Quantitative Research Analyst Jobs in New York
Quantitative Research Analyst jobs in New York represent one of the most active and competitive markets in the country, concentrated in finance, asset management, hedge funds, and investment banking across Manhattan's Midtown and Lower Manhattan corridors, with additional demand in Long Island City and Jersey City. Major employers with a lasting presence include JPMorgan Chase, Goldman Sachs, and BlackRock, each maintaining large quantitative research teams. The most in-demand specialties are equity research modeling, fixed income analytics, and machine learning-driven systematic strategies. Find a role that fits below and apply directly.
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The Quantitative Trading and Research (QTR) Equity Derivatives team is looking for a junior quant to focus on exotic products. The objective is to drive and implement analytics, optimization and modeling for Equity Exotic trading, with immediate focus on payoff development, risk management and lifecycle modeling.
Job Summary
As an Associate for the Quantitative Equity Derivatives Exotics team, you will make extensive use of quantitative techniques, including machine learning, to deliver end-to-end solutions for the business. This includes introducing a systematic framework to develop derivative products, strengthen risk and P&L control and facilitate lifecycle management, developing derivative pricing and lifecycle models, as well as identifying and monitoring associated model risks.
Job responsibilities:
- Develop a framework and key components to develop derivative products including life cycling and model validation, using dependency-graph programming and Python language.
- Model derivative products using C++ - Python hybrid programming to meet business requests.
- Drive payoff innovation using the product design framework and machine learning techniques.
- Streamline product review under the product design framework and provide clear model documentation to facilitate model approvals.
- Evaluate quantitative methodologies including identifying and monitoring model risks associated with derivative valuation models.
- Support trading activities by explaining model behavior, identifying major sources of risk in portfolios and carrying out scenario analyses.
Required qualifications, capabilities, and skills:
- Master or PhD degree in a quantitative field from a top university.
- Up to 3 years of experience in derivatives quantitative research.
- Strong programming skills in C++, Python and numerical packages.
- Experience with statistical analysis and machine learning.
- Experience with derivatives pricing models and equity derivatives products.
- Solid understanding of the application of Monte-Carlo simulation and finite-difference PDE in derivative pricing.
- Ability to communicate effectively with business stakeholders.
- Prior experience in a front-office quantitative research role.
- Experience or good knowledge in dependency-graph programming.
Preferred qualifications, capabilities, and skills:
- Knowledge of risk management frameworks and regulatory requirements.
ABOUT US
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
The Quantitative Trading and Research (QTR) Equity Derivatives team is looking for a junior quant to focus on exotic products. The objective is to drive and implement analytics, optimization and modeling for Equity Exotic trading, with immediate focus on payoff development, risk management and lifecycle modeling.
Job Summary
As an Associate for the Quantitative Equity Derivatives Exotics team, you will make extensive use of quantitative techniques, including machine learning, to deliver end-to-end solutions for the business. This includes introducing a systematic framework to develop derivative products, strengthen risk and P&L control and facilitate lifecycle management, developing derivative pricing and lifecycle models, as well as identifying and monitoring associated model risks.
Job responsibilities:
- Develop a framework and key components to develop derivative products including life cycling and model validation, using dependency-graph programming and Python language.
- Model derivative products using C++ - Python hybrid programming to meet business requests.
- Drive payoff innovation using the product design framework and machine learning techniques.
- Streamline product review under the product design framework and provide clear model documentation to facilitate model approvals.
- Evaluate quantitative methodologies including identifying and monitoring model risks associated with derivative valuation models.
- Support trading activities by explaining model behavior, identifying major sources of risk in portfolios and carrying out scenario analyses.
Required qualifications, capabilities, and skills:
- Master or PhD degree in a quantitative field from a top university.
- Up to 3 years of experience in derivatives quantitative research.
- Strong programming skills in C++, Python and numerical packages.
- Experience with statistical analysis and machine learning.
- Experience with derivatives pricing models and equity derivatives products.
- Solid understanding of the application of Monte-Carlo simulation and finite-difference PDE in derivative pricing.
