The median annual salary for a Quantitative Developer was £107,500 in advertised job vacancies during the 3 months to 24 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
UK
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 755 786 843
Rank change year-on-year +31 +57  
Permanent jobs requiring a Quantitative Developer 128 137 132
As % of all permanent IT jobs advertised in the UK 0.15% 0.14% 0.12%
As % of the Job Titles category 0.15% 0.14% 0.12%
Number of salaries quoted 74 133 121
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. 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
UK
Permanent job vacancies with a job title containing a recognized job role 84418 95048 107138
As % of all permanent IT job vacancies advertised in the UK 95.97% 96.53% 96.59%
Number of salaries quoted 69006 80088 88313
Median salary £46,500 £47,500 £45,000
Median salary % change year-on-year -2.10% +5.55%  
90% offered a salary of more than £27,500 £27,500 £26,500
10% offered a salary of more than £74,000 £70,000 £71,500
UK excluding London median salary £42,500 £41,500 £40,000
% change year-on-year +2.40% +3.75%  

Quantitative Developer
Job Vacancy Trend

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

Job vacancy trend for Quantitative Developer in the UK

Quantitative Developer
Salary Trend

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

Salary trend for Quantitative Developer in the UK

Quantitative Developer
Salary Histogram

The salary distribution of IT jobs citing Quantitative Developer over the 3 months to 24 June 2017.

Salary histogram for Quantitative Developer in the UK

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 Quantitative Developer within the UK over the 3 months to 24 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
England +43 128 £107,500 +34.37% 15
London +19 128 £107,500 +34.37% 13
City of London +14 17 £115,000 +58.62% 2
Canary Wharf - 1 - -

Quantitative Developer Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 24 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 featuring Quantitative Developer in the job title.

1 141 (75.40%) Finance
2 111 (59.36%) C++
3 97 (51.87%) Python
4 92 (49.20%) Mathematics
5 90 (48.13%) Java
6 77 (41.18%) Banking
7 76 (40.64%) Analytics
8 69 (36.90%) Asset Management
9 65 (34.76%) SQL
10 63 (33.69%) Foreign Exchange (FX)
10 63 (33.69%) Derivative
11 62 (33.16%) C#
12 60 (32.09%) Agile Software Development
13 56 (29.95%) Degree
14 55 (29.41%) Investment Banking
15 50 (26.74%) Front Office
16 42 (22.46%) Retail
17 41 (21.93%) Retail Banking
17 41 (21.93%) Computer Science
17 41 (21.93%) Wealth Management
17 41 (21.93%) Multithreading
18 39 (20.86%) PhD
19 37 (19.79%) Risk Management
20 36 (19.25%) Analytical Skills
21 35 (18.72%) Low Latency
22 34 (18.18%) Physics
23 33 (17.65%) R
24 31 (16.58%) Master's Degree
25 29 (15.51%) SQL Server
25 29 (15.51%) Hedge funds

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:

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 19 (10.16%) Data Warehouse
2 19 (10.16%) OLAP
2 19 (10.16%) 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 3 (1.60%) Subversion
2 2 (1.07%) Git (software)
3 1 (0.53%) Atlassian Bamboo
3 1 (0.53%) Jenkins
3 1 (0.53%) JUnit
3 1 (0.53%) Maven
3 1 (0.53%) Team Foundation Server
3 1 (0.53%) TestNG
3 1 (0.53%) Visual Studio
General
1 141 (75.40%) Finance
2 77 (41.18%) Banking
3 55 (29.41%) Investment Banking
4 50 (26.74%) Front Office
5 42 (22.46%) Retail
6 41 (21.93%) 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%) Boost C++ Libraries
5 3 (1.60%) XML
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 63 (33.69%) Derivative
1 63 (33.69%) Foreign Exchange (FX)
2 41 (21.93%) Computer Science
3 36 (19.25%) Analytical Skills
4 29 (15.51%) Hedge funds
5 19 (10.16%) Enterprise Software
6 18 (9.63%) Fixed Income
7 15 (8.02%) Algorithms
8 12 (6.42%) Data Structures
8 12 (6.42%) Equities
8 12 (6.42%) Greenfield Project
9 5 (2.67%) Fintech
9 5 (2.67%) Market Risk
10 4 (2.14%) OTC Derivatives
10 4 (2.14%) Swaptions
11 3 (1.60%) Client/Server
11 3 (1.60%) CUDA
12 1 (0.53%) Credit Risk
12 1 (0.53%) Interest Rate Derivative
12 1 (0.53%) Social Media
Operating Systems
1 24 (12.83%) Unix
2 8 (4.28%) Linux
3 2 (1.07%) Windows
Processes & Methodologies
1 92 (49.20%) Mathematics
2 76 (40.64%) Analytics
3 69 (36.90%) Asset Management
4 60 (32.09%) Agile Software Development
5 41 (21.93%) Multithreading
5 41 (21.93%) Wealth Management
6 37 (19.79%) Risk Management
7 35 (18.72%) Low Latency
8 34 (18.18%) Physics
9 26 (13.90%) Electronic Trading
10 25 (13.37%) Market Making
11 24 (12.83%) OO
12 23 (12.30%) Quantitative Research
13 22 (11.76%) Data Analytics
13 22 (11.76%) Software Delivery
14 19 (10.16%) Release Management
15 17 (9.09%) Algorithmic Trading
16 16 (8.56%) Validation
17 13 (6.95%) Financial Modelling
17 13 (6.95%) OOP
Programming Languages
1 111 (59.36%) C++
2 97 (51.87%) Python
3 90 (48.13%) Java
4 65 (34.76%) SQL
5 62 (33.16%) C#
6 33 (17.65%) R
7 21 (11.23%) Perl
8 20 (10.70%) VBA
9 19 (10.16%) PL/SQL
10 15 (8.02%) MATLAB
11 7 (3.74%) C
12 4 (2.14%) Fortran
13 3 (1.60%) JavaScript
14 2 (1.07%) Scala
15 1 (0.53%) Clojure
15 1 (0.53%) F#
15 1 (0.53%) Go
15 1 (0.53%) Haskell
15 1 (0.53%) Ruby
15 1 (0.53%) Shell Script
Qualifications
1 56 (29.95%) Degree
2 39 (20.86%) 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 20 (10.70%) Oracle
2 3 (1.60%) Bloomberg
2 3 (1.60%) Reuters
3 2 (1.07%) Microsoft
4 1 (0.53%) Sybase
London
UBS
Posted: 17 hours ago
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: 2 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: Yesterday
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: 8 days ago
Cambridge, Cambridgeshire
ECM Selection
Salary: £Competitive salary
Posted: 4 days ago
North West London
Understanding Recruitment
Salary: £70000 - £90000 per annum + Leading Bonus, Pens etc
Posted: 5 days ago
London
Huxley
Salary: £40000 - £60000 per annum + competitive
Posted: 22 days ago
London
Client Server
Salary: £100k to £130k + bonus + benefits
Posted: 16 days ago
London
Michael Page Technology
Salary: £90000 - £110000 per annum + Benefits
Posted: 25 days ago