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Algorithmic Execution Quant Jobs in Somerville, MA

Develop, test, and benchmark algorithms grounded in physical principles to interpret measurements ... planning and execution of field operations. Publish research findings in leading scientific ...

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Algorithmic Execution Quant information

See Somerville, MA salary details

$57.3K

$130K

$214.4K

How much do algorithmic execution quant jobs pay per year?

As of Sep 7, 2026, the average yearly pay for algorithmic execution quant in Somerville, MA is $130,044.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,700.00 and $166,400.00 per year, depending on experience, location, and employer.

What does an algorithmic execution quant do?

An Algorithmic Execution Quant is responsible for designing, developing, and optimizing algorithms that execute large financial trades efficiently and at minimal cost. They analyze market microstructure, create models to predict market impact, and work closely with traders and engineers to implement these strategies in real-time trading systems. Their work is essential in minimizing transaction costs and improving trade execution quality for their firm.

What are some common challenges faced by algorithmic execution quants when developing and deploying trading algorithms?

Algorithmic Execution Quants often encounter challenges such as adapting strategies to rapidly changing market conditions, managing latency and slippage, and ensuring compliance with regulatory requirements. They must also balance the need for innovation with the necessity for robust risk controls and system reliability. Collaboration with traders, developers, and risk managers is essential to refine algorithms and ensure they perform optimally in live trading environments.

What are the key skills and qualifications needed to thrive as an algorithmic execution quant, and why are they important?

To thrive as an Algorithmic Execution Quant, you need a strong background in quantitative analysis, programming (often in Python or C++), and a solid understanding of financial markets, typically supported by an advanced degree in a quantitative discipline. Proficiency with statistical modeling tools, trading platforms, and market data systems, as well as familiarity with technologies like FIX protocol, is crucial. Strong problem-solving ability, attention to detail, and effective communication help you collaborate across trading, research, and technology teams. These skills are essential for designing, optimizing, and maintaining robust trading algorithms that achieve best execution and mitigate risk in fast-moving markets.

What is the difference between Algorithmic Execution Quant vs Quantitative Trader?

AspectAlgorithmic Execution QuantQuantitative Trader
Primary FocusDeveloping and implementing algorithms for trade execution to minimize market impactCreating trading strategies to generate alpha and profit from market movements
Work EnvironmentQuantitative research teams, trading desks, technology-drivenTrading floors, portfolio management teams, research departments
Required SkillsProgramming, market microstructure, execution algorithmsQuantitative modeling, market analysis, strategy development

While both roles involve quantitative skills, an Algorithmic Execution Quant specializes in optimizing trade execution processes, whereas a Quantitative Trader focuses on developing strategies to generate profits. The roles often collaborate but serve different functions within trading firms.

What are popular job titles related to Algorithmic Execution Quant jobs in Somerville, MA?

For Algorithmic Execution Quant jobs in Somerville, MA, the most frequently searched job titles are:

What job categories do people searching Algorithmic Execution Quant jobs in Somerville, MA look for?

The top searched job categories for Algorithmic Execution Quant jobs in Somerville, MA are:

What cities near Somerville, MA are hiring for Algorithmic Execution Quant jobs?

Cities near Somerville, MA with the most Algorithmic Execution Quant job openings:

Scientific Computing Researcher

SLB

Cambridge, MA • On-site

$105K - $213K/yr

Full-time

Medical, Retirement, PTO

Posted 9 days ago


Job description

Schlumberger-Doll Research (SDR), SLB's global research and innovation center, is seeking a Scientific Computing Researcher to join a multidisciplinary team of scientists in Cambridge, Massachusetts, adjacent to the MIT campus. This is an exciting opportunity to contribute to breakthrough research with direct impact on some of the world's most pressing energy challenges. Working at the intersection of science, engineering, and advanced computing, you will help develop next-generation solutions that enable cleaner, more efficient, and more sustainable energy systems.

The position is part of the Geosciences Department and focuses on advancing our capabilities in developing innovative computational solutions that enhance our understanding of geological systems, maximize the value of physical measurements, and improve operational efficiency in the characterization and management of subsurface assets. Key Responsibilities Partner with researchers, engineers, and domain experts to identify and develop technical solutions for real-world challenges. Develop, test, and benchmark algorithms grounded in physical principles to interpret measurements and infer subsurface properties.

Assess the quality, reliability, and uncertainty of measurements and inversion-derived results. Identify opportunities to improve estimation accuracy through the integration of multiple physics domains and data sources. Design and develop prototype solutions for validation, deployment, and transfer to engineering teams.

Collaborate with multidisciplinary teams across geoscience, reservoir engineering, formation evaluation, data science, and software development. Investigate and develop agentic AI solutions to assist data acquisition engineers in the planning and execution of field operations. Publish research findings in leading scientific journals and present results at internal and external technical forums.

Support the transition of research innovations into practical applications and operational deployment. The successful candidate will collaborate closely with scientists, engineers, and domain experts to develop solutions combining physics-based modeling, inversion techniques, machine learning, and advanced data analytics to address critical industry challenges. As research priorities and technologies evolve, the scope of the role will expand to support emerging projects and strategic initiatives across SLB's energy portfolio.

Desired Skills and Qualifications Master's degree or PhD in Applied Mathematics, Computational Science, Physics, Engineering, or a related quantitative discipline. Strong foundation in applied mathematics, uncertainty quantification, statistical inference, signal processing, and data analysis. Demonstrated experience applying mathematical or computational methods to solve problems in one or more physical science domains.

Proficiency in scientific programming using languages such as Python, C, or C++, along with associated scientific computing libraries. Experience with machine learning and artificial intelligence methods; exposure to agentic AI frameworks and applications is highly desirable. Strong analytical thinking and problem-solving capabilities.

