Quantitative Developer - Systematic Trading, Rates, Associate
Sumitomo Mitsui Banking Corporation4 days ago
New York, NY, USAMid Level
Base Salary
$109k - $180k/yr
Responsibilities
- Develop quantitative execution algorithms, event-driven strategies, and trading analytics.
- Analyze market, order-book, trade, and execution data to improve trading performance.
- Build models for liquidity, fill probability, transaction costs, market impact, and execution quality.
- Translate quantitative models and trading hypotheses into reliable production implementations.
- Develop simulation, backtesting, market replay, and performance-attribution frameworks.
- Build scalable, multithreaded, memory-efficient, low-latency systems for market data, pricing, signal generation, and order execution.
- Monitor live algorithms and improve their performance, resilience, and efficiency.
- Collaborate with Quantitative Researchers, Traders, and Technologists throughout the research-to-production lifecycle.
Requirements
- Graduate degree such as an MS or PhD in Computer Science, Mathematics, Physics, Statistics, Engineering, Financial Engineering, or another quantitative discipline.
- Strong foundation in probability, statistics, numerical methods, optimization, or machine learning.
- Strong computer science fundamentals in algorithms, data structures, object-oriented design, concurrency, memory management, and systems architecture.
- Strong programming skills in Java or another object-oriented language.
- Ability to translate quantitative models and market behavior into efficient algorithms and reliable production systems.
- Strong quantitative, analytical, problem-solving, and communication skills.
- Ability to work effectively with Researchers, Traders, and Technologists.
- Preferred qualifications include experience with execution algorithms, event-driven strategies, transaction-cost analysis, quantitative trading models, and high-frequency, low-latency, or real-time trading systems.
- Preferred qualifications include knowledge of Rates and fixed-income products, simulation, backtesting, market replay, performance attribution, multithreading, networking, memory optimization, and performance tuning.
- Familiarity with ZeroMQ, Aeron, Protocol Buffers, SBE, or comparable technologies is preferred.
- Experience with Java, C++, Python, KDB+/Q, SQL, or related programming languages is preferred.
- Experience using AI-enabled tools across quantitative research and engineering workflows is preferred.
Benefits
- The anticipated base salary range is $109,000.00 to $180,000.00, with possible eligibility for an annual discretionary incentive award and a competitive benefits portfolio.
- The role follows a hybrid workforce model allowing work from home and an SMBC office; employees must live within a reasonable commuting distance, and the specific schedule is discussed during interviews.
- Reasonable accommodations are available during candidacy for applicants with disabilities.
About Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Banking Corporation provides corporate, investment, and commercial banking services—such as lending, capital markets, global trade finance, treasury/FX, and transaction banking—to corporate, institutional, and consumer clients. Headquartered in Tokyo, it is the core banking subsidiary of Sumitomo Mitsui Financial Group (SMFG), one of Japan’s three major banking groups, whose shares trade in Tokyo and as NYSE ADRs (SMFG). SMBC serves clients through a network spanning nearly 40 countries.