Period
to 2 June 2020

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 2 June 2020 with a comparison to the same period in the previous 2 years.

IFRS 9 Financial Instruments
UK
6 months to
2 Jun 2020
Same period 2019 Same period 2018
Rank 851 1075 1159
Rank change year-on-year +224 +84 +15
Permanent jobs citing IFRS 9 10 16 51
As % of all permanent jobs advertised in the UK 0.011% 0.011% 0.029%
As % of the Quality Assurance & Compliance category 0.092% 0.080% 0.23%
Number of salaries quoted 7 12 33
Median annual salary £62,500 £87,500 £75,000
Median salary % change year-on-year -28.57% +16.67% +25.00%
10th Percentile £44,750 £81,250 £50,000
90th Percentile £82,500 £93,750 £92,500
UK excluding London median annual salary £51,250 £42,000 £75,000
% change year-on-year +22.02% -44.00% +50.00%

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 10,815 20,034 22,317
As % of all permanent IT jobs advertised in the UK 12.27% 13.96% 12.88%
Number of salaries quoted 8,212 14,489 17,168
Median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £29,525 £27,725 £28,125
90th Percentile £85,000 £83,750 £80,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +10.43%

IFRS 9
Job Vacancy Trend

Job postings citing IFRS 9 as a proportion of all IT jobs advertised.

Job vacancy trend for IFRS 9 in the UK

IFRS 9
Salary Trend

3-month moving average salary quoted in jobs citing IFRS 9.

Salary trend for IFRS 9 in the UK

IFRS 9
Salary Histogram

Salary distribution for jobs citing IFRS 9 over the 6 months to 2 June 2020.

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 2 June 2020. 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 +196 8 £65,500 -25.14% 1
UK excluding London +198 5 £51,250 +22.02%
London +122 4 £64,000 -26.86% 1
Midlands - 2 - -
West Midlands - 2 - -
North of England +133 1 - -
Yorkshire +96 1 - -
Scotland +66 1 £55,000 -
Wales - 1 £47,500 -

For the 6 months to 2 June 2020, 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 10 (100.00%) IFRS
2 8 (80.00%) Finance
3 6 (60.00%) SAS
4 5 (50.00%) Credit Risk
4 5 (50.00%) Analytics
4 5 (50.00%) Credit Risk Modelling
5 4 (40.00%) R
5 4 (40.00%) SQL
5 4 (40.00%) Python
5 4 (40.00%) Microsoft Excel
5 4 (40.00%) Validation
6 2 (20.00%) Project Management
6 2 (20.00%) SQL Server Integration Services
6 2 (20.00%) SQL Server
6 2 (20.00%) T-SQL
6 2 (20.00%) C++
6 2 (20.00%) Business Intelligence
6 2 (20.00%) Data Extraction
6 2 (20.00%) Financial Modelling
6 2 (20.00%) Banking
6 2 (20.00%) Technical Analysis
6 2 (20.00%) Risk Analytics
6 2 (20.00%) Power BI
6 2 (20.00%) SQL Server 2016
6 2 (20.00%) Power Platform
6 2 (20.00%) Scorecard
7 1 (10.00%) Scorecard Development
7 1 (10.00%) Credit Risk Analytics
7 1 (10.00%) Data Science
7 1 (10.00%) Problem-Solving

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 6 (60.00%) SAS
Applications
1 4 (40.00%) Microsoft Excel
2 1 (10.00%) SPSS
Cloud Services
1 2 (20.00%) Power Platform
Database & Business Intelligence
1 2 (20.00%) Power BI
1 2 (20.00%) SQL Server
1 2 (20.00%) SQL Server 2016
1 2 (20.00%) SQL Server Integration Services
General
1 8 (80.00%) Finance
2 2 (20.00%) Banking
3 1 (10.00%) Manufacturing
3 1 (10.00%) Retail
3 1 (10.00%) Wholesale Banking
Job Titles
1 2 (20.00%) Analyst
1 2 (20.00%) Analyst Developer
1 2 (20.00%) Business Developer
1 2 (20.00%) Business Intelligence Analyst
1 2 (20.00%) Business Intelligence Developer
1 2 (20.00%) Developer
1 2 (20.00%) Developer Analyst
1 2 (20.00%) Senior Analyst
1 2 (20.00%) Senior Business Intelligence Analyst
1 2 (20.00%) Senior Business Intelligence Developer
1 2 (20.00%) Senior Developer
2 1 (10.00%) Accountant
2 1 (10.00%) Credit Risk Manager
2 1 (10.00%) Credit Risk Modeller
2 1 (10.00%) Data Scientist
2 1 (10.00%) Finance Modeller
2 1 (10.00%) Financial Accountant
2 1 (10.00%) Project Manager
2 1 (10.00%) Risk Manager
2 1 (10.00%) Senior Data Scientist
Miscellaneous
1 5 (50.00%) Credit Risk
2 1 (10.00%) Analytical Skills
2 1 (10.00%) Replication
Processes & Methodologies
1 5 (50.00%) Analytics
1 5 (50.00%) Credit Risk Modelling
2 4 (40.00%) Validation
3 2 (20.00%) Business Intelligence
3 2 (20.00%) Data Extraction
3 2 (20.00%) Financial Modelling
3 2 (20.00%) Project Management
3 2 (20.00%) Risk Analytics
3 2 (20.00%) Scorecard
3 2 (20.00%) Technical Analysis
4 1 (10.00%) Change Control
4 1 (10.00%) Credit Risk Analytics
4 1 (10.00%) Data Science
4 1 (10.00%) Insurtech
4 1 (10.00%) Problem-Solving
4 1 (10.00%) Process Improvement
4 1 (10.00%) Project Delivery
4 1 (10.00%) Scorecard Development
4 1 (10.00%) Stakeholder Engagement
4 1 (10.00%) Waterfall
Programming Languages
1 4 (40.00%) Python
1 4 (40.00%) R
1 4 (40.00%) SQL
2 2 (20.00%) C++
2 2 (20.00%) T-SQL
3 1 (10.00%) C#
3 1 (10.00%) MATLAB
3 1 (10.00%) VBA
Qualifications
1 1 (10.00%) ACCA
1 1 (10.00%) CIMA
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 10 (100.00%) IFRS
2 1 (10.00%) COREP
2 1 (10.00%) GDPR
2 1 (10.00%) Solvency II