Develops and mentors technology risk professionals while building organizational capabilities in quantitative risk analysis and risk-informed decision making. Risk Quantification Responsibilities:
Develops and mentors technology risk professionals while building organizational capabilities in quantitative risk analysis and risk-informed decision making. Risk Quantification Responsibilities:
Model Risk Analyst
Phoenix, AZ · On-site
Model Risk Analyst Location: CityScape What you'll do: Western Alliance Bank (WAL) is seeking a ... Masters degree or greater in a quantitative field such as Statistics, Economics, Math, Physics ...
Model Risk Analyst
Phoenix, AZ · On-site
Model Risk Analyst Location: CityScape What you'll do: Western Alliance Bank (WAL) is seeking a ... Masters degree or greater in a quantitative field such as Statistics, Economics, Math, Physics ...
Model Risk Analyst Location: CityScape What you'll do: Western Alliance Bank (WAL) is seeking a ... Masters degree or greater in a quantitative field such as Statistics, Economics, Math, Physics ...
Model Risk Analyst Location: CityScape What you'll do: Western Alliance Bank (WAL) is seeking a ... Masters degree or greater in a quantitative field such as Statistics, Economics, Math, Physics ...
Bancorp's Quantitative Fraud Strategy team. In this role, you will play a critical part in ... of fraud risk and intermediate to advanced analytical skills using tools such as SAS, SQL, or ...
Bancorp's Quantitative Fraud Strategy team. In this role, you will play a critical part in ... of fraud risk and intermediate to advanced analytical skills using tools such as SAS, SQL, or ...
Senior Associate, Data Analytics and Risk Reduction
Phoenix, AZ · On-site
$89K - $150K/yr
The Senior Associate, Data Analytics and Risk Reduction is responsible for leveraging data ... using quantitative and qualitative performance metrics. * Support special projects that evaluate ...
Senior Associate, Data Analytics and Risk Reduction
Phoenix, AZ · On-site
$89K - $150K/yr
The Senior Associate, Data Analytics and Risk Reduction is responsible for leveraging data ... using quantitative and qualitative performance metrics. * Support special projects that evaluate ...
Quantitative Risk Control: The use of any Models invariably presents Model Risk, which is the ... associates or relatives that is protected under applicable federal, state, or local law.
Quantitative Risk Control: The use of any Models invariably presents Model Risk, which is the ... associates or relatives that is protected under applicable federal, state, or local law.
The individual will partner closely with model owners, Model Risk Management, internal and external ... Experience working with quantitative models, analytics, or monitoring frameworks in a regulated ...
The individual will partner closely with model owners, Model Risk Management, internal and external ... Experience working with quantitative models, analytics, or monitoring frameworks in a regulated ...
Senior Cybersecurity Risk Analyst - USA Remote
Phoenix, AZ · Remote
$130K - $160K/yr
Our 60,000+ associates work across the globe at more than 15 unique businesses within life sciences ... The Senior Cybersecurity Risk Analyst is responsible for executing third-party and supplier risk ...
Senior Cybersecurity Risk Analyst - USA Remote
Phoenix, AZ · Remote
$130K - $160K/yr
Our 60,000+ associates work across the globe at more than 15 unique businesses within life sciences ... The Senior Cybersecurity Risk Analyst is responsible for executing third-party and supplier risk ...
Risk Reporting - Vice President
Tempe, AZ · On-site
As a Liquidity Risk Reporting Vice President in the Corporate Treasury Middle Office (CTMO), part ... People leadership of analysts and associates, including hiring, staffing, performance management ...
Risk Reporting - Vice President
Tempe, AZ · On-site
As a Liquidity Risk Reporting Vice President in the Corporate Treasury Middle Office (CTMO), part ... People leadership of analysts and associates, including hiring, staffing, performance management ...
The Senior Associate, Data Analytics and Risk Reduction is responsible for leveraging data ... using quantitative and qualitative performance metrics. * Support special projects that evaluate ...
The Senior Associate, Data Analytics and Risk Reduction is responsible for leveraging data ... using quantitative and qualitative performance metrics. * Support special projects that evaluate ...
Senior Risk Management Analyst
Tempe, AZ · On-site
Arctic Slope Regional Corporation has an immediate opening for a Senior Risk Management Analyst on ... Associates or Bachelor's Degree, or equivalent related industry experience (5-7 years) * Minimum ...
Senior Risk Management Analyst
Tempe, AZ · On-site
Arctic Slope Regional Corporation has an immediate opening for a Senior Risk Management Analyst on ... Associates or Bachelor's Degree, or equivalent related industry experience (5-7 years) * Minimum ...
Arctic Slope Regional Corporation has an immediate opening for a Senior Risk Management Analyst on ... Associates or Bachelor's Degree, or equivalent related industry experience (5-7 years) * Minimum ...
