Fixed Income
UK

The table below looks at the prevalence of the term Fixed Income in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Fixed Income over the 6 months to 18 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 364 419 524
Rank change year-on-year +55 +105 -111
Permanent jobs citing Fixed Income 759 752 1,056
As % of all permanent jobs advertised in the UK 0.76% 0.76% 0.66%
As % of the Miscellaneous category 2.16% 1.78% 1.37%
Number of salaries quoted 712 700 993
10th Percentile £77,500 £72,323 £71,250
25th Percentile £87,500 £85,000 £85,000
Median annual salary (50th Percentile) £112,500 £107,500 £115,000
Median % change year-on-year +4.65% -6.52% +17.95%
75th Percentile £143,750 £144,063 £136,250
90th Percentile £164,625 £160,000 £162,500
UK excluding London median annual salary £75,000 £80,000 £61,250
% change year-on-year -6.25% +30.61% +16.67%

All Generic Skills
UK

Fixed Income is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for generic IT skills.

Permanent vacancies with a requirement for generic IT skills 35,145 42,330 76,975
As % of all permanent jobs advertised in the UK 35.18% 42.69% 47.89%
Number of salaries quoted 23,044 23,098 33,984
10th Percentile £28,000 £35,427 £34,500
25th Percentile £38,000 £46,250 £45,719
Median annual salary (50th Percentile) £55,000 £65,000 £62,500
Median % change year-on-year -15.38% +4.00% +4.17%
75th Percentile £75,000 £86,250 £83,750
90th Percentile £97,500 £109,865 £102,500
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +5.00%

Fixed Income
Job Vacancy Trend

Job postings citing Fixed Income as a proportion of all IT jobs advertised.

Job vacancy trend for Fixed Income in the UK

Fixed Income
Salary Trend

3-month moving average salary quoted in jobs citing Fixed Income.

Salary trend for Fixed Income in the UK

Fixed Income
Salary Histogram

Salary distribution for jobs citing Fixed Income over the 6 months to 18 May 2024.

Salary histogram for Fixed Income in the UK

Fixed Income
Top 11 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Fixed Income within the UK over the 6 months to 18 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 +64 746 £115,000 +6.98% 143
London +73 738 £115,000 +6.98% 138
Work from Home +42 462 £115,000 +6.98% 38
UK excluding London -12 18 £75,000 -6.25% 31
Scotland - 7 - - 2
South West - 6 - -
Northern Ireland - 3 £105,000 - 2
West Midlands +12 1 £44,700 -44.13% 2
Midlands -9 1 £44,700 -44.13% 2
North West - 1 £42,500 - 2
North of England - 1 £42,500 - 2

