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Quantitative Risk Jobs in Arizona (NOW HIRING)

SRP

Financial Risk Management Analyst

Tempe, AZ

Perform quantitative analysis, modeling, and valuation to assess commodity positions, hedging ... risk-related initiatives. * Maintain robust compliance with Board-established trading policies by ...

USAA

Model Validator (Mid-Level) - Fraud/AML

Phoenix, AZ · Hybrid

$93.77K - $179.24K/yr

Executes the model validation oversight process compliant with the written risk and compliance ... OR advanced degree (e.g., Master's, PhD) in a quantitative field, such as Economics, Mathematics ...

New

City National Bank

Business Controls Manager

Gilbert, AZ · On-site

Execute essential risk program functions, including Risk and Control Self Assessments (RCSA's), Key ... Structuring and building quantitative and qualitative/conceptual analyses * Knowledge in Financial ...

City National Bank

Business Controls Manager

Phoenix, AZ · On-site

Execute essential risk program functions, including Risk and Control Self Assessments (RCSA's), Key ... Structuring and building quantitative and qualitative/conceptual analyses * Knowledge in Financial ...

USAA

Data Scientist Senior

Phoenix, AZ

Develops and deploys models within the Model Development Control (MDC) and Model Risk Management ... OR 4 years of experience in statistics, mathematics, quantitative analytics, or related experience ...

New

USAA

Mid-Level Decision Science Analyst

Phoenix, AZ · On-site +1

... with risk and compliance policies and procedures. What you have: * Bachelor's degree in quantitative analytics field such as Economics, Finance, Statistics, Mathematics, Actuarial Sciences ...

New

USAA

Senior Decision Science Analyst

Phoenix, AZ · On-site +1

$87.40K - $115.70K/yr

... with risk and compliance policies and procedures. What you have: * Bachelor's degree in quantitative analytics field such as Economics, Finance, Statistics, Mathematics, Actuarial Sciences ...

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All JobsQuantitative Risk JobsQuantitative Risk Jobs in Arizona

Quantitative Risk information

See Arizona salary details

$28.9K

$84.4K

$136.1K

How much do quantitative risk jobs pay per year?

As of May 29, 2026, the average yearly pay for quantitative risk in Arizona is $84,410.00, according to ZipRecruiter salary data. Most workers in this role earn between $32,600.00 and $110,900.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Quantitative Risk Analyst, and why are they important?

To thrive as a Quantitative Risk Analyst, you need strong analytical skills, expertise in statistics and mathematics, and a relevant degree such as finance, mathematics, or engineering. Familiarity with statistical software (such as R, Python, or SAS), risk modeling tools, and industry certifications like FRM or CFA is highly valued. Excellent problem-solving abilities, attention to detail, and effective communication skills help you interpret complex data and convey insights to stakeholders. These competencies are crucial for accurately assessing risk, supporting strategic decisions, and ensuring the financial stability of organizations.

How do Quantitative Risk professionals typically collaborate with other departments within a financial institution?

Quantitative Risk professionals frequently work with various teams such as trading, portfolio management, compliance, and IT. This collaboration helps ensure that risk models accurately reflect real-world exposures and regulatory standards. Effective communication is key, as Quantitative Risk staff must translate complex data and models into actionable insights for non-technical stakeholders. Regular cross-departmental meetings and project-based collaborations are common, promoting a dynamic and integrated work environment.

What is a Quantitative Risk Analyst?

A Quantitative Risk Analyst is a finance professional who uses mathematical models and statistical techniques to assess and manage financial risks for organizations, particularly in banking, investment, and insurance sectors. They analyze data, develop risk models, and help companies make informed decisions to minimize potential losses. Their work involves programming, data analysis, and communicating complex risk scenarios to stakeholders. Quantitative Risk Analysts play a crucial role in ensuring that organizations remain financially stable and compliant with regulatory requirements.

What is the difference between Quantitative Risk vs Quantitative Analyst?

AspectQuantitative RiskQuantitative Analyst
Primary FocusAssessing and managing financial risks using quantitative methodsDeveloping models and strategies to analyze financial data and inform investment decisions
Required CredentialsOften requires risk management certifications (FRM, PRM), advanced degrees in finance, mathematics, or statisticsTypically requires degrees in finance, economics, mathematics, or related fields; certifications like CFA may be common
Work EnvironmentFinancial institutions, risk management departments, banksInvestment firms, hedge funds, banks, financial services companies

Quantitative Risk professionals focus on identifying and mitigating financial risks through specialized models, while Quantitative Analysts develop analytical models to support trading, investment, and financial decision-making. Both roles require strong quantitative skills and often similar educational backgrounds, but their core objectives differ: risk management versus financial analysis and strategy development.

