The average salary for a Quantitative Analyst, Research is $65,906 per year. People in this job generally don't have more than 20 years' experience. For the first five to ten years in this position, salary increases steeply, but any additional experience does not have a big effect on pay. A skill in Matlab is associated with high pay for this job.
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
$42,573 - $123,514
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 139
Job Description for Quantitative Analyst, Research
Prototype, test, and implement statistical models for prediction and understanding of current state.
Collect and add metadata to data and databases, and include sources and importance of features.
Analyze and interpret results in order to create reports and recommendations.
Develop, improve, and document statistics and algorithms for existing and developing models.
Create research protocols, testing instruments, and identifying potential sources for error.