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Please Note

  • An estimate based on public data for similar roles. Not provided by the employer.

Quantitative Developer (Singapore, Hong Kong)

Singapore Standard Chartered Estimated salary: SGD 120,000–220,000 per year, plus bonus
Role summary

Written by MyIslandJob from the job title and employer. See the employer's page for the full description.

The Quantitative Developer role requires strong programming skills, typically in Python, C++, Java or similar languages, together with knowledge of quantitative finance, derivatives, pricing, risk modelling and financial markets. Candidates are expected to hold a degree in computer science, mathematics, engineering, physics or a related discipline, with experience developing robust analytical tools and supporting model implementation. The role involves translating quantitative models into production systems, improving computational performance, collaborating with quants, traders, risk specialists and technology teams, and maintaining high standards for testing, documentation, governance and regulatory controls. Strong problem-solving, communication and teamwork skills are essential, along with the ability to work effectively across Singapore and Hong Kong teams.

Can I work in Singapore?

Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.

How it works

How it works: Employment Pass: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.

Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.

Watch for: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.

Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.

What the job usually comes with in Singapore

Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.

HousingNot usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law)
RelocationWork Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk
FlightsWork Permit staff: flight home paid by the employer (by law); others only if the offer says so
ContractWork Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default
Leave7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital
Income tax0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass
Health coverEmployer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan

Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.

Guidance, not legal advice. Rules change; your employer confirms the details for your case.

About Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on markets across Asia, Africa and the Middle East. The bank provides corporate, commercial and institutional banking, wealth management, retail banking and financial-market services. Singapore is one of its major regional hubs, supporting technology, operations, risk, product development and global markets activities. Standard Chartered promotes international collaboration and operates across numerous countries, giving employees opportunities to work with multicultural teams and regional clients. Its technology and quantitative functions support trading, analytics, risk management, automation and digital banking. Compensation and career progression vary by role, seniority, performance and local employment conditions.

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