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Quantitative Associate Jobs in New York (NOW HIRING)

Quantitative Associate

Manhattan, NY · On-site

$120K - $150K/yr

Advanced degree (MS or PhD) in Quantitative Finance, Financial Engineering, Mathematics, Statistics, Computer Science, or related field. * 3-5 years of experience in quantitative research, portfolio ...

QTS Cross Products Quants team is looking for a Quantitative Associate, who would be focusing on developing, maintaining, and documenting valuation and risk models for capital and margin. Development ...

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Quantitative Associate information

See New York salary details

$33.9K

$99.1K

$159.7K

How much do quantitative associate jobs pay per year?

As of Jul 26, 2026, the average yearly pay for quantitative associate in New York is $99,097.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,300.00 and $130,200.00 per year, depending on experience, location, and employer.

How do Quantitative Associates typically collaborate with traders and technology teams in a financial firm?

Quantitative Associates often work closely with traders to understand their strategies and provide data-driven insights that improve trading outcomes. They also collaborate with technology teams to implement models into production systems, ensuring that algorithms are both effective and efficient. This cross-functional teamwork requires strong communication skills and a willingness to learn from professionals in different disciplines. Regular meetings, joint problem-solving sessions, and collaborative project management tools are commonly used to keep everyone aligned and drive successful outcomes.

What is the difference between Quantitative Associate vs Quantitative Analyst?

AspectQuantitative AssociateQuantitative Analyst
Required CredentialsTypically a master's degree in finance, mathematics, or related field; strong programming skillsSimilar educational background; often requires advanced quantitative skills and certifications
Work EnvironmentFinancial firms, hedge funds, asset management; collaborative teamsSame as Quantitative Associate; focused on model development and data analysis
Employer & Industry UsageCommon in investment banks, hedge funds, asset managersUsed interchangeably in many firms; both roles involve quantitative modeling
Search & Comparison IntentHigh overlap; both roles involve quantitative analysis and modeling

Both Quantitative Associates and Quantitative Analysts work in similar environments, requiring advanced degrees and strong analytical skills. The roles often overlap in responsibilities, focusing on developing models, analyzing data, and supporting trading or investment decisions. The main difference may lie in job titles used by different firms, but their core functions are quite comparable.

What jobs make $1,000,000 a year?

In the finance industry, senior roles such as hedge fund managers, private equity partners, and investment bankers can earn $1,000,000 or more annually, often through a combination of salary, bonuses, and profit sharing. Quantitative associates working in hedge funds or proprietary trading firms with successful strategies and significant assets under management may also reach this level, especially with performance-based incentives and advanced skills in data analysis and programming. High earnings typically require extensive experience, strong performance, and often a high level of education or certifications.

What is a quantitative associate?

A quantitative associate is a financial professional who applies mathematical, statistical, and programming skills to analyze data and develop models for trading, risk management, or investment strategies. They often work with tools like Python, R, or MATLAB and require strong analytical abilities and knowledge of finance or economics. The role typically involves collaboration with traders and analysts in a fast-paced environment.

What are the 4 types of quants?

Quantitative associates typically fall into four main categories: sell-side quants who develop trading models, buy-side quants who analyze investment strategies, risk quants who assess financial risks, and technology quants who build computational tools. These roles often require strong programming skills, statistical knowledge, and a solid understanding of financial markets.

Do quants make a lot of money?

Quantitative associates typically earn high salaries due to their specialized skills in mathematics, programming, and finance. Compensation often includes base salary, bonuses, and profit sharing, with total earnings varying based on experience, firm size, and performance.

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

To thrive as a Quantitative Associate, you need strong quantitative analysis skills, advanced knowledge of mathematics and statistics, and typically a degree in a quantitative field such as mathematics, finance, or engineering. Proficiency in programming languages like Python or R, data analysis tools, and experience with financial modeling platforms are commonly required. Attention to detail, problem-solving abilities, and effective communication help you translate complex data insights into actionable business strategies. These skills are critical for developing accurate models, managing risk, and supporting data-driven decision-making in financial environments.

What are Quantitative Associates?

Quantitative Associates are professionals who use mathematical, statistical, and computational techniques to analyze financial data and develop models for decision-making in fields such as banking, investment, and risk management. They often support senior quantitative analysts or traders by implementing algorithms, conducting data analysis, and providing insights to improve business strategies. These roles typically require strong skills in programming, mathematics, and finance, and are commonly found in investment banks, hedge funds, and financial technology firms.
What are the most commonly searched types of Quantitative jobs in New York? The most popular types of Quantitative jobs in New York are:
What job categories do people searching Quantitative Associate jobs in New York look for? The top searched job categories for Quantitative Associate jobs in New York are:
What cities in New York are hiring for Quantitative Associate jobs? Cities in New York with the most Quantitative Associate job openings:
Infographic showing various Quantitative Associate job openings in New York as of July 2026, with employment types broken down into 1% As Needed, 69% Full Time, 28% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $99,097 per year, or $47.6 per hour.
Quantitative Associate

Quantitative Associate

VanEck

Manhattan, NY • On-site

$120K - $150K/yr

Full-time

Posted 8 days ago


Job description

VanEck is a privately held global asset management firm founded in 1955. We develop forward-looking, intelligently designed, active and ETF strategies that strengthen long-term portfolios. If you are a high-energy individual with a strong work ethic, outstanding communication skills, and enjoy working in a team atmosphere, we would like to speak with you.
Essential Duties and Responsibilities:
Includes the following, other duties may be assigned as needed:
  • Enhance and maintain fixed income portfolio optimization models.
  • Produce and maintain monthly and quarterly performance reports, including slippage analysis, transaction cost analysis, and attribution reports (sector, duration, spread, and security selection attribution).
  • Identify opportunities to automate manual investment, analytics, and reporting processes using AI and data engineering tools.
  • Assist portfolio managers in evaluating new issue municipal bond offerings, including structure analysis, covenant assessment, and relative value analysis.
  • Support portfolio managers in secondary municipal trade execution by submitting bids and offers and actively managing real-time negotiations with dealers.

Supervisory Responsibilities
None
Qualifications
  • Practical knowledge of fixed income markets (Treasuries, corporates, and municipal bonds).
  • Experience building data pipelines and working with large structured and unstructured datasets (market data, holdings, trades, research text).
  • Experience developing internal research tools, dashboards, or automation scripts that improve investment team productivity.
  • Excellent communication skills and ability to collaborate cross-functionally.

Education and/or Experience
  • Advanced degree (MS or PhD) in Quantitative Finance, Financial Engineering, Mathematics, Statistics, Computer Science, or related field.
  • 3-5 years of experience in quantitative research, portfolio optimization, or financial engineering.

Practical knowledge of fixed income markets (Treasuries, corporates, securitized products, derivatives).
Compensation
  • If this position will be performed in whole or in part in New York City, the base salary range is $120,000 - $150,000. Individual salaries may vary based on different factors including but not limited to, skills, experience, job-related knowledge, and location. Base salary does not include other forms of compensation or benefits offered in connection with this position.

VanEck is committed to treating all applicants and employees fairly and to providing equal opportunity in compliance with applicable federal, state and local laws. VanEck does not and will not discriminate against any employee or applicant for employment on the basis of race, religion, ancestry, color, gender, gender identity, pregnancy, age, physical or mental disability, national origin, marital status, sexual orientation, citizenship status, covered-veteran or military status, genetic information, and/or any other factor protected by law.
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.