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Quantitative Analysis Manager Jobs in Indiana (NOW HIRING)

Product Manager

Madison, IN · On-site

$80 - $100/hr

Strong Excel/quantitative analysis skills, PowerPoint presentation experience and PowerBI Analysis preferred. * Project management experience a plus. * Ability to respond to and meet critical ...

You will be using quantitative methods to assess the impact of offline and digital marketing. You ... Who has nearly 5+ years of experience in the analysis of Marketing data using SAS and other ...

Investment Research Analyst

Goshen, IN · On-site

$65 - $95/hr

... Managers through credit research and quantitative analysis and supports the Equity Portfolio Manager on the Praxis domestic equity index funds. The analyst produces written recommendations and ...

New

Developing fact-based analyses, business cases, and strategic recommendations using qualitative and quantitative data * Managing day-to-day client interactions, project plans, deliverables, and team ...

... in data analysis, forecasting, resource planning, and production management within a highly ... Conduct quantitative analyses related to scheduling, workforce allocation, material availability ...

... in data analysis, forecasting, resource planning, and production management within a highly ... Conduct quantitative analyses related to scheduling, workforce allocation, material availability ...

... in data analysis, forecasting, resource planning, and production management within a highly ... Conduct quantitative analyses related to scheduling, workforce allocation, material availability ...

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Showing results 1-20

Quantitative Analysis Manager information

See Indiana salary details

$41.9K

$101.7K

$164.6K

How much do quantitative analysis manager jobs pay per year?

As of Sep 6, 2026, the average yearly pay for quantitative analysis manager in Indiana is $101,651.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,700.00 and $137,500.00 per year, depending on experience, location, and employer.

What does a quantitative analysis manager do?

A Quantitative Analysis Manager oversees teams that use mathematical models and statistical techniques to analyze financial data, assess risk, and support decision-making processes. They are responsible for developing and implementing quantitative models, ensuring data accuracy, and interpreting analytical results for senior management. Their work is crucial in areas like investment strategy, risk management, and financial planning. In addition to technical expertise, they often manage projects and collaborate across departments to align analytics with business goals.

What are the key skills and qualifications needed to thrive as a quantitative analysis manager?

To thrive as a Quantitative Analysis Manager, you need advanced quantitative and statistical skills, a strong background in mathematics, finance, or economics, and typically a relevant postgraduate degree. Expertise in data analysis tools such as Python, R, MATLAB, SQL, and experience with financial modeling software or risk management systems are essential. Strong leadership, communication, and problem-solving abilities help you effectively manage teams and present complex findings to non-technical stakeholders. These skills and qualities are crucial for driving data-driven decision-making, optimizing business strategies, and ensuring accurate risk assessment.

How does a quantitative analysis manager typically collaborate with other departments within a financial organization?

A Quantitative Analysis Manager regularly works with cross-functional teams such as risk management, trading, IT, and senior leadership. Collaboration often involves translating complex quantitative models into actionable strategies or tools for non-technical stakeholders, ensuring alignment with business goals. Effective communication and teamwork are crucial, as the manager must explain model assumptions, results, and limitations to guide decision-making across departments. These collaborative efforts foster a deeper understanding of financial risks and opportunities, ultimately supporting the organization’s growth and compliance.

What is the difference between Quantitative Analysis Manager vs Quantitative Analyst?

AspectQuantitative Analysis ManagerQuantitative Analyst
CredentialsBachelor's or Master's in Finance, Economics, or related; often requires experience in managementBachelor's or Master's in Mathematics, Statistics, Finance, or related
Work EnvironmentLeads teams, oversees projects, collaborates with senior managementPerforms data analysis, models, and reports, often independently or in small teams
Industry UsageUsed across finance, investment firms, and hedge funds in managerial rolesCommon in trading firms, banks, and asset management for analytical tasks

The main difference is that a Quantitative Analysis Manager oversees teams and strategic projects, while a Quantitative Analyst focuses on performing data analysis and developing models. The manager role involves leadership and decision-making responsibilities, whereas the analyst role emphasizes technical skills and analysis execution.

