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Financial Engineer Jobs in Dallas, TX (NOW HIRING)

The Financial Engineer will assist in backtesting, software verification, and the independent implementation of new flagship Risk Systems. The role will include the application of statistical and ...

The Financial Engineer will assist in backtesting, software verification, and the independent implementation of new flagship Risk Systems. The role will include the application of statistical and ...

Financial Data Engineer

Addison, TX · On-site +1

$85K - $111K/yr

Bachelor degree in Computer Science, Data Science, Financial Engineering, Quantitative Finance, or a related sciences/technology field, or equivalent experience * 3-5 years of experience in any/all ...

Financial Data Engineer

Addison, TX · On-site

$85K - $111K/yr

Bachelor degree in Computer Science, Data Science, Financial Engineering, Quantitative Finance, or a related sciences/technology field, or equivalent experience * 3-5 years of experience in any/all ...

Financial Data Engineer

Addison, TX · On-site +1

$85K - $111K/yr

Bachelor degree in Computer Science, Data Science, Financial Engineering, Quantitative Finance, or a related sciences/technology field, or equivalent experience * 3-5 years of experience in any/all ...

Experience working in enterprise finance transformation or EPM projects. Familiarity with cloud ... Plano, TX We are seeking an experienced Developer with strong expertise in Tagetik to support the ...

Knowledge of financial planning, consolidation, reporting, and performance management processes ... We deliver agile, scalable talent solutions across IT, engineering, life sciences, clinical, and ...

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Financial Engineer information

See Dallas, TX salary details

$75.2K

$109.6K

$134.5K

How much do financial engineer jobs pay per year?

As of Aug 23, 2026, the average yearly pay for financial engineer in Dallas, TX is $109,619.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,900.00 and $123,200.00 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 popular job titles related to Financial Engineer jobs in Dallas, TX?

For Financial Engineer jobs in Dallas, TX, the most frequently searched job titles are:

What job categories do people searching Financial Engineer jobs in Dallas, TX look for?

The top searched job categories for Financial Engineer jobs in Dallas, TX are:

What cities near Dallas, TX are hiring for Financial Engineer jobs?

Cities near Dallas, TX with the most Financial Engineer job openings:

Infographic showing various Financial Engineer job openings in Dallas, TX as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $109,619 per year, or $52.7 per hour.

Financial Engineer

1872 Consulting

Dallas, TX • Hybrid

Full-time

This job post has expired today. Applications are no longer accepted.


Job description

Financial EngineerThis role is open with a financial services company, who is currently engaged in building new cutting-edge risk systems. The Financial Engineer will assist in backtesting, software verification, and the independent implementation of new flagship Risk Systems. The role will include the application of statistical and data analytic techniques to market and financial risk data.– onsite 2-3 days per week, WFH 2-3 days per weekResponsibilities:Verify accuracy and reliability of the software implementation of the modelImplement complex independent tests to validate the implementation of risk systems.Implement risk analysis tools, such as back testing tools, to support ongoing monitoringImplement repeatable back testing suites for both new and existing modelsImplement independent models to benchmark production modelsAssess the quality of input and output data as well as parameters for the risk systems as well as between components of the risk systemsDocument testing activitiesCommunicate with Model Risk Management and other departments about issues and concernsCreate logical and innovative solutions to complex problemsComplete all activities in accordance with strict business timelinesRequirements:3+ years of experience doing fintech or financial services developmentDevelopment experience in Java, R, C#, C++, C, or PythonPrevious experience with SQL databases, MS SQL Server Management Studio, and/or SquirrelNice to have:Exposure to options valuation theory and options marketsExperience with Risk ManagementDegree in mathematical finance, econometrics, mathematics, statistics, physics, or engineering


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About 1872 Consulting

Sourced by ZipRecruiter

1872 Consulting, based in Chicago, IL, USA, operates within the IT consulting industry. Armed with a diverse team of experts, the company offers specialized IT consulting services, focusing on modernizing business technologies and driving innovative business strategies. Established in 1872, the company has a rich history marked by its commitment to bridging the gap between businesses and technology. Its mission is to empower organizations to surpass their business goals by providing state-of-the-art IT solutions and service. The company prides itself on its core values of integrity, excellence, and innovation, instilling these principles in every project they undertake.

Industry

It services

Company size

11 - 50 Employees

Headquarters location

Chicago, IL, US

Year founded

2014