What does a Quantitative Developer do?

Quantitative developers are software developers and engineers who provide technological tools, systems. and solutions for investment banks and financial services firms. They develop infrastructures that serve as the foundation upon which advisors can access data used to manage investment accounts and service clients. They write code to develop programs for live trading and simulation models. They create libraries and other systems to manage and organize data sets, ensuring they are capable of managing large volumes of information efficiently. They may also implement and oversee data analytics systems for evaluating metrics.

Quantitative developers typically have a bachelor’s degree in computer science, engineering, or another technical field. They commonly have a background in software programming and development roles. They should be experienced with coding and programming, and have proficiency in common programming languages.

EducationBachelor's Degree
Work/Life Balance
3.9 ★
Salary Range--
Career Opportunity
3.8 ★
Avg. Experience2-4 years

Quantitative Developer Salaries

Average Base Pay

£88,966 /yr
Same as national average
Not including cash compensation
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£56K
Median: £89K
£141K
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Glassdoor Estimated Salary

Quantitative Developer Career Path

Learn how to become a Quantitative Developer, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L2
Quantitative Developer
£88,966/yr
L3
See Career Path

Quantitative Developer Insights

Read what Quantitative Developer professionals have to say about their job experiences and view top companies for this career.
BNP ParibasBNP Paribas
Quantitative Developer
6 Nov 2020

“Pay is not the best”

CitiCiti
Senior Quant Developer
15 Oct 2021

“Not the best salaries compared to the market”

NatWest GroupNatWest Group
Quantitative Developer
20 Aug 2021

“Not the best salaries when compared to other banks”

Fortress Investment GroupFortress Investment Group
Quantitative Developer
8 Feb 2021

“pretty good work life balance”

CitadelCitadel
Quantitative Developer
24 Sep 2019

“Ownership of projects”

JPMorgan Investment ManagementJPMorgan Investment Management
Senior Quant Developer
14 May 2021

“Good stock performance relative to peers.”

NatwestNatwest
Quantitative Developer
13 Jan 2021

“Pay is inferior to the industry average.”

Bank of AmericaBank of America
Junior Quant Developer
9 Aug 2020

“Good projects and good experience”

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Quantitative Developer Interviews

Related Careers

Quantitative Analyst
£73,353
38% skills overlap
Portfolio Manager
£62,146
No skills overlap
Quantitative Researcher
£95,151
13% skills overlap
Trader
£65,081
13% skills overlap

Quantitative Developer jobs

Frequently asked questions about the role and responsibilities of a quantitative developer

When working as a quantitative developer, the most common skills you will need to perform your job and for career success are Python SAS, Quant, Derivatives, SCIKIT-LEARN and Statistics.

The most similar professions to quantitative developer are:
  • Quantitative Analyst
  • Portfolio Manager
  • Quantitative Researcher
  • Trader

The most common qualifications to become a quantitative developer is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.