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Quantitative Risk Analyst Jobs in New York (NOW HIRING)

Scenario analysis and stress testing * Collaborate with Market Risk, Credit Risk, SIMM, and Quantitative Risk Development teams to ensure consistency and robustness of risk measures across the equity ...

Market Risk Analyst

New York, NY · On-site

$150K - $200K/yr

Research quantitative framework used to guide portfolio construction and asset allocation process ... Partner with technology to transform risk tools and analytics into robust, scalable production ...

Research quantitative framework used to guide portfolio construction and asset allocation process ... Partner with technology to transform risk tools and analytics into robust, scalable production ...

You will bridge the gap between deep quantitative trading risks and the broader strategic risk ... Stress Testing & Scenario Analysis: Develop forward-looking scenarios (including "black swan ...

Risk Management protects the firm from losses resulting from defaults by our lending and trading ... Quantitative/analytical background (e.g. finance, accounting, mathematics, STEM, law, economics ...

Risk Analyst

New York, NY · On-site

$75K - $95K/yr

Risk Management protects the firm from losses resulting from defaults by our lending and trading ... Quantitative/analytical background (e.g. finance, accounting, mathematics, STEM, law, economics ...

Risk Analyst

New York, NY · Hybrid

$75 - $100/hr

As a Risk Analyst, you will play a key role in identifying, assessing, monitoring, and reporting ... Strong quantitative and analytical skills, with the ability to interpret and communicate complex ...

Risk Analyst

New York, NY · On-site

$75 - $100/hr

As a Risk Analyst, you will play a key role in identifying, assessing, monitoring, and reporting ... Strong quantitative and analytical skills, with the ability to interpret and communicate complex ...

Risk Tech Analyst

New York, NY · Hybrid

$70K - $100K/yr

Support * Assist Quants, Risk Analytics and Market Risk teams in generating the numbers out of the Murex & Calculation engine platforms (SIMM crif files, PL Vectors for VaR, Backtesting, DRC, FRTB SA)

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Quantitative Risk Analyst information

See New York salary details

$61.8K

$146.5K

$262.6K

How much do quantitative risk analyst jobs pay per year?

As of Jun 13, 2026, the average yearly pay for quantitative risk analyst in New York is $146,466.00, according to ZipRecruiter salary data. Most workers in this role earn between $122,000.00 and $159,200.00 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, and why are they important?

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 New York? The most popular types of Quantitative Risk Analyst jobs in New York are:
What are popular job titles related to Quantitative Risk Analyst jobs in New York? For Quantitative Risk Analyst jobs in New York, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Analyst jobs in New York look for? The top searched job categories for Quantitative Risk Analyst jobs in New York are:
What cities in New York are hiring for Quantitative Risk Analyst jobs? Cities in New York with the most Quantitative Risk Analyst job openings:
Infographic showing various Quantitative Risk Analyst job openings in New York as of June 2026, with employment types broken down into 4% As Needed, 78% Full Time, 9% Part Time, 5% Temporary, 3% Contract, and 1% Nights. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $146,466 per year, or $70.4 per hour.
VP, Counterparty Credit Risk Quantitative Analyst

VP, Counterparty Credit Risk Quantitative Analyst

Jefferies

Manhattan, NY

$185K - $200K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Job description

We are seeking a highly skilled quantitative professional to join the Risk Analytics group to develop and manage analytics for counterparty credit risk models focused on fixed income products, including repos, security lend/borrow, mortgages, and interest rate derivatives. The candidate will contribute to model development across the full model lifecycle, from methodology and design to implementation, validation, and ongoing performance monitoring. The successful candidate will also provide quantitative risk analysis to support day-to-day counterparty credit risk management. 

Responsibilities

  • Develop and implement analytics to support counterparty credit risk management.
  • Design and Build infrastructure to consolidate counterparty credit risk models across systems.
  • Conduct quantitative research to implement model changes, enhancements, and remediations.
  • Design and develop analytical tools and dashboards to enhance risk transparency and decision-making.
  • Build and maintain model performance monitoring, benchmarking, and backtesting frameworks.
  • Assess methodologies and processes to identify potential weaknesses and evaluate risk materiality.
  • Partner with stakeholders across business, risk, technology, and other functional teams to ensure effective model development, governance, and usage 

Qualifications

  • Master's Degree in a quantitative discipline; PhD preferred.
  • A minimum of 3-5 years of experience in counterparty credit risk modeling.
  • Deep understanding of pricing and risk calculations for financial products.
  • Strong analytical skills, with the ability to interpret complex quantitative models and translate business requirements into robust library design, code development, and integration into IT systems.
  • Proficiency in Python and other programming languages, with strong data-handling skills in SQL.
  • Strong project management, organizational, and stakeholder communication skills.
  • Excellent written communication skills, with the ability to produce clear, precise, and compliant model documentation.
  • Familiarity with Numerix and/or Bloomberg platforms is preferred.
  • CQF Certification is highly desired. 

Primary Location Full Time Salary Range of $185,000 - $200,000. 

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.

The salary offered will take into consideration an individual's experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.