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Quant Engineer Jobs in Illinois (NOW HIRING)

... 40+ leading quant firms seeking top‑tier developers. Multiple immediate openings. What You'll Do * Build low‑latency trading systems and infrastructure * Develop quantitative libraries and ...

... Quant Developer or Strategist. Your Core Responsibilities * Design and implement high-performance numerical algorithms for pricing and risk * Build and improve models that reflect real market ...

IMC is looking for a Quantitative Developer to own the full path from research to production. This role blends research and engineering, with tight feedback loops from ideation to live trading. You ...

Quantitative Developer

Chicago, IL · On-site

$150K - $250K/yr

The Quantitative Developer will have the opportunity to work in one of our offices focusing on strategy development and code optimization. We are seeking a candidate that is looking for an ...

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 ...

Senior Quantitative Developer

Chicago, IL · On-site

$180K - $225K/yr

Position Overview We are seeking an experienced developer with a strong understanding of options theory and derivatives pricing who can translate quantitative research into production trading systems.

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 ...

Quantitative Developer

Chicago, IL · On-site

$150K - $250K/yr

The Quantitative Developer will have the opportunity to work in one of our offices focusing on strategy development and code optimization. We are seeking a candidate that is looking for an ...

Quant

Chicago, IL

$150K - $250K/yr

The Quant will have the opportunity to work in one of our offices focusing on expanding and optimizing current and future trading opportunities. We are seeking a candidate that is looking for an ...

Quant

Chicago, IL · On-site

$150K - $250K/yr

The Quant will have the opportunity to work in one of our offices focusing on expanding and optimizing current and future trading opportunities. We are seeking a candidate that is looking for an ...

Quantitative Developer for a PM team focused on systematic credit and related asset classes. This ... Collaborate with the portfolio manager, quant researchers, and traders. Requirements:

Quantitative Developer for a PM team focused on systematic credit and related asset classes. This ... Collaborate with the portfolio manager, quant researchers, and traders. Requirements:

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Quant Engineer information

What is the salary of a quant engineer?

The salary of a quant engineer typically ranges from $100,000 to $200,000 annually, with higher compensation for those with advanced degrees, extensive experience, or specialized skills in programming languages like Python or C++. In addition to base salary, many quant engineers receive bonuses and performance incentives, especially in financial firms or hedge funds.

What are the key skills and qualifications needed to thrive as a quant engineer, and why are they important?

To thrive as a Quant Engineer, you need strong quantitative and programming skills, typically supported by a degree in mathematics, physics, computer science, or a related field. Proficiency in programming languages such as Python, C++, or Java, as well as familiarity with statistical analysis tools and financial modeling systems, is essential. Analytical thinking, problem-solving abilities, and effective communication distinguish top performers in this role. These skills enable Quant Engineers to develop robust models and algorithms that drive accurate trading strategies and risk management in fast-paced financial environments.

What is a quant engineer?

Quant Engineers, or quantitative engineers, are professionals who apply mathematical models, statistical techniques, and computer programming to solve complex problems in finance and related industries. They often work on designing trading algorithms, risk management tools, and pricing models for financial instruments. Quant Engineers typically have strong backgrounds in mathematics, computer science, and finance, and are skilled in programming languages such as Python, C++, or R. Their work helps financial firms make data-driven decisions and optimize strategies in highly competitive markets.

What is the difference between Quant Engineer vs Quant Analyst?

AspectQuant EngineerQuant Analyst
Required CredentialsDegree in Math, Finance, or Computer Science; often requires programming skillsDegree in Finance, Economics, or Math; less emphasis on programming
Work EnvironmentDevelops models, algorithms, and software tools for trading and risk managementAnalyzes data, interprets models, and provides insights for trading strategies
Employer & Industry UsageFinancial firms, hedge funds, investment banksFinancial firms, asset management, hedge funds

While both roles involve quantitative analysis, Quant Engineers focus on building and implementing models and software, whereas Quant Analysts primarily analyze data and interpret models to inform trading decisions. The roles often overlap but differ in technical depth and responsibilities.

How do quant engineers typically collaborate with traders and other team members to develop and implement trading strategies?

Quant Engineers work closely with traders, researchers, and software developers to design, test, and refine quantitative trading models. They often translate mathematical models into efficient code, analyze large datasets, and ensure strategies are both robust and scalable for real-time trading environments. Frequent communication is key, as Quant Engineers must gather requirements from traders, iteratively backtest ideas, and adapt models based on feedback and market changes. This collaborative process helps ensure strategies are both scientifically sound and practically viable for deployment.
What job categories do people searching Quant Engineer jobs in Illinois look for? The top searched job categories for Quant Engineer jobs in Illinois are:
What cities in Illinois are hiring for Quant Engineer jobs? Cities in Illinois with the most Quant Engineer job openings:

С++ Quantitative Developer (Trading team) (Chicago)

Quanta Search

Chicago, IL • On-site

Full-time

This job post has expired 1 day ago. Applications are no longer accepted.


Job description

С++ Quantitative Developer (Trading team)

Join to apply for the С++ Quantitative Developer (Trading team) role at Quanta Search.

Our client is a team-focused derivatives trading firm that employs a multifaceted approach to trading across a variety of products and strategies.

Are you an experienced software engineer passionate about building high-performance trading applications? Do you think about trade-offs between low latency and ultra-low latency? Do you want to be involved in critical initiatives that have direct and meaningful impact on the firm’s daily performance? We want to hear from you, we love collaborating on tough problems and pushing the firm forward!

We are seeking software engineers to improve our C++ trading framework. In this role, we encourage healthy collaboration between teams to get the best results. This is a fast-paced environment with frequent releases where our engineers quickly see the results of their effort, and the impact that work has on our business.

Responsibilities
  • Use a test and data driven approach to write impactful and reliable high-performance C++ applications.
  • Work with skilled teammates to establish an architectural vision that emphasizes measurability and maintainability.
  • Implement functionality, participate in team code reviews, and provide valuable feedback on performance, logic, and maintenance issues to ensure code-level consistency.
  • Deliver high quality software into production environment in a timely manner.
  • Keep up to date on the latest C++ standards that we could benefit from.
Qualifications
  • Mastery with C++ 11 or beyond.
  • Experience with Python.
  • Deep understanding of multi-threaded programming, high-performance application architecture, and performance tuning techniques and tools.
  • Experience collaborating with stakeholders to design, develop, and deploy major software deliverables to production.
  • Manage and own tasks given high level directions.
  • Experience in the trading industry is a plus.
Seniority level
  • Mid-Senior level
Employment type
  • Full-time
Job function
  • Finance and Sales

This job posting is active. No indications suggest it is expired.

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