ZipRecruiter

Log In

1

Backtesting Jobs in Schaumburg, IL (NOW HIRING)

DV Trading

Portfolio Manager

Chicago, IL

$200K/yr

Proven track record of live performance (beyond backtesting) * Strong return on capital (ROC) * Experience contributing to or leading successful trading teams * Ability to communicate effectively ...

TransMarket Group

DevOps/SRE Intern

Chicago, IL · On-site

$58.75 - $78/hr

Work directly with our Traders, Trade Developers, Platform Developers, and IT Team to automate and maintain systems for deployment of trading software, configuration management, CI/CD and backtesting ...

DRW Holdings, LLC.

Prediction Markets Trader

Chicago, IL · On-site

$175 - $200/hr

Track record of building and backtesting quantitative models with real historical data. * Deep domain knowledge of high‑impact events (politics, macroeconomics, climate, sports). Who We're Looking ...

New

IMC

Systematic Index Options Trader

Chicago, IL · On-site

$250K/yr

Use backtesting and analysis tools to predict the impact of changes to our execution systems and continuously improve our performance * Work collaboratively with traders, quant researchers, and ...

Trading Interview

Quantitative Trader - Futures

Chicago, IL · On-site

$180 - $350/hr

Conduct rigorous research, backtesting, and performance attribution analysis * Continuously iterate on models to improve signal quality, scalability, and capital efficiency * Contribute to portfolio ...

New

TransMarket Group

Senior Software Engineer

Chicago, IL · On-site

$126K - $166K/yr

Leverage libraries you've worked on to facilitate backtesting and post-trade analysis of our trading strategies * Tune and refine existing components to improve performance, flexibility, and ...

DV Trading

Portfolio Manager

Chicago, IL · On-site

$200K/yr

Proven track record of live performance (beyond backtesting) * Strong return on capital (ROC) * Experience contributing to or leading successful trading teams * Ability to communicate effectively ...

DV Trading

Portfolio Manager

Chicago, IL · On-site

$200K/yr

Proven track record of live performance (beyond backtesting) * Strong return on capital (ROC) * Experience contributing to or leading successful trading teams * Ability to communicate effectively ...

Trading Interview

Portfolio Manager

Chicago, IL · On-site

$100 - $200/hr

Proven track record of live performance (beyond backtesting) * Strong return on capital (ROC) * Experience contributing to or leading successful trading teams * Ability to communicate effectively ...

New

TransMarket Group

DevOps/SRE Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

Work directly with our Traders, Trade Developers, Platform Developers, and IT Team to automate and maintain systems for deployment of trading software, configuration management, CI/CD and backtesting ...

P2P

Quantitative Trader - Futures

Chicago, IL · On-site

$150 - $250/hr

Conduct rigorous research, backtesting, and performance attribution analysis * Continuously iterate on models to improve signal quality, scalability, and capital efficiency * Contribute to portfolio ...

New

DRW

Quantitative Trader - Futures

Chicago, IL · On-site

$150K - $250K/yr

Conduct rigorous research, backtesting, and performance attribution analysis * Continuously iterate on models to improve signal quality, scalability, and capital efficiency * Contribute to portfolio ...

Aquatic Capital Management

Systems Engineer

Chicago, IL · On-site

$150K - $300K/yr

Own and evolve Aquatic's Slurm and Ray cluster infrastructure across on-prem and GCP - supporting research and trading workloads including fitting, tuning, backtesting, feature computation, and ...

Caterpillar

Lead Data Scientist, Cat Digital

Chicago, IL · On-site

Time-series forecasting & modeling - building and validating multi-horizon (13-18 month) demand forecasts with SARIMAX, gradient/ElasticNet, and ensemble/foundation models, including backtesting, lag ...

Cboe Global Markets

Investigator

Chicago, IL · Hybrid

Participate in special projects (e.g., backtesting surveillance logic, data quality audits, automation of repetitive workows, and retrospective reviews). Skills and Experience: 2+ years of experience ...

previous pagenext page

Showing results 21-40

All JobsBacktesting JobsBacktesting Jobs in Schaumburg, IL

Backtesting information

See Schaumburg, IL salary details

$41.2K

$100.6K

$147.3K

How much do backtesting jobs pay per year?

As of Aug 20, 2026, the average yearly pay for backtesting in Schaumburg, IL is $100,591.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,000.00 and $116,900.00 per year, depending on experience, location, and employer.

What is backtesting?

