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

Markets in Financial Instruments Directive (MiFID)
UK
6 months to
20 Jan 2018
Same period 2017 Same period 2016
Rank 851 763 911
Rank change year-on-year -88 +148 +308
Permanent jobs citing MiFID 313 437 389
As % of all permanent IT jobs advertised in the UK 0.18% 0.25% 0.19%
As % of the Quality Assurance & Compliance category 1.42% 1.95% 1.44%
Number of salaries quoted 189 351 291
UK median annual salary £75,000 £75,000 £72,500
Median salary % change year-on-year - +3.45% -6.45%
10th Percentile £44,750 £53,000 £48,750
90th Percentile £102,500 £100,000 £107,500
UK excluding London median annual salary £55,000 £55,000 £52,500
% change year-on-year - +4.76% +5.00%

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 21,983 22,362 27,074
As % of all permanent IT jobs advertised in the UK 12.70% 12.63% 12.97%
Number of salaries quoted 16,974 17,719 21,475
UK median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £27,500 £26,875 £26,746
90th Percentile £80,000 £77,500 £75,000
UK excluding London median annual salary £43,000 £42,500 £42,500
% change year-on-year +1.18% - +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 January 2018.

Salary histogram for MiFID in the UK

MiFID
Top 10 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 January 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 -79 306 £75,000 - 51
London -85 291 £75,000 - 51
UK excluding London +1 22 £55,000 - 1
North of England +11 10 £68,750 -
North West -3 10 £68,750 -
Scotland -47 7 £55,000 +11.68% 1
South West - 4 £47,500 -
East Midlands - 2 £77,500 -
Midlands - 2 £77,500 -
South East +12 1 £80,000 +45.45%

For the 6 months to 20 January 2018, 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.

1 231 (73.80%) Finance
2 152 (48.56%) Banking
3 108 (34.50%) EMIR
4 100 (31.95%) Derivative
5 96 (30.67%) Investment Banking
6 94 (30.03%) Business Analysis
7 86 (27.48%) SQL
8 69 (22.04%) Fixed Income
9 67 (21.41%) Asset Management
9 67 (21.41%) Degree
9 67 (21.41%) Analytical Skills
10 62 (19.81%) Dodd-Frank
11 60 (19.17%) Equities
12 59 (18.85%) Agile Software Development
12 59 (18.85%) Front Office
13 57 (18.21%) Project Management
14 56 (17.89%) C#
15 54 (17.25%) Foreign Exchange (FX)
16 53 (16.93%) Back Office
17 49 (15.65%) Stakeholder Management
18 46 (14.70%) .NET
19 45 (14.38%) Microsoft Excel
20 43 (13.74%) Wealth Management
21 42 (13.42%) GDPR
22 41 (13.10%) Investment Management
23 40 (12.78%) Data Modelling
24 39 (12.46%) GAP Analysis
25 38 (12.14%) SDLC
26 37 (11.82%) KYC
27 35 (11.18%) Microsoft

