Period
to 23 November 2017

The median annual salary for a Quantitative Analyst was £70,000 in advertised job vacancies in the City of London during the 6 months to 23 November 2017.

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

Quant Analyst
Central London > City of London
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 287 329 402
Rank change year-on-year +42 +73 +49
Permanent jobs requiring a Quantitative Analyst 34 19 6
As % of all permanent IT jobs advertised in the City of London 0.33% 0.16% 0.035%
As % of the Job Titles category 0.35% 0.17% 0.037%
Number of salaries quoted 30 19 5
City of London median annual salary £70,000 £70,000 £150,000
Median salary % change year-on-year - -53.33% +114.29%
Central London median annual salary £70,000 £70,000 £150,000
% change year-on-year - -53.33% +114.29%

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

All Permanent IT Job Vacancies
City of London
Permanent vacancies in the City of London with a recognized job title 9690 11231 16273
% of permanent IT jobs with a recognized job title 94.78% 96.42% 95.77%
Number of salaries quoted 8777 10236 14140
City of London median annual salary £60,000 £57,500 £55,000
Median salary % change year-on-year +4.35% +4.55% -
10th Percentile £35,000 £33,750 £32,500
90th Percentile £92,500 £87,750 £87,500
Central London median annual salary £58,000 £57,500 £55,000
% change year-on-year +0.87% +4.55% +0.92%

Quantitative Analyst
Job Vacancy Trend in the City of London

Job postings that featured Quantitative Analyst in the job title as a percentage of all IT jobs advertised in the City of London.

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 6 months to 23 November 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 November 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 29 (85.29%) Finance
2 27 (79.41%) C#
3 22 (64.71%) C++
3 22 (64.71%) MATLAB
4 21 (61.76%) Mathematics
4 21 (61.76%) R
5 20 (58.82%) Front Office
6 19 (55.88%) Foreign Exchange (FX)
7 18 (52.94%) Risk Management
7 18 (52.94%) Validation
7 18 (52.94%) Financial Modelling
8 13 (38.24%) Java
9 12 (35.29%) Stochastic Calculus
10 11 (32.35%) Credit Risk
10 11 (32.35%) Market Risk
10 11 (32.35%) Hedge funds
10 11 (32.35%) MiFID
10 11 (32.35%) Credit Risk Management
11 10 (29.41%) Banking
11 10 (29.41%) Advertising
12 9 (26.47%) Project Management
12 9 (26.47%) Equities
12 9 (26.47%) Middleware
12 9 (26.47%) E-Commerce
12 9 (26.47%) Investment Banking
12 9 (26.47%) Physics
12 9 (26.47%) Creative Thinking
12 9 (26.47%) EMIR
12 9 (26.47%) Dodd-Frank
12 9 (26.47%) Coaching

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 2 (5.88%) SAS
Applications
1 2 (5.88%) Microsoft Excel
Database & Business Intelligence
1 8 (23.53%) SQL Server
2 1 (2.94%) Data Warehouse
2 1 (2.94%) QlikView
2 1 (2.94%) SQL Server Integration Services
2 1 (2.94%) SQL Server Reporting Services
Development Applications
1 5 (14.71%) Git (software)
1 5 (14.71%) JIRA
General
1 29 (85.29%) Finance
2 20 (58.82%) Front Office
3 10 (29.41%) Advertising
3 10 (29.41%) Banking
4 9 (26.47%) Investment Banking
5 1 (2.94%) Back Office
Libraries, Frameworks & Software Standards
1 9 (26.47%) Middleware
2 5 (14.71%) .NET
2 5 (14.71%) WPF
3 1 (2.94%) Node.js
3 1 (2.94%) RabbitMQ
Miscellaneous
1 19 (55.88%) Foreign Exchange (FX)
2 11 (32.35%) Credit Risk
2 11 (32.35%) Hedge funds
2 11 (32.35%) Market Risk
3 9 (26.47%) Equities
3 9 (26.47%) Fintech
4 3 (8.82%) Derivative
4 3 (8.82%) Fixed Income
5 2 (5.88%) Computer Science
6 1 (2.94%) Analytical Skills
6 1 (2.94%) Swaptions
Processes & Methodologies
1 21 (61.76%) Mathematics
2 18 (52.94%) Financial Modelling
2 18 (52.94%) Risk Management
2 18 (52.94%) Validation
3 12 (35.29%) Stochastic Calculus
4 11 (32.35%) Credit Risk Management
5 9 (26.47%) Coaching
5 9 (26.47%) Creative Thinking
5 9 (26.47%) E-Commerce
5 9 (26.47%) Physics
5 9 (26.47%) Presales
5 9 (26.47%) Process Improvement
5 9 (26.47%) Project Management
6 8 (23.53%) Asset Management
6 8 (23.53%) Quantitative Research
7 6 (17.65%) Analytics
8 3 (8.82%) Portfolio Management
8 3 (8.82%) Quantitative Analysis
8 3 (8.82%) Statistics
9 2 (5.88%) Stress Testing
Programming Languages
1 27 (79.41%) C#
2 22 (64.71%) C++
2 22 (64.71%) MATLAB
3 21 (61.76%) R
4 13 (38.24%) Java
5 6 (17.65%) Python
6 5 (14.71%) SQL
6 5 (14.71%) VBA
Qualifications
1 9 (26.47%) Degree
2 8 (23.53%) Master's Degree
3 7 (20.59%) PhD
4 1 (2.94%) Numerate Degree
Quality Assurance & Compliance
1 11 (32.35%) MiFID
2 9 (26.47%) Dodd-Frank
2 9 (26.47%) EMIR
3 2 (5.88%) Basel III
Vendors
1 5 (14.71%) Atlassian
2 1 (2.94%) Sybase
2 1 (2.94%) Tableau