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Risk Quant Jobs (NOW HIRING)

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 ...

Develop, maintain, and enhance sophisticated quantitative risk models, analytical frameworks, and methodologies * Design modeling solutions to assess current and emerging risks, quantify exposures ...

Senior Financial Risk Analyst

Menlo Park, CA · On-site

$45.81 - $53.04/hr

Examine liquidity and market risk trends by performing quantitative reviews that surface vulnerabilities and emerging areas of concern. * Build, refine, and maintain forecasting approaches and ...

Showing results 41-60

Risk Quant information

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$98K

$169.7K

$259.5K

How much do risk quant jobs pay per year?

As of Sep 11, 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 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 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.

How hard is it to become a risk quant?

Becoming a risk quant typically requires a strong background in quantitative finance, mathematics, or engineering, along with programming skills in languages like Python or C++. Many risk quants hold advanced degrees such as a master's or Ph.D. and gain experience through internships or entry-level roles in finance or risk management. The role demands analytical ability, familiarity with risk models, and often certifications like FRM or CFA.
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Infographic showing various Risk Quant job openings in the United States as of September 2026, with employment types broken down into 1% As Needed, 90% Full Time, 7% Part Time, and 2% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $169,729 per year, or $81.6 per hour.

In-Business Risk Structurer for Equity Derivatives, Director

New York, NY • On-site

Citigroup, Inc.
Banking and Credit Intermediation • 5 - 10K employees

$200K - $300K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 11 days ago


Citibank rating

8.4

Company rating: 8.4 out of 10

Based on 179 frontline employees who took The Breakroom Quiz


Job description

Citi is looking for a senior in-business risk professional who will report into the Global Head of In-Business Risk (IBR) and have responsibility for counterparty risk management. In-Business Risk is a global team with product and risk expertise across the Equities franchise, and partners closely with many areas within the firm. This role will help shape how we drive business and take counterparty risk in Equity Derivatives. Over time there may be opportunity to contribute to Futures & Derivatives Clearing (FDC), Cash Equities, and/or FIPB. The candidate should have a deep working knowledge of institutional risk management techniques and broad expertise across relevant products, specifically in non-linear and exotic products (e.g. variance swaps, hybrid options, and complex options structures).
Key Responsibilities:
  • Oversee client trading activity, set margin levels, and monitor active portfolios to ensure that risks are controlled and optimally sized
  • Communicate risk view to senior management and represent IBR in senior forums with key stakeholders across the firm. Be able to articulate and defend a divergent view
  • Perform trade and portfolio risk analysis incorporating scenario stress testing, sensitivity analysis, and assess margin adequacy
  • Interface with clients to help Citi grow the platform and find win-win outcomes
  • Formulate views around product risk appetite and be able to review and challenge business stakeholders asks
  • Drive solutions that require creative thinking and collaborating with key partners in Structuring, Trading, Sales, and Risk
  • Establish limit structures/controls and processes to ensure that clients operate within limits
  • Review counterparty portfolio exposure and synthesize market conditions, client's positioning, and trading desk feedback into a cohesive narrative in order to articulate key points to management and Credit Risk
  • Work closely with Sales/Client Onboarding teams at inception to facilitate new client relationships
  • Work with partners in Market Risk, Quant (MQA), and others and stress test developers to create and utilize models for accurate measurement of clients' overnight or intraday exposure. This may encompass VaR, scenario stress testing, sensitivities, and liquidation costs
  • Leverage internal AI tools to make self and team more efficient and productive.

Knowledge/Experience:
  • Extensive experience actively managing risk (1LoD) in an institutional setting
  • Expertise in Equity Derivatives products (vanilla and exotic OTC derivatives, QIS and hybrids).

Skills:
  • 12+ years experience in a comparable role
  • Exceptional analytical skills with strong attention to detail and a demonstrated aptitude for tackling analytical issues through quantitative modelling
  • Ability to work collaboratively with cross-functional teams from Structuring, Sales, Trading, Credit Risk, Operations and Compliance
  • Excellent written and verbal communication skills
  • Keen ability to balance risk and reward to facilitate business growth while effectively managing risk
  • Ability to challenge the status quo and re-engineer processes, looking for ways to do things more efficiently and effectively
  • Scenario stress testing acumen and modelling skills desirable
  • Programming skills desirable but not required in any of the following: Python, C++, Excel (VBA), SQL.

Education:
  • Bachelor's degree or equivalent
  • Master's degree or CFA/FRM desirable.

Job Family Group:
Institutional Trading
Job Family:
Structuring
Time Type:
Full time
Primary Location:
New York New York United States
Primary Location Full Time Salary Range:
$200,000.00 - $300,000.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi's EEO Policy Statement and the Know Your Rights poster.

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About Citigroup Inc

Sourced by ZipRecruiter

We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We have set expectations for how we must act to bring our mission to life. These expectations are at the heart of our Leadership Principles – we take ownership, we deliver with pride and we succeed together.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

New York City, NY, US