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Quant Researcher Jobs in Chicago, IL (NOW HIRING)

Graduate Quant Researcher Program Chicago 2027 Maven Securities is a leading proprietary trading firm that leverages sophisticated technology and quantitative analysis to trade in global financial ...

Graduate Quant Researcher Program Chicago 2027 Maven Securities is a leading proprietary trading firm that leverages sophisticated technology and quantitative analysis to trade in global financial ...

Quantitative Researcher

Chicago, IL ยท On-site

$200K - $400K/yr

Permanent Quant Researcher, HFT Equities/Futures - NYC/Chicago Anson McCade have partnered with a renowned proprietary trading firm which engages in market making and position-taking strategies ...

Quantitative Researcher - Options

Chicago, IL ยท On-site

$250K - $300K/yr

IMC Trading is seeking a Senior Quantitative Researcher to join the ... options quant team. You will join the team as a senior member with the expectation of leading ...

3Red Partners is seeking a Graduate Quantitative Researcher for 2027 incoming graduates to join our Chicago team. The role focuses on expanding and optimizing trading opportunities with strong ...

3Red Partners is seeking a Graduate Quantitative Researcher for 2027 incoming graduates to join our Chicago team. The role focuses on expanding and optimizing trading opportunities with strong ...

Quantitative Researcher

Chicago, IL ยท On-site

$125K - $200K/yr

Graduate Quantitative Researcher (2027 Incoming Graduate, Full-Time) Chicago 3Red Partners LLC, a proprietary trading firm headquartered in Chicago, is seeking a Graduate Quantitative Researcher ...

Quantitative Researcher

Chicago, IL ยท On-site

$125K - $200K/yr

Graduate Quantitative Researcher (2027 Incoming Graduate, Full-Time) Chicago 3Red Partners LLC, a proprietary trading firm headquartered in Chicago, is seeking a Graduate Quantitative Researcher ...

ROLE Entry-Level Quantitative Researchers are responsible for conducting rigorous quantitative research with a focus on predictive models. You will be trained in all aspects of systematic trading ...

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Showing results 1-20

Quant Researcher information

See Chicago, IL salary details

$54.1K

$122.8K

$202.4K

How much do quant researcher jobs pay per year?

As of Aug 8, 2026, the average yearly pay for quant researcher in Chicago, IL is $122,758.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,900.00 and $157,100.00 per year, depending on experience, location, and employer.

How much money does a quant researcher make?

A quant researcher typically earns a salary ranging from $80,000 to over $200,000 annually, depending on experience, location, and the firm. Senior roles or those with advanced skills in programming and statistical analysis can earn higher compensation, often supplemented with bonuses and incentives.

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

To thrive as a Quant Researcher, you need a strong background in advanced mathematics, statistics, and programming, often supported by a graduate degree in a quantitative field such as mathematics, physics, computer science, or engineering. Expertise in technical tools such as Python, R, MATLAB, and familiarity with data analysis platforms and financial modeling libraries is typically required. Critical thinking, problem-solving abilities, and effective communication are important soft skills that help you convey complex quantitative findings to both technical and non-technical stakeholders. These skills enable Quant Researchers to develop robust financial models, optimize strategies, and contribute to data-driven decision-making in competitive finance environments.

What does a quant researcher do?

A Quant Researcher develops mathematical models and algorithms to analyze financial markets, identify trading opportunities, and optimize investment strategies. They use statistical techniques, programming skills, and financial knowledge to extract insights from large datasets. Common responsibilities include backtesting strategies, implementing machine learning models, and collaborating with traders and developers. Most Quant Researchers have strong backgrounds in mathematics, statistics, computer science, or physics.

What does a typical day look like for a quant researcher, and how do they interact with other teams?

A typical day for a Quant Researcher often involves designing, coding, and testing quantitative models to analyze financial markets or strategies, as well as interpreting large datasets to extract actionable insights. You might spend time collaborating with traders, portfolio managers, or software engineers to refine trading algorithms or improve risk models. Frequent meetings and brainstorming sessions are common, as sharing ideas is key to innovation and solving complex problems. This close teamwork fosters a dynamic, intellectually stimulating environment and helps ensure that quantitative insights are effectively integrated into business decisions.

What are the most commonly searched types of Quant Researcher jobs in Chicago, IL? The most popular types of Quant Researcher jobs in Chicago, IL are:
What job categories do people searching Quant Researcher jobs in Chicago, IL look for? The top searched job categories for Quant Researcher jobs in Chicago, IL are:
Infographic showing various Quant Researcher job openings in Chicago, IL as of August 2026, with employment types broken down into 87% Full Time, 8% Part Time, and 5% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution, with an average salary of $122,758 per year, or $59 per hour.

