Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Quantitative Risk Management Consultant

Mitchell Martin

Quantitative Risk Management Consultant

This position is for a Quantitative Risk Management Consultant based in Chicago, IL, working onsite five days a week. The role is a contract position that involves developing, analyzing, and back-testing models within a risk management setting. The candidate will work with generic technology tools to validate data and models.

Key responsibilities include:

  • Develop and analyze models for risk management initiatives.
  • Conduct code release testing and validate historical data.
  • Perform margin and stress testing model validation.
  • Back-test portfolios to ensure model accuracy.
  • Research and implement solutions to complex problems.

Qualifications:

  • Master's degree in Computer Science, Financial Engineering, Mathematics, or a related field.
  • Strong quantitative and analytical skills.
  • Excellent programming, communication, and documentation abilities.
  • Knowledge of financial markets and risk modeling.
  • Experience in advanced derivatives and volatility models.

Core technologies:

Generic Technology | Statistical Models | Data Validation | Curve Construction

Vacancy posted 1 day ago
Similar jobs that could be interesting for youBased on the Quantitative Risk Management Consultant in Chicago, IL vacancy
  •  ...Quantitative Risk Management Consultant Software Guidance & Assistance, Inc., (SGA), is searching for a Quantitative Risk Management Consultant for a contract assignment with one of our premier financial services clients in Chicago, IL. Responsibilities include:... 
    Suggested
    Contract work
    Work experience placement

    SGA

    Chicago, IL
    1 day ago
  • 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... 
    Suggested
    Work experience placement

    Talution Group

    Chicago, IL
    21 hours ago
  • $51 - $57 per hour

    Title: Quantitative Risk Management Consultant Location: Chicago, IL - 5 days in office Duration & Type: 12 Month Contract to Start Compensation: Competitive W2 Hourly Rate ($51 - $57), 401K, Access to Healthcare and Dental Insurance Plan of Choice (Benefit Plans can... 
    Suggested
    Hourly pay
    Contract work
    Work at office
    Local area

    Chamberlain Advisors

    Chicago, IL
    21 hours ago
  • Information Technology 5
    Suggested
    Contract work
    Chicago, IL
    17 days ago
  • $54k - $103k

     ...employees are used to their fullest potential. Join the Claims Risk Management Information System (RMIS) & TPA Data Services team within...  ...Casualty Claims organization, composed of customer facing RMIS Consultants and data professionals. The RMIS Consultant role is focused... 
    Suggested
    Work experience placement
    Work at office
    Flexible hours
    2 days per week

    01460 Continental Casualty Company

    Chicago, IL
    1 day ago
  • Talution Group in Chicago is looking for a candidate to join the Quantitative Risk Team in the Risk Management Department. The role involves developing, analyzing, and back-testing models for clearing initiatives, which includes daily tasks like code release testing and... 

    Talution Group

    Chicago, IL
    11 hours ago
  • Chamberlain Advisors is seeking a Quantitative Risk Management Consultant in Chicago, IL to support risk management activities. The role includes executing code release testing, validating models, and collaborating with IT teams. Candidates need a Master's degree in a related... 
    Hourly pay

    Chamberlain Advisors

    Chicago, IL
    11 hours ago
  • $145.2k - $242k

    Bring your quantitative data expertise to the LSEG Customer Consulting team! Our Business Consultants develop innovative solutions to solve customer challenges. We support the sales team through our in-depth knowledge of LSEG products, financial data, and customer workflows... 
    Full time
    Part time
    Internship

    London Stock Exchange Group

    Chicago, IL
    2 days ago
  • $130k - $175k

     ...Description Strategic Risk Consulting (SRC) is a part of the wider Risk & Analytics division within Corporate Risk and Broking, which provides an integrated approach to risk management in the current complex global business environment. SRC is a diverse team, with... 
    Temporary work
    Work at office
    Local area
    Visa sponsorship
    Work visa
    Flexible hours

    WTW inc.

    Chicago, IL
    21 hours ago
  • $75.33k - $125.5k

     ...Model Risk Analyst At the Federal Home Loan Bank of Chicago, employees come first...  ...Analyst (Analyst) within the Model Risk Management Group (MRM) is responsible for various tasks...  ...(e.g., related to data analytics and quantitative modeling) and administrative (e.g., documentation... 
    Work experience placement
    Work at office
    Remote work

    FHLBank Chicago

    Chicago, IL
    3 days ago
  • $87k - $146k

     ...Responsibilities Serves as the subject matter expert for the Change process with stakeholders to include Risk, Audit and external Regulators Supports change management deliverables and project documentation (issue/risk logs, status reports, requirements documentation,... 
    Work at office
    Shift work
    Day shift

    Dormont Manufacturing Co

    Chicago, IL
    2 days ago
  • $90k

     ...Senior Risk Placement Specialist NFP, an Aon company, is...  .... We are an organization of consultative advisors and problem solvers...  ...significant risk, workforce, wealth management and retirement challenges...  ...analytical skills, both quantitative and qualitative Ability to review... 
    Work at office

    AON

    Chicago, IL
    11 hours ago
  •  ...Risk Management Intern Join our team of industry experts to manage risk for our global businesses and collaborate with professionals...  ...OPT) or curricular practical training (CPT.) Exceptional quantitative, analytical, project management, and communication skills... 
    Summer work
    Internship
    Work at office
    Immediate start
    Visa sponsorship

    Chase

    Chicago, IL
    4 days ago
  • Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong...  ...Qualifications, Capabilities, and Skills:BA/BS degree in a quantitative disciplineTypically a minimum of 6+ years of Commercial / Corporate... 

