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Quantitative Risk Manager Jobs in Minnesota (NOW HIRING)

Cybersecurity Risk Manager

Minnetonka, MN · On-site +1

$70K - $140K/yr

... with quantitative/qualitative risk assessments * 4+ years of experience working at a Category 3 or higher financial institution * CISSP, GIAC, CISM, or other cybersecurity/risk management ...

Cybersecurity Risk Manager

Minnetonka, MN · On-site +1

$70K - $140K/yr

... with quantitative/qualitative risk assessments * 4+ years of experience working at a Category 3 or higher financial institution * CISSP, GIAC, CISM, or other cybersecurity/risk management ...

New

Project Manager IV

Duluth, MN · On-site

$60 - $65/hr

Establish and manage risk management plans. Facilitate qualitative and quantitative risk assessments and ensure timely update to the risk register. Provide technical expertise to stakeholders in ...

Establish and manage risk management plans. Facilitate qualitative and quantitative risk assessments and ensure timely update to the risk register. Provide technical expertise to stakeholders in ...

Our team is seeking a strong, decisive, results-oriented quantitative analyst who will be ... risk management approaches - Advanced understanding of applicable regulatory rules, guidance, or ...

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Showing results 1-20

Quantitative Risk Manager information

See Minnesota salary details

$50.4K

$109.3K

$166.5K

How much do quantitative risk manager jobs pay per year?

As of Jul 9, 2026, the average yearly pay for quantitative risk manager in Minnesota is $109,259.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,100.00 and $126,300.00 per year, depending on experience, location, and employer.

What can I do with a quantitative risk management degree?

A degree in quantitative risk management prepares individuals for roles such as risk analyst, risk manager, or quantitative analyst in finance, insurance, or consulting firms. These roles involve assessing and modeling financial risks using statistical tools, programming languages like Python or R, and risk management frameworks. Professionals in this field often work with regulatory compliance and may pursue certifications like FRM or PRM.

What is the salary of a quant risk manager?

A quantitative risk manager's salary typically ranges from $100,000 to $200,000 annually, with higher compensation often associated with experience, advanced degrees, and certifications such as FRM or CFA. In addition to base salary, bonuses and performance incentives can significantly increase total compensation in this role.

What does a quantitative risk manager do?

A quantitative risk manager analyzes financial data and models to identify, measure, and manage risks within an organization. They use statistical techniques, programming skills, and risk management tools to develop strategies that minimize potential losses and ensure regulatory compliance.

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.

How much do quant risk managers make?

Quantitative risk managers typically earn between $100,000 and $200,000 annually, with senior roles and those in major financial centers earning higher salaries. Compensation often includes bonuses and benefits, and strong skills in mathematics, programming, and risk modeling are essential for higher-paying positions.

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 popular job titles related to Quantitative Risk Manager jobs in Minnesota? For Quantitative Risk Manager jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Manager jobs in Minnesota look for? The top searched job categories for Quantitative Risk Manager jobs in Minnesota are:

Cybersecurity Risk Manager

Huntington

Minnetonka, MN • On-site, Remote

$70K - $140K/yr

Full-time

Medical, Life, Retirement, PTO

Re-posted 6 days ago


Job description

Description

Summary:

As a 1LTR - Cybersecurity team member, you will apply your cybersecurity expertise, knowledge of regulatory requirements, and industry best practices to identify and guide maturity opportunities to support our Cybersecurity function. This is a key role in helping ensure our Cybersecurity team is informed of risks within their domain so that standard and control objectives are met within our risk appetite. The ideal candidate will be able to excel within an evolving technical cybersecurity and risk landscape, function independently, all while developing influential relationships to support their customers.

Duties & Responsibilities:

  • Support the identification and quantification/qualification of risks within cybersecurity operations, data loss prevention, and encryption for the Cybersecurity segment

  • Manage the governance of issues through their lifecycle, from ideation to validation and subsequent closure

  • Execute risk assessments against defined scopes and planned initiatives in alignment with our enterprise risk management frameworks

  • Support and execute various processes such as Risk and Control Self-Assessment (RCSA), Exception Management, and assigned business governance groups

  • Provide advisory and guidance on control design, cybersecurity standards/policies, metrics, and processes to help meet regulatory or maturity requirements

  • Support executive reporting on the health and status of our risk, issues, and control portfolio

  • Act as a trusted advisor to your customer, helping work through ambiguity and providing a risk perspective to new challenges or opportunities

  • Deliver timely escalation of all issues requiring attention to senior management.

  • Performs other duties as assigned.

Basic Qualifications:

  • Bachelor's degree in cybersecurity, risk management, or similar field
  • Minimum of 5 years of experience in Audit, Compliance, Risk Management or Operational Risk.
  • In lieu of a Bachelor's degree 4 additional years of segment-specific or risk related experience may be considered

Preferred Qualifications:

  • 7+ years of combined technology experience in risk management, technology, cybersecurity, or related discipline within financial services industry

  • 3+ years' experience in cybersecurity with a focus on security operations, data loss prevention, and encryption

  • 3+ years' experience in risk management, preferably within the 1st line function

  • 2+ years' experience in one or more cloud platforms AWS, Azure, GCP

  • 2+ years' experience with threat modeling

  • 2 + years' experience with cybersecurity related policy, procedures, or standards governance

  • 2 + years' experience with quantitative/qualitative risk assessments

  • 4+ years of experience working at a Category 3 or higher financial institution

  • CISSP, GIAC, CISM, or other cybersecurity/risk management certifications

  • Excellent communication skills required to negotiate internally, often at a senior level.


Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

$70,000 - $140,000 Annual Salary

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.