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Remote Risk Quant Jobs in Wheaton, IL (NOW HIRING)

Lead Risk Systems Developer

Chicago, IL ยท On-site +1

$115K - $160K/yr

... quantitative fields) * Experience with BI reporting tools * Experience with and understanding of software testing methodologies Benefits: * Competitive salary and benefits package * Flexible, remote ...

Lead Risk Systems Developer

Chicago, IL ยท On-site +1

$115K - $160K/yr

... quantitative fields) * Experience with BI reporting tools * Experience with and understanding of software testing methodologies Benefits: * Competitive salary and benefits package * Flexible, remote ...

Automation Project Manager (Remote)

Chicago, IL ยท On-site +1

$97K - $128K/yr

You will independently generate solutions, based on strong quantitative and analytical skills and ... risk of error * Monitor and maintain automation post-implementations and resolve any potential ...

Data Scientist

Chicago, IL ยท On-site +1

$90K - $130K/yr

With offices in Chicago, Miami, and around the world through the power of remote work, we are a ... Use advanced data analytics to understand consumer risk behavior trends, their impact on the ...

Data Scientist

Chicago, IL ยท On-site +1

$90K - $130K/yr

With offices in Chicago, Miami, and around the world through the power of remote work, we are a ... Use advanced data analytics to understand consumer risk behavior trends, their impact on the ...

... flood risk analysis, mapping, and related services on Federal Emergency Management Agency (FEMA ... Perform GIS database development, qualitative/quantitative analysis, and mapping as a member of a ...

App Store Product Manager

Chicago, IL ยท On-site +1

$80K - $130K/yr

After that, your schedule (in-office, hybrid, or remote) will be determined in alignment with ... Conduct qualitative and quantitative analysis to understand customer behavior and measure feature ...

Senior Analyst, AML Know Your Customer

Chicago, IL ยท On-site +1

$97K - $127K/yr

Reviewing higher and high risk client relationships to ensure that customer due diligence is ... A./B.S. degree; quantitative or technical degree a plus Circle is on a mission to create an ...

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Remote Risk Quant information

See Wheaton, IL salary details

$94.7K

$164K

$250.8K

How much do remote risk quant jobs pay per year?

As of Jul 2, 2026, the average yearly pay for remote risk quant in Wheaton, IL is $164,044.00, according to ZipRecruiter salary data. Most workers in this role earn between $130,000.00 and $192,300.00 per year, depending on experience, location, and employer.

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 job categories do people searching Remote Risk Quant jobs in Wheaton, IL look for? The top searched job categories for Remote Risk Quant jobs in Wheaton, IL are:
What cities near Wheaton, IL are hiring for Remote Risk Quant jobs? Cities near Wheaton, IL with the most Remote Risk Quant job openings:

Senior Valuation Specialist (Remote)

HARVEST VALUATIONS

La Grange Park, IL โ€ข Remote

$150K - $175K/yr

Other

Medical, Retirement, PTO

This job post hasย expired 1 day ago.ย Applications are no longer accepted.


Job description

Summary

This position supports a valuation practice that provides fairโ€‘value measurements, complex financial instrument modeling, and auditโ€‘ready valuation analyses for CPA firms, banks, and investment funds. This role focuses on developing robust valuation models, analyzing market data, and preparing highโ€‘quality deliverables used for financial reporting under U.S. GAAP and IFRS. The ideal candidate combines strong quantitative skills with a deep understanding of financial instruments, valuation methodologies, and the reporting requirements of financial institutions and investment entities.

Key Responsibilities

  • Develop and maintain valuation models for fixed income structured products (CLO, CMBS, etc.), private credit, distressed debt, private equity, derivatives, and other complex financial instruments.
  • Develop comprehensive financial models encompassing discounted cash flow, market multiple, market transactions, and option pricing analyses.
  • Gather and report market data (yield curves, credit spreads, liquidity metrics) to ensure accurate and timely model inputs.
  • Conduct model validation including sensitivity analysis, backโ€‘testing, and documentation of model assumptions and limitations.
  • Build and maintain effective control processes to monitor and track changes in the assumptions of valuation models
  • Challenge and refine prices using market data, comparable instruments, and model-based approaches.
  • Identify control gaps and process pain points; design and implement improvements to reduce manual work and operational risk.
  • Support internal teams and external clients to address valuation questions and ensure transparency in methodologies.
  • Contribute to process improvements and automation projects


Qualifications

  • Bachelorโ€™s or masterโ€™s degree in finance, economics, mathematics, or a related quantitative field.
  • 5+ years experience valuing financial instruments for a CPA firm or an independent valuation firm.
  • Experience building valuation models (DCF, Comp Multiple and Option Models)
  • Strong understanding of valuation techniques including market, transaction and income approaches for private equity, preferred and fixed income instruments.
  • Solid knowledge of valuation procedures and techniques across diverse asset classes equities, fixed income, derivatives, structured products, and private assets
  • Strong knowledge of ASC 820 fair value measurement principles.
  • Expertise in advanced Excel and other complex modeling systems
  • Familiarity with quantitative and qualitative market data sources such as Bloomberg, Trepp, Intex, Cap IQ, etc.
  • Strong communication skills and experience interacting with teammates and clients
  • Ability to train and lead staff
  • Strong critical thinking and problem-solving skills.
  • Experience with valuation of Level 2 and Level 3 assets.

Preferred

  • Certified or progressing toward CFA, CPA, CVFI, or Series 7.
  • Experience working with or supporting CPA firms, audit teams, or financial statement preparation.
  • Familiarity with fund valuation practices and bank regulatory reporting.

Core Competencies

  • Self-starter with ability to work independently and collaboratively
  • Quantitative modeling and analytical rigor
  • Technical understanding of financial instruments
  • Precision and attention to detail
  • Ability to communicate complex valuation concepts clearly
  • Clientโ€‘service mindset and responsiveness
  • Strong documentation and organizational skills


Physical Requirements:

  • Ability to sit for extended periods while performing computer-based tasks.
  • Frequent use of computer, keyboard, and office equipment.


Remote Work Environment Requirements:

  • Dedicated, quiet workspace free from distractions to maintain focus and accuracy.
  • Reliable high-speed internet connection to support secure document processing and collaboration.
  • Ability to meet deadlines in a remote setting while maintaining attention to detail.
  • Strong self-discipline and time management skills to work independently and efficiently.
  • Comfortable using remote communication tools (e.g. email, Microsoft Teams, Zoom) for team collaboration.


Benefits:

This is a full-time position with competitive compensation and good work/life balance.

  • Health insurance
  • Paid Time Off
  • Disability insurance
  • Paid holidays
  • 401k with employer contribution
  • Remote work environment
  • Generally, promotion within firm


Harvest Valuations LLC is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.

We are not seeking agency assistance with this role.

We are unable to consider candidates who require current or future visa sponsorship for employment in the United States. Candidates must be authorized to work in the US without current or future visa sponsorship or transfer.