Quantitative Analyst, Research
$93K-$193K
/ year
6-9 years experience
$93K-$193K
/ year
6-9 years experience
A Quantitative Analyst is accountable for conducting research based on data and analysis to create insights and models to support the decision-making process for investment and managing risk. They employ mathematical and statistical methods to analyse the financial market, trends in markets and economic indicators. The job involves developing as well as maintaining models for financials, back-testing strategies, and performing scenario analysis to assess the potential outcome. The Quantitative Analyst works with traders, portfolio managers, as well as other parties to offer concrete recommendations based on their research findings. A strong quantitative background ability to program in languages such as Python or R and a thorough knowledge of the financial markets are crucial to succeed in this job. An education in statistics, mathematics or finance, or a related field, as well as an experience relevant to quantitative research is usually required for this position.
As a Quantitative Analyst, Research with 6-9 years of experience in the United States, your main responsibilities include:
For a Quantitative Analyst, Research job role, the following qualifications are required:
1
Mathematics
2
Advance Statistics Techniques
3
Python
4
Quantitative Research
The role of a Quantitative Analyst in a research job is vital for data analysis and modeling. With 6-9 years of experience in the United States, professionals in this field may consider the following alternative roles:
The job role of Quantitative Analyst is expected to witness substantial growth in the United States market. Over the past 10 years, the demand for Quantitative Analysts has steadily increased, reflecting a positive trend. This growth is primarily driven by the rising complexity of financial markets and the increasing reliance on quantitative methods for decision making. Given the advancements in technology and the growing importance of data analysis, the future holds promising employment opportunities for Quantitative Analysts. According to recent data from Google, the projected growth of this position remains strong in the foreseeable future.