The Breakdown - Financial Technology 2016 Salary & Rate Report

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The Breakdown Financial Technology 2016 Salary & Rate Report

Transcript of The Breakdown - Financial Technology 2016 Salary & Rate Report

Page 1: The Breakdown - Financial Technology 2016 Salary & Rate Report

The Breakdown Financial Technology 2016 Salary & Rate Report

Page 2: The Breakdown - Financial Technology 2016 Salary & Rate Report

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Contents

Infrastructure and Networking 2016 Salary Survey

Compliance 2016 Salary Survey

Change and Professional Services 2016 Salary Survey

Quantitative Trading Salary Trends

Permanent Testing Market 2016

Permanent C#/.Net Market

Permanent Web/Front End Development

Permanent Java Development

Permanent Application Support Salary Trends

2016 Contract Rates for London’s FinTech Market

The 2016 FinTech Sales Market

Contact Harrington Starr

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Page 3: The Breakdown - Financial Technology 2016 Salary & Rate Report

Network EngineerJunior up to £40k

Middle £50k - £60kSenior £65k - £80k

Manager £85k - £90k

SecurityJunior £45kMid 60kSenior up to £85kInfo Sec Manager £85k - £100k

Windows1st Line up to £30k2nd Line £35k2nd/3rd £45kSystem Engineer £50k - £60kService Desk Manager up to £50kDesktop Support Manager up to £60kInfrastructure Manager £80k - £100k

Cloud Cloud Engineer £65kCloud Architect £75k - £90k

Linux1st Line £35k

2nd Line £40k - £45kSystems Engineer/Systems Admin £55k - £65k

Senior Sys Admin £80k - £90k

DevOpsJunior £45kMid £60kSenior £70k - £90k

The Breakdown Infrastructure and Networking 2016 Salary Survey

W W W . H A R R I N G T O N S T A R R . C O MT: +0044 203 587 7007 E: [email protected] 3

Page 4: The Breakdown - Financial Technology 2016 Salary & Rate Report

The Breakdown Compliance 2016 Salary Survey

W W W . H A R R I N G T O N S T A R R . C O MT: +0044 203 587 7007 E: [email protected]

AML/KYC Officer or Analyst £35k - £60k

Compliance Officer £50k - £70k

Senior Compliance £70k - £85k

Head of Compliance/ CF Function £90k - £130k

Chief Compliance Officer £110k+

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The Breakdown Change and Professional Services 2016 Salary Survey

CONSULTANCY

CONSULTANCYEXCHANGE/BROKERAGE

EXCHANGE/BROKERAGE

SELL SIDE

SELL SIDE

VENDOR

VENDORBUY SIDE/ COMMODITIES

HOUSE

BUY SIDE/ COMMODITIES

HOUSE

W W W . H A R R I N G T O N S T A R R . C O MT: +0044 203 587 7007 E: [email protected]

Junior

Mid

Senior/Lead

Head

£40k - £50k

£50k - £75k

75k - £95k

£100k+

£40k - £50

£50k - £70

£70k - £85

£60k - £75k

£75k - £90k

£55k - £65k

£65k - £80k

£80k+

£50k - £65k

£65k - £85k

£85k - £95k

£95k+

business analyst

15%15% 10-30%10-30% 10-20%10-20% 10-25%10-25% 10-50%10-50%

Junior

Mid

Senior

Head

Programme Manager

£55k - £65k

£65k - £75k

£75k - £100k

£100k+

£80k - £120k

£45k - £55k

£55k - £70k

£70k - £100k

£90k+

£60-k - £70k

£70k - £100k

£110k+

£65k - £85k

£85k - £95k

£100k+

£60k - £80k

£80k - £100k

£120k+

£120k+

Project manager

BonusBonus

VENDOR

Mid

Senior

Senior Strategic Product Manager/owner

£65k - £80k

£80k - £100k

£100k+

product manager

10-30%Bonus

VENDOR

Junior

Mid

Senior/Lead/Manager

£40k - £55k

£55k - £65k

£65k - £90k

implementation Consultant

10-30%Bonus

VENDOR

Head £120k - £170k

professional services

10-30%Bonus

VENDOR

Senior

Senior Strategic Product Manager/owner

£100k - £120k

£120k+

Business Area Product Manager

10-30%Bonus

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Page 6: The Breakdown - Financial Technology 2016 Salary & Rate Report

The Breakdown Quantitative Trading Salary Trends

Masters or PhD Quant straight out of University

Data Science/Vendor Position £40k - £50k

Investment Banking Role £60k - £65k

Mid Tier Hedge Fund/Proprietary Trading Firm £55k - £70k

Top Tier Hedge Fund/Proprietary Trading Firm £65k - £80k

For anyone with a degree or PhD in a mathematics, scientific or

quantitative subject this continue to be a well trodden path to

head down however the competition is incredibly fierce and the real

top roles are very hard to come by. A number of people apply and few

are able to secure positions. There is a higher acceptance rate

amongst Data Science, Vendor and Investment Banking positions

but the work/salary is as lucrative as the buy-side.

