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New Grad Quant Jobs in Pennsylvania (NOW HIRING)

New Grad Quant information

What is a new grad quant?

A New Grad Quant, short for 'Quantitative Analyst,' is an entry-level position for recent graduates in finance, mathematics, computer science, or related fields. These professionals use mathematical models, statistical techniques, and programming skills to analyze financial data and develop trading strategies. New Grad Quants typically work at investment banks, hedge funds, or financial technology firms, where they support senior quants in research, risk management, and portfolio optimization. The role often involves a steep learning curve and requires strong analytical thinking and problem-solving abilities.

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

To thrive as a New Grad Quant, you need a strong background in mathematics, statistics, and programming, typically supported by a degree in quantitative fields such as mathematics, physics, engineering, or computer science. Proficiency with tools like Python, R, MATLAB, and familiarity with data analysis libraries or financial modeling systems is expected. Analytical thinking, attention to detail, and effective communication are crucial soft skills for collaborating with teams and interpreting complex data. These competencies enable new quants to develop robust models, contribute valuable insights, and adapt quickly in the fast-paced finance industry.

What are some typical challenges new graduate quants face when transitioning from academia to a professional finance environment?

New graduate quants often encounter challenges such as adapting to the fast-paced nature of financial markets, learning to apply theoretical knowledge to real-time problems, and navigating large codebases or proprietary platforms. Collaboration is key, as quants frequently work in cross-functional teams with traders, developers, and risk managers, requiring strong communication skills. Additionally, new grads must prioritize continuous learning to keep up with evolving models and technologies, while managing deadlines and performance expectations.

What is the difference between New Grad Quant vs Quant Analyst?

AspectNew Grad QuantQuant Analyst
Required CredentialsDegree in Math, Finance, or Computer Science; internships preferredAdvanced degree often preferred; experience in modeling and programming
Work EnvironmentEntry-level, training-focused, collaborative teamsMore independent, project-driven, client-facing
Employer & Industry UsageFinancial firms, hedge funds, banksSame as New Grad Quant, with increased responsibilities

The main difference between a New Grad Quant and a Quant Analyst lies in experience and responsibility. New Grad Quants are entry-level, focusing on learning and supporting teams, while Quant Analysts have more experience, handling complex models and client interactions. Both roles require strong quantitative skills, but the Quant Analyst role typically demands a deeper understanding and proven track record.

What are popular job titles related to New Grad Quant jobs in Pennsylvania?

For New Grad Quant jobs in Pennsylvania, the most frequently searched job titles are:

What job categories do people searching New Grad Quant jobs in Pennsylvania look for?

The top searched job categories for New Grad Quant jobs in Pennsylvania are:

What cities in Pennsylvania are hiring for New Grad Quant jobs?

Cities in Pennsylvania with the most New Grad Quant job openings:

Infographic showing various New Grad Quant job openings in Pennsylvania as of August 2026, with employment types broken down into 92% Full Time, 5% Part Time, 2% Contract, and 1% Nights. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution.

Quantitative Strategy Developer - New Grad

Susquehanna International Group, LLP

Philadelphia, PA • On-site

Full-time

Re-posted 19 days ago


Job description

Overview
As a quantitative strategy developer, you'll work in a computationally intensive role that will allow you to use your strong technical skills to solve problems at the intersection of trading, quantitative analysis, and technology.
You will have the chance to work on challenging problems across our trading teams in areas such as signal creation and detection, quantitative strategy analysis, and low-latency C++ strategy development. You'll work on the desk side by side with senior developers who understand the nuances of building complex trading strategies.
You will begin with a comprehensive education program designed to build a broad understanding of the role quantitative strategy developers play across our trading teams. Once you complete the program, you'll be placed on a trading team that aligns with your interests and background. This will give you the best preparation possible for a career in quantitative strategy development.
What we're looking for
  • Graduating with a bachelor's or master's degree in computer science, computer engineering, mathematics, or a closely related STEM discipline
  • Intention to graduate and begin full-time employment by August 2027
  • Strong software development skills in Python and a compiled language
  • Experience and comfort working with data using libraries such as Pandas, Polars, or NumPy
  • Exceptional quantitative, logical reasoning, and analytical skills

What's in it for you:
  • Our non-hierarchical culture allows employees of every level to thrive and make impact. We are not your typical trading firm - the environment is casual, collaborative and we focus on continuous development.
  • Fully stocked kitchens for breakfast, lunch, snacks, and beverages
  • A forty thousand square-foot state of the art fitness facility with brand-new equipment, multi-purpose courts, group exercise classes, and locker room spaces
  • Discounts for dining, entertainment, shopping, travel, and attractions
  • Social events including a poker tournament, dinners, and sporting events in Philadelphia
  • On-site services such as a mailroom, barber, dry cleaning, and car maintenance

About Susquehanna
Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.
If you're a recruiting agency and want to partner with us, please reach out to recruiting@sig.com. Any resume or referral submitted in the absence of a signed agreement will not be eligible for an agency fee.
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