Reconciliation, breaks and the daily close

Trading Operations Analyst salary

A trading operations analyst owns the daily lifecycle behind the desks: trade capture, reconciliation, break resolution, margin, corporate actions and broker relationships. New York total compensation typically runs from about $95,000 at entry level to $300,000 or more for senior people running a global operations function.

Live vacancies
0
Employers hiring
0
Market guides
17
Seniority bands
4

How much does a trading operations analyst earn?

A trading operations analyst owns the daily lifecycle behind the desks: trade capture, reconciliation, break resolution, margin, corporate actions and broker relationships. New York total compensation typically runs from about $95,000 at entry level to $300,000 or more for senior people running a global operations function.

KnowQuant research deskUpdated 1 September 20264 seniority bands across 17 hub marketsMethod 2026.1

Live demand for this function

We price this function but do not count it as a separate category in the live job book, so there is no vacancy figure to publish here. Search the live roles at tracked firms to see what is genuinely open today; the pay bands below are modelled and dated separately.

Search live trading operations analysts roles

By city

Modelled total compensation range across every seniority, with the modelled reference estimate for the role, in each market's local currency.

Trading Operations Analyst total compensation by city, September 2026
MarketCurrencyRangeModelled reference estimate
New YorkUSD$95k – $500k$175k
LondonGBP£64k – £335k£117k
ChicagoUSD$92k – $485k$170k
SingaporeSGDS$104k – S$549kS$192k
Hong KongHKDHK$630k – HK$3.3mHK$1.2m
AmsterdamEUR€65k – €340k€119k
San FranciscoUSD$90k – $475k$166k
ParisEUR€59k – €313k€109k
Zurich / GenevaCHFCHF 75k – CHF 396kCHF 139k
Dubai / Abu DhabiAEDAED 307k – AED 1.6mAED 565k
BostonUSD$82k – $430k$151k
AustinUSD$84k – $440k$154k
Greenwich / StamfordUSD$92k – $485k$170k
SydneyAUDA$104k – A$547kA$192k
TorontoCADC$91k – C$480kC$168k
MumbaiINR₹1.7m – ₹9.1m₹3.2m
ShanghaiCNY¥371k – ¥2.0m¥683k

By seniority

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

Trading Operations Analyst compensation by seniority in New York, September 2026
LevelExperienceBaseTotal comp
Analyst0-2 yrs$70k – $95k$95k – $150k
Senior Analyst2-5 yrs$95k – $130k$130k – $220k
Operations Manager5-8 yrs$125k – $170k$180k – $300k
Head of Operations8+ yrs$160k – $230k$250k – $500k

About the role

Operations is the seat most often underestimated by candidates and most valued by firms with complex books. The job is part control function, part engineering partner: strong analysts automate their own workload, and the career path frequently runs into product, technology or business management rather than up a narrow operations ladder. Pay is less bonus-weighted than the desks. We have no measured benchmark against traditional asset managers, so the bands below should be read on their own terms.

Skills firms hire for

  • Trade lifecycle
  • Reconciliation
  • SQL
  • Python scripting
  • Prime broker relationships
  • Process automation

Typical backgrounds

  • -Operations analysts from banks and brokers
  • -Graduates in finance, economics or business
  • -Middle office at asset managers
  • -Internal moves from client or exchange operations

Other roles in business and operations

Other functions at quant firms

Trading Operations Analyst 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 trading operations analyst earn?

A trading operations analyst owns the daily lifecycle behind the desks: trade capture, reconciliation, break resolution, margin, corporate actions and broker relationships. New York total compensation typically runs from about $95,000 at entry level to $300,000 or more for senior people running a global operations function. The New York band runs $95k – $500k in annual total compensation, with a modelled reference estimate of $175k. Figures are base salary plus expected performance bonus, excluding sign-on, deferred equity and carry.

What does a trading operations analyst earn at entry level?

An entry hire (Analyst, 0-2 years) is typically offered $70k to $95k in base salary and $95k to $150k in total compensation in New York. At the senior end (Head of Operations, 8+ years) total compensation reaches $500k.

Where is the best-paid market for a trading operations analyst?

New York leads on headline modelled total compensation at $175k, with London at £117k. 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 trading operations analysts for?

The recurring requirements are Trade lifecycle, Reconciliation, SQL, Python scripting, Prime broker relationships. Typical backgrounds are operations analysts from banks and brokers, graduates in finance, economics or business, middle office at asset managers.

How many trading operations analysts roles are open right now?

No trading operations analyst vacancies are classified as open in the index at this moment. Counts are rebuilt from employer career pages rather than reposted listings, so the figure moves as firms open and close roles.

Can I quote these trading operations 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/trading-operations

Cite these figures

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

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

Three answers, and the desk returns your band in local currency plus a read on where that market is heading. No account, no recruiter call unless you ask.

Free. Your band appears on screen straight away and the desk keeps your request on file.

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

Step 2 of 2

Register for alerts on your role and city

Email alerts are not switched on yet. You can note the segment you follow here, and in the meantime save a search on the jobs page to come straight back to an up-to-date list on screen.

Nothing is sent to your inbox. If you want to speak to someone, use the enquiry form instead.

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.