Will “Financial Quantitative Analyst” be Replaced By Robots? 🤔
Unknown Chance of Automation
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Job 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.
Job Details
- The SOC (Standard Occupational Classification) code is 13-2099.01
☝️ Information based on the reference occupation “Financial Quantitative Analysts”.
Also Known As…
- Financial Quantitative Analysts
- Structurer
- Risk Analyst
- Quantitative Analyst
- Financial Engineer
- Equity Structurer
- Data Analyst
Tasks for “Financial Quantitative Analyst”
- Interpret results of financial analysis procedures.
- Analyze pricing or risks of carbon trading products.
- Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.
- 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.
- Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
- Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues.
- Provide application or analytical support to researchers or traders on issues such as valuations or data.
- 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.
- Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
- Develop solutions to help clients hedge carbon exposure or risk.
- Prepare requirements documentation for use by software developers.
- 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.
- Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- Produce written summary reports of financial research results.
- Maintain or modify all financial analytic models in use.
- Identify, track, or maintain metrics for trading system operations.
- Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
- Research new financial products or analytics to determine their usefulness.
Related Technology & Tools
- Photocopying equipment
- Desktop computers
- Personal computers
- Laptop computers
- Multi-line telephone systems
- Mainframe computers
- Computer data input scanners
- SAS
- Microsoft Visual Basic
- UNIX
- JavaScript
- Microsoft Visio
- Web browser software
- Structured query language SQL
- Practical extraction and reporting language Perl
- R
- Insightful S-PLUS
- Microsoft Access
- Microsoft SQL Server
- StataCorp Stata
- C++
- Linux
- Microsoft Office
- Bloomberg Professional
- IBM Cognos Business Intelligence
- Microsoft Excel
- Microsoft Visual Basic for Applications VBA
- MicroStrategy Desktop
- Microsoft Visual C#
- Python
- The MathWorks MATLAB
- SPSS
- Microsoft PowerPoint