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Quantitative Finance Analyst Jobs in Indiana (NOW HIRING)

The Financial Analyst is an entry level role that supports Everwise by analyzing and reporting on ... Exceptional communication skills, to include verbal, written, visual, and quantitative * Adept at ...

The Financial Analyst is an entry level role that supports Everwise by analyzing and reporting on ... Exceptional communication skills, to include verbal, written, visual, and quantitative * Adept at ...

... finance, business or other quantitative field. CPA a plus. Experience: Minimum of three years ... Must demonstrate strong analytical and accounting skills. Must have excellent verbal and written ...

Financial Analyst

Columbia City, IN ยท On-site

$19.75 - $29.62/hr

... finance, business or other quantitative field. CPA a plus. Experience: Minimum of three years ... Must demonstrate strong analytical and accounting skills. Must have excellent verbal and written ...

... finance, business or other quantitative field. CPA a plus. Experience: Minimum of three years ... Must demonstrate strong analytical and accounting skills. Must have excellent verbal and written ...

Financial Analyst

Chesterton, IN ยท On-site

$100K - $115K/yr

AVP Finance Location: Portage, IN Overview of Position: Phoenix Global is the premier international ... Conduct quantitative analyses surrounding budgeting, forecasting and analysis to support company ...

Senior Financial Analyst

Indianapolis, IN ยท On-site +1

$81K - $101K/yr

We are looking for a Senior Financial Analyst to provide world-class accounting and finance support ... finance * Excellent quantitative skills with strong experience in Excel and familiarity with ...

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Quantitative Finance Analyst information

See Indiana salary details

$53.8K

$127.4K

$228.4K

How much do quantitative finance analyst jobs pay per year?

As of Aug 23, 2026, the average yearly pay for quantitative finance analyst in Indiana is $127,393.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,100.00 and $138,500.00 per year, depending on experience, location, and employer.

What is a quantitative finance analyst?

A Quantitative Finance Analyst, often called a 'quant,' is a professional who uses mathematical models, statistics, and computer programming to analyze financial markets and securities. Their work typically involves developing trading algorithms, assessing risk, and pricing complex financial instruments. Quants play a critical role in investment banks, hedge funds, and asset management firms, helping organizations make data-driven investment decisions. They usually have strong backgrounds in mathematics, statistics, finance, and programming.

What are the key skills and qualifications needed to thrive as a quantitative finance analyst?

To thrive as a Quantitative Finance Analyst, you need a strong background in mathematics, statistics, programming, and finance, often supported by a degree in a quantitative field such as mathematics, finance, or engineering. Proficiency in technical tools like Python, R, MATLAB, and familiarity with financial modeling platforms and databases is typically required, along with certifications such as CFA or FRM being advantageous. Strong analytical thinking, attention to detail, and effective communication skills help you interpret data, collaborate with teams, and present actionable insights to stakeholders. These skills are crucial for developing accurate financial models, managing risk, and driving data-driven decision-making in fast-paced financial environments.

What are some common challenges quantitative finance analysts face when developing and implementing new financial models?

Quantitative Finance Analysts often encounter challenges such as ensuring data quality and accuracy, managing the complexity of mathematical models, and aligning models with real-world market behavior. They must also navigate regulatory constraints and work closely with IT and trading teams to integrate models into production systems. Staying updated on the latest quantitative techniques and adapting to rapidly changing market conditions are crucial for success in this role.

What is the difference between Quantitative Finance Analyst vs Quantitative Research Analyst?

AspectQuantitative Finance AnalystQuantitative Research Analyst
Required CredentialsDegree in Finance, Economics, or Mathematics; often CFA or FRM certificationsDegree in Mathematics, Statistics, or Computer Science; similar certifications may apply
Work EnvironmentFinancial institutions, hedge funds, asset management firmsResearch firms, hedge funds, financial technology companies
Employer & Industry UsageUsed for developing trading strategies, risk management, and financial modelingFocuses on developing new models, algorithms, and research for trading and investment

Both roles involve quantitative skills and financial knowledge, but Quantitative Finance Analysts typically focus on applying models to trading and risk management, while Quantitative Research Analysts emphasize developing new research methods and algorithms for investment strategies.

