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Quantitative Analyst Jobs in Silver Spring, MD (NOW HIRING)

As a Quantitative Research Analyst, you will work at the intersection of quantitative finance, data, and machine learning. You will design, prototype, and productionize models - both machine learning ...

Quantitative Analyst Location: Onsite, Washington, DC (1100 15th Street NW) Schedule: Full-time, 40 hours per week (8 hours per day) Duration: 12-month contract (with possible extension) Senior ...

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Quantitative Analyst Who We Are ThinkTek LLC is a fast-growing Certified SBA 8(a) and Service-Disabled Veteran-Owned Small Business (SDVOSB) specializing in management and technology consulting for ...

Quantitative Analyst Who We Are ThinkTek LLC is a fast-growing Certified SBA 8(a) and Service-Disabled Veteran-Owned Small Business (SDVOSB) specializing in management and technology consulting for ...

Quantitative Analyst Who We Are ThinkTek LLC is a fast-growing Certified SBA 8(a) and Service-Disabled Veteran-Owned Small Business (SDVOSB) specializing in management and technology consulting for ...

Apply Early

Transactional Quantitative Analyst

Washington, DC · On-site +1

$63.34 - $85.70/hr

The Transactional Quantitative Analyst will handle analytical projects to assist in structuring and optimizing client deals. This role can be hybrid or fully virtual. Candidates with substantial ...

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Quantitative Analyst information

See Silver Spring, MD salary details

$58.5K

$138.7K

$248.6K

How much do quantitative analyst jobs pay per year?

As of Jul 3, 2026, the average yearly pay for quantitative analyst in Silver Spring, MD is $138,665.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,500.00 and $150,700.00 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.

Is a quant analyst high paying?

Quantitative analysts typically earn high salaries due to their specialized skills in mathematics, programming, and finance. Compensation often includes base salary, bonuses, and profit-sharing, especially in financial firms and hedge funds. Experience, education, and technical proficiency influence earning potential significantly.

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 are Quantitative Analysts?

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.

Do JP Morgan hire quants?

JP Morgan hires quantitative analysts, often called quants, to develop models for trading, risk management, and investment strategies. Candidates typically need strong backgrounds in mathematics, programming, and finance, with skills in tools like Python, R, or MATLAB. The firm offers roles across various divisions, including investment banking and asset management.

What do you do as a quantitative analyst?

A quantitative analyst, or quant, develops mathematical models to analyze financial data and inform investment decisions. They use programming languages like Python or R, and tools such as Excel and statistical software, to identify trends, assess risks, and optimize portfolios in finance or trading environments.

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.

Will AI replace quant analysts?

AI is transforming quantitative analysis by automating data processing and modeling tasks, but it is unlikely to fully replace quant analysts. Instead, AI tools are expected to augment their work, requiring analysts to develop skills in programming, machine learning, and data interpretation to stay relevant in the evolving field.
What are the most commonly searched types of Quantitative Analyst jobs in Silver Spring, MD? The most popular types of Quantitative Analyst jobs in Silver Spring, MD are:
What are popular job titles related to Quantitative Analyst jobs in Silver Spring, MD? For Quantitative Analyst jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Quantitative Analyst jobs in Silver Spring, MD look for? The top searched job categories for Quantitative Analyst jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Quantitative Analyst jobs? Cities near Silver Spring, MD with the most Quantitative Analyst job openings:
Infographic showing various Quantitative Analyst job openings in Silver Spring, MD as of June 2026, with employment types broken down into 91% Full Time, 8% Part Time, and 1% Contract. Highlights an 74% Physical, 5% Hybrid, and 21% Remote job distribution, with an average salary of $138,665 per year, or $66.7 per hour.
Quantitative Analyst

Quantitative Analyst

Beacon Health System

Baltimore, MD • On-site

$150K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 12 days ago


Beacon Health System rating

6.7

Company rating: 6.7 out of 10

Based on 139 frontline employees who took The Breakroom Quiz

563rd of 877 rated healthcare providers


Job description

As a Quantitative Research Analyst, you will work at the intersection of quantitative finance, data, and machine learning. You will design, prototype, and productionize models - both machine learning and classical statistical/financial - that power the research delivered to our subscribers. You'll partner with senior quantitative analysts to take ideas from hypothesis to backtest to publication-ready research.
Responsibilities
  • Understand the theory and practical implementation of quantitative finance and data science techniques.
  • Design and implement new quantitative models - balanced across machine learning and classical statistical/econometric/financial models - to support research products.
  • Evaluate, backtest, and iterate on new and existing models.
  • Build and maintain reproducible research data pipelines that query, stage, and transform data from PostgreSQL and other internal and external sources (vendor APIs, flat files, cloud storage).
  • Conduct ad-hoc research and produce written and visual analyses to communicate findings to senior analysts and stakeholders.
  • Work closely with quantitative researchers, engineers, and product managers to understand requirements and enhance data-driven systems.
  • Document and hand off research artifacts (models, signals, datasets) to engineering for production integration.
  • Optimize research code and data workflows for speed and reproducibility.
  • Proactively address data quality issues and implement solutions to ensure data accuracy and reliability.

The ideal candidate will be an analytical and technical problem solver, curious about financial markets and quantitative finance, and able to work autonomously and as part of a distributed team.
Qualifications
Required
  • Bachelor's degree in Computer Science, Mathematics, Quantitative Finance, Physics, Engineering, Financial Engineering, Statistics, or a similar discipline.
  • 3-5 years of relevant work experience in quantitative finance, data analytics and modeling, or related fields.
  • Hands-on experience building, validating, and deploying both machine learning models (e.g., scikit-learn, XGBoost, PyTorch or TensorFlow) and classical statistical/econometric models (e.g., statsmodels, time-series methods), with the judgment to choose the right tool for the problem.
  • Strong programming skills in Python, including pandas, NumPy, and the scientific stack; comfort writing modular, testable code and using Git.
  • Proficiency with SQL and relational databases (PostgreSQL preferred), including complex joins, window functions, and query performance tuning. Experience designing or contributing to data staging and transformation workflows.
  • Experience working with financial time-series data and an understanding of common pitfalls (look-ahead bias, survivorship bias, regime changes).
  • Familiarity with backtesting frameworks and standard performance/risk metrics (Sharpe, drawdown, turnover, etc.).
  • Familiarity with quantitative finance concepts and financial instruments.
  • Working knowledge of financial statements and fundamental data sufficient to incorporate them as model features.
  • Excellent communication skills and the ability to collaborate effectively within a dynamic team.
Nice to Have
  • Exposure to cloud data infrastructure on AWS.
  • Strong academic or professional background in quantitative finance.
What We Offer
  • Be part of a creative, fast-paced team that produces high-profile financial content.
  • An entrepreneurial and innovative environment
  • Competitive salary at $150,000, commensurate with experience.
  • Comprehensive benefits package including health, dental, and vision insurance, 401 (k) match, and 12 paid company holidays.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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