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Java Quant Developer Jobs in Mundelein, IL (NOW HIRING)

Quantitative Trader

Chicago, IL ยท On-site

$150K - $200K/yr

Quantitative Traders not only become experts in trading technology and its interaction with the ... Programming experience is required (Python, SQL, Java or C++ are a plus). * The ability to ...

Quantitative Researcher (ETFs)

Chicago, IL ยท On-site

$170K - $300K/yr

... quant team and be expected to have an entrepreneurial mindset. Responsibilities * Investigate ... Programming skills in Python is a must and experience with VBA, R, Matlab, Java would be a good ...

Collaborate with engineering, trading, quantitative research, operations, and data teams across the ... Strong development skills in Java and/or Python * Experience building and supporting production ...

Collaborate with Traders, Quant Researchers and other Engineers both locally and globally * Develop ... Proficiency in a programming language is required (Java or C++ preferred) * Strong analytical ...

Collaborate with Traders, Quant Researchers and other Engineers both locally and globally * Develop ... Proficiency in a programming language is required (Java or C++ preferred) * Strong analytical ...

Showing results 21-40

Java Quant Developer information

See Mundelein, IL salary details

$15

$57

$79

How much do java quant developer jobs pay per hour?

As of Aug 20, 2026, the average hourly pay for java quant developer in Mundelein, IL is $57.88, according to ZipRecruiter salary data. Most workers in this role earn between $50.05 and $64.81 per hour, depending on experience, location, and employer.

What is a Java quant developer?

A Java Quant Developer is a software engineer who specializes in developing quantitative models and trading systems using the Java programming language. They work closely with quantitative analysts (quants) to implement mathematical models that help financial firms make trading decisions, manage risk, and analyze large datasets. Their responsibilities typically include designing, coding, testing, and optimizing high-performance applications for financial markets. A strong background in mathematics, finance, and computer science is usually required, along with expertise in Java and related technologies.

How does a Java quant developer typically collaborate with quantitative analysts and traders within a financial firm?

As a Java Quant Developer, you will work closely with quantitative analysts (quants) and traders to translate complex mathematical models into robust, efficient code. Collaboration often involves frequent discussions to clarify model specifications, optimize algorithms for speed, and ensure accurate integration with trading platforms. You'll participate in code reviews, daily stand-ups, and sometimes even sit on the trading floor to gain firsthand insights into how your solutions impact trading strategies. This close teamwork helps ensure that models are delivered quickly and perform reliably in real-market conditions.

What are the key skills and qualifications needed to thrive as a Java quant developer, and why are they important?

To thrive as a Java Quant Developer, you need strong programming skills in Java, a solid grasp of quantitative finance, and typically a degree in computer science, mathematics, or a related field. Familiarity with financial libraries, statistical analysis tools, and experience using version control systems like Git are commonly expected, along with knowledge of databases such as SQL. Exceptional analytical thinking, problem-solving ability, and effective communication skills help you collaborate with traders and other stakeholders. These capabilities ensure the development of robust, efficient trading solutions that meet complex financial requirements and perform reliably in high-stakes environments.

What are popular job titles related to Java Quant Developer jobs in Mundelein, IL?

For Java Quant Developer jobs in Mundelein, IL, the most frequently searched job titles are:

Infographic showing various Java Quant Developer job openings in Mundelein, IL as of August 2026, with employment types broken down into 79% Full Time, 3% Part Time, and 18% Contract. Highlights an 81% Physical, 4% Hybrid, and 15% Remote job distribution, with an average salary of $120,397 per year, or $57.9 per hour.

Senior Software Developer - Python

Interactive Brokers

Chicago, IL โ€ข On-site

$125K - $168K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 22 days ago


Job description

Company Overview
Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.
IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.
Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.
This is a hybrid role (3 days in the office/2 days remote).
About your team:
The Financial Crimes Surveillance team develops and maintains sophisticated systems that detect and prevent fraud, market manipulation, and money laundering across Interactive Brokers' global platform. In this role, you'll architect, implement, optimize, and maintain large-scale data pipelines and surveillance models that process massive volumes of financial data. The team consists of software engineers, data engineers, compliance specialists, and data scientists working on mission-critical infrastructure that directly protects the integrity of the financial system.
The Scale & Impact:
  • Process 1+ billion order events and 6+ million trades daily
  • Protect 4.5+ million client accounts
  • Direct impact on financial security and regulatory compliance

What will be your responsibilities within IBKR:
Technical Excellence
  • Design, optimize, and extend transaction surveillance and data pipeline processes to enhance system efficiency, reliability, and scalability
  • Navigate seamlessly between strategic, system-level architecture and function-level implementation details of our surveillance system, which orchestrates 150+ processes
  • Optimize data architectures and databases for maximum performance and reliability
  • Build developer tooling to accelerate development workflows and system monitoring
  • Ensure data accuracy, security, and compliance with regulatory standards

Ownership and Cross-Functional Partnership
  • Take ownership of projects and sub-systems from planning through resolution, making impactful decisions on complex technical and business-related questions
  • Collaborate effectively with quantitative engineers, surveillance model developers, and Compliance stakeholders to translate complex business requirements into scalable designs and processes
  • Identify project bottlenecks, risks, and limitations; calculate costs; and provide strategic insights to stakeholders
  • Transform high-level surveillance concepts into production-ready processes that deliver actionable insights

Data Architecture & Stewardship
  • Own and curate dozens of mission-critical datasets that drive surveillance operations
  • Design, build, and automate robust data pipelines to support real-time and batch processing
  • Develop advanced data quality frameworks to proactively identify issues before they impact operations

Innovation & Optimization
  • Contribute to the evolution of coding standards and internal code review processes
  • Drive best practices in data storage, retrieval, governance, and privacy protection
  • Drive automation of processes and workflows to reduce manual effort and enhance system maintainability

Which skills are required:
  • 5+ years of professional software engineering experience in Python, C++ or Java
  • 3+ years of professional experience in Python as a primary language (non-scripting)
  • Extensive experience in Polars, Pandas or NumPy
  • 1-3 years of professional experience with Linux operating systems
  • Thorough understanding of databases and SQL
  • Experience with large Python codebases
  • Bachelor's or master's degree in Computer Science, or a related area
  • High attention to detail

Good to Have:
  • Experience with data engineering or ETL pipelines
  • Knowledge of finance
  • Knowledge of C++ or Java
  • Masters/PhD

To be successful in this position, you will possess the following:
  • Self-motivated and able to handle tasks with minimal supervision.
  • Superb analytical and problem-solving skills.
  • Excellent collaboration and communication (Verbal and written) skills.
  • Outstanding organizational and time management skills.

Company Benefits & Perks
  • Competitive salary, annual performance-based bonus and stock grant
  • Retirement plan 401(k) with competitive company match
  • Excellent health and wellness benefits, including medical, dental, and vision benefits, and a company-paid medical healthcare premium.
  • Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)
  • Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snacks
  • Corporate events, including team outings, dinners, volunteer activities and company sports teams
  • Education reimbursement and learning opportunities
    This role's anticipated base salary range is 200,000 to 250,000 annually based on skill's and experience. The offered salary is just part of the total compensation package. In addition to a competitive salary, the company offers both a discretionary cash bonus and stock award as well as a wide range of benefits, including health care, tuition reimbursement and much more