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Algorithmic Trader Jobs in Boston, MA (NOW HIRING)

... trades to support a design. Designs algorithms using modern theory and proven techniques. Develops embedded software based on prototype algorithms. Analyzes designs to demonstrate performance and ...

... trades to support a design. • Designs algorithms using modern theory and proven techniques. • Develops embedded software based on prototype algorithms. • Analyzes designs to demonstrate ...

Senior Systems Engineer

Framingham, MA · On-site

$107K - $147K/yr

... algorithms, embedded systems, acoustics, cloud-connected experiences, and mobile applications. * Use model-based and analytical approaches to evaluate alternatives, guide trade-off decisions, and ...

Senior Systems Engineer

Framingham, MA

$107K - $147K/yr

... algorithms, embedded systems, acoustics, cloud-connected experiences, and mobile applications. * Use model-based and analytical approaches to evaluate alternatives, guide trade-off decisions, and ...

Showing results 21-40

Algorithmic Trader information

See Boston, MA salary details

$42.9K

$105.1K

$292.8K

How much do algorithmic trader jobs pay per year?

As of Aug 12, 2026, the average yearly pay for algorithmic trader in Boston, MA is $105,134.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,400.00 and $114,600.00 per year, depending on experience, location, and employer.

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. Many algorithmic traders also pursue certifications or advanced degrees to enhance their knowledge and credibility.

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 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 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.

What are the most commonly searched types of Algorithmic Trader jobs in Boston, MA? The most popular types of Algorithmic Trader jobs in Boston, MA are:
What are popular job titles related to Algorithmic Trader jobs in Boston, MA? For Algorithmic Trader jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Algorithmic Trader jobs in Boston, MA look for? The top searched job categories for Algorithmic Trader jobs in Boston, MA are:
Infographic showing various Algorithmic Trader job openings in Boston, MA as of August 2026, with employment types broken down into 67% Full Time, and 33% Contract. Highlights an 100% In-person job distribution, with an average salary of $105,117 per year, or $50.5 per hour.

Senior Navigation Algorithm Engineer

The Charles Stark Draper Laboratory, Inc.

Cambridge, MA • On-site

$75 - $245/hr

Other

Posted yesterday

New


Job description

Overview: Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.

Job Description Summary

The Senior Navigation Algorithm Engineer develops software for cutting-edge space and defense systems used by the US Government and commercial customers as well as internal R&D projects. A Senior Navigation Algorithms Engineer develops, integrates, and deploys advanced navigation algorithms and software for systems able to operate in complex environments such as underwater, ground, air, and space.

Duties/Responsibilities
  • Evaluates requirements, proposes solutions, explores design trades to support a design.
  • Designs algorithms using modern theory and proven techniques.
  • Develops embedded software based on prototype algorithms.
  • Analyzes designs to demonstrate performance and functionality.
  • Develops and executes software tests to check compliance with requirements.
  • Evaluates results to establish problem causes and develop solutions for inefficient or problems.
  • Prepares technical data, procedures, reports, drawings, manuals, and other required documentation.
  • Communicates with customers and stakeholders to establish requirements and describe the design and deliverables.
  • Tracks priorities, scope, schedule, and cost.
  • Performs other duties as assigned.
Skills/Abilities
  • Strong programming skills in MATLAB, Simulink, Python, C/C++.
  • Excellent analytical and problem-solving skills.
  • Excellent written and verbal communication skills.
  • Knowledge of Autonomy and GNC algorithms and technology.
  • Knowledge of real-time software development tools.
  • Knowledge of project execution, designing, developing, and validating real-time algorithms and software.
  • Familiarity with trajectory optimization, optimal control, and similar techniques.
  • Significant knowledge in the design and analysis of control systems.
  • Significant knowledge of design and implementation of trajectory design/optimization algorithms including optimal control techniques.
  • Strong project execution and teamwork skills.
  • Strong analytical and problem-solving capabilities.
  • Ability to clearly communicate work assignments to team members.
Education
  • Bachelor's Degree in Aerospace Engineering, Electrical Engineering, or a related field is required.
  • Masters or PhD in a related field is preferred.
Experience
  • 5-10 years of Software Engineering or related experience is required.
Additional Job Description

Applicants selected for this position will be required to obtain and maintain a government security clearance. Secret Clearance is preferred.

Job Location - City: Cambridge

Job Location - State: Massachusetts

Job Location - Postal Code: 02139-3563

The US base salary range for this full-time position is $75,000.00 - $245,000.00. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Union ranges will be in compliance with the collective bargaining agreement's approved rates by location and role. Please note that the compensation details listed in US role postings reflect the base salary only, and does not include bonuses or benefits.

Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities.

Equal Employment Opportunity

Draper is committed to creating an inclusive environment. We understand the value of inclusivity and its impact on a high-performance culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, national origin, veteran status, or genetic information. Draper is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact hr@draper.com.

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