Period
to 17 August 2017

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 17 August 2017 with a comparison to the same period in the previous 2 years.

IFRS 9 Financial Instruments
UK
6 months to
17 Aug 2017
Same period 2016 Same period 2015
Rank 1145 1173 1275
Rank change year-on-year +28 +102 -
Permanent jobs citing IFRS 9 26 74 17
As % of all permanent IT jobs advertised in the UK 0.015% 0.037% 0.008%
As % of the Quality Assurance & Compliance category 0.12% 0.28% 0.061%
Number of salaries quoted 25 69 17
UK median annual salary £60,000 £62,500 £50,350
Median salary % change year-on-year -4.00% +24.13% -
10th Percentile £39,250 £47,500 £31,750
90th Percentile £79,250 £77,000 £86,250
UK excluding London median annual salary £53,000 £70,000 £33,500
% change year-on-year -24.29% +108.96% -

IFRS 9 is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for quality assurance and compliance skills.

Quality Assurance & Compliance Skills
UK
Permanent job vacancies with a requirement for quality assurance and compliance skills 21476 26153 28058
As % of all permanent IT job vacancies advertised in the UK 12.20% 13.21% 12.91%
Number of salaries quoted 16073 20757 22015
UK median annual salary £48,500 £48,500 £45,000
Median salary % change year-on-year - +7.78% -
10th Percentile £27,000 £26,750 £26,250
90th Percentile £77,500 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,000
% change year-on-year - +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 17 August 2017.

Salary histogram for IFRS 9 in the UK

IFRS 9
Top 7 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 17 August 2017. 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 +67 24 £61,250 -2.00% 6
London +29 21 £60,000 -4.00% 3
UK excluding London +24 5 £53,000 -24.29% 3
Scotland +1 2 £36,000 -51.68%
North of England -25 2 £73,750 +47.50%
North West -30 2 £73,750 +47.50%
South East - 1 £32,500 -

For the 6 months to 17 August 2017, IT jobs citing IFRS 9 also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads with a requirement for IFRS 9.

1 26 (100.00%) IFRS
2 21 (80.77%) SAS
3 20 (76.92%) Finance
4 17 (65.38%) Credit Risk
5 13 (50.00%) SQL
6 12 (46.15%) Analytical Skills
7 11 (42.31%) Banking
8 8 (30.77%) Retail
8 8 (30.77%) Stress Testing
9 7 (26.92%) Basel II
10 6 (23.08%) Strategic Management
10 6 (23.08%) IAS 39
10 6 (23.08%) Project Planning
10 6 (23.08%) Quantitative Analysis
10 6 (23.08%) Base SAS
10 6 (23.08%) Data Warehouse
10 6 (23.08%) Benchmarking
10 6 (23.08%) Advertising
10 6 (23.08%) Data Quality
11 5 (19.23%) Data Strategy
11 5 (19.23%) Quality Management
11 5 (19.23%) Data Management
11 5 (19.23%) Analytics
11 5 (19.23%) Retail Banking
12 4 (15.38%) Teradata
12 4 (15.38%) Risk Analysis
12 4 (15.38%) Oracle
12 4 (15.38%) Validation
12 4 (15.38%) Stakeholder Management
12 4 (15.38%) Scorecard

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 21 (80.77%) SAS
Applications
1 1 (3.85%) Microsoft Excel
Database & Business Intelligence
1 6 (23.08%) Base SAS
1 6 (23.08%) Data Warehouse
2 1 (3.85%) Data Mining
2 1 (3.85%) SAS Data Integration Studio
2 1 (3.85%) SAS Enterprise Guide
General
1 20 (76.92%) Finance
2 11 (42.31%) Banking
3 8 (30.77%) Retail
4 6 (23.08%) Advertising
5 5 (19.23%) Retail Banking
Job Titles
1 15 (57.69%) Analyst
2 11 (42.31%) Risk Analyst
3 7 (26.92%) Risk Manager
4 6 (23.08%) Credit Analyst
4 6 (23.08%) Credit Risk Analyst
5 5 (19.23%) Developer
5 5 (19.23%) Financial Analyst
5 5 (19.23%) Lead Developer
5 5 (19.23%) SAS Developer
6 4 (15.38%) Qualitative Analyst
6 4 (15.38%) Quantitative Analyst
6 4 (15.38%) Quantitative Risk Analyst
6 4 (15.38%) Quantitative Risk Manager
7 3 (11.54%) Business Analyst
7 3 (11.54%) SAS Analyst
7 3 (11.54%) SAS Credit Risk Analyst
7 3 (11.54%) SAS Risk Analyst
8 2 (7.69%) Banking Analyst
8 2 (7.69%) Credit Risk Business Analyst
8 2 (7.69%) Senior Manager
Miscellaneous
1 17 (65.38%) Credit Risk
2 12 (46.15%) Analytical Skills
3 1 (3.85%) Fintech
3 1 (3.85%) Mainframe
3 1 (3.85%) Management Information System
3 1 (3.85%) Market Risk
3 1 (3.85%) User Experience
Processes & Methodologies
1 8 (30.77%) Stress Testing
2 6 (23.08%) Benchmarking
2 6 (23.08%) Project Planning
2 6 (23.08%) Quantitative Analysis
2 6 (23.08%) Strategic Management
3 5 (19.23%) Analytics
3 5 (19.23%) Data Management
3 5 (19.23%) Data Strategy
3 5 (19.23%) Quality Management
4 4 (15.38%) Credit Risk Analytics
4 4 (15.38%) Credit Risk Modelling
4 4 (15.38%) Risk Analysis
4 4 (15.38%) Risk Analytics
4 4 (15.38%) Scorecard
4 4 (15.38%) Stakeholder Management
4 4 (15.38%) Validation
5 3 (11.54%) Credit Risk Analysis
5 3 (11.54%) Fraud Detection
5 3 (11.54%) Portfolio Management
6 2 (7.69%) Programme Delivery
Programming Languages
1 13 (50.00%) SQL
2 2 (7.69%) R
3 1 (3.85%) SAS Macro
Qualifications
1 3 (11.54%) Degree
Quality Assurance & Compliance
1 26 (100.00%) IFRS
2 7 (26.92%) Basel II
3 6 (23.08%) Data Quality
3 6 (23.08%) IAS 39
4 1 (3.85%) Basel III
4 1 (3.85%) COREP
4 1 (3.85%) Dodd-Frank
4 1 (3.85%) EMIR
4 1 (3.85%) FINREP
4 1 (3.85%) MiFID
4 1 (3.85%) QA
Vendors
1 4 (15.38%) Oracle
1 4 (15.38%) Teradata
2 1 (3.85%) Microsoft