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Associate Quantitative Risk Analyst Jobs in Utah

Proficient in performing cost estimating activities such as cost/price analysis, WBS development, and risk analysis. * Excellent verbal communication, written, and quantitative analytical skills are ...

Senior Cost Analyst

UT · On-site

$76K - $97K/yr

... risk analysis, performance measurement (earned value), project forecasting and risk assessment ... We are seeking individuals with excellent quantitative and analytical skills for senior level cost ...

... fraud, risk analytics, model governance, or related roles * Bachelor's degree in a quantitative ... field (e.g., Statistics, Mathematics, Economics, Engineering, Computer Science) or equivalent ...

... fraud, risk analytics, model governance, or related roles * Bachelor's degree in a quantitative ... field (e.g., Statistics, Mathematics, Economics, Engineering, Computer Science) or equivalent ...

Senior Cost Engineer Analyst

UT · On-site

$76K - $97K/yr

Demonstrated experience reviewing project parameters (scope, cost, schedule, risk, etc.) to ... Excellent verbal communication, written, and quantitative analytical skills are required.

Contribute to the enhancement of data quality procedures and risk controls. * Cross-Functional ... Strong analytical and quantitative skills. * Previous experience with vended software, like Moody ...

Contribute to the enhancement of data quality procedures and risk controls. * Cross-Functional ... Strong analytical and quantitative skills. * Previous experience with vended software, like Moody ...

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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 software like Excel, R, or Python to support risk management strategies. 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.

Is a quant analyst a high paying job?

A quantitative risk analyst typically earns a competitive salary, especially in finance and investment firms, with compensation often increasing with experience, advanced degrees, and specialized skills in programming and statistical analysis. While salaries vary by location and employer, the role is generally considered well-paying within the finance industry.

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 at Morgan Stanley is typically between $80,000 and $150,000 annually, depending on experience, location, and level of seniority. 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 is the salary of a quant risk analyst?

The salary of a quantitative risk analyst typically ranges from $70,000 to $150,000 annually, depending on experience, location, and the complexity of the role. 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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What job categories do people searching Associate Quantitative Risk Analyst jobs in Utah look for? The top searched job categories for Associate Quantitative Risk Analyst jobs in Utah are:
What cities in Utah are hiring for Associate Quantitative Risk Analyst jobs? Cities in Utah with the most Associate Quantitative Risk Analyst job openings:
Risk Division - Salt Lake City - Associate, Credit Risk - 9308635

Risk Division - Salt Lake City - Associate, Credit Risk - 9308635

Goldman Sachs, Inc.

Salt Lake City, UT

Other

Posted 23 days ago


Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

29th of 141 rated banks


Job description

Job Duties: Associate, Credit Risk with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Complete counterparty research reviews and internal credit ratings analyses, including assessment of industry fundamentals, building financial projection models, and evaluation of various quantitative metrics and qualitative factors supporting creditworthiness. Recommend and defend internal and regulatory risk ratings for counterparts/transactions as required. Conduct ongoing surveillance and monitoring for assigned portfolio of counterparties, including identifying potential risks and escalating as appropriate. Present findings and recommendations to senior management and answer questions relating to analysis performed. Provide industry-specific training and review process / conceptual training to new hires and junior analysts. Assist in validating and updating internal risk management methodologies. Assist junior team members in executing deliverables across various projects to improve team processes and drive efficiencies.

Job Requirements: Master's degree (U.S. or foreign equivalent) in Finance, Accounting, Economics, or a related field and one (1) year of experience in the job offered or a related role; OR Bachelor's degree (U.S. or foreign equivalent) in Finance, Accounting, Economics, or a related field and three (3) years of experience in the job offered or a related role. Prior experience must include one (1) year of experience with master's degree or three (3) years of experience with bachelor's degree with the following: applying accounting methods (both Generally Accepted Accounting Principle and International Financial Reporting Standards) to analyze financial reports and explain performance variances; working with regulatory processes such as the Shared National Credit (SNC) or Allowance for Loan and Lease Losses (ALLL); building financial models in Excel using advanced functionality, including macros, pivot tables, v-lookup, slicers, and h-lookup and Microsoft PowerPoint, to produce and present analytical insights and highlight data trends; utilizing Business Intelligence Software solution including Tableau; and working with derivatives, loans and other products that give rise to credit risk to institutional counterparties.

The Goldman Sachs Group, Inc., 2026. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.


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About Goldman Sachs

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At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869