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Hedge Fund Machine Learning Jobs in Illinois (NOW HIRING)

Optiver

Senior Equity Analyst

Chicago, IL · On-site

$200K/yr

... hedge fund * Proven track record of owning sector coverage and generating differentiated ... Passionate about the markets, adaptable, and driven by impact and continuous learning * Comfortable ...

Quant Blueprint LLC

Quantitative Trading Intern

Chicago, IL · On-site

$175 - $275/hr

We design, develop, and deploy technologies that change our world, fund start-ups across industries ... Researchers lean heavily on statistical analysis, machine learning, and data engineering skills ...

New

Jump Trading

$300K/yr

We design, develop, and deploy technologies that change our world, fund start-ups across industries ... Outstanding skills in computer science, machine learning, statistics, and mathematics * Competitive ...

New

Old Mission

Systematic Equity Options Trader

Chicago, IL · On-site +1

$170K - $250K/yr

Manage portfolio risk through systematic hedging and position management * Analyze market ... Experience with statistical analysis, machine learning, and quantitative modeling techniques * Must ...

Tata Consultancy Service Limited

AI Engineer

Chicago, IL · On-site

$120K - $130K/yr

Must Have Technical/Functional Skills Data science; statistical modeling; machine learning ... Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing. #LI-SP1

Jump Trading

$300K/yr

We design, develop, and deploy technologies that change our world, fund start-ups across industries ... We are seeking research scientists with a demonstrated ability to apply machine learning to achieve ...

New

Equiforte

Senior ML Engineer

Chicago, IL · On-site

$120 - $160/hr

As a Senior ML Engineer at Equiforte, you will develop, train, and deploy the machine learning ... fund administrator reports, portfolio company financials, and limited partnership agreements

New

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Showing results 21-40

All JobsHedge Fund Machine Learning JobsHedge Fund Machine Learning Jobs in Illinois

Hedge Fund Machine Learning information

See Illinois salary details

$24.7K

$41.3K

$85.3K

How much do hedge fund machine learning jobs pay per year?

As of Sep 3, 2026, the average yearly pay for hedge fund machine learning in Illinois is $41,265.00, according to ZipRecruiter salary data. Most workers in this role earn between $31,500.00 and $44,600.00 per year, depending on experience, location, and employer.

What is a hedge fund machine learning?

A Hedge Fund Machine Learning job involves applying data science, artificial intelligence, and quantitative modeling techniques to improve trading strategies, risk management, and portfolio optimization. Professionals in this role develop and implement machine learning algorithms to analyze financial data, identify patterns, and generate predictive models for market behavior. They work closely with portfolio managers, traders, and quantitative researchers to enhance decision-making and generate alpha. Strong programming skills, expertise in statistics, and knowledge of financial markets are essential for success in this field.

What are the key skills and qualifications needed to thrive in hedge fund machine learning?

To thrive in a Hedge Fund Machine Learning role, you need a strong background in quantitative analysis, statistics, programming (often in Python or R), and machine learning, typically supported by a degree in mathematics, computer science, or a related field. Proficiency with data analysis libraries (like pandas, NumPy), machine learning frameworks (such as TensorFlow or scikit-learn), and experience with financial data sets or platforms is highly valuable. Effective communication, collaboration, and a strong problem-solving mindset are crucial soft skills in this role. These competencies are essential to designing and implementing robust trading models, navigating complex data, and working efficiently in a fast-paced, team-driven environment.

What are the typical projects or challenges a hedge fund machine learning professional may encounter?

As a Hedge Fund Machine Learning professional, you may work on projects involving the development of predictive models for market movements, portfolio optimization, anomaly detection, or automated trading strategies. Common challenges include sourcing high-quality financial data, managing noisy or incomplete information, and ensuring that models remain robust in dynamic market conditions. Additionally, you will often collaborate with portfolio managers, data engineers, and other quant researchers to translate model insights into actionable investment strategies. Overcoming these challenges requires both technical expertise and adaptability, offering significant opportunities for career growth and impact within the fund.

