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Remote Algorithm Engineer Jobs in Downingtown, PA

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Remote Algorithm Engineer information

See Downingtown, PA salary details

$61.7K

$115.8K

$210.5K

How much do remote algorithm engineer jobs pay per year?

As of Jun 24, 2026, the average yearly pay for remote algorithm engineer in Downingtown, PA is $115,752.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,500.00 and $137,400.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Remote Algorithm Engineer, and why are they important?

To thrive as a Remote Algorithm Engineer, you need a strong background in computer science, mathematics, and algorithm design, often supported by a relevant degree. Proficiency in programming languages such as Python, C++, or Java, and experience with version control systems and cloud-based collaboration tools are typically required. Strong problem-solving abilities, self-motivation, and clear communication skills are essential for excelling in a remote environment. These skills ensure the engineer can develop efficient solutions, collaborate effectively with distributed teams, and deliver high-quality work independently.

What is a Remote Algorithm Engineer?

A Remote Algorithm Engineer is a professional who designs, develops, and optimizes algorithms for various applications, such as data analysis, machine learning, or software development, while working from a remote location. This role involves solving complex problems, collaborating with team members online, and implementing efficient solutions to improve system performance. Remote Algorithm Engineers often work in industries like technology, finance, healthcare, and more, utilizing programming languages and mathematical concepts to create effective algorithms.

What are some common challenges faced by Remote Algorithm Engineers, and how can they be addressed?

Remote Algorithm Engineers often face challenges such as effective communication with distributed teams, managing their own schedules, and ensuring seamless integration of their work with larger systems. To address these, it's important to leverage collaborative tools (like code repositories, project management platforms, and video conferencing), maintain clear and regular communication with colleagues, and participate in code reviews and design discussions. Establishing a structured routine and proactively seeking feedback can also help in staying aligned with project goals and team expectations.
What are popular job titles related to Remote Algorithm Engineer jobs in Downingtown, PA? For Remote Algorithm Engineer jobs in Downingtown, PA, the most frequently searched job titles are:
Remote Algorithm Engineer jobs near you
Quantitative Researcher - Portfolio Optimization - Remote

Quantitative Researcher - Portfolio Optimization - Remote

Stevens Capital Management LP

Radnor, PA • On-site, Remote

$150K - $300K/yr

Full-time

Medical, Dental, Retirement

Posted 27 days ago

Job description

SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to collaborate, contribute and grow professionally.
We are currently seeking a highly driven, well organized, and motivated candidate to join our team. SCM offers the opportunity to work in person, remotely or in a hybrid work environment.
Primary Responsibilities:
  • Design and implement multi-period portfolio optimization frameworks incorporating
    transaction costs, slippage, and other market frictions
  • Leverage MOSEK and other optimization solvers to build scalable and efficient models
  • Develop and refine intraday trading strategies and execution algorithms
  • Monitor and analyze model performance in a live trading environment

Requirements:
  • Strong quantitative background (PhD or Master's in Applied Math, Operations Research, Computer Science, or related field)
  • Proven experience with MOSEK or other optimization frameworks
  • Deep understanding of slippage, transaction cost modeling, and intraday trading
  • Familiarity with real-time data processing and execution systems
  • Programming skills in Python and/or C++
  • Experience integrating optimization routines in production trading systems

The base pay for this position is anticipated to be between $150,000 and $300,000 per year. The anticipated annual base pay range is current as of the time this job post was generated. This position is eligible for other forms of compensation and benefits, such as a bonus, health and dental plans and 401(k) contributions, which includes a discretionary profit sharing program. An employee's bonus and related compensation benefits can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.

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