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Quantitative Model Developer Jobs in Texas (NOW HIRING)

Contribute meaningfully to quantitative models, research, and tooling used daily on the Trading ... Collaborate efficiently with traders and developers to deliver reliable software and research ...

Contribute meaningfully to quantitative models, research, and tooling used daily on the Trading ... Collaborate efficiently with traders and developers to deliver reliable software and research ...

Advanced degree in quantitative analytics, economics, statistics, engineering, or a related area. * Minimum 4-5 years of experience in statistical/econometric modeling and database management.

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Quantitative Model Developer information

See Texas salary details

$91.3K

$158.1K

$241.8K

How much do quantitative model developer jobs pay per year?

As of May 29, 2026, the average yearly pay for quantitative model developer in Texas is $158,128.00, according to ZipRecruiter salary data. Most workers in this role earn between $125,300.00 and $185,400.00 per year, depending on experience, location, and employer.

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

To excel as a Quantitative Model Developer, you need strong mathematical and statistical skills, proficiency in programming languages like Python, R, or C++, and typically a degree in mathematics, statistics, computer science, or a related field. Experience with modeling frameworks, data analysis tools, and familiarity with quantitative finance platforms such as MATLAB or QuantLib are commonly required. Critical thinking, attention to detail, and effective communication are important soft skills for interpreting complex data and collaborating with cross-functional teams. These abilities are essential for developing accurate, reliable models that inform financial decision-making and risk management.

How does a Quantitative Model Developer typically collaborate with other teams within a financial institution?

Quantitative Model Developers frequently work alongside risk management, trading, and IT departments to ensure that financial models are both robust and aligned with business objectives. They often translate complex mathematical concepts for stakeholders, assist in model implementation, and respond to feedback or changing requirements. Collaboration is key, as they must ensure models are technically sound, regulatory compliant, and seamlessly integrated into production systems. Regular communication and interdisciplinary teamwork are essential for resolving challenges and delivering effective solutions.

What does a Quantitative Model Developer do?

A Quantitative Model Developer designs, implements, and maintains mathematical models used in finance, banking, or other industries to analyze data and support decision-making. They use programming languages, statistical techniques, and financial theory to develop models for tasks such as risk assessment, pricing, or forecasting. These professionals work closely with traders, analysts, and other stakeholders to ensure the models are accurate, efficient, and aligned with business goals.

What is the difference between Quantitative Model Developer vs Quantitative Analyst?

AspectQuantitative Model DeveloperQuantitative Analyst
Primary FocusDesigning, developing, and implementing quantitative modelsAnalyzing data to inform trading, investment, or risk decisions
Skills & CertificationsProgramming (Python, C++, R), quantitative finance, model developmentData analysis, statistical skills, financial knowledge
Work EnvironmentQuant teams in finance firms, hedge funds, banksResearch teams, trading desks, investment firms
Common UsageBuilding models used in trading algorithms and risk managementInterpreting data to support investment strategies

While both roles require quantitative skills and finance knowledge, Quantitative Model Developers focus on creating and coding models, whereas Quantitative Analysts analyze data to guide decisions. The roles often overlap but differ mainly in their core responsibilities and technical focus.

What are popular job titles related to Quantitative Model Developer jobs in Texas? For Quantitative Model Developer jobs in Texas, the most frequently searched job titles are:
What job categories do people searching Quantitative Model Developer jobs in Texas look for? The top searched job categories for Quantitative Model Developer jobs in Texas are:
Infographic showing various Quantitative Model Developer job openings in Texas as of May 2026, with employment types broken down into 2% As Needed, 95% Full Time, and 3% Part Time. Highlights an 72% Physical, 2% Hybrid, and 26% Remote job distribution, with an average salary of $158,128 per year, or $76 per hour.
Finance Quant Model Developer Senior Associate

Finance Quant Model Developer Senior Associate

JP Morgan Chase

Plano, TX • On-site

Full-time

Medical, Retirement

Posted 14 days ago


JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 466 frontline employees who took The Breakroom Quiz

45th of 141 rated banks


Job description

The Asset and Wealth Management (AWM) Finance Quantitative Modeling Team uses advanced statistical, quantitative, and computing techniques to develop, implement, test, and conduct analysis on advanced financial forecasting models. The modeled financial outcomes range from investment assets under management and their associated fees to deposit balances to lending portfolio balances and their credit costs. These models support regulatory requirements and inform business decision making.
As a Senior Associate on the Asset and Wealth Management Finance Quantitative Modeling Team, you will build, test, and implement advanced forecasting models using statistical and computing techniques to help us meet regulatory requirements and make better business decisions. You'll work closely with partners in product and risk to translate model outputs into clear insights, analyze large datasets for trends and drivers, proactively identify risks in model assumptions and results, and document methodologies so we can use these tools responsibly and confidently.

Job Responsibilities:

  • Support the design, testing, and implementation of quantitative models for pricing, risk management, and financial forecasting--using Python or similar programming / statistical packages.
  • Work closely with product and risk managers and other stakeholders to understand business needs, particularly as they relate to interpreting model output.
  • Identify and assess potential risks associated with model assumptions and outputs while developing strategies to mitigate identified risks.
  • Analyze large datasets to identify trends, patterns, and insights and use statistical tools and techniques to interpret complex data.
  • Prepare detailed documentation of model methodologies, assumptions, and limitations.

Required Qualifications, Capabilities, and Skills: 

  • Master's or doctoral degree in a quantitative field, such as Mathematics, Statistics, Economics, Finance, or Engineering.
  • 4+ years of experience in developing and implementing quantitative models in a financial, business, and/or post-baccalaureate academic research setting.
  • Strong understanding of statistical and mathematical modeling and testing techniques.
  • Strong understanding of standard statistical and mathematical modeling tools, e.g., Python, SAS, and Excel.
  • Strong problem-solving skills and the ability to work with complex cross-sectional and longitudinal datasets.
  • Ability to interpret and communicate quantitative results to non-technical stakeholders.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

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