What are popular job titles related to Hedge Fund Machine Learning jobs in Illinois?

For Hedge Fund Machine Learning jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Hedge Fund Machine Learning jobs in Illinois look for?

The top searched job categories for Hedge Fund Machine Learning jobs in Illinois are:

What cities in Illinois are hiring for Hedge Fund Machine Learning jobs?

Cities in Illinois with the most Hedge Fund Machine Learning job openings:

Hedge Fund Machine Learning jobs near you
Infographic showing various Hedge Fund Machine Learning job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 59% Full Time, 39% Part Time, and 1% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $41,265 per year, or $19.8 per hour.

Senior Equity Analyst

Optiver

Chicago, IL • On-site

$200K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 27 days ago

Job description

As a Senior Equity Analyst, you'll sit directly on the trading desk, influencing real-time decisions and shaping positions with direct P&L impact. This is not a traditional equity research role - your work will be used in live trading environments where speed, adaptability, and commercial judgement are critical.
You'll bring strong experience owning sector coverage, along with a keen understanding of how fundamentals drive short-term price action and volatility. While we are open to candidates from any sector background, you should be comfortable applying your framework across new names and situations.
This is a high-impact role designed for analysts who thrive in fast-paced, collaborative environments - and who are eager to apply their market-making instincts, short-horizon research, and option-aware thinking to drive tangible results.
What you'll do
As a Senior Equity Analyst, your key responsibilities include:
  • Leverage fundamental, event-driven, and short-term catalysts to create an orthogonal trading revenue stream expressed via the analyst book identify and evaluate trading opportunities
  • Partner with traders to help optimize analyst and market making positions, directly owning risk in both the analyst and market making books
  • Support market making desk with general insights that improve day-to-day trading decisions
  • Perform scenario and sensitivity analyses for upcoming events and corporate developments, assessing their potential impact on both equity and volatility
  • Translate research insights into actionable strategies across equities and options
  • Contribute to process improvements and knowledge sharing across the analyst team, refining how fundamental insights are monetized in a market-making context
  • Mentor junior analysts and support the continued growth of the equity research function

What you'll get
  • The opportunity to work alongside best-in-class professionals from over 40 different countries
  • Highly competitive compensation package
  • Global profit-sharing pool and performance-based bonus structure
  • 401(k) match up to 50%
  • Comprehensive health, mental, dental, vision, disability, and life coverage
  • 25 paid vacation days alongside market holidays
  • Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sporting leagues and more

Who you are
  • 5+ years of experience as an equity analyst, within a market-making environment, proprietary trading firm, or event-driven / trading-oriented hedge fund
  • Proven track record of owning sector coverage and generating differentiated, actionable insights
  • Strong understanding of how fundamentals translate into short-term price moves and volatility
  • Experience working closely with trading desks or in fast-feedback, P&L-driven environments
  • Comfortable applying your research process across sectors, with the ability to quickly build conviction on new names
  • Familiarity with options and volatility dynamics, or a strong interest in developing this expertise
  • Highly analytical with strong problem-solving skills; thrives in fast-moving, information-rich environments
  • Clear communicator who proactively shares views and collaborates effectively with traders and researchers
  • Passionate about the markets, adaptable, and driven by impact and continuous learning
  • Comfortable working with large data sets and building scalable, repeatable processes

Who we are
At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilizing the market no matter the conditions. With a focus on continuous improvement, we prioritize safeguarding the health and efficiency of the markets for all participants. As one of the largest market making institutions, we are a respected partner on 100+ exchanges across the globe.
Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.
Below is the expected base salary for this position. This is a good-faith estimate of the base pay scale for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for a discretionary bonus (if determined by Optiver) and Optiver's benefits package with the benefits listed above.
Base Salary Range
$200,000-$200,000 USD

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