The median annual salary for a Quantitative Developer was £85,000 in advertised job vacancies during the 3 months to 24 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
24 Mar 2017
Same period 2016 Same period 2015
Quant Developer
UK
Rank 798 813 861
Rank change year-on-year +15 +48  
Permanent jobs requiring a Quantitative Developer 59 135 98
As % of all permanent IT jobs advertised in the UK 0.069% 0.13% 0.093%
As % of the Job Titles category 0.072% 0.14% 0.096%
Number of salaries quoted 49 129 92
Median salary £85,000 £81,500 £89,000
Median salary % change year-on-year +4.29% -8.42%  
90% offered a salary of more than £72,500 £60,000 £62,750
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. 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 81782 99209 102096
As % of all permanent IT job vacancies advertised in the UK 96.26% 96.37% 96.63%
Number of salaries quoted 67852 83080 83346
Median salary £45,000 £45,000 £45,000
90% offered a salary of more than £27,500 £27,500 £26,500
10% offered a salary of more than £72,500 £70,000 £70,000
UK excluding London median salary £42,000 £41,500 £40,000
% change year-on-year +1.20% +3.75%  

Quantitative Developer
Job Vacancy Trend

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 March 2017.

Salary histogram for Quantitative Developer in the UK

Quantitative Developer
Top 7 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 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
England +25 59 £85,000 +4.29% 8
London -5 58 £85,000 +4.29% 8
City of London +36 12 £75,000 -6.25% 4
Maidenhead - 1 - -
Windsor - 1 - -
Berkshire - 1 - -
South East - 1 - -

Quantitative Developer Skill Set
Top 30 Related IT Skills

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

1 123 (71.51%) C++
2 110 (63.95%) Mathematics
3 96 (55.81%) Python
4 89 (51.74%) Finance
5 69 (40.12%) Degree
6 55 (31.98%) C#
7 54 (31.40%) Computer Science
8 50 (29.07%) Derivative
9 49 (28.49%) Front Office
10 47 (27.33%) Physics
10 47 (27.33%) Hedge funds
11 43 (25.00%) Banking
11 43 (25.00%) Java
12 40 (23.26%) Foreign Exchange (FX)
13 37 (21.51%) Analytics
14 36 (20.93%) SQL
15 32 (18.60%) Fixed Income
16 29 (16.86%) Quantitative Finance
16 29 (16.86%) R
17 28 (16.28%) Risk Management
18 25 (14.53%) MATLAB
18 25 (14.53%) OO
18 25 (14.53%) Analytical Skills
19 21 (12.21%) Multithreading
20 20 (11.63%) SDLC
21 19 (11.05%) Linux
22 18 (10.47%) PhD
22 18 (10.47%) .NET
23 17 (9.88%) Algorithms
24 16 (9.30%) VBA

