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Senior Quantitative Developer Jobs in Chicago, IL

Quantitative Trader - Futures

Chicago, IL ยท On-site

$150K - $250K/yr

DRW is seeking a Senior Quantitative Trader (Delta One) to join the FICCO options trading business ... Partner closely with developers and trading infrastructure teams to productionize models and ...

Projects undertaken by the Senior Quantitative Analytics Associate are often broad in scope across ... Master's degree (or tis equivalent) in statistics, mathematics, economics, financial engineering ...

Our team spans trading, engineering, and business operations, working together to build and support ... Direct access to founders and senior team members from day one * Ownership early: Manage real P&L ...

Collaborate with quant researchers and engineers to develop new models using our proprietary ... programming skills Why Edgehog: * Small team advantage: Direct access to founders and senior team ...

Quantitative Trading Analyst

Chicago, IL ยท On-site

$100K - $150K/yr

Computer programming experience is highly desirable * Exceptional analytical and problem-solving ... senior staff. While we work exceptionally well as a team in the office, our bonds are further ...

Showing results 21-40

Senior Quantitative Developer information

See Chicago, IL salary details

$144.2K

$177.4K

$200.7K

How much do senior quantitative developer jobs pay per year?

As of Aug 11, 2026, the average yearly pay for senior quantitative developer in Chicago, IL is $177,431.00, according to ZipRecruiter salary data. Most workers in this role earn between $164,227.00 and $190,914.00 per year, depending on experience, location, and employer.

How does a senior quantitative developer typically collaborate with quantitative researchers and traders?

A Senior Quantitative Developer works closely with quantitative researchers to translate their mathematical models into robust, production-ready code. They also partner with traders to understand their workflow needs and ensure that trading systems are reliable, efficient, and responsive to market conditions. Effective communication is key, as the developer must bridge the gap between research insights and operational trading platforms. This collaboration often involves iterative feedback, rapid prototyping, and ongoing support to adapt systems to new strategies or market data.

What is a senior quantitative developer?

A Senior Quantitative Developer is an experienced professional who combines advanced programming skills with deep knowledge of mathematical and statistical modeling to design, implement, and optimize complex financial algorithms and trading systems. They work closely with quantitative analysts and traders to translate mathematical models into efficient, production-ready code, often focusing on areas such as risk management, pricing, and market data analysis. In addition to strong coding abilities, typically in languages like C++, Python, or Java, they are expected to have expertise in financial markets, data structures, and performance optimization. Senior Quantitative Developers often mentor junior team members and contribute to the strategic direction of technology and model development within their firm.

What is the difference between Senior Quantitative Developer vs Quantitative Analyst?

AspectSenior Quantitative DeveloperQuantitative Analyst
Required CredentialsAdvanced degrees in math, finance, or computer science; programming skillsSimilar educational background; strong analytical skills
Work EnvironmentDevelops trading algorithms, implements models, collaborates with tech teamsPerforms data analysis, risk assessment, supports trading strategies
Employer & Industry UsageFinancial firms, hedge funds, investment banksAsset management firms, hedge funds, banks

The main difference is that Senior Quantitative Developers focus on building and implementing trading models and software, while Quantitative Analysts primarily analyze data and develop trading strategies. Both roles require strong quantitative skills, but the developer role emphasizes programming and system development, whereas analysts focus more on data analysis and research.

What are the key skills and qualifications needed to thrive as a senior quantitative developer?

To thrive as a Senior Quantitative Developer, you need a strong background in mathematics, statistics, computer science, and financial theory, typically supported by an advanced degree in a quantitative field. Proficiency in programming languages such as Python, C++, or Java, and experience using quantitative libraries, databases, and version control systems are essential, alongside knowledge of relevant industry tools like MATLAB or R. Strong problem-solving skills, attention to detail, and the ability to communicate complex concepts clearly are crucial soft skills for this role. These abilities enable effective development and implementation of quantitative models, ensuring robust financial analysis and supporting critical business decisions.
What are the most commonly searched types of Quantitative Developer jobs in Chicago, IL? The most popular types of Quantitative Developer jobs in Chicago, IL are:
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Infographic showing various Senior Quantitative Developer job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 49% In-person, and 51% Remote job distribution, with an average salary of $177,431 per year, or $85.3 per hour.

Graduate Quantitative Trader

BlackEdge Capital

Chicago, IL โ€ข On-site

Full-time

Posted 22 days ago


Job description

If you are looking to join a small, dynamic, growing firm in the financial technology sector, you have come to the right place. BlackEdge has built a strong foundation of success as an industry leading market maker in the treasury options space. Now we need talented people like you to build on that foundation by further improving and leveraging our existing success to expand into new markets.
Job Responsibilities:
  • Work with quants and devs to design, implement, and analyze trading system performance.
  • Build expertise in option pricing dynamics and trading strategy optimization.
  • Analyze risk and discuss the implications with the senior traders.
  • Participate in mock trading and other training sessions.
  • Actively manage risk and price options in a fast-paced trading environment.
  • Work on and manage special projects and build trading tools to continuously improve trading operations.

We are looking for:
  • Graduating in 2027 with at least a Bachelors' degree in a STEM field.
  • Strong quantitative skills and logical reasoning.
  • Excellent verbal and written communication.
  • Ability to maintain composure under pressure.

A final note about our culture: we are pursuing excellence in trading. We want to be the best market makers in each product we trade and are relentless in our pursuit of incremental improvement. Every day is an opportunity to get a little bit better. Everyone here takes deep pride and ownership in what they do. The buck doesn't get passed along, it stops with you.