The median annual salary for a Quantitative Developer was £75,000 in advertised job vacancies in the City of London during the 3 months to 26 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
26 Mar 2017
Same period 2016 Same period 2015
Quant Developer
London / City of London
Rank 215 245 259
Rank change year-on-year +30 +14  
Permanent jobs requiring a Quantitative Developer 11 28 56
As % of all permanent IT jobs advertised in the City of London 0.22% 0.39% 0.55%
As % of the Job Titles category 0.23% 0.41% 0.57%
Number of salaries quoted 7 26 52
Median salary £75,000 £80,000 £87,750
Median salary % change year-on-year -6.25% -8.83%  
90% offered a salary of more than £54,500 £62,500 £80,000
10% offered a salary of more than £88,000 £103,750 £95,000
UK excluding London median salary - £57,500 £20,000
% change year-on-year - +187.50%  

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 4800 6788 9781
As % of all permanent IT job vacancies advertised in the City of London 95.88% 95.65% 95.40%
Number of salaries quoted 4408 6071 8330
Median salary £57,500 £57,500 £55,000
Median salary % change year-on-year - +4.54%  
90% offered a salary of more than £34,000 £35,000 £33,006
10% offered a salary of more than £85,000 £77,500 £80,000
UK excluding London median salary £42,000 £41,500 £40,000
% change year-on-year +1.20% +3.75%  

Quantitative Developer
Job Vacancy Trend in the City of London

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

Job vacancy trend for Quantitative Developer in the City of London

Quantitative Developer
Salary Trend in the City of London

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

Salary trend for Quantitative Developer in the City of London

Quantitative Developer
Salary Histogram in the City of London

The salary distribution of IT jobs citing Quantitative Developer in the City of London over the 3 months to 26 March 2017.

Salary histogram for Quantitative Developer in the City of London

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

For the 6 months to 26 March 2017, Quantitative Developer 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 Developer in the job title.

1 49 (87.50%) C++
1 49 (87.50%) Mathematics
2 30 (53.57%) Finance
3 28 (50.00%) C#
3 28 (50.00%) Python
4 24 (42.86%) Degree
4 24 (42.86%) Physics
5 23 (41.07%) Java
6 21 (37.50%) Derivative
7 16 (28.57%) Front Office
7 16 (28.57%) Computer Science
8 15 (26.79%) Hedge funds
8 15 (26.79%) SDLC
8 15 (26.79%) OO
9 14 (25.00%) Windows
9 14 (25.00%) Banking
10 13 (23.21%) Quantitative Finance
10 13 (23.21%) Risk Management
10 13 (23.21%) Market Risk
11 12 (21.43%) Multithreading
11 12 (21.43%) Linux
12 11 (19.64%) OOP
12 11 (19.64%) Subversion
12 11 (19.64%) Stochastic Modelling
12 11 (19.64%) Analytics
13 10 (17.86%) Functional Programming
13 10 (17.86%) Market Making
13 10 (17.86%) Equities
13 10 (17.86%) Foreign Exchange (FX)
14 8 (14.29%) .NET

Quantitative Developer 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 1 (1.79%) IPython
Cloud Services
1 3 (5.36%) Amazon AWS
1 3 (5.36%) GitHub
1 3 (5.36%) Microsoft Azure
Communications & Networking
1 3 (5.36%) TCP/IP
Database & Business Intelligence
1 4 (7.14%) SQL Server
2 3 (5.36%) Data Mining
2 3 (5.36%) Hadoop
2 3 (5.36%) NoSQL
Development Applications
1 11 (19.64%) Subversion
2 1 (1.79%) Atlassian Bamboo
2 1 (1.79%) Jenkins
2 1 (1.79%) JUnit
2 1 (1.79%) TestNG
General
1 30 (53.57%) Finance
2 16 (28.57%) Front Office
3 14 (25.00%) Banking
4 2 (3.57%) Investment Banking
5 1 (1.79%) Financial Institution
Libraries, Frameworks & Software Standards
1 8 (14.29%) .NET
2 5 (8.93%) NumPy
3 4 (7.14%) Boost C++ Libraries
3 4 (7.14%) Pandas
3 4 (7.14%) STL
4 3 (5.36%) HTML
4 3 (5.36%) OpenGL
4 3 (5.36%) scikit-cuda
4 3 (5.36%) WCF
4 3 (5.36%) WPF
5 2 (3.57%) SciPy
6 1 (1.79%) Guice
6 1 (1.79%) JAX-RS
6 1 (1.79%) JAX-WS
6 1 (1.79%) JSON
6 1 (1.79%) Middleware
6 1 (1.79%) Spring
6 1 (1.79%) Web Services
6 1 (1.79%) XML
Miscellaneous
1 21 (37.50%) Derivative
2 16 (28.57%) Computer Science
3 15 (26.79%) Hedge funds
4 13 (23.21%) Market Risk
5 10 (17.86%) Equities
5 10 (17.86%) Foreign Exchange (FX)
6 8 (14.29%) Fixed Income
7 5 (8.93%) Fintech
8 4 (7.14%) Algorithms
9 3 (5.36%) Credit Risk
9 3 (5.36%) CUDA
9 3 (5.36%) OTC Derivatives
10 1 (1.79%) Analytical Skills
10 1 (1.79%) Virtual Team
Operating Systems
1 14 (25.00%) Windows
2 12 (21.43%) Linux
3 7 (12.50%) Unix
Processes & Methodologies
1 49 (87.50%) Mathematics
2 24 (42.86%) Physics
3 15 (26.79%) OO
3 15 (26.79%) SDLC
4 13 (23.21%) Quantitative Finance
4 13 (23.21%) Risk Management
5 12 (21.43%) Multithreading
6 11 (19.64%) Analytics
6 11 (19.64%) OOP
6 11 (19.64%) Stochastic Modelling
7 10 (17.86%) Functional Programming
7 10 (17.86%) Market Making
8 6 (10.71%) High-Frequency Trading
8 6 (10.71%) Investment Management
8 6 (10.71%) Statistical Analysis
9 5 (8.93%) Low Latency
9 5 (8.93%) Statistics
10 4 (7.14%) Machine Learning
10 4 (7.14%) Process Improvement
10 4 (7.14%) Software Engineering
Programming Languages
1 49 (87.50%) C++
2 28 (50.00%) C#
2 28 (50.00%) Python
3 23 (41.07%) Java
4 4 (7.14%) C
4 4 (7.14%) JavaScript
4 4 (7.14%) MATLAB
4 4 (7.14%) R
4 4 (7.14%) SQL
4 4 (7.14%) VBA
5 3 (5.36%) T-SQL
6 2 (3.57%) Scala
7 1 (1.79%) Clojure
7 1 (1.79%) F#
7 1 (1.79%) Haskell
7 1 (1.79%) Kotlin
Qualifications
1 24 (42.86%) Degree
2 1 (1.79%) PhD
Quality Assurance & Compliance
1 1 (1.79%) Basel III
1 1 (1.79%) MiFID
1 1 (1.79%) QA
City, London
TEKsystems
Salary: £70000 - £140000 per annum + bonus and pension
Posted: 5 hours ago
City, London
TEKsystems
Salary: £50000 - £120000 per annum
Posted: Yesterday