Period
to 20 October 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 20 October 2018 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK
6 months to
20 Oct 2018
Same period 2017 Same period 2016
Rank 934 791 860
Rank change year-on-year -143 +69 +168
Permanent jobs citing MiFID 214 414 386
As % of all permanent IT jobs advertised in the UK 0.13% 0.24% 0.20%
As % of the Quality Assurance & Compliance category 1.00% 1.91% 1.55%
Number of salaries quoted 153 229 304
UK median annual salary £82,500 £75,000 £70,000
Median salary % change year-on-year +10.00% +7.14% -3.45%
10th Percentile £50,000 £52,050 £53,000
90th Percentile £120,000 £95,000 £103,375
UK excluding London median annual salary £52,500 £57,500 £58,750
% change year-on-year -8.70% -2.13% +38.24%

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 21,458 21,689 24,949
As % of all permanent IT jobs advertised in the UK 13.13% 12.44% 13.07%
Number of salaries quoted 16,280 16,085 19,703
UK median annual salary £50,000 £50,000 £50,000
10th Percentile £28,000 £27,500 £27,500
90th Percentile £80,000 £77,500 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +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 20 October 2018.

Salary histogram for MiFID in the UK

MiFID
Top 7 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 20 October 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 -156 212 £83,250 +11.00% 21
London -123 207 £84,500 +12.67% 20
UK excluding London +6 5 £52,500 -8.70% 1
North of England +44 4 £52,500 +10.53%
North West +6 4 £52,500 +10.53%
West Midlands +31 1 - -
Midlands +29 1 - -

For the 6 months to 20 October 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.

1 172 (80.37%) Finance
2 79 (36.92%) Banking
3 65 (30.37%) Problem-Solving
4 62 (28.97%) Equities
5 57 (26.64%) Front Office
6 56 (26.17%) C#
6 56 (26.17%) Derivative
7 55 (25.70%) Investment Banking
8 53 (24.77%) Degree
8 53 (24.77%) Foreign Exchange (FX)
8 53 (24.77%) Fixed Income
9 52 (24.30%) EMIR
10 47 (21.96%) Back Office
11 46 (21.50%) Java
12 40 (18.69%) SQL
13 39 (18.22%) Investment Management
14 38 (17.76%) Agile Software Development
15 37 (17.29%) Risk Management
16 35 (16.36%) Analytical Skills
17 34 (15.89%) .NET
18 33 (15.42%) GAP Analysis
19 32 (14.95%) GDPR
20 31 (14.49%) Business Analysis
21 30 (14.02%) Legal
21 30 (14.02%) Linux
22 29 (13.55%) Windows
22 29 (13.55%) Asset Management
23 26 (12.15%) Elastic Stack
24 25 (11.68%) Dodd-Frank
25 23 (10.75%) SQL Server

