Period
to 17 October 2017

The following table provides summary statistics for permanent job vacancies with a requirement for MiFID skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited MiFID over the 6 months to 17 October 2017 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK
6 months to
17 Oct 2017
Same period 2016 Same period 2015
Rank 783 863 999
Rank change year-on-year +80 +136 +282
Permanent jobs citing MiFID 417 384 298
As % of all permanent IT jobs advertised in the UK 0.24% 0.20% 0.14%
As % of the Quality Assurance & Compliance category 1.91% 1.53% 1.07%
Number of salaries quoted 233 300 258
UK median annual salary £75,000 £70,000 £72,500
Median salary % change year-on-year +7.14% -3.45% +7.41%
10th Percentile £50,700 £53,750 £48,325
90th Percentile £95,000 £103,875 £107,500
UK excluding London median annual salary £57,500 £62,500 £45,000
% change year-on-year -8.00% +38.89% -10.00%

MiFID is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK
Permanent vacancies with a requirement for quality assurance or compliance skills 21849 25080 27828
As % of all permanent IT jobs advertised in the UK 12.49% 13.07% 12.78%
Number of salaries quoted 16225 19848 21997
UK median annual salary £50,000 £50,000 £45,000
Median salary % change year-on-year - +11.11% -
10th Percentile £27,500 £27,500 £26,250
90th Percentile £77,500 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,000
% change year-on-year - +6.25% -

MiFID
Job Vacancy Trend

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

Job vacancy trend for MiFID in the UK

MiFID
Salary Trend

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

Salary trend for MiFID in the UK

MiFID
Salary Histogram

The salary distribution of IT jobs citing MiFID over the 6 months to 17 October 2017.

Salary histogram for MiFID in the UK

MiFID
Top 9 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing MiFID within the UK over the 6 months to 17 October 2017. 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 +94 409 £75,000 +7.14% 35
London +50 400 £75,000 +3.45% 33
UK excluding London +30 17 £57,500 -8.00% 4
Scotland -12 8 £60,000 -14.29% 2
North of England - 8 £47,500 - 1
North West - 8 £47,500 - 1
Midlands +36 1 - -
South West +12 1 £47,500 +8.57%
West Midlands - 1 - -

For the 6 months to 17 October 2017, IT jobs citing MiFID also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads with a requirement for MiFID.

1 285 (68.35%) Finance
2 240 (57.55%) Banking
3 165 (39.57%) Investment Banking
4 164 (39.33%) Business Analysis
5 154 (36.93%) EMIR
6 120 (28.78%) Derivative
7 115 (27.58%) Dodd-Frank
8 111 (26.62%) Project Management
9 108 (25.90%) Agile Software Development
10 104 (24.94%) Asset Management
10 104 (24.94%) Wealth Management
11 96 (23.02%) SQL
12 92 (22.06%) Front Office
13 81 (19.42%) Analytical Skills
13 81 (19.42%) SDLC
14 72 (17.27%) Retail
15 71 (17.03%) Stakeholder Management
16 69 (16.55%) Degree
17 66 (15.83%) Equities
18 63 (15.11%) Retail Banking
19 61 (14.63%) Foreign Exchange (FX)
20 60 (14.39%) Microsoft Excel
20 60 (14.39%) Client Onboarding
21 58 (13.91%) KYC
22 57 (13.67%) Data Modelling
23 56 (13.43%) Fixed Income
24 54 (12.95%) Reference Data
25 51 (12.23%) Data Analysis
26 50 (11.99%) Microsoft PowerPoint
26 50 (11.99%) Back Office

