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.
- 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.
- 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.
Quantitative Researcher Salaries
Average Base Pay
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
Quantitative Researcher Insights
“It is a great platform to learn new knowledge and apply what you learned from university.”
“1. Highly competitive industry can be stressful — ideas that used to work may not be good enough any more”
“Stay away if you want to gain any meaningful experience and pursue a quant career.”
“great work environment really enjoyed”
“Good work and life balance”
“Compensation is on the lower end when comparing with other banks of the same size.”
“Good place to learn and grow.”
“Good work and life balance.”
Quantitative Researcher Interviews
Frequently asked questions about the role and responsibilities of a Quantitative Researcher
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