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Quantitative Risk Manager Jobs in Massachusetts (NOW HIRING)

AM Quantitative Analyst I

Boston, MA ยท On-site

$135K - $175K/yr

Implements quantitatively based equity alpha generation, portfolio construction, and risk management analytics. * Procures data and creates quantitative factors and models to facilitate the research ...

Quantitative Analyst

Boston, MA ยท On-site

$100K - $200K/yr

... managed by SAI. The team's work includes risk modeling, portfolio construction analysis, the ... The Role The Quantitative Taxable team within Quantitative Research group is responsible for ...

Showing results 41-60

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 Aug 14, 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.

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 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.

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 August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 11% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $121,833 per year, or $58.6 per hour.

Quantitative Analyst (Putnam)

Franklintempleton

Boston, MA โ€ข On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 7 days ago


Job description

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.


From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients' success.


What is the Quantitative Research Team responsible for?

The Quantitative Research Team is seeking an experienced Quantitative Analyst who will focus on enhancing the investment process through data driven insights, portfolio analytics, and tool development. Working alongside portfolio managers and research analysts, the successful candidate will combine superior technical and problem-solving skills with a deep understanding of the securities industry to support idea generation, portfolio construction and risk management processes. The Quantitative Analyst will contribute to external thought leadership by conducting quantitative research that supports client communications, marketing materials, and white papers.

The ideal candidate is a proactive, detail-oriented communicator with strong organizational and analytical skills and a track record of delivering projects end-to-end. You bring advanced programming capabilities and database management expertise, and you're comfortable partnering across teams to turn complex data into actionable insights.

What is the Quantitative Analyst responsible for?

  • Develops and maintains quantitative tools to support fundamental stock selection and portfolio construction
  • Supports portfolio construction decisions through optimization, scenario analysis, and risk-aware frameworks
  • Builds and enhances stock selection models, screening tools, and a factor library to complement fundamental research
  • Analyze alternative and traditional datasets to identify insights relevant to company fundamentals and market behavior
  • Applies natural language processing and machine learning techniques to extract insights from structured and unstructured data to enhance fundamental insights, quantitative signals, and evaluate portfolio positioning.
  • Designs and implements back testing frameworks for portfolio strategies and alpha signals
  • Contributes to product development and new fund launches
  • Works closely with technology teams to operationalize tools and enhance data infrastructure.
  • Conducts quantitative research to support client engagement, including marketing materials, presentations, and white papers.
  • Translates analytical results into clear, compelling narratives for both internal stakeholders and external audiences

What ideal qualifications, skills & experience would help someone to be successful?

  • BS or MS in finance, mathematics, statistics, computing science or similar quantitative field
  • Minimum of 5 years of relevant experience in a quantitative role within asset management
  • Experience supporting fundamental equity teams or working in a hybrid quant/fundamental environment
  • Knowledge of equity factor models and their practical application in portfolios
  • Ability to analyze large datasets and translate outputs into actionable ideas
  • Strong written and verbal communication skills, with the ability to translate quantitative insights into compelling narratives
  • Proficiency in SQL, R and Python strongly preferred
  • Experience applying natural language processing and machine learning methods to investment research
  • In depth knowledge of risk management and optimization techniques
  • Team player; willingness to work hard and contribute to achievement of team goals

Franklin Templeton offers employees a competitive and valuable range of total rewards-monetary and non-monetary - designed to supporttheir well-being and recognize their time, talents, and results.Along with base compensation, employees are eligible for an annual discretionary bonus, a401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options,insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement forcertain educationexpenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the base salary for this position to range between $150,000 - $200,000, depending on level of relevant experience, plus discretionary bonus.


At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That's why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.


Highlights of our benefits include:

- Paid Time Off: Three weeks of PTO in your first year

- Health Coverage: Competitive medical, dental, and vision insurance to support your well-being

- Retirement Savings: 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits

- Equity & Investing: Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities

- Learning Education Assistance Program (LEAP): To support your ongoing growth and career advancement

- Employee Investment Benefits: Opportunity to purchase company funds with no sales charge


Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.