2

Full Time Stochastic Processes Jobs (NOW HIRING)

... stochastic processes * Demonstrate understanding of data cleansing and preparation methodologies ... by full-time or part-time status) during their first year of employment, along with 10 sick days ...

... stochastic processes * Demonstrate understanding of data cleansing and preparation methodologies ... by full-time or part-time status) during their first year of employment, along with 10 sick days ...

The School of Computing and Data Science (SCDS) includes more than 30 full-time faculty who offer ... stochastic processes, dynamical systems, financial mathematics, graph theory, algebra, and modeling.

next page

Showing results 1-20

Full Time Stochastic Processes information

See salary details

$41K

$84.1K

$151K

How much do full time stochastic processes jobs pay per year?

As of Jul 22, 2026, the average yearly pay for full time stochastic processes in the United States is $84,057.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,000.00 and $97,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Stochastic Processes Analyst, and why are they important?

To thrive as a Stochastic Processes Analyst, you need a solid background in mathematics, probability theory, and statistical modeling, typically supported by a relevant degree such as mathematics, statistics, or applied mathematics. Proficiency in technical tools like MATLAB, R, Python, and experience with stochastic simulation software are commonly required. Strong analytical thinking, attention to detail, and effective communication skills are vital for interpreting complex data and conveying insights to stakeholders. These abilities are essential for accurately modeling random systems and informing data-driven decision-making in industries such as finance, engineering, and operations research.

What are full-time stochastic processes jobs?

Full-time stochastic processes jobs are positions where professionals work primarily with mathematical models that involve randomness and uncertainty, such as Markov chains, Brownian motion, or Poisson processes. These roles typically require a strong background in probability theory, statistics, and mathematics, and are common in fields like finance, data science, engineering, and research. Job duties may include developing and analyzing algorithms, creating simulations, or applying stochastic models to real-world problems. Common job titles in this area include quantitative analyst, data scientist, research scientist, and applied mathematician.

What is the difference between Full Time Stochastic Processes vs Data Analyst?

AspectFull Time Stochastic ProcessesData Analyst
Required CredentialsMathematics, Statistics, or related degrees; often advanced certificationsStatistics, Data Science, or related degrees; certifications like SQL, Tableau
Work EnvironmentResearch labs, finance, insurance, academiaBusiness, finance, marketing, tech companies
Industry UsageModeling randomness, risk assessment, financial modelingData interpretation, reporting, decision support

Full Time Stochastic Processes focus on mathematical modeling of randomness and are often employed in finance and research. Data Analysts interpret data to inform business decisions. While both roles require statistical knowledge, stochastic processes are more theoretical, whereas data analysts are more application-oriented.

What are some common challenges faced by professionals working full-time in stochastic processes roles?

Professionals in full-time stochastic processes positions often encounter challenges such as translating complex mathematical models into practical solutions for real-world problems, especially when data is noisy or incomplete. Collaboration with interdisciplinary teams is common, requiring strong communication skills to explain probabilistic concepts to non-experts. Additionally, staying updated with the latest advancements in stochastic modeling and computational techniques is essential for continued success and growth in this field.
More about Full Time Stochastic Processes jobs
What cities are hiring for Full Time Stochastic Processes jobs? Cities with the most Full Time Stochastic Processes job openings:
What are the most commonly searched types of Stochastic Processes jobs? The most popular types of Stochastic Processes jobs are:
What states have the most Full Time Stochastic Processes jobs? States with the most job openings for Full Time Stochastic Processes jobs include:
What job categories do people searching Full Time Stochastic Processes jobs look for? The top searched job categories for Full Time Stochastic Processes jobs are:
Infographic showing various Full Time Stochastic Processes job openings in the United States as of July 2026, with employment types broken down into 74% Full Time, 24% Part Time, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $84,057 per year, or $40.4 per hour.
Navigation Research and Development Engineer

Navigation Research and Development Engineer

Penn State University

Warminster, PA • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 14 days ago


Penn State University rating

7.8

Company rating: 7.8 out of 10

Based on 103 frontline employees who took The Breakroom Quiz

204th of 560 rated colleges and universities


Job description

APPLICATION INSTRUCTIONS:
  • CURRENT PENN STATE EMPLOYEE (faculty, staff, technical service, or student), please login to Workday to complete the internal application process. Please do not apply here, apply internally through Workday.
  • CURRENT PENN STATE STUDENT (not employed previously at the university) and seeking employment with Penn State, please login to Workday to complete the student application process. Please do not apply here, apply internally through Workday.
  • If you are NOT a current employee or student, please click "Apply" and complete the application process for external applicants.

