1

Quantitative Financial Analyst Intern Jobs in Raleigh, NC

Experience Work requires experience in research and financial analysis, generally acquired through ... Develop quantitative models to assess investment manager factor exposures and identify drivers of ...

Quantitative Associate

Durham, NC · On-site

$125K - $140K/yr

Experience Work requires experience in research and financial analysis, generally acquired through ... Develop quantitative models to assess investment manager factor exposures and identify drivers of ...

Senior Financial Analyst

Raleigh, NC · On-site

$83K - $103K/yr

Performs quantitative analysis and financial modeling of internal and external data to provide insight on drivers of profitability. * Monitors and analyzes financial data and key business metrics to ...

Senior Financial Analyst

Raleigh, NC · On-site

$83K - $103K/yr

Performs quantitative analysis and financial modeling of internal and external data to provide insight on drivers of profitability. * Monitors and analyzes financial data and key business metrics to ...

... finance, project finance, investment analysis, or a related field. * Bachelor's degree in Finance, Accounting, Economics, Business, Engineering, or a related discipline. A strong quantitative ...

... finance, project finance, investment analysis, or a related field. * Bachelor's degree in Finance, Accounting, Economics, Business, Engineering, or a related discipline. A strong quantitative ...

Finance Intern

Raleigh, NC

$17.25 - $22.50/hr

Financial Reporting : Assisting with quarterly and annual reports * Budgeting & Forecasting ... Participating in planning and analysis * Internal Controls (ICFR) : Supporting compliance and ...

Finance Intern

Raleigh, NC · On-site

$17.25 - $22.50/hr

Financial Reporting : Assisting with quarterly and annual reports * Budgeting & Forecasting ... Participating in planning and analysis * Internal Controls (ICFR) : Supporting compliance and ...

next page

Showing results 1-20

Quantitative Financial Analyst Intern information

See Raleigh, NC salary details

$11

$21

$40

How much do quantitative financial analyst intern jobs pay per hour?

As of Jul 16, 2026, the average hourly pay for quantitative financial analyst intern in Raleigh, NC is $21.88, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $23.85 per hour, depending on experience, location, and employer.

What is the difference between Quantitative Financial Analyst Intern vs Quantitative Financial Analyst?

AspectQuantitative Financial Analyst InternQuantitative Financial Analyst
CredentialsTypically pursuing or recent graduate with a degree in finance, mathematics, or related fieldUsually holds a bachelor’s or master’s degree in finance, mathematics, or related field; may have relevant certifications
Work EnvironmentInternship programs, often part-time or summer roles within financial firms or investment banksFull-time position within financial institutions, hedge funds, or asset management firms
ResponsibilitiesAssisting with data analysis, model testing, and research under supervisionDeveloping models, analyzing financial data, and supporting investment decisions

The main difference between a Quantitative Financial Analyst Intern and a Quantitative Financial Analyst lies in experience and responsibilities. Interns are typically students gaining exposure, while analysts are full-time professionals performing advanced financial modeling and analysis.

What types of projects and responsibilities can a Quantitative Financial Analyst Intern expect during their internship?

As a Quantitative Financial Analyst Intern, you can expect to work on projects such as developing financial models, conducting statistical analyses of market data, and supporting the implementation of trading strategies. Interns often collaborate closely with senior analysts and portfolio managers, gaining hands-on experience with real-time financial data and learning to use industry-standard tools like Python, R, or MATLAB. These roles typically involve both independent problem-solving and teamwork, offering exposure to the fast-paced environment of finance. Successfully completing an internship in this area can open doors to full-time opportunities and provide a solid foundation for a career in quantitative finance.

What does a Quantitative Financial Analyst Intern do?

A Quantitative Financial Analyst Intern assists in analyzing financial data using mathematical models and statistical techniques. Their work often involves programming, data analysis, and working with large datasets to support investment strategies or risk management decisions. Interns collaborate with senior quantitative analysts to develop tools, backtest financial models, and interpret results. This role provides hands-on experience in finance, programming, and quantitative research, preparing interns for full-time roles in quantitative finance.

What are the key skills and qualifications needed to thrive as a Quantitative Financial Analyst Intern, and why are they important?

To thrive as a Quantitative Financial Analyst Intern, you need strong analytical and mathematical skills, a solid foundation in statistics or finance, and enrollment in a relevant degree program such as mathematics, finance, or computer science. Familiarity with programming languages like Python or R, experience with data analysis tools, and knowledge of financial modeling are typically required. Attention to detail, problem-solving abilities, and effective communication help interns excel in collaborative, fast-paced environments. These skills and qualities are essential for interpreting complex data, generating actionable insights, and supporting informed decision-making in financial markets.
What job categories do people searching Quantitative Financial Analyst Intern jobs in Raleigh, NC look for? The top searched job categories for Quantitative Financial Analyst Intern jobs in Raleigh, NC are:
What cities near Raleigh, NC are hiring for Quantitative Financial Analyst Intern jobs? Cities near Raleigh, NC with the most Quantitative Financial Analyst Intern job openings:
Infographic showing various Quantitative Financial Analyst Intern job openings in Raleigh, NC as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 81% Full Time, 11% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $45,502 per year, or $21.9 per hour.
Quantitative Associate

