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Parallel Programming Internship Jobs in Matteson, IL

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Parallel Programming Internship information

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$9

$16

$23

How much do parallel programming internship jobs pay per hour?

As of Aug 19, 2026, the average hourly pay for parallel programming internship in Matteson, IL is $16.89, according to ZipRecruiter salary data. Most workers in this role earn between $14.28 and $19.04 per hour, depending on experience, location, and employer.

What is a parallel programming internship?

A Parallel Programming Internship is an opportunity for students or recent graduates to gain hands-on experience in developing software that can execute multiple operations simultaneously. Interns work with technologies such as multi-core processors, GPUs, and distributed computing systems to optimize code for speed and efficiency. These positions are commonly found in industries like scientific research, finance, and tech companies where high-performance computing is crucial. Interns typically gain skills in languages and frameworks like C++, Python, CUDA, OpenMP, and MPI while collaborating with experienced engineers. The experience prepares them for advanced roles in software development and high-performance computing.

What types of projects do interns typically work on during a parallel programming internship?

During a Parallel Programming Internship, interns often contribute to projects involving optimization of existing code, development of parallel algorithms, or performance analysis using multi-core processors or GPUs. You may be tasked with refactoring sequential code to run efficiently on parallel architectures, collaborating with senior engineers, and utilizing frameworks like OpenMP, MPI, or CUDA. These projects provide hands-on experience in solving computational bottlenecks and working closely with cross-functional development teams. This exposure helps build a strong foundation for further roles in high-performance computing or software engineering.

What are the key skills and qualifications needed to thrive as a parallel programming intern, and why are they important?

To thrive as a Parallel Programming Intern, you need a solid understanding of computer science fundamentals, algorithms, and concurrency concepts, often supported by coursework in parallel computing or a related field. Familiarity with programming languages such as C/C++, Python, and parallel computing frameworks like OpenMP, MPI, or CUDA is typically required. Strong analytical thinking, problem-solving ability, and effective teamwork are key soft skills for excelling in collaborative and technical environments. These skills and qualifications are vital for efficiently developing, debugging, and optimizing programs that leverage parallel architectures for improved performance.

What is the difference between Parallel Programming Internship vs Software Development Internship?

AspectParallel Programming InternshipSoftware Development Internship
Required SkillsParallel algorithms, C/C++, CUDA, OpenMPProgramming languages, software design, debugging
Work EnvironmentResearch labs, tech companies focusing on high-performance computingSoftware firms, startups, tech companies
Industry UsageHigh-performance computing, scientific researchWeb, mobile, enterprise applications
Common Search IntentParallel programming, HPC internshipsSoftware development, coding internships

While both internships involve programming skills, a Parallel Programming Internship focuses on high-performance computing and parallel algorithms, often requiring knowledge of C/C++ and GPU programming. In contrast, a Software Development Internship covers broader software engineering skills applicable across various industries. The choice depends on your interest in specialized parallel computing versus general software development.

Parallel Programming Internship jobs near you
Infographic showing various Parallel Programming Internship job openings in Matteson, IL as of August 2026, with employment types broken down into 1% Internship, 80% Full Time, 13% Part Time, 5% Contract, and 1% Nights. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $35,123 per year, or $16.9 per hour.

Quantitative Development & Strategy Intern, Summer 2027

Akuna Capital

Chicago, IL

$145K/yr

Full-time, Temporary, Internship

Re-posted 6 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 Quantitative Development & Quantitative Strategy Intern at Akuna:

Akuna's Quant team creates trading strategies scientifically by combining its quantitative expertise with sophisticated understanding of derivatives and financial markets. The team is looking to add both Quant Development & Quant Strategy Interns to our team for our 10-week Akunacademy internship program who will make a direct and measurable impact on our trading decisions and performance.

The successful candidate will have a strong programming background, familiarity with mathematical techniques and the fluency to leverage both skills to produce trading solutions and high-performance production code. In these roles you will:

  • Design and develop production code of trading strategies: pricing models, execution logic and performance optimization along with researchers, traders and system engineers
  • Analyze and incorporate market signals in our trading systems
  • Advance existing codebase and propose new solutions and improvements

Requirements for these roles:

  • Pursuing a bachelors, masters, or PhD in a technical field - Engineering, Computer Science, Math, Physics (or related subject)
  • Strong Python programming background
  • Experience in object-oriented programming
  • Exposure to linear algebra and introductory statistics
  • Desire and ability to learn the intricacies of financial markets
  • Must graduate by August 2028
  • GPA of 3.5 or above
  • Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using CPT, OPT or STEM

Qualities that make great candidates:

  • Experience with generic and/or parallel programming
  • Deeper understanding of any of the following fields: Linear Algebra, Numerical Methods, Statistics, Optimization, Signal Processing, Computer Architecture, Machine Learning, Heterogeneous/High Performance computing
  • 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
  • Exposure to financial markets and trading

**Resumes must be submitted in PDF format. 

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!

Please note: By submitting an application for this role, you are indicating this is your top preference and acknowledge you will not be considered for other Quant and/or Tech roles at Akuna this recruiting season. This acknowledgement does not limit applications to Trading roles - in addition to this role, you may apply to any Trader roles of interest. 

In accordance with Illinois Equal Pay Act, the minimum annualized base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate's experience, qualifications, and skill set. The minimum base salary herein was determined in good faith by Akuna Capital LLC.

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