Ability to work effectively in a multicultural and multidisciplinary research environment. Excellent written and verbal communication skills. Preferred Qualifications Experience developing physics-informed or hybrid physics-AI solutions.

Familiarity with inverse problems, optimization methods, and uncertainty quantification techniques. Experience working with geoscience, energy, or subsurface-related applications. Track record of scientific publications, technical presentations, or applied research contributions.

The compensation and benefits for this role are listed in compliance with applicable law. We are committed to offering fair and competitive pay aligned with each candidate's skills, experience, and qualifications, within the designated salary range for the role. Please note that the listed compensation and benefits apply only to successful candidates hired onto a local United States payroll.

The anticipated annual salary range for this position is $105,280 - $213,800. SLB offers a comprehensive total rewards package, which includes variable pay, health care coverage, retirement plan, protection programs, paid time off, and various training opportunities. ALL APPLICANTS FOR U.S

ROLES MUST CAREFULLY READ ALL THE SUPPLEMENTAL U.S. SPECIFIC INFORMATION LISTED BELOW. SLB is committed to a culture where everyone feels like they belong

To learn more about our diversity, equity, and inclusion commitments, please visit our Diversity & Inclusion | SLB (slb.com) page for more information. When certifying your application, you are also certifying on reading and understanding all of the below supplemental information. For purposes of the application and the below information, Company shall be defined to mean SLB

Please note that the below supplemental information and the employment application are NOT a contract. EQUAL EMPLOYMENT OPPORTUNITY & VETERANS Company policy is to provide every individual a fair and equal opportunity to seek employment and advancement at the Company without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, citizenship, genetic information, veteran or military status, disability, creed, ancestry, pregnancy (including pregnancy, childbirth and related medical conditions), marital status or any factors protected by federal, state, or local laws. We are an "Equal Opportunity Employer".

For more information please, refer to the latest version of "Know Your Rights" poster and the "Pay Transparency Nondiscrimination Poster" located here: https://www.dol.gov/agencies/ofccp/posters. The Company is a VEVRAA Federal Contractor - priority referral Protected Veterans requested. REASONABLE ACCOMMODATIONS The Company will endeavor to make a reasonable accommodation / modification to the known physical or mental limitations of a qualified applicant with a disability to assist in the hiring process, unless the accommodation would impose an undue hardship on the operation of our business, in accordance with applicable federal, state, and local law

If you believe you require such assistance to complete the application or to participate in the interview process, please contact accommodationhotline@slb.com to request assistance. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to. AUTHORIZATION FOR EMPLOYMENT Pursuant to the Immigration Reform and Control Act of 1986, all applicants who are offered and accept employment must produce documents establishing their identity and authorization for employment in the United States

These documents must be produced no later than seventy-two (72) hours after employment commences. In addition, all applicants who are offered and accept employment will be required to verify their employment authorization under oath by signing a USCIS Form I-9. SLB is an E-Verify employer.

APPLICATION CERTIFICATION When applying to a job please read the application carefully before certifying that all of the answers you have given are true, accurate and complete. Ensure that you have read and fully understand the questions asked in the application. Unless noted otherwise, by certifying the application, you are also agreeing to and/or authorizing the following: You understand that any omission and/or misrepresentation of any fact from or on the application or during any interview will result in immediate rejection of the application, or if hired, will be cause for immediate dismissal.

You certify that you have read and understand all the supplemental information listed on the job description page for the job that you are applying for. You authorize the Company to contact the education institutions that you have attended and for the Company to make any further investigations deemed necessary in connection with your application for employment. You authorize the Company to inquire about, investigate and obtain copies of any records which relate to you from your former employers and educational institutions.

You release the Company and all affiliated persons and entities, as well as any person or institution that provides the Company with any lawful information about you, from any and all liability whatsoever resulting from any such lawful inquiry, investigation, or communication. You agree that if hired, you will review and become familiar with all the rules and regulations of the Company. You understand and agree that nothing in the application or supplement shall constitute an offer, a contract, or a guarantee of employment for a specific period of time.

If hired, you understand that your employment may be terminated with or without cause and with or without notice at any time, at the will of the Company or yourself, for any or no reason. If hired, you understand that no supervisor or manager has authority to make an agreement to the contrary changing employment at-will. If hired, you understand that the Company and all plan administrators shall have the maximum discretion permitted by law to administer, interpret, modify, discontinue, enhance, or otherwise change all policies, procedures, benefits or other terms and conditions of employment.

You understand that any application that is filled out will be in effect for 90 days from the date you certified it and, if employment is not offered within the 90-day period, you understand that you must reapply to be considered for future employment. You understand that your application for employment in no way obligates the Company to employ you. STATE INFORMATION Please read below any applicable State Information.

By certifying the application, you are also certifying that you have read and understood any applicable State Information that is listed below. ARIZONA APPLICANTS ONLY: To the extent required by applicable law, the Company maintains a smoke-free workplace. CALIFORNIA APPLICANTS ONLY: I understand the Company may obtain, without using the services of a third party investigative consumer reporting agency, public records pertaining to my character, general reputation, personal characteristics, or mode of living during its evaluation of my application for employment and, if employed, during my employment.

By checking the following box, I waive my right to receive copies of public records obtained by the Company. MASSACHUSETTS APPLICANTS ONLY: Note that it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

MARYLAND APPLICANTS ONLY: Under Maryland law, an employer may not require or demand, as a condition of employment, prospective employment, or continued employment, that an individual submit to or take a lie detector test. An employer who violates this law is guilty of a misdemeanor and subject to a fine not exceeding $100. NEBRASKA APPLICANTS ONLY: By certifying the application you, hereby give consent to any and all prior employers of yours to provide information with regard to your employment with prior employers to SLB.