ZipRecruiter

Log In

1

Risk Quant Jobs (NOW HIRING)

Jefferies

SVP, Equity Derivatives Risk Quant

Manhattan, NY · On-site

$200K - $250K/yr

Collaborate with Market Risk, Credit Risk, SIMM, and Quantitative Risk Development teams to ensure consistency and robustness of risk measures across the equity platform. * Act as a senior subject ...

Quanta Search

Quantitative Risk Analyst

Manhattan, NY · On-site

Quantitative Risk Analysts perform research to identify opportunities for improved risk management, investment behavior, and portfolio construction, with the goal of helping the firm deliver superior ...

Whitecap

Managing Director

New York, NY · On-site

$80K/yr

Compensation : $ 80000 Job ID : 39525 Job Function: • Drive revenue across specialized verticals(Compliance, Ops, Risk, Quant, etc.). • Lead and grow a team of junior recruiters and account ...

The TCW Group

Risk Lead

Los Angeles, CA · On-site

$200K - $250K/yr

Position Summary The Risk Lead will direct the TCW's Portfolio Risk Management function within the Investment Risk & Quantitative Research (IRQR) department. Reporting to the Global Head of ...

next page

Showing results 1-20

All JobsRisk Quant Jobs

Risk Quant information

See salary details

$98K

$169.7K

$259.5K

How much do risk quant jobs pay per year?

As of Jun 21, 2026, the average yearly pay for risk quant in the United States is $169,729.00, according to ZipRecruiter salary data. Most workers in this role earn between $134,500.00 and $199,000.00 per year, depending on experience, location, and employer.

What are the typical daily responsibilities of a Risk Quant?

A Risk Quant typically spends their day developing and implementing quantitative models to measure and manage different types of financial risk, such as market, credit, or operational risk. They analyze data sets, conduct backtesting and stress testing, and report findings to risk managers or senior executives. Collaboration with traders, IT teams, and compliance professionals is also a routine part of the job to ensure models are both accurate and aligned with business goals. This role often involves continuous learning and adapting to new regulations, market conditions, and emerging quantitative techniques.

How much do risk quants get paid?

Risk quants typically earn between $100,000 and $200,000 annually, with senior professionals and those at top firms earning higher salaries and bonuses. Compensation often includes performance-based bonuses and may require advanced skills in quantitative analysis, programming, and risk modeling tools.

What is the salary of a quant risk analyst?

The salary of a risk quant analyst typically ranges from $80,000 to $150,000 annually, depending on experience, location, and the complexity of the role. Senior risk quants with advanced skills in programming and financial modeling can earn higher compensation, often exceeding $200,000 with bonuses and incentives.

What are the key skills and qualifications needed to thrive in the Risk Quant position, and why are they important?

To thrive as a Risk Quant, you need a solid background in quantitative finance, statistics, mathematics, and advanced analytical skills, typically supported by a relevant degree such as in math, physics, or financial engineering. Expertise in programming languages like Python, R, or C++, familiarity with statistical modeling tools, and knowledge of financial risk management certifications (e.g., FRM or CFA) are highly valued. Strong communication, problem-solving skills, and the ability to work collaboratively with cross-functional teams make someone stand out in this position. These skills are important for accurately assessing complex financial risks, developing effective models, and providing actionable insights within a dynamic financial environment.

What does a Risk Quant do?

A Risk Quant (Risk Quantitative Analyst) is responsible for identifying, measuring, and managing financial risks using mathematical models and statistical techniques. They develop risk models, analyze market and credit risk, and ensure regulatory compliance in financial institutions. Their work involves programming, quantitative finance, and data analysis to assess potential losses and optimize risk strategies. Risk Quants typically work in investment banks, hedge funds, and asset management firms.

What does a quantitative risk analyst do?

A quantitative risk analyst evaluates financial risks using mathematical models and statistical techniques to identify potential losses and inform decision-making. They analyze data, develop risk assessment tools, and often use programming languages like Python or R, as well as risk management software, to monitor and mitigate risks within organizations.

Do quants do risk management?

Risk quants, or quantitative analysts focused on risk, develop models and strategies to measure and manage financial risks such as market, credit, and operational risk. They often work closely with risk management teams and use tools like statistical analysis, programming, and risk assessment software to support decision-making and compliance. Their role is integral to implementing risk controls and ensuring financial stability within organizations.
More about Risk Quant jobs
What cities are hiring for Risk Quant jobs? Cities with the most Risk Quant job openings:
What are the most commonly searched types of Risk Quant jobs? The most popular types of Risk Quant jobs are:
What states have the most Risk Quant jobs? States with the most job openings for Risk Quant jobs include:
What job categories do people searching Risk Quant jobs look for? The top searched job categories for Risk Quant jobs are:
Risk Quant jobs near you
Infographic showing various Risk Quant job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 96% Full Time, 1% Temporary, and 2% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $169,729 per year, or $81.6 per hour.

Model Risk Quant Developer -Chicago, IL -Hybrid

FinTrust Connect LLC

Chicago, IL • Hybrid

$100 - $165/hr

Other

Posted 15 days ago

Job description

About the job Model Risk Quant Developer -Chicago, IL -Hybrid

  • Model Risk Quant Developer -Chicago, IL - Hybrid
FinTrust Connect Chicago IL Hybrid
Share Your Resume and Build Your Future!
Join our Talent Community for Chicago. The city shows steady contractor demand for quantitative developers who can partner with model risk and front office teams to ship production grade analytics and testing frameworks.
Requirements
  • 5 to 9 years in quant development or model engineering
  • Python expert with strong software engineering practices and Git based workflows
  • Experience packaging analytics for production use and validator reruns
  • Knowledge of market or credit or liquidity risk modeling techniques
  • Familiarity with CI and CD and containers and artifact registries
Responsibilities
  • Engineer model libraries and challenger models with clear APIs and documentation
  • Build scenario and sensitivity engines and quality checks for inputs and outputs
  • Maintain continuous testing and nightly backtests with alerts and dashboards
  • Work with stakeholders to translate regulatory asks into code and evidence
Outcomes we track
  • Nightly validation jobs success 99% with auto rerun and notify
  • Mean time to reproduce validation results < 1 hour
  • Repeat findings over two consecutive cycles 0
Compensation and terms
  • Consultant pay $100 to $165 per hour
  • Contract -Hybrid -Chicago, IL or Remote US W2 or 1099
How to apply
  • Apply on our site FinTrust Careers
  • Or email talent@FinTrustConnect.com with subject [Apply] Model Risk Quant Developer Chicago
  • Follow FinTrust Connect on LinkedIn

Keywords
Model Risk, Quant Developer, Python, Risk Analytics, CI CD, Unit Tests, Benchmarking, Challenger Models, SR 11 7, Data Lineage, Docker, Chicago

Apply