    JP Morgan Chase

    Chicago, IL
    21 hours ago
  •  ...This position within Corporate Risk Management is responsible for the over oversight of consumer credit policy through effective planning...  ...in Statistics, Economics, Engineering, Finance, or related quantitative field 8+ years of experience in Statistics, Economics, Engineering... 
    Internship

    Inizio Partners Corp

    Chicago, IL
    3 days ago
  • $145.2k - $242k

    Bring your quantitative data expertise to the LSEG Customer Consulting team! Our Business Consultants develop innovative solutions to solve customer challenges....  ...outstanding global consulting team today! Career Stage Manager Compensation and Benefits LSEG is committed to... 
    Part time
    Work experience placement
    Internship

    LSEG (London Stock Exchange Group)

    Chicago, IL
    11 hours ago
  • $112.2k - $209k

     ...Customer SolutionsRole PurposeThe Senior Manager leads a portfolio of priority sales and...  ...priorities, field capacity, dependencies, risks, and opportunities to scale.Executive...  ...orientation with the ability to convert quantitative and qualitative insights into recommendations... 
    Full time
    Contract work
    Part time
    Local area

    BMO Bank

    Chicago, IL
    2 days ago
  • A financial services firm is seeking a Mid-Senior level Risk Management Consultant to develop and maintain credit risk models, perform data analysis...  ...field with 1-4 years of relevant experience. Strong quantitative skills and proficiency in R and SQL are essential for... 
    Full time

    Selby Jennings

    Chicago, IL
    3 days ago
  • $132.6k - $195k

     ...marketplace of consumers, merchants, and drivers.About the RoleThe Global Governance, Risk, and Compliance (GRC) team is looking for a technical, security-focused Third-Party Risk Management (TPRM) Sr. Analyst. If you are comfortable and have experience working in a fast-... 
    Hourly pay
    Contract work
    Work at office
    Local area
    Remote work
    Flexible hours

    Doordash

    Chicago, IL
    1 day ago
  • BBSI is seeking a Risk & Safety Consultant to help business owners maximize their investment in human capital through risk management standards and safety programs. The role combines client-facing leadership with internal collaboration directed by the Director of Risk Management... 

    BBSI

    Oak Brook, IL
    1 day ago
  • $96k - $181k

     ...Tiedeman Road, Brooklyn OhioAbout the JobReporting to the Director of Cybersecurity Risk Oversight, the Sr. Cybersecurity Risk Oversight Professional is a 2nd Line of Defense risk management position that provides independent oversight and Risk Management subject matter... 
    Full time
    Work at office
    Flexible hours
    Night shift

    KeyBank

    Chicago, IL
    21 hours ago
  • $80k - $120k

    Position InformationHiring Manager:Associate DirectorDepartment:Operational Risk ManagementDepartment OverviewThe Operational Risk Management (“ORM”) Department is responsible for the Risk Mitigation Framework. The Risk Mitigation Framework provides the process, tools and... 
    Full time
    Work at office
    Flexible hours

    Golub Capital

    Chicago, IL
    1 day ago
  • $125k - $175k

     ...times and is one of Barron’s Top 100 RIA firms.Mesirow is seeking an experienced and highly motivated Risk Officer to lead and enhance our firm's Enterprise Risk Management (ERM) framework while providing independent oversight of investment and portfolio risks across our... 
    Full time

    Mesirow Financial Holdings

    Chicago, IL
    1 day ago
  • $259.25k - $320.25k

     ...our people to “go for it” and equip our managers with the training to coach their teams to...  .... Cboe Clearinghouse is hiring a Chief Risk Officer to provide strategic leadership...  ...with Watch List escalations Develop the quantitative risk methodology and requirement for the... 
    Full time
    Work at office
    Immediate start

    Cboe Exchange

    Chicago, IL
    4 days ago
  • $90k

     ...the world. Today, Akuna operates from additional offices in Sydney, Shanghai, London and Singapore. What you'll do as a Junior Quantitative Risk Analyst at Akuna We are looking for a motivated and talented individual to join our growing Risk Department. This role is part... 
    Work at office

    Akuna Capital

    Chicago, IL
    21 hours ago
  • $55k - $70k

    About the Role The State Management Product Analyst is an entry level member of the Product...  ...intelligent, data‑minded individual with strong quantitative and analytic skills to assist in the...  ...data to inform product pricing and risk selection decisions. Perform internal and... 
    Full time
    Work at office

    PURE Insurance

    Chicago, IL
    2 days ago
  • $119k - $218.3k

    Position Summary Senior Consultant - Regulatory Change - Investment Management - Enterprise Operations & Risk Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions... 
    Visa sponsorship

    Deloitte

    Chicago, IL
    21 hours ago
  •  ...Description:The Senior Business Control Specialist is part of the SPI, Policy and Third Party Team. The team focuses on all aspects of risk management and business controls for the broad organization ensuring Single Process Inventory controls, processes and procedures are in... 
    Full time
    Shift work
    Day shift

    Bank of America

    Chicago, IL
    21 hours ago
  • $95.6k - $162.4k

     ...TrustAs a global leader in innovative wealth management, asset servicing, asset management and...  ...view of the third party’s performance, risk posture, and concentration of exposure...  ...business initiatives.Skills/Knowledge:Strong consultative skills ranging from structured problem... 
    Full time
    H1b
    Worldwide
    Flexible hours

    Northern Trust

    Chicago, IL
    21 hours ago
  • $120k - $145k

    Level: Senior Consultant **This role is not eligible for 100% remote work. Employees must live within...  ...partnership with clients and cross-functional teams.* Manage day-to-day delivery, including planning, resource coordination, risk management, issue resolution, and stakeholder... 
    Temporary work
    Work at office
    Local area
    Flexible hours

    Slalom

    Chicago, IL
    4 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Quantitative Risk Management Consultant. Be the first to apply!