Period
to 20 September 2021

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 September 2021 with a comparison to the same period over the previous 2 years.

Market Risk
UK
6 months to
20 Sep 2021
Same period 2020 Same period 2019
Rank 867 610 981
Rank change year-on-year -257 +371 +38
Permanent jobs citing Market Risk 160 89 123
As % of all permanent jobs advertised in the UK 0.13% 0.18% 0.087%
As % of the Miscellaneous category 0.33% 0.50% 0.25%
Number of salaries quoted 102 74 82
10th Percentile £70,250 £64,029 £47,500
25th Percentile £78,750 £69,375 £59,093
Median annual salary (50th Percentile) £85,000 £95,000 £78,250
Median % change year-on-year -10.53% +21.41% -7.94%
75th Percentile £120,000 £100,000 £95,000
90th Percentile £126,250 £110,000 £110,000
UK excluding London median annual salary £80,000 - £87,500

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 48,649 17,659 49,728
As % of all permanent IT jobs advertised in the UK 40.19% 35.95% 35.18%
Number of salaries quoted 29,213 14,314 37,926
10th Percentile £32,500 £32,788 £30,000
25th Percentile £42,500 £42,500 £37,500
Median annual salary (50th Percentile) £60,000 £57,500 £53,000
Median % change year-on-year +4.35% +8.49% +0.95%
75th Percentile £80,000 £78,750 £72,500
90th Percentile £97,500 £100,000 £90,000
UK excluding London median annual salary £50,000 £48,000 £45,000
% change year-on-year +4.17% +6.67% -

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 20 September 2021.

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 20 September 2021. 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 -239 157 £85,000 -10.53% 26
London -157 154 £85,000 -10.53% 25
Work from Home -257 19 £123,750 +26.92% 6
UK excluding London -234 5 £80,000 - 1
Scotland - 3 £80,000 -
North of England -114 2 £78,840 -
Yorkshire - 2 £78,840 -

For the 6 months to 20 September 2021, 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.

1 133 (83.13%) Finance
2 100 (62.50%) Python
3 94 (58.75%) Front Office
4 87 (54.38%) Java
5 76 (47.50%) AWS
6 74 (46.25%) Risk Management
6 74 (46.25%) Agile Software Development
7 72 (45.00%) Banking
8 69 (43.13%) Azure
9 65 (40.63%) GCP
10 64 (40.00%) Derivative
11 62 (38.75%) Equities
12 61 (38.13%) Software Engineering
13 57 (35.63%) Social Skills
14 52 (32.50%) Investment Banking
14 52 (32.50%) Fixed Income
15 48 (30.00%) JavaScript
16 46 (28.75%) Order Management
17 45 (28.13%) React
18 44 (27.50%) Analytics
18 44 (27.50%) Asset Management
19 42 (26.25%) TDD
20 39 (24.38%) Foreign Exchange (FX)
21 38 (23.75%) Docker
22 35 (21.88%) Kubernetes
23 34 (21.25%) Spring
24 33 (20.63%) Hedge funds
25 32 (20.00%) Mathematics
26 31 (19.38%) DevOps
27 30 (18.75%) Problem-Solving

