Will “Quantitative Analyst” be Replaced By Robots? 🤔
Unknown Chance of Automation
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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.
- 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
- Risk Analyst
- Financial Quantitative Analyst
- Financial Engineer
- Equity Structurer
- Data Analyst
Tasks for “Quantitative Analyst”
- Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues.
- Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities.
- 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.
- Maintain or modify all financial analytic models in use.
- Research new financial products or analytics to determine their usefulness.
- Develop tools to assess green technologies or green financial products, such as green hedge funds or social responsibility investment funds.
- Analyze pricing or risks of carbon trading products.
- Identify, track, or maintain metrics for trading system operations.
- Define or recommend model specifications or data collection methods.
- 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.
- Provide application or analytical support to researchers or traders on issues such as valuations or data.
- 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.
- Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
- Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- Interpret results of financial analysis procedures.
- Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.
- Produce written summary reports of financial research results.
- Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
Related Technology & Tools
- Laptop computers
- Photocopying equipment
- Mainframe computers
- Computer data input scanners
- Personal computers
- Desktop computers
- Multi-line telephone systems
- StataCorp Stata
- IBM Cognos Business Intelligence
- The MathWorks MATLAB
- Insightful S-PLUS
- Microsoft Office
- Practical extraction and reporting language Perl
- Web browser software
- Microsoft Excel
- Microsoft Access
- Microsoft SQL Server
- Microsoft Visual Basic
- Microsoft Visual C#
- MicroStrategy Desktop
- Microsoft PowerPoint
- Structured query language SQL
- Microsoft Visio
- Bloomberg Professional
- Microsoft Visual Basic for Applications VBA