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Associate Quantitative Analyst Jobs in Raleigh, NC

Duke University

Quantitative Associate

Durham, NC · On-site

$125K - $140K/yr

Analyze and model portfolio exposures, performance, and risk across a diverse range of asset ... for Quantitative Associate. * Exposure to machine learning libraries (e.g., scikit-learn ...

Duke University

Quantitative Associate

Durham, NC

$125K - $140K/yr

Analyze and model portfolio exposures, performance, and risk across a diverse range of asset ... for Quantitative Associate. * Exposure to machine learning libraries (e.g., scikit-learn ...

Duke University

Postdoctoral Associate

Durham, NC · On-site

Quantitative & Computational Analysis: The Postdoctoral Associate will contribute to the design and execution of analyses addressing cancer disparities using complex, high-dimensional data. This ...

Duke University

Postdoctoral Associate

Durham, NC

Quantitative & Computational Analysis: The Postdoctoral Associate will contribute to the design and execution of analyses addressing cancer disparities using complex, high-dimensional data. This ...

8 Rivers

Capital Management Associate

Durham, NC · Hybrid

About this Opportunity 8 Rivers is seeking a Capital Management Associate to help drive financial ... Develop quantitative and qualitative analyses to assess investment alternatives for 8 Rivers ...

8 Rivers

Capital Management Associate

Durham, NC · On-site

About this Opportunity 8 Rivers is seeking a Capital Management Associate to help drive financial ... Develop quantitative and qualitative analyses to assess investment alternatives for 8 Rivers ...

NCSU

Research Associate, Roadway Safety

Raleigh, NC · Hybrid

The Research Associate will assist with applied transportation safety research, technical ... Conducting quantitative analyses using crash data, roadway inventory data, exposure metrics ...

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All JobsAssociate Quantitative Analyst JobsAssociate Quantitative Analyst Jobs in Raleigh, NC

Associate Quantitative Analyst information

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$3.2K

$6.1K

$8.7K

How much do associate quantitative analyst jobs pay per month?

As of Jun 20, 2026, the average monthly pay for associate quantitative analyst in Raleigh, NC is $6,115.00, according to ZipRecruiter salary data. Most workers in this role earn between $5,550.00 and $6,525.00 per month, depending on experience, location, and employer.

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, and why are they important?

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 Raleigh, NC? The most popular types of Quantitative Analyst jobs in Raleigh, NC are:
What are popular job titles related to Associate Quantitative Analyst jobs in Raleigh, NC? For Associate Quantitative Analyst jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Associate Quantitative Analyst jobs in Raleigh, NC look for? The top searched job categories for Associate Quantitative Analyst jobs in Raleigh, NC are:
What cities near Raleigh, NC are hiring for Associate Quantitative Analyst jobs? Cities near Raleigh, NC with the most Associate Quantitative Analyst job openings:
Associate Quantitative Analyst jobs near you
Infographic showing various Associate Quantitative Analyst job openings in Raleigh, NC as of June 2026, with employment types broken down into 11% Full Time, 86% Part Time, and 3% Contract. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $73,380 per year, or $35.3 per hour.
Quantitative Associate

