Financial Engineer Salary

Median pay for Financial Engineers in the United States lies in the neighborhood of $89K annually. Experience level is the biggest factor affecting pay for this group, followed by geography. Most workers in this position report high levels of job satisfaction. The vast majority of Financial Engineers (83 percent) survey respondents are men. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.

$52,752 - $120,486
(Median)
$53K
$89K
$120K
MEDIAN: $88,995
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
$52,752 - $120,486  
   
Bonus
$2,035 - $23,000  
Profit Sharing
$10,000  
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).
)
$53,587 - $140,103  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 66
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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

  • Act as go¬≠between for clients and professional IT team.
  • Provide backend development for analytical processes.
  • Develop analytical systems and strategies for financial decision¬≠making.
  • Research trends in big data, fiscal services, and credit assessment procedures.

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Experience Affects Financial Engineer Salaries

Experienced
up arrow 52%

Mid-Career
up arrow 30%

National Average
$92,000

Entry-Level
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.

Gender

Female
17 %
Male
83 %

Years of Experience

Less than 1 year
24%
1-4 years
32%
5-9 years
26%
10-19 years
15%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 80%
medical benefits
Vision: 65%
dental benefits
None: 6%
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