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 21 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
21 May 2024
Same period 2023 Same period 2022
Rank 359 406 511
Rank change year-on-year +47 +105 -96
Permanent jobs citing Fixed Income 776 763 1,076
As % of all permanent jobs advertised in the UK 0.78% 0.77% 0.66%
As % of the Miscellaneous category 2.21% 1.81% 1.37%
Number of salaries quoted 729 709 1,012
10th Percentile £77,500 £72,500 £71,375
25th Percentile £87,500 £85,000 £85,000
Median annual salary (50th Percentile) £115,000 £107,500 £115,000
Median % change year-on-year +6.98% -6.52% +15.00%
75th Percentile £143,750 £143,750 £138,750
90th Percentile £165,000 £160,000 £162,500
UK excluding London median annual salary £87,500 £80,000 £61,250
% change year-on-year +9.38% +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 35,152 42,204 78,296
As % of all permanent jobs advertised in the UK 35.16% 42.69% 47.96%
Number of salaries quoted 23,000 23,048 34,274
10th Percentile £28,000 £35,495 £34,500
25th Percentile £38,000 £46,337 £45,625
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 21 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 21 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 +47 762 £115,000 +6.98% 124
London +71 754 £115,000 +6.98% 119
Work from Home +45 475 £115,000 +6.98% 69
UK excluding London -18 19 £87,500 +9.38% 8
Scotland - 7 - - 1
South West - 6 - -
Northern Ireland - 4 £102,500 - 2
West Midlands +6 1 £44,700 -44.13% 1
Midlands -4 1 £44,700 -44.13% 1
North West - 1 £42,500 - 3
North of England - 1 £42,500 - 3

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
1 398 (51.29%) Apache Airflow
2 381 (49.10%) Apache
3 4 (0.52%) Confluence
4 3 (0.39%) MQSeries
5 1 (0.13%) Jupyter
Applications
1 15 (1.93%) Microsoft Excel
2 6 (0.77%) 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 (3.74%) Aladdin
2 15 (1.93%) 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
1 597 (76.93%) AWS
2 411 (52.96%) GCP
3 275 (35.44%) dbt
4 262 (33.76%) Azure
5 227 (29.25%) Snowflake
6 5 (0.64%) Power Platform
7 4 (0.52%) Serverless
8 3 (0.39%) Amazon EC2
8 3 (0.39%) Amazon S3
8 3 (0.39%) AWS CloudFormation
8 3 (0.39%) AWS Lambda
8 3 (0.39%) SaaS
9 2 (0.26%) WeChat
10 1 (0.13%) Amazon EKS
10 1 (0.13%) Azure AKS
10 1 (0.13%) GitHub
10 1 (0.13%) Google Kubernetes Engine
10 1 (0.13%) IaaS
Communications & Networking
1 6 (0.77%) Internet
2 3 (0.39%) TCP/IP
3 1 (0.13%) Software-Defined Networking
Database & Business Intelligence
1 377 (48.58%) Apache Ignite
2 275 (35.44%) Apache Arrow
2 275 (35.44%) Dremio
3 271 (34.92%) Amazon Athena
4 230 (29.64%) Data Lake
5 99 (12.76%) PostgreSQL
6 13 (1.68%) SQL Server
7 9 (1.16%) KDB
7 9 (1.16%) SQL Server Integration Services
7 9 (1.16%) SQL Server Reporting Services
8 5 (0.64%) Big Data
8 5 (0.64%) Kdb+
8 5 (0.64%) Power BI
9 4 (0.52%) Tableau
10 3 (0.39%) Amazon RDS
10 3 (0.39%) MySQL
10 3 (0.39%) Relational Database
11 2 (0.26%) Data Mart
11 2 (0.26%) SQLPlus
Development Applications
1 63 (8.12%) Cypress.io
2 10 (1.29%) JIRA
3 8 (1.03%) Git
4 7 (0.90%) Maven
5 4 (0.52%) Jenkins
6 3 (0.39%) GitLab
6 3 (0.39%) IntelliJ
7 1 (0.13%) Bitbucket
7 1 (0.13%) GDB
7 1 (0.13%) Gradle
7 1 (0.13%) Visual Studio
General
1 688 (88.66%) Finance
2 677 (87.24%) Front Office
3 434 (55.93%) Banking
4 314 (40.46%) Investment Banking
5 63 (8.12%) Back Office
6 35 (4.51%) Social Skills
7 27 (3.48%) Analytical Skills
8 15 (1.93%) Inclusion and Diversity
9 13 (1.68%) Law
10 9 (1.16%) Billing
10 9 (1.16%) Legal
11 7 (0.90%) Marketing
11 7 (0.90%) Presentation Skills
12 4 (0.52%) Financial Institution
13 2 (0.26%) Mandarin Language
