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Quantitative Risk Manager Jobs in Pennsylvania (NOW HIRING)

Quantitative Risk Analyst

Philadelphia, PA ยท On-site

$64.49K - $105.95K/yr

Key Responsibilities: * Assist the Quantitative Risk Manager in constructing a Credit Decision Scorecards and statistically based credit risk modeling strategies based on quantitative modeling ...

Quantitative Risk Analyst

Philadelphia, PA ยท On-site

$64.49K - $105.95K/yr

Key Responsibilities: * Assist the Quantitative Risk Manager in constructing a Credit Decision Scorecards and statistically based credit risk modeling strategies based on quantitative modeling ...

Key Responsibilities: * Assist the Quantitative Risk Manager in constructing a Credit Decision Scorecards and statistically based credit risk modeling strategies based on quantitative modeling ...

Key Responsibilities: * Assist the Quantitative Risk Manager in constructing a Credit Decision Scorecards and statistically based credit risk modeling strategies based on quantitative modeling ...

As an MIGSO-PCUBED Project Risk Manager, you will play a critical role in driving robust risk ... Conduct qualitative and quantitative risk analysis, including Monte Carlo simulations * Support the ...

Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP). * Expertise ... Liquidity Risk: Treasury liquidity risk management and reporting (e.g., liquidity stress testing ...

This position is also responsible for developing quantitative tools used in the areas of pricing ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...

OH0713 NW Bancshares HQ, PA0258 Bellevue The Quantitative Analyst III is responsible for supporting ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...

This position is also responsible for developing quantitative tools used in the areas of pricing ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...

OH0713 NW Bancshares HQ, PA0258 Bellevue The Quantitative Analyst III is responsible for supporting ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...

This position is also responsible for developing quantitative tools used in the areas of pricing ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...

OH0713 NW Bancshares HQ, PA0258 Bellevue The Quantitative Analyst III is responsible for supporting ... Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal opportunity ...

Cybersecurity Risk Manager

Pittsburgh, PA ยท On-site +1

$70K - $140K/yr

Description Cyber Security Risk Manager Description: As a 1 Line Technology Risk - Cybersecurity ... with quantitative/qualitative risk assessments * Excellent communication skills required to ...

Fraud Risk Analytics Manager

Pittsburgh, PA ยท Hybrid

$105K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy ... Master degree in Mathematics, Statistics, Operations Management, Economics or other quantitative ...

Fraud Risk Analytics Manager

Philadelphia, PA ยท Hybrid

$105K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy ... Master degree in Mathematics, Statistics, Operations Management, Economics or other quantitative ...

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Quantitative Risk Manager information

See Pennsylvania salary details

$51.6K

$111.8K

$170.4K

How much do quantitative risk manager jobs pay per year?

As of May 28, 2026, the average yearly pay for quantitative risk manager in Pennsylvania is $111,824.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,200.00 and $129,300.00 per year, depending on experience, location, and employer.

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 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 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 Pennsylvania? For Quantitative Risk Manager jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Manager jobs in Pennsylvania look for? The top searched job categories for Quantitative Risk Manager jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Quantitative Risk Manager jobs? Cities in Pennsylvania with the most Quantitative Risk Manager job openings:
Infographic showing various Quantitative Risk Manager job openings in Pennsylvania as of May 2026, with employment types broken down into 10% As Needed, 37% Full Time, 38% Part Time, 5% Temporary, and 10% Contract. Highlights an 15% Physical, 15% Hybrid, and 70% Remote job distribution, with an average salary of $111,824 per year, or $53.8 per hour.
Quantitative Risk Analyst

Quantitative Risk Analyst

Wsfs Financial

Philadelphia, PA โ€ข On-site

$64.49K - $105.95K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post hasย expired today.ย Applications are no longer accepted.


Job description

Job Description
NewLane Finance is seeking an individual to assist the credit and risk modeling and analytics function using data to advance credit risk behavior and quantification of these risk and return tradeoffs through the deployment of models and algorithms to optimize such strategies. This role will be responsible for providing analytical/quantitative input to help develop, implement, and monitor the build of complex commercial small business Expected Default (ED) and Probability of Default (PD) credit default models.
The successful candidate will use their business analysis, process, and quantitative knowledge to ensure business intent is matched with modeling outcome, and document development decisions under SR11-7 guidelines. In addition to responsibilities on individual modeling projects this role will be expected to work on ad-hoc projects as needed. Communicating model mechanics and articulating nuances to leadership will be an important aspect of the role. This is a great opportunity for someone who is a modeler/statistician/data analyst/coder (or a combination) with experience in commercial small business credit analysis.
Key Responsibilities:
  • Assist the Quantitative Risk Manager in constructing a Credit Decision Scorecards and statistically based credit risk modeling strategies based on quantitative modeling methods (e.g., good / bad definition, performance sample windows, sample size and exclusions).
  • Assist in developing and implementing a framework for data collection, processing and analyzing customer and 3rd party data (e.g., PayNet, D&B, consumer credit bureaus) for implementing credit risk strategies
  • Plan and execute self-driven analytics on large data sets (structured and unstructured data) using next generation technologies, prepare analysis and reports to support discussions on key analytics and model aspects to drive decision making
  • Validate credit default rates from portfolio attributes (e.g., delinquencies, EOD, loss curves, dealer performance) and make recommendations on credit model and policies
  • Work with sales management on risk-based pricing strategies optimizing dealer conversion rates and profitability.
  • Oversight of credit data mart used for reporting and portfolio performance monitoring.
  • Supporting ongoing and future projects working with the senior team.
  • Ability to create visualizations of data and/or quantitative information for management decision-making
  • Support building and enhancing procedures and model documentation in compliance with regulatory guidance as well as the Bank's model risk policy
  • Maintain current/develop new analytical reports and presentations for senior management, executive committees, and regulatory exams

Experience:
  • Bachelor's degree in Mathematics/Statistics, Operations Research, Economics, Finance, or other quantitative discipline; or in lieu of a degree, four (4) plus years' experience in Risk, Finance, Consumer Lending
  • Three (3) plus years of commercial small business credit modeling experience.
  • Two (2) plus years of experience in Consumer Lending statistical modeling/analytics, preferably related to ALL and/or Loss Forecasting modeling for credit cards.
  • Two (2) plus years in coding with Python, PySpark or other equivalent language within the past Five (5) years

Desired Characteristics:
  • Demonstrated experience with SAS and other statistical methods.
  • Proven decision-making role constructing credit models in a regulated environment
  • Strong quantitative and analytical skills in statistical analysis and data science best practices
  • Strong communication and partnering skills

Salary Range:
$64,491.00 - $105,949.50
Individual base pay may vary on additional factors such as the candidate's experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.
In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/
WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.
WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.