Backtesting Jobs with Work from Home Options

Backtesting
UK > Work from Home

The table below provides summary statistics for permanent job vacancies with an option to work from home (WFH) and a requirement for Backtesting skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Backtesting over the 6 months to 8 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 583 653 810
Rank change year-on-year +70 +157 -251
Permanent jobs citing Backtesting 10 10 42
As % of all permanent jobs with a WFH option 0.030% 0.024% 0.061%
As % of the Processes & Methodologies category 0.032% 0.025% 0.063%
Number of salaries quoted 9 10 38
10th Percentile £59,750 £48,750 £110,000
25th Percentile £62,500 - £120,000
Median annual salary (50th Percentile) £92,500 £85,000 £125,000
Median % change year-on-year +8.82% -32.00% +38.89%
75th Percentile £142,500 £109,375 £130,000
90th Percentile £163,500 £117,500 £187,500
UK median annual salary £137,500 £98,442 £125,000
% change year-on-year +39.68% -21.25% +8.70%

All Process and Methodology Skills
Work from Home

Backtesting 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 with a WFH option and a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 30,965 39,955 66,612
As % of all permanent jobs with a WFH option 91.45% 96.10% 96.96%
Number of salaries quoted 23,443 27,739 41,261
10th Percentile £33,750 £37,500 £36,250
25th Percentile £42,500 £47,500 £45,750
Median annual salary (50th Percentile) £57,500 £62,500 £60,000
Median % change year-on-year -8.00% +4.17% +9.09%
75th Percentile £75,000 £82,500 £80,000
90th Percentile £95,000 £100,000 £95,000
UK median annual salary £55,000 £61,180 £60,000
% change year-on-year -10.10% +1.97% +9.09%

Backtesting
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Backtesting as a proportion of all IT jobs advertised.

Backtesting trend for jobs with a WFH option

Backtesting
Salary Trend for Jobs with a WFH Option

3-month moving average salary quoted in job vacancies with a work from home option citing Backtesting.

Backtesting salary trend for jobs with a WFH option

Backtesting
Salary Histogram for Jobs with a WFH Option

Salary distribution for jobs with a work from home option citing Backtesting over the 6 months to 8 May 2024.

Backtesting salary histogram for jobs with a WFH option

Backtesting
Co-occurring Skills and Capabilities with WFH Options 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 1 (10.00%) Jupyter
Applications
1 1 (10.00%) Microsoft Excel
Cloud Services
1 1 (10.00%) Power Platform
Communications & Networking
1 2 (20.00%) TCP/IP
Database & Business Intelligence
1 1 (10.00%) NoSQL
1 1 (10.00%) PostgreSQL
1 1 (10.00%) Power BI
1 1 (10.00%) SQL Server
1 1 (10.00%) SQL Server Analysis Services
1 1 (10.00%) SQL Server Integration Services
1 1 (10.00%) SQL Server Reporting Services
General
1 6 (60.00%) Finance
2 5 (50.00%) Social Skills
3 2 (20.00%) Financial Institution
4 1 (10.00%) Banking
4 1 (10.00%) Games
4 1 (10.00%) Inclusion and Diversity
4 1 (10.00%) Retail
Job Titles
1 6 (60.00%) Developer
2 4 (40.00%) Quantitative Developer
3 3 (30.00%) Python Developer
4 2 (20.00%) C++ Developer
4 2 (20.00%) Junior
4 2 (20.00%) SQL Developer
5 1 (10.00%) Analyst
5 1 (10.00%) Database Engineer
5 1 (10.00%) Market Analyst
5 1 (10.00%) Market Risk Analyst
5 1 (10.00%) Risk Analyst
5 1 (10.00%) Senior
5 1 (10.00%) Senior Analyst
5 1 (10.00%) Senior Risk Analyst
Libraries, Frameworks & Software Standards
1 2 (20.00%) STL
Miscellaneous
1 6 (60.00%) Hedge funds
2 5 (50.00%) Client/Server
3 4 (40.00%) Foreign Exchange (FX)
4 2 (20.00%) Equities
4 2 (20.00%) Fixed Income
4 2 (20.00%) FPGA
5 1 (10.00%) Algorithms
5 1 (10.00%) Data Structures
5 1 (10.00%) Distributed Computing
5 1 (10.00%) Market Risk
5 1 (10.00%) Renewable Energy
Operating Systems
1 3 (30.00%) Linux
Processes & Methodologies
1 6 (60.00%) Computer Science
2 5 (50.00%) Systematic Trading
3 4 (40.00%) Order Management
3 4 (40.00%) Problem-Solving
4 3 (30.00%) Mathematics
5 2 (20.00%) Collaborative Culture
5 2 (20.00%) Concurrent Programming
5 2 (20.00%) Data Science
5 2 (20.00%) Economics
5 2 (20.00%) Machine Learning
5 2 (20.00%) Multithreading
5 2 (20.00%) Physics
5 2 (20.00%) Predictive Modelling
5 2 (20.00%) Quantitative Trading
5 2 (20.00%) Software Engineering
6 1 (10.00%) Econometric Modelling
6 1 (10.00%) Event Correlation
6 1 (10.00%) High-Frequency Trading
6 1 (10.00%) Proprietary Trading
6 1 (10.00%) Quantitative Finance
Programming Languages
1 10 (100.00%) Python
2 4 (40.00%) SQL
3 3 (30.00%) C++
4 1 (10.00%) PL/SQL
4 1 (10.00%) PowerShell
4 1 (10.00%) Shell Script
4 1 (10.00%) T-SQL
4 1 (10.00%) VBA
Qualifications
1 8 (80.00%) Degree
1 8 (80.00%) Master's Degree
2 6 (60.00%) PhD
3 2 (20.00%) Computer Science Degree
Vendors
1 1 (10.00%) Dataiku
1 1 (10.00%) Microsoft