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Financial Engineer Jobs in Madison, WI (NOW HIRING)

Intern Engineering

Sun Prairie, WI ยท On-site

$16.25 - $21.25/hr

... an Associate Engineer role. The skills and experience we prefer you have: * Currently pursuing a Bachelor or Master's degree in Computer Science, Software Engineering, Computer Engineering ...

Intern Engineering

Sun Prairie, WI ยท On-site

$16.25 - $21.25/hr

... an Associate Engineer role. The skills and experience we prefer you have: * Currently pursuing a Bachelor or Master's degree in Computer Science, Software Engineering, Computer Engineering ...

Implementation Engineer

Oregon, WI ยท On-site

$80 - $100/hr

Experience in financial services or regulated environments * Background in developer enablement or internal platforms * Experience building training programs from scratch * Certifications in ...

Data Engineer

Madison, WI ยท On-site

$120K/yr

As a Data Engineer , you will be responsible for implementing and optimizing data pipelines ... for its financial strength and longevity in the insurance industry. Our reputation in the ...

Data Engineer

Madison, WI ยท On-site

$120K/yr

As a Data Engineer , you will be responsible for implementing and optimizing data pipelines ... for its financial strength and longevity in the insurance industry. Our reputation in the ...

Internship, co-op experience, or exposure to real-world construction, field engineering, estimating ... Develop Financial Awareness: Assist with cost tracking, invoice coding, change order support, and ...

Geotechnical Engineering (Slope Stability, Seepage, Foundations), Structural (Excavations Support ... Support and Financial Rewards for Publication Awards, Professional Dues, and Professional Licenses

Geotechnical Engineering (Slope Stability, Seepage, Foundations), Structural (Excavations Support ... Support and Financial Rewards for Publication Awards, Professional Dues, and Professional Licenses

Geotechnical Engineering (Slope Stability, Seepage, Foundations), Structural (Excavations Support ... Support and Financial Rewards for Publication Awards, Professional Dues, and Professional Licenses

Geotechnical Engineering (Slope Stability, Seepage, Foundations), Structural (Excavations Support ... Support and Financial Rewards for Publication Awards, Professional Dues, and Professional Licenses

Geotechnical Engineer

Middleton, WI ยท Hybrid

$85K - $100K/yr

Geotechnical Engineering (Slope Stability, Seepage, Foundations), Structural (Excavations Support ... Support and Financial Rewards for Publication Awards, Professional Dues, and Professional Licenses

Data Engineer

Madison, WI ยท On-site

$90 - $140/hr

As a Data Engineer , you will be responsible for implementing and optimizing datapipelines ... for its financial strength and longevity in the insurance industry. Our reputation in the ...

New

Staff Engineer

Middleton, WI ยท Hybrid

$70K - $80K/yr

Geotechnical Engineering (Slope Stability, Seepage, Foundations), Structural (Excavations Support ... Support and Financial Rewards for Publication Awards, Professional Dues, and Professional Licenses

Showing results 41-60

Financial Engineer information

See Madison, WI salary details

$76.6K

$111.7K

$137K

How much do financial engineer jobs pay per year?

As of Sep 4, 2026, the average yearly pay for financial engineer in Madison, WI is $111,657.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,800.00 and $125,400.00 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 Madison, WI?

For Financial Engineer jobs in Madison, WI, the most frequently searched job titles are:

What job categories do people searching Financial Engineer jobs in Madison, WI look for?

The top searched job categories for Financial Engineer jobs in Madison, WI are:

Infographic showing various Financial Engineer job openings in Madison, WI as of August 2026, with employment types broken down into 3% Internship, 88% Full Time, 6% Part Time, and 3% Summer. Highlights an 94% In-person, and 6% Remote job distribution, with an average salary of $111,657 per year, or $53.7 per hour.

