Period
to

The median annual salary for a C++ Quantitative Developer was £125,000 in advertised job vacancies during the 6 months to 14 August 2022.

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
14 Aug 2022
Same period 2021 Same period 2020
Rank 1177 987 737
Rank change year-on-year -190 -250 +371
Permanent jobs requiring a C++ Quantitative Developer 39 22 32
As % of all permanent jobs advertised in the UK 0.023% 0.019% 0.051%
As % of the Job Titles category 0.025% 0.021% 0.054%
Number of salaries quoted 27 20 31
10th Percentile £81,250 - £80,000
25th Percentile £100,000 £75,000 £102,500
Median annual salary (50th Percentile) £125,000 £82,500 £110,000
Median % change year-on-year +51.52% -25.00% +4.76%
75th Percentile £132,500 £109,375 £137,500
90th Percentile £142,500 £128,750 £187,500
UK excluding London median annual salary - - £80,000

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 154,129 105,398 59,022
% of permanent IT jobs with a recognized job title 91.94% 91.14% 94.86%
Number of salaries quoted 83,523 74,437 48,237
10th Percentile £32,500 £31,750 £31,250
25th Percentile £43,750 £41,250 £40,000
Median annual salary (50th Percentile) £60,000 £55,000 £55,000
Median % change year-on-year +9.09% - +10.00%
75th Percentile £78,750 £75,000 £72,500
90th Percentile £95,000 £91,250 £88,750
UK excluding London median annual salary £52,200 £47,500 £47,500
% change year-on-year +9.89% - +5.56%

C++ Quantitative Developer
Job Vacancy Trend

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

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

C++ Quantitative Developer
Salary Trend

3-month moving average salary quoted in jobs citing C++ Quantitative Developer.

Salary trend for C++ Quantitative Developer in the UK

C++ Quantitative Developer
Salary Histogram

Salary distribution for jobs citing C++ Quantitative Developer over the 6 months to 14 August 2022.

Salary histogram for C++ Quantitative Developer in the UK

C++ Quantitative Developer
Top 4 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 14 August 2022. 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
England -151 39 £125,000 +51.52% 3
London -174 27 £125,000 +51.52% 3
East of England - 12 - -
UK excluding London - 12 - -

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

For the 6 months to 14 August 2022, C++ Quantitative Developer job roles required the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring C++ Quantitative Developer in the job title.

1 39 (100.00%) C++
2 36 (92.31%) Finance
3 32 (82.05%) Mathematics
4 31 (79.49%) Model Validation
5 26 (66.67%) Analytics
5 26 (66.67%) Computer Science
6 25 (64.10%) Monte Carlo Method
7 23 (58.97%) Python
8 19 (48.72%) Equities
8 19 (48.72%) Market Risk
8 19 (48.72%) Degree
8 19 (48.72%) PhD
8 19 (48.72%) Validation
8 19 (48.72%) Machine Learning
9 18 (46.15%) Financial Modelling
9 18 (46.15%) Risk Management
9 18 (46.15%) Physics
10 16 (41.03%) Banking
10 16 (41.03%) Derivative
10 16 (41.03%) Social Skills
11 13 (33.33%) Pricing Analytics
11 13 (33.33%) IFRS
11 13 (33.33%) IFRS 9
11 13 (33.33%) SciPy
11 13 (33.33%) Risk Analytics
11 13 (33.33%) Credit Risk
11 13 (33.33%) scikit-learn
11 13 (33.33%) TensorFlow
11 13 (33.33%) Fintech
11 13 (33.33%) Stress Testing

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:

General
1 36 (92.31%) Finance
2 16 (41.03%) Banking
2 16 (41.03%) Social Skills
3 12 (30.77%) Analytical Skills
4 6 (15.38%) Advertising
5 1 (2.56%) Front Office
Libraries, Frameworks & Software Standards
1 13 (33.33%) scikit-learn
1 13 (33.33%) SciPy
1 13 (33.33%) TensorFlow
Miscellaneous
1 19 (48.72%) Equities
1 19 (48.72%) Market Risk
2 16 (41.03%) Derivative
3 13 (33.33%) Credit Risk
3 13 (33.33%) Fixed Income
4 6 (15.38%) Exotic Derivative
4 6 (15.38%) Foreign Exchange (FX)
5 3 (7.69%) Hedge funds
Operating Systems
1 13 (33.33%) Linux
Processes & Methodologies
1 32 (82.05%) Mathematics
2 31 (79.49%) Model Validation
3 26 (66.67%) Analytics
3 26 (66.67%) Computer Science
4 25 (64.10%) Monte Carlo Method
5 19 (48.72%) Machine Learning
5 19 (48.72%) Validation
6 18 (46.15%) Financial Modelling
6 18 (46.15%) Physics
6 18 (46.15%) Risk Management
7 13 (33.33%) Fintech
7 13 (33.33%) Pricing Analytics
7 13 (33.33%) Risk Analytics
7 13 (33.33%) Stress Testing
8 12 (30.77%) Agile
8 12 (30.77%) Mathematical Modelling
8 12 (30.77%) Problem-Solving
8 12 (30.77%) Software Engineering
8 12 (30.77%) Statistics
8 12 (30.77%) Time Management
Programming Languages
1 39 (100.00%) C++
2 23 (58.97%) Python
3 13 (33.33%) C#
Qualifications
1 19 (48.72%) Degree
1 19 (48.72%) PhD
2 6 (15.38%) Master's Degree
Quality Assurance & Compliance
1 13 (33.33%) IFRS
1 13 (33.33%) IFRS 9
2 6 (15.38%) Dodd-Frank
2 6 (15.38%) EMIR
2 6 (15.38%) MiFID