MiFID
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 7 (1.68%) SAS
2 5 (1.20%) Confluence
2 5 (1.20%) SharePoint
3 4 (0.96%) Apache
3 4 (0.96%) IIS
3 4 (0.96%) Tomcat
4 3 (0.72%) Oracle Workflow
5 2 (0.48%) JBoss
6 1 (0.24%) Apache Spark
Applications
1 60 (14.39%) Microsoft Excel
2 50 (11.99%) Microsoft PowerPoint
3 9 (2.16%) MS Visio
4 7 (1.68%) Microsoft Project
4 7 (1.68%) SPSS
5 2 (0.48%) Microsoft Office
Business Applications
1 10 (2.40%) thinkFolio
2 8 (1.92%) Eagle PACE
2 8 (1.92%) LatentZero
2 8 (1.92%) Markit EDM
3 7 (1.68%) Minerva
3 7 (1.68%) Pega PRPC
4 4 (0.96%) Endur
4 4 (0.96%) Oracle TCA
5 3 (0.72%) Dynamics CRM
5 3 (0.72%) Oracle Payables
5 3 (0.72%) Oracle Receivables
6 1 (0.24%) Bloomberg AIM
6 1 (0.24%) Bloomberg TOMS
6 1 (0.24%) ION MarketView
6 1 (0.24%) RMDS
6 1 (0.24%) Temenos Globus
Cloud Services
1 7 (1.68%) npm
1 7 (1.68%) Yarn
2 4 (0.96%) IBM Blueworks
2 4 (0.96%) SaaS
Communications & Networking
1 5 (1.20%) TCP/IP
2 3 (0.72%) DWDM
2 3 (0.72%) Ethernet
2 3 (0.72%) Network Security
2 3 (0.72%) SDH
3 2 (0.48%) FTP
4 1 (0.24%) Firewall
4 1 (0.24%) NAS
4 1 (0.24%) SAN
4 1 (0.24%) VoIP
Database & Business Intelligence
1 25 (6.00%) SQL Server
2 19 (4.56%) Big Data
3 11 (2.64%) Relational Database
3 11 (2.64%) SQL Server 2014
4 9 (2.16%) Blockchain
4 9 (2.16%) SQL Server Integration Services
4 9 (2.16%) SQL Server Reporting Services
5 7 (1.68%) QlikView
5 7 (1.68%) Spotfire
6 6 (1.44%) DB2
6 6 (1.44%) RDBMS
7 4 (0.96%) MariaDB
8 3 (0.72%) Data Warehouse
8 3 (0.72%) MySQL
8 3 (0.72%) Oracle Database
8 3 (0.72%) SQL Server Analysis Services
9 2 (0.48%) Flink
9 2 (0.48%) MongoDB
9 2 (0.48%) NoSQL
10 1 (0.24%) SQL Server 2008
Development Applications
1 22 (5.28%) Git (software)
2 21 (5.04%) Jenkins
3 18 (4.32%) JIRA
4 17 (4.08%) Maven
5 15 (3.60%) JUnit
5 15 (3.60%) TeamCity
6 9 (2.16%) Hudson
7 6 (1.44%) Cucumber
8 5 (1.20%) Ant
8 5 (1.20%) Gradle
8 5 (1.20%) Selenium
9 4 (0.96%) Team Foundation Server
10 3 (0.72%) SpecFlow
11 2 (0.48%) JBehave
12 1 (0.24%) Concordion
12 1 (0.24%) Mockito
12 1 (0.24%) Subversion
12 1 (0.24%) WebDriver
General
1 285 (68.35%) Finance
2 240 (57.55%) Banking
3 165 (39.57%) Investment Banking
4 92 (22.06%) Front Office
5 72 (17.27%) Retail
6 63 (15.11%) Retail Banking
7 50 (11.99%) Back Office
8 23 (5.52%) Legal
9 19 (4.56%) Financial Institution
10 15 (3.60%) Corporate Banking
11 13 (3.12%) Advertising
12 7 (1.68%) Private Banking
13 6 (1.44%) International Banking
14 4 (0.96%) Games
15 3 (0.72%) Electronics
15 3 (0.72%) Telecoms
16 2 (0.48%) Billing
16 2 (0.48%) Law
Job Titles
1 215 (51.56%) Analyst
2 190 (45.56%) Business Analyst
3 58 (13.91%) Developer
4 57 (13.67%) Project Manager
5 55 (13.19%) Banking Analyst
6 52 (12.47%) Business IT Analyst
6 52 (12.47%) IT Analyst
6 52 (12.47%) IT Business Analyst
7 51 (12.23%) MiFID Business Analyst
8 42 (10.07%) Change Analyst
9 40 (9.59%) Operations Analyst
10 36 (8.63%) Operations Business Analyst
11 35 (8.39%) IT Operations Analyst
12 30 (7.19%) Java Developer
13 27 (6.47%) Investment Banking Business Analyst
14 21 (5.04%) Regulatory Business Analyst
15 20 (4.80%) .NET Software Engineer
15 20 (4.80%) Banking Business Analyst
15 20 (4.80%) C# Software Engineer
15 20 (4.80%) Financial Analyst
Libraries, Frameworks & Software Standards
1 35 (8.39%) .NET
