Quantitative Developer
DRW · New York, NY
$175,000–$250,000from the description
Jul 17, 2026
New York, NY
Jul 21, 2026
What this job asks for AI summary
An early-stage engineering role on a new systematic mid-frequency trading team, focused on building the research and trading platform from scratch — data pipelines, backtesting frameworks, execution tooling, and machine learning model workflows. The position suits a software engineer with strong Python or C++ production experience who is comfortable working across research and engineering, taking systems from prototype through to live trading and ongoing operation.
Mid level · 2+ years · New York-Newark-Jersey City, NY-NJ-PA · Full-time
“or” means any one of them counts — you don't need all of them.
We read this from the posting text with AI. Skim the description below before ruling yourself out.
How this req sits in the market our data
Roughly 9,400 people in the New York-Newark-Jersey City, NY-NJ-PA area plausibly meet what this posting asks for (software developers). range 7,100–12,300
Applicant volume Heavy — This req sits in a large pool with little in its requirements to thin it, and auto-apply tools fire at everything in the occupation. Applying early and leading with the rare skills below is what gets read.
Most people in this occupation already list these. Still required — just not what gets you shortlisted.
What the occupation pays Median $170,499 (middle half $133,523–$210,499). This posting is about at that midpoint.
Estimated from BLS employment for this occupation and area, per-skill prevalence across our listing corpus, and published wage benchmarks — as of Jul 28, 2026. It is a model, not a headcount.
Why we read it this way (6)
The role title is 'Quantitative Developer / Research Engineer' with no seniority level in the title, so advertised seniority is Unspecified. The minimum experience gate is 2+ years of production software development, which maps to Mid-level, despite the broad scope and early-team framing.
Python and C++ are listed together as the primary languages ('primarily in Python and/or C++') — they are presented as interchangeable primary options, so they are captured as a single must-have requirement with each as an alternative for the other.
A degree is listed ('bachelor's, master's, or PhD in CS or another technical field') but the phrasing 'or another technical field' is broad and no specific degree is a hard gate; the degree requirement is set to None accordingly.
PyTorch, GPU computing, ML/data pipeline production experience, large-scale/high-throughput systems, and a math/statistics/ML foundation all appear under the explicit 'Nice to Have' section and are marked preferred.
The alt SOC 15-2051 (Data Scientists) is noted because the role sits at the intersection of quantitative research and software engineering, with meaningful ML modeling and research-tooling responsibilities — but primary day-to-day work is building production software systems.
The posting states the role requires being in the NY office 5 days per week — it is fully on-site, not remote.
Read the full posting
The employer publishes the full description on their own site — read it there ↗. Or sign in to read it here — it's free, and it also lets you track this application.