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Algorithmic Trading Developer Jobs in Jersey City, NJ

Collaborate with engineering teams to improve trading infrastructure, UIs, reduce latency, and ... or algorithmic trading experience, preferably in sports betting, prediction markets, derivatives ...

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Who You Are: We're seeking an experienced Algo Trading / SOR Developer to join our team in New York ... In this role, you will take a lead in developing greenfield algorithmic trading systems, shaping ...

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Algorithmic Trading Developer information

See Jersey City, NJ salary details

$17

$65

$82

How much do algorithmic trading developer jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for algorithmic trading developer in Jersey City, NJ is $65.71, according to ZipRecruiter salary data. Most workers in this role earn between $59.76 and $77.88 per hour, depending on experience, location, and employer.

What is an algorithmic trading developer?

An Algorithmic Trading Developer is a software professional who designs, builds, and maintains computer programs (algorithms) that automatically execute trades in financial markets. These developers combine knowledge of programming, quantitative analysis, and financial markets to create strategies that can analyze market data and place trades faster and more efficiently than human traders. Their work often involves working with large datasets, optimizing code for speed, and ensuring low-latency execution. They may also collaborate with traders and quantitative analysts to implement and test new trading ideas.

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

To thrive as an Algorithmic Trading Developer, you need strong programming skills (especially in Python, C++, or Java), a solid grasp of quantitative finance, and typically a degree in computer science, mathematics, or related fields. Expertise in trading platforms, financial data APIs, and familiarity with machine learning libraries and version control systems is common, alongside relevant certifications like CFA or CQF. Exceptional analytical thinking, attention to detail, and problem-solving abilities are crucial soft skills for success in this role. These capabilities enable developers to design, test, and optimize trading algorithms that perform reliably and profitably in dynamic financial markets.

What are some common challenges algorithmic trading developers face when deploying new trading strategies?

Algorithmic Trading Developers often encounter challenges such as ensuring low-latency execution, accurately backtesting strategies with real-world data, and managing the risks of live trading. Deployment requires close collaboration with quantitative analysts, traders, and IT teams to validate models and maintain robust infrastructure. Additionally, developers must monitor for unexpected market conditions and quickly address any system failures or regulatory changes that could impact trading performance.

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

AspectAlgorithmic Trading DeveloperQuantitative Analyst
Required CredentialsBachelor's or Master's in Computer Science, Finance, or related fields; programming skillsDegree in Mathematics, Statistics, Finance, or Economics; strong analytical skills
Work EnvironmentDevelops trading algorithms, codes, tests, and implements trading systemsBuilds models, analyzes data, and provides trading insights
Employer & Industry UsageFinancial firms, hedge funds, trading firms focusing on system developmentInvestment banks, hedge funds, asset managers focusing on data analysis

While both roles work within the finance industry and require quantitative skills, Algorithmic Trading Developers primarily focus on coding and implementing trading algorithms, whereas Quantitative Analysts analyze data and develop models to inform trading strategies.

How to become an algorithmic trading developer?

To become an algorithmic trading developer, you typically need a strong background in computer science, mathematics, or finance, with proficiency in programming languages such as Python, C++, or Java. Knowledge of financial markets, trading strategies, and experience with data analysis, algorithm design, and trading platforms are essential. Gaining relevant certifications or completing specialized courses can also enhance your qualifications.

What are popular job titles related to Algorithmic Trading Developer jobs in Jersey City, NJ?

For Algorithmic Trading Developer jobs in Jersey City, NJ, the most frequently searched job titles are:

What job categories do people searching Algorithmic Trading Developer jobs in Jersey City, NJ look for?

The top searched job categories for Algorithmic Trading Developer jobs in Jersey City, NJ are:

Infographic showing various Algorithmic Trading Developer job openings in Jersey City, NJ as of August 2026, with employment types broken down into 82% Full Time, 4% Part Time, and 14% Contract. Highlights an 81% Physical, 6% Hybrid, and 13% Remote job distribution, with an average salary of $136,680 per year, or $65.7 per hour.

