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Quantitative Risk Management Jobs in Texas (NOW HIRING)

Experience in quantitative finance, risk management, or related fields. * Proven track record in developing and implementing risk models and methodologies. * Familiarity with advanced statistical ...

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Quantitative Risk Management information

See Texas salary details

$48K

$103.9K

$158.4K

How much do quantitative risk management jobs pay per year?

As of May 30, 2026, the average yearly pay for quantitative risk management in Texas is $103,932.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,800.00 and $120,200.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Quantitative Risk Manager, and why are they important?

To thrive as a Quantitative Risk Manager, you need strong analytical skills, expertise in statistics or mathematics, and typically a degree in finance, economics, or a quantitative discipline. Familiarity with risk modeling software, programming languages like Python or R, and industry certifications such as FRM or CFA is often required. Outstanding problem-solving abilities, attention to detail, and effective communication set top professionals apart in this role. These skills are crucial for accurately assessing financial risks, making informed decisions, and communicating complex findings to stakeholders.

How does a Quantitative Risk Management professional typically collaborate with other departments within a financial institution?

Quantitative Risk Management professionals frequently work closely with departments such as trading, finance, and compliance. They provide analytical support by developing risk models and stress-testing scenarios, ensuring that trading strategies and investment decisions align with the institution's risk appetite. Regular communication with IT teams is also common, as these professionals often need to implement or improve risk measurement tools and data systems. This cross-functional collaboration is essential for maintaining a robust risk management framework and responding effectively to emerging risks.

What is quantitative risk management?

Quantitative risk management is the process of using mathematical models, statistical techniques, and data analysis to identify, measure, and manage financial risks within an organization. Professionals in this field apply quantitative methods to assess potential losses from market movements, credit events, or operational failures, and help organizations make informed decisions to mitigate these risks. This approach is widely used in banking, insurance, asset management, and other financial sectors to ensure regulatory compliance and optimize risk-adjusted returns.

What is the difference between Quantitative Risk Management vs Quantitative Analyst?

AspectQuantitative Risk ManagementQuantitative Analyst
Primary FocusAssessing and managing financial risksDeveloping models for investment strategies
CertificationsFRM, PRMCFA, CQF
Work EnvironmentFinancial institutions, risk departmentsInvestment banks, asset management firms
Key SkillsRisk modeling, regulatory knowledgeStatistical analysis, programming

Quantitative Risk Management focuses on identifying and mitigating financial risks within organizations, often requiring risk-specific certifications like FRM. In contrast, Quantitative Analysts develop models to support trading and investment decisions, emphasizing statistical and programming skills. Both roles are vital in finance but serve different strategic purposes.

What are popular job titles related to Quantitative Risk Management jobs in Texas? For Quantitative Risk Management jobs in Texas, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Management jobs in Texas look for? The top searched job categories for Quantitative Risk Management jobs in Texas are:
Infographic showing various Quantitative Risk Management job openings in Texas as of May 2026, with employment types broken down into 100% Full Time. Highlights an 71% In-person, and 29% Remote job distribution, with an average salary of $103,932 per year, or $50 per hour.
Commodities Quantitative Analyst (AVP)

Commodities Quantitative Analyst (AVP)

Citigroup, Inc.

Houston, TX โ€ข On-site

$60.80K - $263.76K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Job description

Citi's Markets business is a leading global financial institution, offering a wide range of financial products and services to corporations, governments, and institutional investors. Within this dynamic environment, the Markets Quantitative Analytics (MQA) team plays a critical role, providing advanced analytical and modeling capabilities. The MQA team develops and supports the sophisticated models and analytics necessary for the business, working in close coordination with trading desks, various functions, IT partners, and control functions. The team leverages diverse modeling and pricing techniques to analyze the complex dynamics prevalent in commodities markets, continuously developing cutting-edge solutions to facilitate business growth and adaptation in evolving market conditions.
We are seeking a highly motivated Quantitative Analyst to join our front office Commodities Quant team in Houston. This role offers an exciting opportunity to contribute directly to the development of advanced quantitative models and analytics that drive our trading strategies and risk management frameworks. As an AVP, you will be instrumental in solving complex financial problems using sophisticated mathematical and computational methods, working alongside seasoned professionals in a fast-paced and intellectually stimulating environment. This position is ideal for an individual who thrives on technical challenges and wants to make a tangible impact on a global scale within a top-tier investment bank.
Primary Responsibilities of the Role
  • Develop and enhance analytics libraries crucial for pricing and effective risk management of commodity derivatives.
  • Design, implement, and rigorously test quantitative models for the trading business, utilizing a diverse set of mathematical and computer science techniques, including advanced calculus, C++, Python, JavaScript/React development, mathematical finance, and statistical methodologies.
  • Collaborate closely with Traders, Sales, and Structurers to understand business requirements and deliver tailored quantitative solutions that directly support trading and client needs.
  • Work proactively with control functions such as Model Risk Management, Legal, Compliance, Market and Credit Risk, and Audit to ensure robust governance and control infrastructure around model development and usage.
  • Drive responsible financial practices, foster good governance, and uphold ethical standards in all business decisions, demonstrating a keen awareness of the firm's reputation.
  • Adhere strictly to all internal policies and procedures relevant to the role, ensuring full compliance with regulatory requirements.

What We Need From You
  • Experience in a quantitative modeling or analytics role, with a preference for experience within the financial sector.
  • Solid understanding of commodities markets is highly desirable, but not a mandatory pre-requisite if strong foundational quantitative skills are demonstrated.
  • Expertise in programming, particularly C++ and Python, with proven experience in developing robust quantitative libraries and applications.
  • Strong theoretical and practical background in market data, statistics, and probability, including the application of probability theory to assess risks in complex financial instruments.
  • Demonstrated ability to solve analytical equations and design numerical schemes for analyzing intricate financial contracts.
  • Proficiency in software design principles and best practices for developing high-quality, maintainable code.
  • Exceptional clear and concise written and verbal communication skills, with the ability to articulate complex technical concepts to diverse audiences.
  • An advanced degree (Master's or PhD) in a quantitative field such as Financial Engineering, Mathematics, Physics, Computer Science, or a related discipline is required.

What Citi Can Offer You
Joining Citi means becoming part of a global enterprise that values talent, innovation, and diversity. In Houston, you will find a collaborative and supportive work environment that encourages professional growth and career development. Citi is committed to providing competitive compensation packages, comprehensive benefits, and opportunities for continuous learning. We believe in empowering our employees to thrive and contribute their best, fostering an inclusive culture where every individual can make a significant impact. We offer a platform where your expertise can shape the future of financial markets, supported by a strong commitment to your personal and professional well-being.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Job Family Group:
Institutional Trading
Job Family:
Quantitative Analysis
Time Type:
Primary Location:
Houston Texas United States
Primary Location Full Time Salary Range:
$60,800.00 - $263,760.00
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:
May 31, 2026
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.