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Quant Analyst Salary Jobs (NOW HIRING)

... quant/fundamental blend equity strategies. Research enhancements to stock selection models ... In addition to the salary, we also offer significant and competitive incentive compensationbased on ...

PhD preferred * 2-5 years of relevant experience as a commodity quant supporting a sell-side ... Salary Range: $ 165,000.00 - $ 240,000.00 Equal Employment Opportunity and Affirmative Action ...

Quantitative Analyst

Boston, MA · On-site

$100K - $200K/yr

The Team SAI's quantitative research analysts work either directly on an asset class or product ... Base salary is only part of the total compensation package. Depending on the position and ...

PhD preferred * 2-5 years of relevant experience as a commodity quant supporting a sell-side ... Salary Range: $ 165,000.00 - $ 240,000.00 Equal Employment Opportunity and Affirmative Action ...

Quantitative Analyst

Boston, MA · On-site

$100K - $200K/yr

The Team SAI's quantitative research analysts work either directly on an asset class or product ... Base salary is only part of the total compensation package. Depending on the position and ...

Quantitative Analyst

Manhattan, NY · On-site

$100K - $120K/yr

Working with the Commercial Operations team, the Quantitative Analyst is responsible for building ... Knowledge of the bulk power system in the US Salary range: $100,000 - $120,000

Showing results 21-40

Quant Analyst Salary information

See salary details

$56.5K

$133.9K

$240K

How much do quant analyst salary jobs pay per year?

As of Aug 10, 2026, the average yearly pay for quant analyst salary in the United States is $133,877.00, according to ZipRecruiter salary data. Most workers in this role earn between $111,500.00 and $145,500.00 per year, depending on experience, location, and employer.

What does a quant analyst do?

A quant analyst develops and implements mathematical models to analyze financial data and inform investment decisions. They use programming languages like Python or R, and tools such as Excel and statistical software, to identify trading opportunities and manage risk in financial markets.

What is the typical salary for a quant analyst?

The typical salary for a Quantitative Analyst, also known as a Quant Analyst, varies depending on factors such as location, experience, and the financial institution. In the United States, entry-level quant analysts can expect to earn between $80,000 and $120,000 per year, while those with several years of experience or advanced degrees may earn upwards of $150,000 to $250,000 or more. Additionally, bonuses and other incentives can significantly increase total compensation, especially at investment banks and hedge funds.

Is a quant analyst a high demand job?

Quant analysts are in high demand in financial services, hedge funds, and investment firms due to their expertise in developing complex models and algorithms for trading and risk management. The role requires strong skills in mathematics, programming, and data analysis, and employment prospects are generally favorable with competitive salaries. Demand is driven by the increasing reliance on quantitative methods and technology in finance.

What is the difference between Quant Analyst Salary vs Data Scientist Salary?

AspectQuant Analyst SalaryData Scientist Salary
Required CredentialsDegree in finance, mathematics, or related field; often CFA or FRM certificationsDegree in computer science, statistics, or related field; often certifications like CAP, or specific data science credentials
Work EnvironmentFinancial firms, hedge funds, investment banksTech companies, finance, healthcare, and retail sectors
Employer & Industry UsagePrimarily in finance and trading industriesAcross various industries including tech, finance, and consulting

While both roles require strong analytical skills and quantitative expertise, Quant Analysts focus more on financial modeling and risk assessment within finance firms, whereas Data Scientists work across diverse industries analyzing large datasets to inform business decisions.

What are some common challenges faced by quant analysts when collaborating with cross-functional teams?

Quant Analysts often work alongside traders, software developers, and risk managers, which can present challenges in communication due to differing technical backgrounds and priorities. Translating complex quantitative models into actionable insights for non-technical stakeholders requires strong interpersonal skills and the ability to simplify technical concepts. Additionally, aligning project goals and timelines across departments may require adaptability and proactive communication to ensure successful outcomes. Overcoming these challenges not only improves teamwork but also enhances the overall impact of the analyst’s work within the organization.

