The table below looks at the statistics for the Quantitative Developer role in IT jobs advertised for the City of London region. Included is a guide to the average salaries offered in IT jobs that have cited Quantitative Developer in their job title over the 3 months to 2 July 2015 with a comparison to the same period in the previous 2 years.

Location
3 months to
2 Jul 2015
Same period 2014 Same period 2013
Quant Developer
Rank 236 337 319
Rank change year-on-year
+101 -18
Permanent jobs requiring a Quantitative Developer 66 19 17
As % of all permanent IT jobs located in the City of London 0.65% 0.15% 0.14%
As % of the Job Titles category 0.70% 0.16% 0.15%
Number of salaries quoted 63 9 11
Average salary £75,000 £85,000 £62,500
Average salary % change year-on-year
-11.76% +36.00%
UK excluding London average salary - £62,500 £87,500
% change year-on-year
- -28.57%
Quantitative Developer
London

The following table is for comparison with the above and provides statistics for the entire Job Titles category in permanent jobs advertised in the City of London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of permanent jobs in the overall sample.

Job Titles Category
City of London
Permanent IT job ads with a match in the
Job Titles category
9422 11918 11324
As % of all permanent IT jobs located in the City of London 92.11% 92.55% 93.05%
Number of salaries quoted 8125 10076 9811
Average salary £55,000 £54,000 £52,500
Average salary % change year-on-year
+1.85% +2.85%
90% offered a salary of more than £33,500 £32,500 £32,500
10% offered a salary of more than £77,500 £77,500 £77,500
UK excluding London average salary £40,000 £40,000 £38,500
% change year-on-year
- +3.89%

Quantitative Developer
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of permanent IT jobs citing Quantitative Developer in the job title across the City of London region as a proportion of the total demand within the Job Titles category.

Quantitative Developer Jobs Demand Trend in the City of London

Quantitative Developer
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Quantitative Developer across the City of London region.

Quantitative Developer Salary Trend in the City of London

Quantitative Developer
Salary Histogram in the City of London

This chart provides a salary histogram for IT jobs citing Quantitative Developer across the City of London region over the 3 months to 2 July 2015.

Quantitative Developer Salary Histogram in the City of London

Quantitative Developer
Top 30 Related IT Skills in the City of London

For the 6 months to 2 July 2015, IT jobs across the City of London region that cited Quantitative Developer 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 IT job ads sampled with Quantitative Developer in their job title.

1 77 (64.17%) C++
2 67 (55.83%) Finance
3 56 (46.67%) Analytics
4 47 (39.17%) C#
5 44 (36.67%) Derivative
6 43 (35.83%) Front Office
7 36 (30.00%) Foreign Exchange (FX)
8 33 (27.50%) Java
8 33 (27.50%) VBA
8 33 (27.50%) OO
9 28 (23.33%) Degree
10 24 (20.00%) Python
11 22 (18.33%) Credit Risk
11 22 (18.33%) Monte Carlo Method
12 18 (15.00%) Mathematics
12 18 (15.00%) PhD
13 16 (13.33%) Windows
13 16 (13.33%) Banking
14 14 (11.67%) Agile Software Development
14 14 (11.67%) Subversion
14 14 (11.67%) Interest Rate Derivative
15 13 (10.83%) Refactoring
16 11 (9.17%) Computer Science
16 11 (9.17%) Wholesale Banking
16 11 (9.17%) Asset Management
17 10 (8.33%) OOP
17 10 (8.33%) Multithreading
18 9 (7.50%) Memory Management
18 9 (7.50%) UNIX
18 9 (7.50%) TDD

Quantitative Developer
Top Related IT Skills in the City of London by Category

For the 6 months to 2 July 2015, IT jobs across the City of London region that cited Quantitative Developer 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 IT job ads sampled with Quantitative Developer in their job title. Up to 20 skills are shown per category.

