Financial Engineer Salary

Men make up the majority of Financial Engineers in the United States, and the nationwide average salary in this area lies in the neighborhood of $80K annually. Career length is the biggest factor affecting pay for this group, followed by geography. While some workers in this profession — nearly one-fourth — do not have any health coverage, a strong majority do receive medical benefits and the larger part have dental insurance. The data in this summary comes from the PayScale salary survey.

$56,618 - $137,411
$57K
$84K
$140K
MEDIAN: $83,658
10%
50%
90%

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$0$161K
Salary $56,618 - $137,411
Bonus $-0.49 - $40,268
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).
)
$59,598 - $161,073
  • Country: United States
  • Currency: USD
  • Updated: 16 Nov 2017
  • Individuals Reporting: 38

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

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

Financial Engineer Job Listings

Related Job Salaries

Key Stats for Financial Engineer

Gender

Female
18 %
Male
82 %
Less than 1 year
24%
1-4 years
42%
5-9 years
18%
10-19 years
11%
20 years or more
5%

Experience Affects Financial Engineer Salaries

Mid-Career
▲28%

National Average
$92,000

Experienced
▼2%

Entry-Level
▼15%

Gender

Female
18 %
Male
82 %

Years of Experience

Less than 1 year
24%
1-4 years
42%
5-9 years
18%
10-19 years
11%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 65%
vision benefits
Vision: 65%
no benefits
None: 15%