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Quantitative Developer___ Chicago, IL; Onsite ___

Job in Chicago, Cook County, Illinois, 60611, USA
Listing for: AceStack
Contract position
Listed on 2026-06-03
Job specializations:
  • Software Development
    Data Scientist, Machine Learning/ ML Engineer, AI Engineer
Job Description & How to Apply Below
Position: Quantitative Developer___ Chicago, IL (Onsite) ___ Contract
Job Title:
Quantitative Developer


Location:
Chicago, IL - 100% Onsite from day 1.


Long Term Contract - W2 / C2C

Job Summary: We are seeking a highly experienced and adaptable Quantitative Developer to join our team in Chicago. This role requires a unique blend of strong quantitative and technical skills, deep financial domain knowledge, and a proactive learning attitude. You will collaborate closely with quantitative researchers, risk managers, and portfolio management teams to design, develop, and optimize analytical tools and models in a high-performance computing environment.

Key Responsibilities
  • Design and implement production-grade code that translates quantitative models into efficient and scalable solutions.
  • Work closely with Quantitative Research, Risk, and Equity Portfolio Management teams to support model development and risk analytics.
  • Contribute across the software development lifecycle including requirements analysis, coding, testing, and deployment.
  • Build solutions using a wide array of technologies including Python, PySpark, R, Java, and cloud-based big data platforms like Databricks.
  • Develop in both real-time and batch-oriented architectures.
  • Employ Test-Driven Development (TDD) to ensure code quality, scalability, and maintainability.
  • Continuously explore and integrate modern technologies and industry best practices into development processes.
  • Communicate complex quantitative and technical concepts effectively to non-technical stakeholders.
Required Qualifications
  • Education: Master's or Ph.D. in Computer Science, Mathematics, Financial Engineering, or a related quantitative field from a reputed institution.
  • Experience:
    • Overall 12+ years of IT experience.
    • Must have at least 5-8+ years of progressive experience in software engineering and quantitative development.
  • Technical Skills:
    • Proficiency in Python and PySpark (must-have), with hands-on experience in R and Java.
    • Strong experience with data processing libraries such as Pandas, Polars, CuML, etc.
    • Familiarity with cloud big data platforms, particularly Databricks.
    • Experience working with large datasets and building scalable data pipelines.
  • Domain Knowledge: Solid understanding of financial instruments including securities and derivatives, along with capital markets structure.
  • Development Practices: Strong commitment to clean code, adaptive systems, and iterative design using TDD methodologies.
  • Soft Skills:
    • Quick to learn new technologies and quantitative methods.
    • Able to explain technical strategies and solutions to both technical and business audiences.
Preferred Attributes
  • Exposure to quantitative research and alpha modeling.
  • Experience building risk engines or simulation frameworks.
  • Familiarity with orchestration frameworks like Airflow or equivalent.
  • Ability to work in a fast-paced, collaborative environment with minimal supervision.
To Apply:
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