Quantitative Analyst Jobs in the City of London

Quant Analyst
Central London > City of London

The median Quant Analyst salary in the City of London is £97,500 per year according to job vacancies posted during the 6 months to 5 May 2024.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank 165 210 277
Rank change year-on-year +45 +67 -45
Permanent jobs requiring a Quantitative Analyst 13 22 12
As % of all permanent jobs advertised in the City of London 0.39% 0.47% 0.17%
As % of the Job Titles category 0.40% 0.49% 0.18%
Number of salaries quoted 13 22 12
10th Percentile - - -
25th Percentile £52,500 £57,500 £57,500
Median annual salary (50th Percentile) £97,500 £90,000 £73,750
Median % change year-on-year +8.33% +22.03% -10.61%
75th Percentile £100,000 £115,000 £82,500
90th Percentile £105,000 £137,500 -
Central London median annual salary £97,500 £90,000 £73,750
% change year-on-year +8.33% +22.03% -10.61%

All Permanent IT Job Vacancies
City of London

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

Permanent vacancies in the City of London with a recognized job title 3,223 4,526 6,835
% of permanent jobs with a recognized job title 95.92% 96.32% 95.53%
Number of salaries quoted 2,565 3,799 5,685
10th Percentile £41,250 £42,500 £45,000
25th Percentile £52,500 £55,000 £56,250
Median annual salary (50th Percentile) £73,441 £75,000 £72,500
Median % change year-on-year -2.08% +3.45% -
75th Percentile £95,000 £97,500 £93,750
90th Percentile £112,500 £112,500 £108,750
Central London median annual salary £72,500 £74,000 £72,500
% change year-on-year -2.03% +2.07% +3.57%

Quantitative Analyst
Job Vacancy Trend in the City of London

Job postings that featured Quantitative Analyst in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Quantitative Analyst in the City of London

Quantitative Analyst
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Quantitative Analyst in the City of London.

Salary trend for Quantitative Analyst in the City of London

Quantitative Analyst
Salary Histogram in the City of London

Salary distribution for jobs citing Quantitative Analyst in the City of London over the 6 months to 5 May 2024.

Salary histogram for Quantitative Analyst in the City of London

Quantitative Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in the City of London

For the 6 months to 5 May 2024, Quantitative Analyst job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the City of London region featuring Quantitative Analyst in the job title.

1 13 (100.00%) Python
2 11 (84.62%) C++
3 10 (76.92%) C#
3 10 (76.92%) Statistics
3 10 (76.92%) Degree
3 10 (76.92%) Mathematics
3 10 (76.92%) Physics
4 9 (69.23%) Computer Science
4 9 (69.23%) PhD
4 9 (69.23%) Kalman Filter
4 9 (69.23%) Master's Degree
4 9 (69.23%) Data Science
4 9 (69.23%) Statistical Modelling
5 7 (53.85%) MATLAB
6 5 (38.46%) R
7 4 (30.77%) OOP
7 4 (30.77%) OO
8 3 (23.08%) Quantitative Analysis
8 3 (23.08%) SQL
8 3 (23.08%) VBA
8 3 (23.08%) Financial Institution
8 3 (23.08%) Finance
9 2 (15.38%) Risk Management
9 2 (15.38%) Data Architecture
9 2 (15.38%) Monte Carlo Method
9 2 (15.38%) CFA
9 2 (15.38%) Derivative
9 2 (15.38%) Banking
9 2 (15.38%) Algorithms
9 2 (15.38%) Reinsurance

Quantitative Analyst Skill Set
Co-occurring Skills and Capabilities in the City of London 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:

Database & Business Intelligence
1 1 (7.69%) Big Data
Development Applications
1 1 (7.69%) GDB
General
1 3 (23.08%) Finance
1 3 (23.08%) Financial Institution
2 2 (15.38%) Banking
2 2 (15.38%) Organisational Skills
3 1 (7.69%) Analytical Skills
Libraries, Frameworks & Software Standards
1 1 (7.69%) Boost C++ Libraries
1 1 (7.69%) COM
1 1 (7.69%) STL
1 1 (7.69%) XML
1 1 (7.69%) XSLT
Miscellaneous
1 2 (15.38%) Algorithms
1 2 (15.38%) Derivative
1 2 (15.38%) Reinsurance
2 1 (7.69%) Credit Derivative
2 1 (7.69%) Fixed Income
2 1 (7.69%) Self-Motivation
Processes & Methodologies
1 10 (76.92%) Mathematics
1 10 (76.92%) Physics
1 10 (76.92%) Statistics
2 9 (69.23%) Computer Science
2 9 (69.23%) Data Science
2 9 (69.23%) Kalman Filter
2 9 (69.23%) Statistical Modelling
3 4 (30.77%) OO
3 4 (30.77%) OOP
4 3 (23.08%) Quantitative Analysis
5 2 (15.38%) Data Architecture
5 2 (15.38%) Monte Carlo Method
5 2 (15.38%) Risk Management
6 1 (7.69%) Agile
6 1 (7.69%) Financial Modelling
6 1 (7.69%) Fintech
6 1 (7.69%) Mathematical Modelling
6 1 (7.69%) Pricing Analytics
6 1 (7.69%) Quantitative Research
6 1 (7.69%) Stochastic Calculus
Programming Languages
1 13 (100.00%) Python
2 11 (84.62%) C++
3 10 (76.92%) C#
4 7 (53.85%) MATLAB
5 5 (38.46%) R
6 3 (23.08%) SQL
6 3 (23.08%) VBA
7 1 (7.69%) Java
7 1 (7.69%) VC++
Qualifications
1 10 (76.92%) Degree
2 9 (69.23%) Master's Degree
2 9 (69.23%) PhD
3 2 (15.38%) CFA
Vendors
1 1 (7.69%) Microsoft
1 1 (7.69%) Oracle