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Quantitative Risk Analyst Jobs in Minnesota (NOW HIRING)

Epic Beaker (LAB) Manager IT

Saint Paul, MN · On-site

$95K - $117K/yr

Apply quantitative risk assessment to team's assignments to understand potential threats and the ... Oversee analysis of issues or needs and review recommended solutions. * Assess the impact of ...

Recommending appropriate risk-based business actions to be taken to onboard customer and/or on ... S. degree; quantitative or technical degree a plus * CAMS, CFCS or CFE certification is a plus.

Develop, maintain, and improve financial and risk models and ad hoc analysis to understand ... Quantitative field including mathematics, engineering, economics, actuarial science or related.

... related quantitative field. Equivalent combinations of education and experience will also be ... Demonstrated use of advanced statistical techniques (risk scoring, predictive modeling)) * Exposure ...

Showing results 41-60

Quantitative Risk Analyst information

See Minnesota salary details

$55.3K

$131.1K

$235.1K

How much do quantitative risk analyst jobs pay per year?

As of Aug 19, 2026, the average yearly pay for quantitative risk analyst in Minnesota is $131,121.00, according to ZipRecruiter salary data. Most workers in this role earn between $109,200.00 and $142,500.00 per year, depending on experience, location, and employer.

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

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

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

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

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

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

Infographic showing various Quantitative Risk Analyst job openings in Minnesota as of August 2026, with employment types broken down into 92% Full Time, 6% Part Time, and 2% Contract. Highlights an 76% In-person, 10% Hybrid, and 14% Remote job distribution, with an average salary of $131,121 per year, or $63 per hour.

Manager Capital Markets Financial Analysis

Ameriprise Financial

Minneapolis, MN • On-site

$84K - $147K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 2 days ago


Ameriprise rating

7.7

Company rating: 7.7 out of 10

Based on 130 frontline employees who took The Breakroom Quiz

107th of 150 rated financial services


Job description

About Our Company


We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Ameriprise Financial is looking to add a Manager Capital Markets Financial Analysis to the team! The individual in this role will influence business decision-making by ensuring accurate business drivers are considered in the financial or statistical analysis conducted within the Capital Markets Solution (CMS) team. Analyze and develop financial models of complex quantitative and qualitative data produced both internally and externally. Make recommendations for actions to address complex business issues.

Key Responsibilities

  • Problem solve for resolution to modeling issues. Direct technical and analytic employees to resolve issues related to models. Ensure accuracy and integrity of data.
  • Oversee analysis of complex business issues by incorporating company and industry knowledge, mathematical expertise, and sound analytical processes. Assess risk/return trade-offs through the evaluation of existing and new investment alternatives.
  • Present results of analysis and/or recommendations to business managers, utility partners, and, at times, external parties ensuring to drive vision and priorities for the organization. Communicate action plans and priorities to appropriate partners.
  • Subject matter expertise in specific financial instruments or insurance contracts. Consult with business and CMS senior leadership to ensure all risks and analysis to these line items are considered.
  • Support strength of control environment for CMS operations, including review of risk-based transactions. Ensure accuracy of models, data management and reporting.


Required Qualifications

  • Bachelor's degree (or equivalent) in math, physics, economics or a quantitative field of study
  • 5+ years of quantitative analytic experience
  • Strong relationship and communication skills in working with colleagues, influencing customers on recommendations and analysis results.
  • Proficiency in C++, Python


Preferred Qualifications

  • Strong analytical, quantitative and problem-solving skills and ability to use statistical analysis and modeling, with associated tech applications.
  • In-depth knowledge of business operations and processes with ability to articulate these processes to others.
  • Strong risk management, project management, and organizational skills; ability to work in an environment of changing priorities.
  • Master's or Ph.D.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated base salary for this role is $84,100 -147,700/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Finance

Line of Business

FIN Finance

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.


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About Ameriprise

Sourced by ZipRecruiter

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.

Industry

Funds, trusts and financial programs

Company size

5,001 - 10,000 Employees

Headquarters location

Minneapolis, MN, US

Year founded

1894

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