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Quant Jobs in Chicago, IL (NOW HIRING)

Trading Interview

Quant Strategist

Chicago, IL · On-site

$131 - $160/hr

Akuna's Quantitative Trading and Research team is looking to add Quant Strategists to a team of mathematicians, statisticians and technologists. The successful candidate will play a crucial role in ...

Maven

Graduate Quant Researcher 2027 - Chicago

Chicago, IL · On-site

$150K - $175K/yr

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 ...

Quant Blueprint LLC

NXT - Software Engineer

Chicago, IL · On-site

$54 - $66/hr

Overview of Quant Researcher Position * Research and implement strategies within the firm's automated trading framework. * Analyze large data sets using advanced statistical methods to identify ...

Next Step Systems

Quantitative Analyst

Northbrook, IL · On-site

... Quant, Quantitative, Large Data Sets, MySQL, SQL, Data Integrity, Regression, Performance Testing, Financial Markets, Trading, Illinois Recruiters, Information Technology Jobs, IT Jobs, Illinois ...

IMC

Quantitative Researcher - Options

Chicago, IL · On-site

... quant team. You will join the team as a senior member with the expectation of leading projects and mentoring juniors. Skills and responsibilities listed below. Your Core Responsibilities:

Anson McCade

Quantitative Researcher

Chicago, IL · 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 ...

IMC

Quantitative Researcher - Options

Chicago, IL · On-site

$250K - $300K/yr

... quant team. You will join the team as a senior member with the expectation of leading projects and mentoring juniors. Skills and responsibilities listed below. Your Core Responsibilities:

Fionics

Quantitative Developer (Chicago)

Chicago, IL · On-site

... 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 ...

IMC

Quantitative Developer - Derivatives

Chicago, IL · On-site

... 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 ...

Turing

Quantitative Finance Analyst

Chicago, IL · Remote

$100 - $200/hr

... quant trading, quant research, financial engineering, or risk modeling). * Strong grasp of stochastic calculus, statistical modeling, derivatives pricing theory, and programming languages such as ...

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Showing results 21-40

All JobsQuant JobsQuant Jobs in Chicago, IL

Quant information

See Chicago, IL salary details

$101K

$175K

$267.5K

How much do quant jobs pay per year?

As of Sep 5, 2026, the average yearly pay for quant in Chicago, IL is $174,983.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,700.00 and $205,200.00 per year, depending on experience, location, and employer.

What is a quant?

Quants, short for quantitative analysts, are professionals who use mathematical models, statistics, and computational techniques to analyze financial data and develop trading strategies. They are typically employed by investment banks, hedge funds, asset management firms, and financial technology companies. Quants play a crucial role in pricing securities, managing risk, and optimizing portfolios. Their expertise is essential for making data-driven decisions in complex financial markets.

What does a quant do?

Quant refers to a quantitative analyst whose responsibilities are to research and analyze market trends in finance. As a quant, you research and decipher statistics and design financial models to help banks, insurance companies, and other finance-focused organizations assess and prevent their risk, make sound investments, and better understand pricing structures to increase profit. Your duties also include creating codes for programs that follow financial trends and patterns, recording data and analyses, and consulting with business leaders in an organization to offer suggestions to combat potential financial risks. Large financial institutions and firms with trading processes typically hire quants.

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

To thrive as a Quant, you need strong quantitative and analytical skills, typically supported by advanced degrees in mathematics, statistics, physics, or related fields. Proficiency with programming languages like Python or C++, financial modeling, and familiarity with tools such as MATLAB or R are essential, along with knowledge of financial markets. Exceptional problem-solving, attention to detail, and effective communication help Quants stand out in collaborative and high-stakes environments. These skills enable Quants to develop robust models and strategies that drive critical decision-making and risk management in finance.

What are some common challenges faced by quants when collaborating with software developers and traders?

Quants often encounter challenges in bridging the gap between theoretical models and practical implementation. Effective communication is essential, as translating complex quantitative concepts into actionable trading strategies requires close collaboration with both software developers and traders. Misunderstandings can occur due to differences in technical language or priorities, so fostering a collaborative environment and being open to feedback is crucial. Regular meetings and clear documentation can help ensure that models are accurately implemented and aligned with trading objectives.

What is the difference between Quant vs Data Analyst?

