Financial Quantitative Analysts
FinanceO*NET 13-2099.01United States
Develop quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develop mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.
- Median annual earnings
- $81,068
- Projected change
- +6.3%
- Typical education
- Master's or Professional degree
- Employment
- 143.97K jobs
50th percentile, United States
2025 to 2035
60% of the workforce
Growing to 153.08K by 2035
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The work
What financial quantitative analysts do
Tasks reported for this occupation, ordered by how often they come up in the role.
- Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
- Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
- Interpret results of financial analysis procedures.
- Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- Define or recommend model specifications or data collection methods.
- Maintain or modify all financial analytic models in use.
- Produce written summary reports of financial research results.
- Provide application or analytical support to researchers or traders on issues such as valuations or data.
- Devise or apply independent models or tools to help verify results of analytical systems.
- Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
- Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
- Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
- Research new financial products or analytics to determine their usefulness.
Pay and outlook
What the job pays and where it is heading
Annual earnings range
Reported earnings by percentile, United States
- 10th percentile
- $47,918
- 25th percentile
- $60,842
- 50th percentile
- $81,068
- 75th percentile
- $112,502
- 90th percentile
- $155,741
The gold marker shows the median. Half earn more than $81,068 and half earn less.
Employment outlook
2025 to 2035 projection
+6.3%faster than average
2025143,969 jobs
2035 projected153,077 jobs
9,108 more positions over the decade, before replacement hiring.
Preparation
Education levels
What people currently working in the career hold. These are not entry requirements.
- Master's or Professional degree
- 60%
- Bachelor's degree
- 35%
- Doctoral degree or more
- 5%
Skills
Skills employers ask for
Technical skills appearing most often in job postings for this occupation.
How the work gets done
Core competencies
Broad capabilities associated with strong performance in this occupation.
- Mathematics
- Using mathematics to solve problems.
- Critical Thinking
- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
- Reading Comprehension
- Understanding written sentences and paragraphs in work-related documents.
- Complex Problem Solving
- Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Judgment and Decision Making
- Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Speaking
- Talking to others to convey information effectively.
- Active Listening
- Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Active Learning
- Understanding the implications of new information for both current and future problem-solving and decision-making.
- Writing
- Communicating effectively in writing as appropriate for the needs of the audience.
- Systems Evaluation
- Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
- Systems Analysis
- Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
- Persuasion
- Persuading others to change their minds or behavior.
- Instructing
- Teaching others how to do something.
- Monitoring
- Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
- Social Perceptiveness
- Being aware of others' reactions and understanding why they react as they do.
- Coordination
- Adjusting actions in relation to others' actions.
- Learning Strategies
- Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
- Time Management
- Managing one's own time and the time of others.
- Management of Financial Resources
- Determining how money will be spent to get the work done, and accounting for these expenditures.
- Service Orientation
- Actively looking for ways to help people.
In the market
Job titles and employers
Recent job postings in United StatesCommon job titles
- 01Quantitative Analysts316 postings
- 02Private Equity Associates269 postings
- 03Quantitative Researchers211 postings
- 04Investment Associates127 postings
- 05Quantitative Analytics Managers88 postings
- 06Quantitative Strategists57 postings
- 07Quantitative Associates48 postings
- 08Capital Markets Specialists47 postings
- 09Capital Markets Analysts40 postings
- 10Model Validation Analysts35 postings
- 11Quantitative Modelers32 postings
- 12Analysts29 postings
- 13Analytics Associates24 postings
- 14Valuation Associates23 postings
- 15Quantitative Research Interns22 postings
- 16Valuation Analysts22 postings
- 17Associates20 postings
- 18Private Equity Managers20 postings
- 19Credit Risk Managers19 postings
- 20Capital Analysts18 postings
Top employers
- 01Selby Jennings198 postings
- 02Turing113 postings
- 03Nelnet97 postings
- 04JPMorgan Chase85 postings
- 05Citigroup40 postings
- 06Freddie Mac40 postings
- 07Ab Initio Capital33 postings
- 08Aimhire30 postings
- 09Morgan Stanley28 postings
- 10Wells Fargo27 postings
- 11BlackRock26 postings
- 12Bank of America24 postings
- 13Goldman Sachs23 postings
- 14Citizens Bank22 postings
- 15Anson Mccade20 postings
- 16Fidelity Investments20 postings
- 17Imc International Bv20 postings
- 18American Landmark Apartments17 postings
- 19Ardian17 postings
- 20Barclays17 postings
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