Log In

Register

Recover Password

2021 Financial Quantitative Analysts Salary Guide

Develop quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develop mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.

Financial Quantitative Analysts Salary

Salary

$83.7K

Growth

6%

Bright Outlook

Bright

Green

No

Financial Quantitative Analysts Job Description

Develop quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develop mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.

Also known as:

Investment Strategist, Portfolio Manager, Quantitative Analyst, Quantitative Research Analyst, Quantitative Strategy Analyst, Research Analyst

How Much Do Financial Quantitative Analysts Make ? 2021

Percentile 10% 25% 50% (Median) 75% 90%
Annual Wage $48,760 $63,670 $83,660 $112,460 $159,560
Hourly Wage $23.44 $30.61 $40.22 $54.07 $76.71

How Much Do Financial Quantitative Analysts Make ? 2021

Percentile
10%
25%
50% (Median)
75%
90%
Annual Wage
$48,760
$63,670
$83,660
$112,460
$159,560
Hourly Wage
$23.44
$30.61
$40.22
$54.07
$76.71

Financial Quantitative Analysts Tasks

  • Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
  • Provide application or analytical support to researchers or traders on issues such as valuations or data.
  • Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
  • Maintain or modify all financial analytic models in use.
  • Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
  • Research new financial products or analytics to determine their usefulness.
  • Devise or apply independent models or tools to help verify results of analytical systems.
  • Define or recommend model specifications or data collection methods.
  • Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
  • Interpret results of financial analysis procedures.
  • Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.
  • Produce written summary reports of financial research results.
  • Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
  • Identify, track, or maintain metrics for trading system operations.
  • Prepare requirements documentation for use by software developers.
  • Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
  • Analyze pricing or risks of carbon trading products.
  • Develop solutions to help clients hedge carbon exposure or risk.
  • Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues.
  • Develop tools to assess green technologies or green financial products, such as green hedge funds or social responsibility investment funds.
  • Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities.

What Activities Do Financial Quantitative Analysts Do?

  • Apply mathematical models of financial or business conditions.
  • Advise others on analytical techniques.
  • Develop business or financial information systems.
  • Apply mathematical models of financial or business conditions.
  • Apply mathematical models of financial or business conditions.
  • Assess the cost effectiveness of products, projects, or services.
  • Apply mathematical models of financial or business conditions.
  • Advise others on analytical techniques.
  • Confer with personnel to coordinate business operations.
  • Analyze business or financial data.
  • Develop financial analysis methods.
  • Prepare financial documents, reports, or budgets.
  • Discuss business strategies, practices, or policies with managers.
  • Monitor business indicators.
  • Develop technical specifications for systems or equipment.
  • Develop business or financial information systems.
  • Analyze risks related to investments in green technology.
  • Develop financial analysis methods.
  • Develop financial analysis methods.
  • Develop financial analysis methods.
  • Measure effectiveness of business strategies or practices.

Typical Financial Quantitative Analysts Knowledge?

  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

What Are Typical Financial Quantitative Analysts Abilities?

  • Mathematical Reasoning - Choosing the right type of math to solve a problem.
  • Number Facility - Adding, subtracting, multiplying, or dividing.
  • Inductive Reasoning - Making general rules or coming up with answers from lots of detailed information.
  • Deductive Reasoning - Using rules to solve problems.
  • Written Comprehension - Reading and understanding what is written.
  • Oral Comprehension - Listening and understanding what people say.
  • Oral Expression - Communicating by speaking.
  • Speech Recognition - Recognizing spoken words.
  • Information Ordering - Ordering or arranging things.
  • Problem Sensitivity - Noticing when problems happen.
  • Written Expression - Communicating by writing.
  • Fluency of Ideas - Coming up with lots of ideas.
  • Speech Clarity - Speaking clearly.
  • Near Vision - Seeing details up close.

What Are Typical Financial Quantitative Analysts Skills? 2021

  • Mathematics - Using math to solve problems.
  • Critical Thinking - Thinking about the pros and cons of different ways to solve a problem.
  • Reading Comprehension - Reading work-related information.
  • Complex Problem Solving - Noticing a problem and figuring out the best way to solve it.
  • Active Listening - Listening to others, not interrupting, and asking good questions.
  • Speaking - Talking to others.
  • Judgment and Decision Making - Thinking about the pros and cons of different options and picking the best one.
  • Active Learning - Figuring out how to use new ideas or things.
  • Writing - Writing things for co-workers or customers.

