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Junior Quantitative Developer Jobs (NOW HIRING)

About the Role We are looking for a Junior Quantitative Developer to join our Quantitative Research & Development team, supporting our West Power Trading and Carbon desks. This role will be based in ...

Junior Quantitative Developer

New York, NY · On-site

$150K - $180K/yr

About the Role We are looking for a Junior Quantitative Developer to join our Quantitative Research & Development team, supporting our West Power Trading and Carbon desks. This role will be based in ...

Intermediate programming skills in Python * The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve ...

Intermediate programming skills in Python * The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve ...

The ideal candidate is a motivated junior quant researcher/developer with knowledge and interest at the intersection of financial markets, machine learning, and data engineering. * Key ...

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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How much do junior quantitative developer jobs pay per year?

As of Jul 31, 2026, the average yearly pay for junior quantitative developer in the United States is $88,976.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What is a Junior Quantitative Developer job?

A Junior Quantitative Developer is responsible for developing, implementing, and maintaining quantitative models and tools used in trading, risk management, or financial analysis. They work closely with quantitative analysts and traders to optimize algorithms, improve performance, and ensure data accuracy. This role typically requires strong programming skills in languages like Python, C++, or Java, along with a solid understanding of mathematics, statistics, and financial markets. Junior Quantitative Developers often contribute to backtesting trading strategies, optimizing execution algorithms, and improving financial models. The position serves as a foundational step for a career in quantitative finance, providing hands-on experience in both development and financial modeling.

What are typical daily responsibilities for a Junior Quantitative Developer?

As a Junior Quantitative Developer, your daily tasks often include writing and optimizing code to implement quantitative models, analyzing large datasets, and performing model validation or back-testing. You’ll also collaborate closely with senior quants, traders, and software engineers to refine strategies or troubleshoot issues as they arise. Additionally, you may maintain documentation, participate in code reviews, and stay updated with the latest development practices and financial concepts. This role offers a dynamic experience that builds both your technical programming skills and your understanding of financial markets.

What are the key skills and qualifications needed to thrive in the Junior Quantitative Developer position, and why are they important?

To thrive as a Junior Quantitative Developer, you need a solid background in mathematics, statistics, and programming—often supported by a relevant degree in fields like computer science, engineering, or quantitative finance. Familiarity with programming languages such as Python, C++, or R, as well as experience using version control systems and exposure to financial data platforms, is highly valuable. Attention to detail, strong analytical thinking, and effective collaboration skills help you excel in dynamic, team-based environments. These capabilities are essential for developing and maintaining quantitative models that support data-driven decision-making in finance or related sectors.

More about Junior Quantitative Developer jobs
What cities are hiring for Junior Quantitative Developer jobs? Cities with the most Junior Quantitative Developer job openings:
What are the most commonly searched types of Quantitative Developer jobs? The most popular types of Quantitative Developer jobs are:
What states have the most Junior Quantitative Developer jobs? States with the most job openings for Junior Quantitative Developer jobs include:
Infographic showing various Junior Quantitative Developer job openings in the United States as of July 2026, with employment types broken down into 83% Full Time, 3% Part Time, 1% Temporary, and 13% Contract. Highlights an 80% Physical, 5% Hybrid, and 15% Remote job distribution, with an average salary of $88,976 per year, or $42.8 per hour.

Junior Quantitative Developer

Engelhart

New York, NY

$150K - $180K/yr

Other

Medical, Dental, Vision, Life, Retirement

Posted 10 days ago


Job description

About the Role 

We are looking for a Junior Quantitative Developer to join our Quantitative Research & Development team, supporting our West Power Trading and Carbon desks. This role will be based in our New York City office with an expectation to work on-site 4-days per week. Reporting to the Lead Quantitative Developer in Stamford, CT, you will work closely with traders, analysts, and fellow quants to develop and maintain the quantitative tools, analytics, and models that support commercial decision-making across North American power and environmental markets. 

This is an excellent opportunity for an early-career quantitative developer who enjoys solving complex problems at the intersection of software engineering, mathematics, and commodity markets. You will gain exposure to one of the most dynamic areas of energy trading while contributing directly to trading strategies, pricing, risk management, and market analysis. 

This will be a full-time role, owning the following responsibilities: 

  • Support the West Power and Carbon trading desks by working closely with quant researchers to productionize, optimize and support ML-based models relied upon by traders and analysts.  
  • Enhance and maintain cloud-based infrastructure utilized by quant researchers and analysts to prototype and test new quant models. 
  • Contribute to the automation of trading and operational processes to improve efficiency and reliability. 
  • Monitor and troubleshoot production systems and respond to issues impacting trading activities. 
  • Work closely with colleagues across New York, Stamford and Houston within a collaborative, fast-paced trading environment. 
About You 

You are a curious and analytical problem solver with a strong technical foundation and an interest in commodity markets. You enjoy working collaboratively, are eager to learn from experienced market participants, and thrive in an environment where technology has a direct commercial impact. 

The following education, experiences and skills are essential for application: 

  • A bachelor's degree in a STEM subject, or a related quantitative field from a premier academic institution. 
  • Two to four years of hands-on experience. 
  • Strong practical skills with Python (e.g. pandas/numpy/plotly/Jupyter). 
  • Solid understanding of algorithms, data structures, and software engineering best practices. 
  • Proficient with object-oriented design and programming. 
  • Knowledge of probability, statistics, linear algebra, and numerical methods. 
  • Experience building analytics dashboards using frameworks like Dash. 
  • Experience working with SQL and large datasets. 
  • Strong analytical and problem-solving skills with excellent attention to detail. 
  • Effective communication skills and the ability to work with both technical and commercial stakeholders. 
  • A proactive mindset with a willingness to take ownership and continuously improve processes. 

In addition, the following experiences are not required, but highly desirable for this role:  

  • A bachelor's, master's, or Ph.D. in Computer Science/Math/Statistics/Physics from a premier academic institution. 
  • Comfortable with cloud platforms, preferably AWS, and experience with developing cloud-native microservices, stateless architecture, data object stores, containers, event-based triggers, queues, stream processing, etc. 
  • Familiarity with time series analysis, forecasting techniques, or optimisation methods. 
  • Experience building AI agentic workflows to retrieve/process data. 
  • Exposure to energy, commodities, or financial markets. 
  • Understanding of power markets, emissions markets, or energy systems. 
What we offer 
  • An annual base salary of $150,000 to $180,000 USD and a discretionary annual bonus, based on performance.  
  • 20 days of annual holiday entitlement, excluding US public holidays (NYSE). 
  • Robust benefits package such as Medical, Dental, Vision, Life insurance, 401(k) match, and supplemental benefits partially subsidized by the Company.  
  • Eligibility to receive external and internal training in accordance with our Training & Development Policy.Â