Financial Quantitative Analyst

Loading state data...

Loading state data...

  Business and Financial Operations Occupations

Financial Quantitative Analyst

Also Called: Investment Portfolio Control Consultant, Investment Strategist, Portfolio Manager, Quantitative Analyst, Quantitative Equity Analyst, Quantitative Research Analyst, Quantitative Strategy Analyst, Research Analyst, Investment Portfolio Control Consultant, Investment Strategist, Portfolio Manager, Quantitative Analyst, Quantitative Equity Analyst, Quantitative Research Analyst, Quantitative Strategy Analyst, Research Analyst

What they do

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.

$43,510
Starting Salary (2023)
$78,310
Median Salary (2023)
6.1%
Projected Job Growth
122,730
Employment (2022)

Typical Tasks

Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
Define or recommend model specifications or data collection methods.
Devise or apply independent models or tools to help verify results of analytical systems.
Interpret results of financial analysis procedures.
Maintain or modify all financial analytic models in use.

A day in the life

What kind of work is this?

Investigative
Studying, Research based work
Conventional
Organized, Procedural Work
Enterprising
Business based Work

What personality traits do you need to succeed?

Analytical Thinking
Integrity
Attention to Detail
Persistence
Initiative
Achievement/Effort

What key skills are needed for this job?

Mathematics
Critical Thinking
Reading Comprehension
Complex Problem Solving
Judgment and Decision Making
Active Listening

Expected Knowledge

Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Common Activities

Working with Computers
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
Analyzing Data or Information
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
Processing Information
Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.

More Info

What can I do with this major? Logo

Explore 106 major profiles, common career paths and strategies to maximize opportunities.

Visit Site
My Next Move logo

Search career information in detail by keywords, browse by industry, or via your interests.

Visit Site
Career OneStop Logo

Explore career options, find training and education, plan for your job search and find local help and services.

Visit Site
BLS OOH logo

The Occupational Outlook Handbook - browse occupations and resources and explore occupation groups.

Visit Site
O*NET logo

The nation's primary source of occupational information. Complete data and information breakdowns for all careers.

Visit Site