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Quantitative Analytics Jobs in Illinois (NOW HIRING)

Quantitative Analyst, Northbrook, IL - The Quantitative Analyst will assist in the research, design, development, and optimization of proprietary in-house trading models. - Quantitative model ...

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Quantitative Analytics information

See Illinois salary details

$54.8K

$129.7K

$232.6K

How much do quantitative analytics jobs pay per year?

As of Sep 6, 2026, the average yearly pay for quantitative analytics in Illinois is $129,730.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,000.00 and $141,000.00 per year, depending on experience, location, and employer.

What is quantitative analytics?

Quantitative analytics is the practice of using mathematical models, statistical techniques, and computational tools to analyze data and make informed decisions, typically in finance, business, or risk management. Quantitative analysts, often called 'quants,' use these methods to develop trading strategies, assess risk, value financial instruments, and optimize investment portfolios. Their work combines expertise in mathematics, programming, and finance to solve complex problems and provide actionable insights for organizations.

What are some common challenges faced by professionals in quantitative analytics, and how can they be addressed?

Professionals in Quantitative Analytics often face challenges such as managing large and complex data sets, staying updated with rapidly evolving analytical tools, and effectively communicating technical results to non-technical stakeholders. Addressing these challenges involves continual learning, collaborating closely with IT and data engineering teams, and developing strong presentation skills to translate quantitative findings into actionable business insights. Embracing cross-functional teamwork and ongoing professional development can help quantitative analysts thrive in their roles.

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 strong mathematical, statistical, and programming skills, typically supported by a degree in finance, mathematics, statistics, or a related field. Familiarity with technical tools such as Python, R, MATLAB, SQL, and financial modeling software is commonly required. Analytical thinking, attention to detail, and effective communication help distinguish top performers in this role. These skills and qualities are crucial for developing accurate financial models and providing actionable insights that drive data-informed decision-making.

What is the difference between Quantitative Analytics vs Data Analyst?

AspectQuantitative AnalyticsData Analyst
Required CredentialsDegree in Mathematics, Statistics, or related fields; often advanced certificationsBachelor's degree in Data Science, Statistics, or related fields; certifications like SQL or Excel skills
Work EnvironmentFinancial firms, investment banks, hedge funds, or tech companies focusing on complex data modelingBusiness, marketing, healthcare, or retail sectors analyzing data trends and reporting
Employer & Industry UsageUsed in finance, trading, risk management, and quantitative researchUsed across various industries for reporting, visualization, and basic data analysis

Quantitative Analysts focus on developing complex mathematical models to inform investment decisions and risk management, often requiring advanced degrees and specialized skills. Data Analysts typically handle data collection, cleaning, and basic analysis to generate reports and insights for business decisions. While both roles work with data, Quantitative Analytics involves more advanced statistical modeling and programming, primarily in finance and tech sectors, whereas Data Analysts focus on descriptive analytics across diverse industries.

What is a quantitative analytics analyst's salary?

A quantitative analytics analyst's salary typically ranges from $70,000 to $130,000 annually, depending on experience, education, location, and industry. Senior roles or those in financial services may earn higher compensation, often supplemented with bonuses and benefits.

What is quantitative analytics salary?

The salary for a quantitative analyst typically ranges from $70,000 to $150,000 annually, depending on experience, education, and location. Senior roles or those in financial hubs can earn higher, often exceeding $200,000 with bonuses and incentives. Skills in programming, statistical analysis, and financial modeling are highly valued in this field.

What are the most commonly searched types of Quantitative Analytics jobs in Illinois?

The most popular types of Quantitative Analytics jobs in Illinois are:

Infographic showing various Quantitative Analytics job openings in Illinois as of August 2026, with employment types broken down into 1% Internship, 95% Full Time, 2% Part Time, and 2% Contract. Highlights an 77% Physical, 8% Hybrid, and 15% Remote job distribution, with an average salary of $129,730 per year, or $62.4 per hour.

Quantitative Analytics - Senior Associate

JPMorgan Chase & Co.

Chicago, IL • On-site

$110 - $170/hr

Other

Posted 23 days ago


JPMorgan Chase & Co. rating

7.9

Company rating: 7.9 out of 10

Based on 500 frontline employees who took The Breakroom Quiz

78th of 175 rated banks


Job description

Join the JPMorganChase Commercial & Investment Bank (CIB) as Senior Associate, Quantitative Analytics in Finance & Business Management, supporting the Client Onboarding & Service group. Client Onboarding & Service represents 7,000+ headcount with ~$900M of annual expense.

As a Quantitative Analytics – Senior Associate, you will be part of a team responsible for management of complex workforce capacity/staffing modeling across various Client Onboarding & Service functions. This role demands stakeholder management, as you will regularly interface with senior leaders to address questions. Technical expertise in SQL, Python and dashboarding tools (e.g., Sigma, QlikSense, Tableau) is essential.

As a Senior Associate in the Client Services & Implementation Business Management team, you will support the CIB’s Chief Financial Office and Finance & Business Management teams to forward progress on complex initiatives and provide timely and intuitive analytics for decision making. You will work closely with CIB’s Finance & Business Management teams and Client Onboarding & Service leadership to plan, coordinate and execute on a number of run and change activities, aimed at progressing the strategic agenda of CIB’s Finance & Business Management organization.

Job responsibilities
  • Lead capacity modeling and workforce staffing projections for a ~7,000 headcount organization.
  • Develop and maintain dashboards and analytics using tools such as Sigma and Tableau.
  • Utilize SQL and Python for data analysis and modeling.
  • Forward process improvements and automation capacity modeling.
  • Collaborate with Finance & Business Management and Client Onboarding & Service leadership to support strategic initiatives.
  • Advance the business analysis and reporting agenda, focused on insights delivery in areas around staffing models and volume forecasts.
Required qualifications, capabilities and skills
  • Bachelor’s degree in Statistics, Mathematics, Economics, or a related quantitative field required.
  • Minimum 3 years of experience in quantitative analytics, finance, or related field.
  • Advanced proficiency in SQL, Python and dashboarding tools (Sigma, Tableau).
  • Experience with activity-based costing and workforce modeling.
  • Advanced stakeholder management and communication skills, especially in challenging situations.
  • Highly motivated self-starter with excellent time management and prioritization skills.
Preferred qualifications, capabilities and skills
  • Advanced degree.

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

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