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Quant Engineer Jobs in Montclair, NJ (NOW HIRING)

C++ Quant Developer

New York, NY ยท On-site

$260K/yr

  • Medical

  • Life

  • Retirement

You will work on complex engineering problems in a close relationship with traders and quants. Your responsibilities will span a variety of applications including automated quoting, execution and ...

Junior Quantitative Developer

New York, NY ยท On-site

$150K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Reporting to the Lead Quantitative Developer in Stamford, CT, you will work closely with traders ... Support the West Power and Carbon trading desks by working closely with quant researchers to ...

You will be the primary NY-based engineer supporting portfolio managers, analysts and quants functions across both business lines. The role spans Python data pipelines and analytics platforms serving ...

Quant Developer

Manhattan, NY ยท On-site

  • Medical

  • Life

  • Retirement

  • PTO

You will be the primary NY-based engineer supporting portfolio managers, analysts and quants functions across both business lines. The role spans Python data pipelines and analytics platforms serving ...

Quant Developer

New York, NY ยท On-site

  • Medical

  • Life

  • Retirement

  • PTO

You will be the primary NY-based engineer supporting portfolio managers, analysts and quants functions across both business lines. The role spans Python data pipelines and analytics platforms serving ...

Junior Quantitative Developer

New York, NY ยท On-site

$150K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Reporting to the Lead Quantitative Developer in Stamford, CT, you will work closely with traders ... Support the West Power and Carbon trading desks by working closely with quant researchers to ...

Quantitative Engineer - Credit

New York, NY ยท On-site

  • Medical

  • Retirement

  • PTO

Optiver is seeking a Quantitative Engineer specializing in the US corporate bond and credit derivative markets to join the greenfield buildout of our systematic credit trading business. Our ...

Collaborate with quant researchers to implement framework for automating and presenting analytics ... Strong programming skills in Python and SQL * Solid background in math/statistics/finance and ...

Quantitative Engineer - Credit

New York, NY ยท On-site

$200K/yr

  • Medical

  • Retirement

  • PTO

Optiver is seeking a Quantitative Engineer specializing in the US corporate bond and credit derivative markets to join the greenfield buildout of our systematic credit trading business. Our ...

Collaborate with quant researchers to implement framework for automating and presenting analytics ... Strong programming skills in Python and SQL * Solid background in math/statistics/finance and ...

Showing results 41-60

Quant Engineer information

See Montclair, NJ salary details

$38.7K

$92.3K

$153.4K

How much do quant engineer jobs pay per year?

As of Aug 13, 2026, the average yearly pay for quant engineer in Montclair, NJ is $92,261.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,900.00 and $101,900.00 per year, depending on experience, location, and employer.

What is the salary of a quant engineer?

The salary of a quant engineer typically ranges from $100,000 to $200,000 annually, with higher compensation for those with advanced degrees, extensive experience, or specialized skills in programming languages like Python or C++. In addition to base salary, many quant engineers receive bonuses and performance incentives, especially in financial firms or hedge funds.

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 is a quant engineer?

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.

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 job categories do people searching Quant Engineer jobs in Montclair, NJ look for?

The top searched job categories for Quant Engineer jobs in Montclair, NJ are:

What cities near Montclair, NJ are hiring for Quant Engineer jobs?

Cities near Montclair, NJ with the most Quant Engineer job openings:

Infographic showing various Quant Engineer job openings in Montclair, NJ as of August 2026, with employment types broken down into 100% Full Time. Highlights an 89% In-person, and 11% Hybrid job distribution, with an average salary of $92,261 per year, or $44.4 per hour.

C++ Quant Developer

Bank of Montreal

New York, NY โ€ข On-site

$260K/yr

Full-time

Medical, Life, Retirement

Re-posted 29 days ago


Job description

Application Deadline:
08/30/2026
Address:
151 W 42nd Street
Job Family Group:
Capital Mrkts Sales & Service
BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets
BMO Global Markets is transforming its Fixed Income electronic and quantitative trading platform. We are looking for builders who are passionate about high performance technology and are comfortable working in small, focused teams on high visibility projects. You will work on complex engineering problems in a close relationship with traders and quants. Your responsibilities will span a variety of applications including automated quoting, execution and risk management. You will also contribute to the foundational frameworks and the quant library.
Qualifications:
  • 2+ years of experience developing high-performance software in C++
  • Experience working on trading systems
  • Experience working with Linux
  • A degree in a technical or quantitative field

Nice to haves:
  • Knowledge of Rates pricing and risk
  • Experience building or working with quant libraries
  • Understanding of network fundamentals and transactional technologies
  • Python

Salary:
Please note the base salary for this role at VP level is $260,000 USD.
Salary:
Pay Type:
Salaried
The above represents BMO Financial Group's pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.
BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
About Us
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.
To find out more visit us at http://jobs.bmo.com/us/en
BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.
BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

BMO logo

About BMO

Sourced by ZipRecruiter

BMO, or Bank of Montreal, is one of the biggest multinational banking and financial services corporations in North America. Developed in 1817, BMO's American headquarters are located ideally in Chicago, Illinois while its main world headquarters are situated in Montreal. The bank operates in a multitude of sectors including personal and commercial banking, wealth management and investment banking products and solutions. Over the years, BMO has been recognized for its commitment to doing what's right for its customers, employees, and society.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

Chicago, IL, US

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