What Are Typical Financial Quantitative Analysts Interests?

  • Conventional - Occupations related to Conventional interests frequently involve following set procedures and routines. They include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
  • Investigative - Occupations with Investigative interests frequently involve working with ideas, and require an extensive amount of thinking. They often involve research and figuring out problems mentally.

What Is The Projected Employment For Financial Quantitative Analysts ? 2021

Location 2019 Employment 2029 Employment Percent change Annual projected job openings
United States 487,800 514,600 6% 38,600

What Is The Projected Employment For Financial Quantitative Analysts ? 2021

Location
2019 Employment
2029 Employment
Percent change
Annual projected job openings
United States
487,800
514,600
6%
38,600

What Is The Required Financial Quantitative Analysts Education & Experience? 2021

  • Bachelor's degree
  • No work experience
  • No on-the-job training

Financial Quantitative Analysts Schools ?

School Program Name Location Length / Graduates
Abilene Christian University Finance, General Abilene, TX 4 years: 22
4 years: 36
Adelphi University Finance, General Garden City, NY 4 years: 24
More than 4 years: 0
Adrian College Finance, General Adrian, MI 4 years: 6
Alabama A & M University Finance, General Normal, AL 4 years: 7
Alabama State University Finance, General Montgomery, AL 4 years: 7
Alaska Pacific University Finance, General Anchorage, AK Less than one year: 1
More than 4 years: 1
Albertus Magnus College Finance, General New Haven, CT 4 years: 6
Albion College Finance, General Albion, MI 4 years: 0
Alfred University Finance, General Alfred, NY 4 years: 8
Alma College Finance, General Alma, MI 4 years: 1
4 years: 6

Financial Quantitative Analysts Schools ?

School
Program Name
Location
Length / Graduates
Finance, General
Abilene, TX
4 years: 22
4 years: 36
Finance, General
Garden City, NY
4 years: 24
More than 4 years: 0
Finance, General
Adrian, MI
4 years: 6
Finance, General
Normal, AL
4 years: 7
Finance, General
Montgomery, AL
4 years: 7
Finance, General
Anchorage, AK
Less than one year: 1
More than 4 years: 1
Finance, General
New Haven, CT
4 years: 6
Finance, General
Albion, MI
4 years: 0
Finance, General
Alfred, NY
4 years: 8
Finance, General
Alma, MI
4 years: 1
4 years: 6

Financial Quantitative Analysts Jobs Near Me .

Job Title Company Location Date Posted Federal Contractor
2022 KBCM Investment Banking Summer Analyst - Cleveland, OH KeyBank NA Cleveland, Ohio 07/25/2021 No
Brand Specialist, Canada Consumer Electronics Amazon Corporate LLC Seattle, Washington 07/26/2021 No
BUDGET ANALYST Army National Guard Units Hanscom AFB, Massachusetts 07/25/2021 No
Business Analyst I Sykes Chavies, Kentucky 07/26/2021 Yes
Business Analyst I Sykes Utah 07/26/2021 Yes
Corporate Treasury - Basel Measurement & Analytics - Analyst JPMorgan Chase Newark, Delaware 07/26/2021 Yes
Director, Strategy The College Board New York, New York 07/25/2021 No
Financial Analyst (Associate or Intermediate) - 500113 ITC Holdings Corp. Novi, Michigan 07/25/2021 No
Financial Analyst, Sales Analytics * Work from home American National Red Cross Columbus, Ohio 07/25/2021 No
Fraud Data Analyst RELX New York, New York 07/25/2021 No

Financial Quantitative Analysts Jobs Near Me .

Job Title
Company
Location
Date Posted
Federal Contractor
KeyBank NA
Cleveland, Ohio
07/25/2021
No
Amazon Corporate LLC
Seattle, Washington
07/26/2021
No
Army National Guard Units
Hanscom AFB, Massachusetts
07/25/2021
No
Sykes
Chavies, Kentucky
07/26/2021
Yes
Sykes
Utah
07/26/2021
Yes
JPMorgan Chase
Newark, Delaware
07/26/2021
Yes
The College Board
New York, New York
07/25/2021
No
ITC Holdings Corp.
Novi, Michigan
07/25/2021
No
American National Red Cross
Columbus, Ohio
07/25/2021
No
RELX
New York, New York
07/25/2021
No

Financial Quantitative Analysts 2021 Salary Guide By State

Common Careers