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Financial Math Jobs (NOW HIRING)

Financial Assistant

New York, NY · On-site

$58K - $60K/yr

Position Summary The Department of Mathematics is a world-class center of discovery, collaboration ... Reporting to the Director of Academic Administration and Finance (DAAF), the Financial Assistant ...

Develop, maintain, and continuously refine sophisticated mathematical allocation models ... Financial systems knowledge, strong data analysis skills, and the ability to extract, transform ...

NY

$24 - $26/hr

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Mathematical, logical, and analytical skills; financial management abilities Responsibilities: * Contact and assist residents/family members with the processing of Medicaid recertifications/3559 ...

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Financial Math information

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$31.5K

$71.6K

$115K

How much do financial math jobs pay per year?

As of Aug 16, 2026, the average yearly pay for financial math in the United States is $71,627.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,500.00 and $92,000.00 per year, depending on experience, location, and employer.

What is financial math?

Financial math, also known as financial mathematics or quantitative finance, is the study of mathematical methods and models used to solve problems in finance. This field applies concepts from probability, statistics, and calculus to analyze financial markets, price financial instruments such as stocks and derivatives, and manage risk. Professionals in financial math work in areas like investment banking, risk management, and financial engineering, helping organizations make data-driven decisions. A solid background in mathematics, finance, and computer programming is typically required for success in this field.

What are financial mathematics jobs?

Financial mathematics jobs involve applying mathematical models and quantitative techniques to analyze financial markets, manage risk, and develop investment strategies. Common roles include quantitative analyst, risk analyst, financial engineer, and actuary, often requiring skills in programming, statistics, and financial theory.

How much do financial mathematicians make?

Financial mathematicians typically earn a median annual salary of around $100,000 to $130,000, with higher earnings possible for those with advanced degrees, specialized skills, or experience in quantitative analysis. Salaries can vary based on industry, location, and level of expertise, and many roles require proficiency in programming and statistical tools.

What is the difference between Financial Math vs Quantitative Analyst?

AspectFinancial MathQuantitative Analyst
Required CredentialsDegree in Mathematics, Finance, or related field; often certifications like CFA or FRMDegree in Mathematics, Finance, or related field; often certifications like CFA or FRM
Work EnvironmentFinancial institutions, investment firms, risk management departmentsInvestment banks, hedge funds, asset management firms
Industry UsageUsed for risk modeling, financial product development, quantitative researchUsed for trading strategies, risk assessment, financial modeling

Financial Math and Quantitative Analyst roles share similar educational backgrounds and certifications, often working in financial institutions. However, Financial Math focuses more on developing mathematical models for risk and pricing, while Quantitative Analysts typically engage in trading strategies and financial analysis. Both roles are integral to the finance industry but serve different primary functions.

What does a financial mathematician do?

A financial mathematician applies mathematical models and quantitative techniques to analyze financial markets, assess risk, and develop investment strategies. They often work with tools like calculus, statistics, and programming languages such as Python or R, typically in finance, banking, or investment firms. Strong analytical skills and knowledge of financial theories are essential for this role.

What are the key skills and qualifications needed to thrive in a financial math role?

Excelling in a Financial Math role requires a strong background in mathematics, statistics, finance, and typically a relevant degree such as finance, mathematics, or economics. Familiarity with financial modeling tools, programming languages like Python or R, and software such as Excel or MATLAB is commonly expected. Analytical thinking, problem-solving abilities, and effective communication are crucial soft skills that distinguish top performers. These competencies enable professionals to analyze complex financial data, model risk, and provide actionable insights for sound financial decision-making.

What are the typical challenges faced by professionals working in financial math roles, and how can they be addressed?

Professionals in Financial Math often encounter challenges such as interpreting complex datasets, managing rapidly changing market conditions, and ensuring the accuracy of quantitative models. Staying current with financial regulations and advancements in modeling techniques is also essential. Addressing these challenges requires continuous learning, effective collaboration with cross-functional teams (like risk management and IT), and leveraging advanced analytical tools. Building strong communication skills is equally important, as conveying technical findings to non-technical stakeholders is a frequent part of the role.

What can you do with a financial math degree?

