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Algorithms Jobs in Illinois (NOW HIRING)

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 ...

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 ...

Traders at Simplex work closely with our technology team to design and optimize algorithmic trading strategies based on deep knowledge of market microstructure, trading dynamics, and data-focused ...

Algorithmic Trader

Chicago, IL ยท On-site

$150K - $200K/yr

Traders at Simplex work closely with our technology team to design and optimize algorithmic trading strategies based on deep knowledge of market microstructure, trading dynamics, and data-focused ...

Senior Software Engineer

Chicago, IL ยท 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 ยท 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 ...

Collaborate with the trading and quantitative research team to evaluate existing algorithms * Combine knowledge of systems, mathematical techniques and trading to identify the best places to improve ...

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Showing results 1-20

Algorithms information

What jobs use algorithms?

Algorithms are fundamental to many jobs in technology, data science, software engineering, and artificial intelligence. Professionals in these roles develop, analyze, and implement algorithms to solve problems, optimize processes, and build systems, often using programming languages like Python, Java, or C++. Knowledge of data structures, mathematical concepts, and computational theory is essential in these fields.

What engineers make $500,000?

Senior software engineers, especially those working in high-demand fields like algorithms, machine learning, or data science at large tech companies, can earn $500,000 or more annually through base salary, bonuses, and stock options. Achieving this level typically requires extensive experience, advanced skills, and often working in competitive markets or leadership roles.

What is the job of an algorithm?

The job of an algorithm is to provide a step-by-step procedure for solving a specific problem or performing a task efficiently. In programming and data analysis, algorithms are used to process data, make decisions, and optimize outcomes, often requiring knowledge of programming languages and logical thinking.

What is the difference between Algorithms vs Data Analysts?

AspectAlgorithmsData Analysts
Required CredentialsDegree in Computer Science, Mathematics, or related fields; programming skillsDegree in Statistics, Mathematics, or related fields; analytical skills
Work EnvironmentTech companies, research labs, software developmentBusiness, finance, marketing, healthcare sectors
Employer & Industry UsageUsed to develop models, optimize processes, and automate tasksUsed to interpret data, generate reports, and support decision-making

Algorithms focus on designing step-by-step procedures for problem-solving and are essential in software development and AI. Data Analysts interpret and visualize data to help organizations make informed decisions. While both roles work with data, algorithms are more technical and programming-intensive, whereas data analysts focus on data interpretation and reporting.

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 computer science, mathematics, and data structures, typically supported by a relevant degree. Familiarity with programming languages like Python or C++, version control systems, and algorithm analysis tools is essential. Strong analytical thinking, problem-solving ability, and effective communication skills set exceptional candidates apart. These competencies are crucial for designing efficient solutions, optimizing performance, and collaborating effectively within technical teams.

What are algorithms in the context of computer science jobs?

Algorithms are step-by-step procedures or sets of rules designed to solve specific problems or perform tasks, commonly used in computer science for data processing, calculation, and automated reasoning. Professionals who work with algorithms develop, analyze, and optimize these procedures to improve the efficiency and effectiveness of software and systems. Understanding algorithms is crucial for roles like software engineers, data scientists, and researchers, as it enables them to create solutions that are both correct and efficient.

What tech jobs pay $400,000 a year?

Senior roles in algorithms, such as Principal Algorithm Engineer or Lead Data Scientist, can reach or exceed $400,000 annually, especially in high-cost living areas or top tech companies. These positions typically require advanced skills in machine learning, data analysis, and programming, along with extensive experience and often stock options or bonuses.

What are some common challenges faced by professionals working in algorithm development roles?

