Algorithm Engineer Jobs in East London

Algorithm Engineer
London > East London

The median Algorithm Engineer salary in East London is £120,000 per year according to job vacancies posted during the 6 months to 29 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
29 Apr 2024
Same period 2023 Same period 2022
Rank 34 - -
Rank change year-on-year - - -
Permanent jobs requiring an Algorithm Engineer 2 0 0
As % of all permanent jobs advertised in East London 0.80% - -
As % of the Job Titles category 1.08% - -
Number of salaries quoted 2 0 0
10th Percentile £99,500 - -
25th Percentile £106,250 - -
Median annual salary (50th Percentile) £120,000 - -
75th Percentile £131,250 - -
90th Percentile £136,500 - -
London median annual salary £115,000 £100,000 £110,000
% change year-on-year +15.00% -9.09% +15.79%

All Permanent IT Job Vacancies
East London

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in East 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 East London with a recognized job title 185 388 670
% of permanent jobs with a recognized job title 74.30% 87.78% 96.26%
Number of salaries quoted 153 273 446
10th Percentile £32,570 £32,050 £32,750
25th Percentile £40,000 £41,750 £47,500
Median annual salary (50th Percentile) £57,500 £55,000 £67,500
Median % change year-on-year +4.55% -18.52% +35.00%
75th Percentile £80,000 £72,500 £81,250
90th Percentile £150,000 £97,500 £100,000
London median annual salary £70,000 £72,500 £70,000
% change year-on-year -3.45% +3.57% -

Algorithm Engineer
Job Vacancy Trend in East London

Job postings that featured Algorithm Engineer in the job title as a proportion of all IT jobs advertised in East London.

Job vacancy trend for Algorithm Engineer in East London

Algorithm Engineer
Salary Trend in East London

3-month moving average salary quoted in jobs citing Algorithm Engineer in East London.

Salary trend for Algorithm Engineer in East London

Algorithm Engineer
Salary Histogram in East London

Salary distribution for jobs citing Algorithm Engineer in East London over the 6 months to 29 April 2024.

Salary histogram for Algorithm Engineer in East London

Algorithm Engineer
Job Locations in East London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Algorithm Engineer within the East London region over the 6 months to 29 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
Tower Hamlets - 2 £120,000 -
Algorithm Engineer
London

Algorithm Engineer Skill Set
Top 9 Co-occurring Skills and Capabilities in East London

For the 6 months to 29 April 2024, Algorithm Engineer 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 East London region featuring Algorithm Engineer in the job title.

1 2 (100.00%) Front Office
1 2 (100.00%) Fixed Income
1 2 (100.00%) Banking
1 2 (100.00%) Investment Banking
1 2 (100.00%) Software Engineering
1 2 (100.00%) Algorithmic Trading
1 2 (100.00%) Electronic Trading
1 2 (100.00%) TypeScript
1 2 (100.00%) React

Algorithm Engineer Skill Set
Co-occurring Skills and Capabilities in East 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:

General
1 2 (100.00%) Banking
1 2 (100.00%) Front Office
1 2 (100.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 2 (100.00%) React
Miscellaneous
1 2 (100.00%) Fixed Income
Processes & Methodologies
1 2 (100.00%) Algorithmic Trading
1 2 (100.00%) Electronic Trading
1 2 (100.00%) Software Engineering
Programming Languages
1 2 (100.00%) TypeScript