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Algorithmic Jobs (NOW HIRING)

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89.60K/yr

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 ...

Junior Algorithmic Trader

Chicago, IL

$69K - $89.60K/yr

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 ...

AI Algorithm Developer

Santa Clara, CA · On-site

$161K - $221K/yr

The ideal candidate combines algorithmic depth (can reason through "why", not just implement), clean code practices (design patterns, testing, maintainable systems), and critical thinking (customizes ...

The ideal candidate combines algorithmic depth (can reason through "why", not just implement), clean code practices (design patterns, testing, maintainable systems), and critical thinking (customizes ...

Toyon is seeking Algorithm Developers capable of developing advanced algorithms and software for image/video, radar, and other signal processing applications. We are looking for algorithm and ...

Algorithm Developer

Goleta, CA · On-site

$120K - $200K/yr

Toyon is seeking Algorithm Developers capable of developing advanced algorithms and software for image/video, radar, and other signal processing applications. We are looking for algorithm and ...

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Algorithmic information

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$37.5K

$122.7K

$196.5K

How much do algorithmic jobs pay per year?

As of Jun 1, 2026, the average yearly pay for algorithmic in the United States is $122,738.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,500.00 and $136,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Algorithmic Trader, and why are they important?

To thrive as an Algorithmic Trader, you need a strong background in quantitative analysis, programming (often in Python, C++, or R), and financial markets, typically supported by a degree in finance, mathematics, computer science, or a related field. Familiarity with trading platforms, statistical modeling tools, and certifications like CFA or FRM can enhance your expertise. Analytical thinking, attention to detail, and strong decision-making skills set top performers apart in this competitive field. These skills ensure the development, testing, and execution of effective trading strategies in rapidly changing market environments.

What are some common challenges faced by professionals in algorithmic roles, and how can these be addressed?

Professionals in algorithmic roles often encounter challenges such as optimizing algorithms for efficiency, managing large and complex data sets, and ensuring their solutions scale well in production environments. Collaborating closely with data engineers, software developers, and product teams is essential to address these issues. Keeping up-to-date with the latest advancements through continuous learning and code reviews, as well as leveraging peer feedback, can help overcome technical hurdles and improve algorithm performance.

What are algorithmic jobs?

Algorithmic jobs involve designing, analyzing, and implementing algorithms to solve specific problems or optimize processes. Professionals in these roles often work in fields like computer science, finance, and engineering, where they create solutions for data processing, automation, or trading systems. These jobs require strong analytical skills, proficiency in programming languages, and a solid understanding of mathematical concepts. Algorithmic roles can range from developing search algorithms for software applications to creating automated trading strategies in financial markets.

What is the difference between Algorithmic vs Data Analyst?

AspectAlgorithmicData Analyst
Required CredentialsDegree in Computer Science, Mathematics, or related fields; programming skillsDegree in Statistics, Mathematics, or related fields; analytical skills
Work EnvironmentTech companies, finance, research labs; focus on coding and algorithm developmentBusiness, marketing, finance; focus on data interpretation and reporting
Employer & Industry UsageUsed in software development, quantitative research, AIUsed in marketing, finance, healthcare for data-driven decisions

While both roles involve working with data, Algorithmic professionals primarily develop algorithms and coding solutions, often in technical environments. Data Analysts focus on analyzing data sets to generate insights and reports. Understanding these differences helps in choosing the right career path or job search focus.

More about Algorithmic jobs
What cities are hiring for Algorithmic jobs? Cities with the most Algorithmic job openings:
What states have the most Algorithmic jobs? States with the most job openings for Algorithmic jobs include:
What job categories do people searching Algorithmic jobs look for? The top searched job categories for Algorithmic jobs are:
Infographic showing various Algorithmic job openings in the United States as of May 2026, with employment types broken down into 100% Temporary. Highlights an 100% In-person job distribution, with an average salary of $122,738 per year, or $59 per hour.
Junior Algorithmic Trader

Other

Posted 10 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 2024 and Spring 2025 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