Period
to 22 January 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 22 January 2019 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
UK
6 months to
22 Jan 2019
Same period 2018 Same period 2017
Rank 909 874 783
Rank change year-on-year -35 -91 +137
Permanent jobs citing MiFID 209 311 428
As % of all permanent IT jobs advertised in the UK 0.14% 0.18% 0.25%
As % of the Quality Assurance & Compliance category 1.00% 1.43% 1.95%
Number of salaries quoted 144 191 345
UK median annual salary £75,000 £75,000 £75,000
10th Percentile £52,875 £45,000 £53,000
90th Percentile £100,000 £102,500 £100,000
UK excluding London median annual salary - £55,000 £55,000

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 20,907 21,721 21,950
As % of all permanent IT jobs advertised in the UK 13.77% 12.52% 12.58%
Number of salaries quoted 15,369 16,794 17,362
UK median annual salary £50,000 £50,000 £47,500
Median salary % change year-on-year - +5.26% -
10th Percentile £27,500 £27,500 £26,750
90th Percentile £80,000 £80,000 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +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 22 January 2019.

Salary histogram for MiFID in the UK

MiFID
Top 5 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 22 January 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 -9 208 £75,000 - 26
London -26 206 £75,000 - 24
UK excluding London +33 2 - - 2
North of England +32 2 - -
North West +22 2 - -

For the 6 months to 22 January 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.

1 129 (61.72%) Finance
2 84 (40.19%) Banking
3 74 (35.41%) Degree
4 63 (30.14%) Equities
5 62 (29.67%) C#
6 57 (27.27%) Agile Software Development
7 54 (25.84%) GDPR
8 51 (24.40%) EMIR
9 48 (22.97%) Information Security
10 47 (22.49%) Front Office
11 46 (22.01%) Scrum
11 46 (22.01%) SQL
12 43 (20.57%) Java
13 42 (20.10%) Foreign Exchange (FX)
14 41 (19.62%) Derivative
15 40 (19.14%) Dodd-Frank
16 39 (18.66%) Windows
17 38 (18.18%) Linux
17 38 (18.18%) Problem-Solving
18 36 (17.22%) Decision-Making
18 36 (17.22%) Change Management
18 36 (17.22%) Wealth Management
19 34 (16.27%) Fixed Income
20 32 (15.31%) Legal
20 32 (15.31%) QA
20 32 (15.31%) Software Engineering
20 32 (15.31%) Continuous Improvement
21 31 (14.83%) Management Information System
22 30 (14.35%) Back Office
22 30 (14.35%) Python

