The median annual salary for a Quantitative Developer was £85,000 in advertised job vacancies in London during the 3 months to 23 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
23 Mar 2017
Same period 2016 Same period 2015
Quant Developer
England / London
Rank 509 514 552
Rank change year-on-year +5 +38  
Permanent jobs requiring a Quantitative Developer 58 131 97
As % of all permanent IT jobs advertised in London 0.17% 0.32% 0.23%
As % of the Job Titles category 0.18% 0.33% 0.24%
Number of salaries quoted 50 126 91
Median salary £85,000 £81,500 £90,000
Median salary % change year-on-year +4.29% -9.44%  
90% offered a salary of more than £72,500 £60,000 £65,000
10% offered a salary of more than £110,000 £105,000 £115,000
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 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 31786 39894 40068
As % of all permanent IT job vacancies advertised in London 95.74% 96.09% 95.99%
Number of salaries quoted 26873 34408 33640
Median salary £57,500 £55,000 £53,500
Median salary % change year-on-year +4.54% +2.80%  
90% offered a salary of more than £32,500 £32,500 £31,500
10% offered a salary of more than £82,500 £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 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 23 March 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 23 March 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 +34 11 £75,000 -6.25% 4
Quantitative Developer
England

Quantitative Developer Skill Set
Top 30 Related IT Skills in London

For the 6 months to 23 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 London region featuring Quantitative Developer in the job title.

1 123 (71.93%) C++
2 109 (63.74%) Mathematics
3 96 (56.14%) Python
4 88 (51.46%) Finance
5 68 (39.77%) Degree
6 54 (31.58%) C#
7 52 (30.41%) Computer Science
8 49 (28.65%) Derivative
8 49 (28.65%) Front Office
9 48 (28.07%) Hedge funds
10 45 (26.32%) Physics
11 42 (24.56%) Banking
11 42 (24.56%) Java
12 40 (23.39%) Foreign Exchange (FX)
13 37 (21.64%) Analytics
14 36 (21.05%) SQL
15 32 (18.71%) Fixed Income
16 29 (16.96%) Quantitative Finance
17 28 (16.37%) R
18 27 (15.79%) Risk Management
19 25 (14.62%) OO
19 25 (14.62%) Analytical Skills
20 24 (14.04%) MATLAB
21 21 (12.28%) Multithreading
22 20 (11.70%) SDLC
23 18 (10.53%) Linux
23 18 (10.53%) .NET
24 17 (9.94%) PhD
25 16 (9.36%) VBA
25 16 (9.36%) Software Engineering

