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Quantitative Risk Analyst Jobs in California (NOW HIRING)

Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation based methods to evaluate forecast uncertainty and outcome distributions. * Analyze economic ...

Senior Risk Manager

San Francisco, CA · On-site

$174K - $213K/yr

Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation based methods to evaluate forecast uncertainty and outcome distributions. * Analyze economic ...

Commodity Risk Analyst

Goshen, CA · On-site

$140K - $150K/yr

This position provides market intelligence, risk analysis, and actionable recommendations to ... Exceptional analytical and quantitative problem-solving skills. * Strong communication and ...

Perform advanced Quantitative Risk Analysis (QRA), including cost, schedule, and integrated cost-schedule analysis to support forecasting and decision-making. * Ensure identification and effective ...

Perform advanced Quantitative Risk Analysis (QRA), including cost, schedule, and integrated cost-schedule analysis to support forecasting and decision-making. * Ensure identification and effective ...

Perform advanced Quantitative Risk Analysis (QRA), including cost, schedule, and integrated cost-schedule analysis to support forecasting and decision-making. * Ensure identification and effective ...

Commodity Risk Analyst

Goshen, CA · On-site +1

$140K - $150K/yr

This position provides market intelligence, risk analysis, and actionable recommendations to ... Exceptional analytical and quantitative problem-solving skills. * Strong communication and ...

This position provides market intelligence, risk analysis, and actionable recommendations to ... Exceptional analytical and quantitative problem-solving skills. * Strong communication and ...

Showing results 21-40

Quantitative Risk Analyst information

See California salary details

$55.8K

$132.1K

$236.9K

How much do quantitative risk analyst jobs pay per year?

As of Aug 14, 2026, the average yearly pay for quantitative risk analyst in California is $132,124.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,000.00 and $143,600.00 per year, depending on experience, location, and employer.

What are some common challenges a quantitative risk analyst faces when integrating new data sources into risk models?

Quantitative Risk Analysts often encounter challenges related to data quality, consistency, and compatibility when integrating new data sources into risk models. Ensuring that the data is accurate, timely, and relevant requires rigorous validation and sometimes complex data cleaning processes. Additionally, analysts must adapt existing risk models to accommodate new variables, which may involve re-calibrating parameters or even restructuring parts of the model. Effective collaboration with IT and data engineering teams is essential to streamline data integration and maintain model reliability.

What are the key skills and qualifications needed to thrive as a quantitative risk analyst?

To thrive as a Quantitative Risk Analyst, you need strong analytical and mathematical skills, experience with statistical modeling, and typically a degree in finance, mathematics, statistics, or a related field. Proficiency in programming languages such as Python, R, or MATLAB, and familiarity with risk management systems and financial databases are important technical requirements. Attention to detail, problem-solving abilities, and effective communication are vital soft skills for explaining complex analyses to stakeholders. These skills are crucial for accurately identifying, measuring, and mitigating financial risks in dynamic market environments.

What is the difference between Quantitative Risk Analyst vs Credit Risk Analyst?

AspectQuantitative Risk AnalystCredit Risk Analyst
Required CredentialsDegree in finance, economics, or mathematics; certifications like FRM or CFADegree in finance, economics, or related; certifications like FRM or CFA often preferred
Work EnvironmentFinancial institutions, investment firms, risk management departmentsBanks, lending institutions, credit agencies
Employer & Industry UsageUsed across finance sectors for risk modeling and analysisPrimarily in banking and lending for assessing creditworthiness
Comparison Search IntentUnderstanding differences in risk analysis rolesDistinguishing credit-specific risk roles from broader risk analysis

While both roles involve risk assessment and require similar credentials, a Quantitative Risk Analyst focuses on modeling and analyzing various financial risks using quantitative methods across multiple risk types. In contrast, a Credit Risk Analyst specializes in evaluating creditworthiness and managing credit risk specifically within lending and banking sectors.

What is a quantitative risk analyst?

A Quantitative Risk Analyst is a professional who uses mathematical models, statistical techniques, and data analysis to assess and manage financial risks within an organization. They typically evaluate potential losses from market movements, credit defaults, or operational failures and help develop strategies to mitigate those risks. Their work is crucial in industries such as banking, investment, insurance, and asset management, where understanding and controlling risk is essential for financial stability and compliance. Quantitative Risk Analysts often work with complex financial instruments and large datasets, requiring strong analytical and programming skills.

What are the most commonly searched types of Quantitative Risk Analyst jobs in California?

The most popular types of Quantitative Risk Analyst jobs in California are:

What are popular job titles related to Quantitative Risk Analyst jobs in California?

For Quantitative Risk Analyst jobs in California, the most frequently searched job titles are:

What job categories do people searching Quantitative Risk Analyst jobs in California look for?

The top searched job categories for Quantitative Risk Analyst jobs in California are:

Infographic showing various Quantitative Risk Analyst job openings in California as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 9% Part Time, 2% Temporary, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $132,124 per year, or $63.5 per hour.

Senior Risk Manager

WSP

San Francisco, CA

$174K - $213K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 26 days ago


WSP rating

8.6

Company rating: 8.6 out of 10

Based on 69 frontline employees who took The Breakroom Quiz

17th of 72 rated business consultants


Job description

This Opportunity

WSP is seeking a Senior Risk Manager to join our Project Controls group in San Francisco, CA.