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 14 (6.54%) Apache Spark
2 13 (6.07%) IIS
3 3 (1.40%) Elasticsearch
4 2 (0.93%) Apache
4 2 (0.93%) WebSphere
Applications
1 12 (5.61%) Microsoft Excel
2 2 (0.93%) Microsoft Office
2 2 (0.93%) Microsoft PowerPoint
2 2 (0.93%) MS Visio
3 1 (0.47%) Microsoft Project
Business Applications
1 9 (4.21%) SunGard GMI
2 2 (0.93%) Markit EDM
2 2 (0.93%) Misys Midas
3 1 (0.47%) Bloomberg AIM
3 1 (0.47%) LatentZero
3 1 (0.47%) thinkFolio
Cloud Services
1 10 (4.67%) Amazon AWS
2 3 (1.40%) Amazon EMR
2 3 (1.40%) Amazon S3
2 3 (1.40%) AWS Data Pipeline
2 3 (1.40%) AWS Lambda
2 3 (1.40%) Google Cloud Platform
3 2 (0.93%) Microsoft Azure
3 2 (0.93%) SaaS
Communications & Networking
1 21 (9.81%) Firewall
1 21 (9.81%) TCP/IP
2 6 (2.80%) HTTP
3 1 (0.47%) Internet
Database & Business Intelligence
1 23 (10.75%) SQL Server
2 22 (10.28%) Big Data
3 17 (7.94%) Hadoop
3 17 (7.94%) SQL Server Reporting Services
4 13 (6.07%) SQL Server Integration Services
5 11 (5.14%) HBase
6 8 (3.74%) Data Warehouse
7 7 (3.27%) MongoDB
8 6 (2.80%) Blockchain
8 6 (2.80%) NoSQL
9 5 (2.34%) Relational Database
10 4 (1.87%) OLAP
11 3 (1.40%) Amazon DynamoDB
11 3 (1.40%) Amazon Redshift
11 3 (1.40%) Apache Cassandra
11 3 (1.40%) Apache Hive
11 3 (1.40%) Apache Zeppelin
11 3 (1.40%) BusinessObjects
11 3 (1.40%) QlikView
11 3 (1.40%) Star Schema
Development Applications
1 19 (8.88%) TeamCity
2 15 (7.01%) Octopus Deploy
3 12 (5.61%) JIRA
4 8 (3.74%) Selenium
4 8 (3.74%) Visual Studio
5 4 (1.87%) Team Foundation Server
6 3 (1.40%) Jenkins
6 3 (1.40%) Maven
6 3 (1.40%) Sonatype Nexus
6 3 (1.40%) Subversion
7 1 (0.47%) CppUnit
7 1 (0.47%) Cucumber
7 1 (0.47%) Git (software)
7 1 (0.47%) Gradle
7 1 (0.47%) Hamcrest
7 1 (0.47%) JUnit
7 1 (0.47%) RSpec
7 1 (0.47%) TestNG
General
1 172 (80.37%) Finance
2 79 (36.92%) Banking
3 57 (26.64%) Front Office
4 55 (25.70%) Investment Banking
5 47 (21.96%) Back Office
6 30 (14.02%) Legal
7 15 (7.01%) Advertising
8 14 (6.54%) Financial Institution
9 5 (2.34%) Publishing
9 5 (2.34%) Telecoms
10 3 (1.40%) Corporate Banking
10 3 (1.40%) Private Banking
11 2 (0.93%) Italian Language
11 2 (0.93%) Portuguese Language
11 2 (0.93%) Romanian Language
11 2 (0.93%) Spanish Language
12 1 (0.47%) Billing
12 1 (0.47%) German Language
12 1 (0.47%) Law
12 1 (0.47%) Retail
Job Titles
1 72 (33.64%) Developer
2 71 (33.18%) Analyst
3 50 (23.36%) Business Analyst
4 24 (11.21%) Banking Analyst
5 23 (10.75%) Investment Banking Business Analyst
6 21 (9.81%) Security Manager
6 21 (9.81%) Security Officer
7 19 (8.88%) Senior Developer
8 14 (6.54%) Regulatory Business Analyst
8 14 (6.54%) SQL Developer
9 13 (6.07%) C# Developer
10 12 (5.61%) .NET Developer
11 11 (5.14%) Report Developer
11 11 (5.14%) Scala Developer
12 10 (4.67%) Project Manager
13 9 (4.21%) Lead Developer
13 9 (4.21%) Report Analyst
14 8 (3.74%) Information Security Officer
14 8 (3.74%) Java Developer
14 8 (3.74%) Team Leader
Libraries, Frameworks & Software Standards
1 34 (15.89%) .NET
2 26 (12.15%) Elastic Stack
3 19 (8.88%) FIX Protocol
3 19 (8.88%) Kafka
4 15 (7.01%) AngularJS
5 12 (5.61%) .NET Framework
