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Purple Drive

Senior Quantitative Developer

Purple Drive, Chicago, Illinois, United States, 60290

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Job Title: Senior Quantitative Software Engineer

Location:

Chicago, IL (Onsite - Local Candidates Preferred)

Type:

Contract

Job Description

We are seeking a

Senior Quantitative Software Engineer

with strong expertise in software engineering, quantitative research, and financial analytics. The ideal candidate will combine advanced programming skills with deep knowledge of quantitative modeling to support

quant research, equity portfolio management, and risk analytics . This role requires hands-on technical leadership, collaboration with quantitative researchers, and the ability to design and deliver scalable, high-quality solutions for a front-office environment.

Key Responsibilities

Collaborate with

business product owners and quantitative teams

to design and deliver technology platforms and solutions for Quant Research. Develop

code libraries, tools, and applications

to support research-driven investment and analytics processes. Lead and mentor developers to identify and productionize mature prototypes. Design

large-scale distributed computing solutions

for quantitative analytics and create user-friendly visualizations. Implement

standards, processes, and tools

for numerical library testing, code quality, and review. Evaluate methods, datasets, and tools to deliver optimal quantitative and technical solutions. Partner with Quants to

implement models for investment decision-making . Innovate and improve proprietary models and algorithms with focus on

scalability, resiliency, and performance . Conduct

code reviews

with peers and provide feedback to ensure high-quality deliverables. Required Qualifications

12+ years

of progressive experience in software engineering and quantitative analysis. Advanced degree in

Computer Science, Math, or Financial Engineering . Strong experience in

Python and PySpark

(must-have), with additional proficiency in

R, Java , and distributed computing frameworks. Expertise with

big data & cloud computation platforms

(e.g., Databricks, AWS, Azure). Hands-on experience with

PySpark, Pandas, Polars, Cuml

for large-scale data analysis. Strong knowledge of

statistics, time-series analysis, algorithms, asset pricing theory . Experience building and supporting

real-time, batch, and orchestrated architectures . Strong Test-Driven Development mindset. Solid understanding of

financial instruments (securities, derivatives)

and capital markets. Strong communication skills with ability to explain complex concepts to non-technical stakeholders. Preferred Skills

Prior

front-office software development

experience in Asset Management, Hedge Funds, or Investment Banking. Experience building

containerized applications

and deploying on cloud platforms (Azure, AWS). Exposure to

web-based visualization technologies

for large/complex datasets.

Note:

This is an

onsite contract role in Chicago, IL

- local candidates are strongly preferred.