Develop algorithms and models to price and manage a global inventory of lendable securities ... Knowledge of object-oriented programming and sound software design principles is preferred. Salary ...
Develop algorithms and models to price and manage a global inventory of lendable securities ... Knowledge of object-oriented programming and sound software design principles is preferred. Salary ...
Lead Software Engineer
Boston, MA · On-site
... mentor junior engineers by providing insightful code review and design review feedback ... algorithms. • Minimum of 5 years of experience developing a commercial product with a client ...
Lead Software Engineer
Boston, MA · On-site
... mentor junior engineers by providing insightful code review and design review feedback ... algorithms. • Minimum of 5 years of experience developing a commercial product with a client ...
Lead Software Engineer
Boston, MA · On-site
... mentor junior engineers by providing insightful code review and design review feedback ... algorithms. • Minimum of 5 years of experience developing a commercial product with a client ...
Lead Software Engineer
Boston, MA · On-site
... mentor junior engineers by providing insightful code review and design review feedback ... algorithms. • Minimum of 5 years of experience developing a commercial product with a client ...
Lead Software Engineer
Boston, MA · On-site
... mentor junior engineers by providing insightful code review and design review feedback ... algorithms. • Minimum of 5 years of experience developing a commercial product with a client ...
Lead Software Engineer
Boston, MA · On-site
... mentor junior engineers by providing insightful code review and design review feedback ... algorithms. • Minimum of 5 years of experience developing a commercial product with a client ...
Lead C# Software Developer with ETL Experience - Work From Home
Boston, MA · On-site +1
$126K - $158K/yr
Boston MA Jobs, Lead C# Software Developer, C#, Python, ETL, RESTful, SOAP, OOP, Data Structures, Algorithms, Cloud, AWS, Remote, Work From Home, Software Engineer, Programming, Programmer Analyst ...
Lead C# Software Developer with ETL Experience - Work From Home
Boston, MA · On-site +1
$126K - $158K/yr
Boston MA Jobs, Lead C# Software Developer, C#, Python, ETL, RESTful, SOAP, OOP, Data Structures, Algorithms, Cloud, AWS, Remote, Work From Home, Software Engineer, Programming, Programmer Analyst ...
Autonomy Algorithms Senior Software Engineer Software
Woburn, MA · On-site
$134 - $184/hr
Full stack development experience but with a heavy focus on backend algorithmic development ... Object-Oriented Programming principles for large scale systems * Agile software lifecycle ...
Autonomy Algorithms Senior Software Engineer Software
Woburn, MA · On-site
$134 - $184/hr
Full stack development experience but with a heavy focus on backend algorithmic development ... Object-Oriented Programming principles for large scale systems * Agile software lifecycle ...
Develop algorithms and models to price and manage a global inventory of lendable securities ... Knowledge of object-oriented programming and sound software design principles is preferred. Salary ...
New
Develop algorithms and models to price and manage a global inventory of lendable securities ... Knowledge of object-oriented programming and sound software design principles is preferred. Salary ...
New
Senior Mission Critical Software Engineer
Cambridge, MA · On-site
$82K - $220K/yr
... more junior software engineers. Duties/Responsibilities Evaluates requirements, proposes solutions, explores design trades to support a design. Designs algorithms using modern theory and proven ...
Senior Mission Critical Software Engineer
Cambridge, MA · On-site
$82K - $220K/yr
... more junior software engineers. Duties/Responsibilities Evaluates requirements, proposes solutions, explores design trades to support a design. Designs algorithms using modern theory and proven ...
Senior Mission Critical Software Engineer
Cambridge, MA · On-site
$82K - $220K/yr
... junior software engineers. Duties/Responsibilities • Evaluates requirements, proposes solutions, explores design trades to support a design. • Designs algorithms using modern theory and proven ...
Senior Mission Critical Software Engineer
Cambridge, MA · On-site
$82K - $220K/yr
... junior software engineers. Duties/Responsibilities • Evaluates requirements, proposes solutions, explores design trades to support a design. • Designs algorithms using modern theory and proven ...
Senior Mission Critical Software Engineer
Cambridge, MA · On-site
$82K - $220K/yr
... junior software engineers. Duties/Responsibilities * Evaluates requirements, proposes solutions, explores design trades to support a design. * Designs algorithms using modern theory and proven ...
Senior Mission Critical Software Engineer
Cambridge, MA · On-site
$82K - $220K/yr
... junior software engineers. Duties/Responsibilities * Evaluates requirements, proposes solutions, explores design trades to support a design. * Designs algorithms using modern theory and proven ...
Director, Electronic Trading Product
Boston, MA · On-site
$158 - $168/hr
Works with product developers, traders, clients, and software developers to deploy electronic ... trading algorithms for clients, including Liquidity Seeking, Percent-of-Volume, Dark ...
