Will “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
- Financial Quantitative Analyst
- Financial Engineer
- Equity Structurer
- Data Analyst
Tasks for “Quantitative Analyst”
- Provide application or analytical support to researchers or traders on issues such as valuations or data.
- Analyze pricing or risks of carbon trading products.
- Maintain or modify all financial analytic models in use.
- Develop solutions to help clients hedge carbon exposure or risk.
- Interpret results of financial analysis procedures.
- Devise or apply independent models or tools to help verify results of analytical systems.
- Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues.
- Define or recommend model specifications or data collection methods.
- Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.
- Identify, track, or maintain metrics for trading system operations.
- Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
- Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
- Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
- Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
- Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
- Research new financial products or analytics to determine their usefulness.
- Prepare requirements documentation for use by software developers.
- Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities.
- Develop tools to assess green technologies or green financial products, such as green hedge funds or social responsibility investment funds.
- Produce written summary reports of financial research results.
Related Technology & Tools
- Personal computers
- Photocopying equipment
- Computer data input scanners
- Desktop computers
- Mainframe computers
- Multi-line telephone systems
- Laptop computers
- Microsoft Access
- Microsoft Visio
- Microsoft Office
- Structured query language SQL
- Microsoft SQL Server
- Bloomberg Professional
- SPSS
- UNIX
- JavaScript
- Python
- Microsoft Visual Basic for Applications VBA
- IBM Cognos Business Intelligence
- SAS
- Microsoft Visual Basic
- MicroStrategy Desktop
- Insightful S-PLUS
- Linux
- The MathWorks MATLAB
- R
- Microsoft Excel
- Microsoft Visual C#
- C++
- Web browser software
- Practical extraction and reporting language Perl
- StataCorp Stata
- Microsoft PowerPoint