Chartered Financial Risk Engineer - CFRE
Categories: Regulations, Education, Investing, Trading, Managed Funds
You will always have a job if you become a chartered financial risk engineer (barring total zombie apocalypse or the like). If you love math, finance, economics and computer programming (and who doesn't?!), this could be the perfect career for you.
Financial risk engineers program and run computational models to assess risk for stock portfolios, bonds and foreign currency exchange. They also create data models for pricing financial instruments such as options. To become a financial risk engineer, a background in physics, math or computer science would be helpful. Most programming is done in Python, R and VBA languages.
You have to pass an entrance exam to get into a 10-month training program run by the New York Institute of Finance. The training can be done off-site but during the last seven days, you would have to be in New York. Then you have to pass two exams on such topics as fixed income, derivatives, risk management and programming.
