Period
to 19 April 2018

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 April 2018 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK
6 months to
19 Apr 2018
Same period 2017 Same period 2016
Rank 906 738 909
Rank change year-on-year -168 +171 +284
Permanent jobs citing MiFID 291 468 387
As % of all permanent IT jobs advertised in the UK 0.16% 0.27% 0.19%
As % of the Quality Assurance & Compliance category 1.26% 2.24% 1.44%
Number of salaries quoted 198 362 250
UK median annual salary £73,750 £75,000 £72,500
Median salary % change year-on-year -1.67% +3.45% +3.57%
10th Percentile £40,875 £53,750 £47,500
90th Percentile £110,000 £97,500 £110,000
UK excluding London median annual salary £55,000 £57,500 £52,500
% change year-on-year -4.35% +9.52% -1.41%

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 23,047 20,923 26,956
As % of all permanent IT jobs advertised in the UK 13.00% 12.16% 13.15%
Number of salaries quoted 17,901 16,536 21,339
UK median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £28,000 £26,250 £26,250
90th Percentile £80,000 £77,500 £75,000
UK excluding London median annual salary £45,000 £40,000 £42,500
% change year-on-year +12.50% -5.88% +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 April 2018.

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 19 April 2018. 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 -143 275 £75,000 - 31
London -120 257 £75,000 -3.23% 29
UK excluding London -19 34 £55,000 -4.35% 3
Scotland -26 16 £55,000 -8.33% 1
North of England +15 10 £90,000 - 1
North West -10 10 £90,000 - 1
South West -2 6 £72,500 -
Midlands +2 2 £77,500 +31.91%
East Midlands - 2 £77,500 -
South East -33 1 £80,000 +100.00% 1
East of England - 1 - -

For the 6 months to 19 April 2018, 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.

