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Quant Engineer Jobs in Utah (NOW HIRING)

AI Operations Engineer

Draper, UT · On-site

$65K - $87K/yr

You'll help them understand how to test the agent and translate their qualitative feedback into quantitative technical improvements. * Architectural Strategy: You will work within the existing ...

As a Sales Engineer, you will act as the ecommerce expert between lead generation representatives ... Has a solid grasp on industry stats/Pattern proof points and process qualitative/quantitative data ...

As a Sales Engineer, you will act as the ecommerce expert between lead generation representatives ... Has a solid grasp on industry stats/Pattern proof points and process qualitative/quantitative data ...

As a Sales Engineer, you will act as the ecommerce expert between lead generation representatives ... Has a solid grasp on industry stats/Pattern proof points and process qualitative/quantitative data ...

... Engineering. Incumbents whose focus is the quantitative analysis of complex business problems and issues using data from internal and external sources to provide insight to decision-makers should be ...

... Engineering. Incumbents whose focus is the quantitative analysis of complex business problems and issues using data from internal and external sources to provide insight to decision-makers should be ...

... Engineering. Incumbents whose focus is the quantitative analysis of complex business problems and issues using data from internal and external sources to provide insight to decision-makers should be ...

College Math Tutor

Provo, UT · Remote

$18 - $40/hr

... linear programming, and mathematical modeling. Ability to explain quantitative reasoning, set theory, logic, and probability while preparing students to meet general education mathematics ...

College Math Tutor

Cedar City, UT · Remote

$18 - $40/hr

... linear programming, and mathematical modeling. Ability to explain quantitative reasoning, set theory, logic, and probability while preparing students to meet general education mathematics ...

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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 Utah are hiring for Quant Engineer jobs? Cities in Utah with the most Quant Engineer job openings:
Manager Card Business Analytics

Manager Card Business Analytics

Merrick Bank

South Jordan, UT • On-site

Full-time

Posted 28 days ago


Job description

Job Summary:
Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, serving millions of cardmembers and merchant customers nationwide. The Manager of Card Business Analytics drives profitable growth and optimizes credit performance across the credit card business, contributing to various programs and workstreams while collaborating with cross-functional teams to translate insights into impactful business decisions.
Responsibilities:
• Contributes to the design and optimization of integrated credit strategies, including credit line management, acquisition policies, and product frameworks to balance growth and risk.
• Contributes to innovation in valuation methodologies, decision frameworks, analytics, and modeling integration to improve portfolio performance and profitability.
• Performs valuation exercises across programs such as credit line increases and new account acquisitions, ensuring assumptions and economics are accurate and optimized.
• Conducts periodic model monitoring and recommends valuation changes, tracking outcomes to ensure value creation.
• Designs, launches, and monitors A/B and multivariate tests that enhance credit strategies and identify new growth opportunities.
• Maintains the test inventory, creates iterative testing roadmaps, and institutionalizes learnings across teams.
• Supports and enhances performance monitoring suites, leads reporting forums, and develops insights to inform strategy updates.
• Performs ongoing monitoring of strategic initiatives to ensure expected results and early identification of emerging risks.
• Partners with channel owners, Data Science/Modeling, Finance, and other teams to ensure strategic alignment and high‑quality execution.
• Socializes strategies, influences business decisions, and presents insights and recommendations to senior leadership and executives.
• Serves as a champion of change, communicating effectively and leading from the front in a fast‑paced environment.
• Responsible for complying with all of the Bank’s internal control policies and procedures.
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.
Qualifications:
Required:
• Bachelor's Degree in an analytical or quantitative field such as Statistics, Mathematics, Computer Science, Economics, Business Intelligence, Finance, or Engineering is required.
• Two (2) years’ experience (with a Master’s Degree) or three (3) years’ experience (with Bachelor’s degree) in data analytics, strategy execution, decision engine, cloud data, or equivalent experience is required.
• Profound expertise in Python, SQL, and Microsoft Excel/VBA.
• Proficiency with Microsoft Office tools like Excel, PowerPoint, Word, etc.
• Comfort with ambiguity and working hands-on with large analytical datasets to perform complex analyses.
• Excellent verbal, written, and interpersonal communication skills.
• Demonstrated strengths with problem-solving, critical thinking, detail-orientation, and organization.
• Advanced quantitative skills, including knowledge of probability, statistical inference, and regression analysis principles.
Preferred:
• Master's Degree in an analytical or quantitative field such as Statistics, Mathematics, Computer Science, Economics, Business Intelligence, Finance, or Engineering is preferred.
• Previous experience in financial services, consulting, or corporate strategy is preferred.
• Proficiency with PowerBI, Tableau, or similar tools.
Company:
Merrick Bank is a bank offering credit program and financing services to marine and RV dealers. Founded in 1997, the company is headquartered in Draper, USA, with a team of 201-500 employees. The company is currently Growth Stage.