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Salaried Quant Jobs (NOW HIRING)

Fidelity Investments

Principal Quant Developer

Pelham, NH · Hybrid

$107K - $216K/yr

The Role We are seeking a Principal Quant Developer to join our Quantitative Research & Investments ... Base salary is only part of the total compensation package. Depending on the position and ...

Fidelity Investments

Principal Quant Developer

Boston, MA · On-site +1

$107K - $216K/yr

The Role Principal Quantitative Developer is a core software engineering role in our dynamic, fast ... Base salary is only part of the total compensation package. Depending on the position and ...

3Red Partners

Quant

Chicago, IL · On-site

$150K - $250K/yr

The Quant will have the opportunity to work in one of our offices focusing on expanding and ... In addition to a base salary, we offer performance-based bonuses, reflecting our commitment to ...

Fidelity Investments

Principal Quant Developer

Newark, NJ · Hybrid

$107K - $216K/yr

The Role We are seeking a Principal Quant Developer to join our Quantitative Research & Investments ... Base salary is only part of the total compensation package. Depending on the position and ...

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$169.7K

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How much do salaried quant jobs pay per year?

As of Jun 10, 2026, the average yearly pay for salaried 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 are the key skills and qualifications needed to thrive as a Salaried Quant, and why are they important?

To thrive as a Salaried Quant, you need strong quantitative skills, advanced knowledge of mathematics and statistics, and typically a degree in a field like mathematics, physics, engineering, or finance. Expertise in programming languages such as Python, R, C++, and familiarity with financial modeling tools and data analysis systems is essential. Attention to detail, problem-solving abilities, and effective communication are standout soft skills in this role. These competencies are crucial for developing accurate financial models, interpreting complex data, and collaborating with colleagues to drive profitable decision-making in quantitative finance environments.

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

Salaried quantitative analysts, or quants, in finance can earn $1,000,000 or more annually through base salary, bonuses, and profit sharing, especially at senior levels or in hedge funds and investment banks. High-level roles often require advanced degrees, strong programming skills, and experience in quantitative modeling and risk management.

What is the difference between Salaried Quant vs Quant Analyst?

AspectSalaried QuantQuant Analyst
CredentialsTypically requires a master's or PhD in finance, mathematics, or related fieldsSimilar educational background, often with advanced degrees
Work EnvironmentUsually employed by financial institutions, hedge funds, or asset managersWorks in investment firms, banks, or hedge funds, often in team settings
Job FocusDevelops quantitative models, risk management, and algorithmic trading strategiesAnalyzes data, tests models, and supports trading decisions

Both Salaried Quants and Quant Analysts share similar educational backgrounds and work environments, focusing on quantitative modeling and data analysis in finance. The main difference lies in job scope: Salaried Quants often develop and implement complex models, while Quant Analysts primarily analyze data and support trading strategies. Both roles are integral to financial firms' quantitative teams.

How much does a quant make starting salary?

A salaried quant typically earns a starting salary between $100,000 and $150,000 annually, depending on the firm, location, and level of experience. Compensation often includes bonuses and benefits, with higher salaries available at top-tier financial institutions or hedge funds. Strong quantitative skills and programming proficiency are essential for these roles.

What is a salaried quant?

A salaried quant, short for quantitative analyst, is a finance professional who uses mathematical models and statistical techniques to analyze financial data, assess risks, and develop trading or investment strategies. Unlike contract or freelance quants, salaried quants are employed full-time by financial institutions such as banks, hedge funds, or asset management firms and receive a regular salary with benefits. Their work often involves programming, data analysis, and collaborating with traders or portfolio managers. Salaried quants play a vital role in helping firms make data-driven decisions and maintain a competitive edge in the market.

What are some common challenges faced by salaried quants when working with large datasets in a fast-paced finance environment?

Salaried quants often encounter challenges such as ensuring data integrity, handling incomplete or inconsistent data, and optimizing code for high-frequency analysis. In fast-paced finance environments, quick turnaround times are expected, making it crucial to efficiently process and analyze vast amounts of data while minimizing errors. Collaboration with IT, traders, and other analysts is key to overcoming these obstacles and ensuring models are both accurate and actionable. Staying updated on the latest analytical tools and techniques can also help address these challenges and enhance overall effectiveness.

What professions make $500,000 a year?

Salaried quantitative analysts, or quants, in finance and hedge funds can earn $500,000 or more annually, especially with experience, advanced degrees, and performance bonuses. High-level roles in investment banking, private equity, and executive positions in certain industries may also reach or exceed this income level.

What job makes $10,000 a month without a degree?

A salaried quant, or quantitative analyst, can earn $10,000 or more per month through expertise in mathematics, programming, and financial modeling. These roles often require strong skills in programming languages like Python or C++, and experience with data analysis and trading strategies, but typically do not require a formal college degree if the candidate has relevant skills and experience.
More about Salaried Quant jobs
What cities are hiring for Salaried Quant jobs? Cities with the most Salaried Quant job openings:
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Salaried Quant jobs near you
Infographic showing various Salaried Quant job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $169,729 per year, or $81.6 per hour.

Principal Quant Developer

Fidelity Investments

Cranston, RI • Hybrid

$107K - $216K/yr

Other

Medical, Retirement, PTO

Posted 17 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.

Certifications:Category:Information Technology

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