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Finance Mathematics Jobs (NOW HIRING)

Associate, Credit Solutions

Manhattan, NY · On-site

$180K - $200K/yr

Bachelor's degree (US or Foreign Equivalent) in Economics, Finance, Mathematics, or Management and five (5) years of experience in Investment Banking, buyside credit, relevant securitization business ...

Associate, Credit Solutions

New York, NY · On-site

$180K - $200K/yr

Bachelor's degree (US or Foreign Equivalent) in Economics, Finance, Mathematics, or Management and five (5) years of experience in Investment Banking, buyside credit, relevant securitization business ...

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Finance Mathematics information

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$25K

$92.6K

$135.5K

How much do finance mathematics jobs pay per year?

As of Jul 4, 2026, the average yearly pay for finance mathematics in the United States is $92,631.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $109,000.00 per year, depending on experience, location, and employer.

What is finance mathematics?

Finance mathematics, also known as mathematical finance, is the application of mathematical methods to solve problems in finance. It involves using tools from probability theory, statistics, and differential equations to model financial markets, price financial derivatives, and manage risks. Professionals in this field work with concepts such as portfolio optimization, option pricing, and risk assessment to help organizations make informed financial decisions. Finance mathematics is essential in areas like investment banking, asset management, and insurance, where precise quantitative analysis is required.

What is the difference between Finance Mathematics vs Financial Analyst?

AspectFinance MathematicsFinancial Analyst
Required CredentialsMathematics degree, quantitative certifications (e.g., CFA Level I)Bachelor's degree in finance, economics, or related field; CFA often preferred
Work EnvironmentResearch, modeling, and quantitative analysis in finance firms or academiaFinancial reporting, market analysis, and investment recommendations in banks, investment firms
Industry UsageUsed mainly in quantitative roles, risk management, and financial modelingApplied in investment analysis, portfolio management, and client advisory

Finance Mathematics focuses on advanced quantitative modeling and theoretical analysis, often requiring strong mathematical skills and certifications. Financial Analysts primarily interpret financial data, prepare reports, and advise on investments. While both roles operate within the finance industry, their daily tasks and skill sets differ significantly, with Finance Mathematics being more technical and analytical, and Financial Analysts more client and market-oriented.

What are some common challenges faced by professionals working in finance mathematics, and how can they overcome them?

Professionals in finance mathematics often face the challenge of interpreting complex financial data and developing models that accurately reflect market behaviors. Staying updated with rapidly evolving financial instruments and regulatory requirements can also be demanding. Overcoming these challenges typically involves continuous professional development, leveraging advanced analytical software, and collaborating closely with cross-functional teams such as data scientists and financial analysts. Building strong communication skills is equally important, as conveying complex quantitative findings to non-technical stakeholders is a frequent part of the role.

What are the key skills and qualifications needed to thrive in Finance Mathematics, and why are they important?

To thrive in Finance Mathematics, you need strong analytical skills, advanced mathematical knowledge, and typically a degree in finance, mathematics, or a related field. Familiarity with statistical software, programming languages like Python or R, and financial modeling tools is often required. Attention to detail, problem-solving abilities, and effective communication are important soft skills for this role. These competencies enable professionals to analyze complex financial data and develop models that inform sound financial decisions.
More about Finance Mathematics jobs
What states have the most Finance Mathematics jobs? States with the most job openings for Finance Mathematics jobs include:
Infographic showing various Finance Mathematics job openings in the United States as of June 2026, with employment types broken down into 77% Full Time, 15% Part Time, and 8% Contract. Highlights an 83% Physical, 6% Hybrid, and 11% Remote job distribution, with an average salary of $92,631 per year, or $44.5 per hour.
Medicaid Transformation Fiscal Information Data Analyst (WMS2/FSD) - Project

Medicaid Transformation Fiscal Information Data Analyst (WMS2/FSD) - Project

GovernmentJobs.com

Remote

$51K - $68K/yr

Other

Posted 4 days ago


Job description

Medicaid Transformation Fiscal Information Data Analyst (WMS2/FSD) - Project

This is a project position funded through 6/30/2028.

This position performs complex budgeting and fiscal analysis for the Medicaid Transformation Project (MTP), including tracking and reporting on budget, revenue and expenditures of approximately $2.5 billion over the course of the biennium. The Fiscal Information Data Analyst uses critical thinking skills to navigate gray areas and independently solve problems in a fast paced and changing environment. The MTP finance team also relies on one another to address challenging fiscal work, so if you are a team player who is confident in performing complex budgeting and presenting financial reports to project leadership on a regular basis, this may be the opportunity for you!

All HCA employees will apply an equity lens to their work, which may include but is not limited to all analyses of core business and processes.

About the division:

The Financial Services Division (FSD), in collaboration with other HCA divisions and a variety of external stakeholders and legislative partners, provides strategic financial expertise for Apple Health, Community Behavioral Health (CBH), Public Employees Benefits Board (PEBB), and School Employees Benefits Board (SEBB) programs. In addition, FSD oversees the budget and compliance functions necessary to manage and monitor the single largest Washington State individual operating budget. Functions include budget management, accounting, forecasting, professional and hospital rate setting, financial analysis, and payment/collection operations.

