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Quantitative Associate Jobs in Washington (NOW HIRING)

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Quantitative Associate information

See Washington salary details

$35.1K

$102.6K

$165.4K

How much do quantitative associate jobs pay per year?

As of Jun 1, 2026, the average yearly pay for quantitative associate in Washington is $102,590.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,600.00 and $134,800.00 per year, depending on experience, location, and employer.

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.

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 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 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 job categories do people searching Quantitative Associate jobs in Washington look for? The top searched job categories for Quantitative Associate jobs in Washington are:
What cities in Washington are hiring for Quantitative Associate jobs? Cities in Washington with the most Quantitative Associate job openings:
Infographic showing various Quantitative Associate job openings in Washington as of May 2026, with employment types broken down into 1% As Needed, 93% Full Time, 5% Part Time, and 1% Contract. Highlights an 55% Physical, 15% Hybrid, and 30% Remote job distribution, with an average salary of $102,590 per year, or $49.3 per hour.
Principal Associate, Data Scientist - Card DFS Integration

Principal Associate, Data Scientist - Card DFS Integration

Capital One

Mclean, VA • On-site

$59.60K - $60.10K/yr

Full-time

Posted 16 days ago


Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 134 frontline employees who took The Breakroom Quiz

74th of 141 rated banks


Job description

Principal Associate, Data Scientist - Card DFS Integration
Data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit card offer using statistical modeling and the relational database, cutting edge technology in 1988! Fast-forward a few years, and this little innovation and our passion for data has skyrocketed us to a Fortune 200 company and a leader in the world of data-driven decision-making.
As a Data Scientist at Capital One, you'll be part of a team that's leading the next wave of disruption at a whole new scale, using the latest in computing and machine learning technologies and operating across billions of customer records to unlock the big opportunities that help everyday people save money, time and agony in their financial lives.
Team Description
The Discover Card Customer Management Data Science team is responsible for ensuring all models used to underwrite the Discover Card portfolio are well-managed and creating the destination state that builds on the best of both worlds from both Discover's models and Capital One's models.
In this role, you will:
  • Partner with a cross-functional team of data scientists, software engineers, and product managers to deliver a product customers love
  • Leverage a broad stack of technologies - Python, Conda, AWS, H2O, Spark, and more - to reveal the insights hidden within huge volumes of numeric and textual data
  • Build machine learning models through all phases of development, from design through training, evaluation, validation, and implementation
  • Flex your interpersonal skills to translate the complexity

The Ideal Candidate is:
  • Customer first. You love the process of analyzing and creating, but also share our passion to do the right thing. You know at the end of the day it's about making the right decision for our customers.
  • Creative. You thrive on bringing definition to big, undefined problems. You love asking questions and pushing hard to find answers. You're not afraid to share a new idea.
  • Statistically-minded. You've built models, validated them, and backtested them. You know how to interpret a confusion matrix or a ROC curve. You have experience with clustering, classification, sentiment analysis, time series, and deep learning.
  • A data guru. "Big data" doesn't faze you. You have the skills to retrieve, combine, and analyze data from a variety of sources and structures. You know understanding the data is often the key to great data science.

Basic Qualifications:
  • Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date:
    • A Bachelor's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) plus 5 years of experience performing data analytics
    • A Master's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) or an MBA with a quantitative concentration plus 3 years of experience performing data analytics
    • A PhD in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field)

Preferred Qualifications:
  • Master's Degree in "STEM" field (Science, Technology, Engineering, or Mathematics) plus 3 years of experience in data analytics, or PhD in "STEM" field (Science, Technology, Engineering, or Mathematics)
  • At least 1 year of experience working with AWS
  • At least 3 years of experience in Python, Scala, or R
  • At least 3 years of experience with machine learning
  • At least 3 years of experience with SQL

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Chicago, IL: $147,100 - $167,900 for Princ Associate, Data Science
McLean, VA: $161,800 - $184,600 for Princ Associate, Data Science
Riverwoods, IL: $147,100 - $167,900 for Princ Associate, Data Science
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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