Financial Quantitative Analysts
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.
29 alternate job titles:
Salary Information
Financial Quantitative Analysts: $80,190 (median) per year.
Starting salary (10th percentile).
Required expreience: Varies by Company
Data source: U.S. Bureau of Labor Statistics
Daily Tasks & Responsibilities
| Task Description | Category |
|---|---|
| Develop technical specifications for systems or equipment. | Development |
| Develop business or financial information systems. | Development |
| Develop financial analysis methods. | Development |
| Advise others on analytical techniques. | General |
| Apply mathematical models of financial or business conditions. | General |
| Prepare financial documents, reports, or budgets. | General |
| Measure effectiveness of business strategies or practices. | General |
| Monitor business indicators. | Maintenance |
| Assess the cost effectiveness of products, projects, or services. | Analysis |
| Analyze business or financial data. | Analysis |
| Analyze risks related to investments in green technology. | Analysis |
| Discuss business strategies, practices, or policies with managers. | Management |
| Confer with personnel to coordinate business operations. | Management |
Technology Requirements
| Technology | Description |
|---|---|
| C++ | Object or component oriented development software |
| Microsoft Excel | Spreadsheet software |
| Microsoft Office software | Office suite software |
| Microsoft PowerPoint | Presentation software |
| Microsoft Visual Basic for Applications VBA | Development environment software |
| Oracle Java | Object or component oriented development software |
| Python | Object or component oriented development software |
| R | Object or component oriented development software |
| SAS | Analytical or scientific software |
| The MathWorks MATLAB | Analytical or scientific software |
| C# | Object or component oriented development software |
| IBM SPSS Statistics | Analytical or scientific software |
| JavaScript | Web platform development software |
| Linux | Operating system software |
| Microsoft Azure software | Development environment software |
| Microsoft Dynamics | Enterprise resource planning ERP software |
| Microsoft Visio | Process mapping and design software |
| Microsoft Visual Basic | Development environment software |
| Microsoft Visual Studio | Development environment software |
| Perl | Object or component oriented development software |
| UNIX | Operating system software |
| Bloomberg Professional | Financial analysis software |
| Insightful S-PLUS | Analytical or scientific software |
| MicroStrategy Desktop | Enterprise resource planning ERP software |
| Oracle JD Edwards EnterpriseOne | Enterprise resource planning ERP software |
| StataCorp Stata | Analytical or scientific software |
| Web browser software | Internet browser software |
| Structured query language SQL | Data base user interface and query software |
| Amazon Web Services AWS software | Data base user interface and query software |
| Apache Hive | Data base management system software |
| Microsoft Access | Data base user interface and query software |
| Microsoft Power BI | Business intelligence and data analysis software |
| Microsoft SQL Server | Data base user interface and query software |
| Tableau | Business intelligence and data analysis software |
| IBM Cognos Business Intelligence | Data mining software |
| MicroStrategy | Business intelligence and data analysis software |
Relevant Certifications
Industry certifications that may be valuable for this career role:
| Certification | Issuing Organization | Practice Test |
|---|---|---|
| Associate, Secure Retirement Institute | LOMA | Not Available |
| Certified Annuity Specialist | Institute of Business & Finance | Not Available |
| Certified Chartered Wealth Manager | American Academy of Financial Management | Not Available |
| Certified Corporate Trust Specialist | American Bankers Association | Not Available |
| Certified Estate and Trust Specialist | Institute of Business & Finance | Not Available |
| Certified Financial Technician | The International Federation of Technical Analysts Inc. | Not Available |
| Master of Financial Technical Analysis | The International Federation of Technical Analysts Inc. | Not Available |
| Microsoft Certified: Dynamics 365: Finance and Operations Apps Solution Architect Expert | Microsoft Corporation | Not Available |
| Oracle Hyperion Financial Management 11 Essentials | Oracle Corporation | Not Available |
| Registered Financial Planner | Registered Financial Planners Institute | Not Available |