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Associate Quantitative Risk Analyst Jobs in Texas

Aramco

Market Risk Analyst

Houston, TX · On-site

Collaborate with quantitative analysts to refine model assumptions, validate model outputs, and ensure accuracy in risk measurement. * Apply advanced statistical techniques and machine learning ...

Expand Energy

Market Risk Manager

Spring, TX · On-site

Job Duties & Responsibilities 1) Quantitative Modeling, Valuation, and Analytics * Develop and maintain quantitative models for valuation, exposure measurement, and risk assessment across physical ...

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All JobsAssociate Quantitative Risk Analyst JobsAssociate Quantitative Risk Analyst Jobs in Texas

Associate Quantitative Risk Analyst information

What does a quantitative risk analyst do?

A quantitative risk analyst evaluates financial risks using mathematical models and statistical techniques to identify potential losses and inform decision-making. They analyze data, develop risk assessment tools, and often use programming languages like Python or R, as well as risk management software, to monitor and mitigate risks within organizations. Strong analytical skills and knowledge of finance and statistics are essential for this role.

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 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.

How much does a quant risk analyst make?

The average salary for a quantitative risk analyst is typically between $80,000 and $150,000 annually, depending on experience, location, and the firm. At firms like Morgan Stanley, salaries can vary based on seniority, with entry-level roles starting around $80,000 and more experienced analysts earning over $130,000, often supplemented by bonuses and benefits.

Is a quant analyst high paying?

A quantitative risk analyst typically earns a high salary compared to many other finance roles, especially with advanced skills in mathematics, programming, and data analysis. Compensation varies by industry, experience, and location but often includes bonuses and incentives due to the specialized nature of the work.

What is the salary of a quant risk analyst?

The average salary of a quantitative risk analyst typically ranges from $70,000 to $150,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with advanced skills in programming and risk modeling can earn higher compensation, often supplemented with bonuses and benefits.

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 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.
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Associate Quantitative Risk Analyst jobs near you
Enterprise Risk Management Analyst

Enterprise Risk Management Analyst

United Global Technologies

Taylor, TX

Full-time

Posted 26 days ago

Job description

Job Profile: Enterprise Risk Management Analyst
JOB SUMMARY

The Enterprise Risk Management (ERM) Analyst supports the organization's risk management program by identifying, analyzing, and quantifying risks that could impact strategic objectives. Working closely with risk owners and business units across the enterprise, the ERM Analyst provides data-driven insights and recommendations that enable informed, risk-aware decision-making at all levels of the organization.

JOB DUTIES

Level 1

  • Assist in risk identification sessions by gathering information from business unit stakeholders and documenting findings.
  • Populate and maintain the enterprise risk register, ensuring accuracy and completeness of risk entries.
  • Conduct preliminary qualitative risk assessments using established frameworks and templates.
  • Collect and organize quantitative and qualitative data to support risk scoring and heat map development.
  • Perform basic data validation to ensure integrity of risk data used in analyses.
  • Prepare draft sections of routine risk reports and compile data for management dashboards.
  • Format and proof presentations and documents prior to distribution to stakeholders.
  • Participate in risk assessment workshops and document discussion outcomes and action items.
  • Track status of risk mitigation action items and follow up with risk owners on outstanding deliverables.
  • Maintain monitoring schedules and communicate upcoming review deadlines to relevant stakeholders.
  • Support ERM team projects by completing clearly defined tasks within established timelines.
  • Research industry trends and regulatory changes to provide background for risk reviews.

Level 2

  • Independently facilitate risk identification sessions and workshops with business unit personnel.
  • Conduct comprehensive qualitative and quantitative risk assessments for assigned business areas.
  • Develop and execute quantitative models to estimate risk exposure, probability distributions, and potential financial impact.
  • Design and maintain KRI frameworks and thresholds in collaboration with risk owners.
  • Perform scenario analysis and stress testing to evaluate organizational resilience under various risk conditions.
  • Prepare high-quality risk reports and executive presentations translating complex risk data into clear management insights.
  • Serve as the day-to-day ERM point of contact for assigned business units, building trusted relationships with risk owners.
  • Coordinate timing and logistics for risk assessment activities across multiple business units simultaneously.
  • Collaborate with internal audit, compliance, legal, and finance teams to share risk intelligence.
  • Partner with risk owners to develop practical mitigation plans aligned with organizational risk tolerance.
  • Monitor mitigation action effectiveness and escalate unresolved or emerging risks to ERM leadership.
  • Manage small-to-medium ERM projects from initiation through completion, including planning, stakeholder coordination, and status reporting.

EXPERIENCE

  • Level 1: Requires no minimum job related work experience in excess of degree requirements
  • Level 2: Requires minimum 2 years job related work experience in excess of degree requirements

EDUCATION

  • Bachelor's Degree : Finance, Engineering, Economics or related field (Required)
  • or a combination of education and experience that provides equivalent knowledge to a major in such fields is required

CERTIFICATION

  • PMP Project Management Professional (Preferred)
  • CQRM Certified Quantitative Risk Management (Preferred)