Quantitative Analyst, Risk Salary

Risk Quantitative Analysts in the United States take home approximately $83K annually on average. Residence is the biggest factor affecting pay for this group, followed by experience level. Men account for the majority of Risk Quantitative Analysts who responded to the questionnaire — 80 percent to be exact. The majority of workers are highly satisfied with their job. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a large number. The information for this snapshot was generated by responses to the PayScale salary survey.

$60,067 - $144,081
$60K
$83K
$140K
MEDIAN: $83,098
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$60,067 - $144,081  
   
Bonus
$2,954 - $20,203  
Profit Sharing
$8,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$60,250 - $157,226  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 95

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United States (change)

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Job Description for Quantitative Analyst, Risk

Quantitative risk analyst are responsible for understanding risk system concepts, software framework, and data requirements within the requirements of their organization and projects. They utilize the knowledge to perform various analyses to support model validations. Their main responsibilities include analyzing large data sets and time series using proprietary enterprise data analytics systems, as well as applying machine learning algorithms and modifying their settings according to project requirements.

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Quantitative Analyst, Risk Tasks

  • Research and analyze market statistics to develop, test, validate, execute, and maintain analytical software programs and quantitative models.
  • Query, consolidate, and present data to senior management.
  • Assist in the construction and execution of portfolio management.
  • Perform risk analytics, loan pricing, and default risk modeling,
  • Design tests and experiments to collect data and test new models and programs

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Popular Skills for Quantitative Analyst, Risk


Risk Quantitative Analysts seem to require a number of specific skills. Most notably, skills in Data Analysis, Financial Modeling, Risk Management / Risk Control, and SQL are correlated to pay that is above average. It is often found that people who know SAS are also skilled in Risk Management / Risk Control.

Pay Difference by Location

National Average: $93,588

Larger city markers indicate a job is popular in that location.

For those looking to make money, Risk Quantitative Analysts in New York enjoy an exceptional pay rate, 40 percent above the national average. Risk Quantitative Analysts in Buffalo take home the lowest salaries, earning a whopping 34 percent less than the national average.

Related Job Salaries

Key Stats for Quantitative Analyst, Risk

Gender

Female
20 %
Male
80 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.
Less than 1 year
16%
1-4 years
55%
5-9 years
14%
10-19 years
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Quantitative Analyst, Risk Salaries

Experienced
▲63%

▲40%

National Average
$94,000

▼5%

Skills That Affect Quantitative Analyst, Risk Salaries

Data Analysis
▲18%

Financial Modeling
▲6%

Risk Management / Risk Control
▼0%

National Average
$94,000

SAS
▼2%

SQL
▼2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.

Gender

Female
20 %
Male
80 %

Years of Experience

Less than 1 year
16%
1-4 years
55%
5-9 years
14%
10-19 years
14%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 82%
vision benefits
Vision: 81%
dental benefits
None: 7%
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