DDriveWealth logo

DriveWealth

Financial Services · 361 people

Staff Quantitative Developer

Posted 9 Oct

What’s this role about? Design and implement pricing and order-handling logic within a low-latency, deterministic trading engine. Partner with quant researchers and trading desks to translate trading strategies into production-grade, testable code.

Chicago, Illinois
Hybrid
$220K – $240K
Full-time
5-10 years exp
Bachelor degree or Postgraduate degree

Skills required

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Company

About DriveWealth DriveWealth is a global B2B financial technology platform. Our core business is providing Brokerage-as-a-Service, powering the investing and trading experiences for banks, broker dealers, asset managers, digital wallets, and consumer brands. DriveWealth’s APIs provide our Partners with a modern, extensible, and flexible toolkit to develop everything from traditional investment workflows to more innovative techniques such as rounding up purchases into fractional share ownership. DriveWealth, LLC is a registered broker dealer, member of FINRA and SIPC. Visit legal.drivewealth.com for full disclosures.

DriveWealth

Financial ServicesFintechand Technology
DDriveWealth logo
201-500 employees
Financial Services
Privately Held
25k LinkedIn followers
Raised $542.7M

Responsibilities

  • Design and implement pricing and order-handling logic within a low-latency,
  • deterministic trading engine
  • Work on order-lifecycle mechanics specific to trading economics
  • Partner with quant researchers and trading desks to translate models and
  • trading strategies into deterministic, testable production code
  • Optimize critical-path logic to meet strict end-to-end latency targets
  • Participate in system design discussions around state persistence and
  • failover/recovery for a clustered, stateful engine
  • Write comprehensive automated tests (unit and behavior-driven) to validate
  • correctness of pricing and trading logic under a wide range of market
  • scenarios
  • Participate in code review, on-call rotation, and incident response for a
  • production trading system
  • Contribute to capacity planning and performance tuning as trading volumes
  • grow
  • significant time in a senior or lead capacity
  • Strong background in quantitative or financial domains—pricing models, market
  • microstructure, order matching, or trading systems
  • Proven experience building and maintaining low-latency, high-throughput
  • production systems
  • Deep understanding of concurrency, memory management, and performance
  • optimization in a JVM-based language
  • Experience designing for determinism and reproducibility in systems where
  • correctness and auditability are critical
  • Solid grounding in numerical precision and decimal/fixed-point arithmetic,
  • particularly relevant to financial calculations
  • Proficiency in quantitative data analysis using data frames or similar
  • tabular tooling (e.g., pandas, Polars, R) for exploring, validating, and
  • back-testing trading logic against historical data
  • Strong testing discipline, including behavior-driven or scenario-based
  • testing approaches for complex business logic
  • Excellent written and verbal communication skills; ability to work directly
  • with traders, risk managers, and quant researchers to clarify requirements
  • Experience with distributed systems concepts—consensus/clustering, state
  • replication, and failover
  • Bachelor's degree in Computer Science, Mathematics, Engineering, Finance, or
  • a related quantitative field (or equivalent practical experience)

Qualification

TechnologyFinance & AccountingSoftwareEngineeringData & Analytics

Preferred

  • Direct experience working on or adjacent to a broker-dealer, exchange, ATS,
  • or other regulated trading venue
  • Familiarity with market data feeds, quote handling, and reference pricing
  • sources
  • Exposure to FIX protocol or other trading-industry messaging protocols
  • Experience with event-sourced or snapshot-based state persistence and
  • schema/data migration strategies
  • Background in capital markets regulatory concepts (best execution, trade
  • reporting, price improvement obligations)
  • Experience with streaming/event-driven architectures (e.g., Kafka) in a
  • trading or financial context
  • Familiarity with container/deployment tooling in regulated, latency-sensitive
  • production environments
  • Advanced degree (MS/PhD) in a quantitative discipline
  • Prior experience with proprietary or in-house trading platforms/frameworks
  • Contributions to open-source performance-critical or financial-systems
  • projects

Benefits

  • Pay is generally based on the level, complexity, responsibility, location, and
  • job duties/requirements of the specific position. We then source candidates with
  • the requisite skills, expertise, education, training, and experience.  If you
  • are selected for an interview, please feel welcome to speak to a recruiter about
  • our compensation philosophy and other available benefits. This role is eligible
  • for base, bonus, equity, 401(k) match, and heavily subsidized benefits and
  • perks.
  • To build technology and products that are used and loved by people and solve
  • real-world problems, we need to build a team with many different perspectives
  • DriveWealth does not accept agency resumes. Do not forward resumes to our jobs
  • alias, employees, or any other organization location. DriveWealth is not

Interested in this role?

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