Backtesting is the process of evaluating a trading strategy or investment model by applying it to historical market data. This helps traders and analysts see how the strategy would have performed in the past, which can provide insights into its potential effectiveness and risks. While backtesting can help identify strengths and weaknesses, it's important to remember that past performance is not always indicative of future results. The reliability of backtesting depends on data quality, strategy design, and how well it simulates real trading conditions.

What skills and qualifications are needed to thrive as a backtesting analyst?

To thrive as a Backtesting Analyst, you need a strong background in quantitative analysis, statistics, programming (typically in Python or R), and familiarity with financial markets, usually supported by a degree in mathematics, finance, or a related field. Proficiency with backtesting platforms (such as QuantConnect or Zipline), data analysis tools, and version control systems like Git is often required. Attention to detail, critical thinking, and strong problem-solving abilities are key soft skills that help ensure robust model evaluation and development. These skills are vital for accurately assessing trading strategies and minimizing risk in real-world financial applications.

What are common challenges faced when backtesting trading strategies, and how can they be managed?

One common challenge in backtesting trading strategies is the risk of overfitting, where a model performs exceptionally well on historical data but fails in live markets. Data quality and availability can also pose issues, as incomplete or inaccurate data may skew results. To manage these challenges, it's important to use out-of-sample testing, robust data cleaning processes, and to validate strategies on multiple datasets. Collaborating with quantitative analysts and developers can also help ensure the backtesting process is thorough and reliable.

What is the difference between Backtesting vs Quantitative Analyst?

AspectBacktestingQuantitative Analyst
Primary RoleTesting trading strategies using historical dataDeveloping and implementing quantitative models for investment decisions
Required SkillsData analysis, programming, finance knowledgeMathematics, programming, financial theory
Work EnvironmentTrading firms, hedge funds, financial institutionsAsset management firms, hedge funds, banks
CertificationsOften none required, but CFA or CQF helpfulCFA, CQF, or advanced degrees common

Backtesting focuses on evaluating trading strategies with historical data, while a Quantitative Analyst develops models to inform investment decisions. Both roles require strong analytical skills and finance knowledge but differ in scope and responsibilities.

What are popular job titles related to Backtesting jobs in Schaumburg, IL?

For Backtesting jobs in Schaumburg, IL, the most frequently searched job titles are:

What job categories do people searching Backtesting jobs in Schaumburg, IL look for?

The top searched job categories for Backtesting jobs in Schaumburg, IL are:

Backtesting jobs near you
Infographic showing various Backtesting job openings in Schaumburg, IL as of August 2026, with employment types broken down into 94% Full Time, and 6% Contract. Highlights an 76% In-person, 10% Hybrid, and 14% Remote job distribution, with an average salary of $100,591 per year, or $48.4 per hour.

Portfolio Manager

DV Trading

Chicago, IL

$200K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 14 days ago

Job description

About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

Overview:
DV Trading is seeking an experienced, high-performing trader to deploy and scale profitable strategies on a best-in-class proprietary platform. This role is designed for individuals with a demonstrated ability to generate alpha who are looking for greater autonomy, access to capital, and a high-performance environment without the constraints of traditional institutions.

The platform supports a wide range of experience levels-from highly established traders who operate independently end-to-end, to developing traders who may benefit from support in areas such as research, technology, or execution. Resources across quant research, engineering, and infrastructure are available to help accelerate strategy development and growth.

Job Responsibilities:

  • Independently manage and scale a proprietary trading strategy
  • Develop, refine, and optimize models, signals, and execution frameworks
  • Take full ownership of risk, positioning, and P&L
  • Leverage DV's technology, infrastructure, and support to expand your book
  • Collaborate with traders, quants, and engineers to enhance strategy performance

Requirements:

  • Minimum 2+ years of experience at a proprietary trading firm, hedge fund, or bank
  • Demonstrated, consistently profitable trading strategy (all asset classes considered)
  • Proven track record of live performance (beyond backtesting)
  • Strong return on capital (ROC)
  • Experience contributing to or leading successful trading teams
  • Ability to communicate effectively across functions, including leadership, risk, compliance, engineering, and legal

Benefits: 

  • Discretionary bonus eligibility
  • Medical, dental, and vision insurance
  • HSA, FSA, and Dependent Care Options
  • Employer Paid Group Term Life and AD&D insurance
  • Voluntary LTD, Life & AD&D insurance
  • Flexible Vacation policy
  • Retirement plan with employer match

Annual compensation range $100-200K base + profit share with meaningful upside

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV's posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.

Apply