quantitative research analyst jobs

Please update your browser.

• Careers Home
• Our Businesses
• Quantitative Research

Create Quantitative Solutions

Model the future of finance.

Our expert Quantitative Research modeling group develops and maintains the industry leading mathematical models, methodologies and tools used throughout the firm. Partnering with traders, marketers and risk managers across all products and regions, we consistently set the standard for financial engineering, trading strategies, data analytics, statistical modeling and portfolio management.

Click  here  to read the story of Shang Ke, a Quantitative Researcher in Beijing.  

Deliver results

You will be valued and depended on for your contribution to the firm's product innovation, effective risk management and financial risk controls.

Collaborate globally

You will partner with teams across products and continents to provide state-of-the-art solutions to real world problems.

Analyze and innovate

You will have the flexibility and the resources to apply and test theoretical concepts.

Hear from our people

At JPMorgan Chase, our people are our greatest assets and their creativity, thinking, and diverse backgrounds are what drive our firm’s success. Read about our employee’s unique stories and motivations in joining us and what they’ve experienced personally at the firm.  

Taha Rahmoui Quantitative Modeling

Quantitative Research develops and promotes advanced solutions to our trading desks, control functions and clients worldwide. As a Quant, you will contribute to the firm's product innovation while managing financial risk and controls and supporting investment decisions. 

What you can do

Our Quantitative Research modeling group consist of five types of roles:  

Support trading desks, risk model developers, and the model risk governance and review group by developing pricing models to value and hedge financial transactions.

Develop mathematical models for algorithmic trading strategies as well as Delta-One trading strategies or inventory management for trading desks.

Leverage visualization, data science and machine learning to provide analytics and automate processes for trading desks, sales desks, and data use council and technology teams.

Create and maintain the core and cross-asset library frameworks and infrastructure including high performance computing to support model developers and technology stakeholders.

Develop and maintain risk management models — including market risk, counterparty credit risk and wholesale credit — for risk managers, trading desks, finance & business management and the model risk governance & review group.

What we offer

We have several programs, forums and networking events for students interested in Quantitative Research:

In these one-on-one informal discussions, students can network with inspirational professionals to gain unique insight into their roles and get their advice.

Students receive one-to-one mentorship and continuous guidance over a six-month period to learn how we employ mathematical modeling and coding in the financial services industry.

Winning Women, Advancing Black Pathways and our Latinx events are among the diversity-focused programs that provide coaching and guidance for students from underrepresented groups.

These panel discussions and networking sessions with experienced quants from different lines of business allow students to learn about the hiring process and explore multiple quant roles.

We offer internships in Quantitative Research across regions and lines of business.

We partner with several universities to provide funding to PhD students.

Click  here  to find the list of events and learn more about them. Refer to the “Opportunities" section for the internship opportunities.

Opportunities in Quantitative Research

Student Opportunities

Professional Opportunities

Immerse yourself in practical application of quantitative data, financial research and machine learning as you work to become an expert in a market sector.

Warning The length of the filter query has exceeded the maximum size. Please remove some filter selections.

Our people  

How we hire.

Where we work

Our presence in over 100 markets around the globe means we can serve millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients.

United States

United Kingdom

News & Stories

Company News

2023 DEI and Human Capital Report

Employee Stories

Ira, Human Resources

Rushabh, Quantitative Researcher

Keep in touch.

Join our Talent Network to stay informed on news, events, opportunities and deadlines.

You're now leaving J.P. Morgan

J.P. Morgan’s website and/or mobile terms, privacy and security policies don’t apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan isn’t responsible for (and doesn’t provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan name.

• Search Search Please fill out this field.
• Salaries & Compensation

Quantitative Analyst: Job Description and Average Salary

A quantitative analyst is a professional who uses quantitative methods to help companies make business and financial decisions. Investment banks, asset managers, hedge funds, private equity firms, and insurance companies all employ quantitative analysts, or "quants," to help them identify profitable investment opportunities and manage risk.

In the trading world, quantitative analysts are especially in demand. The 21st century has seen an explosion in the popularity of electronic trading based on numerical algorithms. Rather than live traders frenetically pacing the floor of the New York Stock Exchange (NYSE) calling out buy and sell orders, computer software infiltrates various stock exchanges, buying and selling shares when prices hit levels the algorithm has predetermined are profitable.

While the computer algorithm does the grunt work, it is quantitative analysts who are the brains behind these algorithms. The best in the business make their employers millions of dollars on a monthly basis simply by programming algorithms that are fast and efficient enough to locate the best trades before the competition.

