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

Jobsbridge

Sr Quant QA Engineer

Pasadena, CA · On-site

Create, execute, track and report on model validation, functional and integration test cases of highly quantitative risk management applications. Validate business rules in calculations and ...

Franklin Templeton

Quantitative Developer

Pasadena, CA · On-site

$140K - $170K/yr

As a forward thinking asset manager, we build dynamic relationships with clients, understand their ... This role focuses on portfolio and security-level risk analytics, data pipelines, and production ...

Franklintempleton

Quantitative Developer

Pasadena, CA · Hybrid

$140K - $170K/yr

As a forward thinking asset manager, we build dynamic relationships with clients, understand their ... This role focuses on portfolio and security-level risk analytics, data pipelines, and production ...

Cathay Bank

AVP, Business Risk Analyst

El Monte, CA · On-site

$93K - $114K/yr

Bachelor's degree in Finance, Risk Management, Economics, Data Analytics, Statistics, Mathematics, or other major within quantitative disciplines is required. Experience: Must have a minimum of 3-5 ...

Cathay Bank

AVP, Risk ID & Aggregation

El Monte, CA · On-site

Develop, manage, and enhance relevant policies and procedures in alignment with the Bank's Risk ... Evaluate the materiality of identified risks using qualitative and quantitative assessment methods.

The TCW Group

Lead Quantitative Engineer

Los Angeles, CA · On-site

$110K - $145K/yr

... and risk management across TCW's investment strategies. The Lead Quant Engineer is a senior individual contributor responsible for the architecture, technical leadership, and hands-on engineering ...

BNY

Vice President, Model Risk Management

Los Angeles, CA · On-site +1

$129K - $179K/yr

Performing quantitative modelling, numerical analysis, and computational methods using programming languages including C/C++, C#, Java, FORTRAN, MATLAB, SAS as well as mathematical or statistical ...

Corebridgefinancial

Tech Expert Risk

Los Angeles, CA · Hybrid

$100K - $130K/yr

Market Risk Management (MRM) & Financial Quantitative Analytics (FQA) Reports to: Head of MRM Reporting and Operations About the role The MRM Operations & Reporting Team performs daily functions in ...

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All JobsQuantitative Risk JobsQuantitative Risk Manager JobsQuantitative Risk Manager Jobs in Walnut, CA

Quantitative Risk Manager information

See Walnut, CA salary details

$52.5K

$113.7K

$173.2K

How much do quantitative risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for quantitative risk manager in Walnut, CA is $113,681.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,700.00 and $131,500.00 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 Walnut, CA are hiring for Quantitative Risk Manager jobs? Cities near Walnut, CA with the most Quantitative Risk Manager job openings:
Quantitative Risk Manager jobs near you
Quantitative Model Risk Officer (Remote WA, OR, ID & CA)

Quantitative Model Risk Officer (Remote WA, OR, ID & CA)

Banner Bank

Los Angeles, CA • On-site, Remote

$117K - $154K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago

Banner Bank rating

8.7

Company rating: 8.7 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

23rd of 149 rated banks

Job description

More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.

With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.

Join a collaborative team dedicated to strengthening safe and sound banking practices through effective model risk management. In this role, you'll play a critical part in validating and monitoring complex models that inform key business decisions. Your work will help ensure accuracy, compliance, and confidence across the organization.
In this role you'll
  • Perform full-scope validations and periodic reviews of financial and risk models to assess conceptual soundness, data integrity, performance, and governance
  • Design and implement model test plans, including reusable code and analytical tools to support future validations
  • Partner with business units to monitor ongoing model performance and ensure alignment with expectations
  • Collaborate with stakeholders to support adherence to model development and implementation standards
  • Contribute to model governance activities, including model inventory, risk rating, and tracking across the bank
  • Prepare clear, thorough validation reports and presentations for senior leadership
  • Maintain detailed documentation and track progress on model risk initiatives
  • Stay current on industry trends, regulatory expectations, and emerging practices in model risk management
 
What we're looking for
  • You have a Master's degree in Statistics, Mathematics, Economics, Finance, or another quantitative discipline (Required).
  •  An equivalent combination of education and experience can be considered in lieu of a degree.
  • You have 6 or more years of bank credit experience in model risk management, model development, or quantitative finance (Required)
What helps you shine
  • You apply advanced statistical and quantitative techniques to assess model assumptions, design, and performance
  • Bring hands-on experience with validation techniques such as back-testing, sensitivity analysis, stress testing, and benchmarking
  • You understand model risk management frameworks, regulatory guidance, and lifecycle governance standards
  • Communicate complex technical concepts clearly and effectively to both technical and non-technical audiences
  • You take initiative and consistently deliver accurate, high-quality work both independently and collaboratively
  • You are proficient in analytical tools such as Excel, R, SAS, and SQL
  • You identify model weaknesses and produce documentation that stands up to regulatory and audit review
 
Travel
  • up to 10%
Our Company Values
  • Do the right thing
  • Mutual respect
  • Teamwork
  • Accountability
 
What Our Team Says
"I have the opportunity to learn and grow every day in my current role. I love the work life balance, knowing that we work hard, and strive for high performance but we are celebrated."
Compensation & Benefits
  • Targeted starting salary range (based on experience): $117,249 - 154,493
  • Annual incentive potential
  • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time and 11 company paid holidays
  • 401k (with up to 4% match)
  • Tuition reimbursement
 
Review Banner's employee benefits at: Employee Benefits | Banner Bank

Please take time to review Banner Bank's Consent & Privacy notice before applying.

Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.

Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.
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