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Quantitative Associate Jobs (NOW HIRING)

Also develops and documents the quantitative tools used to quantify credit risk, provide early identification of trends in compliance activities, and support other areas of the Bank in which ...

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Quantitative Associate information

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$31K

$90.6K

$146K

How much do quantitative associate jobs pay per year?

As of Jul 24, 2026, the average yearly pay for quantitative associate in the United States is $90,579.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,000.00 and $119,000.00 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.
More about Quantitative Associate jobs
What cities are hiring for Quantitative Associate jobs? Cities with the most Quantitative Associate job openings:
What are the most commonly searched types of Quantitative jobs? The most popular types of Quantitative jobs are:
Who are the top companies hiring for Quantitative Associate jobs? The top employers for Quantitative Associate jobs are:
What states have the most Quantitative Associate jobs? States with the most job openings for Quantitative Associate jobs include:
Infographic showing various Quantitative Associate job openings in the United States 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 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $90,579 per year, or $43.5 per hour.
Quantitative Trading & Research - FX Quantitative Trading - Associate

Quantitative Trading & Research - FX Quantitative Trading - Associate

JPMorgan Chase & Co.

Manhattan, NY • On-site

$150K - $200K/yr

Full-time

Medical, Retirement

Posted 2 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 492 frontline employees who took The Breakroom Quiz

61st of 150 rated banks


Job description


The FX Quantitative Trading team in New York is a dynamic team who are responsible for the coordination with the larger team to determine the desk's profitability. This team covers a wide range of responsibilities, including designing, trading and execution strategies.
Job summary:
As a Analyst or Associate within Quantitative Trading & Research (QTR) FX Quantitative Trading team, you will work as part of the QTR front-office team on the trading floor in New York. Given the dynamic nature of the environment, this role is tailored for an individual who is responsible, independent and able to work in smooth coordination with the larger team to determine the desk's profitability. You will get a chance to cover a wide range of responsibilities, these include designing trading and execution strategies; researching micro-patterns and trends; building, maintaining and upgrading applications & tools; supporting day-to-day operation.
Job responsibilities:
  • Create/modify/implement algorithmic orders to execute on behalf of clients as well as internal manual traders
  • Work closely with technology to develop cutting edge low latency infrastructure that meets business needs in a scalable manner
  • Intelligently utilize internal and non-public sources of liquidity to minimize the impact of algorithmic order execution
  • Create generic and bespoke post-trade transaction cost analysis models and reports for evaluation algorithmic order executions
  • Create pre-trade transaction cost analysis to help clients choose algorithmic orders for appropriate execution
  • Perform statistical analysis of algorithmic order execution for internal use and to drive iterative improvements
  • Understands firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policies

Required qualifications, capabilities, and skills:
  • Demonstrate an interest in market microstructures and quantitative trading.
  • Demonstrate design and programming skills, with a primary focus on object-oriented programming languages (C++, Java, C#, etc.) and Python.
  • Show an interest in applying agile development practices in a front-office trading environment.
  • Exhibit excellent verbal and written communication skills, as this position involves frequent interaction with different teams in the firm and many non-technical users.
  • Think strategically and creatively when faced with problems and opportunities. Eagerly look for new ways of doing things and understand the benefits of leveraging the firm's scale.
  • Demonstrate understanding in different types of risk and discuss in detail ways of managing these risks.
  • Communicate concepts and ideas, both verbally and via documentation, and defend their validity while targeting messages to different audiences.

Preferred qualifications, capabilities, and skills:
  • Degree in Engineering, Mathematics, Physics, Computer Science (or equivalent)
  • Direct experience of agile software methodologies.
  • Demonstrate macro markets experience and general trading concepts and terminology
  • Demonstrate experience of working with electronic venues

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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