Financial Engineer salary in Colombia

Average Yearly Salary of Financial Engineer in Colombia is approximately 55,190,731 COP (12,163 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Financial Engineer do?

A financial engineer is a professional who applies mathematical and statistical models to analyze and solve complex financial problems. They combine their knowledge of finance, mathematics, computer science, and statistics to develop innovative solutions for investment strategies, risk management, pricing of financial instruments, and portfolio optimization. Financial engineers work in various sectors such as investment banking, hedge funds, asset management firms, and insurance companies. Their primary responsibilities include developing and implementing quantitative models, conducting data analysis, designing trading algorithms, and creating risk assessment tools. They also play a crucial role in developing new financial products and strategies, conducting market research, and providing insights to support investment decision-making.

Skills: Financial engineering, Mathematical modeling, Risk management, Investment strategies, Portfolio optimization, Quantitative analysis
Job industry: Finance

How much does Financial Engineer make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Financial Engineer a well paid job?

Yes, our data show that Financial Engineer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Financial Engineer?

High salary for Financial Engineer would be somewhere between 60,709,804 COP and 80,026,560 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Engineer in Colombia?

Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 55,190,731 COP
Estimated Monthly Salary: 4,599,228 COP
Estimated Weekly Salary: 1,061,360 COP per week
Estimated Hourly Salary: 26,534 COP per hour
By working as Financial Engineer a person can save up to 753 USD per month or 9,038 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Financial Engineer

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Colombia

Data as of 2025

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