Period
to 18 November 2017

The median annual salary for a Quantitative Developer was £101,250 in advertised job vacancies during the 6 months to 18 November 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
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 868 970 998
Rank change year-on-year +102 +28 +100
Permanent jobs requiring a Quantitative Developer 317 254 317
As % of all permanent IT jobs advertised in the UK 0.18% 0.13% 0.14%
As % of the Job Titles category 0.18% 0.14% 0.15%
Number of salaries quoted 158 230 271
UK median annual salary £101,250 £82,500 £90,000
Median salary % change year-on-year +22.73% -8.33% +9.09%
10th Percentile £49,625 £50,000 £50,000
90th Percentile £130,000 £117,500 £115,000
UK excluding London median annual salary £47,500 £60,000 £72,500
% change year-on-year -20.83% -17.24% +16.00%

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 171362 183209 211285
% of permanent IT jobs with a recognized job title 95.77% 96.48% 96.46%
Number of salaries quoted 137432 153366 175465
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%

Quantitative Developer
Job Vacancy Trend

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

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 6 months to 18 November 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 6 months to 18 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
England +91 317 £101,250 +22.73% 10
London +54 314 £102,500 +23.49% 10
UK excluding London +63 3 £47,500 -20.83%
South East - 3 £47,500 -

Quantitative Developer Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 18 November 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.

1 260 (82.02%) Finance
2 209 (65.93%) Java
3 199 (62.78%) Banking
4 185 (58.36%) C++
5 183 (57.73%) Investment Banking
6 169 (53.31%) Agile Software Development
7 155 (48.90%) Python
8 154 (48.58%) Asset Management
9 139 (43.85%) Retail Banking
9 139 (43.85%) Wealth Management
10 121 (38.17%) Analytics
11 120 (37.85%) SQL
12 107 (33.75%) Mathematics
13 103 (32.49%) Foreign Exchange (FX)
14 99 (31.23%) Risk Management
15 92 (29.02%) Low Latency
16 91 (28.71%) Derivative
17 89 (28.08%) Analytical Skills
18 88 (27.76%) Multithreading
19 83 (26.18%) Electronic Trading
19 83 (26.18%) R
20 80 (25.24%) Quantitative Research
20 80 (25.24%) Unix
21 78 (24.61%) Perl
21 78 (24.61%) Front Office
22 76 (23.97%) Data Analytics
23 75 (23.66%) Oracle
24 74 (23.34%) OLAP
24 74 (23.34%) PL/SQL
24 74 (23.34%) Data Warehouse

