ZipRecruiter

Log In

1

Quantitative Risk Jobs in Madison, WI (NOW HIRING)

Varsity Tutors

Business Statistics Tutor

Madison, WI · Remote

$40/hr

... quantitative coursework. * Conceptual Teaching & Problem-Solving: Skilled at breaking down ... risk analysis. * Curriculum Awareness & Adaptive Instruction: Familiar with business statistics ...

The Park Bank

SVP Credit Administration

Madison, WI · Hybrid

... a quantitative foundation for the banks review sampling and portfolio-level assessments, including Risk Assessments * Ensure all the bank's data touch points are in full compliance with all federal ...

Park Bank

SVP Credit Administration

Madison, WI · On-site

... a quantitative foundation for the banks review sampling and portfolio-level assessments, including Risk Assessments * Ensure all the bank's data touch points are in full compliance with all federal ...

Santander

CIB Vice President, Loan Trading

Madison, WI

$225K - $275K/yr

The individual will actively manage trading risk, provide liquidity to clients, develop investor ... Strong analytical and quantitative capabilities, including financial modeling and valuation ...

Stoughton Trailers

Director Sourcing

Stoughton, WI · On-site

... risk, improving quality and lead time while reducing cost. Manage team to execute value ... Meet with suppliers periodically to review their performance based on quantitative metrics. Develop ...

Santander

CIB Agency CMBS Associate

Madison, WI · On-site

$175K - $225K/yr

The role collaborates closely with Research, Operations, Risk, Finance, Legal, and Compliance ... Strong quantitative and qualitative skills. * Ability to be flexible, adapt to changing priorities ...

New

Stoughton Trailers, LLC

Director Sourcing

Stoughton, WI · On-site

... risk, improving quality and lead time while reducing cost. Manage team to execute value ... Meet with suppliers periodically to review their performance based on quantitative metrics. Develop ...

Stoughton Trailers

Director Sourcing

Stoughton, WI · On-site

... risk, improving quality and lead time while reducing cost. Manage team to execute value ... Meet with suppliers periodically to review their performance based on quantitative metrics. Develop ...

pcg

Mechanical Insulation Estimator

Madison, WI

$75K - $101K/yr

Perform quantitative takeoffs on construction projects * Establish labor productivities for ... Understand the market conditions including competitive approach, backlog, level or risk for work ...

pcg

Mechanical Insulation Estimator

Madison, WI · On-site

$75K - $101K/yr

Perform quantitative takeoffs on construction projects * Establish labor productivities for ... Understand the market conditions including competitive approach, backlog, level or risk for work ...

previous pagenext page

Showing results 21-40

All JobsQuantitative Risk JobsQuantitative Risk Jobs in Madison, WI

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 Sep 10, 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 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 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 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.

How hard is it to become a quantitative risk?

Becoming a quantitative risk professional typically requires a strong background in mathematics, statistics, or finance, often supported by a relevant degree such as a master's or Ph.D. in a quantitative field. Developing skills in programming languages like Python or R and understanding financial models are also important, and obtaining certifications such as FRM or CFA can enhance job prospects. The role demands analytical ability, attention to detail, and the capacity to work with complex data sets, making it a challenging but attainable career path for those with the right skills and education.

How much do quantitative risk analysts make?

Quantitative risk analysts typically earn a median annual salary of around $80,000 to $120,000, depending on experience, education, and location. Senior analysts or those in high-demand financial centers can earn over $150,000, often supplemented by bonuses and benefits. Strong skills in statistics, programming, and risk modeling tools are essential for higher compensation.

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:

Quantitative Risk jobs near you
Infographic showing various Quantitative Risk job openings in Madison, WI as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 10% Part Time, and 4% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $91,270 per year, or $43.9 per hour.

