Period
to 19 August 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 19 August 2017 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK
6 months to
19 Aug 2017
Same period 2016 Same period 2015
Rank 736 886 1041
Rank change year-on-year +150 +155 +197
Permanent jobs citing MiFID 467 385 255
As % of all permanent IT jobs advertised in the UK 0.26% 0.20% 0.12%
As % of the Quality Assurance & Compliance category 2.16% 1.48% 0.91%
Number of salaries quoted 272 269 217
UK median annual salary £75,000 £70,000 £72,500
Median salary % change year-on-year +7.14% -3.45% -9.38%
10th Percentile £52,625 £52,900 £43,750
90th Percentile £104,750 £105,000 £107,500
UK excluding London median annual salary £60,000 £55,000 £52,500
% change year-on-year +9.09% +4.76% -25.00%

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

Quality Assurance & Compliance Skills
UK
Permanent job vacancies with a requirement for quality assurance and compliance skills 21586 26020 28106
As % of all permanent IT job vacancies advertised in the UK 12.20% 13.19% 12.93%
Number of salaries quoted 16162 20655 22074
UK median annual salary £48,500 £48,500 £45,000
Median salary % change year-on-year - +7.78% -
10th Percentile £27,000 £26,750 £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 19 August 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 19 August 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 +152 452 £75,000 +7.14% 25
London +96 442 £75,000 +7.14% 23
UK excluding London +60 25 £60,000 +9.09% 3
Scotland +14 15 £60,000 -14.29% 1
North of England - 7 - -
North West - 7 - -
Midlands +28 2 £57,500 +21.05%
West Midlands +26 2 £57,500 +35.29%
South West -2 1 - -

For the 6 months to 19 August 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.

1 309 (66.17%) Finance
2 256 (54.82%) Banking
3 183 (39.19%) Business Analysis
4 152 (32.55%) Investment Banking
5 137 (29.34%) EMIR
6 121 (25.91%) Dodd-Frank
7 118 (25.27%) SQL
8 115 (24.63%) Derivative
9 112 (23.98%) Agile Software Development
10 111 (23.77%) Project Management
11 107 (22.91%) Wealth Management
12 100 (21.41%) Front Office
13 98 (20.99%) Asset Management
14 87 (18.63%) Stakeholder Management
15 83 (17.77%) Degree
16 78 (16.70%) SDLC
17 76 (16.27%) Analytical Skills
18 67 (14.35%) KYC
18 67 (14.35%) Client Onboarding
19 66 (14.13%) Fixed Income
19 66 (14.13%) Retail
20 63 (13.49%) Java
21 60 (12.85%) Scrum
22 59 (12.63%) Retail Banking
23 58 (12.42%) Equities
23 58 (12.42%) Foreign Exchange (FX)
24 53 (11.35%) Back Office
25 50 (10.71%) Data Modelling
26 49 (10.49%) Reference Data
27 48 (10.28%) Fintech