Professionals in algorithm development often encounter challenges such as balancing computational efficiency with accuracy, ensuring scalability for large datasets, and adapting algorithms to evolving requirements. Collaborating closely with data scientists, engineers, and product teams is essential to align solutions with real-world constraints and business goals. Staying current with the latest research and technologies is also important, as the field evolves rapidly and new methods frequently emerge.
What are the most commonly searched types of Algorithms jobs in Illinois? The most popular types of Algorithms jobs in Illinois are:
Infographic showing various Algorithms job openings in Illinois as of July 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 77% Physical, 3% Hybrid, and 20% Remote job distribution.
Senior Wireless DSP/PHY Algorithm Engineer

Senior Wireless DSP/PHY Algorithm Engineer

ISCO International LLC

Schaumburg, IL โ€ข On-site

$103K - $141K/yr

Other

Re-posted 14 days ago


Job description

Position Description
ISCO is seeking a Senior Wireless DSP / PHY Algorithm Engineer to research, design, and develop advanced signal processing algorithms for 5G wireless communication systems and infrastructure.
This role focuses on the development of algorithms for 5G wireless communication systems, including interference detection and mitigation, RF signal conditioning, and advanced PHY-layer receiver processing. In this role, you will develop MATLAB-based models of wireless systems, analyze real-world time-domain IQ signals, and design algorithms that improve receiver performance in challenging interference environments.
The work spans multiple stages of the wireless signal processing chain, including digital front-end (DFE) processing in radios as well as advanced PHY-layer receiver algorithms implemented in baseband units. Work includes algorithm development for both time-domain signal processing and OFDM receiver processing, including equalization, combining, and interference-aware detection techniques. This includes the development and evaluation of receiver algorithms such as MRC, IRC, MMSE-based equalization, and interference-aware combining methods for multi-antenna OFDM systems. Algorithms may be implemented in FPGAs or software.
This position spans the full innovation lifecycle, including research, invention of new signal processing algorithms, modeling, simulation, laboratory validation, and product deployment. The role involves close collaboration with RF, FPGA, and software teams to transition algorithms from concept into deployed telecom products.
This role is ideal for someone who enjoys inventing and developing novel signal processing techniques, creatively adapting existing algorithms to address challenging interference environments, and translating advanced receiver algorithms into practical wireless infrastructure solutions.
Education/Experience
MSEE or PhD in Electrical Engineering with emphasis on digital signal processing and wireless communication systems.
5-7+ years of experience developing signal processing algorithms for wireless communication systems in a product development environment.
Required Skills
1. Must have demonstrated expertise in DSP algorithm modeling and development using MATLAB for 5G wireless communication systems. Proficiency with MATLAB and its toolboxes is required.
2. Experience developing DSP algorithms including either radio Digital Front-End (DFE) signal processing or baseband PHY-layer receiver algorithms.
3. For candidates with radio DSP experience, hands-on experience implementing radio digital signal processing techniques, such as digital filtering, crest factor reduction, digital predistortion, and digital upconversion/downconversion.
4. For candidates with baseband PHY experience, strong understanding of OFDM receiver processing, including channel estimation, equalization, MIMO detection, and combining techniques such as MRC, IRC, and MMSE.
5. Familiarity with wireless system concepts including RF propagation, MIMO systems, beamforming, channel modeling, OFDM modulation/demodulation, and practical RF front-end considerations in 5G radio systems.
6. Experience using and developing system-level and link-level simulations for 5G receiver algorithms is desired.
7. Familiarity with software implementation of signal processing algorithms, and awareness of practical implementation considerations such as fixed-point modeling or FPGA-based implementations.
8. Experience working with RF test equipment or laboratory validation of wireless systems, such as spectrum analyzers, signal generators, network analyzers, or similar instrumentation.
9. Good communication skills. Able to clearly and concisely communicate with team members, sales team, customers and management on issues concerning designs and other business issues.
10. Experience with patent disclosures and filings is a plus and will be part of the job.
Additional Requirements
Occasional domestic travel in support of customer meetings or product trials is required. Travel is estimated at about 10% of the time.
Since ISCO makes equipment for cellular operators and cellular networks operate 24/7, on rare occasions some work (particularly during product trials) may have to be performed during off hours between 12am - 4 am or weekends.
Location
This position is at ISCO headquarters in Schaumburg, IL. Remote candidates are also strongly considered given the right set of skills and experience.
Residency Requirement
Reporting
Reports to Vice President - Engineering