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Associate Quantitative Risk Analyst Jobs in Raleigh, 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 ...

Our Value and Risk Advisory platform is part of a global network comprised of experienced, licensed ... Partner with (coach) analyst i's, senior analysts and/or associates to complete assignments Our ...

Quant Audit Manager

Raleigh, NC

$101.10K - $132.70K/yr

... risk associated with both financial and non-financial models and other quantitative tools ... Strong analytical, facilitation, interpersonal and decision-making skills. * Strong written, oral ...

Implements systems, policies, and procedures for the identification, collection, and analysis of risk-related information * Educates leadership, staff and business associates, and helps to define ...

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

As of Jun 1, 2026, the average hourly pay for associate quantitative risk analyst in Raleigh, NC is $39.36, according to ZipRecruiter salary data. Most workers in this role earn between $28.99 and $47.88 per hour, depending on experience, location, and employer.

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 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 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 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 are the most commonly searched types of Quantitative Risk Analyst jobs in Raleigh, NC? The most popular types of Quantitative Risk Analyst jobs in Raleigh, NC are:
What are popular job titles related to Associate Quantitative Risk Analyst jobs in Raleigh, NC? For Associate Quantitative Risk Analyst jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Associate Quantitative Risk Analyst jobs in Raleigh, NC look for? The top searched job categories for Associate Quantitative Risk Analyst jobs in Raleigh, NC are:
What cities near Raleigh, NC are hiring for Associate Quantitative Risk Analyst jobs? Cities near Raleigh, NC with the most Associate Quantitative Risk Analyst job openings:
Program Analyst (Risk and Audit Analyst)

Program Analyst (Risk and Audit Analyst)

US General Services Administration

Raleigh, NC • On-site

$75.90K/yr

Other

Posted 14 days ago


Job description

As a Program Analyst you will be responsible for providing in-depth analysis on a variety of subjects involving the evaluation of various administrative programs.
Location of position: Office of the Chief Financial Officer (OCFO), Office of Performance & Accountability (BP), who are responsible for audit management and coordination, internal controls, and performance management.

We are currently filling four vacancies, but additional vacancies may be filled as needed.

Qualifications:

For each job on your resume, provide:

  • the exact dates you held  each job (from month/year to month/year)
  • number of hours per week you worked (if part time).    

If you have volunteered your service through a National Service program (e.g., Peace Corps, Americorps), we encourage you to apply and include this experience on your resume.

For a brief video on creating a Federal resume, click here.
The GS-11 salary range starts at  $75,897 per year.

The GS-12 salary range starts at $90,968 per year.

  If you are a new federal employee, your starting salary will likely be set at the Step 1 of the grade for which you are selected.  

To qualify at the GS-11 grade level, you must have at least one year of specialized experience equivalent to the GS-09 or higher in the Federal Service. 

Specialized experience is defined as experience using analytical and evaluative techniques; utilizing qualitative and quantitative analysis; conducting research and gathering statistical data; and making recommendations for improvement based on findings from analysis.

OR

Education: Have 3 years of progressively higher-level graduate education leading to a Ph.D. or equivalent doctoral degree. This education provided you the knowledge, skills, and abilities necessary to do the work of the position. 

OR

Combination of Education & Specialized Experience: Applicants must have a combination of graduate level education (beyond the Bachelor's Degree) and specialized experience (as described above) that together meet the qualification requirements of this position.

To qualify at the GS-12 grade level, you must have at least one year of specialized experience equivalent to the GS-11 level or higher in the Federal service.

Specialized experience is experience performing work which requires analyzing and evaluating the effectiveness and efficiency of program operations aimed at improving business processes. Such experience must include: 

●        Planning, analyzing and evaluating the effectiveness of operating programs;

●        Developing or modifying program guidelines, policies or long range goals;

●        Providing input and recommendations regarding project operations and reoccurring problems or concerns;

●        Preparing and/or conducting briefings for higher level management to explain analysis, and

●        Providing recommendations or action plans based on extensive analysis.

A panel of Subject Matter Experts (SMEs) will review the resumes of qualified candidates and assign a score for each of these five required Knowledge, Skills, and Abilities (KSAs), for each grade, based on the experience documented in the resume and narrative responses below. 

GS-11 

  • Knowledge of agency programs and activities; agency mission, policies, and objectives to apply analytical and evaluative methods and techniques to a wide variety of issues or studies concerning agency and organizational program operations efficiency and effectiveness or their substantive administrative support functions.
  • Knowledge and skill required to utilize qualitative and quantitative techniques to analyze and measure a wide variety of work measurements, processes and other administrative support activities.
  • Skill in planning, scheduling and conducting detailed projects/studies to evaluate complex functions and work processes, analyze findings and make recommendations on ways to improve the effectiveness and efficiency of work operations in a program or support setting.
  • Knowledge required to develop new or modified work methods, techniques, and procedures for administering program services, guidelines and procedures, and automated work processes.
  • Skill in preparing a variety of project and study papers and/or reports to organize and deliver briefings, and to encourage understanding and acceptance of findings and recommendations.

GS-12

  • Skill in interpersonal relations and written and oral communications required to explain and negotiate the requirements and implementation of regional program initiatives, and to present findings and conduct formal meetings in a concise and professional manner.
  • Knowledge of the mission, functions and program goals and the specific service/organization for assigned areas of responsibility, including a specific knowledge of management principles, methods and techniques required to implement and monitor regional programs and activities.
  • Knowledge of qualitative and quantitative techniques required to analyze the effectiveness and efficiency of assigned programs; ability to identify problem areas, conduct research, select and evaluate technical data and to make decisions or recommendations for action based on consideration of all aspects of a problem.
  • Knowledge of laws, regulations, directives and guidelines pertaining to designated program requirements and compliance provisions, including the ability to assess any potential programs and to formulate recommendations regarding additional studies and alternative actions.
  • Skill in oral communications to present recommendations to higher authorities and to articulate analysis of technical complexity.
Education:

Note: If you are using foreign education to meet qualification requirements, you must send a Certificate of Foreign Equivalency with your transcript in order to receive credit for that education. For further information, visit:   https://sites.ed.gov/international/recognition-of-foreign-qualifications/ 

Employment Type: OTHER