Period
to 21 August 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 21 August 2018 with a comparison to the same period in the previous 2 years.

IFRS 9 Financial Instruments
UK
6 months to
21 Aug 2018
Same period 2017 Same period 2016
Rank 1098 1174 1206
Rank change year-on-year +76 +32 +91
Permanent jobs citing IFRS 9 60 26 74
As % of all permanent IT jobs advertised in the UK 0.036% 0.015% 0.038%
As % of the Quality Assurance & Compliance category 0.26% 0.12% 0.28%
Number of salaries quoted 41 25 69
UK median annual salary £75,000 £60,000 £62,500
Median salary % change year-on-year +25.00% -4.00% +24.13%
10th Percentile £38,844 £45,250 £47,500
90th Percentile £90,000 £79,250 £77,000
UK excluding London median annual salary £45,000 £53,000 £70,000
% change year-on-year -15.09% -24.29% +108.96%

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 22,772 21,538 26,019
As % of all permanent IT jobs advertised in the UK 13.48% 12.22% 13.20%
Number of salaries quoted 17,199 16,075 20,657
UK median annual salary £50,000 £49,000 £48,500
Median salary % change year-on-year +2.04% +1.03% +7.78%
10th Percentile £28,750 £27,000 £26,750
90th Percentile £80,000 £77,500 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +5.88% - +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 21 August 2018.

Salary histogram for IFRS 9 in the UK

IFRS 9
Top 11 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 21 August 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 +55 46 £75,000 +22.45% 8
London +40 38 £75,000 +25.00% 3
UK excluding London +19 13 £45,000 -15.09% 6
Scotland -7 5 £45,000 +25.00% 1
Midlands - 4 £67,500 - 3
West Midlands - 3 £90,000 - 2
North of England +37 2 £45,000 -38.98% 2
North West +20 2 £45,000 -38.98%
South East +2 1 £70,000 +115.38%
East Midlands - 1 £45,000 - 1
East of England - 1 - -

For the 6 months to 21 August 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 60 (100.00%) IFRS
2 45 (75.00%) Finance
3 28 (46.67%) Banking
4 25 (41.67%) SAS
5 24 (40.00%) SQL
6 22 (36.67%) Degree
7 19 (31.67%) Credit Risk
8 18 (30.00%) Solvency II
8 18 (30.00%) FATCA
8 18 (30.00%) Dodd-Frank
8 18 (30.00%) Financial Institution
8 18 (30.00%) GDPR
9 15 (25.00%) Data Science
9 15 (25.00%) Big Data
10 12 (20.00%) Migration
10 12 (20.00%) Analytics
10 12 (20.00%) Agile Software Development
11 11 (18.33%) Stress Testing
11 11 (18.33%) Stakeholder Management
11 11 (18.33%) Data Modelling
11 11 (18.33%) Analytical Skills
12 10 (16.67%) Data Migration
13 9 (15.00%) Statistics
13 9 (15.00%) Mathematics
13 9 (15.00%) Retail
13 9 (15.00%) Validation
14 8 (13.33%) Data Warehouse
14 8 (13.33%) Data Visualisation
14 8 (13.33%) Visualisation
15 7 (11.67%) R

