1

Quantitative Software Engineer Jobs in Illinois (NOW HIRING)

Collaborate with Traders, Quant Researchers and other Engineers both locally and globally * Develop expertise within the entire software development lifecycle * Learn new technologies and programming ...

Collaborate with Traders, Quant Researchers and other Engineers both locally and globally * Develop expertise within the entire software development lifecycle * Learn new technologies and programming ...

Senior Software Engineer

Chicago, IL ยท On-site

$126K - $166K/yr

Bachelor's degree in a quantitative or technical field, plus five years of experience in software engineering, or a Master's degree in a quantitative or technical field, plus three years of ...

Bachelor's degree in a quantitative or technical field * Passion for software and math applied to ... Programming proficiency and experience (C++, Python). Linux scripting is a plus * Strong work ethic ...

C++ Software Engineer

Chicago, IL ยท On-site

$175K - $225K/yr

As a Software Engineer, you will design and develop software solutions tailored to the hardware ... Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers ...

C++ Software Engineer

Chicago, IL ยท On-site

$175K - $225K/yr

As a Software Engineer, you will design and develop software solutions tailored to the hardware ... Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers ...

C++ Software Engineer

Chicago, IL ยท On-site

$175K - $225K/yr

As a Software Engineer, you will design and develop software solutions tailored to the hardware ... Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers ...

Collaborate with Traders, Quant Researchers and other Engineers both locally and globally * Develop expertise within the entire software development lifecycle * Learn new technologies and programming ...

Senior Software Engineer, C++

Chicago, IL ยท On-site

$185K - $225K/yr

Software Engineers at Flow Traders provide us with our competitive edge, equipping Researchers and ... Working closely with Technologists, Quantitative Researchers, and Traders, you'll guide the ...

Software Engineers at Flow Traders provide us with our competitive edge, equipping Researchers and ... Working closely with Technologists, Quantitative Researchers, and Traders, you'll guide the ...

C++ Software Engineer

Chicago, IL ยท On-site +1

$175K - $300K/yr

... and Quants to develop the next generation of the firm's trading algorithms and strategies ... Our Software Engineers work on small collaborative teams and are a key component for our success.

Software Engineer - Trading Systems

Chicago, IL ยท On-site

$100K - $140K/yr

You'll work closely with experienced engineers, quantitative researchers, and traders to build ... software * Contribute to system design, implementation, and code reviews * Develop and enhance C ...

Collaborate with Traders, Quant Researchers and other Engineers both locally and globally * Develop expertise within the entire software development lifecycle * Learn new technologies and programming ...

Showing results 21-40

Quantitative Software Engineer information

See Illinois salary details

$10.7K

$125.7K

$191.9K

How much do quantitative software engineer jobs pay per year?

As of Aug 12, 2026, the average yearly pay for quantitative software engineer in Illinois is $125,650.00, according to ZipRecruiter salary data. Most workers in this role earn between $112,900.00 and $134,200.00 per year, depending on experience, location, and employer.

What is the difference between Quantitative Software Engineer vs Quantitative Analyst?

AspectQuantitative Software EngineerQuantitative Analyst
CredentialsDegree in Computer Science, Software Engineering, or related field; coding skillsDegree in Finance, Economics, or Mathematics; strong analytical skills
Work EnvironmentDevelops trading algorithms, software tools, and infrastructureBuilds financial models, analyzes market data, and advises on investment strategies
Industry UsageTechnology-driven financial firms, hedge funds, trading firmsInvestment banks, asset management firms, hedge funds

While both roles involve quantitative skills, Quantitative Software Engineers focus on developing software systems and tools used in trading and risk management, whereas Quantitative Analysts primarily analyze data and develop models to inform investment decisions. The roles often collaborate but differ in technical focus and daily tasks.

What is a quantitative software engineer?

Quantitative Software Engineers are professionals who design, develop, and maintain software systems for quantitative analysis, often in finance, trading, or research environments. They combine expertise in mathematics, statistics, and computer science to build models and algorithms that analyze large data sets, optimize trading strategies, or automate decision-making processes. Their work involves close collaboration with quantitative analysts (quants) and requires strong programming skills, typically in languages like Python, C++, or Java. The role is key in ensuring that quantitative models are efficiently implemented and scalable for real-world applications.

What are the key skills and qualifications needed to thrive as a quantitative software engineer, and why are they important?

To thrive as a Quantitative Software Engineer, you need a strong background in mathematics, statistics, computer science, and programming languages such as Python, C++, or Java, typically supported by a relevant degree. Proficiency with data analysis tools, quantitative libraries, and version control systems like Git is essential, and knowledge of financial modeling or algorithmic trading platforms is often required. Strong problem-solving abilities, attention to detail, and effective teamwork distinguish top performers in this field. These skills are crucial for building robust, efficient systems that support data-driven decision-making in high-stakes environments.

What does a quantitative software engineer do?

As a quantitative software engineer, your responsibilities are to design and build tools to develop a platform for clients for the purpose of enhancing various processes they have. To achieve this, you apply advanced analytics and concepts to develop system solutions. Your duties also include researching the computer-software development lifecycle and modeling new products to supplement the software. You assist clients with the quality and timeliness of research, analysis, and development while focusing on best practices. In this role, you typically work with your team and the client to develop, validate, and implement product and software solutions.

How does a quantitative software engineer typically collaborate with researchers and traders in a financial firm?

Quantitative Software Engineers work closely with quantitative researchers and traders to design, implement, and optimize trading algorithms and analytics tools. They often translate research prototypes into robust, production-ready code, ensuring that strategies can be executed efficiently and reliably in real market conditions. Regular collaboration involves participating in cross-functional meetings, gathering requirements, and providing technical feedback to improve both performance and usability of systems. This collaborative environment helps ensure that trading strategies are not only innovative but also technically sound and scalable.
What are popular job titles related to Quantitative Software Engineer jobs in IL? For Quantitative Software Engineer jobs in IL, the most frequently searched job titles are:
Infographic showing various Quantitative Software Engineer job openings in Illinois as of August 2026, with employment types broken down into 1% Internship, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution, with an average salary of $125,650 per year, or $60.4 per hour.

Software Engineer, Early Career

IMC

Chicago, IL โ€ข On-site

$200K/yr

Other

PTO

Re-posted 15 days ago


Job description

Having the best technology drives our business. As a Software Engineer at IMC, you will drive the development of our cutting-edge trading algorithms. You will be responsible for spotting new opportunities, solving problems and developing innovative technologies. Software development here is innovative, pragmatic and fun, even as complexity grows.
Your Core Responsibilities:
  • Build and maintain our trading platform and software stack
  • Bring our trading strategies and technology platform to the next level
  • Collaborate with Traders, Quant Researchers and other Engineers both locally and globally
  • Develop expertise within the entire software development lifecycle
  • Learn new technologies and programming languages in a dynamic environment

Your Skills and Experience:
  • 1-3 years of full-time professional work experience post-graduation
  • BA/BSc/MA/MSc in Engineering, Computer Science or related degree
  • Must have strong knowledge of algorithms and data structures
  • Proficiency in a programming language is required (Java or C++ preferred)
  • Strong analytical skills and interest in solving complex problems programmatically
  • Desire to interact and work closely with non-engineers in a dynamic environment
  • Interest in the financial markets; previous knowledge is NOT required

The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.
Base Salary: $200,000
#LI-DNP
About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.