Finance Engineer Job Description

By | July 28, 2011

Finance Engineer Job Profile and Description

Financial engineers are responsible for building financial tools. Financial engineers use mathematics and statistics along with computer programming to produce models that can be used for pricing financial instruments. They devise instruments which can prefigure movements in price. Financial engineers are responsible for creating complex financial products.

Finance Engineer Job Duties and Responsibilities

  • Designing, formulating and improving financial instruments and devices
  • Should create models and software’s to predetermine financial curves
  • Working in teams to figure out problems and budget details
  • Giving presentations and convincing high level clients for investing, buying and using their services and products
  • Leading the team

Finance Engineer Job Skills and Specifications

  • Should be intelligent and creative
  • Must remain highly motivated and should be the one that initiates the solution to the problems
  • Should love working with numbers otherwise big figures could really mess one out
  • Exceptional communicational skills to explain the models and strategies in detail
  • Ethical in character and approach
  • Should possess strong technological skills
  • Excellent time management skills
  • Expert knowledge of financial modeling
  • Ability to investigate problems thoroughly and identify the root problems along with their causes
  • Should be very familiar with modeling techniques such as duration, value at risk, convexity and various other terms related to the subject matter

Finance Engineer Job Education and Qualifications

  • Must have a Bachelor’s degree in degree physics or mathematics or accounting or finance or fields related to it
  • MS/MBA in mathematical finance or PH.D. in finance are preferred for this job

Finance Engineer Job Salary

  • The salary for a Finance Engineers is good enough for fulfilling desires
  • Experience matters a lot in this field
  • Finance engineers gets a pay within the range of 4,200$ to 11,300$ per month