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Quantitative Risk Manager Jobs in Miami, AZ (NOW HIRING)

Quantitative Risk Manager information

See Miami, AZ salary details

$49.8K

$107.8K

$164.3K

How much do quantitative risk manager jobs pay per year?

As of Jul 26, 2026, the average yearly pay for quantitative risk manager in Miami, AZ is $107,820.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,000.00 and $124,700.00 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 cities near Miami, AZ are hiring for Quantitative Risk Manager jobs? Cities near Miami, AZ with the most Quantitative Risk Manager job openings:

Data Governance Manager-Model Development

Globe Telecom, Inc.

Globe, AZ • On-site

Full-time

Posted 14 days ago


Job description

At Globe, our goal is to create a wonderful world for our people, business, and nation. By uniting people of passion who believe they can make a difference, we are confident that we can achieve this goal.

Job Description The Model Development Manager is responsible for managing analytics projects from development to operationalization, performing analysis and predictive modelling and helping drive the change management process. Responsible for ensuring machine learning jobs are running in production and provide integration to existing and new systems.DUTIES AND RESPONSIBILITIES:

Data Management and Exploration

Extraction, exploration and manipulation of large and complex data sets

Designing and derivation of transformed variables for predictive modeling/advanced analytics

Develop big data framework combining telco data with various external sources of data (digital, social, etc) to get a 360-degree view of the customer

Help internal stakeholders in understanding, interpreting and analyzing massive data sets

Data Analytics and Modeling:

Understand and translate business problems into data science projects.

Perform data modeling and create sophisticated analytics models. Implement and test data modeling designs. Use advanced math and statistics expertise using massive (beyond 500GB) data. Use modern data analytical techniques working with information retrieval, machine learning, matrix and graph algorithms, unsupervised clustering & data mining to solve business problems

Track model accuracy and effectiveness

Identify model fine-tuning needs; Measure ROI from models developed

Campaign Expertise

Translate model into results. Draws out and communicates useful insights, actionable interpretations, alternative approaches and solutions.

Identify opportunities for the application of customer analytics techniques for the business, particularly for credit scoring.

Use learnings from models to prioritize and sequence initiatives; Collaborate with business sponsors and different stakeholders to operationalize analytic findings.

Knowledge Transfer and Collaboration

Support internal stakeholders in use of data and various analytical tools to generate and communicate insights

Provides training, demonstration, documentation and other support to drive the change management process and expand the use of analytics throughout the organization

Support the drive for change management process to ensure the analytical developments are adopted by relevant internal teams.

Develop relationships with external data and analytics partners and interact as needed.

Keep updated with new data science techniques and be extremely knowledgeable of industry standards and trends.

REQUIREMENTS:

  • Minimum of three (3) years' experience in customer analytics domain and/or credit risk assessment and financial services, covering most of the following: data mining, predictive modeling, machine learning, statistical modeling and analysis, large scale data acquisition, transformation, and cleaning, both structured and unstructured data

  • Proven track record of leading and collaborating on advanced analytics strategic initiatives; Proven track record of operationalization of analytic models in collaboration with marketing/risk and IT teams

  • Worked with large, unfiltered data sets or data science research

  • Has Knowledge of both structured and unstructured data

  • Must possess core competencies, deep understanding and relevant experience in a. Scripting or programming experience: familiarity in programming languages with relational databases (e.g. Python, Java, Ruby, Clojure, Matlab, Pig, SQL)

  • Statistical Analysis: advanced usage of off-the-shelf tools such as R, SAS, SPSS, Weka and other analytical tools or software

  • Big Data: Experience with Big data tools such as HDFS, Cassandra, Storm

  • Database knowledge: skilled in structured database

  • Familiar with most of the following disciplines:Conceptual modeling: to be able to share and articulate modeling;Predictive modeling: most of the big data problems are towards being able to predict future outcomes;Hypothesis testing: being able to develop hypothesis and test them with carefulexperiments;Natural Language Processing: the interactions between computer and humans;Machine learning: using computers to improve as well as develop algorithms;Statistical analysis: to understand and work around possible limitations in models.

  • Bachelor's Degree in quantitative discipline such as Statistics, mathematics, Operations Research, Engineering, Computer Science, Econometrics or Information Science such as Business Analytics or Informatics

Equal Opportunity Employer
Globe's hiring process promotes equal opportunity to applicants, Any form of discrimination is not tolerated throughout the entire employee lifecycle, including the hiring process such as in posting vacancies, selecting, and interviewing applicants.
Globe's Diversity, Equity and Inclusion Policy Commitment can be accessed here

Make Your Passion Part of Your Profession. Attracting the best and brightest Talents is pivotal to our success. If you are ready to share our purpose of Creating a Globe of Good, explore opportunities with us.