Quantitative Developer Jobs

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
Location	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
Applications
Business Applications
Database & Business Intelligence
Development Applications
General
Libraries, Frameworks & Software Standards
Miscellaneous
Operating Systems
Processes & Methodologies
Programming Languages
Qualifications
Quality Assurance & Compliance
Vendors

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