Period
to 19 September 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 19 September 2020 with a comparison to the same period over the previous 2 years.

Market Risk
UK
6 months to
19 Sep 2020
Same period 2019 Same period 2018
Rank 615 960 1004
Rank change year-on-year +345 +44 -76
Permanent jobs citing Market Risk 90 124 177
As % of all permanent jobs advertised in the UK 0.18% 0.088% 0.11%
As % of the Miscellaneous category 0.46% 0.23% 0.27%
Number of salaries quoted 78 94 144
Median annual salary £97,500 £81,000 £85,000
Median salary % change year-on-year +20.37% -4.71% -5.56%
10th Percentile £64,029 £48,850 £55,000
90th Percentile £110,000 £110,000 £120,000
UK excluding London median annual salary - £87,500 £60,000
% change year-on-year - +45.83% +9.09%

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 19,414 54,910 65,985
As % of all permanent IT jobs advertised in the UK 38.99% 38.85% 39.41%
Number of salaries quoted 15,309 41,191 50,509
Median annual salary £57,500 £52,500 £52,500
Median salary % change year-on-year +9.52% - +5.00%
10th Percentile £32,500 £29,375 £28,750
90th Percentile £100,000 £90,000 £85,000
UK excluding London median annual salary £48,000 £45,000 £45,000
% change year-on-year +6.67% - +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 19 September 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 19 September 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 +359 90 £97,500 +21.88% 10
London +249 85 £97,500 +21.88% 10
UK excluding London +319 5 - -
South East +228 4 - -
Work from Home +55 3 £97,500 -2.50%
North West - 1 - -
North of England - 1 - -

For the 6 months to 19 September 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 53 (58.89%) Finance
2 39 (43.33%) Banking
3 37 (41.11%) Java
4 33 (36.67%) Python
5 31 (34.44%) Risk Management
6 27 (30.00%) Agile Software Development
6 27 (30.00%) Front Office
7 26 (28.89%) Web Services
7 26 (28.89%) Spring
7 26 (28.89%) Mathematics
8 25 (27.78%) JMS
8 25 (27.78%) Tomcat
8 25 (27.78%) Hibernate
8 25 (27.78%) REST
9 24 (26.67%) Degree
9 24 (26.67%) Investment Banking
10 23 (25.56%) Technical Analysis
11 22 (24.44%) User Acceptance Testing
12 21 (23.33%) System Testing
13 20 (22.22%) ActiveMQ
14 18 (20.00%) Foreign Exchange (FX)
15 16 (17.78%) SQL Server
16 13 (14.44%) C#
16 13 (14.44%) PhD
16 13 (14.44%) Software Engineering
16 13 (14.44%) MongoDB
17 12 (13.33%) R
17 12 (13.33%) BDD
17 12 (13.33%) Stochastic Calculus
17 12 (13.33%) Economics

