Jobs Companies State Street Lead Quantitative Software Engineer / Front-Office Quant Developer, VP

About this Lead Quantitative Software Engineer / Front-Office Quant Developer, VP role at State Street

State Street · Onsite · Boston, Massachusetts
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
Why this role is important to us
You will be working with the Global Markets IT team that is focused on building out XVA application.
XVA calculations are critical for assessing counterparty specific risk and charges while trading with various counterparties. State Street plans to develop an inhouse solution from ground up.
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.

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.

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.

Ready to apply to State Street?
Apply to State Street

How this Software Engineer salary compares

This role pays $168,750/yrin line with the typical range for Software Engineer roles.

$128,300 median $193,000 $256,000

Typical range $160,000–$222,000/yr, from 96 comparable Software Engineer listings on JobsRadar (pay annualized to USD). See Software Engineer salary insights →

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. As an Equal Opportunity Employer, we consider all

See all jobs at State Street →

Similar jobs

Roku
Staff Software Engineer, Demand Bidder, Ad Serving Platform
Roku
⚡ Apply early Boston, Massachusetts Onsite $195,500–$352,100
● New 👁 Seen ✓ Applied 8h ago
Anduril Industries
Senior Software Engineer, AI Platform
Anduril Industries
⚡ Apply early Boston, Massachusetts, United... Onsite $191,000–$253,000
● New 👁 Seen ✓ Applied 1d ago
Anduril Industries
Senior Software Engineer, Discovery
Anduril Industries
⚡ Apply early Boston, Massachusetts, United... Onsite $191,000–$253,000
● New 👁 Seen ✓ Applied 1d ago
Anduril Industries
Staff Software Engineer, Quality Integration
Anduril Industries
⚡ Apply early Boston, Massachusetts, United... Onsite $220,000–$292,000
● New 👁 Seen ✓ Applied 1d ago
Varjo
Senior Software Engineer, Unreal Engine and C++
Varjo
⚡ Apply early Helsinki, Uusimaa, Finland Hybrid
● New 👁 Seen ✓ Applied 4h ago
Accenture
Custom Software Engineer
Accenture
⚡ Apply early Gurugram Onsite
● New 👁 Seen ✓ Applied 5h ago
Sambatv
Software Engineer
Sambatv
⚡ Apply early Porto, Portugal Onsite
● New 👁 Seen ✓ Applied 6h ago
The Hartford
Senior Staff Guidewire Software Engineer - Hybrid
The Hartford
⚡ Apply early Charlotte, NC Hybrid $127,600–$191,400
● New 👁 Seen ✓ Applied 6h ago
Redwood Materials
Software Engineer - ML/Computer Vision (Battery Sorting)
Redwood Materials
⚡ Apply early McCarran, NV; San Francisco, C... Onsite $152,500–$200,000
● New 👁 Seen ✓ Applied 6h ago

Sign up for suggestions tailored to the jobs you open and the searches you save.

More jobs at State Street

See all jobs at State Street →

Apply now
🤖

Whoa — hold up

JobsRadar was built for real people having a rough time in their job search — not for automated requests. You're clicking way too fast and you're now temporarily blocked.

Come back later. If you're genuinely job hunting, we've got your back — just act like a human.

Catch your next role the second it’s posted.

Create a free account and we’ll watch the boards for you — the instant a job matches your search, it lands in your inbox or Telegram. No digging, no refreshing.

Create free account

Free forever · takes 30 seconds · already have one?

Get an edge on your job hunt.

Join our Telegram channel for the stuff that helps you land the role — salary benchmarks, the weekly market pulse, and new-feature drops. No spam, just signal.

Join the channel — it's free