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Backtesting Jobs in Virginia (NOW HIRING)

Backtesting information

What are the key skills and qualifications needed to thrive as a Backtesting Analyst, and why are they important?

To thrive as a Backtesting Analyst, you need a strong background in quantitative analysis, statistics, programming (typically in Python or R), and familiarity with financial markets, usually supported by a degree in mathematics, finance, or a related field. Proficiency with backtesting platforms (such as QuantConnect or Zipline), data analysis tools, and version control systems like Git is often required. Attention to detail, critical thinking, and strong problem-solving abilities are key soft skills that help ensure robust model evaluation and development. These skills are vital for accurately assessing trading strategies and minimizing risk in real-world financial applications.

What is backtesting?

Backtesting is the process of evaluating a trading strategy or investment model by applying it to historical market data. This helps traders and analysts see how the strategy would have performed in the past, which can provide insights into its potential effectiveness and risks. While backtesting can help identify strengths and weaknesses, it's important to remember that past performance is not always indicative of future results. The reliability of backtesting depends on data quality, strategy design, and how well it simulates real trading conditions.

What are some common challenges faced when backtesting trading strategies, and how can they be managed?

One common challenge in backtesting trading strategies is the risk of overfitting, where a model performs exceptionally well on historical data but fails in live markets. Data quality and availability can also pose issues, as incomplete or inaccurate data may skew results. To manage these challenges, it's important to use out-of-sample testing, robust data cleaning processes, and to validate strategies on multiple datasets. Collaborating with quantitative analysts and developers can also help ensure the backtesting process is thorough and reliable.

What is the difference between Backtesting vs Quantitative Analyst?

AspectBacktestingQuantitative Analyst
Primary RoleTesting trading strategies using historical dataDeveloping and implementing quantitative models for investment decisions
Required SkillsData analysis, programming, finance knowledgeMathematics, programming, financial theory
Work EnvironmentTrading firms, hedge funds, financial institutionsAsset management firms, hedge funds, banks
CertificationsOften none required, but CFA or CQF helpfulCFA, CQF, or advanced degrees common

Backtesting focuses on evaluating trading strategies with historical data, while a Quantitative Analyst develops models to inform investment decisions. Both roles require strong analytical skills and finance knowledge but differ in scope and responsibilities.

What job categories do people searching Backtesting jobs in Virginia look for? The top searched job categories for Backtesting jobs in Virginia are:

Software Engineer-Data Engineering, Machine Learning (ML)

American Association Of Motor Vehicle Admin.

Arlington, VA

$131K - $158K/yr

Other

Posted 7 days ago


Job description

Position Summary:
The IT Division is responsible for the development and operations of information systems for the State and Federal agencies doing business related to or using information from the administration of motor vehicles and driver licenses.
The Machine Learning (ML) Data Engineer position has core responsibilities for the design, development, deployment, and operational support of machine learning solutions on cloud infrastructure. This includes the full model lifecycle - from data acquisition and dataset preparation through feature engineering, experimentation, model training, validation, production deployment, and ongoing monitoring. Current applications include anomaly detection across high-volume messaging networks, but the scope encompasses any ML capability that strengthens system reliability, operational intelligence, and data-driven decision-making across AAMVA systems.
Essential Duties and Responsibilities:
We are seeking a talented Data Engineer with machine learning experience to join our team. You will design, build, and operationalize ML solutions running on cloud infrastructure (Azure or AWS). You will work across the full model lifecycle: preparing datasets, engineering features, running experiments, deploying models to production, and operating them on cloud infrastructure.
As a detail-oriented professional, you have a strong track record of independently managing projects and driving them to successful completion. Your statistical foundation and engineering discipline enable you to move from exploratory analysis through to production-grade, monitored solutions. You communicate clearly with both technical and non-technical stakeholders - translating model behavior, data constraints, and engineering trade-offs into terms that drive decisions. You operate effectively across the broader IT organization, with sufficient general IT fluency to understand how ML systems interact with infrastructure, security, operations, and business workflows, and you proactively build those connections rather than working in a data silo.
Key responsibilities include:
  • Designing and building dataset preparation pipelines - acquiring, cleaning, transforming, and versioning data for ML training and evaluation
  • Engineering features that extract meaningful signals from structured and semi-structured data sources (time-series patterns, statistical profiles, categorical encodings)
  • Running structured experimentation - testing multiple algorithms against defined scenarios, measuring performance, and documenting findings
  • Training, evaluating, and tuning ML models including regression, classification, clustering, anomaly detection, and ensemble methods
  • Deploying models to production on cloud infrastructure and building the pipelines that keep them running (retraining, scoring, threshold management)
  • Monitoring model performance in production - tracking drift, false positive rates, and detection efficacy over time
  • Building and maintaining batch and streaming data pipelines using Synapse, Fabric, Spark, and Event Hubs that feed ML systems
  • Writing and optimizing analytical queries (SQL, KQL, PySpark) for data exploration, statistical profiling, and real-time analysis
  • Creating validation frameworks - synthetic test data generation, backtesting against historical logs, and shadow-mode evaluation
  • Building dashboards and visualizations that communicate model outputs to technical and non-technical stakeholders
  • Collaborating with cross-functional teams to identify ML opportunities and translate operational problems into data solutions; communicating findings, trade-offs, and model behavior clearly to technical and non-technical audiences across IT, operations, and leadership

