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Quant Engineer Salary Jobs in Indiana (NOW HIRING)

pcg

Project Engineer

Carmel, IN · On-site

$75K - $101K/yr

... Quantitative takeoffs to verify estimates, order materials, and price change orders Create and ... assigned Salary range: $75,100 - $101,000 annual salary plus non-guaranteed annualized bonus ...

pcg

Project Engineer

Carmel, IN · On-site

$75K - $101K/yr

... Quantitative takeoffs to verify estimates, order materials, and price change orders Create and ... assigned Salary range: $75,100 - $101,000 annual salary plus non-guaranteed annualized bonus ...

Amrize

Quality Engineer

Franklin, IN

$84K - $100K/yr

We're seeking a Quality Engineer who's ready to be part of our mission to manufacture and deliver ... and quantitative fit tests. WHAT WE OFFER * Competitive Salary: $84,000-100,000 * Retirement ...

langan

Project Geotechnical Engineer

Indianapolis, IN · On-site

$90K - $133K/yr

Knowledge of quantitative/technical analyses and related software; * Possess an entrepreneurial and ... Certain US jurisdictions require Langan to include an estimate of salary or hourly ranges. The ...

langan

Project Geotechnical Engineer

Indianapolis, IN · On-site

$90K - $133K/yr

Knowledge of quantitative/technical analyses and related software; * Possess an entrepreneurial and ... Certain US jurisdictions require Langan to include an estimate of salary or hourly ranges. The ...

Legacy Supply Chain

Industrial Engineer

Greenfield, IN · On-site

$80 - $100/hr

Consistent daytime schedule with flexible start time * $90,000-$100,000 base salary Job Details ... Apply highly quantitative methods to warehouse operations with the intent of optimizing total ...

Legacy Supply Chain

Industrial Engineer

Greenfield, IN

$90K - $100K/yr

Consistent daytime schedule with flexible start time * $90,000-$100,000 base salary Job Details ... Apply highly quantitative methods to warehouse operations with the intent of optimizing total ...

Legacy Supply Chain

Industrial Engineer

Greenfield, IN · On-site

$90K - $100K/yr

Consistent daytime schedule with flexible start time * $90,000-$100,000 base salary Job Details ... Apply highly quantitative methods to warehouse operations with the intent of optimizing total ...

Amrize

Quality Engineer

Franklin, IN · On-site

$84K - $100K/yr

Quality Engineer| Req ID: 17653 | HR Contact: Elizabeth Bertapelle| Location: Building Envelope ... and quantitative fit tests. WHAT WE OFFER * Competitive Salary: $84,000-100,000 * Retirement ...

Performance Contracting

Project Engineer

Carmel, IN · On-site

$80 - $100/hr

... Quantitative takeoffs to verify estimates, order materials, and price change orders Create and ... salary plus non-guaranteed annualized bonus program. This position is safety-sensitive. Basic ...

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All JobsQuant Engineer Salary JobsQuant Engineer Salary Jobs in Indiana

Quant Engineer Salary information

What is a quant engineer salary?

A Quant Engineer, also known as a quantitative engineer, typically earns a salary ranging from $100,000 to $200,000 per year in the United States, depending on experience, education, and location. In major financial hubs like New York or London, total compensation, including bonuses, can exceed $250,000 annually. Factors such as the employer's size, industry (hedge funds, investment banks, tech firms), and individual performance also play significant roles in determining pay. Entry-level Quant Engineers may start on the lower end of the scale, while those with advanced degrees and several years of experience can command much higher salaries. Compensation packages often include bonuses, stock options, and other incentives.

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

To thrive as a Quantitative Engineer, you need strong mathematical modeling, statistical analysis, and programming skills, typically supported by a degree in quantitative fields such as mathematics, physics, computer science, or engineering. Proficiency with programming languages like Python, C++, and statistical tools such as MATLAB or R is commonly required, along with familiarity with financial databases and trading platforms. Outstanding problem-solving abilities, attention to detail, and effective teamwork are key soft skills for excelling in complex and dynamic environments. These skills are crucial for developing and implementing data-driven trading strategies that drive financial performance and manage risk.

What factors can influence the salary range for a quantitative engineer, and how do they typically progress with experience?

The salary for Quantitative Engineers can vary widely depending on factors such as level of education, years of experience, location, and the specific industry sector (e.g., finance, technology, hedge funds). Entry-level quant engineers may start with competitive base salaries, but total compensation can quickly rise with advanced degrees or specialized skills in machine learning, programming, or financial modeling. Additionally, bonuses and profit-sharing are common in finance, significantly enhancing overall pay. As quant engineers gain expertise, take on more project leadership, or move into senior or management roles, salary and benefits often increase accordingly.