Director, Electronic Trading Product
Boston, MA · On-site
$158 - $168/hr
Works with product developers, traders, clients, and software developers to deploy electronic ... trading algorithms for clients, including Liquidity Seeking, Percent-of-Volume, Dark ...
Flight Software Engineer, Distinguished
Cambridge, MA · On-site
$100K - $275K/yr
... more junior software engineers. Duties/Responsibilities Evaluates requirements, proposes solutions, explores design trades to support a design. Designs algorithms using modern theory and proven ...
Flight Software Engineer, Distinguished
Cambridge, MA · On-site
$100K - $275K/yr
... more junior software engineers. Duties/Responsibilities Evaluates requirements, proposes solutions, explores design trades to support a design. Designs algorithms using modern theory and proven ...
Director, Electronic Trading Product
Boston, MA · On-site
$158K - $168K/yr
Works with product developers, traders, clients, and software developers to deploy electronic ... trading algorithms for clients, including Liquidity Seeking, Percent-of-Volume, Dark ...
Director, Electronic Trading Product
Boston, MA · On-site
$158K - $168K/yr
Works with product developers, traders, clients, and software developers to deploy electronic ... trading algorithms for clients, including Liquidity Seeking, Percent-of-Volume, Dark ...
Flight Software Engineer, Distinguished
Cambridge, MA · On-site
$100K - $275K/yr
... junior software engineers. Duties/Responsibilities * Evaluates requirements, proposes solutions, explores design trades to support a design. * Designs algorithms using modern theory and proven ...
Flight Software Engineer, Distinguished
Cambridge, MA · On-site
$100K - $275K/yr
... junior software engineers. Duties/Responsibilities * Evaluates requirements, proposes solutions, explores design trades to support a design. * Designs algorithms using modern theory and proven ...
Flight Software Engineer, Distinguished
Cambridge, MA · On-site
$100K - $275K/yr
... junior software engineers. Duties/Responsibilities • Evaluates requirements, proposes solutions, explores design trades to support a design. • Designs algorithms using modern theory and proven ...
Flight Software Engineer, Distinguished
Cambridge, MA · On-site
$100K - $275K/yr
... junior software engineers. Duties/Responsibilities • Evaluates requirements, proposes solutions, explores design trades to support a design. • Designs algorithms using modern theory and proven ...
Director, Electronic Trading Product
$158K - $168K/yr
Works with product developers, traders, clients, and software developers to deploy electronic ... trading algorithms for clients, including Liquidity Seeking, Percent-of-Volume, Dark ...
Director, Electronic Trading Product
$158K - $168K/yr
Works with product developers, traders, clients, and software developers to deploy electronic ... trading algorithms for clients, including Liquidity Seeking, Percent-of-Volume, Dark ...
Flight Software Engineer, Distinguished with Security Clearance
Cambridge, MA · On-site
$100K - $275K/yr
... junior software engineers. Duties/Responsibilities • Evaluates requirements, proposes solutions, explores design trades to support a design. • Designs algorithms using modern theory and proven ...
Flight Software Engineer, Distinguished with Security Clearance
Cambridge, MA · On-site
$100K - $275K/yr
... junior software engineers. Duties/Responsibilities • Evaluates requirements, proposes solutions, explores design trades to support a design. • Designs algorithms using modern theory and proven ...
Software Programmer
Burlington, MA · On-site
Candidate should be a full stack developer (Java, JavaScript, Databases). Developing decision support tools for event detection process. ACTIVE SECRET CLEARANCE REQUIRED Must Have: Software/Algorithm ...
Software Programmer
Burlington, MA · On-site
Candidate should be a full stack developer (Java, JavaScript, Databases). Developing decision support tools for event detection process. ACTIVE SECRET CLEARANCE REQUIRED Must Have: Software/Algorithm ...
Senior Quantitative Developer
Boston, MA · On-site
$100 - $130/hr
... trading cost forecasts based on the signals to drive trading decisions. We maintain a friendly ... Our development team within Research is responsible for the tools, APIs, libraries and software ...
Senior Quantitative Developer
Boston, MA · On-site
$100 - $130/hr
... trading cost forecasts based on the signals to drive trading decisions. We maintain a friendly ... Our development team within Research is responsible for the tools, APIs, libraries and software ...
Work with cross-functional teams, including radiologists, medical professionals, and software engineers, to develop and test new algorithms and models. * Design and develop software tools and ...
Quick apply
Work with cross-functional teams, including radiologists, medical professionals, and software engineers, to develop and test new algorithms and models. * Design and develop software tools and ...
Junior Algorithmic Trading Software Developer information
See Boston, MA salary details
$26.1K - $37.3K
1% of jobs
$37.3K - $48.5K
2% of jobs
$48.5K - $59.7K
6% of jobs
$59.7K - $70.9K
14% of jobs
$71.5K is the 25th percentile. Wages below this are outliers.
$70.9K - $82.1K
34% of jobs
$90.9K is the 75th percentile. Wages above this are outliers.
