Description

Quantitative researchers analyze compiled data to develop improvements to existing business models and/or develop and implement new business models. These researchers work in a variety of fields, especially in science and finance. They often collaborate with data scientists, researchers, engineers, and other experts with the shared goal of solving business challenges in a constantly changing market; these collaborative efforts are usually called a research team. Quantitative researchers are responsible for structuring and presenting the analyzed data to relevant parties within the business. Quantitative researchers generally work in an office environment in front of a computer, although work from home opportunities do exist as well (which are normally hired on a contract basis).

Educational requirements typically include an advanced degree (such as a Ph.D. or master's degree) in statistics, math, physics, engineering, economics, finance, behavioral/social science, or another relevant field. Many quantitative researchers have backgrounds in engineering, computer science, physical sciences, or mathematics. Quantitative researchers should possess excellent communication skills and the ability to participate in high-level business discussions. They must also have a strong knowledge in natural language processing, image processing, pattern recognition, and artificial intelligence, and they should be familiar with Java, C++, Fortran, Python, and Linux.

Roles & Responsibilities

As a Quantitative Researcher with 0-3 years of experience in Singapore, your main responsibilities include:

  • Conducting data analysis using statistical and mathematical techniques to derive insights and support decision-making. Analyze data using statistical methods to provide valuable insights and contribute to decision-making processes.
  • Developing and implementing quantitative models and algorithms to evaluate financial markets and investment strategies. Create and execute quantitative models and algorithms to assess financial markets and optimize investment strategies.
  • Collaborating with cross-functional teams to design and execute research projects, and presenting findings to stakeholders. Work with various teams to plan and execute research projects while effectively communicating results to relevant stakeholders.
  • Staying updated with the latest industry trends, technologies, and methodologies in quantitative research.

Qualifications & Work Experience

For a Quantitative Researcher job role, the following qualifications are required:

  • Proficiency in statistical analysis and data modeling techniques to analyze large datasets and extract meaningful insights.
  • Strong programming skills in languages such as Python, R, or MATLAB to develop and implement quantitative models and algorithms.
  • Advanced knowledge of financial markets and investment strategies to conduct quantitative research in areas like trading, risk management, or portfolio optimization.
  • Excellent problem-solving abilities and attention to detail to identify patterns, trends, and anomalies in complex financial data sets and provide actionable recommendations.

Essential Skills For Quantitative Researcher

1

Python Programming

2

Quantitative Research

3

Quantitative Ability

Career Prospects

The role of a Quantitative Researcher in Singapore is an exciting opportunity for individuals with 0-3 years of experience. While this position offers unique challenges, there are several alternative roles for professionals in a similar field. Here are following options to consider:

  • Data Analyst: A role that involves collecting, organizing, and analyzing large sets of data to provide insights and support decision-making processes.
  • Risk Analyst: A position focused on assessing and managing potential risks within financial markets, portfolios, or investment strategies.
  • Investment Research Associate: A role that involves conducting research and analysis to support investment decisions, portfolio management, and client communication.
  • Financial Engineer: A position that combines financial expertise and technical skills to develop and implement quantitative models for pricing and risk management.

How to Learn

The role of Quantitative Researcher in Singapore has shown significant growth in the market. Over the past 10 years, there has been a steady increase in the demand for professionals in this field. With the advancement of technology, businesses are increasingly relying on data-driven decision making, creating a higher demand for quantitative research and analysis. Employment opportunities are expected to continue to rise in the future as companies across various industries recognize the importance of data-driven insights. According to Google data, the projected growth for this position appears positive, indicating a promising future for quantitative researchers in Singapore.