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Quant Developer Remote Jobs in Cleveland, OH (NOW HIRING)

Monday - Friday 8am - 5pm (Onsite 4 days a week) (Possible remote for the right candidate) Position ... related quantitative field. * PhD preferred in Engineering, Operations Research, Statistics ...

Monday - Friday 8am - 5pm (Onsite 4 days a week) (Possible remote for the right candidate) Position ... related quantitative field. * PhD preferred in Engineering, Operations Research, Statistics ...

Bachelor's degree (BA/BS) in engineering, construction management, sciences, IT, or related field a ... Requires analytical and quantitative skills with proven experience in developing strategic ...

Quant Developer Remote information

What are some typical challenges Quant Developers face when working remotely, and how can they overcome them?

Quant Developers working remotely often encounter challenges such as coordinating with globally distributed teams, maintaining effective communication with traders and researchers, and ensuring secure access to sensitive financial data. Overcoming these challenges involves leveraging collaboration tools, establishing clear communication protocols, and adhering to robust cybersecurity practices. Regular virtual meetings and comprehensive documentation also help maintain alignment and workflow efficiency within the remote quant team.

What are the key skills and qualifications needed to thrive as a Quant Developer in a remote setting, and why are they important?

To thrive as a Quant Developer remotely, you need strong quantitative analysis, programming expertise (especially in Python, C++, or Java), and a background in mathematics, statistics, or finance, often supported by an advanced degree. Familiarity with financial modeling tools, version control systems like Git, and cloud-based collaboration platforms is essential. Exceptional problem-solving skills, self-motivation, and effective communication are key soft skills for excelling in a distributed team environment. These abilities enable accurate model development, seamless remote collaboration, and timely delivery of complex financial solutions.

What is the difference between Quant Developer Remote vs Quant Analyst Remote?

AspectQuant Developer RemoteQuant Analyst Remote
Required CredentialsDegree in Math, Finance, or Computer Science; programming skills (Python, C++, SQL)Degree in Finance, Economics, or Math; strong analytical skills; some programming knowledge
Work EnvironmentCollaborates with developers and traders; coding-focusedAnalyzes data and market trends; supports trading strategies
Employer & Industry UsageFinancial firms, hedge funds, asset managersFinancial institutions, hedge funds, investment firms
Common Search & ComparisonOften compared for technical roles in quant teamsRelated but more analysis-focused

While both roles operate within the finance industry and require quantitative skills, Quant Developer Remote primarily focuses on coding and developing trading algorithms, whereas Quant Analyst Remote emphasizes data analysis and strategy support. Understanding these differences helps candidates target their job search effectively.

What are Quant Developers?

Quant Developers, or quantitative developers, are specialized software engineers who design, build, and maintain complex financial models, trading algorithms, and analytical tools for financial institutions. They work closely with quantitative analysts (quants) to implement mathematical models into code, often using programming languages like Python, C++, or Java. When working remotely, Quant Developers collaborate with teams via digital communication tools and are responsible for ensuring code quality and optimizing performance to support trading and risk management strategies.
What are popular job titles related to Quant Developer Remote jobs in Cleveland, OH? For Quant Developer Remote jobs in Cleveland, OH, the most frequently searched job titles are:
What job categories do people searching Quant Developer Remote jobs in Cleveland, OH look for? The top searched job categories for Quant Developer Remote jobs in Cleveland, OH are:
What cities near Cleveland, OH are hiring for Quant Developer Remote jobs? Cities near Cleveland, OH with the most Quant Developer Remote job openings:
Staff Data Scientist

Staff Data Scientist

Penske

Beachwood, OH • On-site, Remote

Full-time

Re-posted 16 days ago


Job description

Staff Data Scientist

Location: Beachwood, OH 

Shift: Monday - Friday 8am - 5pm (Onsite 4 days a week) (Possible remote for the right candidate)

Position Summary: 

The Staff Data Scientist will be a key role in the Data Science and Analytics team tasked with providing technical leadership for the establishment of enterprise wide capabilities in data science, AI and predictive analytics. The Staff Data Scientist will typically work on 3-5 large projects concurrently that have organization-wide impact.In addition to these projects, the Staff Data Scientist will provide technical consultation, advice and training on all major on-going Data Science and Analytics projects. When required, the Staff Data Scientist will also act as a project manager where vendors, suppliers and consultants are engaged on key strategic and emerging technology initiatives. 

