CFA or FRM designation or candidacy Experience * 5+ years of experience in credit risk modeling, quantitative analytics, or financial risk management * 2+ years of people management experience
Quick apply
CFA or FRM designation or candidacy Experience * 5+ years of experience in credit risk modeling, quantitative analytics, or financial risk management * 2+ years of people management experience
Quick apply
CFA or FRM designation or candidacy Experience * 5+ years of experience in credit risk modeling, quantitative analytics, or financial risk management * 2+ years of people management experience
Oakbrook Terrace, IL ยท On-site
$75K - $100K/yr
Primary Purpose The Quantitative Analyst for the Utility of the Future will design and develop proprietary simulation models to support portfolio valuation, pricing, risk management, and overall ...
Oakbrook Terrace, IL ยท On-site
$75K - $100K/yr
Primary Purpose The Quantitative Analyst for the Utility of the Future will design and develop proprietary simulation models to support portfolio valuation, pricing, risk management, and overall ...
Develop expertise in relative value market fundamentals, quantitative modeling, and risk management ... prior internship experience preferred * Deep understanding of finance, math, and statistics
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Develop expertise in relative value market fundamentals, quantitative modeling, and risk management ... prior internship experience preferred * Deep understanding of finance, math, and statistics
Chicago, IL ยท On-site
Develop expertise in relative value market fundamentals, quantitative modeling, and risk management ... prior internship experience preferred * Deep understanding of finance, math, and statistics
Chicago, IL ยท On-site
Develop expertise in relative value market fundamentals, quantitative modeling, and risk management ... prior internship experience preferred * Deep understanding of finance, math, and statistics
Chicago, IL ยท On-site +1
$110K - $115K/yr
... Quantitative Finance or related field and 4 years of related experience * Any amount of experience operating and maintaining credit risk models for mortgage loan portfolios * Any amount of experience ...
Chicago, IL ยท On-site +1
$110K - $115K/yr
... Quantitative Finance or related field and 4 years of related experience * Any amount of experience operating and maintaining credit risk models for mortgage loan portfolios * Any amount of experience ...
Chicago, IL ยท On-site
$110K - $115K/yr
... Quantitative Finance or related field and 4 years of related experience * Any amount of experience operating and maintaining credit risk models for mortgage loan portfolios * Any amount of experience ...
Chicago, IL ยท On-site
$110K - $115K/yr
... Quantitative Finance or related field and 4 years of related experience * Any amount of experience operating and maintaining credit risk models for mortgage loan portfolios * Any amount of experience ...
... and risk * Build and improve models that reflect real market behavior, balancing accuracy ... Work closely with quants and engineers to ensure models are robust, explainable, and production ...
... and risk * Build and improve models that reflect real market behavior, balancing accuracy ... Work closely with quants and engineers to ensure models are robust, explainable, and production ...
At Jump, research outcomes drive more than superior risk adjusted returns. We design, develop, and ... models. About the Role The PhD quant research internship is an intensive 10-week program designed ...
At Jump, research outcomes drive more than superior risk adjusted returns. We design, develop, and ... models. About the Role The PhD quant research internship is an intensive 10-week program designed ...
Build and test statistical and stochastic models for pricing, forecasting, and risk management ... Attendance and successful completion of this program may be required to receive an internship offer.
Build and test statistical and stochastic models for pricing, forecasting, and risk management ... Attendance and successful completion of this program may be required to receive an internship offer.
What you'll bring * 3-5 years of experience in ALM, risk management, risk modeling or fixed income capital markets. * Bachelor's degree in Accounting or a quantitative field (Mathematical Finance ...
What you'll bring * 3-5 years of experience in ALM, risk management, risk modeling or fixed income capital markets. * Bachelor's degree in Accounting or a quantitative field (Mathematical Finance ...
Chicago, IL ยท On-site
What you'll bring * 3-5 years of experience in ALM, risk management, risk modeling or fixed income capital markets. * Bachelor's degree in Accounting or a quantitative field (Mathematical Finance ...
Chicago, IL ยท On-site
What you'll bring * 3-5 years of experience in ALM, risk management, risk modeling or fixed income capital markets. * Bachelor's degree in Accounting or a quantitative field (Mathematical Finance ...
Chicago, IL ยท On-site
$175K - $250K/yr
... and risk * Build and improve models that reflect real market behavior, balancing accuracy ... Work closely with quants and engineers to ensure models are robust, explainable, and production ...
Chicago, IL ยท On-site
$175K - $250K/yr
... and risk * Build and improve models that reflect real market behavior, balancing accuracy ... Work closely with quants and engineers to ensure models are robust, explainable, and production ...
Build and test statistical and stochastic models for pricing, forecasting, and risk management ... Attendance and successful completion of this program may be required to receive an internship offer.
Build and test statistical and stochastic models for pricing, forecasting, and risk management ... Attendance and successful completion of this program may be required to receive an internship offer.
The individual will partner closely with model owners, Model Risk Management, internal and external ... Basic Qualifications - Bachelor's degree in a quantitative field, and five or more years of ...
The individual will partner closely with model owners, Model Risk Management, internal and external ... Basic Qualifications - Bachelor's degree in a quantitative field, and five or more years of ...
We are looking for a strategic and results-driven quantitative leader to lead partnering with technology and lead automation initiatives within the Credit Risk Model Operations and Strategy team, as ...
We are looking for a strategic and results-driven quantitative leader to lead partnering with technology and lead automation initiatives within the Credit Risk Model Operations and Strategy team, as ...