Is quantitative analysis a good career path?

Quantitative analysis is a strong career choice for those with skills in mathematics, statistics, and programming, often involving tools like Excel, R, or Python. It offers opportunities in finance, data science, and risk management, with roles typically requiring analytical thinking and attention to detail. The field is known for competitive salaries and growth potential, especially with advanced certifications or experience.

What cities in Indiana are hiring for Quantitative Analysis Manager jobs?

Cities in Indiana with the most Quantitative Analysis Manager job openings:

Infographic showing various Quantitative Analysis Manager job openings in Indiana as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $101,651 per year, or $48.9 per hour.

Quantitative Modeling and Research Analyst (II or Senior)

Federal Home Loan Bank of Indianapolis

Indianapolis, IN • On-site

$93 - $110/hr

Other

Medical, Dental, Vision, Retirement

Re-posted 29 days ago


Job description

FHLBank Indianapolis is a financial institution that provides liquidity and support to banks, credit unions, community development financial institutions and insurers in Indiana and Michigan, with a focus on affordable housing and community development.

About the Role

The Senior Quantitative Modeling/Research Analyst is responsible for developing, maintaining, and operating financial models across the organization within the Modeling & Analytics Group of the Enterprise Risk Management department.

Responsibilities
  • Implement, test, and operate a diverse range of models for loan valuation, pledged collateral hair‑cut, probability of default, and loss estimation.
  • Utilize statistical and computational techniques to evaluate, calibrate, and tune credit and market risk models.
  • Establish and maintain model documentation covering theory, settings, assumptions, change control, performance monitoring, and user guides in coordination with Model Risk Management and regulatory advisory bulletins.
  • Explain model details, theory, assumptions, and settings to model users and other stakeholders across the organization.
  • Support model validation requests and address findings or recommendations.
  • Interact directly with model validators and regulators regarding model settings, assumptions, and implementation.
  • Lead the process to develop required model enhancements.
  • Stay current on methodologies, mathematical, analytical, and computational techniques related to model management and development.
Competencies
  • Business Analytics Knowledge
  • Research Knowledge
  • Quantitative Implementation Knowledge
  • General Maintaining Institutional Knowledge
  • Results‑driven
  • Time Management
  • People Communication
  • Interpersonal Skills
Position Requirements
  • Graduate degree in Mathematics, Quantitative Analysis, Statistics, Operations Research, Financial Engineering, or a related quantitative field (Master or PhD preferred).
  • CFA or/and FRM certifications are a plus.
  • Preferred 3+ years of experience in quantitative research, risk management, or related work.
  • Model development experience strongly preferred.
  • Experience in commonly used programming languages such as Python or C/C++.
  • Experience with Asset/Liability and valuation software models (e.g., Polypaths, QRM) is a plus.
  • Experience with database management concepts and tools such as SQL is a plus.
  • Attention to detail, ability to multi‑task, and a high degree of initiative and independence.
  • Verbal, written, and interpersonal skills to communicate effectively with all levels of bank personnel.
  • Must not have been convicted of any civil or criminal charge that would suggest a risk to bank security.
  • Ability to work full‑time and uphold the bank’s Guiding Principles.
Hiring Range

$93,000 - $110,000 (base salary; not inclusive of incentive awards, retirement benefits, or ancillary benefits).

Benefits
  • Hybrid workforce model: onsite three days a week, two days remote, with remote flex days available.
  • Competitive pay and total rewards.
  • Industry‑high 401(k) match: up to 6% plus an additional 4% contribution.
  • Tuition reimbursement assistance.
  • Student loan repayment assistance.
  • Medical, dental, vision, and pet insurance.
  • Generous time off: vacation, paid federal holidays, birthday month floating holiday, volunteer day, and summer hour program.
  • “Dress for your day” dress code: choose the appropriate work attire based on your schedule.
Equal Opportunity Employment

FHLBank Indianapolis is an Equal Opportunity Employer. The bank is committed to recruiting, hiring, developing, and retaining a diverse workforce by providing an environment that enables success for all employees.

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