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Quantitative Risk Manager Jobs in Fresno, CA (NOW HIRING)

INDUSTRIAL HYGIENIST

Lemoore, CA ยท On-site +1

$89K - $116K/yr

You will assess work practices to identify the population at risk and to detect violations of ... You will evaluate the need for quantitative assessment of air contamination and ventilation systems.

Quantitative Risk Manager information

See Fresno, CA salary details

$51.1K

$110.8K

$168.8K

How much do quantitative risk manager jobs pay per year?

As of Aug 7, 2026, the average yearly pay for quantitative risk manager in Fresno, CA is $110,765.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,400.00 and $128,100.00 per year, depending on experience, location, and employer.

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 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 Fresno, CA? For Quantitative Risk Manager jobs in Fresno, CA, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Manager jobs in Fresno, CA look for? The top searched job categories for Quantitative Risk Manager jobs in Fresno, CA are:
What cities near Fresno, CA are hiring for Quantitative Risk Manager jobs? Cities near Fresno, CA with the most Quantitative Risk Manager job openings:
Infographic showing various Quantitative Risk Manager job openings in Fresno, CA as of June 2026, with employment types broken down into 2% As Needed, 63% Full Time, 31% Part Time, 2% Temporary, and 2% Contract. Highlights an 81% Physical, 3% Hybrid, and 16% Remote job distribution, with an average salary of $110,765 per year, or $53.3 per hour.

Principal Risk & Compliance Quantitative and Modeling Analyst - Location Flexible

PG&E Corporation

Tollhouse, CA โ€ข Hybrid

$238K/yr

Full-time

Re-posted 17 days ago


Job description

Requisition ID # 172735 

Job Category: Compliance / Risk / Quality Assurance; Accounting / Finance; Business Operations / Strategy 

Job Level: Manager/Principal

Business Unit: Strategy & Growth

Work Type: Hybrid

Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bay Point; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Pleasanton; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramenti; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City

Department Overview:

The Electric Risk & Compliance organization provides governance, oversight, and strategic direction on risk and compliance matters across Electric Operations, ensuring alignment with enterprise policies and external/internal regulatory requirements. It partners cross-functionally to manage compliance requirements, strengthen controls, and enable risk-based oversight through effective monitoring, data, and reporting. The Compliance Insights team provides strategic, comprehensive data analysis, reporting, and data-driven insights that support Electric compliance, investigations, and risk management.

The selected candidate must live within PG&Eโ€™s service territory, and will be expected to work in the office 2-3 times a week.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.

A reasonable salary range is:

Minimum Base Salary (Bay Area)            $140,000.00

Mid Base Salary (Bay Area)        $189,000.00

Maximum Base Salary (Bay Area)           $238,000.00

Minimum Base Salary (California)         $133,000.00

Mid Base Salary (California)      $180,000.00

Maximum Base Salary (California)        $226,000.00

Responsibilities:

  • Lead development of risk metrics and stress scenarios
  • Lead development of commodity prices, derivatives and transactions as needed to analyze and quantify risks.
  • Lead development of framework for implementing tools and processes to improve quality and timeliness of risk reports.
  • Lead design of analytical and diagnostic tools to ensure accuracy and timely computation of risk metrics and facilitate analyses of portfolios.
  • Lead assessment of the effectiveness of hedging strategies and programs.
  • Lead development and enhancement of quantitative models to support forecasting, valuation, and portfolio risk assessment.
  • Provide analytical support and quantitative risk assessments to inform business decisions and address emerging issues.
  • Lead development of risk-informed compliance frameworks to align analytical insights with regulatory requirements and support effective governance and oversight.
  • Lead horizon scanning activities to identify emerging risks, market developments, and regulatory changes that may affect portfolio strategy and risk exposure.
  • Develops and leads compelling data-driven business cases for or against specific courses of action and potential risk mitigation alternatives as appropriate; provides strategic direction regarding areas of NERC compliance in common with CPUC, OEIS, and CAISO.
  • Leads annual gap analysis; identifies gaps between compliance requirements and guidance documentation.
  • Develops, monitors, analyzes, and reports on business KPIs and indicators, that may affect the Companyโ€™s ability to meet its goals.

Qualifications

Minimum:

  • Bachelorโ€™s Degree in Information Systems, Business, Engineering, Financial Engineering, Economics, Statistics, or Mathematics or equivalent experience
  • 8 years of experience in risk analytics development and modeling
  • 2 years managing projects

Desired:

  • Masterโ€™s degree or equivalent experience
  • Electrical engineer with experience in the utility industry to support technical interpretations and implementation of new compliance requirements.
  • Proven risk control and system design skills
  • Proven project management skills.
  • Demonstrated ability to abstract or synthesize from one set of ideas or facts to another, identify causal relationships, and anticipate obstacles.
  • Communicates with peers, subordinates, leadership, and stakeholders, using a variety of media and conveying information or conclusions in a clear, direct manner.
  • Ability to maneuver through complex organizational situations effectively and without disruption.
  • Understands and can communicate the company's overall goals and strategies.
  • Ability to analyze complex problems and make decisions despite incomplete information and limited time.
  • Highly advanced analytical, program management, and communications skills
  • Ability to manipulate data and draw conclusions / make recommendations