Key Takeaways

• A quantitative analyst is a professional who uses quantitative methods to help companies make business and financial decisions.
• In the trading world, quantitative analysts are in especially high demand.
• Risk management is a field of quantitative analysis that has grown in demand and perceived importance since the financial crisis of 2008.

On the sell side, quantitative analysts help banks value their securities. On the buy-side, they identify profitable investment opportunities and measure risk against reward. Outside of the banking world, a quantitative analyst might work for an insurance company helping to develop pricing models and risk evaluation strategies.

Some quantitative analysts, rather than crunching actual data to make investing or risk management decisions, work on the back end developing computer software to evaluate financial data. These professionals almost invariably have advanced computer programming backgrounds in addition to mathematics and statistics.

Front Office Quantitative Analysts

Front office quantitative analysts work for companies that sell and trade financial securities. The role of the quantitative analyst at these companies is to identify profitable trades, develop pricing strategies and manage risk efficiently.

In the days before electronic trading took off, quantitative analysts typically worked separately from desk traders; the analysts developed the strategies, and the traders executed them. With so much trading done via computer algorithms, the two roles have largely amalgamated. Desk traders rely on navigating computer software to execute trades; making the most of this software requires a level of inherent skill in quantitative analysis.

In the modern trading environment, developing effective trading models via quantitative analysis requires an almost myopic focus on speed. The name of the game is to execute a profitable trade before the competition. Consider an algorithm programmed to execute a buy order when a stock drops to a certain price per share.

In electronic trading , a lag always exists between when an order is entered and when it is executed. Fractions of a second matter since a good chance exists that the price drop has also triggered competing algorithms to place buy orders. The ones that execute their buy orders first get the best price; since buying activity pushes up prices, falling behind to a line of competitors means accepting a worse price by the time the trade is executed and losing out on a measure of profit.

Ultimately, front office quantitative analysts perform many roles in financial culture. Like always, their primary focus is on developing profitable investing models that run as efficiently as possible. Beyond working with raw numbers, a modern front office quantitative analyst must be intimately familiar with the trading process itself. Additionally, high-tech computer skills are becoming more in demand for this role by the day.

Risk Management

Risk management is a field of quantitative analysis that has grown in demand and perceived importance since the financial crisis of 2008. For many years, banks took on risks that were way out of proportion with expected returns, the result culminating in one of the scariest periods the market has seen since 1929.

In the wake of the crisis, financial institutions have committed to fine-tuning their risk management practices so they can continue to chase big profits without exposing themselves to the losses they endured in 2008.

Risk management analysts develop quantitative models to keep risk in check for their employers. The stress tests conducted on banks to determine their ability to withstand financial crises of varying proportions are often developed and conducted by quantitative analysts who specialize in risk management.

The average annual salary for a quantitative analyst in 2020.

Model Validation

The role of this analyst is to test new and old quantitative models developed by analysts working in various capacities and determine their validity. This is sort of a jack-of-all-trades role since model validation requires a working knowledge of many facets of quantitative analysis but does not necessitate expertise with anyone.

Quantitative analysis is like many industries in that specialized expertise tends to be rewarded with higher pay. As such, analysts who work in model validation often report lower salaries than their peers in the front office.

A quantitative analyst, first and foremost, must be an expert with numbers. This is not a career for those who struggle with math. Even slightly above-average quantitative skills are probably insufficient to really shine in this profession; quantitative analysis is a career for math whizzes.

Advanced computer skills are becoming more important every year for quantitative analysts. This is a function of the rapid shift in the trading world toward electronic and high-frequency trading based on algorithms.

These algorithms are programmed into computer software, which enters and executes the trades. Quantitative analysts who can develop algorithms that spot the best trades and get to them before the competition never lacks for high-paying career opportunities in the current trading industry.

Though quantitative analysts work across many industries, they are disproportionately concentrated in large banking and investment centers. Like all jobs in this realm, quantitative analysis tends to require a lot of hours and rarely offers the best work-life balance. To take on this career requires an unflappable work ethic and an ironclad commitment to putting in the time needed to be successful.

Average Salary

As of 2020, the average annual salary for a quantitative analyst is $106,751. The average range, meaning the 25th to 75th percentile, is roughly $76,000 to $156,000. Where a new analyst falls within this range depends on their geographic location, employer, skills, and experience. The upside potential for this career is huge where income is concerned. The top quantitative analysts on Wall Street make several hundred thousand dollars per year.

