Period
to 15 December 2018

The following table provides summary statistics for permanent job vacancies advertised in the City of London with 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 15 December 2018 with a comparison to the same period in the previous 2 years.

Backtesting
Central London > City of London
6 months to
15 Dec 2018
Same period 2017 Same period 2016
Rank 337 324 332
Rank change year-on-year -13 +8 +71
Permanent jobs citing Backtesting 5 7 10
As % of all permanent IT jobs advertised in the City of London 0.047% 0.067% 0.088%
As % of the Processes & Methodologies category 0.052% 0.072% 0.097%
Number of salaries quoted 4 7 7
City of London median annual salary £70,000 £45,000 £72,500
Median salary % change year-on-year +55.56% -37.93% +16.00%
10th Percentile £40,000 £42,500 £60,000
90th Percentile £109,375 £68,750 £102,250
Central London median annual salary £70,000 £45,000 £72,500
% change year-on-year +55.56% -37.93% +16.00%

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 advertised in the City of London with a requirement for process or methodology skills.

All Process and Methodology Skills
City of London
Permanent vacancies with a requirement for process or methodology skills 9,708 9,668 10,305
As % of all permanent IT jobs advertised in the City of London 91.86% 92.95% 91.02%
Number of salaries quoted 8,689 8,726 9,381
City of London median annual salary £65,000 £60,000 £60,000
Median salary % change year-on-year +8.33% - +4.35%
10th Percentile £36,750 £36,250 £35,000
90th Percentile £95,000 £95,000 £90,000
Central London median annual salary £65,000 £60,000 £57,500
% change year-on-year +8.33% +4.35% -

Backtesting
Job Vacancy Trend in the City of London

Job postings citing Backtesting as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Backtesting in the City of London

Backtesting
Salary Trend in the City of London

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

Salary trend for Backtesting in the City of London

Backtesting
Salary Histogram in the City of London

The salary distribution of IT jobs citing Backtesting in the City of London over the 6 months to 15 December 2018.

Salary histogram for Backtesting in the City of London

For the 6 months to 15 December 2018, IT jobs citing Backtesting also mentioned the following skills 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 with a requirement for Backtesting.

1 4 (80.00%) Finance
2 3 (60.00%) C++
2 3 (60.00%) SQL
2 3 (60.00%) Linux
2 3 (60.00%) Data Structures
3 2 (40.00%) Continuous Improvement
3 2 (40.00%) Dynamics NAV
3 2 (40.00%) Dynamics CRM
3 2 (40.00%) Dynamics AX
3 2 (40.00%) User Acceptance Testing
3 2 (40.00%) Magento
3 2 (40.00%) Hedge funds
3 2 (40.00%) ERP
3 2 (40.00%) Python
3 2 (40.00%) CRM
3 2 (40.00%) E-Commerce
3 2 (40.00%) T-SQL
3 2 (40.00%) SQL Server
3 2 (40.00%) SOAP
3 2 (40.00%) Web Services
3 2 (40.00%) XML
3 2 (40.00%) Retail
3 2 (40.00%) SQL Server Reporting Services
3 2 (40.00%) Spring
3 2 (40.00%) PLM
3 2 (40.00%) Microsoft
4 1 (20.00%) Foreign Exchange (FX)
4 1 (20.00%) Equities
4 1 (20.00%) Front Office
4 1 (20.00%) C

Backtesting
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (20.00%) IPython
Business Applications
1 2 (40.00%) Dynamics AX
1 2 (40.00%) Dynamics CRM
1 2 (40.00%) Dynamics NAV
1 2 (40.00%) Magento
Database & Business Intelligence
1 2 (40.00%) SQL Server
1 2 (40.00%) SQL Server Reporting Services
General
1 4 (80.00%) Finance
2 2 (40.00%) Retail
3 1 (20.00%) Front Office
Job Titles
1 3 (60.00%) Developer
1 3 (60.00%) Quantitative Developer
2 2 (40.00%) Analyst
2 2 (40.00%) Applications Support
2 2 (40.00%) Applications Support Analyst
2 2 (40.00%) Support Analyst
3 1 (20.00%) C++ Developer
3 1 (20.00%) C++ Quantitative Developer
3 1 (20.00%) Python Developer
Libraries, Frameworks & Software Standards
1 2 (40.00%) SOAP
1 2 (40.00%) Spring
1 2 (40.00%) Web Services
1 2 (40.00%) XML
2 1 (20.00%) Flask
2 1 (20.00%) NumPy
2 1 (20.00%) Pandas
Miscellaneous
1 3 (60.00%) Data Structures
2 2 (40.00%) Hedge funds
3 1 (20.00%) Algorithms
3 1 (20.00%) Client/Server
3 1 (20.00%) Equities
3 1 (20.00%) Foreign Exchange (FX)
Operating Systems
1 3 (60.00%) Linux
2 1 (20.00%) Windows
Processes & Methodologies
1 2 (40.00%) Continuous Improvement
1 2 (40.00%) CRM
1 2 (40.00%) E-Commerce
1 2 (40.00%) ERP
1 2 (40.00%) PLM
1 2 (40.00%) User Acceptance Testing
2 1 (20.00%) Analytics
2 1 (20.00%) Automated Trading
2 1 (20.00%) High-Frequency Trading
2 1 (20.00%) Machine Learning
2 1 (20.00%) Market Making
2 1 (20.00%) OO
2 1 (20.00%) OOD
Programming Languages
1 3 (60.00%) C++
1 3 (60.00%) SQL
2 2 (40.00%) Python
2 2 (40.00%) T-SQL
3 1 (20.00%) Bash Shell
3 1 (20.00%) C
3 1 (20.00%) Cython
3 1 (20.00%) R
Vendors
1 2 (40.00%) Microsoft