---
title: 'Software Test Engineer (Contract Role) at OptionMetrics'
canonical: 'https://feeny.ai/job/software-test-engineer-contract-role-optionmetrics-united-states-161nrp9a3ema'
type: 'job'
last_seen: '2026-09-09'
---

# Software Test Engineer (Contract Role) at OptionMetrics

- **Company:** OptionMetrics
- **Location:** United States
- **Compensation:** $50–$80/hr
- **Employment:** full-time
- **Work type:** remote
- **Posted:** 2023-05-03
- **Last confirmed live:** 2026-09-09
- **Apply:** https://jobs.lever.co/optionmetrics/ee1f0756-11ee-418e-86a3-c724d62dbf7c

## Job description

About Us: OptionMetrics, headquartered in New York, NY. is a dynamic and innovative technology company, a trusted provider of financial information and research derived from the option markets. We are at the forefront of developing solutions that empower businesses. Our commitment to excellence, coupled with a collaborative, forward-thinking culture, has made us the preferred choice for top-tier talent. Our data and analytics models are utilized by over 350 investment banks, hedge funds, asset management firms, and academic institutions globally, solidifying our position as a leader in the industry.

OptionMetrics is seeking a highly skilled Software Test Engineer to join our Software QA team, with a focus on designing, implementing, and maintaining robust test frameworks for the back-end services that power our data and analytics products. In this role, you’ll take a proactive approach to identifying issues, writing and automating comprehensive test cases, and partnering cross-functionally with Engineering, Product Management, and Project teams to ensure product quality from initial concept to final release. We’re looking for someone who brings both technical depth and strategic insight to our QA process—someone who thrives in a collaborative environment and takes full ownership of their work. This role offers the opportunity to make a meaningful impact on the quality of our platform, with a culture that prioritizes autonomy, initiative, and accountability over micromanagement.

Note: This is a full-time, fully remote contract position, with the team operating on Eastern Time hours. We’re looking for someone who is comfortable working in a distributed environment, able to stay engaged and communicative across teams, and proactive in managing their day-to-day responsibilities. While the role is remote, collaboration remains a key part of the position, with regular interaction across engineering, product, and QA teams.

The Software Test Engineer Will:

- Love working with back end services and large data sets.
- Possess strong analytical, problem-solving, and creative thinking skills.
- Excel in test case design and documenting test descriptions/test plans.
- Enjoy figuring out what should be tested, creating the test, and implementing it. You're someone who can diagnose a potential bug before it occurs and isolate existing bugs.
- Possess knowledge of and experience with Java, SQL, and Python. Experience with AWS data tools (S3, Redshift, RDS, and EMR) is a plus.
- Have a strong commitment to technical quality assurance as a key part of the development lifecycle.
- Implement automated tests and perform functional and regression testing.
- Be dynamic and prepared to test/regress a high volume of changes daily.
- Enjoy the challenge of researching issues to maintain quality in our large data sets.
- Gain an understanding of the complex math associated with options.
- Bachelor’s degree in Computer Science, Software Engineering, Information Systems, or a related technical field is strongly preferred. Candidates with equivalent practical experience in software testing, quality assurance, or test automation within backend systems are also encouraged to apply.

OptionMetrics is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Further, OptionMetrics will not discriminate against applicants for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co‐worker, Pay Transparency Nondiscrimination .

If you need a reasonable accommodation for any part of the employment process, please contact us by email and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

## About OptionMetrics

## Company Overview
- **One-liner**: OptionMetrics is the premier provider of historical options data, implied volatility calculations, and analytics for institutional investors and academics worldwide.
- **Entity Type**: Private (Private Equity-backed; latest round led by Leeds Equity Partners in 2021)
- **Headquarters**: New York, NY, USA (Midtown Manhattan near Columbus Circle)
- **Founded**: 1999
- **Founders**: David J. Hait, Ph.D.

## Core Business
- Primary industry/industries: Financial Services, Fintech, Data & Analytics
- Target customers: B2B – Hedge funds, portfolio managers, quantitative researchers, risk managers, and academic institutions
- Mission or purpose statement: To provide the highest quality and most comprehensive historical options data, tools, and analytics to measure volatility, assess risk, and analyze investment strategies.

