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Financial Engineer Jobs in Michigan (NOW HIRING)

As the Applied AI / Machine Learning Engineer, you will play a handson role crafting, developing ... Build and maintain ML models for financial planning, forecasting, trend analysis, and anomaly ...

Evaluate engineering changes for cost, price and tooling impact * Prepare and report of program financial metrics at monthly program reviews (ROS%, IRR%, ROA %) * Sales price and manufacturing cost ...

Financial Analyst

Ann Arbor, MI · On-site

$90K/yr

RESPONSIBILITIES of the Financial Analyst * Support role in month end close, monthly financial ... Engineering, IT and Administrative talent in the industry today. #VFSE

Base pay range $250,000.00/yr - $300,000.00/yr Direct message the job poster from Venteon Connecting Career Minded Professionals In Accounting, Finance, Engineering and IT To Their Dream Company and ...

3 plus years of Financial Planning & Analysis experience Venteon Finance is currently seeking an ... Engineering and IT talent in the industry today #VFSE

Senior Financial Analyst 3+ Years Are you ready to contribute to the financial success of a dynamic ... Engineering, and IT talent in the industry today.

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Showing results 1-20

Financial Engineer information

See Michigan salary details

$66.2K

$96.6K

$118.5K

How much do financial engineer jobs pay per year?

As of Jul 5, 2026, the average yearly pay for financial engineer in Michigan is $96,583.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $108,500.00 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 engineers make $500,000?

Senior financial engineers, especially those working in hedge funds, investment banks, or private equity firms, can earn $500,000 or more annually through base salary, bonuses, and profit sharing. High-level roles often require advanced quantitative skills, experience, and sometimes certifications like the CFA or FRM.

What engineers make $300,000 a year?

Financial engineers, also known as quantitative analysts or quants, can earn $300,000 or more annually, especially with experience, advanced degrees, and skills in programming, mathematics, and financial modeling. High compensation is common in hedge funds, investment banks, and proprietary trading firms where complex risk management and algorithmic trading are involved.

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 engineers make $200,000 a year?

Senior financial engineers, especially those with advanced quantitative skills, experience, and expertise in areas like risk management, derivatives, or algorithmic trading, can earn $200,000 or more annually. High compensation often includes bonuses and performance incentives, particularly in financial hubs or large firms. Certifications such as CFA or FRM can also enhance earning potential in this field.

What is the work of a financial engineer?

A financial engineer develops mathematical models and uses quantitative techniques to analyze financial markets, manage risk, and create investment strategies. They often work with programming tools like Python or C++ and require strong skills in mathematics, finance, and computer science. Their work supports trading, risk management, and financial product development.

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 are the most commonly searched types of Financial Engineer jobs in Michigan? The most popular types of Financial Engineer jobs in Michigan are:
What are popular job titles related to Financial Engineer jobs in Michigan? For Financial Engineer jobs in Michigan, the most frequently searched job titles are:
What cities in Michigan are hiring for Financial Engineer jobs? Cities in Michigan with the most Financial Engineer job openings:
Infographic showing various Financial Engineer job openings in Michigan as of June 2026, with employment types broken down into 1% As Needed, 97% Full Time, 1% Part Time, and 1% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $96,583 per year, or $46.4 per hour.

Sr Applied AI Engineer-Finance

Kiongroup

Grand Rapids, MI

$113K - $174K/yr

Full-time

Posted 23 days ago


Job description

Dematic is standing up a Finance AI enablement team to drive adoption, build, and roll out AI and sophisticated analytics use cases across the global function.
As the Applied AI / Machine Learning Engineer, you will play a handson role crafting, developing, deploying, and operating AI and ML solutions tailored to Finance use cases such as financial planning, predictive analysis, irregularity identification, and management reporting.
This role is ideal for someone who can build productionready models, translate business problems into AI solutions, and operate optimally in an environment that is early in its AI maturity with limited existing technical infrastructure.
The position will partner closely with Finance team members, IT (Dematic & parent co.), and other enterprise AI initiatives to ensure solutions are scalable, auditable, and aligned with standards.We offer:
  • Career Development
  • Competitive Compensation and Benefits
  • Pay Transparency
  • Global Opportunities

Learn More Here: https://www.dematic.com/en-us/about/careers/what-we-offer

Dematic provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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.

The base pay range for this role is estimated to be $113,625 - $174,225 at the time of posting. Final compensation will be determined by various factors such as work location, education, experience, knowledge, and skills.

Tasks and Qualifications:

What you will do in this role:

AI / ML Solution Development

  • Design, develop, and deploy machine learning models and AI solutions tailored to Finance use cases (e.g., forecasting, planning, variance analysis, anomaly and risk detection).
  • Build and maintain ML models for financial planning, forecasting, trend analysis, and anomaly detection across large, structured datasets.
  • Develop LLMpowered tools to support financial analysis, commentary generation, summarization, and scripted insights for Finance users.
  • Translate Finance requirements into data pipelines, feature engineering, model architecture, and deployment approaches.

Model Validation & Governance

  • Conduct model validation, backtesting, and performance evaluation to ensure accuracy, robustness, and business relevance.
  • Evaluate model performance over time and diagnose issues related to data quality, concept drift, and changing business conditions.
  • Implement appropriate controls, explain-ability, and documentation to support Finance governance, audit, and compliance requirements.
  • Document model assumptions, methodologies, limitations, and change history for audit and risk review.

ML Ops & Deployment

  • Implement MLOps standard methodologies, including model versioning and lifecycle management, drift detection and performance monitoring, retraining schedules and automated pipelines, and reproducibility and rollback procedures.
  • Partner with IT to deploy models into enterprise environments (cloud, Salesforce, SAP, Snowflake, proprietary tools, etc.).
  • Ensure AI solutions are secure, scalable, and maintainable within enterprise standards.

Collaboration & Enablement

  • Collaborate with Finance, IT, data teams, and other AI workstreams to promote consistent standards, tooling, and patterns across the organization.
  • Serve as a technical thought partner to Finance leaders, helping shape the AI roadmap and identify highvalue use cases.
  • Help educate Finance partners on AI capabilities, limitations, and responsible usage.
  • Contribute to establishing foundational AI practices for a growing Finance AI team.

What we are looking for:

  • Bachelor's degree in Computer Science, Data Science, Engineering, Applied Mathematics, Finance, or a related field.
  • 4-7+ years of proven experience in machine learning, data science, or applied AI with handson production deployment experience.
  • Strong experience building ML models using Python and common libraries (e.g., pandas, scikitlearn, PyTorch, TensorFlow).
  • Experience developing or integrating LLMbased solutions (prompt engineering, embeddings, retrievalaugmented generation, summarization).
  • Proven understanding of timeseries forecasting, anomaly detection, regression, and classification techniques.
  • Experience with model validation, backtesting, performance monitoring, and explain-ability.
  • Practical experience implementing MLOps concepts (CI/CD for models, monitoring, version control).
  • Ability to work in a lowmaturity AI environment, creating structure where little exists.
  • Strong communication skills with the ability to explain technical concepts to Finance and business audiences.

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