IFRS 9 Financial Instruments
UK

The following table provides summary statistics for permanent job vacancies with a requirement for IFRS 9 skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited IFRS 9 over the 6 months to 23 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 825 912 1158
Rank change year-on-year +87 +246 -230
Permanent jobs citing IFRS 9 70 40 81
As % of all permanent jobs advertised in the UK 0.069% 0.041% 0.049%
As % of the Quality Assurance & Compliance category 0.52% 0.22% 0.29%
Number of salaries quoted 13 28 33
10th Percentile - - £40,000
25th Percentile £40,800 £47,354 £60,905
Median annual salary (50th Percentile) £51,528 £55,043 £80,000
Median % change year-on-year -6.39% -31.20% +52.38%
75th Percentile £52,884 £56,492 £132,500
90th Percentile - £65,000 -
UK excluding London median annual salary £51,528 £52,591 £68,897
% change year-on-year -2.02% -23.67% -

All Quality Assurance and Compliance Skills
UK

IFRS 9 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.

Permanent vacancies with a requirement for quality assurance or compliance skills 13,561 18,525 27,926
As % of all permanent jobs advertised in the UK 13.44% 18.81% 17.05%
Number of salaries quoted 9,147 8,607 13,266
10th Percentile £26,750 £32,000 £31,250
25th Percentile £36,250 £42,500 £41,250
Median annual salary (50th Percentile) £52,500 £57,500 £55,000
Median % change year-on-year -8.70% +4.55% +4.76%
75th Percentile £70,000 £76,250 £73,750
90th Percentile £90,000 £93,750 £90,000
UK excluding London median annual salary £47,500 £50,000 £47,602
% change year-on-year -5.00% +5.04% +0.22%

IFRS 9
Job Vacancy Trend

Job postings citing IFRS 9 as a proportion of all IT jobs advertised.

Job vacancy trend for IFRS 9 in the UK

IFRS 9
Salary Trend

3-month moving average salary quoted in jobs citing IFRS 9.

Salary trend for IFRS 9 in the UK

IFRS 9
Salary Histogram

Salary distribution for jobs citing IFRS 9 over the 6 months to 23 May 2024.

Salary histogram for IFRS 9 in the UK

IFRS 9
Top 14 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing IFRS 9 within the UK over the 6 months to 23 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 +132 63 £51,528 -6.39% 20
UK excluding London +35 46 £51,528 -2.02% 5
North of England +54 27 £51,528 -2.02% 4
London +130 24 £43,200 -24.90% 13
Yorkshire +86 13 £51,528 -2.02% 2
North West +5 8 - - 2
Midlands - 8 - -
Work from Home +67 7 £43,200 -34.79% 4
Scotland -55 6 £43,200 -17.86%
North East - 6 £43,200 -
South West -15 4 - -
West Midlands - 4 - -
East Midlands - 4 - -
Wales - 1 £51,528 -

IFRS 9
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 53 (75.71%) SAS
2 6 (8.57%) Apache
2 6 (8.57%) Apache Spark
3 1 (1.43%) WebSphere
Business Applications
1 1 (1.43%) Oracle FAH
1 1 (1.43%) Oracle General Ledger
Cloud Services
1 1 (1.43%) OCI
1 1 (1.43%) SaaS
Database & Business Intelligence
1 1 (1.43%) Oracle Database
1 1 (1.43%) RDBMS
1 1 (1.43%) Relational Database
General
1 69 (98.57%) Finance
2 64 (91.43%) Banking
3 52 (74.29%) Social Skills
4 47 (67.14%) Analytical Skills
5 40 (57.14%) Legal
5 40 (57.14%) Publishing
6 16 (22.86%) Inclusion and Diversity
6 16 (22.86%) Law
7 12 (17.14%) Retail
8 6 (8.57%) Presentation Skills
8 6 (8.57%) Retail Finance
9 1 (1.43%) Investment Banking
9 1 (1.43%) Public Sector
Job Titles
1 62 (88.57%) Senior
2 40 (57.14%) Senior Data Warehouse Specialist
3 16 (22.86%) Audit Manager
3 16 (22.86%) Quality Manager
3 16 (22.86%) Senior Audit Manager
3 16 (22.86%) Senior Manager
3 16 (22.86%) Senior Quality Manager
4 6 (8.57%) Analyst
4 6 (8.57%) Data Scientist
4 6 (8.57%) Senior Analyst
5 1 (1.43%) Database Developer
5 1 (1.43%) Developer
5 1 (1.43%) Development Manager
5 1 (1.43%) Oracle Database Developer
5 1 (1.43%) Oracle Developer
Libraries, Frameworks & Software Standards
1 1 (1.43%) JSON
1 1 (1.43%) Middleware
1 1 (1.43%) XML
1 1 (1.43%) XML Messaging
1 1 (1.43%) XSD
Miscellaneous
1 53 (75.71%) Credit Risk
2 1 (1.43%) Derivative
2 1 (1.43%) Equities
2 1 (1.43%) Foreign Exchange (FX)
Processes & Methodologies
1 63 (90.00%) Analytics
1 63 (90.00%) Risk Management
2 53 (75.71%) Stress Testing
3 46 (65.71%) Economics
4 40 (57.14%) Benchmarking
4 40 (57.14%) Budget Responsibility
4 40 (57.14%) Data Analysis
5 16 (22.86%) Coaching
5 16 (22.86%) Content Development
5 16 (22.86%) Data Analytics
5 16 (22.86%) Quality Management
6 13 (18.57%) Validation
7 7 (10.00%) Mathematics
7 7 (10.00%) Physics
7 7 (10.00%) Statistics
8 6 (8.57%) Continuous Improvement
8 6 (8.57%) Data Science
8 6 (8.57%) IT Strategy
8 6 (8.57%) Statistical Modelling
8 6 (8.57%) Technology Strategy
Programming Languages
1 13 (18.57%) R
2 7 (10.00%) Python
3 2 (2.86%) SQL
4 1 (1.43%) MATLAB
4 1 (1.43%) PL/SQL
4 1 (1.43%) XPath
Qualifications
1 16 (22.86%) ACCA
2 7 (10.00%) Degree
Quality Assurance & Compliance
1 70 (100.00%) IFRS
2 6 (8.57%) CRD IV
3 1 (1.43%) COREP
3 1 (1.43%) IFRS 17
Vendors
1 16 (22.86%) CA
2 1 (1.43%) IBM
2 1 (1.43%) Oracle