Quantitative Developer Jobs

Quant Developer
UK

The median Quant Developer salary in the UK is £125,000 per year, according to job vacancies posted during the 6 months leading to 8 December 2024.

The table below provides salary benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
8 Dec 2024
Same period 2023 Same period 2022
Rank 680 599 1002
Rank change year-on-year -81 +403 -17
Permanent jobs requiring a Quantitative Developer 86 131 72
As % of all permanent jobs advertised in the UK 0.12% 0.25% 0.059%
As % of the Job Titles category 0.13% 0.26% 0.061%
Number of salaries quoted 52 95 44
10th Percentile £87,500 £94,500 £67,500
25th Percentile £100,000 £102,500 £81,250
Median annual salary (50th Percentile) £125,000 £140,000 £125,000
Median % change year-on-year -10.71% +12.00% +38.89%
75th Percentile £157,500 £160,000 £150,625
90th Percentile £176,625 £200,000 £162,500
UK excluding London median annual salary £100,000 - £90,000

All Permanent IT Job Vacancies
UK

For comparison with the information above, the following table provides 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.

Permanent vacancies in the UK with a recognized job title 64,932 50,573 117,209
% of permanent jobs with a recognized job title 93.61% 95.45% 95.42%
Number of salaries quoted 32,232 36,954 73,757
10th Percentile £32,500 £31,250 £32,798
25th Percentile £43,650 £42,500 £45,000
Median annual salary (50th Percentile) £57,560 £60,000 £60,000
Median % change year-on-year -4.07% - +4.35%
75th Percentile £77,500 £80,000 £81,250
90th Percentile £95,000 £97,500 £98,750
UK excluding London median annual salary £52,500 £52,500 £52,500
% change year-on-year - - +5.00%

Quantitative Developer
Job Vacancy Trend

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

Job vacancy trend for Quantitative Developer in the UK

Quantitative Developer
Salary Trend

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

Salary trend for Quantitative Developer in the UK

Quantitative Developer
Salary Histogram

Salary distribution for jobs citing Quantitative Developer over the 6 months to 8 December 2024.

Salary histogram for Quantitative Developer in the UK

Quantitative Developer
Top 6 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 6 months to 8 December 2024. 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 -103 85 £125,000 -10.71% 51
London -56 83 £125,000 -12.28% 49
Work from Home -72 12 £107,500 -28.33% 15
UK excluding London - 2 £100,000 - 2
North of England - 2 £100,000 - 1
North East - 2 £100,000 - 1

Quantitative Developer Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 8 December 2024, Quantitative Developer job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Quantitative Developer in the job title.

1 56 (65.12%) Python
1 56 (65.12%) Finance
2 42 (48.84%) C++
3 40 (46.51%) Hedge funds
4 33 (38.37%) Algorithms
5 32 (37.21%) Degree
6 30 (34.88%) Front Office
6 30 (34.88%) Analytics
7 29 (33.72%) Mathematics
8 25 (29.07%) Equities
9 21 (24.42%) Risk Management
10 20 (23.26%) Linux
11 19 (22.09%) C#
12 18 (20.93%) Computer Science
12 18 (20.93%) Low Latency
13 17 (19.77%) Quantitative Research
14 15 (17.44%) Master's Degree
14 15 (17.44%) Derivative
14 15 (17.44%) Java
15 14 (16.28%) Foreign Exchange (FX)
15 14 (16.28%) Fixed Income
16 13 (15.12%) Algorithmic Trading
16 13 (15.12%) Data Structures
16 13 (15.12%) Fintech
17 11 (12.79%) Pandas
17 11 (12.79%) Banking
17 11 (12.79%) Software Engineering
17 11 (12.79%) Quantitative Trading
18 10 (11.63%) Agile
19 9 (10.47%) NumPy

Quantitative Developer Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (1.16%) Confluence
Applications
1 2 (2.33%) Microsoft Excel
Cloud Services
1 8 (9.30%) GCP
2 5 (5.81%) AWS
2 5 (5.81%) Azure
3 3 (3.49%) WhatsApp
Communications & Networking
1 3 (3.49%) Multicast
Database & Business Intelligence
1 4 (4.65%) SQL Server
2 3 (3.49%) KDB
2 3 (3.49%) Redis
3 2 (2.33%) Kdb+
4 1 (1.16%) Apache Cassandra
4 1 (1.16%) NoSQL
4 1 (1.16%) Tick Data
Development Applications
1 1 (1.16%) JIRA
General
1 56 (65.12%) Finance
2 30 (34.88%) Front Office
3 11 (12.79%) Banking
4 7 (8.14%) Advertising
4 7 (8.14%) Social Skills
5 3 (3.49%) Investment Banking
6 2 (2.33%) Analytical Skills
Libraries, Frameworks & Software Standards
1 11 (12.79%) Pandas
2 9 (10.47%) NumPy
3 4 (4.65%) Plotly
4 3 (3.49%) Boost C++ Libraries
4 3 (3.49%) FIX Protocol
4 3 (3.49%) React
4 3 (3.49%) WebSockets
5 2 (2.33%) SciPy
6 1 (1.16%) .NET
6 1 (1.16%) scikit-learn
Miscellaneous
1 40 (46.51%) Hedge funds
2 33 (38.37%) Algorithms
3 25 (29.07%) Equities
4 15 (17.44%) Derivative
5 14 (16.28%) Fixed Income
5 14 (16.28%) Foreign Exchange (FX)
6 13 (15.12%) Data Structures
7 7 (8.14%) Greenfield Project
8 5 (5.81%) Market Risk
9 3 (3.49%) Distributed Computing
9 3 (3.49%) Management Information System
10 1 (1.16%) Distributed Systems
Operating Systems
1 20 (23.26%) Linux
2 3 (3.49%) Unix
3 1 (1.16%) Windows
Processes & Methodologies
1 30 (34.88%) Analytics
2 29 (33.72%) Mathematics
3 21 (24.42%) Risk Management
4 18 (20.93%) Computer Science
4 18 (20.93%) Low Latency
5 17 (19.77%) Quantitative Research
6 13 (15.12%) Algorithmic Trading
6 13 (15.12%) Fintech
7 11 (12.79%) Quantitative Trading
7 11 (12.79%) Software Engineering
8 10 (11.63%) Agile
9 9 (10.47%) Quantitative Finance
10 8 (9.30%) High-Frequency Trading
10 8 (9.30%) Problem-Solving
10 8 (9.30%) Proprietary Trading
10 8 (9.30%) Statistics
10 8 (9.30%) Validation
11 7 (8.14%) Financial Modelling
11 7 (8.14%) Greeks
11 7 (8.14%) Multithreading
Programming Languages
1 56 (65.12%) Python
2 42 (48.84%) C++
3 19 (22.09%) C#
4 15 (17.44%) Java
5 7 (8.14%) SQL
6 4 (4.65%) R
7 3 (3.49%) JavaScript
8 2 (2.33%) Rust
9 1 (1.16%) C
9 1 (1.16%) MATLAB
9 1 (1.16%) VBA
Qualifications
1 32 (37.21%) Degree
2 15 (17.44%) Master's Degree
3 8 (9.30%) PhD
4 6 (6.98%) Computer Science Degree
Quality Assurance & Compliance
1 1 (1.16%) Data Quality
Systems Management
1 3 (3.49%) Kubernetes
Vendors
1 3 (3.49%) Bloomberg
1 3 (3.49%) Google
2 1 (1.16%) Oracle
2 1 (1.16%) Sybase