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Junior Quant Developer Jobs (NOW HIRING)

Flow Traders is looking for a Junior Quantitative Researcher to join the quantitative trading team ... Proficiency in implementing models and algorithms in programming languages such as Python or C+

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 ...

Flow Traders is looking for a Junior Quantitative Researcher to join the quantitative trading team ... Proficiency in implementing models and algorithms in programming languages such as Python or C+

Mentor and train Junior Quantitative Researchers in statistical and modeling techniques, financial markets, and idioms of the OCaml programming language; and * Liaise with Traders regarding trading ...

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Junior Quant Developer information

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How much do junior quant developer jobs pay per year?

As of Sep 9, 2026, the average yearly pay for junior quant developer in the United States is $106,825.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,500.00 and $106,500.00 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 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 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.

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Infographic showing various Junior Quant Developer job openings in the United States as of September 2026, with employment types broken down into 85% Full Time, 3% Part Time, and 12% Contract. Highlights an 79% Physical, 4% Hybrid, and 17% Remote job distribution, with an average salary of $106,825 per year, or $51.4 per hour.

Junior Quantitative Trader (Asian Market Hours)

Chicago, IL • On-site

Old Mission
1 - 10 employees

$125K - $150K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 23 days ago


Job description

About The Position

Old Mission Capital, a quantitative proprietary trading firm, is currently recruiting a Junior Quantitative Trader (Asian Market hours) to join our Chicago office. Our traders work in teams to seek out and profitably trade mispriced securities. The junior trader needs to be driven and have a passion for understanding how things work. The job responsibilities will include disciplined decision making, risk management, derivative pricing, and researching new opportunities for profitable businesses. Passion for trading is critical! Besides meeting the qualifications the most successful candidates will have a strong desire to understand how things work. You should have a deep interest in the financial markets and want to join a collaborative team. We value each other's ideas and have the mindset to continuously improve and build towards the future.

Responsibilities 

  • Monitor systems and manage all trading activity between Sunday - Thursday from 4:00 pm - 3:00 am CST.
  • Oversee and manage the trade execution and risk of complex trading portfolios across the firm.
  • Implement trading strategies that leverage technology to efficiently execute trades at minimum transactional costs.
  • Research potential trading opportunities.

Required Skills 

  • A degree in a quantitative field such as computer science, engineering, or one of the hard sciences.
  • Proficiency with at least one of the following languages: Python, C++, JAVA, VBA, R, Matlab or Ruby
  • 2+ years of relevant trading experience.
  • Experienced with automated trading systems.
  • Proven trustworthiness and performance under the highest ethical standards.
  • Great attention to detail.
  • Ability to solve problems in a high-pressure environment.
  • Superior written and verbal communication skills.
  • Must be self-motivated, dependable, responsible and results driven.
  • Maintain integrity at all times.
  • A desire to work Asian market hours. Work hours will include US holidays if the international markets are open.
  • A strong work ethic and ability to adapt quickly in a fast-paced environment.

Benefits and Perks

  • Fully paid Medical, Dental, Vision, Disability, and Life Insurance
  • Fully stocked kitchen; free breakfast and lunch every day on-site
  • Tuition Reimbursement Program
  • 401(k) with employer match
  • Paid Vacation, Sick, and Parental leaves
  • Commuter and Flexible Spending Programs

Base Salary Range 

$125,000 - $150,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees. For more information, reach out to your recruiter.