1

Quantitative Risk Jobs in Madison, WI (NOW HIRING)

Pharmacy Underwriter

Madison, WI

$88.80K - $152.30K/yr

... quantitative data and incorporates understanding into decision criteria * Possess an in depth understanding of the various Legal and Compliance implications within PBM in order to ensure risk ...

Pharmacy Underwriter

Madison, WI · On-site

$88.80K - $152.30K/yr

... quantitative data and incorporates understanding into decision criteria * Possess an in depth understanding of the various Legal and Compliance implications within PBM in order to ensure risk ...

CFP Tutor

Madison, WI · Remote

$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 ...

next page

Showing results 1-20

Quantitative Risk information

See Madison, WI salary details

$31.2K

$91.3K

$147.1K

How much do quantitative risk jobs pay per year?

As of May 29, 2026, the average yearly pay for quantitative risk in Madison, WI is $91,270.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,300.00 and $119,900.00 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 popular job titles related to Quantitative Risk jobs in Madison, WI? For Quantitative Risk jobs in Madison, WI, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk jobs in Madison, WI look for? The top searched job categories for Quantitative Risk jobs in Madison, WI are:
CIB - Securitized Products Trader - Associate / VP

CIB - Securitized Products Trader - Associate / VP

Santander

Madison, WI

$225K - $250K/yr

Full-time

Posted 25 days ago


Job description

CIB - Securitized Products Trader - Associate / VPCountry: United States of America

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what's possible. This is more than a strategic shift. It's a chance for driven professionals to grow, learn, and make a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

Role Overview
We are seeking an Associate / VP level Securitized Products Trader to join the Securitized Products team. This individual will support the trading, risk management, and market-making of securitized products, while contributing to client engagement and broader platform growth. The role requires strong market judgment, product knowledge, and interpersonal skills, with the ability to work effectively across trading, sales, research, and structuring.

Responsibilities

  • Support trading and market-making across securitized products

  • Monitor market developments, relative value opportunities, and sector trends to inform trading decisions

  • Manage risk and contribute to positioning, portfolio analysis, and inventory management

  • Partner with sales to identify client demand, communicate market color, and execute trading ideas

  • Work closely with research, structuring and other trading desks to evaluate opportunities across the securitized products platform

  • Build and maintain strong relationships with internal stakeholders and external market participants

  • Contribute to the development of trading strategy and franchise growth within securitized products trading

Qualifications

  • Experience in fixed income, structured products, or securitized markets

  • Strong interpersonal and communication skills, with the ability to collaborate effectively across teams and interact confidently with clients and counterparties

  • Strong securitized products experience required

  • Preferred backgrounds include securitized products trading, securitized products sales, or rating agency analyst

  • Strong analytical skills and familiarity with collateral, deal structures, and market dynamics

  • Demonstrated interest in markets, trading, and risk management

  • Experience with Intex, Bloomberg a plus

  • Strong Microsoft Excel skills required,programming ability a plus

  • Ability to synthesize quantitative and qualitative information quickly and make sound decisions in a fast-paced environment

  • High attention to detail and strong commercial judgment

Education

  • Bachelor's degree or equivalent experience

Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.
Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Working Conditions: Frequent Minimal physical effort such as sitting, standing, and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.
Employer Rights: Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range:

Minimum:

$225,000.00 USD

Maximum:

$250,000.00 USD

We Value Your Impact:

Your contribution matters and it's recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Working Conditions:

Frequent minimal physical effort such as sitting, standingand walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights:

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

What To Do Next:

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.