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Quantitative Risk Manager Jobs in Pennsylvania (NOW HIRING)

Fliff

Head of Risk & Trading

Philadelphia, PA · On-site +1

$100K - $150K/yr

... managing sportsbook or fantasy sports risk and developing effective trading strategies * Strong analytical and quantitative skills, with the ability to analyze data and make informed decisions ...

Pae

Project Controls Manager

Philadelphia, PA

Risk Management: Lead integrated risk management-facilitate risk workshops, maintain the risk register, conduct qualitative and quantitative analyses (cost/schedule risk, Monte Carlo), and drive ...

Amentum

Project Controls Manager

Philadelphia, PA · On-site +1

Risk Management: Lead integrated risk management-facilitate risk workshops, maintain the risk register, conduct qualitative and quantitative analyses (cost/schedule risk, Monte Carlo), and drive ...

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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 Jul 19, 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 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 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:
Quantitative Risk Manager jobs near you
Head of Risk & Trading

Head of Risk & Trading

Fliff

Philadelphia, PA • On-site, Remote

$100K - $150K/yr

Full-time

Re-posted 2 days ago

Job description

Fliff unpacks sports gaming into social, free-to-play games for all types of sports fans. We've built a social sports gaming experience that allows users to compete for leaderboard positioning, to achieve badges and build their status within the game.

We are pioneering play-for-fun sports gaming, with our flagship social sportsbook experience that includes sweepstakes promotions and loyalty rewards. We provide sports fans with fun, engaging, and free-to-play alternatives to real money gaming.

Job Summary:

We are seeking a highly skilled and experienced Senior Game Operations Associate to join our team. The successful candidate will be responsible for managing our sports platform operations, developing and implementing strategies to create and price new events, and ensuring effective risk management and pricing accuracy.
Responsibilities:
  • Risk Management: Develop and implement comprehensive risk management frameworks and strategies tailored to sports gaming operations. Monitor risk exposure and evaluate operational processes to optimize profits and mitigate potential financial losses.
  • Trading Operations: Oversee daily trading activities, including pricing, market-making, and the management of trading limits. Ensure that the trading team operates efficiently and effectively in volatile market conditions.
  • Data Analysis: Develop and utilize analytics and modeling techniques to assess market trends, customer behavior, and risk patterns. Use insights to inform trading strategies and improve the overall performance of the sports gaming portfolio.
  • Team Leadership: Lead, mentor, and develop a high-performing team of risk analysts and traders. Foster a collaborative and innovative environment, promoting continuous improvement and professional growth.
  • Stakeholder Engagement: Collaborate with internal stakeholders, including marketing, product development, and technology teams, to align risk and trading strategies with overall business goals. Communicate insights and recommendations to senior management and stakeholders.
  • Market Research: Stay informed about industry trends, emerging technologies, and competitor activities in the sports gaming landscape. Utilize this knowledge to enhance trading operations and risk management practices.
Requirements:
  • Bachelor's degree in Business Administration, Finance, Economics, or a related field preferred
  • At least 5 years of experience in risk management within sports betting or a related field, with a proven track record of success in managing sportsbook or fantasy sports risk and developing effective trading strategies
  • Strong analytical and quantitative skills, with the ability to analyze data and make informed decisions quickly
  • Knowledge of sports betting markets and trends, with a deep understanding of betting lines, odds, and pricing models
  • Familiarity with sports data and analytics tools, such as sports data feeds and statistical models
  • Experience with risk management techniques and tools, such as exposure limits, hedging, and diversification
  • Excellent communication and interpersonal skills, with the ability to work effectively with stakeholders at all levels of the organization
  • Strong leadership and management skills, with the ability to mentor and manage junior traders
  • Flexibility to work outside of regular business hours, as required
Benefits:
  • Top tier compensation + benefits package
  • Flexibility to work remotely
  • Opportunity for professional growth in a dynamic and international environment
  • Informal, friendly and knowledge-sharing environment
  • An interesting and challenging job that allows you to explore paths to creating successful software solutions
$100,000 - $150,000 a year
We are a multinational company with our headquarters based in Philadelphia, and offices in New York, Austin, and Sofia, Bulgaria. Wherever we are in the world, we pride ourselves on being a close-knit, focused team that is welcoming and friendly, and the work that we do is always interesting and rewarding. Wherever we are in the world, we pride ourselves on being a close-knit, focused team that is:

Welcoming and Friendly
We want to reflect the diversity of the cities we serve. By creating an inclusive culture where everyone can thrive, we'll make Fliff better for employees and customers alike.

Lively and Creative
We respect and value each other's ideas, experience and expertise. There is no such thing as a bad idea; only ideas that are executed and ideas that are discarded after consideration.

Stimulating and Rewarding
We know bright minds love a challenge, and we understand your desire to see your hard work pay off. We'll make sure your daily tasks align with your career ambitions as we grow together.

Equal Employment Opportunity Statement
Fliff is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Join Our Team!
If you're ready to be part of an exciting, innovative, and dynamic team, apply now to help shape the future of sports gaming with Fliff.

IMPORTANT NOTICE: The privacy and security of applicant information is paramount and we take fraud attempts very seriously. Please note that Fliff will never ask for payment or personal financial information during the application process. All of our legitimate job opportunities can be found on our official career site (https://www.getfliff.com/careers). Please be cautious of communications and links that come from non-company email addresses (@getfliff.com), social media messaging platforms or unsolicited phone calls.
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