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Algorithmic Trader Jobs in Maryland (NOW HIRING)

Software Engineer III

Annapolis Junction, MD · On-site

$63.25 - $84.75/hr

... algorithm development, and real-time systems in accordance with documented requirements. Capable of ... trade-offs, software reuse, and synthesizing requirements analysis from the system level down to ...

Software Engineer 1

Linthicum, MD · On-site

$65 - $90/hr

... novel algorithm development, manipulation of extremely large data sets, real-time systems, and ... software trade offs, software reuse, use of Commercial Off-the-shelf (COTS)/Government Off-the ...

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Showing results 41-60

Algorithmic Trader information

See Maryland salary details

$38.3K

$93.9K

$261.6K

How much do algorithmic trader jobs pay per year?

As of Sep 2, 2026, the average yearly pay for algorithmic trader in Maryland is $93,923.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,800.00 and $102,400.00 per year, depending on experience, location, and employer.

What is an algorithmic trader?

An algorithmic trader is a financial professional who uses computer algorithms to automate trading strategies in financial markets. These traders develop, test, and implement mathematical models that analyze market data and execute trades at speeds and frequencies impossible for humans. Algorithmic traders work in environments such as investment banks, hedge funds, and proprietary trading firms, and their goal is often to maximize returns while managing risk. They typically need strong skills in programming, quantitative analysis, and finance.

What are the key skills and qualifications needed to thrive as an algorithmic trader?

To thrive as an Algorithmic Trader, you need a strong background in mathematics, statistics, programming (often Python, C++, or R), and a solid understanding of financial markets, usually supported by a relevant degree. Familiarity with trading platforms, backtesting frameworks, and data analysis tools, plus certifications like CFA or FRM, are commonly required. Strong analytical thinking, attention to detail, and the ability to work under pressure are vital soft skills for success in this fast-paced environment. These skills enable traders to develop effective, automated strategies that capitalize on market opportunities while managing risk efficiently.

What are some typical challenges faced by algorithmic traders in their day-to-day work?

Algorithmic traders often encounter challenges such as maintaining and updating trading algorithms to adapt to rapidly changing market conditions, ensuring low-latency execution, and managing the risks associated with automated trading. Collaborating closely with quantitative analysts, software engineers, and risk managers is essential to refine strategies and troubleshoot technical issues. Staying compliant with regulatory requirements and monitoring for unexpected market behaviors or system errors are also important aspects of the role.

What is the difference between Algorithmic Trader vs Quantitative Analyst?

AspectAlgorithmic TraderQuantitative Analyst
Required CredentialsDegree in finance, computer science, or related field; programming skillsDegree in mathematics, statistics, or finance; strong analytical skills
Work EnvironmentTrading firms, hedge funds, financial institutions; fast-pacedFinancial institutions, research firms; analytical and research-focused
Employer & Industry UsageUsed primarily in trading and investment firmsUsed in asset management, hedge funds, and investment banks

While both roles require strong quantitative skills and programming knowledge, Algorithmic Traders focus on developing and executing trading algorithms in real-time markets, whereas Quantitative Analysts primarily develop models and strategies for investment decision-making. The roles often overlap but differ mainly in their focus on trading execution versus model development.

How do you become an algorithmic trader?

To become an algorithmic trader, you typically need a strong background in mathematics, programming, and finance, often holding a degree in a related field such as computer science, engineering, or finance. Developing skills in programming languages like Python or C++, understanding trading strategies, and gaining experience with trading platforms and data analysis are essential steps. Many algorithmic traders also pursue certifications or advanced degrees to enhance their knowledge and credibility.

What does an algorithmic trader do?

An algorithmic trader develops and implements automated trading strategies using computer algorithms to execute trades at high speed and volume. They analyze market data, optimize algorithms, and monitor trading systems, often using programming languages like Python or C++ and trading platforms. The role requires strong quantitative skills and understanding of financial markets.

What are the most commonly searched types of Algorithmic Trader jobs in Maryland?

The most popular types of Algorithmic Trader jobs in Maryland are:

What are popular job titles related to Algorithmic Trader jobs in Maryland?

For Algorithmic Trader jobs in Maryland, the most frequently searched job titles are:

What job categories do people searching Algorithmic Trader jobs in Maryland look for?

The top searched job categories for Algorithmic Trader jobs in Maryland are:

Infographic showing various Algorithmic Trader job openings in Maryland as of August 2026, with employment types broken down into 1% Internship, 85% Full Time, 13% Part Time, and 1% Contract. Highlights an 78% Physical, 3% Hybrid, and 19% Remote job distribution, with an average salary of $93,923 per year, or $45.2 per hour.

Mid-Level Python Software Engineer [$243k/yr+] TS/SCI-FS Poly with Security Clearance

SYSTOLIC

Annapolis Junction, MD • On-site

$243K/yr

Other

Posted 6 days ago


Job description

Candidates must already possess an active Top Secret/SCI w/ Full Scope Polygraph to be considered. Summary: • Develop, maintain, and test complex software systems utilizing Python, PySpark, and AWS cloud services including Glue, Lambda, and DynamoDB. • Analyze user requirements, implement mathematical models and algorithms, design database interfaces, and provide technical leadership across the software lifecycle. Qualifications & Compensation: • Degree: Technical bachelor's degree or equivalent experience • Years of experience: 7+ years • Total Compensation: $243k+ yearly Job Description: • Design, code, test, and debug new software solutions and modify existing applications to add features or improve performance. • Implement algorithms and mathematical models to meet or exceed system performance and functional standards. • Develop data pipelines, simple and complex queries, and interfaces for databases and data repositories using AWS and DynamoDB. • Integrate software components into new or modified target systems and operating environments. • Assist with developing and executing test procedures for software components and resolve software problem reports. • Provide recommendations for software documentation, process standards, and architectural trade-offs. • Serve as a technical team lead and collaborate with system engineers to analyze workflows, data usage, and requirements. About SYSTOLIC: SYSTOLIC is dedicated to giving our employees the best possible company experience so that they can focus on providing outstanding support to their customer’s mission. Our company is founded on integrity, enthusiasm, and a relentless commitment to supporting the Intelligence Community. You can learn more about us and submit an application to be considered against our current and future openings at https://systolic.com. To learn about our compensation ranges, visit our Pay Transparency page at: https://systolic.com/pay-transparency