 
Major Responsibilities: 

Identifying High Value Analytics & AI Opportunities 

  • Partner with business leaders to identify opportunities where predictive analytics, machine learning, or generative AI can improve productivity, reduce cost, or unlock new capabilities. 
  • Develop clear business cases and ROI models to prioritize initiatives and communicate value to senior leadership. 

Lead Data Science Projects 

  • Translate complex business requirements into robust, scalable technical solutions. 
  • Select and implement appropriate modeling techniques, including classical ML, deep learning, generative AI, and reinforcement learning where applicable. 
  • Oversee the full model lifecycle: data exploration, feature engineering, model development, evaluation, deployment, monitoring, and continuous improvement. 
  • Ensure solutions are production ready, maintainable, and aligned with MLOps best practices. 
  • Drive organization wide adoption of models and AI systems through clear communication, documentation, and stakeholder engagement. 

Technical Guidance & Thought Leadership 

  • Provide expert consultation on ML algorithms, model tuning, experimentation frameworks, and cloud native data engineering patterns. 
  • Mentor data scientists, ML engineers and AI engineers; support skill development in areas such as forecasting, ML modeling, generative AI, vector databases, and modern ETL/ELT workflows. 
  • Contribute to the development of internal standards, reusable components, and best practice guidelines. 

Project Management 

  • Develop and maintain project plans, milestones, and communication strategies for strategic initiatives. 
  • Facilitate regular updates with stakeholders, executives, and cross functional partners. 
  • Coordinate with vendors, consultants, and technology partners when external expertise is required 

Lead technology change in Data Science, Analytics and AI 

  • Evaluate emerging technologies including generative AI platforms, MLOps tools, cloud services, and data engineering frameworks to determine applicability and business value. 
  • Recommend and influence adoption of modern, flexible, and scalable technologies that support a unified enterprise data and AI platform. 
  • Drive experimentation and prototyping to accelerate innovation and reduce time to value. 

 
About Penske Truck Leasing/Transportation Solutions
Penske Truck Leasing/Transportation Solutions is a premier global transportation provider that delivers essential and innovative transportation, logistics and technology services to help companies and people move forward. With headquarters in Reading, PA, Penske and its associates are driven by a dedication to excellence and a commitment to customer success. Visit Go Penske to learn more.

Qualifications: 

  • Master's Degree required; preferred concentrations in Engineering, Operations Research, Statistics, Applied Math, Computer Science, Data Science or related quantitative field. 
  • PhD preferred in Engineering, Operations Research, Statistics, Applied Math, Computer Science, Data Science or related quantitative field. 
  • 7+ years of experience along with a PhD in a related field OR 10+ years of experience along with a Master's degree in a related field required. 
  • Advanced experience developing and deploying machine learning models using Python and modern ML frameworks (e.g., Scikitlearn, PyTorch, TensorFlow). 
  • Strong applied expertise across core ML techniques, including regression, tree based models, clustering, deep learning, and NLP. 
  • Familiarity with generative AI and LLMs, including prompt engineering, finetuning, embeddings, and vector databases. 
  • Solid understanding of MLOps practices, including CI/CD for ML, automated training pipelines, model versioning, monitoring, and model governance. 
  • Hands on experience with cloud based ML platforms (AWS, Azure, or GCP) and containerization/orchestration tools such as Docker and Kubernetes. 
  • Working knowledge of modern data ecosystems (Snowflake, Redshift) and the ability to collaborate effectively with data engineering teams when needed. 
  • Advanced skill in statistical modeling, SQL, and database concepts required. 
  • Demonstrated experience leading small technical teams or pods, providing mentorship and technical direction. 
  • Familiarity with Logistics industry is preferred. 
  •  Regular, predictable, full attendance is an essential function of the job 
  • Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required. 

Physical Requirements: 

-The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

-The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines. 

-While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg. 

-Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus. 

Penske is an Equal Opportunity Employer.