Portfolio Quant Developer

Farther • New York, NY

1d

About The Position

Farther's trading team is building institutional-grade portfolio management and order management infrastructure. We are looking for a Quant Portfolio Developer who can own the analytics layer, which includes account performance, cost basis, risk modeling, and the quantitative foundation for sophisticated execution. The role involves working closely with a small team of trading engineers and specialist contractors to build novel systems.

Requirements

• 3–10 years in portfolio performance, analytics, or construction
• Deep familiarity with the trade lifecycle: holdings, transactions, corporate actions, cost basis, and reconciliation
• Multi-asset class experience: equities, fixed income, munis, alternatives, and options
• Fixed income fundamentals: duration, key-rate duration, spread risk, carry/roll, and laddered or optimized bond construction
• Derivatives-aware portfolio construction: delta-based exposures, overlays, and options-related risk measures
• Strong Python — comfortable in Jupyter-centric research workflows for exploratory analysis, back-testing, and rapid prototyping

Nice To Haves

• AWS experience
• Experience with PMS or OMS platforms (e.g., Black Diamond, Advent, Charles River)
• Background at a custodian (Schwab, Fidelity) or trading house — you've seen this problem from the other side
• Familiarity with Black-Litterman, shrinkage estimators, robust optimization, or Bayesian approaches to portfolio construction
• Familiarity with hierarchical risk parity, equal risk contribution, or other modern allocation frameworks

Responsibilities

• Build optimized Python analytics for portfolio measurement at scale — supporting multi-asset books across tens to hundreds of billions in AUM
• Own cost basis, holdings, and transaction data integrity — ingesting custodian data and calculating portfolio returns accurately
• Model portfolio risk across asset classes, including factor, duration, curve, spread, convexity, beta, and options risk exposures
• Support portfolio construction logic and multi-asset allocation workflows
• Contribute to execution algorithm development — including market impact measurement and VWAP-style execution analytics

Benefits

• Competitive comp package that rewards impact
• Full health benefits
• 401(k) matching
• Roth IRA options
• Unlimited PTO

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed