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Quant Engineer Jobs in Raleigh, NC (NOW HIRING)

Strata Clean Energy

Transmission Engineer

Durham, NC · On-site

The Transmission Engineer will work on the interconnection team supporting high-voltage project ... Ability to work methodically and analytically in a quantitative problem-solving environment

pcg

Project Engineer

Durham, NC · On-site

Performance Contracting is seeking an experienced Project Engineer for its PCI Raleigh 531 ... Quantitative takeoffs to verify estimates, order materials, and price change orders * Create and ...

pcg

Project Engineer

Durham, NC · On-site

Performance Contracting is seeking an experienced Project Engineer for its PCI Raleigh 531 ... Quantitative takeoffs to verify estimates, order materials, and price change orders * Create and ...

Windrose Staffing

PROJECT ENGINEER

Raleigh, NC

PROJECT ENGINEER in RALEIGH NC AREA NEW OPPORTUNITY for an experienced Project Engineer! Searching ... or quantitative productivity standards. * Ability to maintain regular, punctual attendance ...

Windrose Staffing

PROJECT ENGINEER

Raleigh, NC

Project Engineers help manage a project's planning and processes to ensure it is completed ... or quantitative productivity standards. * Ability to maintain regular, punctual attendance ...

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How much do quant engineer jobs pay per year?

As of May 30, 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 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.

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 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.

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.

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:
Quant Engineer jobs near you
Senior Manager Quantitative Analysis--Consumer Model Development

Senior Manager Quantitative Analysis--Consumer Model Development

First Citizens Bank

Raleigh, NC • Hybrid

Full-time

Posted 11 days ago

First Citizens Bank rating

7.6

Company rating: 7.6 out of 10

Based on 102 frontline employees who took The Breakroom Quiz

80th of 141 rated banks

Job description

Overview

This is a hybrid role (if located in Atlanta, GA, Charlotte, NC or Raleigh, NC ) with the expectation that time working will regularly take place inside and outside of a company office. Three days a week in office. Open to remote in several markets for highly qualified candidate.

The Manager of Consumer Model development will lead a team of quantitative risk analysts responsible for developing, implementing, and maintaining credit risk models for the bank's consumer lending portfolio. This role serves as the tactical leader bridging strategy and execution, reporting directly to the Director of Risk Analytics & Modeling while providing hands-on leadership to junior team members. The position requires strong technical expertise combined with people management skills to ensure effective delivery of risk modeling solutions.


Responsibilities
  • Support the Director and lead the development, testing, and implementation of advanced credit risk models across consumer lending products including Credit Cards, and Auto Loans, Mortgages, and HELOCs, with focus on Credit Card and Auto portfolios.
  •  Execute the model development plan and ensure proper delivery. Serve as the owner of model documentation, and development and testing materials.
  •  Lead and mentor a team of model development professionals, fostering a culture of innovation and continuous improvement in risk modeling approaches.
  •  Oversee the model ongoing monitoring program. Review the monitoring results and explain the model performance to model users and management.
  •  Support the Director in response to model validation findings and oversee the implementation of remediation. 
  •  Collaborate with other modeling and analytical teams to continuously improve the process and gain efficiency. Drive the enhancement of risk management frameworks to meet evolving regulatory requirements, including CCAR and CECL compliance.
  •  Support the Director and partner with business leadership to translate complex risk analytics insights into actionable business strategies and policy recommendations.
  •  Establish and maintain relationships with regulatory bodies, external/internal auditors, model Risk Management and key stakeholders.
  •  Guide the development and implementation of new risk assessment methodologies and tools to improve the organization's risk management capabilities.
  •  Lead strategic initiatives to modernize risk analytics infrastructure and capabilities through adoption of advanced technologies and methodologies, including AI and other intelligent tools.

Qualifications

Bachelor's Degree and 6 years of experience in Financial, Statistical or Quantitative Analysis Experience, with at least 2 years management/lead experience OR High School Diploma or GED and 10 years of experience in Financial, Statistical or Quantitative Analysis Experience, with at least 2 years management/lead experience

Preferred Education: advanced degree, masters/PHD in quantitative field, ie mathematics, computer science, financial engineering

Preferred Area of Study: Quantitative or Statistical Analysis, Financial Engineering, Computer Science, Mathematics

Preferred Area of Experience: Banking, Financial Engineering, Computer Science

Preferred Qualifications:


• Ph.D. degree in Statistics, Mathematics, Finance, or related quantitative field
• At least 10 years of progressive experience in credit risk model development, with at least 3 years in a leadership role
• At least 3 years hands on experience in Credit Card loss forecasting model development or validation
• Hands on experience using Python, SAS, Tableau
• Hands on experience in model development and model development documentation
• Demonstrated experience in leading teams responsible for development and implementation of enterprise-wide risk models
• Strong understanding of regulatory requirements and experience in interactions with regulatory bodies
• Experience with CCAR and CECL
• Expert knowledge of statistical modeling, machine learning techniques, and risk analytics methodologies
• Proven track record of translating complex analytical insights into actionable strategy

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

#LI-Hybrid

Qualifications:

Bachelor's Degree and 6 years of experience in Financial, Statistical or Quantitative Analysis Experience, with at least 2 years management/lead experience OR High School Diploma or GED and 10 years of experience in Financial, Statistical or Quantitative Analysis Experience, with at least 2 years management/lead experience

Preferred Education: advanced degree, masters/PHD in quantitative field, ie mathematics, computer science, financial engineering

Preferred Area of Study: Quantitative or Statistical Analysis, Financial Engineering, Computer Science, Mathematics

Preferred Area of Experience: Banking, Financial Engineering, Computer Science

Preferred Qualifications:


• Ph.D. degree in Statistics, Mathematics, Finance, or related quantitative field
• At least 10 years of progressive experience in credit risk model development, with at least 3 years in a leadership role
• At least 3 years hands on experience in Credit Card loss forecasting model development or validation
• Hands on experience using Python, SAS, Tableau
• Hands on experience in model development and model development documentation
• Demonstrated experience in leading teams responsible for development and implementation of enterprise-wide risk models
• Strong understanding of regulatory requirements and experience in interactions with regulatory bodies
• Experience with CCAR and CECL
• Expert knowledge of statistical modeling, machine learning techniques, and risk analytics methodologies
• Proven track record of translating complex analytical insights into actionable strategy

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

#LI-Hybrid

Education:UNAVAILABLEEmployment Type: FULL_TIME

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