Period
to 15 June 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 15 June 2019 with a comparison to the same period in the previous 2 years.

IFRS 9 Financial Instruments
UK
6 months to
15 Jun 2019
Same period 2018 Same period 2017
Rank 1079 1151 1164
Rank change year-on-year +72 +13 +35
Permanent jobs citing IFRS 9 17 49 37
As % of all permanent IT jobs advertised in the UK 0.012% 0.029% 0.022%
As % of the Quality Assurance & Compliance category 0.085% 0.22% 0.18%
Number of salaries quoted 13 31 31
UK median annual salary £87,500 £75,000 £60,000
Median salary % change year-on-year +16.67% +25.00% -14.29%
10th Percentile £81,250 £50,000 £47,500
90th Percentile £93,750 £92,500 £76,250
UK excluding London median annual salary - £75,000 £50,000
% change year-on-year - +50.00% -28.57%

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 20,019 22,130 20,724
As % of all permanent IT jobs advertised in the UK 13.93% 12.90% 12.07%
Number of salaries quoted 14,546 16,999 15,993
UK median annual salary £50,000 £50,000 £47,500
Median salary % change year-on-year - +5.26% -
10th Percentile £28,000 £28,000 £26,250
90th Percentile £83,750 £80,000 £77,500
UK excluding London median annual salary £45,000 £45,000 £41,000
% change year-on-year - +9.76% -3.53%

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
Top 4 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 15 June 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
London +77 16 £87,500 +16.67%
England +53 16 £87,500 +16.67%
UK excluding London +44 1 - -
Scotland +5 1 - -

For the 6 months to 15 June 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%) Finance
1 17 (100.00%) IFRS
2 16 (94.12%) Degree
2 16 (94.12%) Banking
3 15 (88.24%) Back Office
4 14 (82.35%) Stress Testing
5 13 (76.47%) Mathematics
5 13 (76.47%) Physics
5 13 (76.47%) Credit Risk
5 13 (76.47%) Computational Finance
5 13 (76.47%) Risk Management
5 13 (76.47%) MATLAB
5 13 (76.47%) C++
5 13 (76.47%) Java
5 13 (76.47%) SQL
5 13 (76.47%) VBA
5 13 (76.47%) .NET
5 13 (76.47%) SAS
5 13 (76.47%) Statistics
6 12 (70.59%) CFA
6 12 (70.59%) C
6 12 (70.59%) Derivative
6 12 (70.59%) Stakeholder Management
6 12 (70.59%) Microsoft Excel
6 12 (70.59%) PhD
7 3 (17.65%) Robotics
7 3 (17.65%) SAP FS
7 3 (17.65%) Investment Management
7 3 (17.65%) Performance Management
7 3 (17.65%) Data Architecture

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 13 (76.47%) SAS
Applications
1 12 (70.59%) Microsoft Excel
Business Applications
1 3 (17.65%) SAP FS
Development Applications
1 1 (5.88%) Hudson
General
1 17 (100.00%) Finance
2 16 (94.12%) Banking
3 15 (88.24%) Back Office
4 3 (17.65%) Retail
Job Titles
1 12 (70.59%) Analyst
1 12 (70.59%) Banking Analyst
1 12 (70.59%) Credit Analyst
1 12 (70.59%) Credit Risk Analyst
1 12 (70.59%) Qualitative Analyst
1 12 (70.59%) Quantitative Analyst
1 12 (70.59%) Quantitative Risk Analyst
1 12 (70.59%) Risk Analyst
2 3 (17.65%) Consulting Manager
2 3 (17.65%) Finance Manager
2 3 (17.65%) SAP Manager
2 3 (17.65%) Senior Manager
3 1 (5.88%) Credit Risk Manager
3 1 (5.88%) Quantitative Risk Manager
3 1 (5.88%) Risk Manager
3 1 (5.88%) Senior Tester
3 1 (5.88%) Stress Tester
3 1 (5.88%) Tester
Libraries, Frameworks & Software Standards
1 13 (76.47%) .NET
Miscellaneous
1 13 (76.47%) Credit Risk
2 12 (70.59%) Derivative
3 3 (17.65%) Robotics
4 1 (5.88%) Market Risk
Processes & Methodologies
1 14 (82.35%) Stress Testing
2 13 (76.47%) Computational Finance
2 13 (76.47%) Mathematics
2 13 (76.47%) Physics
2 13 (76.47%) Risk Management
2 13 (76.47%) Statistics
3 12 (70.59%) Stakeholder Management
4 3 (17.65%) Asset Management
4 3 (17.65%) Budgeting and Forecasting
4 3 (17.65%) Business Development
4 3 (17.65%) Data Architecture
4 3 (17.65%) Data Management
4 3 (17.65%) Disruptive Innovation
4 3 (17.65%) ERP
4 3 (17.65%) Investment Management
4 3 (17.65%) IT Strategy
4 3 (17.65%) Performance Improvement
4 3 (17.65%) Performance Management
4 3 (17.65%) Process Improvement
4 3 (17.65%) Robotic Process Automation
Programming Languages
1 13 (76.47%) C++
1 13 (76.47%) Java
1 13 (76.47%) MATLAB
1 13 (76.47%) SQL
1 13 (76.47%) VBA
2 12 (70.59%) C
Qualifications
1 16 (94.12%) Degree
2 12 (70.59%) CFA
2 12 (70.59%) PhD
3 3 (17.65%) ACCA
3 3 (17.65%) CIMA
3 3 (17.65%) MBA
Quality Assurance & Compliance
1 17 (100.00%) IFRS
2 3 (17.65%) Basel III
2 3 (17.65%) GDPR
2 3 (17.65%) Sarbanes-Oxley
2 3 (17.65%) Solvency II
Vendors
1 3 (17.65%) SAP