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Remote Junior Quant Developer Jobs in Chicago, IL

Cushman & Wakefield

Junior Data Scientist

Chicago, IL · On-site +1

... Quantitative Insight Group's (QIG) analytical capabilities by producing rigorous, insight-driven ... This is not primarily an engineering role, though the ideal candidate will possess data engineering ...

Guidant Power

Remote Electrical Engineer

Chicago, IL · Remote

Job Description/Function Support junior engineers and customers in the field of power systems and ... Analytical skill- Able to structure and process qualitative or quantitative data and draw ...

NinjaHoldings

Lead Risk Systems Developer

Chicago, IL · On-site +1

$115K - $160K/yr

With offices in Chicago, Miami, and around the world through the power of remote work, we are a ... Bachelor's degree in a quantitative or business discipline (e.g., math, statistics, finance ...

NinjaHoldings

Lead Risk Systems Developer

Chicago, IL · On-site +1

$115K - $160K/yr

With offices in Chicago, Miami, and around the world through the power of remote work, we are a ... Bachelor's degree in a quantitative or business discipline (e.g., math, statistics, finance ...

Databento

Quantitative Sales Associate

Chicago, IL · Remote

... developer experience. Our team includes alumni of Two Sigma, Citadel Securities, Flow Traders ... We accommodate 100% remote work, with teammates living around the globe and paid in their local ...

NEXTROW INC

Junior Account Executive

Schaumburg, IL · On-site +1

$50K - $70K/yr

Our team blends strategy, creative, and engineering to deliver measurable outcomes for marketing ... This is an in-office role and is not eligible for remote or hybrid work arrangements. Preferred ...

NEXTROW INC

Junior Account Executive

Schaumburg, IL · On-site +1

$50K - $70K/yr

Our team blends strategy, creative, and engineering to deliver measurable outcomes for marketing ... This is an in-office role and is not eligible for remote or hybrid work arrangements. Preferred ...

Sterling Engineering Inc.

SR Design Engineer

Wheaton, IL · On-site +1

$135K - $160K/yr

Remote/Wheaton, IL Hire Type: Direct Hire Salary: $135K-$160K/YR Benefits: Medical, Dental, Vision ... Mentor junior engineers and contribute to engineering standards, best practices, and technical ...

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Remote Junior Quant Developer information

See Chicago, IL salary details

$62.8K

$110K

$165.9K

How much do remote junior quant developer jobs pay per year?

As of Jul 13, 2026, the average yearly pay for remote junior quant developer in Chicago, IL is $110,045.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,800.00 and $109,700.00 per year, depending on experience, location, and employer.

What is a Remote Junior Quant Developer?

A Remote Junior Quant Developer is an entry-level professional who works from a remote location to support quantitative research and financial modeling, often within banks, hedge funds, or fintech companies. Their responsibilities typically include developing, testing, and maintaining algorithms and quantitative models that help inform trading strategies or risk management. They use programming languages like Python, C++, or R to analyze large data sets and automate processes. As 'junior' developers, they work under the guidance of more senior quantitative analysts or developers while building their technical and financial expertise.

What are the key skills and qualifications needed to thrive as a Remote Junior Quant Developer, and why are they important?

To thrive as a Remote Junior Quant Developer, you need a strong background in mathematics, statistics, and programming (often Python, C++, or Java), typically supported by a relevant degree in quantitative fields like math, physics, or computer science. Familiarity with financial modeling tools, version control systems like Git, and quantitative libraries such as NumPy or pandas is commonly required. Attention to detail, problem-solving abilities, and clear communication are critical soft skills, especially when collaborating remotely with cross-functional teams. These skills ensure accurate model development, efficient code collaboration, and effective teamwork in the fast-paced, data-driven finance industry.

What is the difference between Remote Junior Quant Developer vs Remote Quant Analyst?

AspectRemote Junior Quant DeveloperRemote Quant Analyst
Required CredentialsBachelor's in Math, CS, or related field; some programming experienceBachelor's or higher in Finance, Math, or related; programming skills beneficial
Work EnvironmentCollaborative teams in finance or hedge funds; focus on coding and model developmentResearch-focused; analyzing data, developing trading strategies, reporting
Employer & Industry UsageFinancial firms, hedge funds, asset managersFinancial institutions, investment firms, hedge funds

The Remote Junior Quant Developer primarily focuses on coding, developing algorithms, and building models, often requiring programming skills and a background in math or computer science. In contrast, the Remote Quant Analyst emphasizes data analysis, research, and strategy development, often with a stronger emphasis on finance knowledge. Both roles are common in financial firms and often overlap in skills, but they differ in daily tasks and focus areas.

What are some common challenges faced by remote junior quant developers, and how can they be addressed?

Remote junior quant developers often encounter challenges such as limited access to on-the-spot mentorship, difficulties in understanding complex quantitative models without in-person guidance, and the need to communicate effectively across distributed teams. To overcome these hurdles, it's important to proactively seek regular check-ins with senior team members, utilize collaborative tools for code reviews and project tracking, and participate in virtual study groups or forums. Building strong written communication skills and maintaining a disciplined work schedule can also help ensure steady progress and integration with the team.
What are popular job titles related to Remote Junior Quant Developer jobs in Chicago, IL? For Remote Junior Quant Developer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Remote Junior Quant Developer jobs in Chicago, IL look for? The top searched job categories for Remote Junior Quant Developer jobs in Chicago, IL are:
Remote Junior Quant Developer jobs near you
Junior Quantitative Researcher - Prediction Markets

Junior Quantitative Researcher - Prediction Markets

Akuna Capital

Chicago, IL • On-site, Remote

$145K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 15 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 Junior Quantitative Researcher at Akuna: 

Akuna's Prediction Markets team is looking to add a Junior Quantitative Researcher focused on sports related contracts. The successful candidate will play a crucial role in developing Akuna's sports pricing capabilities, working closely with development and trading teams to refine and deploy these models alongside our strategies. This position offers the opportunity to make a direct impact on an exciting new desk at Akuna. The ideal candidate will possess strong programming and analytical skills, a creative mindset, and a passion for sports. In this role you will:   

  • Design and develop data capture pipelines to enable the pricing of a variety of sports contracts (match outcomes, player props, in-game events)
  • Develop and calibrate pricing models using historical data in service of in-play quoting of sports contracts.
  • Build and maintain internal tooling to facilitate all aspects of the research pipeline
  • Work closely with trading and development to deploy models into production trading strategies, bridging the gap from research to production with an ownership mentality 

Qualities that make great candidates: 

  • Bachelor's, Master's, or PhD degree in a technical field, such as Engineering, Computer Science, Mathematics, or Physics (or a related subject)
  • Proficient programming skills in Python (C++ is a plus)
  • Deep understanding of fields such as Linear Algebra, Numerical Methods, Statistics, Optimization, and Machine Learning
  • Strong interest in sports and quantitative modeling. 

We are especially interested in high agency individuals who are keenly interested in sports and prediction markets. Previous experience at a trading firm is valued but not necessary. If you have a strong quantitative background, have been working on personal projects trading Kalshi or Polymarket, and you want the opportunity to grow at a company with deep trading expertise, we want to hear from you! 

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!

In accordance with Illinois Equal Pay Act, the minimum 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. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.

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