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Quantitative Risk Manager Jobs in Minnesota (NOW HIRING)

$15.75 - $21.25/hr

... Quant Analytics, Economics, Finance, Risk Management, Technology (including Cyber and Software Development) and more. Join us to hear directly from our University Talent Advisors about: -Who we are ...

$15.75 - $21.25/hr

... Quant Analytics, Economics, Finance, Risk Management, Technology (including Cyber and Software Development) and more. Join us to hear directly from our University Talent Advisors about: -Who we are ...

Showing results 41-60

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 Aug 23, 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 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.

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 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:

What cities in Minnesota are hiring for Quantitative Risk Manager jobs?

Cities in Minnesota with the most Quantitative Risk Manager job openings:

Infographic showing various Quantitative Risk Manager job openings in Minnesota as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 2% Contract, and 1% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $109,259 per year, or $52.5 per hour.

Manager Capital Markets Financial Analysis

Ameriprise Financial

Minneapolis, MN

$84K - $147K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 6 days ago


Ameriprise rating

7.7

Company rating: 7.7 out of 10

Based on 130 frontline employees who took The Breakroom Quiz

108th of 151 rated financial services


Job description

About Our Company


We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Ameriprise Financial is looking to add a Manager Capital Markets Financial Analysis to the team! The individual in this role will influence business decision-making by ensuring accurate business drivers are considered in the financial or statistical analysis conducted within the Capital Markets Solution (CMS) team. Analyze and develop financial models of complex quantitative and qualitative data produced both internally and externally. Make recommendations for actions to address complex business issues.

Key Responsibilities

  • Problem solve for resolution to modeling issues. Direct technical and analytic employees to resolve issues related to models. Ensure accuracy and integrity of data.
  • Oversee analysis of complex business issues by incorporating company and industry knowledge, mathematical expertise, and sound analytical processes. Assess risk/return trade-offs through the evaluation of existing and new investment alternatives.
  • Present results of analysis and/or recommendations to business managers, utility partners, and, at times, external parties ensuring to drive vision and priorities for the organization. Communicate action plans and priorities to appropriate partners.
  • Subject matter expertise in specific financial instruments or insurance contracts. Consult with business and CMS senior leadership to ensure all risks and analysis to these line items are considered.
  • Support strength of control environment for CMS operations, including review of risk-based transactions. Ensure accuracy of models, data management and reporting.


Required Qualifications

  • Bachelor's degree (or equivalent) in math, physics, economics or a quantitative field of study
  • 5+ years of quantitative analytic experience
  • Strong relationship and communication skills in working with colleagues, influencing customers on recommendations and analysis results.
  • Proficiency in C++, Python


Preferred Qualifications

  • Strong analytical, quantitative and problem-solving skills and ability to use statistical analysis and modeling, with associated tech applications.
  • In-depth knowledge of business operations and processes with ability to articulate these processes to others.
  • Strong risk management, project management, and organizational skills; ability to work in an environment of changing priorities.
  • Master's or Ph.D.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated base salary for this role is $84,100 -147,700/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Finance

Line of Business

FIN Finance

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.


What Ameriprise employees say

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Hours and flexibility

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About Ameriprise

Sourced by ZipRecruiter

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.

Industry

Funds, trusts and financial programs

Company size

5,001 - 10,000 Employees

Headquarters location

Minneapolis, MN, US

Year founded

1894

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