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Data Researcher Jobs in Illinois (NOW HIRING)

Strong knowledge of data and statistical concepts; ability to synthesize multiple data sources (primary research, syndicated, behavioral data) * Proficient in survey development and managing research ...

Build and maintain robust data pipelines for research and live trading environments * Perform data analysis ad statistical modeling to identify patterns and inefficiencies in the market * Ensure the ...

We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to ... Conduct signal, alpha, and feature research to develop models that improve trading strategy ...

Candidates will be responsible for performing large scale data analysis, utilizing modern machine ... Conduct alpha / signal / feature research targeted at intraday futures trading strategies - from ...

Quantitative Researcher

Chicago, IL · On-site

$250K - $300K/yr

You will have access to clean data integrated with compute resources and the support of experienced researchers, traders and dedicated software developers. You will conduct quantitative analysis of ...

Candidates will be responsible for performing large scale data analysis, utilizing modern machine ... Conduct alpha / signal / feature research targeted at intraday futures trading strategies - from ...

The core of our effort is rigorous research into a wide range of market anomalies, fueled by our unparalleled access to a wide range of publicly available data sources. ROLE Entry-Level Quantitative ...

IMC Trading is seeking quantitative researchers with a proven track record to apply ... Manage data acquisition, preprocessing, and feature engineering for structured and unstructured ...

Machine Learning Researcher

Chicago, IL · On-site

$250K - $300K/yr

IMC Trading is seeking quantitative researchers with a proven track record to apply ... Manage data acquisition, preprocessing, and feature engineering for structured and unstructured ...

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Data Researcher information

See Illinois salary details

$29.1K

$109.6K

$159.4K

How much do data researcher jobs pay per year?

As of Aug 17, 2026, the average yearly pay for data researcher in Illinois is $109,598.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,900.00 and $149,200.00 per year, depending on experience, location, and employer.

What is a data researcher?

A Data Researcher is responsible for collecting, analyzing, and interpreting data to support business decisions, market research, or academic studies. They use various sources, such as databases, surveys, and reports, to gather relevant information. Data Researchers also clean and organize data, ensuring accuracy and reliability. Their work helps organizations identify trends, make informed decisions, and improve strategies based on data-driven insights.

What are the typical day-to-day responsibilities of a data researcher?

As a Data Researcher, your daily responsibilities usually involve gathering, cleaning, and analyzing large datasets, as well as creating reports and visualizations to present your findings. You may work closely with data scientists, business analysts, and subject matter experts to define research goals and ensure data accuracy. Regular tasks could also include monitoring trends, documenting sources, and communicating insights to various departments. This collaborative and investigative environment means you'll often balance independent work with team projects, fostering both technical and interpersonal skills.

What are the key skills and qualifications needed to thrive in the data researcher position, and why are they important?

To thrive as a Data Researcher, you need strong analytical skills, knowledge of statistics, and proficiency in data collection and analysis, often supported by a degree in a related field like statistics, mathematics, or computer science. Familiarity with tools such as Excel, SQL, Python, R, and data visualization platforms, as well as certifications in data science or analytics, is highly valuable. Attention to detail, curiosity, critical thinking, and effective communication make someone stand out in this position. These skills and qualities are crucial for accurately interpreting data, generating actionable insights, and effectively conveying findings to stakeholders.

Infographic showing various Data Researcher job openings in Illinois as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $109,598 per year, or $52.7 per hour.

Quantitative Researcher - Data Curation

IMC

Chicago, IL

Full-time

Re-posted 29 days ago


Job description

We are seeking a highly analytical and detail-oriented Quantitative Researcher to join our dynamic research team. The ideal candidate will have deep experience curating and analyzing a broad range of trading-related data sources-including traditional market data, fundamental datasets, and other vendor-supplied information. This role will contribute to the development of innovative trading strategies, support data-driven decision-making, and collaborate closely with trading, technology, and data acquisition teams.

Key Responsibilities:

  • Curate, cleanse, and validate large volumes of market data, focusing on US equity and equity options
  • Integrate, preprocess, and evaluate fundamental & alternative data sources
  • Work closely with data acquisition & global data team to assess data quality
  • Build and maintain robust data pipelines for research and live trading environments
  • Perform data analysis ad statistical modeling to identify patterns and inefficiencies in the market
  • Ensure the accuracy, completeness, and timeliness of datasets used in quantitative modeling.
  • Document research processes, data provenance, and results with high standards of clarity and reproducibility
  • Collaborate with software engineers and traders to translate research into production-grade models and tools
  • Conduct quantitative research and analysis to support and enhance trading strategies 

Required Skills & Experience:

  • 3+ years of experience in a quantitative research or data-focused role in financial markets, ideally in a systematic trading environment
  • Proven experience working with a diverse range of trading and financial data
  • Must have previous knowledge of options markets and experience working with options data
  • Hands-on experience integrating and analyzing non-market data sources is a plus
  • Strong understanding of data vendor landscape
  • Advanced proficiency in Python
  • Experience with databases (SQL) and handling large datasets efficiently
  • Familiarity with real-time data systems and tick-level data processing
  • Familiarity with statistical and machine learning techniques
  • Exceptional attention to detail and a systematic approach to problem-solving
  • Strong written and verbal communication skills

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