1 200 (68.73%) Finance
2 125 (42.96%) Banking
3 87 (29.90%) Derivative
4 85 (29.21%) SQL
5 84 (28.87%) Fixed Income
6 74 (25.43%) Investment Banking
7 73 (25.09%) Equities
8 68 (23.37%) Degree
8 68 (23.37%) EMIR
9 62 (21.31%) Back Office
10 54 (18.56%) Problem-Solving
11 50 (17.18%) C#
12 49 (16.84%) Foreign Exchange (FX)
12 49 (16.84%) Agile Software Development
13 45 (15.46%) GDPR
14 44 (15.12%) Front Office
14 44 (15.12%) .NET
14 44 (15.12%) Investment Management
15 42 (14.43%) Asset Management
16 41 (14.09%) Business Analysis
16 41 (14.09%) GAP Analysis
16 41 (14.09%) Dodd-Frank
17 40 (13.75%) Analytical Skills
18 34 (11.68%) Fintech
18 34 (11.68%) Java
19 32 (11.00%) Oracle
19 32 (11.00%) FIX Protocol
20 31 (10.65%) Bloomberg
21 30 (10.31%) Microsoft
22 29 (9.97%) Stakeholder 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 11 (3.78%) SAS
2 6 (2.06%) IIS
3 5 (1.72%) Apache Spark
4 2 (0.69%) Apache
5 1 (0.34%) MS Exchange
Applications
1 13 (4.47%) Microsoft Excel
2 6 (2.06%) SPSS
3 2 (0.69%) Microsoft PowerPoint
3 2 (0.69%) MS Visio
Business Applications
1 5 (1.72%) thinkFolio
2 2 (0.69%) ION MarketView
2 2 (0.69%) Summit
3 1 (0.34%) Bloomberg AIM
3 1 (0.34%) Eikon
3 1 (0.34%) Endur
3 1 (0.34%) FINCAD Analytics
3 1 (0.34%) LatentZero
Cloud Services
1 7 (2.41%) Slack
2 6 (2.06%) Microsoft Azure
3 5 (1.72%) Amazon AWS
4 3 (1.03%) SaaS
5 2 (0.69%) Cortana Intelligence Suite
5 2 (0.69%) Google Cloud Platform
6 1 (0.34%) IaaS
6 1 (0.34%) Office 365
6 1 (0.34%) PaaS
Communications & Networking
1 10 (3.44%) HTTP
2 5 (1.72%) Firewall
2 5 (1.72%) Internet
3 2 (0.69%) NAS
3 2 (0.69%) Network Security
3 2 (0.69%) SAN
4 1 (0.34%) FIX Connectivity
4 1 (0.34%) FTP
Database & Business Intelligence
1 28 (9.62%) SQL Server
2 23 (7.90%) SQL Server Reporting Services
3 19 (6.53%) SQL Server Integration Services
4 15 (5.15%) Big Data
5 11 (3.78%) QlikView
6 9 (3.09%) Blockchain
7 8 (2.75%) SQL Server 2014
8 6 (2.06%) MongoDB
8 6 (2.06%) Spotfire
9 5 (1.72%) Hadoop
10 4 (1.37%) Apache Hive
10 4 (1.37%) Power BI
11 3 (1.03%) Data Warehouse
11 3 (1.03%) Relational Database
12 2 (0.69%) Apache Cassandra
12 2 (0.69%) DB2
12 2 (0.69%) HBase
12 2 (0.69%) Neo4j
12 2 (0.69%) SQL Server 2012
12 2 (0.69%) Star Schema
Development Applications
1 12 (4.12%) Selenium
2 11 (3.78%) TeamCity
3 6 (2.06%) Team Foundation Server
4 5 (1.72%) Cucumber
5 4 (1.37%) Git (software)
6 3 (1.03%) Hudson
6 3 (1.03%) JBehave
6 3 (1.03%) Jenkins
6 3 (1.03%) Maven
7 2 (0.69%) Ant
7 2 (0.69%) FitNesse
7 2 (0.69%) Gradle
7 2 (0.69%) SpecFlow
8 1 (0.34%) JIRA
8 1 (0.34%) JUnit
General
1 200 (68.73%) Finance
2 125 (42.96%) Banking
3 74 (25.43%) Investment Banking
4 62 (21.31%) Back Office
5 44 (15.12%) Front Office
6 28 (9.62%) Legal
7 13 (4.47%) Advertising
8 6 (2.06%) Financial Institution
8 6 (2.06%) Retail Banking
9 3 (1.03%) Private Banking
10 2 (0.69%) Corporate Banking
10 2 (0.69%) Games
11 1 (0.34%) Billing
11 1 (0.34%) German Language
11 1 (0.34%) Publishing
11 1 (0.34%) Retail
Job Titles
1 136 (46.74%) Analyst
2 94 (32.30%) Business Analyst
3 44 (15.12%) Banking Analyst
3 44 (15.12%) Developer
4 39 (13.40%) Investment Banking Business Analyst
5 26 (8.93%) Project Manager
6 18 (6.19%) IT Analyst
7 17 (5.84%) C# Developer
8 16 (5.50%) Java Developer
9 15 (5.15%) .NET Developer
10 13 (4.47%) Asset Management Analyst
10 13 (4.47%) MiFID Business Analyst
11 11 (3.78%) .NET Software Engineer
11 11 (3.78%) C# Software Engineer
11 11 (3.78%) Software Engineer
12 10 (3.44%) C# .NET Developer
12 10 (3.44%) SQL Developer
12 10 (3.44%) Test Analyst
13 9 (3.09%) Data Analyst
13 9 (3.09%) Report Analyst
Libraries, Frameworks & Software Standards
1 44 (15.12%) .NET
2 32 (11.00%) FIX Protocol
3 17 (5.84%) WCF
4 15 (5.15%) AngularJS
5 13 (4.47%) .NET Framework
5 13 (4.47%) JSON
6 12 (4.12%) REST
7 11 (3.78%) Entity Framework
7 11 (3.78%) Web Services
7 11 (3.78%) XML
8 10 (3.44%) jQuery
8 10 (3.44%) KnockoutJS
9 9 (3.09%) ASP.NET
9 9 (3.09%) HTML
10 7 (2.41%) ASP.NET MVC
11 6 (2.06%) Kafka
11 6 (2.06%) QuickFIX
12 5 (1.72%) CSS
12 5 (1.72%) CSS3
12 5 (1.72%) HTML5
Miscellaneous
1 87 (29.90%) Derivative
2 84 (28.87%) Fixed Income
3 73 (25.09%) Equities
4 49 (16.84%) Foreign Exchange (FX)
5 40 (13.75%) Analytical Skills
6 34 (11.68%) Fintech
7 29 (9.97%) Virtual Team
8 17 (5.84%) Management Information System
9 16 (5.50%) Hedge funds
9 16 (5.50%) Market Risk
10 15 (5.15%) Credit Risk
11 13 (4.47%) Greenfield Project
12 12 (4.12%) Computer Science
12 12 (4.12%) OTC Derivatives
13 7 (2.41%) Equity Derivative
13 7 (2.41%) Reference Data
14 5 (1.72%) Analytical Mindset
14 5 (1.72%) Exotic Derivative
14 5 (1.72%) PMI
15 4 (1.37%) Cyberthreat
Operating Systems
1 21 (7.22%) Windows
2 10 (3.44%) Linux
3 8 (2.75%) Unix
4 7 (2.41%) Windows Server
5 3 (1.03%) Android
5 3 (1.03%) Apple iOS
Processes & Methodologies
1 54 (18.56%) Problem-Solving
2 49 (16.84%) Agile Software Development
3 44 (15.12%) Investment Management
4 42 (14.43%) Asset Management
5 41 (14.09%) Business Analysis
5 41 (14.09%) GAP Analysis
6 29 (9.97%) Stakeholder Management
7 28 (9.62%) Wealth Management
8 27 (9.28%) Validation
9 25 (8.59%) Risk Management
10 23 (7.90%) Test Automation
11 21 (7.22%) Project Management
12 20 (6.87%) Anti-Money Laundering
12 20 (6.87%) CRM
12 20 (6.87%) OO
13 19 (6.53%) Continuous Integration
13 19 (6.53%) Electronic Trading
14 18 (6.19%) Analytics
14 18 (6.19%) Decision-Making
14 18 (6.19%) SDLC
Programming Languages
1 85 (29.21%) SQL
2 50 (17.18%) C#
3 34 (11.68%) Java
4 20 (6.87%) C++
4 20 (6.87%) JavaScript
5 16 (5.50%) R
6 14 (4.81%) PL/SQL
6 14 (4.81%) Python
7 11 (3.78%) MATLAB
8 7 (2.41%) VB.NET
9 5 (1.72%) VBA
10 4 (1.37%) Perl
10 4 (1.37%) Ruby
11 3 (1.03%) C
11 3 (1.03%) Shell Script
11 3 (1.03%) T-SQL
12 2 (0.69%) Java 8
12 2 (0.69%) TypeScript
13 1 (0.34%) Groovy
13 1 (0.34%) Scala
Qualifications
1 68 (23.37%) Degree
2 14 (4.81%) Master's Degree
3 12 (4.12%) ISEB
4 11 (3.78%) CISSP
5 10 (3.44%) ISTQB Foundation Certification
6 8 (2.75%) CISA
6 8 (2.75%) CISM
7 7 (2.41%) CFA
7 7 (2.41%) PhD
7 7 (2.41%) PMI Certification
8 4 (1.37%) Computer Science Degree
8 4 (1.37%) GIAC
8 4 (1.37%) SANS
9 3 (1.03%) (ISC)2 CCSP
9 3 (1.03%) CCSP
9 3 (1.03%) CIMA
9 3 (1.03%) Cisco Certification
9 3 (1.03%) CompTIA Security+
9 3 (1.03%) PMP
9 3 (1.03%) Security Cleared
Quality Assurance & Compliance
1 68 (23.37%) EMIR
2 45 (15.46%) GDPR
3 41 (14.09%) Dodd-Frank
4 16 (5.50%) QA
5 11 (3.78%) Data Quality
6 10 (3.44%) FATCA
7 8 (2.75%) ISO/IEC 27001
8 6 (2.06%) CRD IV
9 5 (1.72%) Solvency II
10 4 (1.37%) PCI DSS
11 3 (1.03%) FINREP
12 2 (0.69%) AIFMD
12 2 (0.69%) IFRS
12 2 (0.69%) IFRS 9
12 2 (0.69%) PMO
12 2 (0.69%) SLA
System Software
1 1 (0.34%) Active Directory
1 1 (0.34%) HDFS
1 1 (0.34%) Hyper-V
1 1 (0.34%) VMware Infrastructure
Systems Management
1 4 (1.37%) Single Sign-On
Vendors
1 32 (11.00%) Oracle
2 31 (10.65%) Bloomberg
3 30 (10.31%) Microsoft
4 12 (4.12%) Tableau
5 11 (3.78%) Fidessa
6 10 (3.44%) Sybase
7 5 (1.72%) Google
7 5 (1.72%) ION Trading
8 4 (1.37%) Reuters
9 3 (1.03%) Charles River
9 3 (1.03%) Cisco
9 3 (1.03%) Murex
10 2 (0.69%) Apple
10 2 (0.69%) Cognizant
10 2 (0.69%) IBM
10 2 (0.69%) Misys
10 2 (0.69%) Perforce
10 2 (0.69%) Salesforce.com
10 2 (0.69%) Splunk
10 2 (0.69%) TIBCO