Period
to 25 November 2017

The median annual salary for a Senior Quantitative Analyst was £127,500 in advertised job vacancies during the 6 months to 25 November 2017.

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

Senior Quant Analyst
UK
6 months to
25 Nov 2017
Same period 2016 Same period 2015
Rank 1180 1216 1291
Rank change year-on-year +36 +75 +40
Permanent jobs requiring a Senior Quantitative Analyst 8 7 4
As % of all permanent IT jobs advertised in the UK 0.004% 0.004% 0.002%
As % of the Job Titles category 0.005% 0.004% 0.002%
Number of salaries quoted 8 7 1
UK median annual salary £127,500 £90,000 £85,000
Median salary % change year-on-year +41.67% +5.88% -15.00%
10th Percentile £83,750 £69,500 £80,000
90th Percentile £135,000 £104,750 £90,000
UK excluding London median annual salary £72,500 - -

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 171576 182627 210672
% of permanent IT jobs with a recognized job title 95.80% 96.49% 96.47%
Number of salaries quoted 137617 152768 175132
UK median annual salary £48,500 £47,500 £45,000
Median salary % change year-on-year +2.11% +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 £41,000
% change year-on-year - +3.66% +2.50%

Senior Quantitative Analyst
Job Vacancy Trend

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

Job vacancy trend for Senior Quantitative Analyst in the UK

Senior Quantitative Analyst
Salary Trend

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

Salary trend for Senior Quantitative Analyst in the UK

Senior Quantitative Analyst
Salary Histogram

The salary distribution of IT jobs citing Senior Quantitative Analyst over the 6 months to 25 November 2017.

Salary histogram for Senior Quantitative Analyst in the UK

Senior Quantitative Analyst
Top 5 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Senior Quantitative Analyst within the UK over the 6 months to 25 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 +19 8 £127,500 +41.67%
London +7 7 £135,000 +47.95%
North East - 1 £72,500 -
UK excluding London - 1 £72,500 -
North of England - 1 £72,500 -

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

For the 6 months to 25 November 2017, Senior Quantitative 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 Senior Quantitative Analyst in the job title.

1 8 (100.00%) Finance
1 8 (100.00%) Mathematics
2 7 (87.50%) C++
3 6 (75.00%) Banking
3 6 (75.00%) Investment Banking
3 6 (75.00%) Analytics
4 4 (50.00%) CUDA
5 3 (37.50%) Front Office
5 3 (37.50%) Foreign Exchange (FX)
5 3 (37.50%) Derivative
5 3 (37.50%) Physics
6 2 (25.00%) Java
6 2 (25.00%) OO
6 2 (25.00%) Python
6 2 (25.00%) PhD
6 2 (25.00%) Credit Risk
6 2 (25.00%) R
6 2 (25.00%) Hedge funds
7 1 (12.50%) Quantitative Finance
7 1 (12.50%) Regulatory Compliance
7 1 (12.50%) Stress Testing
7 1 (12.50%) Financial Modelling
7 1 (12.50%) Monte Carlo Method
7 1 (12.50%) Financial Analysis
7 1 (12.50%) Applied Mathematics
7 1 (12.50%) SAS
7 1 (12.50%) SQL
7 1 (12.50%) MATLAB
7 1 (12.50%) Risk Management
7 1 (12.50%) Equities

Senior Quantitative 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:

Application Platforms
1 1 (12.50%) SAS
General
1 8 (100.00%) Finance
2 6 (75.00%) Banking
2 6 (75.00%) Investment Banking
3 3 (37.50%) Front Office
Miscellaneous
1 4 (50.00%) CUDA
2 3 (37.50%) Derivative
2 3 (37.50%) Foreign Exchange (FX)
3 2 (25.00%) Credit Risk
3 2 (25.00%) Hedge funds
4 1 (12.50%) Computer Science
4 1 (12.50%) Equities
Processes & Methodologies
1 8 (100.00%) Mathematics
2 6 (75.00%) Analytics
3 3 (37.50%) Physics
4 2 (25.00%) OO
5 1 (12.50%) Applied Mathematics
5 1 (12.50%) Asset Management
5 1 (12.50%) Financial Analysis
5 1 (12.50%) Financial Modelling
5 1 (12.50%) Fund Management
5 1 (12.50%) Monte Carlo Method
5 1 (12.50%) Quantitative Finance
5 1 (12.50%) Regulatory Compliance
5 1 (12.50%) Risk Management
5 1 (12.50%) Statistics
5 1 (12.50%) Stress Testing
5 1 (12.50%) Validation
Programming Languages
1 7 (87.50%) C++
2 2 (25.00%) Java
2 2 (25.00%) Python
2 2 (25.00%) R
3 1 (12.50%) MATLAB
3 1 (12.50%) SQL
Qualifications
1 2 (25.00%) PhD
2 1 (12.50%) Degree