Methodology

How the Observatory builds its figures, and the sources it uses and credits.

The role catalogue

The catalogue describes 173 roles in 15 families, with 74 specialisations shown inside their role and 937 job titles that lead to them. It is derived from the Ekaidoo role catalogue, version 2.0, filtered to the work of European finance and extended by the editors.

Each role and specialisation lists its skills, from a list of 241. Every skill has a tier (critical, important, supporting or useful), an expected level and a weight. The weights of one role add up to 100 percent; the heaviest critical skill is the role's anchor skill. Each role takes part in at least one of 46 processes, the units of work used to link roles to rules and infrastructure changes.

Levels run from L1 (starting out) to L5 (leading the function). Job titles at each level differ between banks and asset servicers, so both are shown. A role page is full when the editors have written its profile, with a day in the life, level descriptions and the effect of AI; otherwise it is brief, written from the catalogue only, and kept out of search engines until the profile exists.

Neighbouring roles

Two roles are neighbours when they need the same skills. For every skill both roles list, the smaller of its two weights is added up: the total, between 0 and 100 percent, is the weighted skill overlap. A role page shows the six roles with the highest overlap and, for each, up to three critical or important skills the neighbour needs that the role does not list. The calculation runs on all 247 skill profiles at build time.

Salary estimates

Every role, level and city has an estimate, so no cell is empty: 43,250 cells for 48 European hubs and 2 Gulf destinations. The model starts from official earnings statistics for each country and region, adjusts them with labour cost indices, and places each role with the points published in salary guides. Level ratios are estimated across all roles from the guide points and applied uniformly. Each estimate carries a confidence label and is replaced by measured figures when enough data points exist.

Amounts in other currencies are converted with the euro foreign exchange reference rates of the European Central Bank. Source: ECB.

Sources and licences