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 15 (4.79%) SAS
2 9 (2.88%) IIS
3 5 (1.60%) SharePoint
4 3 (0.96%) Apache
4 3 (0.96%) Confluence
5 2 (0.64%) Apache Spark
6 1 (0.32%) JBoss
6 1 (0.32%) MS Exchange
Applications
1 45 (14.38%) Microsoft Excel
2 29 (9.27%) Microsoft PowerPoint
3 13 (4.15%) SPSS
4 5 (1.60%) Microsoft Project
4 5 (1.60%) MS Visio
Business Applications
1 4 (1.28%) ION MarketView
1 4 (1.28%) Oracle TCA
2 3 (0.96%) Dynamics CRM
2 3 (0.96%) thinkFolio
3 2 (0.64%) Summit
4 1 (0.32%) Bloomberg AIM
4 1 (0.32%) Bloomberg TOMS
4 1 (0.32%) Eagle PACE
4 1 (0.32%) Eikon
4 1 (0.32%) Endur
4 1 (0.32%) LatentZero
4 1 (0.32%) Markit EDM
Cloud Services
1 4 (1.28%) Slack
2 2 (0.64%) Amazon AWS
2 2 (0.64%) Google Cloud Platform
2 2 (0.64%) Microsoft Azure
2 2 (0.64%) npm
2 2 (0.64%) Yarn
3 1 (0.32%) Cortana Intelligence Suite
3 1 (0.32%) Office 365
Communications & Networking
1 7 (2.24%) HTTP
2 4 (1.28%) Firewall
2 4 (1.28%) NAS
2 4 (1.28%) SAN
3 1 (0.32%) FTP
3 1 (0.32%) TCP/IP
3 1 (0.32%) VoIP
Database & Business Intelligence
1 27 (8.63%) SQL Server
2 20 (6.39%) SQL Server Reporting Services
3 18 (5.75%) SQL Server Integration Services
4 15 (4.79%) QlikView
5 13 (4.15%) Blockchain
5 13 (4.15%) Spotfire
6 11 (3.51%) SQL Server 2014
7 10 (3.19%) Big Data
8 4 (1.28%) MongoDB
9 2 (0.64%) Flink
9 2 (0.64%) Hadoop
9 2 (0.64%) MySQL
9 2 (0.64%) SQL Server Analysis Services
10 1 (0.32%) Apache Cassandra
10 1 (0.32%) Apache Hive
10 1 (0.32%) HBase
10 1 (0.32%) Neo4j
10 1 (0.32%) NoSQL
10 1 (0.32%) Power BI
Development Applications
1 12 (3.83%) JIRA
2 9 (2.88%) Selenium
2 9 (2.88%) Team Foundation Server
3 8 (2.56%) TeamCity
4 5 (1.60%) Cucumber
4 5 (1.60%) Git (software)
5 4 (1.28%) JBehave
5 4 (1.28%) Jenkins
5 4 (1.28%) Maven
6 3 (0.96%) JUnit
6 3 (0.96%) SpecFlow
7 2 (0.64%) FitNesse
8 1 (0.32%) Hudson
8 1 (0.32%) Subversion
General
1 231 (73.80%) Finance
2 152 (48.56%) Banking
3 96 (30.67%) Investment Banking
4 59 (18.85%) Front Office
5 53 (16.93%) Back Office
6 25 (7.99%) Retail Banking
7 22 (7.03%) Legal
8 15 (4.79%) Advertising
9 13 (4.15%) Corporate Banking
10 11 (3.51%) Financial Institution
11 4 (1.28%) Games
12 2 (0.64%) Law
12 2 (0.64%) Private Banking
12 2 (0.64%) Retail
13 1 (0.32%) Billing
Job Titles
1 142 (45.37%) Analyst
2 111 (35.46%) Business Analyst
3 45 (14.38%) Banking Analyst
4 42 (13.42%) Developer
5 37 (11.82%) Project Manager
6 36 (11.50%) IT Analyst
7 29 (9.27%) Business IT Analyst
7 29 (9.27%) IT Business Analyst
7 29 (9.27%) Operations Analyst
8 28 (8.95%) Investment Banking Business Analyst
9 27 (8.63%) Change Analyst
10 23 (7.35%) MiFID Business Analyst
10 23 (7.35%) Operations Business Analyst
11 22 (7.03%) .NET Software Engineer
11 22 (7.03%) C# Software Engineer
11 22 (7.03%) IT Operations Analyst
11 22 (7.03%) Software Engineer
12 15 (4.79%) .NET Developer
13 14 (4.47%) IT Manager
13 14 (4.47%) Java Developer
Libraries, Frameworks & Software Standards
1 46 (14.70%) .NET
2 22 (7.03%) FIX Protocol
3 13 (4.15%) WCF
4 11 (3.51%) AngularJS
4 11 (3.51%) HTML
4 11 (3.51%) Kafka
4 11 (3.51%) XML
5 9 (2.88%) ASP.NET
5 9 (2.88%) ASP.NET MVC
5 9 (2.88%) QuickFIX
5 9 (2.88%) REST
6 8 (2.56%) JSON