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 (0.95%) SAS
2 2 (0.63%) Apache Spark
3 1 (0.32%) Confluence
Applications
1 15 (4.73%) Microsoft Excel
2 5 (1.58%) Spreadsheet
3 3 (0.95%) Doxygen
4 1 (0.32%) Microsoft Office
4 1 (0.32%) Microsoft PowerPoint
Business Applications
1 1 (0.32%) FINCAD Analytics
Cloud Services
1 4 (1.26%) GitHub
Communications & Networking
1 2 (0.63%) Multicast
1 2 (0.63%) SSH
2 1 (0.32%) FTP
Database & Business Intelligence
1 74 (23.34%) Data Warehouse
1 74 (23.34%) OLAP
1 74 (23.34%) Oracle OLAP
2 14 (4.42%) Big Data
3 12 (3.79%) SQL Server
4 6 (1.89%) KDB
5 5 (1.58%) Data Mining
6 3 (0.95%) Relational Database
7 2 (0.63%) Hadoop
8 1 (0.32%) MongoDB
8 1 (0.32%) NoSQL
Development Applications
1 4 (1.26%) JIRA
1 4 (1.26%) Visual Studio
2 3 (0.95%) GCC
2 3 (0.95%) GDB
2 3 (0.95%) Git (software)
2 3 (0.95%) Jenkins
2 3 (0.95%) Subversion
2 3 (0.95%) TeamCity
3 1 (0.32%) Maven
3 1 (0.32%) Team Foundation Server
General
1 260 (82.02%) Finance
2 199 (62.78%) Banking
3 183 (57.73%) Investment Banking
4 139 (43.85%) Retail Banking
5 78 (24.61%) Front Office
6 4 (1.26%) Back Office
7 2 (0.63%) Telecoms
8 1 (0.32%) Financial Institution
8 1 (0.32%) International Banking
8 1 (0.32%) Retail
Libraries, Frameworks & Software Standards
1 13 (4.10%) STL
2 9 (2.84%) Boost C++ Libraries
3 8 (2.52%) .NET
4 6 (1.89%) HTML
5 5 (1.58%) HTML5
6 3 (0.95%) ASP.NET
6 3 (0.95%) FIX Protocol
6 3 (0.95%) J2SE
6 3 (0.95%) Java SE
6 3 (0.95%) NumPy
6 3 (0.95%) SciPy
6 3 (0.95%) XML
7 2 (0.63%) Middleware
8 1 (0.32%) Ajax
8 1 (0.32%) AngularJS
8 1 (0.32%) ASP.NET MVC
8 1 (0.32%) jQuery
8 1 (0.32%) LINQ
8 1 (0.32%) WCF
8 1 (0.32%) WPF
Miscellaneous
1 103 (32.49%) Foreign Exchange (FX)
2 91 (28.71%) Derivative
3 89 (28.08%) Analytical Skills
4 74 (23.34%) Enterprise Software
5 51 (16.09%) Computer Science
6 28 (8.83%) Hedge funds
7 22 (6.94%) Algorithms
8 21 (6.62%) Fixed Income
9 19 (5.99%) Equities
10 13 (4.10%) Fintech
11 9 (2.84%) CUDA
12 8 (2.52%) Greenfield Project
13 6 (1.89%) Data Structures
14 4 (1.26%) Market Risk
14 4 (1.26%) Swaptions
15 3 (0.95%) OTC Derivatives
16 2 (0.63%) Client/Server
16 2 (0.63%) Credit Risk
16 2 (0.63%) Management Information System
17 1 (0.32%) Equity Derivative
Operating Systems
1 80 (25.24%) Unix
2 18 (5.68%) Linux
3 7 (2.21%) Windows
Processes & Methodologies
1 169 (53.31%) Agile Software Development
2 154 (48.58%) Asset Management
3 139 (43.85%) Wealth Management
4 121 (38.17%) Analytics
5 107 (33.75%) Mathematics
6 99 (31.23%) Risk Management
7 92 (29.02%) Low Latency
8 88 (27.76%) Multithreading
9 83 (26.18%) Electronic Trading
10 80 (25.24%) Quantitative Research
11 76 (23.97%) Data Analytics
12 74 (23.34%) Release Management
13 72 (22.71%) Market Making
14 65 (20.50%) Software Delivery
15 34 (10.73%) Algorithmic Trading
16 31 (9.78%) OO
17 27 (8.52%) Physics
18 23 (7.26%) Statistics
19 19 (5.99%) Machine Learning
19 19 (5.99%) Stochastic Calculus
Programming Languages
1 209 (65.93%) Java
2 185 (58.36%) C++
3 155 (48.90%) Python
4 120 (37.85%) SQL
5 83 (26.18%) R
6 78 (24.61%) Perl
7 74 (23.34%) PL/SQL
8 58 (18.30%) C#
9 24 (7.57%) VBA
10 13 (4.10%) MATLAB
11 5 (1.58%) C
11 5 (1.58%) Cython
12 4 (1.26%) JavaScript
13 3 (0.95%) AWK
13 3 (0.95%) PowerShell
13 3 (0.95%) sed
13 3 (0.95%) Shell Script
13 3 (0.95%) VBScript
14 2 (0.63%) F#
15 1 (0.32%) VB6
Qualifications
1 41 (12.93%) Degree
2 21 (6.62%) PhD
3 14 (4.42%) Master's Degree
4 11 (3.47%) Numerate Degree
5 6 (1.89%) Computer Science Degree
6 1 (0.32%) CFA
Quality Assurance & Compliance
1 15 (4.73%) QA
2 2 (0.63%) Basel III
2 2 (0.63%) MiFID
Vendors
1 75 (23.66%) Oracle
2 4 (1.26%) Bloomberg
2 4 (1.26%) Reuters
2 4 (1.26%) Splunk
3 3 (0.95%) Microsoft
4 1 (0.32%) Murex