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Python Quantitative Algorithmic Trading Jobs in Hopkins Park, IL

Python Quantitative Algorithmic Trading information

See Hopkins Park, IL salary details

$95.6K

$165.6K

$253.2K

How much do python quantitative algorithmic trading jobs pay per year?

As of Aug 11, 2026, the average yearly pay for python quantitative algorithmic trading in Hopkins Park, IL is $165,633.00, according to ZipRecruiter salary data. Most workers in this role earn between $131,300.00 and $194,200.00 per year, depending on experience, location, and employer.

What is the difference between Python Quantitative Algorithmic Trading vs Python Quantitative Trading Analyst?

AspectPython Quantitative Algorithmic TradingPython Quantitative Trading Analyst
CredentialsDegree in Computer Science, Finance, or related fields; coding certificationsDegree in Finance, Economics, or related fields; strong analytical skills
Work EnvironmentDeveloping algorithms, coding, backtesting strategiesAnalyzing market data, supporting trading strategies, reporting
Industry UsageFinancial firms, hedge funds, proprietary trading firmsAsset management firms, trading desks, financial institutions

Python Quantitative Algorithmic Traders focus on designing and implementing automated trading algorithms using programming skills, while Python Quantitative Trading Analysts analyze data and support trading strategies without necessarily coding the algorithms themselves. Both roles require strong quantitative skills and familiarity with Python, but their daily tasks and responsibilities differ significantly.

What are the key skills and qualifications needed to thrive as a Python quantitative algorithmic trader?

To thrive as a Python Quantitative Algorithmic Trader, you need strong quantitative analysis, programming expertise (especially in Python), and a solid background in mathematics, statistics, or finance, often supported by a relevant degree. Familiarity with financial data platforms, algorithmic trading systems, and libraries such as pandas, NumPy, and scikit-learn, as well as experience with backtesting frameworks, is essential. Critical thinking, attention to detail, and effective communication help you interpret data, manage risk, and collaborate with team members. These skills ensure effective strategy development, implementation, and adaptation in fast-moving financial markets.

What are some common challenges faced by Python quantitative algorithmic traders, and how can job seekers prepare to overcome them?

Python quantitative algorithmic traders often face challenges such as rapidly changing market conditions, ensuring code efficiency for low-latency execution, and maintaining data integrity across large datasets. Additionally, traders must continuously backtest strategies to avoid overfitting and adapt to evolving regulatory requirements. To prepare, job seekers should strengthen their coding skills with a focus on performance optimization, familiarize themselves with financial data handling, and stay current with industry best practices in both technology and trading strategy development.

What is Python quantitative algorithmic trading?

Python Quantitative Algorithmic Trading refers to the use of Python programming to develop, test, and implement mathematical models and automated strategies for trading financial instruments. Professionals in this field use quantitative analysis, statistical techniques, and historical data to create algorithms that can execute trades on financial markets without human intervention. Python is widely favored due to its robust libraries, ease of use, and strong community support, making it ideal for handling large datasets and rapid prototyping of trading strategies.
What cities near Hopkins Park, IL are hiring for Python Quantitative Algorithmic Trading jobs? Cities near Hopkins Park, IL with the most Python Quantitative Algorithmic Trading job openings:
Infographic showing various Python Quantitative Algorithmic Trading job openings in Hopkins Park, IL as of August 2026, with employment types broken down into 3% Internship, 86% Full Time, 3% Part Time, and 8% Contract. Highlights an 80% Physical, 6% Hybrid, and 14% Remote job distribution, with an average salary of $165,633 per year, or $79.6 per hour.

Engineer II - Software Engineering

Federal Signal

Crete, IL

Full-time

Posted 20 days ago


Federal Signal rating

7.6

Company rating: 7.6 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

249th of 487 rated machine equipment manufacturers


Job description

The successful candidate will be responsible for designing, developing, and testing the low-level software (firmware) that controls the functionality of electronic hardware devices, like embedded systems and computer peripherals, requiring a deep understanding of hardware architecture and proficiency in programming languages like C/C++ to create code that interacts directly with the hardware components, often utilizing real-time operating systems (RTOS) to ensure timely system responses; they collaborate with hardware engineers to ensure seamless integration and troubleshoot issues throughout the product development cycle.

Essential Job Duties & Responsibilities:

  • Develop firmware architectures and algorithms to meet product requirements, considering hardware constraints and performance optimization.
  • Write clean, efficient, and well-documented firmware code using embedded C/C++ programming languages, adhering to coding standards and best practices.
  • Implement video technologies using protocols including FFmpeg, GStreamer, H.264/H.265, RTSP, and WebRTC.
  • Understand and determine best fit strategies for incorporation of OpenCV, PyTorch, TensorFlow, YOLO, and/or TensorRT algorithms.
  • Understand and utilize various hardware components like microcontrollers, memory, peripherals, and communication interfaces to interact with them through firmware.
  • Work with RTOS to manage system tasks with precise timing and priority levels.
  • Conduct thorough unit integration, and system-level testing to identify and resolve firmware defects, utilizing debugging tools and techniques.
  • Work closely with hardware engineers to ensure smooth integration between firmware and hardware components, addressing design challenges and providing feedback.
  • Create detailed technical documentation for firmware design, implementation, and testing procedures.
  • Support existing firmware by implementing bug fixes, feature enhancements, and updates to address customer needs.
  • May include travel to the field and/or trade shows.
  • Perform product evaluations to determine if engineering standards are met.
  • Flexibility to perform other duties and assignments as required

Position Requirements:

  • Bachelor's degree in computer science or equivalent from an accredited university.
  • 5-7 years of previous experience in a similar role.
  • Demonstrated use of Python, Roboflow, NodeJS, Figma or similar tools for rapid prototyping.
  • Familiarity with creating and modifying YAML for configurations and collaboration.
  • Strong proficiency in C/C++ programming languages with a focus on embedded systems.
  • Experience with developing containerized analytics modules using Docker.
  • Fluency in switching between Windows, Linux, and embedded environments and toolkits.
  • Deep knowledge of microcontroller architectures, memory management, peripherals, and communication protocols.
  • Experience with popular RTOS like FreeRTOS, Zephyr, or similar.
  • Familiarity with IDEs, debuggers, emulators, and other development tools for embedded systems.
  • Experience with unit testing, integration testing, and system-level validation methodologies.
  • Excellent analytical and debugging skills to identify and troubleshoot complex firmware issues.
  • Ability to effectively communicate technical concepts to both technical and non-technical stakeholders.

Wage Range: $68,731 - $98,187 Plus Bonus

Benefits of Employment

In addition to excellent career growth opportunities, Federal Signal Corporation offers a wide array of benefits including: annual bonus potential, insurance (life, medical, dental, vision), paid holidays, paid vacation, 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smoke-free, drug-free workplace.

About Us

Federal Signal in University Park is a leading manufacturer and supplier of comprehensive systems and products used to protect people and property. Our products and integrated solutions include systems for campus and community alerting, emergency vehicles, first responder interoperable communications, industrial communications, and command and municipal networked security. Specific products include: lightbars and sirens, public warning sirens and public safety software.

Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Downers Grove, IL, with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: www.federalsignal.com

The Company is an equal opportunity employer. Qualified applicants will not be discriminated against on the basis of, and will receive consideration for employment without regard to, race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, genetic information, status as a protected veteran, or any other protected category, characteristic, or trait under applicable law. If you require reasonable accommodation in the application process, contact Human Resources at HR@federalsignal.com. All other applications must be submitted online.


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