Period
to 11 December 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 11 December 2017 with a comparison to the same period in the previous 2 years.

IFRS 9 Financial Instruments
UK
6 months to
11 Dec 2017
Same period 2016 Same period 2015
Rank 1148 1150 1266
Rank change year-on-year +2 +116 +75
Permanent jobs citing IFRS 9 44 63 22
As % of all permanent IT jobs advertised in the UK 0.024% 0.034% 0.010%
As % of the Quality Assurance & Compliance category 0.19% 0.27% 0.079%
Number of salaries quoted 24 59 22
UK median annual salary £70,000 £62,500 £57,000
Median salary % change year-on-year +12.00% +9.65% -36.67%
10th Percentile £38,875 £47,500 £37,575
90th Percentile £107,375 £77,000 £73,750
UK excluding London median annual salary £41,250 £50,000 £53,250
% change year-on-year -17.50% -6.10% -

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 22784 23724 27819
As % of all permanent IT jobs advertised in the UK 12.68% 12.83% 12.90%
Number of salaries quoted 17232 18790 22061
UK median annual salary £50,000 £48,000 £47,500
Median salary % change year-on-year +4.17% +1.05% +5.56%
10th Percentile £27,500 £27,000 £26,500
90th Percentile £78,750 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £42,500

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 11 December 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 11 December 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 +6 41 £71,000 +13.60%
London -14 36 £72,250 +15.60%
UK excluding London -4 8 £41,250 -17.50%
South East - 4 £70,000 -
Scotland - 3 £40,500 -
Yorkshire -1 1 £37,500 -25.00%
North of England -16 1 £37,500 -25.00%

For the 6 months to 11 December 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 44 (100.00%) IFRS
2 38 (86.36%) Finance
3 28 (63.64%) Banking
4 26 (59.09%) SAS
5 23 (52.27%) Analytical Skills
6 20 (45.45%) Investment Banking
7 19 (43.18%) Retail Banking
8 18 (40.91%) Asset Management
8 18 (40.91%) Wealth Management
9 17 (38.64%) Financial Institution
10 16 (36.36%) SQL
11 14 (31.82%) Python
11 14 (31.82%) Credit Risk
12 12 (27.27%) Market Risk
12 12 (27.27%) R
12 12 (27.27%) SDLC
12 12 (27.27%) Data Analysis
12 12 (27.27%) Java
12 12 (27.27%) MATLAB
13 10 (22.73%) Analytics
14 9 (20.45%) Basel III
14 9 (20.45%) Credit Risk Modelling
14 9 (20.45%) Project Management
15 8 (18.18%) User Acceptance Testing
16 7 (15.91%) Risk Analytics
16 7 (15.91%) Credit Risk Analytics
17 6 (13.64%) Scorecard
17 6 (13.64%) Degree
17 6 (13.64%) Validation
18 5 (11.36%) Data Management

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 26 (59.09%) SAS
Applications
1 1 (2.27%) Microsoft Excel
Database & Business Intelligence
1 5 (11.36%) Big Data
2 2 (4.55%) Base SAS
2 2 (4.55%) Data Warehouse
3 1 (2.27%) Data Mining
3 1 (2.27%) SAS Data Integration Studio
3 1 (2.27%) SAS Enterprise Guide
General
1 38 (86.36%) Finance
2 28 (63.64%) Banking
3 20 (45.45%) Investment Banking
4 19 (43.18%) Retail Banking
5 17 (38.64%) Financial Institution
6 1 (2.27%) Advertising
6 1 (2.27%) Retail
Job Titles
1 18 (40.91%) Analyst
2 14 (31.82%) Developer
3 10 (22.73%) Business Analyst
4 5 (11.36%) Risk Analyst
5 4 (9.09%) Credit Analyst
5 4 (9.09%) Credit Risk Analyst
5 4 (9.09%) Risk Manager
6 3 (6.82%) Consultant
6 3 (6.82%) Credit Risk Manager
6 3 (6.82%) Data Consultant
6 3 (6.82%) Management Consultant
7 2 (4.55%) Programmer
7 2 (4.55%) Qualitative Analyst
7 2 (4.55%) Quantitative Analyst
7 2 (4.55%) Quantitative Risk Analyst
7 2 (4.55%) SAS Analyst
7 2 (4.55%) Senior Analyst
7 2 (4.55%) Senior Manager
7 2 (4.55%) Senior Risk Manager
8 1 (2.27%) Principal Consultant
Libraries, Frameworks & Software Standards
1 1 (2.27%) CSS
1 1 (2.27%) HTML
Miscellaneous
1 23 (52.27%) Analytical Skills
2 14 (31.82%) Credit Risk
3 12 (27.27%) Market Risk
4 1 (2.27%) Fintech
4 1 (2.27%) Mainframe
4 1 (2.27%) Management Information System
4 1 (2.27%) User Experience
Processes & Methodologies
1 18 (40.91%) Asset Management
1 18 (40.91%) Wealth Management
2 12 (27.27%) Data Analysis
2 12 (27.27%) SDLC
3 10 (22.73%) Analytics
4 9 (20.45%) Credit Risk Modelling
4 9 (20.45%) Project Management
5 8 (18.18%) User Acceptance Testing
6 7 (15.91%) Credit Risk Analytics
6 7 (15.91%) Risk Analytics
7 6 (13.64%) Scorecard
7 6 (13.64%) Validation
8 5 (11.36%) Data Management
9 4 (9.09%) Data Governance
9 4 (9.09%) Statistics
10 3 (6.82%) Capital Modelling
10 3 (6.82%) Mathematics
10 3 (6.82%) Portfolio Management
11 2 (4.55%) Line Management
11 2 (4.55%) Time Series Analysis
Programming Languages
1 16 (36.36%) SQL
2 14 (31.82%) Python
3 12 (27.27%) Java
3 12 (27.27%) MATLAB
3 12 (27.27%) R
4 1 (2.27%) C#
4 1 (2.27%) SAS Macro
Qualifications
1 6 (13.64%) Degree
2 2 (4.55%) PhD
3 1 (2.27%) ACCA
3 1 (2.27%) CIMA
3 1 (2.27%) CIPFA
Quality Assurance & Compliance
1 44 (100.00%) IFRS
2 9 (20.45%) Basel III
3 5 (11.36%) GDPR
4 4 (9.09%) Dodd-Frank
4 4 (9.09%) FATCA
4 4 (9.09%) Solvency II
5 3 (6.82%) Data Quality
6 1 (2.27%) Basel II
6 1 (2.27%) IAS 39
Vendors
1 1 (2.27%) Microsoft