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Financial Quantitative Analysts - 13-2099.01

O*NET-SOC 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.

Sample of Reported Job Titles

Investment Portfolio Control Consultant
Investment Strategist
Portfolio Manager
Quantitative Analyst

Quantitative Equity Analyst
Quantitative Research Analyst
Quantitative Strategy Analyst
Research Analyst

SOC Occupation Groups

13-0000	Business and Financial Operations Occupations
13-2000	Financial Specialists
13-2090	Miscellaneous Financial Specialists
13-2099.00	Financial Specialists, All Other
13-2099.01	Financial Quantitative Analysts

Related Occupations

11-3031.03	Investment Fund Managers Bright Outlook
13-1111.00	Management Analysts
13-2041.00	Credit Analysts
13-2051.00	Financial and Investment Analysts
13-2054.00	Financial Risk Specialists
15-2031.00	Operations Research Analysts
15-2041.00	Statisticians
15-2051.00	Data Scientists
15-2051.01	Business Intelligence Analysts
43-9111.00	Statistical Assistants

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 on 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 assess 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.