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Financial Engineering Jobs in California (NOW HIRING)

Sun West Mortgage-Since 1980

Be Seen First

Financial Analyst / Financial Engineer

Cerritos, CA · On-site

$90K - $150K/yr

We're scaling our financial infrastructure, and we need sharp minds to strengthen the financial engineering, modeling, and optimization that powers the entire Sun West platform. The Mission Forget ...

Conventus

Financial Engineer

Westlake Village, CA · On-site

$107K - $132K/yr

Financial Engineer Location: CA - Westlake Village What you'll do: As a Financial Engineer, you will be part of the Corporate Modeling Analytics team, focused on developing, maintaining, and ...

Conventus

Financial Engineer

Westlake Village, CA

$107K - $132K/yr

Financial Engineer Location: CA - Westlake Village What you'll do: As a Financial Engineer, you'll be part of the Capital Market's Analytics team that focuses on building, maintaining, and enhancing ...

Jobsbridge

SAS Developer

Pasadena, CA

Company Description Intelliswift Software, Inc Analyze and comprehend the financial engineering and intent of statistical risk factor and security valuation models. Design and develop efficient ...

Jobsbridge

SAS Developer

Pasadena, CA

Company Description Intelliswift Software, Inc Analyze and comprehend the financial engineering and intent of statistical risk factor and security valuation models Design and develop efficient ...

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All JobsFinancial Engineering JobsFinancial Engineering Jobs in California

Financial Engineering information

See California salary details

$75K

$109.4K

$134.2K

How much do financial engineering jobs pay per year?

As of Aug 7, 2026, the average yearly pay for financial engineering in California is $109,361.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,700.00 and $122,900.00 per year, depending on experience, location, and employer.

What is the difference between Financial Engineering vs Quantitative Analyst?

AspectFinancial EngineeringQuantitative Analyst
Required CredentialsDegree in Financial Engineering, Mathematics, or related fields; often certifications like CQFDegree in Finance, Mathematics, or Statistics; certifications like CFA or CQF are common
Work EnvironmentFinancial institutions, hedge funds, investment banks; focus on product development and risk managementTrading desks, asset management firms; focus on data analysis and model development
Employer & Industry UsageUsed in risk management, derivatives pricing, and structured productsUsed in trading strategies, portfolio management, and risk assessment

Financial Engineering and Quantitative Analysts often share similar educational backgrounds and work in related financial sectors. While Financial Engineers focus on creating financial products and managing risks through complex models, Quantitative Analysts primarily analyze data to inform trading and investment decisions. Both roles require strong quantitative skills and often overlap in financial institutions.

What is financial engineering?

Financial engineering is the application of mathematical techniques, computer science, and statistical methods to solve problems and create innovative solutions in finance. Professionals in this field develop new financial products, manage risk, and optimize investment strategies using quantitative models. Financial engineers often work in banks, investment firms, hedge funds, or financial technology companies, helping organizations manage complex financial systems and products. The discipline combines finance, mathematics, statistics, and programming to address challenges in areas like derivatives pricing, risk management, and portfolio optimization.

What jobs do financial engineers get?

Financial engineers typically work as quantitative analysts, risk managers, derivatives traders, or financial modelers in banks, investment firms, hedge funds, and financial technology companies. They use skills in mathematics, programming, and financial theory to develop models for pricing, trading, and risk assessment. Certifications like CFA or FRM can enhance job prospects in this field.

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 quantitative analysis, mathematics, programming, and finance, typically supported by a relevant degree such as financial engineering, mathematics, or computer science. Expertise in programming languages like Python, R, or C++, as well as familiarity with financial modeling software and risk management systems, is essential. Strong problem-solving, analytical thinking, and communication skills set top performers apart in this role. These skills are crucial for designing innovative financial products, managing complex risks, and translating quantitative insights into actionable business strategies.

What are some common challenges faced by financial engineers when implementing quantitative models in real-world financial institutions?

