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Quant Engineer Jobs in Somerville, MA (NOW HIRING)

Quantitative Analyst

Boston, MA ยท On-site

$100K - $200K/yr

The Team SAI's quantitative research analysts work either directly on an asset class or product ... Our projects typically lie at the intersection of investment management, portfolio engineering ...

Quantitative Analyst

Boston, MA ยท On-site

$100K - $200K/yr

The Team SAI's quantitative research analysts work either directly on an asset class or product ... Our projects typically lie at the intersection of investment management, portfolio engineering ...

Trading, Risk, QIS, Financial Engineering, Strats / Quants, Portfolio Management, Electronic ... Systematic Trading * Experience analyzing or managing complex risk * Linux, SQL / Oracle, KDB ...

New

The Quantitative Research Associates work with analysts and portfolio managers through the ... Finance, Economics, Mathematics, Engineering, or other quantitatively oriented discipline) or ...

Showing results 41-60

Quant Engineer information

See Somerville, MA salary details

$41.5K

$98.8K

$164.2K

How much do quant engineer jobs pay per year?

As of Sep 6, 2026, the average yearly pay for quant engineer in Somerville, MA is $98,803.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,000.00 and $109,100.00 per year, depending on experience, location, and employer.

What is a quant engineer?

Quant Engineers, or quantitative engineers, are professionals who apply mathematical models, statistical techniques, and computer programming to solve complex problems in finance and related industries. They often work on designing trading algorithms, risk management tools, and pricing models for financial instruments. Quant Engineers typically have strong backgrounds in mathematics, computer science, and finance, and are skilled in programming languages such as Python, C++, or R. Their work helps financial firms make data-driven decisions and optimize strategies in highly competitive markets.

How do quant engineers typically collaborate with traders and other team members to develop and implement trading strategies?

Quant Engineers work closely with traders, researchers, and software developers to design, test, and refine quantitative trading models. They often translate mathematical models into efficient code, analyze large datasets, and ensure strategies are both robust and scalable for real-time trading environments. Frequent communication is key, as Quant Engineers must gather requirements from traders, iteratively backtest ideas, and adapt models based on feedback and market changes. This collaborative process helps ensure strategies are both scientifically sound and practically viable for deployment.

What are the key skills and qualifications needed to thrive as a quant engineer, and why are they important?

To thrive as a Quant Engineer, you need strong quantitative and programming skills, typically supported by a degree in mathematics, physics, computer science, or a related field. Proficiency in programming languages such as Python, C++, or Java, as well as familiarity with statistical analysis tools and financial modeling systems, is essential. Analytical thinking, problem-solving abilities, and effective communication distinguish top performers in this role. These skills enable Quant Engineers to develop robust models and algorithms that drive accurate trading strategies and risk management in fast-paced financial environments.

What is the difference between Quant Engineer vs Quant Analyst?

AspectQuant EngineerQuant Analyst
Required CredentialsDegree in Math, Finance, or Computer Science; often requires programming skillsDegree in Finance, Economics, or Math; less emphasis on programming
Work EnvironmentDevelops models, algorithms, and software tools for trading and risk managementAnalyzes data, interprets models, and provides insights for trading strategies
Employer & Industry UsageFinancial firms, hedge funds, investment banksFinancial firms, asset management, hedge funds

While both roles involve quantitative analysis, Quant Engineers focus on building and implementing models and software, whereas Quant Analysts primarily analyze data and interpret models to inform trading decisions. The roles often overlap but differ in technical depth and responsibilities.

What are popular job titles related to Quant Engineer jobs in Somerville, MA?

For Quant Engineer jobs in Somerville, MA, the most frequently searched job titles are:

What job categories do people searching Quant Engineer jobs in Somerville, MA look for?

The top searched job categories for Quant Engineer jobs in Somerville, MA are:

What cities near Somerville, MA are hiring for Quant Engineer jobs?

Cities near Somerville, MA with the most Quant Engineer job openings:

Senior Software Engineer (Python/Azure) | Next-gen Quant Research Platform | Elite Boston Hedge Fund

Delmar Nord

Boston, MA โ€ข On-site

$200K - $250K/yr

Full-time

Medical, Vision, Retirement

Posted 18 days ago


Job description

Senior Software Engineer (Python/Azure) | Next-gen Quant Research Platform | Elite Boston Hedge FundSenior Software Engineer (Python/Azure) | Next-gen Quant Research Platform | Elite Boston Hedge Fund

1 week ago Be among the first 25 applicants

This range is provided by Delmar Nord. Your actual pay will be based on your skills and experience โ€” talk with your recruiter to learn more.

Base pay range

$200,000.00/yr - $250,000.00/yr

Direct message the job poster from Delmar Nord

Senior Software Engineer (Python/Azure) | Next-gen Quant Research Platform | Elite Boston Hedge Fund

One of Bostonโ€™s most prestigious quantitative investment firms has an exciting opportunity to join their engineering group as they build out a next-gen quantitative research and analytics platform. This firm is known for their outstanding culture, quality of life, learning opportunities, and retention. This opportunity has opened up because an engineer on this team was promoted, and moved internally to a quantitative development team. This role will join a team that provides investment data, data engineering & science, quant & application development, operations and support across the entire investment process (main focus on working with equity, fixed income, and asset allocation teams). This team is built around an open culture of sharing and learning new technologies, problem solving, and comradery.

Position Overview

This is an opportunity to design and build next-gen research and portfolio management systems. This role will develop calculation-intensive custom software solutions for quantitative research analysis and portfolio analytics/implementation solutions. Youโ€™ll solve problems and build solutions across fundamental, market & alternative data, data warehousing on-premises & in the cloud, data quality, portfolio construction & optimization, investment analytics and more.

Responsibilities:

  • Develop and maintain Python-based backend services for investment management applications. Build RESTful APIs and data pipelines
  • Create new system components and enhance existing components, with a focus on TDD and SOLID principles.
  • Collaborate closely with quant researchers, portfolio managers, and analysts to unify technology needs across asset classes, gather requirements, solicit feedback, and iterate on solutions

Skills:

  • 3-7 years of experience building data intensive or calculation heavy services or applications in Python
  • Experience with relational databases
  • Experience building data pipelines and analytics solutions
  • Exposure to C#/.NET is a nice-to-have (won't be an active focus for this role)
  • Industry leading compensation and benefits
  • Hybrid flexibility in Boston office
  • Chance to join a high-visibility and impact engineering team building the most business-critical investment technology solutions
Seniority level
  • Seniority levelMid-Senior level
Employment type
  • Employment typeFull-time
Job function
  • Job functionInformation Technology and Engineering
  • IndustriesInvestment Management, Financial Services, and Software Development

Referrals increase your chances of interviewing at Delmar Nord by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid paternity leave

Tuition assistance

Student loan assistance

Child care support

Pension plan

Disability insurance

Paid maternity leave

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