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 12 (5.74%) IIS
2 11 (5.26%) Apache Spark
2 11 (5.26%) Elasticsearch
3 4 (1.91%) Confluence
4 1 (0.48%) WebSphere
Applications
1 3 (1.44%) Microsoft Excel
2 1 (0.48%) Microsoft Office
2 1 (0.48%) Microsoft PowerPoint
2 1 (0.48%) Microsoft Project
2 1 (0.48%) MS Visio
Business Applications
1 29 (13.88%) Temenos T24
2 9 (4.31%) SunGard GMI
3 1 (0.48%) Endur
Cloud Services
1 15 (7.18%) Amazon AWS
2 10 (4.78%) AWS Lambda
3 9 (4.31%) Amazon EMR
3 9 (4.31%) Amazon S3
3 9 (4.31%) AWS Data Pipeline
3 9 (4.31%) Microsoft Azure
4 4 (1.91%) Cloud Computing
5 1 (0.48%) npm
5 1 (0.48%) NuGet
5 1 (0.48%) OpenShift
Communications & Networking
1 19 (9.09%) Firewall
1 19 (9.09%) TCP/IP
2 16 (7.66%) HTTP
Database & Business Intelligence
1 25 (11.96%) SQL Server
2 23 (11.00%) Big Data
3 17 (8.13%) Hadoop
4 13 (6.22%) SQL Server Reporting Services
5 12 (5.74%) Apache Hive
5 12 (5.74%) NoSQL
6 11 (5.26%) Apache Cassandra
6 11 (5.26%) SQL Server Integration Services
7 10 (4.78%) Amazon Redshift
7 10 (4.78%) Apache Zeppelin
7 10 (4.78%) DataStax
7 10 (4.78%) Spark SQL
8 9 (4.31%) Amazon DynamoDB
9 7 (3.35%) Data Warehouse
10 4 (1.91%) OLAP
10 4 (1.91%) QlikView
11 3 (1.44%) BusinessObjects
11 3 (1.44%) Oracle Database
11 3 (1.44%) Relational Database
11 3 (1.44%) Star Schema
Development Applications
1 18 (8.61%) Selenium
2 16 (7.66%) TeamCity
3 12 (5.74%) JIRA
3 12 (5.74%) Octopus Deploy
4 9 (4.31%) Git (software)
5 7 (3.35%) Team Foundation Server
5 7 (3.35%) Visual Studio
6 5 (2.39%) Cucumber
7 1 (0.48%) Gradle
7 1 (0.48%) Hamcrest
7 1 (0.48%) Jenkins
7 1 (0.48%) JUnit
7 1 (0.48%) Maven
7 1 (0.48%) RSpec
7 1 (0.48%) TestNG
7 1 (0.48%) webpack
General
1 129 (61.72%) Finance
2 84 (40.19%) Banking
3 47 (22.49%) Front Office
4 32 (15.31%) Legal
5 30 (14.35%) Back Office
6 29 (13.88%) Games
6 29 (13.88%) Investment Banking
7 13 (6.22%) Advertising
8 5 (2.39%) Telecoms
9 3 (1.44%) Corporate Banking
10 1 (0.48%) Financial Institution
10 1 (0.48%) Law
10 1 (0.48%) Local Government
10 1 (0.48%) Retail
10 1 (0.48%) Romanian Language
10 1 (0.48%) Wholesale Banking
Job Titles
1 86 (41.15%) Analyst
2 69 (33.01%) Developer
3 65 (31.10%) Business Analyst
4 22 (10.53%) Regulatory Business Analyst
4 22 (10.53%) Senior Developer
5 20 (9.57%) Java Developer
6 19 (9.09%) C# Developer
6 19 (9.09%) Security Manager
6 19 (9.09%) Security Officer
7 16 (7.66%) Banking Analyst
7 16 (7.66%) Investment Banking Business Analyst
8 15 (7.18%) Senior Analyst
9 14 (6.70%) SQL Developer
10 13 (6.22%) Qualitative Analyst
10 13 (6.22%) Quantitative Analyst
11 12 (5.74%) .NET Developer
12 10 (4.78%) Change Management Business Analyst
12 10 (4.78%) Investment Management Business Analyst
13 8 (3.83%) Lead Developer
13 8 (3.83%) Senior Quantitative Analyst
Libraries, Frameworks & Software Standards
1 28 (13.40%) Elastic Stack
2 27 (12.92%) .NET
3 18 (8.61%) HTML
4 16 (7.66%) AngularJS
5 14 (6.70%) Kafka
6 11 (5.26%) Middleware
7 10 (4.78%) React
8 9 (4.31%) .NET Framework
8 9 (4.31%) Rendezvous
9 8 (3.83%) JSON
10 7 (3.35%) Entity Framework
