A quant analyst prices instruments, builds risk models and validates the models a firm trades on - most often on the sell side or in a risk function. New York total compensation typically runs from about $130,000 at entry level to $450,000 or more at senior level, with a lower bonus share than buy-side quant roles.
Live vacancies
11
Employers hiring
8
Market guides
17
Seniority bands
4
How much does a quant analyst earn?
A quant analyst prices instruments, builds risk models and validates the models a firm trades on - most often on the sell side or in a risk function. New York total compensation typically runs from about $130,000 at entry level to $450,000 or more at senior level, with a lower bonus share than buy-side quant roles. 11 quant analyst roles are open right now across 8 employers and 5 cities we track.
KnowQuant research desk·Updated 1 September 2026·11 live vacancies from 8 employers, plus 4 modelled seniority bands across 17 hub markets·Method 2026.1
Where quant analyst demand sits today
Vacancy counts come straight from the career pages of the employers we track and change daily. The pay tables below are modelled bands, dated separately, so you can see demand and money side by side without confusing the two.
Live vacancies
11
Open roles matching this function
Employers hiring
8
Distinct firms with an open seat
Doctorate preferred
2
Vacancies stating a PhD preference
Open roles by city
New York
4
Chicago
3
London
2
Hong Kong
1
Mumbai
1
Read live from each employer's own career page. Last full refresh September 2026. Pay ranges shown further down are modelled and labelled where an employer has not stated a figure.
By city
Modelled total compensation range across every seniority, with the modelled reference estimate for the role, in each market's local currency.
Quant Analyst total compensation by city, September 2026
Annual median wage across all employers, not just quant firms, for the government occupations closest to a quant analyst. Quant-firm pay usually sits well above these medians; use them as a floor and a regional guide, not as a quant benchmark.
New York reference market, US dollars. Base salary and total compensation.
Quant Analyst compensation by seniority in New York, September 2026
Level
Experience
Base
Total comp
Analyst
0-2 yrs
$100k – $140k
$125k – $200k
Associate
2-5 yrs
$130k – $180k
$175k – $300k
VP / Senior
5-8 yrs
$160k – $230k
$240k – $450k
Director / Head
8+ yrs
$200k – $300k
$330k – $700k
About the role
The quant analyst role is the classical derivatives-quant seat: pricing models, curve construction, risk sensitivities and model validation, typically at a bank or in a risk or treasury function. Compensation is lower and less volatile than buy-side research, and the role remains the most common entry route into the industry. A large share of buy-side researchers spent two to four years in this seat first.
Sourced answers to the questions people bring to this page, each with the figure, the date and the caveat.
How much does a quant analyst earn?
A quant analyst prices instruments, builds risk models and validates the models a firm trades on - most often on the sell side or in a risk function. New York total compensation typically runs from about $130,000 at entry level to $450,000 or more at senior level, with a lower bonus share than buy-side quant roles. The New York band runs $125k – $700k in annual total compensation, with a modelled reference estimate of $230k. Figures are base salary plus expected performance bonus, excluding sign-on, deferred equity and carry.
What does a quant analyst earn at entry level?
An entry hire (Analyst, 0-2 years) is typically offered $100k to $140k in base salary and $125k to $200k in total compensation in New York. At the senior end (Director / Head, 8+ years) total compensation reaches $700k.
Where is the best-paid market for a quant analyst?
New York leads on headline modelled total compensation at $230k, with London at £161k. Both are modelled reference estimates for the role, not observed medians. Bands are shown in each market's local currency across 17 hub markets, so tax treatment and cost of living still change the net picture materially.
What skills do firms hire quant analysts for?
The recurring requirements are Stochastic calculus, Derivatives pricing, Python, Risk modelling, Model validation. Typical backgrounds are financial mathematics masters, master el karoui and equivalent programmes, mathematics or physics phd. Of the live vacancies we classify for this role, 2 ask for a PhD.
How many quant analysts roles are open right now?
We currently classify 11 open quant analyst vacancies across 8 firms and 5 markets. The count is rebuilt from employer career pages rather than reposted listings, so it reflects roles that are genuinely open.
Can I quote these quant analyst figures?
Yes, with attribution and a link. Method 2026.1, last reviewed September 2026. Cite the dated edition rather than the live page if you need the number to stay stable: KnowQuant Quant Compensation Benchmark, Q3 2026 edition, method 2026.1. https://www.know-quant.com/salary/quant-analyst
Quant Analyst head to head
Pay, entry route and day to day work for Quant Analyst set against the roles candidates choose between.
Free to quote and republish with attribution and a link to the source page, under our terms. Method 2026.1, last reviewed 1 September 2026. The methodology sets out how each band is built and what it excludes.
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Weekly market movements
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The dated market call: which desks opened seats, where pay shifted, and which markets tightened. Written by the research desk, sent Monday, and nothing else.
Methodology
Figures are expressed as annual total compensation (base salary plus expected performance bonus) in the reference market's local currency, converted from a US dollar base. They describe typical market ranges rather than any individual offer, and exclude sign-on payments, deferred equity and carried interest. Portfolio-manager figures reflect formulaic profit-share arrangements and are therefore far more dispersed than any other role.
KnowQuant·Index 2026.1 · Updated September 2026
Modelled bands describe the market, not an individual offer. Where an employer states pay, the stated figure is used and labelled as such.
KnowQuant·Index 2026.1 · Updated September 2026
KnowQuant · Publishes indicative market ranges for information purposes and does not provide financial advice.