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Financial Math Jobs in Illinois (NOW HIRING)

National Louis University

Math Specialist

Chicago, IL · On-site

Tutoring or teaching math at the high school or college level (quantitative reasoning, financial math, statistics, algebra, geometry, etc.) * Experience with digital tools for education * Experience ...

Cross Country Education

Math Teacher

Glenwood, IL · On-site

$36.10 - $36.90/hr

Help students build confidence in math and develop lifelong problem-solving skills! Join Cross ... financial goals. * Work-Life Balance: Enjoy a consistent 37.5-hour workweek and the peace of mind ...

Education Career Page

Teacher - Math/Science

Elgin, IL · On-site

$46K - $61K/yr

... Finance, Entrepreneurship, Business Principles, or related courses). The Mathematics Teacher supports the mission of St. Edward CCHS by integrating faith, reason, and moral development into ...

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Financial Math information

What is financial math?

Financial math, also known as financial mathematics or quantitative finance, is the study of mathematical methods and models used to solve problems in finance. This field applies concepts from probability, statistics, and calculus to analyze financial markets, price financial instruments such as stocks and derivatives, and manage risk. Professionals in financial math work in areas like investment banking, risk management, and financial engineering, helping organizations make data-driven decisions. A solid background in mathematics, finance, and computer programming is typically required for success in this field.

What is the difference between Financial Math vs Quantitative Analyst?

AspectFinancial MathQuantitative Analyst
Required CredentialsDegree in Mathematics, Finance, or related field; often certifications like CFA or FRMDegree in Mathematics, Finance, or related field; often certifications like CFA or FRM
Work EnvironmentFinancial institutions, investment firms, risk management departmentsInvestment banks, hedge funds, asset management firms
Industry UsageUsed for risk modeling, financial product development, quantitative researchUsed for trading strategies, risk assessment, financial modeling

Financial Math and Quantitative Analyst roles share similar educational backgrounds and certifications, often working in financial institutions. However, Financial Math focuses more on developing mathematical models for risk and pricing, while Quantitative Analysts typically engage in trading strategies and financial analysis. Both roles are integral to the finance industry but serve different primary functions.

What does a financial mathematician do?

A financial mathematician applies mathematical models and quantitative techniques to analyze financial markets, assess risk, and develop investment strategies. They often work with tools like calculus, statistics, and programming languages such as Python or R, typically in finance, banking, or investment firms. Strong analytical skills and knowledge of financial theories are essential for this role.

Is financial math a good career?

Financial math is a strong career choice for those interested in quantitative analysis, risk management, and financial modeling. It typically requires strong mathematical skills, proficiency with tools like Excel and programming languages, and often a degree in mathematics, finance, or related fields. The field offers competitive salaries and opportunities in banking, investment firms, and insurance companies.

What are the key skills and qualifications needed to thrive in a Financial Math role, and why are they important?

Excelling in a Financial Math role requires a strong background in mathematics, statistics, finance, and typically a relevant degree such as finance, mathematics, or economics. Familiarity with financial modeling tools, programming languages like Python or R, and software such as Excel or MATLAB is commonly expected. Analytical thinking, problem-solving abilities, and effective communication are crucial soft skills that distinguish top performers. These competencies enable professionals to analyze complex financial data, model risk, and provide actionable insights for sound financial decision-making.

What are the typical challenges faced by professionals working in Financial Math roles, and how can they be addressed?

Professionals in Financial Math often encounter challenges such as interpreting complex datasets, managing rapidly changing market conditions, and ensuring the accuracy of quantitative models. Staying current with financial regulations and advancements in modeling techniques is also essential. Addressing these challenges requires continuous learning, effective collaboration with cross-functional teams (like risk management and IT), and leveraging advanced analytical tools. Building strong communication skills is equally important, as conveying technical findings to non-technical stakeholders is a frequent part of the role.

What jobs can you get with financial math?

With a background in financial math, common jobs include financial analyst, quantitative analyst, risk manager, investment analyst, and actuary. These roles often require strong analytical skills, proficiency in programming and statistical tools, and knowledge of financial markets and models.

What can you do with a financial math degree?

A financial math degree prepares individuals for roles such as financial analyst, risk manager, quantitative analyst, or actuary. These positions involve analyzing financial data, developing models, and using tools like Excel and programming languages such as Python or R. The degree provides a strong foundation in mathematics, finance, and data analysis essential for these careers.
What are popular job titles related to Financial Math jobs in Illinois? For Financial Math jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Financial Math jobs in Illinois look for? The top searched job categories for Financial Math jobs in Illinois are:
Financial Math jobs near you
Infographic showing various Financial Math job openings in Illinois as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, 2% Contract, and 1% Nights. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution.
Math Specialist

