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Quantitative Risk Analyst Jobs in Boston, MA (NOW HIRING)

Fidelity Investments

Quantitative Analyst

Boston, MA · On-site

$100K - $200K/yr

The Team SAI's Quantitative Research analysts work either directly on an asset class or product ... The team's work includes risk modeling, portfolio construction analysis, the creation of smart beta ...

Fidelity Investments

Quantitative Analyst

Boston, MA · On-site

$100K - $200K/yr

The Team SAI's Quantitative Research analysts work either directly on an asset class or product ... The team's work includes risk modeling, portfolio construction analysis, the creation of smart beta ...

WSP

Senior Risk Manager

Boston, MA · On-site

Conduct quantitative cost and schedule risk analysis. (QCRA / QSRA) * Prepare project and/or program risk reports as required. * Provides regular briefing to project managers / clients on risks ...

WSP

Senior Risk Manager

Boston, MA

Conduct quantitative cost and schedule risk analysis. (QCRA / QSRA) * Prepare project and/or program risk reports as required. * Provides regular briefing to project managers / clients on risks ...

Mace

Senior Risk Manager

Boston, MA · Hybrid

Delivering quantitative risk analysis, contingency reviews, and clear monthly reporting to support informed decisionmaking. * Ensuring effective mitigation planning, integrating risk with PMO and ...

Fidelity Investments

Quantitative Analyst

Boston, MA · On-site

$100K - $200K/yr

The team's work includes risk modeling, portfolio construction analysis, the creation of smart beta ... The Role The Quantitative Taxable team within Quantitative Research group is responsible for ...

Fidelity Investments

Quantitative Analyst

Boston, MA · On-site

$100K - $200K/yr

The team's work includes risk modeling, portfolio construction analysis, the creation of smart beta ... The Role The Quantitative Taxable team within Quantitative Research group is responsible for ...

State Street Global Advisors

Market Risk

Boston, MA · On-site +1

$82K - $180K/yr

This self-motivated Market Risk Analyst will use a strong technical and quantitative aptitude providing market risk exposure oversight as part of the ERM Trading and Market Risk team, and the ...

State Street Corporation

Market Risk

Boston, MA · On-site

$82K - $180K/yr

This self-motivated Market Risk Analyst will use a strong technical and quantitative aptitude providing market risk exposure oversight as part of the ERM Trading and Market Risk team, and the ...

FINRA

Principal Analyst, Risk Monitoring

Boston, MA · Hybrid

FINRA is seeking a Senior Risk Monitoring Analyst to play a pivotal role in safeguarding the ... Intermediate-to-Advanced quantitative and analytical problem-solving abilities * Proven ability to ...

Victory Capital

Senior Quantitative Analyst

Boston, MA · Hybrid

$110K - $120K/yr

Victory Capital Management, Inc. seeks Senior Quantitative Analyst in Boston, MA to develop and implement quantitative models to be used in trading and portfolio management of fixed income ...

Victory Capitel

Senior Quantitative Analyst

Boston, MA · On-site

$110K - $120K/yr

Victory Capital Management, Inc. seeks Senior Quantitative Analyst in Boston, MA to develop and implement quantitative models to be used in trading and portfolio management of fixed income ...

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All JobsQuantitative Risk Analyst JobsQuantitative Risk Analyst Jobs in Boston, MA

Quantitative Risk Analyst information

See Boston, MA salary details

$61.4K

$145.4K

$260.7K

How much do quantitative risk analyst jobs pay per year?

As of Jul 13, 2026, the average yearly pay for quantitative risk analyst in Boston, MA is $145,437.00, according to ZipRecruiter salary data. Most workers in this role earn between $121,100.00 and $158,100.00 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 popular job titles related to Quantitative Risk Analyst jobs in Boston, MA? For Quantitative Risk Analyst jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Analyst jobs in Boston, MA look for? The top searched job categories for Quantitative Risk Analyst jobs in Boston, MA are:
Quantitative Risk Analyst jobs near you
Infographic showing various Quantitative Risk Analyst job openings in Boston, MA as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 82% Full Time, 11% Part Time, 1% Temporary, and 4% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $145,437 per year, or $69.9 per hour.

Ph.D. Graduate Intern Quantitative Portfolio Risk Analytics

Risk Analytics Company

Cambridge, MA • On-site

Full-time

Re-posted 7 days ago

Job description

Ph.D. Graduate Intern Quantitative Portfolio Risk Analytics (Cross-Disciplinary)

Position Overview
We are seeking an exceptional Ph.D. graduate student to join our team as a Quantitative Portfolio Risk Analytics Intern. This role focuses on developing and applying advanced analytical methods to understand portfolio risk, market structure, and complex financial systems.
We are intentionally recruiting from cross-disciplinary, research-driven backgrounds. Doctoral candidates from fields such as physics, astrophysics, math, applied mathematics, statistics, engineering, economics, computer science, quantum computing, biotech, and other data-intensive sciences are strongly encouraged to applyespecially those interested in translating rigorous quantitative methods into real-world financial applications.
Key Responsibilities
  • Develop and enhance quantitative models for portfolio risk, including factor-based and statistical approaches
  • Analyze large, high-dimensional financial datasets to uncover structure, dependencies, and sources of risk
  • Design and implement analytical tools and pipelines using Python and SQL
  • Contribute to model validation, backtesting, and performance evaluation
  • Collaborate with risk, engineering, and data teams to improve model scalability and data infrastructure
  • Communicate complex quantitative insights through clear visualizations and technical summaries
  • Apply advanced methodologies from your discipline (e.g., stochastic modeling, optimization, machine learning, or geometric/topological approaches) to improve risk analytics
Required Qualifications
  • Currently enrolled in a graduate Ph.D. program in a highly quantitative field (e.g., Math, Applied Mathematics, Physics, Astrophysics, Statistics, Computer Science, Engineering, Financial Engineering, Economics, Biotech or other data-driven disciplines)
  • Strong foundation in probability, statistics, and numerical methods
  • Proficiency in Python (NumPy, pandas, or similar) and/or SQL
  • Experience working with large datasets and implementing quantitative models
  • Ability to think rigorously about complex systems and translate theory into practical solutions
Preferred Qualifications
  • Familiarity with quantitative finance concepts (e.g., portfolio theory, factor models, volatility modeling, Value-at-Risk)
  • Experience with scientific computing, optimization, or machine learning
  • Background or research in cross-disciplinary areas such as:
    • Statistical physics, complex systems, or network theory
    • Applied or computational mathematics
    • Machine learning or probabilistic modeling
    • Quantum computing or advanced optimization techniques
    • Topological data analysis or geometric data methods
  • Prior research, publications, or project work demonstrating advanced quantitative modeling
What Youll Gain
  • Exposure to real-world portfolio risk problems at the intersection of finance and advanced analytics
  • Opportunity to apply cutting-edge academic methods in a production environment
  • Collaboration with a highly quantitative, cross-disciplinary team
  • Experience working with large-scale financial data and modern analytics infrastructure
  • Mentorship and potential pathway to full-time quantitative roles
Duration & Compensation
  • Internship: Summer 2026, with potential to extend
  • Paid internship (competitive, based on experience and location)