How to hire a finance engineer

How to hire a finance engineer, step by step

Here's a step-by-step finance engineer hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a finance engineer job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new finance engineer
• Step 8: Go through the hiring process checklist

What does a finance engineer do?

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1. Identify your hiring needs

   First, determine the employments status of the finance engineer you need to hire. Certain finance engineer roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them a finance engineer to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a finance engineer that fits the bill.

   The following list breaks down different types of finance engineers and their corresponding salaries.

   Type of Finance Engineer	Description	Hourly rate
   Finance Engineer		$34-71
   Development Engineer	A Development Engineer is responsible for the development and validation of products, systems, and components. They are also responsible for quality control of work and continuous improvement of engineer activities.	$33-58
   Engineer	Engineers are highly trained professionals who determine the feasibility of various projects, usually related to the construction industry. They are considered experts in mathematics and science, two disciplines that they need to use in designing and coming up with plans for projects... Show more	$31-62

2. Create an ideal candidate profile

   Common skills:

   • Python
   • Java
   • Risk Management
   • Derivative
   • Analytical Tools
   • Securities
   • Capital Markets
   • Treasury
   • Credit Risk
   • Test Cases
   • SAS
   • Asset Classes
   • MATLAB
   • Data Analysis

   Check all skills

   Responsibilities:

   • Manage projects involving product upgrades, new feature deliveries for major equity derivative clients.
   • Manage financial statements and work independently to produce accurate records for petty cash, bank reconciliations, and data inventory.
   • Perform full reconciliation of results between MatLab codes and C++ system.
   • Work with banks and mutual funds on monthly valuations of various fix income securities.
   • Classify trading data on trading volume using support vector machine in MATLAB.
   • Train other members of the group on the structure and working of mortgage back securities.

   More finance engineer duties

3. Make a budget

   Including a salary range in the finance engineer job description is a good way to get more applicants. A finance engineer salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.

   For example, the average salary for a finance engineer in South Carolina may be lower than in Nevada, and an entry-level engineer typically earns less than a senior-level finance engineer. Additionally, a finance engineer with lots of experience in the field may command a higher salary as a result.

   Average finance engineer salary

   $102,921yearly

   $49.48 hourly rate

   ---

   Entry-level finance engineer salary

   $71,000 yearly salary

   Updated December 18, 2025

   Average finance engineer salary by state

   Rank	State	Avg. salary	Hourly rate
   1	Connecticut	$116,999	$56
   2	California	$112,624	$54
   3	Massachusetts	$103,344	$50
   4	New York	$103,263	$50
   5	District of Columbia	$98,578	$47
   6	Virginia	$95,485	$46
   7	Texas	$94,346	$45
   8	Illinois	$93,088	$45
   9	Michigan	$91,965	$44
   10	Georgia	$89,270	$43
   11	Colorado	$88,348	$42
   12	Iowa	$88,302	$42
   13	Washington	$86,694	$42
   14	New Jersey	$86,588	$42
   15	Arizona	$86,092	$41
   16	Maryland	$85,680	$41
   17	Missouri	$84,345	$41
   18	Florida	$79,813	$38
   19	Minnesota	$77,441	$37

   Average finance engineer salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	The Citadel	$151,757	$72.96	4
   2	Pacific Investment Management Company LLC	$131,092	$63.02	2
   3	Bloomberg	$126,507	$60.82	9
   4	Über	$125,179	$60.18	7
   5	Calypso Technology	$124,598	$59.90
   6	Allston Trading	$123,321	$59.29
   7	AQR Capital Management	$122,711	$59.00
   8	CTC	$122,503	$58.90	1
   9	Edelman Financial Engines	$120,188	$57.78	33
   10	Two Sigma	$119,939	$57.66
   11	Yahoo	$119,387	$57.40
   12	Stripe	$118,929	$57.18	9
   13	Amazon	$118,491	$56.97	252
   14	JPMorgan Chase & Co.	$118,190	$56.82	85
   15	State Street	$113,408	$54.52	6
   16	OCC	$113,145	$54.40
   17	StoneX Group	$112,097	$53.89	3
   18	Deutsche Bank	$111,934	$53.81
   19	Magnetar Capital	$111,177	$53.45
   20	Epoch.com	$110,674	$53.21

4. Writing a finance engineer job description

   A good finance engineer job description should include a few things:

   • Summary of the role
   • List of responsibilities
   • Required skills and experience

   Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a finance engineer job description:

   Finance engineer job description example

   RESPONSIBILITIES:
   

   • Complete development assignments on time with an appropriate level of quality to support project efforts.
   • Participate in a digital technology project from concept to implementation, and through all phases of the software development lifecycle
   • Create work estimates based on technology concepts and requirements documentation.
   • Support project releases.

   
   
   REQUIREMENTS:
   

   • 2+ years' experience designing and implementing mobile applications

   • Excellent written and oral communication skills
   • Degree in Computer Science or related degree from an accredited university or four years equivalent development experience.

   
   
   QUALIFICATIONS
   

   • 2+ years of combined software/application development experience in Swift and Objective C development
   • Experience working with architectures such as MVVM, Delegate and Observer patterns
   • Familiarity with Dependency Injection and Reactive Programming
   • Created an application that is available in Apple's AppStore
   • Experience in developing, deploying, and/or supporting an enterprise size solution
   • Experience with all phases of the development life cycle
   • Familiarity with Agile development including daily scrum and weekly iteration reviews and planning
   • Enthusiasm for automated testing
   • Experience with unit testing frameworks
   • Experience with source control management

   
   
   JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
   
   We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
   
   The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
   
   As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
   
   Equal Opportunity Employer/Disability/Veterans

   Copy this example

   

5. Post your job

   There are various strategies that you can use to find the right finance engineer for your business:

   • Consider promoting from within or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to find candidates who meet your education requirements.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.

   Post your job online:

   • Post your finance engineer job on Zippia to find and recruit finance engineer candidates who meet your exact specifications.
   • Use field-specific websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post a job on free websites.

6. Interview candidates

   To successfully recruit finance engineers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

   It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new finance engineer

   Once you've found the finance engineer candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.

   It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.

   To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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How much does it cost to hire a finance engineer?