Period
to 25 January 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 25 January 2021 with a comparison to the same period over the previous 2 years.

Market Risk
UK
6 months to
25 Jan 2021
Same period 2020 Same period 2019
Rank 682 937 955
Rank change year-on-year +255 +18 +47
Permanent jobs citing Market Risk 88 91 166
As % of all permanent jobs advertised in the UK 0.14% 0.073% 0.11%
As % of the Miscellaneous category 0.35% 0.19% 0.28%
Number of salaries quoted 62 73 142
Median annual salary £90,000 £90,000 £75,000
Median salary % change year-on-year - +20.00% -16.67%
10th Percentile £62,750 £47,500 £55,000
90th Percentile £105,000 £113,750 £112,500
UK excluding London median annual salary - £71,250 £70,000
% change year-on-year - +1.79% +9.80%

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 24,808 48,114 60,069
As % of all permanent IT jobs advertised in the UK 38.54% 38.52% 39.58%
Number of salaries quoted 19,260 37,405 46,331
Median annual salary £55,000 £55,000 £52,500
Median salary % change year-on-year - +4.76% +5.00%
10th Percentile £32,500 £30,000 £29,250
90th Percentile £95,000 £93,750 £87,500
UK excluding London median annual salary £48,000 £45,000 £45,000
% change year-on-year +6.67% - +4.65%

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 25 January 2021.

Salary histogram for Market Risk in the UK

Market Risk
Top 6 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 25 January 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 +259 88 £90,000 -5.26% 14
London +218 87 £90,000 -5.26% 12
Work from Home -79 2 - -
UK excluding London +200 1 - - 2
North of England - 1 - -
North West - 1 - -

For the 6 months to 25 January 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 62 (70.45%) Finance
2 49 (55.68%) Python
3 41 (46.59%) Front Office
4 34 (38.64%) Foreign Exchange (FX)
4 34 (38.64%) Java
4 34 (38.64%) Banking
5 32 (36.36%) Equities
6 31 (35.23%) Risk Management
7 29 (32.95%) Agile Software Development
8 28 (31.82%) Investment Banking
9 27 (30.68%) C++
10 25 (28.41%) C#
11 20 (22.73%) Fixed Income
12 17 (19.32%) Mathematics
12 17 (19.32%) Credit Risk
12 17 (19.32%) Analytical Skills
13 16 (18.18%) Derivative
13 16 (18.18%) Degree
13 16 (18.18%) Advertising
14 15 (17.05%) Spring
15 14 (15.91%) Azure
15 14 (15.91%) Machine Learning
15 14 (15.91%) MiFID
15 14 (15.91%) Stochastic Calculus
15 14 (15.91%) Validation
15 14 (15.91%) PhD
16 13 (14.77%) OO
16 13 (14.77%) Financial Modelling
16 13 (14.77%) User Acceptance Testing
16 13 (14.77%) Physics

