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Senior Quantitative Researcher Jobs in Indiana (NOW HIRING)

Senior Data Scientist (m/f/d)

Warsaw, IN ยท On-site

$120 - $180/hr

As a Senior Data Scientist in our Commercial & Marketing Intelligence team at Flix, you can make an ... Brings 5+ years of experience in a data science or quantitative research role, with handsโ€‘on ...

$90 - $150/hr

LSEG seeks a senior research analyst to continue and enhance its research into the commodities as ... Additional summaryThe role involves data collection and manipulation, quantitative and qualitative ...

Senior Analytical Chemist

Fishers, IN ยท On-site

$113K - $132K/yr

Use various analytical software, techniques, and equipment to carry out research and analytical ... and quantitative fit tests. WHAT WE OFFER * Competitive Salary: $113,000-$132,000 * Retirement ...

Senior Laboratory Tech

Fishers, IN ยท On-site

$64K - $95K/yr

Building Envelope - Fishers, IN ABOUT THE ROLE The Senior Lab Technician will support research and ... qualitative and quantitative fit tests. WHAT WE OFFER * Competitive Salary: $64,000-95,000

Senior Analytical Chemist

Fishers, IN ยท On-site

$113K - $132K/yr

Use various analytical software, techniques, and equipment to carry out research and analytical ... and quantitative fit tests. WHAT WE OFFER * Competitive Salary: $113,000-$132,000 * Retirement ...

As the Senior Machine Learning & Computer Vision Scientist, you will accelerate Elanco's R&D ... PhD in a quantitative field (e.g., Data Science, Engineering, Physics, Mathematics, Statistics ...

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Showing results 1-20

Senior Quantitative Researcher information

See Indiana salary details

$77.6K

$95.3K

$121.8K

How much do senior quantitative researcher jobs pay per year?

As of Aug 25, 2026, the average yearly pay for senior quantitative researcher in Indiana is $95,277.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,100.00 and $98,000.00 per year, depending on experience, location, and employer.

What is a senior quantitative researcher?

A Senior Quantitative Researcher is an expert who uses advanced mathematical, statistical, and computational techniques to analyze data and develop models, often in finance, technology, or scientific research. They lead research projects, create complex algorithms, and provide actionable insights from large datasets. Senior Quantitative Researchers also mentor junior team members, contribute to strategic decision-making, and help organizations gain a competitive edge through data-driven solutions.

What are some common challenges faced by senior quantitative researchers in collaborative projects with portfolio managers and engineers?

Senior Quantitative Researchers often encounter challenges when translating complex mathematical models into actionable strategies that can be implemented by portfolio managers and engineers. Effective communication is crucial, as technical concepts must be clearly explained to non-technical stakeholders. Additionally, balancing the need for rigorous, data-driven analysis with practical constraints such as computational resources and real-time market conditions can be demanding. Successful collaboration requires adaptability, proactive problem-solving, and a willingness to iterate on models based on feedback from cross-functional teams.

What are the key skills and qualifications needed to thrive as a senior quantitative researcher, and why are they important?

To thrive as a Senior Quantitative Researcher, you need advanced expertise in mathematics, statistics, and quantitative modeling, typically supported by a graduate degree in a quantitative field such as mathematics, physics, or engineering. Proficiency with programming languages like Python, R, or C++, data analysis tools, and experience with statistical software or high-performance computing platforms is crucial. Exceptional problem-solving ability, strong communication skills, and the capacity to work both independently and collaboratively distinguish top performers in this role. These skills and qualities are vital for developing robust quantitative models, delivering actionable insights, and driving data-driven decision-making within competitive research environments.

What is the difference between Senior Quantitative Researcher vs Quantitative Analyst?

AspectSenior Quantitative ResearcherQuantitative Analyst
Required CredentialsMaster's or PhD in Finance, Mathematics, or related field; strong programming skillsBachelor's or Master's in related fields; programming skills preferred
Work EnvironmentResearch-focused, often in finance, hedge funds, or asset management firmsData analysis, model development, often in finance or investment firms
Employer & Industry UsageUsed in hedge funds, asset managers, financial institutionsCommon in investment banks, asset management, financial services

The main difference is that Senior Quantitative Researchers typically lead complex research projects, develop new models, and have more advanced credentials, while Quantitative Analysts focus on data analysis, model implementation, and supporting trading strategies. Senior Quantitative Researchers often have more experience and responsibilities in research innovation.

What are the most commonly searched types of Quantitative Researcher jobs in Indiana?

The most popular types of Quantitative Researcher jobs in Indiana are:

What are popular job titles related to Senior Quantitative Researcher jobs in Indiana?

For Senior Quantitative Researcher jobs in Indiana, the most frequently searched job titles are:

What cities in Indiana are hiring for Senior Quantitative Researcher jobs?

Cities in Indiana with the most Senior Quantitative Researcher job openings:

Infographic showing various Senior Quantitative Researcher job openings in Indiana as of August 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 72% Physical, 6% Hybrid, and 22% Remote job distribution, with an average salary of $95,277 per year, or $45.8 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 17 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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