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Quantitative Developer Python Jobs in Chicago, IL

Quant

Chicago, IL · On-site

$150K - $250K/yr

The Quant will have the opportunity to work in one of our offices focusing on expanding and ... Experience with Python, C++, and machine learning tools * Ability to understand the optimization ...

Python Developer

Chicago, IL · On-site

$200K - $350K/yr

We are seeking 3 highly skilled and motivated Senior Python Engineer to join their Front Office ... Collaborate closely with traders and quantitative researchers to implement trading strategies and ...

Qualifications: - Advanced quantitative skills. - Proficiency in a high-level programming language (R or Python). - Experience working with large data sets. - Knowledge of Databases (MySQL, SQL, etc ...

Strong programming skills, Python, Java or C++ preferred * Proven success in quantitative modelling and algorithm development * You have experience with options pricing #LI-DNP The Base Salary range ...

Quantitative Researcher

Chicago, IL · On-site

$200K - $400K/yr

Design, engineer and implement research and trading software for electronic trading * Cover ... Advanced coding proficiency in Python, in addition to familiarity and willingness to learn C+

Showing results 41-60

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 Sep 10, 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 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 are the key skills and qualifications needed to thrive as a quantitative developer Python?

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 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:

Infographic showing various Quantitative Developer Python job openings in Chicago, IL as of September 2026, with employment types broken down into 2% Internship, 91% Full Time, 3% Part Time, and 4% Contract. Highlights an 76% Physical, 5% Hybrid, and 19% Remote job distribution, with an average salary of $174,845 per year, or $84.1 per hour.

Quant

Chicago, IL • On-site

3Red Partners
Finance and Insurance • 51 - 200 employees

$150K - $250K/yr

Full-time

Medical, Retirement

Re-posted 9 days ago


Job description

3Red Partners LLC, a proprietary trading firm headquartered in Chicago, is seeking a Quant to join the team. 3Red Partners is committed to leveraging technology and math to implement competitive trading strategies. Our team has extensive, global experience in a wide variety of asset classes, risk management, and leading trading technologies. We focus our efforts on hiring extremely talented and motivated individuals to collaborate with each other and compete in the world's financial markets.

The Quant will have the opportunity to work in one of our offices focusing on expanding and optimizing current and future trading opportunities. We are seeking a candidate that is looking for an opportunity to make a real impact, deliver value, and work within an experienced team.

Your impact:

  • Work with the team to optimize the current strategy components and identify new trading opportunities
  • Research and test alphas to improve existing tools and identify methods to increase trading efficiency  
  • Focus on enhancing the production trading system and rewriting existing trades and signals

Your skills:

  • A Bachelor's, Master's, or PhD degree with an emphasis in a STEM related field (e.g. Mathematics, Statistics, Physics, Computer Science, Data Science, etc.) with more than 2 years of relevant work experience
  • Experience with Python, C++, and machine learning tools
  • Ability to understand the optimization and profiling of trading systems with proven success of developing models in a low latency trading environment
  • Strong multi-tasking skills, including the ability to prioritize and work on multiple projects at one time

Our perks:

3Red offers a competitive compensation and benefits package. In addition to a base salary, we offer performance-based bonuses, reflecting our commitment to rewarding excellence. We also provide comprehensive health benefits, a 401k plan, commuter and wellness reimbursements, as well as several learning and development perks. Our casual dress code, weekly lunches, and team events foster a welcoming and collaborative workplace culture. At our Chicago headquarters, we enhance the workday with fully stocked pantries offering snacks and drinks, a Zen Room for relaxation, and an environment designed to support productivity and well-being.

The expected base salary range for this position is $150,000 to $250,000, depending on qualifications, experience, and skills.

3Red Partners does not accept unsolicited resumes from 3rd party vendors. Any unsolicited resumes will become property of our team.