Quantitative Analyst Salaries in United Kingdom

Updated 6 Dec 2023
Base Pay Range
£62K - £114K/yr
Average Base Pay

872 salaries

£72K

Low

£105K

Average

£158K

High

Additional Cash Compensation
Average£20,675Range£9,754 - £43,826
The average salary for Quantitative Analyst is £104,890 per year in the United Kingdom. The average additional cash compensation for a Quantitative Analyst in the United Kingdom is £20,675, with a range from £9,754 - £43,826. Salaries estimates are based on 872 salaries submitted anonymously to Glassdoor by Quantitative Analyst employees in United Kingdom.

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Salaries in United Kingdom

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Average Base Salary in (GBP)

Range

Barclays
4

Barclays

Quantitative Analyst

£107,588

 /yr
Range: £43K - £250K
90 salaries
See 101 salaries from all locations

£43K

£250K

£42,706 - £250,438 Range

UBS
4

UBS

Quantitative Analyst

£120,298

 /yr
Range: £59K - £350K
48 salaries
See 54 salaries from all locations

£59K

£350K

£58,861 - £350,000 Range

Citi
3.9

Citi

Quantitative Analyst

£141,118

 /yr
Range: £84K - £298K
40 salaries
See 42 salaries from all locations

£84K

£298K

£84,035 - £297,719 Range

Bank of America
4

Bank of America

Quantitative Analyst

£85,000

 /yr
Range: £52K - £221K
36 salaries
See 41 salaries from all locations

£52K

£221K

£52,433 - £221,104 Range

BNP Paribas
3.8

BNP Paribas

Quantitative Analyst

£121,765

 /yr
Range: £58K - £168K
35 salaries
See 40 salaries from all locations

£58K

£168K

£58,469 - £168,417 Range

Goldman Sachs
3.8

Goldman Sachs

Quantitative Analyst

£107,719

 /yr
Range: £54K - £207K
25 salaries
See 27 salaries from all locations

£54K

£207K

£53,859 - £207,061 Range

J.P. Morgan
4

J.P. Morgan

Quantitative Analyst

£120,372

 /yr
Range: £77K - £273K
24 salaries
See 30 salaries from all locations

£77K

£273K

£77,192 - £272,692 Range

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HSBC
3.8

HSBC

Quantitative Analyst

£88,368

 /yr
Range: £68K - £235K
24 salaries
See 28 salaries from all locations

£68K

£235K

£67,959 - £234,581 Range

Credit Suisse
3.9

Credit Suisse

Quantitative Analyst

£96,191

 /yr
Range: £67K - £467K
19 salaries
See 22 salaries from all locations

£67K

£467K

£67,335 - £466,987 Range

Deutsche Bank
3.8

Deutsche Bank

Quantitative Analyst

£94,919

 /yr
Range: £60K - £163K
18 salaries
See 19 salaries from all locations

£60K

£163K

£59,816 - £163,035 Range

Santander
3.8

Santander

Quantitative Analyst

£59,378

 /yr
Range: £33K - £101K
16 salaries
See 16 salaries from all locations

£33K

£101K

£33,393 - £101,113 Range

Man Group
4.2

Man Group

Quantitative Analyst

£122,686

 /yr
Range: £98K - £286K
15 salaries
See 16 salaries from all locations

£98K

£286K

£98,159 - £286,135 Range

CMC Markets
2

CMC Markets

Quantitative Analyst

£77,547

 /yr
Range: £32K - £135K
14 salaries
See 14 salaries from all locations

£32K

£135K

£32,000 - £134,942 Range

Morgan Stanley
3.9

Morgan Stanley

Quantitative Analyst

£121,264

 /yr
Range: £56K - £356K
14 salaries
See 18 salaries from all locations

£56K

£356K

£55,709 - £356,271 Range

NatWest Group
4

NatWest Group

Quantitative Analyst

£87,780

 /yr
Range: £69K - £170K
12 salaries
See 15 salaries from all locations

£69K

£170K

£68,657 - £170,214 Range

White Swan Data
3

White Swan Data

Quantitative Analyst

£51,807

 /yr
Range: £39K - £98K
11 salaries
See 11 salaries from all locations

£39K

£98K

£39,368 - £98,056 Range

Lloyds Banking Group
3.3

Lloyds Banking Group

Quantitative Analyst

£83,145

 /yr
Range: £64K - £107K
10 salaries
See 16 salaries from all locations

£64K

£107K

£64,085 - £107,195 Range

Nomura Holdings
3.8

Nomura Holdings

Quantitative Analyst

£97,301

 /yr
Range: £61K - £154K
10 salaries
See 12 salaries from all locations

£61K

£154K

£60,770 - £154,038 Range

Bank of America Merrill Lynch
3.9

Bank of America Merrill Lynch

Quantitative Analyst

£75,247

 /yr
Range: £52K - £141K
9 salaries
See 9 salaries from all locations

£52K

£141K

£51,820 - £140,599 Range

Commerzbank
3.9

Commerzbank

Quantitative Analyst

£71,878

 /yr
Range: £59K - £127K
9 salaries
See 10 salaries from all locations

£59K

£127K

£58,704 - £127,030 Range

