Period
to 29 March 2020

The table below looks at the prevalence of the term Market Risk in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Market Risk over the 6 months to 29 March 2020 with a comparison to the same period over the previous 2 years.

Market Risk
UK
6 months to
29 Mar 2020
Same period 2019 Same period 2018
Rank 863 948 1042
Rank change year-on-year +85 +94 -5
Permanent jobs citing Market Risk 117 174 175
As % of all permanent jobs advertised in the UK 0.099% 0.12% 0.099%
As % of the Miscellaneous category 0.26% 0.30% 0.26%
Number of salaries quoted 93 139 127
Median annual salary £90,000 £75,000 £90,000
Median salary % change year-on-year +20.00% -16.67% +20.00%
10th Percentile £58,000 £47,000 £56,250
90th Percentile £113,750 £107,500 £110,500
UK excluding London median annual salary £60,000 £87,500 £82,500
% change year-on-year -31.43% +6.06% -2.94%

Market Risk is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for generic IT skills.

All Generic IT Skills
UK
Permanent vacancies with a requirement for generic IT skills 45,788 58,905 67,432
As % of all permanent IT jobs advertised in the UK 38.57% 39.47% 38.29%
Number of salaries quoted 35,123 44,457 53,025
Median annual salary £55,000 £52,500 £50,000
Median salary % change year-on-year +4.76% +5.00% +5.26%
10th Percentile £30,250 £29,256 £28,250
90th Percentile £92,500 £87,500 £82,500
UK excluding London median annual salary £47,000 £45,000 £45,000
% change year-on-year +4.44% - +5.88%

Market Risk
Job Vacancy Trend

Job postings citing Market Risk as a proportion of all IT jobs advertised.

Job vacancy trend for Market Risk in the UK

Market Risk
Salary Trend

3-month moving average salary quoted in jobs citing Market Risk.

Salary trend for Market Risk in the UK

Market Risk
Salary Histogram

Salary distribution for jobs citing Market Risk over the 6 months to 29 March 2020.

Salary histogram for Market Risk in the UK

Market Risk
Top 7 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Market Risk within the UK over the 6 months to 29 March 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 +54 112 £90,000 +20.00% 9
London +20 105 £90,000 +20.00% 8
UK excluding London +92 12 £60,000 -31.43% 1
Work from Home +20 7 £107,500 -
South East - 7 £80,000 - 1
Scotland +40 3 - -
Northern Ireland - 2 £55,000 -

For the 6 months to 29 March 2020, IT jobs citing Market Risk 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 Market Risk.

1 77 (65.81%) Finance
2 57 (48.72%) Banking
3 54 (46.15%) Risk Management
4 46 (39.32%) Credit Risk
5 43 (36.75%) Python
6 40 (34.19%) Mathematics
7 38 (32.48%) C++
8 34 (29.06%) Agile Software Development
8 34 (29.06%) Degree
9 33 (28.21%) Derivative
9 33 (28.21%) Investment Banking
10 32 (27.35%) C#
11 31 (26.50%) Foreign Exchange (FX)
12 30 (25.64%) Java
13 27 (23.08%) Analytics
14 26 (22.22%) SQL
15 23 (19.66%) PhD
15 23 (19.66%) Front Office
16 22 (18.80%) Physics
16 22 (18.80%) Stochastic Calculus
17 21 (17.95%) TDD
17 21 (17.95%) Equities
18 20 (17.09%) Stakeholder Management
18 20 (17.09%) User Acceptance Testing
19 19 (16.24%) BDD
20 18 (15.38%) R
20 18 (15.38%) Computer Science
21 16 (13.68%) Architectural Design
22 15 (12.82%) Validation
22 15 (12.82%) Analytical Skills

