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Algo Jobs (NOW HIRING)

MDMS Recruiting

Algo Developer

Manhattan, NY

Algo Developer (VP Level) Location: New York, NY (4 days onsite) Full Time Main mission is to implement trading software solutions used by the Direct Market Services & Solutions trading desk in the ...

Societe Generale

Algo Developer

New York, NY

The Algo Developer will have experience developing real-time systems capable of trading in fast markets with an emphasis of solid code that scales well. The environment is fast moving and it ...

Hudson River Trading

Algo Developer

New York, NY

Algo Developers are responsible for building and maintaining the models that drive our trading. A typical day involves applying rigorous statistical analysis to vast quantities of market and ...

Hudson River Trading

Algo Developer

New York, NY · On-site

Algo Developers are responsible for building and maintaining the models that drive our trading. A typical day involves applying rigorous statistical analysis to vast quantities of market and ...

MDMS Recruiting

Algo Developer (.NET / C#)

Manhattan, NY · On-site

$53.25 - $70.25/hr

Implement trading software solutions used by thetrading desk in the Americas to trade stocks and futures through various algo trading strategies. The candidate will have experience developing real ...

Navtech, Inc.

Algo Java Developer

Manhattan, NY · On-site

$56.25 - $72.75/hr

Algo Java Developer Location: New York, NY (Remote until Covid is resolved, then in office) Duration: 12 months + possible extension * The Cash Equities Algorithmic Trading Technology team runs the ...

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How much do algo jobs pay per hour?

As of Jun 8, 2026, the average hourly pay for algo in the United States is $65.79, according to ZipRecruiter salary data. Most workers in this role earn between $56.97 and $72.84 per hour, depending on experience, location, and employer.

What are some common challenges faced by Algo Developers, and how can they be overcome?

Algo Developers often face challenges such as ensuring their algorithms perform efficiently under real-time market conditions and adapting to rapidly changing financial regulations. They must also work closely with quantitative analysts and traders to fine-tune models and minimize latency. Overcoming these challenges requires strong collaboration, rigorous testing, and staying updated on the latest industry trends and technologies. Regular code reviews and leveraging robust simulation environments also help in maintaining high standards of reliability and performance.

What is the difference between Algo vs Data Analyst?

AspectAlgoData Analyst
Required CredentialsDegree in Computer Science, Mathematics, or related field; programming skillsDegree in Statistics, Mathematics, or related field; analytical skills
Work EnvironmentTech companies, finance, or trading firms; focus on algorithms and codingBusiness, finance, healthcare; focus on data interpretation and reporting
Employer & Industry UsageUsed in algorithm development, trading, and automationUsed in reporting, data visualization, and strategic decision-making

While both roles involve working with data, an Algo primarily develops algorithms and requires programming expertise, often in tech or finance sectors. A Data Analyst interprets data to generate insights and reports, focusing more on analysis than coding. Understanding these differences helps in choosing the right career path or job search focus.

What are the key skills and qualifications needed to thrive as an Algorithm Engineer, and why are they important?

To thrive as an Algorithm Engineer, you need strong proficiency in mathematics, data structures, and programming languages such as Python, C++, or Java, usually supported by a degree in computer science or a related field. Familiarity with algorithm design tools, version control systems like Git, and sometimes machine learning frameworks is typically required. Analytical thinking, problem-solving skills, and effective communication set outstanding candidates apart. These skills enable the creation of efficient, scalable algorithms that solve complex problems and drive technological innovation.

What are 'Algos' in the context of finance and technology jobs?

In finance and technology, 'Algos' is shorthand for algorithms—sets of rules or instructions programmed to perform tasks, often related to trading or data analysis. Algo jobs typically involve designing, developing, and optimizing these algorithms to make automated decisions, such as executing trades at optimal times or analyzing large amounts of data for patterns. Professionals in this field usually have strong backgrounds in computer science, mathematics, and statistics. Their work is crucial in high-frequency trading, quantitative research, and fintech innovation.
More about Algo jobs
What states have the most Algo jobs? States with the most job openings for Algo jobs include:
What job categories do people searching Algo jobs look for? The top searched job categories for Algo jobs are:
Algo jobs near you
Infographic showing various Algo job openings in the United States as of May 2026, with employment types broken down into 71% Full Time, and 29% Part Time. Highlights an 100% In-person job distribution, with an average salary of $136,833 per year, or $65.8 per hour.
Algo Developer

Algo Developer

MDMS Recruiting

Manhattan, NY

Other

Posted 10 days ago

Job description

Algo Developer (VP Level)

Location: New York, NY (4 days onsite)

Full Time

Main mission is to implement trading software solutions used by the Direct Market Services & Solutions trading desk in the Americas to trade stocks and futures through various algo trading strategies. The Algo Developer will have experience developing real-time systems capable of trading in fast markets with an emphasis of solid code that scales well. The environment is fast moving and it s critical that the candidate be able to quickly translate new ideas into solid implementations.

Primary tasks include but are not limited to:

  • Develop, ensure baseline, and support low latency trading systems and related tools.
  • Take full ownership of algorithmic systems from inception to delivery.
  • Work directly with traders to understand their needs and to implement their trading strategies.
  • Analyze performance of end-to-end systems
  • Communicate and liaise with support, infrastructure, and market access development teams to improve the trading systems.
  • Adapt existing tools, used in other regions, to the US electronic business
  • Understand key industry trends in algo development and market microstructure.
  • Collaborate with other members of algo development team globally
  • Improve the research infrastructure
  • Study new indicators and strategy (understand user needs, suggest solutions, etc)
  • The candidate will need to work very closely with various teams:
  • Liaise & interact with worldwide team members (developers working on the same platform in Paris/Asia)
  • Front Office in U.S. will provide the functional guidelines
  • In house IT market access teams (dev and support) in charge of the market connectivity

Technical skills:

  • Minimum of 3 years of experience as front office algo developer, with strong knowledge of at least one of the following (the more the better)
  • Order management system / execution
  • Real time pricing
  • Real time market data
  • Strong technical skills in C# - real-time, parallelism / asynchronicity, high availability, efficient / performance sensitive code
  • Auto Hedge, systematic trading, market making
  • Exchange connectivity
  • 2-3 years minimum financial market exposure.
  • Fixed income a plus
  • Strong object-oriented programming skills and design patterns
  • Experience developing in Python a plus
  • Experience with performance testing and profiling a plus
  • Understanding of distributed design concepts including computer architecture and network architecture
  • Experience with Agile development methodologies, and continuous delivery
  • Memory/CPU profiling and multithreaded debugging experience.
  • Experience on trading algorithm/strategies a plus
  • Strong communication skills

Required Competencies:

  • Excellent programming skills
  • Adaptive mindset being able to switch gears quickly
  • Ability to self-organize work
  • Strong analytical and problem-solving skills
  • Ability to function in a high-pressure environment and to meet stringent deadlines for completing tasks

Education:

B.S degree in computer science, engineering, math, physics, or similar

Masters degree or equivalent work experience would be a plus

Apply