Tower Research Capital
Quantitative Researcher
$150K–$250K
Chicago, IL +1 · Full-time · Posted Oct 30, 2026
- Location
- Chicago, IL
Chicago, IL, United States - Experience
- Five (5) years of experience in a Quantitative Researcher or Quantitative Developer position, job offered, or related occupation.
- Education
- Bachelor’s degree or foreign equivalent in Mathematics, Statistics, Computer Science or related field.
About the job
Researches and develops quantitative trading strategies using market data, exchange simulation, and performance analysis.
What you'll do
- Analyze market data to identify trading opportunities, latency requirements, alpha horizons, and PNL impact; research market microstructure and create high- to mid-frequency alphas.
- Develop, augment, and calibrate exchange simulators; profile and deploy ultra-low-latency trading strategies.
- Create post-trade tools to monitor trading performance and competitiveness.
- Must be able to work onsite at the corporate office 3 or more days per week.
What they ask for
- 3 years of experience with machine learning modeling.
- Experience with low latency trading, mathematics and statistics (including machine learning techniques for large data sets), financial instruments and their derivatives, and CME microstructures and market data protocol.
- Python for scientific computing.
- C++ for designing patterns and template meta-programming.
Pay
$150,000-$250,000 USD annual base salary
Tools
Python, C++
AI focus
Machine learning modeling and techniques for large data sets.
Model-written summary · the original posting is authoritative