Period
to 18 November 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 18 November 2017 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 816 827 971
Rank change year-on-year +11 +144 +267
Permanent jobs citing MiFID 377 412 345
As % of all permanent IT jobs advertised in the UK 0.21% 0.22% 0.16%
As % of the Quality Assurance & Compliance category 1.67% 1.67% 1.23%
Number of salaries quoted 215 335 302
UK median annual salary £72,500 £75,000 £72,500
Median salary % change year-on-year -3.33% +3.45% -3.33%
10th Percentile £50,250 £53,300 £50,000
90th Percentile £95,000 £102,500 £107,500
UK excluding London median annual salary £58,750 £55,000 £45,000
% change year-on-year +6.82% +22.22% -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 22612 24627 28139
As % of all permanent IT jobs advertised in the UK 12.64% 12.97% 12.85%
Number of salaries quoted 16929 19480 22253
UK median annual salary £50,000 £49,000 £46,000
Median salary % change year-on-year +2.04% +6.52% +2.22%
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 £41,500
% change year-on-year - +2.41% +3.75%

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 18 November 2017.

Salary histogram for MiFID in the UK

MiFID
Top 11 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 18 November 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 +8 371 £75,000 - 15
London -5 362 £75,000 - 15
UK excluding London +39 15 £58,750 +6.82% 1
Scotland -13 6 £60,000 +21.83% 1
Midlands +26 3 £77,500 +63.16%
North of England +9 3 £47,500 -
South West -9 3 £43,750 -
North West -17 3 £47,500 -
East Midlands +39 2 £77,500 +63.16%
South East +17 1 £80,000 +23.08%
West Midlands - 1 - -

For the 6 months to 18 November 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.

1 263 (69.76%) Finance
2 206 (54.64%) Banking
3 145 (38.46%) Investment Banking
4 143 (37.93%) EMIR
5 141 (37.40%) Business Analysis
6 116 (30.77%) Derivative
7 104 (27.59%) Dodd-Frank
8 99 (26.26%) Project Management
9 94 (24.93%) Agile Software Development
9 94 (24.93%) Asset Management
10 90 (23.87%) SQL
11 87 (23.08%) Wealth Management
12 84 (22.28%) Front Office
13 77 (20.42%) Analytical Skills
14 70 (18.57%) Degree
14 70 (18.57%) Equities
15 68 (18.04%) SDLC
16 63 (16.71%) Stakeholder Management
16 63 (16.71%) Fixed Income
17 60 (15.92%) Foreign Exchange (FX)
18 59 (15.65%) Microsoft Excel
19 57 (15.12%) Client Onboarding
20 55 (14.59%) KYC
20 55 (14.59%) Retail Banking
21 54 (14.32%) Data Modelling
22 51 (13.53%) Reference Data
23 50 (13.26%) Back Office
24 48 (12.73%) Data Analysis
24 48 (12.73%) C#
25 47 (12.47%) Microsoft PowerPoint

