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Junior Algorithmic Trading Quant Jobs in Illinois

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ...

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ...

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ...

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Assisting quantitative traders in performing research for new trading strategies Requirements ...

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Assisting quantitative traders in performing research for new trading strategies Requirements ...

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Assisting quantitative traders in performing research for new trading strategies Requirements ...

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex ... trading financial products (e.g options, futures) * Strong analytical, quantitative, and math ...

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex ... trading financial products (e.g options, futures) * Strong analytical, quantitative, and math ...

Junior Trader

Chicago, IL

$69K - $89K/yr

Junior Trader ID: 1023 Location: Chicago More about this job > Description SG is a boutique ... Your research is directly applied to low latency, algorithmic trading strategies. At SG, merit ...

Senior Algorithmic Trader

Chicago, IL · On-site

$180 - $300/hr

Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ... Mentor Junior Traders and promote their learning on the desk * Help steer recruitment initiatives ...

Junior Trader

Chicago, IL · On-site

$69K - $89K/yr

As a Junior Trader you will perform detailed research in the financial markets with the use of ... Your research is directly applied to low latency, algorithmic trading strategies. At SG, merit ...

Algorithmic Trader Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

You will work closely with Junior and Senior Traders to assist and learn all facets of automated ... Build and maintain trading quantitative model tools and analytics * Learn and master programming ...

Algorithmic Trader Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

You will work closely with Junior and Senior Traders to assist and learn all facets of automated ... Build and maintain trading quantitative model tools and analytics * Learn and master programming ...

What you'll do: • Design and optimize systematic options trading strategies using quantitative research and machine learning techniques • Build and refine algorithmic trading models from ideation ...

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Junior Algorithmic Trading Quant information

What is the difference between Junior Algorithmic Trading Quant vs Quantitative Research Analyst?

AspectJunior Algorithmic Trading QuantQuantitative Research Analyst
Required CredentialsBachelor's in CS, Math, or Finance; programming skillsBachelor's or higher in Math, Stats, or Finance; programming skills
Work EnvironmentTrading firms, hedge funds, prop shopsResearch departments, financial institutions, hedge funds
Employer & Industry UsageCommon in trading firms focusing on algorithmic strategiesUsed across finance sectors for model development
Comparison Search IntentYesYes

The Junior Algorithmic Trading Quant typically focuses on developing and implementing trading algorithms within trading firms, often working closely with traders. In contrast, a Quantitative Research Analyst conducts broader research to develop financial models and strategies, which may be used for trading or risk management. Both roles require strong quantitative skills and programming knowledge, but their primary focus and work environment differ slightly.

What are the most commonly searched types of Algorithmic Trading Quant jobs in Illinois?

The most popular types of Algorithmic Trading Quant jobs in Illinois are:

What are popular job titles related to Junior Algorithmic Trading Quant jobs in Illinois?

For Junior Algorithmic Trading Quant jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Junior Algorithmic Trading Quant jobs in Illinois look for?

The top searched job categories for Junior Algorithmic Trading Quant jobs in Illinois are:

Infographic showing various Junior Algorithmic Trading Quant job openings in Illinois as of August 2026, with employment types broken down into 1% Internship, 84% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 81% Physical, 8% Hybrid, and 11% Remote job distribution.

$69K - $89K/yr

Full-time

Posted 22 days ago


Job description

Description

Our Algorithmic Traders use their expert understanding of the financial markets and market microstructure to develop relative value arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader, you will have the opportunity to experience relative value arbitrage trading paired with innovative software. You will partner with Senior Traders to assist and learn all facets of automated trading. From researching and analyzing high-frequency tick data and trading performance, to building mathematical models and performing time series analysis, you will experience a deep dive into real-time trading and gain exposure to build your expertise. The ideal candidate is intellectually curious, technically analytical, and has the desire to learn and apply programming skills in a fast-paced environment (Python, C++). 

Responsibilities

  • Work with Senior Algorithmic Traders to assist and learn all facets of automated trading
  • Develop expertise in market microstructure, tick data, and automated trading systems
  • Learn and master object-oriented programming languages (C++ and Python)
  • Build and maintain trading quantitative model tools and analytics
  • Develop, code, maintain and support production quality automated trading softwares and strategies
  • Improve strategies and trade execution by performing post trade analyses and developing prediction models

Requirements

  • Pursuing a Bachelor's, Master's, or Doctorate in a technical field such as but not limited to STEM or Finance with a graduation date between December 2026 and Spring 2027 or 1-2 years pertinent industry experience 
  • Required courses: Data structures, Probability, Statistics and Linear Algebra
  • Minimum major GPA of 3.5/4 or equivalent scale
  • Proficiency and experience in object-oriented programming languages, C++, Python and/or Java preferred 
  • Proficiency and experience in Linux scripting are a plus
  • 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 
  • Project or internship experience in data analysis, quantitative modeling and/or machine learning
  • Passion for math and software applied to markets and trading
  • Strong understanding of computing, math, probability, statistics, and finance
  • Strong work ethic and willingness to do what it takes to get the job done
  • Excellent verbal and written communication skills
  • Ability to work within a team in a fast-paced environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to prepare for the interview process