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Day Quantitative Trader Jobs (NOW HIRING)

With roots as a quantitative trading firm continually building for the future, the GTS family of ... Hybrid Work Policy: 4 Days a Week in office, Fridays can be worked from home. Please note: The use ...

With roots as a quantitative trading firm continually building for the future, the GTS family of ... Hybrid Work Policy: 4 Days a Week in office, Fridays can be worked from home. Please note: The use ...

With roots as a quantitative trading firm continually building for the future, the GTS family of ... Hybrid Work Policy: 4 Days a Week in office, Fridays can be worked from home. Please note: The use ...

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Day Quantitative Trader information

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$31K

$90.6K

$146K

How much do day quantitative trader jobs pay per year?

As of Jun 10, 2026, the average yearly pay for day quantitative trader in the United States is $90,579.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,000.00 and $119,000.00 per year, depending on experience, location, and employer.

What are some common challenges faced by Day Quantitative Traders, and how can they be managed?

Day Quantitative Traders often face challenges such as adapting to rapidly changing market conditions, managing high volumes of data in real time, and ensuring that trading algorithms remain robust under various scenarios. Effective risk management and continuous backtesting of strategies are crucial for minimizing losses and optimizing performance. Collaboration with other quants, developers, and risk managers is also key to identifying and addressing issues quickly, fostering a dynamic and supportive work environment.

What is a Day Quantitative Trader?

A Day Quantitative Trader is a financial professional who uses mathematical models, algorithms, and statistical techniques to make rapid trading decisions within the same trading day. They analyze large sets of market data to identify short-term opportunities and execute trades to capitalize on small price movements. Their work relies heavily on quantitative analysis, programming, and risk management to maximize profits while minimizing losses. Day Quantitative Traders often work for hedge funds, proprietary trading firms, or investment banks, and their strategies are typically automated using sophisticated software.

What are the key skills and qualifications needed to thrive as a Day Quantitative Trader, and why are they important?

To thrive as a Day Quantitative Trader, you need a strong background in mathematics, statistics, and financial markets, often supported by a degree in a quantitative field. Proficiency with programming languages like Python or C++, experience with trading platforms, and familiarity with algorithmic trading systems are crucial. Analytical thinking, risk management, and the ability to stay calm under pressure are standout soft skills in this role. These skills are important for developing effective trading strategies, making swift data-driven decisions, and managing the fast-paced volatility of financial markets.

What is the difference between Day Quantitative Trader vs Quantitative Analyst?

AspectDay Quantitative TraderQuantitative Analyst
CredentialsTypically requires a degree in finance, mathematics, or computer science; certifications like CFA are commonUsually holds a degree in finance, mathematics, or related fields; advanced degrees or certifications are advantageous
Work EnvironmentFast-paced trading floors or electronic trading platforms, focused on executing trades dailyOffice-based, focused on data analysis, model development, and research
Employer & Industry UsageHired by hedge funds, trading firms, investment banks for active trading strategiesEmployed by financial institutions, asset managers, or research firms for strategy development

In summary, Day Quantitative Traders focus on executing short-term trades within a day, requiring quick decision-making and real-time market analysis. Quantitative Analysts primarily develop models and analyze data to inform trading strategies, often working on longer-term projects. Both roles require strong quantitative skills and finance knowledge but differ in daily responsibilities and work environment.

More about Day Quantitative Trader jobs
What cities are hiring for Day Quantitative Trader jobs? Cities with the most Day Quantitative Trader job openings:
What are the most commonly searched types of Quantitative Trader jobs? The most popular types of Quantitative Trader jobs are:
What states have the most Day Quantitative Trader jobs? States with the most job openings for Day Quantitative Trader jobs include:
Quantitative Trading & Research - Quantitative Trader - Associate

Quantitative Trading & Research - Quantitative Trader - Associate

JPMorgan Chase & Co.

Manhattan, NY • On-site

$150K - $200K/yr

Full-time

Medical, Retirement

Posted 6 days ago


JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 468 frontline employees who took The Breakroom Quiz

46th of 141 rated banks


Job description

Job Description
The Automated Trading Strategies (ATS) group is responsible for systematic trading across FX, Rates, Commodities, and Credit markets. The team is responsible for a broad scope including the design and implementing of cutting edge proprietary quantitative models that drive our automated trading systems (pricing, risk management and execution), the oversight of day-to-day risk and operations, and the optimization Franchise client liquidity offering in a data-driven manner.
As an Associate in Automated Trading Strategies, you will be primarily focusing on the US Interest Rate Swap market. You must be responsible, independent, driven, and able to work in smooth collaboration with the wider team. The environment is fast-paced and challenging. The group is globally distributed so clear written and verbal communication is required. Members of the team are also expected to cover a wide range of responsibilities - spanning trading, quantitative research, and technology-and some on call time will be expected.
Job Responsibilities
  • Produce innovative research on quantitative trading strategies
  • Analyze of data to identify patterns and revenue opportunities
  • Conduct back testing and assessing pricing, risk management and execution strategies
  • Expand the group's library of modelling, analytics, and automation tools
  • Review trading performance and making data driven decisions
  • Resolve day-to-day trading issues

Required qualifications, capabilities, and skills
  • Degree in computer science, math, physics, engineering, or other quantitative fields
  • Relevant full-time experience
  • Strong programming skills in C++, Java, or other object-oriented languages
  • Knowledge of probability, statistics, and experience with advanced data analysis techniques
  • Attention to detail, adaptable, driven and collaborative
  • Active interest in markets and quantitative trading

Preferred qualifications, capabilities, and skills
  • Prior experience in Rates markets (cash or swaps)
  • Familiarity with automated trading systems
  • Experience with large-scale data sets and optimizing low-latency systems

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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