Chicago, IL ยท On-site
... modeling, and risk management * Build and maintain quantitative model tools and analytics * Actively learn and analyze real-time trades * Engage in formal internship classroom-style education ...
Chicago, IL ยท On-site
... modeling, and risk management * Build and maintain quantitative model tools and analytics * Actively learn and analyze real-time trades * Engage in formal internship classroom-style education ...
... modeling, and risk management * Build and maintain quantitative model tools and analytics * Actively learn and analyze real-time trades * Engage in formal internship classroom-style education ...
Quick apply
... modeling, and risk management * Build and maintain quantitative model tools and analytics * Actively learn and analyze real-time trades * Engage in formal internship classroom-style education ...
Chicago, IL ยท On-site
$300K/yr
... trading models. About the Role: The quant trading internship is an intensive 10-week program ... Appetite for risk-taking * Demonstrated interest in financial markets Reliable and predictable ...
Chicago, IL ยท On-site
$300K/yr
... trading models. About the Role: The quant trading internship is an intensive 10-week program ... Appetite for risk-taking * Demonstrated interest in financial markets Reliable and predictable ...
Work closely with Quantitative Research, Risk, and Equity Portfolio Management teams to support model development and risk analytics. * Contribute across the software development lifecycle including ...
Quick apply
Work closely with Quantitative Research, Risk, and Equity Portfolio Management teams to support model development and risk analytics. * Contribute across the software development lifecycle including ...
Supports model development and model risk management in respective focus areas to support business ... As a Quantitative Finance Analyst on the Global Financial Crimes Modeling and Analytics team, your ...
Supports model development and model risk management in respective focus areas to support business ... As a Quantitative Finance Analyst on the Global Financial Crimes Modeling and Analytics team, your ...
| Aspect | Internship Quantitative Risk Modeler | Quantitative Risk Analyst |
|---|---|---|
| Credentials | Typically pursuing or recent graduate in finance, mathematics, or related fields | Often requires a degree in finance, economics, or quantitative disciplines; certifications like FRM or CFA are common |
| Work Environment | Internship setting, learning-focused, supervised by senior staff | Full-time professional role, responsible for risk assessment and modeling |
| Employer & Industry Usage | Used in banks, asset management firms, and financial institutions for training and entry-level roles | Common in financial services, banking, and investment firms for ongoing risk management |
The Internship Quantitative Risk Modeler is an entry-level, learning-focused role typically held by students or recent graduates, whereas the Quantitative Risk Analyst is a full-time professional responsible for analyzing and managing risk using quantitative models. The internship provides foundational experience, while the analyst role involves ongoing risk assessment and decision-making.
Full-time
Posted 5 days ago
Location: Chicago, IL (Hybrid)
Employment Type: Full-Time
Our client, a large and well-established financial services organization based in Chicago, is seeking a Manager, Markets Credit to lead credit risk oversight across mortgage-related assets and fixed income investment portfolios.
This role will manage a team responsible for developing and maintaining credit risk models, performing scenario analysis and stress testing, and monitoring portfolio risk trends. The position will also collaborate closely with cross-functional teams to support investment strategies, product development initiatives, and regulatory compliance efforts.
The ideal candidate is a strong analytical leader with experience in credit risk modeling, mortgage or structured finance exposure, and a track record of leading high-performing analytical teams.
Oversee the monitoring and analysis of credit risk exposures within mortgage-related and investment portfolios.
Identify emerging risk trends and provide insights into portfolio performance and risk concentrations.
Ensure risk management frameworks support sound portfolio management and investment decision-making.
Lead the development and maintenance of credit risk models including prepayment, default, and loss forecasting models.
Manage model assumptions, calibration, validation support, and performance monitoring.
Conduct model back-testing and benchmarking to evaluate model effectiveness and recommend improvements.
Design analytical tools and risk frameworks to evaluate credit enhancement adequacy and portfolio resilience.
Lead scenario analysis and macroeconomic stress testing across mortgage and investment portfolios.
Evaluate portfolio sensitivity to changing market conditions and economic variables.
Present findings and recommendations to senior stakeholders.
Partner with model validation teams, internal audit, and regulatory stakeholders to ensure models and processes meet governance requirements.
Support regulatory reporting and model documentation standards.
Identify opportunities to enhance risk monitoring through advanced analytics, automation, and improved data infrastructure.
Lead initiatives that improve analytical efficiency and portfolio risk transparency.
Lead and develop a team of credit risk analysts and quantitative professionals.
Provide mentorship, performance management, and guidance on analytical methodologies.
Build strong partnerships with internal teams including finance, treasury, operations, legal, and risk management.
Bachelorโs degree in Mathematics, Finance, Economics, Statistics, Computer Science, or a related quantitative discipline
Masterโs degree preferred
CFA or FRM designation or candidacy
5+ years of experience in credit risk modeling, quantitative analytics, or financial risk management
2+ years of people management experience
Experience working with mortgage assets, fixed income securities, or structured finance portfolios
Strong experience developing predictive statistical models and analytical frameworks
Proficiency with SQL, Python, or R
Experience with business intelligence and analytics tools such as Tableau or Alteryx
Strong data analysis and modeling capabilities
Familiarity with credit risk management frameworks and model governance
Experience supporting model validation, regulatory reviews, or audit processes
Understanding of mortgage lending, underwriting, or servicing processes is a plus
Ability to lead and develop analytical teams
Strong stakeholder communication and presentation skills
Ability to translate complex analytical findings into actionable insights for business leaders
Strong problem-solving and critical thinking skills
.
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Recruiting and staffing services
11 - 50 Employees
Minnetonka, MN, US
2019