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Quantitative Modeling Jobs in Massachusetts (NOW HIRING)

AM Quantitative Analyst I

Boston, MA · On-site

$135K - $175K/yr

Performs quantitative research analysis and coordinates with other analysts, portfolio managers ... Employs financial models to develop solutions to financial problems or to assess the financial or ...

Quantitative Analyst

Boston, MA · On-site

$100K - $200K/yr

The team's work includes risk modeling, portfolio construction analysis, the creation of smart beta ... The Role The Quantitative Taxable team within Quantitative Research group is responsible for ...

Quantitative Analyst

Boston, MA · On-site

$100K - $200K/yr

The team's work includes risk modeling, portfolio construction analysis, the creation of smart beta ... The Role The Quantitative Taxable team within Quantitative Research group is responsible for ...

Showing results 21-40

Quantitative Modeling information

See Massachusetts salary details

$107K

$185.4K

$283.4K

How much do quantitative modeling jobs pay per year?

As of Aug 11, 2026, the average yearly pay for quantitative modeling in Massachusetts is $185,365.00, according to ZipRecruiter salary data. Most workers in this role earn between $146,900.00 and $217,300.00 per year, depending on experience, location, and employer.

What are typical daily tasks and projects for someone in a quantitative modeling role?

In a Quantitative Modeling position, your daily activities usually include analyzing large datasets, building and validating predictive models, and developing algorithms to solve business or financial problems. You might spend time coding, running simulations, and interpreting model outputs to inform strategy or risk assessment. Collaboration is common—you'll often work with data scientists, business analysts, or subject matter experts to refine models and ensure they're aligned with organizational goals. The work is intellectually stimulating and fast-paced, with opportunities to see your analytical insights directly impact decision-making.

What is a quantitative modeling?

A Quantitative Modeling job involves using mathematical, statistical, and computational techniques to analyze data and construct models that help businesses make informed decisions. Professionals in this field work in finance, risk management, economics, and other industries to develop predictive models, optimize strategies, and assess uncertainties. They often use programming languages like Python, R, or MATLAB, along with machine learning and statistical methods, to solve complex problems.

What are the key skills and qualifications needed to thrive in the quantitative modeling position, and why are they important?

To excel in Quantitative Modeling, a strong foundation in mathematics, statistics, and data analysis is essential, often complemented by a degree in a quantitative field such as mathematics, finance, engineering, or physics. Proficiency in programming languages like Python, R, MATLAB, or statistical software, as well as familiarity with data visualization tools and financial modeling certifications (such as CFA or FRM), is highly valued. Effective quantitative modelers possess strong problem-solving abilities, attention to detail, and the ability to communicate complex findings clearly to both technical and non-technical stakeholders. These skills enable accurate, data-driven decision-making and the creation of robust predictive models in business, finance, or technology sectors.

What are the most commonly searched types of Quantitative Modeling jobs in Massachusetts? The most popular types of Quantitative Modeling jobs in Massachusetts are:
Infographic showing various Quantitative Modeling job openings in Massachusetts as of August 2026, with employment types broken down into 89% Full Time, 9% Part Time, and 2% Contract. Highlights an 84% Physical, 5% Hybrid, and 11% Remote job distribution, with an average salary of $185,365 per year, or $89.1 per hour.

AM Quantitative Analyst I

Fidelity Investments

Boston, MA • On-site

$135K - $175K/yr

Full-time

Posted 27 days ago


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 271 frontline employees who took The Breakroom Quiz

15th of 150 rated financial services


Job description


Note: Fidelity will not provide immigration sponsorship for this position.
Position Description:
Performs quantitative research analysis and coordinates with other analysts, portfolio managers, and stakeholders across the firm to conduct research and development on quantitative Environmental, Social, and Governance (ESG) factors, models, and ratings. Delivers portfolio construction and risk analytics to support the company's funds and research efforts. Assists with the implementation of systematic ESG ratings, assessments of portfolio sustainability characteristics, quantitatively based portfolio construction, ESG risk management, and alpha generation analytics. Programs using Python, R, MATLAB, SQL, and VBA. Handles financial packages using portfolio management tools -- FactSet and Bloomberg. Employs financial models to develop solutions to financial problems or to assess the financial or capital impact of transactions. Evaluates capital needs of clients and assesses market conditions to inform structuring of financial packages.
Primary Responsibilities:
  • Implements quantitatively based equity alpha generation, portfolio construction, and risk management analytics.

  • Procures data and creates quantitative factors and models to facilitate the research and portfolio construction process.

  • Conducts research on new factors and data sets.

  • Creates models to facilitate the research and portfolio construction process.

  • Evaluates new risk models, develops screening tools, collects and conducts research on data for other quantitative analysts or portfolio managers.

  • Contributes to large scale initiatives with business partners across the enterprise.

  • Runs portfolio optimizations and provides research to fund managers through portfolio analyses or other empirical studies.

  • Informs investment decisions by analyzing financial information to forecast business, industry, or economic conditions.

  • Interprets data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs.

Education and Experience:
Bachelor's degree in Computer Science, Engineering, Finance, Statistics, or a closely related field (or foreign education equivalent) and three (3) years of experience as an AM Quantitative Analyst I (or closely related occupation) performing alpha modeling, portfolio construction, and risk management research using Python within am investment management environment.
Master's degree in Computer Science, Engineering, Finance, Statistics, or a closely related field (or foreign education equivalent) and no experience.
Skills and Knowledge:
Candidate must also possess:
  • Demonstrated Expertise ("DE") building quantitative models by transforming complex open-source and third-party vendor data into curated signals at the corporate issuer level (relating to ESG factors), to be used in alpha generation, portfolio construction, and to enhance investment decision-making, using Python.

  • DE researching and developing new systematic strategies using optimization techniques and performance attribution methods to meet diverse product needs of institutional and household clients, using back testing frameworks and multi factor risk model (Barra).

  • DE generating investment insights from company filings and data estimation (where information is missing or incomplete), using Machine Learning (ML), Natural Language Processing (NLP), and Large Language Models (LLMs).

  • DE performing ad hoc data analysis and modeling with alternative and traditional financial data, using Python and data extraction from SQL queries against relational databases (Snowflake), to enhance security selection and portfolio construction for portfolio managers and analysts.

Expertise may be gained during graduate degree program.
Salary: $135,000.00 - $175,000.00/year.
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Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Certifications:
Category:
Investment Professionals
Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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