Period
to 17 October 2017

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

IFRS 9 Financial Instruments
UK
6 months to
17 Oct 2017
Same period 2016 Same period 2015
Rank 1140 1180 1282
Rank change year-on-year +40 +102 -
Permanent jobs citing IFRS 9 37 61 15
As % of all permanent IT jobs advertised in the UK 0.021% 0.032% 0.007%
As % of the Quality Assurance & Compliance category 0.17% 0.24% 0.054%
Number of salaries quoted 17 60 15
UK median annual salary £65,000 £62,500 £50,350
Median salary % change year-on-year +4.00% +24.13% -
10th Percentile £40,650 £47,500 £32,550
90th Percentile £99,750 £77,000 £87,000
UK excluding London median annual salary £34,250 £50,000 £53,425
% change year-on-year -31.50% -6.41% -

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 21849 25080 27828
As % of all permanent IT jobs advertised in the UK 12.49% 13.07% 12.78%
Number of salaries quoted 16225 19848 21997
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% -

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 17 October 2017.

Salary histogram for IFRS 9 in the UK

IFRS 9
Top 5 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 17 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 +46 35 £65,000 +4.00% 6
London +25 33 £65,000 +4.00% 4
UK excluding London +26 4 £34,250 -31.50% 2
Scotland -13 2 £36,000 -51.35%
South East - 2 £32,500 -

For the 6 months to 17 October 2017, IT jobs citing IFRS 9 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 IFRS 9.

1 37 (100.00%) IFRS
2 33 (89.19%) Finance
3 30 (81.08%) Banking
4 22 (59.46%) Retail
5 21 (56.76%) Retail Banking
5 21 (56.76%) SAS
6 20 (54.05%) Investment Banking
7 18 (48.65%) Wealth Management
7 18 (48.65%) Asset Management
8 16 (43.24%) Analytical Skills
9 15 (40.54%) SQL
10 13 (35.14%) Credit Risk
11 12 (32.43%) Python
12 11 (29.73%) Market Risk
13 10 (27.03%) R
13 10 (27.03%) SDLC
13 10 (27.03%) Java
13 10 (27.03%) MATLAB
13 10 (27.03%) Project Management
13 10 (27.03%) Financial Institution
13 10 (27.03%) Data Analysis
14 9 (24.32%) Basel III
15 8 (21.62%) User Acceptance Testing
16 6 (16.22%) Analytics
17 5 (13.51%) Data Quality
17 5 (13.51%) Credit Risk Modelling
18 4 (10.81%) Credit Risk Analytics
18 4 (10.81%) Portfolio Management
18 4 (10.81%) Risk Analytics
18 4 (10.81%) Project Planning

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 21 (56.76%) SAS
Applications
1 1 (2.70%) Microsoft Excel
Database & Business Intelligence
1 4 (10.81%) Data Warehouse
2 3 (8.11%) Base SAS
3 2 (5.41%) SAS Data Integration Studio
4 1 (2.70%) Big Data
4 1 (2.70%) Data Mining
4 1 (2.70%) SAS Enterprise Guide
General
1 33 (89.19%) Finance
2 30 (81.08%) Banking
3 22 (59.46%) Retail
4 21 (56.76%) Retail Banking
5 20 (54.05%) Investment Banking
6 10 (27.03%) Financial Institution
7 1 (2.70%) Advertising
Job Titles
1 18 (48.65%) Analyst
2 14 (37.84%) Developer
3 12 (32.43%) Business Analyst
4 6 (16.22%) Risk Analyst
5 5 (13.51%) Credit Analyst
5 5 (13.51%) Credit Risk Analyst
6 3 (8.11%) SAS Developer
7 2 (5.41%) Credit Risk Business Analyst
7 2 (5.41%) Lead Developer
7 2 (5.41%) Qualitative Analyst
7 2 (5.41%) Quantitative Analyst
7 2 (5.41%) Quantitative Risk Analyst
7 2 (5.41%) Retail Business Analyst
7 2 (5.41%) Risk Business Analyst
7 2 (5.41%) Senior Analyst
8 1 (2.70%) Credit Risk Modeller
8 1 (2.70%) Data Business Analyst
8 1 (2.70%) SAS Data Integration Studio Developer
8 1 (2.70%) SAS Modeller
8 1 (2.70%) Senior Risk Manager
Libraries, Frameworks & Software Standards
1 1 (2.70%) CSS
1 1 (2.70%) HTML
Miscellaneous
1 16 (43.24%) Analytical Skills
2 13 (35.14%) Credit Risk
3 11 (29.73%) Market Risk
4 1 (2.70%) Fintech
4 1 (2.70%) Mainframe
4 1 (2.70%) Management Information System
4 1 (2.70%) User Experience
Processes & Methodologies
1 18 (48.65%) Asset Management
1 18 (48.65%) Wealth Management
2 10 (27.03%) Data Analysis
2 10 (27.03%) Project Management
2 10 (27.03%) SDLC
3 8 (21.62%) User Acceptance Testing
4 6 (16.22%) Analytics
5 5 (13.51%) Credit Risk Modelling
6 4 (10.81%) Credit Risk Analytics
6 4 (10.81%) Portfolio Management
6 4 (10.81%) Project Planning
6 4 (10.81%) Risk Analytics
6 4 (10.81%) Validation
7 3 (8.11%) Capital Modelling
7 3 (8.11%) Data Management
7 3 (8.11%) ETL
7 3 (8.11%) Quality Management
7 3 (8.11%) Statistics
8 2 (5.41%) Data Strategy
8 2 (5.41%) Programme Delivery
Programming Languages
1 15 (40.54%) SQL
2 12 (32.43%) Python
3 10 (27.03%) Java
3 10 (27.03%) MATLAB
3 10 (27.03%) R
4 1 (2.70%) C#
4 1 (2.70%) SAS Macro
Qualifications
1 2 (5.41%) PhD
2 1 (2.70%) Degree
Quality Assurance & Compliance
1 37 (100.00%) IFRS
2 9 (24.32%) Basel III
3 5 (13.51%) Data Quality
4 2 (5.41%) IAS 39
5 1 (2.70%) Basel II
5 1 (2.70%) COREP
5 1 (2.70%) Dodd-Frank
5 1 (2.70%) EMIR
5 1 (2.70%) FINREP
5 1 (2.70%) GDPR
5 1 (2.70%) MiFID
5 1 (2.70%) QA
Vendors
1 1 (2.70%) Microsoft
1 1 (2.70%) Oracle
1 1 (2.70%) Teradata