Period
to 9 April 2020

The following table provides summary statistics for permanent job vacancies with a requirement for Quantitative Risk Management skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Quantitative Risk Management over the 6 months to 9 April 2020 with a comparison to the same period in the previous 2 years.

Quantitative Risk Management (QRM)
UK
6 months to
9 Apr 2020
Same period 2019 Same period 2018
Rank 975 1130 1190
Rank change year-on-year +155 +60 -
Permanent jobs citing Quantitative Risk Management 7 1 19
As % of all permanent jobs advertised in the UK 0.006% 0.001% 0.011%
As % of the Processes & Methodologies category 0.007% 0.001% 0.012%
Number of salaries quoted 5 0 16
Median annual salary £150,000 - £65,000
10th Percentile £54,750 - £36,000
90th Percentile £175,000 - £152,500
UK excluding London median annual salary - - £39,000

Quantitative Risk Management is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Permanent vacancies with a requirement for process or methodology skills 105,988 137,424 163,586
As % of all permanent IT jobs advertised in the UK 92.04% 92.21% 92.31%
Number of salaries quoted 84,055 108,077 132,865
Median annual salary £55,000 £52,500 £50,000
Median salary % change year-on-year +4.76% +5.00% +5.26%
10th Percentile £31,250 £30,000 £29,000
90th Percentile £88,750 £85,000 £81,250
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +5.88%

Quantitative Risk Management
Job Vacancy Trend

Job postings citing Quantitative Risk Management as a proportion of all IT jobs advertised.

Job vacancy trend for Quantitative Risk Management in the UK

Quantitative Risk Management
Salary Trend

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

Salary trend for Quantitative Risk Management in the UK

Quantitative Risk Management
Salary Histogram

Salary distribution for jobs citing Quantitative Risk Management over the 6 months to 9 April 2020.

Salary histogram for Quantitative Risk Management in the UK

Quantitative Risk Management
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 Risk Management within the UK over the 6 months to 9 April 2020. 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 +139 5 £150,000 - 2
London +106 5 £150,000 - 2
Northern Ireland - 2 - -
UK excluding London - 2 - -

For the 6 months to 9 April 2020, IT jobs citing Quantitative Risk Management also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads with a requirement for Quantitative Risk Management.

1 7 (100.00%) Risk Management
1 7 (100.00%) Finance
2 4 (57.14%) Fixed Income
2 4 (57.14%) Degree
2 4 (57.14%) Mathematics
2 4 (57.14%) Computer Science
2 4 (57.14%) C++
2 4 (57.14%) Python
2 4 (57.14%) Analytics
3 3 (42.86%) Market Making
3 3 (42.86%) Visualisation
3 3 (42.86%) Electronic Trading
3 3 (42.86%) Data Visualisation
3 3 (42.86%) Computer Science Degree
3 3 (42.86%) Backtesting
3 3 (42.86%) Predictive Analytics
4 2 (28.57%) Stakeholder Management
4 2 (28.57%) Project Planning
4 2 (28.57%) Resource Management
4 2 (28.57%) Project Management
4 2 (28.57%) Change Management
4 2 (28.57%) PMP
4 2 (28.57%) PMI Certification
4 2 (28.57%) PRINCE2
4 2 (28.57%) Thought Leadership
4 2 (28.57%) Public Sector
4 2 (28.57%) Systematic Trading
4 2 (28.57%) Compliance Management
4 2 (28.57%) Risk and Compliance Management
4 2 (28.57%) PMO

Quantitative Risk Management
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:

Communications & Networking
1 1 (14.29%) FTP
General
1 7 (100.00%) Finance
2 2 (28.57%) Public Sector
3 1 (14.29%) Front Office
Job Titles
1 3 (42.86%) Developer
1 3 (42.86%) Python Developer
1 3 (42.86%) Quantitative Developer
2 2 (28.57%) Consultant
2 2 (28.57%) Management Consultant
2 2 (28.57%) Risk Consultant
2 2 (28.57%) Risk Management Consultant
3 1 (14.29%) C++ Developer
3 1 (14.29%) C++ Quantitative Developer
Libraries, Frameworks & Software Standards
1 1 (14.29%) Boost C++ Libraries
1 1 (14.29%) STL
Miscellaneous
1 4 (57.14%) Fixed Income
2 1 (14.29%) Analytical Skills
Operating Systems
1 1 (14.29%) Linux
1 1 (14.29%) Unix
Processes & Methodologies
1 7 (100.00%) Risk Management
2 4 (57.14%) Analytics
2 4 (57.14%) Computer Science
2 4 (57.14%) Mathematics
3 3 (42.86%) Backtesting
3 3 (42.86%) Data Visualisation
3 3 (42.86%) Electronic Trading
3 3 (42.86%) Market Making
3 3 (42.86%) Predictive Analytics
3 3 (42.86%) Visualisation
4 2 (28.57%) Change Management
4 2 (28.57%) Compliance Management
4 2 (28.57%) PRINCE2
4 2 (28.57%) Project Governance
4 2 (28.57%) Project Management
4 2 (28.57%) Project Planning
4 2 (28.57%) Risk and Compliance Management
4 2 (28.57%) Stakeholder Management
4 2 (28.57%) Systematic Trading
4 2 (28.57%) Thought Leadership
Programming Languages
1 4 (57.14%) C++
1 4 (57.14%) Python
2 1 (14.29%) MATLAB
2 1 (14.29%) R
2 1 (14.29%) SQL
Qualifications
1 4 (57.14%) Degree
2 3 (42.86%) Computer Science Degree
3 2 (28.57%) PMI Certification
3 2 (28.57%) PMP
4 1 (14.29%) PhD
Quality Assurance & Compliance
1 2 (28.57%) PMO