Financial Modelling
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Financial Modelling skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Financial Modelling over the 6 months to 14 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
14 May 2024
Same period 2023 Same period 2022
Rank 729 794 954
Rank change year-on-year +65 +160 -107
Permanent jobs citing Financial Modelling 167 181 284
As % of all permanent jobs advertised in the UK 0.17% 0.18% 0.18%
As % of the Processes & Methodologies category 0.20% 0.19% 0.19%
Number of salaries quoted 84 70 112
10th Percentile £33,250 £44,625 £51,250
25th Percentile £51,188 £57,654 £58,438
Median annual salary (50th Percentile) £70,000 £82,500 £77,750
Median % change year-on-year -15.15% +6.11% +11.07%
75th Percentile £122,500 £136,250 £90,000
90th Percentile £138,750 £150,000 £112,000
UK excluding London median annual salary £50,000 £50,000 £65,000
% change year-on-year - -23.08% +6.12%

All Process and Methodology Skills
UK

Financial Modelling is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 84,701 95,929 153,018
As % of all permanent jobs advertised in the UK 85.52% 95.60% 95.73%
Number of salaries quoted 59,701 56,502 82,944
10th Percentile £29,000 £34,000 £33,740
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £61,180 £60,000
Median % change year-on-year -10.10% +1.97% +9.09%
75th Percentile £72,500 £81,250 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

Financial Modelling
Job Vacancy Trend

Job postings citing Financial Modelling as a proportion of all IT jobs advertised.

Job vacancy trend for Financial Modelling in the UK

Financial Modelling
Salary Trend

3-month moving average salary quoted in jobs citing Financial Modelling.

Salary trend for Financial Modelling in the UK

Financial Modelling
Salary Histogram

Salary distribution for jobs citing Financial Modelling over the 6 months to 14 May 2024.

Salary histogram for Financial Modelling in the UK

Financial Modelling
Top 13 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Financial Modelling within the UK over the 6 months to 14 May 2024. 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
Jobs
England +61 157 £70,000 -15.15% 184
London +158 105 £105,000 -17.65% 119
UK excluding London -56 62 £50,000 - 62
Work from Home +53 47 £60,000 -15.87% 47
North West +14 20 £42,500 -10.53% 12
North of England +12 20 £42,500 -10.53% 20
Midlands +6 15 £50,500 +39.31% 13
South East -6 13 £48,750 -40.91% 19
West Midlands +10 10 £55,500 +32.93% 8
Scotland -48 10 - - 2
East Midlands -20 5 £24,000 -23.81% 5
South West -22 3 £50,000 -9.09% 7
East of England -12 1 £70,000 -11.11% 3

