ZipRecruiter

Log In

1

Algorithmic Execution Quant Jobs in Schaumburg, IL

IMC B.V.

Graduate Quantitative Trader

Chicago, IL · On-site

$225 - $275/hr

As a Quant Trader, you will be part of a highly motivated team facing the daily challenge of ... Develop, maintain, and improve trading strategies and algorithms * Solve complex problems to make a ...

TransMarket Group

Senior Algorithmic Trader

Chicago, IL · On-site

Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ... Improve strategies and trade execution by performing post trade analyses and developing prediction ...

Virtu Financial

Quantitative Trader

Chicago, IL · On-site

$150K - $200K/yr

Our market structure expertise, broad diversification, and execution technology enables us to ... algorithmic trading strategies deployed on electronic trading venues around the world. During an ...

Trading Interview

Quantitative Trader

Chicago, IL · On-site

$150 - $200/hr

Our market structure expertise, broad diversification, and execution technology enables us to ... algorithmic trading strategies deployed on electronic trading venues around the world. During an ...

Virtu Financial

Quantitative Trader

Chicago, IL

$150K - $200K/yr

Our market structure expertise, broad diversification, and execution technology enables us to ... algorithmic trading strategies deployed on electronic trading venues around the world. During an ...

IMC

Quantitative Researcher - Futures

Chicago, IL · On-site

$250K - $300K/yr

... execution in futures markets. Once on board, candidates will join a growing team that will be ... Using our own technology and capital, we build proprietary systems and algorithms that operate ...

IMC

Graduate Quantitative Trader

Chicago, IL

$250K/yr

As a Quant Trader, you will be part of highly motivated team facing the daily challenge of managing ... Develop, maintain, and improve trading strategies and algorithms * Solve complex problems to make a ...

Scalp Trade LLC

Quantitative Trader

Chicago, IL · On-site

$100 - $150/hr

... firm's algorithmic trading strategies. You will work with our team of traders and engineers to ... This belief helps to drive our design, implementation, and execution of our trading decisions. The ...

previous pagenext page

Showing results 21-40

All JobsAlgorithmic Execution Quant JobsAlgorithmic Execution Quant Jobs in Schaumburg, IL

Algorithmic Execution Quant information

See Schaumburg, IL salary details

$51.6K

$117K

$193K

How much do algorithmic execution quant jobs pay per year?

As of Sep 4, 2026, the average yearly pay for algorithmic execution quant in Schaumburg, IL is $117,016.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,100.00 and $149,700.00 per year, depending on experience, location, and employer.

What does an algorithmic execution quant do?

An Algorithmic Execution Quant is responsible for designing, developing, and optimizing algorithms that execute large financial trades efficiently and at minimal cost. They analyze market microstructure, create models to predict market impact, and work closely with traders and engineers to implement these strategies in real-time trading systems. Their work is essential in minimizing transaction costs and improving trade execution quality for their firm.

What are some common challenges faced by algorithmic execution quants when developing and deploying trading algorithms?

Algorithmic Execution Quants often encounter challenges such as adapting strategies to rapidly changing market conditions, managing latency and slippage, and ensuring compliance with regulatory requirements. They must also balance the need for innovation with the necessity for robust risk controls and system reliability. Collaboration with traders, developers, and risk managers is essential to refine algorithms and ensure they perform optimally in live trading environments.

What are the key skills and qualifications needed to thrive as an algorithmic execution quant, and why are they important?

To thrive as an Algorithmic Execution Quant, you need a strong background in quantitative analysis, programming (often in Python or C++), and a solid understanding of financial markets, typically supported by an advanced degree in a quantitative discipline. Proficiency with statistical modeling tools, trading platforms, and market data systems, as well as familiarity with technologies like FIX protocol, is crucial. Strong problem-solving ability, attention to detail, and effective communication help you collaborate across trading, research, and technology teams. These skills are essential for designing, optimizing, and maintaining robust trading algorithms that achieve best execution and mitigate risk in fast-moving markets.

What is the difference between Algorithmic Execution Quant vs Quantitative Trader?

AspectAlgorithmic Execution QuantQuantitative Trader
Primary FocusDeveloping and implementing algorithms for trade execution to minimize market impactCreating trading strategies to generate alpha and profit from market movements
Work EnvironmentQuantitative research teams, trading desks, technology-drivenTrading floors, portfolio management teams, research departments
Required SkillsProgramming, market microstructure, execution algorithmsQuantitative modeling, market analysis, strategy development

While both roles involve quantitative skills, an Algorithmic Execution Quant specializes in optimizing trade execution processes, whereas a Quantitative Trader focuses on developing strategies to generate profits. The roles often collaborate but serve different functions within trading firms.

What job categories do people searching Algorithmic Execution Quant jobs in Schaumburg, IL look for?

The top searched job categories for Algorithmic Execution Quant jobs in Schaumburg, IL are:

What cities near Schaumburg, IL are hiring for Algorithmic Execution Quant jobs?

Cities near Schaumburg, IL with the most Algorithmic Execution Quant job openings:

Algorithmic Execution Quant jobs near you
Infographic showing various Algorithmic Execution Quant job openings in Schaumburg, IL as of August 2026, with employment types broken down into 84% Full Time, 11% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $117,016 per year, or $56.3 per hour.

Graduate Quantitative Trader

IMC B.V.

Chicago, IL • On-site

$225 - $275/hr

Other

PTO

Posted 17 days ago

Job description

IMC is looking for talented and passionate Quant Traders to play a critical role in trading a wide range of financial instruments in a fast‑paced, dynamic environment. As a Quant Trader, you will be part of a highly motivated team facing the daily challenge of managing the execution and risk of complex trading portfolios. You will work closely with IMC’s researchers, developers and engineers in an environment that values problem solving, innovation, and teamwork.

Core Responsibilities
  • Engage in immersive, practical training to quickly acquire the skills needed to be successful on a trading desk
  • Develop, maintain, and improve trading strategies and algorithms
  • Solve complex problems to make a positive impact on the business
  • Find a competitive edge to drive results in the market while collaborating effectively with fellow IMC Traders
Skills and Experience
  • Current university student graduating between September 2026 and July 2027 pursuing a degree in a quantitative field (Mathematics, Physics, Computer Science or Economics)
  • Strong analytical thinking skills
  • A desire to learn and solve complex problems
  • Thrives and is able to make decisions in a fast‑paced environment
  • A team player with a proactive, self‑driven attitude
  • Experience in a programming language (Python, Matlab or R) is a plus
  • Interest in Financial Markets; previous knowledge is not required
  • Must be available for full‑time employment starting in February or August 2027
Compensation

Base Salary: $250,000. All full‑time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance.

Start dates are available in February and August 2027.

#J-18808-Ljbffr

Apply