Graduate Quant Researcher 2027 - Chicago

Maven

Chicago, IL โ€ข On-site

$150K - $175K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Job description

Graduate Quant Researcher Program Chicago 2027
Maven Securities is a leading proprietary trading firm that leverages sophisticated technology and quantitative analysis to trade in global financial markets. We specialize in options and derivatives market making, where your skills can be directly applied to have a real impact.
At Maven, we believe exceptional careers are built deliberately. Our graduate program is designed for a small number of high-potential individuals each year, combining comprehensive training, real responsibility, and long-term development. We don't hire large classes with the expectation that only a few will succeed, we invest in every individual who joins the team.
Program details:
  • Location: Chicago (based in London for training period)
  • Program start date: September 6th, 2027
  • Application deadline: Rolling basis

Base salary: $150,000-175,000 dependent on education and experience
You'll begin with a structured 7-week training program in London, designed to prepare you for a career in quantitative research. This initial phase focuses on building the technical foundations and professional skills needed for the role, as well as forming crucial working relationships with your UK counterparts - both on the Graduate Program and more senior stakeholders.
Following training, you'll return to Chicago and roll onto two project rotations, where you'll continue to learn through hands-on experience. Maven offers a few days of leave to support this transition, as well as travel, accommodation and relocation support.
What you will be doing:
  • Design, evaluate and continuously improve our automated trading algorithms
  • Build quantitative pricing models, for example American Option Pricing and Volatility Modeling
  • Research and analyze trading data to find and test trading opportunities

How and what you will learn:
  • Progress through a structured onboarding program with clear learning milestones
  • Build your foundation through theory and exercise-led training, led by Maven's Head of Technology Training & Graduates
  • Learn about financial markets, our platforms and specific quant research field for OMM, apply your academic research abilities and learn how to perform research on real-world data of varied volume and sampling frequency across a variety of domains
  • We will teach you how to use and master Maven's in-house tools and systems. Maven utilizes the latest technology in order to meet and exceed our demanding business challenges
  • Attend regular check-ins with the Quant Researcher and Emerging Talent teams

Who you are:
Key criteria:
  • A Bachelor's, Master's or PhD student in applied mathematics, statistics, engineering or physics
  • Relevant programming experience in at least one language (Python, C++, C#)
  • Proactive interest in improving existing trading strategies and identifying new opportunities
  • Motivated for quantitative research, financial services and trading, with knowledge of financial markets
  • A willingness to adopt and utilise emerging AI technologies

We're looking for someone who is:
  • An entrepreneurial thinker with the ability to generate ideas, take initiative and drive innovation
  • A critical problem solver and decision maker who can analyze situations, think clearly and make effective decisions
  • An agile learner who is able to quickly acquire knowledge, take on feedback, adapt and apply insights across different contexts
  • Able to synthesize information, resolve conflicting inputs, see the bigger picture, and translate complex information into actionable recommendations
  • Collaborative and influential, able to build trust, work effectively with others and positively impact the team
  • Results-focused and accountable, taking ownership and delivering outcomes reliably

Why Maven?:
  • Dedicated In-House Trainers: Gain the tools to succeed in a rapidly evolving market, where AI is integral to our strategy and daily operations. Our tailored curriculums are led by in-house experts and cover both technical and professional skills, as well as guidance on how to adopt AI best practices
  • Accelerate Your Career: Every permanent colleague receives a dedicated learning and development budget, full access to our online learning platform, and frequent training sessions led by our Maven experts
  • Proven Pathways: Benefit from our structured pipeline programs that set you up for long-term success. Around a quarter of Maven's workforce joined through an Emerging Talent Program, with many staying from Spring Week through the Graduate Program and beyond
  • Supported to Succeed: We are committed to fostering an inclusive workplace where everyone can perform at your best. We offer recruitment support where needed, and employee resource groups that help build community across the firm
  • Grow with Guidance: Enjoy regular feedback, structured review points, and informal off-desk chats. Everyone in our Emerging Talent Programs is also paired with a Maven buddy for practical advice and day-to-day support
  • Make a Real Impact, Fast: From the start of the projects, you'll be embedded in the team and learn directly from other Quant Researchers. After this, you'll transition onto a permanent position within the team, where you'll continue building upon the skills taught in the program

Please note:
  • We accept one application per candidate, per recruitment cycle
  • Visa sponsorship is available for selected roles, please see our FAQ page for details

Maven is an equal opportunity employer. We encourage applications from candidates of all backgrounds, and do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, disability status, or any other basis protected by applicable law.
Benefits at Maven
As a graduate joining Maven, you'll be eligible for a range of benefits, including:
  • 25 days of PTO plus US national holidays, which we expect you to take
  • Private medical and dental cover, eye care support, life assurance, 401k or Roth retirement plans, and an Employee Assistance Program
  • Consideration for a discretionary annual bonus
  • An annual learning and development budget, alongside wider training and development opportunities
  • Wellness benefits, including free use of the building gym and access to ClassPass
  • Frequent social events, from welcome dinners and summer parties to company sports leagues and boat tours!
  • Daily breakfast in the office and a lunch allowance, plus snacks and drinks throughout the day
  • Enhanced family-friendly policies, including maternity, paternity, adoption, fertility and partner's leave
  • Work in a forward-thinking environment where AI is integral to our strategy and daily operations