According to people in this career, the main tasks are...
| Task | Importance |
|---|---|
| Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation. | 88% |
| Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models. | 83% |
| Interpret results of financial analysis procedures. | 81% |
| Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques. | 80% |
| Define or recommend model specifications or data collection methods. | 77% |
| Produce written summary reports of financial research results. | 73% |
| Maintain or modify all financial analytic models in use. | 73% |
| Provide application or analytical support to researchers or traders on issues such as valuations or data. | 71% |
| Devise or apply independent models or tools to help verify results of analytical systems. | 71% |
| Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope. | 68% |
| Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques. | 68% |
| Consult traders or other financial industry personnel to determine the need for new or improved analytical applications. | 67% |
| Research new financial products or analytics to determine their usefulness. | 66% |
| Identify, track, or maintain metrics for trading system operations. | 57% |
| Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues. | 56% |
| Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets. | 56% |
| Prepare requirements documentation for use by software developers. | 56% |
| Develop solutions to help clients hedge carbon exposure or risk. | 50% |
| Develop tools to assess green technologies or green financial products, such as green hedge funds or social responsibility investment funds. | 48% |
| Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities. | 46% |
| Analyze pricing or risks of carbon trading products. | 41% |
