The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily responsibilities include code release ...
The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily responsibilities include code release ...
Integrate qualitative and quantitative risk analysis with cost and schedule forecasting to support contingency setting, forecasting, and project management decisions * Serve as an independent ...
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Integrate qualitative and quantitative risk analysis with cost and schedule forecasting to support contingency setting, forecasting, and project management decisions * Serve as an independent ...
Project Risk Manager (Mega Projects)
$150K - $180K/yr
Integrate qualitative and quantitative risk analysis with cost and schedule forecasting to support contingency setting, forecasting, and project management decisions * Serve as an independent ...
Project Risk Manager (Mega Projects)
$150K - $180K/yr
Integrate qualitative and quantitative risk analysis with cost and schedule forecasting to support contingency setting, forecasting, and project management decisions * Serve as an independent ...
Asset and Liability Management Risk Manager - Financial Risk Management
Chicago, IL · On-site
$159.75K - $197.33K/yr
Review scenario design, model configurations, and results produced in the Quantitative Risk Management tool (QRM) (e.g., Economic Value of Equity/Earnings at Risk, forecast runs, Funds Transfer ...
Asset and Liability Management Risk Manager - Financial Risk Management
Chicago, IL · On-site
$159.75K - $197.33K/yr
Review scenario design, model configurations, and results produced in the Quantitative Risk Management tool (QRM) (e.g., Economic Value of Equity/Earnings at Risk, forecast runs, Funds Transfer ...
Asset and Liability Management Risk Manager - Financial Risk Management
Chicago, IL · On-site
$159.75K - $197.33K/yr
Review scenario design, model configurations, and results produced in the Quantitative Risk Management tool (QRM) (e.g., Economic Value of Equity/Earnings at Risk, forecast runs, Funds Transfer ...
Asset and Liability Management Risk Manager - Financial Risk Management
Chicago, IL · On-site
$159.75K - $197.33K/yr
Review scenario design, model configurations, and results produced in the Quantitative Risk Management tool (QRM) (e.g., Economic Value of Equity/Earnings at Risk, forecast runs, Funds Transfer ...
Specialist, Investment Risk
Chicago, IL · On-site
$137.40K - $233.60K/yr
Understand and enhance risk models for equities and derivatives, utilizing advanced quantitative techniques to assess and manage risk exposure. Eg. Factor-based risk * Document policies, procedures ...
Specialist, Investment Risk
Chicago, IL · On-site
$137.40K - $233.60K/yr
Understand and enhance risk models for equities and derivatives, utilizing advanced quantitative techniques to assess and manage risk exposure. Eg. Factor-based risk * Document policies, procedures ...
Specialist, Investment Risk
Chicago, IL · Hybrid
$137.40K - $233.60K/yr
Understand and enhance risk models for equities and derivatives, utilizing advanced quantitative techniques to assess and manage risk exposure. Eg. Factor-based risk * Document policies, procedures ...
Specialist, Investment Risk
Chicago, IL · Hybrid
$137.40K - $233.60K/yr
Understand and enhance risk models for equities and derivatives, utilizing advanced quantitative techniques to assess and manage risk exposure. Eg. Factor-based risk * Document policies, procedures ...
Specialist, Investment Risk
$137.40K - $233.60K/yr
Understand and enhance risk models for equities and derivatives, utilizing advanced quantitative techniques to assess and manage risk exposure. Eg. Factor-based risk * Document policies, procedures ...
Specialist, Investment Risk
$137.40K - $233.60K/yr
Understand and enhance risk models for equities and derivatives, utilizing advanced quantitative techniques to assess and manage risk exposure. Eg. Factor-based risk * Document policies, procedures ...
Manager, Structural Market Risk
Chicago, IL · On-site
$88.80K - $165.60K/yr
Finance & Accounting The Manager, Structural Market Risk (SMR) supports the research, development ... Conduct quantitative analyses to support FTP rate components, including option costs, prepayment ...
Manager, Structural Market Risk
Chicago, IL · On-site
$88.80K - $165.60K/yr
Finance & Accounting The Manager, Structural Market Risk (SMR) supports the research, development ... Conduct quantitative analyses to support FTP rate components, including option costs, prepayment ...
Manager, Structural Market Risk
Chicago, IL · On-site
$88.80K - $165.60K/yr
Finance & Accounting The Manager, Structural Market Risk (SMR) supports the research, development ... Conduct quantitative analyses to support FTP rate components, including option costs, prepayment ...
Manager, Structural Market Risk
Chicago, IL · On-site
$88.80K - $165.60K/yr
Finance & Accounting The Manager, Structural Market Risk (SMR) supports the research, development ... Conduct quantitative analyses to support FTP rate components, including option costs, prepayment ...
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 ...
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 ...
Experience in quantitative analytics preferred; risk management certifications a plus. * Advanced knowledge of Microsoft Office Suite required; Statistical Programming (e.g., R, Python, etc.) and ...
Experience in quantitative analytics preferred; risk management certifications a plus. * Advanced knowledge of Microsoft Office Suite required; Statistical Programming (e.g., R, Python, etc.) and ...
