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Quantitative Research Associate Jobs in Illinois

Research Associate

Campus, IL · Hybrid

$29.12 - $31.20/hr

PERIL seeks a Research Associate supporting PERIL's research, evaluation, and programmatic ... and quantitative research activities. * Collect, organize, clean, and manage research data.

New

Research Associate

Itasca, IL · On-site +1

$65K - $71K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Research Associate contributes to NSC's research agenda by advancing evaluation efforts ... Collect, manage, and analyze quantitative and qualitative data using appropriate statistical and ...

Research Associate 3, 4, or 5

Energy, IL

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

The candidate will combine quantitative analytical skills with technical programming capabilities to support data-driven research and information systems. Job Responsibilities: Research Associate 3: ...

Quantitative Trader (Multi-Asset - Chicago)

Chicago, IL · On-site

$100K - $200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This role combines quantitative research, strategy development and live trading. The position offers meaningful ownership, direct impact on trading performance, and a path to increased risk-taking ...

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Showing results 1-20

Quantitative Research Associate information

See Illinois salary details

$30K

$87.8K

$141.5K

How much do quantitative research associate jobs pay per year?

As of Aug 17, 2026, the average yearly pay for quantitative research associate in Illinois is $87,774.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,900.00 and $115,300.00 per year, depending on experience, location, and employer.

What is a quantitative research associate?

Quantitative Research Associates are professionals who use advanced mathematical, statistical, and computational techniques to analyze data and solve complex problems, often in finance, economics, or scientific research. They typically work with large datasets to develop models, identify trends, and inform decision-making processes. Their work is crucial in areas such as investment banking, asset management, and risk analysis, where data-driven insights can lead to better strategies and outcomes.

What are the key skills and qualifications needed to thrive as a quantitative research associate?

To excel as a Quantitative Research Associate, you need strong quantitative analysis skills, experience with statistical modeling, and a relevant degree in mathematics, statistics, economics, or a related field. Proficiency in programming languages such as Python, R, or MATLAB, and familiarity with data analysis tools and financial databases are typically required. Exceptional problem-solving, attention to detail, and the ability to communicate complex findings clearly make candidates stand out. These skills are crucial for producing accurate research insights that drive effective decision-making and strategic planning.

What are the typical collaboration opportunities for a quantitative research associate within a financial institution?

Quantitative Research Associates frequently collaborate with portfolio managers, data scientists, and software engineers to develop and refine financial models and trading strategies. This cross-functional teamwork is essential for integrating new research insights into existing investment processes and ensuring that models are robust and actionable. Associates often participate in regular meetings to discuss research findings, share market insights, and troubleshoot model performance, fostering a dynamic and intellectually stimulating work environment. This collaborative structure also offers valuable exposure to different facets of the business, which can accelerate professional growth.

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

AspectQuantitative Research AssociateQuantitative Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; often pursuing or holding a master'sBachelor's or master's degree in finance, mathematics, or related field; certifications like CFA are common
Work EnvironmentResearch-focused, often in finance or investment firms, supporting trading or investment strategiesData analysis and modeling in finance, risk management, or trading departments
Employer & Industry UsageUsed in asset management, hedge funds, and investment banksCommon in hedge funds, investment banks, and financial institutions

While both roles involve quantitative analysis, a Quantitative Research Associate primarily focuses on developing and testing investment strategies through research, whereas a Quantitative Analyst emphasizes building models and analyzing data to inform trading and risk decisions. The roles often overlap but differ in their core focus and daily tasks.

Is quantitative research a good career?

Quantitative research is a valuable career for those interested in data analysis, statistical modeling, and financial or market research. It often requires strong skills in mathematics, programming, and statistical software, and can offer opportunities in finance, consulting, and technology sectors with competitive salaries and growth potential.

What are the most commonly searched types of Quantitative Research jobs in Illinois?

The most popular types of Quantitative Research jobs in Illinois are:

What are popular job titles related to Quantitative Research Associate jobs in Illinois?

For Quantitative Research Associate jobs in Illinois, the most frequently searched job titles are:

What cities in Illinois are hiring for Quantitative Research Associate jobs?

Cities in Illinois with the most Quantitative Research Associate job openings:

Infographic showing various Quantitative Research Associate job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 26% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $87,774 per year, or $42.2 per hour.

Research Associate

American

Campus, IL • Hybrid

$29.12 - $31.20/hr

Full-time

Posted 2 days ago

New


Job description

American University is a student-centered research institution located in Washington, DC, with highly-ranked schools and colleges, internationally-renowned faculty, and a reputation for creating meaningful change in the world. Learn more about American University

Department:

School of Public Affairs

Time Type:

Full time


Job Type:

Temporary (Fixed Term)

FLSA Status:

Non-Exempt

Work Modality:

Hybrid 01 (On Campus 3-4 Days/Week)

Union:

Excluded

Job Description:

Summary:

American University is an equal-opportunity employer committed to a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

The Polarization and Extremism Research Innovation Lab (PERIL) at American University is a leading research center dedicated to studying and preventing extremism through evidence-based intervention programs. The Polarization & Extremism Research & Innovation Lab is an applied research lab preventing radicalization to violent extremism by strengthening community resilience.