Algorithmic Trading Developer - Vice President

Citibank (Switzerland) AG

Jersey City, NJ • On-site

$142 - $213/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

New


Job description

## Algorithmic Trading Developer – Vice PresidentApplyremote type: Hybridlocations: Jersey City New Jersey United States: New York New York United Statestime type: Full timeposted on: Posted Yesterdayjob requisition id: 26979414Equities Technology at Citi is undertaking a bold, multi‐year transformation to build a best‐in‐class global platform across execution, prime, clearing and cross‐product margining. We are re‐engineering our technology estate to achieve world‐leading performance and resiliency, enabling new capabilities in advanced execution, global market connectivity, and modernised post‐trade, clearing and margin processes. Our ambition is to deliver a seamlessly integrated, highly automated platform that drives outstanding client outcomes and accelerates growth across our global franchise. As part of the team, you’ll collaborate closely with high‐calibre engineers and deeply engaged business and product partners - working together to define and deliver the next generation of Equities technology at Citi.We are seeking a highly skilled and experienced Algorithmic Trading Developer to join our Equities Electronic Trading team. This is a VP-level position responsible for the design, development, and optimization of our core low-latency execution platform. The overall objective of this role is to drive the technical implementation and innovation of our algorithmic trading engines, critical components of our electronic trading infrastructure, utilizing modern, high-performance Java and microservices architecture.**Responsibilities:*** Take a leading role in the design, development, and optimization of high-performance, low-latency microservices and applications, with a primary focus on the firm's algorithmic trading strategies and infrastructure.* Implement and enhance complex trading logic, execution strategies, and performance optimizations to ensure best execution and system stability.* Participate in and lead technical design discussions and conduct rigorous code reviews to ensure the highest standards of quality, performance, and architectural integrity.* Partner with product development, quantitative researchers, and other technology teams to deliver new trading capabilities and enhance existing systems.* Drive continuous improvement initiatives in testing frameworks, development tools, and deployment processes for our low-latency and high-throughput environment.* Resolve complex technical challenges through in-depth analysis of business requirements, system processes, and industry best practices.* Apply expert knowledge of system architecture, data flow, and development standards for coding, testing, debugging, and implementation.* Build and maintain robust solutions for trading platform monitoring, trade reconciliation, and application recovery.* Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.**Qualifications:*** 5+ years of hands-on experience in software development with a strong focus on high-performance, low-latency systems.* Expert-level technical knowledge in Core Java, including a deep understanding of JVM internals, concurrency, garbage collection, and memory management in a low-latency context.* Proven experience designing and developing automated trading systems in Equities or other similar financial domains, such as smart order routing, benchmark algorithms, or other automated execution strategies.* Solid understanding of financial market protocols (e.g., FIX) and practical experience handling order and market datasets.* Experience with microservices architecture and developing distributed systems.* Demonstrable experience with modern testing frameworks, Agile methodologies, and Continuous Integration/Continuous Delivery (CI/CD) processes.* Excellent communication skills with a demonstrable ability to present and grasp complex technical and business concepts.* Familiarity with messaging and data grid technologies (e.g., Solace, AMPS, Chronicle, KDB+), infrastructure automation tools (e.g., Ansible), or experience with other high-performance languages like Rust is a plus.* Bachelor’s degree/University degree or equivalent experience; Master’s degree preferred.------------------------------------------------------## **Job Family Group:**Technology------------------------------------------------------## **Job Family:**Applications Development------------------------------------------------------## **Time Type:**Full time------------------------------------------------------## **Primary Location:**Jersey City New Jersey United States------------------------------------------------------## **Primary Location Full Time Salary Range:**$142,320.00 - $213,480.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. 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. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------## **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:**Aug 14, 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.* #J-18808-Ljbffr