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 8 (2.12%) SAS
2 6 (1.59%) IIS
3 5 (1.33%) SharePoint
4 4 (1.06%) Apache
4 4 (1.06%) Confluence
4 4 (1.06%) Tomcat
5 2 (0.53%) Apache Spark
5 2 (0.53%) JBoss
6 1 (0.27%) MS Exchange
6 1 (0.27%) Oracle Workflow
Applications
1 59 (15.65%) Microsoft Excel
2 47 (12.47%) Microsoft PowerPoint
3 8 (2.12%) MS Visio
3 8 (2.12%) SPSS
4 7 (1.86%) Microsoft Project
5 1 (0.27%) Microsoft Office
Business Applications
1 8 (2.12%) thinkFolio
2 6 (1.59%) Eagle PACE
2 6 (1.59%) LatentZero
2 6 (1.59%) Markit EDM
3 5 (1.33%) Minerva
4 4 (1.06%) ION MarketView
4 4 (1.06%) Oracle TCA
5 3 (0.80%) Dynamics CRM
6 2 (0.53%) Endur
6 2 (0.53%) Summit
7 1 (0.27%) Bloomberg AIM
7 1 (0.27%) Bloomberg TOMS
7 1 (0.27%) Eikon
7 1 (0.27%) Oracle Payables
7 1 (0.27%) Oracle Receivables
Cloud Services
1 3 (0.80%) SaaS
2 2 (0.53%) Google Cloud Platform
2 2 (0.53%) npm
2 2 (0.53%) Yarn
3 1 (0.27%) Amazon AWS
3 1 (0.27%) IBM Blueworks
3 1 (0.27%) Microsoft Azure
3 1 (0.27%) Office 365
3 1 (0.27%) Slack
Communications & Networking
1 5 (1.33%) TCP/IP
2 4 (1.06%) Firewall
2 4 (1.06%) NAS
2 4 (1.06%) SAN
3 2 (0.53%) FTP
4 1 (0.27%) VoIP
Database & Business Intelligence
1 21 (5.57%) SQL Server
2 16 (4.24%) Big Data
3 11 (2.92%) SQL Server Integration Services
3 11 (2.92%) SQL Server Reporting Services
4 9 (2.39%) Blockchain
5 8 (2.12%) QlikView
5 8 (2.12%) Spotfire
5 8 (2.12%) SQL Server 2014
6 6 (1.59%) Relational Database
7 5 (1.33%) RDBMS
8 4 (1.06%) MariaDB
9 3 (0.80%) DB2
9 3 (0.80%) MongoDB
9 3 (0.80%) MySQL
9 3 (0.80%) SQL Server Analysis Services
10 2 (0.53%) Flink
10 2 (0.53%) Hadoop
10 2 (0.53%) Oracle Database
11 1 (0.27%) NoSQL
11 1 (0.27%) SQL Server 2008
Development Applications
1 14 (3.71%) JIRA
2 10 (2.65%) Git (software)
2 10 (2.65%) JUnit
3 9 (2.39%) Jenkins
4 8 (2.12%) Maven
5 7 (1.86%) TeamCity
6 6 (1.59%) Cucumber
6 6 (1.59%) Team Foundation Server
7 5 (1.33%) Hudson
8 4 (1.06%) Selenium
9 3 (0.80%) SpecFlow
10 2 (0.53%) JBehave
11 1 (0.27%) Ant
11 1 (0.27%) Concordion
11 1 (0.27%) Gradle
11 1 (0.27%) Mockito
11 1 (0.27%) Subversion
General
1 263 (69.76%) Finance
2 206 (54.64%) Banking
3 145 (38.46%) Investment Banking
4 84 (22.28%) Front Office
5 55 (14.59%) Retail Banking
6 50 (13.26%) Back Office
7 21 (5.57%) Legal
8 17 (4.51%) Advertising
8 17 (4.51%) Financial Institution
9 14 (3.71%) Corporate Banking
10 6 (1.59%) Private Banking
10 6 (1.59%) Retail
11 5 (1.33%) International Banking
12 4 (1.06%) Games
13 2 (0.53%) Law
14 1 (0.27%) Billing
Job Titles
1 204 (54.11%) Analyst
2 179 (47.48%) Business Analyst
3 55 (14.59%) Banking Analyst
4 53 (14.06%) Project Manager
5 49 (13.00%) Business IT Analyst
5 49 (13.00%) IT Analyst
5 49 (13.00%) IT Business Analyst
6 46 (12.20%) MiFID Business Analyst
7 45 (11.94%) Developer
8 42 (11.14%) Change Analyst
9 41 (10.88%) Operations Analyst
10 36 (9.55%) Operations Business Analyst
11 35 (9.28%) IT Operations Analyst
12 31 (8.22%) Investment Banking Business Analyst
13 22 (5.84%) Java Developer
14 21 (5.57%) Financial Analyst
14 21 (5.57%) Regulatory Business Analyst
15 19 (5.04%) .NET Software Engineer
15 19 (5.04%) Banking Business Analyst
15 19 (5.04%) Finance Business Analyst
Libraries, Frameworks & Software Standards
1 36 (9.55%) .NET
2 25 (6.63%) FIX Protocol
3 17 (4.51%) XML
