ZipRecruiter

Log In

1

Algorithmic Engineer Jobs in Illinois (NOW HIRING)

TransMarket Group

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

Description Our Algorithmic Traders use their expert understanding of the financial markets and ... Learn and master object-oriented programming languages (C++ and Python) * Build and maintain ...

Eagle Seven

Algorithmic Trader

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex ... Working closely with strategy developers to collaborate, propose, and test certain strategy ...

Eagle Seven

Algorithmic Trader

Chicago, IL

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex ... Working closely with strategy developers to collaborate, propose, and test certain strategy ...

Auria

Algorithm Software Engineer

Chicago, IL · On-site

$110 - $125/hr

  • Medical

  • Life

  • Retirement

  • PTO

Algorithm Software Engineer Location: Huntsville, AL Remote Status: On-Site Job Id: 14121-C2BMC # of Openings: 1 Auria is looking to hire an Algorithm Software Engineer to support the C2BMC program.

New

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... Learn and master object-oriented programming languages (C++ and Python) * Build and maintain ...

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... Learn and master object-oriented programming languages (C++ and Python) * Build and maintain ...

Allstate

Quantum Algorithm Developer Expert

Chicago, IL

$19.50 - $25.50/hr

In the Quantum Algorithm Developer Expert role, you will contribute to the development and ... quantum computing algorithmic solutions to problems with a future potential in the insurances ...

DRW

Site Reliability Engineer - Algorithmic Trading

Chicago, IL · On-site

$130K - $225K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

The Algorithmic Trading Team is looking for a Site Reliability Engineer for our Chicago office. The SRE team is critical to the success of our trading - ensuring that our production trading systems ...

TransMarket Group

Algorithmic Trader Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

Description As an Algorithmic Trader Intern, you will have the opportunity to learn and experience ... Learn and master programming languages * Develop, code, maintain and support production-quality ...

Trading Interview

Senior Algorithmic Trader

Chicago, IL · On-site

$180 - $300/hr

Description Our Algorithmic Traders use their expert understanding of the financial markets and ... Programming proficiency and experience (C++, Python) * Proficiency and experience in Linux ...

New

TransMarket Group

Algorithmic Trader Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

Description As an Algorithmic Trader Intern, you will have the opportunity to learn and experience ... Learn and master programming languages * Develop, code, maintain and support production-quality ...

Edgehog Trading

Full Stack Developer

Chicago, IL · On-site

... algorithmic developers and traders • Solid understanding of software engineering fundamentals -- data structures, algorithms, system design, and clean code practices Company : Edgehog Trading is a ...

next page

Showing results 1-20

All JobsAlgorithmic Engineer JobsAlgorithmic Engineer Jobs in Illinois

Algorithmic Engineer information

See Illinois salary details

$57.7K

$108.2K

$196.7K

How much do algorithmic engineer jobs pay per year?

As of Aug 20, 2026, the average yearly pay for algorithmic engineer in Illinois is $108,174.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,000.00 and $128,400.00 per year, depending on experience, location, and employer.

What is the difference between Algorithmic Engineer vs Data Scientist?

AspectAlgorithmic EngineerData Scientist
Required CredentialsBachelor's or Master's in Computer Science, Engineering, or related fields; programming skillsBachelor's or Master's in Data Science, Statistics, or related fields; strong analytical skills
Work EnvironmentDevelops algorithms for software, hardware, or embedded systems; often in tech or finance industriesAnalyzes data to extract insights; works in tech, finance, healthcare, and more
Employer & Industry UsageTech companies, finance firms, R&D departmentsTech companies, consulting firms, research institutions

While both roles require strong programming and analytical skills, Algorithmic Engineers focus on designing and implementing algorithms for systems and applications, whereas Data Scientists analyze data to inform business decisions. The roles often overlap in tech environments but serve different primary functions.

How much does an algorithmic engineer make?

The average salary for an algorithmic engineer varies by experience and location but typically ranges from $100,000 to $150,000 annually. Senior roles or those with specialized skills in machine learning and data analysis can earn higher salaries, often exceeding $180,000. Compensation may also include bonuses and stock options depending on the company and industry.

What does an algorithmic engineer do?

An algorithmic engineer designs, develops, and optimizes algorithms to solve complex problems, often working with large datasets and programming languages like Python or C++. They analyze data patterns, improve system efficiency, and may use tools such as machine learning frameworks to create scalable solutions in fields like finance, tech, or research.

What are popular job titles related to Algorithmic Engineer jobs in Illinois?

For Algorithmic Engineer jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Algorithmic Engineer jobs in Illinois look for?

The top searched job categories for Algorithmic Engineer jobs in Illinois are:

What cities in Illinois are hiring for Algorithmic Engineer jobs?

Cities in Illinois with the most Algorithmic Engineer job openings:

Algorithmic Engineer jobs near you

Junior Algorithmic Trader

TransMarket Group

Chicago, IL

$69K - $89K/yr

Full-time

Posted 17 days ago

Job description

Description

Our Algorithmic Traders use their expert understanding of the financial markets and market microstructure to develop relative value arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader, you will have the opportunity to experience relative value arbitrage trading paired with innovative software. You will partner with Senior Traders to assist and learn all facets of automated trading. From researching and analyzing high-frequency tick data and trading performance, to building mathematical models and performing time series analysis, you will experience a deep dive into real-time trading and gain exposure to build your expertise. The ideal candidate is intellectually curious, technically analytical, and has the desire to learn and apply programming skills in a fast-paced environment (Python, C++). 

Responsibilities

  • Work with Senior Algorithmic Traders to assist and learn all facets of automated trading
  • Develop expertise in market microstructure, tick data, and automated trading systems
  • Learn and master object-oriented programming languages (C++ and Python)
  • Build and maintain trading quantitative model tools and analytics
  • Develop, code, maintain and support production quality automated trading softwares and strategies
  • Improve strategies and trade execution by performing post trade analyses and developing prediction models

Requirements

  • Pursuing a Bachelor's, Master's, or Doctorate in a technical field such as but not limited to STEM or Finance with a graduation date between December 2026 and Spring 2027 or 1-2 years pertinent industry experience 
  • Required courses: Data structures, Probability, Statistics and Linear Algebra
  • Minimum major GPA of 3.5/4 or equivalent scale
  • Proficiency and experience in object-oriented programming languages, C++, Python and/or Java preferred 
  • Proficiency and experience in Linux scripting are a plus
  • Demonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred 
  • Project or internship experience in data analysis, quantitative modeling and/or machine learning
  • Passion for math and software applied to markets and trading
  • Strong understanding of computing, math, probability, statistics, and finance
  • Strong work ethic and willingness to do what it takes to get the job done
  • Excellent verbal and written communication skills
  • Ability to work within a team in a fast-paced environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to prepare for the interview process

Apply