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Quantitative Risk Manager Jobs in Maryland (NOW HIRING)

The Risk Manager conducts complex quantitative analyses, evaluates risk exposure, supports contingency planning, and advises program teams on risk reduction strategies. This position is ideal for a ...

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The Risk Manager conducts complex quantitative analyses, evaluates risk exposure, supports contingency planning, and advises program teams on risk reduction strategies. This position is ideal for a ...

New

Perform quantitative analyses in response to requests from investment management, portfolio managers, and risk team members. * Collaborate with Investment Risk team members to ensure methodologies ...

Perform ad-hoc data and quantitative analyses in response to requests from fixed income portfolio managers and risk team members. * Collaborate with team members and the Fixed Income quant team, as ...

Build risk register management capabilities: creation, tracking, scoring, mitigation planning, and ... History of professional software engineering experience with quantitative analysis or risk modeling ...

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Quantitative Risk Manager information

See Maryland salary details

$50K

$108.3K

$165K

How much do quantitative risk manager jobs pay per year?

As of Jun 17, 2026, the average yearly pay for quantitative risk manager in Maryland is $108,270.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,300.00 and $125,200.00 per year, depending on experience, location, and employer.

Is quantitative risk management in demand?

Quantitative risk management is in high demand across financial services, insurance, and investment firms due to increasing regulatory requirements and the need for sophisticated risk assessment tools. Professionals in this field with skills in data analysis, statistical modeling, and programming are sought after, especially those with certifications like FRM or CFA. The role often involves using software such as Python, R, or MATLAB to develop risk models and monitor financial exposures.

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 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.

What is the salary of quant Risk Manager?

The salary of a Quantitative Risk Manager typically ranges from $100,000 to $200,000 annually, depending on experience, location, and the size of the organization. Senior roles or those in major financial hubs can earn higher compensation, often including bonuses and performance incentives.

How much do quant risk managers make?

Quantitative risk managers typically earn a median salary ranging from $100,000 to $150,000 annually, with experienced professionals in major financial centers earning over $200,000. Compensation often includes bonuses and depends on factors such as experience, education, certifications, and the complexity of the risk models managed.

What is a quantitative Risk Manager?

A quantitative risk manager is a professional who uses mathematical models, statistical analysis, and programming skills to identify, assess, and mitigate financial risks within an organization. They often work with tools like Excel, R, or Python and require strong knowledge of finance, mathematics, and risk management frameworks. Their goal is to help firms make data-driven decisions to minimize potential losses and ensure regulatory compliance.

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.

What are popular job titles related to Quantitative Risk Manager jobs in Maryland? For Quantitative Risk Manager jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Manager jobs in Maryland look for? The top searched job categories for Quantitative Risk Manager jobs in Maryland are:
What cities in Maryland are hiring for Quantitative Risk Manager jobs? Cities in Maryland with the most Quantitative Risk Manager job openings:
Infographic showing various Quantitative Risk Manager job openings in Maryland as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $108,270 per year, or $52.1 per hour.
Risk Manager

Risk Manager

CGI Inc.