About the position:

The Medicaid Transformation Fiscal Information Data Analyst will perform research and fiscal analyses of a highly specialized, complex, and technical nature working across agency divisions to ensure the accurate budgeting, monitoring, and reporting of 1115 Medicaid Transformation funds. This position is responsible for managing the administrative and services budgets of assigned MTP programs. The person in this position is responsible for exercising consistent use of independent judgment in managing the production of crucial waiver monitoring and analytic functions.

This position is eligible to telework but is required to report on-site 1 day a week during the training period and occasionally at other times to meet business need. The default assigned work location of all Health Care Authority (HCA) positions – both on-site and telework eligible positions – is within the State of Washington. This position reports to Olympia, WA. Frequency of onsite work will vary based on business and operational needs. All agency employees are required to report on-site in Olympia on their first and last days of employment to pick up and return state-issued equipment, regardless of telework status or location.

Some of what you will do:

  • Provide advanced level financial budgeting, research and analytic expertise for the Medicaid Transformation Waiver.
  • Prepare and submit financial reports to demonstrate compliance with HCA and CMS financial reporting requirements.
  • Prepare waiver administrative, services, and transformation projects budgets, including drafting decision packages, developing cost models, and budget allotments.
  • Review and approve agency budget requests related to project staffing and contracts.
  • Track and report on waiver expenditures to budgets.
  • Monitor and calculate Intergovernmental Transfer (IGT) activity which are used as a funding source for project expenditures.
  • Prepare and present regular financial reports to Medicaid Transformation Project leadership.
  • Perform highly specialized and complex research and data analysis for the Waiver and Demonstration Finance Section Manager to ensure adequate funding for waiver administration, services and transformation projects.

Required qualifications:

Qualifying candidates will meet one of the following criteria options:

  • Master's degree in accounting, finance, mathematics or related quantitative field and one (1) year of employment experience working with large and complex budget processes.
  • Bachelor's degree in accounting, finance, mathematics or related quantitative field and three (3) years of employment experience working with large and complex budget processes.
  • Associate degree in accounting, finance, mathematics or related quantitative field and five (5) years of employment experience working with large and complex budget processes.
  • Seven (7) years of experience working with large and complex budget processes.

Required competencies:

  • The ability to take action to learn and grow.
  • The ability to take action to meet the needs of others.

Preferred qualifications:

  • Professional experience budgeting for a Washington State agency.
  • Professional experience performing accounting for a Washington State agency.
  • Demonstrated ability to develop and implement financial models for budgeting, forecasting, and expenditure/revenue analyses.
  • Master's degree or other advanced degree in business and finance.
  • Greater than five (5) years of employment experience in financial, analytical, or other quantitative field.
  • Knowledge of regulations regarding public or Medicaid benefit programs.
  • Project management experience.
  • Experience working for: The Washington State Legislature; and/or The Office of Financial Management.

Knowledge, Experience, and Ability:

  • Ability to perform analyses for financial research and modeling in a complex multi-system environment.
  • Ability to use effective verbal and written communication skills, especially communicating financial concepts in ways that non-financial managers can understand.
  • Experience in juggling multiple activities and tasks.
  • Ability to use Microsoft Excel at an Expert/Advanced level to develop complex models and reports.
  • Ability to adapt to change.
  • Ability to maintain a high level of confidentiality.

Core competencies:

  • Data Research & Analysis - Seeks or collects and synthesizes information from a variety of stakeholders and sources in an objective, unbiased manner to reach a conclusion, goal, or judgment.
  • Analyzes Trends - Researches, extracts, and analyzes relevant data to solve problems, draw logical conclusions, and make recommendations that support business decisions. Identifies, interprets, and utilizes information and/or statistical models to project trends and show future implications of those trends.
  • Technical/Professional Knowledge - Possesses and effectively applies the technical/professional knowledge and skills required to do the job at a high level of accomplishment. Stays up-to-date on current practices and trends in his/her area of expertise. Applies specialized knowledge in a manner consistent with prevailing best practices and standards.
  • Knowledge Management - Organize and archive key information in a meaningful, organized and understandable format for future reference. Ability to collaborate, innovate, and share knowledge with team members and business partners where appropriate.

How to apply:

Only candidates who reflect the minimum qualifications on their NEOGOV profile will be considered. Failure to follow the application instructions below may lead to disqualification. To apply for this position, you will need to complete your profile which includes three professional references and attach in separate files:

  • A cover letter that specifically addresses how you meet the qualifications for this position
  • Current resume

To take advantage of veteran preference, please do the following:

  • Attach a copy of your DD214 (Member 4 long-form copy), NGB 22, or USDVA signed verification of service letter.
  • Please black out any PII (personally identifiable information) data such as social security numbers. Include your name as it appears on your application in careers.wa.gov.