Senior Software Engineer

State of Wisconsin Investment Board

Madison, WI โ€ข On-site

$123K - $162K/yr

Full-time

Posted 9 days ago


Job description

Sophisticated Work. In a Great City. Making a Difference.
The State of Wisconsin Investment Board (SWIB) manages more than $178 billion in assets, including those of the fully-funded Wisconsin Retirement System (WRS). SWIB operates at a level more often seen in top-tier global asset managers than in typical public pension funds. SWIB is a home for top talent. Approximately 61 percent of SWIB's investment professionals are Chartered Financial Analyst (CFA) charterholders.
The City of Madison, the state capitol and home of Wisconsin's flagship university, makes regular appearances on lists of best places to live, eat, and play. SWIB offers a modern workspace, hybrid work options, and competitive compensation and benefits.
Serving over 703,000 WRS beneficiaries, SWIB is driven by a clear mission: securing the financial future of those who serve Wisconsin. When you work at SWIB, you know your work matters.
Job Description:
Job Description
Applicants on an OPT, CPT visa or anyone requiring H-1B transfers or sponsorship into the H-1B lottery will not be considered for this position.
What You'll Do
  • Design, build, and maintain production-grade APIs and system integrations that support critical workflows
  • Own the end-to-end lifecycle of services and applications, from design and implementation through deployment, monitoring, and iteration
  • Build automated, cloud-native workflows, including thoughtful use of AI capabilities where they provide clear business value
  • Contribute to user-facing interfaces that make complex workflows understandable and efficient for end users
  • Design and manage data models and persistence layers, including schema design, performance tuning, and troubleshooting
  • Deploy and operate applications in cloud environments using best practices for security, reliability, observability, and cost awareness
  • Apply AI pragmatically - both as a development accelerator and, where appropriate, as part of production systems (e.g., LLMs, vector search, NLP APIs)
  • Participate actively in code reviews, design discussions, and technical decision-making, raising the quality bar for the team
  • Mentor and support less-experienced engineers through pairing, reviews, and knowledge sharing
  • Collaborate closely with technical and non-technical partners to translate business needs into clear, maintainable technical solutions
  • Contribute to the evolution of engineering standards, patterns, and tooling within the team and broader organization

What You Bring
  • Bachelor's degree in Computer Science, Engineering, or a related field, or equivalent practical experience
  • 5+ years of professional software development experience (or equivalent demonstrated impact)
  • Strong proficiency in Python, with experience building and maintaining production-grade systems
  • Solid experience working with databases (SQL and/or NoSQL), including data modeling and performance considerations
  • Hands-on experience with cloud platforms such as Azure, AWS, or GCP
  • Proven experience designing, building, and delivering end-to-end software systems in real world production environments
  • Familiarity in finance and in financial systems (e.g., financial data, instruments, reporting, or workflows), and interest in applying technology in this domain
  • Experience with or strong interest in AI technologies, such as LLMs, vector databases, or NLP APIs
  • Sound technical judgment and the ability to balance delivery speed, quality, and long-term maintainability
  • Strong communication skills and a collaborative, team-oriented mindset

What You'll Gain
  • Ownership of meaningful, high-impact systems used across the organization
  • Opportunities to influence architecture, technical standards, and engineering practices
  • Hands-on work with modern cloud and AI technologies in real-world production use cases
  • Close partnership with stakeholders across engineering, data, and business teams

SWIB Offers:
  • Competitive total cash compensation, based on AON (formerly McLagan) industry benchmarks
  • Comprehensive benefits package
  • Educational and training opportunities
  • Tuition reimbursement
  • Challenging work in a professional environment
  • Hybrid work environment

The position requires U.S. work authorization.
Pursuant to our Hybrid Remote Work Policy, all staff have the flexibility to work remotely but are required to have a weekly presence in our offices, the frequency of which is dependent on their distance from office or the job position. Staff are not required to reside locally; however, we offer relocation reimbursement to the Dane County area per our policy.
All SWIB employees are subject to SWIB's Ethics Policy and Personal Trade Approvals Policy. These policies include restrictions on outside business activities and employment and have limits on personal trading. You may request copies of these policies from SWIB's talent acquisition team and any questions can be answered by SWIB's compliance team.