Aberdeen, MD • On-site

Full-time

Retirement, PTO

Posted yesterday


CGI rating

7.2

Company rating: 7.2 out of 10

Based on 18 frontline employees who took The Breakroom Quiz

112th of 204 rated it services


Job description

Risk Manager
Category: Business Analysis (functional and technical)
Main location: United States, Maryland, Aberdeen
Position ID:J0626-1280
Employment Type: Full Time
Position Description:
CGI Federal is seeking a Risk Manager to lead the identification, assessment, modeling, and mitigation of risks impacting a Next Generation Command and Control (NGC2) program for the US Army. This role ensures program leadership has a clear understanding of technical, cost, schedule, operational, and compliance risks while maintaining the integrity of risk management systems and data. The Risk Manager conducts complex quantitative analyses, evaluates risk exposure, supports contingency planning, and advises program teams on risk reduction strategies. This position is ideal for a highly analytical professional who excels at transforming complex data into actionable insights that support strategic decision making in a Defense environment.
This position is located in Aberdeen, MD.
Your future duties and responsibilities:
Risk Modeling & Analytics
. Devise systems and processes to monitor accuracy and validity of risk modeling outputs
. Conduct statistical and econometric analyses to quantify risk and predict potential impacts
. Maintain input quality and data integrity within risk management systems
Risk Assessment & Evaluation
. Evaluate risks and benefits associated with program strategies, technical solutions, or operational decisions
. Analyze potential impacts of new legislation, policies, or regulatory changes on risk exposure
. Identify critical risks and document them clearly for leadership and stakeholders
Risk Mitigation & Strategy Development
. Recommend ways to reduce, control, or mitigate risk across technical and program domains
. Support development of risk mitigation plans, corrective actions, and contingency strategies
. Assist in planning and improvement of risk management tools, processes, and systems
Communication & Reporting
. Ensure consistent communication of key risks to program leadership and stakeholders
. Produce clear reports, dashboards, and presentations that summarize risk positions and proposed mitigations
. Brief government and client personnel across multiple program levels
Cross Functional Collaboration
. Provide statistical or modeling guidance to engineering, logistics, quality, and program management teams
. Liaise with internal departments to ensure risk considerations are integrated into planning
. Participate in IPTs, program reviews, and readiness assessments
Contingency Planning & Emergency Preparedness
. Develop contingency plans for emergency scenarios and high impact risk events
. Support scenario modeling, risk simulations, and what if analyses
. Ensure emergency strategies align with program requirements and DoD standards
Required qualifications to be successful in this role:
Education
. MA/MS/MBA from an accredited college or university in Operations Management, Risk Management, Program Management, Engineering, or related field
. Certified Logistics Professional certification required
. Substitutions allowed:
- Seven additional years of relevant experience may substitute for the degree requirement, OR
- BA/BS plus five additional years of experience
Experience
. 7+ years of experience as a Risk Manager in a DoD environment
. Experience with quantitative risk modeling, statistical analysis, and econometric tools
. Experience developing risk mitigation strategies and preparing risk communication products
Technical Skills
. Proficiency with risk modeling tools, statistical analysis software, or econometric modeling
. Strong understanding of risk categories (technical, schedule, cost, performance, compliance)
. Knowledge of Defense risk management standards, policies, and reporting requirements
. Ability to evaluate risk data, identify trends, and recommend actionable mitigation steps
Abilities & Work Style
. Strong analytical reasoning and decision support skills
. Ability to communicate complex risks in clear, concise terms
. Ability to work independently and collaboratively across specialized technical teams
Desired qualifications/non essential skills required:
Advanced Risk & Analytics Skills
. Experience with predictive analytics, Monte Carlo simulations, or advanced modeling tools
. Familiarity with DoD acquisition and program management frameworks (e.g., DoDI 5000 series)
Tools & Systems Knowledge
. Experience with risk databases, planning systems, or enterprise project management tools
. Working knowledge of data visualization platforms (Power BI, Tableau)
Certifications
. PMI RMP (Risk Management Professional)
. DAWIA Program Management or Systems Engineering certifications
. ASQ certifications related to quality or process improvement
Additional Skills
. Ability to develop white papers, strategic assessments, and senior level briefings
. Experience in change management or enterprise risk integration
. Strong organizational skills to manage multiple risk threads simultaneously
CGI is required by law in some jurisdictions to include a reasonable estimate of the compensation range for this role. The determination of this range includes various factors not limited to skill set, level, experience, relevant training, and licensure and certifications. To support the ability to reward for merit based performance, CGI typically does not hire individuals at or near the top of the range for their role. Compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range for this role in the U.S. is $70,800.00 $176,300.00.
CGI Federal's benefits are offered to eligible professionals on their first day of employment to include:
. Competitive compensation
. Comprehensive insurance options
. Matching contributions through the 401(k) plan and the share purchase plan
. Paid time off for vacation, holidays, and sick time
. Paid parental leave
. Learning opportunities and tuition assistance
. Wellness and Well being programs
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Skills:
  • Defense
  • Delivery management
  • Manufacturing
  • Military
  • Risk management

What you can expect from us:
Together, as owners, let's turn meaningful insights into action.
Life at CGI is rooted in ownership, teamwork, respect and belonging. Here, you'll reach your full potential because...
You are invited to be an owner from day 1 as we work together to bring our Dream to life. That's why we call ourselves CGI Partners rather than employees. We benefit from our collective success and actively shape our company's strategy and direction.
Your work creates value. You'll develop innovative solutions and build relationships with teammates and clients while accessing global capabilities to scale your ideas, embrace new opportunities, and benefit from expansive industry and technology expertise.
You'll shape your career by joining a company built to grow and last. You'll be supported by leaders who care about your health and well-being and provide you with opportunities to deepen your skills and broaden your horizons.
Come join our team-one of the largest IT and business consulting services firms in the world.
Qualified applicants will receive consideration for employment without regard to their race, ethnicity, ancestry, color, sex, religion, creed, age, national origin, citizenship status, disability, pregnancy, medical condition, military and veteran status, marital status, sexual orientation or perceived sexual orientation, gender, gender identity, and gender expression, familial status or responsibilities, reproductive health decisions, political affiliation, genetic information, height, weight, or any other legally protected status or characteristics to the extent required by applicable federal, state, and/or local laws where we do business.
CGI provides reasonable accommodations to qualified individuals with disabilities. If you need an accommodation to apply for a job in the U.S., please email the CGI U.S. Employment Compliance mailbox at US_Employment_Compliance@cgi.com. You will need to reference the Position ID of the position in which you are interested. Your message will be routed to the appropriate recruiter who will assist you. Please note, this email address is only to be used for those individuals who need an accommodation to apply for a job. Emails for any other reason or those that do not include a Position ID will not be returned.
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All CGI offers of employment in the U.S. are contingent upon the ability to successfully complete a background investigation. Background investigation components can vary dependent upon specific assignment and/or level of US government security clearance held. Dependent upon role and/or federal government security clearance requirements, and in accordance with applicable laws, some background investigations may include a credit check. CGI will consider for employment qualified applicants with arrests and conviction records in accordance with all local regulations and ordinances.
CGI will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with CGI's legal duty to furnish information.

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