Period
to 20 May 2019

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 20 May 2019 with a comparison to the same period over the previous 2 years.

Market Risk
UK
6 months to
20 May 2019
Same period 2018 Same period 2017
Rank 944 1007 1001
Rank change year-on-year +63 -6 -8
Permanent jobs citing Market Risk 144 176 172
As % of all permanent IT jobs advertised in the UK 0.100% 0.10% 0.10%
As % of the Miscellaneous category 0.24% 0.25% 0.25%
Number of salaries quoted 112 131 133
UK median annual salary £72,500 £85,000 £80,000
Median salary % change year-on-year -14.71% +6.25% +1.27%
10th Percentile £45,000 £56,250 £50,000
90th Percentile £100,875 £110,000 £105,000
UK excluding London median annual salary £87,500 £60,000 £85,000
% change year-on-year +45.83% -29.41% +88.89%

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 60,025 69,543 68,598
As % of all permanent IT jobs advertised in the UK 41.64% 40.45% 40.21%
Number of salaries quoted 45,351 54,070 55,158
UK median annual salary £53,400 £50,000 £48,795
Median salary % change year-on-year +6.80% +2.47% -2.41%
10th Percentile £30,000 £28,750 £27,500
90th Percentile £87,500 £85,000 £81,250
UK excluding London median annual salary £45,000 £45,000 £42,000
% change year-on-year - +7.14% -1.18%

Market Risk
Job Vacancy Trend

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

Job vacancy trend for Market Risk in the UK

Market Risk
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Market Risk.

Salary trend for Market Risk in the UK

Market Risk
Salary Histogram

The salary distribution of IT jobs citing Market Risk over the 6 months to 20 May 2019.

Salary histogram for Market Risk in the UK

Market Risk
Top 4 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 20 May 2019. 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 +30 133 £71,379 -16.03% 11
London +20 133 £71,379 -17.24% 11
UK excluding London +73 11 £87,500 +45.83%
Scotland - 11 £87,500 -

For the 6 months to 20 May 2019, 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.

1 120 (83.33%) Finance
2 72 (50.00%) Banking
3 66 (45.83%) Credit Risk
4 57 (39.58%) SQL
5 51 (35.42%) Risk Management
6 48 (33.33%) Investment Banking
7 41 (28.47%) Derivative
7 41 (28.47%) C++
8 39 (27.08%) Python
9 37 (25.69%) Degree
10 35 (24.31%) Agile Software Development
11 34 (23.61%) Java
12 32 (22.22%) C#
12 32 (22.22%) Oracle
13 31 (21.53%) Equities
13 31 (21.53%) Analytics
14 27 (18.75%) MATLAB
14 27 (18.75%) Data Warehouse
15 26 (18.06%) Mathematics
16 25 (17.36%) Data Analysis
16 25 (17.36%) Front Office
17 24 (16.67%) Foreign Exchange (FX)
17 24 (16.67%) Physics
18 23 (15.97%) Advertising
19 22 (15.28%) Validation
20 21 (14.58%) Fixed Income
21 19 (13.19%) Relational Database
21 19 (13.19%) Problem-Solving
22 18 (12.50%) Sybase
22 18 (12.50%) Hadoop