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 12 (13.64%) Apache Spark
2 11 (12.50%) Apache
3 4 (4.55%) Tomcat
4 2 (2.27%) Confluence
Applications
1 7 (7.95%) Microsoft Excel
2 1 (1.14%) Microsoft Office
2 1 (1.14%) Microsoft PowerPoint
Business Applications
1 8 (9.09%) FINCAD Analytics
2 1 (1.14%) Oracle Subledger Accounting
Cloud Services
1 14 (15.91%) Azure
2 10 (11.36%) AWS
2 10 (11.36%) Azure Data Factory
3 2 (2.27%) GCP
4 1 (1.14%) Cloud Computing
Database & Business Intelligence
1 12 (13.64%) Hadoop
2 11 (12.50%) Big Data
2 11 (12.50%) Data Lake
3 6 (6.82%) Data Mart
4 4 (4.55%) SQL Server
5 2 (2.27%) Cosmos DB
5 2 (2.27%) MongoDB
6 1 (1.14%) Apache Ignite
6 1 (1.14%) Hazelcast
6 1 (1.14%) KDB
6 1 (1.14%) Kdb+
6 1 (1.14%) MS Access
6 1 (1.14%) Relational Database
6 1 (1.14%) Spotfire
Development Applications
1 8 (9.09%) Git (software)
1 8 (9.09%) Subversion
2 2 (2.27%) JIRA
3 1 (1.14%) TeamCity
General
1 62 (70.45%) Finance
2 41 (46.59%) Front Office
3 34 (38.64%) Banking
4 28 (31.82%) Investment Banking
5 16 (18.18%) Advertising
6 12 (13.64%) Financial Institution
7 2 (2.27%) Back Office
8 1 (1.14%) Czech Language
8 1 (1.14%) Legal
Job Titles
1 48 (54.55%) Developer
2 26 (29.55%) Analyst
3 21 (23.86%) Quantitative Developer
4 17 (19.32%) Senior Developer
5 15 (17.05%) Market Risk Developer
6 14 (15.91%) Python Developer
7 12 (13.64%) Business Analyst
8 11 (12.50%) Python Engineer
8 11 (12.50%) Qualitative Analyst
8 11 (12.50%) Quantitative Analyst
9 10 (11.36%) Analyst Developer
9 10 (11.36%) Data Engineer
9 10 (11.36%) Quantitative Analyst Developer
9 10 (11.36%) Senior Quantitative Developer
10 9 (10.23%) C++ Developer
10 9 (10.23%) Java Developer
10 9 (10.23%) Senior Analyst
10 9 (10.23%) Senior Analyst Developer
10 9 (10.23%) Senior Quantitative Analyst
11 8 (9.09%) Senior Python Developer
Libraries, Frameworks & Software Standards
1 15 (17.05%) Spring
2 10 (11.36%) Spring Boot
3 6 (6.82%) Murex MxML
4 4 (4.55%) ActiveMQ
4 4 (4.55%) Hibernate
4 4 (4.55%) JMS
4 4 (4.55%) REST
4 4 (4.55%) Web Services
5 2 (2.27%) Murex Flex
6 1 (1.14%) .NET
6 1 (1.14%) ASP.NET
6 1 (1.14%) CSS
6 1 (1.14%) FIX Protocol
6 1 (1.14%) HTML
6 1 (1.14%) WCF
6 1 (1.14%) WF
Miscellaneous
1 34 (38.64%) Foreign Exchange (FX)
2 32 (36.36%) Equities
3 20 (22.73%) Fixed Income
4 17 (19.32%) Analytical Skills
4 17 (19.32%) Credit Risk
5 16 (18.18%) Derivative
6 13 (14.77%) Exotic Derivative
7 9 (10.23%) Enterprise Software
8 5 (5.68%) Linux Command Line
9 2 (2.27%) Analytical Mindset
9 2 (2.27%) Equity Derivative
9 2 (2.27%) Hybrid Derivative
9 2 (2.27%) Virtual Team
10 1 (1.14%) Grid Computing
Operating Systems
1 5 (5.68%) Linux
Processes & Methodologies
1 31 (35.23%) Risk Management
2 29 (32.95%) Agile Software Development
3 17 (19.32%) Mathematics
4 14 (15.91%) Machine Learning
4 14 (15.91%) Stochastic Calculus
4 14 (15.91%) Validation
5 13 (14.77%) Artificial Intelligence
5 13 (14.77%) Financial Modelling
5 13 (14.77%) OO
5 13 (14.77%) Physics
5 13 (14.77%) User Acceptance Testing
6 11 (12.50%) Multithreading
7 10 (11.36%) Architectural Design
7 10 (11.36%) Low Latency
7 10 (11.36%) Microservices
7 10 (11.36%) Problem-Solving
7 10 (11.36%) SDLC
8 9 (10.23%) Root Cause Analysis
8 9 (10.23%) System Integration Testing
8 9 (10.23%) Test Strategy
Programming Languages
1 49 (55.68%) Python
2 34 (38.64%) Java
3 27 (30.68%) C++
4 25 (28.41%) C#
5 11 (12.50%) Scala
6 6 (6.82%) SQL
7 5 (5.68%) Shell Script
8 2 (2.27%) F#
9 1 (1.14%) Julia
9 1 (1.14%) VBA
Qualifications
1 16 (18.18%) Degree
2 14 (15.91%) PhD
3 13 (14.77%) Master's Degree
4 2 (2.27%) Computer Science Degree
4 2 (2.27%) SC Cleared
4 2 (2.27%) Security Cleared
Quality Assurance & Compliance
1 14 (15.91%) MiFID
2 13 (14.77%) Dodd-Frank
2 13 (14.77%) EMIR
3 10 (11.36%) QA
4 1 (1.14%) Data Quality
Systems Management
1 10 (11.36%) Kubernetes
Vendors
1 11 (12.50%) Databricks
2 8 (9.09%) Google
3 6 (6.82%) Murex
4 5 (5.68%) Microsoft
5 2 (2.27%) SAP
6 1 (1.14%) Bloomberg
6 1 (1.14%) Oracle
6 1 (1.14%) Sybase