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Quant Jobs in Chicago, IL (NOW HIRING)

As our Quant Director, you won't just oversee research-you will own the commercial impact of our insights. We need a critical thinker to uncover the "problem behind the problem" and ensure our work ...

As our Quant Director, you won't just oversee research-you will own the commercial impact of our insights. We need a critical thinker to uncover the "problem behind the problem" and ensure our work ...

Be ready to troubleshoot and correct any issues. • Collaborate with the portfolio manager, quant researchers, and traders. Qualifications : Required : • Undergraduate or graduate degree in ...

Quantitative Trader

Chicago, IL · On-site

$150 - $200/hr

Quantitative Traders not only become experts in trading technology and its interaction with the market, but they also play a crucial role in the evolution of market micro structure and the driving ...

Quantitative Trader

Chicago, IL · On-site

$150K - $200K/yr

Quantitative Traders not only become experts in trading technology and its interaction with the market, but they also play a crucial role in the evolution of market micro structure and the driving ...

Quantitative Trader

Chicago, IL · On-site

$150K - $200K/yr

Quantitative Traders not only become experts in trading technology and its interaction with the market, but they also play a crucial role in the evolution of market micro structure and the driving ...

Akuna's Quant team is looking to add Junior Quant Researchers to a team of mathematicians, statisticians, and technologists. This team creates trading strategies scientifically by combining its ...

Lead Quantitative Analyst

Chicago, IL · On-site

$114K - $167K/yr

Use quant techniques, machine learning, portfolio construction, risk analytics, and statistical testing to turn investment ideas into durable, rules-based index methodologies. * Push the use of AI ...

Showing results 41-60

Quant information

See Chicago, IL salary details

$101K

$174.8K

$267.3K

How much do quant jobs pay per year?

As of Aug 23, 2026, the average yearly pay for quant in Chicago, IL is $174,845.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,600.00 and $205,000.00 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.

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

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

Infographic showing various Quant job openings in Chicago, IL as of August 2026, with employment types broken down into 17% Internship, and 83% Full Time. Highlights an 83% In-person, and 17% Remote job distribution, with an average salary of $174,845 per year, or $84.1 per hour.

Director - Quantitative Research

The Sound

Chicago, IL

$140K - $160K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago


Job description

Director - Quantitative Research

Quantitative Research Consultancy Chicago, Illinois


At a glance

Who: Quantie who has a killer skillset of being a seller /doer/ mentor with at least 7yrs exp (including 3+ yrs at a research agency)

What: Lead high-stakes quantitative research projects, identify and win new business opportunities, build key accounts into long-term partnerships and mentor junior quanties' on the team.

When: Hiring immediately to support business expansion.

Where: Based in Chicago or the Chicagoland area (Hybrid/In-office).

Office Environment: Collaborative, entrepreneurial, and people focused.

Salary: $140,000-$160,000 (est. base depending on experience)

If you're ready to join a team that values people, creativity, and the power of data to make a difference, we want to hear from you!


What we're looking for

Where Data Meets Humanity (Director, Quantitative Research)


We aren't looking for a data manager; we are looking for a strategic advisor. We're looking for someone who is innately curious about people and looking to grow their career within an innovative boutique culture.


As our Quant Director, you won't just oversee research-you will own the commercial impact of our insights. We need a critical thinker to uncover the "problem behind the problem" and ensure our work addresses the client's true commercial pain points. You won't just answer the brief-you'll challenge it.


The right candidate is a seller/doer with the combined ability to lead consultative quantitative projects and have a proven track record of winning and building business. The Director role is critical to the success of the quantitative team and has a revenue target, people leadership, and project responsibilities across the research process lifecycle.


At The Sound, we thrive on blending the art and science of insights and seeing beyond spreadsheets to find the human heart in every data point. We're not just crunching numbers; we're listening to the stories behind them. We believe data is a conversation, a window into real human experiences.


So, if you're passionate about transforming raw data into compelling narratives that resonate with clients, you've found your tribe.



What you'll be doing

  • Gaining the attention and trust of senior-level clients through building and winning business
  • Building relationships with clients, understanding their unique business needs and creating solutions that will help them win in the marketplace
  • Fully owning a revenue target by identifying new commercial opportunities and demonstrating the ROI of our quantitative products to current and potential clients.
  • Evaluating every proposal through a cost-benefit lens, ensuring our quant solutions are as profitable for the firm as they are precise for the client.
  • Using standard brand and communications management thinking, models, and strategic tools: brand structures and models, positioning vs. purpose, creative strategy vs. execution, etc.
  • Shifting the focus from "what the data says" to "what the business must do," delivering actionable roadmaps that justify investment and drive client ROI.
  • Crafting bespoke analysis plans based on client objectives, carrying out those analyses with team support, and confidently presenting elevated, story-driven narratives to senior stakeholders
  • Applying various quantitative research methodologies (e.g., conjoint analysis, MaxDiff, segmentation/cluster analysis) in terms of survey design and interpretation of results to drive key insights.