A financial math degree prepares individuals for roles such as financial analyst, risk manager, quantitative analyst, or actuary. These positions involve analyzing financial data, developing models, and using tools like Excel and programming languages such as Python or R. The degree provides a strong foundation in mathematics, finance, and data analysis essential for these careers.
More about Financial Math jobs

What cities are hiring for Financial Math jobs?

Cities with the most Financial Math job openings:

What states have the most Financial Math jobs?

States with the most job openings for Financial Math jobs include:

Infographic showing various Financial Math job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $71,627 per year, or $34.4 per hour.

Financial Assistant

Columbia University

New York, NY • On-site

$58K - $60K/yr

Full-time

Posted 25 days ago


Job description

  • Job Type: Support Staff - Union
  • Bargaining Unit: Local 2110
  • Regular/Temporary: Regular
  • End Date if Temporary:
  • Hours Per Week: 35
  • Salary Range: $58,360-$60,000

The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The above hiring range represents the University's good faith and reasonable estimate of the range of possible compensation at the time of posting.
Position Summary
The Department of Mathematics is a world-class center of discovery, collaboration, and innovation in the mathematical sciences. Home to distinguished faculty, researchers, and students, the department fosters a thriving intellectual community enriched by visiting scholars from around the globe. Research spans an extraordinary range of areas from Algebraic Geometry, Geometric Analysis, and Mathematical Physics to Number Theory, Probability & Financial Mathematics, and Topology, reflecting the department's deep commitment to both foundational theory and emerging frontiers to train the next generation of mathematical leaders, positioning Columbia University at the forefront of mathematical thought and global scholarship.
Reporting to the Director of Academic Administration and Finance (DAAF), the Financial Assistant will provide administrative and financial support to the department.
Responsibilities
  • Communicates with individuals at all levels, including students, faculty, visitors, and external vendors. Serves as initial point of contact for internal and external payment inquiries.
  • Conveys routine details regarding department and university policies, submission requirements, voucher status, and eligibility for foreign payments.
  • Follows through and resolves issues and holds with Accounts Payable, Purchasing, Vendor Management, and other offices.
  • Receives, prepares, and processes all accounts payable for the department, including a high volume of invoices, faculty and student reimbursements, check requests, and requisitions/purchase orders/change orders. Initiates all transactions using the Columbia ARC and Concur systems, ensuring appropriate documentation is provided for all expenses.
  • Ensures proper use of accounting codes and allocation of expenses on all payments. Assists Business Manager with monthly reconciliation of department accounts by providing receipts and documentation as necessary.
  • Files submitted and reconciled expenses according to department guidelines.
  • Reviews and reconciles faculty purchasing card transactions in a timely manner, following University policies and deadlines, and troubleshooting as necessary.
  • Ensures compliance with department, university, and federal policies and regulations for all payments, escalating special circumstances for manager review as needed.
  • Acts as point of contact with Vendor Management for creation of new vendor profiles and updating/maintenance of existing vendors.
  • Assists in the preparation of responses to audit inquiries.
  • Updates internal database of received and submitted vouchers and payments. Independently follows up on outstanding vouchers and other payments by monitoring payment status against internal database.
  • Provides additional office support by answering telephones, responding to and directing callers and visitors to the main office.
  • Assists the Administrative Assistant in planning and coordination of department special events, conferences, receptions, open houses, and other academic, department, and social events as needed.
  • Serves as secondary support for office supply orders and catering for department events.
  • Performs other financial and administrative duties as assigned.

Minimum Qualifications
  • High School diploma or equivalent.
  • Three years of related experience.

Preferred Qualifications
  • Some college preferred.

Other Requirements
  • Excellent written, verbal, and interpersonal communication skills.
  • Ability to maintain high confidentiality and professionalism with a client focus.
  • Strong multi-tasking, prioritization, and organization skills.
  • Attention to detail, research, critical thinking, analytical and problem-solving skills.
  • Self-starter, a fast learner who can work independently under limited supervision.
  • Highly proficient with PC, Microsoft Word, and Excel.
  • Knowledge of or ability to quickly learn university financial systems and policies.
  • Demonstrated ability to produce high quality and accurate results in a high volume, fast paced environment.
  • Works well in an interactive team environment.

Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.