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Quantitative Analyst Jobs (NOW HIRING)

This role is responsible for performing quantitative analysis and research within the Risk and Return group of Allstate Investments. The primary focus of this role is private markets research and ...

$124K - $165K/yr

This role is responsible for performing quantitative analysis and research within the Risk and Return group of Allstate Investments. The primary focus of this role is private markets research and ...

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 ...

Transactional Quantitative Analyst

San Diego, CA · 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 ...

Quantitative Analyst II

Scottsdale, AZ · On-site

$70K - $75K/yr

Current Employees and Contractors Apply Here Osaic Careers Corporate Finance Opportunity in Financial Services Quantitative Analyst II Location(s): Scottsdale: 18700 N Hayden Rd, Suite 255 ...

Current Employees and Contractors Apply HereOsaic Careers Corporate Finance Opportunity in Financial Services Quantitative Analyst II Location(s): Scottsdale: 18700 N Hayden Rd, Suite 255, Scottsdale ...

Current Employees and Contractors Apply HereOsaic Careers Corporate Finance Opportunity in Financial Services Quantitative Analyst III Location(s): Scottsdale: 18700 N Hayden Rd, Suite 255 ...

Current Employees and Contractors Apply Here Osaic Careers Corporate Finance Opportunity in Financial Services Quantitative Analyst III Location(s): Scottsdale: 18700 N Hayden Rd, Suite 255 ...

Transactional Quantitative Analyst

Boston, MA · 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

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$56.5K

$133.9K

$240K

How much do quantitative analyst jobs pay per year?

As of Jul 21, 2026, the average yearly pay for quantitative analyst in the United States is $133,877.00, according to ZipRecruiter salary data. Most workers in this role earn between $111,500.00 and $145,500.00 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 cities are hiring for Quantitative Analyst jobs? Cities with the most Quantitative Analyst job openings:
What are the most commonly searched types of Quantitative Analyst jobs? The most popular types of Quantitative Analyst jobs are:
What states have the most Quantitative Analyst jobs? States with the most job openings for Quantitative Analyst jobs include:
Quantitative Analyst, Quantitative Strategies

Quantitative Analyst, Quantitative Strategies

Millennium Management LLC

New York, NY • On-site

$150K - $200K/yr

Full-time

Re-posted 25 days ago


Millennium Management rating

7.7

Company rating: 7.7 out of 10

Based on 11 frontline employees who took The Breakroom Quiz


Job description

Quantitative Analyst, Quantitative Strategies
Please direct all resume submissions to QuantTalentUS@mlp.com and reference REQ-29449 in the subject.
Job Description
We are seeking a Quantitative Analyst to join a small, collaborative team focused on systematic equity strategies. This role is well suited for someone who enjoys working at the intersection of equity research, alternative data, and quantitative modeling, with a particular focus on sector-specific signals, company-level KPIs, and custom dataset development.
The role offers direct exposure to the SPM and broader investment process, with the opportunity to contribute across idea generation, data work, signal research, model implementation, and backtesting.
Location
New York
Principal Responsibilities
  • Partner closely with the SPM and team on alpha research for systematic equity strategies, with a focus on sector-specific signals and company-level forecasting
  • Identify, collect, organize, and analyze structured and unstructured datasets relevant to company, product, and sector behavior
  • Integrate Agentic AI workflows where they can improve productivity, model development, or operational robustness
  • Develop creative, data-driven ways to track companies, industries, and products beyond traditional financial statement analysis
  • Contribute to the research, implementation, and backtesting of signals using alternative, fundamental, and positioning datasets
  • Apply sound financial intuition and statistical techniques to turn raw data into investable insights
  • Work in a transparent, collaborative environment with visibility into the broader investment process

Preferred Technical Skills
  • Bachelor's, Master's, or PhD in a quantitative field such as Mathematics, Statistics, Computer Science, Engineering, Economics, Physics, or a related discipline
  • Strong Python skills
  • Experience working with company- and sector-specific KPIs
  • Experience using alternative, fundamental, and positioning datasets
  • Practical experience using LLMs or modern ML tools in analytical, research, or dataset-building workflows is highly desirable
  • Strong analytical, problem-solving, and communication skills

Preferred Experience
  • 1-3 years of experience in data science, data analytics, quantitative research, or a related role
  • Experience at an investment firm, data analytics firm, research provider, or software company is preferred
  • Demonstrated ability to take analytical projects from conception through implementation

Highly Valued Relevant Experience
  • Experience systematizing previously manual or judgment-based processes
  • Experience with sector-specific equity research, particularly in industrials, commodities, healthcare, or financials
  • Experience building custom datasets or KPI frameworks
  • Experience working with messy or incomplete real-world data and converting it into usable research inputs

Target Start Date
  • ASAP, though we will wait 6-9 months for an exceptional candidate

Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $150,000 to $200,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual's experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

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