The job outlook for quantitative analysts is strong. The U.S. Bureau of Labor Statistics (BLS) lumps quantitative analysis under the broader umbrella of financial analysis, a field it projects to grow by at least 6% between 2018 and 2028.

Glassdoor. " Quantitative Analyst Salary ."

U.S. Bureau of Labor Statistics. " Financial Analysts ."

• Terms of Service
• Editorial Policy
• Privacy Policy
• Your Privacy Choices

Mathematica Careers

At Mathematica, we take pride in our employees and in their commitment to excellence. We encourage staff to collaborate in developing creative solutions to difficult problems and to share the responsibility and enjoyment of carrying out complex research.

Search Jobs and Apply

Radius Radius 5 miles 15 miles 25 miles 35 miles 50 miles

Job Description

Health research analyst (quantitative focus).

Position Description:

Mathematica applies expertise at the intersection of data, methods, policy, and practice to improve well-being around the world. We collaborate closely with public- and private-sector partners to translate big questions into deep insights that improve programs, refine strategies, and enhance understanding. Our work yields actionable information to guide decisions in wide-ranging policy areas, from health, education, early childhood, and family support to nutrition, employment, disability, and international development. Mathematica offers our employees competitive salaries, and a comprehensive benefits package, as well as the advantages of being 100 percent employee owned. As an employee stock owner, you will experience financial benefits of ESOP holdings that have increased in tandem with the company’s growth and financial strength. You will also be part of an independent, employee-owned firm that is able to define and further our mission, enhance our quality and accountability, and steadily grow our financial strength. Learn more about our benefits here:  https://www.mathematica.org/career-opportunities/benefits-at-a-glance

At Mathematica, we take pride in our commitment to diversity. Building an inclusive culture that draws on the individual strengths of employees from different ethnic backgrounds, cultures, lifestyles, abilities, and experience is key to our success.

We are inviting Health Research Analysts with a  quantitative focus to join us in contributing to domestic health policy projects. Our current work includes a wide range of topics in health care service delivery and financing, quality measures, and health systems change. Health analysts work on a variety of projects spanning policy and programmatic areas as well as program evaluation and implementation support. They typically work on more than one project at a time and are matched to projects that suit their interests and skills and offer opportunities for professional growth.

Example projects include:

• Evaluating the implementation and impact of Medicare and Medicaid innovation initiatives aimed at expanding access to care, improving health care quality, promoting health outcomes, or reducing costs.
• Studying the effects of multi payer delivery system innovations on health care access, quality, health outcomes, and costs.
• Analyzing, designing, and producing large federal health insurance program datasets and reporting systems.
• Designing and implementing state-of-the-art methods to measure service utilization and quality of care in support of value-based payment reforms.
• Assessing the quality of health care in publicly sponsored insurance programs like Medicaid and Medicare.
• Designing efficient and effective payment models and delivery systems.
• Contributing to the development, testing, and maintenance of quality measures.
• Providing technical assistance and learning support for stakeholders, such as policymakers and health care providers.
• Working with states to address Medicaid payment reform initiatives and multi-payer proposals, improving health service delivery.
• Conducting analysis and studies on COVID-19 impacts on patient populations and provider services.

Responsibilities: Health Research Analysts with a quantitative focus will participate in key project activities, which vary by project and may include:

• Developing programming specifications for data cleaning and analytic file construction.
• Summarizing data quality issues.
• Participating in quality assurance of code and output.
• Defining analysis specifications and output formats and shells.
• Developing user manuals and other documentation for reporting systems and analytic tools.
• Drafting client memos, issue briefs, chapters of analytic reports, and proposals for new projects.
• Participating in interviews or site visits to assess the implementation and cost of state, federal, and local health care programs.
• Supporting analysis of qualitative data collected from interviews, site visits, or other data collection efforts.
• Providing technical assistance to state and federal health agencies or health care providers (for example, by designing webinars or responding to questions from providers/stakeholders).
• Reviewing and summarizing the literature on current health policy topics

Position Requirements:

• Master’s degree in public policy, economics, statistics, public health, social work, or a related field,  or an equivalent combination of education and experience.
• Strong analytic skills, including knowledge of quantitative analytic research methods.
• Strong critical thinking, problem-solving, and time management skills.
• Excellent oral and written communication skills; ability to write clear and concise technical memos and documents and accessible stakeholder-facing memos, briefs, and presentation materials.
• Ability to complete tasks on tight deadlines without compromising quality.
• Ability to support multiple projects and balance competing priorities.
• Experience working with a state or federal government, foundation, policy research organization, or health care program is highly desirable.
• Knowledge of Medicare or Medicaid policies and programs, and/or experience working with Medicare or Medicaid eligibility and claims data is a plus.
• Candidates with post-graduate, relevant professional experience in priority policy areas, such as Medicare or Medicaid, are encouraged to apply.