4 13 (3.45%) HTML
5 11 (2.92%) Kafka
6 10 (2.65%) AngularJS
6 10 (2.65%) Spring
7 7 (1.86%) Hibernate
8 6 (1.59%) Akka
8 6 (1.59%) ASP.NET
8 6 (1.59%) ASP.NET MVC
8 6 (1.59%) QuickFIX
8 6 (1.59%) Twitter Bootstrap
8 6 (1.59%) WCF
8 6 (1.59%) WinForms
9 5 (1.33%) Angular 2
9 5 (1.33%) JSON
9 5 (1.33%) Redux
10 4 (1.06%) ASP.NET Web Forms
10 4 (1.06%) FpML
Miscellaneous
1 116 (30.77%) Derivative
2 77 (20.42%) Analytical Skills
3 70 (18.57%) Equities
4 63 (16.71%) Fixed Income
5 60 (15.92%) Foreign Exchange (FX)
6 51 (13.53%) Reference Data
7 38 (10.08%) Fintech
8 25 (6.63%) Greenfield Project
9 22 (5.84%) Computer Science
10 17 (4.51%) Virtual Team
11 14 (3.71%) Credit Risk
11 14 (3.71%) Market Risk
11 14 (3.71%) OTC Derivatives
12 11 (2.92%) Exotic Derivative
12 11 (2.92%) Management Information System
13 9 (2.39%) Equity Derivative
13 9 (2.39%) Hedge funds
14 6 (1.59%) PMI
14 6 (1.59%) Wiki
15 5 (1.33%) Data Structures
Operating Systems
1 10 (2.65%) Windows
2 9 (2.39%) Linux
3 8 (2.12%) Windows Server
4 6 (1.59%) Unix
Processes & Methodologies
1 141 (37.40%) Business Analysis
2 99 (26.26%) Project Management
3 94 (24.93%) Agile Software Development
3 94 (24.93%) Asset Management
4 87 (23.08%) Wealth Management
5 68 (18.04%) SDLC
6 63 (16.71%) Stakeholder Management
7 57 (15.12%) Client Onboarding
8 55 (14.59%) KYC
9 54 (14.32%) Data Modelling
10 48 (12.73%) Data Analysis
11 45 (11.94%) Investment Management
12 39 (10.34%) GAP Analysis
13 36 (9.55%) Risk Management
14 35 (9.28%) Scrum
15 34 (9.02%) PRINCE2
16 25 (6.63%) Validation
17 23 (6.10%) Anti-Money Laundering
17 23 (6.10%) Software Engineering
18 21 (5.57%) Change Management
Programming Languages
1 90 (23.87%) SQL
2 48 (12.73%) C#
3 37 (9.81%) Java
4 20 (5.31%) C++
5 18 (4.77%) JavaScript
6 11 (2.92%) MATLAB
6 11 (2.92%) R
7 6 (1.59%) C
7 6 (1.59%) COBOL
7 6 (1.59%) PL/SQL
8 4 (1.06%) TypeScript
8 4 (1.06%) VBA
9 3 (0.80%) VB
10 2 (0.53%) ES6
10 2 (0.53%) Perl
10 2 (0.53%) Python
10 2 (0.53%) Scala
11 1 (0.27%) Shell Script
11 1 (0.27%) VB.NET
Qualifications
1 70 (18.57%) Degree
2 9 (2.39%) PMI Certification
2 9 (2.39%) PMP
3 8 (2.12%) Master's Degree
4 5 (1.33%) CFA
4 5 (1.33%) Computer Science Degree
4 5 (1.33%) PRINCE2 Certification
5 4 (1.06%) ISEB
6 2 (0.53%) PhD
6 2 (0.53%) PRINCE2 Practitioner
7 1 (0.27%) ISTQB
7 1 (0.27%) Security Cleared
Quality Assurance & Compliance
1 143 (37.93%) EMIR
2 104 (27.59%) Dodd-Frank
3 32 (8.49%) QA
4 28 (7.43%) GDPR
5 27 (7.16%) FATCA
6 13 (3.45%) Data Quality
7 11 (2.92%) AIFMD
8 8 (2.12%) CRD IV
8 8 (2.12%) Solvency II
9 7 (1.86%) UCITS
10 6 (1.59%) PMO
11 5 (1.33%) IFRS
12 2 (0.53%) Basel III
12 2 (0.53%) FINRA
12 2 (0.53%) SLA
System Software
1 1 (0.27%) Active Directory
1 1 (0.27%) Docker
1 1 (0.27%) HDFS
1 1 (0.27%) Hyper-V
1 1 (0.27%) VMware Infrastructure
Systems Management
1 1 (0.27%) Ansible
1 1 (0.27%) HP Quality Center
Vendors
1 28 (7.43%) Microsoft
2 20 (5.31%) Charles River
3 13 (3.45%) Oracle
4 12 (3.18%) Bloomberg
4 12 (3.18%) Fidessa
4 12 (3.18%) Murex
5 11 (2.92%) Salesforce.com
6 8 (2.12%) Calypso
6 8 (2.12%) Tableau
7 7 (1.86%) GoldenSource
7 7 (1.86%) IBM
7 7 (1.86%) Pega
8 5 (1.33%) HP
9 4 (1.06%) Avaloq
9 4 (1.06%) Fixnetix
9 4 (1.06%) ION Trading
10 3 (0.80%) Google
10 3 (0.80%) Reuters
11 2 (0.53%) Sophis
11 2 (0.53%) TIBCO