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Quant Engineer Jobs in Michigan (NOW HIRING)

... on quantitative feedback; knows and explains the "why" behind actions * Prioritized reaction ... Plans and formulates engineering programs within area of assigned responsibility. * Implements and ...

... on quantitative feedback; knows and explains the "why" behind actions * Prioritized reaction ... Plans and formulates engineering programs within area of assigned responsibility. * Implements and ...

... on quantitative feedback; knows and explains the "why" behind actions * Prioritized reaction ... HMI programming experience * Experience with Allen Bradley PLC, RS Logix & Studio 5000.

Data Engineer with DevOps Skill

Dearborn, MI · On-site

$105K - $126K/yr

Education & Experience: · Bachelor's or Master's degree in Computer Science, Data Engineering, Information Technology, or a related quantitative field. · Typically, 8+ years of experience in data ...

Engineer, Supplier Development FLSA STATUS: Exempt REPORTS TO: Manager, Supply Chain (Supplier ... Extensive knowledge of quantitative and qualitative research methods * Strong analytical and ...

Engineer, Supplier Development FLSA STATUS: Exempt REPORTS TO: Manager, Supply Chain (Supplier ... Extensive knowledge of quantitative and qualitative research methods * Strong analytical and ...

... on quantitative feedback; knows and explains the "why" behind actions * Prioritized reaction ... NPI Concurrent Engineering - Conducts meetings with customers to review design concepts.

Coatings Engineer - Plant 4

Whitehall, MI · On-site

$69K - $89K/yr

... on quantitative feedback; knows and explains the "why" behind actions * Prioritized reaction ... Bachelor's Degree in Engineering from an accredited institution * Employees must be legally ...

Principal Software Engineer

Ann Arbor, MI · Hybrid

$132K - $177K/yr

Principal Software Engineer The global capital markets are among the largest markets in the world ... and quantitative and qualitative attributes within. This fundamental need plus a booming market ...

Visualize validation results, analyses, and predictions using Power BI to deliver clear qualitative and quantitative insights * Collaborate closely with architects, project managers, data engineers ...

Visualize validation results, analyses, and predictions using Power BI to deliver clear qualitative and quantitative insights * Collaborate closely with architects, project managers, data engineers ...

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Showing results 1-20

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:
Mechanical Engineer - Power (Multiple Locations)

Mechanical Engineer - Power (Multiple Locations)

Burns & McDonnell

Detroit, MI • On-site

$100K - $165K/yr

Full-time

Retirement

Re-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

Description
As a Mechanical Engineer, you will work on project teams to create world-class designs for new projects, alterations and redevelopments on a variety of power projects. The Mechanical Engineer will work with the project team throughout the design and construction process, adapting mechanical plans according to budget constraints, design factors or client needs.
  • Performs mechanical design of projects from the conceptual phase through design completion.
  • Modifies and reviews production drawings for a variety of power projects.
  • Designs mechanical systems and selects components for project needs and requirements that are set forth by the project managers.
  • Prepare mechanical equipment: packaged equipment specifications and data sheets, Request for Qualifications (RFQ's), technical bid summaries, and purchase recommendations.
  • Review mechanical equipment vendor drawings; data interface with suppliers, clients other engineering disciplines, detailers, and designers.
  • Applies strong knowledge of commonly used mechanical engineering/design concepts, principles, practices, codes, and procedures within the mechanical engineering services industry.
  • Researches and compiles project-related data as required by the project managers.
  • Quality reviews and updates production drawings for a variety of projects and project-related data as required by the project managers to verify corrections are made within multiple CAD-related software.
  • Quality reviews the construction administration including coordination with field personnel to resolve design-related installation issues, calculations, field inspections and testing of mechanical systems.
  • Compiles information for client presentations, shop drawing review, and contract administration for the design of power generating facilities.
  • Communicates with other disciplines (electrical, structural, civil) engineers for efficient project coordination.
  • Performs field inspections, measurements or calculations for public and private clients.
  • All other duties as assigned.

Qualifications
  • Bachelor of Science in Mechanical Engineering or related degree from an ABET-accredited program.
  • May also have a Bachelor of Science in Mechanical or related Engineering Technology from an ABET-accredited program and successful completion of Fundamentals of Engineering (FE) exam.
  • Master of Science degree in Mechanical Engineering may be substituted for 1 year experience.
  • 3 years of mechanical engineering experience, consulting preferred.
  • Successful completion (i.e. passing) FE or EIT preferred.
  • Strong knowledge in standard engineering techniques and procedures.
  • Excellent written and verbal communication skills.
  • Ability to work methodically and analytically in a quantitative problem-solving environment and demonstrated critical thinking skills.
  • Proficient in standard engineering techniques and procedures.
  • Strong computer skills (e.g. Microsoft Office Suite).
  • Strong computer skills include AutoCAD, BIM (Revit), 3D Rendering Programs, hydraulic analysis, and HVAC analysis programs.
  • Strong attention to detail, facilitation, team building, collaboration, organization and problem-solving skills.

Compensation
$100,000.00-165,000.00 Yearly
The expected compensation range for this position is displayed in compliance with all local/state regulations. The expected compensation range for this position is based on a number of factors, including but not limited to: individual education, qualifications, prior work experience and work location. The total annual compensation package will consist of a base salary and eligibility to participate in our discretionary year-end incentive bonus program.
Benefits
Our extensive benefits package takes care of you so that you can focus on doing great work. From insurance and disability to time off and wellness programs, we provide the tools to meet your needs. As part of being 100% employee-owned, eligible employees participate in our Employee Stock Ownership Plan (ESOP) in addition to our 401(k) retirement program. For more information, please visit the Benefits & Wellness page.
This job posting will remain open a minimum of 72 hours and on an ongoing basis until filled.
EEO/Disabled/Veterans
Job Mechanical Engineering
Primary Location US-MO-Kansas City
Other Locations US-MO-Saint Louis, US-CO-Denver, US-MI-Detroit, US-IL-Chicago, US-OH-Columbus
Schedule: Full-time
Travel: Yes, 25 % of the Time
Req ID: 262208
Job Hire Type Experienced #LI-JJ #PWR

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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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