Junior Quantitative Analyst - Remote

NovartisBakersfield, CA
21h$125,000 - $140,000Hybrid

About The Position

We are a data-driven financial services organization dedicated to delivering innovative quantitative solutions across investment, risk management, and trading strategies. Our team leverages advanced statistical modeling, programming, and market research to drive performance and manage risk effectively. Position Overview We are seeking a highly motivated Junior Quantitative Analyst to join our growing analytics team. This role is ideal for candidates with strong quantitative, mathematical, and programming skills who are eager to apply their knowledge in real-world financial markets. The Junior Quantitative Analyst will support model development, data analysis, research initiatives, and performance evaluation of trading and risk strategies. Both full-time and part-time opportunities are available. This position offers a hybrid work structure, combining remote flexibility with collaborative in-office engagement.

Requirements

  • Bachelor’s degree in Mathematics, Statistics, Finance, Economics, Computer Science, Engineering, or a related quantitative field
  • Strong understanding of probability, statistics, linear algebra, and financial mathematics
  • Proficiency in Python, R, MATLAB, or similar programming languages
  • Experience with SQL and data analysis tools
  • Strong analytical and problem-solving skills
  • Excellent written and verbal communication skills
  • Ability to work independently and collaboratively in a hybrid environment

Nice To Haves

  • Knowledge of financial markets, derivatives, and portfolio theory
  • Familiarity with machine learning techniques
  • Experience with data visualization tools (Tableau, Power BI, etc.)

Responsibilities

  • Assist in developing, testing, and validating quantitative models for trading and risk management
  • Analyze large financial datasets to identify trends, anomalies, and opportunities
  • Support backtesting of trading strategies and performance evaluation
  • Conduct statistical analysis using Python, R, or similar tools
  • Collaborate with senior analysts, traders, and risk teams
  • Prepare reports and visualizations for internal stakeholders
  • Maintain documentation for models and analytical processes
  • Monitor model performance and recommend improvements

Benefits

  • Base Salary: $125,000 – $140,000 per year (commensurate with experience)
  • Annual Bonus: Typically 10–20% of base salary
  • 401(k) Retirement Plan
  • Health Insurance
  • Dental & Vision Insurance
  • Life Insurance
  • Paid Time Off (PTO) and Company Holidays
  • Professional development and training opportunities
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