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Phd Math Finance Jobs (NOW HIRING)

Quant Researcher

New York, NY · On-site

$175K - $250K/yr

We believe that this is one of the most exciting opportunities in quantitative finance right now. Who You Are * You hold a PhD degree in a hard science or mathematics. * You have a proven track ...

... Financial Aid. Important guidance for current American University employees: American University ... Tutoring positions are open to both undergraduate, graduate, and PhD students. * We welcome ...

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Phd Math Finance information

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$10

$25

$59

How much do phd math finance jobs pay per hour?

As of Jun 19, 2026, the average hourly pay for phd math finance in the United States is $25.44, according to ZipRecruiter salary data. Most workers in this role earn between $15.14 and $29.09 per hour, depending on experience, location, and employer.

What types of projects or research topics do PhD Math Finance professionals typically work on within the industry?

PhD Math Finance professionals are often involved in developing quantitative models for pricing complex financial instruments, managing risk, and optimizing investment strategies. Their work may include statistical analysis of market data, stochastic modeling, and algorithmic trading system development. Collaboration with traders, risk managers, and software engineers is common to ensure models are both theoretically sound and practically implementable. These roles offer opportunities to contribute to cutting-edge research while solving real-world financial challenges, and can provide a pathway to leadership positions in quantitative research or risk management.

What is a PhD in Math Finance?

A PhD in Math Finance is a doctoral degree focused on the application of advanced mathematical methods to solve complex problems in finance. Students in this program study topics such as stochastic calculus, financial modeling, quantitative risk management, and derivative pricing. The degree prepares graduates for research, academic careers, or high-level quantitative roles in the finance industry, such as quantitative analyst or risk manager. It typically involves original research culminating in a dissertation.

What are the key skills and qualifications needed to thrive as a PhD in Mathematical Finance, and why are they important?

To thrive as a PhD in Mathematical Finance, you need advanced quantitative skills, expertise in stochastic calculus and financial modeling, and a doctoral degree in a related field. Proficiency with programming languages like Python, R, or MATLAB, and familiarity with financial databases and risk management systems, are typically required. Strong analytical thinking, problem-solving ability, and effective communication skills set top candidates apart. These skills enable professionals to develop complex models, interpret financial data, and communicate insights to drive decision-making in finance.

What is the difference between Phd Math Finance vs Quantitative Analyst?

AspectPhd Math FinanceQuantitative Analyst
Required CredentialsPhD in Mathematics, Finance, or related fieldBachelor's or Master's in Math, Finance, or related field; sometimes PhD
Work EnvironmentResearch-focused, academic or industry R&DFinancial firms, trading desks, hedge funds
Employer & Industry UsageUniversities, financial institutions, hedge fundsInvestment banks, hedge funds, asset management firms
Common Search & Comparison IntentUnderstanding advanced roles in finance researchPractical financial modeling and trading strategies

While both roles require strong quantitative skills, a Phd Math Finance typically involves research, developing new models, and academic work, whereas a Quantitative Analyst focuses on applying models to trading, risk management, and investment decisions in financial firms.

Infographic showing various Phd Math Finance job openings in the United States as of June 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 100% In-person job distribution, with an average salary of $52,911 per year, or $25.4 per hour.
Lead Data Scientist, Financial Services Consulting

Lead Data Scientist, Financial Services Consulting

TransUnion

Chicago, IL

$100K - $160K/yr

Full-time

Medical, Dental, Vision, PTO

Posted 28 days ago


TransUnion rating

9.3

Company rating: 9.3 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

TransUnion's Job Applicant Privacy Notice

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Team Overview

At TransUnion, this team reports to a Director of Data Science & Analytics, playing an integral role by working end-to-end with financial services clients, fostering consultative relationships that enable them to deliver impactful solutions. This team specializes in building both custom and generic models tailored to each client's unique needs, ensuring that every engagement is as effective as possible. This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.

Role Overview and Core Responsibilities

  • You will partner with internal and external cross-functional teams to drive new business initiatives and deliver long term value-added product propositions for B2B customers in the US financial services segment at TransUnion. This includes but is not limited to the development of predictive risk management and business intelligence solutions for credit card issuers, auto & mortgage lenders, collections agencies and retail banks.

  • You will lead analytic client engagements involving descriptive, predictive, and prescriptive analysis through the consumer lending portfolio lifecycle, leveraging a variety of techniques (e.g., segmentation, logistic regression, survival analysis, principal component analysis, Monte Carlo simulation, scenario and sensitivity analysis).

  • You will design and write programs for data extraction, segmentation and statistical analysis on large population datasets using languages such as R, Python, SQL, Hive, and Pig on Linux, PC, and mainframe computing platforms.

  • You will deliver analytic insights and recommendations in succinct and compelling presentations for internal and external customers and an executive audience.

  • You will develop project proposals, sales presentations and promotional collateral to enable the adoption of integrated customer solutions supported by TransUnion.

  • You will identify strategies and opportunities for customers to test and adopt TransUnion's analytic products and services.

  • You will provide mentorship and training to junior colleagues and maintain progress on all initiatives under limited direct supervision.

  • You will foster a high performance culture and cultivate an environment that promotes excellence and reflects the TransUnion brand.

