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Stochastic Processes Jobs (NOW HIRING)

Experience analyzing non-linear dynamics, stochastic processes, or analog computing primitives * Understanding of information theory, and statistical mechanics as applied to physical systems

Strong foundation in mathematics and theoretical computer science, such as linear algebra, calculus, graph theory, computational geometry, combinatorial optimization algorithms, stochastic processes ...

... Stochastic Processes for Engineering/STAT 460 - Intermediate Applied Statistics/STAT 461 - Analysis of Variance STAT 462 - Applied Regression Analysis/STAT 463 - Applied Time Series Analysis/STAT 466 ...

Signal Processing Engineer

Arlington, VA · On-site

$87K - $157K/yr

... and stochastic processes - Demonstrated strong oral and written communication - Ability to work in a team environment, as well as independently - Adaptability to new challenges with a strong ...

Signal Processing Engineer

San Diego, CA · On-site

$87K - $157K/yr

... and stochastic processes - Demonstrated strong oral and written communication - Ability to work in a team environment, as well as independently - Adaptability to new challenges with a strong ...

... and stochastic processes - Demonstrated strong oral and written communication - Ability to work in a team environment, as well as independently - Adaptability to new challenges with a strong ...

Strong foundation in mathematics and theoretical computer science, such as linear algebra, calculus, graph theory, computational geometry, combinatorial optimization algorithms, stochastic processes ...

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Stochastic Processes information

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$41K

$84.1K

$151K

How much do stochastic processes jobs pay per year?

As of Jun 5, 2026, the average yearly pay for stochastic processes in the United States is $84,057.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,000.00 and $97,000.00 per year, depending on experience, location, and employer.

What is a Stochastic Processes job?

A Stochastic Processes job typically involves working with mathematical models that incorporate randomness and uncertainty. Professionals in this field analyze and apply probabilistic methods to various domains, such as finance, engineering, machine learning, and operations research. Common tasks include developing statistical models, simulating random systems, and optimizing decision-making under uncertainty. These roles often require expertise in probability theory, programming, and statistical analysis.

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

To excel in a Stochastic Processes role, you need a strong background in probability theory, mathematical modeling, statistical analysis, and typically a degree in mathematics, statistics, or a related quantitative field. Proficiency with tools such as MATLAB, R, Python, or specialized simulation software, as well as relevant certifications in data analysis or quantitative finance, is often required. Strong problem-solving abilities, attention to detail, and the ability to communicate complex concepts clearly are key soft skills in this field. These skills are vital to effectively analyze random systems, model uncertainty in real-world scenarios, and help guide data-driven decision-making across numerous industries.

What kinds of projects or problems do professionals working in stochastic processes typically address?

Professionals specializing in stochastic processes commonly tackle projects that involve modeling and predicting random systems, such as financial markets, inventory management, telecommunications networks, or biological processes. Typical responsibilities include developing and testing mathematical models, running simulations, analyzing large datasets, and providing actionable insights to support strategic business decisions. They often collaborate closely with data scientists, engineers, or business analysts depending on the industry, and their work can have a direct impact on optimizing operations or managing risk. Project scopes can range from short-term analyses to longer-term research and development initiatives, offering a dynamic and intellectually stimulating work environment.
What are the most commonly searched types of Stochastic Processes jobs? The most popular types of Stochastic Processes jobs are:
Infographic showing various Stochastic Processes job openings in the United States as of May 2026, with employment types broken down into 12% Locum Tenens, 35% As Needed, 2% Full Time, 27% Temporary, and 24% Nights. Highlights an 83% Physical, 6% Hybrid, and 11% Remote job distribution, with an average salary of $84,057 per year, or $40.4 per hour.

Undergraduate Teaching Assistant - Department of Statistics

Penn State University

University Park, PA • On-site

Part-time

Posted 13 hours ago


Penn State University rating

8.0

Company rating: 8.0 out of 10

Based on 99 frontline employees who took The Breakroom Quiz

149th of 532 rated colleges and universities


Job description

APPLICATION INSTRUCTIONS:
  • CURRENT PENN STATE EMPLOYEE (faculty, staff, technical service, or student), please login to Workday to complete the internal application process. Please do not apply here, apply internally through Workday.

  • CURRENT PENN STATE STUDENT (not employed previously at the university) and seeking employment with Penn State, please login to Workday to complete the student application process. Please do not apply here, apply internally through Workday.

  • If you are NOT a current employee or student, please click "Apply" and complete the application process for external applicants.

Approval of remote and hybrid work is not guaranteed regardless of work location. For additional information on remote work at Penn State, see Notice to Out of State Applicants.
JOB DESCRIPTION AND POSITION REQUIREMENTS:
The Department of Statistics has multiple vacancies available for students to serve as Undergraduate Teaching Assistants (UTA). Courses may include STAT 240 - Introduction to Biometry/STAT 318 - Elementary Probability/STAT 319 - Applied Statistics in Science/STAT 401 - Experimental Methods/STAT 414 - Introduction to Probability Theory/STAT 415 - Introduction to Mathematical Statistics/STAT 416 - Stochastic Modeling/STAT 418 - Introduction to Probability and Stochastic Processes for Engineering/STAT 460 - Intermediate Applied Statistics/STAT 461 - Analysis of Variance STAT 462 - Applied Regression Analysis/STAT 463 - Applied Time Series Analysis/STAT 466 - Survey Sampling/STAT 480 - Introduction to SAS/STAT 483 - Statistical Analysis System Programming.
Statistic UTA's will be involved with the grading of assignments for a given class based on a scoring rubric developed by the supervising faculty member. These might include daily problems, quizzes, pre-lab assignments, or laboratory reports. Qualified applicants should have taken the course they will be grading and earned at least a B+ or better and must have a minimum 3.0 cumulative GPA. Also, they should have good communication and interpersonal skills, be reliable and organized and have excellent time management skills. Preference will be given to students majoring or minoring in Statistics. Please upload a cover letter, resume, and a recent transcript with your application. Applications will be received on an ongoing basis and reviewed as the need arises.
The Pennsylvania State University is committed to and accountable for advancing diversity, equity, and inclusion in all of its forms. We embrace individual uniqueness, foster a culture of inclusion that supports both broad and specific diversity initiatives, leverage the educational and institutional benefits of diversity, and engage all individuals to help them thrive. We value inclusion as a core strength and an essential element of our public service mission.
CAMPUS SECURITY CRIME STATISTICS:
Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here.
Employment with the University will require successful completion of background check(s) in accordance with University policies.
EEO IS THE LAW
Penn State is an equal opportunity, affirmative action employer, and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473.
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