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Trading Strategy Developer Jobs in Boston, MA (NOW HIRING)

... engineered components for new applications Current platforms - Driving profitable growth with a ... and trading / transaction comps * Demonstrated proficiency with large datasets and advanced ...

... engineered components for new applications Current platforms - Driving profitable growth with a ... and trading / transaction comps * Demonstrated proficiency with large datasets and advanced ...

... engineered components for new applications Current platforms - Driving profitable growth with a ... and trading / transaction comps * Demonstrated proficiency with large datasets and advanced ...

... engineered components for new applications Current platforms - Driving profitable growth with a ... and trading / transaction comps * Demonstrated proficiency with large datasets and advanced ...

... strategy, design, software engineering and systems integration. Our tightly integrated offerings ... Primary Responsibilities Integration Establish FIX trading connections to and from the platform by ...

Senior Data Science Engineer

Boston, MA · On-site

$115K - $156K/yr

You'll partner with Quantitative Traders, Machine Learning Engineers, Product Managers, and cross-functional stakeholders to advance modeling and trading strategies, influence technical direction ...

Showing results 41-60

Trading Strategy Developer information

See Boston, MA salary details

$60.3K

$135.4K

$236.3K

How much do trading strategy developer jobs pay per year?

As of Aug 21, 2026, the average yearly pay for trading strategy developer in Boston, MA is $135,429.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,800.00 and $171,100.00 per year, depending on experience, location, and employer.

What does a trading strategy developer do?

A Trading Strategy Developer designs, tests, and implements algorithms or systems that facilitate automated trading in financial markets. They analyze market data, identify trading opportunities, and use programming languages to create models that can execute trades based on predefined rules. Their work involves backtesting strategies to ensure efficiency and robustness before deploying them in live markets, and they often collaborate with quantitative analysts and other finance professionals to optimize trading performance.

What are the key skills and qualifications needed to thrive as a trading strategy developer?

To thrive as a Trading Strategy Developer, you need a solid background in quantitative analysis, financial markets, and programming—often supported by a degree in math, finance, computer science, or engineering. Expertise with programming languages such as Python, C++, and platforms like MATLAB, as well as familiarity with trading systems and backtesting frameworks, is typically required. Strong problem-solving skills, attention to detail, and the ability to communicate complex ideas effectively set top performers apart. These abilities are crucial for designing robust, profitable strategies that perform reliably in dynamic and competitive trading environments.

What are some common challenges faced by trading strategy developers when implementing new algorithms in live markets?

Trading Strategy Developers often encounter challenges such as managing slippage, latency, and unexpected market conditions when deploying new algorithms. Backtested strategies may not always perform as expected in live environments due to differences in data quality, execution speed, and market microstructure. Close collaboration with quantitative researchers, software engineers, and risk managers is essential to monitor performance, make real-time adjustments, and ensure compliance with trading regulations. Addressing these challenges proactively is key to maintaining robust, profitable strategies.

What is the difference between Trading Strategy Developer vs Quantitative Analyst?

AspectTrading Strategy DeveloperQuantitative Analyst
CredentialsTypically requires degrees in finance, computer science, or mathematics; certifications like CFA or CQF are commonSimilar credentials; often holds advanced degrees in finance, mathematics, or statistics; CFA is also common
Work EnvironmentWorks in trading firms, hedge funds, or financial institutions focusing on developing and implementing trading algorithmsWorks in finance, investment banks, or asset management firms analyzing data to inform investment decisions
Primary FocusDesigning, testing, and optimizing trading strategies and algorithmsAnalyzing financial data, modeling markets, and developing quantitative models for investment strategies

While both roles require strong quantitative skills and similar educational backgrounds, Trading Strategy Developers focus on creating and deploying trading algorithms, whereas Quantitative Analysts primarily analyze data and develop models to support investment decisions. Their work environments often overlap, but their core responsibilities differ in application and focus.

What are popular job titles related to Trading Strategy Developer jobs in Boston, MA?

For Trading Strategy Developer jobs in Boston, MA, the most frequently searched job titles are:

What job categories do people searching Trading Strategy Developer jobs in Boston, MA look for?

The top searched job categories for Trading Strategy Developer jobs in Boston, MA are:

What cities near Boston, MA are hiring for Trading Strategy Developer jobs?