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 25 (41.67%) SAS
2 5 (8.33%) Confluence
Applications
1 6 (10.00%) Microsoft Excel
1 6 (10.00%) Microsoft Office
1 6 (10.00%) MS Visio
2 5 (8.33%) SPSS
3 1 (1.67%) EViews
Business Applications
1 3 (5.00%) SAP CO
1 3 (5.00%) SAP FI
1 3 (5.00%) SAP FI/CO
Cloud Services
1 5 (8.33%) IBM Blueworks
Database & Business Intelligence
1 15 (25.00%) Big Data
2 8 (13.33%) Data Warehouse
3 6 (10.00%) SQL Server
4 5 (8.33%) SQL Server Integration Services
5 3 (5.00%) QlikView
6 2 (3.33%) Data Mining
7 1 (1.67%) Base SAS
7 1 (1.67%) STATISTICA
Development Applications
1 5 (8.33%) JIRA
General
1 45 (75.00%) Finance
2 28 (46.67%) Banking
3 18 (30.00%) Financial Institution
4 9 (15.00%) Retail
5 3 (5.00%) Investment Banking
5 3 (5.00%) Retail Banking
6 2 (3.33%) General Ledger
7 1 (1.67%) Law
7 1 (1.67%) Retail Finance
Job Titles
1 27 (45.00%) Analyst
2 13 (21.67%) Business Analyst
3 11 (18.33%) Consultant
4 10 (16.67%) Data Manager
5 9 (15.00%) Data Migration Manager
5 9 (15.00%) Migration Manager
5 9 (15.00%) Risk Analyst
6 8 (13.33%) Data Consultant
6 8 (13.33%) Senior Analyst
7 7 (11.67%) Senior Consultant
8 5 (8.33%) Data Business Analyst
8 5 (8.33%) Management Consultant
8 5 (8.33%) Senior Risk Analyst
9 4 (6.67%) Senior Management Consultant
10 3 (5.00%) Credit Analyst
10 3 (5.00%) Data Analyst
10 3 (5.00%) Quantitative Specialist
10 3 (5.00%) Regulatory Business Analyst
10 3 (5.00%) Risk Manager
10 3 (5.00%) SAP Consultant
Libraries, Frameworks & Software Standards
1 5 (8.33%) XML
1 5 (8.33%) XSD
Miscellaneous
1 19 (31.67%) Credit Risk
2 11 (18.33%) Analytical Skills
3 2 (3.33%) Derivative
3 2 (3.33%) Foreign Exchange (FX)
3 2 (3.33%) Taxonomies
4 1 (1.67%) Self-Motivation
Operating Systems
1 1 (1.67%) Unix
Processes & Methodologies
1 15 (25.00%) Data Science
2 12 (20.00%) Agile Software Development
2 12 (20.00%) Analytics
2 12 (20.00%) Migration
3 11 (18.33%) Data Modelling
3 11 (18.33%) Stakeholder Management
3 11 (18.33%) Stress Testing
4 10 (16.67%) Data Migration
5 9 (15.00%) Mathematics
5 9 (15.00%) Statistics
5 9 (15.00%) Validation
6 8 (13.33%) Data Visualisation
6 8 (13.33%) Visualisation
7 7 (11.67%) Business Analysis
7 7 (11.67%) Credit Risk Modelling
7 7 (11.67%) Data Analysis
8 6 (10.00%) Business Intelligence
8 6 (10.00%) Data Management
8 6 (10.00%) Waterfall
9 5 (8.33%) Translating Business Requirements
Programming Languages
1 24 (40.00%) SQL
2 7 (11.67%) R
3 2 (3.33%) PL/SQL
3 2 (3.33%) T-SQL
3 2 (3.33%) VBA
4 1 (1.67%) C++
4 1 (1.67%) Python
4 1 (1.67%) SAS Macro
Qualifications
1 22 (36.67%) Degree
2 3 (5.00%) PhD
3 2 (3.33%) ACCA
3 2 (3.33%) ITIL Certification
3 2 (3.33%) Numerate Degree
Quality Assurance & Compliance
1 60 (100.00%) IFRS
2 18 (30.00%) Dodd-Frank
2 18 (30.00%) FATCA
2 18 (30.00%) GDPR
2 18 (30.00%) Solvency II
3 3 (5.00%) Basel III
4 2 (3.33%) Basel II
5 1 (1.67%) IAS 39
Vendors
1 6 (10.00%) Informatica
2 5 (8.33%) Oracle
3 3 (5.00%) SAP
4 1 (1.67%) Microsoft
4 1 (1.67%) Tableau
4 1 (1.67%) Teradata