Quantitative Developer Jobs in London

Quant Developer
England > London

The median Quant Developer salary in London is £137,500 per year according to job vacancies posted during the 6 months to 23 May 2024.

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

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 364 526 770
Rank change year-on-year +162 +244 -251
Permanent jobs requiring a Quantitative Developer 149 104 129
As % of all permanent jobs advertised in London 0.63% 0.31% 0.18%
As % of the Job Titles category 0.67% 0.33% 0.19%
Number of salaries quoted 101 86 113
10th Percentile £97,500 £77,500 £75,250
25th Percentile £100,000 £97,500 £81,250
Median annual salary (50th Percentile) £137,500 £127,500 £100,000
Median % change year-on-year +7.84% +27.50% -13.04%
75th Percentile £155,000 £150,000 £132,500
90th Percentile £172,500 £162,500 £150,000
England median annual salary £137,500 £125,000 £100,000
% change year-on-year +10.00% +25.00% -13.04%

All Permanent IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in London. 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.

Permanent vacancies in London with a recognized job title 22,363 31,644 68,018
% of permanent jobs with a recognized job title 94.34% 95.15% 96.27%
Number of salaries quoted 16,672 23,333 34,565
10th Percentile £37,500 £42,360 £41,250
25th Percentile £51,250 £55,000 £52,500
Median annual salary (50th Percentile) £70,000 £72,500 £70,000
Median % change year-on-year -3.45% +3.57% -
75th Percentile £93,750 £95,000 £91,250
90th Percentile £115,000 £115,000 £110,000
England median annual salary £52,550 £60,800 £60,000
% change year-on-year -13.57% +1.33% +9.09%

Quantitative Developer
Job Vacancy Trend in London

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

Job vacancy trend for Quantitative Developer in London

Quantitative Developer
Salary Trend in London

3-month moving average salary quoted in jobs citing Quantitative Developer in London.

Salary trend for Quantitative Developer in London

Quantitative Developer
Salary Histogram in London

Salary distribution for jobs citing Quantitative Developer in London over the 6 months to 23 May 2024.

Salary histogram for Quantitative Developer in London

Quantitative Developer
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Developer within the London region over the 6 months to 23 May 2024. 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
Jobs
Central London +58 15 £106,250 -21.30%
Quantitative Developer
England

Quantitative Developer Skill Set
Top 30 Co-occurring Skills and Capabilities in London

For the 6 months to 23 May 2024, Quantitative Developer job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the London region featuring Quantitative Developer in the job title.

1 105 (70.47%) Python
2 94 (63.09%) Finance
3 66 (44.30%) Quantitative Research
4 65 (43.62%) Hedge funds
5 62 (41.61%) Fixed Income
6 61 (40.94%) Front Office
7 56 (37.58%) Equities
8 46 (30.87%) Software Engineering
9 45 (30.20%) AWS
10 44 (29.53%) Agile
11 43 (28.86%) Azure
12 40 (26.85%) Asset Management
13 39 (26.17%) Derivative
14 38 (25.50%) Java
14 38 (25.50%) GCP
15 37 (24.83%) R
15 37 (24.83%) Investment Management
16 36 (24.16%) Bloomberg
17 35 (23.49%) C++
18 33 (22.15%) Algorithmic Trading
19 29 (19.46%) Degree
19 29 (19.46%) Mathematics
20 27 (18.12%) Computer Science
20 27 (18.12%) Social Skills
21 25 (16.78%) Algorithms
22 17 (11.41%) Electronic Trading
23 16 (10.74%) Analytics
23 16 (10.74%) Investment Banking
23 16 (10.74%) Banking
23 16 (10.74%) Quantitative Trading

