1

Researcher Jobs in Illinois (NOW HIRING)

Quantitative Researcher

Chicago, IL ยท On-site

$200K - $400K/yr

Permanent Quant Researcher, HFT Equities/Futures - NYC/Chicago Anson McCade have partnered with a renowned proprietary trading firm which engages in market making and position-taking strategies ...

Quantitative Researcher

Chicago, IL ยท On-site

$145K/yr

What you'll do as a Quantitative Researcher at Akuna: Akuna's Trading and Research teams are seeking Quant Researchers to join a multidisciplinary group of mathematicians, statisticians ...

Quantitative Researcher

Chicago, IL ยท On-site

$145K/yr

What you'll do as a Quantitative Researcher at Akuna: Akuna's Trading and Research teams are seeking Quant Researchers to join a multidisciplinary group of mathematicians, statisticians ...

Conduct signal, alpha, and feature research to develop models that improve trading strategy performance * Design, backtest, and iterate on quantitative trading models from ideation through production ...

Quantitative Researcher

Chicago, IL ยท On-site

$250K - $300K/yr

Our research team collaborates on idea generation and strategy development, while encouraging independent exploration and original approaches. You will have access to clean data integrated with ...

The core of our effort is rigorous research into a wide range of market anomalies, fueled by our unparalleled access to a wide range of publicly available data sources. ROLE Entry-Level Quantitative ...

Be Seen First

Court Researcher

Chicago, IL ยท On-site

$20/hr

Will conduct court research at any of the court houses located in cook county daily. Must have reliable transportation and working laptop. Pay is bi-weekly by direct deposit. Company Description ...

IMC is looking for experienced quantitative researchers to develop systematic futures trading strategies. Candidates will join a well-resourced effort combining IMC's extensive options trading ...

Quantitative Researcher - Futures

Chicago, IL ยท On-site

$250K - $300K/yr

IMC is looking for experienced quantitative researchers to develop systematic futures trading strategies. Candidates will join a well-resourced effort combining IMC's extensive options trading ...

Evaluative Research Skills: Assess existing publications and research to become subject matter experts on the industries, customers, and economics of specific regions in the western United States.

Quantitative Researcher - Options

Chicago, IL ยท On-site

$250K - $300K/yr

IMC Trading is seeking a Senior Quantitative Researcher to join the options quant team. You will join the team as a senior member with the expectation of leading projects and mentoring juniors.

IMC Trading is seeking a Senior Quantitative Researcher to join the options quant team. You will join the team as a senior member with the expectation of leading projects and mentoring juniors.

Market Researcher

Chicago, IL ยท On-site

$103K - $118K/yr

Evaluative Research Skills: Assess existing publications and research to become subject matter experts on the industries, customers, and economics of specific regions in the western United States.

DESIGN RESEARCHER People are endlessly fascinating, don't you think? We do. Conifer Research is seeking a curious and empathetic Design Researcher who is passionate about humans, learning, and ...

next page

Showing results 1-20

Researcher information

What is a researcher?

Researchers are professionals who systematically investigate topics to discover new information, validate existing knowledge, or solve problems. They work in various fields such as science, medicine, social sciences, and technology. Researchers design studies, collect and analyze data, and present their findings through reports, articles, or presentations. Their work is crucial for advancing knowledge and innovation in many industries.

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

To thrive as a Researcher, you need strong analytical skills, critical thinking, and a solid educational background relevant to the research field, often at least a master's or doctoral degree. Familiarity with data analysis software, laboratory equipment, academic databases, and research methodologies is typically required. Excellent written and verbal communication, curiosity, and collaboration are standout soft skills in this role. These skills ensure rigorous, innovative research outcomes and effective knowledge sharing within the scientific community.

What do researchers do?

