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Financial Engineer Jobs in Rhode Island (NOW HIRING)

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Job Summary Manage project engineering, financial reporting, and document control from a central office as needed concentrating on the schedule, budget updates, vendor/subcontractor contracts, client ...

Senior Data Engineer

Carolina, RI

$106K - $144K/yr

Troubleshoot complex data issues and implement robust solutions Mentorship and Knowledge Sharing - Mentor junior data engineers and provide technical guidance. Contribute to the development of best ...

Senior Data Engineer

Carolina, RI · On-site +1

$106K - $144K/yr

The Senior Data Engineer is responsible for designing, developing, enhancing, and supporting enterprise applications that enable Financial Model Execution Platforms and related business capabilities ...

... financial data and contracts • Perform final inspections, punch list exceptions, and expedite ... 10+ years engineering experience with significant supervisory responsibility in a commercial ...

Showing results 41-60

Financial Engineer information

See Rhode Island salary details

$74.4K

$108.5K

$133.2K

How much do financial engineer jobs pay per year?

As of Aug 22, 2026, the average yearly pay for financial engineer in Rhode Island is $108,519.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,900.00 and $121,900.00 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 Rhode Island?

The most popular types of Financial Engineer jobs in Rhode Island are:

What are popular job titles related to Financial Engineer jobs in Rhode Island?

For Financial Engineer jobs in Rhode Island, the most frequently searched job titles are:

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

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

Infographic showing various Financial Engineer job openings in Rhode Island as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $108,519 per year, or $52.2 per hour.

Full-time

Posted 17 days ago


First Citizens Bank rating

7.4

Company rating: 7.4 out of 10

Based on 106 frontline employees who took The Breakroom Quiz

106th of 171 rated banks


Job description

Overview
This position leads the development and support of infrastructure that supports the Bank's database technologies. Serves as a technical lead resource in project planning and management, problem resolution, and hardware or software support. Presents technical alternatives and solutions to management that are reliable, adaptable, and cost-effective. Leads technical teams on assigned projects and collaborates effectively across the organization. Implements, upgrades, and tests technical systems that ensure the Bank's applications run smoothly. Provides consultative guidance to associates, management, and business units through expertise in multiple technologies. Serves as a resource to associates and may provide leadership for other database administrators by assigning and reviewing work within the team.
Responsibilities & Qualifications
Duties & Responsibilities:
Consultation - Provides consultative direction and technical advice on to the Bank's software, hardware, and related database infrastructure. Supports all areas of Technology and Operations in addressing reliability, availability, scalability, security, and recovery. Provide on-call support to ensure availability and reliability of database infrastructure. May be asked to act as a team lead. Team leads may be asked to assign tasks and mentor/train team members.
Analysis - Evaluates the performance of existing and proposed systems components in delivering solutions for technology, operations, and business needs. Analyzes hardware platforms, operating systems, applications, and data assets. Provides key insight into new systems software, hardware, and applications. Investigates solutions for enhanced data recovery.
Technical Support - Supports all areas of Technology and Operations in addressing reliability, availability, scalability, security, and recovery. Provides support for technical systems that execute business applications at a high level of ability and expertise. Configures, installs, and upgrades systems. Manages technical projects and assists management with other business initiatives. Resolves complex technical problems and failures, and automates tasks for improved efficiencies.
Technical Expertise - Maintains a strong knowledge base in order to effectively consult and direct others on technical matters. Communicates effective and clear technical information across platforms.
Position Specific Skills:
Understanding of relational database constructs
High availability design of databases
Structured query language
Familiarity with various tools or utilities used in supporting database platforms (Commvault, TOAD, DBVisualizer, Idera, Solarwinds, etc)
Design of databases, structured query language, and familiarity of multiple database platforms (for example, SQL Server, Oracle, DB2, Netezza, etc.).
Experience in supporting environments with 24x7 on-call in a corporate workplace is a plus as is experience in the financial sector
Qualifications:
Minimum Required Education and Experience: Bachelor's Degree and 8 years' experience OR High School Diploma or GED/Equivalent and 12 years' experience in Database Technologies
Preferred Education:Bachelor's Degree
Preferred Area of Study:Relational Databases
Preferred Area of Experience:Financial Sector
Required Licenses or Certifications:
Preferred Licenses or Certifications:IBM Certification - IO;Microsoft Certified Systems Engineer - IO;Oracle Certification - IO
Additional Information

Bachelor's Degree and 8 years of experience in Database Technologies OR High School Diploma or GED and 12 years of experience in Database Technologies

  • Deep understanding of database administration, architecture, engineering, and operational support. 
  • Experience supporting mission-critical environments requiring high availability and disaster recovery capabilities. 
  • Experience working within regulated environments with strong security and compliance requirements. 

Preferred Qualifications 

  • 10+ years of Database Administration, Engineering, or Architecture experience. 
  • Experience supporting Banking, Financial Services, or other highly regulated industries. 
  • Expertise with (preferably in this order) PostgreSQL, DB2, Netezza, Oracle Database, SQL Server, MongoDB 
  • Experience with various database and infrastructure management and monitoring tools  
  • Experience leading technology modernization, cloud adoption, and enterprise transformation initiatives. 

Preferred Certifications 

  • Certifications for PostgreSQL, DB2, Netezza, Oracle Database, SQL Server, MongoDB 

Core Competencies 

  • Enterprise Database Architecture 
  • Cloud Database Engineering 
  • AWS and Hybrid Cloud Technologies 
  • Technical Leadership 
  • Database Modernization 
  • Security & Compliance Governance 
  • Disaster Recovery & High Availability 
  • Vendor & Technology Evaluation 

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Qualifications:

Bachelor's Degree and 8 years of experience in Database Technologies OR High School Diploma or GED and 12 years of experience in Database Technologies

  • Deep understanding of database administration, architecture, engineering, and operational support. 
  • Experience supporting mission-critical environments requiring high availability and disaster recovery capabilities. 
  • Experience working within regulated environments with strong security and compliance requirements. 

Preferred Qualifications 

  • 10+ years of Database Administration, Engineering, or Architecture experience. 
  • Experience supporting Banking, Financial Services, or other highly regulated industries. 
  • Expertise with (preferably in this order) PostgreSQL, DB2, Netezza, Oracle Database, SQL Server, MongoDB 
  • Experience with various database and infrastructure management and monitoring tools  
  • Experience leading technology modernization, cloud adoption, and enterprise transformation initiatives. 

Preferred Certifications 

  • Certifications for PostgreSQL, DB2, Netezza, Oracle Database, SQL Server, MongoDB 

Core Competencies 

  • Enterprise Database Architecture 
  • Cloud Database Engineering 
  • AWS and Hybrid Cloud Technologies 
  • Technical Leadership 
  • Database Modernization 
  • Security & Compliance Governance 
  • Disaster Recovery & High Availability 
  • Vendor & Technology Evaluation 

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Education:UNAVAILABLEEmployment Type: FULL_TIME

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