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Quant Engineer Jobs in Michigan (NOW HIRING)

Masters Degree in Computer Science, Information Systems, or a related quantitative field. * 3+ years of professional experience in Software Engineering or Data Science building scalable production ...

Cost Engineer -Engine & Propulsion system Location: Auburn Hills, MI JD: Essential Technical skills ... Excellent communication skills, both verbal and written Strong Analytical and quantitative skills ...

AI Software Engineer

Dearborn, MI · On-site

$100K - $192K/yr

Masters Degree in Computer Science, Information Systems, or a related quantitative field. * 3+ years of professional experience in Software Engineering or Data Science building scalable production ...

Quality Engineer

Spring Lake, MI · On-site

$80K - $100K/yr

Purpose of the job Currently seeking an experienced Quality Engineer for an opportunity with a ... Analytical and quantitative approach to problem solving. * Knowledge and/or experience with control ...

Bachelor's degree in Computer Science, Data Science, Engineering, Operations Research, or a related quantitative field * 3+ years of experience in data science, AI/ML, or advanced analytics * Strong ...

... quantitative trading firm with deep partnerships to asset management firms globally. Over the past ... We are looking for a part-time Software Engineer who will assist us with the design, development ...

... quantitative trading firm with deep partnerships to asset management firms globally. Over the past ... We are looking for a part-time Software Engineer who will assist us with the design, development ...

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Quant Engineer information

What engineer makes $500,000 a year?

Quantitative engineers, or quants, working in finance or hedge funds with extensive experience, advanced degrees, and strong programming skills can earn $500,000 or more annually through base salary, bonuses, and profit sharing. Such compensation typically requires expertise in mathematics, programming languages like Python or C++, and a deep understanding of financial markets. These roles are often located in major financial hubs and demand high levels of performance and specialization.

How much do quants get paid?

Quantitative analysts, or quants, typically earn between $100,000 and $200,000 annually at entry to mid-level positions, with senior roles often exceeding $300,000 including bonuses. Compensation varies based on experience, location, firm size, and performance, with many quants also receiving performance-based bonuses and benefits. Strong skills in mathematics, programming, and finance are essential for higher salaries in this field.

What engineers make $300,000 a year?

Senior quantitative engineers, often called quant researchers or quant developers, can earn $300,000 or more annually, especially with experience, advanced degrees, and expertise in programming languages like Python or C++, as well as knowledge of financial markets and risk management. Compensation typically includes base salary, bonuses, and profit sharing, particularly in hedge funds, investment banks, and proprietary trading firms.

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 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.

Do I need a PhD to be a quant?

A PhD is not strictly required to become a quantitative engineer, but many roles prefer candidates with advanced degrees in fields like mathematics, physics, or engineering. Strong programming skills, proficiency in tools like Python or C++, and solid quantitative knowledge are essential for success in the field.

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 cities in Michigan are hiring for Quant Engineer jobs? Cities in Michigan with the most Quant Engineer job openings:
Staff Cables Engineer (Southfield)

Staff Cables Engineer (Southfield)

Burns & McDonnell

Southfield, MI

Full-time

Posted 14 days ago


Burns & McDonnell rating

8.6

Company rating: 8.6 out of 10

Based on 49 frontline employees who took The Breakroom Quiz

3rd of 79 rated construction


Job description

The Staff Cable Engineer will work on project teams to create world-class designs for new projects, alterations and redevelopments on a variety of projects, including underground, trenchless and/or submarine power cable lines. The Staff Cable Engineer will work with the project team throughout the design and construction process, adapting power line plans according to budget constraints, design factors or client needs.
  • Performs cable design for projects from the conceptual phase through design completion, including routing, duct bank design, conductor selection, splice vault design, cost estimating, and termination structure coordination.
  • Modifies and reviews power line components based on project needs and client requirements.
  • Prepares materials necessary for cable construction: technical specifications and data sheets, Requests for Qualifications (RFQs), technical bid summaries, and purchase recommendations.
  • Performs calculations necessary for cable design, including alignment, cable ampacity, cable pulling, etc.
  • Applies strong knowledge of commonly used underground powerline engineering/design concepts, principles, practices, codes, and procedures within the distribution and transmission engineering services industry.
  • Researches and compiles project-related data as required by project managers. Compiles studies and reports. Writes technical specifications.
  • Researches and interprets industry standards and applies basic knowledge of those standards to project needs.
  • Updates drawings provided by senior engineers to verify corrections are made using multiple CAD-related software tools.
  • Compiles information for client presentations, shop drawing reviews, and contract administration for the design of power, process, pipeline, industrial, healthcare, airport, educational, commercial, governmental, and military facilities.
  • Performs field inspections, measurements, or calculations for public and private clients.
  • Performs other duties as assigned
  • Complies with all policies and standards
  • Bachelor Degree in Civil/Structural, Electrical or Mechanical Engineering or related degree from an ABET accredited program and 3 years of relevant engineering experience, consulting preferred Required or
  • Bachelor Degree in Civil/Structural, Electrical, or Mechanical Engineering or related Engineering Technology degree from an ABET accredited program and successful completion of the Fundamentals of Engineering (FE) exam and 3 years of relevant engineering experience, consulting preferred Required
  • Strong knowledge in standard engineering techniques and procedures.
  • Strong knowledge of Cables equipment design codes (e.g. IEEE, AEIC, ICEA).
  • Knowledge of underground and/or submarine cables construction methods and cable system equipment
  • Excellent written and verbal communication skills.
  • Ability to work methodically and analytically in a quantitative problem-solving environment and demonstrated critical thinking skills.
  • Strong computer skills (e.g. Microsoft Office Suite)
  • Basic knowledge of navigating common CAD software (e.g. AutoCAD, MicroStation, Civil 3D), and/or cable pulling and ampacity analysis programs.
  • Strong attention to detail, facilitation, team building, collaboration, organization and problem-solving skills.
  • Proficiency in distribution design software and GIS to aid in design.
  • Strong knowledge regarding easements, right-of-way, and permitting for distribution projects.
  • Excellent written and verbal communication skills.
  • Ability to work methodically and analytically in a quantitative problem-solving environment and demonstrated critical thinking skills.
  • Strong attention to detail, facilitation, team building, collaboration, organization, and problem-solving skills.
  • Engineers in Training-EIT Certification Preferred

EEO/Disabled/Veterans


What Burns & McDonnell employees say

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About Burns & McDonnell

Sourced by ZipRecruiter

Burns & McDonnell assists clients of all sizes and industries by providing extensive physical services ranging from assessments, integrated security solutions, and large security architecture designs. Services we typically provide include security and safety system design, threat, risk, and vulnerability assessments, security surveys, security master planning, compliance to federal security programs, independent validation and verification of integrated security system operations, management of installation and maintenance, and staff augmentation to develop and implement facility management and protection processes.

Industry

Civil engineering construction

Company size

10,000+ Employees

Headquarters location

Kansas City, MO, US

Year founded

1898

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