AspectQuantData Analyst
Required CredentialsDegree in Math, Finance, or Computer Science; often requires advanced degreesBachelor's in Statistics, Economics, or related field; sometimes requires certifications
Work EnvironmentFinancial firms, hedge funds, investment banksCorporations, consulting firms, market research
Employer & Industry UsagePrimarily in finance and tradingAcross various industries including finance, marketing, healthcare
Common Search & Comparison IntentUnderstanding quantitative roles in financeExploring data analysis careers

While both Quant and Data Analyst roles involve working with data, Quants focus on developing complex models for trading and risk management in finance, often requiring advanced degrees and specialized skills. Data Analysts typically interpret data to inform business decisions across industries, with a broader scope and different tools. The roles overlap in data handling but differ significantly in application and industry focus.

Are quant jobs high paying?

Quant jobs, which involve quantitative analysis and modeling, are generally high paying within the finance industry due to the specialized skills required, such as programming, mathematics, and data analysis. Salaries can vary based on experience, location, and the firm, but they are often among the top-paying roles in finance and technology sectors.

What are the jobs in quant?

Quant jobs typically involve developing and implementing mathematical models to analyze financial data, manage risk, and inform trading strategies. Common roles include quantitative analyst, quantitative researcher, quantitative developer, and risk manager, often requiring strong skills in programming, statistics, and finance. These positions are prevalent in investment banks, hedge funds, and asset management firms.
More about Quant jobs

What are the most commonly searched types of Quant jobs in Chicago, IL?

The most popular types of Quant jobs in Chicago, IL are:

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

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

What job categories do people searching Quant jobs in Chicago, IL look for?

The top searched job categories for Quant jobs in Chicago, IL are:

Quant jobs near you
Infographic showing various Quant job openings in Chicago, IL as of August 2026, with employment types broken down into 94% Full Time, 4% Part Time, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $174,983 per year, or $84.1 per hour.

Quant Strategist

Trading Interview

Chicago, IL • On-site

$131 - $160/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 4 days ago

Key responsibilities

  • Design and develop production code for trading strategies, including pricing models, execution logic, and performance optimization.

  • Analyze and incorporate market signals into trading systems to improve decision-making and performance.

  • Participate in rapid prototyping of trading solutions driven by quantitative analysis and market research.

Job description

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models.

Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London, and Singapore.

What you’ll do as a Quantitative Strategist at Akuna:

Akuna's Quantitative Trading and Research team is looking to add Quant Strategists to a team of mathematicians, statisticians and technologists. The successful candidate will play a crucial role in developing and enhancing our trading strategies by leveraging quantitative expertise and a deep understanding of financial markets. This position offers the opportunity to make a direct impact on our trading decisions and overall performance. The ideal candidate will possess strong programming skills, a creative mindset, and a passion for the intricacies of financial markets. In this role you will:

  • Design and develop production code for trading strategies, including pricing models, execution logic, and performance optimization while collaborating closely with researchers, traders, and system engineers.
  • Analyze and incorporate market signals into our trading systems to enhance decision-making and performance outcomes.
  • Advance our existing codebase by proposing new solutions, optimizations, and improvements that align with trading goals.
  • Participate in the rapid prototyping of cutting-edge trading solutions driven by quantitative analysis and market research.
  • Stay ahead of industry trends and developments in financial markets to inform strategy adjustments and innovations.
  • Respond quickly and accurately to rapidly changing market conditions, solving mathematical and coding challenges as they arise.
  • Engage in ongoing learning and development to deepen understanding of financial markets and enhance strategic initiatives.
Qualities that make great candidates:
  • Bachelor’s, Master’s, or PhD degree in a technical field, such as Engineering, Computer Science, Mathematics, or Physics (or a related subject), with degree completion required upon employment.
  • 3+ years of experience in a quantitative or programming role, preferably within the finance or trading sectors.
  • Proficient programming skills in Python (C++ is a plus)
  • Desire and ability to learn the complexities of financial markets and trading mechanisms.
  • Deep understanding of fields such as Linear Algebra, Numerical Methods, Statistics, Optimization, Signal Processing, Computer Architecture, Machine Learning, and Heterogeneous/High-Performance Computing.
  • Exceptional analytical and problem-solving skills, with the ability to react quickly and effectively to rapidly changing market conditions.
  • Strong interest in financial markets and trading is highly valued.
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!

In accordance with Illinois Equal Pay Act, the minimum base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate’s experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.

Akin Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data-driven solutions and automation. Their Founding Partners, including Akuna’s CEO Andrew Killion, first conceptualized Akuna.

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