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Phd Quant Jobs in Texas (NOW HIRING)

Virtu Financial

Quantitative Strategist (PhD)

Austin, TX · On-site

$175K - $200K/yr

THE ROLE As a Quant at Virtu, you will be working on interdisciplinary teams alongside traders ... PhD in Science, Math, Engineering or other quantitative or STEM programs. * No previous Quant ...

Expand Energy

Quantitative Risk Analyst

Spring, TX · On-site

Master's degree or PhD preferred in a quantitative discipline such as Mathematics, Statistics, Physics, Engineering, Computer Science, Econometrics, Finance, Applied Economics or related. Experience

Expand Energy

Quantitative Risk Analyst

Spring, TX

Master's degree or PhD preferred in a quantitative discipline such as Mathematics, Statistics, Physics, Engineering, Computer Science, Econometrics, Finance, Applied Economics or related. Experience

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Phd Quant information

What is a PhD Quant?

A PhD Quant, short for Quantitative Analyst with a PhD, is a professional who uses advanced mathematical, statistical, and computational techniques to analyze financial markets and develop complex models for trading, risk management, or investment strategies. They typically work in banks, hedge funds, or financial technology firms. PhD Quants leverage their deep expertise in fields like mathematics, physics, computer science, or engineering to solve challenging problems and gain insights that drive financial decision-making. Their work often involves programming, data analysis, and the implementation of quantitative models.

What are the typical collaboration dynamics for a PhD Quant within a financial institution?

PhD Quants frequently work in close collaboration with traders, risk managers, and software engineers to develop and implement quantitative models for pricing, risk assessment, and trading strategies. While a significant portion of the work involves independent research and model development, regular meetings and cross-functional teamwork are essential to ensure models align with business objectives and regulatory requirements. Effective communication skills are important, as PhD Quants often need to explain complex mathematical concepts to colleagues with varying technical backgrounds.

What are the key skills and qualifications needed to thrive as a PhD Quant?

To thrive as a PhD Quant, you need a strong background in mathematics, statistics, and programming, typically supported by a PhD in a quantitative field such as mathematics, physics, finance, or engineering. Expertise in technical tools such as Python, C++, R, and experience with statistical modeling systems and quantitative finance libraries is expected. Analytical thinking, problem-solving abilities, and effective communication are standout soft skills in this role. These skills and qualities are crucial for developing complex models, interpreting data accurately, and collaborating across multidisciplinary teams in high-stakes financial environments.

Do quant firms hire PhDs?

Quant firms frequently hire PhDs, especially in fields like mathematics, physics, engineering, and computer science, to develop and implement quantitative trading strategies. These roles often require strong analytical skills, programming proficiency in languages such as Python or C++, and a deep understanding of financial models. PhDs are valued for their research experience and ability to handle complex data analysis in a fast-paced environment.

How much do PhD quants make?

PhD quants typically earn between $150,000 and $300,000 annually, with compensation increasing based on experience, location, and the complexity of models used. Many also receive bonuses and profit-sharing, especially in hedge funds and investment banks. Advanced quantitative skills in programming and statistical analysis are highly valued in this field.

What is the difference between Phd Quant vs Quant Analyst?

AspectPhd QuantQuant Analyst
Required CredentialsPhD in Mathematics, Statistics, or related fieldBachelor's or Master's degree, often with quantitative skills
Work EnvironmentResearch-focused, often in finance or hedge fundsTrading floors, financial institutions, or asset management firms
Industry UsagePrimarily in hedge funds, investment banks, and proprietary tradingIn asset management, hedge funds, and banks

The main difference between a Phd Quant and a Quant Analyst lies in their educational background and focus. Phd Quants typically hold doctoral degrees and focus on developing complex models and research, while Quant Analysts often have master's or bachelor's degrees and focus on applying models to trading strategies. Both roles are integral to quantitative finance but differ in scope and depth of research.

What are popular job titles related to Phd Quant jobs in Texas? For Phd Quant jobs in Texas, the most frequently searched job titles are:
What job categories do people searching Phd Quant jobs in Texas look for? The top searched job categories for Phd Quant jobs in Texas are:
What cities in Texas are hiring for Phd Quant jobs? Cities in Texas with the most Phd Quant job openings:
Phd Quant jobs near you
Infographic showing various Phd Quant job openings in Texas as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution.

Quantitative Strategist (PhD)

Virtu Financial

Austin, TX • On-site

$175K - $200K/yr

Full-time

Re-posted 24 days ago

Job description

Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide
The firm's complementary core offerings-market making, client execution services, and trading venues-give Virtu a competitive advantage in developing and applying innovative tools that deliver efficiencies and performance across the organization.
THE ROLE
As a Quant at Virtu, you will be working on interdisciplinary teams alongside traders, quants and seasoned software engineers. The environment is collegiate and collaborative, encouraging exposure to many teams across the globe.
  • Apply your observation skills and modern statistical methods to identify and build predictive models
  • Research and implement new trading strategies
  • Analyze existing strategies to identify potential improvements
  • Develop risk models and frameworks to manage portfolio risks
  • Create tools to automate research tasks and improve visualization of complex data sets

THE CANDIDATE
  • PhD in Science, Math, Engineering or other quantitative or STEM programs.
  • No previous Quant Finance or specific asset class experience required.
  • History of diverse, challenging, and interesting coursework paired with a strong GPA
  • Exceptional quantitative, mathematical, and problem-solving skills
  • Great communication skills and the ability to collaborate with peers
  • Ability to solve technical and or quantitative problems under pressure
  • Ability to express ideas mathematically and algorithmically
  • Programming skills (especially Python and C/C++)
  • Intellectually curious and self-motivated Ability to communicate within and across teams, at a high and low level, on both technical and non-technical subjects
  • Ability to seek guidance and learn new skills from peers
  • Extraordinary mental flexibility and a high tolerance for ambiguity
  • Strong drive for success within a collaborative team

THE PROCESS
After passing an application screening, candidates will be sent an online programming test via email from a service called HackerRank as a first step of the process.
Salary Range: $175,000 - $200,000 (salary range is exclusive of bonuses, benefits or other categories of compensation)
Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

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