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Senior Quantitative Researcher Jobs (NOW HIRING)

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.

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Senior Quantitative Researcher information

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$81.5K

$100.1K

$128K

How much do senior quantitative researcher jobs pay per year?

As of Jun 13, 2026, the average yearly pay for senior quantitative researcher in the United States is $100,127.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,500.00 and $103,000.00 per year, depending on experience, location, and employer.

What is a Senior Quantitative Researcher?

A Senior Quantitative Researcher is an expert who uses advanced mathematical, statistical, and computational techniques to analyze data and develop models, often in finance, technology, or scientific research. They lead research projects, create complex algorithms, and provide actionable insights from large datasets. Senior Quantitative Researchers also mentor junior team members, contribute to strategic decision-making, and help organizations gain a competitive edge through data-driven solutions.

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

To thrive as a Senior Quantitative Researcher, you need advanced expertise in mathematics, statistics, and quantitative modeling, typically supported by a graduate degree in a quantitative field such as mathematics, physics, or engineering. Proficiency with programming languages like Python, R, or C++, data analysis tools, and experience with statistical software or high-performance computing platforms is crucial. Exceptional problem-solving ability, strong communication skills, and the capacity to work both independently and collaboratively distinguish top performers in this role. These skills and qualities are vital for developing robust quantitative models, delivering actionable insights, and driving data-driven decision-making within competitive research environments.

What are some common challenges faced by Senior Quantitative Researchers in collaborative projects with portfolio managers and engineers?

Senior Quantitative Researchers often encounter challenges when translating complex mathematical models into actionable strategies that can be implemented by portfolio managers and engineers. Effective communication is crucial, as technical concepts must be clearly explained to non-technical stakeholders. Additionally, balancing the need for rigorous, data-driven analysis with practical constraints such as computational resources and real-time market conditions can be demanding. Successful collaboration requires adaptability, proactive problem-solving, and a willingness to iterate on models based on feedback from cross-functional teams.

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

AspectSenior Quantitative ResearcherQuantitative Analyst
Required CredentialsMaster's or PhD in Finance, Mathematics, or related field; strong programming skillsBachelor's or Master's in related fields; programming skills preferred
Work EnvironmentResearch-focused, often in finance, hedge funds, or asset management firmsData analysis, model development, often in finance or investment firms
Employer & Industry UsageUsed in hedge funds, asset managers, financial institutionsCommon in investment banks, asset management, financial services

The main difference is that Senior Quantitative Researchers typically lead complex research projects, develop new models, and have more advanced credentials, while Quantitative Analysts focus on data analysis, model implementation, and supporting trading strategies. Senior Quantitative Researchers often have more experience and responsibilities in research innovation.

More about Senior Quantitative Researcher jobs
What cities are hiring for Senior Quantitative Researcher jobs? Cities with the most Senior Quantitative Researcher job openings:
What are the most commonly searched types of Quantitative Researcher jobs? The most popular types of Quantitative Researcher jobs are:
Who are the top companies hiring for Senior Quantitative Researcher jobs? The top employers for Senior Quantitative Researcher jobs are:
What states have the most Senior Quantitative Researcher jobs? States with the most job openings for Senior Quantitative Researcher jobs include:
Infographic showing various Senior Quantitative Researcher job openings in the United States as of June 2026, with employment types broken down into 50% Full Time, and 50% Part Time. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $100,127 per year, or $48.1 per hour.
Senior Quantitative Researcher, Buy-Side, PhD Preferred, Onsite - R

Senior Quantitative Researcher, Buy-Side, PhD Preferred, Onsite - R

Next Step Systems

Chicago, IL

Other

Medical, Dental, Life, Retirement, PTO

Posted 21 days ago


Job description

Senior Quantitative Researcher, Buy-Side, PhD Preferred, Onsite in Chicago, IL

We are looking to hire a highly talented Senior Quantitative Researcher to join the technology team. This Senior Quantitative Researcher position is 100% Onsite and NOT open for Remote.

Senior Quantitative Researcher Responsibilities:

- Work collaboratively with the technology and business teams to develop an understanding of complex financial markets, products, and strategies.

- Analyze financial market data to identify patterns and potential opportunities.

- Develop forecasts and building predictive and profitable trading models.

- Explore and work with industry leading software and research tools.

- Work alongside industry experts in the fields of technology and quantitative finance.

- Lead/mentor junior team members.

- Work on challenging and dynamic problems in a team atmosphere.

- Take ownership of and leading projects from start to finish.

Senior Quantitative Researcher Qualifications:

- 5-15 years of relevant experience.

- Futures Asset Class and High Frequency experience preferred.

- Must have direct experience with a Buy-Side firm.

- Knowledge of programming concepts (C++ preferred but not required).

- Experience actively building predictive models and analyzing the market.

- Desire to grow into leadership role preferred.

- Problem solvers who are driven, self-motivated, and "outside of the box" thinkers.

- Motivated, dependable, and responsible team players.

- Excellent written and spoken communication skills.

- Bachelor s, Master s, or PhD in a related field (Mathematics, Statistics, Physics, Computer Science).

- Must be willing to take ownership.

*Looking for candidates from top tier universities with a strong GPA. PhD in mathematics, statistics, physics or engineering is preferred. Will consider candidates who have a Master's degree along with work experience. Top universities include Massachusetts Institute of Technology/MIT, Carnegie Mellon University, Princeton University, Harvard University, University of California-Berkeley, Stanford University, University of Chicago, California Institute of Technology, University of California, Los Angeles, Columbia University, New York University, University of Michigan, Ann Arbor, Yale University, Cornell University, Brown University, etc.

Benefits include medical insurance, dental insurance, retirement plan, PTO, 401K match, life insurance, tuition reimbursement program, free gym membership, flexible spending account, daily catered lunches plus fully stocked kitchen with snacks, etc.

Keywords: Chicago IL Jobs, Senior Quantitative Researcher PhD Preferred, Buy-Side, C++, Java, Python, R, Quant, Machine Learning, Financial, Trading, Software Engineer, Software Developer, Programming, Programmer Analyst, Chicago Recruiters, Information Technology Jobs, IT Jobs, Chicago Recruiting

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