The median annual salary for a Quantitative Analyst was £65,000 in advertised job vacancies in the City of London during the 3 months to 23 June 2017.

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

Quant Analyst
London / City of London
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 230 253 308
Rank change year-on-year +23 +55  
Permanent jobs requiring a Quantitative Analyst 5 5 7
As % of all permanent IT jobs advertised in the City of London 0.096% 0.079% 0.067%
As % of the Job Titles category 0.10% 0.082% 0.071%
Number of salaries quoted 5 5 5
Median salary £65,000 £70,000 £62,500
Median salary % change year-on-year -7.14% +12.00%  
90% offered a salary of more than £55,000 £54,000 £44,500
10% offered a salary of more than £120,000 £77,500 £81,500
UK excluding London median salary - £37,500 £62,500
% change year-on-year - -40.00%  

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 4963 6109 9859
As % of all permanent IT job vacancies advertised in the City of London 95.35% 96.24% 94.92%
Number of salaries quoted 4438 5576 8450
Median salary £57,500 £57,500 £55,000
Median salary % change year-on-year - +4.54%  
90% offered a salary of more than £32,500 £35,000 £32,500
10% offered a salary of more than £85,000 £75,000 £80,000
UK excluding London median salary £42,500 £41,500 £40,000
% change year-on-year +2.40% +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 23 June 2017.

Salary histogram for Quantitative Analyst in the City of London

Quantitative Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 23 June 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 16 (76.19%) Front Office
1 16 (76.19%) C++
2 15 (71.43%) Risk Management
3 12 (57.14%) Finance
4 11 (52.38%) Advertising
5 9 (42.86%) Banking
5 9 (42.86%) Investment Banking
5 9 (42.86%) Python
5 9 (42.86%) PhD
5 9 (42.86%) C#
5 9 (42.86%) Swaptions
6 8 (38.10%) Mathematics
6 8 (38.10%) Stochastic Calculus
6 8 (38.10%) R
6 8 (38.10%) Foreign Exchange (FX)
6 8 (38.10%) MATLAB
7 7 (33.33%) Validation
7 7 (33.33%) Credit Risk Management
7 7 (33.33%) Financial Modelling
7 7 (33.33%) MiFID
7 7 (33.33%) Credit Risk
7 7 (33.33%) Market Risk
8 6 (28.57%) Degree
8 6 (28.57%) Physics
8 6 (28.57%) EMIR
8 6 (28.57%) Dodd-Frank
8 6 (28.57%) Master's Degree
9 5 (23.81%) Stress Testing
10 4 (19.05%) Quantitative Analysis
10 4 (19.05%) Benchmarking

Quantitative Analyst Skill Set
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 4 (19.05%) SAS
Applications
1 1 (4.76%) Microsoft Excel
General
1 16 (76.19%) Front Office
2 12 (57.14%) Finance
3 11 (52.38%) Advertising
4 9 (42.86%) Banking
4 9 (42.86%) Investment Banking
5 1 (4.76%) Back Office
Libraries, Frameworks & Software Standards
1 1 (4.76%) Middleware
Miscellaneous
1 9 (42.86%) Swaptions
2 8 (38.10%) Foreign Exchange (FX)
3 7 (33.33%) Credit Risk
3 7 (33.33%) Market Risk
4 2 (9.52%) Derivative
5 1 (4.76%) Analytical Skills
5 1 (4.76%) Computer Science
5 1 (4.76%) Equities
5 1 (4.76%) Fintech
5 1 (4.76%) Hedge funds
Processes & Methodologies
1 15 (71.43%) Risk Management
2 8 (38.10%) Mathematics
2 8 (38.10%) Stochastic Calculus
3 7 (33.33%) Credit Risk Management
3 7 (33.33%) Financial Modelling
3 7 (33.33%) Validation
4 6 (28.57%) Physics
5 5 (23.81%) Stress Testing
6 4 (19.05%) Benchmarking
6 4 (19.05%) Quantitative Analysis
6 4 (19.05%) Strategic Management
7 2 (9.52%) Statistics
8 1 (4.76%) Coaching
8 1 (4.76%) E-Commerce
8 1 (4.76%) Greeks
8 1 (4.76%) Machine Learning
8 1 (4.76%) Monte Carlo Method
8 1 (4.76%) Predictive Modelling
8 1 (4.76%) Presales
8 1 (4.76%) Process Improvement
Programming Languages
1 16 (76.19%) C++
2 9 (42.86%) C#
2 9 (42.86%) Python
3 8 (38.10%) MATLAB
3 8 (38.10%) R
4 4 (19.05%) SQL
5 1 (4.76%) Java
5 1 (4.76%) VBA
Qualifications
1 9 (42.86%) PhD
2 6 (28.57%) Degree
2 6 (28.57%) Master's Degree
Quality Assurance & Compliance
1 7 (33.33%) MiFID
2 6 (28.57%) Dodd-Frank
2 6 (28.57%) EMIR
3 4 (19.05%) Basel II
3 4 (19.05%) IFRS
3 4 (19.05%) IFRS 9
4 1 (4.76%) Basel III
City, London
Evolution Recruitment Solutions
Salary: 30,000 + BENEFITS
Posted: Yesterday