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Junior Algorithmic Trading Software Developer Jobs in Chicago Heights, IL

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

... trading software and build and improve trading strategies. As a Junior Algorithmic Trader, you will ... Learn and master object-oriented programming languages (C++ and Python) * Build and maintain ...

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

Learn and master object-oriented programming languages (C++ and Python) * Build and maintain ... Passion for math and software applied to markets and trading * Strong understanding of computing ...

TransMarket Group

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

Learn and master object-oriented programming languages (C++ and Python) * Build and maintain ... Passion for math and software applied to markets and trading * Strong understanding of computing ...

Next Step Systems

C++ Software Developer

Chicago, IL · On-site

$50.50 - $68/hr

C++ Software Developer, Chicago, IL - The C++ Software Developer will work collaboratively with the ... for algorithmic trading, exchange connectivity, and research. - Explore and work with industry ...

Next Step Systems

Senior Software Developer

Chicago, IL · On-site

$56.25 - $74.25/hr

... Lead/mentor junior team members. - Take ownership of and leading projects from start to finish ... Keywords: Chicago IL Jobs, Senior Software Developer, C++, Algorithmic Trading, Exchange ...

SG Cap Trading

Junior Trader

Chicago, IL

$69K - $89K/yr

Your research is directly applied to low latency, algorithmic trading strategies. At SG, merit ... Powered by ApplicantStack Employment Application Software Privacy Policy | Terms of Use

SG Cap Trading

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 ...

DV Trading

Software Developer (Chicago)

Chicago, IL · On-site

$150K - $250K/yr

We are seeking a highly motivated, quick-learning developer for our algorithmic software ... Interest in algorithmic trading * Experience doing highly performant, low-level C++ work Benefits:

DV Trading

Software Developer (Chicago)

Chicago, IL · On-site

$150K - $250K/yr

We are seeking a highly motivated, quick-learning developer for our algorithmic software ... Interest in algorithmic trading * Experience doing highly performant, low-level C++ work Benefits:

Eagle Seven

Junior Trader

Chicago, IL

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field * 0-2 ...

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All JobsAlgorithmic Trading Software Developer JobsJunior Algorithmic Trading Software Developer JobsJunior Algorithmic Trading Software Developer Jobs in Chicago Heights, IL

Junior Algorithmic Trading Software Developer information

See Chicago Heights, IL salary details

$23.5K

$87K

$134.4K

How much do junior algorithmic trading software developer jobs pay per year?

As of Aug 31, 2026, the average yearly pay for junior algorithmic trading software developer in Chicago Heights, IL is $86,961.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,500.00 and $85,000.00 per year, depending on experience, location, and employer.

What does a junior algorithmic trading software developer do?

A Junior Algorithmic Trading Software Developer assists in designing, developing, and maintaining software systems used for automated trading in financial markets. Their responsibilities typically include writing code for trading algorithms, backtesting strategies, optimizing performance, and troubleshooting issues under the guidance of senior developers. They may also collaborate with traders and quantitative analysts to implement new trading ideas. This role requires strong programming skills, attention to detail, and a solid understanding of both software engineering and financial markets.

What are the key skills and qualifications needed to thrive as a junior algorithmic trading software developer?

To thrive as a Junior Algorithmic Trading Software Developer, you need strong programming skills in languages like Python, C++, or Java, a solid understanding of algorithms and data structures, and a degree in computer science, engineering, or a related field. Familiarity with trading platforms, version control systems (e.g., Git), and financial data analysis tools such as MATLAB or NumPy is typically required. Attention to detail, problem-solving ability, and effective teamwork are crucial soft skills for this fast-paced environment. These competencies are vital for developing robust, efficient trading systems and collaborating effectively within multidisciplinary teams in the high-stakes world of algorithmic trading.

What are some typical challenges faced by junior algorithmic trading software developers, and how can they overcome them?

Junior Algorithmic Trading Software Developers often face challenges such as optimizing code for speed, understanding complex financial instruments, and adapting to rapidly changing market conditions. It’s common to work in a fast-paced environment where small coding errors can have significant financial implications. To overcome these challenges, junior developers should focus on rigorous code testing, seek mentorship from senior team members, and stay updated on both programming and financial industry trends. Collaboration with quantitative analysts and traders is also essential for understanding strategy requirements and improving system performance.

What is the difference between Junior Algorithmic Trading Software Developer vs Quantitative Analyst?

AspectJunior Algorithmic Trading Software DeveloperQuantitative Analyst
Required CredentialsBachelor's in Computer Science, Software Engineering, or related field; programming skills in Python, C++, or JavaBachelor's or Master's in Finance, Mathematics, or related field; strong statistical and analytical skills
Work EnvironmentDevelops trading algorithms, tests software, collaborates with traders and developersAnalyzes market data, develops models, provides trading insights to traders
Industry UsageCommonly employed in trading firms, hedge funds, and financial institutionsUsed across investment banks, hedge funds, and asset management firms

While both roles work within the finance industry and require analytical skills, the Junior Algorithmic Trading Software Developer focuses on building and maintaining trading software, whereas the Quantitative Analyst emphasizes developing trading models and strategies. Both roles often collaborate but serve different functions within trading operations.

What are the most commonly searched types of Algorithmic Trading Software Developer jobs in Chicago Heights, IL?

The most popular types of Algorithmic Trading Software Developer jobs in Chicago Heights, IL are:

What cities near Chicago Heights, IL are hiring for Junior Algorithmic Trading Software Developer jobs?

Cities near Chicago Heights, IL with the most Junior Algorithmic Trading Software Developer job openings:

Junior Algorithmic Trading Software Developer jobs near you
Infographic showing various Junior Algorithmic Trading Software Developer job openings in Chicago Heights, IL as of August 2026, with employment types broken down into 84% Full Time, 12% Part Time, and 4% Contract. Highlights an 83% Physical, 5% Hybrid, and 12% Remote job distribution, with an average salary of $86,961 per year, or $41.8 per hour.

Junior Algorithmic Trader

Chicago, IL • On-site

TransMarket Group
Semiconductor and Electronic Component Manufacturing • 51 - 200 employees
Learn more about TransMarket Groupexternal

$69K - $89K/yr

Full-time

Posted 28 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

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