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Quantitative Risk Manager Jobs in Silver Spring, MD

Sallie_mae

Manager, Model Risk

Sterling, VA · On-site

Perform quantitative analysis and testing using relevant statistical techniques and programming ... As Manager, Model Risk, you will operate at the intersection of quantitative analytics, governance ...

Freddie Mac

Model Risk Senior Lead

Mclean, VA · On-site

At least 10 years of experience in model risk management, model governance, model validation, quantitative risk management, or related functions within a large, complex financial institution

Freddie Mac

Model Risk Senior Lead

Mclean, VA · On-site

At least 10 years of experience in model risk management, model governance, model validation, quantitative risk management, or related functions within a large, complex financial institution

Freddie Mac

Model Risk Senior Lead

Mclean, VA · On-site

At least 10 years of experience in model risk management, model governance, model validation, quantitative risk management, or related functions within a large, complex financial institution

Amicis Global

Quantitative Analyst

Washington, DC · On-site

Job Title: Quantitative Analyst Location: Onsite, Washington, DC (1100 15th Street NW) Schedule ... This role will support capital markets trading and market risk management by translating business ...

Freddie Mac

Quantitative Analytics Senior

Mclean, VA · On-site

... credit risk management, fixed-income derivatives valuation, and related business and risk ... The candidate should be self-motivated, has a strong quantitative and computational background, and ...

Freddie Mac

Quantitative Analytics Senior

Mclean, VA · On-site

Develop, implement, and maintain quantitative models primarily for counterparty credit risk ... Collaborate with Counterparty Credit Risk Management, model governance, model validation ...

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Quantitative Risk Manager information

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$115K

$175.2K

How much do quantitative risk manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for quantitative risk manager in Silver Spring, MD is $114,971.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,800.00 and $132,900.00 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 Silver Spring, MD?

For Quantitative Risk Manager jobs in Silver Spring, MD, the most frequently searched job titles are:

What job categories do people searching Quantitative Risk Manager jobs in Silver Spring, MD look for?

The top searched job categories for Quantitative Risk Manager jobs in Silver Spring, MD are:

What cities near Silver Spring, MD are hiring for Quantitative Risk Manager jobs?

Cities near Silver Spring, MD with the most Quantitative Risk Manager job openings:

Quantitative Risk Manager jobs near you
Infographic showing various Quantitative Risk Manager job openings in Silver Spring, MD as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $114,971 per year, or $55.3 per hour.

Pricing Manager in Power Markets, Quantitative Risk & Strategic Analysis

Tysons Corner, VA • Hybrid

Nodal Exchange
Finance and Insurance • 11 - 50 employees
Learn more about Nodal Exchangeexternal

Full-time

Re-posted 23 days ago

Key responsibilities

  • Manage the daily forward curve construction of power futures and options contracts and improve the pricing process.

  • Analyze market data, produce reports, and develop tools to automate workflows related to power markets.

  • Develop and assess risk management approaches for customer portfolios and power derivative contracts.

Job description

Description
Pricing Manager in Power Markets, Risk & Strategic Analysis
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodity markets. Nodal Exchange is a leader in innovation, having introduced the largest sets of environmental and electric power futures and options contracts in the world. All transactions on Nodal Exchange (power, environmental and natural gas) are cleared through its wholly owned clearing house, Nodal Clear, using its award-winning portfolio margining methodology. Nodal Clear also clears a broad set of crypto futures contracts for Coinbase Derivatives Exchange. As leaders in innovation, Nodal Exchange and Nodal Clear have built in-house most of the trading and clearing platforms that fuel our business. Nodal Exchange is part of the EEX Group which is in turn part of the Deutsche Börse Group.
We are now looking for talented, innovative individuals to join our team in Tysons Corner, VA (DC Metro area).

Key Responsibilities

Manager, Risk & Strategic Analysis
Primary responsibilities include:
  • Manage the daily forward curve construction of a large set of power futures and options contracts and continue improving the pricing process
  • Enhance the futures pricing methodology through fundamental analysis of the underlying power markets
  • Analyze multi-million row datasets, produce reports to communicate with senior management, and create tools to automate workflows
  • Conduct research and synthesize information from a variety of sources, including the internal data, model outputs, and market/industry data and research reports, to monitor the competitive landscape and support the development of new power derivatives contracts and services
  • Develop and assess risk management approaches for customer portfolios, including pricing and risk management models for existing and new power derivative contracts
  • Manage inquiries from both internal (senior management and the Board) and external (customers and regulators) sources regarding the exchange operations
The ideal candidate will possess both a significant attention to detail, as well as an ability to synthesize broader patterns and business logic into recommendations to support the business development and risk management of the Exchange and the clearing house. Our business is data-oriented and strong analytical and quantitative skills are a must. Strong knowledge in power markets (such as financial transmission rights (FTR), power spot market, and power derivatives market, etc.) is a must. Previous experience in financial risk management is a plus. This is a hands-on role, and candidates should be excited to actively participate in delivering meaningful solutions and results.


Skills, Knowledge and Expertise
Requirements:
  • Bachelor’s degree or higher in quantitative finance, economics, statistics, applied mathematics, engineering or comparable area
  • 6+ years of experience working in quantitative analytical roles, ideally in financial service industries
  • 3+ years of experience in the power markets, such as power spot market and FTR market analysis. Experience in running power flow models and power grid analysis
  • Proficient in scripting language, such as Python or R (at least one is required)
  • Outstanding quantitative skills
  • Strong problem-solving ability
  • Strong communications skills
 Physical requirements:
  • Ability to work a hybrid schedule (3-days a week) onsite in Tysons Corner office
Salary Range: $170k - $230k total compensation per year. This does not include potential deferred compensation component.
Pay Transparency Notice: The salary range is based on the D.C. metro area. The successful candidate’s starting salary will vary depending on permissible, non-discriminatory factors including but not limited to qualifications, skills, and experience. Nodal also offers a wide range of benefits and perks for full-time employees, which may include target bonuses. 

Benefits
Nodal Employee Benefits and Perks: Nodal offers its employees a wide range of benefits designed to support health, well-being, and work-life balance:  https://nodalexchange.pinpointhq.com

Nodal Exchange, LLC does not discriminate on the basis of race, color, religion, sex, gender, sexual orientation, gender identity or expression, pregnancy, parental status, marital status, citizenship, national origin, age, disability, genetic information, military status, veteran status, physical or mental health, hairstyle, or any other characteristic protected by federal, state or local law with respect to recruitment, hiring, training, promotion, or in any other terms and conditions of employment. Nodal Exchange is an E-verify participant.
Applicants for this position must be currently authorized to work in the United States on a full-time basis