Quantitative Developer Skill Set
Top Related 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 (1.74%) IPython
1 3 (1.74%) SAS
Applications
1 3 (1.74%) Stata
Cloud Services
1 5 (2.91%) GitHub
2 3 (1.74%) Amazon AWS
2 3 (1.74%) Microsoft Azure
Communications & Networking
1 3 (1.74%) TCP/IP
Database & Business Intelligence
1 13 (7.56%) SQL Server
2 6 (3.49%) Hadoop
3 5 (2.91%) Data Mining
3 5 (2.91%) NoSQL
4 4 (2.33%) Relational Database
5 3 (1.74%) MongoDB
6 2 (1.16%) Big Data
7 1 (0.58%) Data Warehouse
7 1 (0.58%) RDBMS
Development Applications
1 11 (6.40%) Subversion
2 2 (1.16%) Git (software)
3 1 (0.58%) Atlassian Bamboo
3 1 (0.58%) Jenkins
3 1 (0.58%) JUnit
3 1 (0.58%) TestNG
General
1 89 (51.74%) Finance
2 49 (28.49%) Front Office
3 43 (25.00%) Banking
4 8 (4.65%) Investment Banking
5 5 (2.91%) Financial Institution
6 3 (1.74%) Telecoms
7 2 (1.16%) Back Office
8 1 (0.58%) Retail
Libraries, Frameworks & Software Standards
1 18 (10.47%) .NET
2 14 (8.14%) NumPy
3 10 (5.81%) Boost C++ Libraries
4 9 (5.23%) STL
5 8 (4.65%) Pandas
6 5 (2.91%) OpenGL
6 5 (2.91%) scikit-cuda
6 5 (2.91%) SciPy
7 3 (1.74%) HTML
7 3 (1.74%) J2SE
7 3 (1.74%) WCF
7 3 (1.74%) WPF
7 3 (1.74%) XML
8 2 (1.16%) AngularJS
8 2 (1.16%) Flask
8 2 (1.16%) React
8 2 (1.16%) Ruby on Rails
9 1 (0.58%) Celery
9 1 (0.58%) Guice
9 1 (0.58%) JAX-RS
Miscellaneous
1 54 (31.40%) Computer Science
2 50 (29.07%) Derivative
3 47 (27.33%) Hedge funds
4 40 (23.26%) Foreign Exchange (FX)
5 32 (18.60%) Fixed Income
6 25 (14.53%) Analytical Skills
7 17 (9.88%) Algorithms
8 14 (8.14%) Equities
8 14 (8.14%) Market Risk
9 10 (5.81%) CUDA
9 10 (5.81%) Interest Rate Derivative
10 8 (4.65%) Equity Derivative
11 6 (3.49%) Credit Risk
12 5 (2.91%) Client/Server
12 5 (2.91%) Data Structures
12 5 (2.91%) Fintech
12 5 (2.91%) OTC Derivatives
13 2 (1.16%) Virtual Team
14 1 (0.58%) Credit Derivative
14 1 (0.58%) Swaptions
Operating Systems
1 19 (11.05%) Linux
2 15 (8.72%) Windows
3 14 (8.14%) Unix
Processes & Methodologies
1 110 (63.95%) Mathematics
2 47 (27.33%) Physics
3 37 (21.51%) Analytics
4 29 (16.86%) Quantitative Finance
5 28 (16.28%) Risk Management
6 25 (14.53%) OO
7 21 (12.21%) Multithreading
8 20 (11.63%) SDLC
9 16 (9.30%) Software Engineering
10 15 (8.72%) Functional Programming
11 13 (7.56%) OOP
11 13 (7.56%) Statistics
12 12 (6.98%) Machine Learning
12 12 (6.98%) Market Making
12 12 (6.98%) Systematic Trading
13 11 (6.40%) Economics
13 11 (6.40%) Low Latency
13 11 (6.40%) Stochastic Modelling
13 11 (6.40%) Validation
14 10 (5.81%) Statistical Analysis
Programming Languages
1 123 (71.51%) C++
2 96 (55.81%) Python
3 55 (31.98%) C#
4 43 (25.00%) Java
5 36 (20.93%) SQL
6 29 (16.86%) R
7 25 (14.53%) MATLAB
8 16 (9.30%) VBA
9 11 (6.40%) Perl
10 8 (4.65%) F#
11 7 (4.07%) C
12 6 (3.49%) JavaScript
12 6 (3.49%) Ruby
13 3 (1.74%) T-SQL
14 2 (1.16%) Fortran
14 2 (1.16%) Scala
15 1 (0.58%) Clojure
15 1 (0.58%) Go
15 1 (0.58%) Haskell
15 1 (0.58%) Kotlin
Qualifications
1 69 (40.12%) Degree
2 18 (10.47%) PhD
Quality Assurance & Compliance
1 11 (6.40%) QA
2 2 (1.16%) IFRS
2 2 (1.16%) IFRS 9
2 2 (1.16%) MiFID
3 1 (0.58%) Basel III
Vendors
1 2 (1.16%) Bloomberg
2 1 (0.58%) FactSet
2 1 (0.58%) Microsoft
2 1 (0.58%) Sybase
London
Joseph Harry Ltd
Salary: £70000 - £90000 per annum + 50% bonus + Pension
Posted: 1 hour ago
City, London
Argyll Scott Technology
Salary: excellent package
Posted: Yesterday
City, London
TEKsystems
Salary: £80000 - £200000 per annum + bonus and pension
Posted: 6 days ago
City, London
TEKsystems
Salary: £60000 - £130000 per annum + bonus and pension
Posted: 5 days ago
City, London
TEKsystems
Salary: £90000 - £120000 per annum
Posted: 6 days ago
London
UBS
Posted: 6 days ago
London
UBS
Posted: 27 days ago