The median annual salary for a Quantitative Developer was £115,000 in advertised job vacancies in the City of London during the 3 months to 27 June 2017.

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

Quant Developer
London / City of London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 215 237 246
Rank change year-on-year +22 +9  
Permanent jobs requiring a Quantitative Developer 18 27 77
As % of all permanent IT jobs advertised in the City of London 0.35% 0.42% 0.76%
As % of the Job Titles category 0.37% 0.44% 0.80%
Number of salaries quoted 15 27 75
Median salary £115,000 £72,500 £75,000
Median salary % change year-on-year +58.62% -3.33%  
UK excluding London median salary - - -

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 4929 6144 9676
As % of all permanent IT job vacancies advertised in the City of London 95.34% 96.14% 94.99%
Number of salaries quoted 4401 5597 8291
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 £75,500 £80,000
UK excluding London median salary £42,500 £41,500 £40,000
% change year-on-year +2.40% +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 27 June 2017.

Salary histogram for Quantitative Developer in the City of London

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

For the 6 months to 27 June 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 24 (82.76%) Java
2 22 (75.86%) Finance
3 17 (58.62%) Derivative
4 16 (55.17%) Mathematics
4 16 (55.17%) C++
5 13 (44.83%) Agile Software Development
6 12 (41.38%) Foreign Exchange (FX)
7 10 (34.48%) Algorithmic Trading
8 9 (31.03%) Python
8 9 (31.03%) C#
8 9 (31.03%) Scrum
9 8 (27.59%) Degree
9 8 (27.59%) OO
10 7 (24.14%) Banking
10 7 (24.14%) Equities
11 6 (20.69%) Physics
11 6 (20.69%) Risk Management
12 5 (17.24%) Computer Science
12 5 (17.24%) Hedge funds
13 4 (13.79%) OTC Derivatives
13 4 (13.79%) Front Office
13 4 (13.79%) Numerate Degree
14 3 (10.34%) Financial Institution
14 3 (10.34%) OOD
14 3 (10.34%) C
14 3 (10.34%) Multithreading
14 3 (10.34%) Market Risk
14 3 (10.34%) Fintech
14 3 (10.34%) Analytics
15 2 (6.90%) Pandas

Quantitative Developer 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 1 (3.45%) IPython
Applications
1 1 (3.45%) Microsoft Excel
Business Applications
1 1 (3.45%) Capstone
Database & Business Intelligence
1 1 (3.45%) KDB
1 1 (3.45%) MongoDB
1 1 (3.45%) SQL Server
Development Applications
1 2 (6.90%) Subversion
2 1 (3.45%) Atlassian Bamboo
2 1 (3.45%) Jenkins
2 1 (3.45%) JIRA
2 1 (3.45%) JUnit
2 1 (3.45%) Maven
2 1 (3.45%) TestNG
General
1 22 (75.86%) Finance
2 7 (24.14%) Banking
3 4 (13.79%) Front Office
4 3 (10.34%) Financial Institution
5 2 (6.90%) Investment Banking
Libraries, Frameworks & Software Standards
1 2 (6.90%) .NET
1 2 (6.90%) NumPy
1 2 (6.90%) Pandas
1 2 (6.90%) SciPy
2 1 (3.45%) AngularJS
2 1 (3.45%) Esper
2 1 (3.45%) FIX Protocol
2 1 (3.45%) Guice
2 1 (3.45%) J2SE
2 1 (3.45%) Java SE
2 1 (3.45%) JAX-RS
2 1 (3.45%) JAX-WS
2 1 (3.45%) JSON
2 1 (3.45%) Middleware
2 1 (3.45%) Pyramid
2 1 (3.45%) Spring
2 1 (3.45%) Web Services
2 1 (3.45%) XML
Miscellaneous
1 17 (58.62%) Derivative
2 12 (41.38%) Foreign Exchange (FX)
3 7 (24.14%) Equities
4 5 (17.24%) Computer Science
4 5 (17.24%) Hedge funds
5 4 (13.79%) OTC Derivatives
6 3 (10.34%) Fintech
6 3 (10.34%) Market Risk
7 2 (6.90%) Fixed Income
8 1 (3.45%) Algorithms
8 1 (3.45%) Contract for Difference
8 1 (3.45%) Credit Risk
8 1 (3.45%) Greenfield Project
Operating Systems
1 1 (3.45%) Linux
1 1 (3.45%) Unix
Processes & Methodologies
1 16 (55.17%) Mathematics
2 13 (44.83%) Agile Software Development
3 10 (34.48%) Algorithmic Trading
4 9 (31.03%) Scrum
5 8 (27.59%) OO
6 6 (20.69%) Physics
6 6 (20.69%) Risk Management
7 3 (10.34%) Analytics
7 3 (10.34%) Multithreading
7 3 (10.34%) OOD
8 2 (6.90%) Continuous Integration
8 2 (6.90%) Financial Modelling
8 2 (6.90%) OOP
8 2 (6.90%) Quantitative Finance
8 2 (6.90%) Software Engineering
8 2 (6.90%) Stochastic Modelling
8 2 (6.90%) Systematic Trading
9 1 (3.45%) Credit Risk Management
9 1 (3.45%) High-Frequency Trading
9 1 (3.45%) Multithreaded Programming
Programming Languages
1 24 (82.76%) Java
2 16 (55.17%) C++
3 9 (31.03%) C#
3 9 (31.03%) Python
4 3 (10.34%) C
5 2 (6.90%) Scala
5 2 (6.90%) SQL
6 1 (3.45%) Clojure
6 1 (3.45%) F#
6 1 (3.45%) Haskell
6 1 (3.45%) JavaScript
6 1 (3.45%) Kotlin
6 1 (3.45%) MATLAB
6 1 (3.45%) R
6 1 (3.45%) VBA
Qualifications
1 8 (27.59%) Degree
2 4 (13.79%) Numerate Degree
3 1 (3.45%) Computer Science Degree
3 1 (3.45%) Master's Degree
3 1 (3.45%) PhD
Quality Assurance & Compliance
1 1 (3.45%) Basel III
1 1 (3.45%) MiFID
1 1 (3.45%) QA
Vendors
1 1 (3.45%) Oracle
City, London
Deerfoot IT Resources Ltd
Salary: Competitive salary and excellent benefits
Posted: 3 days ago
City, London
Aglow Talent Ltd
Salary: From £50,000 to £90,000 per annum + bonus and excellent benefits
Posted: 5 days ago