Quantitative Engineer

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role Overview

The Quantitative Engineer will design, build, and support scalable technology and analytics platforms that power quantitative research, portfolio construction, index services, and client portfolio production. This role sits at the intersection of software engineering, data engineering, and investment analytics, partnering closely with quantitative researchers, portfolio managers, and client‑facing teams to translate investment logic into robust, production‑grade systems.

Core Responsibilities

• Design, develop, and maintain high‑performance, scalable software systems supporting quantitative research, portfolio management, index calculation, and client portfolio production.
• Implement and productionize quantitative models, investment signals, portfolio construction logic, and index methodologies in a controlled, reproducible, and auditable manner.
• Build and maintain data pipelines for ingesting, validating, transforming, and storing large‑scale financial and market datasets used across research and production environments.
• Support portfolio production workflows, including holdings generation, rebalancing, attribution, risk analytics, and client‑specific customizations.
• Enhance system robustness through modular design, version control, automated testing, logging, monitoring, and performance optimization.
• Analyze business and technical requirements, evaluate architectural alternatives, and implement solutions using sound engineering judgment and established design patterns.
• Ensure consistency between research and production implementations, minimizing discrepancies between back‑tested and live portfolio outputs.
• Operate within established development standards, governance frameworks, and change‑management processes.
• Collaborate closely with quantitative researchers, portfolio managers, index services, sales, and marketing teams to translate investment concepts into scalable technical solutions.
• Provide timely updates to stakeholders on development progress, risks, and delivery timelines.

Technical Skills & Knowledge

• Strong experience in software development and analytics, preferably within asset management, quantitative finance, or financial services.
• Proficiency in Python for quantitative development, data processing, and production workflows.
• Strong working knowledge of SQL and relational databases; experience designing efficient schemas and optimizing queries.
• Experience with data engineering concepts, including ETL pipelines, data validation, and handling time‑series financial data.
• Familiarity with analytics and visualization tools such as Power BI, Tableau, or equivalent.
• Experience with version control (e.g., Git), automated testing frameworks, and CI/CD practices is preferred.
• Understanding of numerical methods, data structures, and performance optimization in a production environment.

Investment & Domain Knowledge

• Solid foundational understanding of asset classes (equities, fixed income, alternatives) and investment strategies (factor‑based, smart beta, index‑tracking, systematic strategies).
• Familiarity with portfolio construction concepts, including constraints, rebalancing, turnover, and optimization trade‑offs.
• Exposure to index methodologies, benchmark construction, or portfolio analytics is a strong plus.
• Ability to work closely with investment professionals and translate investment logic into precise, testable technical implementations.

Experience & Qualifications

• Bachelor’s degree in Engineering, Computer Science, Mathematics, Statistics, Finance, or a related quantitative field.
• 1–5 years of experience in quantitative engineering, software engineering, data engineering, or analytics roles (including strong academic or project‑based experience).
• Prior experience supporting investment systems, portfolio analytics, or financial data platforms is highly desirable.
• Progress toward or interest in professional certifications such as the CFA is preferred.
• Strong written and verbal communication skills, with the ability to explain complex technical topics to non‑technical stakeholders.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees.  In this stunning office, space, we offer fantastic amenities which include our Arrival Hub – Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.