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

statestreet· 2001 SSB&T
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📍 Boston, Massachusetts📍 Princeton, New JerseyFull time💰 USD 120K–218K
Full time2001 SSB&T

About this role

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

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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.

Frequently Asked Questions

What is the salary for the Lead Quantitative Software Engineer / Front-Office Quant Developer, VP role at statestreet?
The listed salary for this Lead Quantitative Software Engineer / Front-Office Quant Developer, VP position at statestreet is USD 120K–218K. This is an Full time role.
Where is the Lead Quantitative Software Engineer / Front-Office Quant Developer, VP position at statestreet located?
This Lead Quantitative Software Engineer / Front-Office Quant Developer, VP role at statestreet is based in Boston, Massachusetts, Princeton, New Jersey. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Lead Quantitative Software Engineer / Front-Office Quant Developer, VP role at statestreet full-time or part-time?
This is listed as a Full time position. It is posted as a Lead Quantitative Software Engineer / Front-Office Quant Developer, VP role in the 2001 SSB&T department at statestreet.
Which team or department does the Lead Quantitative Software Engineer / Front-Office Quant Developer, VP at statestreet belong to?
This Lead Quantitative Software Engineer / Front-Office Quant Developer, VP position is part of the 2001 SSB&T department at statestreet. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Lead Quantitative Software Engineer / Front-Office Quant Developer, VP position at statestreet?
Click the "Apply Now" button on this page. You will be redirected to statestreet's official application portal hosted on workday where you can submit your application directly.
When was the Lead Quantitative Software Engineer / Front-Office Quant Developer, VP job at statestreet posted?
This Lead Quantitative Software Engineer / Front-Office Quant Developer, VP position at statestreet was posted on Sep 19, 2026. Apply as soon as possible — early applications are often reviewed first.
Lead Quantitative Software Engineer / Front-Office Quant Developer, VP
statestreet · 💰 USD 120K–218K
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