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 4 (0.86%) Tomcat
2 3 (0.64%) Apache
2 3 (0.64%) Oracle Workflow
3 2 (0.43%) Confluence
3 2 (0.43%) MTS
3 2 (0.43%) SAS
3 2 (0.43%) WebSphere
4 1 (0.21%) Apache Spark
4 1 (0.21%) IIS
4 1 (0.21%) JBoss
4 1 (0.21%) SharePoint
Applications
1 47 (10.06%) Microsoft Excel
2 44 (9.42%) Microsoft PowerPoint
3 12 (2.57%) MS Visio
4 5 (1.07%) Microsoft Office
4 5 (1.07%) Microsoft Project
5 2 (0.43%) SPSS
6 1 (0.21%) Open Workbench
Business Applications
1 11 (2.36%) Pega PRPC
2 9 (1.93%) thinkFolio
3 8 (1.71%) Eagle PACE
3 8 (1.71%) Markit EDM
4 7 (1.50%) LatentZero
4 7 (1.50%) Minerva
5 6 (1.28%) Endur
6 3 (0.64%) Oracle Payables
6 3 (0.64%) Oracle Receivables
7 2 (0.43%) BondVision
7 2 (0.43%) Temenos Globus
8 1 (0.21%) Actimize
8 1 (0.21%) Bloomberg TOMS
8 1 (0.21%) Dynamics CRM
8 1 (0.21%) Eikon
8 1 (0.21%) Oracle TCA
8 1 (0.21%) RMDS
8 1 (0.21%) SAP GTS
Cloud Services
1 5 (1.07%) SaaS
2 4 (0.86%) IBM Blueworks
Communications & Networking
1 4 (0.86%) TCP/IP
2 3 (0.64%) DWDM
2 3 (0.64%) Ethernet
2 3 (0.64%) Network Security
2 3 (0.64%) SDH
3 1 (0.21%) FTP
Database & Business Intelligence
1 24 (5.14%) Relational Database
2 18 (3.85%) Big Data
3 17 (3.64%) SQL Server
4 15 (3.21%) DB2
5 8 (1.71%) RDBMS
5 8 (1.71%) SQL Server Reporting Services
6 7 (1.50%) Data Warehouse
6 7 (1.50%) SQL Server Integration Services
7 6 (1.28%) Blockchain
7 6 (1.28%) SQL Server 2014
8 4 (0.86%) MariaDB
8 4 (0.86%) MongoDB
8 4 (0.86%) SQL Server Analysis Services
9 3 (0.64%) Oracle Database
10 2 (0.43%) Data Mining
10 2 (0.43%) Flink
10 2 (0.43%) MySQL
10 2 (0.43%) QlikView
10 2 (0.43%) Spotfire
11 1 (0.21%) BusinessObjects
Development Applications
1 27 (5.78%) Jenkins
2 26 (5.57%) Git (software)
3 24 (5.14%) Maven
4 17 (3.64%) Hudson
4 17 (3.64%) JUnit
5 15 (3.21%) TeamCity
6 13 (2.78%) Ant
6 13 (2.78%) Gradle
7 9 (1.93%) JIRA
8 7 (1.50%) Cucumber
8 7 (1.50%) Selenium
9 5 (1.07%) Concordion
9 5 (1.07%) JBehave
10 1 (0.21%) Mockito
10 1 (0.21%) SpecFlow
10 1 (0.21%) Subversion
10 1 (0.21%) Team Foundation Server
10 1 (0.21%) WebDriver
General
1 309 (66.17%) Finance
2 256 (54.82%) Banking
3 152 (32.55%) Investment Banking
4 100 (21.41%) Front Office
5 66 (14.13%) Retail
6 59 (12.63%) Retail Banking
7 53 (11.35%) Back Office
8 32 (6.85%) Legal
9 29 (6.21%) Corporate Banking
10 26 (5.57%) Financial Institution
11 16 (3.43%) Advertising
12 13 (2.78%) Private Banking
13 6 (1.28%) International Banking
14 4 (0.86%) Games
14 4 (0.86%) Telecoms
15 3 (0.64%) Electronics
16 2 (0.43%) Billing
16 2 (0.43%) French Language
16 2 (0.43%) Military
17 1 (0.21%) Marketing
Job Titles
1 235 (50.32%) Analyst
2 199 (42.61%) Business Analyst
3 68 (14.56%) MiFID Business Analyst
3 68 (14.56%) Project Manager
4 65 (13.92%) Developer
5 60 (12.85%) Banking Analyst
6 41 (8.78%) Java Developer
7 39 (8.35%) Business IT Analyst
7 39 (8.35%) IT Analyst
7 39 (8.35%) IT Business Analyst
8 32 (6.85%) Financial Analyst
9 31 (6.64%) Investment Banking Business Analyst
10 28 (6.00%) Technical Analyst
11 27 (5.78%) Change Analyst
11 27 (5.78%) Operations Analyst
12 26 (5.57%) Operations Business Analyst
13 25 (5.35%) IT Operations Analyst
14 21 (4.50%) Finance Business Analyst
15 20 (4.28%) Consultant
16 19 (4.07%) Senior Developer
Libraries, Frameworks & Software Standards
