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Machine Learning Research Jobs in Illinois (NOW HIRING)

IMC

Machine Learning Researcher

Chicago, IL · On-site

... machine learning & deep learning to solve challenging trading problems ... This role is part of a central ML research team that collaborates across trading teams at IMC. The ...

IMC

Machine Learning Researcher

Chicago, IL · On-site

$250K - $300K/yr

... machine learning & deep learning to solve challenging trading problems ... This role is part of a central ML research team that collaborates across trading teams at IMC. The ...

IMC B.V.

Machine Learning Researcher

Chicago, IL · On-site

$200 - $250/hr

... machine learning & deep learning to solve challenging trading problems ... This role is part of a central ML research team that collaborates across trading teams at IMC. The ...

IMC Trading

Machine Learning Researcher

Chicago, IL · On-site

$250/hr

... machine learning & deep learning to solve challenging trading problems ... This role is part of a central ML research team that collaborates across trading teams at IMC. The ...

Qfanalytics

Machine Learning Engineer

Chicago, IL · On-site

$100 - $125/hr

The Machine Learning Researcher should be interested in Financial Markets, and will be directly involved in advancing the company's Data Analysis and Machine Learning capabilities. They'll be working ...

Whiterabbit.ai

Learn and understand a large body of research in deep learning and machine learning * Participate in cutting-edge research for medical applications of computer vision Must Have Experience

Whiterabbit.ai

Learn and understand a large body of research in deep learning and machine learning * Participate in cutting-edge research for medical applications of computer vision Must Have Experience

Whiterabbit.ai

Learn and understand a large body of research in deep learning and machine learning * Participate in cutting-edge research for medical applications of computer vision Must Have Experience

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Machine Learning Research information

What is machine learning research?

Machine learning research is the scientific study and development of algorithms and statistical models that enable computers to perform tasks without explicit instructions, instead relying on patterns and inference. Researchers in this field work on advancing the theory, design, and application of machine learning systems, exploring areas such as deep learning, reinforcement learning, and unsupervised learning. They often publish their findings, develop new techniques, and collaborate with industry to solve real-world problems. This work is foundational to progress in artificial intelligence and has wide-ranging impacts across technology, healthcare, finance, and more.

What are the key skills and qualifications needed to thrive as a machine learning researcher?

To thrive as a Machine Learning Researcher, you need a strong background in mathematics, statistics, and computer science, often supported by an advanced degree (Master's or PhD) in a related field. Proficiency in programming languages like Python or R, experience with machine learning frameworks (such as TensorFlow or PyTorch), and familiarity with cloud computing platforms are typically required. Strong analytical thinking, creativity, and effective communication skills help researchers devise novel solutions and collaborate within multidisciplinary teams. These skills are essential for driving innovation, solving complex problems, and advancing the field of machine learning.

What are some common challenges faced by professionals in machine learning research and how can they be overcome?

One of the main challenges in Machine Learning Research is dealing with insufficient or poor-quality data, which can hinder model performance and generalizability. Additionally, keeping up with the rapid pace of advancements in the field requires continuous learning and adaptation. Collaborating effectively with multidisciplinary teams, such as data engineers and domain experts, is also crucial but can present communication challenges. Overcoming these obstacles typically involves building strong data pipelines, dedicating time for ongoing education, and honing collaboration and communication skills to bridge gaps between technical and non-technical stakeholders.

What is the difference between Machine Learning Research vs Data Scientist?

AspectMachine Learning ResearchData Scientist
Required CredentialsAdvanced degrees (Master's/PhD) in CS, ML, or related fieldsBachelor's or Master's in CS, Statistics, or related fields
Work EnvironmentResearch labs, academia, R&D departmentsBusiness environments, analytics teams, product development
Employer & Industry UsageTech companies, research institutions, universitiesTech, finance, healthcare, e-commerce, and more
Common Search & ComparisonYesYes

Machine Learning Research focuses on developing new algorithms and advancing theoretical understanding, often in academic or R&D settings. Data Scientists apply existing ML techniques to analyze data, build models, and generate insights for business decisions. While both roles require strong technical skills, Machine Learning Research emphasizes innovation and theory, whereas Data Scientists focus on practical application and data analysis.

