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Remote Risk Quant Jobs in Michigan (NOW HIRING)

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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:
Auditor 9-12 (Commission Audits)

Auditor 9-12 (Commission Audits)

State of Michigan

Lansing, MI • On-site, Remote

$24.44 - $45.78/hr

Other

Posted 16 days ago


State Of Michigan rating

7.9

Company rating: 7.9 out of 10

Based on 184 frontline employees who took The Breakroom Quiz

12th of 50 rated states


Job description

Job Description Multiple vacancies may be filled utilizing this posting This position primarily assists in and/or performs attestation reviews/risk assessments that adhere to generally accepted government auditing standards (GAGAS) for contracts of consultants and railroad companies and performs internal audits/risk assessments of the bureaus, offices, and regions of the Michigan Department of Transportation's (MDOT) organizational entities and processes. The auditor position may be tasked with completing special assignments and investigations. The auditor position may also assist in and/or conduct reviews of pre-awards, proposed agreements, prequalification reviews, and Certified Public Accountant (CPA) working papers.

This position may also assist in and/or perform attestation reviews that adhere to GAGAS for costs for contracts of local units of government, planning agencies, public transit authorities and agencies, universities, public utilities, and others doing business with MDOT for highway maintenance, transportation services, construction, relocation of utility facilities, improvements on federal aid systems, economic development projects, and other services. The auditor position is also responsible for performing other duties as assigned, and as needed, can be rotated within the Office of Commission Audits (OCA). The "Salary" listed above is a range that reflects the minimum rate at the entry (9) level through the maximum rate at the advanced (12) level.

Based on education and experience, candidates will be reviewed to determine what level they are qualified for. For additional information, please see the links below: Auditor 9-P11 Position Description Auditor 12 Position Description All about MDOT Based on operational needs and within established limits, remote work and alternate work schedule requests for this position may be considered. For information on benefits, visit www.mi.gov/employeebenefits or www.mi.gov/orsstatedc

The State of Michigan has been recognized as a leading U.S. employer by new graduates from 2021-2023 and a best large U.S. and state employer

Recognized on the international stage for fostering positive employee engagement, the State of Michigan is a past recipient of a North America Government Agency Employees Engagement Award. Required Education and Experience Education Possession of a bachelor's degree with at least 24 semester (36 term) credits in accounting. NOTE: We may consider applicants that will be obtaining a bachelor's degree with at least 24 semester (36 term) credits in accounting by May 31, 2026.

Experience Auditor 9 No specific type or amount is required. Auditor 10 One year of professional experience auditing accounting, financial, and operations records equivalent to an Auditor 9. Auditor P11 Two years of professional experience auditing accounting, financial, and operations records equivalent to an Auditor, including one year equivalent to an Auditor 10.

Auditor 12 Three years of professional experience auditing accounting, financial, and operations records equivalent to an Auditor, including one year equivalent to an Auditor P11. Alternate Education and Experience Alternate Education and Experience Auditor 9 - 12 Possession of a bachelor's degree with at least 24 semester (36 term) credits in one or a combination of the following: finance, economics, information systems, business analytics, data analytics, statistics, quantitative methods, data science, or management may be substituted for the education for agency positions responsible for internal auditing or Office of Auditor General positions responsible for auditing. Possession of a Certified Internal Auditor certification or a Certified Information System Auditor certification may be substituted for one year of experience at the P11 level for positions responsible for internal auditing.

Possession of a Certified Management Accountant certification (CMA) may be substituted for six months of experience at the P11 level. Possession of a Certified Public Accountant certification (CPA) may be substituted for one year of Auditor experience. Additional Requirements and Information To be considered for this position you must: Attach a detailed resume and cover letter.

If applicable, attach a copy of your official college transcripts and/or foreign degree evaluation with your application. Click here for the State of Michigan (SOM) definition of an Official College Transcript. Applicants who possess foreign degrees must have their academic credentials evaluated or converted into U.S

educational equivalents. Civil Service accepts evaluations from organizations listed on the National Association of Credential Evaluation Services or the Association of International Credential Evaluators, Inc. View the job specification at: https://www.michigan.gov/mdcs/-/media/Project/Websites/mdcs/JOBSPECS/A/Auditor.pdf MDOT does not participate in E-Verify and does not sponsor visa applications

All newly hired state employees are required to submit and pass a pre-employment drug test and physical (if applicable) prior to their actual appointment. Criminal and driving records will also be checked if applicable. Any position offer will be conditional until results of the drug test, physical, criminal background, and driving records indicate eligibility for employment.

The department reserves the right to close this posting prior to its original end date once a sufficient number of applications have been received. Your application for any position does not guarantee that you will be contacted by the Department for further consideration. Only those applicants interviewed will be notified of the results.

The use of artificial intelligence (AI) software of any kind is prohibited in all areas of the selection process including, but not limited to, responses to application questions and responses to interview questions or exercises. If you have questions related to this posting, please contact Camryn Nauta at nautac@michigan.gov. Accommodations If you require a reasonable accommodation to participate in the application or selection processes, please contact the ADA coordinator for the agency that posted this position vacancy.


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