Quantitative Finance Jobs in London

Quantitative Finance (Mathematical Finance)
England > London

The following table provides summary statistics for permanent job vacancies advertised in London with a requirement for Quantitative Finance skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Quantitative Finance over the 6 months to 16 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
16 May 2024
Same period 2023 Same period 2022
Rank 477 610 850
Rank change year-on-year +133 +240 -251
Permanent jobs citing Quantitative Finance 23 12 37
As % of all permanent jobs advertised in London 0.097% 0.036% 0.054%
As % of the Processes & Methodologies category 0.11% 0.037% 0.055%
Number of salaries quoted 2 5 14
10th Percentile £139,000 £62,250 £80,000
25th Percentile £141,250 £86,250 £80,938
Median annual salary (50th Percentile) £167,500 £87,500 £93,750
Median % change year-on-year +91.43% -6.67% +2.74%
75th Percentile £203,750 £88,750 £130,000
90th Percentile £212,000 £127,000 -
England median annual salary £98,750 £87,500 £93,750
% change year-on-year +12.86% -6.67% +4.17%

All Process and Methodology Skills
London

Quantitative Finance is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in London with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 21,541 32,138 66,718
As % of all permanent jobs advertised in London 91.06% 95.35% 97.01%
Number of salaries quoted 15,921 23,160 34,012
10th Percentile £37,500 £43,241 £42,500
25th Percentile £51,500 £55,000 £53,750
Median annual salary (50th Percentile) £70,073 £75,000 £70,000
Median % change year-on-year -6.57% +7.14% -
75th Percentile £95,000 £95,000 £92,500
90th Percentile £115,000 £115,000 £111,250
England median annual salary £55,000 £62,500 £60,000
% change year-on-year -12.00% +4.17% +9.09%

Quantitative Finance
Job Vacancy Trend in London

Job postings citing Quantitative Finance as a proportion of all IT jobs advertised in London.

Job vacancy trend for Quantitative Finance in London

Quantitative Finance
Salary Trend in London

3-month moving average salary quoted in jobs citing Quantitative Finance in London.

Salary trend for Quantitative Finance in London

Quantitative Finance
Salary Histogram in London

Salary distribution for jobs citing Quantitative Finance in London over the 6 months to 16 May 2024.

Salary histogram for Quantitative Finance in London

Quantitative Finance
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Finance within the London region over the 6 months to 16 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
Central London +59 3 - - 4
Quantitative Finance
England

Quantitative Finance
Co-occurring Skills and Capabilities in 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:

Application Platforms
1 2 (8.70%) Apache
1 2 (8.70%) Apache Spark
2 1 (4.35%) SAS
Cloud Services
1 5 (21.74%) WhatsApp
2 4 (17.39%) AWS
3 1 (4.35%) Azure
3 1 (4.35%) Cloud Computing
Communications & Networking
1 3 (13.04%) FTP
Database & Business Intelligence
1 5 (21.74%) SQL Server
2 4 (17.39%) NoSQL
3 3 (13.04%) MongoDB
3 3 (13.04%) PostgreSQL
4 2 (8.70%) Hadoop
Development Applications
1 2 (8.70%) Git
General
1 23 (100.00%) Finance
2 11 (47.83%) Social Skills
3 9 (39.13%) Front Office
Job Titles
1 18 (78.26%) Developer
2 15 (65.22%) Quantitative Developer
3 12 (52.17%) Python Developer
4 4 (17.39%) Java Developer
5 3 (13.04%) Head of Development
6 2 (8.70%) Front Office Developer
6 2 (8.70%) Java Quantitative Developer
7 1 (4.35%) C++ Developer
7 1 (4.35%) C++ Quantitative Developer
7 1 (4.35%) Data Scientist
7 1 (4.35%) Lead
Libraries, Frameworks & Software Standards
1 8 (34.78%) NumPy
1 8 (34.78%) Pandas
2 5 (21.74%) React
3 4 (17.39%) .NET
4 3 (13.04%) AngularJS
4 3 (13.04%) CSS
4 3 (13.04%) FastAPI
4 3 (13.04%) FIX Protocol
4 3 (13.04%) HTML
4 3 (13.04%) Kafka
4 3 (13.04%) RabbitMQ
4 3 (13.04%) REST
4 3 (13.04%) Spring
4 3 (13.04%) Spring Boot
5 2 (8.70%) Apache Commons
Miscellaneous
1 13 (56.52%) Hedge funds
2 6 (26.09%) Algorithms
3 4 (17.39%) Equities
4 2 (8.70%) Distributed Computing
4 2 (8.70%) Greenfield Project
Operating Systems
1 5 (21.74%) Linux
Processes & Methodologies
1 16 (69.57%) Computer Science
1 16 (69.57%) Mathematics
2 11 (47.83%) Data Analysis
3 10 (43.48%) Quantitative Research
4 9 (39.13%) Agile
5 7 (30.43%) Algorithmic Trading
5 7 (30.43%) Analytics
5 7 (30.43%) Risk Management
6 6 (26.09%) Decision-Making
6 6 (26.09%) Physics
6 6 (26.09%) Statistics
7 5 (21.74%) Econometrics
7 5 (21.74%) Machine Learning
7 5 (21.74%) OO
8 4 (17.39%) Project Management
8 4 (17.39%) Statistical Modelling
9 3 (13.04%) Continuous Improvement
9 3 (13.04%) Data Analytics
9 3 (13.04%) RAD
9 3 (13.04%) Visualisation
Programming Languages
1 23 (100.00%) Python
2 13 (56.52%) C++
3 12 (52.17%) Java
4 9 (39.13%) SQL
5 6 (26.09%) JavaScript
6 3 (13.04%) Clojure
6 3 (13.04%) Groovy
6 3 (13.04%) Scala
7 1 (4.35%) R
Qualifications
1 17 (73.91%) Degree
2 8 (34.78%) Master's Degree
3 7 (30.43%) PhD
4 2 (8.70%) Computer Science Degree
Quality Assurance & Compliance
1 3 (13.04%) MiFID
Vendors
1 3 (13.04%) Bloomberg
1 3 (13.04%) Reuters