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Associate Quantitative Analyst Jobs in Harvey, IL

Quantitative Associate

Chicago, IL · On-site

$200 - $350/hr

Build and maintain quantitative models to support pricing, underwriting, forecasting, and business ... Exceptional analytical and problem-solving abilities. * Familiarity with statistical modeling ...

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Sr. Quantitative Finance Analyst

Chicago, IL · On-site

$88K - $109K/yr

The Senior Quantitative Financial Analyst interacts with a wide variety of stakeholders including other loss forecast associates, model operations, model developers, Allowance, Finance, Enterprise ...

Quantitative Trader

Chicago, IL · On-site

$100 - $150/hr

Quantitative Trader Full Time Chicago, IL, US 3 days ago Requisition ID: 1009 Salary Range: $100 ... We are hiring smart, competitive, and highly analytical individuals. The ideal candidate would have ...

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Associate Quantitative Analyst information

See Harvey, IL salary details

$3.1K

$6K

$8.6K

How much do associate quantitative analyst jobs pay per month?

As of Sep 2, 2026, the average monthly pay for associate quantitative analyst in Harvey, IL is $6,024.75, according to ZipRecruiter salary data. Most workers in this role earn between $5,466.67 and $6,425.00 per month, depending on experience, location, and employer.

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 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 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 popular job titles related to Associate Quantitative Analyst jobs in Harvey, IL?

For Associate Quantitative Analyst jobs in Harvey, IL, the most frequently searched job titles are:

What cities near Harvey, IL are hiring for Associate Quantitative Analyst jobs?

Cities near Harvey, IL with the most Associate Quantitative Analyst job openings:

Infographic showing various Associate Quantitative Analyst job openings in Harvey, IL as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 84% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 84% Physical, 5% Hybrid, and 11% Remote job distribution, with an average salary of $72,297 per year, or $34.8 per hour.

Quantitative Analytics - Senior Associate

JPMorgan Chase & Co.

Chicago, IL • On-site

$120 - $160/hr

Other

Posted 19 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 499 frontline employees who took The Breakroom Quiz

72nd of 174 rated banks


Job description

Join the JPMorganChase Commercial & Investment Bank (CIB) as Senior Associate, Quantitative Analytics in Finance & Business Management, supporting the Client Onboarding & Service group. Client Onboarding & Service represents 7,000+ headcount with ~$900M of annual expense.

As a Quantitative Analytics – Senior Associate, you will be part of a team responsible for management of complex workforce capacity/staffing modeling across various Client Onboarding & Service functions. This role demands stakeholder management, as you will regularly interface with senior leaders to address questions. Technical expertise in SQL, Python and dashboarding tools (e.g., Sigma, QlikSense, Tableau) is essential.

As a Senior Associate in the Client Services & Implementation Business Management team, you will support the CIB’s Chief Financial Office and Finance & Business Management teams to forward progress on complex initiatives and provide timely and intuitive analytics for decision making. You will work closely with CIB’s Finance & Business Management teams and Client Onboarding & Service leadership to plan, coordinate and execute on a number of run and change activities, aimed at progressing the strategic agenda of CIB’s Finance & Business Management organization.

Job responsibilities
  • Lead capacity modeling and workforce staffing projections for a ~7,000 headcount organization.
  • Develop and maintain dashboards and analytics using tools such as Sigma and Tableau.
  • Utilize SQL and Python for data analysis and modeling.
  • Forward process improvements and automation capacity modeling.
  • Collaborate with Finance & Business Management and Client Onboarding & Service leadership to support strategic initiatives.
  • Advance the business analysis and reporting agenda, focused on insights delivery in areas around staffing models and volume forecasts.
Required qualifications, capabilities and skills
  • Bachelor’s degree in Statistics, Mathematics, Economics, or a related quantitative field required.
  • Minimum 3 years of experience in quantitative analytics, finance, or related field.
  • Advanced proficiency in SQL, Python and dashboarding tools (Sigma, Tableau).
  • Experience with activity-based costing and workforce modeling.
  • Advanced stakeholder management and communication skills, especially in challenging situations.
  • Highly motivated self-starter with excellent time management and prioritization skills.
Preferred qualifications, capabilities and skills
  • Advanced degree.

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

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