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 ...
Lead Associate Principal, Quantitative Risk Management
Chicago, IL · Hybrid
Medical
Dental
Vision
Retirement
PTO
... 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 ...
Lead Associate Principal, Quantitative Risk Management
Chicago, IL · Hybrid
Medical
Dental
Vision
Retirement
PTO
... 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 ...
Lead Associate Principal, Quantitative Risk Management
Chicago, IL · On-site
Medical
Dental
Vision
Retirement
PTO
... 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 ...
Lead Associate Principal, Quantitative Risk Management
Chicago, IL · On-site
Medical
Dental
Vision
Retirement
PTO
... 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 ...
Senior Analyst, Quantitative Risk
Itasca, IL · On-site
$110K - $135K/yr
Medical
Dental
Vision
Life
Retirement
PTO
Leads projects to develop models, analyses, and reports that measure credit, residual value, and ... quantitative, analytics, or risk experience * Proficiency in Excel and SQL or Python. * Solid ...
New
Quick apply
Senior Analyst, Quantitative Risk
Itasca, IL · On-site
$110K - $135K/yr
Medical
Dental
Vision
Life
Retirement
PTO
Leads projects to develop models, analyses, and reports that measure credit, residual value, and ... quantitative, analytics, or risk experience * Proficiency in Excel and SQL or Python. * Solid ...
New
Proficient to advanced knowledge of statistical modeling and other quantitative techniques ... Knowledge of enterprise risk management and internal control standards, especially within the ...
Proficient to advanced knowledge of statistical modeling and other quantitative techniques ... Knowledge of enterprise risk management and internal control standards, especially within the ...
Quantitative Risk Intern - Summer 2027
Chicago, IL · On-site
$35 - $40/hr
Proficient to advanced knowledge of statistical modeling and other quantitative techniques ... Knowledge of enterprise risk management and internal control standards, especially within the ...
Quantitative Risk Intern - Summer 2027
Chicago, IL · On-site
$35 - $40/hr
Proficient to advanced knowledge of statistical modeling and other quantitative techniques ... Knowledge of enterprise risk management and internal control standards, especially within the ...
Proficient to advanced knowledge of statistical modeling and other quantitative techniques ... Knowledge of enterprise risk management and internal control standards, especially within the ...
Quick apply
Proficient to advanced knowledge of statistical modeling and other quantitative techniques ... Knowledge of enterprise risk management and internal control standards, especially within the ...
Junior Quantitative Risk Analyst
Chicago, IL · On-site
$90K/yr
Medical
Dental
Vision
Retirement
PTO
... 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
Medical
Dental
Vision
Retirement
PTO
... 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
Medical
Dental
Vision
Retirement
PTO
... 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
Medical
Dental
Vision
Retirement
PTO
... 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 ...
Investments Risk, Principal
Chicago, IL · On-site
$175K - $215K/yr
Medical
Dental
Vision
Life
Retirement
PTO
Build and maintain quantitative risk models and analytics used to evaluate hedge fund investments - including factor and alpha decomposition, stress testing, and scenario analysis - working with ...
New
Investments Risk, Principal
Chicago, IL · On-site
$175K - $215K/yr
Medical
Dental
Vision
Life
Retirement
PTO
Build and maintain quantitative risk models and analytics used to evaluate hedge fund investments - including factor and alpha decomposition, stress testing, and scenario analysis - working with ...
New
Focus on model development and review of conceptual design. * Develop, validate, and enhance ... Risk - Wholesale Credit Team Team Role: Work as a quantitative researcher/engineer in the Wholesale ...
Focus on model development and review of conceptual design. * Develop, validate, and enhance ... Risk - Wholesale Credit Team Team Role: Work as a quantitative researcher/engineer in the Wholesale ...
Quantitative Analytics & Model Consultant Senior - Market Risk
Chicago, IL · On-site
Medical
Dental
Vision
Life
Retirement
PTO
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 ...
Quantitative Analytics & Model Consultant Senior - Market Risk
Chicago, IL · On-site
Medical
Dental
Vision
Life
Retirement
PTO
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 ...
Quantitative Modeler Manager - AML
$56.50 - $73.25/hr
Medical
Dental
Vision
Life
Retirement
PTO
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
Medical
Dental
Vision
Life
Retirement
PTO
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 ...
This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes ...
This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes ...
Chief Risk Officer
Chicago, IL · On-site
$259.25 - $320.25/hr
Medical
Dental
Vision
Retirement
PTO
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
Medical
Dental
Vision
Retirement
PTO
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 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 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 ...
Chief Risk Officer
Chicago, IL · On-site
Medical
Dental
Vision
Life
Retirement
PTO
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
Medical
Dental
Vision
Life
Retirement
PTO
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
Medical
Dental
Vision
Life
Retirement
PTO
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
Medical
Dental
Vision
Life
Retirement
PTO
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 ...
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?
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 25 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