Senior Credit Analyst

Madison, WI • On-site

State of Wisconsin Investment Board
Finance and Insurance • 201 - 500 employees
Learn more about State of Wisconsin Investment Boardexternal

Full-time

Re-posted 23 days ago

Job description

Sophisticated Work. In a Great City. Making a Difference.
The State of Wisconsin Investment Board (SWIB) manages more than $178 billion in assets, including those of the fully-funded Wisconsin Retirement System (WRS). SWIB operates at a level more often seen in top-tier global asset managers than in typical public pension funds. SWIB is a home for top talent. Approximately 61 percent of SWIB's investment professionals are Chartered Financial Analyst (CFA) charterholders.
The City of Madison, the state capitol and home of Wisconsin's flagship university, makes regular appearances on lists of best places to live, eat, and play. SWIB offers a modern workspace, hybrid work options, and competitive compensation and benefits.
Serving over 703,000 WRS beneficiaries, SWIB is driven by a clear mission: securing the financial future of those who serve Wisconsin. When you work at SWIB, you know your work matters.
Job Description:
About the Team
The Fixed Income Strategies team manages over seventeen billion across five portfolios spanning rates, investment grade and leveraged credit, and structured products. The team integrates fundamental and quantitative insights and manages both long-only and long/short strategies. We emphasize disciplined portfolio construction, rigorous risk management, and collaborative decision-making across asset classes.
Position Overview
We are seeking an experienced Senior Credit Analyst to join our investment team. This role is responsible for conducting in-depth fundamental credit analysis across high yield and leveraged loan issuers, producing investment recommendations, and supporting portfolio construction. The ideal candidate brings strong analytical rigor, market awareness, and a proven ability to identify relative value opportunities in below-investment-grade debt.
Key Responsibilities
  • Perform investment research inclusive of credit analysis, deal write-ups, and financial modeling
  • Evaluate relative value across bonds, loans, and other credit instruments
  • Monitor existing portfolio holdings and provide ongoing risk assessments
  • Collaborate with portfolio managers on trade ideas and portfolio positioning
  • Engage with traders on market dynamics, liquidity, new issue
  • Track market trends, sector developments, and macroeconomic factors impacting credit markets
  • Generate written research reports and present investment recommendations to the investment team
  • Establish and maintain working relationships and dialogue with sell-side analysts, company management, industry experts and rating agencies,
  • Lead, mentor, and develop less seasoned credit analysts
  • Partner with quantitative and technology teams to build and enhance research and analytics platforms
  • Provide leveraged finance expertise across the firm and participate in cross-market strategies and trades

Qualifications
  • Minimum 10 years of experience in leveraged finance analytics, including advanced financial modeling and valuation skills
  • Demonstrated success identifying relative value opportunities within covered sectors
  • Strong understanding of credit markets, capital structures and distressed situations
  • Broad understanding of global fixed income and capital markets
  • Strong ability to collaborate effectively within a small team and across investment disciplines
  • Excellent written and verbal communication skills
  • Strategic mindset paired with exceptional attention to detail
  • Team-oriented professional with a positive, constructive approach
  • Familiarity with CLOs and private credit preferred
  • Proficiency with Bloomberg, Aladdin, or similar tools

*The internal title for this position is Senior Portfolio Manager
SWIB Offers:
  • Competitive total cash compensation, based on AON (formerly McLagan) industry benchmarks
  • Comprehensive benefits package
  • Educational and training opportunities
  • Tuition reimbursement
  • Challenging work in a professional environment
  • Hybrid work environment

The position requires U.S. work authorization.
Pursuant to our Hybrid Remote Work Policy, all staff have the flexibility to work remotely but are required to have a weekly presence in our offices, the frequency of which is dependent on their distance from office or the job position. Staff are not required to reside locally; however, we offer relocation reimbursement to the Dane County area per our policy.
All SWIB employees are subject to SWIB's Ethics Policy and Personal Trade Approvals Policy. These policies include restrictions on outside business activities and employment and have limits on personal trading. You may request copies of these policies from SWIB's talent acquisition team and any questions can be answered by SWIB's compliance team.

Apply