14 1 (0.13%) French Language
Job Titles
1 410 (52.84%) Developer
2 398 (51.29%) Software Engineer
3 302 (38.92%) Developer/Software Engineer
4 223 (28.74%) Python Engineer
5 220 (28.35%) Python Software Engineer
6 206 (26.55%) Python Developer
7 139 (17.91%) Senior
8 136 (17.53%) Lead
9 133 (17.14%) React Developer
10 131 (16.88%) Senior Software Engineer
11 125 (16.11%) Analyst
12 106 (13.66%) AWS Engineer
12 106 (13.66%) Finance Manager
13 102 (13.14%) AWS Software Engineer
14 94 (12.11%) .NET Developer
15 92 (11.86%) Java Engineer
16 88 (11.34%) Java Software Engineer
17 82 (10.57%) .NET Software Developer
17 82 (10.57%) .NET Software Engineer
18 78 (10.05%) Business Analyst
Libraries, Frameworks & Software Standards
1 396 (51.03%) gRPC
1 396 (51.03%) Protocol Buffers
2 274 (35.31%) Pandas
3 271 (34.92%) React
4 260 (33.51%) NumPy
4 260 (33.51%) SciPy
5 236 (30.41%) Redux
6 125 (16.11%) Material-UI
7 113 (14.56%) AngularJS
8 110 (14.18%) Vue
9 104 (13.40%) .NET
10 57 (7.35%) .NET Core
11 46 (5.93%) ASP.NET
11 46 (5.93%) ASP.NET Core
11 46 (5.93%) Node.js
12 20 (2.58%) FIX Protocol
13 14 (1.80%) GraphQL
14 10 (1.29%) Spring
15 6 (0.77%) Spring Boot
16 4 (0.52%) RESTful
Miscellaneous
1 570 (73.45%) Hedge funds
2 529 (68.17%) Equities
3 458 (59.02%) Derivative
4 438 (56.44%) Foreign Exchange (FX)
5 65 (8.38%) Product Ownership
6 30 (3.87%) Pricing Data
7 15 (1.93%) Greenfield Project
8 12 (1.55%) Onboarding
9 10 (1.29%) Management Information System
9 10 (1.29%) Self-Motivation
10 8 (1.03%) Reference Data
11 7 (0.90%) Credit Derivative
11 7 (0.90%) Interest Rate Derivative
12 5 (0.64%) Distributed Systems
13 3 (0.39%) Algorithms
13 3 (0.39%) Equity Derivative
14 2 (0.26%) Data Structures
14 2 (0.26%) Distributed Applications
14 2 (0.26%) FPGA
14 2 (0.26%) Market Risk
Operating Systems
1 12 (1.55%) Linux
2 8 (1.03%) Apple iOS
3 4 (0.52%) Windows
4 3 (0.39%) Windows 10
5 2 (0.26%) Unix
6 1 (0.13%) Windows Server
Processes & Methodologies
1 640 (82.47%) Asset Management
2 603 (77.71%) Agile
3 559 (72.04%) Software Engineering
4 546 (70.36%) Investment Management
5 169 (21.78%) Full Stack Development
6 151 (19.46%) Artificial Intelligence
6 151 (19.46%) Machine Learning
7 114 (14.69%) Fintech
8 105 (13.53%) Automated Trading
9 104 (13.40%) Analytics
10 101 (13.02%) Greeks
11 96 (12.37%) Line Management
12 69 (8.89%) TDD
13 47 (6.06%) Roadmaps
14 46 (5.93%) DevOps
14 46 (5.93%) Performance Attribution
15 42 (5.41%) Portfolio Management
16 41 (5.28%) Electronic Trading
17 40 (5.15%) Problem-Solving
17 40 (5.15%) Product Management
Programming Languages
1 606 (78.09%) Python
2 494 (63.66%) TypeScript
3 402 (51.80%) JavaScript
4 308 (39.69%) Java
5 177 (22.81%) SQL
6 107 (13.79%) C#
7 38 (4.90%) R
8 14 (1.80%) Kotlin
8 14 (1.80%) Scala
9 12 (1.55%) Ruby
10 11 (1.42%) C++
11 8 (1.03%) VBA
12 3 (0.39%) Bash
12 3 (0.39%) PowerShell
13 1 (0.13%) Shell Script
Qualifications
1 34 (4.38%) Degree
2 17 (2.19%) Computer Science Degree
3 4 (0.52%) Master's Degree
4 3 (0.39%) AWS Certification
4 3 (0.39%) AWS Certified Solutions Architect
4 3 (0.39%) CFA
Quality Assurance & Compliance
1 107 (13.79%) Data Quality
2 44 (5.67%) QA
3 3 (0.39%) Accessibility
System Software
1 6 (0.77%) Docker
Systems Management
1 3 (0.39%) Ansible
1 3 (0.39%) Control-M
1 3 (0.39%) Kubernetes
2 1 (0.13%) Terraform
Vendors
1 99 (12.76%) Google
2 85 (10.95%) Bloomberg
3 23 (2.96%) Charles River
4 16 (2.06%) Oracle
5 14 (1.80%) BISAM
6 9 (1.16%) ION Trading
7 6 (0.77%) Microsoft
8 5 (0.64%) Salesforce
9 4 (0.52%) SAP
10 3 (0.39%) Solace
10 3 (0.39%) 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