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Quant Engineer Salary Jobs (NOW HIRING)

Principal Quant Developer

Bahama, NC · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Engineer to join our Quantitative Research & Investments ... Base salary is only part of the total compensation package. Depending on the position and ...

Principal Quant Developer

Butner, NC · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Engineer to join our Quantitative Research & Investments ... Base salary is only part of the total compensation package. Depending on the position and ...

Principal Quant Developer

Durham, NC · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Engineer to join our Quantitative Research & Investments ... Base salary is only part of the total compensation package. Depending on the position and ...

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Quant Engineer Salary information

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$38K

$90.5K

$150.5K

How much do quant engineer salary jobs pay per year?

As of Jun 24, 2026, the average yearly pay for quant engineer salary 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 engineers make $300,000 a year?

Senior quantitative engineers, especially those with extensive experience, advanced skills in programming, and expertise in financial modeling, can earn $300,000 or more annually. Compensation often includes base salary, bonuses, and profit sharing, particularly in hedge funds, investment banks, and proprietary trading firms.

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 engineer makes $500,000 a year?

Quantitative engineers, or quants, working in finance or hedge funds can earn $500,000 or more annually, especially with experience, advanced degrees, and expertise in programming, mathematics, and financial modeling. Compensation often includes base salary, bonuses, and profit sharing, with top performers in high-paying firms reaching this level.

How much does a quant engineer make?

A quant engineer typically earns a salary ranging from $100,000 to over $200,000 annually, depending on experience, location, and the firm. Senior roles or those with specialized skills in programming, mathematics, and finance can command higher compensation, often supplemented with bonuses and incentives.

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 jobs pay 500,000 a year in the US?

In the US, highly compensated roles such as senior quantitative engineers, hedge fund managers, and senior investment bankers can earn $500,000 or more annually, often through base salary, bonuses, and profit sharing. These positions typically require advanced degrees, extensive experience, and strong skills in finance, mathematics, or programming. Compensation varies widely based on industry, location, and individual performance.

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 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.
More about Quant Engineer Salary jobs
What cities are hiring for Quant Engineer Salary jobs? Cities with the most Quant Engineer Salary job openings:
What states have the most Quant Engineer Salary jobs? States with the most job openings for Quant Engineer Salary jobs include:

Principal Quant Developer

Fidelity Investments

North Bergen, NJ • On-site

$107K - $216K/yr

Other

Medical, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 264 frontline employees who took The Breakroom Quiz

14th of 139 rated financial services


Job description

Job Description:

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 quant research and investments teams to design, build, enhance, and support a comprehensive Systematic Fixed Income research and portfolio construction ecosystem. This individual will include hands on development collaborating with team of software engineers and quantitative developers.

The Expertise and Skills You Bring

  • Bachelor’s degree in a computational field such as Computer Science, Master’s degree is preferred

  • Minimum of 5 years of proven professional experience working in financial services (Asset Management experienced preferred)

  • Proven experience engaging with senior internal and external clients and partners

  • Experience with Python and micro-services / RESTful APIs

  • Experience integrating data services with Excel or other UI like angular is a plus

  • Prior quant dev experience with Fixed Income asset class is a plus

  • Experience working on AWS cloud environment and working knowledge of CI/CD & DevOps

  • Strong experience in system architecture, design patterns and software engineering fundamentals such as OOP, functional programming, data modeling.

  • Advanced understanding of data structures

  • Demonstrated experience with portfolio construction and/or portfolio optimization is a plus

  • Proven ability to capture requirements and formulate plans by partnering with various stakeholders

  • Strong communication, interpersonal and relationship building skills to influence decisions and engage across Fidelity and at all levels of the organization

The base salary range for this position is $107,000-216,000 USD per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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