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Quantitative Finance Analyst Jobs in Iowa (NOW HIRING)

Model Risk Co-Op

Des Moines, IA ยท On-site

$22/hr

... Quantitative Finance, Statistics, Mathematics, Economics, or other quantitative discipline. * Understanding of financial market concepts and basic fixed-income analytics. * Understanding of ...

New

Performs financial modeling and valuation analysis. Prepares models and analyses for various ... Strong quantitative skills, as well as highly developed written and oral communication skills.

Performs financial modeling and valuation analysis. Prepares models and analyses for various ... Strong quantitative skills, as well as highly developed written and oral communication skills.

Performs financial modeling and valuation analysis. Prepares models and analyses for various ... Strong quantitative skills, as well as highly developed written and oral communication skills.

Performs financial modeling and valuation analysis. Prepares models and analyses for various ... Strong quantitative skills, as well as highly developed written and oral communication skills.

Most cases have quantitative and qualitative elements, though some will be more quantitative and ... Developing financial and economic models; * Analyzing large datasets; * Examining market and ...

Most cases have quantitative and qualitative elements, though some will be more quantitative and ... Developing financial and economic models; * Analyzing large datasets; * Examining market and ...

Most cases have quantitative and qualitative elements, though some will be more quantitative and ... Developing financial and economic models; * Analyzing large datasets; * Examining market and ...

Most cases have quantitative and qualitative elements, though some will be more quantitative and ... Developing financial and economic models; * Analyzing large datasets; * Examining market and ...

Most cases have quantitative and qualitative elements, though some will be more quantitative and ... Developing financial and economic models; * Analyzing large datasets; * Examining market and ...

Most cases have quantitative and qualitative elements, though some will be more quantitative and ... Developing financial and economic models; * Analyzing large datasets; * Examining market and ...

Most cases have quantitative and qualitative elements, though some will be more quantitative and ... Developing financial and economic models; * Analyzing large datasets; * Examining market and ...

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Quantitative Finance Analyst information

See Iowa salary details

$53.1K

$125.7K

$225.4K

How much do quantitative finance analyst jobs pay per year?

As of Sep 4, 2026, the average yearly pay for quantitative finance analyst in Iowa is $125,746.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,700.00 and $136,700.00 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 cities in Iowa are hiring for Quantitative Finance Analyst jobs?

Cities in Iowa with the most Quantitative Finance Analyst job openings:

Infographic showing various Quantitative Finance Analyst job openings in Iowa as of August 2026, with employment types broken down into 1% As Needed, 90% Full Time, 7% Part Time, and 2% Contract. Highlights an 79% Physical, 8% Hybrid, and 13% Remote job distribution, with an average salary of $125,746 per year, or $60.5 per hour.

Model Risk Co-Op

FHLB Des Moines

Des Moines, IA โ€ข On-site

$22/hr

Full-time

Posted 3 days ago

New


Job description

At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.

At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.
The Model Risk Co-Op will play an important role in assessing the Bank's model risk through End User Computing Tool (EUC) validations, model validations, risk reviews, and ongoing analysis. The Co-Op will assist the Model Risk Management Group (MRMG) in validating EUCs and financial models throughout the Bank in order to assess model reasonableness, weaknesses, and risks. The Co-Op will interact with model owners/users across the Bank to understand current model performance, development activities, and emerging risks.

Accountabilities:

Responsibilites:

  • Participate in End User Computing Tool (EUC) and Model Validation projects to conduct robust and comprehensive testing and analysis according to the Bank's policies and relevant regulatory guidelines.
  • Participate in generating validation reports detailing conclusions of the model/EUC validation and discuss findings and recommendations with management and model owners.
  • Provide analytical support for other departmental tasks as needed.
  • Assist in other model/EUC validation activities, such as assessing the control aspects of models and model-related EUCs.

Qualifications:

  • Working towards a graduate or undergraduate degree or a recent graduate with concentration in Quantitative Finance, Statistics, Mathematics, Economics, or other quantitative discipline.
  • Understanding of financial market concepts and basic fixed-income analytics.
  • Understanding of stochastic processes, time series analysis, principal component analysis, optimization, logistic regression, Monte Carlo simulation.
  • Proficiency with Microsoft Office applications (Excel, Word, PowerPoint, Outlook).
  • Previous internship or graduate/undergraduate research experience in a related field, such as model validation, financial modeling, data science, machine leaning and predicative modeling is desirable.
  • Proficiency with at least one of the programming languages such as Python or R is desirable.
  • Strong written and oral communication skills required. Ability to write clear technical reports and memos. Must be able to communicate and maintain relationships with model owners and other stakeholders.

Compensation Range:

Hourly: $22.00 - $22.00

This compensation range represents the Bank's good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant's education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data.

At FHLB Des Moines, we work to create an inclusive culture. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.