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Quantitative Risk Manager Jobs (NOW HIRING)

Our client, a global Asset Management Firm, is seeking a Quantitative Risk Analyst to join its Risk & Quantitative Research team. The RQR team plays a vital role in the Firm's investment process ...

Quantitative Risk Analyst Contract Type: Permanent Time Type: Full time Quantitative Risk Analyst ... the Head of Risk and Senior Management. Aggregate data from various sources and maintain ...

... Risk and Senior Management. • Aggregate data from various sources and maintain disciplined data science practices. Profile • At least 3-10 years' experience in quantitative role in a trading ...

Key Responsibilities: * Assist the Quantitative Risk Manager in constructing a Credit Decision Scorecards and statistically based credit risk modeling strategies based on quantitative modeling ...

Quantitative Risk Analyst

Philadelphia, PA · On-site

$64.49K - $105.95K/yr

Key Responsibilities: * Assist the Quantitative Risk Manager in constructing a Credit Decision Scorecards and statistically based credit risk modeling strategies based on quantitative modeling ...

Quantitative Risk Analyst

Philadelphia, PA · On-site

$64.49K - $105.95K/yr

Key Responsibilities: * Assist the Quantitative Risk Manager in constructing a Credit Decision Scorecards and statistically based credit risk modeling strategies based on quantitative modeling ...

Responsibilities include pricing and risk analytics, representation of instruments in production ... Experience in a bank, asset manager, hedge fund, insurer or pension fund - quantitative skills ...

... management ... Developing and undertaking advanced Quantitative Risk Analysis including Cost, Schedule and ...

... management ... Developing and undertaking advanced Quantitative Risk Analysis including Cost, Schedule and ...

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Quantitative Risk Manager information

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$51.5K

$111.6K

$170K

How much do quantitative risk manager jobs pay per year?

As of May 30, 2026, the average yearly pay for quantitative risk manager in the United States is $111,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,000.00 and $129,000.00 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 abilities, a deep understanding of statistics and financial mathematics, and typically an advanced degree in finance, mathematics, or a related field. Proficiency in programming languages like Python or R, experience with risk modeling software, and certifications such as FRM or CFA are highly valuable. Exceptional problem-solving, communication, and collaboration skills help you convey complex risk metrics to stakeholders and work effectively in cross-functional teams. These skills ensure accurate risk assessments, regulatory compliance, and informed decision-making in dynamic financial environments.

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

Quantitative Risk Managers work closely with teams such as trading, compliance, IT, and senior management to identify, measure, and mitigate financial risks. They often translate complex quantitative models into actionable insights for non-technical stakeholders and facilitate the integration of risk metrics into daily decision-making processes. Collaboration is essential for ensuring that risk assessments align with business objectives and regulatory requirements, often requiring regular cross-functional meetings and clear communication.

What is a Quantitative Risk Manager?

A Quantitative Risk Manager is a professional who uses mathematical models, statistical analysis, and quantitative techniques to identify, measure, and manage financial risks within an organization. They often work in banks, investment firms, or insurance companies to analyze market, credit, and operational risks. Their responsibilities include developing risk models, monitoring risk exposures, and advising senior management on risk mitigation strategies. They play a key role in ensuring that organizations make informed decisions and comply with regulatory requirements.

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

AspectQuantitative Risk ManagerQuantitative Analyst
Primary FocusAssessing and managing risk exposure across financial portfoliosDeveloping models and algorithms for investment strategies
Required CredentialsAdvanced degrees in finance, mathematics, or related fields; certifications like FRM or CFADegrees in finance, mathematics, or statistics; often pursuing CFA or similar
Work EnvironmentFinancial institutions, risk management departmentsInvestment firms, hedge funds, banks
Key SkillsRisk assessment, regulatory knowledge, quantitative modelingData analysis, programming, financial modeling

While both roles involve quantitative skills and financial knowledge, Quantitative Risk Managers focus on identifying and mitigating risks within organizations, whereas Quantitative Analysts primarily develop models to inform investment decisions. Understanding these differences helps professionals choose the right career path or job search focus.