Quantitative Developer Skill Set
Co-occurring Skills and Capabilities in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 5 (3.36%) Apache
1 5 (3.36%) Apache Spark
2 1 (0.67%) Apache Airflow
2 1 (0.67%) SAS
Applications
1 2 (1.34%) Microsoft Excel
Cloud Services
1 45 (30.20%) AWS
2 43 (28.86%) Azure
3 38 (25.50%) GCP
4 3 (2.01%) Cloud Computing
5 2 (1.34%) Power Platform
5 2 (1.34%) WhatsApp
6 1 (0.67%) Amazon S3
Communications & Networking
1 3 (2.01%) Multicast
Database & Business Intelligence
1 4 (2.68%) KDB
1 4 (2.68%) SQL Server
2 2 (1.34%) Big Data
2 2 (1.34%) Hadoop
2 2 (1.34%) Kdb+
2 2 (1.34%) Power BI
2 2 (1.34%) SQL Server Reporting Services
3 1 (0.67%) Dremio
3 1 (0.67%) Flink
3 1 (0.67%) NoSQL
3 1 (0.67%) Tick Data
Development Applications
1 4 (2.68%) Git
2 1 (0.67%) Mockito
General
1 94 (63.09%) Finance
2 61 (40.94%) Front Office
3 27 (18.12%) Social Skills
4 16 (10.74%) Banking
4 16 (10.74%) Investment Banking
5 3 (2.01%) Financial Institution
6 2 (1.34%) Advertising
6 2 (1.34%) Analytical Skills
6 2 (1.34%) Law
7 1 (0.67%) Games
Libraries, Frameworks & Software Standards
1 15 (10.07%) FIX Protocol
2 9 (6.04%) NumPy
2 9 (6.04%) Pandas
3 3 (2.01%) scikit-learn
3 3 (2.01%) SciPy
3 3 (2.01%) WebSockets
4 2 (1.34%) Apache Commons
4 2 (1.34%) PySpark
4 2 (1.34%) PyTorch
4 2 (1.34%) React
5 1 (0.67%) .NET
5 1 (0.67%) Dask
5 1 (0.67%) gRPC
5 1 (0.67%) Kafka
5 1 (0.67%) OpenTelemetry
Miscellaneous
1 65 (43.62%) Hedge funds
2 62 (41.61%) Fixed Income
3 56 (37.58%) Equities
4 39 (26.17%) Derivative
5 25 (16.78%) Algorithms
6 14 (9.40%) Foreign Exchange (FX)
7 11 (7.38%) Data Structures
8 5 (3.36%) Distributed Computing
8 5 (3.36%) Distributed Systems
9 3 (2.01%) Client/Server
9 3 (2.01%) Greenfield Project
10 1 (0.67%) Cloud Native
10 1 (0.67%) Distributed Applications
Operating Systems
1 9 (6.04%) Linux
Processes & Methodologies
1 66 (44.30%) Quantitative Research
2 46 (30.87%) Software Engineering
3 44 (29.53%) Agile
4 40 (26.85%) Asset Management
5 37 (24.83%) Investment Management
6 33 (22.15%) Algorithmic Trading
7 29 (19.46%) Mathematics
8 27 (18.12%) Computer Science
9 17 (11.41%) Electronic Trading
10 16 (10.74%) Analytics
10 16 (10.74%) Quantitative Trading
11 15 (10.07%) Problem-Solving
11 15 (10.07%) Quantitative Finance
12 14 (9.40%) Market Making
12 14 (9.40%) Proprietary Trading
13 13 (8.72%) Backtesting
14 12 (8.05%) Data Science
14 12 (8.05%) Fintech
15 11 (7.38%) Low Latency
16 10 (6.71%) Machine Learning
Programming Languages
1 105 (70.47%) Python
2 38 (25.50%) Java
3 37 (24.83%) R
4 35 (23.49%) C++
5 12 (8.05%) C#
6 7 (4.70%) SQL
7 2 (1.34%) JavaScript
7 2 (1.34%) T-SQL
7 2 (1.34%) VBA
8 1 (0.67%) C
8 1 (0.67%) MATLAB
8 1 (0.67%) Scala
Qualifications
1 29 (19.46%) Degree
2 15 (10.07%) Master's Degree
2 15 (10.07%) PhD
3 4 (2.68%) Computer Science Degree
Quality Assurance & Compliance
1 1 (0.67%) MiFID
System Software
1 1 (0.67%) Docker
1 1 (0.67%) Slurm Workload Manager
Systems Management
1 8 (5.37%) Kubernetes
2 1 (0.67%) Prometheus
Vendors
1 36 (24.16%) Bloomberg
2 2 (1.34%) Microsoft
2 2 (1.34%) Oracle
2 2 (1.34%) Sybase
3 1 (0.67%) Solace