What is the difference between Quant Engineer Salary vs Quant Analyst Salary?

AspectQuant EngineerQuant Analyst
Required CredentialsDegree in Math, Finance, or Computer Science; often requires programming skillsDegree in Finance, Economics, or Math; may also require programming knowledge
Work EnvironmentDevelops models, algorithms, and software for trading and risk managementAnalyzes data, develops trading strategies, and supports investment decisions
Employer & Industry UsageUsed in hedge funds, investment banks, and proprietary trading firmsCommon in asset management firms, hedge funds, and financial institutions

Quant Engineers typically have a stronger focus on software development and algorithm implementation, often earning higher salaries due to their technical expertise. Quant Analysts focus more on data analysis and strategy development. Both roles are vital in finance but differ in responsibilities and compensation levels.

What are popular job titles related to Quant Engineer Salary jobs in Indiana?

For Quant Engineer Salary jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Quant Engineer Salary jobs in Indiana look for?

The top searched job categories for Quant Engineer Salary jobs in Indiana are:

What cities in Indiana are hiring for Quant Engineer Salary jobs?

Cities in Indiana with the most Quant Engineer Salary job openings:

Quant Engineer Salary jobs near you

Quantitative Modeling and Research Analyst (II or Senior)

Federal Home Loan Bank of Indianapolis

Indianapolis, IN • On-site

$100 - $125/hr

Other

Medical, Dental, Vision, Retirement

Re-posted 18 hours ago

Job description

FHLBank Indianapolis is a financial institution that provides liquidity and support to banks, credit unions, community development financial institutions and insurers in Indiana and Michigan, with a focus on affordable housing and community development.

About the Role

The Senior Quantitative Modeling/Research Analyst is responsible for developing, maintaining, and operating financial models across the organization within the Modeling & Analytics Group of the Enterprise Risk Management department.

Responsibilities
  • Implement, test, and operate a diverse range of models for loan valuation, pledged collateral hair‑cut, probability of default, and loss estimation.
  • Utilize statistical and computational techniques to evaluate, calibrate, and tune credit and market risk models.
  • Establish and maintain model documentation covering theory, settings, assumptions, change control, performance monitoring, and user guides in coordination with Model Risk Management and regulatory advisory bulletins.
  • Explain model details, theory, assumptions, and settings to model users and other stakeholders across the organization.
  • Support model validation requests and address findings or recommendations.
  • Interact directly with model validators and regulators regarding model settings, assumptions, and implementation.
  • Lead the process to develop required model enhancements.
  • Stay current on methodologies, mathematical, analytical, and computational techniques related to model management and development.
Competencies
  • Business Analytics Knowledge
  • Research Knowledge
  • Quantitative Implementation Knowledge
  • General Maintaining Institutional Knowledge
  • Results‑driven
  • Time Management
  • People Communication
  • Interpersonal Skills
Position Requirements
  • Graduate degree in Mathematics, Quantitative Analysis, Statistics, Operations Research, Financial Engineering, or a related quantitative field (Master or PhD preferred).
  • CFA or/and FRM certifications are a plus.
  • Preferred 3+ years of experience in quantitative research, risk management, or related work.
  • Model development experience strongly preferred.
  • Experience in commonly used programming languages such as Python or C/C++.
  • Experience with Asset/Liability and valuation software models (e.g., Polypaths, QRM) is a plus.
  • Experience with database management concepts and tools such as SQL is a plus.
  • Attention to detail, ability to multi‑task, and a high degree of initiative and independence.
  • Verbal, written, and interpersonal skills to communicate effectively with all levels of bank personnel.
  • Must not have been convicted of any civil or criminal charge that would suggest a risk to bank security.
  • Ability to work full‑time and uphold the bank’s Guiding Principles.
Hiring Range

$93,000 - $110,000 (base salary; not inclusive of incentive awards, retirement benefits, or ancillary benefits).

Benefits
  • Hybrid workforce model: onsite three days a week, two days remote, with remote flex days available.
  • Competitive pay and total rewards.
  • Industry‑high 401(k) match: up to 6% plus an additional 4% contribution.
  • Tuition reimbursement assistance.
  • Student loan repayment assistance.
  • Medical, dental, vision, and pet insurance.
  • Generous time off: vacation, paid federal holidays, birthday month floating holiday, volunteer day, and summer hour program.
  • “Dress for your day” dress code: choose the appropriate work attire based on your schedule.
Equal Opportunity Employment

FHLBank Indianapolis is an Equal Opportunity Employer. The bank is committed to recruiting, hiring, developing, and retaining a diverse workforce by providing an environment that enables success for all employees.

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