Period
to 18 September 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 18 September 2019 with a comparison to the same period in the previous 2 years.

IFRS 9 Financial Instruments
UK
6 months to
18 Sep 2019
Same period 2018 Same period 2017
Rank 1072 1133 1182
Rank change year-on-year +61 +49 +28
Permanent jobs citing IFRS 9 17 53 39
As % of all permanent IT jobs advertised in the UK 0.012% 0.032% 0.022%
As % of the Quality Assurance & Compliance category 0.090% 0.24% 0.18%
Number of salaries quoted 16 40 21
UK median annual salary £38,750 £75,000 £62,500
Median salary % change year-on-year -48.33% +20.00% -
10th Percentile £31,000 £38,844 £43,750
90th Percentile £93,750 £90,250 £120,000
UK excluding London median annual salary £34,000 £45,000 £34,250
% change year-on-year -24.44% +31.39% -51.07%

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 18,804 22,132 21,681
As % of all permanent IT jobs advertised in the UK 13.28% 13.19% 12.29%
Number of salaries quoted 13,877 16,808 16,072
UK median annual salary £50,000 £50,000 £50,000
10th Percentile £27,750 £28,500 £27,251
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 18 September 2019.

Salary histogram for IFRS 9 in the UK

IFRS 9
Top 8 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 18 September 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 +80 17 £38,750 -48.33% 2
UK excluding London +60 10 £34,000 -24.44% 1
Midlands +44 9 £34,000 -24.44%
West Midlands +28 8 £34,000 -62.22%
London +60 7 £87,500 +16.67% 2
North of England +28 1 £40,000 -11.11%
East Midlands +20 1 - -
Yorkshire - 1 £40,000 -

For the 6 months to 18 September 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 17 (100.00%) SAS
1 17 (100.00%) IFRS
2 16 (94.12%) Finance
2 16 (94.12%) Banking
2 16 (94.12%) Credit Risk
3 15 (88.24%) Degree
3 15 (88.24%) C
3 15 (88.24%) C++
3 15 (88.24%) Java
4 9 (52.94%) Python
4 9 (52.94%) R
4 9 (52.94%) Statistical Modelling
4 9 (52.94%) Data Science
4 9 (52.94%) Analytical Skills
5 8 (47.06%) Quantitative Analysis
5 8 (47.06%) Predictive Modelling
5 8 (47.06%) Economics
5 8 (47.06%) Scala
5 8 (47.06%) Computer Science
5 8 (47.06%) C#
5 8 (47.06%) SQL
5 8 (47.06%) Basel II
5 8 (47.06%) Financial Institution
6 7 (41.18%) Back Office
6 7 (41.18%) Risk Management
6 7 (41.18%) Stakeholder Management
6 7 (41.18%) VBA
6 7 (41.18%) .NET
6 7 (41.18%) Microsoft Excel
6 7 (41.18%) PhD

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 17 (100.00%) SAS
2 1 (5.88%) Apache Spark
Applications
1 7 (41.18%) Microsoft Excel
Database & Business Intelligence
1 1 (5.88%) Big Data
1 1 (5.88%) Hadoop
1 1 (5.88%) QlikView
1 1 (5.88%) SQL Server
General
1 16 (94.12%) Banking
1 16 (94.12%) Finance
2 8 (47.06%) Financial Institution
3 7 (41.18%) Back Office
Job Titles
1 8 (47.06%) Analyst
1 8 (47.06%) Consultant
1 8 (47.06%) Credit Analyst
1 8 (47.06%) Credit Risk Analyst
1 8 (47.06%) Risk Analyst
1 8 (47.06%) Risk Consultant
2 7 (41.18%) Banking Analyst
2 7 (41.18%) Qualitative Analyst
2 7 (41.18%) Quantitative Analyst
2 7 (41.18%) Quantitative Risk Analyst
3 4 (23.53%) Credit Risk Modeller
4 3 (17.65%) Graduate
4 3 (17.65%) Graduate Consultant
5 2 (11.76%) Junior
5 2 (11.76%) Junior Consultant
5 2 (11.76%) Software Consultant
6 1 (5.88%) Data Scientist
6 1 (5.88%) Software Analyst
Libraries, Frameworks & Software Standards
1 7 (41.18%) .NET
Miscellaneous
1 16 (94.12%) Credit Risk
2 9 (52.94%) Analytical Skills
3 7 (41.18%) Derivative
4 1 (5.88%) Self-Motivation
Processes & Methodologies
1 9 (52.94%) Data Science
1 9 (52.94%) Statistical Modelling
2 8 (47.06%) Computer Science
2 8 (47.06%) Economics
2 8 (47.06%) Predictive Modelling
2 8 (47.06%) Quantitative Analysis
3 7 (41.18%) Computational Finance
3 7 (41.18%) Mathematics
3 7 (41.18%) Physics
3 7 (41.18%) Risk Management
3 7 (41.18%) Stakeholder Management
3 7 (41.18%) Statistics
3 7 (41.18%) Stress Testing
4 1 (5.88%) Agile Software Development
4 1 (5.88%) Analytical Thinking
4 1 (5.88%) Credit Risk Modelling
4 1 (5.88%) Planning and Forecasting
4 1 (5.88%) Problem-Solving
4 1 (5.88%) Project Management
4 1 (5.88%) SDLC
Programming Languages
1 15 (88.24%) C
1 15 (88.24%) C++
1 15 (88.24%) Java
2 9 (52.94%) Python
2 9 (52.94%) R
3 8 (47.06%) C#
3 8 (47.06%) Scala
3 8 (47.06%) SQL
4 7 (41.18%) MATLAB
4 7 (41.18%) VBA
Qualifications
1 15 (88.24%) Degree
2 7 (41.18%) CFA
2 7 (41.18%) PhD
Quality Assurance & Compliance
1 17 (100.00%) IFRS
2 8 (47.06%) Basel II
3 1 (5.88%) PMO
Vendors
1 1 (5.88%) Ab Initio
1 1 (5.88%) Hyperion
1 1 (5.88%) Oracle
1 1 (5.88%) SAP
1 1 (5.88%) Teradata