Lead Quantitative Software Engineer / Front-Office Quant Developer, VP

About the role

StateStreet is looking to hire an experienced front office quant developer to work closely with business and technology teams to build state-of-the-art valuation models. The role requires experience in working with diverse technologies such as C++, Java, Python, and a wide range of financial products.

Responsibilities

• Develop and maintain complex valuation models for fixed income, rates derivatives, and algorithmic trading
• Collaborate with business and technology teams to ensure models meet strategic and operational needs
• Implement and optimize algorithms using modern C++, Java, and Python
• Work with time series databases like kdb+/q and SQL
• Utilize infrastructure tools such as Linux, distributed grid computing, Git, Jira, and CI/CD pipelines
• Apply quantitative concepts such as stochastic calculus, Monte Carlo simulations, finite difference methods, yield curve bootstrapping, Libor Market Model (LMM), and Hull-White model calibration

Requirements

• Master of Science in Financial Engineering (MSFE) or equivalent
• Bachelor of Science in Computer Science & Mathematics or related field
• Experience with C++, Java, and Python
• Knowledge of financial products including interest rate swaps, basis swaps, swaptions, exotic options, forward rate agreements, and inflation-linked products
• Understanding of quantitative concepts such as stochastic calculus, Monte Carlo simulations, finite difference methods, yield curve bootstrapping, Libor Market Model (LMM), and Hull-White model calibration
• Experience with ancillary technologies such as time series databases, Linux, Boost, QuantLib, Nvidia CUDA, and/or OpenCL

Qualifications

• Strong analytical and problem-solving skills
• Excellent communication and collaboration abilities
• Ability to work independently and as part of a team
• Passion for quantitative finance and technology

Skills

• C++ (C++20/23)
• Java (17+ / Core & Functional)
• Python
• Time series databases (kdb+/q)
• SQL
• Linux
• Boost
• QuantLib
• Nvidia CUDA and/or OpenCL

Benefits

• Retirement savings plan (401K) with company match
• Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
• Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
• Access to Employee Assistance Program
• Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
• Eligibility for certain tax advantaged savings plans

Pay

The salary range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Schedule

Flexible work schedule to accommodate global operations and client needs.