Markets in Financial Instruments Directive (MiFID)
UK

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 5 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
5 Jun 2024
Same period 2023 Same period 2022
Rank 892 856 1141
Rank change year-on-year -36 +285 -312
Permanent jobs citing MiFID 25 90 142
As % of all permanent jobs advertised in the UK 0.023% 0.096% 0.083%
As % of the Quality Assurance & Compliance category 0.18% 0.53% 0.48%
Number of salaries quoted 11 69 101
10th Percentile £62,500 £53,750 £60,000
25th Percentile £80,000 £70,735 £75,000
Median annual salary (50th Percentile) £100,000 £85,000 £90,000
Median % change year-on-year +17.65% -5.56% +9.09%
75th Percentile £110,500 £97,500 £115,000
90th Percentile £115,000 £109,000 £138,750
UK excluding London median annual salary £41,500 - £90,000
% change year-on-year - - +56.52%

All Quality Assurance and Compliance Skills
UK

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.

Permanent vacancies with a requirement for quality assurance or compliance skills 13,798 17,021 29,334
As % of all permanent jobs advertised in the UK 12.96% 18.22% 17.23%
Number of salaries quoted 9,206 8,336 13,443
10th Percentile £26,500 £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 £91,250 £93,500 £90,000
UK excluding London median annual salary £47,500 £50,000 £48,500
% change year-on-year -5.00% +3.09% +2.11%

MiFID
Job Vacancy Trend

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

Job vacancy trend for MiFID in the UK

MiFID
Salary Trend

3-month moving average salary quoted in jobs citing MiFID.

Salary trend for MiFID in the UK

MiFID
Salary Histogram

Salary distribution for jobs citing MiFID over the 6 months to 5 June 2024.

Salary histogram for MiFID in the UK

MiFID
Top 7 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 5 June 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 -18 24 £102,500 +20.59% 31
London +27 22 £102,500 +20.59% 27
Work from Home -5 7 £97,500 +21.43% 8
UK excluding London - 3 £41,500 - 5
North of England - 2 - -
North West - 2 - -
Scotland - 1 £41,500 - 1

MiFID
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:

Cloud Services
1 5 (20.00%) AWS
2 4 (16.00%) Azure
2 4 (16.00%) Azure DevOps
3 3 (12.00%) WhatsApp
4 1 (4.00%) Amazon EKS
Communications & Networking
1 4 (16.00%) FTP
Database & Business Intelligence
1 5 (20.00%) PostgreSQL
1 5 (20.00%) SQL Server
2 4 (16.00%) MongoDB
General
1 20 (80.00%) Finance
2 11 (44.00%) Banking
3 10 (40.00%) Social Skills
4 7 (28.00%) Analytical Skills
5 6 (24.00%) Front Office
5 6 (24.00%) Inclusion and Diversity
5 6 (24.00%) Law
5 6 (24.00%) Marketing
6 4 (16.00%) Advertising
6 4 (16.00%) Back Office
7 3 (12.00%) Investment Banking
8 2 (8.00%) Legal
9 1 (4.00%) Financial Institution
9 1 (4.00%) French Language
Job Titles
1 10 (40.00%) Developer
2 6 (24.00%) Analyst
3 5 (20.00%) Business Analyst
3 5 (20.00%) C# Developer
3 5 (20.00%) Senior
4 4 (16.00%) Senior C# Developer
4 4 (16.00%) Senior Developer
5 3 (12.00%) .NET Developer
5 3 (12.00%) C# .NET Developer
5 3 (12.00%) C# Software Developer
5 3 (12.00%) C# Software Engineer
5 3 (12.00%) Developer/Software Engineer
5 3 (12.00%) Java Developer
5 3 (12.00%) Python Developer
5 3 (12.00%) Senior C# Software Developer
5 3 (12.00%) Senior C# Software Engineer
5 3 (12.00%) Senior Software Developer
5 3 (12.00%) Senior Software Engineer
5 3 (12.00%) Software Engineer
6 2 (8.00%) Operations Analyst
Libraries, Frameworks & Software Standards
1 8 (32.00%) FIX Protocol
1 8 (32.00%) HTML
1 8 (32.00%) React
1 8 (32.00%) REST
2 5 (20.00%) .NET
2 5 (20.00%) AngularJS
2 5 (20.00%) Kafka
3 4 (16.00%) .NET Framework
3 4 (16.00%) ASP.NET
3 4 (16.00%) ASP.NET MVC
3 4 (16.00%) CSS
3 4 (16.00%) FastAPI
3 4 (16.00%) jQuery
3 4 (16.00%) KnockoutJS
3 4 (16.00%) Pandas
3 4 (16.00%) Spring
3 4 (16.00%) Spring Boot
3 4 (16.00%) WCF
3 4 (16.00%) Web Services
3 4 (16.00%) WinForms
Miscellaneous
1 6 (24.00%) Mobile Banking
2 5 (20.00%) Hedge funds
3 4 (16.00%) Cloud Native
3 4 (16.00%) Derivative
4 1 (4.00%) ASIC
4 1 (4.00%) Data Protection Act
Operating Systems
1 4 (16.00%) Linux
1 4 (16.00%) Windows
Processes & Methodologies
1 7 (28.00%) Fintech
1 7 (28.00%) OO
2 6 (24.00%) Agile
2 6 (24.00%) Analytics
2 6 (24.00%) Artificial Intelligence
2 6 (24.00%) Root Cause Analysis
3 5 (20.00%) Full Stack Development
3 5 (20.00%) Microservices
3 5 (20.00%) Risk Management
4 4 (16.00%) Architectural Patterns
4 4 (16.00%) Business Analysis
4 4 (16.00%) CI/CD
4 4 (16.00%) Continuous Delivery
4 4 (16.00%) Data Analytics
4 4 (16.00%) DevOps
4 4 (16.00%) Migration
4 4 (16.00%) RAD
4 4 (16.00%) Software Engineering
4 4 (16.00%) Software Testing
4 4 (16.00%) Statistics
Programming Languages
1 10 (40.00%) SQL
2 6 (24.00%) C#
3 4 (16.00%) Clojure
3 4 (16.00%) Groovy
3 4 (16.00%) Java
3 4 (16.00%) JavaScript
3 4 (16.00%) PowerShell
3 4 (16.00%) Python
3 4 (16.00%) Scala
Qualifications
1 6 (24.00%) Degree
Quality Assurance & Compliance
1 11 (44.00%) EMIR
2 6 (24.00%) QA
2 6 (24.00%) UCITS
3 1 (4.00%) FINRA
Vendors
1 6 (24.00%) Microsoft
2 4 (16.00%) Bloomberg
2 4 (16.00%) Reuters