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Quantitative Associate Jobs in Madison, WI (NOW HIRING)

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Quantitative Associate information

See Madison, WI salary details

$31.2K

$91.3K

$147.1K

How much do quantitative associate jobs pay per year?

As of Sep 2, 2026, the average yearly pay for quantitative associate in Madison, WI is $91,270.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,300.00 and $119,900.00 per year, depending on experience, location, and employer.

What is a quantitative associate?

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.

How does a quantitative associate 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 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 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 are popular job titles related to Quantitative Associate jobs in Madison, WI?

For Quantitative Associate jobs in Madison, WI, the most frequently searched job titles are:

What job categories do people searching Quantitative Associate jobs in Madison, WI look for?

The top searched job categories for Quantitative Associate jobs in Madison, WI are:

What cities near Madison, WI are hiring for Quantitative Associate jobs?

Cities near Madison, WI with the most Quantitative Associate job openings:

Infographic showing various Quantitative Associate job openings in Madison, WI as of June 2026, with employment types broken down into 14% Full Time, 83% Part Time, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $91,270 per year, or $43.9 per hour.

Lead Sourcing Specialist

Springs Window Fashions

Middleton, WI • On-site

Full-time

Re-posted 20 days ago


Springs Window Fashions rating

6.7

Company rating: 6.7 out of 10

Based on 8 frontline employees who took The Breakroom Quiz


Job description

Description

The Best Experience CompanyOur tagline is "The Best Experience Company." More than just a set of words, it represents the essence of who we are at Springs Window Fashions. As North America's premier window covering company, we're committed to creating the Best Experience for our associates, consumers and end users, business partners, and communities. We want you to join our team of passionate self-starters who believe the world is full of Best Experience opportunities. So, if you're excited about the thought of a Best Experience career with a team focused on creating Best Experiences for all, we want to hear from you!

Job Summary

Purchase commodities for direct material in support of Springs Window Fashions operations, at the most competitive cost, best possible quality and most-timely delivery. Reports into the Global Commodity Manager, and will support the execution of associated sourcing initiatives. Locate, establish, and maintain relationships of the highest degree of integrity with all suppliers. Secure on-time delivery of all products. Confirm terms & conditions; including warranty, price, discount, warehousing, and delivery. Drive the best global supply of commodities; including identifying opportunities, utilizing cross-functional resources to implement projects through six sigma rigor, and speed in execution. Use e-commerce tools to execute auctions and expedite project implementation. Participate in team activities on a strategic level in finding global opportunities, qualifying new sources, creating strategic supplier relationships, and improving sourcing processes

Job Duties

* Assist with the development of commercial agreements or spot purchases required to support business partners and manufacturing sites.

* Assist with the development of strategic sourcing strategies and plans.

* Ensure that negotiated agreements, and terms and conditions are being met.

* Aggressively pursue and create competitive purchase environment by constantly seeking alternate supply scenarios.

* Define and develop appropriate cross-functional relationships with the Business's Supply Chain, and other functions.

* Assist in identifying Low Cost Country sourcing opportunities.

* Resolve process or supplier related issues as escalated from the Businesses where the tactical teams need support.

* Maintain knowledge of suppliers and relevant market developments such as Mergers & Acquisitions, financial status, and changes in key personnel.

* Responsible for executing sourcing projects and initiatives as assigned.

* Accountability to provide analytical support in commercial negotiations and supplier selections within assigned commodities.

* Support cross-business synergy efforts for assigned projects.

* Supports a pipeline of cost savings projects for sustainable year over year productivity, or cost down.

* Support new product development projects and other tactical sourcing responsibilities such as price updates, sample delivery tracking, etc. as required

 

Critical Success Factors

* Participate and coordinate sourcing activities in design changes (ECN) and New Product Development (NPD)

* Work with Engineering, Quality and testing to prioritize sourcing activities

* Routinely conduct spend analysis activities identifying strategic sourcing opportunities within assigned commodities and throughout the supply chain environment where applicable

* Analyze market and delivery conditions to determine present and future industry trends in pricing and availability that will impact the business

* Effective technical and analytical skills

* Initiative to challenge inefficiencies, process deviations, and strategy deviations.

* Utilization of data analysis skills to effectively identify value opportunities.

* Initiative to seek professional development, continuous learning

Requirements

Education and Experience

* Bachelor's degree, preferably in a technical competency, minimum in a business/industrial related field. Preferred MBA

* 1+  years sourcing/procurement related experience

Knowledge, Skills, and Abilities

* Ability to work in a fast-paced environment and manage multiple tasks simultaneously.

* Ability to work with a cross functional team including engineering, quality, materials, logistics, sales & marketing.

* Project management experience

* Strong analytical and quantitative abilities. Proficient in Microsoft Word, Excel, PowerPoint & Microsoft Project.

* Willingness to travel occasionally

* Demonstrated leadership

* Ability to influence and work on a team

* Experience in manufacturing and material buying activities

* Excellent written and verbal communication skills; strong presentation skills

* Demonstrated problem resolution and crisis management

* Self-motivated with business perspective

* Accomplishments which reflect teamwork, integrity, accountability and speed

How We Work to Deliver a Best Experience: Our Culture

  • Our Core Value: We do the right thing, always
  • Our Seven Cultural Behaviors
    • Empowerment - We trust our people.
    • Ownership - We take 100% responsibility for our roles actions, and results.
    • Leadership - We all lead by example and talk direct with respect (DWR).
    • One Team - We are One Springs Team.
    • Customer First - We consider our customers' needs before every decision.
    • Continuous Innovation - We are constantly learning, innovating, and improving.
    • Speed - We define priorities and operate with a sense of urgency and agility.
Employment Type: OTHER

What Springs Window Fashions employees say

Pay

Benefits

Hours and flexibility

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