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Phd Python Jobs in Chicago, IL (NOW HIRING)

Credit Risk Python Architect

Chicago, IL ยท On-site

$111K - $131K/yr

We are seeking a Python developer / solutions architect to drive forward our next-gen model ... PhD in a quantitative field, and four or more years of related experience Ideal Experience * Dev ...

Current university student graduating between September 2026 - July 2027 that is pursuing a PhD ... Proficiency in a programming language (Python, C, C++, etc) is highly desired * Must be available ...

Current university student graduating between September 2026 - July 2027 that is pursuing a PhD ... Proficiency in a programming language (Python, C, C++, etc) is highly desired * Must be available ...

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Phd Python information

See Chicago, IL salary details

$23.7K

$144.2K

$208.6K

How much do phd python jobs pay per year?

As of Aug 4, 2026, the average yearly pay for phd python in Chicago, IL is $144,191.00, according to ZipRecruiter salary data. Most workers in this role earn between $113,800.00 and $169,500.00 per year, depending on experience, location, and employer.

Can we do a PhD in Python?

A PhD in Python typically refers to research involving Python programming language, often within computer science or data science disciplines. While there is no formal PhD in Python itself, students can pursue doctoral degrees in related fields and use Python as a primary tool for research, coding, and data analysis. Advanced programming skills and knowledge of algorithms, machine learning, or software development are usually required for such research-focused doctorates.

What skills and qualifications are needed to thrive as a PhD Python developer?

To thrive as a PhD-level Python Developer, you need advanced programming skills in Python, a relevant doctoral degree (typically in computer science, data science, or a related field), and a strong foundation in research methodologies. Experience with scientific computing libraries (such as NumPy, pandas, and SciPy), machine learning frameworks, and version control systems like Git is highly valued. Exceptional problem-solving abilities, clear communication, and the capacity to work independently are crucial soft skills for this role. These skills and qualities are essential for driving innovative research, developing robust code, and effectively collaborating within interdisciplinary teams.

What types of collaborative projects might a PhD with Python expertise typically engage in within research or industry settings?

PhDs with strong Python skills often work on multidisciplinary projects that require data analysis, machine learning, or automation. They may collaborate with domain experts, data scientists, and software engineers to design experiments, develop analytical tools, or build scalable research prototypes. Collaborative work frequently involves contributing to codebases, sharing insights through data visualization, and participating in regular meetings to align project goals. Such environments foster both technical growth and exposure to diverse fields, supporting career advancement through impactful contributions.

What is a PhD Python developer?

A PhD Python developer is a professional who has earned a Doctor of Philosophy (PhD) degree and specializes in using the Python programming language for research, data analysis, software development, or academic projects. These individuals often work in fields like data science, machine learning, scientific computing, or academia, where complex problem-solving and advanced analytical skills are required. Their expertise in both research methodologies and Python allows them to tackle sophisticated computational tasks and contribute to cutting-edge innovation.
What are popular job titles related to Phd Python jobs in Chicago, IL? For Phd Python jobs in Chicago, IL, the most frequently searched job titles are:
Infographic showing various Phd Python job openings in Chicago, IL as of July 2026, with employment types broken down into 89% Full Time, 9% Part Time, and 2% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $144,191 per year, or $69.3 per hour.

Senior Software Developer - Python

Interactive Brokers

Chicago, IL โ€ข On-site

$125K - $168K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 5 days ago


Job description

Company Overview
Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.
IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.
Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.
This is a hybrid role (3 days in the office/2 days remote).
About your team:
The Financial Crimes Surveillance team develops and maintains sophisticated systems that detect and prevent fraud, market manipulation, and money laundering across Interactive Brokers' global platform. In this role, you'll architect, implement, optimize, and maintain large-scale data pipelines and surveillance models that process massive volumes of financial data. The team consists of software engineers, data engineers, compliance specialists, and data scientists working on mission-critical infrastructure that directly protects the integrity of the financial system.
The Scale & Impact:
  • Process 1+ billion order events and 6+ million trades daily
  • Protect 4.5+ million client accounts
  • Direct impact on financial security and regulatory compliance

What will be your responsibilities within IBKR:
Technical Excellence
  • Design, optimize, and extend transaction surveillance and data pipeline processes to enhance system efficiency, reliability, and scalability
  • Navigate seamlessly between strategic, system-level architecture and function-level implementation details of our surveillance system, which orchestrates 150+ processes
  • Optimize data architectures and databases for maximum performance and reliability
  • Build developer tooling to accelerate development workflows and system monitoring
  • Ensure data accuracy, security, and compliance with regulatory standards

Ownership and Cross-Functional Partnership
  • Take ownership of projects and sub-systems from planning through resolution, making impactful decisions on complex technical and business-related questions
  • Collaborate effectively with quantitative engineers, surveillance model developers, and Compliance stakeholders to translate complex business requirements into scalable designs and processes
  • Identify project bottlenecks, risks, and limitations; calculate costs; and provide strategic insights to stakeholders
  • Transform high-level surveillance concepts into production-ready processes that deliver actionable insights

Data Architecture & Stewardship
  • Own and curate dozens of mission-critical datasets that drive surveillance operations
  • Design, build, and automate robust data pipelines to support real-time and batch processing
  • Develop advanced data quality frameworks to proactively identify issues before they impact operations

Innovation & Optimization
  • Contribute to the evolution of coding standards and internal code review processes
  • Drive best practices in data storage, retrieval, governance, and privacy protection
  • Drive automation of processes and workflows to reduce manual effort and enhance system maintainability

Which skills are required:
  • 5+ years of professional software engineering experience in Python, C++ or Java
  • 3+ years of professional experience in Python as a primary language (non-scripting)
  • Extensive experience in Polars, Pandas or NumPy
  • 1-3 years of professional experience with Linux operating systems
  • Thorough understanding of databases and SQL
  • Experience with large Python codebases
  • Bachelor's or master's degree in Computer Science, or a related area
  • High attention to detail

Good to Have:
  • Experience with data engineering or ETL pipelines
  • Knowledge of finance
  • Knowledge of C++ or Java
  • Masters/PhD

To be successful in this position, you will possess the following:
  • Self-motivated and able to handle tasks with minimal supervision.
  • Superb analytical and problem-solving skills.
  • Excellent collaboration and communication (Verbal and written) skills.
  • Outstanding organizational and time management skills.

Company Benefits & Perks
  • Competitive salary, annual performance-based bonus and stock grant
  • Retirement plan 401(k) with competitive company match
  • Excellent health and wellness benefits, including medical, dental, and vision benefits, and a company-paid medical healthcare premium.
  • Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)
  • Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snacks
  • Corporate events, including team outings, dinners, volunteer activities and company sports teams
  • Education reimbursement and learning opportunities
    This role's anticipated base salary range is 200,000 to 250,000 annually based on skill's and experience. The offered salary is just part of the total compensation package. In addition to a competitive salary, the company offers both a discretionary cash bonus and stock award as well as a wide range of benefits, including health care, tuition reimbursement and much more