 To apply, please submit a cover letter, resume, writing sample from an analysis, and salary expectations at the time of your application. This position offers an anticipated base salary of $70,000 - $95,000 annually. This position may be eligible for a discretionary bonus based on company and individual performance.

Staff in our Health unit will eventually work with our largest client, Centers for Medicaid & Medicare Services (CMS). Most staff working on CMS contracts will be required to complete a successful background investigation including the Questionnaire for Public Trust Position SF-85. Staff that are unable to successfully undergo the background investigation will need to be able to obtain work outside CMS. Staff will work with their supervisor to get re-staffed, however if they are unable to do so it may result in employment termination due to lack of work.

 #remote-usa

Available locations: Washington, DC; Princeton, NJ; Cambridge, MA; Oakland, CA; Ann Arbor, MI; Chicago, IL; Remote 

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

At Mathematica, we understand the importance of building relationships with colleagues. If you’re not located near one of our offices but would like opportunities to meet up with co-workers, we offer coworking spaces where available. Ask your Talent Acquisition partner for more information about this opportunity and whether it’s an option in your area.

Any offer of employment will be contingent upon passing a background check. Various federal agencies with whom we contract require that staff successfully undergo security clearance as a condition of working on the project. If you are assigned to such a project, you will be required to obtain the requisite security clearance. Additionally, if you participate in/complete the application process and are denied, Mathematica may choose to terminate your employment.

Although Mathematica does not require vaccination from COVID-19 as a condition of employment, various projects or agencies may require documentation of vaccination (or an approved exception/accommodation).

We take pride in our employees and in their commitment to excellence. We encourage staff to collaborate in developing creative solutions to difficult problems and to share the responsibility and enjoyment of carrying out complex projects. This collegial spirit has helped us earn our reputation for innovative and high quality work.

One of Mathematica’s core values is a deep commitment to diversity, equity, and inclusion. Our work is more robust because it is informed by a variety of diverse perspectives, and our mission to improve societal well-being is strengthened by a greater understanding of issues and challenges facing the populations we serve. Mathematica’s ongoing commitment to diversity and inclusion is woven into our everyday actions, policies, and practices—including decisions regarding recruitment, training, compensation, and promotion. We are dedicated to maintaining a work environment in which everyone is treated with respect and dignity.

Sign Up for Job Alerts

Email Address

Job Category Select a Job Category Accounting/Finance Business Development Data Analytics Data Collection Health Research Human Resources Information Technology International/Development Research Proposal Management Research

• Research, Remote Remove
• Research, Washington, District of Columbia, United States Remove
• Research, Princeton, New Jersey, United States Remove
• Research, Cambridge, Massachusetts, United States Remove
• Research, Oakland, California, United States Remove
• Research, Ann Arbor, Michigan, United States Remove
• Research, Chicago, Illinois, United States Remove

Confirm Email

Do you need assistance?

If you need an accommodation due to a disability to complete any part of the application or interview process (if selected), you can request an accommodation by contacting the Human Resources Department [email protected] or [609-799-3535|]. Accommodations are considered on a case-by-case basis.

Job Opening: Quantitative Research Analyst

Quantitative Research Analyst (Citadel Americas Services LLC - New York, NY); Multiple positions available: Analyze and solve complex market problems through the use of technology, mathematical and statistical modeling, and computer systems. Conceptualize valuation strategies, develop and continuously improve upon mathematical models for portfolio optimization, and help translate algorithms into code. Construct and analyze market micro-structure trading simulations to model risk and develop trading strategies. Perform statistical and data analysis of historical market information to develop predictive signals. Develop metrics to monitor and compare the performance of different trading strategies. Back test and implement trading models and signals in a live trading environment.Requires a Bachelor’s degree (or foreign equivalent) in Statistics, Computer Science, Engineering, Mathematics, Physics, Operations Research, or a related quantitative field. Education, training, or experience must include the following: Conducting data-intensive investment-related research and analysis; Advanced mathematical and statistical modeling including time-series analysis, cross-sectional analysis, Statistical Machine Learning, Natural Language Processing, pattern recognition, or similar; and Performing computations and research with programming languages including Python, R, C++, Matlab, Julia, or similar.We are offering a salary range of $150,000 to $190,000 per year. Please submit resumes to [email protected]. Reference JobID: 7997496.

