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Junior Quant Developer Jobs in Chicago, IL (NOW HIRING)

TransMarket Group

Junior Software Engineer

Chicago, IL · On-site

Bachelor's degree in a quantitative or technical field * Passion for software and math applied to ... Programming proficiency and experience (C++, Python). Linux scripting is a plus * Strong work ethic ...

Fairstead ESC LLC

Developer

Chicago, IL · On-site

$160K - $180K/yr

Demonstrate strong leadership and team-building qualities, mentoring junior staff and contributing ... Strong quantitative, financial analysis and modeling (excel) skills. * Exceptional research and ...

Guidant Power

Remote Electrical Engineer

Chicago, IL · Remote

Job Description/Function Support junior engineers and customers in the field of power systems and ... Analytical skill- Able to structure and process qualitative or quantitative data and draw ...

Fairstead ESC LLC

Senior Developer

Chicago, IL · On-site

$180K - $200K/yr

Demonstrate strong leadership and team-building qualities, mentoring junior staff and contributing ... Strong quantitative, financial analysis and modeling (excel) skills. * Exceptional research and ...

DRW

Senior Software Engineer, C++ (Algo)

Chicago, IL · On-site

$150K - $250K/yr

Collaborate with quantitative researchers and traders on strategy development * Design, develop, and deploy software using agile methodologies * Guide junior engineers on best practices through ...

NinjaHoldings

Data Engineer

Chicago, IL · On-site +1

$100K - $145K/yr

Supervise junior members of the data engineering team. Guiding, planning, and reviewing the team ... quantitative field * Advanced working SQL knowledge and experience working with relational ...

IMC

Machine Learning Research Lead

Chicago, IL

Collaborate with quantitative traders, researchers and developers to translate market insights into ... Mentor junior researchers and contribute to a culture of research excellence and experimentation

TransUnion

Data Science Platform Developer

Chicago, IL · On-site

Participate ininterviewing and evaluation of new talent,mentoring and training of junior colleagues ... quantitative field;or aBachelor'sdegree in a quantitative field with at leastfive(5) years of ...

Transunion

Data Science Platform Developer

Chicago, IL · On-site

Participate ininterviewing and evaluation of new talent,mentoring and training of junior colleagues ... quantitative field;or aBachelor'sdegree in a quantitative field with at leastfive(5) years of ...

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All JobsQuant Developer JobsJunior Quant Developer JobsJunior Quant Developer Jobs in Chicago, IL

Junior Quant Developer information

See Chicago, IL salary details

$62.9K

$110.1K

$166K

How much do junior quant developer jobs pay per year?

As of Aug 14, 2026, the average yearly pay for junior quant developer in Chicago, IL is $110,132.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,800.00 and $109,800.00 per year, depending on experience, location, and employer.

What is a junior quant developer?

A Junior Quant Developer is an entry-level role that combines software development with quantitative analysis in the finance industry. They assist in building and maintaining financial models, trading algorithms, and risk management tools. Typically, they work with programming languages like Python, C++, or Java and utilize mathematical and statistical techniques. Their responsibilities often involve data analysis, backtesting strategies, and optimizing trading systems. This role serves as a stepping stone toward becoming a full-fledged Quant Developer or Quantitative Analyst.

What are the key skills and qualifications needed to thrive as a junior quant developer?

To thrive as a Junior Quant Developer, you need strong programming skills (usually in Python, C++, or Java), foundational knowledge in mathematics and statistics, and a relevant degree in fields like computer science, mathematics, or engineering. Familiarity with quantitative libraries, financial modeling tools, and version control systems such as Git is often expected. Analytical thinking, teamwork, and effective communication are important soft skills for collaborating with senior developers and traders. These skills are essential for building robust quantitative models, contributing to complex projects, and growing within a fast-paced financial technology environment.

What does a junior quant developer do?

As a Junior Quant Developer, you can expect to assist with developing, testing, and optimizing quantitative models used for trading or risk assessment. Your day-to-day tasks may involve coding algorithms, analyzing large datasets, backtesting strategies, and debugging model performance, all under the guidance of more experienced team members. You’ll also have opportunities to work closely with traders, data scientists, and senior quants, contributing to both research initiatives and real-time trading systems. This collaborative environment provides excellent learning opportunities and valuable exposure to different aspects of quantitative finance, helping you build expertise for career growth.

What are the most commonly searched types of Quant Developer jobs in Chicago, IL?

The most popular types of Quant Developer jobs in Chicago, IL are:

What are popular job titles related to Junior Quant Developer jobs in Chicago, IL?

For Junior Quant Developer jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Junior Quant Developer jobs in Chicago, IL look for?

The top searched job categories for Junior Quant Developer jobs in Chicago, IL are:

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Cities near Chicago, IL with the most Junior Quant Developer job openings:

Junior Quant Developer jobs near you
Infographic showing various Junior Quant Developer job openings in Chicago, IL as of August 2026, with employment types broken down into 81% Full Time, 5% Part Time, and 14% Contract. Highlights an 82% Physical, 6% Hybrid, and 12% Remote job distribution, with an average salary of $110,132 per year, or $52.9 per hour.

Quantitative Trader Intern

TransMarket Group

Chicago, IL • On-site

Full-time, Internship

Re-posted 12 days ago

Job description

Who We Are
Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.
TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.
Description
Our Quantitative Traders are passionate about improving the global economy by facilitating risk transfer and restoring order to prices. As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first hand in all facets of trading. The ideal candidate is intellectually curious, competitively driven, and has a disciplined appetite for risk.
Responsibilities
  • Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
  • Build and maintain quantitative model tools and analytics
  • Actively learn and analyze real-time trades
  • Engage in formal internship classroom-style education programs and research projects

Requirements
  • Pursuing a Bachelor's, Master's, or Doctorate degree in a technical or industry related field such as but not limited to mathematics, statistics or financial engineering with a graduation date between December 2027 and Spring 2028
  • Proficiency in Python programming required (1-2 years of experience)
  • Required math coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability and Advanced Statistics
  • Minimum major GPA of 3.5/4 or equivalent scale
  • 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
  • This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to help prepare for the interview process.
Benefits
We offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.
TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.

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