Period
to 21 November 2017

The median annual salary for a Quantitative Risk Analyst was £120,000 in advertised job vacancies during the 6 months to 21 November 2017.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Quantitative Risk Analyst
UK
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 1203 1242 1291
Rank change year-on-year +39 +49 +36
Permanent jobs requiring a Quantitative Risk Analyst 3 1 10
As % of all permanent IT jobs advertised in the UK 0.002% 0.001% 0.005%
As % of the Job Titles category 0.002% 0.001% 0.005%
Number of salaries quoted 3 1 9
UK median annual salary £120,000 £75,000 £50,000
Median salary % change year-on-year +60.00% +50.00% -47.37%
UK excluding London median annual salary - - -

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 173309 182267 209632
% of permanent IT jobs with a recognized job title 95.79% 96.49% 96.46%
Number of salaries quoted 139088 152628 174119
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 Risk Analyst
Job Vacancy Trend

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

Job vacancy trend for Quantitative Risk Analyst in the UK

Quantitative Risk Analyst
Salary Trend

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

Salary trend for Quantitative Risk Analyst in the UK

Quantitative Risk Analyst
Salary Histogram

The salary distribution of IT jobs citing Quantitative Risk Analyst over the 6 months to 21 November 2017.

Salary histogram for Quantitative Risk Analyst in the UK

Quantitative Risk Analyst
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Risk Analyst within the UK over the 6 months to 21 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
London +27 3 £120,000 +60.00%
England +26 3 £120,000 +60.00%

Quantitative Risk Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 21 November 2017, Quantitative Risk Analyst 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 Risk Analyst in the job title.

1 3 (100.00%) Finance
1 3 (100.00%) Mathematics
1 3 (100.00%) Statistics
1 3 (100.00%) Analytics
1 3 (100.00%) Time Series Analysis
2 2 (66.67%) Credit Risk Modelling
2 2 (66.67%) IFRS
2 2 (66.67%) IFRS 9
2 2 (66.67%) Capital Modelling
2 2 (66.67%) Credit Risk Analytics
2 2 (66.67%) Risk Analytics
2 2 (66.67%) Statistical Modelling
2 2 (66.67%) Credit Risk
2 2 (66.67%) Banking
2 2 (66.67%) Investment Banking
2 2 (66.67%) Python
2 2 (66.67%) PhD
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) C#
3 1 (33.33%) C++
3 1 (33.33%) SQL
3 1 (33.33%) VBA
3 1 (33.33%) OOP
3 1 (33.33%) OO
3 1 (33.33%) Doxygen
3 1 (33.33%) Statistical Analysis
3 1 (33.33%) Derivative
3 1 (33.33%) Subversion
3 1 (33.33%) Monte Carlo Method
3 1 (33.33%) Git (software)

Quantitative Risk Analyst 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:

Applications
1 1 (33.33%) Doxygen
1 1 (33.33%) LaTeX
Development Applications
1 1 (33.33%) Git (software)
1 1 (33.33%) Subversion
General
1 3 (100.00%) Finance
2 2 (66.67%) Banking
2 2 (66.67%) Investment Banking
Miscellaneous
1 2 (66.67%) Credit Risk
2 1 (33.33%) Computer Science
2 1 (33.33%) Derivative
2 1 (33.33%) Foreign Exchange (FX)
Processes & Methodologies
1 3 (100.00%) Analytics
1 3 (100.00%) Mathematics
1 3 (100.00%) Statistics
1 3 (100.00%) Time Series Analysis
2 2 (66.67%) Capital Modelling
2 2 (66.67%) Credit Risk Analytics
2 2 (66.67%) Credit Risk Modelling
2 2 (66.67%) Risk Analytics
2 2 (66.67%) Statistical Modelling
3 1 (33.33%) Applied Mathematics
3 1 (33.33%) Functional Testing
3 1 (33.33%) Monte Carlo Method
3 1 (33.33%) OO
3 1 (33.33%) OOP
3 1 (33.33%) Physics
3 1 (33.33%) Probability Theory
3 1 (33.33%) Statistical Analysis
3 1 (33.33%) Test Automation
Programming Languages
1 2 (66.67%) Python
2 1 (33.33%) C#
2 1 (33.33%) C++
2 1 (33.33%) R
2 1 (33.33%) SQL
2 1 (33.33%) VBA
Qualifications
1 2 (66.67%) PhD
Quality Assurance & Compliance
1 2 (66.67%) IFRS
1 2 (66.67%) IFRS 9