Financial Quantitative Analysts — Tasks

Task statements

• Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
• Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
• Interpret results of financial analysis procedures.
• Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
• Define or recommend model specifications or data collection methods.
• Produce written summary reports of financial research results.
• Maintain or modify all financial analytic models in use.
• Provide application or analytical support to researchers or traders on issues such as valuations or data.
• Devise or apply independent models or tools to help verify results of analytical systems.
• Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
• Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
• Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
• Research new financial products or analytics to determine their usefulness.
• Identify, track, or maintain metrics for trading system operations.
• Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues.
• Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.
• Prepare requirements documentation for use by software developers.
• Develop solutions to help clients hedge carbon exposure or risk.
• Develop tools to assess green technologies or green financial products, such as green hedge funds or social responsibility investment funds.
• Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities.
• Analyze pricing or risks of carbon trading products.