ZipRecruiter

Log In

1

Algorithms Engineer Jobs in Illinois (NOW HIRING)

DRW

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 ...

Eagle Seven

Algorithmic Trader

Chicago, IL

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 · On-site

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 ...

IMC

Software Engineer, Early Career

Chicago, IL · On-site

$200K/yr

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 ...

IMC

Software Engineer, Early Career

Chicago, IL

$200K/yr

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 ...

SoHo Dragon

Senior AI/ML Engineer

Chicago, IL · Hybrid

$107K - $147K/yr

Senior AI/ML Engineer Client: Global advertising company Location: Chicago or NYC; 3 days a week ... Familiarity with a variety of Machine Learning, NLP, and deep learning algorithms. * Exposure in ...

SoHo Dragon

Senior AI/ML Engineer

Chicago, IL · On-site

$107K - $147K/yr

Senior AI/ML Engineer Client: Global advertising company Location: Chicago or NYC; 3 days a week ... Familiarity with a variety of Machine Learning, NLP, and deep learning algorithms. * Exposure in ...

SoHo Dragon

Senior AI/ML Engineer

Chicago, IL · Hybrid

$107K - $147K/yr

Senior AI/ML Engineer Client: Global advertising company Location: Chicago or NYC; 3 days a week ... Familiarity with a variety of Machine Learning, NLP, and deep learning algorithms. * Exposure in ...

SoHo Dragon

Senior AI/ML Engineer

Chicago, IL · On-site

$107K - $147K/yr

Senior AI/ML Engineer Client: Global advertising company Location: Chicago or NYC; 3 days a week ... Familiarity with a variety of Machine Learning, NLP, and deep learning algorithms. * Exposure in ...

Resource 1

Blockchain Engineer

Chicago, IL · Hybrid

Resource 1 is seeking a Blockchain Engineer for a 6-month hybrid contract for our client in the ... Extensive experience in back-end development, algorithms, and data structures. * Knowledge of ...

DV Trading LLC

Software Engineer

Chicago, IL · On-site

$150K - $250K/yr

We are seeking a highly motivated, quick-learning developer for our algorithmic software development team. In this role, you will be involved in the development of our cutting-edge, low-latency ...

New

TecTammina

Software Engineer - Inspection

Rockford, IL · On-site

... algorithms and/or filtering methods Experience in multi-threaded programming Additional Information Job Status: Full Time / Permanent position Eligibility: EAD GC/ GC/ US Citizen Share the Profiles ...

next page

Showing results 1-20

All JobsAlgorithms Engineer JobsAlgorithms Engineer Jobs in Illinois

Algorithms Engineer information

See Illinois salary details

$51.8K

$127.3K

$187.5K

How much do algorithms engineer jobs pay per year?

As of Jun 16, 2026, the average yearly pay for algorithms engineer in Illinois is $127,280.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,100.00 and $142,900.00 per year, depending on experience, location, and employer.

How do Algorithms Engineers typically collaborate with other teams during the product development process?

Algorithms Engineers frequently work alongside cross-functional teams, including software developers, data scientists, and product managers, to ensure that algorithmic solutions are effectively integrated into products. They often participate in regular meetings to discuss requirements, share progress, and troubleshoot technical challenges. Close collaboration is essential, as algorithms must align with product goals and user needs, and Engineers may need to adjust models or optimizations based on feedback from testing or user data. This teamwork not only improves the final product but also provides valuable learning and growth opportunities for Algorithms Engineers.

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

To thrive as an Algorithms Engineer, you need a strong background in mathematics, computer science, and algorithm design, typically supported by a relevant degree. Proficiency in programming languages such as Python, C++, or Java, and experience with tools like MATLAB or TensorFlow, are commonly required, along with knowledge of data structures and optimization techniques. Analytical thinking, problem-solving abilities, and effective communication are crucial soft skills for collaborating with teams and explaining complex concepts. These skills enable the development of efficient, scalable solutions that drive technological innovation and product performance.

What are Algorithms Engineers?

Algorithms Engineers are professionals who design, analyze, and implement algorithms to solve complex computational problems efficiently. They often work in fields such as software development, artificial intelligence, data science, and computer vision. Their role involves optimizing code for speed and scalability, and collaborating with other engineers and researchers to develop new solutions. Strong skills in mathematics, programming, and problem-solving are essential for this job. Algorithms Engineers play a crucial part in making software systems faster, smarter, and more reliable.

What is the difference between Algorithms Engineer vs Data Scientist?

AspectAlgorithms EngineerData Scientist
Required CredentialsBachelor's or Master's in Computer Science, Electrical Engineering, or related fieldsBachelor's or Master's in Data Science, Statistics, or related fields
Work EnvironmentDevelops algorithms for software, hardware, or embedded systemsAnalyzes data to extract insights, build models, and inform decisions
Industry UsageTech, robotics, AI, and software development companiesFinance, healthcare, marketing, and tech sectors
Common Search/ComparisonFocuses on algorithm design and optimizationFocuses on data analysis and predictive modeling

Algorithms Engineers primarily develop and optimize algorithms for software and hardware systems, while Data Scientists analyze data to generate insights and build predictive models. Both roles require strong programming skills and a background in mathematics, but they serve different purposes within technology and data-driven industries.

What are popular job titles related to Algorithms Engineer jobs in Illinois? For Algorithms Engineer jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Algorithms Engineer jobs in Illinois look for? The top searched job categories for Algorithms Engineer jobs in Illinois are:
Algorithms Engineer jobs near you
Infographic showing various Algorithms Engineer job openings in Illinois as of June 2026, with employment types broken down into 74% Full Time, 16% Part Time, and 10% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $127,280 per year, or $61.2 per hour.
Research Engineer (FICCO)

Research Engineer (FICCO)

DRW

Chicago, IL • On-site

$175K - $225K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 12 days ago

Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters-it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
As a Research Engineer, you will be an integral member of a systematic trading team comprised of experienced technologists, quantitative researchers, and traders. Your team will work closely to solve challenging technological problems and contribute to our full tech stack, including software design, data engineering, distributed computing, and quantitative modeling. You will be surrounded by cutting edge technology, mentored by industry-leading engineers, offered training and continuing education opportunities, and given immediate responsibility. We are looking for quantitatively minded people who are creative technologists, natural programmers, and disciplined engineers eager to develop new technologies that directly impact our business.
How you will make an impact:
  • Work with researchers to implement research studies, simulate trading strategies, and develop algorithms to compete in financial markets.
  • Design trading strategy simulation software optimized for distributed computation
  • Develop software for large scale data acquisition, storage, accessibility, and visualization
  • Create user interfaces for data exploration and post trade analysis
  • Accelerate the research lifecycle from strategy prototype to production deployment
  • Evaluate new technology and improve our technology stack

What you bring to the team:
  • Bachelor's degree in Computer Science, Computer Engineering, or related field
  • Excellent software development skills in modern C++ and Python
  • A strong understanding of object oriented design, data structures and algorithms
  • A strong understanding of quantitative finance mathematics
  • A solid foundation in programming with the ability to think, communicate, and code clearly
  • A solid understanding of computer systems at every level of abstraction (hardware, OS, memory, network)
  • Skills in multi-threaded applications
  • An understanding of how to build software for long term use and broad adoption
  • Demonstrated ability to produce algorithmic code in a fast-paced environment

The annual base salary range for this position is $175,000 to $225,000, depending on the candidate's experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.
#LI-BL1

Apply