Quantitative Research Analyst Jobs in Chicago, IL
Quantitative Research Analyst jobs in Chicago are concentrated in the Loop, River North, and the Fulton Market corridor, with strong demand from finance, trading, and fintech employers. Firms actively hiring include Chicago Trading Company, American Institutes for Research, and AKUNA CAPITAL. Scan the live roles below and apply to whichever ones fit.
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AIR is seeking a Quantitative Research Associate to support applied research, evaluation, and technical assistance projects within the Human and Community Development program. Working as part of interdisciplinary project teams, the Research Associate will contribute to research and implementation efforts across a range of policy areas.
The Human and Community Development program generates evidence-informed solutions and fosters cross-sector collaboration. The Research Associate will contribute primarily to projects in one of the following portfolios, with opportunities to support work across both portfolios based on their skills, experience, and interests:
- Children & Families: Early childhood, early learning, child care, maternal and infant health, and child welfare.
- Safety & Justice: Violence prevention and intervention, youth and adult diversion services, wraparound facilities and reentry supports, and national defense and law enforcement readiness.
About AIR:
Founded in 1946 and headquartered in Arlington, Virginia, the American Institutes for Research (AIR) is a nonpartisan, not-for-profit organization that conducts behavioral and social science research and delivers technical assistance to address some of the most pressing challenges in the United States and globally. We generate evidence and apply data-driven solutions that expand opportunities and improve lives for all.
Responsibilities:
The responsibilities for the position include:
- Assist project teams in compiling and synthesizing information, including conducting literature reviews and policy scans.
- Participate in the collection and review of research and evaluation data.
- Analyze quantitative and qualitative research data and contribute to the interpretation and reporting of findings.
- Prepare documents, report sections, briefs, charts, and graphs that describe and interpret analysis findings.
- Support proposal writing and business development activities.
- Support project management activities, including developing project timelines, coordinating meetings, and tracking project progress.
Qualifications:
Education, Knowledge, and Experience
- Bachelor’s degree in the social sciences, statistics, data science, mathematics, or a closely related quantitative field with 2+ years of experience; or a Master’s degree in one of these fields.
- Experience conducting quantitative data collection.
- Experience managing and cleaning quantitative data.
- Experience using quantitative data analysis software, such as Stata or R.
Skills
- Familiarity with data management, cleaning, analysis, and collaborative coding in R and/or Stata.
- Familiarity with administrative data.
- Attention to detail and commitment to accuracy in data collection and report writing.
- Creative and independent approach to problem-solving and answering questions with quantitative data.
- Ability to work independently and collaboratively as part of a team.
- Proficiency with Microsoft Office Suite.
- Effective communication skills and the ability to collaborate efficiently in a virtual work environment.
- Excellent organizational and time-management skills.
Disclosures: Applicants must be currently authorized to work in the U.S. on a full-time basis. Employment-based visa sponsorship (including H-1B sponsorship) is not available for this position. Depending on project work, qualified candidates may need to meet certain residency requirements.
American Institutes for Research is an equal employment opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without discrimination on the basis of any characteristic protected by applicable federal, state or local law, including, but not limited to, actual or perceived race (including traits historically associated with race, such as hair texture, hair type, and protective hairstyles such as braid, locs, and twists), creed, color, religion, alienage or national origin, ancestry, citizenship status, age, physical or mental disability, medical condition (e.g., cancer), sex, gender, gender identity or expression (including transgender status), sexual orientation, marital status, civil union status, pregnancy, childbirth or related medical conditions, genetic information, or military or veteran status. AIR adheres to strict child safeguarding principles. All selected candidates will be expected to adhere to these standards and principles and will therefore undergo reference and background checks. AIR maintains a drug-free work environment.
ACCESSIBILITY NOTICE: If you need a reasonable accommodation for any part of the employment process due to a physical or mental disability, please send an email to Taliba Boone at tboone@air.org or call 202.403.5000.
Fraudulent Job Scams Warning & Disclaimer: AIR is aware of individuals falsely presenting themselves as AIR representatives. Fraudulent job scams seek to extract sensitive information or money from victims. To protect yourself, please be aware that AIR recruitment will only email you from an “@air.org” domain. Please take extra caution while examining the email address, for example jdoe@air.org is correct and jdoe@aircareers.org is not a legitimate AIR email address. If you are unsure of the legitimacy of a communication you have received, please reach out to recruitment@air.org. If you see a job scam, or lose money to one, report it to the Federal Trade Commission (FTC) at ReportFraud.ftc.gov. You can also report it to your state attorney general. Find out more about how to avoid scams at ftc.gov/scams.
#LI-DP1 #LI-REMOTE
AIR’s Total Rewards Program, is designed to reward our staff competitively and motivate them to achieve our critical mission. This position offers the anticipated annual salary as listed. Salary offers are made based on internal equity within the institution and external equity with competitive markets. Please note this is the annual salary range for candidates that are based in the United States.
Anticipated Hourly Rate Range
$31 - $35 USD
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Quantitative Research Analyst Jobs in Chicago: Frequently Asked Questions
How do I get a quantitative research analyst job in Chicago?
Chicago's strongest hiring comes from proprietary trading firms, asset managers, and financial technology companies, most of which cluster in the Loop and River North. Candidates with a background in statistics, applied mathematics, or financial engineering tend to stand out. Familiarity with derivatives pricing or algorithmic strategies is a clear differentiator in this market, and a network built through Chicago's active quant and finance community opens doors faster than applications alone.
Which companies hire quantitative research analysts in Chicago?
Employers hiring quantitative research analysts in Chicago right now include Chicago Trading Company, American Institutes for Research, and AKUNA CAPITAL, based on current listings on Migrate Mate as of November 2026. Chicago's hiring landscape skews heavily toward proprietary trading firms, hedge funds, and financial technology companies, making it one of the most concentrated quant markets in the country.
Are there remote quantitative research analyst jobs in Chicago?
Yes, though most roles require at least some on-site presence given the collaborative and data-intensive nature of the work. About 67% of quantitative research analyst openings tied to Chicago are remote or hybrid as of November 2026, with hybrid arrangements most common at larger asset managers and fintech firms in the Loop.
How can I get a quantitative research analyst job in Chicago with little or no experience?
The most realistic entry path in Chicago is through a junior quantitative analyst or research associate role at a mid-size asset manager or fintech company, where teams are more willing to train candidates with strong academic backgrounds. Internship programs at Chicago-area trading firms are a well-worn route, and roles in data analysis or financial modeling at insurance companies like those headquartered downtown can serve as a bridge into dedicated quant research positions.
Which industries hire the most quantitative research analysts in Chicago?
The sectors hiring the most quantitative research analysts in Chicago are Investment & Asset Management, based on current listings on Migrate Mate as of November 2026. Chicago's position as a global center for derivatives trading and futures markets drives unusually concentrated demand from finance and trading firms compared to most other U.S. cities.
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