- Ability to communicate effectively with business stakeholders.
- Prior experience in a front-office quantitative research role.
- Experience or good knowledge in dependency-graph programming.
Preferred qualifications, capabilities, and skills:
- Knowledge of risk management frameworks and regulatory requirements.
ABOUT US
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
See All 53 Quantitative Research Analyst Jobs in New York
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Find JobsQuantitative Research Analyst Jobs by City in New York
Where New York roles are concentrated, by current openings.
Quantitative Research Analyst Job Market in New York
A snapshot from current New York openings, updated as new roles post.
Who's Hiring
- JPMorganChase27
- Millennium Management4
- Meta2
- Tudor2T
- Trexquant Investment LP2
Top Industries Hiring
- Investment & Asset Management12
- Banking & Financial Services7
- Fintech6
- Technology & Software1
What New York Employers Look For
The qualifications that appear most often in quantitative research analyst jobs across New York.
- Advanced degree in mathematics, statistics, financial engineering, or a related quantitative field
- Demonstrated proficiency in Python, R, or MATLAB for financial modeling and data analysis
- Experience building and backtesting quantitative trading or investment research models
- Strong knowledge of probability theory, stochastic calculus, and time-series analysis
- Familiarity with Bloomberg, Refinitiv, or proprietary financial data platforms used in New York firms
- Ability to communicate complex quantitative findings clearly to portfolio managers and stakeholders
Quantitative Research Analyst Jobs in New York: Frequently Asked Questions
How do you become a quantitative research analyst in New York?
Most quantitative research analyst roles in New York require at least a master's degree, and many leading firms on Wall Street expect a PhD in mathematics, statistics, physics, or financial engineering. New York does not require a state-issued license specific to this role, but candidates pursuing roles that involve securities recommendations may need FINRA registration through their employer. Top New York programs at NYU Courant, Columbia, and Cornell Tech feed directly into the city's finance and hedge fund ecosystem.
How much do quantitative research analysts make in New York?
Quantitative research analysts in New York earn a median of about $107,490 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $55,370 for the lowest 10% to over $230,770 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire quantitative research analysts in New York?
Employers hiring quantitative research analysts in New York right now include JPMorganChase, Millennium Management, and Meta, based on current listings on Migrate Mate as of August 2026. New York's concentration of global investment banks, hedge funds, and asset managers makes it one of the deepest hiring markets for quantitative research talent anywhere in the world.
Which New York cities have the most quantitative research analyst jobs?
New York, New York, and Great Neck account for the largest share of quantitative research analyst openings in New York. Manhattan dominates because of its dense concentration of investment banks, hedge funds, and asset managers headquartered in Midtown and Lower Manhattan, while any suburban or outer-borough listings are typically tied to technology or risk teams at large financial institutions with satellite offices.
Are there remote quantitative research analyst jobs in New York?
Yes, and more than many finance roles, since quantitative research is primarily desk and model-based work. About 30% of quantitative research analyst openings tied to New York are remote or hybrid as of August 2026, reflecting the analytical and independent nature of the work. Roles focused on model development and data analysis are most likely to offer flexible arrangements, while positions requiring close collaboration with trading desks tend to be on-site.
How can I get hired as a quantitative research analyst in New York with little or no experience?
The most realistic entry path is through a quantitative internship or a rotational analyst program at a large New York firm, with JPMorgan, Goldman Sachs, and major asset managers running structured new-graduate programs each year. Candidates without full experience can also transition from adjacent roles such as data analyst, financial analyst, or risk analyst positions. A strong portfolio of independent research, competition results from platforms like Kaggle, or a master's thesis with applied financial modeling gives New York hiring managers a concrete reason to consider early-career candidates.
Where can I find and apply to quantitative research analyst jobs in New York?
You can find and apply to quantitative research analyst jobs in New York on Migrate Mate, which lists current openings across the state. Search the available roles, find the ones that fit your background and target employer, and apply directly. No extra steps are needed beyond reviewing the listings and submitting your application.
See All 53 Quantitative Research Analyst Jobs in New York
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