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Algorithm Jobs in Illinois (NOW HIRING)

Eagle Seven

Algorithmic Trader

Chicago, IL

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex, ICE, and CME. The trader, along with the Head of the Desk, will be responsible for managing all ...

Eagle Seven

Algorithmic Trader

Chicago, IL · On-site

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex, ICE, and CME. The trader, along with the Head of the Desk, will be responsible for managing all ...

Simplex Trading

Algorithmic Trader

Chicago, IL

Traders at Simplex work closely with our technology team to design and optimize algorithmic trading strategies based on deep knowledge of market microstructure, trading dynamics, and data-focused ...

Simplex Trading

Algorithmic Trader

Chicago, IL · On-site

$150K - $200K/yr

Traders at Simplex work closely with our technology team to design and optimize algorithmic trading strategies based on deep knowledge of market microstructure, trading dynamics, and data-focused ...

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All JobsAlgorithm JobsAlgorithm Jobs in Illinois

Algorithm information

See Illinois salary details

$32

$76

$100

How much do algorithm jobs pay per hour?

As of Aug 1, 2026, the average hourly pay for algorithm in Illinois is $76.06, according to ZipRecruiter salary data. Most workers in this role earn between $64.76 and $86.20 per hour, depending on experience, location, and employer.

What jobs use algorithms?

Jobs that use algorithms include roles in software development, data science, machine learning engineering, and cybersecurity. These positions require skills in programming, mathematical modeling, and understanding of data structures to develop and optimize algorithms for various applications.

What are the key skills and qualifications needed to thrive in the Algorithm position, and why are they important?

To excel as an Algorithm Engineer, you typically need a strong background in computer science, mathematics, and programming languages such as Python, C++, or Java, often supported by a relevant degree. Familiarity with algorithms and data structures, version control systems like Git, and experience with technical tools such as MATLAB or TensorFlow are highly valued. Analytical thinking, problem-solving abilities, and effective communication skills are crucial soft skills for this position. These competencies are essential to create efficient algorithms, collaborate across teams, and drive innovation in computational solutions.

What is the job of an algorithm?

An algorithm is a set of step-by-step instructions used to solve a specific problem or perform a task. In a job context, developing and optimizing algorithms involves programming skills, understanding data structures, and analyzing efficiency to improve software performance. Algorithm-related roles often require knowledge of programming languages and problem-solving abilities.

What is an Algorithm job?

An Algorithm job typically involves designing, analyzing, and optimizing algorithms to solve complex problems efficiently. Professionals in this role work in fields like computer science, data science, artificial intelligence, and software development. They create algorithms for tasks such as data processing, machine learning, search optimization, and automation. Strong mathematical and programming skills are essential, along with knowledge of algorithmic complexity and data structures.

What engineers make $500,000?

Senior software engineers, especially those working in high-demand fields like machine learning, AI, or at major tech companies, can earn $500,000 or more annually. Compensation often includes base salary, bonuses, and stock options, and typically requires extensive experience, advanced skills, and sometimes leadership roles.

What are typical projects or tasks that an Algorithm Engineer works on?

As an Algorithm Engineer, you might work on developing and optimizing algorithms for tasks like data analysis, machine learning, computer vision, or operations research, depending on the industry. Daily responsibilities often include writing and testing code, analyzing performance bottlenecks, and collaborating with data scientists, product managers, or software engineers to integrate algorithms into production systems. You may also be involved in researching new techniques, reviewing technical literature, and presenting your findings to technical and non-technical audiences. This role often requires balancing creative problem-solving with practical implementation and continuous improvement.

Which 3 jobs will survive AI?

Jobs that require complex human interaction, creativity, and critical thinking, such as healthcare professionals, skilled tradespeople, and creative roles like writers and designers, are less likely to be fully replaced by AI. These roles often involve emotional intelligence, nuanced judgment, and hands-on skills that AI cannot replicate easily.
What are the most commonly searched types of Algorithm jobs in Illinois? The most popular types of Algorithm jobs in Illinois are:
What are popular job titles related to Algorithm jobs in Illinois? For Algorithm jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Algorithm jobs in Illinois look for? The top searched job categories for Algorithm jobs in Illinois are:
Algorithm jobs near you
Infographic showing various Algorithm job openings in Illinois as of July 2026, with employment types broken down into 2% Locum Tenens, 70% Full Time, 26% Part Time, and 2% Contract. Highlights an 76% Physical, 3% Hybrid, and 21% Remote job distribution, with an average salary of $158,207 per year, or $76.1 per hour.