PERIL seeks a Research Associate supporting PERIL's research, evaluation, and programmatic initiatives by assisting with research activities, data collection and analysis, literature reviews, project coordination, and administrative support for research projects. This position is designed for an early-career professional who is eager to develop research skills while contributing to evidence-based work focused on preventing polarization, hate, and violent extremism. Working closely with researchers and project teams, the Research Associate will help ensure projects are completed accurately, efficiently, and on schedule in the Interventions Division of PERIL.

This position will end on August 1, 2028. The position may be eligible for renewal based on funding.

Essential Functions:

1.) Research Support

  • Conduct literature reviews and summarize research findings.

  • Assist with qualitative and quantitative research activities.

  • Collect, organize, clean, and manage research data.

  • Support survey development, interview scheduling, and data collection.

  • Assist with coding qualitative data using established methodologies.

  • Help prepare research reports, briefs, manuscripts, and presentations.

  • Verify citations and maintain research documentation.

2.) Project Coordination

  • Assist with project timelines and deliverables.

  • Coordinate meetings and prepare agendas and meeting notes.

  • Track project milestones and action items.

  • Support grant reporting requirements and documentation.

  • Maintain organized project files and research records.

  • Prepare and provide reports and updates to funders, leadership, and other key stakeholders on grant status, budget utilization, and project outcomes.

3.) Partnership and Outreach

  • Cultivate and maintain relationships with academic institutions, nonprofit organizations, government agencies, and community groups.

  • Assist in developing materials for presentations, reports, and public communications to support PERIL's initiatives.

  • Contribute to the creation of educational and training materials for external partners, including toolkits, guides, and other PERIL resources.

  • Track and analyze outreach metrics to evaluate the effectiveness of engagement efforts and provide data-driven recommendations for improvement.

4.) Data and Analysis and Administrative Support

  • Perform basic statistical analyses under supervision.

  • Prepare tables, charts, and visualizations.

  • Assist with quality assurance and data validation.

  • Maintain confidentiality of research participants and sensitive information.

  • Assist with scheduling research activities.

  • Coordinate travel and logistics when needed.

  • Support event planning, trainings, and workshops.

  • Prepare materials for meetings and presentations.

5.) Other Duties as Assigned

Supervisory Responsibility:

  • Manage students in execution of their project activities.

Position Type/Expected Hours of Work:

  • Full-time.

  • 35 hours per week.

  • Hybrid 1 work modality - 3 days in the office.

  • Continuation of the program/position is contingent upon external funding.

  • This is a temporary full-time position ending on or before 08/01/2028.

Salary Range:

  • $29.12 - $31.20 per hour.

Required Education and Experience:

  • Bachelor's degree.

  • 2 - 4 years of relevant experience.

  • Experience in program or project management, preferably in a nonprofit, academic, or research setting.

  • Strong organizational skills with the ability to manage multiple priorities and deadlines.

  • Excellent communication and stakeholder engagement skills.

Preferred Education and Experience:

  • Master's degree or equivalent.

  • 3 - 5 years of relevant experience.

Travel:

  • Occasional travel for meetings, conferences, or research activities.

Additional Eligibility Qualifications:

  • Excellent organizational skills, attention to detail, and the ability to manage competing priorities effectively.Understanding of research methods.

  • Knowledge of intervention approaches to reduce radicalization.

  • Ability to work effectively and collaboratively with a team on a variety of research projects.

  • Excellent written, verbal, and interpersonal communication skills.

  • Strong Microsoft Office Suite skills.

  • Knowledge of project management tools.

Work Authorization/Security Clearance:

  • Candidates must be able to provide proof of eligibility to work in the USA and live in the DMV area.

  • No visa sponsorship is offered for this position.

  • Security Clearance is not applicable.

Other Duties:

  • Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Benefits

AU offers a competitive benefits package.Click here to learn about American University's unique benefit options.

Other Details

  • Hiring offers for this position are contingent on successful completion of a background check.

  • Employees in staff positions at American University must deliver their services to the university from either the District of Columbia, Maryland, or Virginia, or perform work on-site at the university.

  • Please note this job announcement is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

  • American University is an E-Verify employer.

Current American University Employees

American University current employees must apply through their employee Workday account. If you are a current employee at American University, please log intoWorkdayand select the Find Jobs report which will take you to our internal career listings.

Contact Us

For more information or assistance with the American University careers site, emailtheworkline@american.edu.

American University is an equal opportunity, affirmative action institution that operates in compliance with applicable laws and regulations. The university does not discriminate on the basis of race, color, national origin, religion, sex (including pregnancy), age, sexual orientation, disability, marital status, personal appearance, gender identity and expression, family responsibilities, political affiliation, source of income, veteran status, an individual's genetic information or any other bases under federal or local laws (collectively "Protected Bases") in its programs and activities.