Market Risk
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 13 (11.11%) Apache Spark
2 9 (7.69%) Confluence
3 8 (6.84%) Apache
3 8 (6.84%) CMS
3 8 (6.84%) Tomcat
4 5 (4.27%) SAS
5 2 (1.71%) DataSynapse
Applications
1 7 (5.98%) Microsoft Excel
Business Applications
1 5 (4.27%) SAP CO
1 5 (4.27%) SAP FI
1 5 (4.27%) SAP FI/CO
2 1 (0.85%) Endur
2 1 (0.85%) FLEXCUBE
Cloud Services
1 4 (3.42%) Azure
2 3 (2.56%) Cloud Computing
3 2 (1.71%) AWS
3 2 (1.71%) Azure Machine Learning
3 2 (1.71%) GCP
3 2 (1.71%) Power Platform
Database & Business Intelligence
1 13 (11.11%) Hadoop
1 13 (11.11%) SQL Server
2 11 (9.40%) MongoDB
3 10 (8.55%) NoSQL
4 5 (4.27%) Relational Database
5 3 (2.56%) Big Data
5 3 (2.56%) Data Lake
5 3 (2.56%) Data Warehouse
6 2 (1.71%) Power BI
7 1 (0.85%) Cosmos DB
7 1 (0.85%) Riak
7 1 (0.85%) SQL Server Analysis Services
Development Applications
1 9 (7.69%) JIRA
2 8 (6.84%) Atlassian Bamboo
2 8 (6.84%) Bitbucket
3 6 (5.13%) Jenkins
4 1 (0.85%) Subversion
4 1 (0.85%) TeamCity
General
1 77 (65.81%) Finance
2 57 (48.72%) Banking
3 33 (28.21%) Investment Banking
4 23 (19.66%) Front Office
5 9 (7.69%) Advertising
6 4 (3.42%) Back Office
6 4 (3.42%) Retail Banking
7 3 (2.56%) Financial Institution
7 3 (2.56%) Retail
8 2 (1.71%) German Language
8 2 (1.71%) Legal
9 1 (0.85%) French Language
9 1 (0.85%) Marketing
9 1 (0.85%) Public Sector
Job Titles
1 44 (37.61%) Developer
2 38 (32.48%) Analyst
3 24 (20.51%) Qualitative Analyst
3 24 (20.51%) Quantitative Analyst
4 16 (13.68%) Risk Analyst
5 13 (11.11%) Java Developer
6 12 (10.26%) Market Risk Analyst
7 10 (8.55%) Business Analyst
8 9 (7.69%) .NET Developer
8 9 (7.69%) Quantitative Risk Analyst
9 8 (6.84%) Pricing Analyst
9 8 (6.84%) Senior Developer
10 7 (5.98%) C# Developer
10 7 (5.98%) Python Engineer
11 6 (5.13%) Analytics Developer
11 6 (5.13%) Quantitative Developer
11 6 (5.13%) Risk Analytics Developer
12 5 (4.27%) C# .NET Developer
12 5 (4.27%) Python Developer
13 4 (3.42%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 11 (9.40%) .NET
2 10 (8.55%) AngularJS
3 9 (7.69%) REST
3 9 (7.69%) Web Services
3 9 (7.69%) XML
4 8 (6.84%) ActiveMQ
4 8 (6.84%) Hibernate
4 8 (6.84%) JAXB
4 8 (6.84%) JMS
4 8 (6.84%) React
4 8 (6.84%) Spring
4 8 (6.84%) XSD
4 8 (6.84%) XSL
4 8 (6.84%) XSLT
5 6 (5.13%) Apache Flex
5 6 (5.13%) WPF
6 4 (3.42%) WCF
7 2 (1.71%) Kafka
7 2 (1.71%) NumPy
7 2 (1.71%) WF
Miscellaneous
1 46 (39.32%) Credit Risk
2 33 (28.21%) Derivative
3 31 (26.50%) Foreign Exchange (FX)
4 21 (17.95%) Equities
5 15 (12.82%) Analytical Skills
6 14 (11.97%) Fixed Income
7 8 (6.84%) Reference Data
7 8 (6.84%) Swaptions
8 7 (5.98%) Enterprise Software
8 7 (5.98%) Exotic Derivative
8 7 (5.98%) Grid Computing
9 6 (5.13%) Data Structures
10 5 (4.27%) Self-Motivation
11 4 (3.42%) Equity Derivative
12 2 (1.71%) Algorithms
12 2 (1.71%) Greenfield Project
12 2 (1.71%) Management Information System
12 2 (1.71%) User Experience
12 2 (1.71%) Virtual Team
13 1 (0.85%) OTC Derivatives
Operating Systems
1 10 (8.55%) Unix
2 8 (6.84%) Linux
3 4 (3.42%) Red Hat Enterprise Linux
4 3 (2.56%) Windows
Processes & Methodologies
1 54 (46.15%) Risk Management
2 40 (34.19%) Mathematics
3 34 (29.06%) Agile Software Development
4 27 (23.08%) Analytics
5 22 (18.80%) Physics
5 22 (18.80%) Stochastic Calculus
6 21 (17.95%) TDD
7 20 (17.09%) Stakeholder Management
7 20 (17.09%) User Acceptance Testing
8 19 (16.24%) BDD
9 18 (15.38%) Computer Science
10 16 (13.68%) Architectural Design
11 15 (12.82%) Validation
12 14 (11.97%) Monte Carlo Method
13 13 (11.11%) Quantitative Finance
13 13 (11.11%) Technical Analysis
14 12 (10.26%) Software Engineering
15 11 (9.40%) Continuous Integration
15 11 (9.40%) Financial Modelling
15 11 (9.40%) OO
Programming Languages
1 43 (36.75%) Python
2 38 (32.48%) C++
3 32 (27.35%) C#
4 30 (25.64%) Java
5 26 (22.22%) SQL
6 18 (15.38%) R
7 9 (7.69%) Haskell
8 7 (5.98%) Java 8
8 7 (5.98%) MATLAB
9 6 (5.13%) Kotlin
10 5 (4.27%) C
11 4 (3.42%) Scala
11 4 (3.42%) VBA
12 3 (2.56%) T-SQL
13 2 (1.71%) Shell Script
14 1 (0.85%) Data Analysis Expressions (DAX)
14 1 (0.85%) JavaScript
Qualifications
1 34 (29.06%) Degree
2 23 (19.66%) PhD
3 11 (9.40%) SC Cleared
3 11 (9.40%) Security Cleared
4 8 (6.84%) Master's Degree
5 5 (4.27%) Computer Science Degree
6 3 (2.56%) Numerate Degree
Quality Assurance & Compliance
1 8 (6.84%) Dodd-Frank
1 8 (6.84%) EMIR
1 8 (6.84%) MiFID
2 3 (2.56%) Basel III
2 3 (2.56%) QA
3 2 (1.71%) Basel II
3 2 (1.71%) SLA
4 1 (0.85%) GAAP
4 1 (0.85%) IFRS
Vendors
1 11 (9.40%) SAP
2 4 (3.42%) Microsoft
3 2 (1.71%) Google
3 2 (1.71%) Murex
4 1 (0.85%) Bloomberg
4 1 (0.85%) OpenLink
4 1 (0.85%) Reuters
4 1 (0.85%) Sun
4 1 (0.85%) Tableau
4 1 (0.85%) TIBCO
4 1 (0.85%) Trayport