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Financial Engineer Jobs in Massachusetts (NOW HIRING)

Our cross-disciplinary team brings together architecture, robotics, design engineering, software ... THE ROLE As our Financial Analyst, you will serve as a core engine for Reframe's FP&A, operational ...

Financial Controller

Burlington, MA · On-site

$120 - $180/hr

## Financial ControllerApplylocations: Burlington, MAtime type: Full timeposted on: Posted 3 Days ... City Building Engineering Services (CBES) is a leading integrated professional services firm ...

The Procurement Automation Engineer will work closely with Procurement, Supply Chain, Operations, IT, Finance, Engineering, and other cross-functional teams to identify manual and repetitive ...

The Procurement Automation Engineer will work closely with Procurement, Supply Chain, Operations, IT, Finance, Engineering, and other cross-functional teams to identify manual and repetitive ...

Partner with Engineering, Finance, and Operations to improve data quality at the source rather than cleaning it downstream. Catch issues before stakeholders find them in a broken chart. * Build and ...

Showing results 21-40

Financial Engineer information

See Massachusetts salary details

$83K

$121K

$148.5K

How much do financial engineer jobs pay per year?

As of Aug 29, 2026, the average yearly pay for financial engineer in Massachusetts is $121,020.00, according to ZipRecruiter salary data. Most workers in this role earn between $109,200.00 and $136,000.00 per year, depending on experience, location, and employer.

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 skills should a financial engineer have?

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 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 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.

Do financial engineers make a lot of money?

Financial engineers often earn high salaries due to their specialized skills in quantitative analysis, modeling, and programming. Compensation varies based on experience, location, and industry, but many financial engineers have the potential to earn six-figure incomes or more, especially with advanced degrees and certifications like the CFA or FRM.

How much do financial engineers make?

Financial engineers in general earn a median annual salary of around $100,000 to $130,000, with experienced professionals and those working in major financial centers earning higher. Salaries can vary based on experience, education, certifications like CFA or FRM, and the complexity of financial models used. Entry-level positions typically start lower, while senior roles can exceed $200,000 annually.

What are the most commonly searched types of Financial Engineer jobs in Massachusetts?

The most popular types of Financial Engineer jobs in Massachusetts are:

What job categories do people searching Financial Engineer jobs in Massachusetts look for?

The top searched job categories for Financial Engineer jobs in Massachusetts are:

What cities in Massachusetts are hiring for Financial Engineer jobs?

Cities in Massachusetts with the most Financial Engineer job openings:

Infographic showing various Financial Engineer job openings in Massachusetts as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $121,020 per year, or $58.2 per hour.

Experienced Financial Software Engineer

Galatea Associates

Somerville, MA • On-site

Full-time

Re-posted 2 days ago


Job description

Job Summary:
Galatea Associates is a highly-focused software consulting firm specializing in providing bespoke technical solutions to capital markets firms. They are seeking an experienced Financial Software Engineer to define, architect, and build strategic systems that facilitate access to liquidity and capital for their clients.
Responsibilities:
• Learn about Galatea’s collaborative culture and values and become an active participant in discussions.
• Witness and learn about Galatea’s client-focused delivery approach and the ongoing value-add we provide to our clients everyday.
• Take ownership over increasingly complex design, analysis, planning, and software-related tasks while working towards independence on assignments.
• Begin to establish relationships with client contacts.
• Build an understanding of the finance topics relevant to your project.
• Begin to mentor and lead 1-2 junior members of the team in all areas of project delivery.
• Expand your knowledge of functional and technical concepts beyond the specifics of your project.
• Participate in project planning discussions.
• Gain independence on assignments and become a master of Galatea’s best practices.
• Be seen as the ultimate problem solver on your team.
• Establish meaningful client relationships.
• Increase your impact by challenging yourself to architect your own small applications or small pieces of larger applications.
• Be the go-to person for clients serving as a subject matter expert in many areas within your project.
• Share your financial and technical knowledge by contributing to internal Galatea training sessions.
• Become an essential contributor on your project and within Galatea by leading other Galateans through your excellent example.
Qualifications:
Required:
• A Bachelor's degree in computer science, math, engineering or a related field.
• 1-3 years experience in a relevant field.
• 3-5 years experience in a relevant field.
• 5+ years experience in a relevant field.
Company:
Galatea Associates is a software consulting firm specializing in financial solutions for Wall Street broker-dealers. Founded in 1996, the company is headquartered in Somerville, USA, with a team of 51-200 employees. The company is currently Growth Stage.