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Quantitative Portfolio Manager Jobs in Texas (NOW HIRING)

Senior Portfolio Manager

Houston, TX · On-site

$140 - $190/hr

Role Description: The Senior Portfolio Manager is a full-time, on-site role based in Greater ... Strong analytical skills, including quantitative analysis, risk assessment, and data-driven ...

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Portfolio Manager

El Paso, TX · On-site

$56K - $92K/yr

Manage portfolio performance activities, including monitoring high-risk loans, overseeing ... Strong analytical, math and auditing skills with willingness to use qualitative and quantitative ...

Portfolio Manager

El Paso, TX · On-site

$85 - $120/hr

Manage portfolio performance activities, including monitoring high-risk loans, overseeing ... Strong analytical, math and auditing skills with willingness to use qualitative and quantitative ...

Quant Research Analyst

Austin, TX · On-site

$120K - $150K/yr

Permanent Quant Research Analyst (Houston) Anson McCade are working with a Portfolio Manager based in Austin, Texas, who is running a mid-frequency equity team covering Stat Arb trading. They are ...

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Quantitative Portfolio Manager information

See Texas salary details

$34.5K

$93.6K

$174.7K

How much do quantitative portfolio manager jobs pay per year?

As of Aug 31, 2026, the average yearly pay for quantitative portfolio manager in Texas is $93,592.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $121,100.00 per year, depending on experience, location, and employer.

What is a quantitative portfolio manager?

A Quantitative Portfolio Manager is a finance professional who uses mathematical models and statistical techniques to construct and manage investment portfolios. They analyze large sets of financial data to identify patterns, assess risk, and make informed investment decisions. Their strategies often involve algorithmic trading and systematic approaches, as opposed to relying solely on traditional fundamental analysis. Quantitative Portfolio Managers typically work in hedge funds, asset management firms, and investment banks, focusing on maximizing returns while managing risk.

What are the key skills and qualifications needed to thrive as a quantitative portfolio manager?

To thrive as a Quantitative Portfolio Manager, you need strong analytical skills, advanced knowledge of financial markets, and a background in mathematics, statistics, or a related quantitative field, often supported by a graduate degree such as an MSc or PhD. Proficiency in programming languages like Python, R, or MATLAB, as well as experience with portfolio management systems and risk modeling tools, is typically required. Excellent problem-solving abilities, attention to detail, and effective communication skills help you present complex ideas and collaborate with teams. These skills are crucial for developing and implementing data-driven investment strategies that optimize returns while managing risk.

How does a quantitative portfolio manager typically collaborate with data scientists and software engineers on investment strategies?

Quantitative Portfolio Managers frequently work in cross-disciplinary teams alongside data scientists and software engineers to develop, backtest, and implement investment models. Collaboration often involves translating investment ideas into quantitative strategies, refining algorithms based on research, and ensuring robust, efficient code for live trading. Effective communication is key, as portfolio managers must clearly articulate their objectives and constraints while integrating complex technical input. This teamwork fosters innovation and allows for rapid iteration and deployment of strategies.

What is the difference between Quantitative Portfolio Manager vs Quantitative Analyst?

AspectQuantitative Portfolio ManagerQuantitative Analyst
Primary RoleOversees investment portfolios using quantitative models to make trading decisionsDevelops and tests quantitative models to analyze financial data
Required CredentialsAdvanced degrees (Master's/PhD), certifications like CFA or CQF often preferredTypically holds a Master's or PhD in finance, mathematics, or related fields
Work EnvironmentAsset management firms, hedge funds, or investment banksFinancial institutions, research firms, or asset managers
FocusPortfolio performance and risk managementModel development and data analysis

While both roles require strong quantitative skills and similar educational backgrounds, Quantitative Portfolio Managers focus on managing investment portfolios and making strategic trading decisions, whereas Quantitative Analysts primarily develop models and analyze data to support investment strategies.

What are popular job titles related to Quantitative Portfolio Manager jobs in Texas?

For Quantitative Portfolio Manager jobs in Texas, the most frequently searched job titles are:

What job categories do people searching Quantitative Portfolio Manager jobs in Texas look for?

The top searched job categories for Quantitative Portfolio Manager jobs in Texas are:

What cities in Texas are hiring for Quantitative Portfolio Manager jobs?

Cities in Texas with the most Quantitative Portfolio Manager job openings:

Infographic showing various Quantitative Portfolio Manager job openings in Texas as of August 2026, with employment types broken down into 89% Full Time, 10% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $93,592 per year, or $45 per hour.

