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Quantitative Risk Manager Jobs in Texas (NOW HIRING)

FR&G collaborates closely with Quantitative Risk Management and the Counterparty Credit Risk teams to maintain an integrated and comprehensive approach to financial risk management at DTCC to support ...

FR&G collaborates closely with Quantitative Risk Management and the Counterparty Credit Risk teams to maintain an integrated and comprehensive approach to financial risk management at DTCC to support ...

All Options is looking for a Risk Manager to join our team in Austin, TX. You will be at the center ... Bachelor's degree in a quantitative field such as STEM, Statistics, Economics, or Finance * Hands ...

All Options is looking for a Risk Manager to join our team in Austin, TX. You will be at the center ... Bachelor's degree in a quantitative field such as STEM, Statistics, Economics, or Finance * Hands ...

Design and oversee sophisticated quantitative models, sensitivity analyses, and value-at-risk ... Lead complex, multi-workstream ERM projects, managing timelines, resources, and stakeholder ...

A minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines. * Familiarity with Excel, SQL, Python ...

A minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines. * Familiarity with Excel, SQL, Python ...

A minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines. * Familiarity with Excel, SQL, Python ...

Cybersecurity Risk Manager

Dallas, TX · 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 ...

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Quantitative Risk Manager information

See Texas salary details

$48K

$103.9K

$158.4K

How much do quantitative risk manager jobs pay per year?

As of Jul 22, 2026, the average yearly pay for quantitative risk manager in Texas is $103,932.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,800.00 and $120,200.00 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 job categories do people searching Quantitative Risk Manager jobs in Texas look for? The top searched job categories for Quantitative Risk Manager jobs in Texas are:
What cities in Texas are hiring for Quantitative Risk Manager jobs? Cities in Texas with the most Quantitative Risk Manager job openings:
Infographic showing various Quantitative Risk Manager job openings in Texas as of July 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $103,932 per year, or $50 per hour.
Sr. Market Risk and Quantitative Analyst

Sr. Market Risk and Quantitative Analyst

Phillips 66

Houston, TX • On-site

$160K - $195K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 6 days ago


Job description

Phillips 66 & YOU - Together we can fuel the future
As a Sr Market Risk & Quantitative Analyst (Sr Advisor II, Market Risk & Quants), you will join a team that supports commodity trading activities by identifying, measuring, and reporting market and other risks, while helping ensure trading activity operates within approved limits and risk appetite. You will also help build and enhance the market risk systems and tools, such as VaR, stress testing, and volume monitoring, used to monitor and analyze risk exposures.
What You'll Do
  • Produce timely and accurate global daily risk reports, including VaR and stress testing, and explain key drivers of change.
  • Build and maintain systems used to calculate and report market risk, from position and price data through to published reporting.
  • Provide commodity-level coverage for one or more trading desks, delivering clear risk assessments including key portfolio activity, risk drivers, and market developments.
  • Collaborate closely with Product Control and other support functions to support holistic risk reporting.
  • Support scenario analysis and modeling, maintain internal controls, and provide recommendations to management to ensure activities align with risk policies and regulatory requirements.

What You'll Bring - Required
  • Legally authorized to work in the job posting country
  • Bachelor's degree in STEM, financial engineering, or another highly quantitative field
  • 5 or more years of relevant experience in on-trading floor (or similar environment) market risk and quantitative analysis OR 5 or more years of Python engineer-level coding experience
  • Expert-level Python programming skills and strong experience managing large data sets using SQL and other tools

What Makes You Stand Out - Preferred
  • Strong communication skills, with the ability to translate complex quantitative findings into clear, actionable insights for trading and management audiences, and to produce concise presentations of quantitative data
  • Ability to thrive in a fast-paced, open trading-floor environment while managing multiple priorities
  • Experience with physical energy trading protocols and financial instruments as applied in commodity trading
  • Experience in model validation
  • Experience with ETRM systems, especially RightAngle or Allegro
  • Experience applying machine learning or advanced statistical modeling techniques to market risk or quantitative finance problems
  • Experience architecting quantitative risk platforms, including data pipelines, calculation engines, and reporting layers
  • Advanced degree in a highly quantitative field

Compensation Range
This position has a base salary range of $160,200 - $195,800.
At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role's requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.
The Commercial organization works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration. Our truck and rail fleets support our feedstock and distribution operations. Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.
Total Rewards
At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being - physical, emotional, social, and financial - is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results - personally and professionally. Benefits for certain eligible, full-time employees include:
  • Annual Variable Cash Incentive Program (VCIP) bonus
  • 8% 401k company match
  • Cash Balance Account pension
  • Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
  • Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services

Learn more about Phillips 66 Total Rewards.
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, cultivate an environment of trust, seek different perspectives and pursue excellence.
Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.
To be considered:
In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of July 30, 2026.
Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Phillips 66 is an Equal Opportunity Employer