The median annual salary for a Quantitative Analyst was £77,500 in advertised job vacancies in the City of London during the 3 months to 22 March 2017.

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

3 months to
22 Mar 2017
Same period 2016 Same period 2015
Quant Analyst
London / City of London
Rank 207 262 308
Rank change year-on-year +55 +46  
Permanent jobs requiring a Quantitative Analyst 16 5 9
As % of all permanent IT jobs advertised in the City of London 0.32% 0.071% 0.089%
As % of the Job Titles category 0.33% 0.075% 0.093%
Number of salaries quoted 15 5 9
Median salary £77,500 £82,500 £70,000
Median salary % change year-on-year -6.06% +17.85%  
90% offered a salary of more than £61,000 £80,000 £50,000
10% offered a salary of more than £120,000 £119,000 £93,000
UK excluding London median salary - £55,000 -

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

IT Job Roles
City of London
Permanent job vacancies with a job title containing a recognized job role 4809 6702 9653
As % of all permanent IT job vacancies advertised in the City of London 95.93% 95.54% 95.47%
Number of salaries quoted 4416 5986 8221
Median salary £57,500 £57,500 £55,000
Median salary % change year-on-year - +4.54%  
90% offered a salary of more than £34,075 £35,000 £33,500
10% offered a salary of more than £85,000 £77,500 £81,500
UK excluding London median salary £42,000 £41,500 £40,000
% change year-on-year +1.20% +3.75%  

Quantitative Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Quantitative Analyst in the job title.

Job vacancy trend for Quantitative Analyst in the City of London

Quantitative Analyst
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT 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

The salary distribution of IT jobs citing Quantitative Analyst in the City of London over the 3 months to 22 March 2017.

Salary histogram for Quantitative Analyst in the City of London

Quantitative Analyst Skill Set
Top 30 Related IT Skills in the City of London

For the 6 months to 22 March 2017, Quantitative Analyst job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the City of London region featuring Quantitative Analyst in the job title.

1 19 (67.86%) Mathematics
2 18 (64.29%) Front Office
2 18 (64.29%) Finance
3 17 (60.71%) Risk Management
3 17 (60.71%) C++
4 15 (53.57%) Validation
4 15 (53.57%) R
5 14 (50.00%) MATLAB
6 11 (39.29%) Python
6 11 (39.29%) Advertising
6 11 (39.29%) Market Risk
7 10 (35.71%) Stochastic Calculus
7 10 (35.71%) Financial Modelling
7 10 (35.71%) MiFID
7 10 (35.71%) Credit Risk
7 10 (35.71%) Foreign Exchange (FX)
7 10 (35.71%) Credit Risk Management
8 9 (32.14%) EMIR
8 9 (32.14%) Dodd-Frank
8 9 (32.14%) SQL
8 9 (32.14%) Physics
8 9 (32.14%) Degree
9 8 (28.57%) PhD
9 8 (28.57%) C#
10 7 (25.00%) Banking
10 7 (25.00%) Investment Banking
11 6 (21.43%) Swaptions
11 6 (21.43%) Analytical Skills
12 5 (17.86%) Statistics
13 4 (14.29%) Statistical Analysis

Quantitative Analyst Skill Set
Top Related 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 2 (7.14%) SAS
Applications
1 1 (3.57%) MS Excel
Database & Business Intelligence
1 1 (3.57%) Big Data
1 1 (3.57%) Data Warehouse
1 1 (3.57%) SQL Server
General
1 18 (64.29%) Finance
1 18 (64.29%) Front Office
2 11 (39.29%) Advertising
3 7 (25.00%) Banking
3 7 (25.00%) Investment Banking
4 2 (7.14%) Games
Libraries, Frameworks & Software Standards
1 1 (3.57%) HTML
1 1 (3.57%) Middleware
Miscellaneous
1 11 (39.29%) Market Risk
2 10 (35.71%) Credit Risk
2 10 (35.71%) Foreign Exchange (FX)
3 6 (21.43%) Analytical Skills
3 6 (21.43%) Swaptions
4 4 (14.29%) Algorithms
5 3 (10.71%) Computer Science
6 2 (7.14%) Derivative
6 2 (7.14%) Equities
7 1 (3.57%) Fintech
7 1 (3.57%) Hedge funds
Processes & Methodologies
1 19 (67.86%) Mathematics
2 17 (60.71%) Risk Management
3 15 (53.57%) Validation
4 10 (35.71%) Credit Risk Management
4 10 (35.71%) Financial Modelling
4 10 (35.71%) Stochastic Calculus
5 9 (32.14%) Physics
6 5 (17.86%) Statistics
7 4 (14.29%) Algorithmic Trading
7 4 (14.29%) Statistical Analysis
8 3 (10.71%) Analytics
8 3 (10.71%) Predictive Modelling
8 3 (10.71%) Stress Testing
9 2 (7.14%) Benchmarking
9 2 (7.14%) Quantitative Analysis
9 2 (7.14%) Strategic Management
10 1 (3.57%) Asset Management
10 1 (3.57%) Data Analysis
10 1 (3.57%) E-Commerce
10 1 (3.57%) Project Management
Programming Languages
1 17 (60.71%) C++
2 15 (53.57%) R
3 14 (50.00%) MATLAB
4 11 (39.29%) Python
5 9 (32.14%) SQL
6 8 (28.57%) C#
7 2 (7.14%) VBA
8 1 (3.57%) Java
8 1 (3.57%) VB
Qualifications
1 9 (32.14%) Degree
2 8 (28.57%) PhD
Quality Assurance & Compliance
1 10 (35.71%) MiFID
2 9 (32.14%) Dodd-Frank
2 9 (32.14%) EMIR
3 2 (7.14%) Basel II
3 2 (7.14%) IFRS
3 2 (7.14%) IFRS 9
4 1 (3.57%) Basel III
Vendors
1 1 (3.57%) Oracle
City, London
JM
Salary: £60000 - £70000 per annum + Bonus + Benefits
Posted: 7 hours ago
City, London
McGregor Boyall
Posted: Yesterday
City, London
Harrington Starr
Posted: Yesterday