Financial Engineer Salary

A sizeable majority of Financial Engineers in the United States are men. In this role, average pay is around $80K annually. Career duration is the biggest factor affecting pay for this group, followed by geography. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$53,262 - $111,504
$53K
$80K
$110K
MEDIAN: $80,000
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$53,262 - $111,504  
   
Bonus
$587 - $39,732  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$53,262 - $127,723  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 37
© PayScale, Inc. @ www.payscale.com

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Job Description for Financial Engineer

Financial engineers work for financial institutions, such as banks, investment houses, and mutual fund companies, and must be proficient in applied mathematics, economic theory, statistics, and computer science for success.

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Financial Engineer Tasks

  • Develop analytical systems and strategies for financial decision­making.
  • Research trends in big data, fiscal services, and credit assessment procedures.
  • Act as go­between for clients and professional IT team.
  • Provide backend development for analytical processes.

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Key Stats for Financial Engineer

Less than 1 year
27%
1-4 years
46%
5-9 years
11%
10-19 years
14%
20 years or more
3%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Engineer Salaries

Mid-Career
▲44%

Experienced
▲11%

National Average
$81,000

Entry-Level
▼5%

Years of Experience

Less than 1 year
27%
1-4 years
46%
5-9 years
11%
10-19 years
14%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 71%
vision benefits
Vision: 62%
dental benefits
None: 19%
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