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Associate Quantitative Risk Analyst Jobs in Connecticut

Build and develop a high-performing technology risk team** grounded in analytical rigor ... and quantitative approaches such as FAIR, with the ability to translate risk data into clear ...

... and Quantitative Strategies. Role Summary: We are seeking a highly motivated and detail-oriented ... Monitor portfolio risk exposures and recommend adjustments where appropriate. * Partner with ...

... and Quantitative Strategies. Role Summary: We are seeking a highly motivated and detail-oriented ... Monitor portfolio risk exposures and recommend adjustments where appropriate. * Partner with ...

Financial Risk Senior Consultant

Stamford, CT · On-site

$124.20K/yr

Strong analytical, critical thinking, and organizational skills * Enthusiasm for developing ... Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP). * Expertise ...

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Associate Quantitative Risk Analyst information

What are the key skills and qualifications needed to thrive as an Associate Quantitative Risk Analyst, and why are they important?

To thrive as an Associate Quantitative Risk Analyst, you need a strong background in mathematics, statistics, finance, and data analysis, typically supported by a relevant degree such as in finance, mathematics, or economics. Familiarity with statistical software (like R, SAS, or Python), financial modeling tools, and possibly certifications such as FRM or CFA is highly valuable. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for interpreting complex data and presenting findings. These competencies are essential for accurately assessing financial risks and supporting informed decision-making in risk management environments.

What are some common challenges faced by Associate Quantitative Risk Analysts in their first year, and how can they overcome them?

In their first year, Associate Quantitative Risk Analysts often encounter challenges such as adapting to complex financial models, learning to interpret large datasets, and effectively communicating technical findings to non-technical stakeholders. Navigating regulatory requirements and understanding the company's risk management framework can also be demanding. To overcome these obstacles, new analysts should proactively seek mentorship, participate in team discussions, and leverage internal training resources to build both technical and soft skills. Regular collaboration with colleagues in risk, finance, and IT departments can also provide valuable insights and accelerate professional growth.

What are Associate Quantitative Risk Analysts?

Associate Quantitative Risk Analysts are entry- to mid-level professionals who help financial institutions and organizations assess and manage risk using mathematical models and statistical techniques. They analyze data to identify potential risks, develop risk management strategies, and support decision-making processes. Their work often involves using quantitative software, working with large datasets, and collaborating with other risk management and finance professionals. Typically, they have backgrounds in mathematics, statistics, finance, or related fields.

What is the difference between Associate Quantitative Risk Analyst vs Credit Risk Analyst?

AspectAssociate Quantitative Risk AnalystCredit Risk Analyst
Required CredentialsBachelor's in finance, economics, or related field; often some familiarity with quantitative methodsBachelor's in finance, economics, or related field; certifications like CFA or FRM are common
Work EnvironmentFinancial institutions, risk management teams, quantitative departmentsBanking, lending institutions, credit departments
Employer & Industry UsageUsed in risk modeling, data analysis, and quantitative assessmentsFocuses on assessing creditworthiness and loan risk

The Associate Quantitative Risk Analyst primarily focuses on developing models and analyzing data to measure financial risks, often working with quantitative tools. In contrast, a Credit Risk Analyst concentrates on evaluating the creditworthiness of borrowers and managing credit risk. While both roles require similar educational backgrounds and work within financial institutions, their core responsibilities differ—one emphasizes quantitative modeling, the other credit assessment.

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What job categories do people searching Associate Quantitative Risk Analyst jobs in Connecticut look for? The top searched job categories for Associate Quantitative Risk Analyst jobs in Connecticut are:
What cities in Connecticut are hiring for Associate Quantitative Risk Analyst jobs? Cities in Connecticut with the most Associate Quantitative Risk Analyst job openings:
Director, Technology Risk

Director, Technology Risk

Factset

Norwalk, CT • On-site

Full-time

Posted 8 days ago


Job description

FactSet creates flexible, open data and software solutions for over 200,000 investment professionals worldwide, providing instant access

to financial data and analytics that investors use to make crucial decisions.

At FactSet, our values are the foundation of everything we do. They express how we act and operate, serve as a compass in our decision-making, and play a big role in how we treat each other, our clients, and our communities. We believe that the best ideas can come from anyone, anywhere, at any time, and that curiosity is the key to anticipating our clients' needs and exceeding their expectations.

The Senior Director of Technology Risk will establish and lead FactSet's enterprise technology risk function. This foundational leadership role is responsible for building frameworks, methodologies, governance structures, and the team required to identify, assess, prioritize, and manage technology risks across the enterprise. As the function does not exist in its intended form today, the successful candidate will build it end-to-end, and define its scope, credibility, and enterprise impact.


A core mandate of the role is to enable risk-informed technology investment decisions. Technology spending, modernization efforts, and operational improvements will be evaluated based on both the severity of technology risk and the strategic importance of the affected products, platforms, and services. The leader of the function will operationalize this approach through a consistent, credible, and actionable decision framework that directly influences capital allocation and engineering priorities.


