Demo

Quantitative Engineer (Market Risk, Pricing)

Open Systems Technologies
Jersey, NJ Contractor
POSTED ON 7/30/2026
AVAILABLE BEFORE 10/25/2026

Python Quantitative Engineer


*Seeking expert-level python quantitative engineers

*No Java. Pure python

*Heavy calculations experience

*Must have handled capital markets and market risk calculations

*Front office, pricing calculations

*Will not be running a calculation in a single box. Run massive pricing scale calculations in AWS grids

*Interview will be heavily pricing-oriented


Cloud HPC Engineer, Massive-Scale Pricing Engine

Python, Market Risk, Cloud/Grid Computing, Pricing, Distributed System Engineer


Key Responsibilities

Architect, build, and manage a massive-scale, distributed compute grid on public cloud platforms (AWS, GCP) for running financial pricing models.

Design and implement the orchestration layer responsible for distributing millions of pricing tasks efficiently across hundreds of thousands of CPU/GPU cores.

Deploy, manage, and version control a diverse library of quantitative pricing models, ensuring they run optimally in a distributed environment.

Obsessively monitor and optimize the performance, cost, and resource utilization of the cloud grid, driving continuous efficiency improvements.

Collaborate with quantitative development teams to seamlessly integrate new and updated pricing models into the production grid.

Engineer the data logistics to ensure that the correct market data, trade data, and model configurations are available for every calculation at runtime.

Ensure the pricing engine is highly available, resilient, and capable of meeting stringent recovery time objectives.


What We're Looking For

10 years of professional experience with a proven track record of designing, building, and running applications on massive-scale compute grids.

Expert-level, hands-on experience with at least one major public cloud provider (AWS or GCP), including their batch processing, container, and serverless offerings.

Deep expertise in containerization and orchestration technologies (Docker, Kubernetes).

Strong programming skills in languages common to high-performance computing, such as C and Python.

Prior experience in a similar role within the financial industry (e.g., running large-scale Monte Carlo simulations, VaR calculations, or XVA pricing grids) is highly desirable.

A degree in Computer Science, Engineering, or a related technical field.

A strong background in distributed systems, performance tuning, and infrastructure-as-code principles.

Exceptional problem-solving skills, with an ability to diagnose and resolve complex issues in a high-pressure, large-scale environment.

Excellent communication skills and the ability to work effectively with quantitative research, trading, and risk management teams.

Hourly Wage Estimation for Quantitative Engineer (Market Risk, Pricing) in Jersey, NJ
$61.00 to $75.00
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Quantitative Engineer (Market Risk, Pricing)?

Sign up to receive alerts about other jobs on the Quantitative Engineer (Market Risk, Pricing) career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$70,104 - $88,661
Income Estimation: 
$93,047 - $115,481
Income Estimation: 
$157,851 - $201,421
Income Estimation: 
$100,689 - $137,303
Employees: Get a Salary Increase
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Open Systems Technologies

  • Open Systems Technologies Jersey, NJ
  • *DA with market risk OR Market Risk BA with exposure to metadata *10 years *Part of the market risk technology team. Adding new calculations to FRTB *Exper... more
  • 1 Day Ago

  • Open Systems Technologies Tampa, FL
  • Role Summary Serve as a relationship manager and governance lead for the client's strategic regulatory technology platforms and associated third-party vend... more
  • 1 Day Ago

  • Open Systems Technologies Washington, DC
  • Diversity, Equity & Inclusion Business Analyst Location: Washington, D.C. Compensation: $77-96K Responsibilities: Analyze DEI, talent, and workforce data t... more
  • 2 Days Ago

  • Open Systems Technologies Washington, DC
  • Business Development Manager - Corporate & Financial Institutions Location: Washington, D.C. Compensation: $190-249k Responsibilities: Work with key attorn... more
  • 2 Days Ago


Not the job you're looking for? Here are some other Quantitative Engineer (Market Risk, Pricing) jobs in the Jersey, NJ area that may be a better fit.

  • The Depository Trust & Clearing Corporation (DTCC) Jersey, NJ
  • Are you ready to make an impact at DTCC? Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment... more
  • 3 Days Ago

  • Bank of America Jersey, NJ
  • Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do thi... more
  • 10 Days Ago

AI Assistant is available now!

Feel free to start your new journey!