Period
to 24 May 2019

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 24 May 2019 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK
6 months to
24 May 2019
Same period 2018 Same period 2017
Rank 885 884 704
Rank change year-on-year -1 -180 +234
Permanent jobs citing MiFID 207 298 476
As % of all permanent IT jobs advertised in the UK 0.14% 0.17% 0.28%
As % of the Quality Assurance & Compliance category 1.03% 1.35% 2.34%
Number of salaries quoted 135 206 334
UK median annual salary £70,000 £75,000 £75,000
Median salary % change year-on-year -6.67% - +7.14%
10th Percentile £55,000 £45,000 £53,750
90th Percentile £95,000 £112,500 £100,000
UK excluding London median annual salary £53,750 £55,000 £60,000
% change year-on-year -2.27% -8.33% -14.29%

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 20,123 22,073 20,306
As % of all permanent IT jobs advertised in the UK 13.86% 12.80% 11.99%
Number of salaries quoted 14,593 16,983 15,885
UK median annual salary £50,000 £50,000 £47,500
Median salary % change year-on-year - +5.26% -
10th Percentile £27,500 £28,000 £26,250
90th Percentile £82,500 £80,000 £77,500
UK excluding London median annual salary £45,000 £45,000 £40,000
% change year-on-year - +12.50% -5.88%

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 24 May 2019.

Salary histogram for MiFID in the UK

MiFID
Top 6 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 24 May 2019. 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 +2 207 £70,000 -12.50% 3
London +16 205 £70,000 -12.50% 1
UK excluding London +37 2 £53,750 -2.27% 2
South West +25 1 £55,000 -38.89%
North of England +22 1 £52,500 -2.33%
Yorkshire - 1 £52,500 -

For the 6 months to 24 May 2019, IT jobs citing MiFID 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 MiFID.

1 104 (50.24%) EMIR
2 98 (47.34%) Agile Software Development
3 85 (41.06%) Finance
4 71 (34.30%) Banking
4 71 (34.30%) QA
5 67 (32.37%) Change Management
6 63 (30.43%) Degree
7 59 (28.50%) Scaled Agile Framework
8 58 (28.02%) Dodd-Frank
9 55 (26.57%) Scrum
10 53 (25.60%) Asset Management
11 49 (23.67%) Business Analysis
11 49 (23.67%) Problem-Solving
12 48 (23.19%) Front Office
13 44 (21.26%) Java
14 43 (20.77%) SQL
15 41 (19.81%) C#
15 41 (19.81%) Wealth Management
16 38 (18.36%) Equities
16 38 (18.36%) Information Security
17 37 (17.87%) GDPR
18 36 (17.39%) Software Engineering
19 35 (16.91%) User Stories
19 35 (16.91%) Management Information System
20 34 (16.43%) Economics
20 34 (16.43%) Computer Science
21 33 (15.94%) Temenos T24
21 33 (15.94%) Mobile App
21 33 (15.94%) Epics
22 32 (15.46%) Portfolio Management