This role partners closely with the Chief Technology Officer, enterprise risk, engineering and platform leaders, product management, and finance to embed risk-based thinking into technology planning and portfolio management. Success requires technical depth, business acumen, and the ability to translate complex technology risk concepts into clear investment narratives that inform executive and Board-level decisions.

Key Responsibilities:

  • Establish and lead FactSet's technology risk function, including frameworks, methodologies, tools, governance, and team structure to identify, assess, prioritize, and manage risks across the technology portfolio

  • Define a technology risk taxonomy and scoring model** that incorporates risk severity, business criticality, revenue contribution, customer dependency, and strategic alignment to enable consistent, defensible investment prioritization

  • Produce clear, quantified risk profiles** that connect technology risks to business outcomes, informing remediation, modernization, and operational spend decisions

  • Partner with engineering, platform, and product leaders to conduct regular risk assessments across infrastructure resilience, application health, third-party dependencies, data risk, and technology change risk

  • Build and maintain a centralized technology risk register tracking identified risks, ownership, ratings, remediation plans, and residual risk levels - serving as the single source of truth for FactSet's risk posture

  • Establish governance forums and reporting cadences that deliver timely, actionable risk insights to the CTO, executive leadership, and the Board

  • Define, track, and report on KRIs and KPIs to enable proactive monitoring and early detection of emerging risks

  • Embed technology risk considerations into architecture decisions, roadmaps, modernization initiatives, and major change programs in partnership with the CISO and engineering leadership

  • Lead risk assessments for significant investments, platform adoptions, vendor selections, and major change programs to support go/no-go and prioritization decisions

  • Collaborate with Legal, Compliance, Finance, and Internal Audit to align the technology risk function with regulatory requirements and the broader Enterprise Risk Management (ERM) framework

  • Build and develop a high-performing technology risk team** grounded in analytical rigor, intellectual honesty, and strong business partnership

  • Design and deliver technology risk literacy programs** that empower engineers and business leaders to engage with risk as a strategic management tool - not solely a compliance exercise

Required Skills:

  • 15+ years of technology experience, including 7+ years in technology risk or IT risk management within a global Fintech, Financial Services, or enterprise technology organization

  • Proven track record building or significantly maturing a technology risk practice, including frameworks, taxonomies, assessment methodologies, governance structures, and risk registers

  • Strong command of risk quantification methods, including qualitative scoring models and quantitative approaches such as FAIR, with the ability to translate risk data into clear investment cases and prioritization decisions

  • Deep expertise across infrastructure resilience, application and platform health, third-party and vendor risk, data risk, operational risk, and technology change risk

  • Demonstrated success embedding risk-based thinking into technology portfolio management and investment decision-making in partnership with Finance, Product, and Engineering leadership

  • Familiarity with enterprise risk frameworks such as COSO, ISO 31000, or COBIT, and the ability to integrate technology risk into broader organizational governance

  • Strong understanding of technology portfolio concepts including business criticality, technical debt, service dependencies, application lifecycle, and platform health

  • Executive-level communication skills, with experience presenting risk posture, investment priorities, and remediation progress to Audit Committees and Boards

  • Experience with GRC platforms and risk management tooling, including defining requirements and driving adoption across large technology organizations

  • Relevant certifications such as CRISC or CGEIT preferred

Leadership & Behavioral Competencies:

  • Strategic thinker who connects technology risk to business outcomes, investment decisions, and organizational resilience

  • Trusted advisor capable of influencing technology investment priorities without direct authority over engineering or product teams

  • Analytically rigorous and intellectually honest, including the ability to deliver difficult risk assessments with clarity and urgency

  • Collaborative and relationship-driven, with the ability to build strong partnerships across Engineering, Product, Finance, Legal, Compliance, and executive leadership

  • Pragmatic and decisive, balancing thorough analysis with timely, actionable decision-making

Education & Credentials:

  • Bachelor's degree in computer science, Information Systems, Engineering, Finance, or a related field preferred

  • Advanced degrees (MBA or MS in a technology or risk-related discipline) is valued but not required

  • Relevant professional certifications such as CRISC (Certified in Risk and Information Systems Control), CGEIT, or equivalent technology risk management credentials are preferred

The budgeted amount range for this position in the State of Connecticut and New York City is $200,000 - $260,000.

Company Overview:

FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 200,000 individual users. Clients across the buy-side and sell-side, as well as wealth managers, private equity firms, and corporations, achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized among the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees' Choice Award winner. Learn more atwww.factset.comand follow us onXandLinkedIn.

At FactSet, we celebrate difference of thought, experience, and perspective. Qualified applicants will be considered for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, disability, protected veteran status or other characteristics protected by law. FactSet participates in E-Verify