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New Grad Machine Learning Jobs in Chicago, IL (NOW HIRING)

IMC

Machine Learning Researcher

Chicago, IL · On-site

Design and deploy machine learning models to enhance trading performance across various asset ... Research, test and prototype new algorithmic ideas; deploy advanced ML techniques applicable to ...

Links Partners

Machine Learning Scientist

Chicago, IL

$116K - $130K/yr

Chicago, IL Job Overview As a machine learning scientist in our clients innovative and fast-paced ... From your seat in our beautiful new office in downtown Chicago, you will have access to many ...

Referrals Only

Lead Machine Learning Engineer

Chicago, IL

$105K - $139K/yr

Lead Machine Learning Engineers at Thoughtworks use modern architectures to develop end-to-end ... You will play a pivotal role in program inception, shaping the development of new systems and ...

IMC

Machine Learning Researcher

Chicago, IL · On-site

$250K - $300K/yr

Design and deploy machine learning models to enhance trading performance across various asset ... Research, test and prototype new algorithmic ideas; deploy advanced ML techniques applicable to ...

Bespoke Labs

Machine Learning Engineer

Chicago, IL · On-site

... new environments -- and building the infrastructure that makes world-scale RL training possible ... deep learning proficiency (PyTorch preferred; familiar with training loops, optimizers, mixed ...

Bespoke Labs

Machine Learning Engineer

Hammond, IN · On-site

... new environments -- and building the infrastructure that makes world-scale RL training possible ... deep learning proficiency (PyTorch preferred; familiar with training loops, optimizers, mixed ...

Bespoke Labs

Machine Learning Engineer

Gary, IN · On-site

... new environments -- and building the infrastructure that makes world-scale RL training possible ... deep learning proficiency (PyTorch preferred; familiar with training loops, optimizers, mixed ...

Bespoke Labs

Machine Learning Engineer

Aurora, IL · On-site

... new environments -- and building the infrastructure that makes world-scale RL training possible ... deep learning proficiency (PyTorch preferred; familiar with training loops, optimizers, mixed ...

IMC

Machine Learning Research Lead

Chicago, IL

IMC Trading is seeking a Machine Learning Research Lead with proven experience applying ... Research, test and prototype new algorithmic ideas; deploy advanced ML techniques applicable to ...

Coinflow

Machine Learning Lead

Chicago, IL · On-site

$175K - $235K/yr

Explore transaction and behavioral data to surface new fraud signals and emerging attack patterns ... in machine learning, applied data science, or production ML roles * Demonstrated experience ...

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All JobsNew Grad Machine Learning JobsNew Grad Machine Learning Jobs in Chicago, IL

New Grad Machine Learning information

See Chicago, IL salary details

$26.3K

$43.9K

$90.7K

How much do new grad machine learning jobs pay per year?

As of Jul 14, 2026, the average yearly pay for new grad machine learning in Chicago, IL is $43,867.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,500.00 and $47,400.00 per year, depending on experience, location, and employer.

What are some typical challenges new graduates might face when starting out in a machine learning role, and how can they overcome them?

New grad machine learning engineers often encounter challenges such as bridging the gap between academic knowledge and practical, production-level projects. Adapting to real-world data issues, collaborating with cross-functional teams, and understanding scalable deployment can be daunting at first. To overcome these, it's helpful to seek mentorship, proactively ask questions, and dedicate time to learning best practices in code versioning, model evaluation, and team communication. Engaging in code reviews and participating in team discussions can also accelerate the learning curve and foster professional growth.

What are the key skills and qualifications needed to thrive as a New Grad Machine Learning Engineer, and why are they important?

To thrive as a New Grad Machine Learning Engineer, you need a solid foundation in mathematics, statistics, and programming (especially Python), typically supported by a degree in computer science or a related field. Familiarity with machine learning frameworks such as TensorFlow or PyTorch, version control systems like Git, and coursework or certification in data science are highly beneficial. Strong problem-solving abilities, curiosity, and effective communication skills help you collaborate and convey complex technical concepts to diverse teams. These skills and qualities are essential for developing innovative models, ensuring project success, and integrating seamlessly into fast-paced tech environments.

What is the difference between New Grad Machine Learning vs Data Scientist?

AspectNew Grad Machine LearningData Scientist
Required CredentialsBachelor's in CS, Data Science, or related field; some internshipsBachelor's or Master's in CS, Statistics, or related; some experience
Work EnvironmentEntry-level, team-focused, research and developmentData analysis, modeling, cross-functional collaboration
Employer & Industry UsageTech companies, startups, research labsTech, finance, healthcare, consulting firms

New Grad Machine Learning roles typically focus on foundational skills, internships, and entry-level tasks, while Data Scientist positions often require more experience in data analysis and statistical modeling. Both roles are common in tech industries, but Data Scientists usually handle broader data analysis responsibilities.

What are 'New Grad Machine Learning' roles?

New Grad Machine Learning roles are entry-level positions designed for recent graduates who have studied machine learning, artificial intelligence, data science, or related fields. These positions typically involve working with experienced data scientists and engineers to develop, implement, and improve machine learning models and algorithms. New grads in these roles often contribute to projects involving data preprocessing, model training, evaluation, and deployment. The goal is to help new graduates gain hands-on experience and grow their skills in a real-world setting while contributing to the organization's AI initiatives.
What are popular job titles related to New Grad Machine Learning jobs in Chicago, IL? For New Grad Machine Learning jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching New Grad Machine Learning jobs in Chicago, IL look for? The top searched job categories for New Grad Machine Learning jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for New Grad Machine Learning jobs? Cities near Chicago, IL with the most New Grad Machine Learning job openings:
New Grad Machine Learning jobs near you
Machine Learning Research Intern - Summer 2027 - Chicago

Machine Learning Research Intern - Summer 2027 - Chicago

IMC

Chicago, IL • On-site

$300K/yr

Full-time, Temporary, Internship

PTO

Posted 11 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
About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.

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