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Algorithmic Trading Analyst Jobs in Columbia, MD

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Algorithmic Trading Analyst information

What is an algorithmic trading analyst?

An Algorithmic Trading Analyst is a finance professional who designs, develops, and tests automated trading strategies using mathematical models and computer algorithms. They analyze market data, identify patterns, and create systems that can execute trades at optimal times and prices without human intervention. Their work involves programming, data analysis, and a deep understanding of financial markets. These analysts often collaborate with traders, quants, and software engineers to improve trading performance and manage risks.

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

To thrive as an Algorithmic Trading Analyst, you need a solid background in quantitative analysis, programming skills (often in Python, C++, or Java), and a degree in finance, mathematics, statistics, or a related field. Familiarity with trading platforms, market data feeds, backtesting frameworks, and certifications such as CFA or FRM can be highly beneficial. Exceptional problem-solving abilities, attention to detail, and strong communication skills help analysts adapt strategies and collaborate with trading teams. These skills are crucial for developing robust trading algorithms, minimizing risk, and capitalizing on market opportunities in a fast-paced environment.

What are some of the main challenges faced by algorithmic trading analysts in their daily work?

Algorithmic Trading Analysts often encounter challenges such as adapting to rapidly changing market conditions and ensuring that trading algorithms remain robust and effective. They must vigilantly monitor algorithm performance, quickly troubleshoot issues, and fine-tune models to minimize risk and maximize returns. Additionally, collaborating with software developers, traders, and risk managers is essential to implement updates and maintain compliance with regulatory standards. Staying current with the latest financial technologies and market trends is also crucial for long-term success in this dynamic field.

What is the difference between Algorithmic Trading Analyst vs Quantitative Analyst?

AspectAlgorithmic Trading AnalystQuantitative Analyst
Required CredentialsBachelor's in finance, computer science, or related field; often certifications like CFA or CQFDegree in mathematics, statistics, or finance; advanced certifications like CFA or FRM common
Work EnvironmentFinancial firms, hedge funds, trading desks; focus on developing and implementing trading algorithmsInvestment banks, asset management firms; focus on modeling and data analysis for investment strategies
Employer & Industry UsagePrimarily in trading and hedge fund industriesBroader across finance, risk management, and research roles

While both roles require strong quantitative skills and familiarity with financial markets, Algorithmic Trading Analysts focus on developing and deploying trading algorithms, whereas Quantitative Analysts often work on broader financial modeling and risk assessment. The roles overlap in skills and certifications but differ in daily tasks and primary objectives.

What are popular job titles related to Algorithmic Trading Analyst jobs in Columbia, MD?

For Algorithmic Trading Analyst jobs in Columbia, MD, the most frequently searched job titles are:

What job categories do people searching Algorithmic Trading Analyst jobs in Columbia, MD look for?

The top searched job categories for Algorithmic Trading Analyst jobs in Columbia, MD are:

What cities near Columbia, MD are hiring for Algorithmic Trading Analyst jobs?

Cities near Columbia, MD with the most Algorithmic Trading Analyst job openings:

Software Engineer 2 - (Cloud, Analytics, Spark)

Akina, Inc.

Annapolis Junction, MD

$208K - $254K/yr

Full-time

Retirement, PTO

Re-posted 10 days ago


Job description

Software Engineer 2 - (Cloud, Analytics, Spark)

Clearance: TS/SCI - Polygraph required
Position ID: 25-SS-8838-SWE2
Location: Annapolis Junction, Maryland

Description:

The Software Engineer develops, maintains, and enhances complex and diverse software systems (e.g., processing-intensive analytics, novel algorithm development, manipulation of extremely large data sets, real-time systems, and business management information systems) based upon documented requirements.

Works individually or as part of a team. Reviews and tests software components for adherence to the design requirements and documents test results. Resolves software problem reports.