The main duty of a researcher is to perform research, the type depending greatly on the field in which you work. For example, someone who works in documentary film might do archival research and look for visual material that would fit well with a particular film. A researcher in a scientific field, such as biomedical technology, may look into particular drug treatments and provide information to clinical trial designers or other academic researchers. Many professors or academics perform research as part of their scholarly duties.

What are some common challenges researchers face when working on collaborative projects, and how can they be addressed?

Researchers often encounter challenges such as coordinating across different disciplines, aligning project goals, and managing communication within collaborative teams. These issues can be addressed by establishing clear roles and responsibilities from the outset, holding regular meetings to ensure alignment, and using collaborative tools to track progress. Open communication and mutual respect among team members are essential for overcoming misunderstandings and fostering a productive research environment.

What is the difference between Researcher vs Data Analyst?

AspectResearcherData Analyst
Required CredentialsBachelor's or Master's in relevant field; often advanced degrees for research rolesBachelor's or Master's in statistics, data science, or related fields
Work EnvironmentAcademic, laboratory, or research institutions; sometimes corporate R&DBusiness, finance, marketing, or healthcare settings; often office-based
Employer & Industry UsageUniversities, research institutes, government agenciesCorporations, consulting firms, government agencies
Common Search & ComparisonResearcher vs Data Analyst

The main difference between a Researcher and a Data Analyst lies in their focus and work environment. Researchers typically conduct experiments, develop theories, and work in academic or research settings, often requiring advanced degrees. Data Analysts analyze data to inform business decisions, usually working in corporate environments with a focus on data interpretation and reporting. While both roles require strong analytical skills, their daily tasks and industry applications differ significantly.

Do I need a PhD to be a researcher?

A PhD is not always required to be a researcher, as many roles accept candidates with a bachelor's or master's degree, especially if they have relevant skills and experience. However, for advanced research positions or academic roles, a PhD is often preferred or required. Skills in data analysis, critical thinking, and familiarity with research tools are also important for success in research roles.

What are the most commonly searched types of Researcher jobs in Illinois?

The most popular types of Researcher jobs in Illinois are:

What cities in Illinois are hiring for Researcher jobs?

Cities in Illinois with the most Researcher job openings:

What are popular job titles related to Researcher jobs in IL?

For Researcher jobs in IL, the most frequently searched job titles are:

Infographic showing various Researcher job openings in Illinois as of August 2026, with employment types broken down into 82% Full Time, 14% Part Time, and 4% Contract. Highlights an 73% Physical, 4% Hybrid, and 23% Remote job distribution.

Quantitative Researcher

Anson McCade

Chicago, IL โ€ข On-site

$200K - $400K/yr

Full-time

Re-posted 14 days ago


Job description

ยฃ200,000-400,000 GBP
sign-on and end-of-year bonuses
Onsite WORKING
Location: Chicago, Illinois - United States Type: Permanent
Quant Researcher, HFT Equities/Futures - NYC/Chicago
Anson McCade have partnered with a renowned proprietary trading firm which engages in market making and position-taking strategies across liquid Equities, Futures, and Options markets. The firm has a flat, collaborative and open environment, where Quantitative Researchers carry out full-stack research from preprocessing data and feature engineering through to strategy implementation and monitoring in live trading.
They have a mandate to hire Quantitative Researchers in either New York and Chicago, and have particular interest in Quants with experience researching ultra-low latency or co-located strategies through to models with intraday/daily trading horizons.
The Role:
  • Design, engineer and implement research and trading software for electronic trading
  • Cover additional functions such as strategy optimization, post-trade analytics and PnL attribution.
  • Use advanced research techniques to develop trading models.
  • Peer-review the research of other quantitatives at the firm and collaborate with development specialists on the implementation and optimisation of alphas.
Requirements:
  • An advanced degree, such as a Master of Science or PhD from a top university in a STEM field of study.
  • Advanced coding proficiency in Python, in addition to familiarity and willingness to learn C++.
  • Prior experience within Quantitative Research for electronic trading is highly beneficial.