Can Agents Work?

Jobs / Finance and accounting / 13-2099.01

Financial Quantitative Analysts

Develop quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develop mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.

US jobs
132,130 (SOC 13-2099 group, "Financial Specialists, All Other")
Median wage
$81,100 a year
Job family
Finance and accounting

Can agents do the work of financial quantitative analysts?

We read the evidence for the whole job family, Finance and accounting: Some tasks (no change in 12 months)

Agents complete 20% or more of the tasks (or projects) on a direct benchmark.

Evidence: SpreadsheetBench 2, 54.5% of tasks completed.

Direct evidence that disagrees: APEX-Accounting, 14.8% of tasks fully completed (Pass@1).

0% of this occupation's work, by O*NET work activities, is measured by a direct benchmark (figures for the SOC 13-2099 group).

  • 19%Analyze business or financial dataNot measured
  • 15%Develop operational or technical procedures or standardsNot measured
  • 12%Investigate criminal or legal mattersNot measured
  • 9%Advise others on business or operational mattersNot measured
  • 5%Communicate with others about business strategiesNot measured
  • 4%Prepare legal or regulatory documentsNot measured
  • 4%Maintain current knowledge in area of expertiseNot measured
  • 3%Prepare financial documents, reports, or budgetsNot measured

Benchmarks for the job family

These cover work in finance and accounting, not always this occupation's tasks.

Direct evidence

Work benchmarks mapped primary to this family. They set the step when they report how many tasks agents complete.

Also relevant

These benchmarks cover part of this family's work, or have no result yet. They do not set its step.

Context only

These benchmarks span many occupations, or they test how agents behave. They give context but do not set the step.

Retired

Their maintainers or a major evaluator stopped using them as a frontier measure. They do not count.

Typical tasks

From O*NET 31.0. Core tasks first. Few of these tasks have a benchmark today.

  • 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.
Other job titles for this occupation (32)

Investment Portfolio Control Consultant · Investment Strategist · Portfolio Manager · Quantitative Analyst · Quantitative Equity Analyst · Quantitative Research Analyst · Quantitative Strategy Analyst · Research Analyst · Analyst · Data Analyst · Equity Analyst · Equity Structurer · Finance Analyst · Financial Analyst · Financial Engineer · Financial Quantitative Analyst · Investment Associate · Model Risk Manager · Model Validation Analyst · Predictive Modeler · Private Equity Analyst · Private Equity Associate · Quantitative Financial Analyst · Quantitative Model Analyst · Quantitative Model Validation Analyst · Quantitative Modeler · Quantitative Researcher · Quantitative Risk Analyst · Quantitative Strategist · Quantitative Validation Model Analyst · Risk Model Auditor · Structurer