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Quantitative Risk Manager Jobs in Massachusetts (NOW HIRING)

Quantitative Risk

Boston, MA · On-site

$104K - $180K/yr

The role has significant impact on the BAU risk management as well as the regulatory CCAR ... quantitative analysis, and implementation process; design and implement suitable and effective ...

Conduct quantitative cost and schedule risk analysis. (QCRA / QSRA) * Prepare project and/or program risk reports as required. * Provides regular briefing to project managers / clients on risks ...

Conduct quantitative cost and schedule risk analysis. (QCRA / QSRA) * Prepare project and/or program risk reports as required. * Provides regular briefing to project managers / clients on risks ...

Delivering quantitative risk analysis, contingency reviews, and clear monthly reporting to support informed decisionmaking. * Ensuring effective mitigation planning, integrating risk with PMO and ...

Excellent analytical capabilities and ability to understand quantitative models Good general understanding of investment management and financial risk management Capable of taking initiative on ...

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Quantitative Risk Manager information

See Massachusetts salary details

$56.2K

$121.8K

$185.7K

How much do quantitative risk manager jobs pay per year?

As of Jun 30, 2026, the average yearly pay for quantitative risk manager in Massachusetts is $121,833.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,300.00 and $140,900.00 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 the most commonly searched types of Quantitative Risk jobs in Massachusetts? The most popular types of Quantitative Risk jobs in Massachusetts are:
What are popular job titles related to Quantitative Risk Manager jobs in Massachusetts? For Quantitative Risk Manager jobs in Massachusetts, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Manager jobs in Massachusetts look for? The top searched job categories for Quantitative Risk Manager jobs in Massachusetts are:
What cities in Massachusetts are hiring for Quantitative Risk Manager jobs? Cities in Massachusetts with the most Quantitative Risk Manager job openings:
Infographic showing various Quantitative Risk Manager job openings in Massachusetts as of June 2026, with employment types broken down into 100% Full Time. Highlights an 86% In-person, and 14% Remote job distribution, with an average salary of $121,833 per year, or $58.6 per hour.