What are the key skills and qualifications needed to thrive as a quantitative analyst, and why are they important?

To thrive as a Quantitative Analyst, you need strong quantitative skills in mathematics, statistics, and programming, usually supported by a degree in a quantitative field like mathematics, finance, or computer science. Proficiency with technical tools such as Python, R, MATLAB, and financial modeling software is typically required, along with familiarity with data analysis platforms and sometimes certifications like CFA or FRM. Exceptional analytical thinking, problem-solving abilities, and effective communication are key soft skills that help you interpret complex data and present findings clearly. These skills are essential for developing accurate models, supporting data-driven decision-making, and delivering actionable insights in fast-paced financial environments.
More about Quant Analyst Salary jobs
What cities are hiring for Quant Analyst Salary jobs? Cities with the most Quant Analyst Salary job openings:
What states have the most Quant Analyst Salary jobs? States with the most job openings for Quant Analyst Salary jobs include:
What job categories do people searching Quant Analyst Salary jobs look for? The top searched job categories for Quant Analyst Salary jobs are:
Infographic showing various Quant Analyst Salary job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $133,877 per year, or $64.4 per hour.

Quantitative Analyst, Quantitative Strategies

Millennium Management LLC

New York, NY • On-site

$150K - $200K/yr

Full-time

Re-posted 15 days ago


Millennium Management rating

7.7

Company rating: 7.7 out of 10

Based on 11 frontline employees who took The Breakroom Quiz


Job description

Quantitative Analyst, Quantitative Strategies
Please direct all resume submissions to QuantTalentUS@mlp.com and reference REQ-29449 in the subject.
Job Description
We are seeking a Quantitative Analyst to join a small, collaborative team focused on systematic equity strategies. This role is well suited for someone who enjoys working at the intersection of equity research, alternative data, and quantitative modeling, with a particular focus on sector-specific signals, company-level KPIs, and custom dataset development.
The role offers direct exposure to the SPM and broader investment process, with the opportunity to contribute across idea generation, data work, signal research, model implementation, and backtesting.
Location
New York
Principal Responsibilities
  • Partner closely with the SPM and team on alpha research for systematic equity strategies, with a focus on sector-specific signals and company-level forecasting
  • Identify, collect, organize, and analyze structured and unstructured datasets relevant to company, product, and sector behavior
  • Integrate Agentic AI workflows where they can improve productivity, model development, or operational robustness
  • Develop creative, data-driven ways to track companies, industries, and products beyond traditional financial statement analysis
  • Contribute to the research, implementation, and backtesting of signals using alternative, fundamental, and positioning datasets
  • Apply sound financial intuition and statistical techniques to turn raw data into investable insights
  • Work in a transparent, collaborative environment with visibility into the broader investment process

Preferred Technical Skills
  • Bachelor's, Master's, or PhD in a quantitative field such as Mathematics, Statistics, Computer Science, Engineering, Economics, Physics, or a related discipline
  • Strong Python skills
  • Experience working with company- and sector-specific KPIs
  • Experience using alternative, fundamental, and positioning datasets
  • Practical experience using LLMs or modern ML tools in analytical, research, or dataset-building workflows is highly desirable
  • Strong analytical, problem-solving, and communication skills

Preferred Experience
  • 1-3 years of experience in data science, data analytics, quantitative research, or a related role
  • Experience at an investment firm, data analytics firm, research provider, or software company is preferred
  • Demonstrated ability to take analytical projects from conception through implementation

Highly Valued Relevant Experience
  • Experience systematizing previously manual or judgment-based processes
  • Experience with sector-specific equity research, particularly in industrials, commodities, healthcare, or financials
  • Experience building custom datasets or KPI frameworks
  • Experience working with messy or incomplete real-world data and converting it into usable research inputs

Target Start Date
  • ASAP, though we will wait 6-9 months for an exceptional candidate

Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $150,000 to $200,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual's experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

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