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Quantitative Risk Analyst Jobs in Washington (NOW HIRING)

Developing and undertaking advanced Quantitative Risk Analysis including Cost, Schedule and integrated Cost and Schedule analyses, to enable robust forecasting and tracking of risk exposure. * Assist ...

Perform and oversee quantitative risk analysis to inform contingency planning. * Provide risk input into governance forums, reporting cycles, and executive briefings. * Support change impact ...

Job Title: Quantitative Analyst Location: Onsite, Washington, DC (1100 15th Street NW) Schedule ... This role will support capital markets trading and market risk management by translating business ...

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Quantitative Risk Analyst information

See Washington salary details

$64K

$151.6K

$271.8K

How much do quantitative risk analyst jobs pay per year?

As of Jun 19, 2026, the average yearly pay for quantitative risk analyst in Washington is $151,629.00, according to ZipRecruiter salary data. Most workers in this role earn between $126,300.00 and $164,800.00 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 Washington? The most popular types of Quantitative Risk Analyst jobs in Washington are:
What are popular job titles related to Quantitative Risk Analyst jobs in Washington? For Quantitative Risk Analyst jobs in Washington, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Analyst jobs in Washington look for? The top searched job categories for Quantitative Risk Analyst jobs in Washington are:
What cities in Washington are hiring for Quantitative Risk Analyst jobs? Cities in Washington with the most Quantitative Risk Analyst job openings:
Infographic showing various Quantitative Risk Analyst job openings in Washington as of June 2026, with employment types broken down into 4% As Needed, 85% Full Time, 5% Part Time, 2% Temporary, 3% Contract, and 1% Nights. Highlights an 77% Physical, 7% Hybrid, and 16% Remote job distribution, with an average salary of $151,629 per year, or $72.9 per hour.
Risk Analyst

$180K - $272K/yr

Full-time

Posted 7 days ago


Job description

Summary
This position is located in the Risk Surveillance Branch of the Division of Clearing and Risk (DCR). The Risk Surveillance Branch (RSB) is responsible for quantitative risk surveillance of the clearing eco-system - derivatives instruments, both cleared and uncleared, markets intermediaries and their clients, and clearinghouses. The program has three core functions: margin model oversight, daily risk surveillance, and supervisory stress tests.
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Duties
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As a Risk Analyst (Margin Models) in the Risk Surveillance Branch, you will:
  • Draft documents describing margin methodologies used, or proposed, by registered central counterparty clearinghouses (CCPs) in both high-level overviews as well as more detailed narratives;
  • Evaluate margin models used for a diverse set of derivatives products, including models for futures, options on futures, and over-the-counter (OTC) derivatives such as credit default and interest rate swaps;
  • Develop and build prototypes of margin models, or components of margin models, to determine if they appropriately reflect underlying product risk. In addition to these prototypes, analysts would perform statistical analysis such as stochastic process modeling, multi-variate distributions, value-at-risk, expected shortfall, etc., to evaluate the effectiveness of margin models;
  • Use financial and statistical software programs such as MATLAB, R, Python and/or SAS to value and stress test futures and OTC derivatives (e.g. rate and credit swaps) at both an instrument and portfolio level;
  • Conduct risk surveillance activities to evaluate market and other position-related risk at CCPs and clearing members (CMs), perform stress test and back-testing analyses, and identify market participants that pose unusual levels of risk;
  • Develop historical knowledge of the types of risks facing CCPs, their members, and their clients, and how these have changed through time. This work is applicable throughout the Commission's programs of oversight over CCPs, self-regulatory organizations (SROs) and CMs;
  • Lead presentations for DCR senior staff and staff of other Commission offices/divisions regarding margin model issues or innovations. Incumbent is able to answer questions from DCR and other Commission staff and from the public concerning the theoretical and practical aspects of CCP margin models;
  • Plan, coordinate, and participate in the regular evaluation of risk management systems and functions of entities such as CCPs and CMs, as well as in non-routine reviews involving complex or unusual issues arising from the financial information and analyses of such entities. Prepare reports of review findings.

Requirements
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Conditions of employment
  • U.S. Citizenship
  • Background/Security Investigation
  • Selective Service Registration is required for males born after 12/31/1959
  • May be required to serve a one-year probationary period

Qualifications
CT-14 Level: To qualify for the CT-14 level you must have at least one year of specialized experience equivalent to the next lower grade (GS/CT-13 level). Specialized experience is defined that through which one has gained experience:
  • Applying advanced statistical concepts within the risk management framework including tasks such as stochastic process modeling, multi-variate distributions, value at risk, expected shortfall, extreme value theory, GARCH, and EWMA;
  • Applying knowledge of derivatives market structure, trading activities and asset pricing and modeling techniques to evaluate market risk and liquidity risk of different products and portfolios;
  • Utilizing statistical software tools (SAS, MATLAB, Python, R, etc.) to perform tasks such as valuing financial instruments (e.g. futures, options, and OTC derivatives) quantiy the risk, mining large databases, analyzing data, and creating data visualizations.

Desirable Experience includes experience gained at a clearing house, bank, member of a clearing house, trading firm, or a regulatory agency with oversight authority over aspects of the financial markets. This experience may have been gained in either the public or private sector.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student; social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
Education
Education is not required, nor may it be substituted for specialized experience.
Additional information
This is a Bargaining Unit Position located in the National Treasury Employee Union (NTEU) Chapter 337.
Relocation: Relocation expenses will not be paid.
Probationary Period: As a condition of employment for accepting this position, you may be required to serve a 1-year probationary period during which we will evaluate your fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider:
  • Your performance and conduct;
  • The needs and interests of the agency;
  • Whether your continued employment would advance organizational goals of the agency or the Government; and
  • Whether your continued employment would advance the efficiency of the Federal service. Upon completion of your probationary/trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.

More than the number of positions listed may be filled through this vacancy announcement.
The overall salary range is provided for informational purposes as it represents the full range that is applicable to current employees in this occupation/grade. A new hire's direct and overall experience are critical factors in determining a salary offer, therefore, it is important that your resume fully reflects all of your work experience. Note that the upper end of each range is typically applicable only to candidates with significant years of work experience and qualifications Please review the CFTC Compensation Program website for additional information.
The law prohibits public officials from appointing, promoting, or recommending their relatives. The law prohibits requesting, making, transmitting, accepting, or considering political recommendations for employment or other personnel actions for non-political positions. This includes recommendations from Members of Congress, Congressional employees, elected state or local officials, and political party officials and any recommendation based on party affiliation.
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Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.
Benefits
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A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
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Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.