Direct Reports:
None
QUALIFICATIONS
Formal Education:
Bachelor's degree in computer science, data science, statistics, mathematics, or related quantitative field. Equivalent work experience may be substituted
Knowledge, Skills, and Abilities:
Basic Qualifications
  • 3-5 years of hands-on experience in data engineering, ML engineering, or applied analytics
  • Hands-on cloud platform experience (Azure or AWS) building and deploying data or ML solutions on managed cloud services; specific platform less important than depth of experience
  • Working knowledge of statistical foundations: distributions, variance, standard deviation, trend vs. seasonality, hypothesis testing, and how to apply them to real operational data
  • Experience with the ML experiment-to-production cycle: dataset preparation, feature engineering, model training, evaluation, and deployment
  • Proficiency in Python for data processing, statistical analysis, and ML model development
  • Strong SQL skills with understanding of relational database fundamentals: data modeling, query optimization, indexing strategies, and how SQL Server infrastructure supports production workloads (T-SQL, stored procedures, Availability Groups)
  • Experience building data pipelines that handle batch and streaming workloads
  • Experience with version control systems (Git) and CI/CD practices
  • Strong problem-solving skills, attention to detail, and ability to work independently on ambiguous problems
  • Strong written and verbal communication skills - able to explain technical findings to non-technical stakeholders and engage productively across IT, operations, and leadership; comfort operating outside the ML silo and contributing to broader technology discussions

Preferred Qualifications
  • Experience with time-series analysis, anomaly detection, or statistical process control on operational data
  • Familiarity with unsupervised and semi-supervised techniques (isolation forest, clustering, ensemble methods)
  • Experience building and managing ML model lifecycle on Azure (MLflow, Fabric ML, Azure ML) or AWS (SageMaker, Glue, Step Functions)
  • Familiarity with KQL (Kusto Query Language) for time-series decomposition, log analytics, or real-time data exploration
  • Knowledge of data modeling and dimensional modeling concepts
  • Experience with synthetic test data generation and model validation frameworks
  • Familiarity with operations and monitoring of mission-critical data platforms

Technical Stack
  • Core Technologies: Microsoft Fabric, Azure Synapse Analytics, Apache Spark, Delta Lake, Azure Event Hubs
  • ML & Analytics: scikit-learn, PySpark ML, statistical modeling, time-series analysis, feature engineering, model validation
  • Languages: Python, SQL, PySpark, KQL, C#
  • Data Infrastructure: T-SQL, Stored Procedures, SQL Server Availability Groups
  • Azure Services: Azure Functions, Azure Data Factory, Azure Key Vault
  • Optional: Databricks, Snowflake, Lakehouse Architecture, Azure OpenAI; AWS candidates: equivalent services (SageMaker, Glue, Kinesis, Redshift) are acceptable in place of Azure-specific stack items
  • Visualization: Power BI
  • Development: Azure DevOps, CI/CD

Disclaimer Statement: The preceding job description has been written to reflect management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned.
AAMVA is an Equal Opportunity Employer/Veterans/Disabled