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.

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

Quantitative Researcher Salaries

Average Base Pay

$76,816 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
$51K
Median: $77K
$116K
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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.

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Quantitative Researcher Insights

Read what Quantitative Researcher professionals have to say about their job experiences and view top companies for this career.
AKUNA CAPITALAKUNA CAPITAL
Quantitative Researcher
Aug. 29, 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
Apr. 2, 2020

“Good work and life balance”

BNP ParibasBNP Paribas
Quantitative Researcher
Jan. 13, 2021

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

Lingjun InvestmentLingjun Investment
Quantitative Researcher
Sep. 26, 2021

“Good work and life balance.”

GfKGfK
Quantitative Researcher
Sep. 4, 2021

“Nice team to work with”

Société GénéraleSociété Générale
Quantitative Researcher
Jul. 11, 2021

“good people to work with”

InvescoInvesco
Quantitative Research Analyst
Apr. 16, 2020

“Good work life balance overall”

JPMorgan Chase & Co
Quantitative Modeler
Aug. 24, 2021

“Nice team to work with”

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Quantitative Researcher Interviews

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