More about Quantitative Risk Manager jobs
What cities are hiring for Quantitative Risk Manager jobs? Cities with the most Quantitative Risk Manager job openings:
What are the most commonly searched types of Quantitative Risk jobs? The most popular types of Quantitative Risk jobs are:
What states have the most Quantitative Risk Manager jobs? States with the most job openings for Quantitative Risk Manager jobs include:
What job categories do people searching Quantitative Risk Manager jobs look for? The top searched job categories for Quantitative Risk Manager jobs are:
Infographic showing various Quantitative Risk Manager job openings in the United States as of May 2026, with employment types broken down into 8% As Needed, 38% Full Time, 38% Part Time, 4% Temporary, and 12% Contract. Highlights an 13% Physical, 13% Hybrid, and 74% Remote job distribution, with an average salary of $111,556 per year, or $53.6 per hour.

Quantitative Risk Manager

Two Sigma Investments, LP

New York, NY • On-site

$175K - $225K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 7 hours ago


Job description

Quantitative Risk Manager
Location
NY New York
United States
Business
Investment Management
Function
Strategy and Operations
Experience Level
Experienced
Share this job
Position Summary
Two Sigma is a leading quantitative investment management and trading firm. The company applies a scientific approach to investing, combining cutting-edge technology, artificial intelligence, data science, and quantitative research with rigorous human inquiry to capitalize on market opportunities and deliver alpha for investors.
Our team of engineers, quantitative researchers and data scientists looks beyond the traditional to test hypotheses and develop creative solutions to some of the world's most complex economic problems.
The Risk Management team (Risk) independently oversees the firm's risk exposures across model, market, execution, operational, and regulatory dimensions. We seek to: identify and estimate risks, eliminate undesirable exposures, and ensure the firm can take calculated positions within its mandates.
We're looking for a quantitative risk professional to develop automated analytics and oversight tools for the team. You'll support existing risk processes while independently proposing, developing, and delivering new projects. The work combines quantitative data analysis, financial instrument expertise, and large-scale distributed computing with a strong emphasis on automation. You'll collaborate across the organization with modelers, portfolio managers, engineers, and senior leadership, and will have daily opportunities to create impact by surfacing insights related to our systematic trading strategies.
You will take on the following responsibilities:
  • Analyze portfolio performance and risk exposure. Monitor market conditions and estimate their impact on our positions. Prepare and present reports on risk drivers and performance.
  • Monitor trading behavior and proactively identify issues that may present risks to Two Sigma's investors. Analyze data to identify trends, correlations, root causes and impact of various production events.
  • Develop deep knowledge of our systematic modeling and trading platforms and the global markets they operate in. Build new metrics, tools, and dashboards; improve risk processes through automation.
  • Document, perform, and improve operational processes, with an eye towards automation.
  • Improve our businesses by proactively analyzing data and by collaborating regularly on initiatives with partners including modelers, portfolio managers, traders, and investor-facing teams.

You should possess the following qualifications:
  • BA/BS or higher in computer science, applied mathematics, financial engineering, or a related technical field, with 3-7 years of experience.
  • Strong programming skills (Python, Java, or equivalent), proficiency in UNIX/Linux, shell scripting, and data analysis tools.
  • Experience delivering small-to-medium quantitative projects with multiple collaborators, including reporting and process design. Example projects may include analyzing portfolio performance during historic tail events. They may also include stress testing a future hypothetical market scenario. Additionally, a report categorizing the root causes of several operational incidents might be prepared.
  • Clear communicator who can convey complex ideas to diverse audiences.
  • Independent thinker comfortable with context switching, ambiguity, and managing open project scopes and open questions; willing to question assumptions.
  • Meticulous attention to detail and intellectual curiosity.
  • Interest in learning deeper knowledge of risk management including various aspects of financial risk, risk related to automated trading strategies, technology risk, and legal & regulatory risk.
  • Prior trading, risk management, or complex financial instruments experience is a plus.

You will enjoy the following benefits:
  • Core Benefits: Fully paid medical and dental insurance premiums for employees and dependents, competitive 401k match, employer-paid life & disability insurance
  • Perks: Onsite gyms with laundry service, wellness activities, casual dress, snacks, game rooms
  • Learning: Tuition reimbursement, conference and training sponsorship
  • Time Off: Generous vacation and unlimited sick days, competitive paid caregiver leaves
  • Hybrid Work Policy: Flexible in-office days with budget for home office setup

The base pay for this role will be between $175,000 and $225,000. This role may also be eligible for other forms of compensation and benefits, such as a discretionary bonus, health, dental and other wellness plans and 401(k) contributions. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.
We are proud to be an equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.
Two Sigma is committed to providing reasonable accommodations to qualified individuals in accordance with applicable federal, state, and local laws.
If you believe you need an accommodation, please visit our website for additional information.