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Salary and Benefits

Quantitative Trader
$90K-$110K / yr. (est.)
$91K
$100,811 / year
$111K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Quantitative Trader

What does a Quantitative Trader do?

Working as Quantitative Traders, our primary responsibility is to understand the technical infrastructure needs of the customer. We deploy profitable trading strategies for the enhancement of future markets. We improve the existing trading strategies and aim to contribute new converting ideas in the existing quantitative models. Functioning as Quantitative Traders, we generate new ideas for the trading opportunities and improving the product insights by scaling and overseeing the risk management. We implement the trading signals on the portfolio construction as well.

Core tasks:

  • improving the current strategies
  • finding out new trading procedures
  • managing the issues of products
  • contributing our trading expertise

Insights

How Many Years of Experience Do Professionals Need Before Becoming Quantitative Trader?
On average, people work 5-7 years in other positions prior to becoming a Quantitative Trader.
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Quantitative TraderPhoenix, AZ - A year ago
👏 Finally, some validation! I've been working in different positions for a while now and it's good to know it could help me become a Quantitative Trader someday.
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Quantitative TraderPhiladelphia, PA - A year ago
😡 Are you telling me I have to waste another 5-7 years in some other job just to become a Quantitative Trader? This is ridiculous!
How Long Do Quantitative Trader Employees Typically Stay in Their Roles?
On average, Quantitative Traders works in this position for 3-5 years across multiple employers.
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Assistant Professor OF EconomicsBoston, MA - A year ago
Having taught many aspiring Quantitative Traders, I can tell you that three to five years serves as a solid foundation to embark on various career trajectories within the finance industry.
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Private BankerLos Angeles, CA - A year ago
So, in three to five years they've gained enough experience to move on, but what's next? As an Investment Banker, I need to evaluate their long-term potential for my firm.
What Is the Job Hopper Score for Quantitative Trader Employees?
Moderate job changes in Quantitative Trader, showing some career movement without excessive turnover.
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Financial AnalystHouston, TX - A year ago
I'm skeptical of these stats. I know colleagues who've been stuck in the same position for years. Where do they fall in this so-called 'moderate job changes'?
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Risk ManagerWashington, D.C. - A year ago
As a risk manager, I consider job stability as a core principle. Seeing moderate career movement for quantitative traders aligns with our goals of managing risks effectively!

Career path

Path to job

Discover a Quantitative Trader's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Quantitative Trader typically studied at.
Carnegie Mellon University
Columbia University in the City of New York

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Quantitative Trader Employees?
Gender ratio in Quantitative Trader position: 0.860218140068886 Male and 0.139781859931114 Female. Age ratio in Quantitative Trader position: 16-20: 4%, 21-30: 68%, 31-40: 22%, 41-50: 5%, 51-60: 1%, 60+: 0%. Quantitative Trader position is predominantly male (86.0%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Quantitative TraderMiami, FL - A year ago
I think it's great to see that the highest percentage falls within the 21-30 age group. It shows how young professionals are excelling in this field. 💪
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Quantitative TraderSan Francisco, CA - A year ago
Let's not forget that diversity goes beyond gender. We should also focus on racial and ethnic diversity within the finance industry. ✊

Workplaces

Who Are the Top Employers for Quantitative Trader?
Top employers of Quantitative Trader position: Bank of America, Jump Trading, Tower Research Capital LLC. People who work in Quantitative Trader position most typically go on to work for the Bank of America.
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Quantitative TraderBoston, MA - A year ago
Bank of America may have a bigger name, but Jump Trading has the real cutting-edge technology!
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Quantitative TraderHouston, TX - A year ago
Tower Research Capital LLC? They can't compare to the prestige of Bank of America!
Bank of America
Jump Trading
Tower Research Capital LLC
What Industries Does Quantitative Trader Typically Have Experience In?
Industry Background: The most typical industries of Quantitative Trader: Finance & Insurance, Mining / Oil & Gas, Information Technology, Professional / Scientific / Technical, Retail. Quantitative Trader employees most likely come from a Finance & Insurance industry background.
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Quantitative TraderHouston, TX - A year ago
Don't hate on us oil & gas folks turned traders. We know how to spot trends and make calculated risks. It's a tough industry, don't belittle it! ⛽
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Quantitative TraderMiami, FL - A year ago
Seems like everyone in finance is just out to make a quick buck, with no regard for the consequences. How about some ethical responsibility for once? 😡

Find your job as Quantitative Trader

Discussion about Quantitative Trader

Want to know more about Quantitative Trader position?
Share your thoughts and ideas about Quantitative Trader position with others in our community.
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What is the women/men ratio in the job of Quantitative Trader?
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Benjamin Gardner4 years ago
More men than women work as a Quantitative Trader.
What is the typical age to work as a Quantitative Trader?
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Sophie Hayes4 years ago
28 is the average age of people working as a Quantitative Trader.
Do I need a lot of experience to be a Quantitative Trader?
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Isabella Holmes4 years ago
You should work for 6 years on average to become a Quantitative Trader.
Which industries have a lot of people working in Quantitative Trader roles?
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Sophie Hayes4 years ago
For a Quantitative Trader it’s the most likely to work in the Finance & Insurance.
Is a higher education needed as a Quantitative Trader?
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Sophie Hayes4 years ago
You should be fine with a Bachelor of Science degree
Where are you working as a Quantitative Trader?
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Isabella Holmes4 years ago
Most people work for Bank of America, Jump Trading, Tower Research Capital LLC and TransMarket Group
How many years do people spend as a Quantitative Trader in their career path?
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Sophie Hayes4 years ago
You should work for 4 years before considering changing to another role.
Is it common for people to switch companies and still work as a Quantitative Trader?
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Sophie Hayes4 years ago
A typical Quantitative Trader might work for one or two companies.
What occupations do people usually work in before becoming a Quantitative Trader?
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Sophie Hayes4 years ago
A Quantitative Trader probably worked as Trader, Quantitative Analyst or Quantitative Researcher before
What are the typical next steps for someone working as a Quantitative Trader?
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Sophie Hayes4 years ago
Working as Quantitative Trader consider Trader, Vice President or Quantitative Analyst as a next step in your career.
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Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.