Math Specialist

National Louis University

Chicago, IL • On-site

Part-time

Medical, Retirement, PTO

Posted 25 days ago

Job description

Overview
Who We Are:
National Louis is a 135+ year old university that has been grounded in the values of innovation, access, excellence, and equity from its inception. As an institution, we believe in providing access to educational opportunity and that education is our greatest lever for social and economic mobility. We are a student-focused community that is committed to continuous improvement and superior student service. We believe that through education we are able to empower change and build healthy communities. Our hard-working community is based on collaboration and respect for all team members and students.
What You Will Do:
The Undergraduate Math Specialist is a unique role that combines tutoring, academic coaching, case management, and close collaboration with instructors. Specialists work as part of the Developmental Education program within the Undergraduate College, and typically provide support for students taking their required General Education courses.
This is a part-time position of approximately 16-20 hours per week, with scheduled time occurring primarily during daytime classes (9am-4pm).
Essential Responsibilities
  • Tutoring and Academic Coaching
    • Provide one-on-one and small-group academic support, including informal assessment, feedback, modeling, and guidance
    • Design and implement tailored academic support plans that harness student strengths and foster independent learning
    • Employ responsive practices and support student development of metacognitive strategies
    • Build authentic relationships based on trust, awareness, emotional intelligence, and mutual accountability
    • Ensure that all students feel comfortable and confident in advocating for the supports that will help them to thrive academically
  • Case Management and Student Tracking
    • Monitor student progress using academic performance indicators and engagement patterns to identify students most likely to benefit from early intervention
    • Maintain detailed and timely case notes, tracking support provided and outcomes over time
    • Make referrals and share information thoughtfully, ethically, and in adherence to all protocols and policies
    • Respond to student support requests in an effective and timely manner
  • Instructional Partnership and Faculty Collaboration
    • Approach work with instructors using a "conspire and align" approach (rather than a hierarchical command model) to support shared student success goals
    • Regularly confer with classroom instructor to share insights into student progress and help instructors adapt facilitation
  • Program Coordination and Team Collaboration
    • Engage in regular team meetings to review curriculum, reflect on teaching practices and data, and plan impactful student supports
    • Coordinate with partners and teams to connect students with resources and to share information that will better inform work in the program and at the university
    • Participate in professional development and training

Qualifications
  • Relationship building
    • You connect with people from many different backgrounds. You find (and even create) opportunities to deepen connections and build authentic, mutual relationships with students and team members, and can do this across lines of difference, such as race or other identities.
  • Continuous learning
    • You learn and adopt new tools, technologies, and pedagogical approaches to enhance your work.
    • You approach work with students from a place of curiosity and active "not knowing." You gain in-depth knowledge of students, including their backgrounds, experiences, interests, strengths, and challenges, and you leverage this knowledge to provide effective differentiated academic support and tutoring.
  • Equity at the center
    • You can recognize ways in which positionally, power, and history may affect our efforts to provide academic support, and you strive to make our work more responsive, inclusive, and celebratory.
  • Academic coaching and modeling
    • You make it your mission to support students in their academic development. You communicate high expectations and hold students accountable. You skillfully provide direction and take the time to offer clear, useful, and actionable feedback. You lead by example and motivate students to take action and meet goals.
  • Produces compelling written and digital materials
    • Aims for clarity, "usability," and attention to detail. Organizes and shares information effectively - whether writing an email, providing feedback to students, or creating materials for someone else to use.

EXPERIENCE AND/OR EDUCATION
  • Bachelor's Degree in Math, Math Education, or related field.
  • Tutoring or teaching math at the high school or college level (quantitative reasoning, financial math, statistics, algebra, geometry, etc.)
  • Experience with digital tools for education
  • Experience collaborating on a team towards a shared set of goals
  • Experience tutoring or teaching students of diverse backgrounds and abilities, preferred.
  • Experience tutoring or teaching multilingual or multidialectal students, preferred.
  • Experience collaborating in a classroom or tutoring center, preferred.
  • Bilingual or multilingual, preferred

NLU UNDERGRADUATE COLLEGE CORE COMPETENCIES
  • Student-Focused: Make decisions based on what is best for students with the belief that when all students have access, resources and support, they are empowered to achieve success.
  • Expect Excellence: Hold high expectations for our students and for the adults to serve them and hold ourselves accountable for achieving excellence.
  • Personalized Support: Take a holistic approach to providing individualized support that encourages students to realize their full potential in college and beyond.
  • Data-Driven, Collaborative Environment: Work together as a unified team, utilizing real-time data and technology to adapt to student needs.
  • Continuous Improvement and Innovation: Remain agile and open to changes and new ideas-incorporating data as well as student, faculty and administration voice-to ensure that we are continuously learning, improving, and innovating in all aspects of the student experience.

NLU Inclusion Statement:
National Louis University is deeply committed to serving its community, advancing access and equity, and ensuring that all individuals are welcomed and valued. We are dedicated to fostering a culture where diversity, equity, and inclusion remain at the core of who we are. These are more than just words to us: they are truly a way of life for the NLU community. We recognize that differences in abilities, age, ethnicity, gender (identity and expression), race, religion, sexual orientation, socio-economic status, and background bring richness to our work environment. We affirm diverse perspectives, innovative contributions, and authentic presentations of self from every member within the NLU community. We believe inclusion is grounded in the actions we intentionally take each day. Our goal is to inspire and empower NLU employees and community members to cultivate an environment where we collectively focus on uplifting and advancing our institutional culture.
Compensation and Benefits
At National Louis University, we offer our employees an innovative environment to work together and inspire the ideas that will make an impact. As our external environment changes, our employees are provided the opportunities and tools needed to grow both personally and professionally to remain successful. NLU part-time staff are offered a wide range of benefits, including but not limited to, Health Insurance benefits, Retirement benefits, and Paid Time Off. Additional information regarding part-time staff benefits can be found here.
The salary range of the grade for this position is $21.88 to $30.64 per hour (typical workweek for this part-time position is 16-20 hours per week). Compensation decisions are dependent upon the facts and circumstances of each position and candidate. Offers are based on multiple factors permitted by law, including but not limited to: budgetary considerations, job-related knowledge/skills, experience, market considerations, tenure and standing with the university (applicable to current employees), and internal equity.
Application Instructions
Please include the following along with your application:
  • Resume (Required)
  • Cover Letter (Optional)
  • Current NLU employees please also submit an Internal Posting Form

Apply