Jezri Mohideen

Financial engineering refers to those individuals whose work is informed by financial theory, but who also use a full range of the tools of modern finance. In a very broad sense, any person who uses technology in the field of finance, such as a programmer at a bank, could be defined as a financial engineer. However, some practitioners will use the term more restrictively, referring only to those who actually use technical tools to originate new strategies and products in finance. The job market for financial engineers, especially at entry level, is highly competitive. As a successful financial engineer who has worked within the field for the best part of two decades, Jezri Mohideen is able to offer potential candidates a few tips on what areas to brush up on before applying.

In terms of qualifications a potential financial engineer should be looking at getting to at least master’s level or preferably a PhD in any of the mathematic or engineering disciplines. Although financial engineering is not classed in the same field as more traditional engineering, those with qualifications in areas such as chemical engineering or electrical engineering will have a wealth of skills which can be effectively crossed over.

A broad and in-depth knowledge of programming skills in all the core languages is essential to anyone wishing to become a financial engineer - Java, C++, Python, Scala, C# etc. The individual also must be comfortable working with vast amounts of data.

Communication skills and a personable nature may not seem like skills a financial engineer requires, but the fact is that even the brightest spark will not get very far if they cannot communicate effectively and if they are not respected for their intelligence. A thoughtful and inquisitive nature will go far. Networking at an early stage will also prove helpful – those who are able to secure an internship at an early stage of their further education will have a foot in the door before their contemporaries.

A broad knowledge of current trends and events which can affect markets is a vital tool. Regularly reading online news and analysis will prove a distinct advantage, especially where candidates are able to demonstrate their ability to react quickly and effectively to that news.