Arctic Slope Regional Corporation has an immediate opening for a Senior Risk Management Analyst on ... Associates or Bachelor's Degree, or equivalent related industry experience (5-7 years) * Minimum ...
This role leverages data, analytics, and quantitative techniques to manage risk across millions of transactions each month while balancing customer experience, fraud prevention, and business ...
This role leverages data, analytics, and quantitative techniques to manage risk across millions of transactions each month while balancing customer experience, fraud prevention, and business ...
Risk Analysis - Assists with identifying and managing existing and emerging risks identified ... associates. More information can be found at Qualifications: Bachelor's Degree and 2 years of ...
Risk Analysis - Assists with identifying and managing existing and emerging risks identified ... associates. More information can be found at Qualifications: Bachelor's Degree and 2 years of ...
Risk Analysis - Assists with identifying and managing existing and emerging risks identified ... associates. More information can be found at Qualifications: Bachelor's Degree and 2 years of ...
Risk Analysis - Assists with identifying and managing existing and emerging risks identified ... associates. More information can be found at Qualifications: Bachelor's Degree and 2 years of ...
Risk Analysis - Assists with identifying and managing existing and emerging risks identified ... associates. More information can be found at Qualifications: Bachelor's Degree and 2 years of ...
Risk Analysis - Assists with identifying and managing existing and emerging risks identified ... associates. More information can be found at Qualifications: Bachelor's Degree and 2 years of ...
Risk Analysis - Assists with identifying and managing existing and emerging risks identified ... associates. More information can be found at Qualifications: Bachelor's Degree and 2 years of ...
Risk Analysis - Assists with identifying and managing existing and emerging risks identified ... associates. More information can be found at Qualifications: Bachelor's Degree and 2 years of ...
Quantitative Operations Associate - Volume & Capacity Modeler-Global Operations
Chandler, AZ · On-site
Responsible for developing quantitative/analytic models and applications in support of the firm's risk management effort. This role focuses on the development of operations/data management policies ...
Quantitative Operations Associate - Volume & Capacity Modeler-Global Operations
Chandler, AZ · On-site
Responsible for developing quantitative/analytic models and applications in support of the firm's risk management effort. This role focuses on the development of operations/data management policies ...
Quantitative Operations Associate II- Lead Modeler
Chandler, AZ · On-site
$54 - $70/hr
... analyst onboarding and training, and 2) ensure model adherence to Model Risk Management (MRM ... ability to coach junior analysts Quantitative Operations Associate II - Lead Modeler ...
Quantitative Operations Associate II- Lead Modeler
Chandler, AZ · On-site
$54 - $70/hr
... analyst onboarding and training, and 2) ensure model adherence to Model Risk Management (MRM ... ability to coach junior analysts Quantitative Operations Associate II - Lead Modeler ...
Credit Risk, which independently oversees the management of credit risk exposures (including ... Ability to perform quantitative and qualitative analysis, and to document conclusions in an ...
Credit Risk, which independently oversees the management of credit risk exposures (including ... Ability to perform quantitative and qualitative analysis, and to document conclusions in an ...
Associate Quantitative Risk Analyst information
See Tempe, AZ salary details
$14.74 - $19.13
3% of jobs
$19.13 - $23.53
7% of jobs
$23.53 - $27.92
12% of jobs
$28.78 is the 25th percentile. Wages below this are outliers.
$27.92 - $32.32
15% of jobs
$32.32 - $36.71
13% of jobs
The median wage is $36.86 / hr.
$36.71 - $41.11
16% of jobs
$41.11 - $45.50
8% of jobs
$46.05 is the 75th percentile. Wages above this are outliers.
$45.50 - $49.90
11% of jobs
$49.90 - $54.29
6% of jobs
$54.29 - $58.69
6% of jobs
$58.69 - $63.08
3% of jobs
$14
$38
$63
How much do associate quantitative risk analyst jobs pay per hour?
What does a quantitative risk analyst do?
What are some common challenges faced by Associate Quantitative Risk Analysts in their first year, and how can they overcome them?
What is the difference between Associate Quantitative Risk Analyst vs Credit Risk Analyst?
| Aspect | Associate Quantitative Risk Analyst | Credit Risk Analyst |
|---|---|---|
| Required Credentials | Bachelor's in finance, economics, or related field; often some familiarity with quantitative methods | Bachelor's in finance, economics, or related field; certifications like CFA or FRM are common |
| Work Environment | Financial institutions, risk management teams, quantitative departments | Banking, lending institutions, credit departments |
| Employer & Industry Usage | Used in risk modeling, data analysis, and quantitative assessments | Focuses 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?
Is a quant analyst high paying?
What is the salary of a quant risk analyst?
What are Associate Quantitative Risk Analysts?
What are the key skills and qualifications needed to thrive as an Associate Quantitative Risk Analyst, and why are they important?