Required Knowledge and Experiences

  • Bachelors (4 year) degree in statistics, applied mathematics, financial mathematics, engineering, operations research, or another highly quantitative field.

  • 7+ years of professional experience performing analytic work in Financial Services, consumer credit, or a related industry

  • Strong analytical, critical thinking, and creative problem-solving skills

  • Advanced programming skills; proficiency with R/Python and SQL; experience using other programming and data manipulation languages preferred (Hive, Pig, C/C++, Java); high level of familiarity with Microsoft Office tools

  • Versatile interpersonal and communication style with the ability to effectively communicate at multiple levels within and outside the organization; ability to work in a collaborative, fast-paced environment

  • Strong project management skills with the ability to manage multiple assignments effectively

  • Ability to travel 10-20%

We're also looking for the preferred skills below. Whether you are proficient or could usesome brushing up, we're happy to support your career development and growth in:

  • Master's or PhD degree in statistics, applied mathematics, financial mathematics, engineering, operations research, or another highly quantitative field. And, at least two (2) years of professional experience performing advanced analytic work in Financial Services, consumer credit, or a related industry

  • Familiarity with credit bureau data and business practices

  • Experienced in managing full life cycle of credit risk models and look alike models for consumer financial services industry, including model design, development, and deployment, monitoring, and validation

  • Operates independently in a complex and dynamic, matrixed environment

  • Experienced working in a company with a global presence

  • Experience with modern "big data" frameworks (Hadoop, Spark, cloud)

Pay Scale Information :

The U.S. base salary range for this position is $100,000 - $160,000 annually. *The salary range for this position reflects a reasonable estimate of the range of compensation for this job. At TransUnion, actual compensation is based on careful consideration of additional factors such as (but not limited to) an individual's education, training, work experience, job-related skill set, location, and industry knowledge, as well as the scope and responsibilities of the position and market considerations.

Regular, fulltime non-sales positions may be eligible to participate in TransUnion's annual bonus plan. Certain positions may be also eligible for long-term incentives and other payments based on applicable company guidance and plan documents.

Benefits that support every part of your life:

At TransUnion, we design benefits to help youfeel well, do well, and plan well-from day one.

For Your Health: Enjoyday-one eligibilityfor medical, dental, and vision coverage, plus supplemental plan options. Spousal, domestic partner, and other eligible dependent coverage is available on select plans. Choose taxadvantagedHSAandFSAaccounts to make everyday care more affordable.

For Your Protection: We've got your back withcompanypaid basic life and AD&D, optionalvoluntary life and AD&Dfor you and your family, andshort and longterm disability. You can also opt into alegal plan,pet insurance, andtravel accident coverage.

For Your Family: Fromadoption assistance and fertility planning coveragetocaregiver support, we're here for every chapter. AccessDependent Care FSA for possibility of an employer match, a complimentaryCare@Workmembership, andup to 12 weeks of paid parental leavewith eligibility for a thoughtful, gradual return.

For Your Future: Build toward what's next with our401(k) with employer matchandEmployee Stock Purchase Plan (ESPP). Tapfinancial wellness resources,career coaching, and optionallongterm care insuranceto plan confidently.

For You: Grow and recharge withtuition reimbursement,flexible time off for exempt employees or paid time off for nonexempt employees, up to 12 paid holidays per year, commuter benefits, employeediscounts,charitable gift matching, andpaid volunteer time off, plus corporate volunteer events that make it easy to give back.

For Your Wellness: Access24/7 supportincluding professionaltherapy,coaching, and emotional wellbeing programs alongside guided meditation and resources that supportphysical, mental, social, and financial wellness.

We are committed to being a place where diversity is not only present, it is embraced. As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, veteran status, genetic information, marital status, citizenship status, sexual orientation, gender identity or any other characteristic protected by law. Additionally, in accordance with Section 503 of the Rehabilitation Act of 1973 and the Vietnam Era Veterans' Readjustment Assistance Act of 1974, TransUnion takes affirmative action to employ and advance in employment qualified individuals with a disability and protected veterans in all levels of employment and develops annual affirmative action plans. Components of TransUnion's Affirmative Action Program for individuals with disabilities and protected veterans are available for review to any associate or applicant for employment upon request by contacting ERCoE@transunion.com.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law, including the Los Angeles County Fair Chance Ordinance for Employers, the San Francisco Fair Chance Ordinance, Fair Chance Initiative for Hiring Ordinance, and the California Fair Chance Act.

Adherence to Company policies, sound judgment and trustworthiness, working safely, communicating respectfully, and safeguarding business operations, confidential and proprietary information, and the Company's reputation are also essential expectations of this position.

TransUnion Overview:

At TransUnion, we encourage and are committed to creating a real, positive impact and shared sense of purpose within our Workforce for Good, which empowers our people to grow, innovate and contribute to a better future for our communities and customers. We strive to build an environment where our associates are in the driver's seat of their professional development- while having access to help along the way. We recognize that success comes when our associates thrive both professionally and personally; that's why we prioritize work/life flexibility and offer resources for our teams across the globe to collaborate and drive excellence.

Be a part of our Workforce for Good - you'll work with great people, pioneering products and cutting-edge technology.

TransUnion's Internal Job Title:

Sr Consultant, Data Science and Analytics

Company:

TransUnion LLC