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Quantitative analyst vs treasury analyst

The differences between quantitative analysts and treasury analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a quantitative analyst and a treasury analyst. Additionally, a quantitative analyst has an average salary of $101,197, which is higher than the $72,667 average annual salary of a treasury analyst.

The top three skills for a quantitative analyst include python, SAS and risk management. The most important skills for a treasury analyst are treasury, cash management, and ACH.

Quantitative analyst vs treasury analyst overview

Quantitative AnalystTreasury Analyst
Yearly salary$101,197$72,667
Hourly rate$48.65$34.94
Growth rate9%9%
Number of jobs48,64450,817
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does a quantitative analyst do?

A quantitative analyst is trained to gather quantitative methods to help companies do business and make other related decisions. In the world of trading, quantitative analysts are in demand. It is their job as quantitative analysts to help banks value their securities. They identify cost-effective investment opportunities and measure risk. They can also work for the insurance companies to develop pricing models and assess risk evaluation strategies. Also, some quantitative analysts work on the back end to enhance computer software and to evaluate financial data.

What does a treasury analyst do?

A treasury analyst is an individual who manages and analyses the financial activities of an organization that can include cash flows, liability obligations, and assets. Treasury analysts are required to execute the daily cash management of the organization such as cash forecasting, investing of excess cash, and running a hedging program in interest rates. They must present monthly reports and daily briefings on cash flows to senior management and provide advice on the financial operations of the movement of cash. Treasury analysts also update treasury policies and procedures for the organization to comply.

Quantitative analyst vs treasury analyst salary

Quantitative analysts and treasury analysts have different pay scales, as shown below.

Quantitative AnalystTreasury Analyst
Average salary$101,197$72,667
Salary rangeBetween $68,000 And $148,000Between $52,000 And $100,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyThe CitadelGoogle
Best paying industryTechnologyAutomotive

Differences between quantitative analyst and treasury analyst education

There are a few differences between a quantitative analyst and a treasury analyst in terms of educational background:

Quantitative AnalystTreasury Analyst
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 76%
Most common majorFinanceBusiness
Most common collegeUniversity of Notre DameUniversity of Pennsylvania

Quantitative analyst vs treasury analyst demographics

Here are the differences between quantitative analysts' and treasury analysts' demographics:

Quantitative AnalystTreasury Analyst
Average age4040
Gender ratioMale, 79.5% Female, 20.5%Male, 51.1% Female, 48.9%
Race ratioBlack or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between quantitative analyst and treasury analyst duties and responsibilities

Quantitative analyst example responsibilities.

  • Manage and update early engagement processes daily through SharePoint.
  • Develop C++ codes and unix shell scripts in linux environment.
  • Perform extensive data and statistical analysis using advance packages like SAS to provide business solutions.
  • Develop predictive models using logistic regression and CHAID to target existing and prospective customers for catalog mailing events and online campaigns.
  • Create the next generation distribute C++ mortgage analytics library with Intex.
  • Present the visualization of results with Google motion charts and maps to UNDP representatives
  • Show more

Treasury analyst example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Administrate treasury /liquidity analysis, foreign currency transactions, EFT and ACH activity.
  • Serve as key decision-maker in management of corporate treasury functions for this brokerage service provider.
  • Perform month-end processes- including SOX quarterly compliance testing, internal controls testing for external auditors.
  • Perform cash forecasting activities to model future financial liquidity perform financial analysis to determine cash position, and daily bank reconciliations.
  • Compile foreign exchange rates for Hyperion team.
  • Show more

Quantitative analyst vs treasury analyst skills

Common quantitative analyst skills
  • Python, 13%
  • SAS, 8%
  • Risk Management, 7%
  • Model Development, 5%
  • Statistical Models, 5%
  • C++, 4%
Common treasury analyst skills
  • Treasury, 17%
  • Cash Management, 16%
  • ACH, 5%
  • Treasury Operations, 4%
  • Reconciliations, 4%
  • Cash Flow, 3%

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