Quantitative Developer Jobs in the City of London

Quant Developer
Central London > City of London

The median Quant Developer salary in the City of London is £125,000 per year according to job vacancies posted during the 6 months to 23 April 2024.

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

6 months to
23 Apr 2024
Same period 2023 Same period 2022
Rank 160 228 255
Rank change year-on-year +68 +27 -54
Permanent jobs requiring a Quantitative Developer 17 5 27
As % of all permanent jobs advertised in the City of London 0.51% 0.10% 0.38%
As % of the Job Titles category 0.53% 0.11% 0.40%
Number of salaries quoted 12 5 27
10th Percentile £66,625 - £76,250
25th Percentile £78,438 £48,750 £77,500
Median annual salary (50th Percentile) £125,000 £105,000 £85,000
Median % change year-on-year +19.05% +23.53% +3.03%
75th Percentile £147,500 £142,500 £93,750
90th Percentile £172,250 £184,500 £105,500
Central London median annual salary £125,000 £105,000 £85,000
% change year-on-year +19.05% +23.53% +3.03%

All Permanent IT Job Vacancies
City of London

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.

Permanent vacancies in the City of London with a recognized job title 3,207 4,652 6,731
% of permanent jobs with a recognized job title 95.76% 96.47% 95.73%
Number of salaries quoted 2,570 3,918 5,643
10th Percentile £41,225 £42,500 £43,750
25th Percentile £53,250 £55,000 £56,250
Median annual salary (50th Percentile) £73,750 £75,000 £72,500
Median % change year-on-year -1.67% +3.45% -
75th Percentile £95,000 £97,500 £93,750
90th Percentile £112,500 £112,500 £110,000
Central London median annual salary £72,500 £75,000 £72,500
% change year-on-year -3.33% +3.45% +3.57%

Quantitative Developer
Job Vacancy Trend in the City of London

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

Job vacancy trend for Quantitative Developer in the City of London

Quantitative Developer
Salary Trend in the City of London

3-month moving average salary quoted in 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

Salary distribution for jobs citing Quantitative Developer in the City of London over the 6 months to 23 April 2024.

Salary histogram for Quantitative Developer in the City of London

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

For the 6 months to 23 April 2024, Quantitative Developer job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the City of London region featuring Quantitative Developer in the job title.

1 11 (64.71%) Python
2 10 (58.82%) Degree
3 8 (47.06%) Java
3 8 (47.06%) Finance
4 7 (41.18%) Mathematics
5 6 (35.29%) Computer Science
5 6 (35.29%) Linux
5 6 (35.29%) C++
5 6 (35.29%) High-Frequency Trading
6 5 (29.41%) Low Latency
6 5 (29.41%) Proprietary Trading
6 5 (29.41%) Agile
6 5 (29.41%) Software Engineering
7 4 (23.53%) Algorithmic Trading
7 4 (23.53%) Analytics
7 4 (23.53%) Risk Management
7 4 (23.53%) Foreign Exchange (FX)
7 4 (23.53%) Social Skills
8 3 (17.65%) Observability
8 3 (17.65%) Model Validation
8 3 (17.65%) Ultra-Low Latency
8 3 (17.65%) PhD
8 3 (17.65%) C#
8 3 (17.65%) Multicast
8 3 (17.65%) Algorithms
8 3 (17.65%) Physics
8 3 (17.65%) FIX Protocol
8 3 (17.65%) WebSockets
9 2 (11.76%) Machine Learning
9 2 (11.76%) Big Data

Quantitative Developer Skill Set
Co-occurring Skills and Capabilities in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (5.88%) Apache
Applications
1 2 (11.76%) Microsoft Excel
Cloud Services
1 2 (11.76%) Power Platform
2 1 (5.88%) Cloud Computing
Communications & Networking
1 3 (17.65%) Multicast
Database & Business Intelligence
1 2 (11.76%) Big Data
1 2 (11.76%) Power BI
1 2 (11.76%) SQL Server
1 2 (11.76%) SQL Server Reporting Services
2 1 (5.88%) Flink
Development Applications
1 1 (5.88%) Mockito
General
1 8 (47.06%) Finance
2 4 (23.53%) Social Skills
3 2 (11.76%) Advertising
3 2 (11.76%) Analytical Skills
3 2 (11.76%) Front Office
4 1 (5.88%) Financial Institution
Libraries, Frameworks & Software Standards
1 3 (17.65%) FIX Protocol
1 3 (17.65%) WebSockets
2 1 (5.88%) gRPC
2 1 (5.88%) Kafka
2 1 (5.88%) NumPy
2 1 (5.88%) Pandas
2 1 (5.88%) scikit-learn
Miscellaneous
1 4 (23.53%) Foreign Exchange (FX)
2 3 (17.65%) Algorithms
3 2 (11.76%) Equities
4 1 (5.88%) Cyber Threat
4 1 (5.88%) Derivative
4 1 (5.88%) Fixed Income
4 1 (5.88%) Greenfield Project
Operating Systems
1 6 (35.29%) Linux
Processes & Methodologies
1 7 (41.18%) Mathematics
2 6 (35.29%) Computer Science
2 6 (35.29%) High-Frequency Trading
3 5 (29.41%) Agile
3 5 (29.41%) Low Latency
3 5 (29.41%) Proprietary Trading
3 5 (29.41%) Software Engineering
4 4 (23.53%) Algorithmic Trading
4 4 (23.53%) Analytics
4 4 (23.53%) Risk Management
5 3 (17.65%) Model Validation
5 3 (17.65%) Observability
5 3 (17.65%) Physics
5 3 (17.65%) Ultra-Low Latency
6 2 (11.76%) Business Intelligence
6 2 (11.76%) Data Extraction
6 2 (11.76%) Data Management
6 2 (11.76%) Machine Learning
6 2 (11.76%) Stochastic Calculus
6 2 (11.76%) Validation
Programming Languages
1 11 (64.71%) Python
2 8 (47.06%) Java
3 6 (35.29%) C++
4 3 (17.65%) C#
5 2 (11.76%) SQL
5 2 (11.76%) T-SQL
5 2 (11.76%) VBA
Qualifications
1 10 (58.82%) Degree
2 3 (17.65%) PhD
3 2 (11.76%) Computer Science Degree
3 2 (11.76%) Master's Degree
4 1 (5.88%) Numerate Degree
Systems Management
1 1 (5.88%) Kubernetes
Vendors
1 2 (11.76%) Microsoft
2 1 (5.88%) Solace