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Associate Quantitative Risk Analyst Jobs in Lexington, NC

... Risk Management Technical Review Team. This will include reviewing full or targeted scope validation assessments the TAS quantitative analytics team to ensure conclusions are consistent with the ...

Sr Credit Analyst

Winston Salem, NC · On-site

$30 - $40/hr

Monitor existing accounts and recommend adjustments to credit lines based on risk analysis ... Samantha Garman Benefit offerings available for our associates include medical, dental, vision ...

Sr Credit Analyst

Winston Salem, NC · On-site

$30 - $40/hr

Monitor existing accounts and recommend adjustments to credit lines based on risk analysis ... Samantha Garman Benefit offerings available for our associates include medical, dental, vision ...

... leveraging quantitative modeling and machine learning techniques to optimize operations ... Design and execute scenario analysis to evaluate trade-offs related to demand variability, labor ...

Actuarial Analyst III

Winston Salem, NC · On-site

$89K - $170K/yr

This role requires associates to be in-office 1-2 days per week, fostering collaboration and ... Analyzes and implements risk contracts including conducting experience analyses, pricing, filing ...

... low-risk changes. - Perform break/fix activities, including server reboots, switch resets, and ... Citizen without dual citizenship. - Associate's or Bachelor's degree in Information Technology ...

This role requires associates to be in-office 1-2 days per week, fostering collaboration and ... Analyzes and implements risk contracts including conducting experience analyses, pricing, filing ...

... quantitative analysis techniques, including machine learning, in pursuit of business optimization ... risk management, and foster a client centric culture throughout design, development, and deployment ...

Researches and analyzes account activity to assess the level of risk and make decision in ... Associates Degree or equivalent education and related training 2. Three - Five years of banking ...

Sr. Q&FS Area Specialist

High Point, NC

$73K - $101K/yr

... risk analysis as well as provides recommendations for appropriate resolution * Lead the ... Coach and develop associates in Q&FS team within the site or across the network. How you'll do ...

Sr. Q&FS Area Specialist

High Point, NC · On-site

$73K - $101K/yr

... risk analysis as well as provides recommendations for appropriate resolution * Lead the ... Coach and develop associates in Q&FS team within the site or across the network. How you'll do ...

Sr. Q&FS Area Specialist

High Point, NC · On-site

$75K - $104K/yr

... risk analysis as well as provides recommendations for appropriate resolution * Lead the ... Coach and develop associates in Q&FS team within the site or across the network. How you'll do ...

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Associate Quantitative Risk Analyst information

See Lexington, NC salary details

$13

$36

$59

How much do associate quantitative risk analyst jobs pay per hour?

As of Jul 14, 2026, the average hourly pay for associate quantitative risk analyst in Lexington, NC is $36.41, according to ZipRecruiter salary data. Most workers in this role earn between $26.83 and $44.33 per hour, depending on experience, location, and employer.

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 cities near Lexington, NC are hiring for Associate Quantitative Risk Analyst jobs? Cities near Lexington, NC with the most Associate Quantitative Risk Analyst job openings:
Senior Controls Monitoring Analyst

Senior Controls Monitoring Analyst

Truist

Winston Salem, NC • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.


Truist rating

8.0

Company rating: 8.0 out of 10

Based on 116 frontline employees who took The Breakroom Quiz

58th of 149 rated banks


Job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)Please review the following job description:Perform risk management and compliance monitoring and testing for assigned business unit/corporate function. Monitoring programs will include, but are not limited to, monitoring or testing of key controls, monitoring of key indicators relative to other risk management tools and regulatory compliance monitoring. Prepare detailed reporting on monitoring and testing results with attention to accuracy, timeliness and issues escalation. Assist in remediation of identified issues. Assist in the detection of emerging and/or under recognized risks.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Performs comprehensive and risk-based monitoring for assigned business unit(s) as delegated including all tasks involved in the execution of the monitoring (e.g. scoping, report writing, vetting findings and work paper documentation) to ensure Truist's processes are within the risk limits set by the Bank.
2. Provide support to business units for compliance monitoring processes Provide support for compliance and control specific projects, regulatory exams, internal audits/reviews, training, policies, and procedures as directed by management
3. Prepare and evaluate monitoring results and trends for escalation, determining and documenting root causes, collaborating with 2nd line of defense and/or 1st line of defense business unit representatives to determine appropriate corrective action plan.
4. Identify control weakness or key indicators exceeding risk limits. Coordinating mitigation or remediation activities where appropriate.
5. Develop a deep and strong working knowledge of assigned business unit systems, processes and applicable federal regulations and state laws; staying abreast of procedures and regulatory changes applicable to assigned business unit(s).
6. Recommend process improvements based on compliance monitoring and/or testing results.
7. Maintain good working relationships with BUs to execute and refine monitoring practices.

Qualifications
Required Qualifications
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree, or equivalent education and related training.
2. Five years of experience in a financial institution with emphasis on risk management, audit, operations, process engineering or line of business specialty and/or equivalent education, training and experience.
3. Excellent organizational skills and ability to lead and manage projects independently as well as in a team setting.
4. Strong interpersonal skills which allow effective working relationships with various levels within the organization.
5. Conceptual ability to analyze problems and devise solutions, including quantitative analysis and research skills.
6. Excellent verbal and written communication skills.
7. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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About Truist

Sourced by ZipRecruiter

Truist is combining distinctive personal service with investments in innovation to create transformational client experiences. We believe the unique blend of human touch and innovative technology will set us apart, instill confidence, and build deeper levels of trust with our clients

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

2019