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 (3.38%) Elasticsearch
2 6 (2.90%) Confluence
3 5 (2.42%) IIS
4 3 (1.45%) Apache Spark
Applications
1 1 (0.48%) Microsoft Excel
1 1 (0.48%) Microsoft Office
1 1 (0.48%) Spreadsheet
Business Applications
1 33 (15.94%) Temenos T24
2 3 (1.45%) Endur
Cloud Services
1 11 (5.31%) Amazon AWS
2 10 (4.83%) Microsoft Azure
3 6 (2.90%) Cloud Computing
4 4 (1.93%) npm
4 4 (1.93%) NuGet
5 3 (1.45%) Amazon EMR
5 3 (1.45%) Amazon S3
5 3 (1.45%) AWS Data Pipeline
5 3 (1.45%) AWS Lambda
6 2 (0.97%) OpenShift
Communications & Networking
1 10 (4.83%) HTTP
2 4 (1.93%) Firewall
2 4 (1.93%) Internet
Database & Business Intelligence
1 15 (7.25%) SQL Server
2 11 (5.31%) Big Data
3 9 (4.35%) Hadoop
4 7 (3.38%) Data Warehouse
4 7 (3.38%) NoSQL
5 6 (2.90%) Relational Database
6 4 (1.93%) Apache Cassandra
6 4 (1.93%) Apache Hive
6 4 (1.93%) DataStax
7 3 (1.45%) Amazon DynamoDB
7 3 (1.45%) Amazon Redshift
7 3 (1.45%) Apache Zeppelin
7 3 (1.45%) Spark SQL
8 2 (0.97%) MongoDB
8 2 (0.97%) Oracle Database
8 2 (0.97%) Star Schema
9 1 (0.48%) Blockchain
9 1 (0.48%) Pentaho
9 1 (0.48%) QlikView
9 1 (0.48%) Spotfire
Development Applications
1 16 (7.73%) Git (software)
2 15 (7.25%) Selenium
3 10 (4.83%) JIRA
4 8 (3.86%) Cucumber
5 6 (2.90%) Team Foundation Server
6 5 (2.42%) Jenkins
7 4 (1.93%) Maven
7 4 (1.93%) webpack
8 2 (0.97%) Hudson
8 2 (0.97%) Jasmine
8 2 (0.97%) JUnit
8 2 (0.97%) Karma Test Runner
8 2 (0.97%) Mockito
8 2 (0.97%) TeamCity
General
1 85 (41.06%) Finance
2 71 (34.30%) Banking
3 48 (23.19%) Front Office
4 31 (14.98%) Games
5 16 (7.73%) Investment Banking
6 12 (5.80%) Advertising
7 9 (4.35%) Legal
8 7 (3.38%) Back Office
9 1 (0.48%) International Banking
9 1 (0.48%) Wholesale Banking
Job Titles
1 117 (56.52%) Analyst
2 79 (38.16%) Business Analyst
3 53 (25.60%) Developer
4 44 (21.26%) Regulatory Business Analyst
5 28 (13.53%) Java Developer
6 22 (10.63%) MiFID Business Analyst
7 21 (10.14%) Change Analyst
8 17 (8.21%) Senior Analyst
8 17 (8.21%) Senior Business Analyst
9 15 (7.25%) Change Management Business Analyst
10 11 (5.31%) Full Stack Developer
11 10 (4.83%) Scrum Master
11 10 (4.83%) Senior Developer
12 9 (4.35%) C# Developer
12 9 (4.35%) Qualitative Analyst
12 9 (4.35%) Quantitative Analyst
13 8 (3.86%) Asset Management Analyst
13 8 (3.86%) Asset Management Business Analyst
13 8 (3.86%) Investment Management Business Analyst
13 8 (3.86%) Senior Scrum Master
Libraries, Frameworks & Software Standards
1 23 (11.11%) HTML
2 13 (6.28%) .NET
3 12 (5.80%) AngularJS
4 10 (4.83%) CSS
4 10 (4.83%) React
5 9 (4.35%) Middleware
5 9 (4.35%) OAuth
5 9 (4.35%) Spring
5 9 (4.35%) Vue.js
6 7 (3.38%) HTML5
6 7 (3.38%) JSON
7 5 (2.42%) ASP.NET
8 4 (1.93%) ASP.NET Core
8 4 (1.93%) CSS3
8 4 (1.93%) Elastic Stack
8 4 (1.93%) Kafka
8 4 (1.93%) REST
9 3 (1.45%) Boost C++ Libraries
9 3 (1.45%) RESTful
9 3 (1.45%) STL
Miscellaneous
1 38 (18.36%) Equities
2 35 (16.91%) Management Information System
