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Full Time Risk Quant Jobs in Chicago, IL (NOW HIRING)

IMC

Experienced Risk Manager

Chicago, IL · On-site

$150K - $210K/yr

You'll collaborate daily with traders, quantitative researchers, and software engineers while ... Base salary is only one component of total compensation; all full-time, permanent positions are ...

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL

$72K - $90K/yr

Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience ... Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty ...

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL

$72K - $90K/yr

Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience ... Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty ...

Alliant

Senior Credit Risk Analyst

Chicago, IL · On-site

$84K - $131K/yr

Review relevant data to identify the quantitative and qualitative factors driving the credit risk ... full-time, regular part-time, or temporary employment. Adhere to and ensure compliance of all ...

IMC

Quantitative Developer - Derivatives

Chicago, IL · On-site

$175K - $250K/yr

At IMC, the Pricing and Risk (PAR) team owns the firm's core quantitative library for live ... Base salary is only one component of total compensation; all full-time, permanent positions are ...

Alliant

Principal Credit Risk Analyst

Chicago, IL · On-site

$119K - $204K/yr

Analyze data to identify the quantitative and qualitative factors driving the credit risk for ... full-time, regular part-time, or temporary employment. Adhere to and ensure compliance of all ...

IMC

Software Engineer - Risk Technology

Chicago, IL · On-site

$175K - $225K/yr

Collaborate with engineering, trading, quantitative research, operations, and data teams across the ... Base salary is only one component of total compensation; all full-time, permanent positions are ...

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All JobsRisk Quant JobsFull Time Risk Quant JobsFull Time Risk Quant Jobs in Chicago, IL

Full Time Risk Quant information

See Chicago, IL salary details

$101K

$174.8K

$267.3K

How much do full time risk quant jobs pay per year?

As of Aug 25, 2026, the average yearly pay for full time risk quant in Chicago, IL is $174,845.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,600.00 and $205,000.00 per year, depending on experience, location, and employer.

What is the difference between Full Time Risk Quant vs Quantitative Analyst?

AspectFull Time Risk QuantQuantitative Analyst
Required CredentialsAdvanced degrees in finance, mathematics, or related fields; certifications like CFA or FRMSimilar educational background; often CFA or FRM beneficial
Work EnvironmentFinancial institutions, risk management teams, trading floorsInvestment banks, asset management firms, hedge funds
Employer & Industry UsagePrimarily in risk management departments within financeAcross various finance sectors including trading, investment analysis
Comparison Search IntentUnderstanding risk-focused roles in financeAnalyzing financial data and models for investment decisions

Full Time Risk Quants focus on assessing and managing financial risks using quantitative models within risk management teams. Quantitative Analysts, while similar, often have a broader role in developing models for trading, investment strategies, or financial analysis. Both roles require strong quantitative skills and relevant certifications, but their primary focus and work environments differ slightly.

What are the most commonly searched types of Risk Quant jobs in Chicago, IL?

The most popular types of Risk Quant jobs in Chicago, IL are:

What are popular job titles related to Full Time Risk Quant jobs in Chicago, IL?

For Full Time Risk Quant jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Full Time Risk Quant jobs in Chicago, IL look for?

The top searched job categories for Full Time Risk Quant jobs in Chicago, IL are:

Full Time Risk Quant jobs near you
Infographic showing various Full Time Risk Quant job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, 2% Contract, and 1% Nights. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $174,845 per year, or $84.1 per hour.

Senior Analyst, Quantitative Risk

Itasca, IL • On-site

Mitsubishi HC Capital America Inc
Finance and Insurance • 51 - 200 employees
Learn more about Mitsubishi HC Capital America Incexternal

$110K - $135K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago

Job description

Position Overview:

The position supports the measurement and forecasting of risk for equipment finance portfolios, both retail and wholesale. Independently performs advanced quantitative analyses. Leads projects to develop models, analyses, and reports that measure credit, residual value, and portfolio risk. Provides thought leadership on analytical approaches and mentors junior analysts.

Essential Duties and Responsibilities:

  • Analyze portfolio trends, risk concentrations, and emerging risks. Work with large datasets related to leases, loans, collateral values, and customer performance.
  • Develop credit, residual value, and/or portfolio risk models and interpret outputs. Lead model documentation, testing, and model governance activities.
  • Contribute to a team that reviews and challenges business-leader decisions that influence portfolio composition and risk.
  • Design and execute stress testing, scenario analysis, and sensitivity analysis.
  • Lead the automation of risk reports and dashboards.
  • Mentor and review work performed by Analysts.

Qualifications/Competencies:

  • Master’s degree in financial engineering, statistics, mathematics, engineering, econometrics, or a related field. Bachelor’s degree is acceptable with compensatory experience.
  • 3–5 years of quantitative, analytics, or risk experience
  • Proficiency in Excel and SQL or Python.
  • Solid understanding of leasing, asset finance, or secured lending concepts.
  • Ability to present complex analyses to non-technical audiences.

Working Hours:

  • This is a full-time position based on a 40-hour work week (35-hour for Canada) but may vary to meet business needs.

Physical Demands:

  • Digital dexterity and hand/eye coordination in operation of office equipment
  • Ability to speak to and hear customers and/or other employees via phone or in person
  • Body motor skills sufficient to move from one office location to another

This job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.


The position is exempt and the salary will be between $110,000 and $135,000 with an opportunity to earn a discretionary annual bonus.

The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.

Additional benefits:

- Medical, Dental, and vision plans

- 401(k) and matching

- Paid Time Off

- Company Paid Life Insurance

- Employee Assistance Program

- Training and Development Opportunities

- Employee Discounts