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Financial Engineer Jobs (NOW HIRING)

As a Financial Engineer at MerQube, you will be part of a dynamic and growing team, contributing to the evolution of the financial industry. Position Summary: We are seeking a highly skilled and ...

Financial Engineer Location - Pasadena, CA Share resumes to POSITION SUMMARY We are seeking a highly skilled Financial Engineer to design, implement, and optimize financial models, analytics tools ...

As a Financial Engineer at MerQube, you will be part of a dynamic and growing team, contributing to the evolution of the financial industry. Position Summary: We are seeking a highly skilled and ...

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Engineer: Build, stress-test, and deploy forward-looking models to manage risk and predict financial outcomes. * Optimize: Actively control how capital, risk, and operational costs move through the ...

The business uses an advisory and innovation mindset, focused on client needs, with a global leader in financial markets engineering. Global Markets is a leading player in derivatives, with unrivaled ...

ASSOCIATE FINANCIAL ENGINEER: New York, NY or Houston, TX (Hybrid) ABOUT THE ROLE We are seeking an Associate Financial Engineer to support the expansion of risk and modeling functionality within the ...

Financial Value Engineer

Manhattan, NY ยท On-site

$204K - $255K/yr

Armada is seeking a Value Engineer to drive financial narratives for their Leviathan product. This role requires expertise in financial modeling, excellent communication skills, and an analytical ...

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Financial Engineer information

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$76K

$110.8K

$136K

How much do financial engineer jobs pay per year?

As of Jun 5, 2026, the average yearly pay for financial engineer in the United States is $110,812.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,000.00 and $124,500.00 per year, depending on experience, location, and employer.

What is the difference between Financial Engineer vs Quantitative Analyst?

AspectFinancial EngineerQuantitative Analyst
Required CredentialsDegree in finance, mathematics, or engineering; often CFA or FRM certificationsDegree in finance, mathematics, or statistics; often CFA or FRM certifications
Work EnvironmentFinancial institutions, hedge funds, investment banksAsset management firms, hedge funds, investment banks
Job FocusDeveloping complex financial models, derivatives pricing, risk managementData analysis, model development, trading strategies
Common UsageDesigning financial products and strategiesAnalyzing data to inform trading decisions

Financial Engineers and Quantitative Analysts share similar educational backgrounds and certifications, often working in similar environments like investment banks and hedge funds. While Financial Engineers focus on creating complex financial models and derivatives, Quantitative Analysts primarily analyze data to support trading strategies. Both roles require strong quantitative skills and contribute to financial innovation and risk management.

What are some common challenges Financial Engineers face when developing quantitative models, and how can they address them?

Financial Engineers often encounter challenges such as ensuring model accuracy, dealing with incomplete or noisy data, and adapting models to rapidly changing market conditions. Addressing these issues typically requires strong collaboration with data scientists, risk managers, and traders to validate assumptions and stress-test models under various scenarios. Staying current with industry trends and regulatory requirements also helps Financial Engineers maintain robust, compliant solutions that add value to their organizations.

What are the key skills and qualifications needed to thrive as a Financial Engineer, and why are they important?

To thrive as a Financial Engineer, you need a strong background in mathematics, statistics, finance, and programming, typically supported by a degree in quantitative fields such as finance, mathematics, engineering, or computer science. Familiarity with technical tools like Python, R, MATLAB, financial modeling software, and sometimes certifications like CFA or FRM is highly valued. Exceptional problem-solving, analytical thinking, and the ability to communicate complex concepts clearly are vital soft skills. These skills and qualifications are crucial for designing innovative financial models, managing risks, and enabling data-driven decision-making in complex financial environments.

What Is a Financial Engineer?

A financial engineer, also called a computational engineer, advises clients on investment strategies and risk management based on quantitative analysis of their portfolio and the atmosphere in the stock market. As a financial engineer, your job duties include analyzing the stock market to predict how stocks will perform, building models of trends in the stock market based on market history, and make recommendations on how to manage their portfolio.

What is a Financial Engineer?

A Financial Engineer is a professional who applies mathematical techniques, computational tools, and financial theory to solve complex problems in finance. They are often involved in designing financial products, developing risk management strategies, and building quantitative models for pricing, trading, and portfolio management. Financial Engineers typically work for banks, investment firms, or financial technology companies, and their expertise is essential for managing financial risks and innovating new financial instruments.
What cities are hiring for Financial Engineer jobs? Cities with the most Financial Engineer job openings:
What are the most commonly searched types of Financial Engineer jobs? The most popular types of Financial Engineer jobs are:
Who are the top companies hiring for Financial Engineer jobs? The top employers for Financial Engineer jobs are:
What states have the most Financial Engineer jobs? States with the most job openings for Financial Engineer jobs include:
Financial Engineer

Financial Engineer

MerQube Inc

New York, NY โ€ข On-site

Other

Posted 23 days ago


Job description

MerQube, established in 2019 by executives from globally recognized financial and technology firms, is at the forefront of disrupting the Index creation and systematic investing landscapes. Utilizing state-of-the-art technology and a cloud-based architecture, MerQube empowers clients to bring innovative ideas to market efficiently. As a Financial Engineer at MerQube, you will be part of a dynamic and growing team, contributing to the evolution of the financial industry.

Position Summary:

We are seeking a highly skilled and motivated Financial Engineer to join our team in Manhattan, New York. Reporting to the Financial Engineering Manager, you will play a crucial role in modeling, creating, backtesting, and launching cutting-edge index strategies primarily focused on options.

Key Responsibilities:

- Develop, model, and backtest new index strategies using Python, with a focus on financial data management.

- Collaborate with the Financial Engineering team to create MerQube branded financial engines and indexing strategies for major financial institutions.

- Interface directly with clients and the platform engineering team, automating processes for daily and historical calculations to construct powerful financial engines.

- Utilize advanced programming skills, especially in Python, to implement distributed systems and adhere to general software engineering principles.

- Work with options data sets and applications such as FactSet, Reuters.

Qualifications:

- Bachelor's degree in Computer Sciences or a quantitative field (Finance, Mathematics, Data Science, Economics, or Engineering) with equivalent work experience.

- Proficiency in Python programming, with a focus on financial data management.

- Strong options knowledge, including pricing, greeks, and portfolio applications is highly desirable.

- Strong interest in financial markets and the intersection of software and quantitative finance.

- Experience with financial data sets and applications (FactSet, Reuters, Morningstar, Bloomberg, Axioma, Barra).

- Excellent communication skills and the ability to collaborate effectively with both clients and internal teams.

What We Offer:

- A stimulating and convivial work environment with ample opportunities for professional growth.

- The freedom to make a real impact in a company at the forefront of financial technology.

- Competitive compensation package with benefits.

If you are a passionate Financial Engineer with a keen interest in disrupting the financial industry using cutting-edge technology, we invite you to join MerQube's journey of innovation. Apply today to be a part of our dynamic team reshaping the future of systematic investing and index creation.

ย Equal Opportunity Employer:

MerQube is committed to building a diverse and inclusive team. All qualified applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, national origin, disability, protected veteran status, or any other factor protected by applicable federal, state, or local laws. If you're the best person for the job, we want you on board!

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.