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Junior Quant Jobs in Rhode Island (NOW HIRING)

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Junior Quant information

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$7

$26

$46

How much do junior quant jobs pay per hour?

As of Aug 31, 2026, the average hourly pay for junior quant in Rhode Island is $26.40, according to ZipRecruiter salary data. Most workers in this role earn between $16.01 and $32.50 per hour, depending on experience, location, and employer.

What is a junior quant?

Junior Quants, short for Junior Quantitative Analysts, are entry-level professionals who use mathematical, statistical, and programming skills to analyze financial data and develop models for tasks such as pricing, risk management, and trading strategies. They typically work in investment banks, hedge funds, or financial technology firms under the guidance of senior quantitative analysts. Their responsibilities may include data analysis, coding algorithms, backtesting trading strategies, and supporting senior team members in research and decision-making. Junior Quants often hold degrees in fields like mathematics, physics, engineering, or computer science and may be familiar with programming languages such as Python, R, or C++.

What are the key skills and qualifications needed to thrive as a junior quant?

To thrive as a Junior Quant, you need a strong background in mathematics, statistics, programming (often Python, C++, or R), and typically a degree in a quantitative field such as mathematics, physics, computer science, or engineering. Familiarity with financial modeling tools, statistical analysis software, and version control systems like Git is often required. Outstanding analytical thinking, attention to detail, and the ability to work collaboratively in high-pressure environments are crucial soft skills. These skills and qualities enable Junior Quants to deliver accurate models and insights that drive successful trading and risk management decisions.

What are some common challenges faced by junior quants when transitioning from academic work to industry roles?

Junior Quants often find that moving from academic environments to industry roles presents challenges such as adapting to fast-paced deadlines, learning to work within multidisciplinary teams, and applying theoretical models to real-world, often noisy, data. In industry, there's a strong emphasis on producing actionable results and collaborating closely with traders, developers, and other stakeholders. Developing strong communication skills and becoming proficient with industry-standard tools and programming languages are key to overcoming these challenges and excelling in the role.

What is the difference between Junior Quant vs Quant Analyst?

AspectJunior QuantQuant Analyst
Required CredentialsBachelor's degree in Math, Finance, or related field; some internshipsBachelor's or Master's degree; often requires some experience
Work EnvironmentEntry-level, supportive team, learning-focusedMore independent, analytical, and project-driven
Employer & Industry UsageFinancial firms, hedge funds, asset managersFinancial institutions, investment banks, hedge funds

Junior Quants are typically entry-level roles requiring foundational skills and limited experience, focusing on learning and supporting senior staff. Quant Analysts usually have more experience, handling complex models and analysis independently. Both roles are common in finance and investment sectors, but Quant Analysts have greater responsibilities and expertise.

What are the most commonly searched types of Quant jobs in Rhode Island?

The most popular types of Quant jobs in Rhode Island are:

What are popular job titles related to Junior Quant jobs in Rhode Island?

For Junior Quant jobs in Rhode Island, the most frequently searched job titles are:

What cities in Rhode Island are hiring for Junior Quant jobs?

Cities in Rhode Island with the most Junior Quant job openings:

Assistant Professor, Quantitative Science Program

Brown University

Providence, RI • On-site

Full-time

Re-posted 4 days ago


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Job description

Description
The incumbent will be expected to provide analytical support to members of the Department of Psychiatry and Human Behavior (DPHB) and establish an independent line of research with open specialization. A minimum of 20% of the incumbent's time must be devoted to the individual's own program of research. The incumbent will be expected to contribute to teaching roles of the Quantitative Science Program (QSP) and administrative roles of the QSP and DPHB.
Research
The incumbent will assist in designing research projects initiated by faculty in the QSP-sponsoring departments and units of Brown. Recommend and perform, or supervise the performance of, data analyses on designated projects. In this role, the incumbent will support the generation of scholarly publications for these projects by contributing text, tables, and/or graphics, with authorship credit as appropriate. The incumbent will participate in data presentation and scholarly writing related to projects of faculty in QSP sponsoring departments and units.
In addition to the service role at QSP, the incumbent will be expected to establish a personal research program and develop additional ideas for future studies and to seek funding for these studies from the NIH and other funding agencies. The incumbent will be expected to establish an independent investigative program, in an area of open specialization. It is expected that a minimum of 20% of the incumbent's time will be devoted to research, and space will be provided. The incumbent will serve as a liaison between the QSP and the various programs of Brown University and its affiliated hospitals.
Teaching
Under the direction and with the collaboration of the Director and Associate Director of QSP, develop courses, workshops, and seminar series for faculty, staff, trainees, and students regarding quantitative methods in applied research. Topic areas include research design, data management, quality assurance, basic statistics, advanced statistics, and psychometrics. Provide ongoing mentoring to junior faculty, trainees in methods and quantitative skills development.
Service & Administrative Responsibilities
The incumbent will be expected to actively participate in all activities of the Department of Psychiatry and Human Behavior, QSP, and The Warren Alpert Medical School of Brown University.
Qualifications
Minimum requirements include: PhD or equivalent degree in a quantitative discipline or a degree in another discipline with a strong quantitative background. One or more years post-doctoral experience is required. Preferred is training in Quantitative Psychology, Psychometrics, Educational Psychology, Statistics, Biostatistics, Epidemiology, Public Health, or Sociology, and a commitment to scholarly participation in a research program that integrates with other members of The Warren Alpert Medical School DPHB. Experience in randomized clinical trials and/or intensive longitudinal data analysis is highly desirable. There is no preference for the candidate's substantive research area.

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