2 23 (5.52%) FIX Protocol
3 22 (5.28%) Spring
4 20 (4.80%) XML
5 19 (4.56%) HTML
6 15 (3.60%) Hibernate
7 14 (3.36%) JSON
8 13 (3.12%) Akka
8 13 (3.12%) Kafka
9 11 (2.64%) Spring Boot
9 11 (2.64%) Zuul
10 9 (2.16%) AngularJS
10 9 (2.16%) HTML5
10 9 (2.16%) React
10 9 (2.16%) Redux
11 8 (1.92%) REST
11 8 (1.92%) WPF
12 6 (1.44%) Twitter Bootstrap
13 5 (1.20%) FpML
13 5 (1.20%) SOAP
Miscellaneous
1 120 (28.78%) Derivative
2 81 (19.42%) Analytical Skills
3 66 (15.83%) Equities
4 61 (14.63%) Foreign Exchange (FX)
5 56 (13.43%) Fixed Income
6 54 (12.95%) Reference Data
7 46 (11.03%) Fintech
8 27 (6.47%) Greenfield Project
9 26 (6.24%) Computer Science
10 19 (4.56%) OTC Derivatives
11 15 (3.60%) Exotic Derivative
12 11 (2.64%) Virtual Team
13 10 (2.40%) Credit Risk
13 10 (2.40%) Data Structures
13 10 (2.40%) Hedge funds
13 10 (2.40%) Management Information System
13 10 (2.40%) Market Risk
13 10 (2.40%) PMI
14 9 (2.16%) Equity Derivative
15 7 (1.68%) Algorithms
Operating Systems
1 15 (3.60%) Linux
2 11 (2.64%) Unix
3 7 (1.68%) Windows
4 5 (1.20%) Windows Server
Processes & Methodologies
1 164 (39.33%) Business Analysis
2 111 (26.62%) Project Management
3 108 (25.90%) Agile Software Development
4 104 (24.94%) Asset Management
4 104 (24.94%) Wealth Management
5 81 (19.42%) SDLC
6 71 (17.03%) Stakeholder Management
7 60 (14.39%) Client Onboarding
8 58 (13.91%) KYC
9 57 (13.67%) Data Modelling
10 51 (12.23%) Data Analysis
11 45 (10.79%) Scrum
12 43 (10.31%) Investment Management
13 39 (9.35%) PRINCE2
14 35 (8.39%) GAP Analysis
15 32 (7.67%) Risk Management
16 27 (6.47%) Mentoring
17 26 (6.24%) Workflow
18 24 (5.76%) Software Engineering
19 23 (5.52%) Validation
Programming Languages
1 96 (23.02%) SQL
2 49 (11.75%) C#
2 49 (11.75%) Java
3 23 (5.52%) JavaScript
4 17 (4.08%) C++
5 9 (2.16%) TypeScript
6 8 (1.92%) C
6 8 (1.92%) Python
7 7 (1.68%) COBOL
7 7 (1.68%) ES6
7 7 (1.68%) MATLAB
7 7 (1.68%) R
8 6 (1.44%) PL/SQL
9 5 (1.20%) Shell Script
10 3 (0.72%) VB
10 3 (0.72%) VBA
11 2 (0.48%) Perl
11 2 (0.48%) Scala
Qualifications
1 69 (16.55%) Degree
2 13 (3.12%) PMI Certification
3 10 (2.40%) PMP
4 7 (1.68%) CFA
5 5 (1.20%) Computer Science Degree
5 5 (1.20%) ISEB
5 5 (1.20%) Master's Degree
5 5 (1.20%) PRINCE2 Certification
6 2 (0.48%) PRINCE2 Practitioner
7 1 (0.24%) ISTQB
7 1 (0.24%) Numerate Degree
7 1 (0.24%) PhD
Quality Assurance & Compliance
1 154 (36.93%) EMIR
2 115 (27.58%) Dodd-Frank
3 35 (8.39%) QA
4 33 (7.91%) GDPR
5 27 (6.47%) FATCA
6 14 (3.36%) Data Quality
7 13 (3.12%) AIFMD
8 12 (2.88%) Solvency II
9 9 (2.16%) IFRS
9 9 (2.16%) UCITS
10 8 (1.92%) PMO
11 7 (1.68%) CRD IV
12 3 (0.72%) Basel III
13 2 (0.48%) FINRA
13 2 (0.48%) SLA
14 1 (0.24%) COREP
14 1 (0.24%) FINREP
14 1 (0.24%) IFRS 9
System Software
1 1 (0.24%) Active Directory
1 1 (0.24%) Docker
Systems Management
1 1 (0.24%) Ansible
1 1 (0.24%) HP Quality Center
Vendors
1 31 (7.43%) Microsoft
2 25 (6.00%) Charles River
3 17 (4.08%) Oracle
4 15 (3.60%) Murex
5 14 (3.36%) Salesforce.com
6 11 (2.64%) Calypso
6 11 (2.64%) IBM
6 11 (2.64%) Pega
7 10 (2.40%) Fidessa
7 10 (2.40%) GoldenSource
7 10 (2.40%) Reuters
8 9 (2.16%) FXall
9 7 (1.68%) Tableau
10 6 (1.44%) Bloomberg
10 6 (1.44%) Cognizant
11 5 (1.20%) Avaloq
11 5 (1.20%) HP
11 5 (1.20%) Perforce
12 4 (0.96%) Fixnetix
12 4 (0.96%) Sophis