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Junior Quant Developer Jobs in New York (NOW HIRING)

About the Role We are looking for a Junior Quantitative Developer to join our Quantitative Research ... Support the West Power and Carbon trading desks by working closely with quant researchers to ...

About the Role We are looking for a Junior Quantitative Developer to join our Quantitative Research ... Support the West Power and Carbon trading desks by working closely with quant researchers to ...

Cubist's data services group is looking for a junior Quantitative Software Developer to join our dedicated team. Our group is responsible for the timely delivery of comprehensive and error-free data ...

Cubist's data services group is looking for a junior Quantitative Software Developer to join our dedicated team. Our group is responsible for the timely delivery of comprehensive and error-free data ...

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Junior Quant Developer information

See New York salary details

$66.7K

$116.9K

$176.1K

How much do junior quant developer jobs pay per year?

As of Aug 8, 2026, the average yearly pay for junior quant developer in New York is $116,870.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,600.00 and $116,500.00 per year, depending on experience, location, and employer.

What is a junior quant developer?

A Junior Quant Developer is an entry-level role that combines software development with quantitative analysis in the finance industry. They assist in building and maintaining financial models, trading algorithms, and risk management tools. Typically, they work with programming languages like Python, C++, or Java and utilize mathematical and statistical techniques. Their responsibilities often involve data analysis, backtesting strategies, and optimizing trading systems. This role serves as a stepping stone toward becoming a full-fledged Quant Developer or Quantitative Analyst.

What are the key skills and qualifications needed to thrive as a junior quant developer?

To thrive as a Junior Quant Developer, you need strong programming skills (usually in Python, C++, or Java), foundational knowledge in mathematics and statistics, and a relevant degree in fields like computer science, mathematics, or engineering. Familiarity with quantitative libraries, financial modeling tools, and version control systems such as Git is often expected. Analytical thinking, teamwork, and effective communication are important soft skills for collaborating with senior developers and traders. These skills are essential for building robust quantitative models, contributing to complex projects, and growing within a fast-paced financial technology environment.

What does a junior quant developer do?

As a Junior Quant Developer, you can expect to assist with developing, testing, and optimizing quantitative models used for trading or risk assessment. Your day-to-day tasks may involve coding algorithms, analyzing large datasets, backtesting strategies, and debugging model performance, all under the guidance of more experienced team members. You’ll also have opportunities to work closely with traders, data scientists, and senior quants, contributing to both research initiatives and real-time trading systems. This collaborative environment provides excellent learning opportunities and valuable exposure to different aspects of quantitative finance, helping you build expertise for career growth.

What are the most commonly searched types of Quant Developer jobs in New York? The most popular types of Quant Developer jobs in New York are:
What job categories do people searching Junior Quant Developer jobs in New York look for? The top searched job categories for Junior Quant Developer jobs in New York are:
What cities in New York are hiring for Junior Quant Developer jobs? Cities in New York with the most Junior Quant Developer job openings:
Infographic showing various Junior Quant Developer job openings in New York as of August 2026, with employment types broken down into 75% Full Time, and 25% Contract. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $116,870 per year, or $56.2 per hour.

Junior Quant Programmer- Structured Credit

The Caldwell Group

Manhattan, NY • On-site

Other

Re-posted 9 days ago


Job description

Junior Quant Programmer for Structured Credit Hedge Fund

Mid-sized structured credit fund seeks experienced quant programmer self-starter to help build and develop trading and operations/finance tools across a variety of product areas.  Strong programming skills required and knowledge of operating systems and database desirable, paired with experience working with financial products, and ability to work well in a fluid and collegial organization. 

Responsibilities:

  • Join existing quant team to develop tools to analyze and identify relative value in a variety of structured credit instruments.  The position entails a high level of interactions with the experienced and quantitatively-oriented trading team, risk manager, and the rest of the quant team.  Additional responsibilities include working with external IT firms to maintain and improve our overall IT infrastructure that includes networking, file and database replication.

Skills required:

  • Programming: Python, VBA, SQL.  Good programming practice, database desi
  • Degree: A bachelor''s degree in quantitative fields such as CS, engineering, physics, and math
  • Market:  Good familiarity with financial concepts -- yield curves, fixed income instruments, corporate bonds and loans, P&L, risk analysis 
  • Other: Good oral and written communication skills required