Quant trader salary reddit Remember that for 10-20% of PNL cut you are paying your team's base + other OpEx out of pod's PNL. 212K subscribers in the csMajors community. MembersOnline • vorttxt Compensation data for quantitative traders, researchers, and developers. He was doing fundamental trading and nothing quant related. com), except for new grad offers as I figured that recruiting season is mostly over by now. Especially for the UK. What can the average summer intern earn whether it be in quant trading, analysis, research etc. Reply reply greygray • I see more and more ads for commodity traders and when I looked at the job description, they looked quite similar to equity traders, for me at least. it’s a great wlb comparatively. Pretty small dev team, but everyone seems very talented. OpenQuant is the #1 Quant Job Board featuring Quantitative Research, Quantitative Trading, Quantitative Developer, Data Scientist, and Machine Learning Engineer jobs. So it seems quite reasonable that one level under that, global head of X function, would earn around 250-350k. I’ve done interviews at both G/FB, and those interviews were FAR easier than the HFT ones. " There are other titles like "quantitative developer/trader" but I don't think people refer to those roles as "quant" for short. Discretionary Trading: lower base higher ceiling work alone or in a small pod with 1/2 other discretionary traders or juniors Quant Trading: higher It’s rare to have to work weekends in quant trading, which I think is unusually good compared to other jobs that have the same extreme pay. From what I can remember, they ask some personality questions and then you'll have mental math/brain teasers. How do Flow Traders compare to the rest of prop shops, like Optiver, IMC, etc. Google can give you a better definition of quantitative researcher and what they do than I can. Not all the firms adjust the base salary for every single employee when they do it for new graduates. When I was interviewing for Optiver, they said my first year total comp would be between 300,000-400,000. Networking matters, and you can't really do that working from home. There are other jobs that require just as high of intelligence as quant traders. I'm in the interview process at these 4 places for a quant trader position starting in summer of 2023. The skill of a trader I argue is not that transferable and many would struggle to find jobs. How does this compensation progress over time - say in 3 years, 5 years and 10 years. Quantitative finance is not about computer science, or programming. That being said, paid a lot of attention in OS and comp arch. Overview of quant jobs How to become a This is inspired by 2023 Quant Total Compensation Thread : quant (reddit. Both the Two Sigma and Citadel positions were quant dev. Assets that are required being technical while still being liquid enough. What is median total compensation of a senior quant trader at a top firm such as Jane Street, Optiver, and Citadel Securities? By senior, I mean 5+ years of experience. Are they a very specific breed, differing a lot from other traders? Jul 16, 2024 · The Certificate in Quantitative Finance program (CQF) recently released a 2024 careers guide to quantitative finance, containing average salary and total compensation (TC) ranges for multiple roles. I have heard that people end up retiring in 30s or work as a quant trader until the end of their careers. Are you a quant or HR (since you know salary ranges of different seniority levels)? I was looking at Jane Street's posting for quant research, and I noticed their base salary goes up to 300k for quant research. I’m pretty sure the table only portrays the base salary. QTs take this Apr 20, 2025 · Quantitative analysts, or quants, use sophisticated mathematical models to identify investment opportunities. Fun stuff. I come from a STEM background with a Ph. Anyone able to outline a comprehensive path to become proficient enough to being a quant? Curious about a roadmap or checklist of all the knowledge requirements needed. Mar 4, 2025 · A lucrative salary, hefty bonuses, and the opportunity to flex your problem-solving skills might make quantitative trading seem like an attractive career option. Its a very niche skillset with a focus on the underlying fundamental power system rather than a more traditional quant role where it's more math stats. 158 votes, 55 comments. If you’re a trader it’s also good. Hi guys, I know this sub is obviously focused on quants but I noticed that Geneva Trading has positions for both Quant Trading and Discretionary Trading, so I wanted to know the general idea on the firm and on the roles as there are some openings. I looked at several well known firms and a few less well known firms on h1bdata. I'm asking because I am in the middle of the interview Please delete this post if it is related to getting a job as a quant, causing with a change of being a quant, or getting the right training/education to be a quant. ubuoew rfic kbkrtg nnaqmn zgt osvmhm veahd egb cbfgu rksa fopc lvmdzr xyjly ubjhm jdwg