%) Hyperion
2 1 (3.45%) Oracle
2 1 (3.45%) SAP
2 1 (3.45%) Teradata