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Entry Level Quant Developer Jobs in Newark, NJ (NOW HIRING)

Precise - Int

Entry-Level Financial Analyst

New York, NY · On-site

... Engineering, and Legal firms, in search of entry-level financial analysts for our rapidly growing ... Responsibilities • Mapping and analyzing quantitative data • Preparing management reports • ...

PDT Partners

Quantitative Researcher

New York, NY · On-site

$190K - $250K/yr

Experience Required: Entry-level (PhD Program) or Experienced (Postdoc, Faculty, Scientific Lab ... PhD in Math, Science, Engineering and other relevant disciplines The PDT team - a quantitative ...

PDT Partners

Quantitative Researcher

New York, NY · Hybrid

$190K - $250K/yr

Experience Required: Entry-level (PhD Program) or Experienced (Postdoc, Faculty, Scientific Lab ... PhD in Math, Science, Engineering and other relevant disciplines The PDT team - a quantitative ...

ADE Systems, Inc.

Be Seen First

Mechanical Engineering Sales Assistant

Sayreville, NJ · On-site

$60K - $80K/yr

... Entry level individuals with a technical/engineering background to join our growing team in our ... Use of computer programs to complete processes, such as orders or quantitative take-offs ...

IBM

Data Engineer Intern 2027

Bronx, NY

... entry-level positions. You'll receive a status update email for each application, so be sure to ... Currently pursuing a quantitative degree in Computer Science, Statistics, Mathematics, Engineering ...

IBM

Data Engineer Intern 2027

New York, NY · On-site

... entry-level positions. You'll receive a status update email for each application, so be sure to ... Currently pursuing a quantitative degree in Computer Science, Statistics, Mathematics, Engineering ...

IBM

Data Engineer Intern 2027

Bronx, NY · On-site

... entry-level positions. You'll receive a status update email for each application, so be sure to ... Currently pursuing a quantitative degree in Computer Science, Statistics, Mathematics, Engineering ...

IBM

Data Engineer Intern 2027

New York, NY

... entry-level positions. You'll receive a status update email for each application, so be sure to ... Currently pursuing a quantitative degree in Computer Science, Statistics, Mathematics, Engineering ...

Blackstone

2027 Data Science Summer Analyst

New York, NY · On-site

... programming, and machine learning techniques. We use financial data, alternative datasets, and ... If you're seeking stimulating quantitative work with clear, tangible business impact, BXDS may be a ...

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All JobsQuant Developer JobsEntry Level Quant Developer JobsEntry Level Quant Developer Jobs in Newark, NJ

Entry Level Quant Developer information

See Newark, NJ salary details

$102.5K

$177.5K

$271.4K

How much do entry level quant developer jobs pay per year?

As of Aug 30, 2026, the average yearly pay for entry level quant developer in Newark, NJ is $177,489.00, according to ZipRecruiter salary data. Most workers in this role earn between $140,600.00 and $208,100.00 per year, depending on experience, location, and employer.

What is an entry level quant developer?

Entry level quant developers are professionals who use mathematical models, programming, and data analysis to help financial institutions make trading decisions or manage risk. They typically work with large datasets and implement algorithms in programming languages like Python, C++, or Java. While entry level roles may focus more on coding and supporting senior quants, they provide a strong foundation in both finance and technology. These roles often require strong analytical skills, basic financial knowledge, and proficiency in at least one programming language.

What are the key skills and qualifications needed to thrive as an entry level quant developer?

To thrive as an Entry Level Quant Developer, you need strong quantitative skills, programming proficiency (such as Python, C++, or Java), and a background in mathematics, statistics, or a related field. Familiarity with financial modeling tools, statistical analysis software, and version control systems like Git is often required. Analytical thinking, attention to detail, and effective communication are crucial soft skills for collaborating with teams and translating complex data into actionable insights. These skills and qualities are essential for developing robust quantitative models and supporting data-driven decision-making in fast-paced financial environments.

What are some typical challenges faced by entry level quant developers when transitioning from academia to a professional finance environment?

