The average salary for a Quantitative Analyst is C$78,861.
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C$61k - C$114k
C$5k - C$16k
C$61k - C$122k
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Job Description for Quantitative Analyst
Quantitative analysts are tasked with devising strategies for maximum efficiency when it comes to trading stock. They work closely with other mathematical professionals to continuously improve trading protocols and strategies, and must combine all the skills they've learned in school, including mathematics, finance, and computer skills, to maximize the profits of their business. Quantitative analysts create and edit analytical models, work closely with financial staff, research the best tools t…Read more
Quantitative Analyst Tasks
- Research and analyze market statistics to develop, test, validate, execute, and maintain analytical software programs and quantitative models.
- Perform risk analytics, loan pricing, and default risk modeling.
- Design tests and experiments to collect data and test new models and programs.
- Query, consolidate, and present data to senior management.
- Assist in the construction and execution of portfolio management.
Quantitative Analyst Job Listings
Popular Skills for Quantitative Analyst
Skills in Financial Modeling and Matlab are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis and Statistical Analysis.
Pay by Experience Level for Quantitative Analyst
An entry-level Quantitative Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$74,865 based on 9 salaries. An early career Quantitative Analyst with 1-4 years of experience earns an average total compensation of C$78,344 based on 18 salaries. A mid-career Quantitative Analyst with 5-9 years of experience earns an average total compensation of C$110,000 based on 6 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Quantitative Analyst in their job title in Toronto, Ontario earn an average of 1.4% more than the national average. These job titles also find higher than average salaries in Vancouver, British Columbia (0.3% more). The lowest salaries can be found in Montréal, Québec (2.1% less).
Years of Experience
This data is based on 33 survey responses.
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