Utilizes software development and software design methodologies appropriate to the development environment. Provides specific input to the software components of system design to include hardware/software trade-offs, software reuse, use of Commercial Off-the-shelf (COTS)/Government Off-the-shelf (GOTS) in place of new development, and requirements analysis and synthesis from system level to individual software components.

SWE L2. We are seeking a talented and motivated Cloud-Based Analytics Developer to join our team. As part of our organization, you will be responsible for developing and maintaining high-performance analytic solutions that process heavy volumes of data. This is an excellent opportunity for someone experienced in data analytics writing, and a passion for big data and distributed computing.

Requirements: Spark and/or MapReduce and/or SQL/NOSQL and/or Pandas/Numpy/SciPy.

  • Works individually or as part of a team.
  • Reviews and tests software components for adherence to the design requirements and documents test results.
  • Resolves software problem reports.
  • Utilizes software development and software design methodologies appropriate to the development environment.
  • Provides specific input to the software components of system design to include hardware/software trade-offs, software reuse, use of Commercial Off-the-shelf (COTS)/Government Off-the-shelf (GOTS) in place of new development, and requirements analysis and synthesis from system level to individual software components.
  • Developing and maintaining high-performance analytic solutions that process heavy volumes of data.

Position Required Skills:

  • Analyze user requirements to derive software design and performance requirements.
  • Design and code new software or modify existing software to add new features.
  • Debug existing software and correct defects.
  • Integrate existing software into new or modified systems or operating environments.
  • Develop simple data queries for existing or proposed databases or data repositories.
  • Provide recommendations for improving documentation and software development process standards.
  • Develop or implement algorithms to meet or exceed system performance and functional standards.
  • Assist with developing and executing test procedures for software components.
  • Write or review software and system documentation.
  • Develop software solutions by analyzing system performance standards, confer with users or system engineers; analyze systems flow, data usage and work processes; and investigate problem areas.
  • Serve as team lead at the level appropriate to the software development process being used on any particular project.
  • Modify existing software to correct errors, to adapt to new hardware, or to improve its performance.
  • Design, develop and modify software systems, using scientific analysis and mathematical models to predict and measure outcome and consequences of design.
  • Design or implement complex database or data repository interfaces/queries.
  • Oversee one or more software development teams and ensure the work is completed in accordance with the constraints of the software development process being used on any particular project.
  • Design or implement complex algorithms requiring adherence to strict timing, system resource, or interface constraints; Perform quality control on team products.
  • Confer with system engineers and hardware engineers to derive software requirements and to obtain information on project limitations and capabilities, performance requirements and interfaces.
  • Coordinate software system installation and monitor equipment functioning to ensure operational specifications are met.
  • Implement recommendations for improving documentation and software development process standards.

Position Desired Skills:

  • Spark
  • MapReduce
  • SQL
  • NoSQL
  • Pandas/Numpy/SciPy

SWE2 Qualifications:

Fourteen (14) years’ experience as a SWE in programs and contracts of similar scope, type, and complexity is required.

Bachelor’s degree in Computer Science or related discipline from an accredited college or university is required.

Four (4) years of additional SWE experience on projects with similar software processes may be substituted for a bachelor’s degree.

Salary Range: $208k-$254k (Annually)

The range displayed above is a likely salary range for this position. This is not, however, a guarantee of compensation or salary. Rather, salary will be set based on experience, geographic location and possible contractual requirements and could fall outside of this range.

Akina is a Woman Owned, Service Disabled, Veteran Owned, Small Business, looking for talented and ambitious individuals to join our team. We offer a generous compensation package that includes 24 days PTO accrued annually and 11 federal holidays. Our 401k is 100% vested on your start date and the company makes a direct contribution worth 10% of your salary. Akina covers 100% of healthcare costs for employees and 50% toward dependents. We offer educational assistance towards college classes and will cover costs associated with job related training and certifications.

Akina is committed to excellence and creating innovative and flexible solutions for our clients. We are a small company with an open ear to our employees' needs in order to attract and retain quality talent that enables our customer's mission.

We are an equal employment opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

www.akina-inc.com/careers