## Products & Services
- **IvyDB US**: Historical end-of-day data for US equity and index options from 1996 onward, including daily high/low/close prices, interest rates, dividends, and corporate actions. (Data)
- **IvyDB Futures**: Historical futures options price data for US and EU markets. (Data)
- **IvyDB Signed Volume**: Daily data on option trading volume, offering insights into order flow and participant activity. (Data)
- **IvyDB Beta**: Implied betas for top SPY constituents and market-capitalization US securities for factor investing. (Data)
- **Woodseer Dividend Forecast Data**: Global dividend forecasts for equities, ADRs, and ETFs. (Data)
- **Implied Volatility & Greeks**: Accurately calculated implied volatility and delta, gamma, vega, theta for European and American models, plus a standardized constant-maturity volatility surface. (Analytics/API)

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed.
- **Key Metric**: Annual Revenue of ~$6.6M (LinkedIn estimate); serves 350+ corporate and academic institutions.
- **Notable Investors/Partners**: Leeds Equity Partners (lead investor in 2021 PE round).
- **Growth Signals**: 25+ years in business; 56 employees with 4.5% YoY headcount growth; acquired Woodseer Global (dividend data) in March 2023; expanding global coverage (Europe, Asia-Pacific, Canada).

## Competitive Advantages
- **Data Longevity & Accuracy**: Over 25 years of historical data (since 1996 for US) sets the industry standard for backtesting and academic research.
- **Calculated Analytics**: Proprietary implied volatility and Greek calculations are considered the gold standard; trusted by top institutions for risk modeling.
- **Network Effects**: High adoption in academia creates a pipeline for professionals who already use OptionMetrics data, reinforcing its position in the industry.
- **Global Coverage**: Comprehensive datasets for North America, Europe, and Asia-Pacific markets in a single, standardized format.

## Strategic Focus
- **Data Expansion**: Deepening global coverage and adding new datasets (e.g., Woodseer dividend forecasts, IvyDB Beta).
- **Product Innovation**: Developing new analytics and tools (e.g., volatility surfaces, signed volume) to meet evolving quant and risk-management needs.
- **Technology Enhancement**: Modernizing data delivery and user experience; recent hire of CTO Moti Mizrahi to drive tech innovation.
- **Client Growth**: Growing its subscriber base (currently 300+ institutions) with dedicated support and global distribution.

## Why Work Here
- **Culture**: "Agile team favors substance over suits, teamwork over egos" – emphasis on accountability, not micromanagement. Collaborative environment where everyone’s input matters.
- **Work Policy**: Hybrid – offers both on-site (New York, NY) and remote positions (e.g., Technical Product Manager listed as remote option).
- **Perks & Benefits**: Full medical and dental insurance, 401k plan, pre-tax commuter benefits (NJT, MTA), paid time off (vacation, personal, sick days, holidays).
- **Office**: Bright, open office in Midtown Manhattan near Columbus Circle, with a view of Times Square and steps from Central Park.
- **Engineering Culture**: Encourages true ownership over products, rewards innovation, and works with proprietary data used by world-class hedge funds and academics.
- **Team Composition**: Mix of developers, quants, econometrics specialists, analysts, and account managers with a shared passion for volatility analytics.

## Sources
1. [optionmetrics.com](https://optionmetrics.com/about-us/)
2. [optionmetrics.com](https://optionmetrics.com/careers/)
3. [jobs.lever.co/optionmetrics](https://jobs.lever.co/optionmetrics)
4. [linkedin.com](https://www.linkedin.com/company/optionmetrics)
5. [optionmetrics.com](https://optionmetrics.com/)

## Other roles at OptionMetrics

- [Product Owner/Project Manager](https://feeny.ai/job/product-owner-project-manager-optionmetrics-miami-t3x0mkrkpggq) — Miami, FL
- [Technical Product Manager](https://feeny.ai/job/technical-product-manager-optionmetrics-new-york-g27yx1fvcz3k) — New York, NY
- [Account Manager](https://feeny.ai/job/account-manager-optionmetrics-new-york-23c0gbxxyf1q) — New York, NY
- [Quant Associate](https://feeny.ai/job/quant-associate-optionmetrics-new-york-xy64b0npzyt1) — New York, NY