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Quantitative Analyst Jobs in Michigan (NOW HIRING)

Financial Analyst

Harbor Springs, MI · On-site

$70K - $90K/yr

You will conduct quantitative analyses of various investment and financial programs. Responsibilities: * Conduct cost analysis on financial programs and operations * Determine financial status and ...

Financial Analyst

Harbor Springs, MI · On-site

$70K - $90K/yr

You will conduct quantitative analyses of various investment and financial programs. Responsibilities: * Conduct cost analysis on financial programs and operations * Determine financial status and ...

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Quantitative Analyst information

See Michigan salary details

$49.2K

$116.7K

$209.2K

How much do quantitative analyst jobs pay per year?

As of Aug 13, 2026, the average yearly pay for quantitative analyst in Michigan is $116,687.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,200.00 and $126,800.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a quantitative analyst, and why are they important?

To thrive as a Quantitative Analyst, you need a strong background in mathematics, statistics, computer science, and finance, often supported by an advanced degree such as a master's or PhD. Expertise in programming languages like Python, R, or MATLAB, as well as familiarity with financial modeling tools and statistical software, is typically required. Analytical thinking, problem-solving abilities, and clear communication skills help you interpret complex data and convey insights to stakeholders. These competencies are crucial for developing accurate financial models, managing risk, and enabling data-driven decision-making in competitive financial environments.

What does a quantitative analyst do?

The responsibilities of quantitative analysts, or quants, include using mathematical models and statistics to analyze data to assess risks and develop solutions for business issues. In this role, you can work in a variety of industries, from production to finance to insurance. You typically gather and interpret data to help an organization implement a solution for maintaining its fiscal health. Duties vary with the industry. Some positions focus on collecting information from the general public or consumers of particular products through the use of polls and surveys to improve their design and marketing. Other quants work alongside researchers in the health care field to test treatments and medical equipment design.

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

Quantitative Analysts frequently work closely with traders, portfolio managers, risk managers, and IT professionals to develop, test, and implement financial models. Effective communication is essential, as they must translate complex quantitative findings into actionable insights for decision-makers. It's common to participate in cross-functional meetings, provide model validation support, and help interpret results for non-technical stakeholders. This collaborative environment fosters both technical skill development and a deeper understanding of the business, which can open doors to broader career opportunities.

What is a quantitative analyst?

Quantitative Analysts, often called 'quants,' are professionals who use mathematical models, statistics, and computer programming to analyze financial data and support decision-making in finance. They develop and implement complex models to assess risk, value financial securities, and identify profitable investment opportunities. Quants are commonly employed by investment banks, hedge funds, asset management companies, and other financial institutions. Their work helps optimize trading strategies, manage risk, and improve financial performance.

What is the difference between Quantitative Analyst vs Data Scientist?

AspectQuantitative AnalystData Scientist
Required CredentialsDegree in finance, mathematics, or statistics; often certifications like CFADegree in computer science, statistics, or related fields; certifications like CAP or data science certifications
Work EnvironmentFinancial firms, investment banks, hedge fundsTech companies, finance, healthcare, and various industries
Employer & Industry UsagePrimarily in finance and investment sectorsAcross multiple industries including tech, healthcare, and retail
Common Search & Comparison IntentUnderstanding roles in finance and investment analysisExploring data analysis and machine learning roles

While both roles involve data analysis and statistical skills, Quantitative Analysts focus on financial modeling and investment strategies within finance firms. Data Scientists have a broader scope, applying data analysis across various industries, often with programming and machine learning expertise.

What are the most commonly searched types of Quantitative Analyst jobs in Michigan?

The most popular types of Quantitative Analyst jobs in Michigan are:

What cities in Michigan are hiring for Quantitative Analyst jobs?

Cities in Michigan with the most Quantitative Analyst job openings:

What are popular job titles related to Quantitative Analyst jobs in MI?

For Quantitative Analyst jobs in MI, the most frequently searched job titles are:

Infographic showing various Quantitative Analyst job openings in Michigan as of August 2026, with employment types broken down into 1% Internship, 83% Full Time, 8% Part Time, 1% Temporary, and 7% Contract. Highlights an 80% Physical, 10% Hybrid, and 10% Remote job distribution, with an average salary of $116,687 per year, or $56.1 per hour.

Capital Markets Analyst - MSR Valuation

Rock Connections

Detroit, MI • On-site

Full-time

Posted 5 days ago


Job description

As the Capital Markets Analyst - MSR Valuation, youanalyzebusinessinformation and trends to inform or make strategic and/or trading decisions.You support efforts to improve pricing and valuation strategies related to the MSR asset.

About therole

  • Develop and maintain quantitative/analytic models or tools that estimate the changes in value of various mortgage assets

  • Design and implement improvements to current reporting and/or database structures

  • Analyze and summarize data, identify trends and concernsand recommend actions as necessary

  • Create and publish daily team reports based on findings

  • Develop and review assumptions used in MSR cashflow valuation

  • Analyze daily MSR risk and P&L reports to ensure MSR hedges are performing as expected

Aboutyou

Minimum Qualifications

  • 2years ofexperience intrading, reporting or financial analysis

  • Bachelor's degreeinfinance,math,computerscience, a related fieldorequivalentexperience

  • Advanced experience with Microsoft Excel, including but not limited to, ability to utilize formulas, pivot tables, graphs and charts

  • Knowledge of mortgage process and mortgage capital markets activities

  • Advanced knowledge of mortgage cash flow modeling concepts

Preferred Qualifications

  • Advanced experience with financial analysis and reporting

  • Advanced knowledge of Excel Modeling

  • Proficiency with SQL

  • Knowledge of MSR valuation concepts, including prepayments and defaults

Whatyou'llget

Our team members fuel our strategy,innovationand growth, so we ensure the health and well-being of not just you, but your family, too! We goabove and beyondto give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put:We'vegot your back. Check out our full list ofBenefits and Perks.

Aboutus

Rocket Mortgagewas founded in 1985. Today,we'rea Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools and resources empower our clients to achieve their homeownership dreams.We'reknown as experts in the mortgage industry, butwe'realso innovators - we strive to create the best experiences for our clients from beginning to end. Andwe'renot your typical employer.We'reinsistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard.Apply today to join a team that offers career growth, amazingbenefitsand the chance to work with leading industry professionals.

This job description is an outline of the primary responsibilities of this position and may bemodifiedat the discretion of thecompany at any time. Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. Thecompany provides reasonableaccommodationsto qualified individuals with disabilitiesin accordance withapplicable state and federal laws. Applicantsrequiringreasonable accommodations in completing the application and/orparticipatingin the application process should contact a member of the Human Resources team, atCareers@Rocket.com.