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Junior Quant Trader Jobs (NOW HIRING)

Permanent Junior Discretionary Trader - London or New York My client is a global investment management firm running a diversified set of systematic and quantitative strategies across global markets ...

New

Quantitative Trader

Austin, TX · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

All Options is looking for a Quantitative Trader to join our Trading team in our Austin, TX office ... Provide coaching and feedback for junior traders, encouraging skill development. * Promote a team ...

Quantitative Trader

Austin, TX

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

All Options is looking for a Quantitative Trader to join our Trading team in our Austin, TX office ... Provide coaching and feedback for junior traders, encouraging skill development. * Promote a team ...

Junior Trader

Chicago, IL · On-site

$145K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

What you'll do as a Junior Trader at Akuna: We are seeking bright, math-savvy, competitive, and ... Crypto * Quantitative Strategy Group Qualities that make great candidates: * BS/MS/PhD degree in ...

Junior Trader

Chicago, IL

$145K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

What you'll do as a Junior Trader at Akuna: We are seeking bright, math-savvy, competitive, and ... Crypto * Quantitative Strategy Group Qualities that make great candidates: * BS/MS/PhD degree in ...

Junior Quantitative Developer

New York, NY · On-site

$150K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

About the Role We are looking for a Junior Quantitative Developer to join our Quantitative Research ... Support the West Power and Carbon trading desks by working closely with quant researchers to ...

Build and maintain quantitative model tools and analytics * Manage real-time execution of trading system * Collaborate with Senior Traders and Junior Traders to contribute to learnings and strategies

Junior Quantitative Risk Analyst

Chicago, IL · On-site

$90K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge ... What you'll do as a Junior Quantitative Risk Analyst at Akuna: We are looking for a motivated and ...

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How much do junior quant trader jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for junior quant trader in the United States is $26.96, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $33.17 per hour, depending on experience, location, and employer.

What does a junior quant trader do?

A typical day for a Junior Quant Trader involves analyzing large datasets to identify trading opportunities, developing and backtesting quantitative models, and assisting in the execution of trades under the supervision of senior traders. You may also monitor market trends, participate in team meetings to refine strategies, and generate reports on performance and risk. Collaboration with other traders, researchers, and technology teams is common, providing opportunities to learn from experienced professionals. The pace can be fast and intellectually demanding, but the environment is highly collaborative, and growth opportunities are strong for those who perform well.

What is a junior quant trader?

A Junior Quant Trader is an entry-level role in quantitative trading, where professionals use mathematical models, data analysis, and programming to develop and execute trading strategies. They work closely with senior traders and researchers to analyze market patterns, optimize strategies, and implement automated trading systems. This role requires strong programming skills (Python, C++, or R), statistical knowledge, and an understanding of financial markets. Junior Quant Traders typically refine existing strategies, monitor trades, and contribute to research efforts. Over time, they gain experience to take on more responsibility in strategy development and risk management.

What skills and qualifications are needed to thrive as a junior quant trader?

To thrive as a Junior Quant Trader, you need strong quantitative and analytical skills, a degree in mathematics, statistics, finance, or a related field, and proficiency in programming languages such as Python, R, or C++. Experience with trading platforms, statistical modeling tools, and data analysis software is highly valued, as is knowledge of financial markets and instruments. Excellent problem-solving abilities, attention to detail, and good communication skills help you work well in fast-paced, team-oriented environments. These skills are crucial to develop trading strategies, manage risk, and contribute effectively to a firm's trading success.

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What cities are hiring for Junior Quant Trader jobs?

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What states have the most Junior Quant Trader jobs?

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Infographic showing various Junior Quant Trader job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $56,068 per year, or $27 per hour.

Quantitative Trading & Research - Equity Derivatives Exotics - Analyst

JP Morgan Chase

Manhattan, NY • Hybrid

Full-time

Medical, Retirement

Posted 7 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 494 frontline employees who took The Breakroom Quiz

71st of 171 rated banks


Job description

The Quantitative Trading & Research (QTR) Equity Derivatives team is looking for a junior quant to focus on exotic products.  The objective is to drive and implement analytics, optimization and modeling for Equity Exotic trading, with immediate focus on building robust trade booking, analytics and model validation layers.

Job Summary

As an Analyst for the Equity Derivatives Exotics QTR team, you will make extensive use of quantitative techniques, including machine learning, to deliver end-to-end solutions for the business. This includes introducing a systematic framework to develop derivative products, strengthen risk and P&L control and facilitate lifecycle management, developing derivative pricing and lifecycle models, as well as identifying and monitoring associated model risks.  It is particularly important for this role, that you are a disciplined developer, adhering to the highest standard of development, testing, deployment life cycle, working with the broader QTR team and with technology.

Job responsibilities:

  • Develop a framework and key components to develop derivative products including life cycling and model validation, using dependency-graph programming and Python language.
  • Model derivative products using C++ - Python hybrid programming to meet business requests.
  • Drive payoff innovation using the product design framework and machine learning techniques.
  • Streamline product review under the product design framework and provide clear model documentation to facilitate model approvals. 
  • Evaluate quantitative methodologies including identifying and monitoring model risks associated with derivative valuation models.
  • Support trading activities by explaining model behavior, identifying major sources of risk in portfolios and carrying out scenario analyses. 

Required qualifications, capabilities, and skills:

  • Master degree in a quantitative field from a top university.
  • Strong programming skills in C++, Python and numerical packages
  • Experience with statistical analysis and machine learning.
  • Experience with derivatives pricing models and equity derivatives products.
  • Solid understanding of the application of Monte-Carlo simulation and finite-difference PDE in derivative pricing.
  • Ability to communicate effectively with business stakeholders.
  • Prior experience in a front-office quantitative research role.
  • Experience or good knowledge in dependency-graph programming.

Preferred qualifications, capabilities, and skills:

  • Knowledge of risk management frameworks and regulatory requirements.
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

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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