1

Junior Quant Developer Jobs in Delaware (NOW HIRING)

Master's Degree in a quantitative discipline (Engineering, Statistics, Economics, Biostatistics ... Proven experience in assessing, mentoring, and developing junior data science talent * Advanced ...

Master's Degree in a quantitative discipline (Engineering, Statistics, Economics, Biostatistics ... Proven experience in assessing, mentoring, and developing junior data science talent * Advanced ...

Junior Quant Developer information

See Delaware salary details

$61.1K

$106.9K

$161.1K

How much do junior quant developer jobs pay per year?

As of Sep 9, 2026, the average yearly pay for junior quant developer in Delaware is $106,917.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,600.00 and $106,600.00 per year, depending on experience, location, and employer.

What is a junior quant developer?

A Junior Quant Developer is an entry-level role that combines software development with quantitative analysis in the finance industry. They assist in building and maintaining financial models, trading algorithms, and risk management tools. Typically, they work with programming languages like Python, C++, or Java and utilize mathematical and statistical techniques. Their responsibilities often involve data analysis, backtesting strategies, and optimizing trading systems. This role serves as a stepping stone toward becoming a full-fledged Quant Developer or Quantitative Analyst.

What does a junior quant developer do?

As a Junior Quant Developer, you can expect to assist with developing, testing, and optimizing quantitative models used for trading or risk assessment. Your day-to-day tasks may involve coding algorithms, analyzing large datasets, backtesting strategies, and debugging model performance, all under the guidance of more experienced team members. You’ll also have opportunities to work closely with traders, data scientists, and senior quants, contributing to both research initiatives and real-time trading systems. This collaborative environment provides excellent learning opportunities and valuable exposure to different aspects of quantitative finance, helping you build expertise for career growth.

What are the key skills and qualifications needed to thrive as a junior quant developer?

To thrive as a Junior Quant Developer, you need strong programming skills (usually in Python, C++, or Java), foundational knowledge in mathematics and statistics, and a relevant degree in fields like computer science, mathematics, or engineering. Familiarity with quantitative libraries, financial modeling tools, and version control systems such as Git is often expected. Analytical thinking, teamwork, and effective communication are important soft skills for collaborating with senior developers and traders. These skills are essential for building robust quantitative models, contributing to complex projects, and growing within a fast-paced financial technology environment.

What are the most commonly searched types of Quant Developer jobs in Delaware?

The most popular types of Quant Developer jobs in Delaware are:

What are popular job titles related to Junior Quant Developer jobs in Delaware?

For Junior Quant Developer jobs in Delaware, the most frequently searched job titles are:

What job categories do people searching Junior Quant Developer jobs in Delaware look for?

The top searched job categories for Junior Quant Developer jobs in Delaware are:

What cities in Delaware are hiring for Junior Quant Developer jobs?

Cities in Delaware with the most Junior Quant Developer job openings:

Infographic showing various Junior Quant Developer job openings in Delaware as of August 2026, with employment types broken down into 79% Full Time, 3% Part Time, and 18% Contract. Highlights an 81% Physical, 4% Hybrid, and 15% Remote job distribution, with an average salary of $106,917 per year, or $51.4 per hour.

Model Risk Senior Analyst - Validation (AI, Cyber, Technology)

Wilmington, DE

M&T Bank
Finance and Insurance • 10K+ employees

$113K - $188K/yr

Full-time

Re-posted 4 days ago


M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 188 frontline employees who took The Breakroom Quiz

78th of 176 rated banks


Job description

Overview: The Senior Model Validation Analyst is responsible for executing robust, independent validations of quantitative and qualitative models across the enterprise. This role serves as a key control function within Model Risk Management (MRM), ensuring models are conceptually sound, empirically validated, and compliant with regulatory and internal standards.

Primary Responsibilities:
  • Lead end-to-end validation of several model families including Consumer CCAR and CECL credit risk models, AI/ML models, Cybersecurity and Technology models.
  • Conduct the validation and analysis of expert judgment or qualitative factors that augment quantitative models; review to confirm proper controls and adequate documentation are in place
  • Perform independent challenge of model methodologies, benchmarking, back-testing, sensitivity analysis, and stress testing
  • Maintain high-quality documentation of validation work, findings, and conclusions to withstand internal audit and regulatory scrutiny.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
  • Support remediation of validation, audit, and regulatory findings.
  • Partner with model developers, business stakeholders, and risk managers to communicate validation outcomes, challenge assumptions, and recommend improvements.
Scope of Responsibilities:

Independently manage multiple validation projects.
Partner with business lines including Credit Risk, Finance, Technology, and Wealth.
Balance regulatory expectations with business objectives.
Contribute to continuous improvement of validation practices and governance.

Supervisory/Managerial Responsibilities:

Individual contributor with opportunities to mentor junior analysts and provide technical guidance.

Education and Experience Required:

Master's or Doctoral Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline,

Plus 4 years' experience in model development or validation, with a combined minimum of >5 years' higher education and relevant work experience.

Technical knowledge of advanced software packages used in analytics.

Education and Experience Preferred:

Master's or PhD in a quantitative discipline (Finance, Economics, Statistics, Mathematics, Engineering).
7-10+ years in model validation, development, or quantitative analytics.
Strong knowledge of model risk, SR 11-07, SR 26-2, and regulatory expectations.
Proficiency in Python, SAS, R, or similar tools.
Strong analytical, communication, and stakeholder management skills.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $113,300.00 - $188,800.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationWilmington, Delaware, United States of America

What M&T Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom