Who we are looking for
State Street is looking to hire 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 as well a wide range of financial products.
Domain Focus: Fixed Income, Rates Derivatives, and Algorithmic Trading
Primary Languages: Modern C++ (C++20/23), Java (17+ / Core & Functional)
Ancillary Technologies: Python, time series databases such as kdb+/q, SQL, Linux, Boost, QuantLib, Nvidia CUDA and / or OpenCL
What you will be responsible for
As a Front-Office Quant Developer you will:
Work with the business quant team to implement various features and functionality related to xva calculations. Develop test cases and test harness to validate the implementation. Perform back testing of algorithms. Work with infrastructure teams to setup the application compute environment. Deploy and maintain the runtime infrastructure and respond to any issues and user queries.
What we value
These skills will help you succeed in this role
Programming & Architecture:Multithreaded C++ (Templates, STL, Boost), Core Java (Concurrency, Garbage Collection tuning), Python (NumPy/Pandas).
Financial Products: Interest Rate Swaps (IRS), Basis Swaps, Swaptions, Exotic Options, Forward Rate Agreements (FRAs), and Inflation-linked products.
Quantitative Concepts: Stochastic Calculus, Monte Carlo Simulations, Finite Difference Methods, Yield Curve Bootstrapping, Libor Market Model (LMM), and Hull-White model calibration.
Infrastructure & Tools: Linux environment, kdb+/q time-series database, distributed grid computing, Git, Jira, CI/CD pipelines.
Education & Preferred Qualifications
Master of Science in Financial Engineering (MSFE)
OR
Bachelor of Science in Computer Science & Mathematics
At least 15 years of experience.
Hands on knowledge of CUDA programming is essential.
Salary Range:
$120,000 - $217,500 Annual
The 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.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our 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 our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
