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.
How much does a Quantitative Researcher make?
Base Pay
Additional Pay
$149,136
/ yrQuantitative 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.
Years of Experience Distribution
Quantitative Researcher Insights
Astignes Capital“It is a great platform to learn new knowledge and apply what you learned from university.”
A.P.T. Portfolio“I have started my career with APT and its provided me witg ample opportunities to contribute and learn.”
“1. Highly competitive industry can be stressful — ideas that used to work may not be good enough any more”
Amber Group“People are nice and helpful.”
AKUNA CAPITAL“Stay away if you want to gain any meaningful experience and pursue a quant career.”
Haafor“overall work life was good”
Citi“great work environment really enjoyed”
Arrowstreet Capital“Work from home allowance is okay but not great.”
Frequently asked questions about the roles and responsibilities of a Quantitative Researcher
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