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Quant Engineer Jobs in Raleigh, NC (NOW HIRING)

Principal Quant Developer

Raleigh, NC · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Developer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the ...

Principal Quant Developer

Butner, NC · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Developer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the ...

Principal Quant Developer

Durham, NC · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Developer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the ...

Principal Quant Developer

Cary, NC · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Developer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the ...

Principal Quant Developer

Bahama, NC · On-site

$107K - $216K/yr

The Role We are seeking a Principal Quant Developer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the ...

This will include reviewing full or targeted scope validation assessments the TAS quantitative ... D. in in Mathematics, Statistics, Data Science, Engineering, Computer Science 2. Technical model ...

Quantitative Associate

Durham, NC · On-site

$125K - $140K/yr

Bachelor's or Master's degree in a quantitative field such as Finance, Economics, Statistics, Computer Science, Engineering, or Mathematics. * A demonstrated passion for investing and a strong desire ...

Bachelor's or Master's degree in a quantitative field such as Finance, Economics, Statistics, Computer Science, Engineering, or Mathematics. * A demonstrated passion for investing and a strong desire ...

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Quant Engineer information

See Raleigh, NC salary details

$36.9K

$88K

$146.3K

How much do quant engineer jobs pay per year?

As of Jul 11, 2026, the average yearly pay for quant engineer in Raleigh, NC is $88,011.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $97,200.00 per year, depending on experience, location, and employer.

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 are popular job titles related to Quant Engineer jobs in Raleigh, NC? For Quant Engineer jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Quant Engineer jobs in Raleigh, NC look for? The top searched job categories for Quant Engineer jobs in Raleigh, NC are:
What cities near Raleigh, NC are hiring for Quant Engineer jobs? Cities near Raleigh, NC with the most Quant Engineer job openings:
Principal Quant Developer

Principal Quant Developer

Fidelity Investments

Raleigh, NC • On-site

$107K - $216K/yr

Other

Medical, Retirement, PTO

Re-posted 29 days ago


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 266 frontline employees who took The Breakroom Quiz

17th of 148 rated financial services


Job description

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

We are seeking a Principal Quant Developer 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 portfolio optimization & back testing ecosystem. This individual will include hands on development collaborating with team of software engineers and quantitative developers.

The Expertise and Skills You Bring

  • Minimum of 7 years of proven professional experience working in financial services (Asset Management experienced preferred)
  • Prior experience leveraging industry scale optimization libraries (Matlab Linear, Gurobi, Cplex, Axioma, Gurobi, or SciPy)
  • Experience with Python and micro-services / RESTful APIs
  • Proven ability to design highly scalable and low latency systems
  • 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
  • Bachelor’s degree in a computational field such as Computer Science, Master’s degree is preferred

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

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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