Career Details for Financial Quantitative Analysts

Financial Quantitative Analysts

Also called:

Global Credit Quantitative Analysis Head, Investment Strategist, Portfolio Manager, Quantitative Analyst

What they do:

Develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.

On the job, you would:

  • 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.
  • Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.

lightbulb KNOWLEDGE

Math and Science

  • arithmetic, algebra, geometry, calculus, or statistics

Engineering and Technology

  • computers and electronics
  • product and service development

Business

  • accounting and economics

Arts and Humanities

  • English language

pencil SKILLS

Basic Skills

  • using math to solve problems
  • thinking about the pros and cons of different ways to solve a problem

Problem Solving

  • noticing a problem and figuring out the best way to solve it

People and Technology Systems

  • thinking about the pros and cons of different options and picking the best one
  • figuring out how a system should work and how changes in the future will affect it

trophy ABILITIES

Math

  • choose the right type of math to solve a problem
  • add, subtract, multiply, or divide

Verbal

  • listen and understand what people say
  • read and understand what is written

Ideas and Logic

  • make general rules or come up with answers from lots of detailed information
  • use rules to solve problems

user PERSONALITY

People interested in this work like activities that include ideas, thinking, and figuring things out.

  • Analytical Thinking
  • Attention to Detail
  • Achievement/Effort
  • Dependability
  • Persistence
  • Integrity

computer TECHNOLOGY

You might use software like this on the job:

Object or component oriented development software

  • C++
  • Python

Analytical or scientific software

  • SAS
  • StataCorp Stata

Data base user interface and query software

  • Microsoft Access
  • Structured query language SQL

book EDUCATION

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master's degree or
bachelor's degree usually needed

suitcase JOB OUTLOOK

outlook
BRIGHT

New job opportunities are very likely in the future.

SALARY
$69,470


per year, on average

This career is part of the green economy!

This career is part of the green economy.

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