Application Platforms
1 2 (1.67%) SAS
Applications
1 1 (0.83%) MS Excel
1 1 (0.83%) Spreadsheet
Database & Business Intelligence
1 5 (4.17%) SQL Server
2 2 (1.67%) KDB
2 2 (1.67%) Hadoop
3 1 (0.83%) MongoDB
3 1 (0.83%) Relational Database
3 1 (0.83%) Data Mining
3 1 (0.83%) RDBMS
Development Applications
1 14 (11.67%) Subversion
2 2 (1.67%) Maven
3 1 (0.83%) Apache Ivy
3 1 (0.83%) Ant
3 1 (0.83%) Visual Studio
General
1 67 (55.83%) Finance
2 43 (35.83%) Front Office
3 16 (13.33%) Banking
4 11 (9.17%) Wholesale Banking
5 2 (1.67%) Investment Banking
Libraries, Frameworks & Software Standards
1 3 (2.50%) Qt
2 1 (0.83%) Boost C++ Libraries
2 1 (0.83%) SciPy
2 1 (0.83%) NumPy
2 1 (0.83%) AngularJS
2 1 (0.83%) Esper
2 1 (0.83%) Pandas
2 1 (0.83%) Apache Thrift
2 1 (0.83%) .NET
2 1 (0.83%) XML
2 1 (0.83%) XSLT
2 1 (0.83%) XML Schema
2 1 (0.83%) JNI
Miscellaneous
1 44 (36.67%) Derivative
2 36 (30.00%) Foreign Exchange (FX)
3 22 (18.33%) Credit Risk
4 18 (15.00%) Mathematics
5 14 (11.67%) Interest Rate Derivative
6 11 (9.17%) Computer Science
7 7 (5.83%) Fixed Income
8 5 (4.17%) Equity Derivative
8 5 (4.17%) Hedge funds
8 5 (4.17%) Analytical Skills
8 5 (4.17%) Algorithms
9 3 (2.50%) Physics
10 2 (1.67%) Equities
10 2 (1.67%) Statistics
11 1 (0.83%) Data Structures
11 1 (0.83%) Swaptions
11 1 (0.83%) Visualisation
Operating Systems
1 16 (13.33%) Windows
2 9 (7.50%) UNIX
3 5 (4.17%) Linux
Processes & Methodologies
1 56 (46.67%) Analytics
2 33 (27.50%) OO
3 22 (18.33%) Monte Carlo Method
4 14 (11.67%) Agile Software Development
5 13 (10.83%) Refactoring
6 11 (9.17%) Asset Management
7 10 (8.33%) Multithreading
7 10 (8.33%) OOP
8 9 (7.50%) TDD
8 9 (7.50%) Memory Management
9 8 (6.67%) RAD
9 8 (6.67%) Algorithmic Trading
10 6 (5.00%) Validation
10 6 (5.00%) FX Algorithmic Trading
11 5 (4.17%) Low Latency
12 4 (3.33%) Software Engineering
13 3 (2.50%) Enterprise Architecture
13 3 (2.50%) Financial Modelling
13 3 (2.50%) Electronic Trading
13 3 (2.50%) Migration
Programming Languages
1 77 (64.17%) C++
2 47 (39.17%) C#
3 33 (27.50%) Java
3 33 (27.50%) VBA
4 24 (20.00%) Python
5 5 (4.17%) R
6 4 (3.33%) MATLAB
7 3 (2.50%) Scala
8 2 (1.67%) VB
9 1 (0.83%) SQL
9 1 (0.83%) Shell Script
Qualifications
1 28 (23.33%) Degree
2 18 (15.00%) PhD
3 3 (2.50%) Postgraduate
Quality Assurance & Compliance
1 3 (2.50%) QA
2 1 (0.83%) Basel III
2 1 (0.83%) Basel II
Vendors
1 2 (1.67%) Sybase
2 1 (0.83%) Microsoft
2 1 (0.83%) Bloomberg
2 1 (0.83%) DataSynapse
2 1 (0.83%) Oracle