1

Junior Quant Trader Jobs (NOW HIRING)

Junior Quantitative Risk Analyst

Chicago, IL

$90K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge ... What you'll do as a Junior Quantitative Risk Analyst at Akuna: We are looking for a motivated 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 ...

Junior Quantitative Researcher (Ph.D.)

Chicago, IL · On-site +1

$175K - $250K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

In this role, you will collaborate directly with our options trading group, contributing to the ... capabilities of the quant team to further enhance the options desk. Responsibilities

Build and maintain quantitative model tools and analytics * Manage real-time execution of trading system * Collaborate with Senior Traders and Junior Traders to contribute to learnings and strategies

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 ...

Showing results 41-60

Junior Quant Trader information

See salary details

$7

$26

$47

How much do junior quant trader jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for junior quant trader in the United States is $26.96, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $33.17 per hour, depending on experience, location, and employer.

What does a junior quant trader do?

A typical day for a Junior Quant Trader involves analyzing large datasets to identify trading opportunities, developing and backtesting quantitative models, and assisting in the execution of trades under the supervision of senior traders. You may also monitor market trends, participate in team meetings to refine strategies, and generate reports on performance and risk. Collaboration with other traders, researchers, and technology teams is common, providing opportunities to learn from experienced professionals. The pace can be fast and intellectually demanding, but the environment is highly collaborative, and growth opportunities are strong for those who perform well.

What is a junior quant trader?

A Junior Quant Trader is an entry-level role in quantitative trading, where professionals use mathematical models, data analysis, and programming to develop and execute trading strategies. They work closely with senior traders and researchers to analyze market patterns, optimize strategies, and implement automated trading systems. This role requires strong programming skills (Python, C++, or R), statistical knowledge, and an understanding of financial markets. Junior Quant Traders typically refine existing strategies, monitor trades, and contribute to research efforts. Over time, they gain experience to take on more responsibility in strategy development and risk management.

What skills and qualifications are needed to thrive as a junior quant trader?

To thrive as a Junior Quant Trader, you need strong quantitative and analytical skills, a degree in mathematics, statistics, finance, or a related field, and proficiency in programming languages such as Python, R, or C++. Experience with trading platforms, statistical modeling tools, and data analysis software is highly valued, as is knowledge of financial markets and instruments. Excellent problem-solving abilities, attention to detail, and good communication skills help you work well in fast-paced, team-oriented environments. These skills are crucial to develop trading strategies, manage risk, and contribute effectively to a firm's trading success.

More about Junior Quant Trader jobs

What cities are hiring for Junior Quant Trader jobs?

Cities with the most Junior Quant Trader job openings:

What are the most commonly searched types of Quant Trader jobs?

The most popular types of Quant Trader jobs are:

What states have the most Junior Quant Trader jobs?

States with the most job openings for Junior Quant Trader jobs include:

Infographic showing various Junior Quant Trader job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $56,068 per year, or $27 per hour.

Junior Quantitative Risk Analyst

Akuna Capital

Chicago, IL

$90K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 8 days ago


Job description

About Akuna: 

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market maker - meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models.  

Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm's first office in 2011 in the heart of the derivatives industry and the options capital of the world - Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London and Singapore. 

What you'll do as a Junior Quantitative Risk Analyst at Akuna: 

We are looking for a motivated and talented individual to join our growing Risk Department. This role is part of a major investment in measuring and controlling market and execution risks where you will work on new development projects at the intersection of trading, options theory and automation. This is a great opportunity for someone looking to grow and evolve with our firm! In this role, you will: 

  • Work as a part of a small Risk team and alongside Developers and Analysts to build efficient and smart protections around Akuna's trading
  • Collaborate with Developers to improve our risk infrastructure, implementing risk measures and automated reporting
  • Work directly inside Akuna's highly abstract and automated computational framework
  • Develop new ways to quantify risk and performance measures, working with market and historical data
  • Assist in the setting, testing and monitoring of internal, exchange and third-party trading system and positional limits 

Qualities that make great candidates: 

  • Finance experience or some knowledge of options theory
  • Programming experience (e.g., Python); SQL is preferred but not required
  • Numerical problem-solving and programming skills
  • Independent thinker, motivated with great attention to detail
  • A degree in a quantitative field, or evidence of mathematical and quantitative skill
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!

In accordance with Illinois Equal Pay Act, the minimum base salary starts at $90,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate's experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.