Cities near Boston, MA with the most Trading Strategy Developer job openings:

Head of Trading Analytics

MFS Investment Management

Boston, MA • On-site

Full-time

Medical, Dental, Retirement

Posted 28 days ago


Job description

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters - to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.
THE ROLE
The Head of Trading Analytics leads MFS's global, multi-asset trading execution analytics function. This role is responsible for advancing MFS's execution analytics capabilities, enhancing the best execution framework, and delivering quantitative insights that improve trading outcomes across asset classes. The individual will lead execution research, transaction cost analysis (TCA), market microstructure analysis, and analytics platform innovation while driving automation, scalability, and data-driven decision-making across the global trading organization. The role also includes leading a quantitative analytics team and partnering closely with Trading, Investments, Technology, Data, and external providers to optimize execution performance and analytics infrastructure globally.
WHAT YOU WILL DO
  • Lead MFS's global trading execution analytics strategy across asset classes, driving innovation, scalability, transparency, and continuous improvement in execution analysis and trading outcomes.
  • Expand and modernize the firm's execution analytics platform, including automation initiatives, advanced quantitative analysis capabilities, workflow optimization, and enhancement of execution analytics infrastructure and data accessibility. Partner with Technology and Data teams to improve the scalability, reliability, and efficiency of execution analytics systems, data architecture, and workflow processes
  • Lead global execution research, transaction cost analysis (TCA), and market microstructure analysis to evaluate execution quality, trading efficiency, and evolving market dynamics. Maintain awareness of evolving market structure developments, emerging technologies, and industry best practices to continuously enhance the firm's trading analytics capabilities.
  • Design, develop, and oversee quantitative trading analytics models, methodologies, and statistical frameworks used to assess execution performance and support data-driven trading decisions.
  • Support and enhance the firm's best execution governance framework, ensuring alignment with regulatory expectations, industry best practices, and internal standards.
  • Deliver regular and ad hoc execution reporting, analytics, dashboards, and visualization tools for Trading, Portfolio Management, senior leadership, fund boards, and clients.
  • Collaborate with portfolio managers, traders, brokers, technologists, and third-party providers to identify opportunities to improve execution outcomes and trading efficiency. Oversee relationships with external execution analytics, TCA, data, and technology vendors, including evaluation of new tools, technologies, and strategic partners.
  • Lead, mentor, and develop a high-performing team focused on quantitative trading analytics and execution research while fostering a culture of collaboration, innovation, and continuous improvement.

WHAT WE ARE LOOKING FOR
  • Master's degree or equivalent experience in Finance, Statistics, Data Science, Engineering, or a related quantitative discipline with 15+ years of experience in trading, transaction cost analysis, quantitative research, execution strategy, or related disciplines within institutional asset management or financial markets.
  • Demonstrated leadership experience managing and developing high-performing quantitative trading, analytics, or research teams with the ability to collaborate and influence stakeholders across Trading, Investments, Technology, Data, and Operations functions globally.
  • Extensive knowledge of global equities, fixed income, and multi-asset market structures, trading workflows, execution analytics, transaction cost analysis, execution strategy, and best execution frameworks.
  • Strong quantitative and analytical skillset with expertise in financial statistics, modeling, market microstructure, and large-scale trading data analysis, supported by advanced programming experience in Python, KDB/Q, or similar technologies working with high-volume structured and unstructured trading datasets.
  • Experience building, enhancing, or managing trading analytics platforms, data infrastructure, automation solutions, and integrations with third-party TCA systems, execution analytics providers, and external market data vendors.
  • Strong data visualization, reporting, communication, and presentation skills, with the ability to translate complex analytical findings into actionable business insights for both technical and non-technical audiences, including senior leadership and clients.
  • Strategic thinker with strong problem-solving skills and the ability to proactively identify innovation opportunities and scalable solutions.
  • Willingness to travel internationally, as needed.

Base Salary Range: $170,000
This position is eligible for competitive incentive bonus.
At MFS, we believe in fair and transparent compensation. For that reason, we're including the salary range for this position. This range reflects our good-faith expectation for what we'll pay depending on the candidate's experience, training and education. In addition to the salary, we also offer significant and competitive incentive compensation based on both individual and company performance. Other components of our Total Rewards Package include:
  • MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
  • Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
  • Education Assistance: Tuition reimbursement up to $8,000 annually
  • Education Assistance: Access to discounted tutors and college coaches
  • Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
  • Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
  • Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
  • Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps

Our compensation philosophy is to pay competitively for talent while ensuring equity across employees performing comparable work. We are committed to transparency - if you have questions about how we arrived at this range or what additional benefits and bonus opportunities come with the role, we'll be happy to discuss them
#LI-HYBRID
At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.
MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.
If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email talent_acquisition@mfs.com for assistance.
MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document, linked for your reference.