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Algorithm Engineer Jobs in Naperville, IL (NOW HIRING)

Neutral Street

FPGA Engineer

Chicago, IL · On-site

$134K - $172K/yr

Design, implement, and verify FPGA-based trading algorithms and network stacks * Optimize RTL for minimum latency and maximum throughput * Collaborate with software engineers to build seamless ...

DRW

Research Engineer (FICCO)

Chicago, IL · On-site

$175K - $225K/yr

As a Research Engineer , you will be an integral member of a systematic trading team comprised of ... A strong understanding of object oriented design, data structures and algorithms * A strong ...

IMC

Graduate Software Engineer

Chicago, IL · On-site

$200K/yr

As a Software Engineer at IMC, you will drive the development of our cutting-edge trading algorithms. You will be responsible for spotting new opportunities, solving problems and developing ...

P2P

Research Engineer (FICCO)

Chicago, IL · On-site

$175K - $225K/yr

As a Research Engineer , you will be an integral member of a systematic trading team comprised of ... A strong understanding of object oriented design, data structures and algorithms * A strong ...

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All JobsAlgorithm Engineer JobsAlgorithm Engineer Jobs in Naperville, IL

Algorithm Engineer information

See Naperville, IL salary details

$59.4K

$111.5K

$202.7K

How much do algorithm engineer jobs pay per year?

As of Sep 15, 2026, the average yearly pay for algorithm engineer in Naperville, IL is $111,465.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,400.00 and $132,300.00 per year, depending on experience, location, and employer.

What does an algorithm engineer do?

An Algorithm Engineer designs, develops, and optimizes algorithms to solve complex computational problems. They analyze data, improve system performance, and implement mathematical models for various applications, such as machine learning, computer vision, and optimization. This role requires proficiency in programming languages like Python or C++, strong mathematical skills, and an understanding of data structures and algorithms. Algorithm Engineers work closely with software developers, data scientists, and researchers to integrate efficient solutions into real-world systems.

What are the key skills and qualifications needed to thrive as an algorithm engineer?

To thrive as an Algorithm Engineer, you need a strong background in mathematics, computer science, and programming, usually demonstrated with a degree in these fields and experience in algorithm design and analysis. Familiarity with languages like Python, C++, or Java, and tools such as MATLAB or TensorFlow, as well as relevant certifications like those in data science or machine learning, are typically advantageous. Outstanding problem-solving abilities, analytical thinking, and effective communication are critical soft skills for success in this role. These competencies are crucial because they enable Algorithm Engineers to design efficient, innovative solutions and collaborate seamlessly with multidisciplinary teams.

What are the typical challenges an algorithm engineer faces in their day-to-day work?

Algorithm Engineers often encounter complex problems that require creative, efficient solutions within strict performance or resource constraints. They may need to optimize existing algorithms, develop new ones from scratch, and ensure seamless integration into larger software systems, often while balancing accuracy, speed, and scalability. Collaborating with other engineers, data scientists, and product teams to align technical efforts with business goals is also a regular part of the job. Staying updated with the latest advancements in algorithms and technology is essential, making continuous learning a key aspect of the role.

How much does an algorithm engineer make?

The average salary for an algorithm engineer varies by experience and location but typically ranges from $80,000 to $150,000 annually. Senior roles or those with specialized skills in machine learning or data analysis can earn higher salaries, especially in tech hubs. Compensation often includes benefits such as bonuses and stock options.

What are the most commonly searched types of Algorithm Engineer jobs in Naperville, IL?

The most popular types of Algorithm Engineer jobs in Naperville, IL are:

What are popular job titles related to Algorithm Engineer jobs in Naperville, IL?

For Algorithm Engineer jobs in Naperville, IL, the most frequently searched job titles are:

What job categories do people searching Algorithm Engineer jobs in Naperville, IL look for?

The top searched job categories for Algorithm Engineer jobs in Naperville, IL are:

What cities near Naperville, IL are hiring for Algorithm Engineer jobs?

Cities near Naperville, IL with the most Algorithm Engineer job openings:

Algorithm Engineer jobs near you
Infographic showing various Algorithm Engineer job openings in Naperville, IL as of August 2026, with employment types broken down into 91% Full Time, 5% Part Time, and 4% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $111,465 per year, or $53.6 per hour.

FPGA Engineer

Chicago, IL • On-site

Neutral Street
See more jobs at Neutral Streetexternal

$134K - $172K/yr

Other

Posted 13 days ago

Job description

Implement custom hardware solutions for our most latency-sensitive strategies. You will design and deploy RTL that operates directly on market data feeds.

Responsibilities
  • Design, implement, and verify FPGA-based trading algorithms and network stacks
  • Optimize RTL for minimum latency and maximum throughput
  • Collaborate with software engineers to build seamless hardware-software co-designs
  • Evaluate new FPGA technologies and architectures
Requirements
  • BS/MS in Electrical Engineering or Computer Engineering
  • Experience with SystemVerilog, Verilog, or VHDL
  • Knowledge of network protocols (Ethernet, IP, TCP/UDP) and PCIe
  • Experience with Altera/Intel or Xilinx toolchains
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