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Quant Researcher Jobs in Chicago, IL (NOW HIRING)

IMC

Quantitative Researcher - Data Curation

Chicago, IL · On-site

We are seeking a highly analytical and detail-oriented Quantitative Researcher to join our dynamic research team. The ideal candidate will have deep experience curating and analyzing a broad range of ...

Optiver

Quantitative Researcher - SVT

Chicago, IL · On-site

What you'll do As a Quantitative Researcher on our Systematic Volatility Trading team, your key responsibilities include: * Develop and refine alpha-driven strategies for fully automated options ...

IMC

Quantitative Researcher - Data Curation

Chicago, IL · On-site

$250K - $300K/yr

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 ...

IMC

Quantitative Researcher - Futures

Chicago, IL · On-site

$250K - $300K/yr

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 ...

IMC

Graduate Quantitative Researcher (PhD)

Chicago, IL · On-site

$250K/yr

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 ...

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Showing results 21-40

All JobsQuant Researcher JobsQuant Researcher Jobs in Chicago, IL

Quant Researcher information

See Chicago, IL salary details

$54.1K

$122.9K

$202.6K

How much do quant researcher jobs pay per year?

As of Sep 3, 2026, the average yearly pay for quant researcher in Chicago, IL is $122,854.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,900.00 and $157,200.00 per year, depending on experience, location, and employer.

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 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.

Are quant researchers in demand?

Quant researchers are in high demand in finance, technology, and hedge funds due to their expertise in data analysis, statistical modeling, and programming skills. The role often requires proficiency in languages like Python or R and knowledge of financial markets, with employment prospects remaining strong as data-driven decision-making grows in importance.

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 is the job of a quant researcher?

A quant researcher develops mathematical models and algorithms to analyze financial data and identify trading opportunities. They use programming skills and statistical techniques to inform investment strategies and often work in finance or hedge funds. Strong analytical skills and proficiency in tools like Python or R are essential for this role.

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 are popular job titles related to Quant Researcher jobs in Chicago, IL?

For Quant Researcher jobs in Chicago, IL, the most frequently searched job titles 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:

Quant Researcher jobs near you
Infographic showing various Quant Researcher job openings in Chicago, IL as of August 2026, with employment types broken down into 89% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $122,854 per year, or $59.1 per hour.

Quantitative Researcher (Experienced)

Valkyrie Trading

Chicago, IL • On-site

$155K - $190K/yr

Full-time

Medical, Dental, PTO

Re-posted 11 days ago

Job description

What You'll Do:
 
At Valkyrie, Quantitative Researchers are expected to apply their quantitative skill set to solve challenging problems in financial modeling, algorithm development, and system optimizations. In this role, you will have an opportunity to work with traders and software developers in a highly collaborative environment to improve Valkyrie's complex, ever-evolving algorithmic infrastructure. Specific responsibilities can range from building tools for traders to exploring new trading ideas, to writing algorithms from scratch, to automating and refining existing strategies, to analyzing and optimizing system performance. You will also inform traders about the market developments, tools, and models that drive Valkyrie's trading activities. 
 
Quantitative Researchers here focus on one of two areas: modeling or execution. Modeling Quantitative Researchers are expected to design automated market-making and risk management algorithms, and to build statistically driven position taking strategies. Execution Quantitative Researchers are expected to perform post-trade analysis, system behavior investigations, algo parameter optimizations, market microstructure studies, and other execution system optimizations. 
 
This role is for experienced applicants. Those with 3+ years of relevant experience will be considered for a Senior-level role.
What You'll Need:
  • 2+ years of full-time, professional experience in quantitative research, trading, or technology role-ideally in an algorithmic trading firm or a similar high-performance environment
  • Degree in mathematics, physics, engineering, computer science or equivalent
  • Ability to write and maintain a repository of clean, organized, object-oriented Python code; C++ experience is a plus
  • Proven experience in Options and volatility modeling, or statistical analysis on large data sets OR Diagnosing and optimizing algo logic in latency-sensitive or high-throughput distributed systems
  • Expertise working with MySQL or similar databases in conducting historical research and back-testing
  • Passion for innovation and solving open-ended, data-rich problems
  • Strong communication skills, both written and verbal, with the ability to explain complex, technical ideas clearly
  • Collaborative attitude with a competitive drive and comfort with metrics-based performance evaluation
  • Practical mindset with a focus on delivering impactful, production-grade solutions
What You'll Get:
  • Competitive salaries and performance bonuses
  • Top-tier medical and dental coverage
  • Relocation assistance packages
  • Generous vacation policy
  • Training opportunities and continuing education
  • Catered lunch, snacks, and beverages
  • Group outings and company parties
  • Casual dress environment
Salary range
  • $155,000 - $190,000 a year
  • This position is also eligible for an annual discretionary bonus.
Our Vision
  • Valkyrie's vision is to be an organization where curious, driven, and innovative people are able to compete and win in the world's most competitive landscape - the financial markets.   Daily competition in the financial markets provides the ideal arena to push ourselves further as we are ever striving to grow, improve, and win.  We recognize that there are extraordinary opportunities to be had every day, and by exploring, collaborating, and building, we can accomplish remarkable results together.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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