IFRS 9 Financial Instruments
UK

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 30 November 2023 with a comparison to the same period in the previous 2 years.

6 months to
30 Nov 2023
Same period 2022 Same period 2021
Rank 694 1063 1088
Rank change year-on-year +369 +25 -337
Permanent jobs citing IFRS 9 33 27 16
As % of all permanent jobs advertised in the UK 0.061% 0.021% 0.012%
As % of the Quality Assurance & Compliance category 0.42% 0.12% 0.079%
Number of salaries quoted 27 20 13
10th Percentile - £29,000 £45,900
25th Percentile £50,172 £57,813 £60,000
Median annual salary (50th Percentile) £76,086 £70,000 £75,000
Median % change year-on-year +8.69% -6.67% +17.65%
75th Percentile £89,417 £80,000 £132,500
90th Percentile £89,650 £132,500 -
UK excluding London median annual salary £51,528 £72,500 £54,000
% change year-on-year -28.93% +34.26% -15.29%

All Quality Assurance and Compliance Skills
UK

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.

Permanent vacancies with a requirement for quality assurance or compliance skills 7,933 22,280 20,189
As % of all permanent jobs advertised in the UK 14.73% 17.63% 15.59%
Number of salaries quoted 5,817 12,040 12,594
10th Percentile £31,500 £31,250 £31,000
25th Percentile £43,750 £41,875 £40,293
Median annual salary (50th Percentile) £60,000 £57,500 £55,000
Median % change year-on-year +4.35% +4.55% +1.85%
75th Percentile £77,500 £75,000 £72,500
90th Percentile £95,000 £95,000 £90,000
UK excluding London median annual salary £52,500 £50,000 £47,500
% change year-on-year +5.00% +5.26% -3.67%

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 30 November 2023.

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 30 November 2023. 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
Jobs
England +319 21 £87,125 +24.46% 39
Work from Home +273 20 £76,086 +8.69% 23
UK excluding London +252 20 £51,528 -28.93% 18
North of England - 12 £69,326 - 12
Yorkshire - 12 £69,326 - 5
London +274 9 £87,125 +24.46% 21
Scotland +56 4 £63,807 -14.92%
Wales +19 4 £51,528 -26.39%

IFRS 9
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 22 (66.67%) SAS
2 12 (36.36%) Apache
2 12 (36.36%) Apache Spark
3 1 (3.03%) WebSphere
Applications
1 1 (3.03%) Microsoft Office
Business Applications
1 1 (3.03%) Oracle FAH
1 1 (3.03%) Oracle General Ledger
Cloud Services
1 1 (3.03%) SaaS
Database & Business Intelligence
1 1 (3.03%) Data Warehouse
1 1 (3.03%) Oracle Database
1 1 (3.03%) RDBMS
1 1 (3.03%) Relational Database
General
1 33 (100.00%) Finance
2 29 (87.88%) Banking
3 24 (72.73%) Retail
4 21 (63.64%) Social Skills
5 20 (60.61%) Presentation Skills
6 12 (36.36%) Analytical Skills
7 10 (30.30%) Retail Finance
8 8 (24.24%) Influencing Skills
9 4 (12.12%) Wholesale Banking
10 1 (3.03%) Investment Banking
10 1 (3.03%) Public Sector
Job Titles
1 13 (39.39%) Analyst
2 12 (36.36%) Senior
2 12 (36.36%) Senior Analyst
3 8 (24.24%) Risk Manager
4 4 (12.12%) Credit Risk Manager
5 2 (6.06%) Testing Manager
6 1 (3.03%) Data Manager
6 1 (3.03%) Data Science Manager
6 1 (3.03%) Database Developer
6 1 (3.03%) Developer
6 1 (3.03%) Junior
6 1 (3.03%) Junior Analyst
6 1 (3.03%) Junior Quantitative Analyst
6 1 (3.03%) Oracle Database Developer
6 1 (3.03%) Oracle Developer
6 1 (3.03%) Qualitative Analyst
6 1 (3.03%) Quantitative Analyst
Libraries, Frameworks & Software Standards
1 1 (3.03%) JSON
1 1 (3.03%) Middleware
1 1 (3.03%) XGBoost
1 1 (3.03%) XML
1 1 (3.03%) XML Messaging
1 1 (3.03%) XSD
Miscellaneous
1 30 (90.91%) Credit Risk
2 4 (12.12%) Market Risk
3 1 (3.03%) Algorithms
3 1 (3.03%) Derivative
3 1 (3.03%) Equities
3 1 (3.03%) Foreign Exchange (FX)
Processes & Methodologies
1 28 (84.85%) Agile
2 26 (78.79%) Risk Management
2 26 (78.79%) Statistical Modelling
2 26 (78.79%) Validation
3 24 (72.73%) Credit Risk Management
4 23 (69.70%) Mathematics
5 22 (66.67%) Statistics
6 20 (60.61%) Economics
6 20 (60.61%) Operations Research
6 20 (60.61%) Physics
7 19 (57.58%) Stress Testing
8 18 (54.55%) Analytics
9 12 (36.36%) IT Strategy
9 12 (36.36%) Statistical Analysis
9 12 (36.36%) Technology Strategy
10 10 (30.30%) Model Validation
11 9 (27.27%) Credit Risk Modelling
12 8 (24.24%) Capital Modelling
13 4 (12.12%) Customer Insight
13 4 (12.12%) Mentoring
Programming Languages
1 22 (66.67%) Python
2 17 (51.52%) R
3 8 (24.24%) SQL
4 1 (3.03%) C
4 1 (3.03%) PL/SQL
4 1 (3.03%) SAS Macro
4 1 (3.03%) XPath
Qualifications
1 26 (78.79%) Degree
2 2 (6.06%) Master's Degree
Quality Assurance & Compliance
1 33 (100.00%) IFRS
2 12 (36.36%) CRD IV
3 1 (3.03%) COREP
3 1 (3.03%) IFRS 17
Vendors
1 1 (3.03%) IBM
1 1 (3.03%) Oracle