What does a Quantitative Researcher 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.

What responsibilities are common for Quantitative Researcher jobs?
  • Manage code for manipulating and processing data in accessible and well documented manners.
  • Contribute to efficiency of operations across lab and projects through sharing of skills, data, and codes with other relevant research associates.
  • Contribute to development of project and research team websites.
  • Assist with general lab management, coordinating logistics, and other tasks as needed.
What are the typical qualifications for Quantitative Researcher jobs?
  • Bachelor's or Graduate's Degree in business, computer science, engineering, or mathematics.
  • Experience with algorithm design, statistics, and datasets.
  • A collaborator and problem solver.
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Work/Life Balance
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Salary Range--
Career Opportunity
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Avg. Experience2-4 years

Quantitative Researcher Salaries

Average Base Pay

$150,000 /yr
Same as national average
Not including cash compensation
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$73K
Median: $150K
$206K
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Glassdoor Estimated Salary

Quantitative Researcher Career Path

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

Average Years of Experience

0 - 1
18%
2 - 4
43%
5 - 7
31%
8+
8%
Not including years spent in education and/or training
See Career Path

Quantitative Researcher Insights

Read what Quantitative Researcher professionals have to say about their job experiences and view top companies for this career.
Astignes Capital
Quantitative Research Analyst
15 Feb 2022

“It is a great platform to learn new knowledge and apply what you learned from university.”

Radix Trading
Quantitative Researcher
6 Apr 2021

“1. Highly competitive industry can be stressful — ideas that used to work may not be good enough any more”

AKUNA CAPITALAKUNA CAPITAL
Quantitative Researcher
29 Aug 2021

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

CitiCiti
Quant Researcher
21 Apr 2022

“great work environment really enjoyed”

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 Sept 2021

“Good work and life balance.”

Versor InvestmentsVersor Investments
Quantitative Researcher
1 Feb 2022

“Good place to learn and grow.”

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Quantitative Researcher Interviews

Frequently asked questions about the role and responsibilities of a Quantitative Researcher

The most similar professions to Quantitative Researcher are:
  • Quantitative Analyst
  • Equity Trader
  • Quantitative Developer
  • Trader

Related Careers

Quantitative Analyst
$120,000
No skills overlap
Equity Trader
$100,000
No skills overlap
Quantitative Developer
$127,000
No skills overlap
Trader
$120,000
No skills overlap

Quantitative Researcher jobs