A Day In The Life
STEM Field of Interest
Salary Breakdown
Financial Quantitative Analysts
Average
$73,870
ANNUAL
$35.51
HOURLY
Entry Level
$47,310
ANNUAL
$22.75
HOURLY
Mid Level
$69,200
ANNUAL
$33.27
HOURLY
Expert Level
$103,670
ANNUAL
$49.84
HOURLY
Top Expected Tasks
Financial Quantitative Analysts
01
Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
02
Provide application or analytical support to researchers or traders on issues such as valuations or data.
03
Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
04
Maintain or modify all financial analytic models in use.
05
Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
06
Research new financial products or analytics to determine their usefulness.
07
Devise or apply independent models or tools to help verify results of analytical systems.
08
Define or recommend model specifications or data collection methods.
09
Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
10
Interpret results of financial analysis procedures.
Knowledge, Skills & Abilities
Financial Quantitative Analysts
Common knowledge, skills & abilities needed to get a foot in the door.
KNOWLEDGE
Mathematics
KNOWLEDGE
Computers and Electronics
KNOWLEDGE
Economics and Accounting
KNOWLEDGE
English Language
KNOWLEDGE
Engineering and Technology
SKILL
Mathematics
SKILL
Critical Thinking
SKILL
Reading Comprehension
SKILL
Complex Problem Solving
SKILL
Active Listening
ABILITY
Mathematical Reasoning
ABILITY
Number Facility
ABILITY
Deductive Reasoning
ABILITY
Inductive Reasoning
ABILITY
Oral Comprehension
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