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Entry Level Quantitative Risk Modeler Jobs in Chicago, IL

Quant

Chicago, IL · On-site

$150K - $250K/yr

Our team has extensive, global experience in a wide variety of asset classes, risk management, and ... models in a low latency trading environment * Strong multi-tasking skills, including the ability to ...

Quant

Chicago, IL

$150K - $250K/yr

Our team has extensive, global experience in a wide variety of asset classes, risk management, and ... models in a low latency trading environment * Strong multi-tasking skills, including the ability to ...

Audit Project Manager - Model Risk

Chicago, IL · On-site

$107K - $140K/yr

This role does not require quantitative or modeling expertise. Instead, it requires strong audit ... Considerable experience taking a risk-based, solutions-oriented approach to audit execution and ...

Develop and maintain detailed credit risk models and tools. * Conduct advanced data analysis to ... Strong analytical and quantitative skills. * Proficiency in SQL and Python. * Excellent ...

Associate Quantitative Analyst

Chicago, IL · On-site

$70K - $103K/yr

The Analytics Group is divided into seven Service Groups (Risk, Equity, Fixed Income, Managed ... Job responsibilities: * Ensure the integrity and timeliness of model output, as well as the ...

Sr. Business Analyst - US Card

Chicago, IL · On-site

$95K - $123K/yr

... risk models, and testing hypotheses using rigorous monitoring and analysis * Execution: Involve ... Conceptual thinking skills must be complemented by a strong quantitative orientation, given that a ...

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Entry Level Quantitative Risk Modeler information

See Chicago, IL salary details

$101K

$174.8K

$267.3K

How much do entry level quantitative risk modeler jobs pay per year?

As of Jun 28, 2026, the average yearly pay for entry level quantitative risk modeler 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.
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Quantitative Trader Intern

Quantitative Trader Intern

TransMarket Group

Chicago, IL

Full-time, Internship

Posted 25 days ago


Job description

Who We Are

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.

TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.

Description

Our Quantitative Traders are passionate about improving the global economy by facilitating risk transfer and restoring order to prices. As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first hand in all facets of trading. The ideal candidate is intellectually curious, competitively driven, and has a disciplined appetite for risk.

Responsibilities

  • Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
  • Build and maintain quantitative model tools and analytics
  • Actively learn and analyze real-time trades
  • Engage in formal internship classroom-style education programs and research projects

Requirements

  • Pursuing a Bachelor's, Master's, or Doctorate degree in a technical or industry related field such as but not limited to mathematics, statistics or financial engineering with a graduation date between December 2027 and Spring 2028
  • Proficiency in Python programming required (1-2 years of experience)
  • Required math coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability and Advanced Statistics
  • Minimum major GPA of 3.5/4 or equivalent scale
  • Demonstrated passion for markets, finance, and trading such as but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred
  • This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to help prepare for the interview process.

Benefits

We offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.

TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.