Your Impact

  • Act as the risk management subject matter expert on assigned project, program, portfolio being accountable for the risk management performance on assigned commissions. 
  • Develop effective risk management framework / strategy. 
  • Plan, design, and implement risk management processes tailored to the client's needs and aligned with best practice (e.g., AACE International, Project Management Institute, ISO 31000).
  • Facilitate structured discussions and workshops to elicit assumptions, quantify uncertainty, and validate economic risk drivers with technical and project stakeholders.
  • Develop and maintain project and/or program risk registers with input from project and client team members.
  • Develop and maintain quantitative economic risk models to evaluate the probability and impact of alternative project outcomes, including downside and upside scenarios.
  • Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation based methods to evaluate forecast uncertainty and outcome distributions.
  • Analyze economic drivers of project risk, including market conditions, labor and commodity trends, productivity assumptions, and systemic risk factors.
  • Prepare economic risk assessments, forecasts, and scenario analyses to support project managers, executives, and clients in strategic decision making.
  • Advise project leadership on risk adjusted contingency and schedule reserve ranges based on quantitative economic analysis.
  • Prepare project and/or program risk reports as required.
  • Support project teams in developing and implementing appropriate internal and external response plans for critical risks.
  • Work with project teams to determine appropriate contingency and schedule reserve amounts.
  • Provide training to junior risk managers and other staff as required. 
  • Strong attention to detail while maintaining a big-picture point of view.
  • Ability to manage challenging behaviors and maintain effective working relationships based on diplomacy while maintaining independence and not swayed in judgment or course of actions.
  • Demonstrate strong organizational, analytical, and multi-tasking skills (i.e., ability to handle multiple projects simultaneously).
  • Performs other duties as assigned.
  • Travel as required

Who You Are

Required Qualifications:

  • Bachelor's degree in Engineering, Construction Management, Economics, Finance, or relevant field
  • 10 years of experience in risk management; construction management; project management; and/or contract or change management
  • Knowledge of general risk management and project control standards and frameworks, (e.g., AACE International, APM, IRM, Project Management Institute, ISO 31000).
  • Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule.
  • Experience in conceptualizing and developing risk models using analytical methods.
  • Working knowledge of cost risk analysis software (@Risk, Acumen Risk, Crystal Ball etc.) and schedule risk analysis software (OPC, Primavera Risk Analysis, etc.).
  • Experienced in development and management of diverse teams.
  • Experience in preparing risk reports and documentation
  • Proven track record of upholding workplace safety and ability to abide by WSP's health, safety and drug/alcohol and harassment policies
  • Exercise responsible and ethical decision-making regarding company funds, resources and conduct and adhere to WSP's Code of Conduct and related policies and procedures 

Preferred Qualifications:

  • Engineering / Economics / Project Controls Management background.
  • Experience in multiple sectors (e.g., transportation, energy, aviation etc.) and familiar with project/program delivery processes.
  • PMP, PMI-RMP or other certification
  • Experience in effectively reporting and communicating risk analysis outcomes to wider project team.
  • Experience in Strategic and / or Enterprise Risk Management is a plus
  • Experience in FTA funded programs
  • Knowledge and understanding of Federal, state, and local transportation administration regulations and policies
  • Practical Knowledge of Power BI and other reporting suite tools.
  • Commercial acumen in relation to business development 
  • Knowledge of planning tools (e.g., P6, MS Project)

WSP Benefits: 

WSP provides a comprehensive suite of benefits focused on providing health and financial stability throughout the employee's career. These benefits include coverage related to medical, dental, vision, disability, and life; retirement savings; paid sick leave; paid vacation (or other personal time); paid parental leave; and paid time off for purposes of bereavement, voting, and/or attendance at naturalization proceedings. 

Compensation:

Expected Salary (all locations): $174,400-213,200

WSP USA is providing the compensation range that the company in good faith believes it might pay and offer for this position, based on the successful applicant's education, experience, knowledge, skills, abilities in addition to internal equity and specific geographic location. WSP USA reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation, depending on circumstances not related to an applicant's sex or other status protected by local, state, and/or federal law

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About WSP

WSP USA is the U.S. operating company of WSP, one of the world's leading engineering and professional services firms. Dedicated to serving local communities, we are engineers, planners, technical experts, strategic advisors and construction management professionals. WSP USA designs lasting solutions in the buildings, transportation, energy, water and environment markets. With more than 15,000 employees in over 300 offices across the U.S., we partner with our clients to help communities prosper.

www.wsp.com

WSP provides a flexible and agile workplace model while meeting client needs. Employees are also afforded a comprehensive suite of benefits including medical, dental, vision, disability, life, and retirement savings focused on providing health and financial stability throughout the employee's career.

At WSP, we want to give our employees the challenges they seek to grow their careers and knowledge base. Your daily contributions to your team will be essential in meeting client objectives, goals and challenges. Are you ready to get started?

WSP USA (and all of its U.S. companies) is an Equal Opportunity Employer Race/Age/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Disability or Protected Veteran Status.

The selected candidate must be authorized to work in the United States.

NOTICE TO THIRD PARTY AGENCIES:

WSP does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to WSP in the absence of a signed Service Agreement where WSP has expressly requested recruitment/staffing services specific to the position at hand.  Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of WSP and WSP will have the right to hire that candidate without reservation - no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service. 


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