What are popular job titles related to Quantitative Finance Analyst jobs in Indiana?

For Quantitative Finance Analyst jobs in Indiana, the most frequently searched job titles are:

Infographic showing various Quantitative Finance Analyst job openings in Indiana as of August 2026, with employment types broken down into 89% Full Time, and 11% Part Time. Highlights an 89% In-person, and 11% Remote job distribution, with an average salary of $127,393 per year, or $61.2 per hour.

Quantitative Modeling and Research Analyst (II or Senior)

Federal Home Loan Bank of Indianapolis

Indianapolis, IN โ€ข On-site

$93 - $110/hr

Other

Medical, Dental, Vision, Retirement

Re-posted 15 days ago


Job description

FHLBank Indianapolis is a financial institution that provides liquidity and support to banks, credit unions, community development financial institutions and insurers in Indiana and Michigan, with a focus on affordable housing and community development.

About the Role

The Senior Quantitative Modeling/Research Analyst is responsible for developing, maintaining, and operating financial models across the organization within the Modeling & Analytics Group of the Enterprise Risk Management department.

Responsibilities
  • Implement, test, and operate a diverse range of models for loan valuation, pledged collateral hairโ€‘cut, probability of default, and loss estimation.
  • Utilize statistical and computational techniques to evaluate, calibrate, and tune credit and market risk models.
  • Establish and maintain model documentation covering theory, settings, assumptions, change control, performance monitoring, and user guides in coordination with Model Risk Management and regulatory advisory bulletins.
  • Explain model details, theory, assumptions, and settings to model users and other stakeholders across the organization.
  • Support model validation requests and address findings or recommendations.
  • Interact directly with model validators and regulators regarding model settings, assumptions, and implementation.
  • Lead the process to develop required model enhancements.
  • Stay current on methodologies, mathematical, analytical, and computational techniques related to model management and development.
Competencies
  • Business Analytics Knowledge
  • Research Knowledge
  • Quantitative Implementation Knowledge
  • General Maintaining Institutional Knowledge
  • Resultsโ€‘driven
  • Time Management
  • People Communication
  • Interpersonal Skills
Position Requirements
  • Graduate degree in Mathematics, Quantitative Analysis, Statistics, Operations Research, Financial Engineering, or a related quantitative field (Master or PhD preferred).
  • CFA or/and FRM certifications are a plus.
  • Preferred 3+ years of experience in quantitative research, risk management, or related work.
  • Model development experience strongly preferred.
  • Experience in commonly used programming languages such as Python or C/C++.
  • Experience with Asset/Liability and valuation software models (e.g., Polypaths, QRM) is a plus.
  • Experience with database management concepts and tools such as SQL is a plus.
  • Attention to detail, ability to multiโ€‘task, and a high degree of initiative and independence.
  • Verbal, written, and interpersonal skills to communicate effectively with all levels of bank personnel.
  • Must not have been convicted of any civil or criminal charge that would suggest a risk to bank security.
  • Ability to work fullโ€‘time and uphold the bankโ€™s Guiding Principles.
Hiring Range

$93,000 - $110,000 (base salary; not inclusive of incentive awards, retirement benefits, or ancillary benefits).

Benefits
  • Hybrid workforce model: onsite three days a week, two days remote, with remote flex days available.
  • Competitive pay and total rewards.
  • Industryโ€‘high 401(k) match: up to 6% plus an additional 4% contribution.
  • Tuition reimbursement assistance.
  • Student loan repayment assistance.
  • Medical, dental, vision, and pet insurance.
  • Generous time off: vacation, paid federal holidays, birthday month floating holiday, volunteer day, and summer hour program.
  • โ€œDress for your dayโ€ dress code: choose the appropriate work attire based on your schedule.
Equal Opportunity Employment

FHLBank Indianapolis is an Equal Opportunity Employer. The bank is committed to recruiting, hiring, developing, and retaining a diverse workforce by providing an environment that enables success for all employees.

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