10 7 (3.35%) FIX Protocol
10 7 (3.35%) jQuery
10 7 (3.35%) KnockoutJS
10 7 (3.35%) Node.js
10 7 (3.35%) OAuth
10 7 (3.35%) REST
10 7 (3.35%) Vue.js
10 7 (3.35%) WCF
10 7 (3.35%) Web Services
Miscellaneous
1 63 (30.14%) Equities
2 42 (20.10%) Foreign Exchange (FX)
3 41 (19.62%) Derivative
4 34 (16.27%) Fixed Income
5 31 (14.83%) Management Information System
6 29 (13.88%) Mobile App
7 17 (8.13%) Credit Risk
7 17 (8.13%) Market Risk
8 16 (7.66%) Virtual Team
9 13 (6.22%) Exotic Derivative
10 11 (5.26%) Analytical Skills
11 5 (2.39%) Data Structures
12 3 (1.44%) Hedge funds
13 2 (0.96%) Eurex
13 2 (0.96%) PMI
14 1 (0.48%) Algorithms
14 1 (0.48%) ASIC
14 1 (0.48%) Data Centre
14 1 (0.48%) Fintech
14 1 (0.48%) User Experience
Operating Systems
1 39 (18.66%) Windows
2 38 (18.18%) Linux
3 7 (3.35%) Windows Server
4 2 (0.96%) Unix
Processes & Methodologies
1 57 (27.27%) Agile Software Development
2 48 (22.97%) Information Security
3 46 (22.01%) Scrum
4 38 (18.18%) Problem-Solving
5 36 (17.22%) Change Management
5 36 (17.22%) Decision-Making
5 36 (17.22%) Wealth Management
6 32 (15.31%) Continuous Improvement
6 32 (15.31%) Software Engineering
7 30 (14.35%) Computer Science
8 29 (13.88%) Economics
8 29 (13.88%) Epics
8 29 (13.88%) Portfolio Management
8 29 (13.88%) Scaled Agile Framework
8 29 (13.88%) User Stories
9 23 (11.00%) Risk Management
10 21 (10.05%) Asset Management
10 21 (10.05%) Investment Management
11 20 (9.57%) Business Analysis
11 20 (9.57%) Open Source
Programming Languages
1 62 (29.67%) C#
2 46 (22.01%) SQL
3 43 (20.57%) Java
4 30 (14.35%) Python
5 18 (8.61%) JavaScript
6 17 (8.13%) PL/SQL
7 14 (6.70%) C++
7 14 (6.70%) R
8 13 (6.22%) MATLAB
8 13 (6.22%) T-SQL
9 11 (5.26%) Scala
10 9 (4.31%) Ruby
11 4 (1.91%) Java 8
12 2 (0.96%) PowerShell
12 2 (0.96%) VBA
13 1 (0.48%) Perl
13 1 (0.48%) Shell Script
13 1 (0.48%) Tcl
Qualifications
1 74 (35.41%) Degree
2 19 (9.09%) CISM
2 19 (9.09%) CISSP
3 14 (6.70%) Master's Degree
4 13 (6.22%) PhD
5 4 (1.91%) ISEB
6 3 (1.44%) ISTQB Foundation Certification
7 2 (0.96%) Computer Science Degree
7 2 (0.96%) PMI Certification
Quality Assurance & Compliance
1 54 (25.84%) GDPR
2 51 (24.40%) EMIR
3 40 (19.14%) Dodd-Frank
4 32 (15.31%) QA
5 19 (9.09%) FATCA
6 4 (1.91%) IFRS
6 4 (1.91%) Solvency II
7 3 (1.44%) Data Quality
7 3 (1.44%) FINREP
8 1 (0.48%) Basel III
8 1 (0.48%) SLA
System Software
1 19 (9.09%) Snort
2 14 (6.70%) Docker
3 9 (4.31%) Apache ZooKeeper
4 1 (0.48%) HDFS
Systems Management
1 19 (9.09%) OSSEC
2 11 (5.26%) Kubernetes
3 10 (4.78%) Ambari
3 10 (4.78%) Ansible
3 10 (4.78%) Hadoop YARN
3 10 (4.78%) Kibana
4 9 (4.31%) logstash
5 4 (1.91%) Marathon
Vendors
1 29 (13.88%) Cadence
2 18 (8.61%) Oracle
3 16 (7.66%) Microsoft
4 12 (5.74%) Hortonworks
5 10 (4.78%) Solace
5 10 (4.78%) TIBCO
6 9 (4.31%) CQG
6 9 (4.31%) Fidessa
6 9 (4.31%) FIS
6 9 (4.31%) SunGard
7 8 (3.83%) Informatica
8 7 (3.35%) Temenos
9 6 (2.87%) Ab Initio
10 5 (2.39%) Apple
10 5 (2.39%) Cloudera
11 4 (1.91%) Google
11 4 (1.91%) Splunk
12 3 (1.44%) Bloomberg
13 2 (0.96%) Salesforce.com
13 2 (0.96%) SmartStream