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Financial Quantitative Analyst

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AVG. SALARY

$83,590

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

What They Do

Financial Quantitative Analysts Career Video

About This Career

Develops quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develops mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.

This career is part of the Finance cluster Securities and Investments pathway.

A person in this career:

  • Applies mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
  • Researches or develops analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
  • Interprets results of financial analysis procedures.
  • Develops core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
  • Defines or recommends model specifications or data collection methods.
  • Maintains or modifies all financial analytic models in use.
  • Produces written summary reports of financial research results.
  • Provides application or analytical support to researchers or traders on issues such as valuations or data.
  • Devises or applies independent models or tools to help verify results of analytical systems.
  • Collaborates in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.

Working Conditions and Physical Demands

People who do this job report that:

  • You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
  • Work in this occupation requires being inside most of the time
  • Work in this occupation involves sitting more than one-third of the time

Working in this career involves (physical activities):

  • Seeing clearly up close
  • Speaking clearly enough to be able to be understood by others
  • Identifying and understanding the speech of another person

Work Hours and Travel

  • Regular working hours and limited travel

Specialty and Similar Careers

Careers that are more detailed or close to this career:

  • Investment Strategist
  • Portfolio Manager — Ultimately responsible for the performance and the day to day operation of a fund or asset management vehicle.
  • Quantitative Analyst
  • Quantitative Research Analyst
  • Quantitative Strategy Analyst
  • Research Analyst
  • Quantitative Equity Analyst
  • Investment Portfolio Control Consultant

Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.