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Quant Trader Jobs in Michigan (NOW HIRING)

AD Mortgage

Capital Markets Head Trader

Troy, MI · On-site

Trading & Execution: Oversee the daily execution of all MBS trading activities, including TBA ... Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.

AD Mortgage

Capital Markets Head Trader

Troy, MI · On-site

Trading & Execution: Oversee the daily execution of all MBS trading activities, including TBA ... Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.

Squirl Financial

Software Engineer

Detroit, MI · On-site +1

Overtime, as our shared experience and connections grew, we eventually transitioned into becoming an advanced quantitative trading firm with deep partnerships to asset management firms globally. Over ...

Squirl Financial Inc

Software Engineer

Detroit, MI · On-site +1

Overtime, as our shared experience and connections grew, we eventually transitioned into becoming an advanced quantitative trading firm with deep partnerships to asset management firms globally. Over ...

Viewline Ventures

Quantitative Team Manager

Detroit, MI · On-site

The Role You run the execution floor day to day so our Head of Quant can go back to research. Today ... Operations management at a trading firm, betting operation, payments company or similar * Technical ...

BELFOR Holdings

Sales Account Manager

Livonia, MI

You will be required to attend client meetings and trade shows as appropriate. Responsibilities ... Provide quantitative data to support results of Marketing events to management * Develop and ...

BELFOR Holdings

Sales Account Manager

Livonia, MI · On-site

You will be required to attend client meetings and trade shows as appropriate. Responsibilities ... Provide quantitative data to support results of Marketing events to management * Develop and ...

BELFOR Holdings

Sales Account Manager

Okemos, MI

You will be required to attend client meetings and trade shows as appropriate. Responsibilities ... Provide quantitative data to support results of Marketing events to management * Develop and ...

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All JobsQuant Trader JobsQuant Trader Jobs in Michigan

Quant Trader information

See Michigan salary details

$85.4K

$147.9K

$226.2K

How much do quant trader jobs pay per year?

As of Sep 6, 2026, the average yearly pay for quant trader in Michigan is $147,935.00, according to ZipRecruiter salary data. Most workers in this role earn between $117,200.00 and $173,400.00 per year, depending on experience, location, and employer.

What is a quant trader?

A Quant Trader, or Quantitative Trader, is a finance professional who uses mathematical models, statistical analysis, and algorithmic strategies to identify and execute trading opportunities. They work at hedge funds, investment banks, or proprietary trading firms to develop and refine trading strategies based on market data. Quant Traders leverage programming skills, machine learning, and financial knowledge to optimize trade execution and manage risk. Their goal is to generate consistent profits by capitalizing on inefficiencies in financial markets.

What does a quant trader do?

A typical day for a Quant Trader involves analyzing large sets of market data, developing and backtesting algorithmic trading strategies, and monitoring trades to ensure execution is aligned with the models. You may also spend time collaborating with other traders, data scientists, and software engineers to improve trading systems or adjust strategies in response to changing market conditions. The role often includes regular review meetings and quick decision-making, requiring you to stay current with market news and trends. This fast-paced environment offers both challenging intellectual work and opportunities for continuous learning and professional advancement.

What are the key skills and qualifications needed to thrive as a quant trader?

To thrive as a Quant Trader, you need a strong foundation in mathematics, statistics, programming (often Python or C++), and financial theory, typically supported by a degree in a quantitative discipline. Familiarity with data analysis libraries, trading platforms, and knowledge of modeling software like MATLAB or R is crucial, and certifications like CFA or FRM can be advantageous. Strong problem-solving abilities, adaptability, and clear communication help quant traders excel in fast-moving, team-oriented environments. These skills are vital for developing, testing, and executing complex trading strategies in competitive financial markets.

How much do quant traders make?

Quant traders typically earn a base salary ranging from $100,000 to $200,000 annually, with total compensation often exceeding $500,000 including bonuses and profit sharing. Compensation varies based on experience, firm size, and performance, with successful traders earning significantly more through performance-based incentives.

