As the Quantitative Valuation Analyst , you analyze business information and trends to inform or make strategic and/or trading decisions. You support efforts to improve pricing and valuation ...
As the Quantitative Valuation Analyst , you analyze business information and trends to inform or make strategic and/or trading decisions. You support efforts to improve pricing and valuation ...
... trading decisions.You support efforts to improve pricing and valuation strategies related to the MSR asset. About therole * Develop and maintain quantitative/analytic models or tools that estimate ...
... trading decisions.You support efforts to improve pricing and valuation strategies related to the MSR asset. About therole * Develop and maintain quantitative/analytic models or tools that estimate ...
Capital Markets Head Trader
Troy, MI · On-site
Medical
Dental
Vision
Retirement
PTO
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.
Quick apply
Capital Markets Head Trader
Troy, MI · On-site
Medical
Dental
Vision
Retirement
PTO
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.
About Us We're a fast-growing startup in specialized alternative markets, building smart operations from the ground up. Our team is small, scrappy, and collaborative, and we thrive on solving tough ...
About Us We're a fast-growing startup in specialized alternative markets, building smart operations from the ground up. Our team is small, scrappy, and collaborative, and we thrive on solving tough ...
About Us We're a fast-growing startup in specialized alternative markets, building smart operations from the ground up. Our team is small, scrappy, and collaborative, and we thrive on solving tough ...
Quick apply
About Us We're a fast-growing startup in specialized alternative markets, building smart operations from the ground up. Our team is small, scrappy, and collaborative, and we thrive on solving tough ...
About Us We're a fast-growing startup in specialized alternative markets, building smart operations from the ground up. Our team is small, scrappy, and collaborative, and we thrive on solving tough ...
Quick apply
About Us We're a fast-growing startup in specialized alternative markets, building smart operations from the ground up. Our team is small, scrappy, and collaborative, and we thrive on solving tough ...
About Us We're a fast-growing startup in specialized alternative markets, building smart operations from the ground up. Our team is small, scrappy, and collaborative, and we thrive on solving tough ...
About Us We're a fast-growing startup in specialized alternative markets, building smart operations from the ground up. Our team is small, scrappy, and collaborative, and we thrive on solving tough ...
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 ...
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 ...
Software Engineer
Detroit, MI · On-site
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 ...
Software Engineer
Detroit, MI · On-site
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 ...
Director North America Insurance Markets
Grand Rapids, MI · Hybrid
$225K - $300K/yr
Medical
Dental
Vision
Life
Retirement
PTO
... quantitative views of carrier performance. * Management and expansion of US Markets team ... Fostering trading relationships with key carrier partners. * Promoting the restructuring of carrier ...
Director North America Insurance Markets
Grand Rapids, MI · Hybrid
$225K - $300K/yr
Medical
Dental
Vision
Life
Retirement
PTO
... quantitative views of carrier performance. * Management and expansion of US Markets team ... Fostering trading relationships with key carrier partners. * Promoting the restructuring of carrier ...
Director North America Insurance Markets
Grand Rapids, MI · On-site
$225K - $300K/yr
Medical
Dental
Vision
Life
Retirement
PTO
... quantitative views of carrier performance. * Management and expansion of US Markets team ... Fostering trading relationships with key carrier partners. * Promoting the restructuring of carrier ...
Director North America Insurance Markets
Grand Rapids, MI · On-site
$225K - $300K/yr
Medical
Dental
Vision
Life
Retirement
PTO
... quantitative views of carrier performance. * Management and expansion of US Markets team ... Fostering trading relationships with key carrier partners. * Promoting the restructuring of carrier ...
Director North America Insurance Markets
Grand Rapids, MI · Hybrid
$225K - $300K/yr
Medical
Dental
Vision
Life
Retirement
PTO
... quantitative views of carrier performance. * Management and expansion of US Markets team ... Fostering trading relationships with key carrier partners. * Promoting the restructuring of carrier ...
Director North America Insurance Markets
Grand Rapids, MI · Hybrid
$225K - $300K/yr
Medical
Dental
Vision
Life
Retirement
PTO
... quantitative views of carrier performance. * Management and expansion of US Markets team ... Fostering trading relationships with key carrier partners. * Promoting the restructuring of carrier ...
Sales Account Manager (ID# 675)
Livonia, MI · On-site
Medical
Dental
Vision
Life
Retirement
PTO
Represent Our Client at trade shows, industry events, and client meetings This role is ideal for ... Report quantitative data from marketing efforts to leadership Collaboration & Customer Satisfaction
Sales Account Manager (ID# 675)
Livonia, MI · On-site
Medical
Dental
Vision
Life
Retirement
PTO
Represent Our Client at trade shows, industry events, and client meetings This role is ideal for ... Report quantitative data from marketing efforts to leadership Collaboration & Customer Satisfaction
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Sales Account Manager
Byron Center, 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 ...
