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Financial Engineering Jobs in Virginia (NOW HIRING)

Enrolled in a full-time graduate degree program in Data Analytics, Computer Science, Applied Mathematics, Statistics, Financial Engineering, Econometrics, Quantitative Finance, Artificial ...

Financial Analyst

Alexandria, VA · On-site

$120K - $160K/yr

Description SAIC is seeking a Financial Analyst to provide support to the Office of the Under Secretary of War for Research and Engineering (OUSW(R&E)) with all phases of the DOW Planning ...

Financial Analyst

Portsmouth, VA · On-site

$85K - $100K/yr

Provide programming, resource planning, and budget management services * Support responses to various data calls and financial inquiries * Gather task data, measure planned versus actual performance ...

You will manage complex financial operations, develop budget analyses and reports, and support senior leadership in planning, programming, budgeting, and execution activities. This position requires ...

Showing results 41-60

Financial Engineering information

See Virginia salary details

$75.3K

$109.9K

$134.8K

How much do financial engineering jobs pay per year?

As of Sep 14, 2026, the average yearly pay for financial engineering 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 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 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 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 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 the work of a financial engineer?

A financial engineer develops mathematical models and uses quantitative techniques to analyze and manage financial risks, design trading strategies, and create financial products. They often work with programming tools like Python or C++ and require strong skills in mathematics, finance, and computer science. Their work supports decision-making in investment banks, hedge funds, and financial institutions.

What jobs do financial engineers get?

Financial engineers typically work as quantitative analysts, risk managers, derivatives traders, or financial modelers in banking, investment firms, hedge funds, and insurance companies. They use skills in mathematics, programming, and financial theory to develop models and strategies for trading, risk assessment, and asset management.

What are the most commonly searched types of Financial Engineering jobs in Virginia?

The most popular types of Financial Engineering jobs in Virginia are:

What are popular job titles related to Financial Engineering jobs in Virginia?

For Financial Engineering jobs in Virginia, the most frequently searched job titles are:

Infographic showing various Financial Engineering job openings in Virginia as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 20% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $109,862 per year, or $52.8 per hour.

Business Financial Analyst with Security Clearance

Norfolk, VA • On-site

Other

Re-posted 3 days ago


Key responsibilities

  • Perform financial planning, budgeting, execution, and tracking of the Operations Budget and assigned projects.

  • Review and process funding documents while monitoring commitments, obligations, expenditures, and project execution.

  • Coordinate technical project planning, scheduling, execution, status reporting, and resource management.