How much does a quant trader earn?

Quant traders typically earn a base salary ranging from $100,000 to $200,000 annually, with total compensation often exceeding $300,000 when including bonuses and profit sharing. Compensation varies based on experience, firm size, and performance, with successful traders earning significantly more through performance-based incentives.

What are the most commonly searched types of Quant Trader jobs in Michigan?

The most popular types of Quant Trader jobs in Michigan are:

What are popular job titles related to Quant Trader jobs in Michigan?

For Quant Trader jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Quant Trader jobs in Michigan look for?

The top searched job categories for Quant Trader jobs in Michigan are:

What cities in Michigan are hiring for Quant Trader jobs?

Cities in Michigan with the most Quant Trader job openings:

Quant Trader jobs near you
Infographic showing various Quant Trader job openings in Michigan as of August 2026, with employment types broken down into 92% Full Time, 4% Part Time, 3% Contract, and 1% Nights. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $147,935 per year, or $71.1 per hour.

Capital Markets Head Trader

AD Mortgage

Troy, MI • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 21 days ago

Job description

About this opportunity
As the Head of MBS Trading, you will oversee the pricing, hedging, trading, and execution of our mortgage portfolio. You will manage the pooling decision, pipeline risk management strategy and optimize profitability. This role requires a deep understanding of agency (Fannie Mae, Freddie Mac, Ginnie Mae) and non-agency execution, hedging instruments (TBA, Swaps, etc), and the macro-economic factors influencing interest rates.
Key Responsibilities
  • Trading & Execution: Oversee the daily execution of all MBS trading activities, including TBA trading, specified pool creation, and whole-loan sales to maximize secondary marketing gain-on-sale margins.
  • Risk Management & Hedging: Design, implement, and monitor comprehensive pipeline hedging strategies.
  • Best Execution Analysis: Continuously evaluate and optimize execution options
  • Team Guidance: Lead, mentor, and develop team of traders, analysts and secondary marketing specialists.
  • Vendor & Investor Relations: Maintain and expand strong relationships with broker-dealers, warehouse providers, and institutional investors.
  • Cross-Functional Collaboration: Partner closely with Finance, Accounting, Post Closing and other teams to ensure accurate loan delivery and funding and operational fluidity
  • Market Intelligence: Monitor economic indicators, Federal Reserve policy, and regulatory changes to adjust trading strategies proactively.
Location and Schedule
  • This is a full-time, office-based position in a modern, cozy environment in our Troy, MI or Fort Lauderdale, FL office.
  • Our standard working hours are Monday to Friday, 9:00 AM to 6:00 PM, promoting a healthy work-life balance.
Skills & Qualifications
  • Experience: Minimum of 3-5 years of experience in bond trading, specifically focused on Mortgage-Backed Securities (MBS)
  • Education: Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.
  • Technical Proficiency: Mastery of QRM, Tradeweb, Bloomberg and GSE websites. High proficiency in SQL, Python, or R for data analysis is a strong plus.
  • Deep Subject Matter Expertise: In-depth knowledge of mortgage pipeline dynamics, fallout modeling, servicing values (MSRs), and the mechanics of the TBA market.
What We Offer | Career and Culture
  • Company Culture: Inclusive, supportive company culture where you are not a number, but a voice that's heard and brings value.
  • Growth Path: Defined paid training and clear pathways for career development.
  • Benefits: Comprehensive benefits package including PTO, sick days, paid volunteer hours, medical, dental, vision insurance, and 401(k).
    Take the first step towards a rewarding career in the mortgage industry with AD Mortgage.
    Our Recruitment team will reach out to you shortly!

Connect with us: Explore our social media to get a sense of our corporate culture.
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We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Department Secondary & Capital Markets Locations Troy MI, Ft. Lauderdale HQ

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