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

State Street; Boston (MA); On-site; USD 140,000 - 220,000; Full time

Benefits offered by this job

401K with company match

Comprehensive health insurance

Paid time off and disability coverages

Employee assistance program

Job summary

State Street is seeking an experienced front office quant developer to collaborate with business and technology teams on cutting‑edge valuation models. The role emphasizes modern C++ (C++20/23), Java 17+, and Python, with exposure to time‑series databases and a range of financial products.

You will work in a domain focused on Fixed Income, Rates Derivatives and Algorithmic Trading, employing Monte Carlo, finite difference methods, and hull‑white style calibration techniques to drive pricing

Qualifications

• Experience building valuation models and front office quant systems.
• Strong knowledge of C++, Java, Python and time-series data.
• Background in fixed income, rates derivatives, and algorithmic trading.

Responsibilities

• Collaborate with business and technology teams to develop state‑of‑the‑art valuation models.
• Apply stochastic calculus, Monte Carlo simulations, and finite difference methods.
• Maintain and optimize multi‑threaded C++ and core Java components.

Skills

C++

Java

Python

Multithreading

Education

MSFE

CS & Math BS

Tools

kdb+/q

SQL

Linux

Boost

QuantLib

CUDA/OpenCL

Git

Jira

CI/CD

Job description

StateStreet 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
• 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

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)
• Inflation‑linked products

Quantitative Concepts

• Stochastic Calculus
• Monte Carlo Simulations
• Finite Difference Methods
• Yield Curve Bootstrapping
• Libor Market Model (LMM)
• Hull‑White model calibration

Infrastructure & Tools

• Linux environment
• kdb+/q time-series database
• Distributed grid computing
• Git
• Jira
• CI/CD pipelines

Education & Certifications

• Master of Science in Financial Engineering (MSFE)
• Bachelor of Science in Computer Science & Mathematics

Salary Range

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.

Benefits

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.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work‑life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

Equal Opportunity Employer

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers. Read our CEO Statement.

Job Application Disclosure

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Job ID: R-793619