What are the most commonly searched types of Quantitative Risk jobs in Arizona? The most popular types of Quantitative Risk jobs in Arizona are:
What are popular job titles related to Quantitative Risk jobs in Arizona? For Quantitative Risk jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk jobs in Arizona look for? The top searched job categories for Quantitative Risk jobs in Arizona are:
What cities in Arizona are hiring for Quantitative Risk jobs? Cities in Arizona with the most Quantitative Risk job openings:
Quantitative Risk jobs near you
Financial Risk Management Analyst

Financial Risk Management Analyst

Salt River Project

Tempe, AZ • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago

Salt River Project rating

9.0

Company rating: 9.0 out of 10

Based on 23 frontline employees who took The Breakroom Quiz

Job description

Requisition ID: 20118
Join us in building a better future for Arizona!
SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.
Why Work at SRP
At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. That's why we value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable and sustainable water and power.
SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:
  • Pension Plan (at no cost to the employee)
  • 401(k) plan with employer matching
  • Available your first day: Medical, vision, dental, and life insurance
  • Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)
  • Parental leave (up to 4 weeks) and adoption assistance
  • Wellness programs (including access to a recreation and fitness facility)
  • Short and long-term disability plans
  • Tuition assistance for both undergraduate and graduate programs
  • 10 Employee Resource Groups for career development, community service, and networking

Summary
This role focuses on financial analysis, forecasting, monitoring and reporting on organization's market exposure for various physical and financial commodities. The position is responsible for developing insights into market trends, revenue drivers, and risk to support strategic decision-making for Finance, the Risk Oversight Committee and across Supply & Trading & Fuels. The selected candidate will build and maintain financial models, evaluate market scenarios, and support the development of forward-looking plans and forecasts for energy commodities including natural gas, power, and related markets with a strong focus on risk.
What You'll Do
  • Conduct financial and economic analysis to support planning, forecasting, and pricing strategies across SRP's commodity portfolio (natural gas, power, emissions, and related products).
  • Develop and maintain forecasting and valuation models to assess revenues, costs, and margin under various market scenarios.
  • Analyze market trends, supply/demand fundamentals, and pricing dynamics to inform short- and long-term financial planning.
  • Support the development of budgets, financial plans, and outlooks related to commodity activity and hedging strategies.
  • Evaluate potential transactions and strategies through scenario modeling, sensitivity analysis, and risk-adjusted financial metrics.
  • Produce executive-level reporting and insights on financial performance, market conditions, and key drivers of variance to plan.
  • Partner with Supply & Trading & Fuels, Finance, and Pricing teams to translate operational activity into financial implications and actionable insights.
  • Develop dashboards and reporting tools (Power BI, SQL, Excel) to track key financial, operational, and market indicators.
  • Support revenue forecasting and price-setting processes by analyzing cost drivers, demand assumptions, and market conditions.
  • Provide analytical support for strategic initiatives, including long-term resource planning, pricing proposals, and large customer analysis.
  • Perform ad hoc financial analyses and business case evaluations to support leadership decision-making.
  • Perform quantitative analysis, modeling, and valuation to assess commodity positions, hedging strategies, and transaction economics.
  • Develop and maintain reporting, dashboards, and data tools (Power BI, SQL, Excel) to support financial insights, position tracking, and executive reporting.
  • Partner with internal teams to analyze transactions, monitor exposures and receivables, and support cross-functional financial and risk-related initiatives.
  • Maintain robust compliance with Board-established trading policies by monitoring trading floor activity.
  • Other duties as assigned.

Education
A bachelor's degree relevant to the assignment from an accredited institution is required.
Experience
This position may be filled at one of three levels outlined below, based on the candidate's relevant education, experience, or a combination of both that demonstrates the required knowledge, skills, and competencies.
  • Level 1 - Associate: In lieu of a degree, 4 years of relevant experience or an equivalent combination of education and experience totaling 4 years may be considered.
  • Level 2 - Journey: Minimum 2 years of relevant experience required. In lieu of a degree, 6 years of relevant experience or an equivalent combination of education and experience totaling 6 years may be considered.
  • Level 3 - Senior: Minimum 5 years of relevant experience required. In lieu of a degree, 9 years of relevant experience or an equivalent combination of education and experience totaling 9 years may be considered.

Eligibility for advancement (progression) to the next level in the same role is based on overall job performance, mastery of all functional responsibilities, and time in position, as assessed by the supervisor.
Additional Requirements and Qualifications
  • Strong analytical and modeling capabilities with the ability to translate complex data into clear financial insights.
  • Demonstrated ability to support budgeting, forecasting, and financial planning processes.
  • Understanding of market fundamentals and pricing dynamics, particularly in energy or commodity markets (preferred).
  • Ability to communicate financial concepts and insights effectively to both technical and non-technical stakeholders.
  • Advanced proficiency in Excel; experience with Power BI, SQL, or other data visualization/reporting tools preferred.
  • Analytical experience in Finance, Economics, Engineering, Mathematics, or related fields.

Hybrid Workplace
SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona.
Drug/Alcohol Policy Statement
To promote the safety and well-being of our employees, customers, and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process.
Equal Opportunity Employer Statement
Salt River Project (SRP) is committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, military status, or any other protected status under applicable federal, state or local law.
Work Authorization
All candidates must be legally authorized to work in the United States.
Currently, SRP does not sponsor H1B visas, OPT, or other employment-related visa's.

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