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Associate Quantitative Analyst Jobs in Ohio (NOW HIRING)

MDW Associates is currently seeking a Financial Analyst to work with our government client in ... Perform extensive quantitative analysis, including analysis of cash flow.Prepare draft cost ...

MDW Associates is currently seeking a Financial Analyst to work with our government client in ... Perform extensive quantitative analysis, including analysis of cash flow. * Prepare draft cost ...

MDW Associates is currently seeking a Financial Analyst to work with our government client in ... Perform extensive quantitative analysis, including analysis of cash flow. * Prepare draft cost ...

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Associate Quantitative Analyst information

What are some common challenges an associate quantitative analyst faces when transitioning from academia to industry?

One common challenge for Associate Quantitative Analysts moving from academia to industry is adapting to the fast-paced, results-driven environment where deadlines and business impacts are prioritized over theoretical exploration. Unlike academic research, industry projects often require quick, practical solutions and effective communication with non-technical stakeholders. Additionally, analysts may need to balance multiple projects simultaneously and collaborate closely with teams such as risk management, IT, and trading desks. Developing strong project management and communication skills can help ease this transition.

What is the difference between Associate Quantitative Analyst vs Quantitative Analyst?

AspectAssociate Quantitative AnalystQuantitative Analyst
Required CredentialsBachelor's degree in finance, mathematics, or related field; some roles may require a master'sBachelor's or master's degree in quantitative fields; often more experience required
Work EnvironmentEntry-level position in finance or investment firms, supporting senior analystsMid-level role, involved in developing models and strategies in finance firms
Employer & Industry UsageCommon in asset management, hedge funds, investment banksUsed across similar financial institutions, often as a step toward senior roles

The Associate Quantitative Analyst typically holds an entry-level position with a focus on supporting quantitative teams, while a Quantitative Analyst usually has more experience and takes on more complex modeling tasks. Both roles are essential in financial analysis, but the associate role often serves as a stepping stone to becoming a full Quantitative Analyst.

What are the key skills and qualifications needed to thrive as an associate quantitative analyst?

To thrive as an Associate Quantitative Analyst, you need strong analytical skills, advanced proficiency in mathematics and statistics, and typically a degree in a quantitative field such as mathematics, statistics, finance, or engineering. Familiarity with programming languages like Python or R, experience with statistical modeling tools, and knowledge of data analysis platforms are commonly required. Attention to detail, problem-solving ability, and effective communication skills help you interpret data and collaborate with team members. These skills are crucial for developing accurate models, providing actionable insights, and supporting data-driven decision-making in complex financial environments.

What does an associate quantitative analyst do?

An Associate Quantitative Analyst is responsible for applying mathematical, statistical, and analytical methods to financial and risk management problems. Their tasks often include building financial models, analyzing large datasets, and supporting senior analysts or portfolio managers with data-driven insights. They typically use programming languages like Python, R, or MATLAB to develop algorithms and test investment strategies. Associate Quantitative Analysts play a crucial role in helping organizations make data-informed decisions in areas such as trading, asset management, and risk assessment.
What are the most commonly searched types of Quantitative Analyst jobs in Ohio? The most popular types of Quantitative Analyst jobs in Ohio are:
What job categories do people searching Associate Quantitative Analyst jobs in Ohio look for? The top searched job categories for Associate Quantitative Analyst jobs in Ohio are:
What cities in Ohio are hiring for Associate Quantitative Analyst jobs? Cities in Ohio with the most Associate Quantitative Analyst job openings:

Quant Analytics Senior Associate - Deposit Pricing

JP Morgan Chase

Columbus, OH • On-site

Full-time

Medical, Retirement

Re-posted 16 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 493 frontline employees who took The Breakroom Quiz

73rd of 170 rated banks


Job description

The Deposit Pricing and Analytics team is responsible for setting the interest rates on all deposit accounts (e.g., checking, savings, and CDs) within the retail line of business at JPMorganChase, which has the largest deposit base among all banks in the United States.

As a Quant Analytics Senior Associate on the Deposit Pricing and Analytics team you will be responsible for deposit-based strategic analytics to help inform pricing strategy. You will also be responsible for end-to-end analytics that answer challenging, open-ended questions that drive product decisions and inform on deposit trends.

Job Responsibilities:

  • Own complex, strategic analytics to determine impacts of potential pricing actions with a specific focus on CDs and elasticity testing

  • Become a firmwide expert on money movement data, using it to gauge the impact of yield-seeking behavior and macroeconomic trends on deposit balances

  • Translate analytical results into clear, compelling visual narratives and present regularly to senior leadership

  • Closely partner with pricing strategy leads as well as finance, branch network, marketing, risk, and product partners

  • Develop interactive, automated dashboards that allow partners to quickly self-serve data

  • Stay informed of competitors' changes to deposit products and pricing structures as well as broader economic trends that impact pricing strategy

  • Ensure data accuracy and integrity in all analytics and reporting

Required qualifications, capabilities, and skills:

  • 3+ years in data and analytics, finance, pricing, treasury, or a related field

  • 3+ years of experience with SQL and at least one analytic tool such as SAS, Python, or Alteryx

  • Bachelor's degree in Business Analytics, Data Science, or a related quantitative field

  • Proven ability to query large-scale datasets to solve highly complex problems

  • Demonstrate confidence and passion for using data and analytics

  • Advanced knowledge of data visualization techniques 

Preferred qualifications, capabilities, and skills:

  • A background in financial services, consumer banking, or a related industry

  • Mastery of Tableau or similar analytics platforms with experience in creating automated solutions

Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs. 

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.  We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Equal Opportunity Employer/Disability/Veterans

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

The CCB Data & Analytics team responsibly leverages data across Chase to build competitive advantages for the businesses while providing value and protection for customers. The team encompasses a variety of disciplines from data governance and strategy to reporting, data science and machine learning. We have a strong partnership with Technology, which provides cutting edge data and analytics infrastructure. The team powers Chase with insights to create the best customer and business outcomes.

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