The median annual salary for a Quantitative Developer was £107,500 in advertised job vacancies in London during the 3 months to 25 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
England / London
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 482 501 551
Rank change year-on-year +19 +50  
Permanent jobs requiring a Quantitative Developer 130 136 130
As % of all permanent IT jobs advertised in London 0.36% 0.34% 0.29%
As % of the Job Titles category 0.38% 0.36% 0.30%
Number of salaries quoted 74 132 122
Median salary £107,500 £80,000 £80,000
Median salary % change year-on-year +34.37% -  
90% offered a salary of more than £60,000 £60,000 £55,000
10% offered a salary of more than £120,000 £100,000 £110,000
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 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
London
Permanent job vacancies with a job title containing a recognized job role 34435 37857 42919
As % of all permanent IT job vacancies advertised in London 94.83% 95.92% 95.87%
Number of salaries quoted 27911 32929 36278
Median salary £57,500 £55,000 £55,000
Median salary % change year-on-year +4.54% -  
90% offered a salary of more than £32,500 £32,500 £32,500
10% offered a salary of more than £82,500 £80,000 £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 London

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

Job vacancy trend for Quantitative Developer in London

Quantitative Developer
Salary Trend in London

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

Salary trend for Quantitative Developer in London

Quantitative Developer
Salary Histogram in London

The salary distribution of IT jobs citing Quantitative Developer in London over the 3 months to 25 June 2017.

Salary histogram for Quantitative Developer in London

Quantitative Developer
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Developer within the London region over the 3 months to 25 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +18 17 £115,000 +58.62% 2
Canary Wharf - 1 - -
Quantitative Developer
England

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

For the 6 months to 25 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 London region featuring Quantitative Developer in the job title.

1 141 (75.40%) Finance
2 110 (58.82%) C++
3 97 (51.87%) Python
4 91 (48.66%) Java
5 90 (48.13%) Mathematics
6 79 (42.25%) Banking
7 77 (41.18%) Analytics
8 71 (37.97%) Asset Management
9 66 (35.29%) SQL
10 64 (34.22%) Foreign Exchange (FX)
11 63 (33.69%) Derivative
12 62 (33.16%) Agile Software Development
13 61 (32.62%) C#
14 57 (30.48%) Investment Banking
15 56 (29.95%) Degree
16 50 (26.74%) Front Office
17 44 (23.53%) Retail
18 43 (22.99%) Retail Banking
18 43 (22.99%) Wealth Management
19 42 (22.46%) Multithreading
20 40 (21.39%) Computer Science
21 38 (20.32%) PhD
22 37 (19.79%) Analytical Skills
23 36 (19.25%) Low Latency
23 36 (19.25%) Risk Management
24 33 (17.65%) R
25 32 (17.11%) Physics
26 31 (16.58%) Master's Degree
27 29 (15.51%) Hedge funds
27 29 (15.51%) SQL Server