Entry level quant developers often find the transition from academic settings to professional finance environments challenging due to the fast-paced nature of the industry and the need for effective collaboration with traders, analysts, and senior developers. In addition to applying their quantitative and programming skills, new hires must quickly adapt to production-level coding standards, version control systems, and the need for rigorous code reviews. Time-sensitive problem-solving and balancing multiple projects are common, making communication and prioritization essential skills. Proactively seeking mentorship and being open to feedback can significantly ease this transition and foster professional growth.

What is the difference between Entry Level Quant Developer vs Quant Analyst?

AspectEntry Level Quant DeveloperQuant Analyst
Required CredentialsBachelor's in Math, CS, or Finance; programming skillsBachelor's or Master's in Finance, Economics, or Math; strong analytical skills
Work EnvironmentFinancial firms, hedge funds, trading desks; coding-focusedFinancial institutions, asset management; analysis and modeling
Employer & Industry UsageCommon in trading firms, hedge funds, investment banksPrevalent in asset management, hedge funds, banks

While both roles involve quantitative skills, Entry Level Quant Developers focus on coding and implementing trading algorithms, whereas Quant Analysts primarily analyze data and develop financial models. The roles often overlap but differ mainly in their core responsibilities and daily tasks.

What are the most commonly searched types of Quant Developer jobs in Newark, NJ?

The most popular types of Quant Developer jobs in Newark, NJ are:

What are popular job titles related to Entry Level Quant Developer jobs in Newark, NJ?

For Entry Level Quant Developer jobs in Newark, NJ, the most frequently searched job titles are:

What job categories do people searching Entry Level Quant Developer jobs in Newark, NJ look for?

The top searched job categories for Entry Level Quant Developer jobs in Newark, NJ are:

Entry Level Quant Developer jobs near you
Infographic showing various Entry Level Quant Developer job openings in Newark, NJ as of August 2026, with employment types broken down into 84% Full Time, and 16% Part Time. Highlights an 81% In-person, and 19% Remote job distribution, with an average salary of $177,489 per year, or $85.3 per hour.

Interest Rates Developer

ITech Recruiting

Manhattan, NY

Full-time

Re-posted 11 days ago

Job description

RESPONSIBILITIES
• Work in a team-oriented environment, supporting derivative product business line
• Support front and back officer business users, as well as risk, accounting, and reporting groups throughout the organization on a variety of issues and requirements
• Provide and document solutions to issues raised by users through analysis of data, program code, logs, and data interfaces as needed.
• Build and maintain custom business applications (reports, interfaces) on top of vendor product-OPUS utilizing OPUS Interface Language on Solaris/Sybase platform
• Build and maintain 2-tier Java Swing based GUI applications that interface with Sybase database
• Full life cycle software development, working directly with business users, including financial engineers, traders and operation staff, in gathering requirements and delivering results
• Continuation of the daily software functions including program error remedy, patch/upgrade management, operation instructions and system documentation
TECHNICAL SKILLS
Required/Must have:
• UNIX (Solaris) platform – application development and support. Shell/Perl scripting
• Sybase/SQL query generation and data table analysis
• Java application development
• Microsoft Excel, Access, and Word
Desired/Plus:
• Opus
• C
• Relational database design and implementation using Sybase
• Microsoft Excel and VBA programming.
• Graphical user interface development using Java Swing library
BUSINESS KNOWLEDGE
Required/Must have:
Exposure to fixed income or derivative financial products.
Desired/Plus:
• Knowledge in interest rate derivatives and credit derivatives.
• Knowledge in back office and operation process.
• Knowledge in pricing models.
COMPETENCIES
Required/Must have:
• Communication skills
• Documentation skills
• Strong analytical and problem solving skills
• Ability to change tasks as needed when user emergencies arise
• Self-motivated fast learner
• Ability to articulate application design with business line users
• Be able to handle deadline and pressure
PRIOR WORK EXPERIENCE
Required/Must have:
• 3-5 yrs of TOTAL EXPERIENCE
• 2+ years experience with application development and support in banking/financial industry.
• Direct interaction with business line users or business analysts
Desired/Plus:
Development and/or support on interest rate derivatives or bond systems
Quantitative programming
EDUCATION
Required/Must have:
Bachelors degree in Engineering, Math, or Computer Science or related