What does a Quantitative Developer do?
Quantitative developers are software developers and engineers who provide technological tools, systems. and solutions for investment banks and financial services firms. They develop infrastructures that serve as the foundation upon which advisors can access data used to manage investment accounts and service clients. They write code to develop programs for live trading and simulation models. They create libraries and other systems to manage and organize data sets, ensuring they are capable of managing large volumes of information efficiently. They may also implement and oversee data analytics systems for evaluating metrics.
Quantitative developers typically have a bachelor’s degree in computer science, engineering, or another technical field. They commonly have a background in software programming and development roles. They should be experienced with coding and programming, and have proficiency in common programming languages.
Quantitative Developer Salaries
Average Base Pay
Quantitative Developer Career Path
Learn how to become a Quantitative Developer, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Quantitative Developer Insights
“Pay is not the best”
“Not the best salaries compared to the market”
“Not the best salaries when compared to other banks”
“pretty good work life balance”
“Ownership of projects”
“Good stock performance relative to peers.”
“Pay is inferior to the industry average.”
“Good projects and good experience”
Quantitative Developer Interviews
Quantitative Developer jobs
Frequently asked questions about the role and responsibilities of a quantitative developer
When working as a quantitative developer, the most common skills you will need to perform your job and for career success are Python SAS, Quant, Derivatives, SCIKIT-LEARN and Statistics.
- Quantitative Analyst
- Portfolio Manager
- Quantitative Researcher
The most common qualifications to become a quantitative developer is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.