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Quantitative Risk Analyst Jobs (NOW HIRING)

Design and improve analytical frameworks for VaR, Expected Shortfall, stress testing, backtesting ... Strengthen the quantitative underpinnings of the firm's market risk framework, including model ...

Design and improve analytical frameworks for VaR, Expected Shortfall, stress testing, backtesting ... Strengthen the quantitative underpinnings of the firm's market risk framework, including model ...

Quantitative Risk Associate Director

Jersey City, NJ · On-site

  • Medical

  • Life

  • Retirement

  • PTO

QRM also carries out quantitative analysis and other analytical support to firms' risk management and other business needs. Quantitative Risk Management (QRM) is responsible for the development and ...

Quantitative Risk

Boston, MA · Hybrid

$104K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Quantitative Risk (State Street Bank And Trust Company; Boston, Massachusetts ... This role will be part of the CMAO team focused on delivering modeling and analytics solutions to ...

Quantitative Risk

Boston, MA · On-site

$104K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Quantitative Risk (State Street Bank And Trust Company; Boston, Massachusetts ... This role will be part of the CMAO team focused on delivering modeling and analytics solutions to ...

This role is responsible for building risk frameworks, conducting quantitative analysis, monitoring exposures, validating controls, and delivering actionable insights to leadership. The ideal ...

Quantitative Risk Modeling Analyst II

San Antonio, TX · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

If so, being a Quantitative Risk Modeling Analyst II with Frost could be for you. At Frost, it's about more than a job. It's about having a flourishing career where you can thrive, both in and out of ...

Quantitative Risk, AVP

Boston, MA

$90K - $157K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

BACKGROUND The Centralized Modeling & Analytics and Operations(CMAO) team within State Street's Enterprise Risk Management (ERM) organization is looking for an experienced quantitative analyst to ...

Quant Risk Analyst

New York, NY · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Build quantitative risk models for perpetuals and commodity derivatives, covering margin requirements, position limits, and tail risk across normal and stressed market conditions. * Design and ...

Quantitative Risk, AVP

Clifton, NJ

$90K - $157K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

BACKGROUND The Centralized Modeling & Analytics and Operations(CMAO) team within State Street's Enterprise Risk Management (ERM) organization is looking for an experienced quantitative analyst to ...

Showing results 21-40

Quantitative Risk Analyst information

See salary details

$56.5K

$133.9K

$240K

How much do quantitative risk analyst jobs pay per year?

As of Aug 18, 2026, the average yearly pay for quantitative risk analyst in the United States is $133,877.00, according to ZipRecruiter salary data. Most workers in this role earn between $111,500.00 and $145,500.00 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.

More about Quantitative Risk Analyst jobs

What cities are hiring for Quantitative Risk Analyst jobs?

Cities with the most Quantitative Risk Analyst job openings:

What are the most commonly searched types of Quantitative Risk Analyst jobs?

The most popular types of Quantitative Risk Analyst jobs are:

Who are the top companies hiring for Quantitative Risk Analyst jobs?

The top employers for Quantitative Risk Analyst jobs are:

What states have the most Quantitative Risk Analyst jobs?

States with the most job openings for Quantitative Risk Analyst jobs include:

What job categories do people searching Quantitative Risk Analyst jobs look for?

The top searched job categories for Quantitative Risk Analyst jobs are:

Infographic showing various Quantitative Risk Analyst job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $133,877 per year, or $64.4 per hour.

Indirect Lending Quantitative Risk Analyst Lead

M&T Bank

Buffalo, NY

$103K - $171K/yr

Full-time

Posted 26 days ago


M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

80th of 171 rated banks


Job description

Overview:

Perform advanced data and credit risk analysis to identify and quantify risks in M&T's $19B Indirect lending portfolios. Support unit (dept.) in data analysis, portfolio deep dives, and loss estimation activities. Provide oversight and credit risk expertise during effective challenge efforts.

Primary Responsibilities:
  • Lead Retail Quantitative Analysts in performing portfolio deep dives, asset quality monitoring, and interpreting data with a risk management focus with an understanding of business strategy.
  • Mentor and supervise the work of junior team members and assist in the development of their analytics acumen in areas such as segmentation analysis, logistic regression, decision trees and data visualization.
  • Demonstrated working knowledge of Credit Risk databases to provide data and analytical support to Senior Management.
  • Perform data manipulation and analysis using SQL, SAS and Microsoft Excel and present results and recommendations to Credit Risk Management.
  • Track portfolio performance and risk strategy results. Incorporate observations and data in to existing models to improve predictive results.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
Education and Experience Required:

Bachelor degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline,
OR in lieu of degree,
A combined minimum of 9 years higher education and/or work experience to include a minimum of 5 years relevant experience.
-OR-
Master's degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline, with minimum of 3 years relevant experience,
OR in lieu of degree,
A combined minimum of 9 years higher education and/or work experience to include a minimum of 3 years relevant experience
Minimum of 5 years relevant experience
Banking or Financial Services experience.
Experience with SAS, SAS Enterprise Miner and other Statistical Software Packages.
Advanced Knowledge of SQL and Microsoft Office.
Ability to utilize analytics in a collaborative manner across business functions and product lines to derive optimum solutions.
Demonstrated ability to communicate complex concepts.
Demonstrated ability to manipulate and analyze data across large databases.

Education and Experience Preferred:

Credit Analysis experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $103,000.00 - $171,600.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBuffalo, New York, United States of America

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