Financial Modelling
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (0.60%) Apache
Applications
1 48 (28.74%) Microsoft Excel
2 10 (5.99%) Microsoft Office
3 3 (1.80%) Microsoft PowerPoint
4 1 (0.60%) Spreadsheet
Business Applications
1 6 (3.59%) Elite 3E
2 1 (0.60%) IBM Planning Analytics
2 1 (0.60%) NetSuite
2 1 (0.60%) Primavera
Cloud Services
1 40 (23.95%) AWS
2 30 (17.96%) Amazon EC2
2 30 (17.96%) Amazon ECS
2 30 (17.96%) Amazon S3
2 30 (17.96%) Amazon SQS
2 30 (17.96%) AWS CloudFormation
2 30 (17.96%) AWS Lambda
2 30 (17.96%) OpenShift
2 30 (17.96%) Serverless
3 28 (16.77%) Power Platform
4 5 (2.99%) SaaS
5 2 (1.20%) Azure
5 2 (1.20%) IaaS
5 2 (1.20%) PaaS
6 1 (0.60%) Azure DevOps
6 1 (0.60%) Google Sheets
Communications & Networking
1 2 (1.20%) Internet
Database & Business Intelligence
1 30 (17.96%) Amazon RDS
1 30 (17.96%) Amazon Redshift
2 28 (16.77%) Power BI
3 18 (10.78%) Data Mining
3 18 (10.78%) Tableau
4 10 (5.99%) Big Data
5 2 (1.20%) SQL Server
6 1 (0.60%) Flink
6 1 (0.60%) Geospatial Data
6 1 (0.60%) Looker
6 1 (0.60%) MS Access
Development Applications
1 30 (17.96%) Artifactory
1 30 (17.96%) Jenkins
2 1 (0.60%) GDB
2 1 (0.60%) JIRA
2 1 (0.60%) Mockito
General
1 167 (100.00%) Finance
2 56 (33.53%) Analytical Skills
3 44 (26.35%) Marketing
4 40 (23.95%) Social Skills
5 30 (17.96%) Front Office
6 20 (11.98%) Banking
6 20 (11.98%) Legal
6 20 (11.98%) Retail
7 16 (9.58%) Law
8 15 (8.98%) Inclusion and Diversity
8 15 (8.98%) Presentation Skills
9 13 (7.78%) Financial Institution
10 11 (6.59%) Investment Banking
11 10 (5.99%) Games
11 10 (5.99%) Local Government
12 9 (5.39%) Public Sector
13 8 (4.79%) Billing
14 3 (1.80%) Manufacturing
14 3 (1.80%) Organisational Skills
15 2 (1.20%) Automotive
Job Titles
1 71 (42.51%) Analyst
2 40 (23.95%) AWS Engineer
3 36 (21.56%) Financial Analyst
4 30 (17.96%) AWS DevOps
4 30 (17.96%) AWS DevOps Engineer
4 30 (17.96%) DevOps Engineer
4 30 (17.96%) Kubernetes Engineer
4 30 (17.96%) Site Reliability Engineer
5 29 (17.37%) Senior
6 27 (16.17%) Senior Analyst
7 18 (10.78%) Senior Financial Analyst
8 17 (10.18%) Commercial Analyst
9 12 (7.19%) Development Manager
10 10 (5.99%) AWS Software Engineer
10 10 (5.99%) Infrastructure Manager
10 10 (5.99%) Principal Engineer
10 10 (5.99%) Principal Modelling Engineer
10 10 (5.99%) Principal Software Engineer
10 10 (5.99%) Python Software Engineer
10 10 (5.99%) Software Engineer
Libraries, Frameworks & Software Standards
1 30 (17.96%) J2EE
2 3 (1.80%) FIX Protocol
3 1 (0.60%) Boost C++ Libraries
3 1 (0.60%) gRPC
3 1 (0.60%) Kafka
3 1 (0.60%) STL
Miscellaneous
1 30 (17.96%) Tandem
2 21 (12.57%) Onboarding
3 10 (5.99%) Cloud Native
4 9 (5.39%) Self-Motivation
5 6 (3.59%) Blog
6 3 (1.80%) Fixed Income
6 3 (1.80%) Management Information System
6 3 (1.80%) Product Ownership
7 2 (1.20%) Data Centre
7 2 (1.20%) Hybrid Cloud
7 2 (1.20%) Mainframe
7 2 (1.20%) Team-Oriented Environment
8 1 (0.60%) Algorithms
8 1 (0.60%) Analytical Mindset
8 1 (0.60%) Derivative
8 1 (0.60%) Renewable Energy
8 1 (0.60%) Virtual Team
Operating Systems
1 5 (2.99%) Windows
1 5 (2.99%) Windows Vista
Processes & Methodologies
1 62 (37.13%) Decision-Making
2 56 (33.53%) Agile
3 51 (30.54%) Financial Analysis
4 42 (25.15%) Asset Management
4 42 (25.15%) Software Engineering
5 40 (23.95%) Mathematics
6 37 (22.16%) Budgeting
7 35 (20.96%) Business Development
8 34 (20.36%) Budgeting and Forecasting
8 34 (20.36%) Business Strategy
9 31 (18.56%) DevOps
10 30 (17.96%) CI/CD
10 30 (17.96%) Deployment Automation
10 30 (17.96%) Economics
10 30 (17.96%) Open Source
10 30 (17.96%) Problem-Solving
10 30 (17.96%) Site Reliability Engineering
11 29 (17.37%) Analytics
12 28 (16.77%) Business Intelligence
13 22 (13.17%) Logistics
Programming Languages
1 62 (37.13%) Python
2 32 (19.16%) Java
3 30 (17.96%) Go
4 29 (17.37%) SQL
5 6 (3.59%) T-SQL
6 3 (1.80%) C++
6 3 (1.80%) VBA
7 1 (0.60%) C#
Qualifications
1 45 (26.95%) Degree
2 14 (8.38%) ACCA
2 14 (8.38%) CIMA
2 14 (8.38%) Master's Degree
3 9 (5.39%) MBA
4 6 (3.59%) CFA
5 2 (1.20%) Security Cleared
6 1 (0.60%) DV Cleared
6 1 (0.60%) Microsoft Certification
6 1 (0.60%) SC Cleared
Quality Assurance & Compliance
1 3 (1.80%) GAAP
2 2 (1.20%) IFRS
2 2 (1.20%) ISO/IEC 27001
3 1 (0.60%) Actionable Recommendations
3 1 (0.60%) QA
System Software
1 30 (17.96%) Docker
2 2 (1.20%) Firmware
Systems Management
1 31 (18.56%) Kubernetes
2 30 (17.96%) Terraform
3 3 (1.80%) ITRS Geneos
Vendors
1 23 (13.77%) Microsoft
2 7 (4.19%) CA
3 4 (2.40%) Cadence
3 4 (2.40%) SAP
4 3 (1.80%) Bloomberg
4 3 (1.80%) MarketAxess
4 3 (1.80%) Murex
4 3 (1.80%) PagerDuty
4 3 (1.80%) Tradeweb
5 2 (1.20%) Anaplan
5 2 (1.20%) Facebook
5 2 (1.20%) Salesforce
6 1 (0.60%) DocuSign
6 1 (0.60%) Google
6 1 (0.60%) IBM
6 1 (0.60%) Samsung
6 1 (0.60%) ServiceNow
6 1 (0.60%) Yardi