6 8 (2.56%) WinForms
7 7 (2.24%) jQuery
7 7 (2.24%) Web Services
8 5 (1.60%) Akka
8 5 (1.60%) Angular 2
8 5 (1.60%) Entity Framework
8 5 (1.60%) KnockoutJS
8 5 (1.60%) WPF
Miscellaneous
1 100 (31.95%) Derivative
2 69 (22.04%) Fixed Income
3 67 (21.41%) Analytical Skills
4 60 (19.17%) Equities
5 54 (17.25%) Foreign Exchange (FX)
6 34 (10.86%) Fintech
7 31 (9.90%) Reference Data
8 22 (7.03%) Greenfield Project
9 19 (6.07%) Management Information System
9 19 (6.07%) Virtual Team
10 16 (5.11%) OTC Derivatives
11 15 (4.79%) Computer Science
11 15 (4.79%) Credit Risk
11 15 (4.79%) Market Risk
12 12 (3.83%) Analytical Mindset
13 10 (3.19%) Exotic Derivative
14 7 (2.24%) Equity Derivative
14 7 (2.24%) Hedge funds
15 6 (1.92%) PMI
16 4 (1.28%) Wiki
Operating Systems
1 17 (5.43%) Windows
2 11 (3.51%) Windows Server
3 6 (1.92%) Linux
4 4 (1.28%) Unix
5 3 (0.96%) Android
5 3 (0.96%) Apple iOS
Processes & Methodologies
1 94 (30.03%) Business Analysis
2 67 (21.41%) Asset Management
3 59 (18.85%) Agile Software Development
4 57 (18.21%) Project Management
5 49 (15.65%) Stakeholder Management
6 43 (13.74%) Wealth Management
7 41 (13.10%) Investment Management
8 40 (12.78%) Data Modelling
9 39 (12.46%) GAP Analysis
10 38 (12.14%) SDLC
11 37 (11.82%) KYC
12 33 (10.54%) Risk Management
13 31 (9.90%) Client Onboarding
14 28 (8.95%) Validation
15 25 (7.99%) Data Analysis
16 24 (7.67%) Change Management
16 24 (7.67%) PRINCE2
16 24 (7.67%) Software Engineering
17 23 (7.35%) Continuous Integration
17 23 (7.35%) Test Automation
Programming Languages
1 86 (27.48%) SQL
2 56 (17.89%) C#
3 29 (9.27%) Java
4 21 (6.71%) C++
5 19 (6.07%) JavaScript
6 14 (4.47%) R
7 12 (3.83%) MATLAB
8 6 (1.92%) PL/SQL
9 5 (1.60%) Python
9 5 (1.60%) VBA
10 4 (1.28%) TypeScript
10 4 (1.28%) VB.NET
11 3 (0.96%) C
12 2 (0.64%) ES6
Qualifications
1 67 (21.41%) Degree
2 11 (3.51%) Master's Degree
3 9 (2.88%) ISEB
4 7 (2.24%) ISTQB Foundation Certification
5 6 (1.92%) PMI Certification
6 4 (1.28%) CFA
6 4 (1.28%) CISA
6 4 (1.28%) CISM
6 4 (1.28%) CISSP
6 4 (1.28%) GIAC
6 4 (1.28%) PRINCE2 Certification
6 4 (1.28%) SANS
7 3 (0.96%) PhD
8 2 (0.64%) ITIL Certification
8 2 (0.64%) Security Cleared
9 1 (0.32%) ACCA
9 1 (0.32%) CIMA
9 1 (0.32%) Computer Science Degree
9 1 (0.32%) IIBA
Quality Assurance & Compliance
1 108 (34.50%) EMIR
2 62 (19.81%) Dodd-Frank
3 42 (13.42%) GDPR
4 22 (7.03%) QA
5 19 (6.07%) Data Quality
6 17 (5.43%) FATCA
7 13 (4.15%) CRD IV
8 4 (1.28%) ISO/IEC 27001
8 4 (1.28%) PCI DSS
9 3 (0.96%) PMO
10 2 (0.64%) AIFMD
10 2 (0.64%) Basel III
10 2 (0.64%) FINRA
10 2 (0.64%) SLA
10 2 (0.64%) UCITS
11 1 (0.32%) Solvency II
System Software
1 1 (0.32%) Active Directory
1 1 (0.32%) HDFS
1 1 (0.32%) Hyper-V
1 1 (0.32%) VMware Infrastructure
Systems Management
1 1 (0.32%) Ansible
Vendors
1 35 (11.18%) Microsoft
2 25 (7.99%) Bloomberg
3 22 (7.03%) Oracle
4 15 (4.79%) Tableau
5 13 (4.15%) Fidessa
6 7 (2.24%) Charles River
7 6 (1.92%) Reuters
8 5 (1.60%) Murex
8 5 (1.60%) Salesforce.com
9 4 (1.28%) Google
9 4 (1.28%) ION Trading
10 3 (0.96%) Sybase
11 2 (0.64%) Avaloq
11 2 (0.64%) Calypso
11 2 (0.64%) FNZ
11 2 (0.64%) FXall
11 2 (0.64%) Misys
11 2 (0.64%) Solace
11 2 (0.64%) Splunk
11 2 (0.64%) TIBCO