Portfolio Manager/Associate Portfolio Manager

State Farm

Richardson, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 29 days ago


State Farm rating

7.3

Company rating: 7.3 out of 10

Based on 1,561 frontline employees who took The Breakroom Quiz

235th of 315 rated insurance


Job description

Overview
State Farm Investment Planning Services (IPS) team is expanding and is seeking a Portfolio Manager/Associate Portfolio Manager in its State Farm Investment Management unit (SFIM). Reporting to the head of State Farm Investment Management (SFIM), you will lead quantitative research and asset allocation analysis for State Farm's Advisory model portfolios. You will employ a proactive data-focused approach to investment research, capital markets analysis and portfolio management to help the team formulate investment themes and asset allocation positioning (i.e. strategic and tactical), during the entire lifecycle of model portfolio management. In this position, you will also lead in the formation of investment outlook, content and advisor/agent education; participating the due diligence and fiduciary oversight responsibilities of various IPS investment/product platforms; creating and establishing State Farm's footprint and point-of-view on investing for State Farm agents and retail customers. Additionally, you will collaborate with other SFIM colleagues, as well as members of IPS teams across the organization in the execution of various research projects. Some travel to SF Agent offices/customer mandates and conferences nationwide may be required for this role. When not traveling, this person will work a hybrid schedule from State Farm's Dallas/Richardson, TX office.
Being good neighbors - helping people, investing in our communities, and making the world a better place - is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good!
Responsibilities
As a Portfolio Manager/Associate Portfolio Manager you will:
  • Lead the work of modeling and forecasting of Capital Market Assumptions (CMAs), including literature review of current academic and practitioner whitepapers.
  • Lead the development and maintenance of the Strategic Asset Allocation (SAA) for State Farm Advisory Model Portfolios, including research on portfolio optimization, Monte Carlo simulation, factor modeling, return/risk attribution, and current market conditions.
  • Lead the team's proprietary Manager Research and Selection (MR&S) process for Exchange-Traded Funds and Mutual Fund Investment strategies. Manage fund external relationships, attend and summarize quarterly manager calls.
  • Direct the ongoing Portfolio Management by using State Farms investment models, systems and software (i.e. proprietary and 3rd party).
  • Participate in the management of State Farm Model Portfolios. Lead in the generation and maintenance of SFIM investment reports, data sets, performance reporting (i.e. SF models) and broader analytical infrastructure.
  • Develop and execute model portfolio trading and rebalancing rules across State Farm's suite of Advisory model portfolios and provide on-going oversight of the process/execution.
  • Formulates investment outlook, content and advisor/agent education; creating and establishing State Farm's footprint and point-of-view on investing for SF agents and retail customers. Collaborates with team members and internal IPS departments to execute SFIM & IPS publications and collaterals on a periodic (i.e. weekly, monthly, quarterly).
  • Serves as the team's subject matter resource on investment models, systems and software (i.e. proprietary and 3rd party)
  • Ability to manage a team of investment professionals (if assigned). Providing general guidance to junior team members on various projects.

Qualifications
Candidates may be considered for either the Associate Portfolio Manager level or the Portfolio Manager level; leveling is determined throughout the interview process.
  • Bachelor's degree or higher, with a completed Bachelor's degree preferred
  • 8+ years of experience in asset management and/or wealth management, focusing on asset allocation, portfolio management, or research
  • 6+ years of direct experience in multi-asset portfolio management, asset allocation, and/or quantitative investment research
  • 6+ years of experience in investment strategy/manager due diligence, open architecture, and oversight of traditional and alternative investment strategies
  • Proficient knowledge and direct experience in at least three of the following areas: strategic/tactical asset allocation formation, capital market assumption development, portfolio optimization methods, factor risk/return modeling, and Monte Carlo simulation. Knowledge of insurance products/industry is a plus.
  • Strong understanding of multi-asset class investing, with hands-on experience and expertise in both top-down and bottom-up investment analysis, including primary research and assessment of third-party analysis.
  • Detailed knowledge of securities, such as stocks, bonds, mutual funds, ETFs, SMAs, alternative investments, and options strategies.
  • Solid understanding of the investment advisory business, including different advisory program types.
  • Previous experience working directly with clients, with strong presentation and writing skills.
  • Self-motivated individual who takes ownership of initiatives and thrives in a dynamic team environment.
  • Progress towards or completion of the CFA charter or a comparable designation.
  • May need to obtain FINRA Series 7 and Series 66, post-hire or in the future.

Preferred Qualifications
  • Master's degree in finance, economics, mathematics, financial engineering or a related quantitative field is preferred.
  • 5+ years of direct experience with third-party investment and risk management systems/tools. (i.e. MSCI Barra, Bloomberg, Morningstar Direct, etc).
  • Programming skills desirable: C++, Python, Matlab, etc. Proven ability to develop complex data models in Excel preferred.

HYBRID: Qualified candidates should plan to spend time working from home and some time working in the office (Tuesday, Wednesday, Thursday) as part of our hybrid work environment.
HUB LOCATION: Dallas/Richardson, TX - Cityline
SPONSORSHIP: Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity
Potential salary range: $133,500 to $217,000 + Potential yearly incentive pay up to 30% or 40% of base salary
Competitive benefits, including:
  • 401k Plan
  • Health Insurance
  • Dental/Vision plans
  • Life Insurance
  • Paid Time Off
  • Annual Merit Increases
  • Tuition Reimbursement
  • Health Initiatives

Our Benefits
At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!
  • Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
  • Stay Well! Focus on you and your family's health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
  • Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
  • Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union!
  • Take a Little "You" Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
  • Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
  • Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.

Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!

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