Calculation Engineer

  • Jersey City, NJ
  • Posted 9 hours ago | Updated 4 hours ago

Overview

On Site
Depends on Experience
Full Time

Skills

Accounting
Analytics
Artificial Intelligence
Collaboration
Computer Aided Design (CAD)
Design Optimization
Fixed Income
Java
Linear Algebra
Mechanical Engineering
Microsoft Exchange
Modeling
NAV
Performance Appraisal
Product Design
Python
Regulatory Compliance
Reporting
Scripting
Statistics
Time Series
Valuation

Job Details

Job Title : Calculation Engineer

Location : Jersey City, NJ

Job Type:W-2/Full Time

Job Description:

Knowledge: Linear Algebra, statistics and time series analysis

Technical: Proficient in Python, Java, SQL

Experience implementing analytics in risk/calc engine to generate valuation, return and 1st order risk measures.

Good understanding of equity and fixed income products, Exchange traded derivates, portfolio analysis, fund accounting and NAV calculation.

AI Overview

A Calculation Engineer, also known as a Simulation Engineer, uses computational methods and software to analyze and evaluate the performance, stability, and safety of products and systems. They perform simulations to test various parameters like load, stress, thermal expansion, and service life, ensuring designs meet requirements and optimize performance.

Key Responsibilities:

Simulation and Analysis: Conducting simulations using specialized software to analyze product behavior under different conditions.

Performance Evaluation: Assessing factors like load capacity, stability, and material resilience based on simulation results.

Design Optimization: Identifying areas for improvement in product design by analyzing simulation data and suggesting modifications.

Report Generation: Preparing detailed reports, calculations, and technical justifications based on simulation results.

Collaboration: Working closely with other engineering disciplines (e.g., mechanical, civil, process) to integrate simulation results into the overall design process.

Compliance: Ensuring calculations and analyses adhere to relevant industry standards and codes.

Tools and Technologies:

Simulation Software: Often utilizes specialized software like CAESAR II, Pipestress, or similar tools for specific engineering domains.

CAD/CAE:May use computer-aided design (CAD) and computer-aided engineering (CAE) software for modeling and analysis.

Programming: May involve programming skills (e.g., Python) for scripting and automating calculations.

In essence, Calculation Engineers bridge the gap between theoretical design and practical application by using computational methods to predict and optimize the performance of engineered systems.

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.