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 19 (11.88%) Elasticsearch
2 7 (4.38%) Apache Spark
3 3 (1.88%) DataSynapse
4 2 (1.25%) Confluence
4 2 (1.25%) SAS
5 1 (0.63%) Jupyter
Applications
1 14 (8.75%) Microsoft Excel
2 2 (1.25%) Microsoft PowerPoint
2 2 (1.25%) Spreadsheet
3 1 (0.63%) Microsoft Office
Business Applications
1 4 (2.50%) FINCAD Analytics
Cloud Services
1 76 (47.50%) AWS
2 69 (43.13%) Azure
3 65 (40.63%) GCP
4 27 (16.88%) OpenShift
5 12 (7.50%) Amazon EC2
5 12 (7.50%) Amazon S3
5 12 (7.50%) AWS Lambda
5 12 (7.50%) Serverless
6 6 (3.75%) SaaS
Communications & Networking
1 1 (0.63%) HTTP
Database & Business Intelligence
1 12 (7.50%) Amazon Athena
1 12 (7.50%) Data Mart
1 12 (7.50%) SQL Server
2 8 (5.00%) Big Data
3 5 (3.13%) Relational Database
4 2 (1.25%) Data Mining
4 2 (1.25%) Dremio
4 2 (1.25%) Hadoop
5 1 (0.63%) Azure SQL Database
5 1 (0.63%) BusinessObjects
5 1 (0.63%) Data Lake
5 1 (0.63%) Data Warehouse
5 1 (0.63%) KDB
5 1 (0.63%) Kdb+
5 1 (0.63%) MongoDB
5 1 (0.63%) NoSQL
5 1 (0.63%) OLAP
5 1 (0.63%) OLAP Cube
5 1 (0.63%) Oracle OLAP
Development Applications
1 23 (14.38%) Maven
2 22 (13.75%) Git (software)
3 19 (11.88%) Artifactory
3 19 (11.88%) SonarQube
4 6 (3.75%) TeamCity
5 5 (3.13%) Jenkins
6 3 (1.88%) JIRA
General
1 133 (83.13%) Finance
2 94 (58.75%) Front Office
3 72 (45.00%) Banking
4 57 (35.63%) Social Skills
5 52 (32.50%) Investment Banking
6 17 (10.63%) Analytical Skills
7 13 (8.13%) Advertising
8 9 (5.63%) Back Office
9 8 (5.00%) Documentation Skills
9 8 (5.00%) Retail
10 7 (4.38%) Financial Institution
11 6 (3.75%) Retail Finance
12 4 (2.50%) Influencing Skills
13 3 (1.88%) Inclusion and Diversity
13 3 (1.88%) Legal
14 1 (0.63%) Organisational Skills
Job Titles
1 103 (64.38%) Developer
2 36 (22.50%) Java Developer
3 30 (18.75%) Software Engineer
4 27 (16.88%) Finance Manager
5 26 (16.25%) Quantitative Developer
6 22 (13.75%) Market Risk Developer
7 21 (13.13%) Python Developer
8 18 (11.25%) Analyst
9 16 (10.00%) C# Developer
10 15 (9.38%) Business Analyst
11 13 (8.13%) Senior Developer
12 12 (7.50%) Developer/Software Engineer
13 10 (6.25%) C# Quant Developer
13 10 (6.25%) Investment Banking Business Analyst
13 10 (6.25%) Murex Analyst
13 10 (6.25%) Murex Business Analyst
13 10 (6.25%) Senior Java Developer
14 9 (5.63%) Java Scala Developer
14 9 (5.63%) Scala Developer
14 9 (5.63%) SQL Developer
Libraries, Frameworks & Software Standards
1 45 (28.13%) React
2 34 (21.25%) Spring
3 27 (16.88%) Node.js
4 23 (14.38%) Kafka
5 21 (13.13%) NumPy
6 18 (11.25%) SciPy
6 18 (11.25%) Web Services
7 15 (9.38%) Spring Boot
8 13 (8.13%) .NET
9 12 (7.50%) Murex MxML
10 9 (5.63%) AngularJS
11 3 (1.88%) .NET Core
11 3 (1.88%) .NET Framework
11 3 (1.88%) ASP.NET
11 3 (1.88%) ASP.NET MVC
11 3 (1.88%) Entity Framework
11 3 (1.88%) HTML
11 3 (1.88%) HTML5
11 3 (1.88%) Pandas
12 2 (1.25%) Murex Flex
Miscellaneous
1 64 (40.00%) Derivative
2 62 (38.75%) Equities
3 52 (32.50%) Fixed Income
4 39 (24.38%) Foreign Exchange (FX)
5 33 (20.63%) Hedge funds
6 27 (16.88%) Greenfield Project
7 20 (12.50%) Equity Derivative
8 19 (11.88%) Video\Live Streaming
9 16 (10.00%) Credit Risk
10 10 (6.25%) Exotic Derivative
11 4 (2.50%) Cloud Native
11 4 (2.50%) Hybrid Cloud
11 4 (2.50%) Management Information System
11 4 (2.50%) Public Cloud
11 4 (2.50%) Virtual Team
12 3 (1.88%) Taxonomies
13 2 (1.25%) Algorithms
13 2 (1.25%) OTC Derivatives
14 1 (0.63%) Reinsurance
14 1 (0.63%) Self-Motivation
Operating Systems
1 5 (3.13%) Linux
2 2 (1.25%) Unix
Processes & Methodologies
1 74 (46.25%) Agile Software Development
1 74 (46.25%) Risk Management
2 61 (38.13%) Software Engineering
3 46 (28.75%) Order Management
4 44 (27.50%) Analytics
4 44 (27.50%) Asset Management
5 42 (26.25%) TDD
6 32 (20.00%) Mathematics
7 31 (19.38%) DevOps
8 30 (18.75%) Problem-Solving
9 27 (16.88%) Portfolio Management
10 25 (15.63%) Continuous Integration
11 22 (13.75%) Migration
12 21 (13.13%) Data Analytics
13 20 (12.50%) Cost Reduction
13 20 (12.50%) Performance Tuning
14 19 (11.88%) Continuous Deployment
14 19 (11.88%) Performance Monitoring
15 15 (9.38%) Investment Management
16 14 (8.75%) Validation
Programming Languages
1 100 (62.50%) Python
2 87 (54.38%) Java
3 48 (30.00%) JavaScript
4 25 (15.63%) C#
5 22 (13.75%) Scala
6 21 (13.13%) C++
6 21 (13.13%) SQL
7 14 (8.75%) MATLAB
8 12 (7.50%) Clojure
8 12 (7.50%) Kotlin
9 10 (6.25%) R
10 9 (5.63%) VBA
11 6 (3.75%) Groovy
12 3 (1.88%) TypeScript
13 2 (1.25%) C
13 2 (1.25%) F#
14 1 (0.63%) Java 8
14 1 (0.63%) Perl
Qualifications
1 17 (10.63%) Degree
2 12 (7.50%) PhD
3 10 (6.25%) Master's Degree
4 1 (0.63%) ISEB
4 1 (0.63%) ISTQB
Quality Assurance & Compliance
1 12 (7.50%) Dodd-Frank
2 11 (6.88%) Basel II
3 10 (6.25%) EMIR
3 10 (6.25%) MiFID
4 8 (5.00%) CRD IV
5 5 (3.13%) Basel III
6 3 (1.88%) Data Quality
7 2 (1.25%) QA
8 1 (0.63%) PSD2
8 1 (0.63%) SEPA
8 1 (0.63%) Solvency II
8 1 (0.63%) TARGET2
System Software
1 38 (23.75%) Docker
2 19 (11.88%) Virtual Machines
Systems Management
1 35 (21.88%) Kubernetes
Vendors
1 12 (7.50%) Murex
2 8 (5.00%) Bloomberg
3 7 (4.38%) Reuters
4 4 (2.50%) Google
5 3 (1.88%) Oracle
5 3 (1.88%) Solace
6 2 (1.25%) Microsoft
7 1 (0.63%) SAP
7 1 (0.63%) Sybase
7 1 (0.63%) TIBCO