Financial engineers often encounter challenges such as aligning complex quantitative models with existing IT infrastructure and ensuring the models comply with regulatory requirements. Additionally, translating theoretical models into practical, scalable solutions that can handle large volumes of real-time data requires close collaboration with software developers and risk managers. Effective communication with non-technical stakeholders is also crucial, as financial engineers must explain model assumptions and results to decision-makers from diverse backgrounds.
What are the most commonly searched types of Financial Engineering jobs in California? The most popular types of Financial Engineering jobs in California are:
What are popular job titles related to Financial Engineering jobs in California? For Financial Engineering jobs in California, the most frequently searched job titles are:
What job categories do people searching Financial Engineering jobs in California look for? The top searched job categories for Financial Engineering jobs in California are:
What cities in California are hiring for Financial Engineering jobs? Cities in California with the most Financial Engineering job openings:
Financial Engineering jobs near you
Infographic showing various Financial Engineering job openings in California as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $109,361 per year, or $52.6 per hour.

Financial Engineering - Project & Structured Finance Analyst

Raymond James Financial, Inc.

Los Angeles, CA • On-site

$75K - $125K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago

Job description

Job Description Summary
Join a team developing innovative financing solutions for some of the most complex public infrastructure and nonprofit projects in the United States. Working directly with senior bankers, you will help structure and execute complex financings while developing sophisticated financial models that evaluate debt capacity, project feasibility, capital structures, and long-term project performance.
This unique role sits at the intersection of financial engineering and investment banking, combining advanced quantitative modeling capital markets financing. You will help design innovative financing structures that expand access to capital for public agencies, nonprofit organizations, educational institutions, and other public-purpose borrowers.
Job Description
Primary Responsibilities
  • Own significant portions of financial analyses and transaction workstreams while partnering directly with senior bankers to solve complex financing challenges and develop innovative capital solutions for clients.
  • Develop, maintain, and enhance sophisticated Excel-based financial models used to evaluate debt capacity, project feasibility, financing alternatives, capital structures, long-term cash flow performance, and asset sales.
  • Build and analyze complex financing models incorporating multiple debt instruments, layered capital structures, cash flow waterfalls, credit enhancement features, and alternative financing scenarios.
  • Design and evaluate innovative financing structures that improve access to capital for governmental agencies, nonprofit organizations, educational institutions, and other public-purpose borrowers.
  • Perform scenario analysis, sensitivity analysis, optimization modeling, and other quantitative analyses to evaluate financing alternatives.
  • Prepare presentations, financing proposals, and analytical materials used to evaluate and communicate financing alternatives.
  • Identify opportunities to leverage automation, AI-assisted analytical tools, and emerging technologies to improve modeling efficiency and analytical workflows.

Desired Qualifications
  • Bachelor's or Master's degree in Finance, Financial Engineering, Engineering, Applied Mathematics, Statistics, Physics, Computer Science, Quantitative Economics, Operations Research, or another highly quantitative discipline.
  • Expert-level Microsoft Excel skills with demonstrated experience building sophisticated financial or quantitative models.
  • Strong quantitative reasoning, mathematical aptitude, and analytical problem-solving capabilities.
  • Ability to quickly understand, audit, modify, and enhance complex existing financial models.
  • Experience with optimization techniques (including linear optimization or mathematical programming) is beneficial.
  • Ability to manage multiple concurrent projects in a fast-paced environment.
  • Familiarity with AI-assisted analytical tools and the ability to effectively incorporate emerging technologies into quantitative workflows.
  • Programming experience in Python, VBA or similar analytical languages is beneficial but not required.
  • Excellent attention to detail and commitment to analytical accuracy.

Experience
Prior experience in public finance, project finance, structured finance, investment banking, quantitative finance, engineering, or another analytical field is preferred but not required. We recognize that exceptional analytical talent comes from many disciplines. Candidates with outstanding analytical ability, demonstrated financial modeling skills, and a passion for solving complex problems are encouraged to apply, regardless of prior finance experience. Stronger candidates may be considered for an Associate title.
This role provides exceptional opportunities to develop expertise in financial engineering, project finance, structured finance, public finance, and investment banking.
Location
Preferred locations include Southern California, Northern California, and the Seattle metropolitan area; however, we place greater value on finding the right candidate than on geography. Remote work arrangements will be considered for highly qualified candidates.
Education
Bachelor's (Required)
Work Experience
General Experience - 3 to 6 years
Certifications
Salary Range
$75,000.00-$125,000.00
Travel
Less than 25%
Workstyle
Resident
The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

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