Signal discovery and alpha research

Quant Researcher salary

A quant researcher designs and tests the statistical models that generate trading signals. In New York, total compensation typically runs from about $250,000 at entry level to $900,000 or more for senior researchers with an attributable track record, with the majority of the package delivered as performance bonus.

Live vacancies
160
Employers hiring
19
Market guides
17
Seniority bands
4

How much does a quant researcher earn?

A quant researcher designs and tests the statistical models that generate trading signals. In New York, total compensation typically runs from about $250,000 at entry level to $900,000 or more for senior researchers with an attributable track record, with the majority of the package delivered as performance bonus. 160 quant researcher roles are open right now across 19 employers and 16 cities we track.

KnowQuant research deskUpdated 1 September 2026160 live vacancies from 19 employers, plus 4 modelled seniority bands across 17 hub marketsMethod 2026.1

Where quant researcher 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

160

Open roles matching this function

Employers hiring

19

Distinct firms with an open seat

Doctorate preferred

89

Vacancies stating a PhD preference

Open roles by city

  • New York
    58
  • Hong Kong
    24
  • London
    21
  • Singapore
    18
  • Chicago
    12
  • Shanghai
    4
  • gurgaon
    3
  • Mumbai
    3

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 Researcher total compensation by city, September 2026
MarketCurrencyRangeModelled reference estimate
New YorkUSD$230k – $2.5m$475k
LondonGBP£154k – £1.7m£319k
ChicagoUSD$223k – $2.4m$461k
SingaporeSGDS$253k – S$2.7mS$522k
Hong KongHKDHK$1.5m – HK$17mHK$3.1m
AmsterdamEUR€157k – €1.7m€323k
San FranciscoUSD$219k – $2.4m$451k
ParisEUR€144k – €1.6m€297k
Zurich / GenevaCHFCHF 182k – CHF 2.0mCHF 376k
Dubai / Abu DhabiAEDAED 743k – AED 8.1mAED 1.5m
BostonUSD$198k – $2.1m$409k
AustinUSD$202k – $2.2m$418k
Greenwich / StamfordUSD$223k – $2.4m$461k
SydneyAUDA$252k – A$2.7mA$520k
TorontoCADC$221k – C$2.4mC$456k
MumbaiINR₹4.2m – ₹46m₹8.7m
ShanghaiCNY¥898k – ¥9.8m¥1.9m

Official US pay data

Annual median wage across all employers, not just quant firms, for the government occupations closest to a quant researcher. Quant-firm pay usually sits well above these medians; use them as a floor and a regional guide, not as a quant benchmark.

AreaData scientists (15-2051)Statisticians (15-2041)
New York-Newark-Jersey City metro$136k$138k
Miami-Fort Lauderdale-West Palm Beach metro$127k$122k
Dallas-Fort Worth-Arlington metro$128k$104k
Florida (statewide)$116k$108k
Texas (statewide)$122k$103k

Source: US Bureau of Labor Statistics, OEWS May 2025, retrieved 8 October 2026.

By seniority

New York reference market, US dollars. Base salary and total compensation.

Quant Researcher compensation by seniority in New York, September 2026
LevelExperienceBaseTotal comp
Entry / PhD hire0-2 yrs$150k – $200k$230k – $400k
Researcher2-5 yrs$175k – $250k$350k – $650k
Senior Researcher5-8 yrs$200k – $300k$550k – $1.1m
Lead / Head of Research8+ yrs$250k – $400k$800k – $2.5m

About the role

Quant research is the alpha-generating function: forming hypotheses about market behaviour, testing them against historical data, and turning the survivors into production signals. The work is closer to empirical science than to software engineering, though strong researchers write good code. Compensation is the highest-variance of any quant role because it tracks measurable contribution - a researcher whose signals carry a book will out-earn peers substantially.

Skills firms hire for

  • Statistics
  • Python
  • Time-series analysis
  • Machine learning
  • Backtesting
  • C++

Typical backgrounds

  • -Physics or mathematics PhD
  • -Statistics / econometrics PhD
  • -Computer science with ML research
  • -Olympiad and competitive mathematics

Other roles in quantitative

Other functions at quant firms

Quant Researcher pay, answered

Sourced answers to the questions people bring to this page, each with the figure, the date and the caveat.

How much does a quant researcher earn?

A quant researcher designs and tests the statistical models that generate trading signals. In New York, total compensation typically runs from about $250,000 at entry level to $900,000 or more for senior researchers with an attributable track record, with the majority of the package delivered as performance bonus. The New York band runs $230k – $2.5m in annual total compensation, with a modelled reference estimate of $475k. Figures are base salary plus expected performance bonus, excluding sign-on, deferred equity and carry.

What does a quant researcher earn at entry level?

An entry hire (Entry / PhD hire, 0-2 years) is typically offered $150k to $200k in base salary and $230k to $400k in total compensation in New York. At the senior end (Lead / Head of Research, 8+ years) total compensation reaches $2.5m.

Where is the best-paid market for a quant researcher?

New York leads on headline modelled total compensation at $475k, with London at £319k. 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 researchers for?

The recurring requirements are Statistics, Python, Time-series analysis, Machine learning, Backtesting. Typical backgrounds are physics or mathematics phd, statistics / econometrics phd, computer science with ml research. Of the live vacancies we classify for this role, 89 ask for a PhD.

How many quant researchers roles are open right now?

We currently classify 160 open quant researcher vacancies across 19 firms and 16 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 researcher 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-researcher

Quant Researcher head to head

Pay, entry route and day to day work for Quant Researcher set against the roles candidates choose between.

Cite these figures

KnowQuant Quant Compensation Benchmark, Q3 2026 edition, method 2026.1. https://www.know-quant.com/salary/quant-researcher

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.

Benchmark yourself

See the modelled band for your role and level

Pick your role, market and years of experience and we take you to the calculator with that selection already applied. Opening the calculator records nothing about you. Tick the box and leave an email only if you want the research desk to reply.

We do not ask for your current package here. A modelled band describes the market, not a personal valuation or a chance of an offer.

Candidates

Step 1 of 2

Get your salary range and market outlook

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Candidates

Register your profile with the desk

Two minutes, no account, nothing public. When a role matches your profile, the desk reaches out directly and only with your permission.

Stay ahead

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Register for alerts on your role and city

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Weekly market movements

One email a week, on what moved and why

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.

KnowQuantIndex 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.