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.
SOC: 13-2099.01
Common Job Titles
Investment Strategist
Portfolio Manager
Quantitative Analyst
Quantitative Equity Analyst
What You'll Need to Succeed
AI-generated
Key competencies for this occupation at a glance
KnowledgeCreate mathematical and statistical models for risk management, asset optimization, and pricing of financial instruments using advanced quantitative techniques in securities and equities investing environments.
Advanced
KnowledgeDevelop algorithmic trading systems and automated valuation frameworks using Python, R, C++, and SQL within cloud-based computing environments.
Advanced
KnowledgeSynthesize economic theory, market microstructure knowledge, and computational methods to design innovative financial products and pricing strategies.
Advanced
KnowledgeAnalyze complex financial data sets and market information using statistical software and programming tools to identify patterns and trends.
Proficient
KnowledgeEvaluate quantitative models and trading strategies against market conditions and regulatory compliance standards, independently determining optimal investment approaches.
Proficient
KnowledgeInterpret complex quantitative analysis results and model outputs for investment decision-makers and non-technical stakeholders, translating technical findings into actionable insights.
Proficient
KnowledgeAssess portfolio risk exposures and hedging strategies using stochastic calculus and Monte Carlo simulation techniques under time-sensitive market conditions.
Proficient
KnowledgeApply machine learning algorithms and statistical inference methods to predict financial market behavior and optimize investment portfolios.
Proficient
MindsetIntegrate ethical considerations and fiduciary responsibilities with quantitative investment strategies when advising clients and developing trading algorithms that impact market integrity.
Proficient
Hands-onOperate specialized financial analytics platforms and data visualization tools including Bloomberg Professional, MATLAB, Tableau, and business intelligence software for real-time market analysis.
Proficient
MindsetEngage with cross-functional teams including traders, portfolio managers, and risk officers to communicate model assumptions, limitations, and recommendations effectively.
Developing
Wage Data According to the Bureau of Labor Statistics
Annual wage data for Financial Quantitative Analysts (2024)
Estimated Total Employment (U.S.)
127,450
Wage Distribution by Percentile
Line chart of annual wages by percentile. U.S. is the solid line. 10th percentile: U.S. $46,420. 25th percentile: U.S. $60,140. 50th percentile: U.S. $80,190. 75th percentile: U.S. $109,120. 90th percentile: U.S. $151,780. Use the left and right arrow keys to move between percentiles.
U.S.
Metric
U.S.
10% of workers earn the following or less
$46,420
10% of workers earn the following or more
$151,780
Workers on average earn
$93,890
+ indicates wage is at or above the BLS reporting cap ($239,200/year)
Skills & Requirements
Key competencies for this occupation, ranked by importance
Mathematics4.6/5
Economics and Accounting4.2/5
Computers and Electronics3.7/5
English Language3.0/5
Engineering and Technology2.7/5
Skills & Requirements: Knowledge
Tools & Technology
Equipment and software commonly used in this occupation