1 37 (7.92%) XML
2 29 (6.21%) FIX Protocol
3 28 (6.00%) Spring
4 27 (5.78%) .NET
5 22 (4.71%) JSON
6 18 (3.85%) HTML
7 13 (2.78%) Hibernate
7 13 (2.78%) SOAP
8 11 (2.36%) HTML5
9 10 (2.14%) Protocol Buffers
10 9 (1.93%) Akka
10 9 (1.93%) Kafka
10 9 (1.93%) Spring Boot
10 9 (1.93%) Zuul
11 7 (1.50%) AngularJS
12 6 (1.28%) React
12 6 (1.28%) REST
13 5 (1.07%) .NET Framework
13 5 (1.07%) Redux
13 5 (1.07%) WPF
Miscellaneous
1 115 (24.63%) Derivative
2 76 (16.27%) Analytical Skills
3 66 (14.13%) Fixed Income
4 58 (12.42%) Equities
4 58 (12.42%) Foreign Exchange (FX)
5 49 (10.49%) Reference Data
6 48 (10.28%) Fintech
7 33 (7.07%) Computer Science
8 24 (5.14%) Credit Risk
9 20 (4.28%) Greenfield Project
9 20 (4.28%) OTC Derivatives
10 12 (2.57%) Data Structures
10 12 (2.57%) Exotic Derivative
10 12 (2.57%) PMI
11 11 (2.36%) Hedge funds
11 11 (2.36%) Market Risk
12 10 (2.14%) Algorithms
12 10 (2.14%) Equity Derivative
13 7 (1.50%) Virtual Team
14 5 (1.07%) User Experience
Operating Systems
1 22 (4.71%) Unix
2 19 (4.07%) Linux
3 7 (1.50%) Windows
4 1 (0.21%) Windows Server
Processes & Methodologies
1 183 (39.19%) Business Analysis
2 112 (23.98%) Agile Software Development
3 111 (23.77%) Project Management
4 107 (22.91%) Wealth Management
5 98 (20.99%) Asset Management
6 87 (18.63%) Stakeholder Management
7 78 (16.70%) SDLC
8 67 (14.35%) Client Onboarding
8 67 (14.35%) KYC
9 60 (12.85%) Scrum
10 50 (10.71%) Data Modelling
11 46 (9.85%) Investment Management
12 45 (9.64%) Data Analysis
13 39 (8.35%) Anti-Money Laundering
14 38 (8.14%) Workflow
15 33 (7.07%) GAP Analysis
16 31 (6.64%) PRINCE2
16 31 (6.64%) Waterfall
17 29 (6.21%) Risk Management
18 28 (6.00%) Mentoring
Programming Languages
1 118 (25.27%) SQL
2 63 (13.49%) Java
3 31 (6.64%) C#
4 20 (4.28%) JavaScript
5 15 (3.21%) Shell Script
6 14 (3.00%) C++
7 11 (2.36%) COBOL
8 8 (1.71%) PL/SQL
8 8 (1.71%) Python
9 6 (1.28%) C
10 5 (1.07%) ES6
10 5 (1.07%) MATLAB
10 5 (1.07%) R
10 5 (1.07%) TypeScript
11 4 (0.86%) Perl
12 3 (0.64%) VB
13 2 (0.43%) Scala
13 2 (0.43%) VBA
14 1 (0.21%) T-SQL
Qualifications
1 83 (17.77%) Degree
2 17 (3.64%) PMI Certification
3 13 (2.78%) PMP
4 7 (1.50%) CFA
4 7 (1.50%) Computer Science Degree
5 6 (1.28%) ISEB
5 6 (1.28%) Master's Degree
6 4 (0.86%) PRINCE2 Practitioner
7 2 (0.43%) Microsoft Certification
7 2 (0.43%) Numerate Degree
7 2 (0.43%) PRINCE2 Certification
8 1 (0.21%) ACCA
8 1 (0.21%) APMP
8 1 (0.21%) ISTQB
Quality Assurance & Compliance
1 137 (29.34%) EMIR
2 121 (25.91%) Dodd-Frank
3 38 (8.14%) QA
4 31 (6.64%) FATCA
5 26 (5.57%) GDPR
6 16 (3.43%) Solvency II
7 15 (3.21%) PMO
8 12 (2.57%) AIFMD
9 9 (1.93%) Data Quality
9 9 (1.93%) IFRS
10 8 (1.71%) UCITS
11 2 (0.43%) Basel III
11 2 (0.43%) CRD IV
12 1 (0.21%) COREP
12 1 (0.21%) FINRA
12 1 (0.21%) FINREP
12 1 (0.21%) IFRS 9
System Software
1 3 (0.64%) Docker
Systems Management
1 2 (0.43%) HP Quality Center
2 1 (0.21%) Ansible
Vendors
1 29 (6.21%) Microsoft
2 25 (5.35%) Charles River
3 21 (4.50%) Murex
4 19 (4.07%) Oracle
5 16 (3.43%) Cognizant
6 15 (3.21%) IBM
6 15 (3.21%) Pega
7 13 (2.78%) Calypso
7 13 (2.78%) Perforce
8 12 (2.57%) Salesforce.com
9 10 (2.14%) GoldenSource
10 9 (1.93%) Fidessa
11 7 (1.50%) FXall
11 7 (1.50%) Reuters
11 7 (1.50%) Sophis
12 6 (1.28%) HP
13 5 (1.07%) Avaloq
13 5 (1.07%) Sybase
14 4 (0.86%) Fixnetix
14 4 (0.86%) SAP