**Java Quant Developer**
**Anywhere**
**Type:** Contract
**Category:** Development
**Industry:** Financial Services
**Workplace Type:** Remote
**Reference ID:** JN -122025-104584
**Date Posted:** 12/01/2025
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**Description:**
**100% Remote**
The role focuses on quantitative development and optimization tools, requiring a blend of software development skills and a strong mathematics background. The developer will work on internal applications, primarily a tool used for portfolio management and optimization, which is a critical production tool for traders, portfolio managers, and analysts. The tool is developed in-house and written in Java, but the client is open to candidates with experience in other programming languages, particularly those with a strong quantitative and analytical skill set.
Pay: $85 - $95/hr W2
_We can facilitate w2 and corp-to-corp consultants. For our w2 consultants, we offer a great benefits package that includes Medical, Dental, and Vision benefits, 401k with company matching, and life insurance._
**Responsibilities:**
+ Develop and maintain quantitative optimization tools used for portfolio management.
+ Collaborate with traders, portfolio managers, and analysts to understand their needs and enhance the tool's functionality.
+ Work on rebalancing portfolios subject to regulations and constraints.
+ Ensure the tool closely replicates benchmarks or model portfolios.
+ Participate in the full software development lifecycle, from requirements gathering to deployment.
+ Write clean, scalable, and efficient code primarily in Java, with potential use of other languages like Python and MATLAB for scripting and analysis.
+ Convert existing modules from MATLAB or other scientific computing languages into production-ready software.
+ Maintain and enhance the tool's integration with industry data sets such as Bloomberg and Reuters.
**Experience Requirements:**
+ Strong programming skills in Java; experience with Python, MATLAB, or other scripting languages is a plus.
+ Solid understanding of quantitative finance, optimization, and portfolio management.
+ Experience with databases such as Postgres and Oracle.
+ Familiarity with industry data sets and financial market data.
+ Ability to work at the intersection of software development and quantitative analysis.
+ Excellent problem-solving skills and attention to detail.
+ Strong communication skills and the ability to work collaboratively in a team environment.
**Education Requirements:**
+ Bachelor's degree in Computer Science, Mathematics, Finance, or a related field. A graduate degree is preferred.
_Skills, experience, and other compensable factors will be considered when determining pay rate. The pay range provided in this posting reflects a W2 hourly rate; other employment options may be available that may result in pay outside of the provided range._
_W2 employees of Eliassen Group who are regularly scheduled to work 30 or more hours per week are eligible for the following benefits: medical (choice of 3 plans), dental, vision, pre-tax accounts, other voluntary benefits including life and disability insurance, 401(k) with match, and sick time if required by law in the worked-in state/locality._
_Please be advised- If anyone reaches out to you about an open position connected with Eliassen Group, please confirm that they have an Eliassen.com email address and never provide personal or financial information to anyone who is not clearly associated with Eliassen Group. If you have any indication of fraudulent activity, please contact
[email protected]._
_About Eliassen Group:_
_Eliassen Group is a leading strategic consulting company for human-powered solutions. For over 30 years, Eliassen has helped thousands of companies reach further and achieve more with their technology solutions, financial, risk & compliance, and advisory solutions, and clinical solutions. With offices from coast to coast and throughout Europe, Eliassen provides a local community presence, balanced with international reach. Eliassen Group strives to positively impact the lives of their employees, clients, consultants, and the communities in which they operate._
_Eliassen Group is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status._
_Don't miss out on our referral program! If we hire a candidate that you refer us to then you can be eligible for a $1,000 referral check!_