Website New York University
Job Overview: Financial Engineering Faculty Fellow
The Department of Finance and Risk Engineering at the NYU Tandon School of Engineering is inviting applications for a one-year Faculty Fellow position. Located in the heart of Brooklyn, NYU Tandon is currently undergoing a historic $1 billion transformation to recruit world-class faculty and conduct groundbreaking research in global science and technology.
This fellowship is designed for early-career scholars in applied mathematics who are eager to conduct high-level research while gaining valuable classroom experience. The role is situated within a department renowned for its focus on the intersection of technology, finance, and decision modeling.
Research Areas of Interest
The department is seeking candidates specializing in all areas of mathematics applied to financial engineering. Key areas of interest include:
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Stochastic Analysis: Modeling random processes in financial markets.
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Optimization & Control: Algorithmic trading, portfolio optimization, and stochastic control.
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Game Theory: Strategic decision-making and market microstructure.
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Statistics & Data Science: Predictive modeling and the application of machine learning to financial data.
Key Responsibilities & Academic Focus
Research & Scholarship
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Independent Research: Develop and advance a robust research agenda within financial engineering or decision modeling.
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Collaborative Innovation: Engage with Tandon’s interdisciplinary community to address contemporary challenges in the digital and financial worlds.
Instruction & Mentorship
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Teaching Load: The position features a light teaching load, specifically designed to allow the Fellow to focus on research while developing a teaching portfolio.
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Student Engagement: Deliver high-quality instruction and provide academic support to students within the Department of Finance and Risk Engineering.
Requirements & Qualifications
Mandatory Credentials
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Education: A Ph.D. in Applied Mathematics or a closely related field is required.
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Expertise: Demonstrated knowledge of contemporary challenges in financial engineering and decision modeling within the context of economics and finance.
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Performance: Evidence of strong potential for excellence in both research and teaching.
Application Materials
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Cover letter and Current CV.
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Detailed Research Statement.
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Recent teaching evaluations (if available).
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Contact information for three professional references (Interfolio will contact referees directly for confidential letters).
Compensation & Fellowship Details
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Annual Salary Range: $70,000 – $110,000 (In compliance with NYC’s Pay Transparency Act).
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Duration: One-year appointment starting September 1, 2025.
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Location: Brooklyn, NY (NYU Tandon School of Engineering).
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Review Timeline: Applications will be reviewed beginning April 20, 2026, and will continue until the position is filled. Early submission is highly encouraged.
About NYU Tandon
NYU Tandon is home to a mission-driven community focused on creating technology that powers global communication, fights climate change, and builds safer digital worlds. Under the leadership of Executive Dean Juan de Pablo, the school fosters a culture of entrepreneurial thinking and interdisciplinary research.
The Organization & Culture New York University (NYU) is one of the world’s most influential private research universities, characterized by its “campus without walls” that is deeply integrated into the fabric of New York City. In 2026, the culture is defined by global ambition and interdisciplinary innovation. NYU continues to position itself as a “Global Network University,” with students and faculty moving seamlessly between New York, Abu Dhabi, and Shanghai. The environment is high-energy, diverse, and fiercely competitive; for 2026, NYU is ranked #31 globally by Times Higher Education and remains one of the most desirable institutions in the U.S. with a record-low acceptance rate near 8%.
The Locations: A Dual-Borough Powerhouse
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Washington Square (Manhattan): The heart of NYU, centered around Greenwich Village. It lacks traditional gates, with over 170 buildings integrated into the city blocks surrounding Washington Square Park. Key hubs include the Bobst Library, the Stern School of Business, and the Kimmel Center.
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Downtown Brooklyn: Home to the Tandon School of Engineering, located in the “Brooklyn Tech Triangle” (MetroTech Center). This campus has seen massive investment in 2025–2026, becoming a centerpiece for NYU’s robotics and AI research.
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Health Sciences Corridor: Located along First Avenue in Manhattan, anchored by NYU Langone Health, which has been ranked the #1 healthcare system in New York for four consecutive years as of 2026.
Academic & Workplace Highlights (2026)
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Strategic Pathways 2026: Working or studying at NYU in 2026 means aligning with four key “Pathways”: Science & Tech, Interdisciplinary Impact, Global, and Flourishing. These initiatives focus on making NYU the premier hub for discovery and entrepreneurship.
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The AI & Quantum Leap: In early 2026, NYU launched the Simons Center for Computational Geophysical Flows and the Center for Robotics and Embodied Intelligence, marking a significant shift toward AI-powered urban problem solving.
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2025-2026 Cost of Attendance:
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Undergraduate Tuition: Approximately $65,622 per year.
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Total Cost of Attendance: For students living on campus, the estimated total is $96,988, placing it in the top 5% of the most expensive universities in the nation.
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Financial Aid: NYU recently expanded its “NYU Promise,” ensuring that students from families with typical assets and incomes under $100,000 pay $0 in tuition.
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Career Outcomes: The median alumni salary for recent NYU graduates is approximately $59,956, with high-performers in Finance (Stern) and Engineering (Tandon) significantly exceeding this.
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2026 Employee Benefits & Transition:
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Medical Transition: Effective January 1, 2026, NYU transitioned its employee medical coverage from UnitedHealthcare to Aetna.
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Mental Health Focus: The university introduced Aetna’s “Resources for Living” EAP, providing no-cost confidential counseling to all staff and their families.
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Wellness Perks: Employees have access to the “LiveSmart” wellness program, tuition remission for themselves and dependents, and a 403(b) retirement plan with university contributions after one year.
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Strategic Values: “Discovery & Global Citizenship”
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The “Device-Free” Movement: In 2026, NYU launched “NYU IRL” (In Real Life), featuring phone-free lounges like “The Nest” and device-free “Lunch & Learn” events to combat digital burnout and foster genuine human connection.
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2031 Bicentennial Goal: The university’s strategic “North Star” is its 200th anniversary in 2031. Current efforts are focused on becoming the #1 institution for global entrepreneurship.
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Sustainability & Tech: NYU recently unveiled “Torch,” New York’s most powerful and sustainable supercomputer, signaling a commitment to high-performance computing that doesn’t compromise the university’s carbon-neutrality goals.
To apply for this job please visit www.nyu.edu.