Sales Account Manager
Byron Center, 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 ...
Sales Account Manager
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 ...
Sales Account Manager
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 ...
Sales Account Manager
Okemos, 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 ...
Sales Account Manager
Okemos, 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 ...
Senior Strategist
Birmingham, MI · On-site
... quantitative data from all available sources to provide strategic implications and creative ... trading platforms, identifying those with benefit, scaling the opportunity and helping advise on ...
Senior Strategist
Birmingham, MI · On-site
... quantitative data from all available sources to provide strategic implications and creative ... trading platforms, identifying those with benefit, scaling the opportunity and helping advise on ...
Quantitative Trader information
See Michigan salary details
$33.5K is the 25th percentile. Wages below this are outliers.
$27K - $36.1K
35% of jobs
$36.1K - $45.2K
0% of jobs
$45.2K - $54.4K
0% of jobs
$54.4K - $63.5K
0% of jobs
$63.5K - $72.6K
0% of jobs
$72.6K - $81.7K
0% of jobs
$81.7K - $90.8K
9% of jobs
The median wage is $92.5K / yr.
$90.8K - $99.9K
29% of jobs
$101.1K is the 75th percentile. Wages above this are outliers.
$99.9K - $109K
10% of jobs
$109K - $118.1K
8% of jobs
$118.1K - $127.3K
8% of jobs
$27K
$78.9K
$127.3K
How much do quantitative trader jobs pay per year?
What does a quantitative trader do?
What is a quantitative trader?
A Quantitative Trader is a finance professional who uses mathematical models, statistical analysis, and algorithmic strategies to identify and execute trading opportunities. They work with large datasets to develop automated trading strategies that capitalize on market inefficiencies. Quantitative Traders often collaborate with developers and researchers to optimize their models and reduce risk. Positions are typically found at hedge funds, proprietary trading firms, and investment banks. Strong programming, analytical, and risk management skills are essential for success in this role.
What are some common challenges quantitative traders face in their day-to-day work?
Quantitative Traders often encounter rapidly changing market conditions that require swift analytical decisions and the ability to adjust strategies on short notice. They work with large sets of financial data, which demands both technical expertise to interpret trends and creativity to develop effective trading algorithms. Collaboration with developers, researchers, and other traders is frequent to refine models and address technological or strategic challenges. Adapting to evolving regulatory requirements and managing risk exposure are also key parts of the role. Successfully navigating these challenges is essential for maximizing trading performance and maintaining a competitive edge.
What are the key skills and qualifications needed to thrive as a quantitative trader?
To thrive as a Quantitative Trader, you need strong mathematical, analytical, and programming skills, typically supported by a degree in mathematics, finance, engineering, or computer science. Expertise with statistical software, programming languages such as Python or C++, and familiarity with automated trading systems or financial modeling tools is highly valuable. Exceptional problem-solving ability, attention to detail, and quick decision-making are crucial soft skills in this fast-paced role. These competencies enable traders to develop data-driven strategies, manage risk effectively, and adapt rapidly to market changes for consistent profitability.

Rocket Mortgage rating
8.4
Based on 59 frontline employees who took The Breakroom Quiz
30th of 150 rated financial services
Job description
About the role
- Develop and maintain quantitative/analytic models or tools that estimate the changes in value of various mortgage assets
- Design and implement improvements to current reporting and/or database structures
- Analyze and summarize data, identify trends and concerns and recommend actions as necessary
- Create and publish daily team reports based on findings
- Develop and review assumptions used in MSR cash flow valuation
- Analyze daily MSR risk and P&L reports to ensure MSR hedges are performing as expected
About you
Minimum Qualifications
- 2 years of experience in trading, reporting or financial analysis
- Bachelor's degree in finance, math, computer science, a related field or equivalent experience
- Advanced experience with Microsoft Excel, including but not limited to, ability to utilize formulas, pivot tables, graphs and charts
- Knowledge of mortgage process and mortgage capital markets activities
- Advanced knowledge of mortgage cash flow modeling concepts
Preferred Qualifications
- Advanced experience with financial analysis and reporting
- Advanced knowledge of Excel Modeling
- Proficiency with SQL
- Knowledge of MSR valuation concepts, including prepayments and defaults
What you'll get
Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We've got your back. Check out our full list of Benefits and Perks.
About us
Rocket Mortgage® was founded in 1985. Today, we're a Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools and resources empower our clients to achieve their homeownership dreams. We're known as experts in the mortgage industry, but we're also innovators - we strive to create the best experiences for our clients from beginning to end. And we're not your typical employer. We're insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.
This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the company at any time. Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. The company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws. Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team, at Careers@Rocket.com.
What Rocket Mortgage employees say
Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
About Rocket Mortgage
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Detroit, MI, US
Year founded
1985