Financial Quantitative Analysts
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.
- Tasks
- 21 tasks13 core, 8 supplemental
- Family
- Business & FinancialOne of its 50 occupations
- Code
- 13-2099.01SOC 2018: 13-2099
What the work is made of
13 core tasks and 8 supplemental, each quoted as published, with the survey it came from.
Core: central to the jobSupplemental: done by some, not all
- Task 1. Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.Core taskTask 15997Rated by 20 occupational experts, August 2023
- Task 2. Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.Core taskTask 15995Rated by 20 occupational experts, August 2023
- Task 3. Interpret results of financial analysis procedures.Core taskTask 15989Rated by 20 occupational experts, August 2023
- Task 4. Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.Core taskTask 15990Rated by 20 occupational experts, August 2023
- Task 5. Define or recommend model specifications or data collection methods.Core taskTask 15991Rated by 20 occupational experts, August 2023
- Task 6. Produce written summary reports of financial research results.Core taskTask 15988Rated by 20 occupational experts, August 2023
- Task 7. Maintain or modify all financial analytic models in use.Core taskTask 15987Rated by 20 occupational experts, August 2023
- Task 8. Provide application or analytical support to researchers or traders on issues such as valuations or data.Core taskTask 15983Rated by 20 occupational experts, August 2023
- Task 9. Devise or apply independent models or tools to help verify results of analytical systems.Core taskTask 15996Rated by 20 occupational experts, August 2023
- Task 10. Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.Core taskTask 15985Rated by 20 occupational experts, August 2023
- Task 11. Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.Core taskTask 15993Rated by 20 occupational experts, August 2023
- Task 12. Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.Core taskTask 15992Rated by 20 occupational experts, August 2023
- Task 13. Research new financial products or analytics to determine their usefulness.Core taskTask 15986Rated by 20 occupational experts, August 2023
- Task 14. Identify, track, or maintain metrics for trading system operations.Supplemental taskTask 15984Rated by 20 occupational experts, August 2023
- Task 15. Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues.Supplemental taskTask 19574Rated by 20 occupational experts, August 2023
- Task 16. Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.Supplemental taskTask 15994Rated by 20 occupational experts, August 2023
- Task 17. Prepare requirements documentation for use by software developers.Supplemental taskTask 15982Rated by 20 occupational experts, August 2023
- Task 18. Develop solutions to help clients hedge carbon exposure or risk.Supplemental taskTask 19575Rated by 20 occupational experts, August 2023
- Task 19. Develop tools to assess green technologies or green financial products, such as green hedge funds or social responsibility investment funds.Supplemental taskTask 19576Rated by 20 occupational experts, August 2023
- Task 20. Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities.Supplemental taskTask 19573Rated by 20 occupational experts, August 2023
- Task 21. Analyze pricing or risks of carbon trading products.Supplemental taskTask 19572Rated by 20 occupational experts, August 2023
Where this comes from
Quoted from the U.S. Department of Labor, and credited. Nothing on this page is written by us.
How we copy and credit sources- Published byO*NET 29.0, U.S. Department of LaborEmployment and Training Administration
- ClassificationStandard Occupational Classification 2018, 13-2099
- LicenseCC BY 4.0Free to copy and reuse, with credit
- Changed by usNothing.
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