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Senior Algorithm Engineer Jobs in Bolingbrook, IL

TransMarket Group

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

... programming skills in a fast-paced environment (Python, C++). Responsibilities * Work with Senior Algorithmic Traders to assist and learn all facets of automated trading * Develop expertise in market ...

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

... programming skills in a fast-paced environment (Python, C++). Responsibilities * Work with Senior Algorithmic Traders to assist and learn all facets of automated trading * Develop expertise in market ...

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

... programming skills in a fast-paced environment (Python, C++). Responsibilities * Work with Senior Algorithmic Traders to assist and learn all facets of automated trading * Develop expertise in market ...

TransMarket Group

Algorithmic Trader Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

... programming skills in a fast-paced environment (Python, C++). Responsibilities * Work with Junior and Senior Algorithmic Traders to assist and learn all facets of automated trading * Develop ...

TransMarket Group

Algorithmic Trader Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

... programming skills in a fast-paced environment (Python, C++). Responsibilities * Work with Junior and Senior Algorithmic Traders to assist and learn all facets of automated trading * Develop ...

Permute AI, Inc

Senior Software Engineer

Chicago, IL · On-site

$180K - $280K/yr

Senior Software Engineer - AI Systems Employment Type: Full-time Company: Permute (www.permute.ai ... Solid foundation in algorithms, statistics, and optimization * Experience building AI agents, LLM ...

Permute AI, Inc

Senior Data Engineer

Chicago, IL · On-site

$180K - $280K/yr

Senior Data Engineer - AI Systems Employment Type: Full-time Company: Permute (www.permute.ai ... Strong foundation in algorithms, statistics, and data modeling * Proficiency with Python and modern ...

Next Step Systems

Senior Software Developer

Chicago, IL · On-site

$56.25 - $74.25/hr

Senior Software Developer, Chicago, IL We are seeking a Senior Software Developer for a great ... Algorithmic Trading, Exchange Connectivity, Financial industry, Trading Industry, Software Engineer ...

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All JobsAlgorithm Engineer JobsSenior Algorithm Engineer JobsSenior Algorithm Engineer Jobs in Bolingbrook, IL

Senior Algorithm Engineer information

See Bolingbrook, IL salary details

$58.8K

$125.1K

$181.5K

How much do senior algorithm engineer jobs pay per year?

As of Sep 11, 2026, the average yearly pay for senior algorithm engineer in Bolingbrook, IL is $125,145.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,300.00 and $141,900.00 per year, depending on experience, location, and employer.

What does a senior algorithm engineer do?

A Senior Algorithm Engineer is responsible for designing, developing, and optimizing complex algorithms that solve technical problems or enhance product performance. They often work with large datasets, machine learning models, or mathematical techniques to create efficient solutions. In addition to coding, they may collaborate with cross-functional teams, review the work of junior engineers, and help set the technical direction for algorithm development projects. Their expertise ensures that products and systems run efficiently and accurately.

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

To thrive as a Senior Algorithm Engineer, you need advanced proficiency in mathematics, computer science, and algorithm design, usually supported by a relevant degree and extensive experience in the field. Expertise with programming languages such as Python or C++, proficiency with machine learning libraries, and familiarity with version control systems like Git are commonly required. Strong problem-solving skills, attention to detail, and the ability to communicate complex ideas clearly help set top candidates apart. These skills are crucial for developing robust, efficient solutions and collaborating effectively on challenging technical projects.

What are some common challenges faced by senior algorithm engineers when deploying algorithms into production environments?

Senior Algorithm Engineers often encounter challenges such as ensuring that algorithms are both scalable and efficient when integrated into real-time systems. Balancing model accuracy with computational resource constraints is a frequent task, as well as addressing data inconsistencies and managing version control for iterative algorithm updates. Collaboration with software engineers and data engineers is essential to ensure smooth deployment, monitor performance, and quickly resolve any production issues. Staying updated with the latest frameworks and best practices also helps in overcoming these challenges.

What is the difference between Senior Algorithm Engineer vs Data Scientist?

AspectSenior Algorithm EngineerData Scientist
Required CredentialsBachelor's or Master's in CS, EE, or related; strong math and programming skillsBachelor's or Master's in CS, Statistics, or related; strong analytical and programming skills
Work EnvironmentDevelops algorithms for software, hardware, or embedded systems in tech companiesAnalyzes data to extract insights, often in tech, finance, or healthcare sectors
Industry UsageCommon in AI, robotics, and software developmentPrevalent in analytics, machine learning, and business intelligence

While both roles require strong programming and analytical skills, Senior Algorithm Engineers focus on designing and optimizing algorithms for technical systems, whereas Data Scientists analyze data to inform business decisions. The roles often overlap in AI and machine learning projects but serve different primary functions within organizations.

Senior Algorithm Engineer jobs near you

Senior Algorithmic Trader

Chicago, IL

TransMarket Group
Semiconductor and Electronic Component Manufacturing • 51 - 200 employees
Learn more about TransMarket Groupexternal

Full-time

Re-posted 22 days ago

Job description

Description

Our Algorithmic Traders use their expert understanding of the financial markets and market microstructure to develop relative value arbitrage trading software and build and improve trading strategies. Our Senior Algorithmic Traders benefit from the resources and scale that our group can provide with its strong team and robust capital base to grow your effective trading strategy to the next level. The ideal candidate will have proven success and discipline in their trading strategies, excellent risk assessment and management, and strong proficiency and experience in applying programming skills in a fast-paced environment (C++, Python, Linux scripting).

Responsibilities

  • Maintain expertise in market microstructure, tick data, and automated trading systems
  • Build and maintain trading quantitative model tools and analytics
  • Develop, code, maintain and support production quality automated trading softwares and strategies
  • Improve strategies and trade execution by performing post trade analyses and developing prediction models.
  • Manage a small group of dynamic Junior Traders and guide research and trading software development projects
  • Mentor Junior Traders and promote their learning on the desk
  • Help steer recruitment initiatives to advance the growth and development of the team

Requirements

  • Bachelor's, Master's, or Doctorate in a technical field or pertinent industry experience
  • Minimum five (5) years of work experience in the trading industry
  • Programming proficiency and experience (C++, Python)
  • Proficiency and experience in Linux scripting are a plus
  • Passion for math and software applied to markets and trading
  • Expert understanding of computing, math, probability, statistics, and finance
  • Strong work ethic and willingness to do what it takes to get the job done
  • Excellent verbal and written communication skills
  • Ability to work within a team in a fast-paced environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

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