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Quantitative Risk Analyst Jobs in Salt Lake City, UT

Proficient in performing cost estimating activities such as cost/price analysis, WBS development, and risk analysis. * Excellent verbal communication, written, and quantitative analytical skills are ...

Senior Cost Analyst

UT · On-site

$76K - $97K/yr

... risk analysis, performance measurement (earned value), project forecasting and risk assessment ... We are seeking individuals with excellent quantitative and analytical skills for senior level cost ...

Showing results 21-40

Quantitative Risk Analyst information

See Salt Lake City, UT salary details

$54.7K

$129.6K

$232.3K

How much do quantitative risk analyst jobs pay per year?

As of Sep 3, 2026, the average yearly pay for quantitative risk analyst in Salt Lake City, UT is $129,554.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,900.00 and $140,800.00 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 Salt Lake City, UT?

The most popular types of Quantitative Risk Analyst jobs in Salt Lake City, UT are:

What are popular job titles related to Quantitative Risk Analyst jobs in Salt Lake City, UT?

For Quantitative Risk Analyst jobs in Salt Lake City, UT, the most frequently searched job titles are:

What job categories do people searching Quantitative Risk Analyst jobs in Salt Lake City, UT look for?

The top searched job categories for Quantitative Risk Analyst jobs in Salt Lake City, UT are:

Infographic showing various Quantitative Risk Analyst job openings in Salt Lake City, UT as of August 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $129,554 per year, or $62.3 per hour.

Risk, Credit Risk (Global Markets), Associate, Salt Lake City

Goldman Sachs, Inc.

Salt Lake City, UT • On-site

Full-time

Re-posted 28 days ago


Goldman Sachs rating

7.8

Company rating: 7.8 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

88th of 174 rated banks


Job description

Divisional Overview:

The Risk Division is a team of specialists charged with managing the firm's credit, market, liquidity, operational and insurance risk. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

Department Overview:

Credit Risk (CR) is responsible for managing the firm's credit exposure to its trading and lending counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparties is managed within the firm's risk appetite. Staffed with more than 270 professionals, CR operates through 12 different offices around the world and credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.

Responsibilities:

  • Assess the financial strength of hedge funds by performing fundamental counterparty analysis. Interpret quantitative and qualitative factors drawn from fund's risk reports, portfolio analysis, and client calls
  • Evaluate derivatives and financing transactions across Global Banking & Markets clients. Review and approve risk in a fast-paced environment while ensuring appropriate mitigants in place to minimize losses in event of counterparty default. Assess risk of transactions through reviews of quantitative models, portfolio analysis, stress testing, and other methods
  • Perform counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits

Basic Qualifications:

  • Excellent academic record
  • 2-5 years of experience in a finance, markets, or risk role
  • Significant knowledge of capital markets, including derivatives and/or repo
  • Demonstrable track record of achievement and independent decision making
  • Excellent attention to detail. Strong analytical and communication skills

Competencies:

  • Functional Expertise and Technical Skills - Knowledge of financial markets and portfolio risk management. Appropriate financial/analytical skills
  • Client and Business Focus - Builds trusting, long-term relationships with clients, helps the client to identify/define needs, and manages client/business expectations
  • Teamwork - Strong team player, works well under pressure, and collaborates with others across teams and business units
  • Communication Skills - Communicates in a clear and concise manner, shares information/new ideas with peer group and team, and escalates as appropriate
  • Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions, and identifies clear objectives. Sees the big picture and effectively analyzes complex issues
  • Creativity and Influence - Looks for new ways to improve current processes and develop creative solutions with practical value
  • Continuous Development - Values constant self-improvement and learning

What Goldman Sachs employees say

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Benefits

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869