The average salary for a Quantitative Analyst, Risk at Bank of America Corporation is $114,882.
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$90k - $130k
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$117k - $151k
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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 re…Read more
Quantitative Analyst, Risk Tasks
- Research and analyze market statistics to develop, test, validate, execute, and maintain analytical software programs and quantitative models.
- Perform risk analytics, loan pricing, and default risk modeling.
- Design tests and experiments to collect data and test new models and programs.
- Query, consolidate, and present data to senior management.
- Assist in the construction and execution of portfolio management.
Popular Employer Salaries for Quantitative Analyst, Risk
The top respondents for the job title Quantitative Analyst, Risk are from the companies Usaa Insurance, M&T Bank Corp and BB&T Corp.. Reported salaries are highest at Wells Fargo Bank where the average pay is $130,000. Other companies that offer high salaries for this role include Massachusetts Mutual Life Insurance Company, earning around $124,800. M&T Bank Corp pays the lowest at around $61,042. Usaa Insurance also pays on the lower end of the scale, paying $81,552.
Quantitative Analyst, Risk Job Listings
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Popular Skills for Quantitative Analyst, Risk
Risk Management / Risk Control
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