Period
to 21 November 2017

The median annual salary for a C++ Quantitative Developer was £110,000 in advertised job vacancies during the 6 months to 21 November 2017.

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

C++ Quant Developer
UK
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 1146 1134 1157
Rank change year-on-year -12 +23 +116
Permanent jobs requiring a C++ Quantitative Developer 60 109 144
As % of all permanent IT jobs advertised in the UK 0.033% 0.058% 0.066%
As % of the Job Titles category 0.035% 0.060% 0.069%
Number of salaries quoted 57 102 133
UK median annual salary £110,000 £98,750 £100,000
Median salary % change year-on-year +11.39% -1.25% +11.11%
10th Percentile £66,000 £65,500 £50,250
90th Percentile £132,000 £130,000 £115,000
UK excluding London median annual salary - - -

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. 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.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 173309 182267 209632
% of permanent IT jobs with a recognized job title 95.79% 96.49% 96.46%
Number of salaries quoted 139088 152628 174119
UK median annual salary £48,000 £47,500 £45,000
Median salary % change year-on-year +1.05% +5.56% -
10th Percentile £27,500 £27,000 £26,250
90th Percentile £78,750 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,500
% change year-on-year - +4.94% +1.25%

C++ Quantitative Developer
Job Vacancy Trend

Job postings that featured C++ Quantitative Developer in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for C++ Quantitative Developer in the UK

C++ Quantitative Developer
Salary Trend

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

Salary trend for C++ Quantitative Developer in the UK

C++ Quantitative Developer
Salary Histogram

The salary distribution of IT jobs citing C++ Quantitative Developer over the 6 months to 21 November 2017.

Salary histogram for C++ Quantitative Developer in the UK

C++ Quantitative Developer
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing C++ Quantitative Developer within the UK over the 6 months to 21 November 2017. 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
Job
Vacancies
London -23 60 £110,000 +10.00% 8
England -24 60 £110,000 +10.00% 8

C++ Quantitative Developer Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 21 November 2017, C++ 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 featuring C++ Quantitative Developer in the job title.

1 60 (100.00%) C++
2 44 (73.33%) Finance
3 37 (61.67%) Mathematics
4 31 (51.67%) Banking
5 28 (46.67%) Front Office
6 26 (43.33%) Investment Banking
7 20 (33.33%) Python
8 17 (28.33%) Risk Management
9 16 (26.67%) C#
10 15 (25.00%) Degree
10 15 (25.00%) QA
11 14 (23.33%) Analytics
12 13 (21.67%) SQL
13 12 (20.00%) Linux
13 12 (20.00%) PhD
13 12 (20.00%) Monte Carlo Method
14 11 (18.33%) Algorithmic Trading
14 11 (18.33%) Java
15 10 (16.67%) Stochastic Calculus
16 9 (15.00%) STL
16 9 (15.00%) Validation
16 9 (15.00%) Foreign Exchange (FX)
16 9 (15.00%) Equities
17 8 (13.33%) Low Latency
17 8 (13.33%) Master's Degree
17 8 (13.33%) Quantitative Finance
18 7 (11.67%) Technical Analysis
18 7 (11.67%) Fintech
18 7 (11.67%) Agile Software Development
18 7 (11.67%) Physics

C++ Quantitative Developer Skill Set
Co-occurring IT Skills 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:

Applications
1 6 (10.00%) Microsoft Excel
2 2 (3.33%) Spreadsheet
Cloud Services
1 4 (6.67%) GitHub
Communications & Networking
1 2 (3.33%) Multicast
1 2 (3.33%) SSH
Database & Business Intelligence
1 4 (6.67%) KDB
2 3 (5.00%) SQL Server
General
1 44 (73.33%) Finance
2 31 (51.67%) Banking
3 28 (46.67%) Front Office
4 26 (43.33%) Investment Banking
5 2 (3.33%) Back Office
6 1 (1.67%) Financial Institution
6 1 (1.67%) Telecoms
Libraries, Frameworks & Software Standards
1 9 (15.00%) STL
2 5 (8.33%) Boost C++ Libraries
3 3 (5.00%) HTML
3 3 (5.00%) HTML5
Miscellaneous
1 9 (15.00%) Equities
1 9 (15.00%) Foreign Exchange (FX)
2 7 (11.67%) Fintech
3 6 (10.00%) Computer Science
4 5 (8.33%) Derivative
4 5 (8.33%) Hedge funds
5 4 (6.67%) CUDA
6 3 (5.00%) Algorithms
6 3 (5.00%) Fixed Income
7 2 (3.33%) Swaptions
8 1 (1.67%) Analytical Skills
8 1 (1.67%) Client/Server
8 1 (1.67%) Data Structures
8 1 (1.67%) Greenfield Project
Operating Systems
1 12 (20.00%) Linux
2 3 (5.00%) Unix
3 2 (3.33%) Windows
Processes & Methodologies
1 37 (61.67%) Mathematics
2 17 (28.33%) Risk Management
3 14 (23.33%) Analytics
4 12 (20.00%) Monte Carlo Method
5 11 (18.33%) Algorithmic Trading
6 10 (16.67%) Stochastic Calculus
7 9 (15.00%) Validation
8 8 (13.33%) Low Latency
8 8 (13.33%) Quantitative Finance
9 7 (11.67%) Agile Software Development
9 7 (11.67%) Physics
9 7 (11.67%) Technical Analysis
10 6 (10.00%) Market Making
10 6 (10.00%) OO
11 5 (8.33%) Asset Management
11 5 (8.33%) E-Commerce
11 5 (8.33%) Machine Learning
11 5 (8.33%) Systematic Trading
12 4 (6.67%) Functional Programming
12 4 (6.67%) Test Automation
Programming Languages
1 60 (100.00%) C++
2 20 (33.33%) Python
3 16 (26.67%) C#
4 13 (21.67%) SQL
5 11 (18.33%) Java
6 6 (10.00%) VBA
7 1 (1.67%) C
Qualifications
1 15 (25.00%) Degree
2 12 (20.00%) PhD
3 8 (13.33%) Master's Degree
4 2 (3.33%) Numerate Degree
5 1 (1.67%) Computer Science Degree
Quality Assurance & Compliance
1 15 (25.00%) QA
Vendors
1 4 (6.67%) Splunk
2 2 (3.33%) Bloomberg
2 2 (3.33%) Reuters
3 1 (1.67%) Murex