Quantitative Analyst Jobs in New Jersey
Quantitative Analyst jobs in New Jersey are concentrated in Jersey City, Princeton, and Newark, where firms like JPMorgan Chase, Prudential Financial, and Johnson & Johnson maintain major operations and hire across risk modeling, derivatives pricing, and algorithmic trading. The corridor running from Jersey City into Midtown Manhattan makes the state one of the most active quantitative hiring markets on the East Coast, drawing demand at every level from junior analyst to senior quant researcher. See the openings below and apply to the ones that match your experience.
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Job Summary
We are seeking an experienced Solar Financial Modeling Specialist / Quantitative Analyst to review, audit, and validate the underwriting math, financial algorithms, and backend developer code for SolarProforma.ai—an institutional clean energy financial engine and procurement platform.
In this role, you will partner directly with our founder and lead full-stack developer to perform a comprehensive financial model audit. You will verify our 30-year cash flow mechanics, tax incentive logic (IRA Section 48/48E, Domestic Content adders, Foreign Entity of Concern / FEOC exclusions), debt/equity structuring, and automated proforma calculations to ensure bankability and institutional precision.
Key Responsibilities
Financial Model Audit & Formula Verification: Audit complex C&I solar financial models, verifying underlying formulas for 30-Year Cash Flows, Project IRR, Equity IRR, NPV, LCOE, Debt Service Coverage Ratios (DSCR), and payback periods.
Tax Incentive & Compliance Logic Review: Validate mathematical modeling of Inflation Reduction Act (IRA) incentives, including Domestic Content percentage thresholds, energy community adders, and FEOC filtering logic.
Developer Code Collaboration: Work directly with our software developer to review code implementations (converting financial formulas into backend functions) to ensure software outputs match institutional underwriting standards.
Stress-Testing & Edge-Case Auditing: Run sensitivity analyses and edge-case testing (e.g., varying degradation rates, blended hardware pricing structures, multi-tier utility escalation rates) to catch mathematical anomalies before production releases.
Bankability & Output Verification: Ensure output reports and proforma summaries meet the rigorous underwriting criteria required by commercial lenders, tax equity investors, and EPCs.
Qualifications & Requirements
Domain Experience: 3+ years of hands-on experience in C&I solar project finance, renewable energy underwriting, or quantitative financial modeling at an IPP, EPC, commercial solar developer, or clean energy fund.
Advanced Financial Modeling: Expert-level proficiency in financial proformas, cash flow modeling, discount rates, debt structuring, and tax credit mechanics.
Code Literacy: Ability to review formula logic in Python, JavaScript/TypeScript, or pseudocode alongside a developer.
Tax Credit Knowledge: Thorough understanding of IRA tax credit rules (Section 48/48E), Domestic Content guidance, and C&I power purchase agreement (PPA) / lease / cash purchase metrics.
Attention to Detail: Absolute precision with numbers, financial algorithms, and data verification.
Pay: $40.00 - $45.00 per hour
Work Location: Hybrid remote in Cliffwood, NJ 07721
See All 6 Quantitative Analyst Jobs in New Jersey
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Find Quantitative Analyst JobsQuantitative Analyst Jobs by City in New Jersey
Where New Jersey roles are concentrated, by current openings.
Quantitative Analyst Job Market in New Jersey
A snapshot from current New Jersey openings, updated as new roles post.
Who's Hiring
Top Industries Hiring
- Banking & Financial Services
What New Jersey Employers Look For
The qualifications that appear most often in quantitative analyst jobs across New Jersey.
- Advanced degree in mathematics, statistics, financial engineering, or a closely related quantitative field
- Proficiency in Python, R, or MATLAB for model development and data analysis
- Experience building and validating risk, pricing, or trading models in a financial environment
- Strong understanding of stochastic calculus, probability theory, and financial derivatives
- Ability to work with large datasets using SQL, pandas, or comparable data manipulation tools
- Familiarity with regulatory frameworks such as Basel III or model risk management guidelines
Quantitative Analyst Jobs in New Jersey: Frequently Asked Questions
How do you become a quantitative analyst in New Jersey?
Quantitative analyst roles in New Jersey do not require a state-issued license, so the path centers on education and demonstrated technical skill. Most employers in the Jersey City and Princeton corridors expect at least a master's degree in financial engineering, applied mathematics, or statistics, with a doctorate preferred at top-tier firms. Candidates build competitive profiles through internships at New Jersey financial institutions, strong programming portfolios, and coursework from programs at Rutgers University or Stevens Institute of Technology.
How much do quantitative analysts make in New Jersey?
Quantitative analysts in New Jersey earn a median of about $98,630 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $60,160 for the lowest 10% to over $161,190 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire quantitative analysts in New Jersey?
Companies currently hiring quantitative analysts in New Jersey include Stradit, Aten Solar, and Valley Bank, per current listings on Migrate Mate as of August 2026. New Jersey's concentration of investment banks, insurance carriers, and pharmaceutical companies in the Princeton and Jersey City areas makes it one of the broadest employer bases for quantitative roles outside of New York City.
Which New Jersey cities have the most quantitative analyst jobs?
The cities with the most quantitative analyst openings in New Jersey are Jersey City, Fort Lee, and Cliffwood. Jersey City dominates because of its dense cluster of investment banks and trading firms operating just across the Hudson from Wall Street, while Princeton draws quant talent into asset management and pharmaceutical analytics, and Newark anchors demand through its insurance and financial services headquarters.
Are there remote quantitative analyst jobs in New Jersey?
Yes, and more than most fields. About 100% of quantitative analyst openings tied to New Jersey are remote or hybrid as of August 2026, reflecting how much of the work involves modeling, coding, and data analysis that can be done independently. Model validation, research, and back-end quantitative development tend to offer the most remote flexibility, while trading-desk and client-facing roles typically require on-site presence.
How can I get hired as a quantitative analyst in New Jersey with little or no experience?
The most realistic entry path is a structured internship or rotational analyst program at a New Jersey financial institution, since firms like Prudential Financial and Goldman Sachs' Jersey City offices regularly recruit new graduates into quantitative analyst associate tracks. Candidates without full-time experience strengthen their profile by completing a master's program at Rutgers or Stevens Institute of Technology, building a public modeling or coding portfolio, and targeting junior roles in risk analytics or quantitative research that transition naturally into full quant positions.
Where can I find and apply to quantitative analyst jobs in New Jersey?
You can find and apply to quantitative analyst jobs in New Jersey on Migrate Mate, which lists current openings tied to the state. Search the listings to find roles that match your background, experience level, and preferred location within New Jersey, then apply directly to the ones that fit.
See All 6 Quantitative Analyst Jobs in New Jersey
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