Quantitative Associate

Duke University

Durham, NC • On-site

$125K - $140K/yr

Full-time

Medical, Dental, Retirement

Posted 6 days ago

Duke University rating

6.5

Company rating: 6.5 out of 10

Based on 54 frontline employees who took The Breakroom Quiz

440th of 538 rated colleges and universities

Job description

Be You. Be Bold. Choose Duke.
Be You.
DUMAC is the investment office that manages a multi-billion dollar global portfolio on behalf of Duke University and other pools of capital. Our mission is to provide critical financial support to the university for professorships, student scholarships, and pioneering research. The Data Science & Risk team serves as a central quantitative hub, partnering with all investment groups to drive data-informed decision-making, enhance portfolio construction, and manage risk.
DUMAC is seeking a highly motivated and intellectually curious Quantitative Associate/Analyst to join our Data Science & Risk team. This role is designed to provide deep, cross-functional exposure to all aspects of institutional investing. You will work on high-impact projects that span our Public, Private, and Direct investment portfolios, as well as our back-office operations.
This position offers a robust training ground for a career in quantitative finance and asset management, with the potential for long-term advancement within the organization for exceptional performers. You will be a key contributor to the team, bringing fresh perspectives and technical skills to solve complex investment challenges.
Minimum Qualifications
Education
Work requires communications and analytical skills generally acquired through completion of a bachelor's degree program. An MBA and CFA are preferred.
Experience
Work requires experience in research and financial analysis, generally acquired through two years of related experience. OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE
Be Bold.
What You'll Do:
  • Analyze and model portfolio exposures, performance, and risk across a diverse range of asset classes.
  • Develop quantitative models to assess investment manager factor exposures and identify drivers of return.
  • Contribute to private asset cash flow forecasting and pacing models to inform portfolio construction and liquidity management.
  • Research, develop, and backtest systematic investment strategies in collaboration with investment teams.
  • Explore and implement AI/ML techniques to enhance investment decision-making and optimize operational workflows.
  • Design, build, and maintain interactive dashboards and visualizations to communicate complex data and insights to stakeholders across the organization.
  • Collaborate with investment professionals and operational teams (Finance, Legal) on a variety of cross-functional projects.

What We're Looking For
  • Bachelor's or Master's degree in a quantitative field such as Finance, Economics, Statistics, Computer Science, Engineering, or Mathematics.
  • A demonstrated passion for investing and a strong desire to learn about financial markets.
  • Strong proficiency in R or Python for data analysis, modeling, and automation.
  • Excellent communication skills with the ability to articulate complex technical concepts to non-technical audiences.
  • An independent thinker with a proactive mindset and a high degree of intellectual curiosity.
  • Experience building dashboards and data visualizations using tools like R Shiny, Python Dash, Tableau, or Power BI.
  • Familiarity with financial markets, different asset classes, and investment concepts is a plus, but not required.
  • Prior internship or project experience in finance, asset management, or a related quantitative field for Quantitative Analyst; 3-5-year relevant work experience for Quantitative Associate.
  • Exposure to machine learning libraries (e.g., scikit-learn, TensorFlow, PyTorch) and techniques.
  • Experience with database querying (e.g., SQL).

Choose Duke.
Why Join DUMAC?
  • Impact: Play a critical role in supporting the mission of a world-class university.
  • Exposure: Gain unparalleled experience across public and private markets, working directly with seasoned investment professionals.
  • Growth: Join a collaborative, mentorship-driven environment with a clear path for professional development and learning.
  • Culture: Be part of a dynamic, intellectually stimulating team that sits at the intersection of technology and finance.

Anticipated Pay Range: Duke University provides an annual base salary range for this position as USD $125,000.00 to USD $140,000.00. Duke University considers factors such as (but not limited to) scope and responsibilities of the position; candidate's work experience, education/training, and key skills; internal peer equity; as well as market and organizational considerations when extending an offer.
Your total compensation goes beyond the dollars on your paycheck. Duke provides comprehensive and competitive medical and dental care programs, generous retirement benefits, and a wide array of family-friendly and cultural programs to eligible team members. Learn more at: https://hr.duke.edu/benefits/
Equal Opportunity Employer: Duke is an Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex (including pregnancy and pregnancy- related conditions), sexual orientation, or military status.
Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas-an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.
Essential Physical Job Functions:
Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and reasonable accommodation(s) can be requested with Duke Access and Accommodations Services (email: DAAS@duke.edu; phone: 919-668-1267).

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About Duke University

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Duke is regarded as one of America's leading research universities. Located in Durham, North Carolina, Duke is positioned in the heart of the Research Triangle, which is ranked annually as one of the best places in the country to work and live. Duke has more than 15,000 students who study and conduct research in its 10 undergraduate, graduate, and professional schools. With about 40,000 employees, Duke is the third largest private employer in North Carolina, and it now has international programs in more than 150 countries.

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Colleges, universities, and professional schools and hospitals

Company size

10,000+ Employees

Headquarters location

Durham, NC, US

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