The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily responsibilities include code release ...
The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily responsibilities include code release ...
The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily responsibilities include code release ...
The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily responsibilities include code release ...
... Quantitative Risk Management (QRM) to develop and maintain risk models for margin, clearing fund ... Implement new models into model library and enhance existing models * Write and review ...
... Quantitative Risk Management (QRM) to develop and maintain risk models for margin, clearing fund ... Implement new models into model library and enhance existing models * Write and review ...
... Quantitative Risk Management (QRM) to develop and maintain risk models for margin, clearing fund ... Implement new models into model library and enhance existing models * Write and review ...
... Quantitative Risk Management (QRM) to develop and maintain risk models for margin, clearing fund ... Implement new models into model library and enhance existing models * Write and review ...
... Quantitative Risk Management (QRM) to develop and maintain risk models for margin, clearing fund ... Implement new models into model library and enhance existing models * Write and review ...
... Quantitative Risk Management (QRM) to develop and maintain risk models for margin, clearing fund ... Implement new models into model library and enhance existing models * Write and review ...
Junior Quantitative Risk Analyst
Chicago, IL · On-site
$90K/yr
... models. Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened ... What you'll do as a Junior Quantitative Risk Analyst at Akuna: We are looking for a motivated and ...
Junior Quantitative Risk Analyst
Chicago, IL · On-site
$90K/yr
... models. Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened ... What you'll do as a Junior Quantitative Risk Analyst at Akuna: We are looking for a motivated and ...
Manager, Structural Market Risk
Chicago, IL · On-site
$88K - $165K/yr
Model Development & Implementation * Coordinate the development, enhancement, and implementation of SMR models with the quantitative modeling team, including valuation of embedded options, customer ...
Manager, Structural Market Risk
Chicago, IL · On-site
$88K - $165K/yr
Model Development & Implementation * Coordinate the development, enhancement, and implementation of SMR models with the quantitative modeling team, including valuation of embedded options, customer ...
Junior Quantitative Risk Analyst
Chicago, IL · On-site
$90K/yr
... models. Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened ... What you'll do as a Junior Quantitative Risk Analyst at Akuna: We are looking for a motivated and ...
Junior Quantitative Risk Analyst
Chicago, IL · On-site
$90K/yr
... models. Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened ... What you'll do as a Junior Quantitative Risk Analyst at Akuna: We are looking for a motivated and ...
Manager, Structural Market Risk
$88K - $165K/yr
Model Development & Implementation * Coordinate the development, enhancement, and implementation of SMR models with the quantitative modeling team, including valuation of embedded options, customer ...
Manager, Structural Market Risk
$88K - $165K/yr
Model Development & Implementation * Coordinate the development, enhancement, and implementation of SMR models with the quantitative modeling team, including valuation of embedded options, customer ...
Sr Manager, Risk Analytics/Modeling
Chicago, IL · On-site
$138K - $215K/yr
Develop and maintain quantitative risk tools using various IT solutions including C#, Python, SQL ... Provide model documentation for internal and external governance, validation, and oversight. Study ...
Sr Manager, Risk Analytics/Modeling
Chicago, IL · On-site
$138K - $215K/yr
Develop and maintain quantitative risk tools using various IT solutions including C#, Python, SQL ... Provide model documentation for internal and external governance, validation, and oversight. Study ...
As a Quantitative Analytics & Model Consultant Senior within PNC's Market Risk Management organization, you will be based in Pittsburgh, PA / Charlotte, NC / New York City / Cleveland, OH ...
New
As a Quantitative Analytics & Model Consultant Senior within PNC's Market Risk Management organization, you will be based in Pittsburgh, PA / Charlotte, NC / New York City / Cleveland, OH ...
New
Chief Risk Officer
Chicago, IL · On-site
$259.25 - $320.25/hr
Develop the quantitative risk methodology and requirements for the Clearinghouse margin model, stress testing, and default management as new products are launched. * Enhance model and financial ...
Chief Risk Officer
Chicago, IL · On-site
$259.25 - $320.25/hr
Develop the quantitative risk methodology and requirements for the Clearinghouse margin model, stress testing, and default management as new products are launched. * Enhance model and financial ...
Quantitative Modeler Manager - AML
$56.50 - $73.25/hr
S. Bank Model Risk Governance standards, and collaborating with Model Risk Validation to address ... Basic Qualificati ons - Bachelor's degree in a quantitative field, and 10 or more years of relevant ...
Quantitative Modeler Manager - AML
$56.50 - $73.25/hr
S. Bank Model Risk Governance standards, and collaborating with Model Risk Validation to address ... Basic Qualificati ons - Bachelor's degree in a quantitative field, and 10 or more years of relevant ...
Chief Risk Officer (Chicago)
Chicago, IL · On-site
Develop the quantitative risk methodology and requirements for the Clearinghouse margin model, stress testing, and default management as new products are launched. * Enhance model and financial ...
Chief Risk Officer (Chicago)
Chicago, IL · On-site
Develop the quantitative risk methodology and requirements for the Clearinghouse margin model, stress testing, and default management as new products are launched. * Enhance model and financial ...
Develop and maintain quantitative risk tools using various IT solutions including C#, Python, SQL ... Provide model documentation for internal and external governance, validation, and oversight. Study ...
Develop and maintain quantitative risk tools using various IT solutions including C#, Python, SQL ... Provide model documentation for internal and external governance, validation, and oversight. Study ...