Researchers/Traders with 1-3 years experience

Investment Banking £65k - £90k

Mid Tier Hedge Fund/Proprietary Trading Firm £70k - £100k

Top Tier Hedge Fund/Proprietary Trading Firm £80k - £120k

Traders generating PnL/Portfolio Managers

Investment Banking £120k - £200k

Mid Tier Hedge Fund/Proprietary Trading Firm £80k - £120k

Top Tier Hedge Fund/Proprietary Trading Firm £100k - £150k

For experience Traders/Portfolio Managers there tends to be a

big shift in the proportions of base salary and bonus versus

Investment banks as professionals get more Senior. In a big

contrast to earlier in their careers, Investment Banks will start to

pay dramatically more on their base salaries versus Hedge Funds/

Proprietary Trading firms who will start to pay more on the bonuses.

W W W . H A R R I N G T O N S T A R R . C O MT: +0044 203 587 7007 E: [email protected] 6

Page 7: The Breakdown - Financial Technology 2016 Salary & Rate Report

The Breakdown Permanent Testing Market 2016

Manual Test Analyst Junior to Mid-Level £25k - £30k

Mid-Level to Senior £30k - £40k

Senior to Lead/Head Of £40k - £50k

MQA Test Analyst - Manual/Automation

Junior to Mid-Level £30k - £40k

Mid-Level to Senior £40k - £50k

Senior to Lead/Head Of £50k+

Technical Test Analyst/Developer In Test

Junior to Mid-Level £50k - £60k

Mid-Level to Senior £60k - £70k

Senior to Lead/Head Of £75k+

QA/Test Manager Junior to Mid-Level £65k - £75k

Mid-Level to Senior £75k - £90k

Senior to Lead/Head Of £100k+

QA Automation Engineer Junior to Mid-Level £35k - £45k

Mid-Level to Senior £45k - £55k

Senior to Lead/Head Of £55k - £65k+

W W W . H A R R I N G T O N S T A R R . C O MT: +0044 203 587 7007 E: [email protected] 7

Page 8: The Breakdown - Financial Technology 2016 Salary & Rate Report

The Breakdown Permanent C#/.Net Market

W W W . H A R R I N G T O N S T A R R . C O MT: +0044 203 587 7007 E: [email protected]

C# .Net Developer

JuniorMid

Senior/Lead

JuniorMid

Senior/Lead

Sell Side£40k - £45k£50k - £65k

£65k - £100k

Sell Side£40k - £45k£45k - £60k£60k - £80k

Exchange/ Brokerage

£35k - £55k£45k - £65k

£65k - £100k

Exchange/ Brokerage

•£40k - £50k£50k - £70k

Buy Side/ Commodities House

£35k - £50k£45k - £65k

£60k - £100k

Buy Side/ Commodities House

£30k - £40k£45k - £55k£60k - £90k

Vendor£22k - £33k£40k - £45k£70k - £85k

Vendor£20k - £33k£33k - £45k£45k - £60k

SQL Developer

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EXCHANGE

VENDOR

INVESTMENT MANAGEMENT

A

W W W . H A R R I N G T O N S T A R R . C O MT: +0044 203 587 7007 E: [email protected]

The Breakdown Permanent Web/Front End Development

START UP’S

HEDGE FUNDS

AngularJSJavaScript

HTML5

CSS3

ReactJS

Redux

jQuery

SPA

MVC

Bootstrap

UI

UX MEAN Stack

Backbone

Front End Developer Junior £25k - £35k

Mid-Level £35k - £55k

Senior/Lead £55k - £70k

Head of £65k - £80k+

UI Engineer £40k - £50k

JavaScript Developer

£50k - £65k

MEAN Stack Developer

Up to £60k

Important to note – these salaries can fluctuate dependent on the technology stack of each individual. At present, Developers who have commercial experience using ReactJS, AngularJS, JavaScript libraries and the MEAN Stack tend to reach the higher figures in these bands.

Ember

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10W W W . H A R R I N G T O N S T A R R . C O M

T: +0044 203 587 7007 E: [email protected]

J2SE

SPRING

HIBERNATE

AGILE

OBJECT ORIENTATED

J2EEREST

Multithreading

Concurrency

TDD

The Breakdown Permanent Java Development

Front Office Mid-Level £50k - £75k

Senior/Lead £75k - £95k

Architect £65k - £100k+

Back Office/ Settlements

Junior £30k - £40k

Mid-Level £50k - £75k

Senior/Lead £75k - £95k

Architect £65k - £100k+

Senior with experience outside

of finance £50k - £65k

Exchange/ Brokerage

Mid-Level £55k - £65k

Senior/Lead £65k - £80k

Architect £80k+

Senior with experience

outside of finance £45k - £55k

Vendor Junior £30k - £40k

Mid-Level £50k - £70k

Senior/Lead £70k - £85k

Senior with experience

outside of finance £50k - £65k

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Page 11: The Breakdown - Financial Technology 2016 Salary & Rate Report

