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Financial Engineer Jobs in Michigan (NOW HIRING)

Optimal Inc.

Financial Analyst

Warren, MI · On-site

Work requires collaboration with purchasing, finance, technical accounting, and engineering.Responsibilities:Analyze contracts to identify contract errors and recovery opportunitiesDeliver high ...

Empire Electronics Inc

Be Seen First

Financial Analyst

Troy, MI · On-site

Analyze financial data and prepare reports to support business operations and strategic decision ... Thanks to our engineering, manufacturing, and testing capabilities, we have reduced cost and ...

Gentherm

Financial Cost Modeling Analyst

Novi, MI · On-site

Partnering closely with Finance, Purchasing, Engineering, Operations, and Commercial teams, the analyst identifies cost drivers, uncovers opportunities for efficiency and margin improvement, and ...

Gentherm

Financial, Cost Modeling Analyst

Novi, MI

Partnering closely with Finance, Purchasing, Engineering, Operations, and Commercial teams, the analyst identifies cost drivers, uncovers opportunities for efficiency and margin improvement, and ...

Optimal Inc.

Financial Analyst

Warren, MI · On-site

Work requires collaboration with purchasing, finance, technical accounting, and engineering. Responsibilities: Analyze contracts to identify contract errors and recovery opportunities Deliver high ...

Aquent

Financial Auditor

Warren, MI · On-site

$35 - $38/hr

Collaborate with key stakeholders, including purchasing, finance, technical accounting, and engineering, to review audit outcomes and strategize recovery approaches. * Support purchasing in ...

Stellantis

Finance Coordinator (VCP)

Auburn Hills, MI · On-site

Financial reporting for purchasing (flow through, carryover, incremental) What This Role Will Prepare You For: * Future roles in Purchasing Finance/Ops, Value Optimization/Engineering, Product Cost ...

Aampower

Financial Analyst

Detroit, MI · Hybrid

Job Posting Title Financial Analyst Summary The Financial Analyst will report to Dauch's Senior ... engineering roots with global manufacturing capabilities and an entrepreneurial spirit to move ...

Aampower

Financial Analyst

Three Rivers, MI · Hybrid

Job Posting Title Financial Analyst Summary Dauch is looking for a Financial Analyst to join our ... engineering roots with global manufacturing capabilities and an entrepreneurial spirit to move ...

Genesys

Develop interpretable, production-grade models that drive retention strategies and financial ... Software Engineering & AI System Architecture * Design and build scalable AI/ML systems with a ...

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Showing results 41-60

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 Aug 11, 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 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 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 jobs do financial engineers get?

Financial engineers typically work as quantitative analysts, risk managers, derivatives traders, or financial modelers in banking, investment firms, hedge funds, and insurance companies. They use skills in mathematics, programming, and financial theory to develop models and strategies for trading, risk assessment, and asset management.

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
Infographic showing various Financial Engineer job openings in Michigan as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $96,583 per year, or $46.4 per hour.

Engineering Finance Analyst / Engineering Cost Controller

ALTEN Technology USA

Auburn Hills, MI • On-site

Other

Posted 26 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 Indirect Expense across multiple programs.
  • This individual works closely with Engineering, Purchasing, and Product Finance staff to manage and control all aspects of spending indirectly supporting 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/variance explanations
  • Program/Indirect spending and KPI tracking
  • Review and Approval of spending requisitions
  • Cost reduction opportunity identification
  • Indirect Cost controlling and ledger deep dives
  • Cost Center mapping/reporting/management
  • 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

Qualifications / Basic Qualifications:

  • Bachelor's degree in Finance or Accounting (if noBachelor'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

Apply