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Associate Quantitative Risk Analyst Jobs in Texas

The Risk Analyst administers critical elements of insurance programs including day-to-day ... Prior Financial Risk Manager (FRM), Associate in Risk Management (ARM) and/or Chartered Property ...

The Risk Analyst administers critical elements of insurance programs including day-to-day ... Prior Financial Risk Manager (FRM), Associate in Risk Management (ARM) and/or Chartered Property ...

Associate in Risk Management (ARM) preferred Knowledge, Skills, Abilities and Behaviors ... Strong analytical skills, adept at queries, report writing and presenting findings * Communication ...

Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation based methods to evaluate forecast uncertainty and outcome distributions. * Analyze economic ...

Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation based methods to evaluate forecast uncertainty and outcome distributions. * Analyze economic ...

This position works to minimize risk by monitoring daily transaction exceptions to approved account ... Associates and 0 years * Card issuer or merchant acquirer experience is preferred * Ensures that ...

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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.
What are the most commonly searched types of Quantitative Risk Analyst jobs in Texas? The most popular types of Quantitative Risk Analyst jobs in Texas are:
What cities in Texas are hiring for Associate Quantitative Risk Analyst jobs? Cities in Texas with the most Associate Quantitative Risk Analyst job openings:
Risk Analyst

Risk Analyst

Weitzman

Dallas, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago


Job description

Weitzman is the most respected provider of retail real estate services in Texas. Our team provides a full range of services, including general brokerage, property management, asset management, and development services. We operate exclusively in Texas’ major markets: Dallas-Fort Worth, Austin, Houston, and San Antonio.

Weitzman is seeking a Risk Analyst to join its corporate office in the Uptown area of Dallas. The Risk Analyst administers critical elements of insurance programs including day-to-day operational elements of insurance programs, contract review, coverage analysis, and renewal application submission.

Responsibilities

  • Support and coordinate with Legal by analyzing and negotiating contractual insurance and indemnity provisions
  • Management of day-to-day insurance issues including insurance support, coverage issues, and contract negotiation
  • Monitor and update insurance schedules and ensure timely and proper issuance of insurance binders, invoicing, and policies
  • Work with brokers, 3rd party vendors, and lenders to issue certificates of insurance, coverage summaries, or similar documents
  • Review and reconcile invoicing and allocation with accounting
  • Assists the insurance team with the collection and reconciliation of renewal exposure information for company’s insurance programs and throughout the year
  • Manage and organize insurance database as well as department database housing all detailed information for each insurance program
  • Assist in interpreting insurance clauses in contracts such as leases and property management agreements
  • Ability to explain basic insurance coverages and contractual provisions to employees
  • Oversee 3rd Party monitoring of the insurance provided by vendors and tenants to ensure contractual compliance. Notify appropriate parties of deficiencies as appropriate
  • Manage and maintain vendor and tenant certificates of insurance.
  • Obtain, analyze, and assimilate renewal data
  • Special Projects as needed

Qualifications

  • Bachelor’s degree in business, finance, risk management, or a related field, preferred
  • At least 2 to 5 years of relevant corporate data analysis, insurance brokerage, reporting and/or risk identification/management experience (Lesser experience levels may also be considered.)
  • Strong database management skills
  • Excellent written and verbal communication and organizational skills
  • Demonstrated proficiency of Microsoft Office 365 including Excel, MS Word, Outlook, Access, and PowerPoint
  • Ability to work independently and manage multiple projects simultaneously in an organized fashion to complete projects on time
  • Prior Financial Risk Manager (FRM), Associate in Risk Management (ARM) and/or Chartered Property Casualty Underwriter (CPCU) coursework encouraged

Benefits

  • Competitive compensation
  • Company holidays and generous PTO
  • Employer paid life insurance and long-term disability coverage
  • Medical, vision, and dental insurance
  • Health Savings (HSA) and Flexible Spending Accounts (FSA)
  • Employee Assistance Program (EAP)
  • 401k match
  • Tuition reimbursement
  • Referral bonus program
  • Learning and development classes
  • Monthly social events
  • Free on-site secured parking
  • Free on-site gym

Visit our website at www.weitzmangroup.com or follow us on X @WeitzmanTexas, Facebook, and LinkedIn for other employment opportunities.

WE ARE AN EQUAL-OPPORTUNITY EMPLOYER.

#WZT123