Fixed Income
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
1 374 (49.28%) Apache Airflow
2 357 (47.04%) Apache
3 4 (0.53%) Confluence
4 3 (0.40%) MQSeries
5 1 (0.13%) Jupyter
Applications
1 15 (1.98%) Microsoft Excel
2 6 (0.79%) Microsoft PowerPoint
3 2 (0.26%) Microsoft Office
3 2 (0.26%) MS Visio
4 1 (0.13%) Microsoft Project
4 1 (0.13%) Spreadsheet
Business Applications
1 29 (3.82%) Aladdin
2 15 (1.98%) thinkFolio
3 2 (0.26%) ION Anvil
3 2 (0.26%) ION MarketView
3 2 (0.26%) Markit EDM
4 1 (0.13%) Bloomberg AIM
4 1 (0.13%) Salesforce CRM
Cloud Services
1 579 (76.28%) AWS
2 401 (52.83%) GCP
3 262 (34.52%) Azure
4 257 (33.86%) dbt
5 211 (27.80%) Snowflake
6 5 (0.66%) Power Platform
7 4 (0.53%) Serverless
8 3 (0.40%) Amazon EC2
8 3 (0.40%) Amazon S3
8 3 (0.40%) AWS CloudFormation
8 3 (0.40%) AWS Lambda
8 3 (0.40%) SaaS
9 2 (0.26%) GitHub
9 2 (0.26%) WeChat
10 1 (0.13%) Amazon EKS
10 1 (0.13%) Azure AKS
10 1 (0.13%) Google Kubernetes Engine
10 1 (0.13%) IaaS
Communications & Networking
1 6 (0.79%) Internet
2 3 (0.40%) TCP/IP
3 1 (0.13%) Software-Defined Networking
Database & Business Intelligence
1 353 (46.51%) Apache Ignite
2 257 (33.86%) Apache Arrow
2 257 (33.86%) Dremio
3 253 (33.33%) Amazon Athena
4 214 (28.19%) Data Lake
5 95 (12.52%) PostgreSQL
6 12 (1.58%) SQL Server
7 9 (1.19%) KDB
7 9 (1.19%) SQL Server Integration Services
7 9 (1.19%) SQL Server Reporting Services
8 5 (0.66%) Big Data
8 5 (0.66%) Kdb+
8 5 (0.66%) Power BI
9 4 (0.53%) Tableau
10 3 (0.40%) Amazon RDS
10 3 (0.40%) MySQL
10 3 (0.40%) Relational Database
11 2 (0.26%) Data Mart
11 2 (0.26%) SQLPlus
Development Applications
1 59 (7.77%) Cypress.io
2 10 (1.32%) JIRA
3 9 (1.19%) Git
4 7 (0.92%) Maven
5 4 (0.53%) Jenkins
6 3 (0.40%) GitLab
6 3 (0.40%) IntelliJ
7 1 (0.13%) Bitbucket
7 1 (0.13%) GDB
7 1 (0.13%) Gradle
7 1 (0.13%) Visual Studio
General
1 668 (88.01%) Finance
2 659 (86.82%) Front Office
3 416 (54.81%) Banking
4 300 (39.53%) Investment Banking
5 63 (8.30%) Back Office
6 35 (4.61%) Social Skills
7 27 (3.56%) Analytical Skills
8 15 (1.98%) Inclusion and Diversity
9 13 (1.71%) Law
10 9 (1.19%) Billing
10 9 (1.19%) Legal
11 7 (0.92%) Marketing
11 7 (0.92%) Presentation Skills
12 4 (0.53%) Financial Institution
13 2 (0.26%) Mandarin Language
14 1 (0.13%) French Language
Job Titles
1 407 (53.62%) Developer
2 383 (50.46%) Software Engineer
3 292 (38.47%) Developer/Software Engineer
4 213 (28.06%) Python Engineer
5 210 (27.67%) Python Software Engineer
6 203 (26.75%) Python Developer
7 137 (18.05%) Senior
8 129 (17.00%) React Developer
9 128 (16.86%) Lead
9 128 (16.86%) Senior Software Engineer
10 122 (16.07%) Analyst
11 107 (14.10%) Finance Manager
12 100 (13.18%) AWS Engineer
13 96 (12.65%) AWS Software Engineer
14 94 (12.38%) .NET Developer
15 88 (11.59%) Java Engineer
16 84 (11.07%) Java Software Engineer
17 82 (10.80%) .NET Software Developer
17 82 (10.80%) .NET Software Engineer
18 77 (10.14%) Business Analyst
Libraries, Frameworks & Software Standards
1 372 (49.01%) gRPC
