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Algo Jobs (NOW HIRING)

Senior Java Algo Developer

New York, NY · On-site +1

$62.75 - $79.75/hr

You will also own the algo pipeline: how strategies move from research and calibration through certification and into production. Your work spans market-data ingest, strategy decisioning, order ...

Senior Java Algo Developer

New York, NY · On-site

$62.75 - $79.75/hr

You will also own the algo pipeline: how strategies move from research and calibration through certification and into production. Your work spans market-data ingest, strategy decisioning, order ...

Head of Algo Trading (AI) About the role Deeter Analytics is a privately held investment research and trading firm managing its own capital across public markets. After years of discretionary success ...

Who You Are: We're seeking an experienced Algo Trading / SOR Developer to join our team in New York. You will have a proven track record of building and benchmarking execution algorithms from the ...

Who You Are: We're seeking an experienced Algo Trading / SOR Developer to join our team in New York. You will have a proven track record of building and benchmarking execution algorithms from the ...

Showing results 21-40

Algo information

See salary details

$36

$65

$93

How much do algo jobs pay per hour?

As of Aug 24, 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 is an algo?

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.

What are the key skills and qualifications needed to thrive as an algorithm engineer?

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 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.

More about Algo jobs

What states have the most Algo jobs?

States with the most job openings for Algo jobs include:

Infographic showing various Algo job openings in the United States as of August 2026, with employment types broken down into 37% Full Time, and 63% Part Time. Highlights an 100% Physical job distribution, with an average salary of $136,833 per year, or $65.8 per hour.

Algo Developer, Fixed Income Trading, Senior Vice President

Citigroup Inc.

Manhattan, NY • On-site

$177 - $265/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Citibank rating

8.4

Company rating: 8.4 out of 10

Based on 178 frontline employees who took The Breakroom Quiz

38th of 171 rated banks


Job description

Join Citi's Fixed Income Algo Technology team in North America and play a pivotal role in advancing our internal market-making and algorithmic trading capabilities for the Spread Product algo trading business. This is a unique and challenging opportunity for an experienced software engineer to contribute to one of the industry's largest and most sophisticated algorithmic trading platforms. You will be instrumental in creating best-in-class, next-generation products, directly impacting our clients' franchise. This role involves close collaboration with traders and quants to solve complex business and technology problems, with a direct and measurable influence on business outcomes.

Key Responsibilities / Role:

  • Design and develop reusable algo trading platform components, with a strong focus on high performance and low latency.
  • Collaborate directly with Traders, Quants, and Product Managers to understand business requirements and implement functional enhancements to the algo trading platform.
  • Ensure the strong reliability, scalability, and performance of core algorithmic components.
  • Work seamlessly with wider eTrading Teams and Production Support to maintain and enhance live trading systems.
  • Adhere to stringent engineering standards, continuously striving for best-in-class solutions and practices.

Knowledge/Experience

  • 8+ years of extensive hands-on coding experience in core Java, C++ or Rust specializing in low-latency, high-throughput distributed applications.
  • Profound understanding of software development fundamentals, data structures, design patterns, object-oriented programming, and algorithms complexity analysis.
  • Demonstrated experience with messaging technologies such as Solace, Kafka, etc.
  • Practical experience with Chronicle and/or Aeron.
  • Experience with distributed caching techniques.
  • Proven track record in implementing and supporting market data processing applications and trading applications.
  • Experience building robust back-testing frameworks and managing historical data storages.
  • Basic proficiency in Linux system performance tuning and monitoring, with the ability to troubleshoot performance issues within the Java/Linux stack.
  • Familiarity with build tools, including Gradle, Git, TeamCity, Jenkins, and Artifactory.
  • Strong academic record, ideally with a Bachelor’s degree in Computer Science, Information Science, Engineering, or a related technical or quantitative discipline.

Competencies:

  • Strong verbal and written communication skills, with the ability to effectively communicate complex technical concepts to business users.
  • A self-motivated individual with a strong determination to achieve goals and drive projects to successful completion.
  • Eagerness to continuously learn and grow, both technically and professionally.
  • Excellent team-working skills and the ability to thrive in a distributed global team environment.
  • Ability to perform effectively and deliver results in a fast-paced environment.
  • Flexible and adaptable, capable of delivering high-quality results within required timeframes.
Job Family Group:

Technology

Job Family:

Applications Development

Time Type:

Full time

Primary Location:

New York New York United States

Primary Location Full Time Salary Range:

$176,720.00 - $265,080.00

In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

  • Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
  • Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

Anticipated Posting Close Date:

Sep 10, 2026

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

Illinois residents – AI Notice and Right

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.

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About Citigroup Inc

Sourced by ZipRecruiter

We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We have set expectations for how we must act to bring our mission to life. These expectations are at the heart of our Leadership Principles – we take ownership, we deliver with pride and we succeed together.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

New York City, NY, US