Download as data table

Quantitative Analyst Salaries

Job TitleSalary
Quantitative Analyst salaries - 90 salaries reported£107,588/yr
Quantitative Analyst salaries - 48 salaries reported£120,298/yr
Quantitative Analyst salaries - 40 salaries reported£141,118/yr
Quantitative Analyst salaries - 36 salaries reported£85,000/yr
Quantitative Analyst salaries - 35 salaries reported£121,765/yr
Quantitative Analyst salaries - 25 salaries reported£107,719/yr
Quantitative Analyst salaries - 24 salaries reported£120,372/yr
Quantitative Analyst salaries - 24 salaries reported£88,368/yr
Quantitative Analyst salaries - 19 salaries reported£96,191/yr
Quantitative Analyst salaries - 18 salaries reported£94,919/yr
Quantitative Analyst salaries - 16 salaries reported£59,378/yr
Quantitative Analyst salaries - 15 salaries reported£122,686/yr
Quantitative Analyst salaries - 14 salaries reported£77,547/yr
Quantitative Analyst salaries - 14 salaries reported£121,264/yr
Quantitative Analyst salaries - 12 salaries reported£87,780/yr
Quantitative Analyst salaries - 11 salaries reported£51,807/yr
Quantitative Analyst salaries - 10 salaries reported£83,145/yr
Quantitative Analyst salaries - 10 salaries reported£97,301/yr
Quantitative Analyst salaries - 9 salaries reported£75,247/yr
Quantitative Analyst salaries - 9 salaries reported£71,878/yr
Viewing 1 - 10 of 2,139

Frequently asked questions about a Quantitative Analyst salaries

The average salary for a Quantitative Analyst is £104,890 per year in United Kingdom. Salaries estimates are based on 872 salaries submitted anonymously to Glassdoor by a Quantitative Analyst employees in United Kingdom.

The highest salary for a Quantitative Analyst in United Kingdom is £158,275 per year.

The lowest salary for a Quantitative Analyst in United Kingdom is £71,722 per year.

Quantitative analyst pay is relatively high compared to the average salary, and generally higher than that of other analysts. This premium reflects the position's comparatively high barriers to entry. Quantitative analysts with expertise related to the financial services sector sometimes earn especially high pay. Candidates can increase their earning capacity by taking on a senior analytics position which could earn them around six figures.

Looking to increase your earning potential as a quantitative analyst? There are several options available to you. Pay can vary across industries, so consider moving into the top-paying industries, which are typically finance and investment, with hedge funds, investment banks, and asset management firms offering some of the highest salaries. Stand out by obtaining a master's or PhD in a related field like maths or statistics which can help you move into higher-paying positions more quickly.

To make yourself more marketable, consider learning programming languages like Python or Basel III, as well as commonly used systems like MATLAB or CMA. This may open up opportunities for promotion too. Make sure you stay up-to-date with the latest technological developments to keep you competitive in the job market and increase your chances of earning a higher salary.

Whether you’re preparing to ask for a pay rise or you’re looking for new job openings, first research the average salary for a quantitative analyst with your experience in your area. This will give you a good idea of where your salary is on the scale and put you in a favourable position to negotiate. If you have a well-rounded profile, you can safely aim for at least a 10% increase. When negotiating after a job offer, keep it simple. Explain how you can contribute to the company and say something like, "I'm excited to work with this company! Is there any wiggle room on the salary? I was hoping it would be closer to this amount."

About 72.86% of Quantitative Analyst professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional £20,675 in potential pay per year, among other factors, can qualify the annual pay of a Quantitative Analyst in United Kingdom as a good salary.

Quantitative Analyst professionals in United Kingdom have a wide total pay range, between £52,100 and £236,920 depending on experience, with an estimated total pay of £104,984 following the average career path of a Quantitative Analyst.

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