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Quantitative Developer Intern Jobs in Chicago, IL

Quantitative Research Intern

Chicago, IL · On-site

$250K - $300K/yr

As a Quantitative Research Intern you will have an opportunity to solve challenging problems ... Proficient programming skills with experience exploring large datasets * Strong analytical and ...

As a Quantitative Research Intern, you will work side-by-side with our Research Team of ... Proficiency in any programming language * Experience in machine learning, with practical ...

Showing results 21-40

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 Aug 16, 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 does a quantitative developer intern 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 as a quantitative developer intern, 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?

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:

What job categories do people searching Quantitative Developer Intern jobs in Chicago, IL look for?

The top searched job categories for Quantitative Developer Intern jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Quantitative Developer Intern jobs?

Cities near Chicago, IL with the most Quantitative Developer Intern job openings:

Infographic showing various Quantitative Developer Intern job openings in Chicago, IL as of August 2026, with employment types broken down into 81% Full Time, 5% Part Time, and 14% Contract. Highlights an 82% Physical, 6% Hybrid, and 12% Remote job distribution, with an average salary of $105,760 per year, or $50.8 per hour.

Quantitative Development & Strategy Intern, Summer 2027

Akuna Capital

Chicago, IL • On-site

$145K/yr

Full-time, Temporary, Internship

Re-posted 3 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 Development & Quantitative Strategy Intern at Akuna:
Akuna's Quant team creates trading strategies scientifically by combining its quantitative expertise with sophisticated understanding of derivatives and financial markets. The team is looking to add both Quant Development & Quant Strategy Interns to our team for our 10-week Akunacademy internship program who will make a direct and measurable impact on our trading decisions and performance.
The successful candidate will have a strong programming background, familiarity with mathematical techniques and the fluency to leverage both skills to produce trading solutions and high-performance production code. In these roles you will:
  • Design and develop production code of trading strategies: pricing models, execution logic and performance optimization along with researchers, traders and system engineers
  • Analyze and incorporate market signals in our trading systems
  • Advance existing codebase and propose new solutions and improvements

Requirements for these roles:
  • Pursuing a bachelors, masters, or PhD in a technical field - Engineering, Computer Science, Math, Physics (or related subject)
  • Strong Python programming background
  • Experience in object-oriented programming
  • Exposure to linear algebra and introductory statistics
  • Desire and ability to learn the intricacies of financial markets
  • Must graduate by August 2028
  • 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

Qualities that make great candidates:
  • Experience with generic and/or parallel programming
  • Deeper understanding of any of the following fields: Linear Algebra, Numerical Methods, Statistics, Optimization, Signal Processing, Computer Architecture, Machine Learning, Heterogeneous/High Performance computing
  • 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
  • Exposure to financial markets and trading

**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 $145,000. 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.