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Quant Engineer Jobs (NOW HIRING)

iCapital

Quant Engineer - Vice President

New York, NY · On-site

$180K - $210K/yr

The team consists of Quantitative Researchers and Quantitative Developers to research, define, and implement models that will guide clients in portfolio construction, asset allocation, and risk ...

iCapital

Quant Engineer - Vice President

New York, NY · On-site +1

$180K - $210K/yr

The team consists of Quantitative Researchers and Quantitative Developers to research, define, and implement models that will guide clients in portfolio construction, asset allocation, and risk ...

Fidelity Investments

Principal Quant Developer

Lincoln, RI · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Engineer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the ...

Fidelity Investments

Principal Quant Developer

Cary, NC · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Engineer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the ...

Fidelity Investments

Principal Quant Developer

Hoboken, NJ · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Engineer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the ...

Fidelity Investments

Principal Quant Developer

Newark, NJ · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Engineer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the ...

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Quant Engineer information

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$38K

$90.5K

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How much do quant engineer jobs pay per year?

As of Jun 23, 2026, the average yearly pay for quant engineer in the United States is $90,538.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,500.00 and $100,000.00 per year, depending on experience, location, and employer.

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

To thrive as a Quant Engineer, you need strong quantitative and programming skills, typically supported by a degree in mathematics, physics, computer science, or a related field. Proficiency in programming languages such as Python, C++, or Java, as well as familiarity with statistical analysis tools and financial modeling systems, is essential. Analytical thinking, problem-solving abilities, and effective communication distinguish top performers in this role. These skills enable Quant Engineers to develop robust models and algorithms that drive accurate trading strategies and risk management in fast-paced financial environments.

What do quant engineers do?

Quant engineers develop and implement mathematical models and algorithms to analyze financial data and support trading strategies. They often use programming languages like Python or C++ and work closely with traders and analysts in a fast-paced environment to optimize investment decisions.

What jobs pay 500,000 a year in the US?

Quant engineers in finance and hedge funds are among the roles that can earn $500,000 or more annually, especially with bonuses and profit sharing. High-level positions often require advanced degrees, strong quantitative skills, and experience with programming languages like Python or C++, as well as a deep understanding of financial markets and risk management.

What are Quant Engineers?

Quant Engineers, or quantitative engineers, are professionals who apply mathematical models, statistical techniques, and computer programming to solve complex problems in finance and related industries. They often work on designing trading algorithms, risk management tools, and pricing models for financial instruments. Quant Engineers typically have strong backgrounds in mathematics, computer science, and finance, and are skilled in programming languages such as Python, C++, or R. Their work helps financial firms make data-driven decisions and optimize strategies in highly competitive markets.

What jobs make $1,000,000 a year?

Quant engineers in finance and hedge fund managers are among the roles that can earn $1,000,000 or more annually, often through a combination of base salary, bonuses, and profit sharing. High-level positions in investment banking, private equity, and executive roles in large corporations can also reach this income level, especially with extensive experience, advanced skills, and performance-based incentives.

What is the difference between Quant Engineer vs Quant Analyst?

AspectQuant EngineerQuant Analyst
Required CredentialsDegree in Math, Finance, or Computer Science; often requires programming skillsDegree in Finance, Economics, or Math; less emphasis on programming
Work EnvironmentDevelops models, algorithms, and software tools for trading and risk managementAnalyzes data, interprets models, and provides insights for trading strategies
Employer & Industry UsageFinancial firms, hedge funds, investment banksFinancial firms, asset management, hedge funds

While both roles involve quantitative analysis, Quant Engineers focus on building and implementing models and software, whereas Quant Analysts primarily analyze data and interpret models to inform trading decisions. The roles often overlap but differ in technical depth and responsibilities.

How do Quant Engineers typically collaborate with traders and other team members to develop and implement trading strategies?

Quant Engineers work closely with traders, researchers, and software developers to design, test, and refine quantitative trading models. They often translate mathematical models into efficient code, analyze large datasets, and ensure strategies are both robust and scalable for real-time trading environments. Frequent communication is key, as Quant Engineers must gather requirements from traders, iteratively backtest ideas, and adapt models based on feedback and market changes. This collaborative process helps ensure strategies are both scientifically sound and practically viable for deployment.

What engineers make $500,000?

Senior quantitative engineers, especially those working in hedge funds, investment banks, or proprietary trading firms, can earn $500,000 or more annually. High compensation often includes base salary, bonuses, and profit sharing, and typically requires advanced skills in mathematics, programming, and financial modeling. Experience, performance, and the ability to develop profitable trading algorithms are key factors for reaching this level.
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Quant Engineer jobs near you

Quant Engineer - Vice President

iCapital

New York, NY • On-site

$180K - $210K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 8 days ago

Job description

About the Role
The Quant team's goal is to deliver industry-leading analytical insights that help financial advisors and investors managing their multi-asset portfolios and utilizing alternative assets, meet their long-term investment objects. The team consists of Quantitative Researchers and Quantitative Developers to research, define, and implement models that will guide clients in portfolio construction, asset allocation, and risk management. The team members have diverse backgrounds such as math, physics, economics, quantitative finance, computer science, and other science and engineering fields, and collaborate closely with business-side colleagues, platform architects, software developers, and product managers to deliver analytics through the software platform for the firm's clients.
The Quant Developers have a core mission of developing robust and scalable quantitative models to deliver portfolio risk analytics capabilities as part of the firm's commercial technology platform for financial advisors and asset managers. The team members will implement statistical, machine learning, and quantitative financial models, applied to a combination of proprietary, public, and third-party data, to deliver analytics for multi-asset portfolios including alternative assets.
Responsibilities
  • Develop robust and scalable quantitative financial models and collaborate closely with quant researchers to produce proprietary risk analytics models as part of the firm's software platform.
  • Test, validate, and document quantitative methodologies to ensure accuracy, robustness, and transparency.
  • Develop centralized financial calculation engines powering the firm's commercial technology platform.
  • Document and communicate quantitative methodologies and analytics to others including stakeholders and clients.
  • Collaborate with other teams to ensure risk analytics are delivered through the software platform with excellent user experience.
  • Collaborate regularly with other stakeholders and partners to solicit requirements, seek feedback and provide updates.

Qualifications
  • 8+ years of professional experience in quantitative financial modeling, data science, or software development
  • Strong programming skills in Python for data analysis, modeling, and software development
  • Strong problem-solving and communication skills, with the ability to explain technical concepts to non-technical audiences
  • Able to work in a dynamic and fast-paced environment
  • Knowledge of JAVA/Scala/C++ is a plus
  • Distributed Systems experience is a plus
  • Experience with cloud services is a plus

Benefits
The base salary range for this role is $180,000 to $210,000 depending on level. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).
We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.
For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/
iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

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