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Associate Quantitative Risk Analyst Jobs in Norfolk, VA

Excellent organization and analytical skills. * Able to work in a time-sensitive environment and handle a variety of simultaneous tasks. Desired Skills & Competencies: * 1 year of risk management ...

Identify and document failure modes, failure causes, failure effects, and associated risk levels using quantitative and qualitative analysis techniques. * Collaborate with Original Equipment ...

Decision Science Analyst Senior

Chesapeake, VA · On-site +1

$85K - $113K/yr

... with risk and compliance policies and procedures. What you have: * Bachelor's degree in quantitative analytics field such as Economics, Finance, Statistics, Mathematics, Actuarial Sciences ...

Senior Logistics Analyst

Portsmouth, VA · On-site

$80K - $120K/yr

Identify and document failure modes, failure causes, failure effects, and associated risk levels using quantitative and qualitative analysis techniques. * Collaborate with Original Equipment ...

Decision Science Analyst Senior

Chesapeake, VA · On-site +1

$85K - $113K/yr

... with risk and compliance policies and procedures. ​ What you have: * Bachelor's degree in quantitative analytics field such as Economics, Finance, Statistics, Mathematics, Actuarial Sciences ...

ISC2 Certified in Governance, Risk and Compliance (CGRC), ISACA Certified Information Security ... Associate). Clearance Requirements: * U.S. Citizenship required and an active or current Secret ...

Senior Operations Research Analyst (N)

Norfolk, VA · On-site

$112K - $112K/yr

Conduct research to study and establish qualitative and quantitative assessments of operational effectiveness, undertake cost-effectiveness and risk-benefit studies and analyses. * Attend engagements ...

Senior Operations Research Analyst (N)

Norfolk, VA · On-site

$112K - $112K/yr

Conduct research to study and establish qualitative and quantitative assessments of operational effectiveness, undertake cost-effectiveness and risk-benefit studies and analyses. * Attend engagements ...

Minimum 9 semester hours (or academic equivalent) of undergraduate or graduate coursework in statistics, program evaluation, and/or quantitative analysis.Experience:Former or retired Field Grade ...

Minimum 9 semester hours (or academic equivalent) of undergraduate or graduate coursework in statistics, program evaluation, and/or quantitative analysis.Experience:Former or retired Field Grade ...

ISC2 Certified in Governance, Risk and Compliance (CGRC), ISACA Certified Information Security ... Associate). Clearance Requirements: * U.S. Citizenship required and an active or current Secret ...

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Associate Quantitative Risk Analyst information

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

As of Aug 11, 2026, the average hourly pay for associate quantitative risk analyst in Norfolk, VA is $39.17, according to ZipRecruiter salary data. Most workers in this role earn between $28.85 and $47.69 per hour, depending on experience, location, and employer.

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.

What is an associate quantitative risk analyst?

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?

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 popular job titles related to Associate Quantitative Risk Analyst jobs in Norfolk, VA? For Associate Quantitative Risk Analyst jobs in Norfolk, VA, the most frequently searched job titles are:
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What cities near Norfolk, VA are hiring for Associate Quantitative Risk Analyst jobs? Cities near Norfolk, VA with the most Associate Quantitative Risk Analyst job openings:

Associate Risk Integration Analyst

Towne Bank

Suffolk, VA • On-site

$55K - $65K/yr

Full-time

Posted 4 days ago


TowneBank rating

8.7

Company rating: 8.7 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

23rd of 171 rated banks


Job description

The good-faith compensation range for this role is expected to be $55k-$65k, based on the role, market, internal equity, and candidate qualifications.

Essential Responsibilities:

  • Assisting in the implementation of risk programs and testing system modifications in the GRC to strengthen risk programs.
  • Documenting user enhancement requirements and assisting with the prioritization of system changes.
  • Setting up user credentials and system privileges to limit access to certain types of data and activities, and performing periodic reviews of user privileges.
  • Assisting the development and roll-out of end-user system training to ensure system and process adherence.
  • Assisting the development of dashboards, reporting, workflow, and system templates that allow efficient governance of risk programs.
  • Performing data reviews to ensure the Data Owners can maintain accurate, consistent, and complete data throughout the GRC.
  • Supporting ongoing enterprise-wide risk programs, which may include policy management and issues management.
  • Adheres to applicable federal laws, rules, and regulations, including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
  • Performs other duties as required or assigned, which are reasonably within the scope of the duties in this job classification.

Minimum Required Skills & Competencies:

  • Bachelor’s degree in business administration, information technology, or related discipline.
  • Highly collaborative; able to build strong working relationships with business partners.
  • Strong oral and written communication skills.
  • Intellectually curious; Able to work independently and in a team-oriented, collaborative environment.
  • Excellent organization and analytical skills.
  • Able to work in a time-sensitive environment and handle a variety of simultaneous tasks.

Desired Skills & Competencies:

  • 1 year of risk management, audit, information technology/security, compliance, financial services, or banking experience.
  • Microsoft Power BI report building
  • 1 year of project management experience.
  • Basic understanding of risk management principles, banking operations, products/services, systems, and associated risks/controls.
  • Previous experience as a GRC user

Physical Requirements:

  • Express or exchange ideas by means of the spoken word via email and verbally.
  • Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
  • Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
  • Not substantially exposed to adverse environmental conditions.

The physical demands described here are representative of those required of an employee to successfully perform the essential responsibilities of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities.


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