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Employment Percentage
-0.6152671108
SOC ID
13-2098
SOC Title
Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other
ONET ID
13-2099.01
ONET Concat ID
13209901
Median Salary
84433.35
Ed Level High School
0
Ed Level Certificate
0
Ed Level Some College
0
Ed Level Associates
0
Ed Level Bachelors
26.08
Ed Level Masters
65.220001
Ed Level Doctors
8.7
Typical Ed Level
a Master's or Professional degree
Career Description
Develop quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develop mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.
Core Tasks
  • Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
  • Provide application or analytical support to researchers or traders on issues such as valuations or data.
  • Maintain or modify all financial analytic models in use.
  • Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
  • Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
  • Research new financial products or analytics to determine their usefulness.
  • Devise or apply independent models or tools to help verify results of analytical systems.
  • Define or recommend model specifications or data collection methods.
  • Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
  • Interpret results of financial analysis procedures.
  • Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.
  • Produce written summary reports of financial research results.
  • Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
  • Identify, track, or maintain metrics for trading system operations.
  • Prepare requirements documentation for use by software developers.
  • Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
Start Annual Earnings
46904.66
Top Annual Earnings
164170.29
EMSI Career Title Slug
financial-quantitative-analyst