Risk Manager, Insurance Programs
Chicago, IL · On-site
ABOUT THE ROLE The Risk Manager, Insurance Programs, is a strategic leader responsible for ... and quantitative fit test. WHAT WE OFFER * Competitive salary * Retirement Savings: Choose from ...
Risk Manager, Insurance Programs
Chicago, IL · On-site
ABOUT THE ROLE The Risk Manager, Insurance Programs, is a strategic leader responsible for ... and quantitative fit test. WHAT WE OFFER * Competitive salary * Retirement Savings: Choose from ...
Risk Manager, Insurance Programs
Chicago, IL · On-site
ABOUT THE ROLE The Risk Manager, Insurance Programs, is a strategic leader responsible for ... and quantitative fit test. WHAT WE OFFER * Competitive salary * Retirement Savings: Choose from ...
Risk Manager, Insurance Programs
Chicago, IL · On-site
ABOUT THE ROLE The Risk Manager, Insurance Programs, is a strategic leader responsible for ... and quantitative fit test. WHAT WE OFFER * Competitive salary * Retirement Savings: Choose from ...
Senior Manager - Digital Risk (Remote)
Chicago, IL · On-site +1
Strong understanding of risk assessment methodologies including qualitative and quantitative risk ... Comfortable leading change management * Must be legally authorized to work in the United States for ...
Senior Manager - Digital Risk (Remote)
Chicago, IL · On-site +1
Strong understanding of risk assessment methodologies including qualitative and quantitative risk ... Comfortable leading change management * Must be legally authorized to work in the United States for ...
Head of Risk
Chicago, IL · On-site
$225K - $300K/yr
... quantitative, and designed for the speed and complexity of energy markets. What will you be doing? Enterprise Risk Framework * Own the end-to-end risk management framework for the exchange and DCO.
Head of Risk
Chicago, IL · On-site
$225K - $300K/yr
... quantitative, and designed for the speed and complexity of energy markets. What will you be doing? Enterprise Risk Framework * Own the end-to-end risk management framework for the exchange and DCO.
Fraud Risk Analytics Manager
Chicago, IL · 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
Chicago, IL · 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
Chicago, IL · 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
Chicago, IL · 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 ...
Quantitative Analyst
Naperville, IL · On-site +1
$110K/yr
Back test models and support risk management and product development efforts, specifically, work in ESG-related monitoring and modeling. Develop and support quantitative stock selection models.
Quantitative Analyst
Naperville, IL · On-site +1
$110K/yr
Back test models and support risk management and product development efforts, specifically, work in ESG-related monitoring and modeling. Develop and support quantitative stock selection models.
Credit Risk Strategist, Risk Foundations
Chicago, IL · On-site +1
As a Strategist on the Risk Foundations team, you will help manage a rapidly growing merchant ... Bachelor's degree in Economics, Statistics, Computer Science, Engineering or other quantitative or ...
Credit Risk Strategist, Risk Foundations
Chicago, IL · On-site +1
As a Strategist on the Risk Foundations team, you will help manage a rapidly growing merchant ... Bachelor's degree in Economics, Statistics, Computer Science, Engineering or other quantitative or ...
Quantitative Risk Manager information
See Arlington Heights, IL salary details
$51.5K - $62.3K
4% of jobs
$62.3K - $73.1K
6% of jobs
$73.1K - $83.8K
11% of jobs
$87.9K is the 25th percentile. Wages below this are outliers.
$83.8K - $94.6K
11% of jobs
The median wage is $103.2K / yr.
$94.6K - $105.4K
23% of jobs
$105.4K - $116.1K
13% of jobs
$123.2K is the 75th percentile. Wages above this are outliers.
$116.1K - $126.9K
12% of jobs
$126.9K - $137.7K
8% of jobs
$137.7K - $148.5K
6% of jobs
$148.5K - $159.2K
4% of jobs
$159.2K - $170K
2% of jobs
$51.5K
$111.6K
$170K
How much do quantitative risk manager jobs pay per year?
As of May 28, 2026, the average yearly pay for quantitative risk manager in Arlington Heights, IL is $111,567.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,000.00 and $129,000.00 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?
| Aspect | Quantitative Risk Manager | Quantitative Analyst |
|---|---|---|
| Primary Focus | Assessing and managing risk exposure across financial portfolios | Developing models and algorithms for investment strategies |
| Required Credentials | Advanced degrees in finance, mathematics, or related fields; certifications like FRM or CFA | Degrees in finance, mathematics, or statistics; often pursuing CFA or similar |
| Work Environment | Financial institutions, risk management departments | Investment firms, hedge funds, banks |
| Key Skills | Risk assessment, regulatory knowledge, quantitative modeling | Data 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 Arlington Heights, IL? For Quantitative Risk Manager jobs in Arlington Heights, IL, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Manager jobs in Arlington Heights, IL look for? The top searched job categories for Quantitative Risk Manager jobs in Arlington Heights, IL are:
What cities near Arlington Heights, IL are hiring for Quantitative Risk Manager jobs? Cities near Arlington Heights, IL with the most Quantitative Risk Manager job openings:
