1

Quantitative Risk Manager Jobs in Orem, UT (NOW HIRING)

Calypso Developer

Midvale, UT · On-site

$55 - $60/hr

Collaborate with business users, quantitative analysts, risk management, operations, architects, and development teams to translate requirements into scalable technical solutions. * Support ...

... management milestones and affordability commitments. Overall, the Cost Modeler integrates technical ... quantitative data interpretation. Qualifications We Prefer * Active and transferrable Top ...

CFP Tutor

Spanish Fork, UT · Remote

$35 - $40/hr

... risk management and insurance, investment planning, tax planning, retirement savings and planning ... and quantitative calculation approaches for CFP examination. Guides students through analyzing ...

CFP Tutor

Provo, UT · Remote

$35 - $40/hr

... risk management and insurance, investment planning, tax planning, retirement savings and planning ... and quantitative calculation approaches for CFP examination. Guides students through analyzing ...

... quantitative coursework. * Conceptual Teaching & Problem-Solving: Skilled at breaking down ... management, and financial risk analysis. * Curriculum Awareness & Adaptive Instruction: Familiar ...

... quantitative coursework. * Conceptual Teaching & Problem-Solving: Skilled at breaking down ... management, and financial risk analysis. * Curriculum Awareness & Adaptive Instruction: Familiar ...

... manage their businesses through efficiency, flexibility, and data governance Catastrophe and Risk ... Working fluency in UX research methods (qualitative and quantitative), sufficient to direct and ...

... risk modeling initiatives for homeowners insurance. · Own and manage multiple workstreams ... quantitative field. · A minimum of four years of experience in property and casualty insurance ...

Showing results 21-40

Quantitative Risk Manager information

See Orem, UT salary details

$44.8K

$97K

$147.8K

How much do quantitative risk manager jobs pay per year?

As of Aug 21, 2026, the average yearly pay for quantitative risk manager in Orem, UT is $96,983.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,200.00 and $112,100.00 per year, depending on experience, location, and employer.

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.

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 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 Orem, UT?

For Quantitative Risk Manager jobs in Orem, UT, the most frequently searched job titles are:

What job categories do people searching Quantitative Risk Manager jobs in Orem, UT look for?

The top searched job categories for Quantitative Risk Manager jobs in Orem, UT are:

What cities near Orem, UT are hiring for Quantitative Risk Manager jobs?

Cities near Orem, UT with the most Quantitative Risk Manager job openings:

Infographic showing various Quantitative Risk Manager job openings in Orem, UT as of June 2026, with employment types broken down into 2% As Needed, 59% Full Time, 35% Part Time, 2% Temporary, and 2% Contract. Highlights an 77% Physical, 4% Hybrid, and 19% Remote job distribution, with an average salary of $96,983 per year, or $46.6 per hour.

Manager, Data Science & Modeling

Merrick Bank

South Jordan, UT • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago


Job description

Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day.
Who we are
Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide.
What we do
We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses.
Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume.
Data Scientists build and maintain machine learning and statistical models that address key business challenges across the bank. The role involves framing business problems mathematically and applying advanced analytical techniques to generate solutions.
Data Science is a technical discipline requiring strong skills in software engineering, statistics, and modern data infrastructure.
Essential Functions:
  • Develop and sustain predictive modeling solutions across Credit Risk, Balance/Revenue forecasting, Direct Mail Response, and account-level valuation domains.
  • Provide end-to-end ownership of the model development lifecycle, including problem framing, conceptual design, data analysis, model construction, validation, documentation, deployment, and user enablement.
  • Administer a rigorous model monitoring framework to ensure models remain accurate, stable, and refreshed at appropriate intervals. Investigate performance issues, identify root causes, and recommend appropriate corrective actions when models do not perform as expected.
  • Communicate insights and recommendations to senior leadership and contribute to strategic business planning.
  • Proactively develop additional ad hoc reporting and data visualizations to support modeling initiatives and decision-making.
  • Serve as subject matter expert for the model attributes and performance, influencing strategy and providing ongoing support.
  • Offer statistical guidance in the design of experiments aimed at optimizing Product, Marketing, and Credit strategies.

Compliance with Laws and Regulations
  • Responsible for complying with all of the Bank's internal control policies and procedures.
  • Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
  • Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.

Additional Responsibilities
  • Perform other duties as assigned by senior management.
  • Maintain ethical standards, judgment, and confidentiality in all matters.

Requirements for Success:
Education & Experience:
  • Bachelor's degree in quantitative fields (e.g., Data Science/Analytics, Statistics/Applied Math, Economics, Engineering or Sciences) is required.
  • Advance Degree (Master's or PhD) in quantitative fields (e.g., Data Science/Analytics, Statistics/Applied Math, Economics, Engineering or Sciences) is preferred.
  • Three (3) years of hands-on experience with a bachelor's degree, or two (2) year's hands-on experience with a master's degree, in quantitative fields (same as above).

Knowledge, Skills and Capabilities:
  • Profound expertise with SQL and at least one scripting language such as Python, R, or Shell.
  • Proficiency with Microsoft Office tools including Excel, Word and PowerPoint.
  • Strong verbal, written, and interpersonal communication skills.
  • Proven ability to collaborate effectively within cross-functional teams.
  • Ability to navigate ambiguity and work hands-on with complex business and technical challenges.
  • Strength in problem-solving, critical thinking, teamwork, attention to detail, and organization.
  • High curiosity and learning agility, with a strong sense of initiative and a willingness to roll up one's sleeves.

#INDHP1
Why join us
We believe in putting people first by supporting our customers, employees and our partners while creating opportunities for everyone to reach their potential. From fostering work-life balance to rewarding good work and innovative ideas, we invest in what matters most, our people.
At Merrick Bank, you'll be part of a collaborative, customer-focused team where you can grow your career while making a meaningful impact.
Our Employee Value Proposition
  • Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
  • Benefits Package -Medical, Dental, and Vision (plus much more)
  • 401(k) Plan with Company Match
  • Short- & Long-Term Disability
  • Wellness Programs
  • Group Life and AD&D Insurance
  • Paid Vacation, Sick Days and bank Holidays
  • Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition

We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite. Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location.
We are proud to be an equal opportunity employer. All qualified applicants will receive consideration without regard to age, race, color, sex, or gender identity/expression (including pregnancy, childbirth, transgender status, or sexual orientation), religion or creed, ancestry, citizenship, national origin, disability, military or veteran status, marital status, genetic information, or any other characteristic protected by applicable law.
We do not tolerate discrimination, harassment, or retaliation. Employment decisions are based solely on qualifications, merit, and business needs. Everyone is welcome here, and we hire based on your ability to do the job, not any protected characteristics.
If you need help or reasonable accommodation during the application or hiring process, please let your TA Partner know.