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Algorithmic Engineer Jobs in Illinois (NOW HIRING)

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 ...

They are seeking C++ Software Engineers to build and optimize automated trading infrastructure and develop the next generation of trading algorithms and strategies. Responsibilities : • building ...

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 ...

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 ...

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Algorithmic Engineer information

See Illinois salary details

$57.7K

$108.2K

$196.7K

How much do algorithmic engineer jobs pay per year?

As of Jul 13, 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 engineers make $500,000?

Senior-level algorithmic engineers, especially those working in finance, technology, or specialized research roles, can earn $500,000 or more annually, often including bonuses and stock options. Achieving this level typically requires extensive experience, advanced skills in algorithms and programming, and working at top-tier companies or in high-demand industries.

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.

Which 5 jobs will survive AI?

Algorithmic engineers are likely to continue thriving as AI advances because they develop and optimize algorithms that underpin AI systems. Jobs requiring complex problem-solving, creativity, and human judgment—such as data scientists, AI ethicists, cybersecurity specialists, healthcare professionals, and software developers—are also expected to persist due to their reliance on nuanced understanding and adaptability beyond automation. These roles often involve skills in programming, critical thinking, and domain expertise that are less easily replaced by AI.

What does an algorithm engineer do?

An algorithm engineer designs, develops, and optimizes algorithms to solve complex problems and improve system performance. They often work with data structures, programming languages, and tools like Python or C++, and may focus on areas such as machine learning, data analysis, or software development. Their role involves analyzing requirements, testing algorithms, and ensuring efficiency in real-world applications.

What engineers make 300,000 a year?

Senior engineers in fields such as software, data engineering, and machine learning can earn $300,000 or more annually, especially with extensive experience, advanced skills, and working at large tech companies or in specialized roles. Compensation often includes base salary, bonuses, and stock options, and requires strong technical expertise and industry demand.
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:
Software Engineer, Early Career

Software Engineer, Early Career

IMC

Chicago, IL

$200K/yr

Other

PTO

Re-posted 16 days ago


Job description

Having the best technology drives our business. 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 innovative technologies. Software development here is innovative, pragmatic and fun, even as complexity grows.

Your Core Responsibilities: 

  • Build and maintain our trading platform and software stack
  • Bring our trading strategies and technology platform to the next level
  • Collaborate with Traders, Quant Researchers and other Engineers both locally and globally
  • Develop expertise within the entire software development lifecycle
  • Learn new technologies and programming languages in a dynamic environment

Your Skills and Experience: 

  • 1-3 years of full-time professional work experience post-graduation
  • BA/BSc/MA/MSc in Engineering, Computer Science or related degree
  • Must have strong knowledge of algorithms and data structures
  • Proficiency in a programming language is required (Java or C++ preferred)
  • Strong analytical skills and interest in solving complex problems programmatically
  • Desire to interact and work closely with non-engineers in a dynamic environment
  • Interest in the financial markets; previous knowledge is NOT required

The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Base Salary: $200,000

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