How to become a machine learning researcher?

To become a machine learning researcher, typically a strong foundation in mathematics, statistics, and programming is required, along with advanced degrees such as a master's or Ph.D. in computer science, data science, or related fields. Gaining experience with machine learning frameworks like TensorFlow or PyTorch, publishing research, and staying current with academic literature are also important steps.

Is machine learning research a high paying job?

Machine learning research positions are generally well-paid due to the high demand for specialized skills in algorithms, data analysis, and programming languages like Python and TensorFlow. Salaries vary based on experience, education, and location, but they tend to be higher than average for many tech roles, especially in industry or academia with strong research funding.

What does a machine learning researcher do?

A machine learning researcher develops algorithms and models that enable computers to learn from data and improve their performance over time. They analyze large datasets, experiment with different techniques, and publish findings to advance the field, often using tools like Python, TensorFlow, or PyTorch. Their work typically involves both theoretical understanding and practical implementation to solve complex problems across various industries.

What are the most commonly searched types of Machine Learning Research jobs in Illinois?

The most popular types of Machine Learning Research jobs in Illinois are:

Machine Learning Research jobs near you
Infographic showing various Machine Learning Research job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 18% Part Time, and 1% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution.

Machine Learning Research Intern - Summer 2027 - Chicago

Chicago, IL • On-site

IMC
See more jobs at IMCexternal

$300K/yr

Full-time, Temporary, Internship

PTO

Re-posted 8 days ago

Job description

Our Machine Learning Internship is designed for curious, ambitious researchers who want to apply machine learning to complex, real-world problems. Over 10-12 weeks, you'll work alongside experienced researchers and mentors to develop models, analyze large-scale datasets, and contribute to research that informs IMC's trading strategies across global equities, futures, and options markets. You'll gain hands-on experience designing experiments, evaluating novel approaches, and tackling challenging problems in a collaborative, fast-paced environment where your work can have real-world impact.

Throughout the program, you'll deepen your understanding of quantitative trading through a combination of classroom and on desk training, while benefiting from professional development and networking opportunities. We offer a highly competitive compensation package, including travel and accommodation. High-performing interns may be considered for a full-time Graduate Researcher position upon graduation.

YOUR CORE RESPONSIBILITIES:

  • Conduct hands-on research to design, develop, and apply original machine learning algorithms, with the support to explore and innovate.
  • Analyze large-scale datasets, develop predictive models, and evaluate novel approaches to complex market problems
  • Develop your research skills through hands-on project work, mentorship, and regular feedback from experienced researchers
  • Enhance your understanding of quantitative trading through classroom-based instruction in options theory, market making, and related topics

YOUR SKILLS AND EXPERIENCE:

  • Pursuing a PhD in Machine Learning, Computer Science, Electrical Engineering, Mathematics, Statistics, Physics, or a related quantitative field and graduating between September 2027 - July 2028
  • Strong foundations in machine learning, probability, and statistics, with experience applying advanced ML techniques to solve challenging research or real-world problems
  • Demonstrated hands-on research experience in deep learning fundamentals such as neural network architectures, sequence modeling, training dynamics, or optimization
  • Proficiency in Python and modern machine learning frameworks such as PyTorch, Tensorflow, and/or JAX
  • Demonstrated research excellence through publications, preprints, research internships, or significant research projects; publications at venues such as NeurIPS, ICML, ICLR, or equivalent conferences are highly preferred
  • Must be able to start internship in-person on June 7, 2027

You may submit one application per role each year.  We strongly encourage you to focus on applying to a single role that best matches your skills and interests.  Though you may apply to multiple roles, please note that each application will be evaluated based on the specific criteria established for that particular role. If you have already applied for this position during the current recruitment season and were not selected, you may reapply when the next recruitment season begins in 2027.

The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Base Salary: $300,000

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