Quantitative Developer Skill Set
Co-occurring IT Skills in 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 3 (1.60%) SAS
2 2 (1.07%) IPython
Applications
1 21 (11.23%) Microsoft Excel
2 15 (8.02%) Spreadsheet
3 3 (1.60%) Stata
Business Applications
1 1 (0.53%) Capstone
Database & Business Intelligence
1 29 (15.51%) SQL Server
2 20 (10.70%) Data Warehouse
2 20 (10.70%) OLAP
2 20 (10.70%) Oracle OLAP
3 5 (2.67%) MongoDB
4 4 (2.14%) Big Data
5 2 (1.07%) NoSQL
6 1 (0.53%) KDB
Development Applications
1 2 (1.07%) Subversion
2 1 (0.53%) Atlassian Bamboo
2 1 (0.53%) Git (software)
2 1 (0.53%) Jenkins
2 1 (0.53%) JUnit
2 1 (0.53%) Maven
2 1 (0.53%) Team Foundation Server
2 1 (0.53%) TestNG
2 1 (0.53%) Visual Studio
General
1 141 (75.40%) Finance
2 79 (42.25%) Banking
3 57 (30.48%) Investment Banking
4 50 (26.74%) Front Office
5 44 (23.53%) Retail
6 43 (22.99%) Retail Banking
7 8 (4.28%) Financial Institution
8 1 (0.53%) Telecoms
Libraries, Frameworks & Software Standards
1 7 (3.74%) .NET
2 6 (3.21%) NumPy
3 5 (2.67%) SciPy
4 4 (2.14%) Pandas
5 3 (1.60%) AngularJS
5 3 (1.60%) XML
6 2 (1.07%) Boost C++ Libraries
6 2 (1.07%) Flask
6 2 (1.07%) J2SE
6 2 (1.07%) STL
7 1 (0.53%) .NET Framework
7 1 (0.53%) Ajax
7 1 (0.53%) Esper
7 1 (0.53%) JAX-RS
7 1 (0.53%) JSON
7 1 (0.53%) Middleware
7 1 (0.53%) Pyramid
7 1 (0.53%) Spring
7 1 (0.53%) WCF
7 1 (0.53%) Web Services
Miscellaneous
1 64 (34.22%) Foreign Exchange (FX)
2 63 (33.69%) Derivative
3 40 (21.39%) Computer Science
4 37 (19.79%) Analytical Skills
5 29 (15.51%) Hedge funds
6 20 (10.70%) Enterprise Software
7 18 (9.63%) Fixed Income
8 14 (7.49%) Algorithms
9 12 (6.42%) Equities
10 11 (5.88%) Data Structures
10 11 (5.88%) Greenfield Project
11 5 (2.67%) Fintech
12 4 (2.14%) Market Risk
12 4 (2.14%) OTC Derivatives
12 4 (2.14%) Swaptions
13 3 (1.60%) Client/Server
14 2 (1.07%) CUDA
15 1 (0.53%) Credit Risk
15 1 (0.53%) Interest Rate Derivative
15 1 (0.53%) Social Media
Operating Systems
1 25 (13.37%) Unix
2 7 (3.74%) Linux
3 2 (1.07%) Windows
Processes & Methodologies
1 90 (48.13%) Mathematics
2 77 (41.18%) Analytics
3 71 (37.97%) Asset Management
4 62 (33.16%) Agile Software Development
5 43 (22.99%) Wealth Management
6 42 (22.46%) Multithreading
7 36 (19.25%) Low Latency
7 36 (19.25%) Risk Management
8 32 (17.11%) Physics
9 27 (14.44%) Electronic Trading
10 26 (13.90%) Market Making
11 24 (12.83%) Quantitative Research
12 23 (12.30%) Data Analytics
12 23 (12.30%) OO
12 23 (12.30%) Software Delivery
13 20 (10.70%) Release Management
14 17 (9.09%) Algorithmic Trading
15 16 (8.56%) Validation
16 12 (6.42%) Financial Modelling
16 12 (6.42%) OOP
Programming Languages
1 110 (58.82%) C++
2 97 (51.87%) Python
3 91 (48.66%) Java
4 66 (35.29%) SQL
5 61 (32.62%) C#
6 33 (17.65%) R
7 22 (11.76%) Perl
8 20 (10.70%) PL/SQL
8 20 (10.70%) VBA
9 14 (7.49%) MATLAB
10 7 (3.74%) C
11 4 (2.14%) Fortran
12 3 (1.60%) JavaScript
13 2 (1.07%) Scala
14 1 (0.53%) Clojure
14 1 (0.53%) F#
14 1 (0.53%) Go
14 1 (0.53%) Haskell
14 1 (0.53%) Ruby
14 1 (0.53%) Shell Script
Qualifications
1 56 (29.95%) Degree
2 38 (20.32%) PhD
3 31 (16.58%) Master's Degree
4 28 (14.97%) Numerate Degree
5 5 (2.67%) Computer Science Degree
Quality Assurance & Compliance
1 5 (2.67%) QA
2 1 (0.53%) Basel III
2 1 (0.53%) MiFID
Vendors
1 21 (11.23%) Oracle
2 3 (1.60%) Bloomberg
2 3 (1.60%) Reuters
3 2 (1.07%) Microsoft
4 1 (0.53%) Sybase
London
UBS
Posted: Yesterday
City, London
Deerfoot IT Resources Ltd
Salary: Competitive salary and excellent benefits
Posted: Yesterday
London
Hays London City Cheapside
Salary: £80000.00 - £100000.00 per annum
Posted: 3 days ago
City, London
Aglow Talent Ltd
Salary: From £50,000 to £90,000 per annum + bonus and excellent benefits
Posted: 3 days ago
London
Nicoll Curtin Technology
Salary: BENEFITS + BONUS
Posted: 2 days ago
London
TEKsystems
Salary: £100000 - £130000 per annum + bonus, benefits and perks
Posted: 3 days ago
London
Hays London City Cheapside
Salary: bonus and benefits
Posted: 9 days ago
North West London
Understanding Recruitment
Salary: £70000 - £90000 per annum + Leading Bonus, Pens etc
Posted: 6 days ago
London
Huxley
Salary: £40000 - £60000 per annum + competitive
Posted: 23 days ago
London
Client Server
Salary: £100k to £130k + bonus + benefits
Posted: 17 days ago
London
Michael Page Technology
Salary: £90000 - £110000 per annum + Benefits
Posted: 26 days ago