1 372 (49.01%) Protocol Buffers
2 265 (34.91%) React
3 256 (33.73%) Pandas
4 242 (31.88%) NumPy
4 242 (31.88%) SciPy
5 230 (30.30%) Redux
6 123 (16.21%) Material-UI
7 111 (14.62%) AngularJS
8 108 (14.23%) Vue
9 104 (13.70%) .NET
10 57 (7.51%) .NET Core
11 46 (6.06%) ASP.NET
11 46 (6.06%) ASP.NET Core
12 44 (5.80%) Node.js
13 20 (2.64%) FIX Protocol
14 16 (2.11%) GraphQL
15 10 (1.32%) Spring
16 6 (0.79%) Spring Boot
17 4 (0.53%) RESTful
Miscellaneous
1 552 (72.73%) Hedge funds
2 513 (67.59%) Equities
3 445 (58.63%) Derivative
4 423 (55.73%) Foreign Exchange (FX)
5 63 (8.30%) Product Ownership
6 30 (3.95%) Pricing Data
7 17 (2.24%) Greenfield Project
8 13 (1.71%) Onboarding
9 10 (1.32%) Management Information System
9 10 (1.32%) Self-Motivation
10 9 (1.19%) Credit Derivative
11 8 (1.05%) Reference Data
12 7 (0.92%) Interest Rate Derivative
13 5 (0.66%) Distributed Systems
14 3 (0.40%) Algorithms
15 2 (0.26%) Data Structures
15 2 (0.26%) Distributed Applications
15 2 (0.26%) Equity Derivative
15 2 (0.26%) FPGA
15 2 (0.26%) Market Risk
Operating Systems
1 12 (1.58%) Linux
2 8 (1.05%) Apple iOS
3 4 (0.53%) Windows
4 3 (0.40%) Windows 10
5 2 (0.26%) Unix
6 1 (0.13%) Windows Server
Processes & Methodologies
1 620 (81.69%) Asset Management
2 586 (77.21%) Agile
3 540 (71.15%) Software Engineering
4 533 (70.22%) Investment Management
5 165 (21.74%) Full Stack Development
6 147 (19.37%) Artificial Intelligence
6 147 (19.37%) Machine Learning
7 112 (14.76%) Fintech
8 105 (13.83%) Analytics
9 101 (13.31%) Automated Trading
10 93 (12.25%) Greeks
11 88 (11.59%) Line Management
12 70 (9.22%) TDD
13 46 (6.06%) DevOps
14 45 (5.93%) Roadmaps
15 44 (5.80%) Performance Attribution
16 42 (5.53%) Electronic Trading
17 41 (5.40%) Quantitative Research
18 40 (5.27%) Problem-Solving
18 40 (5.27%) Product Management
Programming Languages
1 589 (77.60%) Python
2 472 (62.19%) TypeScript
3 384 (50.59%) JavaScript
4 295 (38.87%) Java
5 174 (22.92%) SQL
6 107 (14.10%) C#
7 42 (5.53%) R
8 16 (2.11%) Kotlin
9 14 (1.84%) Scala
10 12 (1.58%) Ruby
11 11 (1.45%) C++
12 8 (1.05%) VBA
13 3 (0.40%) Bash
13 3 (0.40%) PowerShell
14 1 (0.13%) Shell Script
Qualifications
1 35 (4.61%) Degree
2 17 (2.24%) Computer Science Degree
3 5 (0.66%) Master's Degree
4 3 (0.40%) AWS Certification
4 3 (0.40%) AWS Certified Solutions Architect
4 3 (0.40%) CFA
Quality Assurance & Compliance
1 97 (12.78%) Data Quality
2 44 (5.80%) QA
3 3 (0.40%) Accessibility
System Software
1 6 (0.79%) Docker
Systems Management
1 3 (0.40%) Ansible
1 3 (0.40%) Control-M
1 3 (0.40%) Kubernetes
2 1 (0.13%) Terraform
Vendors
1 95 (12.52%) Google
2 84 (11.07%) Bloomberg
3 23 (3.03%) Charles River
4 15 (1.98%) Oracle
5 14 (1.84%) BISAM
6 9 (1.19%) ION Trading
7 6 (0.79%) Microsoft
8 5 (0.66%) Salesforce
9 4 (0.53%) SAP
10 3 (0.40%) Solace
10 3 (0.40%) TIBCO
11 2 (0.26%) Calypso
11 2 (0.26%) Murex
12 1 (0.13%) FactSet
12 1 (0.13%) Progress
12 1 (0.13%) Refinitiv
12 1 (0.13%) ServiceNow
12 1 (0.13%) Sybase
12 1 (0.13%) Vertica