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Remote Risk Quant Jobs in Michigan (NOW HIRING)

Brightwing

Dealer Auditor-Remote

Auburn Hills, MI · Remote

$35 - $40/hr

... model Quantitative, analytical, and detail-oriented Possesses excellent interpersonal and ... Knowledge of risk management, control objectives/activities, and automated/manual controls ...

CSAA

... risk segmentation, and enhance operational efficiency. * Lead qualitative and quantitative research ... We embrace a remote-first culture through our Flexible Workplace. Most employees hold Home-Flex ...

All JobsRemote Risk Quant JobsRemote Risk Quant Jobs in Michigan

Remote Risk Quant information

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

To thrive as a Remote Risk Quant, you need strong quantitative analysis skills, a background in mathematics, statistics, or finance, and typically an advanced degree such as a master's or PhD. Proficiency in programming languages like Python, R, or MATLAB, and familiarity with risk management systems and financial modeling tools are crucial. Exceptional problem-solving, attention to detail, and effective remote communication skills set top candidates apart. These abilities are vital for accurately assessing financial risks, developing robust models, and collaborating efficiently within distributed teams.

What is the difference between Remote Risk Quant vs Remote Quantitative Analyst?

AspectRemote Risk QuantRemote Quantitative Analyst
Required CredentialsAdvanced degrees in finance, mathematics, or statistics; certifications like CFA or FRM often preferredSimilar credentials; degrees in math, finance, or engineering; certifications like CFA common
Work EnvironmentFinancial institutions, hedge funds, or risk management firms; primarily analytical and model development rolesFinancial firms, investment banks, or asset management; focus on data analysis and model building
Employer & Industry UsageUsed in risk management, compliance, and regulatory roles within financeUsed in trading, investment analysis, and quantitative research within finance

While both roles require strong quantitative skills and similar educational backgrounds, Remote Risk Quants focus more on assessing and managing financial risks, whereas Remote Quantitative Analysts often concentrate on developing models for trading or investment strategies. The roles overlap but differ mainly in their primary focus within the financial industry.

What are some common challenges faced by Remote Risk Quants and how can they be managed effectively?

Remote Risk Quants often encounter challenges such as limited access to real-time data streams, maintaining clear communication with on-site teams, and ensuring data security when working offsite. To manage these effectively, it's important to establish robust digital collaboration practices, utilize secure remote access tools, and maintain regular check-ins with stakeholders. Additionally, being proactive in seeking feedback and clarifications helps mitigate misunderstandings and keeps risk analysis aligned with organizational goals.

What are Remote Risk Quants?

Remote Risk Quants are quantitative analysts who work remotely to assess, measure, and manage financial risks for organizations. They use mathematical models, statistical techniques, and programming skills to analyze large datasets and forecast potential risks in investments, portfolios, or financial operations. By working remotely, they collaborate with teams using digital communication tools and often have flexible work arrangements. Their expertise is essential for financial institutions, hedge funds, and corporations to make data-driven risk management decisions.
What are the most commonly searched types of Risk Quant jobs in Michigan? The most popular types of Risk Quant jobs in Michigan are:
What are popular job titles related to Remote Risk Quant jobs in Michigan? For Remote Risk Quant jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Remote Risk Quant jobs in Michigan look for? The top searched job categories for Remote Risk Quant jobs in Michigan are:
What cities in Michigan are hiring for Remote Risk Quant jobs? Cities in Michigan with the most Remote Risk Quant job openings:
Remote Risk Quant jobs near you
Principal Credit Risk & Pricing Analyst

Principal Credit Risk & Pricing Analyst

Citizens Bank

Lansing, MI • On-site, Remote

$143K - $180K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago

Job description

Job Description
The Credit Risk Sr Professional will be a critical member of the Home Equity Credit Risk Team, generating the statistical analysis used to inform credit strategy. Will work with our data resources to formulate policy recommendations, communicate those recommendations to important stakeholders, and collaborate with diverse teams to see those recommendations implemented successfully. Will be expected to wear multiple hats, solving problems across the full credit lifecycle and will have the opportunity to take ownership of solutions and see them through to completion in a fast-paced, challenging environment.
Primary responsibilities include:
  • Utilize analytical and technical skills to uncover insights, develop policy recommendations, and solve critical business problems.
  • Work with proprietary Citizens data in conjunction with bureau data, property data and alternative data sources to shape credit risk strategy.
  • Analyze portfolio trends and investigate emerging risks to drive optimization of credit policy in a constantly evolving landscape.
  • Design statistical and mathematical models for reporting and predictive analytics.
  • Develop, automate and deliver regular reports and communications to senior management.
  • Communicate recommendations and insights to key stakeholders to influence decision making.
  • Collaborate with diverse teams to see strategy proposals implemented successfully.

Qualifications:
  • 3+ years of Credit Risk experience - preferably real estate lending (mortgage and/or home equity).
  • 3+ years of relevant experience in a quantitative role utilizing statistical programing languages.
  • 3+ years Quantitative Skills - ability to develop and implement effective portfolio management routines that monitor key metrics, benchmark performance vs. peers, and identify emerging trends.
  • Expertise with one or more of the following technologies required: SQL, Python, R, Tableau.
  • Ability to drive actionable outcomes from analytical insight and effectively communicate findings and recommendations to business leadership.
  • Exceptional problem-solving acumen with ability to think strategically.
  • Time Management - ability to prioritize competing assignments and thrive in a fast-paced results orientated environment.

Education:
  • Bachelor's degree in quantitative discipline required (Finance, Mathematics, Computer Science, Statistics, Engineering, etc.).
  • Masters/PhD in a quantitative discipline preferred.

Hours & Work Schedule
  • Hours per Week: 40
  • Work Schedule: 8:30am - 5:00pm, Monday - Friday

Role is hybrid, 4 days in office per week, 1 day remote
Pay Transparency
The salary range for this position is $143,705 - $180,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .
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About Us
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.
Equal Employment and Opportunity Employer
Job Applicant Data Privacy Policy
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.

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