W W W . H A R R I N G T O N S T A R R . C O MT: +0044 203 587 7007 E: [email protected]

The Breakdown Permanent Application Support Salary Trends

Financial vendor Application Support Analyst

Junior £40k - £50k

Mid-Level £50k - £60k

Senior £70k - £80k

Manager £80k+

Exchange/brokerage Application Support

Analyst Junior £35k - £40k

Mid-Level £40k - £55k

Senior £55k - £75k

Manager £75k+

Buy-Side Application

Support Analyst

Junior £55k - £65k

Mid-Level £65k - £75k

Senior £75k - £95k

Manager £95k+

Sell-Side Application Support Analyst

Junior £30k - £35k

Mid-Level £35k - £50k

Senior £50k - £65k

Manager £65k - £95k

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Page 12: The Breakdown - Financial Technology 2016 Salary & Rate Report

VENDORS/START-UPS

ENERGY TRADINGSELL SIDEBUY SIDE

£488 - £623 per dayBuy side average

Vendor/Start-up average £404 - £536 per day

Sell side average £546 - £742 per day

energy trading average £503 - £667 per day

W W W . H A R R I N G T O N S T A R R . C O MT: +0044 203 587 7007 E: [email protected]

C#.NET

App Support

PM

C++/Java

FIX Consultant

BA

Front End Technologies

Infrastructure

Senior Programme Managers

Testing

Networking

Risk Consultant

Security

Commodity BAs

£500 - £700

£450 - £650

£550 - £700

£500 - £550

£450 - £550

£550 - £700

£550 - £600

£350 - £500

£600 - £800

£450 - £550

£400 - £550

£550 - £650

£450 - £600

£550 - £800

£400 - £500

£600 - £800

£550 - £900

£500 - £650

£500 - £700

£500 - £750

Specialism dependant

£750 - £1,000

£550 - £750

£500 - £600

£600 - £800

£500 - £700

£600 - £700

£400 - £500

£400 - £500

£450 - £600

£400 - £500

£450 - £600

£400 - £500

£350 - £450

£250 - £400

£550 - £750

£350 - £500

£250 - £400

£500 – £600

£400 - £550

£500 - £650

£550 - £700

£350 - £500

£600 - £700

£550 - £700

£450 - £550

£500 - £850

£450 - £650

£400 - £500

£700 - £900

£500 - £650

£400 - £500

£550 – £750

£550 - £650

£500 - £800

Development

support

change

The Breakdown 2016 Contract Rates for

London’s FinTech Market

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The Breakdown The 2016 FinTech Sales Market

T: +0044 203 587 7007 E: [email protected] W W . H A R R I N G T O N S T A R R . C O M

Junior Sales (6-18 months experience)

–S A L A R Y

£28 - £35k O T E

£35 - £45k

50% of companies offer a car allowance

@ c£5k/year

Junior Sales

(1 – 3 years)

–S A L A R Y

$58 - $75kO T E

$75 - $115k

Sales executive

(2-5 years)

–S A L A R Y

£40 - £70k O T E

£80 - £120k

Pre Sales–

S A L A R Y £60 - £80k

+ Bonus

Sales Exec (3 – 6 years)

–S A L A R Y

$80 - $100kO T E

$160 - $200k

Pre-sales –

S A L A R Y £70 - £90k

O T E

£100 - £130k

Junior Sales (2-6 years’ experience)

–S A L A R Y

£40 - £60kO T E

£70-100k

Senior Sales Exec

(6 – 9 years)

–S A L A R Y

$100 - $120kO T E

$200 - $240k

Sales Manager (6-15 years)

–S A L A R Y

£80 - £120k O T E

£180 – £250k

Senior Sales (10 years’ experience)

–S A L A R Y

£75 - £90kO T E

£130 - £180k (uncapped)

Sales Manager (9 – 12 years)

–S A L A R Y

$110 - $150kO T E

$220 - $300k

Sales Director (management)

(15+ years)

–S A L A R Y

£130 - £150k O T E

£200 - £300K

Sales Manager Managed a team

of 10 persons, revenue £40m approx.

–S A L A R Y £90-110k

O T E £150 - £180k

Head of Sales (12 – 17 years)

–S A L A R Y

$150 - $200kO T E

$300 - $400k

Graduate sales –

£25 - £28k

Graduate Sales

(0 – 2 years)

–S A L A R Y

$45 - $55kO T E

$63 - $85k

s o f t w a r e s a l e s

n e t w o r k s a l e s

u s s a l e s

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Page 14: The Breakdown - Financial Technology 2016 Salary & Rate Report

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