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Financial Quantitative Analysts - 13-2099.01

O*NET-SOC Description

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.

Sample of Reported Job Titles

No information available.

SOC Occupation Groups

Related Occupations

No information available.

Tasks

  • Analyze pricing or risks of carbon trading products.
  • Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
  • Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities.
  • Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
  • Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.
  • Confer with other financial engineers or analysts to understand trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
  • Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
  • Define or recommend model specifications or data collection methods.
  • Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
  • Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues.
  • Develop solutions to help clients hedge carbon exposure or risk.
  • Develop tools to be used in the assessment of green technologies or green financial products, such as green hedge funds or social responsibility investment funds.
  • Devise or apply independent models or tools to help verify results of analytical systems.
  • Identify, track, or maintain metrics for trading system operations.
  • Interpret results of financial analysis procedures.
  • Maintain or modify all financial analytic models in use.
  • Prepare requirements documentation for use by software developers.
  • Produce written summary reports of financial research results.
  • Provide application or analytical support to researchers or traders on issues such as valuations or data.
  • Research new financial products or analytics to determine their usefulness.
  • Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.

Detailed Work Activities

  • Advise others on analytical techniques.
  • Analyze business or financial data.
  • Analyze risks related to investments in green technology.
  • Apply mathematical models of financial or business conditions.
  • Assess the cost effectiveness of products, projects, or services.
  • Confer with personnel to coordinate business operations.
  • Develop business or financial information systems.
  • Develop financial analysis methods.
  • Develop technical specifications for systems or equipment.
  • Discuss business strategies, practices, or policies with managers.
  • Measure effectiveness of business strategies or practices.
  • Monitor business indicators.
  • Prepare financial documents, reports, or budgets.

Military Crosswalk Titles

No information available.

Apprenticeship Crosswalk Titles

No information available.

DOT Crosswalk Titles

  • Mathematician