Job description

Overview Business Financial Analyst (C80-2026-25928): Bowhead Program Management & Operations seeks a Business Financial Analyst to support the Business Support Managers (BSMs), Business Support Analysts (BSAs), and Business Operations Branch Head by performing a broad range of financial management, budgeting, project management, and business operations functions. The incumbent is responsible for planning, coordinating, executing, monitoring, and reporting on financial and project activities while ensuring compliance with applicable Department of the Navy financial policies, procedures, internal controls, and regulatory requirements. Responsibilities * Perform financial planning, budgeting, execution, and tracking of the Operations Budget and assigned projects. * Review and process funding documents while monitoring commitments, obligations, expenditures, and project execution. * Perform trend, variance, and predictive analyses to identify financial risks, funding shortfalls, execution trends, and opportunities to improve budget execution and resource utilization. * Develop financial forecasts, spending plans, and budget projections to support workload planning, resource allocation, and organizational priorities. * Conduct what-if analyses and evaluate alternative funding scenarios to support management decision-making, optimize resource utilization, and assess the financial impact of changing program requirements. * Assist with financial recordkeeping, budget reporting, earned value management, business metrics, and program financial analysis. * Develop, maintain, and continuously improve automated financial reporting tools, dashboards, and business intelligence solutions using Microsoft Excel, Power BI, SharePoint, Navy Enterprise Resource Planning (ERP), G-Invoicing, and other enterprise systems. * Integrate financial and operational data to provide actionable insights, improve data quality, support audit readiness, enhance budget execution, monitor project performance, and enable informed, data-driven decision-making for Business Support Managers and senior leadership. * Identify opportunities to improve financial management processes through automation, standardization, data analysis, and process improvement initiatives to increase efficiency, accuracy, transparency, and effectiveness of business operations. * Coordinate technical project planning, scheduling, execution, status reporting, and resource management. * Plan, coordinate, prepare, and process procurement actions, including MILSTRIP requisitions, Government Purchase Card (GPC) purchases, Simplified Acquisition Procedures (SAP) requisitions, and supporting acquisition documentation. Ensure procurement actions comply with applicable Department of Defense, Department of the Navy, acquisition, financial, and organizational policies while monitoring procurement status, funding availability, commitments, obligations, expenditures, and execution. * Coordinate with contracting, purchasing, supply, logistics, technical, and program personnel to support acquisition planning, procurement execution, inventory management, and timely delivery of products and services required to meet mission objectives. * Provide recommendations to Business Support Managers and senior leadership by analyzing financial data, identifying issues, and developing practical solutions. * Utilize Navy Enterprise Resource Planning (ERP), G-Invoicing, and other automated financial systems to execute, monitor, analyze, and improve financial management processes, procurement activities, budget execution, and business operations effectiveness. * Coordinate with accounting, budget, finance, engineering, technical, and management personnel regarding financial, procurement, inventory, and related business matters. * Develop reports, presentations, and other documentation to support program and business operations. * Performs other duties as assigned. Qualifications * Bachelors Degree and five plus (5+) years of experience conducting studies and preparing reports on feasibility and cost effectiveness. * Knowledge of federal financial management principles, regulations, policies, procedures, appropriations law, and Navy Working Capital Fund (NWCF) operations. * Experience with federal acquisition and procurement processes, including acquisition planning, procurement request development, MILSTRIP requisitions, Government Purchase Card (GPC) purchases, Simplified Acquisition Procedures (SAP) requisitions, procurement documentation, funding validation, and coordination with contracting and purchasing organizations. * Experience with project management, including cost estimating, procurement planning, schedule development, schedule tracking, project status reporting, technical writing, and presentation development. * Experience performing financial forecasting, trend, variance, and predictive analyses; developing budget models and spending plans; and conducting what-if analyses to evaluate funding scenarios, support resource allocation, identify financial risks, and provide actionable recommendations to leadership. * Experience developing and maintaining financial and operational dashboards, data visualizations, and automated reporting solutions to support business analytics, performance monitoring, and leadership decision support. * Experience supporting financial audit readiness initiatives, internal controls, data validation, records management, and compliance with federal financial management requirements. * Experience performing cost analysis, affordability assessments, business case analyses, and financial evaluations to support program planning, resource decisions, and organizational priorities. * Understanding of government funding appropriations, purchasing, contracting regulations, and Carderock Division business processes and standard operating procedures. * Practical working knowledge of ERP Program Manager (PM) and/or Program Business & Financial Manager (PBFM) roles. * Proficiency using automated financial systems, including Navy ERP and G-Invoicing. * Intermediate to advanced level skills in Microsoft Office software suite - Word, Excel, Outlook, PowerPoint. * Ability to communicate effectively with all levels of employees and outside contacts. * Strong interpersonal skills and good judgment with the ability to work alone or as part of a team. Target salary is $90,000/annually to $100,000/annually commensurate with experience Please note that the salary information is a general guideline only. Bowhead considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as, market and business considerations when extending an offer. Physical Demands: * Must be able to lift up to 25 pounds * Must be able to stand and walk for prolonged amounts of time * Must be able to twist, bend and squat periodically SECURITY CLEARANCE REQUIREMENTS: Must currently have a security clearance at the Secret level. US Citizenship is a requirement for Secret clearance at this location. #LI-BG1