Quantitative Analyst Jobs in California
Quantitative Analyst jobs in California are among the most active in the country, concentrated in financial services, technology, and hedge funds, with openings at every level from entry-level analyst through senior researcher and principal quant. The largest hiring metros are San Francisco, Los Angeles, and San Jose, where firms like BlackRock, Wells Fargo, and Citadel have significant California footprints. The most in-demand specialties right now are algorithmic trading, risk modeling, and machine learning-driven portfolio analytics. Find a role that fits below and apply directly.
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Job Category: Business Operations / Strategy
Job Level: Individual Contributor
Business Unit: Energy Delivery
Work Type: Hybrid
Job Location: Oakland
Department Overview
The System Performance, Reliability and Resiliency Strategy team within the overall Electric Transmission and Distribution Engineering organization is responsible for planning, organizing, and managing the resources necessary to successfully execute PG&E’s Electric Reliability Strategy and initiatives. Within this department the Resiliency Strategy and Partnerships team will lead the long-term reliability and resiliency strategy. This work will include driving the development of tools and processes that proactively estimate and anticipate grid conditions at the circuit level to provide a more resilient electric grid.
Position Summary
This position serves as the utility’s leading technical expert for predictive grid intelligence, Distribution System State Estimation (DSSE), and advanced reliability analytics. The role establishes the vision, strategy, and technical direction for state-aware grid management, enabling the transition from reactive operations to proactive, predictive decision-making. Leveraging machine learning, artificial intelligence, physics-based modeling, and digital twin technologies, the position delivers real-time and forecasted insights into system performance, asset health, operational risk, and reliability outcomes across an increasingly dynamic and decentralized electric grid.
As a recognized industry authority, the role leads the development of enterprise-wide predictive intelligence platforms that integrate SCADA, AMI, DER, outage, weather, and asset data to forecast grid conditions and identify emerging risks before failures occur. The position establishes technical standards and best practices for digital grid modeling, forecasting, and advanced analytics while driving measurable improvements in reliability, resilience, risk reduction, and capital effectiveness. Through innovation, industry leadership, and cross-functional influence, the role accelerates grid modernization and supports achievement of strategic reliability objectives, including improvements in SAIDI, SAIFI, and other risk-based performance measures.
This position follows a hybrid work model, requiring employees to report to their assigned office location at least two or three days per week. The remaining days may be worked remotely, depending on business needs. The headquarters is located in the Oakland General Office.
PG&E is providing the salary range that the company, in good faith, believes it may pay for this position at the time of the job posting. This compensation range is specific to the job's locality. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, collective bargaining agreements, and internal equity. Although we estimate the successful candidate hired into this role will be placed toward the middle or entry point of the range, the decision will be made on a case-by-case basis, taking these factors into account. This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.
A reasonable salary range is:
Bay Area Minimum: $129,000
Bay Area Mid-Point: $168,000
Bay Area Maximum: $207,000
Job Responsibilities
- Works independently with internal and external stakeholders with guidance on the most complex issues, development of new and innovative data and quantitative modeling, research, etc.
- Proactively identifies future challenges, develops recommendations for resolution and evaluates, and develops new analytic tools and processes for the department.
- Responsible for maintaining and updating complex models and complex analytical assumptions.
- Develops or assist in the development of industry wide best practices.
- Coaches, mentors, and trains others.
- Provides critical and insightful assessments of third-party work products and comparison to internal work products.
- Lead the development and deployment of Distribution System State Estimation (DSSE) and predictive analytics capabilities to provide real-time and forecasted visibility of grid conditions and risks at the distribution circuit level.
- Design and operationalize state-aware grid intelligence platforms using SCADA, AMI, DER, outage, weather, and asset health data.
- Serve as an industry thought leader, driving innovation and advancing data-driven decision-making to improve reliability, reduce risk, and accelerate grid modernization.
Minimum:
Bachelor’s Degree in Data Science, Machine Learning, Computer Science, Physics, Econometrics or Economics, Engineering, Mathematics, Applied Sciences, Statistics, Business or equivalent field
6 years of job-related experience
OR Master’s Degree and 5 years’ job-related experience
OR Doctorate and 3 year of job-related experience
Desired:
- Master’s degree or equivalent experience in Power System Engineering
- Job-related experience, 8 years
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Quantitative Analyst Job Market in California
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Who's Hiring



Top Industries Hiring
- Investment & Asset Management
- Construction & Real Estate
- Science & Research
- Banking & Financial Services
What California Employers Look For
The qualifications that appear most often in quantitative analyst jobs across California.
- Advanced degree in mathematics, statistics, financial engineering, or a related quantitative field
- Proficiency in Python, R, or C++ for building and backtesting quantitative models
- Demonstrated experience with statistical modeling, stochastic calculus, or econometrics
- Familiarity with financial products including derivatives, equities, or fixed income instruments
- Experience using large datasets and tools such as SQL, MATLAB, or Bloomberg Terminal
- Strong written and verbal communication skills for presenting model results to non-technical stakeholders
Quantitative Analyst Jobs in California: Frequently Asked Questions
How do you become a quantitative analyst in California?
Most quantitative analyst roles in California require at minimum a master's degree, and many firms prefer a PhD, in mathematics, statistics, financial engineering, computer science, or physics. California does not issue a state-specific license for quantitative analysts, but candidates who pursue the CFA designation or the Financial Risk Manager credential gain a measurable edge with California's asset managers and banks. Large Bay Area and Los Angeles firms typically recruit directly from university programs and through internal referrals.
How much do quantitative analysts make in California?
Quantitative analysts in California earn a median of about $80,810 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $49,160 for the lowest 10% to over $163,120 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire quantitative analysts in California?
Employers hiring quantitative analysts in California right now include Pacific Gas and Electric, PIMCO, and Verse, based on current listings on Migrate Mate as of August 2026. California's concentration of hedge funds, technology firms, and major bank regional offices makes it one of the deepest markets in the country for quant hiring across asset classes.
Which California cities have the most quantitative analyst jobs?
Oakland, Newport Beach, and San Francisco account for the most quantitative analyst openings in California. San Francisco and San Jose dominate because of the dense overlap between fintech, venture capital, and institutional asset management, while Los Angeles supports a growing concentration of hedge funds and entertainment-industry finance groups that draw heavily on quantitative talent.
Are there remote quantitative analyst jobs in California?
Yes, and more than most fields. About 71% of quantitative analyst openings tied to California are remote or hybrid as of August 2026, reflecting how model development and research work translates well to distributed environments. Roles centered on independent research, model validation, and data analysis tend to be the most remote-friendly, while positions requiring real-time trading floor access or close collaboration with trading desks are typically on-site.
How can I get hired as a quantitative analyst in California with little or no experience?
The most realistic entry path is through a quantitative internship or a junior analyst role at a California-based asset manager, bank, or fintech, often sourced from master's or PhD programs at UC Berkeley, UCLA, or Stanford. Large California employers like Wells Fargo and BlackRock run structured new-graduate programs that place candidates into rotational quant roles. Candidates transitioning from adjacent positions such as data scientist, actuary, or financial analyst strengthen their case by building a portfolio of independent modeling projects and earning the CFA or FRM credential.
Where can I find and apply to quantitative analyst jobs in California?
You can find and apply to quantitative analyst jobs in California on Migrate Mate, which lists current California openings updated regularly. Find the roles that fit your background and apply directly to each one.
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