What does a Quantitative Research Analyst do?

Quantitative researchers perform mathematically based technical configurations and designs that help financial services firms and investment banks make decisions while mitigating potential risk. They study, plan, develop, and deploy models and systems involving intricate and sophisticated statistical formulas. These models serve as simulation tools that allow the firms and advisors to anticipate the risk of various scenarios and decisions, making these tools a valuable asset in a risk mitigation and management strategy. These researchers also perform testing and validation tasks.

Quantitative researchers typically have at least a bachelor’s degree in computer science, statistics, or another technical field, although an advanced degree is an advantage. They have extensive experience working with complex, sophisticated statistical formulas and mathematical systems. These roles require highly developed analytical skills.

Work/Life Balance
4.1 ★
Salary Range--
Career Opportunity
4.0 ★
Avg. Experience2-4 years

Quantitative Research Analyst Salaries

Average Base Pay

$160,000 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
Median: $160K
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Glassdoor Estimated Salary

Quantitative Research Analyst Career Path

Learn how to become a Quantitative Research Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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Quantitative Research Analyst Insights

Read what Quantitative Research Analyst professionals have to say about their job experiences and view top companies for this career.
Quantitative Researcher
29 Aug 2021

“Stay away if you want to gain any meaningful experience and pursue a quant career.”

J.P. MorganJ.P. Morgan
Vice President - Quantitative Research
2 Apr 2020

“Good work and life balance”

BNP ParibasBNP Paribas
Quantitative Researcher
13 Jan 2021

“Compensation is on the lower end when comparing with other banks of the same size.”

Lingjun InvestmentLingjun Investment
Quantitative Researcher
26 Sep 2021

“Good work and life balance.”

Quantitative Researcher
4 Sep 2021

“Nice team to work with”

Société GénéraleSociété Générale
Quantitative Researcher
11 Jul 2021

“good people to work with”

Quantitative Research Analyst
16 Apr 2020

“Good work life balance overall”

JPMorgan Chase & Co
Quantitative Modeler
24 Aug 2021

“Nice team to work with”

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Quantitative Research Analyst Interviews

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