The first table below looks at the demand for the Quantitative Analyst role in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Quantitative Analyst in their job title over the 3 months to 19 June 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Job Titles advertised for the London region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
19 Jun 2013
Same period 2012 Same period 2011
Quant Analyst
Rank 370 401 423
Rank change year-on-year
+31 +22
Contract jobs requiring a Quantitative Analyst 14 9 20
As % of all contract IT jobs located in London 0.061% 0.034% 0.064%
As % of the Job Titles category 0.067% 0.037% 0.069%
Number of daily rates quoted 12 4 14
Average daily rate £583 £525 £638
Average daily rate % change year-on-year
+10.95% -17.64%
90% offered a daily rate of more than £553 £500 £515
10% offered a daily rate of more than £740 £585 £718
UK excluding London average daily rate - £800 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Job Titles
London
Contract IT job ads with a match in the
Job Titles category
20976 24602 29086
As % of all contract IT jobs located in London 91.99% 92.53% 92.45%
Number of daily rates quoted 14169 15932 18722
Average daily rate £450 £438 £475
Average daily rate % change year-on-year
+2.85% -7.89%
90% offered a daily rate of more than £275 £275 £293
10% offered a daily rate of more than £600 £600 £625
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 447 607 665
Average hourly rate £20.00 £19.50 £20.00
Average hourly rate % change year-on-year
+2.56% -2.50%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £45.00 £41.00 £47.50
UK excluding London average hourly rate £17.50 £18.00 £19.94
% change year-on-year
-2.77% -9.72%
Quantitative Analyst
England

Quantitative Analyst
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Quantitative Analyst across the London region as a proportion of the total demand within the Job Titles category.

London Quantitative Analyst Jobs Demand Trend

Quantitative Analyst
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Analyst across the London region.

London Quantitative Analyst Daily Rate Trend

Quantitative Analyst
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analyst across the London region over the 3 months to 19 June 2013.

London Quantitative Analyst Daily Rate Histogram

Quantitative Analyst
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Quantitative Analyst across the London region.

London Quantitative Analyst Hourly Rate Trend

Quantitative Analyst
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quantitative Analyst within the London region over the 3 months to 19 June 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Find
Job
Vacancies
City of London +3 3 £508 -15.41% 5
Canary Wharf - 1 £550 -
Docklands, London - - - -
Quantitative Analyst
England

Quantitative Analyst
Top 30 Related IT Skills

For the 6 months to 19 June 2013, IT contractor jobs across the London region that cited Quantitative Analyst in their job title mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Quantitative Analyst in their job title.

1 21 (72.41%) C++
2 12 (41.38%) Analytics
3 11 (37.93%) Monte Carlo Method
3 11 (37.93%) Validation
4 10 (34.48%) Finance
4 10 (34.48%) Mathematics
4 10 (34.48%) Credit Risk
4 10 (34.48%) VBA
5 9 (31.03%) Python
5 9 (31.03%) Market Risk
6 8 (27.59%) Risk Management
6 8 (27.59%) Stochastic Calculus
7 7 (24.14%) Front Office
7 7 (24.14%) SQL
8 6 (20.69%) Banking
8 6 (20.69%) Statistics
9 5 (17.24%) Data Analysis
9 5 (17.24%) Investment Banking
9 5 (17.24%) Stakeholder Management
9 5 (17.24%) PhD
9 5 (17.24%) OO
9 5 (17.24%) C#
9 5 (17.24%) Risk Analytics
10 4 (13.79%) R
10 4 (13.79%) Greeks
10 4 (13.79%) Basel III
10 4 (13.79%) CRM
10 4 (13.79%) Management Information System
10 4 (13.79%) Basel II
10 4 (13.79%) Foreign Exchange (FX)

Quantitative Analyst
Top Related IT Skills by Category

For the 6 months to 19 June 2013, IT contractor jobs across the London region that cited Quantitative Analyst in their job title mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Quantitative Analyst in their job title. Up to 20 skills are shown per category.

Application Development
1 1 (3.448%) SciPy
1 1 (3.448%) Boost C++ Libraries
1 1 (3.448%) STL
Application Platforms
1 1 (3.448%) SAS
Applications
1 2 (6.897%) MS Excel
Communications & Networking
1 1 (3.448%) HTTP
1 1 (3.448%) HTTPS
General
1 10 (34.48%) Finance
2 7 (24.14%) Front Office
3 6 (20.69%) Banking
4 5 (17.24%) Investment Banking
5 4 (13.79%) French Language
Miscellaneous
1 10 (34.48%) Mathematics
1 10 (34.48%) Credit Risk
2 9 (31.03%) Market Risk
3 6 (20.69%) Statistics
4 4 (13.79%) Management Information System
4 4 (13.79%) Foreign Exchange (FX)
4 4 (13.79%) Derivative
5 3 (10.34%) Economics
5 3 (10.34%) Fixed Income
6 2 (6.897%) Hedge funds
7 1 (3.448%) Swaptions
7 1 (3.448%) Physics
7 1 (3.448%) Computer Science
7 1 (3.448%) Equity Derivative
Processes & Methodologies
1 12 (41.38%) Analytics
2 11 (37.93%) Monte Carlo Method
2 11 (37.93%) Validation
3 8 (27.59%) Risk Management
3 8 (27.59%) Stochastic Calculus
4 5 (17.24%) Data Analysis
4 5 (17.24%) Stakeholder Management
4 5 (17.24%) OO
4 5 (17.24%) Risk Analytics
5 4 (13.79%) Greeks
5 4 (13.79%) CRM
5 4 (13.79%) Business Analysis
6 2 (6.897%) Data Modelling
6 2 (6.897%) Stress Testing
7 1 (3.448%) Risk Analysis
7 1 (3.448%) Quantitative Analysis
7 1 (3.448%) Numerical Analysis
7 1 (3.448%) Econometrics
7 1 (3.448%) Benchmarking
Programming Languages
1 21 (72.41%) C++
2 10 (34.48%) VBA
3 9 (31.03%) Python
4 7 (24.14%) SQL
5 5 (17.24%) C#
6 4 (13.79%) R
6 4 (13.79%) Jython
7 3 (10.34%) MATLAB
7 3 (10.34%) Java
8 2 (6.897%) C
9 1 (3.448%) Fortran
9 1 (3.448%) Perl
Qualifications
1 5 (17.24%) PhD
2 4 (13.79%) Degree
3 1 (3.448%) Postgraduate
Quality Assurance & Compliance
1 4 (13.79%) Basel III
1 4 (13.79%) Basel II
Vendors
1 3 (10.34%) Murex
1 3 (10.34%) Calypso
2 1 (3.448%) Twitter
City of London
The role is in a top asset management firm and would require you to develop, maintain and validate risk models for various types of financial risks (credit, market,...
Real Staffing
Rate: £575 per day
Posted: 22 May 2013
City, London
A Quant team in an investment bank in the city are seeking an expert Quanrt Analyst with extensive C++ development experience. The team require an in depth understanding...
Aston Carter
Rate: £800 - £1000 per day
Posted: 17 June 2013