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Entry Level Quantitative Finance Jobs in Paramus, NJ

Quantitative Researcher

New York, NY · On-site

$190K - $250K/yr

Experience Required: Entry-level (PhD Program) or Experienced (Postdoc, Faculty, Scientific Lab ... In our research-driven approach to the financial markets, our Chief Scientist oversees the group ...

Quantitative Researcher

New York, NY · Hybrid

$190K - $250K/yr

Experience Required: Entry-level (PhD Program) or Experienced (Postdoc, Faculty, Scientific Lab ... In our research-driven approach to the financial markets, our Chief Scientist oversees the group ...

This role is part of StepStone's First STEP Program, our entry level early careers program designed ... Perform quantitative and qualitative research and financial modeling/analysis on companies and ...

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Entry Level Quantitative Finance information

See Paramus, NJ salary details

$31.4K

$91.7K

$147.7K

How much do entry level quantitative finance jobs pay per year?

As of Sep 1, 2026, the average yearly pay for entry level quantitative finance in Paramus, NJ is $91,659.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,400.00 and $120,400.00 per year, depending on experience, location, and employer.

What is an entry level quantitative finance job?

An entry level quantitative finance job typically involves using mathematical models, statistical analysis, and programming to analyze financial data and support decision-making in areas like risk management, asset pricing, or trading. People in these roles often work at investment banks, hedge funds, or financial technology firms. Common titles include quantitative analyst (or 'quant'), research analyst, or risk analyst. These positions generally require strong analytical skills, proficiency in programming languages like Python, R, or MATLAB, and a background in mathematics, statistics, engineering, or physics.

What are the key skills and qualifications needed to thrive as an entry level quantitative finance professional, and why are they important?

To thrive as an Entry Level Quantitative Finance professional, you need strong quantitative analysis skills, proficiency in mathematics and statistics, and typically a degree in math, finance, economics, engineering, or a related field. Familiarity with programming languages such as Python, R, or MATLAB, as well as experience with financial databases and risk management systems, is highly valued. Critical thinking, problem-solving abilities, and effective communication are essential soft skills for interpreting data and presenting findings to stakeholders. These skills enable individuals to analyze complex financial data, develop models, and support sound investment and risk management decisions.

What are some common challenges faced by entry level professionals in quantitative finance, and how can they be addressed?

Entry-level professionals in quantitative finance often face challenges such as adapting to fast-paced, data-driven environments and quickly mastering complex financial models and programming languages. It's common to feel overwhelmed by the steep learning curve, especially when working with large datasets or developing algorithmic trading strategies. To address these challenges, new hires should proactively seek mentorship, participate in ongoing training, and collaborate closely with senior team members. Emphasizing continuous learning and open communication can help bridge knowledge gaps and foster a supportive team culture.

What is the difference between Entry Level Quantitative Finance vs Entry Level Quantitative Analyst?

AspectEntry Level Quantitative FinanceEntry Level Quantitative Analyst
Required CredentialsBachelor's in Math, Finance, or related field; some roles prefer internshipsBachelor's in Math, Finance, or related field; often includes internships or relevant coursework
Work EnvironmentFinancial firms, hedge funds, investment banksFinancial institutions, asset management firms, hedge funds
Employer & Industry UsageCommonly used in finance industry for entry rolesOften used interchangeably with quantitative finance roles in finance sector

Entry Level Quantitative Finance and Entry Level Quantitative Analyst roles are similar, often requiring comparable educational backgrounds and working in similar financial environments. Both positions focus on data analysis, modeling, and supporting investment decisions, making them closely aligned in the finance industry.

What job categories do people searching Entry Level Quantitative Finance jobs in Paramus, NJ look for?

The top searched job categories for Entry Level Quantitative Finance jobs in Paramus, NJ are:

What cities near Paramus, NJ are hiring for Entry Level Quantitative Finance jobs?

Cities near Paramus, NJ with the most Entry Level Quantitative Finance job openings:

Infographic showing various Entry Level Quantitative Finance job openings in Paramus, NJ as of August 2026, with employment types broken down into 95% Full Time, 3% Part Time, and 2% Contract. Highlights an 79% Physical, 8% Hybrid, and 13% Remote job distribution, with an average salary of $91,659 per year, or $44.1 per hour.

Quantitative Portfolio Analyst - 2026 Grad

Point72

New York, NY • On-site

$150K - $200K/yr

Full-time

Medical, Retirement

Re-posted 20 days ago


Job description

A CAREER WITH POINT72'S PORTFOLIO CONSTRUCTION & ANALYTICS TEAM
Point72 is seeking an entry-level Quantitative Portfolio Analyst to join its Portfolio Construction & Analytics Team (PCAT) in the Office of the Chief Investment Officer (CIO).
PCAT's mandate is to study all drivers of success for Long/Short Equities investment professionals using data, analytics, and models of investor behavior and the market. These analyses are shared with portfolio managers to improve their strategies and with senior management to better allocate capital across investment teams.
WHAT YOU'LL DO
As a member of a growing central analytics team, you will:
  • Analyze Investment Strategies to identify strengths and weaknesses, partnering with Portfolio Managers to make improvements based on their idea generation, portfolio construction, and trading
  • Forecast performance of investment strategies to drive capital allocation
  • Invent new analytics to quantify skill and frameworks to support trade-offs between different sources of skill and risk
  • Quantify market drivers to support risk taking and decision making
  • Communicate key findings to the team, PMs, and Co-CIOs
  • Develop in and contribute back to shared code base, reports, and research tools

WHAT'S REQUIRED
  • Internship or project experience in quantitative research or portfolio management
  • Expected degree (Bachelors, Masters, or Ph.D.) in Finance or a STEM-related field, to be conferred Fall 2025 or Spring 2026
  • Intermediate or advanced proficiency in Python
  • Experience with statistical models and essential methods of quantitative finance
  • Excellent attention to detail, organization, and project management skills
  • Ability to operate productively in a fast-paced, team-oriented environment
  • Strong verbal and written communication skills
  • Commitment to the highest ethical standards

WE TAKE CARE OF OUR PEOPLE
We invest in our people, their careers, their health, and their well-being. When you work here, we provide:
  • Fully paid health care benefits
  • Generous parental and family leave policies
  • Mental and physical wellness programs
  • Volunteer opportunities
  • Non-profit matching gift program
  • Support for employee-led affinity groups representing women, minorities and the LGBTQ community
  • Tuition assistance
  • A 401(k) savings program with an employer match and more

About Point72
Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry's brightest talent by cultivating an investor-led culture and committing to our people's long-term growth. For more information, visit www.Point72.com/about.
The annual base salary range for this role is $150,000-$200,000 (USD) , which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.