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Quantitative Developer Intern Jobs in Chicago, IL

Akuna Capital

Quantitative Research Intern

Chicago, IL

$130K/yr

What you'll do as a Quantitative Research Intern at Akuna: Akuna's Quant team is looking to add ... Intermediate programming skills in Python * The ability to react quickly and accurately to rapidly ...

Akuna Capital

Quantitative Researcher

Chicago, IL

$145K/yr

Programming experience in Python or C++ * Expertise in statistics and machine learning * Financial ... If you are a current student or recent graduate, please take a look at our Entry Level and Intern ...

Akuna Capital

Quantitative Researcher

Chicago, IL · On-site

$145K/yr

Programming experience in Python or C++ * Expertise in statistics and machine learning * Financial ... If you are a current student or recent graduate, please take a look at our Entry Level and Intern ...

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All JobsQuantitative Developer Intern JobsQuantitative Developer Intern Jobs in Chicago, IL

Quantitative Developer Intern information

See Chicago, IL salary details

$20.5K

$105.8K

$235.1K

How much do quantitative developer intern jobs pay per year?

As of Jun 15, 2026, the average yearly pay for quantitative developer intern in Chicago, IL is $105,760.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,490.00 and $157,555.00 per year, depending on experience, location, and employer.

What types of projects or tasks do Quantitative Developer Interns typically work on during their internship?

Quantitative Developer Interns often work on developing and optimizing algorithms for data analysis, back-testing trading strategies, or building tools for financial model implementation. You may collaborate with quantitative analysts and senior developers to gather requirements, write and debug code, and assist with the integration of new models into production systems. Projects frequently involve handling large datasets, automating data pipelines, and conducting performance testing of code. These experiences allow interns to gain hands-on exposure to real-world financial technology challenges while contributing meaningfully to team goals.

What are the key skills and qualifications needed to thrive in the Quantitative Developer Intern position, and why are they important?

To thrive as a Quantitative Developer Intern, you need strong programming skills (particularly in Python, C++, or Java), a solid background in mathematics or statistics, and enrollment in or completion of a relevant degree such as computer science, mathematics, or engineering. Familiarity with data analysis libraries (e.g., NumPy, pandas), version control systems (like Git), and basic experience with financial modeling or quantitative tools is highly valued. Excellent problem-solving abilities, attention to detail, and effective communication skills help interns collaborate across teams and convey complex ideas clearly. These competencies enable quick adaptation to the fast-paced environment, accurate implementation of quantitative models, and effective teamwork in supporting financial decision-making.

What is a Quantitative Developer Intern job?

A Quantitative Developer Intern works at the intersection of finance, mathematics, and software development. They assist in building, optimizing, and maintaining quantitative models and trading systems. Their responsibilities typically include writing efficient code, working with large datasets, and collaborating with quantitative researchers and traders. The role requires strong programming skills (often in Python, C++, or Java) and a solid understanding of algorithms, data structures, and financial concepts. Interns gain hands-on experience in financial technology and quantitative finance, preparing them for full-time quant developer roles.

What are the most commonly searched types of Quantitative Developer jobs in Chicago, IL? The most popular types of Quantitative Developer jobs in Chicago, IL are:
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What cities near Chicago, IL are hiring for Quantitative Developer Intern jobs? Cities near Chicago, IL with the most Quantitative Developer Intern job openings:
Quantitative Developer Intern jobs near you
Infographic showing various Quantitative Developer Intern job openings in Chicago, IL as of June 2026, with employment types broken down into 17% Internship, 66% Full Time, and 17% Contract. Highlights an 67% In-person, and 33% Remote job distribution, with an average salary of $105,760 per year, or $50.8 per hour.
Quantitative Research Intern

Quantitative Research Intern

Akuna Capital

Chicago, IL

$130K/yr

Other

Posted 23 days ago

Job description

About Akuna:

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 Research Intern at Akuna:

Akuna’s Quant team is looking to add Quant Research Interns to a team of mathematicians, statisticians and technologists for our 10-week Akunacademy internship program in our Chicago office. This team creates trading strategies scientifically by combining its quantitative expertise with sophisticated understanding of derivatives and financial markets.

We are looking for talented researchers who can apply and develop machine learning algorithms to contribute to Akuna’s strategy portfolio. In this role you will:

  • Develop trading strategies using statistical and machine learning algorithms.
  • Design and implement optimization algorithms for portfolio construction.
  • Develop quantitative models describing market behavior.
  • Advance existing initiatives and explore opportunities for new research topics.

Qualities that make great candidates:

  • Pursuing a bachelor’s, masters or PhD in Statistics, Computer Science, Engineering, Mathematics (or a related subject)
  • Expertise in statistics and machine learning
  • Experience building mathematical models for complex real-world problems
  • Intermediate programming skills in Python 
  • 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
  • Financial experience is not a requirement
  • Must graduate by August 2027
  • GPA of 3.5 or above
  • Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using CPT, OPT or STEM

**Resumes must be submitted in PDF format. 

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!

Please note: By submitting an application for this role, you are indicating this is your top preference and acknowledge you will not be considered for other Quant and/or Tech roles at Akuna this recruiting season. This acknowledgement does not limit applications to Trading roles - in addition to this role, you may apply to any Trader roles of interest. 

In accordance with Illinois Equal Pay Act, the minimum annualized base salary starts at $130,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate’s experience, qualifications, and skill set. The minimum base salary herein was determined in good faith by Akuna Capital LLC.

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