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Overnight Algorithm Engineer Jobs in Illinois (NOW HIRING)

... overnight) hours is required. Primary responsibilities include: * Executing algorithmic trading ... Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field * 0-2 ...

... overnight) hours is required. Primary responsibilities include: * Executing algorithmic trading ... Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field * 0-2 ...

... overnight) hours is required. Primary responsibilities include: * Executing algorithmic trading ... Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field * 0-2 ...

Overnight Algorithm Engineer information

What are the key skills and qualifications needed to thrive as an Overnight Algorithm Engineer, and why are they important?

To thrive as an Overnight Algorithm Engineer, you need a solid background in computer science, strong programming skills (often in Python, C++, or Java), and expertise in algorithms and data structures, typically supported by a relevant degree. Familiarity with version control systems (like Git), cloud platforms, and continuous integration tools is also essential. Strong problem-solving abilities, attention to detail, and the capacity to work independently during off-hours are crucial soft skills. These skills ensure efficient development, troubleshooting, and maintenance of algorithms in a time-sensitive, minimally supervised environment.

How does working as an Overnight Algorithm Engineer affect collaboration with global teams or day-shift counterparts?

As an Overnight Algorithm Engineer, you'll often interface with international teams or day-shift colleagues through scheduled hand-offs, thorough documentation, and asynchronous communication tools. While the overnight hours allow for focused, uninterrupted development time, effective collaboration relies on clear status updates and proactive communication to ensure continuity across shifts. This structure can enhance your ability to work independently while also building strong cross-functional relationships with teams in different time zones. Over time, you'll develop skills in remote coordination and workflow optimization, which are highly valued in global tech environments.

What are Overnight Algorithm Engineers?

Overnight Algorithm Engineers are professionals who design, implement, and optimize algorithms, typically working late-night or overnight shifts to ensure continuous system operation and support. Their role often involves monitoring real-time systems, troubleshooting urgent issues, and updating algorithms to maintain optimal performance during off-peak hours. These engineers are crucial in industries that require 24/7 technical oversight, such as finance, e-commerce, and network operations. Working overnight allows them to address problems promptly and prepare systems for the next business day.
What are the most commonly searched types of Algorithm Engineer jobs in Illinois? The most popular types of Algorithm Engineer jobs in Illinois are:
What job categories do people searching Overnight Algorithm Engineer jobs in Illinois look for? The top searched job categories for Overnight Algorithm Engineer jobs in Illinois are:
What cities in Illinois are hiring for Overnight Algorithm Engineer jobs? Cities in Illinois with the most Overnight Algorithm Engineer job openings:
Junior Trader

Junior Trader

Eagle Seven

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 23 days ago


Job description

Eagle Seven, LLC is seeking a Junior Trader who will be responsible for supporting all aspects of trading desk operations. The right candidate will have a passion for capital markets and be a motivated self-starter. Ability and interest to work Asia/European (overnight) hours is required.
Primary responsibilities include:
  • Executing algorithmic trading strategies in accordance with the trading desk's objectives
  • Monitoring and reconciling trading positions consistently throughout the shift
  • Performing start of day position and activity reconciliations
  • Performing post trade analysis on a variety of algorithmic trading strategies
  • Completing end of day PnL and position reporting
  • Communicating with trading exchanges and internal technology groups regarding trading system issues
  • Managing and reporting any potential compliance issues
  • Assisting quantitative traders in performing research for new trading strategies

Requirements
  • Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field
  • 0-2 years' work experience; financial experience preferred, but not required
  • Strong analytical, quantitative, and math skills
  • Experience with Python is required
  • Ability to work independently and successfully manage multiple tasks in a complex and fast-paced environment
  • Strong organizational skills and attention to detail
  • Excellent written and verbal communication skills
  • Excellent computer proficiency, including Excel and other MS office applications
  • Demonstrated strong work ethic and team player focused on contributing to the success of the trading desk

Benefits
Eagle Seven offers a competitive and comprehensive benefits package to all full-time employees.
  • Medical PPO and HMO coverage through BlueCross BlueShield
  • Company Contributions to a Health Savings Account (with enrollment into a High Deductible Health Plan)
  • Dental coverage through Principal
  • Vision coverage through VSP
  • 401k Retirement Savings Plan with Employer Match
  • Company Paid Life Insurance
  • Company Paid Disability Insurance
  • Paid Time Off
  • Flexible Spending Account
  • Pre-tax Transit Benefits
  • Complimentary Lunch and Beverages
  • Access to Newly Renovated Building Gym and Bike Room

Eagle Seven logo

About Eagle Seven

Sourced by ZipRecruiter

Industry

Securities, commodity contracts, and financial investments

Company size

51 - 200 Employees

Headquarters location

Chicago, IL, US

Year founded

2004