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Senior Quantitative Developer Jobs in Chicago, IL

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 ...

Quantitative Execution Trader

Chicago, IL · On-site

$128 - $173/hr

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 ...

... senior stakeholders. Following training, you'll return to Chicago and roll onto two project ... Build quantitative pricing models, for example American Option Pricing and Volatility Modeling

Showing results 41-60

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:
What are popular job titles related to Senior Quantitative Developer jobs in Chicago, IL? For Senior Quantitative Developer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Senior Quantitative Developer jobs in Chicago, IL look for? The top searched job categories for Senior Quantitative Developer jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Senior Quantitative Developer jobs? Cities near Chicago, IL with the most Senior Quantitative Developer job openings:
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.

Quantitative Trading Analyst

Wolverine

Chicago, IL

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago


Job description

Description
Wolverine is looking for individuals motivated to learn the inner workings of a highly automated Market Making operation and eager to solve a broad range of problems within this segment of the financial markets.
Successful candidates can expect to sit on one of our trading desks and learn Wolverine's approach to systematic Market Making, taking active ownership of a portion of our portfolio to build your knowledge base while also working on contained quantitative projects. We believe strongly that through this process of experiential learning, you will gain a broader perspective on how market makers fit into the financial system, enabling you to have more impactful long-term contributions towards the development of our automated systems and trading philosophies. This extended training period leads directly into a role in which you will shift your focus away from the direct management of our portfolio and towards driving our pricing, micro-structure strategy, and other pursuits that rely on the combination of your quantitative skillset and business understanding.

What You’ll Do
  • Learn how to provide liquidity electronically to the marketplace and manage dynamic options exposures.
  • Maximize market making revenues through the management of settings and processes that affect our risk accumulations.
  • Conduct ad-hoc quantitative analyses within the domains of settings optimization, market microstructure research, key performance metric monitoring, and options pricing theory.

What We’re Looking For
  • Bachelor's degree in analytical/quantitative field of study such as statistics, economics, mathematics, or computer science
  • Computer programming experience is highly desirable
  • Exceptional analytical and problem-solving skills
  • Strong communication skills and a desire to work in a team environment
  • Self-starter and independent attitude
  • Demonstrated interest in financial markets and technology (finance background is not required and Options Education will be provided)

Why Join Us
Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff. While we work exceptionally well as a team in the office, our bonds are further strengthened through company events, activities and giving back. Volleyball, soccer, hockey, 5K runs, picnic, parties, and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together, we foster creativity and broaden our imaginations to accomplish new challenges.
 
Benefits:
  • Highly competitive salary & bonus opportunity
  • Generous paid time off and flexible scheduling
  • 100% coverage of medical, dental, vision, life, and disability benefits for single coverage
  • Generous Paid Parental Leave
  • Retirement Plans: 401K and Roth 401K
  • Profit sharing plan
  • Long- and short-term disability 
Additional Perks:
  • Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)
  • On-site gym with a subsidized membership
  • Frequent company outings
  • Opportunity to give back to organizations that help individuals in need in the Chicagoland area
Professional Development:
  • In-house education team – classes and resources are offered for continuous learning opportunities
  • Mentorship Program through your first six months of employment
The base compensation range for this role is approximately $100,000-$150,000 contingent on experience. Wolverine Trading's total compensation model includes base salary and an annual discretionary bonus.