$82.1K - $93.3K
23% of jobs
$93.3K - $104.5K
5% of jobs
$104.5K - $115.8K
6% of jobs
$115.8K - $127K
4% of jobs
$127K - $138.2K
3% of jobs
$138.2K - $149.4K
1% of jobs
$26.1K
$96.7K
$149.4K
How much do junior algorithmic trading software developer jobs pay per year?
What are some typical challenges faced by junior algorithmic trading software developers, and how can they overcome them?
What is the difference between Junior Algorithmic Trading Software Developer vs Quantitative Analyst?
| Aspect | Junior Algorithmic Trading Software Developer | Quantitative Analyst |
|---|---|---|
| Required Credentials | Bachelor's in Computer Science, Software Engineering, or related field; programming skills in Python, C++, or Java | Bachelor's or Master's in Finance, Mathematics, or related field; strong statistical and analytical skills |
| Work Environment | Develops trading algorithms, tests software, collaborates with traders and developers | Analyzes market data, develops models, provides trading insights to traders |
| Industry Usage | Commonly employed in trading firms, hedge funds, and financial institutions | Used across investment banks, hedge funds, and asset management firms |
While both roles work within the finance industry and require analytical skills, the Junior Algorithmic Trading Software Developer focuses on building and maintaining trading software, whereas the Quantitative Analyst emphasizes developing trading models and strategies. Both roles often collaborate but serve different functions within trading operations.
What are the key skills and qualifications needed to thrive as a junior algorithmic trading software developer?
What does a junior algorithmic trading software developer do?

Electronic Trading Strategist, Agency Lending, Assistant Vice President
Boston, MA • On-site
$135K/yr
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 5 days ago
Job description
Agency Lending Electronic Trading connects one of the industry's largest pools of institutional lending supply with borrower demand. We enable low-touch trading across venues and bilateral channels, develop quantitative models to price and manage our book, and design user-facing platforms for controlling automated strategies. This work directly supports State Street's purpose of creating better outcomes for the world's investors and the people they serve.
Our vision is to be the world's most connected, seamless, and intelligent lender, shaping the future of securities finance through technology-enabled trading and data-driven strategies that efficiently mobilize client assets. We also help modernize the industry by promoting standards, best practices, and emerging technologies through active participation in working groups and committees.
We are seeking an Assistant Vice President to join the team. The role may be based at our corporate headquarters in Boston, Massachusetts, or our London office, with an onsite requirement of four days per week.
Why This Role Is Important To Us:
You will join State Street Markets (SSM), our investment research and trading business. Institutional asset owners and managers rely on SSM for research, trading, securities lending, and innovative portfolio strategies. Our primary goal is to enhance and preserve client portfolio value by applying technology, optimizing trading, and connecting asset classes and markets worldwide.
Join us if you are ready to make an immediate impact in the capital markets industry.
What You Will Be Responsible For:
As a strategist on the Agency Lending Electronic Trading team, you will design and execute quantitative securities finance strategies that generate revenue for clients and the firm. Key responsibilities include:
- Develop algorithms and models to price and manage a global inventory of lendable securities, including equities, corporate bonds, and sovereign, supranational, and agency debt.
- Design robust automated trading solutions, including core systems and user interfaces for monitoring and control.
- Build analytics that inform manual and automated decisions throughout pre-trade, execution, and lifecycle management.
- Apply programming and quantitative skills to evaluate the effectiveness and efficiency of electronic trading activity.
- Lead the development of reusable tools for quantitative research and strategy creation.
- Integrate the lending program with new electronic trading venues while expanding capabilities on existing venues and proprietary access channels.
- Manage daily desk operations, including system monitoring, production diagnostics, pricing and inventory management configuration, new electronic relationship setup, and support for voice traders and external counterparties.
- Collaborate with the Research division to translate academic theory into practical trading solutions.
- Serve as Product Owner for electronic trading, partnering with Global Technology Services to deliver new strategies, market integrations, and automated trading system features.
- Build deep expertise in global securities finance-including securities lending, repurchase agreements, and swaps-with emphasis on market structure, technology providers, regulation, trading, and financial resource management.
- Partner with Agency Lending Voice Trading to align voice and electronic trading activities.
- Uphold State Street policies, standards, and guidelines for Model Risk Management, Algorithmic Trading, and End-User Developed Tools (EUDTs), demonstrating Risk Excellence in all activities.
Education and Preferred Qualifications:
- Bachelor's degree in Computer Science, Engineering, Mathematics, Statistics, Finance, Economics, or a related field.
- Proficiency in a scripting language such as Python; experience with a production language such as Java or C++ is preferred.
- Experience trading securities finance products, including securities lending, repo, or swaps is preferred.
- Strong interest in the intersection of financial markets and technology.
- Knowledge of object-oriented programming and sound software design principles is preferred.
Salary Range:
$135,000 - $135,000 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
About State Street
Sourced by ZipRecruiter
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Boston, MA, US
Year founded
1792