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 25 (27.78%) Tomcat
2 11 (12.22%) Apache Spark
3 10 (11.11%) Apache
4 7 (7.78%) Confluence
5 2 (2.22%) CMS
Applications
1 6 (6.67%) Microsoft Excel
Business Applications
1 4 (4.44%) SAP CO
1 4 (4.44%) SAP FI
1 4 (4.44%) SAP FI/CO
2 1 (1.11%) Oracle Subledger Accounting
Cloud Services
1 2 (2.22%) Azure
2 1 (1.11%) Cloud Computing
Database & Business Intelligence
1 16 (17.78%) SQL Server
2 13 (14.44%) MongoDB
3 10 (11.11%) NoSQL
4 8 (8.89%) Hadoop
5 3 (3.33%) Cosmos DB
6 2 (2.22%) KDB
6 2 (2.22%) Kdb+
7 1 (1.11%) Big Data
7 1 (1.11%) Relational Database
7 1 (1.11%) Spotfire
7 1 (1.11%) SQL Server 2012
Development Applications
1 7 (7.78%) Atlassian Bamboo
1 7 (7.78%) JIRA
2 6 (6.67%) Bitbucket
3 3 (3.33%) Git (software)
4 2 (2.22%) Maven
5 1 (1.11%) Jenkins
5 1 (1.11%) SpecFlow
5 1 (1.11%) Subversion
5 1 (1.11%) TeamCity
General
1 53 (58.89%) Finance
2 39 (43.33%) Banking
3 27 (30.00%) Front Office
4 24 (26.67%) Investment Banking
5 10 (11.11%) Advertising
6 4 (4.44%) Financial Institution
7 3 (3.33%) Back Office
8 2 (2.22%) Retail
9 1 (1.11%) Czech Language
Job Titles
1 59 (65.56%) Developer
2 28 (31.11%) Java Developer
3 25 (27.78%) Analyst
4 17 (18.89%) Senior Developer
5 13 (14.44%) Qualitative Analyst
5 13 (14.44%) Quantitative Analyst
6 11 (12.22%) Python Developer
7 10 (11.11%) Risk Analyst
8 9 (10.00%) Analyst Developer
8 9 (10.00%) Front Office Developer
8 9 (10.00%) Quantitative Developer
8 9 (10.00%) Senior Java Developer
9 8 (8.89%) Market Risk Developer
9 8 (8.89%) Quantitative Analyst Developer
10 7 (7.78%) Business Analyst
10 7 (7.78%) Senior Analyst
11 6 (6.67%) Market Risk Analyst
11 6 (6.67%) Market Risk Java Developer
11 6 (6.67%) Senior Market Risk Java Developer
12 5 (5.56%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 26 (28.89%) Spring
1 26 (28.89%) Web Services
2 25 (27.78%) Hibernate
2 25 (27.78%) JMS
2 25 (27.78%) REST
3 20 (22.22%) ActiveMQ
4 10 (11.11%) AngularJS
5 9 (10.00%) React
6 6 (6.67%) JAXB
6 6 (6.67%) XML
6 6 (6.67%) XSD
6 6 (6.67%) XSLT
7 5 (5.56%) .NET
8 4 (4.44%) Akka
8 4 (4.44%) Node.js
8 4 (4.44%) Spring WebFlux
9 3 (3.33%) XSL
10 2 (2.22%) ASP.NET
10 2 (2.22%) Swing
10 2 (2.22%) WCF
Miscellaneous
1 18 (20.00%) Foreign Exchange (FX)
2 11 (12.22%) Credit Risk
3 10 (11.11%) Derivative
4 9 (10.00%) Equities
4 9 (10.00%) Virtual Team
5 8 (8.89%) Exotic Derivative
6 4 (4.44%) Analytical Skills
6 4 (4.44%) Reference Data
7 3 (3.33%) Hedge funds
8 2 (2.22%) Analytical Mindset
8 2 (2.22%) Equity Derivative
8 2 (2.22%) Fixed Income
8 2 (2.22%) Greenfield Project
8 2 (2.22%) Grid Computing
8 2 (2.22%) Swaptions
9 1 (1.11%) Data Structures
Operating Systems
1 7 (7.78%) Unix
2 6 (6.67%) Linux
3 5 (5.56%) Red Hat Enterprise Linux
4 1 (1.11%) Windows
Processes & Methodologies
1 31 (34.44%) Risk Management
2 27 (30.00%) Agile Software Development
3 26 (28.89%) Mathematics
4 23 (25.56%) Technical Analysis
5 22 (24.44%) User Acceptance Testing
6 21 (23.33%) System Testing
7 13 (14.44%) Software Engineering
8 12 (13.33%) BDD
8 12 (13.33%) Economics
8 12 (13.33%) OO
8 12 (13.33%) Stochastic Calculus
8 12 (13.33%) Validation
9 11 (12.22%) Computer Science
9 11 (12.22%) TDD
10 10 (11.11%) Continuous Integration
10 10 (11.11%) Physics
11 9 (10.00%) Analytics
11 9 (10.00%) Continuous Delivery
11 9 (10.00%) Data Science
11 9 (10.00%) PnL Attribution
Programming Languages
1 37 (41.11%) Java
2 33 (36.67%) Python
3 13 (14.44%) C#
4 12 (13.33%) C++
4 12 (13.33%) R
5 9 (10.00%) SQL
6 7 (7.78%) Scala
7 3 (3.33%) F#
7 3 (3.33%) MATLAB
7 3 (3.33%) VBA
8 2 (2.22%) JavaScript
9 1 (1.11%) Haskell
9 1 (1.11%) Java 8
9 1 (1.11%) Kotlin
9 1 (1.11%) T-SQL
Qualifications
1 24 (26.67%) Degree
2 13 (14.44%) PhD
3 9 (10.00%) Computer Science Degree
4 8 (8.89%) Master's Degree
5 7 (7.78%) SC Cleared
5 7 (7.78%) Security Cleared
Quality Assurance & Compliance
1 8 (8.89%) Dodd-Frank
1 8 (8.89%) EMIR
1 8 (8.89%) MiFID
2 1 (1.11%) Data Quality
Vendors
1 7 (7.78%) SAP
2 5 (5.56%) Murex
3 1 (1.11%) Microsoft
3 1 (1.11%) Oracle
3 1 (1.11%) Sybase
3 1 (1.11%) Telerik