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Quantitative Developer Python Jobs in Chicago, IL

Quantitative Developer for a PM team focused on systematic credit and related asset classes. This ... Proficiency in Python, including in the object-oriented design, unit/reg testing, conda environment ...

Quantitative Developer

Chicago, IL · On-site

$150K - $250K/yr

The Quantitative Developer will have the opportunity to work in one of our offices on strategy ... Experience coding in C++ and Python * Strong organizational and software architecture skills with a ...

The Quantitative Developer will have the opportunity to work in one of our offices on strategy ... Experience coding in C++ and Python * Strong organizational and software architecture skills with a ...

Quantitative Developer for a PM team focused on systematic credit and related asset classes. This ... Proficiency in Python, including in the object-oriented design, unit/reg testing, conda environment ...

Quantitative Developer

Downers Grove, IL · Hybrid

$140K - $150K/yr

Automate the existing processes in Python and R to improve efficiency, reduce costs and eliminate ... Must have 2 years of experience in quantitative analyst/ developer positions in a finance-related ...

Quantitative Developer

Chicago, IL · On-site

$150K - $250K/yr

The Quantitative Developer will have the opportunity to work in one of our offices on strategy ... Experience coding in C++ and Python * Strong organizational and software architecture skills with a ...

Quantitative Developer for a PM team focused on systematic credit and related asset classes. This ... Proficiency in Python, including in the object-oriented design, unit/reg testing, conda environment ...

Quantitative Developer

Downers Grove, IL · On-site

$140K - $150K/yr

Automate the existing processes in Python and R to improve efficiency, reduce costs and eliminate ... Must have 2 years of experience in quantitative analyst/ developer positions in a finance-related ...

Senior Quantitative Software Engineer Location: Chicago, IL (Onsite - Local Candidates Preferred ... Strong experience in Python and PySpark (must-have), with additional proficiency in R, Java , and ...

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Quantitative Developer Python information

See Chicago, IL salary details

$101K

$174.8K

$267.3K

How much do quantitative developer python jobs pay per year?

As of May 28, 2026, the average yearly pay for quantitative developer python 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 are the key skills and qualifications needed to thrive as a Quantitative Developer Python, and why are they important?

To thrive as a Quantitative Developer Python, you need a strong background in mathematics, statistics, and programming—particularly with Python—and often a degree in computer science, engineering, or a related field. Expertise with libraries such as NumPy, pandas, and SciPy, as well as experience using version control systems like Git and familiarity with financial data platforms, are typically required. Strong analytical thinking, attention to detail, and effective communication skills help differentiate top candidates in collaborative, high-stakes environments. These skills and qualities are vital for developing robust, efficient quantitative models that drive data-driven decision-making in finance or research settings.

What are the typical collaboration dynamics for a Quantitative Developer Python within a financial firm?

As a Quantitative Developer Python, you will frequently collaborate with quantitative analysts, traders, and other developers to design, implement, and optimize trading algorithms and risk models. Daily interactions often involve gathering requirements from quants, coding solutions, and integrating models into production trading systems. Effective communication is crucial, as you'll need to translate complex mathematical concepts into efficient, maintainable Python code while ensuring alignment with both business objectives and technical standards. This collaborative environment fosters continuous learning and provides opportunities to contribute to impactful projects.

What is a Quantitative Developer Python?

A Quantitative Developer Python is a professional who designs, develops, and maintains software tools and models using Python to support quantitative analysis in finance and investment. They work closely with quantitative analysts (quants) to implement trading algorithms, risk models, and data analysis pipelines. Their expertise in both programming and financial mathematics allows them to translate complex quantitative strategies into efficient and scalable code, often integrating with large datasets and real-time trading systems.

What is the difference between Quantitative Developer Python vs Quantitative Analyst Python?

AspectQuantitative Developer PythonQuantitative Analyst Python
Primary FocusDeveloping trading algorithms, building infrastructure, and implementing modelsAnalyzing data, developing strategies, and assessing risk
Skills & CredentialsProgramming, software engineering, quantitative modelingStatistical analysis, financial modeling, programming
Work EnvironmentFast-paced trading firms, hedge funds, investment banksResearch departments, asset management firms, hedge funds
Tools & TechnologiesPython, C++, SQL, trading platformsPython, R, Excel, statistical software

While both roles require strong Python skills and quantitative knowledge, Quantitative Developers focus on building and maintaining trading systems and infrastructure, whereas Quantitative Analysts primarily analyze data and develop trading strategies. The developer role is more technical and engineering-oriented, while the analyst role emphasizes research and statistical analysis.

What job categories do people searching Quantitative Developer Python jobs in Chicago, IL look for? The top searched job categories for Quantitative Developer Python jobs in Chicago, IL are:

Model Risk Quant Developer -Chicago, IL -Hybrid

FinTrust Connect LLC

Chicago, IL • Hybrid

$100 - $165/hr

Other

This job post has expired today. Applications are no longer accepted.


Job description

About the job Model Risk Quant Developer -Chicago, IL -Hybrid

  • Model Risk Quant Developer -Chicago, IL - Hybrid
FinTrust Connect Chicago IL Hybrid
Share Your Resume and Build Your Future!
Join our Talent Community for Chicago. The city shows steady contractor demand for quantitative developers who can partner with model risk and front office teams to ship production grade analytics and testing frameworks.
Requirements
  • 5 to 9 years in quant development or model engineering
  • Python expert with strong software engineering practices and Git based workflows
  • Experience packaging analytics for production use and validator reruns
  • Knowledge of market or credit or liquidity risk modeling techniques
  • Familiarity with CI and CD and containers and artifact registries
Responsibilities
  • Engineer model libraries and challenger models with clear APIs and documentation
  • Build scenario and sensitivity engines and quality checks for inputs and outputs
  • Maintain continuous testing and nightly backtests with alerts and dashboards
  • Work with stakeholders to translate regulatory asks into code and evidence
Outcomes we track
  • Nightly validation jobs success 99% with auto rerun and notify
  • Mean time to reproduce validation results < 1 hour
  • Repeat findings over two consecutive cycles 0
Compensation and terms
  • Consultant pay $100 to $165 per hour
  • Contract -Hybrid -Chicago, IL or Remote US W2 or 1099
How to apply
  • Apply on our site FinTrust Careers
  • Or email talent@FinTrustConnect.com with subject [Apply] Model Risk Quant Developer Chicago
  • Follow FinTrust Connect on LinkedIn

Keywords
Model Risk, Quant Developer, Python, Risk Analytics, CI CD, Unit Tests, Benchmarking, Challenger Models, SR 11 7, Data Lineage, Docker, Chicago