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Financial Engineer Jobs in Virginia (NOW HIRING)

Freddie Mac

Financial Modeling Software Engineer

Mclean, VA · On-site

$109K - $163K/yr

Then welcome to Financial Engineering! This is the place where the financial models become software products, where many of the numbers that drive our business decisions are produced. Our systems are ...

Concord IT Systems

Workday Financial Developer

Mclean, VA · On-site

$60/hr

Workday Financial Consultant Location: Richmond, VA/McLean, VA/Wilmington, DE/Plano, TX Duration: 16 months with possible extension Capital One $60/Hr on W2 Need developers, Not functional resources ...

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All JobsFinancial Engineer JobsFinancial Engineer Jobs in Virginia

Financial Engineer information

See Virginia salary details

$75.3K

$109.9K

$134.8K

How much do financial engineer jobs pay per year?

As of Jul 5, 2026, the average yearly pay for financial engineer in Virginia is $109,862.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,100.00 and $123,400.00 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.
More about Financial Engineer jobs
What are the most commonly searched types of Financial Engineer jobs in Virginia? The most popular types of Financial Engineer jobs in Virginia are:
What are popular job titles related to Financial Engineer jobs in Virginia? For Financial Engineer jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Financial Engineer jobs in Virginia look for? The top searched job categories for Financial Engineer jobs in Virginia are:
What cities in Virginia are hiring for Financial Engineer jobs? Cities in Virginia with the most Financial Engineer job openings:
What are popular job titles related to Financial Engineer jobs in VA? For Financial Engineer jobs in VA, the most frequently searched job titles are:
Financial Engineer jobs near you
Infographic showing various Financial Engineer job openings in Virginia as of June 2026, with employment types broken down into 1% As Needed, 94% Full Time, 1% Part Time, and 4% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $109,862 per year, or $52.8 per hour.
Financial Modeling Software Engineer

Financial Modeling Software Engineer

Freddie Mac

Mclean, VA • On-site

Full-time

Posted 8 days ago

Job description

Job Summary:
Freddie Mac is dedicated to making home possible for millions of families across the country. They are seeking a Financial Modeling Software Engineer to join their Financial Engineering team, where the focus is on developing software products that support financial models used for various business decisions.
Responsibilities:
• Monitor System’s Execution in Production
• Use automated and other tools to detect any problems in the operational environment.
• Proactively connect with technology and business to resolve operational problems.
• Implement automation requirements and other technical enhancements.
• First-line Requirements Validation
• Actively seek opportunities to continuously improve the quality of systems and processes.
• Promote industry-leading design practices for mission-critical applications.
• Perform designed or ad-hoc analysis in a constantly evolving and moving environment to support capital markets trading desks.
• Clearly craft and articulate messages (both written and verbal) related to Finance and Technology to a broad range of audiences
• Seek and design ways to automate tasks; ideally using Python or other programming languages
Qualifications:
Required:
• 3+ years of experience with analytical tools: SQL, Python, Excel, and similar.
• Bachelor's Degree in Computer Science or similar discipline.
• Good knowledge of Fixed Income and/or Finance Analytics.
• Experience in working with and/or supporting mission-critical applications.
Company:
Freddie Mac is a public government-sponsored enterprise that provides mortgage capital to lenders. Founded in 1970, the company is headquartered in Mclean, USA, with a team of 5001-10000 employees. The company is currently Late Stage.
Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970

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