Senior Wireless DSP/PHY Algorithm Engineer

ISCO International LLC

Schaumburg, IL • On-site

$103K - $141K/yr

Other

Re-posted 3 days ago

Job description

Position Description
ISCO is seeking a Senior Wireless DSP / PHY Algorithm Engineer to research, design, and develop advanced signal processing algorithms for 5G wireless communication systems and infrastructure.
This role focuses on the development of algorithms for 5G wireless communication systems, including interference detection and mitigation, RF signal conditioning, and advanced PHY-layer receiver processing. In this role, you will develop MATLAB-based models of wireless systems, analyze real-world time-domain IQ signals, and design algorithms that improve receiver performance in challenging interference environments.
The work spans multiple stages of the wireless signal processing chain, including digital front-end (DFE) processing in radios as well as advanced PHY-layer receiver algorithms implemented in baseband units. Work includes algorithm development for both time-domain signal processing and OFDM receiver processing, including equalization, combining, and interference-aware detection techniques. This includes the development and evaluation of receiver algorithms such as MRC, IRC, MMSE-based equalization, and interference-aware combining methods for multi-antenna OFDM systems. Algorithms may be implemented in FPGAs or software.
This position spans the full innovation lifecycle, including research, invention of new signal processing algorithms, modeling, simulation, laboratory validation, and product deployment. The role involves close collaboration with RF, FPGA, and software teams to transition algorithms from concept into deployed telecom products.
This role is ideal for someone who enjoys inventing and developing novel signal processing techniques, creatively adapting existing algorithms to address challenging interference environments, and translating advanced receiver algorithms into practical wireless infrastructure solutions.
Education/Experience
MSEE or PhD in Electrical Engineering with emphasis on digital signal processing and wireless communication systems.
5-7+ years of experience developing signal processing algorithms for wireless communication systems in a product development environment.
Required Skills
1. Must have demonstrated expertise in DSP algorithm modeling and development using MATLAB for 5G wireless communication systems. Proficiency with MATLAB and its toolboxes is required.
2. Experience developing DSP algorithms including either radio Digital Front-End (DFE) signal processing or baseband PHY-layer receiver algorithms.
3. For candidates with radio DSP experience, hands-on experience implementing radio digital signal processing techniques, such as digital filtering, crest factor reduction, digital predistortion, and digital upconversion/downconversion.
4. For candidates with baseband PHY experience, strong understanding of OFDM receiver processing, including channel estimation, equalization, MIMO detection, and combining techniques such as MRC, IRC, and MMSE.
5. Familiarity with wireless system concepts including RF propagation, MIMO systems, beamforming, channel modeling, OFDM modulation/demodulation, and practical RF front-end considerations in 5G radio systems.
6. Experience using and developing system-level and link-level simulations for 5G receiver algorithms is desired.
7. Familiarity with software implementation of signal processing algorithms, and awareness of practical implementation considerations such as fixed-point modeling or FPGA-based implementations.
8. Experience working with RF test equipment or laboratory validation of wireless systems, such as spectrum analyzers, signal generators, network analyzers, or similar instrumentation.
9. Good communication skills. Able to clearly and concisely communicate with team members, sales team, customers and management on issues concerning designs and other business issues.
10. Experience with patent disclosures and filings is a plus and will be part of the job.
Additional Requirements
Occasional domestic travel in support of customer meetings or product trials is required. Travel is estimated at about 10% of the time.
Since ISCO makes equipment for cellular operators and cellular networks operate 24/7, on rare occasions some work (particularly during product trials) may have to be performed during off hours between 12am - 4 am or weekends.
Location
This position is at ISCO headquarters in Schaumburg, IL. Remote candidates are also strongly considered given the right set of skills and experience.
Residency Requirement
Reporting
Reports to Vice President - Engineering

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