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Quant Engineer Jobs in Naperville, IL (NOW HIRING)

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:

Quantitative Developer Intern

Chicago, IL

$19.75 - $26/hr

An internship at BlackEdge will give you a taste of life as a quantitative developer in the options market making space. The first half of your internship will focus on teaching you option pricing ...

Quantitative Trader

Chicago, IL ยท On-site

$150K - $200K/yr

This team also has the opportunity to work closely with software engineers to enhance and further develop the firm's trading strategies. Quantitative Traders not only become experts in trading ...

Quantitative Developer Intern

Chicago, IL ยท On-site

$19.75 - $26/hr

An internship at BlackEdge will give you a taste of life as a quantitative developer in the options market making space. The first half of your internship will focus on teaching you option pricing ...

Work closely with other traders, quants and developers. * Leverage a sophisticated trading platform to execute desired trades, sourcing available liquidity across multiple exchanges. Required Skills

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 ...

Showing results 21-40

Quant Engineer information

See Naperville, IL salary details

$37.9K

$90.4K

$150.3K

How much do quant engineer jobs pay per year?

As of Aug 8, 2026, the average yearly pay for quant engineer in Naperville, IL is $90,403.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,400.00 and $99,900.00 per year, depending on experience, location, and employer.

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 are popular job titles related to Quant Engineer jobs in Naperville, IL? For Quant Engineer jobs in Naperville, IL, the most frequently searched job titles are:
What job categories do people searching Quant Engineer jobs in Naperville, IL look for? The top searched job categories for Quant Engineer jobs in Naperville, IL are:
What cities near Naperville, IL are hiring for Quant Engineer jobs? Cities near Naperville, IL with the most Quant Engineer job openings:
Infographic showing various Quant Engineer job openings in Naperville, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 89% In-person, and 11% Hybrid job distribution, with an average salary of $90,403 per year, or $43.5 per hour.

Quantitative Developer

Point72

Chicago, IL โ€ข On-site

Full-time

Re-posted 21 days ago


Job description

About Cubist:
Cubist Systematic Strategies, an affiliate of Point72, deploys systematic, computer-driven trading strategies across multiple liquid asset classes, including equities, futures and foreign exchange. The core of our effort is rigorous research into a wide range of market anomalies, fueled by our unparalleled access to a wide range of publicly available data sources.
Role:
Quantitative Developer for a PM team focused on systematic credit and related asset classes. This is a unique opportunity to collaborate, learn, and lead technology projects with high business impact.
Responsibilities:
  • Design and develop software for strategy research and trading.
  • Build and improve tools for data acquisition, processing, and visualization.
  • Work on the execution/order management system, live dashboards, and P&L reconciliation tools.
  • Manage the team's CI/CD pipeline, job running infrastructure, and other tech components.
  • Ensure robustness and efficiency of the team's systems. Be ready to troubleshoot and correct any issues.
  • Collaborate with the portfolio manager, quant researchers, and traders.

Requirements:
  • Undergraduate or graduate degree in Computer Science.
  • 2+ years of experience developing research and trading infrastructure at a financial institution, or demonstrated excellent skills required for the role.
  • Prior experience with execution/order management systems, real-time data servers, and visualization is a plus.
  • Solid understanding of Linux OS-system components, process management, shell scripting.
  • Proficiency in Python, including in the object-oriented design, unit/reg testing, conda environment management.
  • Knowledge of SQL, JavaScript, Apache airflow.
  • Strong communication skills.
  • Willingness to take ownership of his/her work.
  • Commitment to the highest ethical standards.