Chief Risk Officer
Chicago, IL · On-site
Develop the quantitative risk methodology and requirement for the Clearinghouse margin model, stress testing, and default management in developing new products, ensuring risk methodologies remain ...
Chief Risk Officer
Chicago, IL · On-site
Develop the quantitative risk methodology and requirement for the Clearinghouse margin model, stress testing, and default management in developing new products, ensuring risk methodologies remain ...
Chief Risk Officer
Chicago, IL · On-site
Develop the quantitative risk methodology and requirement for the Clearinghouse margin model, stress testing, and default management in developing new products, ensuring risk methodologies remain ...
Chief Risk Officer
Chicago, IL · On-site
Develop the quantitative risk methodology and requirement for the Clearinghouse margin model, stress testing, and default management in developing new products, ensuring risk methodologies remain ...
Quantitative Associate
Chicago, IL · On-site
$200K - $350K/yr
Build and maintain quantitative models to support pricing, underwriting, forecasting, and business ... Exposure to predictive modeling, risk modeling, or actuarial concepts. * Experience building ...
Quick apply
Quantitative Associate
Chicago, IL · On-site
$200K - $350K/yr
Build and maintain quantitative models to support pricing, underwriting, forecasting, and business ... Exposure to predictive modeling, risk modeling, or actuarial concepts. * Experience building ...
Quantitative Associate
Chicago, IL · On-site
$100 - $200/hr
Build and maintain quantitative models to support pricing, underwriting, forecasting, and business ... Exposure to predictive modeling, risk modeling, or actuarial concepts. * Experience building ...
Quantitative Associate
Chicago, IL · On-site
$100 - $200/hr
Build and maintain quantitative models to support pricing, underwriting, forecasting, and business ... Exposure to predictive modeling, risk modeling, or actuarial concepts. * Experience building ...
Quantitative Trader - Futures
Chicago, IL · On-site
$150K - $250K/yr
DRW is seeking a Senior Quantitative Trader (Delta One) to join the FICCO options trading business ... Strong understanding of derivatives pricing, volatility dynamics, and risk modeling * Deep ...
Quantitative Trader - Futures
Chicago, IL · On-site
$150K - $250K/yr
DRW is seeking a Senior Quantitative Trader (Delta One) to join the FICCO options trading business ... Strong understanding of derivatives pricing, volatility dynamics, and risk modeling * Deep ...
Seasonal Quantitative Risk Modeler information
See Chicago, IL salary details
$101K - $116.1K
15% of jobs
$116.1K - $131.2K
7% of jobs
$135.9K is the 25th percentile. Wages below this are outliers.
$131.2K - $146.3K
9% of jobs
$146.3K - $161.5K
14% of jobs
The median wage is $168.3K / yr.
$161.5K - $176.6K
12% of jobs
$176.6K - $191.7K
14% of jobs
$197.9K is the 75th percentile. Wages above this are outliers.
$191.7K - $206.8K
12% of jobs
$206.8K - $222K
7% of jobs
$222K - $237.1K
5% of jobs
$237.1K - $252.2K
5% of jobs
$252.2K - $267.3K
0% of jobs
$101K
$174.8K
$267.3K
How much do seasonal quantitative risk modeler jobs pay per year?
As of Aug 2, 2026, the average yearly pay for seasonal quantitative risk modeler in Chicago, IL is $174,845.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,600.00 and $205,000.00 per year, depending on experience, location, and employer.
What is the difference between Seasonal Quantitative Risk Modeler vs Quantitative Risk Analyst?
| Aspect | Seasonal Quantitative Risk Modeler | Quantitative Risk Analyst |
|---|---|---|
| Credentials | Bachelor's or Master’s in Finance, Mathematics, or related field; certifications like FRM or CFA often preferred | Bachelor's or Master’s in Finance, Mathematics, or related field; certifications like FRM or CFA often preferred |
| Work Environment | Financial institutions, risk management teams, often seasonal or project-based | Financial firms, investment banks, risk departments, with ongoing risk analysis duties |
| Employer & Industry Usage | Used in banking, insurance, asset management for seasonal risk assessment | Common in banking, hedge funds, and asset management for continuous risk monitoring |
The Seasonal Quantitative Risk Modeler focuses on developing models to assess risks during specific seasons or periods, often working on short-term projects. In contrast, the Quantitative Risk Analyst performs ongoing risk analysis and monitoring across various timeframes. Both roles require similar credentials but differ mainly in scope and seasonal focus.
What are the most commonly searched types of Quantitative Risk Modeler jobs in Chicago, IL? The most popular types of Quantitative Risk Modeler jobs in Chicago, IL are:
Other
Re-posted 12 days ago
Job description
The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily responsibilities include code release testing, historical data validation, margin and stress testing model validation, and portfolio back-testing. The candidate must have the ability to efficiently, effectively conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time.
Candidates should also be willing to relocate to Chicago at their own costs.
Qualifications:
- Masters in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline.
- Superb quantitative and analytical background.
- Excellent programming, communication, and documentation skills.
- Knowledge of financial markets.
- Work experience or education in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred.
- Work experience or education in advanced derivatives modeling and knowledge of volatility models preferred.
- Work experience or education in curve construction and data validation preferred.
About Informatic Technologies
Sourced by ZipRecruiter
Company size
201 - 500 Employees
Headquarters location
North Brunswick, NJ, US
Year founded
1996