Approval of remote and hybrid work is not guaranteed regardless of work location. For additional information on remote work at Penn State, see Notice to Out of State Applicants.
POSITION SPECIFICS
We are searching for a Navigation Research and Development Engineer to join our Strategic Navigation team of the Applied Research Laboratory (ARL) at Penn State and located in our Navigation Research and Development Division (NRDD) in Warminster, PA. NRDD is focused on developing the most advanced navigation technologies in the world, built around unique laboratories specially designed to test the most precise navigation sensors and systems. Our mission is to conduct new navigation technology research and development, systems engineering, and provide expert knowledge for our Navy, Army, and other U.S. government sponsors. As part of our team, you will research, develop, analyze, implement, and test new capabilities for current and future high accuracy navigation systems.
ARL is an authorized DoD SkillBridge partner and welcomes all transitioning military members to apply.
You will:
  • Lead a team of engineers in the design of algorithms and novel techniques for navigation systems for the undersea environment
  • Individually, and as a team, lead and perform navigation modeling and simulation (M&S) to support trade studies
  • Analyze multi-sensor data to evaluate system performance
  • Interact and collaborate regularly with a team of fellow engineers and scientists, program management, program sponsors, and stakeholders
  • Prepare research papers and make presentations related to work performed
  • Investigate and evaluate applicability of theories and practices to the development of navigation systems
  • Document work through reports and presentations
  • Regularly interact with program sponsors
  • Participate in strategic planning activities
  • Pursue new business development activities
  • Manage program resources
  • Develop program plans

Required skills/experience areas include:
  • Proven ability to lead cross-functional teams in R&D projects, including task delegation, progress tracking, and stakeholder management
  • Extensive experience in using MATLAB (or other programming languages) for design, modeling, and simulation of complex systems
  • Deep expertise in precision navigation systems, including, inertial navigation, geophysical, GPS, or other sensor fusion techniques
  • Experience with Department of Defense (DoD) projects, including familiarity with defense acquisition process and standards
  • Knowledge of signal processing, sensor integration, and real-time data analysis for navigation applications
  • Experience in mentoring junior engineers and fostering a collaborative work environment
  • Ability to present complex technical concepts clearly to both technical and non-technical stakeholders
  • Strong interpersonal skills for effective collaboration with internal teams, external partners, and sponsors
  • Excellent technical writing and presentation skills for documentation, proposals, and reports

Preferred skills/experience areas include:
  • Navigation Theory
  • State Space Estimation and Control Theory
  • Stochastic Processes Theory
  • Data Fusion Filter Design
  • Geophysical and earth sciences
  • Master's degree in Electrical Engineering, Mechanical Engineering, Aeronautical Engineering, Aerospace Engineering, Applied Mathematics, Physics, Computer Science, or Computer Engineering

Your working location will be full-time on-site, located at the Navigation Research & Development Center (NRDC) in Warminster, PA. Questions related to flexible work should be directed to the hiring manager during the interview process. This position will require travel to support project meetings.
MINIMUM EDUCATION, WORK EXPERIENCE & REQUIRED CERTIFICATIONS
Bachelor's Degree - Engineering or Science14+ years of relevant experienceRequired Certifications:None
ARL's purpose is to research and develop innovative solutions to challenging scientific, engineering, and technology problems in support of the Navy, the Department of Defense (DoD), and the Intel Community (IC).
FOR FURTHER INFORMATION on ARL, visit our web site at www.arl.psu.edu.
BACKGROUND CHECKS/CLEARANCES
Employment with the University will require successful completion of background check(s) in accordance with University policies.
Notice regarding employment at the Applied Research Laboratory (ARL):Employees must be eligible to obtain a government security clearance, participate in the ARL drug testing program, and comply with electronic and physical monitoring requirements applicable to federal contractors. ARL operates in a secure information environment involving Unclassified, Controlled Unclassified Information (CUI), and Classified information. Personal electronic devices brought onsite must be registered and may be restricted from certain areas. You must be a U.S. citizen to apply.
SALARY & BENEFITS
The salary range for this position, including all possible grades, is $140,004.00 - $231,000.00.
Salary Structure - Information on Penn State's salary structure
Penn State provides a competitive benefits package for full-time employees designed to support both personal and professional well-being. In addition to comprehensive medical, dental, and vision coverage, employees enjoy robust retirement plans and substantial paid time off which includes holidays, vacation and sick time. One of the standout benefits is the generous 75% tuition discount, available to employees as well as eligible spouses and children. For more detailed information, please visit our Benefits Page.
CAMPUS SECURITY CRIME STATISTICS
Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here.
EEO IS THE LAW
Penn State is an equal opportunity employer and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473.
Federal Contractors Labor Law Poster
PA State Labor Law Poster
Penn State Policies
Copyright Information
Hotlines

What Penn State University employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom