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Quantitative Analyst - Job Opportunity at ReadyRecruit India

Jersey City, United States
Full-time
Entry-level
Posted: March 7, 2025
On-site
USD 93,236 - 112,285 per year

Benefits

No standard benefits package listed

Key Responsibilities

Analyze and manage costs for construction/manufacturing projects
Project cost analysis and optimization
Financial modeling and forecasting
Cost control implementation
Budget oversight and variance analysis

Requirements

Experience

1 year
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Sauge AI Market Intelligence

Industry Trends

The quantitative analysis field is experiencing rapid evolution with increasing emphasis on automation and machine learning integration. Construction and manufacturing sectors are showing growing demand for cost optimization specialists due to supply chain complexities. Rising importance of ESG considerations in project cost analysis is creating new analytical requirements.

Salary Evaluation

The offered salary range of $93-112k is competitive for an entry-level quantitative analyst role in the Jersey City market, reflecting the technical nature of the position and proximity to NYC financial hub.

Role Significance

Likely part of a small to medium-sized analytical team (3-7 members) supporting larger project management structure.
Entry-level position with significant responsibility for cost management and analysis, indicating strong growth potential.

Key Projects

Cost optimization initiatives for major construction projects Manufacturing efficiency analysis and improvement programs Budget forecasting and variance analysis projects Supply chain cost optimization studies

Success Factors

Strong analytical capabilities combined with practical cost management experience Ability to translate complex data into actionable insights Effective communication skills to present findings to project stakeholders Adaptability to handle multiple projects and changing priorities

Market Demand

High demand with steady growth projected, particularly in construction and manufacturing sectors requiring cost optimization expertise.

Important Skills

Critical Skills

Advanced Excel and financial modeling capabilities Statistical analysis and data interpretation skills Project cost management methodology expertise Understanding of construction/manufacturing cost drivers

Beneficial Skills

Programming skills (Python, R) Experience with ERP systems Knowledge of supply chain management Familiarity with project management methodologies

Unique Aspects

25% travel requirement indicates hands-on project involvement
Relocation requirement suggests strong commitment to local presence
Entry-level role with substantial salary range indicates high value placed on quantitative skills

Career Growth

Typical progression to senior role in 2-3 years with demonstrated success in cost optimization projects.

Potential Next Roles

Senior Quantitative Analyst Cost Management Lead Project Controls Manager Financial Planning Manager

Company Overview

ReadyRecruit India

ReadyRecruit India appears to be operating as a talent provider for US-based projects, suggesting a global delivery model.

While specific market position is unclear, the company operates in the competitive technical recruitment space serving US clients.
Strong presence in Jersey City with apparent focus on technical and analytical roles.
Corporate environment with emphasis on technical expertise and project-based work structure.
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