Quantitative Analyst vs Treasury Analyst: Which Pays More?
Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.
Quantitative Analyst
Build mathematical models for pricing, risk management, and algorithmic trading.
Treasury Analyst
Manage cash flow, liquidity, and financial risk for corporate treasury.
Quantitative Analyst earns more on average — the national median is $2,910/year (3%) higher than a Treasury Analyst. However, salaries vary significantly by city, employer, and experience level — see the city-by-city breakdown below.
Quantitative Analyst vs Treasury Analyst — Salary by City
National median figures in USD across top cities.
| City | Quantitative Analyst | Treasury Analyst | Difference |
|---|---|---|---|
| San Francisco, CA | $155,771 | $146,051 | Quantitative +$9,720 |
| New York, NY | $130,092 | $122,304 | Quantitative +$7,788 |
| Seattle, WA | $151,610 | $149,231 | Quantitative +$2,379 |
| Austin, TX | $116,913 | $117,079 | Quantitative $166 |
| Chicago, IL | $113,324 | $108,952 | Quantitative +$4,372 |
| Boston, MA | $140,826 | $134,405 | Quantitative +$6,421 |
| London, UK | £80,687 | £79,386 | Quantitative +$1,301 |
| Toronto, Canada | CA$142,880 | CA$140,334 | Quantitative +$2,546 |
Frequently Asked Questions
Does a Quantitative Analyst or Treasury Analyst earn more?+
A Quantitative Analyst earns more on average. The national median salary for a Quantitative Analyst is $105,650/year, compared to $102,740/year for a Treasury Analyst — a difference of $2,910 (3%).
Which has better career growth — Quantitative Analyst or Treasury Analyst?+
Quantitative Analyst roles are growing at 18% YoY while Treasury Analyst demand is growing at 10% YoY. Quantitative Analyst has stronger near-term demand growth.
Can you switch from Quantitative Analyst to Treasury Analyst?+
Yes. Many professionals transition between these roles, especially since both are in the same category. Shared skills include: analytical thinking, communication, and industry knowledge.
Which is harder to automate — Quantitative Analyst or Treasury Analyst?+
Quantitative Analyst has a lower AI automation risk (35% vs 60%). Based on Oxford Martin School and McKinsey 2023 analysis.