$125K - $140K/yr

Other

Medical, Dental, Retirement

Re-posted 2 days ago


Duke University rating

6.7

Company rating: 6.7 out of 10

Based on 55 frontline employees who took The Breakroom Quiz

436th of 555 rated colleges and universities


Job description

Be You. Be Bold. Choose Duke.   Be You.
DUMAC is the investment office that manages a multi-billion dollar global portfolio on behalf of Duke University and other pools of capital. Our mission is to provide critical financial support to the university for professorships, student scholarships, and pioneering research. The Data Science & Risk team serves as a central quantitative hub, partnering with all investment groups to drive data-informed decision-making, enhance portfolio construction, and manage risk.
 
DUMAC is seeking a highly motivated and intellectually curious Quantitative Associate/Analyst to join our Data Science & Risk team. This role is designed to provide deep, cross-functional exposure to all aspects of institutional investing. You will work on high-impact projects that span our Public, Private, and Direct investment portfolios, as well as our back-office operations.
This position offers a robust training ground for a career in quantitative finance and asset management, with the potential for long-term advancement within the organization for exceptional performers. You will be a key contributor to the team, bringing fresh perspectives and technical skills to solve complex investment challenges.

 

  Minimum Qualifications Education

Work requires communications and analytical skills generally acquired through completion of a bachelor's degree program. An MBA and CFA are preferred.

  Experience

Work requires experience in research and financial analysis, generally acquired through two years of related experience. OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE

    Be Bold. What You'll Do:
  • Analyze and model portfolio exposures, performance, and risk across a diverse range of asset classes.
  • Develop quantitative models to assess investment manager factor exposures and identify drivers of return.
  • Contribute to private asset cash flow forecasting and pacing models to inform portfolio construction and liquidity management.
  • Research, develop, and backtest systematic investment strategies in collaboration with investment teams.
  • Explore and implement AI/ML techniques to enhance investment decision-making and optimize operational workflows.
  • Design, build, and maintain interactive dashboards and visualizations to communicate complex data and insights to stakeholders across the organization.
  • Collaborate with investment professionals and operational teams (Finance, Legal) on a variety of cross-functional projects.
  What We're Looking For
  • Bachelor's or Master's degree in a quantitative field such as Finance, Economics, Statistics, Computer Science, Engineering, or Mathematics.
  • A demonstrated passion for investing and a strong desire to learn about financial markets.
  • Strong proficiency in R or Python for data analysis, modeling, and automation.
  • Excellent communication skills with the ability to articulate complex technical concepts to non-technical audiences.
  • An independent thinker with a proactive mindset and a high degree of intellectual curiosity.
  • Experience building dashboards and data visualizations using tools like R Shiny, Python Dash, Tableau, or Power BI.
  • Familiarity with financial markets, different asset classes, and investment concepts is a plus, but not required.
  • Prior internship or project experience in finance, asset management, or a related quantitative field for Quantitative Analyst; 3-5-year relevant work experience for Quantitative Associate.
  • Exposure to machine learning libraries (e.g., scikit-learn, TensorFlow, PyTorch) and techniques.
  • Experience with database querying (e.g., SQL).
    Choose Duke.   Why Join DUMAC?
  • Impact: Play a critical role in supporting the mission of a world-class university.
  • Exposure: Gain unparalleled experience across public and private markets, working directly with seasoned investment professionals.
  • Growth: Join a collaborative, mentorship-driven environment with a clear path for professional development and learning.
  • Culture: Be part of a dynamic, intellectually stimulating team that sits at the intersection of technology and finance.

Anticipated Pay Range: Duke University provides an annual base salary range for this position as USD $125,000.00 to USD $140,000.00. Duke University considers factors such as (but not limited to) scope and responsibilities of the position; candidate's work experience, education/training, and key skills; internal peer equity; as well as market and organizational considerations when extending an offer.


Your total compensation goes beyond the dollars on your paycheck. Duke provides comprehensive and competitive medical and dental care programs, generous retirement benefits, and a wide array of family-friendly and cultural programs to eligible team members. Learn more at: https://hr.duke.edu/benefits/


Equal Opportunity Employer: Duke is an Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex (including pregnancy and pregnancy- related conditions), sexual orientation, or military status.


Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas-an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.


Essential Physical Job Functions:
Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and reasonable accommodation(s) can be requested with Duke Access and Accommodations Services (email: DAAS@duke.edu; phone: 919-668-1267).

What Duke University employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Duke University logo

About Duke University

Sourced by ZipRecruiter

Duke is regarded as one of America's leading research universities. Located in Durham, North Carolina, Duke is positioned in the heart of the Research Triangle, which is ranked annually as one of the best places in the country to work and live. Duke has more than 15,000 students who study and conduct research in its 10 undergraduate, graduate, and professional schools. With about 40,000 employees, Duke is the third largest private employer in North Carolina, and it now has international programs in more than 150 countries.

Industry

Colleges, universities, and professional schools and hospitals

Company size

10,000+ Employees

Headquarters location

Durham, NC, US