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Entry Level Quant Developer Jobs in Chicago, IL (NOW HIRING)

Point72

Cubist Quantitative Researcher

Chicago, IL · On-site

ROLE Entry-Level Quantitative Researchers are responsible for conducting rigorous quantitative ... Programming in Python (or comparable language) and working knowledge of SQL * Strong analytical and ...

Maven

Graduate Developer Programme Chicago 2027

Chicago, IL · Hybrid

$140K - $170K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Graduate Developer Program Chicago 2027 Maven Securities is a leading proprietary trading firm that leverages sophisticated technology and quantitative analysis to trade in global financial markets.

Maven

Graduate Developer Programme Chicago 2027

Chicago, IL · On-site

$140K - $170K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Graduate Developer Program Chicago 2027 Maven Securities is a leading proprietary trading firm that leverages sophisticated technology and quantitative analysis to trade in global financial markets.

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All JobsQuant Developer JobsEntry Level Quant Developer JobsEntry Level Quant Developer Jobs in Chicago, IL

Entry Level Quant Developer information

See Chicago, IL salary details

$101K

$174.8K

$267.3K

How much do entry level quant developer jobs pay per year?

As of Aug 17, 2026, the average yearly pay for entry level quant developer in Chicago, IL is $174,845.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,600.00 and $205,000.00 per year, depending on experience, location, and employer.

What is an entry level quant developer?

Entry level quant developers are professionals who use mathematical models, programming, and data analysis to help financial institutions make trading decisions or manage risk. They typically work with large datasets and implement algorithms in programming languages like Python, C++, or Java. While entry level roles may focus more on coding and supporting senior quants, they provide a strong foundation in both finance and technology. These roles often require strong analytical skills, basic financial knowledge, and proficiency in at least one programming language.

What are the key skills and qualifications needed to thrive as an entry level quant developer?

To thrive as an Entry Level Quant Developer, you need strong quantitative skills, programming proficiency (such as Python, C++, or Java), and a background in mathematics, statistics, or a related field. Familiarity with financial modeling tools, statistical analysis software, and version control systems like Git is often required. Analytical thinking, attention to detail, and effective communication are crucial soft skills for collaborating with teams and translating complex data into actionable insights. These skills and qualities are essential for developing robust quantitative models and supporting data-driven decision-making in fast-paced financial environments.

What are some typical challenges faced by entry level quant developers when transitioning from academia to a professional finance environment?

Entry level quant developers often find the transition from academic settings to professional finance environments challenging due to the fast-paced nature of the industry and the need for effective collaboration with traders, analysts, and senior developers. In addition to applying their quantitative and programming skills, new hires must quickly adapt to production-level coding standards, version control systems, and the need for rigorous code reviews. Time-sensitive problem-solving and balancing multiple projects are common, making communication and prioritization essential skills. Proactively seeking mentorship and being open to feedback can significantly ease this transition and foster professional growth.

What is the difference between Entry Level Quant Developer vs Quant Analyst?

AspectEntry Level Quant DeveloperQuant Analyst
Required CredentialsBachelor's in Math, CS, or Finance; programming skillsBachelor's or Master's in Finance, Economics, or Math; strong analytical skills
Work EnvironmentFinancial firms, hedge funds, trading desks; coding-focusedFinancial institutions, asset management; analysis and modeling
Employer & Industry UsageCommon in trading firms, hedge funds, investment banksPrevalent in asset management, hedge funds, banks

While both roles involve quantitative skills, Entry Level Quant Developers focus on coding and implementing trading algorithms, whereas Quant Analysts primarily analyze data and develop financial models. The roles often overlap but differ mainly in their core responsibilities and daily tasks.

What are the most commonly searched types of Quant Developer jobs in Chicago, IL?

The most popular types of Quant Developer jobs in Chicago, IL are:

What are popular job titles related to Entry Level Quant Developer jobs in Chicago, IL?

For Entry Level Quant Developer jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Entry Level Quant Developer jobs in Chicago, IL look for?

The top searched job categories for Entry Level Quant Developer jobs in Chicago, IL are:

Entry Level Quant Developer jobs near you
Infographic showing various Entry Level Quant Developer job openings in Chicago, IL as of August 2026, with employment types broken down into 88% Full Time, and 12% Part Time. Highlights an 100% In-person job distribution, with an average salary of $174,845 per year, or $84.1 per hour.

Quant Trading Associate - 2027 Start

CTC Campus - External, Not Advertised

Chicago, IL

Full-time

Posted 15 days ago

Job description

Are you excited by the opportunity to be part of a dynamic trading environment that values teamwork and collaboration? Do you thrive in an innovative atmosphere? If so, we encourage you to consider Chicago Trading Company! 

The Role 

The Quant Trading Associate (QTA) role is our entry-level position within our Trading and Quant organization and gives you broad exposure to the whole business as you work towards graduating from the Associate Program and assuming a role as a Quant Trader or Quant Researcher.

As a QTA, you will work in a high-impact role as a member of a trading or quantitative team. You will play a vital part in identifying trading opportunities and impacting your team through dynamic problem solving - including trade execution, strategy formulation, back-testing, data analysis, and the modeling and pricing of traded financial derivatives - while communicating with traders, risk managers, software engineers, and quants throughout the trading day. You will learn all aspects of the trading and quant operation and work towards a role that generates trading revenue or drives strategy development for the team. In addition to the trading and quantitative side of the business, you will have exposure to technology through our combined trading and technology curriculum.

We encourage competitiveness and collaboration in equal measure and strive to better each other to win as one team.

What to Expect 

Due to the dynamic nature of this business, we cultivate an environment of continuous learning and growth through an in-house education department. Through formal classroom work, mock trading, and real-time practical exposure, you will gain a holistic introduction to the derivatives market while sharpening your quantitative skillset. You can expect:

  • An introduction to options pricing, theory, trading philosophies, and programming courses
  • Exposure to different product areas and responsibilities
  • One-on-one mentorship from senior members in the firm
  • Opportunities to grow quickly and start making autonomous trading decisions
  • Participation in data-driven research for the purpose of alpha generation

What it takes for you to be successful: 

  • You have a competitive drive and are a highly motivated individual that only gets stronger as part of a collaborative team
  • An aspiration to collaborate with traders, quants, developers, and other experts to further CTC's goal of providing world class liquidity to financial markets
  • You love solving complex problems
  • You're intellectually curious and like to challenge the status quo
  • You can effectively communicate sophisticated ideas both written and verbally
  • Strong quantitative and analytical abilities
  • Basic programming skills or a willingness to learn Python
  • No prior experience in finance is necessary, but a deep curiosity and a hunger to learn is essential

Key requirements: 

  • Pursuing a Bachelor's or Master's degree. All majors and concentrations welcome. 
  • You will graduate between December 2026-June 2027 
  • You have a demonstrated record of success (academics, awards, etc.) 
  • You are willing to relocate to Chicago, IL  

Why should you consider a career at CTC? 

  • Be part of a fast-growing, industry-leading global trading company
  • Work in an environment that actively explores and applies emerging technologies - including AI - to enhance trading, engineering, and research workflows
  • Opportunity to work with and learn from forward-thinking leaders in our industry
  • Experience innovation, teamwork, and fun while working in an intellectually stimulating environment
  • Join an ambitious, collaborative workplace where there is no limit to what you can learn and what you will be able to contribute
  • Excellent growth potential
  • Competitive pay and comprehensive benefits package including free breakfast and lunch (and healthy snacks of course!) as well as a fitness center membership

Apply