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Quantitative Trading Jobs (NOW HIRING)

Dime Line Trading

Quantitative Trader

Chicago, IL

We are seeking a Quantitative Trader to join our Chicago office. This role focuses on leading ... This individual will play a meaningful role in driving trading performance through research ...

Quanta Search

Quantitative Trader

Chicago, IL · On-site

Our client is a diversified trading firm with over 3 decades of experience bringing sophisticated ... The team is responsible for the complete lifecycle of quantitative investment process, research ...

Tower Research Capital

$120K - $200K/yr

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track ...

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How much do quantitative trading jobs pay per year?

As of Jun 13, 2026, the average yearly pay for quantitative trading 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 are the key skills and qualifications needed to thrive as a Quantitative Trader, and why are they important?

To thrive as a Quantitative Trader, you need a strong background in mathematics, statistics, and financial theory, typically supported by a degree in a quantitative field such as mathematics, physics, computer science, or engineering. Expertise in programming languages like Python, C++, and R, as well as familiarity with trading platforms and statistical analysis tools, is essential. Critical thinking, attention to detail, and the ability to work under pressure are standout soft skills in this role. These skills are crucial for developing, testing, and executing profitable trading strategies in fast-moving financial markets.

How much do quantitative traders make?

Quantitative 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 jobs make $1,000,000 a year?

In quantitative trading, some senior traders, hedge fund managers, and algorithmic trading professionals can earn $1,000,000 or more annually through base salary, bonuses, and profit sharing. Success in these roles typically requires advanced quantitative skills, experience, and a strong understanding of financial markets and trading strategies.

What is the difference between Quantitative Trading vs Quantitative Research?

AspectQuantitative TradingQuantitative Research
Primary FocusDeveloping and executing trading strategies to generate profitsCreating models and theories to understand markets and inform trading
Work EnvironmentFast-paced, real-time decision making in trading firms or hedge fundsResearch-oriented, often academic or laboratory setting
Required CredentialsStrong quantitative skills, programming, finance knowledge; often degrees in math, finance, or engineeringAdvanced degrees (Masters/PhD) in math, physics, or related fields; research experience

Quantitative Trading focuses on applying quantitative models to make trading decisions and generate profits in real-time markets. Quantitative Research emphasizes developing and testing models to understand market behavior, often serving as a foundation for trading strategies. While both roles require strong quantitative skills and programming, trading roles are more execution-focused, whereas research roles are more theoretical and exploratory.

What is a quantitative trading job?

A quantitative trading job involves developing and implementing trading strategies using mathematical models, statistical analysis, and programming skills. Professionals in this role often work with large datasets, employ tools like Python or R, and analyze market data to identify trading opportunities in financial markets.

What is quantitative trading?

Quantitative trading refers to the use of mathematical models, algorithms, and statistical techniques to identify and execute trading opportunities in financial markets. Quantitative traders, often called 'quants,' analyze large datasets to develop strategies that can be automated for buying and selling securities. This approach relies heavily on computer programming, data analysis, and financial theory to make systematic, data-driven trading decisions. Quantitative trading is commonly used by hedge funds, investment banks, and proprietary trading firms to gain an edge in the markets.

How does a quantitative trader typically collaborate with software engineers and data scientists within a trading firm?

Quantitative traders work closely with software engineers and data scientists to develop, test, and optimize trading algorithms. Traders often define the strategy and specify the data requirements, while engineers build and maintain the trading infrastructure, and data scientists assist with advanced statistical analysis and machine learning models. Effective communication and a collaborative approach are crucial, as these teams must integrate their expertise to ensure strategies are both profitable and technically robust. Regular meetings, code reviews, and joint problem-solving sessions are common practices in this collaborative environment.

What jobs pay $500,000 a year in the US?

In quantitative trading, senior roles such as hedge fund traders, portfolio managers, and quant strategists can earn $500,000 or more annually through base salary, bonuses, and profit sharing. These positions typically require advanced degrees, strong analytical skills, and experience with programming, financial modeling, and risk management. Compensation varies based on performance, firm size, and market conditions.
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Quantitative Trading jobs near you
Quantitative Trading & Research - eTrading - Executive Director

Quantitative Trading & Research - eTrading - Executive Director

JP Morgan Chase

Manhattan, NY • On-site

Full-time

Medical, Retirement

Posted 7 days ago

JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 469 frontline employees who took The Breakroom Quiz

46th of 141 rated banks

Job description

The Quantitative Trading & Research (QTR) Team design and implement trading platforms to integrate client solutions across various functions. This team contributes to the design and implementation of the algorithmic trading platforms where they integrate quantitative research and data analytics for client solutions across various functions in eTrading. 

Our team partners with the electronic trading desk and technology teams to develop sophisticated mathematical models, cutting-edge methodologies and infrastructure to improve the performance of algorithmic trading strategies and promote advanced electronic solutions to our clients worldwide. The Quantitative Researcher function within the QR eTrading team works closely with other quant researchers, the algo development team and the product team to deliver global solutions for our clients.

Job Summary

As an Executive Director in the QR eTrading team, you will contribute to the design and implementation of the algorithmic trading platform, integrating quantitative research, data analytics, and client solutions across various functions within eTrading. You will apply optimization techniques to enhance trade scheduling for both single stocks and portfolio trading in the algo engine. Collaborating with researchers in the QR team and working closely with the electronic trading product and algo development technology teams, you will have the opportunity to guide and shape the direction of the platform.

Job Responsibilities               

  • Solve and implement numerical algorithms that address the optimization challenges in trade scheduling for multi-period single stock and portfolio products

  • Build robust algorithms within the production platform which will involve collaborating closely with our technology partners to integrate and deliver optimization solutions within the algo trading engine

  • Support diagnosis of trading decisions by explaining model and algorithm behavior, conducting scenario analyses, and developing quantitative tools and data analytics. 

  • Validate production implementations for fidelity with the original research specifications. 

  • Collaborate with quant researchers and trading desks to refine models and strategies that enhance our trading performance

  • Work closely with the product team and trading desks to design and build client centric solutions

Required qualifications, capabilities, and skills

  • Masters in STEM subject such as computer science, engineering, mathematics/statistics, physics

  • 8 years of experience in position(s) with similar responsibilities/technologies/business area

  • Experience with optimization techniques relevant to trading strategies

  • Experience coding in Java or C++

  • Experience working on algorithmic trading platform

  • Strong analytical, quantitative, and problem-solving skills

  • Strong written and verbal communication skills, with the ability to communicate well with business users and technology teams

Preferred qualifications, capabilities, and skills

  • Preferred PhD in STEM subject or independent research experience

  • 10+ years preferred experience in position(s) with similar responsibilities/technologies area 

  • Experience with stochastic control, stochastic/numerical optimization techniques relevant to single stock or portfolio trading strategies

  • Experience with writing production grade implementations for trading systems in Java/C++

  • Experience with Python, AWS and/or other database/data processing technologies

  • Experience with q/kdb or similar 

  • Knowledge of cash equity markets and microstructure

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's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

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