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Manager Quantitative Modeling Jobs in Chicago, IL

Fifth Third

Senior Quant Analyst-CCAR/CECL

Chicago, IL · On-site +1

Advanced degree in quantitative analytics, economics, statistics, engineering, or a related area. * Minimum 4-5 years of experience in statistical/econometric modeling and database management.

Corgi Insurance

Quantitative Associate

Chicago, IL · On-site

$200K - $350K/yr

Build and maintain quantitative models to support pricing, underwriting, forecasting, and business decision-making. * Support the Head of Underwriting in: * The management of the Corgi insurance ...

US Bank

Quantitative Modeler Manager - AML

Chicago, IL

$56.50 - $73.25/hr

Defending modeling approaches/methodologies/design decisions to both internal and external ... quantitative and qualitative risk factors, industry risks, competition risks, and risk management ...

Bank of America

Sr. Quantitative Finance Manager

Chicago, IL · On-site

$112K - $153K/yr

Sets quantitative work priorities in line with the bank's overall strategy and prioritization ... Works closely with model stakeholders and senior management with regard to communication of ...

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All JobsQuantitative Modeling JobsManager Quantitative Modeling JobsManager Quantitative Modeling Jobs in Chicago, IL

Manager Quantitative Modeling information

See Chicago, IL salary details

$101K

$174.8K

$267.3K

How much do manager quantitative modeling jobs pay per year?

As of Jul 29, 2026, the average yearly pay for manager quantitative modeling in Chicago, IL is $174,845.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,600.00 and $205,000.00 per year, depending on experience, location, and employer.

What is the difference between Manager Quantitative Modeling vs Quantitative Analyst?

AspectManager Quantitative ModelingQuantitative Analyst
CredentialsAdvanced degrees (Master's/PhD), certifications like CFA or FRM often preferredBachelor's or Master's degree in finance, mathematics, or related fields
Work EnvironmentLeads teams, oversees model development, strategic planningDevelops models, analyzes data, supports trading or risk management
Employer & IndustryFinancial institutions, hedge funds, asset managersInvestment banks, asset management firms, hedge funds

While both roles involve quantitative skills and financial modeling, the Manager Quantitative Modeling typically focuses on leading teams and strategic oversight, whereas the Quantitative Analyst concentrates on developing and implementing models directly supporting trading or risk decisions.

What are the most commonly searched types of Quantitative Modeling jobs in Chicago, IL? The most popular types of Quantitative Modeling jobs in Chicago, IL are:
What are popular job titles related to Manager Quantitative Modeling jobs in Chicago, IL? For Manager Quantitative Modeling jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Manager Quantitative Modeling jobs in Chicago, IL look for? The top searched job categories for Manager Quantitative Modeling jobs in Chicago, IL are:
Manager Quantitative Modeling jobs near you

Junior Quantitative Trader

TransMarket Group

Chicago, IL

Other

Re-posted 8 days ago

Job description

Description

Our Quantitative Traders are passionate about improving the global economy by facilitating risk transfer and restoring order to prices. At TransMarket Group, you will be called on to work with teammates to eliminate inefficiencies and manage risk in the world's financial markets. 

As a Junior Trader, you will gain early exposure to real time trading in order to develop situational awareness and a deep understanding of the market. In collaboration with Senior Traders and development through our formalized education program, you will have the scope to utilize risk management and strategic thinking skills to guide trades and explore new trading opportunities. The ideal candidate is intellectually curious, strives for continual improvement, has a disciplined appetite for risk, and is dedicated to mastering their market. 

Responsibilities

  • Partner with Senior Traders to assist in and learn all facets of trading
  • Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
  • Build and maintain quantitative model tools and analytics
  • Manage real-time execution of semi-automated trading system
  • Learn and analyze real-time trades
  • Research and improve upon trading strategies

Requirements

  • Bachelor's, Master's, or Doctorate degree in a technical or industry related field such as, but not limited to, mathematics, statistics or mathematical finance with a graduation date between December 2026 and Spring 2027
  • Required coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability or Advanced Statistics 
  • Minimum major GPA of 3.5/4 or equivalent scale
  • Proficiency in Python required and some experience with C++ and other computer programming languages preferred
  • 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 
  • Deep understanding of finance, math, and statistics
  • Attention to detail and the ability to make sound judgments under pressure
  • Strong work ethic and willingness to do what it takes to get the job done
  • Ability to work in a fast paced and collaborative environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to help prepare for the interview process.

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