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 18 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 814 951 1166
Rank change year-on-year +137 +215 -254
Permanent jobs citing IFRS 9 76 26 78
As % of all permanent jobs advertised in the UK 0.076% 0.026% 0.049%
As % of the Quality Assurance & Compliance category 0.56% 0.14% 0.29%
Number of salaries quoted 19 16 31
10th Percentile - - £40,000
25th Percentile £40,800 £47,354 £61,327
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 £58,619 £132,500
90th Percentile - £66,250 -
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 13,596 18,747 27,353
As % of all permanent jobs advertised in the UK 13.61% 18.90% 17.02%
Number of salaries quoted 9,193 8,688 13,219
10th Percentile £27,000 £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% +3.77%
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 £47,626
% change year-on-year -5.00% +4.98% +0.27%

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 18 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 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 +137 66 £51,528 -6.39% 22
UK excluding London +13 52 £51,528 -2.02% 5
North of England +76 30 £51,528 -2.02% 2
London +124 24 £43,200 -28.00% 16
Yorkshire +95 16 £51,528 -2.02% 2
Work from Home +82 10 £43,200 -34.79% 4
North West +11 8 - -
Midlands - 8 - - 1
Scotland -57 7 £43,200 -17.86%
North East - 6 £43,200 -
South West -24 4 - -
West Midlands - 4 - - 1
East Midlands - 4 - -
Wales - 3 £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 59 (77.63%) SAS
2 12 (15.79%) Apache
2 12 (15.79%) Apache Spark
3 1 (1.32%) WebSphere
Business Applications
1 1 (1.32%) Oracle FAH
1 1 (1.32%) Oracle General Ledger
Cloud Services
1 1 (1.32%) OCI
1 1 (1.32%) SaaS
Database & Business Intelligence
1 1 (1.32%) Oracle Database
1 1 (1.32%) RDBMS
1 1 (1.32%) Relational Database
General
1 75 (98.68%) Finance
2 70 (92.11%) Banking
3 58 (76.32%) Social Skills
4 53 (69.74%) Analytical Skills
5 40 (52.63%) Legal
5 40 (52.63%) Publishing
6 18 (23.68%) Retail
7 16 (21.05%) Inclusion and Diversity
7 16 (21.05%) Law
8 12 (15.79%) Presentation Skills
9 9 (11.84%) Retail Finance
10 1 (1.32%) Investment Banking
10 1 (1.32%) Public Sector
Job Titles
1 68 (89.47%) Senior
2 40 (52.63%) Senior Data Warehouse Specialist
3 16 (21.05%) Audit Manager
3 16 (21.05%) Quality Manager
3 16 (21.05%) Senior Audit Manager
3 16 (21.05%) Senior Manager
3 16 (21.05%) Senior Quality Manager
4 12 (15.79%) Analyst
4 12 (15.79%) Senior Analyst
5 6 (7.89%) Data Scientist
6 1 (1.32%) Database Developer
6 1 (1.32%) Developer
6 1 (1.32%) Development Manager
6 1 (1.32%) Oracle Database Developer
6 1 (1.32%) Oracle Developer
Libraries, Frameworks & Software Standards
1 1 (1.32%) JSON
1 1 (1.32%) Middleware
1 1 (1.32%) XML
1 1 (1.32%) XML Messaging
1 1 (1.32%) XSD
Miscellaneous
1 59 (77.63%) Credit Risk
2 1 (1.32%) Derivative
2 1 (1.32%) Equities
2 1 (1.32%) Foreign Exchange (FX)
Processes & Methodologies
1 69 (90.79%) Risk Management
2 66 (86.84%) Analytics
3 59 (77.63%) Stress Testing
4 52 (68.42%) Economics
5 40 (52.63%) Benchmarking
5 40 (52.63%) Budget Responsibility
5 40 (52.63%) Data Analysis
6 19 (25.00%) Validation
7 16 (21.05%) Coaching
7 16 (21.05%) Content Development
7 16 (21.05%) Data Analytics
7 16 (21.05%) Quality Management
8 13 (17.11%) Mathematics
8 13 (17.11%) Physics
8 13 (17.11%) Statistics
9 12 (15.79%) Agile
9 12 (15.79%) Credit Risk Management
9 12 (15.79%) Operations Research
9 12 (15.79%) Statistical Analysis
9 12 (15.79%) Statistical Modelling
Programming Languages
1 19 (25.00%) R
2 13 (17.11%) Python
3 2 (2.63%) SQL
4 1 (1.32%) MATLAB
4 1 (1.32%) PL/SQL
4 1 (1.32%) XPath
Qualifications
1 16 (21.05%) ACCA
2 13 (17.11%) Degree
Quality Assurance & Compliance
1 76 (100.00%) IFRS
2 12 (15.79%) CRD IV
3 1 (1.32%) COREP
3 1 (1.32%) IFRS 17
Vendors
1 16 (21.05%) CA
2 1 (1.32%) IBM
2 1 (1.32%) Oracle