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Algorithmic Engineer Jobs in Crete, IL (NOW HIRING)

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 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 ...

Senior Software Engineer

Chicago, IL · On-site

$126K - $166K/yr

Solid grasp of computer science foundations, mainly algorithms and data structures * Expertise in one or more modern programming languages. Examples are TypeScript, Javascript, Python, Go, C++, Java ...

Senior Software Engineer

Chicago, IL · On-site

$126K - $166K/yr

Solid grasp of computer science foundations, mainly algorithms and data structures * Expertise in one or more modern programming languages. Examples are TypeScript, Javascript, Python, Go, C++, Java ...

This role requires strong technical skills in machine learning, programming, and algorithms, as well as effective collaboration with data scientists, software developers, and business stakeholders to ...

Senior Software Engineer

Chicago, IL · On-site

$126K - $166K/yr

Solid grasp of computer science foundations, mainly algorithms and data structures * Expertise in one or more modern programming languages. Examples are TypeScript, Javascript, Python, Go, C++, Java ...

Proven ability to work in cross-functional teams, particularly alongside algorithmic developers and traders * Solid understanding of software engineering fundamentals - data structures, algorithms ...

The Engineering Team is seeking a motivated, hard-working Domain Engineer with the ability to ... Understand big data concepts and have knowledge of data mining algorithms. * Read and understand ...

The Engineering Team is seeking a motivated, hard-working Domain Engineer with the ability to ... Understand big data concepts and have knowledge of data mining algorithms. * Read and understand ...

The Engineering Team is seeking a motivated, hard-working Domain Engineer with the ability to ... Understand big data concepts and have knowledge of data mining algorithms. * Read and understand ...

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Showing results 1-20

Algorithmic Engineer information

See Crete, IL salary details

$57K

$106.9K

$194.5K

How much do algorithmic engineer jobs pay per year?

As of Jul 11, 2026, the average yearly pay for algorithmic engineer in Crete, IL is $106,936.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,100.00 and $126,900.00 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 cities near Crete, IL are hiring for Algorithmic Engineer jobs? Cities near Crete, IL with the most Algorithmic Engineer job openings:
Infographic showing various Algorithmic Engineer job openings in Crete, IL as of July 2026, with employment types broken down into 1% Internship, 1% As Needed, 69% Full Time, 28% Part Time, and 1% Contract. Highlights an 84% Physical, 1% Hybrid, and 15% Remote job distribution, with an average salary of $106,936 per year, or $51.4 per hour.
Algorithmic Trader

Algorithmic Trader

Eagle Seven

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago


Job description

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 aspects of trading desk operations. The right candidate will have a passion for capital markets, work well in a collaborative team setting, and be a motivated self-starter.

Primary Responsibilities include:

  • Operating grey and black box algorithmic trading strategies in accordance with the trading desk’s objectives
  • Monitoring of trading activity and positions consistently throughout the shift
  • Performing research and post trade analysis using the firm’s research tools on a variety of algorithmic trading strategies to improve profitability of existing models
  • Applying expertise in market microstructure, historical tick data, and quantitative modeling to conduct research and develop new sources of alpha
  • Working closely with strategy developers to collaborate, propose, and test certain strategy specific code changes related to execution, pricing, and risk management
  • Communicating with risk managers and internal technology groups regarding production issues
  • Building and maintaining quantitative modeling tools and analytics
  • Working with back office to solve for trade breaks, position & activity reconciliation exceptions

Requirements

Skills and Experience:

  • Bachelor’s degree in statistics, mathematics, engineering, business/finance, or related field
  • 4-6 years’ experience trading financial products (e.g options, futures)
  • Strong analytical, quantitative, and math skills
  • Experience with Python
  • Ability to work independently and successfully manage multiple tasks in a complex and fast-paced environment
  • Strong organizational skills and attention to detail
  • Excellent written and verbal communication skills
  • Demonstrated strong work ethic and team player focused on contributing to the success of the trading desk

Benefits

Eagle Seven offers a competitive and comprehensive benefits package to all full-time employees.

  • Medical PPO and HMO coverage through BlueCross BlueShield
  • Company Contributions to a Health Savings Account (with enrollment into a High Deductible Health Plan)
  • Dental coverage through Principal
  • Vision coverage through VSP
  • 401k Retirement Savings Plan with Employer Match
  • Company Paid Life Insurance
  • Company Paid Disability Insurance
  • Paid Time Off
  • Flexible Spending Account
  • Pre-tax Transit Benefits
  • Complimentary Lunch and Beverages
  • Access to Renovated Building Gym and Bike Room

Eagle Seven logo

About Eagle Seven

Sourced by ZipRecruiter

Industry

Securities, commodity contracts, and financial investments

Company size

51 - 200 Employees

Headquarters location

Chicago, IL, US

Year founded

2004