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Financial Engineer Jobs in Michigan (NOW HIRING)

Squirl Financial

Software Engineer

Detroit, MI · On-site

... passion for financial markets and technology, the early roots of Squirl started out as an ... We are looking for a part-time Software Engineer who will assist us with the design, development ...

Gentherm

Financial Analyst, FP&A

Novi, MI · On-site

Partner closely with Engineering, IT, and cross-functional teams to ensure accurate financial reporting, cost center alignment, and disciplined spend management * Evaluate financial performance by ...

Gentherm

Financial Analyst, FP&A

Novi, MI

Partner closely with Engineering, IT, and cross-functional teams to ensure accurate financial reporting, cost center alignment, and disciplined spend management * Evaluate financial performance by ...

Tenneco

Finance Manager

Plymouth, MI · On-site

The position partners closely with engineering, human resources, operations, and business leadership to simplify financial processes, strengthen accountability, support fast and fact-based decision ...

Tenneco

Finance Manager

Plymouth, MI

The position partners closely with engineering, human resources, operations, and business leadership to simplify financial processes, strengthen accountability, support fast and fact-based decision ...

Kratos Defense

Financial Controller

Auburn Hills, MI

... Engineering, Quality, Supply Chain, and Manufacturing. This role owns financial integrity, compliance, reporting accuracy, internal controls, margin protection, cash discipline, and enterprise ...

Squirl Financial Inc

Software Engineer

Detroit, MI · On-site +1

... passion for financial markets and technology, the early roots of Squirl started out as an ... We are looking for a part-time Software Engineer who will assist us with the design, development ...

Spicer Group, Inc.

Financial Analyst

Dundee, MI

FINANCIAL ANALYST CORPORATE SERVICES POSITION SUMMARY We are seeking a highly motivated and detail ... THE COMPANY Spicer Group is a multi-disciplinary engineering, surveying, and planning company. With ...

Spicer Group, Inc.

Financial Analyst

East Lansing, MI

FINANCIAL ANALYST CORPORATE SERVICES POSITION SUMMARY We are seeking a highly motivated and detail ... THE COMPANY Spicer Group is a multi-disciplinary engineering, surveying, and planning company. With ...

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Showing results 1-20

All JobsFinancial Engineer JobsFinancial Engineer Jobs in Michigan

Financial Engineer information

See Michigan salary details

$66.2K

$96.6K

$118.5K

How much do financial engineer jobs pay per year?

As of Jun 14, 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, quantitative analysts, and risk managers in finance often earn $500,000 or more annually, especially with bonuses and profit-sharing. These roles typically require advanced skills in mathematics, programming, and financial modeling, along with extensive experience and often professional certifications like CFA or FRM.

What Engineers make $300,000 a year?

Senior financial engineers, especially those working in quantitative finance, hedge funds, or investment banks, can earn $300,000 or more annually through base salary, bonuses, and profit sharing. High-level roles often require advanced skills in mathematics, programming, and financial modeling, along with extensive experience and sometimes professional certifications like CFA or FRM.

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.

Do Goldman Sachs hire Engineers?

Goldman Sachs hires engineers, including financial engineers, software engineers, and quantitative analysts, to develop trading algorithms, risk models, and financial software. Candidates typically need strong technical skills, programming experience, and relevant finance knowledge. The firm offers roles in technology and finance departments with competitive hiring standards.

What is the work of a financial engineer?

A financial engineer develops mathematical models and uses quantitative techniques to analyze and manage financial risks, design financial products, and optimize investment strategies. They often work with programming tools like Python or R and require strong skills in mathematics, finance, and computer science. Their work supports trading, risk management, and financial decision-making in financial institutions.

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.
More about Financial Engineer jobs
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 job categories do people searching Financial Engineer jobs in Michigan look for? The top searched job categories for Financial Engineer jobs in Michigan are:
What cities in Michigan are hiring for Financial Engineer jobs? Cities in Michigan with the most Financial Engineer job openings:
What are popular job titles related to Financial Engineer jobs in MI? For Financial Engineer jobs in MI, the most frequently searched job titles are:
Financial Engineer jobs near you
Engineering R & D Financial Analyst

Engineering R & D Financial Analyst

ALTEN Technology USA

Auburn Hills, MI • On-site

Other

Posted 12 days ago

Job description

What you'll do:

  • This individual serves as a Finance point of contact for all Engineering, Research & Development (ER&D) spending for the set of specific programs assigned.
  • This individual works closely with Engineering, Purchasing, and Product Finance staff to manage and control all aspects of spending on approved programs.
  • Each analyst shares ownership with the Engineering team of the development, reporting, and tracking of budgeted, actual, and forecast spending for assigned programs.
  • This role interacts very closely with the Engineering Operations teams as a direct business partner.

Key Responsibilities:

  • Forecast and budget development
  • Actual and forecast reporting
  • Program spending and KPI tracking.
  • Review and approval of spending requisitions
  • Cost reduction opportunity identification
  • Indirect Cost Control
  • Intercompany Payable/Receivable Accounting
  • Ad-hoc reporting/special projects as needed.

What you'll learn:

  • The ability to work with operational counterparts while practicing financial management (forecasts, budgets).
  • Manage collaboration with engineering counterparts to optimize efficiency of ER&D spending from cost controllership perspective.
  • Ability to make quick decisions in a fast-paced environment.
  • Ability to work with large data sets, and the ability to summarize (and often times present) the material in a clear and concise manner to all levels of management.
  • Learn engineering's product development process as well as the management process throughout the vehicle lifecycle.

What this role will prepare you for:

Provides exposure to various "Industrial" areas, and therefore provides excellent background for rotational positions in the following areas:

  • Product Finance
  • Purchasing Finance
  • Manufacturing Finance

Basic Qualifications

  • Bachelor's degree in Finance or Accounting (if no Bachelor's degree in Finance or Accounting, must have an MBA).
  • Minimum of 5 years of experience in Finance or Accounting.
  • Minimum of 2 years of experience in business unit budgeting and forecasting.
  • Minimum of 2 years of Microsoft Office Suite application experience.
  • Strong project management skills to manage multiple work streams at one time.
  • Ability to deliver on high-priority requests in a timely manner, providing a point of view for direction of deliverable.

Preferred Qualifications:

  • MBA and/or CPA preferred
  • Excellent navigation and comprehensive knowledge of SAP software application
  • Reporting Database (Onestream, HFM, Essbase)
  • Outstanding communication skills (verbal and written)
  • Advanced Excel (Pivot Tables, Lookup), PowerBI/Qlik knowledge beneficial
  • Automotive industry knowledge a plus

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