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 ...
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 ...
Provide quantitative analysis and support to risk managers on pricing, margin, and risk calculations * Communicate model analysis to professionals across OCC and collaborate with cross-functional ...
Provide quantitative analysis and support to risk managers on pricing, margin, and risk calculations * Communicate model analysis to professionals across OCC and collaborate with cross-functional ...
Manager, Structural Market Risk
Chicago, IL · On-site
$88K - $165K/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
$88K - $165K/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
$88K - $165K/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
$88K - $165K/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 ...
Senior Manager, Enterprise Risk
Chicago, IL · On-site
$143K - $191K/yr
Perform qualitative and quantitative risk assessments as challenge to the regular risk measurement and assessment responsibility of the first line functions. * Develop or manage the development of ...
Senior Manager, Enterprise Risk
Chicago, IL · On-site
$143K - $191K/yr
Perform qualitative and quantitative risk assessments as challenge to the regular risk measurement and assessment responsibility of the first line functions. * Develop or manage the development of ...
Hedge Fund Risk Manager
Chicago, IL · On-site
$80K - $133K/yr
Role Overview We are seeking an experienced Risk Manager to join our investment team and oversee ... Strong analytical and quantitative skills * Ability to interpret limited transparency data
Hedge Fund Risk Manager
Chicago, IL · On-site
$80K - $133K/yr
Role Overview We are seeking an experienced Risk Manager to join our investment team and oversee ... Strong analytical and quantitative skills * Ability to interpret limited transparency data
Hedge Fund Risk Manager
Chicago, IL · On-site
$80K - $133K/yr
Role Overview We are seeking an experienced Risk Manager to join our investment team and oversee ... Strong analytical and quantitative skills * Ability to interpret limited transparency data
Hedge Fund Risk Manager
Chicago, IL · On-site
$80K - $133K/yr
Role Overview We are seeking an experienced Risk Manager to join our investment team and oversee ... Strong analytical and quantitative skills * Ability to interpret limited transparency data
Hedge Fund Risk Manager
Chicago, IL · On-site
$80K - $133K/yr
Role Overview We are seeking an experienced Risk Manager to join our investment team and oversee ... Strong analytical and quantitative skills * Ability to interpret limited transparency data
Hedge Fund Risk Manager
Chicago, IL · On-site
$80K - $133K/yr
Role Overview We are seeking an experienced Risk Manager to join our investment team and oversee ... Strong analytical and quantitative skills * Ability to interpret limited transparency data
Chief Risk Officer
Chicago, IL · On-site
$259.25 - $320.25/hr
Develop the quantitative risk methodology and requirements for the Clearinghouse margin model, stress testing, and default management as new products are launched. * Enhance model and financial ...
Chief Risk Officer
Chicago, IL · On-site
$259.25 - $320.25/hr
Develop the quantitative risk methodology and requirements for the Clearinghouse margin model, stress testing, and default management as new products are launched. * Enhance model and financial ...
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.
Quantitative Researcher for Risk and Research Engagement
Chicago, IL · On-site
$150K - $180K/yr
You will partner closely with Portfolio Managers, Risk Managers, and senior leadership to develop ... Develop quantitative models for risk analysis, scenario analysis, and performance attribution
Quantitative Researcher for Risk and Research Engagement
Chicago, IL · On-site
$150K - $180K/yr
You will partner closely with Portfolio Managers, Risk Managers, and senior leadership to develop ... Develop quantitative models for risk analysis, scenario analysis, and performance attribution
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$106K - $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
$106K - $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
$106K - $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
$106K - $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 ...
Chief Risk Officer
Chicago, IL · On-site
Develop the quantitative risk methodology and requirement for the Clearinghouse margin model, stress testing, and default management in developing new products, ensuring risk methodologies remain ...
Chief Risk Officer
Chicago, IL · On-site
Develop the quantitative risk methodology and requirement for the Clearinghouse margin model, stress testing, and default management in developing new products, ensuring risk methodologies remain ...
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$106K - $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
$106K - $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
$106K - $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
$106K - $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 ...
Sr. Quantitative Finance Manager
$112K - $153K/yr
Sets quantitative work priorities in line with the bank's overall strategy and prioritization ... Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely ...
Sr. Quantitative Finance Manager
$112K - $153K/yr
Sets quantitative work priorities in line with the bank's overall strategy and prioritization ... Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely ...
Sr. Quantitative Finance Manager
Chicago, IL · On-site
$112K - $153K/yr
Sets quantitative work priorities in line with the bank's overall strategy and prioritization ... Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely ...
Sr. Quantitative Finance Manager
Chicago, IL · On-site
$112K - $153K/yr
Sets quantitative work priorities in line with the bank's overall strategy and prioritization ... Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely ...
Quantitative Finance Analyst
Chicago, IL · On-site
Supports model development and model risk management in respective focus areas to support business ... It provides quantitative solutions to enable effective risk and capital management across the ...
Quantitative Finance Analyst
Chicago, IL · On-site
Supports model development and model risk management in respective focus areas to support business ... It provides quantitative solutions to enable effective risk and capital management across the ...
Quantitative Risk Manager information
See Geneva, IL salary details
$50.3K - $60.8K
4% of jobs
$60.8K - $71.3K
6% of jobs
$71.3K - $81.8K
11% of jobs
$85.7K is the 25th percentile. Wages below this are outliers.
$81.8K - $92.3K
11% of jobs
The median wage is $100.7K / yr.
$92.3K - $102.8K
23% of jobs
$102.8K - $113.3K
13% of jobs
$120.3K is the 75th percentile. Wages above this are outliers.
$113.3K - $123.9K
12% of jobs
$123.9K - $134.4K
8% of jobs
$134.4K - $144.9K
6% of jobs
$144.9K - $155.4K
4% of jobs
$155.4K - $165.9K
2% of jobs
$50.3K
$108.9K
$165.9K
How much do quantitative risk manager jobs pay per year?
As of Jul 22, 2026, the average yearly pay for quantitative risk manager in Geneva, IL is $108,876.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,800.00 and $125,900.00 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?
| 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 Geneva, IL? For Quantitative Risk Manager jobs in Geneva, IL, the most frequently searched job titles are:
What cities near Geneva, IL are hiring for Quantitative Risk Manager jobs? Cities near Geneva, IL with the most Quantitative Risk Manager job openings:
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Job description
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 testing, historical data validation, margin and stress testing model validation, and portfolio back-testing. The candidate must have the ability to efficiently, effectively conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time.
Candidates should also be willing to relocate to Chicago at their own costs.
Qualifications:
- Masters in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline.
- Superb quantitative and analytical background.
- Excellent programming, communication, and documentation skills.
- Knowledge of financial markets.
- Work experience or education in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred.
- Work experience or education in advanced derivatives modeling and knowledge of volatility models preferred.
- Work experience or education in curve construction and data validation preferred.
About Informatic Technologies
Sourced by ZipRecruiter
Company size
201 - 500 Employees
Headquarters location
North Brunswick, NJ, US
Year founded
1996