What you'll need

  • At least 7+ years prior hands-on quantitative primary (survey-based) research experience, with at least 3+ years on the research agency side.
  • Existing long-term partnerships with clients where you are viewed as a trusted advisor.
  • The ability to drive organic account growth through 'insight-led' business development
  • The ability to break down a client's business problem to its fundamental truths
  • Experience designing and delivering on quantitative-led approaches, such as A&U, Brand Tracking, Concept Evaluation, Copy Testing, Jobs To Be Done, and Segmentation
  • Familiarity with application and interpretation of advanced analytics techniques, such as MaxDiff, TURF and Conjoint analysis
  • Working knowledge of Excel/Sheets, PPT/Slides/Keynote, and Word/Docs; knowledge of DisplayR, SPSS, Decipher, or similar software a plus
  • Strong writing skills are an absolute must, as compelling and impactful storytelling is at the heart of our philosophy.
  • High emotional intelligence and capacity for self accountability.
  • Courage to stand up for what's right, even when unpopular.


Who this role is for

Visionary and Courageous...take the lead

  • You bridge the gap between sophisticated data science and bottom-line revenue, leading a team that transforms complex datasets into high-value strategic assets.

Challengers & Contrarians...we've saved you a seat

  • You don't just follow the data; you interrogate it. We want a contrarian who sparks bold strategies as they approach all data - numeric, text, voice, visual - as insights opportunities.

Intrepid and Ingenious...seeks force of nature

  • You unleash your creative genius, forging powerful strategies with fearless innovation to connect the dots between disparate data sources and adjacent categories

Smart, curious, cheeky and humble...seeks like-minded to change the world

  • Contribute smart as f*ck thinking and support to colleagues on projects, proposals and business development.


Have we piqued your curiosity?

Sound like the role for you? We'd love to hear from you! Even if you're not 100% sure about potential fit, we still encourage you to apply. We're looking for the right person, not the perfect series of checkboxes.


Working at The Sound

We offer a market-competitive salary anticipated around $140,000 - $160,000 base (dependent on experience and role). Actual salaries will vary depending on a qualified role, candidate's experience, qualifications, skills, location and internal equity.


For all your awesome skills, we reward our team members with...

A Total Rewards Package which includes a competitive base salary (above) PLUS...

  • A healthy work/life integration - office closures during the following:
    • Holidays; Winter Break; Summer Fridays; Company retreat
  • Leave benefits tailored to your needs:
    • 4 weeks' vacation leave; 2 weeks' sick leave; sabbatical leave every 5 years
  • Health Benefits including Medical, Dental, Vision, STD, LTD, Life, EAP
  • Flexible Spending, Health Spending, Dependent care and Transit programs
  • Retirement match program; Cell phone reimbursement program; Travel Insurance
  • Gender-neutral parental leave, Adoption Assistance program and Caregiver Program
  • Tuition Reimbursement/Continuing Education program, Internal development opportunities
  • Constant acknowledgment of your performance with shout-outs, bonus incentives, and recognition along the way!
  • Hybrid-work position - With a flexible work schedule, you can hit the gym, catch your kid's big game, take your fur baby for a walk, or meet with friends for an extended lunch - we treat you like a grown-up!


Who we are

The Sound is a Global Exploration, Strategy, and Innovation consulting agency located in Chicago, London, and Vancouver. We use leading-edge market research techniques and marketing models in order to solve client brand, marketing, communications and product challenges.


But we aren't your average brand consultancy. Made up of strategic researchers, brand experts, idea generators and cultural anthropologists. We're best known for providing our clients with the insight, inspiration and strategy needed to answer the brand challenges most important to their business.


We are dedicated to engaging brands with people.

Behind the scenes

EEO: The Sound values DEI and is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work.

AI Use: We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. 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.

Data Privacy Notice: By submitting your application, you acknowledge that BambooHR will process your personal data to evaluate your candidacy and share relevant information with the hiring employer. This processing is based on legitimate interest and pre-contractual measures under applicable data protection laws (including GDPR). You may exercise your rights (access, rectification, erasure, objection) at any time.