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 11 (7.64%) Apache Spark
2 2 (1.39%) Tomcat
2 2 (1.39%) WebSphere
3 1 (0.69%) GemFire
3 1 (0.69%) SAS
Applications
1 6 (4.17%) Microsoft Excel
2 2 (1.39%) Microsoft Office
Cloud Services
1 2 (1.39%) GitHub
2 1 (0.69%) Power Platform
Database & Business Intelligence
1 27 (18.75%) Data Warehouse
2 19 (13.19%) Relational Database
3 18 (12.50%) Hadoop
4 14 (9.72%) RDBMS
4 14 (9.72%) SQL Server Analysis Services
5 13 (9.03%) Oracle Database
6 12 (8.33%) Big Data
6 12 (8.33%) Oracle Database 11g
6 12 (8.33%) SQL Server
7 8 (5.56%) NoSQL
8 7 (4.86%) MongoDB
8 7 (4.86%) OLAP
9 6 (4.17%) Data Lake
9 6 (4.17%) Sybase IQ
10 4 (2.78%) SQL Server Integration Services
11 3 (2.08%) Oracle OLAP
12 2 (1.39%) BusinessObjects
12 2 (1.39%) Impala
12 2 (1.39%) SQL Server Reporting Services
13 1 (0.69%) OLAP Cube
Development Applications
1 6 (4.17%) JIRA
2 5 (3.47%) Maven
2 5 (3.47%) TeamCity
3 4 (2.78%) Git (software)
4 2 (1.39%) Oracle Forms
4 2 (1.39%) Sonatype Nexus
5 1 (0.69%) Bitbucket
5 1 (0.69%) Cucumber
5 1 (0.69%) HP UFT
5 1 (0.69%) Jenkins
5 1 (0.69%) LoadRunner
5 1 (0.69%) Selenium
5 1 (0.69%) Subversion
5 1 (0.69%) Toad
General
1 120 (83.33%) Finance
2 72 (50.00%) Banking
3 48 (33.33%) Investment Banking
4 25 (17.36%) Front Office
5 23 (15.97%) Advertising
6 16 (11.11%) Back Office
7 11 (7.64%) Financial Institution
8 7 (4.86%) German Language
9 5 (3.47%) Spanish Language
10 1 (0.69%) French Language
10 1 (0.69%) Legal
10 1 (0.69%) Publishing
10 1 (0.69%) Retail
Job Titles
1 63 (43.75%) Developer
2 48 (33.33%) Analyst
3 28 (19.44%) Business Analyst
4 27 (18.75%) Risk Analyst
5 22 (15.28%) Market Risk Analyst
6 19 (13.19%) Qualitative Analyst
6 19 (13.19%) Quantitative Analyst
7 18 (12.50%) Risk Business Analyst
8 17 (11.81%) Credit Analyst
8 17 (11.81%) Credit Risk Analyst
9 15 (10.42%) Market Risk Business Analyst
10 14 (9.72%) Java Developer
11 13 (9.03%) Oracle Developer
12 12 (8.33%) Banking Analyst
12 12 (8.33%) Credit Risk Business Analyst
13 11 (7.64%) C# Developer
14 10 (6.94%) Front Office Developer
15 9 (6.25%) Credit Risk Developer
15 9 (6.25%) Market Risk Developer
15 9 (6.25%) SQL Developer
Libraries, Frameworks & Software Standards
1 14 (9.72%) .NET
2 7 (4.86%) AngularJS
2 7 (4.86%) NumPy
2 7 (4.86%) Pandas
2 7 (4.86%) SciPy
3 6 (4.17%) WPF
4 5 (3.47%) CSS
5 4 (2.78%) HTML
5 4 (2.78%) ReactiveX
5 4 (2.78%) RESTful
6 3 (2.08%) ASP.NET
6 3 (2.08%) Boost C++ Libraries
6 3 (2.08%) D3.js
6 3 (2.08%) HTML5
6 3 (2.08%) STL
6 3 (2.08%) Twitter Bootstrap
6 3 (2.08%) Web Services
7 2 (1.39%) SOAP
7 2 (1.39%) Swing
7 2 (1.39%) XML
Miscellaneous
1 66 (45.83%) Credit Risk
2 41 (28.47%) Derivative
3 31 (21.53%) Equities
4 24 (16.67%) Foreign Exchange (FX)
5 21 (14.58%) Fixed Income
6 16 (11.11%) Virtual Team
7 14 (9.72%) Enterprise Software
8 13 (9.03%) OTC Derivatives
9 9 (6.25%) Data Structures
9 9 (6.25%) Exotic Derivative
10 8 (5.56%) Algorithms
10 8 (5.56%) Hedge funds
11 7 (4.86%) Spread Betting
12 4 (2.78%) Analytical Skills
13 2 (1.39%) Equity Derivative
14 1 (0.69%) Data Protection Act
14 1 (0.69%) Fintech
14 1 (0.69%) Greenfield Project
14 1 (0.69%) Grid Computing
14 1 (0.69%) Management Information System
Operating Systems
1 15 (10.42%) Unix
2 5 (3.47%) Windows
3 1 (0.69%) Linux
Processes & Methodologies
1 51 (35.42%) Risk Management
2 35 (24.31%) Agile Software Development
3 31 (21.53%) Analytics
4 26 (18.06%) Mathematics
5 25 (17.36%) Data Analysis
6 24 (16.67%) Physics
7 22 (15.28%) Validation
8 19 (13.19%) Problem-Solving
9 15 (10.42%) GAP Analysis
10 14 (9.72%) Mentoring
11 12 (8.33%) Credit Risk Management
11 12 (8.33%) Data Mapping
11 12 (8.33%) Performance Tuning
11 12 (8.33%) SDLC
11 12 (8.33%) Stochastic Calculus
12 11 (7.64%) Business Intelligence
12 11 (7.64%) Data Science
12 11 (7.64%) Scrum
12 11 (7.64%) Software Engineering
13 10 (6.94%) TDD
Programming Languages
1 57 (39.58%) SQL
2 41 (28.47%) C++
3 39 (27.08%) Python
4 34 (23.61%) Java
5 32 (22.22%) C#
6 27 (18.75%) MATLAB
7 15 (10.42%) VBA
8 14 (9.72%) Scala
9 11 (7.64%) PL/SQL
9 11 (7.64%) R
10 8 (5.56%) Data Analysis Expressions (DAX)
11 7 (4.86%) JavaScript
12 4 (2.78%) T-SQL
13 1 (0.69%) Bash Shell
13 1 (0.69%) BeanShell
13 1 (0.69%) Korn
13 1 (0.69%) Perl
13 1 (0.69%) Shell Script
13 1 (0.69%) VC++
Qualifications
1 37 (25.69%) Degree
2 15 (10.42%) PhD
3 9 (6.25%) Master's Degree
4 6 (4.17%) CFA
Quality Assurance & Compliance
1 12 (8.33%) Dodd-Frank
1 12 (8.33%) EMIR
1 12 (8.33%) MiFID
2 6 (4.17%) CRD IV
3 3 (2.08%) Basel II
3 3 (2.08%) Basel III
4 2 (1.39%) QA
5 1 (0.69%) IFRS
5 1 (0.69%) IFRS 9
5 1 (0.69%) Solvency II
System Software
1 1 (0.69%) HDFS
Vendors
1 32 (22.22%) Oracle
2 18 (12.50%) Sybase
3 14 (9.72%) Microsoft
4 2 (1.39%) Tableau
5 1 (0.69%) Ab Initio
5 1 (0.69%) Cognos
5 1 (0.69%) DevExpress
5 1 (0.69%) Hyperion
5 1 (0.69%) MicroStrategy
5 1 (0.69%) Murex
5 1 (0.69%) Perforce