Quantitative Developer Skill Set
Top Related 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 (1.75%) IPython
1 3 (1.75%) SAS
Applications
1 3 (1.75%) Stata
Cloud Services
1 5 (2.92%) GitHub
2 3 (1.75%) Amazon AWS
2 3 (1.75%) Microsoft Azure
Communications & Networking
1 3 (1.75%) TCP/IP
Database & Business Intelligence
1 13 (7.60%) SQL Server
2 6 (3.51%) Hadoop
3 5 (2.92%) Data Mining
3 5 (2.92%) NoSQL
4 4 (2.34%) Relational Database
5 3 (1.75%) MongoDB
6 2 (1.17%) Big Data
7 1 (0.58%) Data Warehouse
7 1 (0.58%) RDBMS
Development Applications
1 11 (6.43%) Subversion
2 1 (0.58%) Atlassian Bamboo
2 1 (0.58%) Git (software)
2 1 (0.58%) Jenkins
2 1 (0.58%) JUnit
2 1 (0.58%) TestNG
General
1 88 (51.46%) Finance
2 49 (28.65%) Front Office
3 42 (24.56%) Banking
4 8 (4.68%) Investment Banking
5 5 (2.92%) Financial Institution
6 3 (1.75%) Telecoms
7 2 (1.17%) Back Office
8 1 (0.58%) Retail
Libraries, Frameworks & Software Standards
1 18 (10.53%) .NET
2 14 (8.19%) NumPy
3 9 (5.26%) Boost C++ Libraries
3 9 (5.26%) STL
4 8 (4.68%) Pandas
5 5 (2.92%) OpenGL
5 5 (2.92%) scikit-cuda
5 5 (2.92%) SciPy
6 3 (1.75%) HTML
6 3 (1.75%) J2SE
6 3 (1.75%) WCF
6 3 (1.75%) WPF
6 3 (1.75%) XML
7 2 (1.17%) AngularJS
7 2 (1.17%) Flask
7 2 (1.17%) React
7 2 (1.17%) Ruby on Rails
8 1 (0.58%) Celery
8 1 (0.58%) Guice
8 1 (0.58%) JAX-RS
Miscellaneous
1 52 (30.41%) Computer Science
2 49 (28.65%) Derivative
3 48 (28.07%) Hedge funds
4 40 (23.39%) Foreign Exchange (FX)
5 32 (18.71%) Fixed Income
6 25 (14.62%) Analytical Skills
7 16 (9.36%) Algorithms
8 14 (8.19%) Equities
8 14 (8.19%) Market Risk
9 10 (5.85%) Interest Rate Derivative
10 9 (5.26%) CUDA
11 8 (4.68%) Equity Derivative
12 6 (3.51%) Credit Risk
13 5 (2.92%) Client/Server
13 5 (2.92%) Fintech
14 4 (2.34%) Data Structures
14 4 (2.34%) OTC Derivatives
15 2 (1.17%) Virtual Team
16 1 (0.58%) Credit Derivative
16 1 (0.58%) Swaptions
Operating Systems
1 18 (10.53%) Linux
2 15 (8.77%) Windows
3 14 (8.19%) Unix
Processes & Methodologies
1 109 (63.74%) Mathematics
2 45 (26.32%) Physics
3 37 (21.64%) Analytics
4 29 (16.96%) Quantitative Finance
5 27 (15.79%) Risk Management
6 25 (14.62%) OO
7 21 (12.28%) Multithreading
8 20 (11.70%) SDLC
9 16 (9.36%) Software Engineering
10 15 (8.77%) Functional Programming
11 13 (7.60%) Market Making
11 13 (7.60%) OOP
11 13 (7.60%) Systematic Trading
12 12 (7.02%) Machine Learning
12 12 (7.02%) Statistics
13 11 (6.43%) Economics
13 11 (6.43%) Low Latency
13 11 (6.43%) Stochastic Modelling
13 11 (6.43%) Validation
14 9 (5.26%) Statistical Analysis
Programming Languages
1 123 (71.93%) C++
2 96 (56.14%) Python
3 54 (31.58%) C#
4 42 (24.56%) Java
5 36 (21.05%) SQL
6 28 (16.37%) R
7 24 (14.04%) MATLAB
8 16 (9.36%) VBA
9 11 (6.43%) Perl
10 8 (4.68%) F#
11 7 (4.09%) C
12 6 (3.51%) JavaScript
12 6 (3.51%) Ruby
13 3 (1.75%) T-SQL
14 2 (1.17%) Fortran
14 2 (1.17%) Scala
15 1 (0.58%) Clojure
15 1 (0.58%) Go
15 1 (0.58%) Haskell
15 1 (0.58%) Kotlin
Qualifications
1 68 (39.77%) Degree
2 17 (9.94%) PhD
Quality Assurance & Compliance
1 11 (6.43%) QA
2 2 (1.17%) IFRS
2 2 (1.17%) IFRS 9
2 2 (1.17%) MiFID
3 1 (0.58%) Basel III
Vendors
1 2 (1.17%) Bloomberg
2 1 (0.58%) FactSet
2 1 (0.58%) Microsoft
2 1 (0.58%) Sybase
City, London
Argyll Scott Technology
Salary: excellent package
Posted: 11 hours ago
City, London
TEKsystems
Salary: £60000 - £130000 per annum + bonus and pension
Posted: 4 days ago
City, London
TEKsystems
Salary: £80000 - £200000 per annum + bonus and pension
Posted: 5 days ago
City, London
TEKsystems
Salary: £90000 - £120000 per annum
Posted: 5 days ago
London
UBS
Posted: 5 days ago
London
Huxley
Salary: £65000 - £120000 per annum + competitive
Posted: 27 days ago
London
UBS
Posted: 26 days ago