Minimum Salary: 150000 Maximum Salary: 190000 Salary Unit: Yearly

Print this Page

Search careers with key words.

• Type a title or code for matches
• No quick matches found
• Search for career results

Browse careers by industry

Find careers like your military job.

Current time by city

For example, New York

Current time by country

For example, Japan

Time difference

For example, London

For example, Dubai

Coordinates

For example, Hong Kong

For example, Delhi

For example, Sydney

Geographic coordinates of Elektrostal, Moscow Oblast, Russia

City coordinates

Coordinates of Elektrostal in decimal degrees

Coordinates of elektrostal in degrees and decimal minutes, utm coordinates of elektrostal, geographic coordinate systems.

WGS 84 coordinate reference system is the latest revision of the World Geodetic System, which is used in mapping and navigation, including GPS satellite navigation system (the Global Positioning System).

Geographic coordinates (latitude and longitude) define a position on the Earth’s surface. Coordinates are angular units. The canonical form of latitude and longitude representation uses degrees (°), minutes (′), and seconds (″). GPS systems widely use coordinates in degrees and decimal minutes, or in decimal degrees.

Latitude varies from −90° to 90°. The latitude of the Equator is 0°; the latitude of the South Pole is −90°; the latitude of the North Pole is 90°. Positive latitude values correspond to the geographic locations north of the Equator (abbrev. N). Negative latitude values correspond to the geographic locations south of the Equator (abbrev. S).

Longitude is counted from the prime meridian ( IERS Reference Meridian for WGS 84) and varies from −180° to 180°. Positive longitude values correspond to the geographic locations east of the prime meridian (abbrev. E). Negative longitude values correspond to the geographic locations west of the prime meridian (abbrev. W).

UTM or Universal Transverse Mercator coordinate system divides the Earth’s surface into 60 longitudinal zones. The coordinates of a location within each zone are defined as a planar coordinate pair related to the intersection of the equator and the zone’s central meridian, and measured in meters.

Elevation above sea level is a measure of a geographic location’s height. We are using the global digital elevation model GTOPO30 .

Elektrostal , Moscow Oblast, Russia

• Bahasa Indonesia
• Eastern Europe
• Moscow Oblast

Elektrostal

Elektrostal Localisation : Country Russia , Oblast Moscow Oblast . Available Information : Geographical coordinates , Population, Area, Altitude, Weather and Hotel . Nearby cities and villages : Noginsk , Pavlovsky Posad and Staraya Kupavna .

Information

Find all the information of Elektrostal or click on the section of your choice in the left menu.

• Update data

Elektrostal Demography

Information on the people and the population of Elektrostal.

Elektrostal Geography

Geographic Information regarding City of Elektrostal .

Elektrostal Distance

Distance (in kilometers) between Elektrostal and the biggest cities of Russia.

Elektrostal Map

Locate simply the city of Elektrostal through the card, map and satellite image of the city.

Elektrostal Nearby cities and villages

Elektrostal weather.

Weather forecast for the next coming days and current time of Elektrostal.

Elektrostal Sunrise and sunset

Find below the times of sunrise and sunset calculated 7 days to Elektrostal.

Elektrostal Hotel

Our team has selected for you a list of hotel in Elektrostal classified by value for money. Book your hotel room at the best price.

Elektrostal Nearby

Below is a list of activities and point of interest in Elektrostal and its surroundings.

Elektrostal Page

• Information /Russian-Federation--Moscow-Oblast--Elektrostal#info
• Demography /Russian-Federation--Moscow-Oblast--Elektrostal#demo
• Geography /Russian-Federation--Moscow-Oblast--Elektrostal#geo
• Distance /Russian-Federation--Moscow-Oblast--Elektrostal#dist1
• Map /Russian-Federation--Moscow-Oblast--Elektrostal#map
• Nearby cities and villages /Russian-Federation--Moscow-Oblast--Elektrostal#dist2
• Weather /Russian-Federation--Moscow-Oblast--Elektrostal#weather
• Sunrise and sunset /Russian-Federation--Moscow-Oblast--Elektrostal#sun
• Hotel /Russian-Federation--Moscow-Oblast--Elektrostal#hotel
• Nearby /Russian-Federation--Moscow-Oblast--Elektrostal#around
• Page /Russian-Federation--Moscow-Oblast--Elektrostal#page
• Terms of Use
• Copyright © 2024 DB-City - All rights reserved
• Change Ad Consent Do not sell my data