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 5 days ago
PNC Bank rating
7.7
Based on 343 frontline employees who took The Breakroom Quiz
91st of 170 rated banks
Job description
As a LOB Risk Lead - Technology Risk Quantification, you will serve as the senior risk leader responsible for establishing and overseeing quantitative technology risk management practices within the Line of Business. This role provides strategic leadership for the identification, measurement, monitoring, and reporting of technology risk exposures and supports executive decision-making through data-driven risk insights.
The position partners closely with Technology, Information Security, Operational Risk, Audit, Compliance, Finance, and Enterprise Risk Management teams to develop and mature technology risk quantification capabilities that align with PNC's Enterprise Risk Management Framework and regulatory expectations.
Primary Responsibilities:
Establishes and maintains a comprehensive Technology Risk Quantification program that enables business and technology leaders to understand cyber, operational, infrastructure, and emerging technology risks in financial terms.
Develops methodologies, models, and frameworks to quantify technology risk exposures, including:
Cybersecurity events
System failures and outages
Data loss and disclosure events
Privilege misuse
Fraud and technology-enabled scams
Third-party technology dependencies
AI and emerging technology risks
Oversees development of risk scenarios, loss-event libraries, threat intelligence inputs, and control effectiveness analyses to support risk measurement activities.
Partners with Technology and Information Security teams to identify key risk indicators, control performance metrics, risk concentration measures, and leading indicators that improve risk visibility and decision-making.
Provides credible challenge and independent assessment of technology risk exposures, risk acceptance decisions, and remediation priorities.
Ensures technology risk quantification practices align with:
Enterprise Risk Management Framework
Operational Risk Management Standards
OCC Heightened Standards
Regulatory expectations for model governance and risk measurement
Industry frameworks (NIST, FAIR, CIS, COBIT)
Supports executive management, risk committees, and Board reporting through development of meaningful quantitative risk insights and scenario-based analyses.
Leads cross-functional teams in the execution of technology risk assessments, stress testing, operational resilience analyses, and emerging risk evaluations.
Monitors internal and external risk trends, threat landscape developments, technology modernization initiatives, and regulatory changes to identify emerging risks.
Oversees the development of risk dashboards and risk appetite metrics that enable leaders to monitor technology risk exposure against established thresholds.
Develops and mentors technology risk professionals while building organizational capabilities in quantitative risk analysis and risk-informed decision making.
Risk Quantification Responsibilities:
Technology Loss Modeling:
Develops and enhances technology loss estimation methodologies.
Evaluates loss frequency and severity drivers.
Performs Monte Carlo, scenario-based, and probabilistic analyses where applicable.
Supports capital planning and enterprise risk aggregation activities.
Risk Scenario Development
Leads development of enterprise technology risk scenarios across:
Cybersecurity
Infrastructure availability
Cloud services
Identity and Access Management
Data protection
Artificial Intelligence
Third-Party Technology Risk
Executive Risk Reporting
Produces executive-level insights that translate technical risk into business impacts.
Communicates risk exposure using financial, operational, customer, regulatory, and reputational impact perspectives.
Presents findings to senior leadership and governance forums.PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.Job Description
- Establishes Line of Business risk management strategy and oversees the execution of the risk management programs. Serves as an advocate for the risk management program.
- Ensures the risk management strategies and programs are established, maintained and enhanced to support the businesses in managing their risks while meeting business and regulatory expectations.
- Oversees the timely and proper execution of the risk management program within and/or across the lines of business. Includes consultation to execute the program components.
- Provides risk expertise while working with the businesses and other risk partners (e.g., Compliance, Credit, Legal, Audit). Monitors changes in internal and external factors and identifies emerging risks.
- Leads and engages cross functional teams and develops internal capabilities.
PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:
- Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
- Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
Preferred SkillsChange Management, Conflict Management, Control Assessment, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Risk Quantification, Strategic Planning, Technology GovernanceCompetenciesCollaborating, Data Gathering and Reporting, Decision Making and Critical Thinking, Effective Communications, Industry Knowledge, Internal Controls, Operational Risk, Organizational Governance, Process Management, Regulatory Environment - Financial Services, Standard Operating ProceduresWork ExperienceRoles at this level typically require a university / college degree, with 5+ years of industry-relevant experience. Specific certifications are often required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.EducationBachelorsCertificationsNo Required Certification(s)LicensesNo Required License(s)Pay TransparencyBase Salary: $91,000.00 - $202,800.00Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.Application WindowGenerally, this opening is expected to be posted for two business days from 07/21/2026, although it may be longer with business discretion.BenefitsPNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.To learn more about these and other programs, including benefits for full time and part-time employees, visitpncthrive.com.
Disability Accommodations StatementIf an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.
PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.
California ResidentsRefer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.
About PNC Bank
Sourced by ZipRecruiter
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Pittsburgh, PA, US
Year founded
1852