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Quantitative Risk Analyst Jobs in Allen, TX (NOW HIRING)

These risk factors are summarized, evaluated, and reported using quantitative and qualitative ... The Risk Analyst must acquire, review and leverage system documentation and data gathered through ...

These risk factors are summarized, evaluated, and reported using quantitative and qualitative ... The Risk Analyst must acquire, review and leverage system documentation and data gathered through ...

Catastrophe Risk Analyst

Dallas, TX · On-site

$72K - $90K/yr

Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience with AIR/RMS is preferred Behavioral Skills * Effective Communication * Team-oriented mindset

Catastrophe Risk Analyst

Dallas, TX · On-site

$72K - $90K/yr

Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience with AIR/RMS is preferred Behavioral Skills * Effective Communication * Team-oriented mindset

Develops and mentors technology risk professionals while building organizational capabilities in quantitative risk analysis and risk-informed decision making. Risk Quantification Responsibilities:

Financial/Treasury Risk Analyst Work Location : Coppell, TX Duration : 12 months Must Haves: 2-5 ... BA/BS degree with strong quantitative and analytical background. Strong quantitative, analytical ...

Senior Credit Risk Analyst

Dallas, TX · On-site

$90 - $130/hr

... quantitative role * Strong SQL skills; you write complex queries without a template * Strong experience with Python for data analysis and modeling * Working knowledge of credit risk concepts ...

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Quantitative Risk Analyst information

See Allen, TX salary details

$52.6K

$124.5K

$223.2K

How much do quantitative risk analyst jobs pay per year?

As of Sep 5, 2026, the average yearly pay for quantitative risk analyst in Allen, TX is $124,529.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,700.00 and $135,300.00 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 popular job titles related to Quantitative Risk Analyst jobs in Allen, TX?

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

What job categories do people searching Quantitative Risk Analyst jobs in Allen, TX look for?

The top searched job categories for Quantitative Risk Analyst jobs in Allen, TX are:

What cities near Allen, TX are hiring for Quantitative Risk Analyst jobs?

Cities near Allen, TX with the most Quantitative Risk Analyst job openings:

Infographic showing various Quantitative Risk Analyst job openings in Allen, TX as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution, with an average salary of $124,529 per year, or $59.9 per hour.

Functions - Quantitative Risk Management, Summer Analyst, Irving - USA, 2027

Citigroup, Inc.

Irving, TX • On-site

$60K - $110K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


Citibank rating

8.4

Company rating: 8.4 out of 10

Based on 179 frontline employees who took The Breakroom Quiz

39th of 174 rated banks


Job description

Citi is looking for Summer Analysts to join the Risk Management team in our Irving office. Your work, as part of the Risk summer program, can have an immediate impact. Citi Risk Management is a strategic business partner and works closely with global management teams across the firm.
You're the brains behind our work.
You're ready to bring your knowledge from the classroom to the boardroom, and Citi wants to help you get there. Whether it's honing your skills or building your network, we know that success can't come without growth. Our Early Career programs equip you with the knowledge and training you need to play a valuable role on your team and establish a long-term career here at Citi; where we value internal mobility, and career growth is not a question of if, but when.
We provide you with the knowledge and skills you need to succeed.
The Quantitative Risk Management Summer Analyst program will provide a fundamental understanding of risk management, risk governance and risk best practices. You will learn about Citi's business operations and the risks it manages. Additionally, you will gain a broad understanding of how a portfolio of Risk is managed in a global financial institution using various measurement techniques including VaR, stress-testing and scenario analysis. Quant Risk Analysts will also learn about the risks and rewards from individual financial instruments.
Your time here will look something like this...
The Quantitative Risk Management Summer Analyst Program is a 10-week developmental program that introduces Masters students to Risk Management through diversified experiences. Through placement on one of our Risk teams, you will have the opportunity to work on challenging and impactful projects, assess risk, develop business acumen, build upon leadership skills, and deepen your technical and analytical ability.
You will be assigned to a specific role within one of the Risk disciplines including Central Governance, Treasury Risk Management, Global Market Risk, Model Risk Management and Quantitative Risk & Stress Testing. Summer Analysts work closely with management teams, receive mentorship from senior leaders and peers, and are given the opportunity to add value to the risk organization and the firm through responsibilities structured to respond to the increasing regulatory, quantitative, and technical demands of the financial world. This program is aligned with Citi Risk objectives and structured for completion within a two-month period.
We want to hear from you if...
  • You are currently pursuing a Masters in Engineering, Science, Technology or Mathematics (Graduating between December 2027-May 2028)
  • You have 0-2 years of significant, related work experience
  • You possess a strategic and analytical mindset with a global perspective and excellent judgment
  • You are willing to take initiative and offer creative solutions and able to step out of your comfort zone
  • You possess resiliency to work in an environment of change and competition and are familiar with process improvement
  • You are committed to excellence with a sense of urgency and excitement
  • You have proficiency in analytical, coding or data mining tools (e.g. SAS, SQL, R, Python, Hadoop, Spark, MATLAB, Tableau, PowerBI)
  • You are technologically proficient in Excel, Word and Power Point
  • You have strong written and verbal communication and presentation skills
  • You are able to build and maintain excellent business relationships

Who we think will be a great fit...
  • You enjoy statistical analysis for projects and data/modeling validation
  • You solve problems through statistical and non-statistical data exploration and can identify data quality issues
  • You are willing to reinforce the firm's Risk Management goals and objectives, ensure Citi's safety and soundness, enhance capabilities in focus segment, and continue to make Citi a great place to work
  • You take initiative, ask questions, eager to learn, have a growth mindset, and want to build leadership skills

Job Family Group:
Management Development Programs
Job Family:
Intern
Time Type:
Full time
Primary Location:
Irving Texas United States
Primary Location Full Time Salary Range:
$60,000.00 - $110,000.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
Sep 09, 2026
Automated Processing and AI
We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
Illinois residents - AI Notice and Right
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi's EEO Policy Statement and the Know Your Rights poster.

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About Citigroup Inc

Sourced by ZipRecruiter

We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We have set expectations for how we must act to bring our mission to life. These expectations are at the heart of our Leadership Principles – we take ownership, we deliver with pride and we succeed together.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

New York City, NY, US