3 33 (15.94%) Mobile App
4 29 (14.01%) ASIC
5 26 (12.56%) Derivative
6 24 (11.59%) Fixed Income
7 19 (9.18%) Foreign Exchange (FX)
8 15 (7.25%) Credit Risk
9 12 (5.80%) Market Risk
10 9 (4.35%) Exotic Derivative
11 8 (3.86%) Analytical Skills
12 5 (2.42%) User Experience
13 4 (1.93%) Hedge funds
14 3 (1.45%) Fintech
15 2 (0.97%) OTC Derivatives
16 1 (0.48%) Algorithms
16 1 (0.48%) Data Protection Act
16 1 (0.48%) Data Structures
16 1 (0.48%) Greenfield Project
16 1 (0.48%) Self-Motivation
Operating Systems
1 18 (8.70%) Windows
2 16 (7.73%) Linux
3 7 (3.38%) Windows Server
4 1 (0.48%) Unix
Processes & Methodologies
1 98 (47.34%) Agile Software Development
2 67 (32.37%) Change Management
3 59 (28.50%) Scaled Agile Framework
4 55 (26.57%) Scrum
5 53 (25.60%) Asset Management
6 49 (23.67%) Business Analysis
6 49 (23.67%) Problem-Solving
7 41 (19.81%) Wealth Management
8 38 (18.36%) Information Security
9 36 (17.39%) Software Engineering
10 35 (16.91%) User Stories
11 34 (16.43%) Computer Science
11 34 (16.43%) Economics
12 33 (15.94%) Epics
13 32 (15.46%) GAP Analysis
13 32 (15.46%) Portfolio Management
14 31 (14.98%) Continuous Improvement
14 31 (14.98%) Decision-Making
15 28 (13.53%) Programme Delivery
16 26 (12.56%) Investment Management
Programming Languages
1 44 (21.26%) Java
2 43 (20.77%) SQL
3 41 (19.81%) C#
4 17 (8.21%) JavaScript
4 17 (8.21%) Python
5 13 (6.28%) C++
6 10 (4.83%) R
7 9 (4.35%) MATLAB
7 9 (4.35%) PL/SQL
8 7 (3.38%) C
9 6 (2.90%) T-SQL
10 4 (1.93%) Scala
11 1 (0.48%) VBA
Qualifications
1 63 (30.43%) Degree
2 9 (4.35%) Master's Degree
2 9 (4.35%) PhD
3 7 (3.38%) CISA
3 7 (3.38%) CISSP
4 4 (1.93%) (ISC)2 CCSP
4 4 (1.93%) CCSP
4 4 (1.93%) Cisco Certification
4 4 (1.93%) CompTIA Security+
5 3 (1.45%) CFA
5 3 (1.45%) CISM
5 3 (1.45%) ISEB
5 3 (1.45%) PMI Certification
5 3 (1.45%) PMP
6 2 (0.97%) PRINCE2 Practitioner
7 1 (0.48%) Computer Science Degree
7 1 (0.48%) PRINCE2 Certification
Quality Assurance & Compliance
1 104 (50.24%) EMIR
2 71 (34.30%) QA
3 58 (28.02%) Dodd-Frank
4 37 (17.87%) GDPR
5 11 (5.31%) FATCA
6 9 (4.35%) Solvency II
7 5 (2.42%) IFRS
8 4 (1.93%) Data Quality
9 3 (1.45%) AIFMD
9 3 (1.45%) Basel II
9 3 (1.45%) COBIT
9 3 (1.45%) ISO 22301
9 3 (1.45%) ISO/IEC 27001
9 3 (1.45%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
10 1 (0.48%) Basel III
10 1 (0.48%) FINRA
10 1 (0.48%) PMO
10 1 (0.48%) PSD2
System Software
1 9 (4.35%) Docker
2 3 (1.45%) Apache ZooKeeper
3 1 (0.48%) Virtual Servers
Systems Management
1 15 (7.25%) Kubernetes
2 6 (2.90%) Marathon
3 4 (1.93%) Hadoop YARN
3 4 (1.93%) Kibana
3 4 (1.93%) logstash
4 3 (1.45%) Ambari
4 3 (1.45%) Ansible
Vendors
1 31 (14.98%) Cadence
2 9 (4.35%) Temenos
3 8 (3.86%) Hortonworks
4 6 (2.90%) Splunk
5 5 (2.42%) Cloudera
6 4 (1.93%) Cisco
6 4 (1.93%) Google
6 4 (1.93%) Informatica
6 4 (1.93%) Murex
6 4 (1.93%) Oracle
6 4 (1.93%) Sophis
7 3 (1.45%) Solace
7 3 (1.45%) TIBCO
8 2 (0.97%) Ab Initio
8 2 (0.97%) Microsoft
9 1 (0.48%) Tableau