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Quant Jobs (NOW HIRING)

As a quantitative developer at Frec, you'll create products that enable us to level the financial playing field and empower people to manage their own money. Some values we identify with are ...

Work closely with Quantitative Analysts and assisting in the development, implementation and testing of proprietary models and tools for equity derivatives trading; may supervise indirectly projects ...

Principal Quant Developer

Hoboken, NJ · Hybrid

$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

Pelham, NH · Hybrid

$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

Hudson, NH · Hybrid

$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

Secaucus, NJ · On-site

$107K - $216K/yr

Principal Quantitative Developer The Role As one of the principal quant developer on the team, you blend investment management and technical expertise with a passion for delivering results. You will ...

Principal Quant Developer

Newark, NJ · Hybrid

$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

Hoboken, NJ · On-site

$107K - $216K/yr

Principal Quantitative Developer The Role As one of the principal quant developer on the team, you blend investment management and technical expertise with a passion for delivering results. You will ...

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Quant information

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$98K

$169.7K

$259.5K

How much do quant jobs pay per year?

As of Jun 3, 2026, the average yearly pay for quant in the United States is $169,729.00, according to ZipRecruiter salary data. Most workers in this role earn between $134,500.00 and $199,000.00 per year, depending on experience, location, and employer.

What Does a Quant Do?

Quant refers to a quantitative analyst whose responsibilities are to research and analyze market trends in finance. As a quant, you research and decipher statistics and design financial models to help banks, insurance companies, and other finance-focused organizations assess and prevent their risk, make sound investments, and better understand pricing structures to increase profit. Your duties also include creating codes for programs that follow financial trends and patterns, recording data and analyses, and consulting with business leaders in an organization to offer suggestions to combat potential financial risks. Large financial institutions and firms with trading processes typically hire quants.

What are the key skills and qualifications needed to thrive as a Quant, and why are they important?

To thrive as a Quant, you need strong quantitative and analytical skills, typically supported by advanced degrees in mathematics, statistics, physics, or related fields. Proficiency with programming languages like Python or C++, financial modeling, and familiarity with tools such as MATLAB or R are essential, along with knowledge of financial markets. Exceptional problem-solving, attention to detail, and effective communication help Quants stand out in collaborative and high-stakes environments. These skills enable Quants to develop robust models and strategies that drive critical decision-making and risk management in finance.

What are some common challenges faced by Quants when collaborating with software developers and traders?

Quants often encounter challenges in bridging the gap between theoretical models and practical implementation. Effective communication is essential, as translating complex quantitative concepts into actionable trading strategies requires close collaboration with both software developers and traders. Misunderstandings can occur due to differences in technical language or priorities, so fostering a collaborative environment and being open to feedback is crucial. Regular meetings and clear documentation can help ensure that models are accurately implemented and aligned with trading objectives.

What are quants?

Quants, short for quantitative analysts, are professionals who use mathematical models, statistics, and computational techniques to analyze financial data and develop trading strategies. They are typically employed by investment banks, hedge funds, asset management firms, and financial technology companies. Quants play a crucial role in pricing securities, managing risk, and optimizing portfolios. Their expertise is essential for making data-driven decisions in complex financial markets.

What is the difference between Quant vs Data Analyst?

AspectQuantData Analyst
Required CredentialsDegree in Math, Finance, or Computer Science; often requires advanced degreesBachelor's in Statistics, Economics, or related field; sometimes requires certifications
Work EnvironmentFinancial firms, hedge funds, investment banksCorporations, consulting firms, market research
Employer & Industry UsagePrimarily in finance and tradingAcross various industries including finance, marketing, healthcare
Common Search & Comparison IntentUnderstanding quantitative roles in financeExploring data analysis careers

While both Quant and Data Analyst roles involve working with data, Quants focus on developing complex models for trading and risk management in finance, often requiring advanced degrees and specialized skills. Data Analysts typically interpret data to inform business decisions across industries, with a broader scope and different tools. The roles overlap in data handling but differ significantly in application and industry focus.

What cities are hiring for Quant jobs? Cities with the most Quant job openings:
What are the most commonly searched types of Quant jobs? The most popular types of Quant jobs are:
What states have the most Quant jobs? States with the most job openings for Quant jobs include:

Principal Quant Developer

Fidelity Investments

Smithfield, RI • Hybrid

$107K/yr

Full-time

Medical, Retirement, PTO

Posted 24 days ago


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 264 frontline employees who took The Breakroom Quiz

14th of 138 rated financial services


Job description

Job Description:

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 Systematic Alternatives portfolio construction and Management System. This individual will include hands-on development collaborating with team of quantitative researchers, software engineers and quantitative developers.

The Expertise and Skills You Bring

  • Bachelor's degree in a computational field such as Computer Science, Master's degree is preferred
  • Minimum of 7 years of proven professional experience working in financial services (Asset Management experienced preferred)
  • Strong experience in system architecture, design patterns and software engineering fundamentals such as data structures, OOP, functional programming, data modeling.
  • Experience with Python or Java and micro-services / RESTful APIs
  • Experience working with SQL database (Oracle, Snowflake)
  • Experience working on AWS cloud environment and working knowledge of CI/CD & DevOps
  • Experience integrating financial data with Angular UI
  • Exposure to test automation frameworks (unit & integration)
  • Demonstrated experience with portfolio construction and management is a plus
  • Nice to have experience with derivatives and financial instruments such as Futures, interest rate swaps (IRS), total return swaps (TRS), and FX forwards.
  • 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

The Team

Asset Management Technology (AMT) provides worldwide technology and support to all the Investment Management, Research, Trading, and Investment Operations functions. We are seeking a Principal, Quant Developer, to join our Quantitative Research & Investing Technology organization. This role will be part of our Quantitative Engineering team, which is responsible for delivering & maintaining solutions for Quant Research team.

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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