6 10 (4.67%) HTML
6 10 (4.67%) HTML5
6 10 (4.67%) Web Services
7 8 (3.74%) JSON
7 8 (3.74%) WCF
8 7 (3.27%) Entity Framework
8 7 (3.27%) jQuery
8 7 (3.27%) KnockoutJS
9 6 (2.80%) Akka
9 6 (2.80%) Akka.NET
9 6 (2.80%) React
10 5 (2.34%) Node.js
10 5 (2.34%) REST
10 5 (2.34%) WPF
Miscellaneous
1 62 (28.97%) Equities
2 56 (26.17%) Derivative
3 53 (24.77%) Fixed Income
3 53 (24.77%) Foreign Exchange (FX)
4 35 (16.36%) Analytical Skills
5 23 (10.75%) Virtual Team
6 22 (10.28%) Market Risk
7 16 (7.48%) Fintech
8 14 (6.54%) Computer Science
9 11 (5.14%) Credit Risk
9 11 (5.14%) Hedge funds
10 10 (4.67%) Cyberthreat
10 10 (4.67%) Management Information System
11 8 (3.74%) Exotic Derivative
11 8 (3.74%) Greenfield Project
12 7 (3.27%) OTC Derivatives
13 5 (2.34%) Data Structures
14 4 (1.87%) Algorithms
15 2 (0.93%) PMI
16 1 (0.47%) ASIC
Operating Systems
1 30 (14.02%) Linux
2 29 (13.55%) Windows
3 4 (1.87%) Unix
Processes & Methodologies
1 65 (30.37%) Problem-Solving
2 39 (18.22%) Investment Management
3 38 (17.76%) Agile Software Development
4 37 (17.29%) Risk Management
5 33 (15.42%) GAP Analysis
6 31 (14.49%) Business Analysis
7 29 (13.55%) Asset Management
8 23 (10.75%) Information Security
9 21 (9.81%) Cybersecurity
9 21 (9.81%) Data Encryption
9 21 (9.81%) Data Loss Prevention
9 21 (9.81%) Data Privacy
9 21 (9.81%) Open Source
9 21 (9.81%) Penetration Testing
9 21 (9.81%) Remediation Plan
9 21 (9.81%) SIEM
9 21 (9.81%) Threat Detection
9 21 (9.81%) Vulnerability Assessment
10 20 (9.35%) Mathematics
10 20 (9.35%) SDLC
Programming Languages
1 56 (26.17%) C#
2 46 (21.50%) Java
3 40 (18.69%) SQL
4 21 (9.81%) C++
5 19 (8.88%) Python
6 17 (7.94%) JavaScript
7 14 (6.54%) Scala
7 14 (6.54%) T-SQL
8 13 (6.07%) PL/SQL
9 12 (5.61%) Ruby
10 10 (4.67%) VBA
11 8 (3.74%) Java 8
11 8 (3.74%) MATLAB
11 8 (3.74%) R
12 4 (1.87%) PowerShell
12 4 (1.87%) Shell Script
13 2 (0.93%) Groovy
13 2 (0.93%) Perl
13 2 (0.93%) Tcl
Qualifications
1 53 (24.77%) Degree
2 23 (10.75%) CISM
2 23 (10.75%) CISSP
3 20 (9.35%) Master's Degree
4 13 (6.07%) Computer Science Degree
5 11 (5.14%) PhD
6 6 (2.80%) PMI Certification
6 6 (2.80%) PMP
7 2 (0.93%) CFA
7 2 (0.93%) ISEB
8 1 (0.47%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 52 (24.30%) EMIR
2 32 (14.95%) GDPR
3 25 (11.68%) Dodd-Frank
4 16 (7.48%) FATCA
5 6 (2.80%) QA
6 4 (1.87%) AIFMD
7 3 (1.40%) FINREP
7 3 (1.40%) Solvency II
8 2 (0.93%) ISO/IEC 27001
8 2 (0.93%) SLA
9 1 (0.47%) Data Quality
System Software
1 21 (9.81%) Snort
2 5 (2.34%) Apache ZooKeeper
2 5 (2.34%) Docker
3 2 (0.93%) LXC
Systems Management
1 21 (9.81%) OSSEC
2 5 (2.34%) Ansible
3 3 (1.40%) Ambari
3 3 (1.40%) Hadoop YARN
3 3 (1.40%) Kibana
3 3 (1.40%) logstash
Vendors
1 23 (10.75%) Microsoft
2 18 (8.41%) Oracle
3 14 (6.54%) Hortonworks
4 12 (5.61%) Fidessa
4 12 (5.61%) FIS
5 9 (4.21%) CQG
5 9 (4.21%) SunGard
6 8 (3.74%) Bloomberg
7 5 (2.34%) Apple
7 5 (2.34%) Google
7 5 (2.34%) Salesforce.com
8 4 (1.87%) Ab Initio
8 4 (1.87%) Informatica
8 4 (1.87%) SmartStream
9 3 (1.40%) Charles River
9 3 (1.40%) Solace
9 3 (1.40%) TIBCO
10 2 (0.93%) Atlassian
10 2 (0.93%) Cognizant
10 2 (0.93%) ION Trading