Investment Management STEM OPT Jobs in Illinois
Investment management F-1 STEM OPT sponsorship jobs in Illinois are concentrated in Chicago's financial district, where firms like Morningstar, Northern Trust, and Citadel employ quantitative analysts, data scientists, and risk modelers. Illinois's depth as a derivatives and asset management hub makes it one of the stronger states for STEM-designated roles that qualify for OPT extension.
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INTRODUCTION
We are Gelber Group -- Passion for Trading. Powered by Technology. For more than 40 years, Gelber has been one of the industry's leading proprietary trading firms, combining entrepreneurial thinking with disciplined execution. Headquartered in Chicago, with offices and remote team members throughout the United States and Europe, we have built a reputation for innovation, longevity, and consistent performance. Through regulated businesses that include a FINRA-registered broker-dealer, a self-clearing Chicago Mercantile Exchange member firm, and an AFM-licensed MiFID II investment firm, Gelber is positioned to trade across all major global financial markets. Our business is driven by a relentless pursuit of new trading opportunities and a deep commitment to technical excellence. We trade a diverse range of asset classes and financial instruments using strategies that span the full spectrum of trading—from high-frequency and systematic approaches to longer-term discretionary trading. This diversity creates an intellectually rich environment where ideas, perspectives, and expertise from across the firm contribute to our continued evolution. Our culture is collaborative, entrepreneurial, and meritocratic. We empower talented people to take ownership, contribute meaningfully, and make an impact early in their careers. We believe our people are our greatest competitive advantage, and we invest in their development by providing meaningful responsibility, exceptional colleagues, and the resources they need to succeed.
ROLE AND RESPONSIBILITIES
As a Software Engineer at Gelber Securities, LLC, you will work directly with a successful trading desk that trades derivatives listed on the U.S. markets. You will work side by side with experienced traders, quants, and other talented engineers to design, develop, and support systems and applications used by both human and algorithmic traders, having a direct and meaningful impact on PnL. An amazing opportunity to learn and grow from a team of intelligent and skilled individuals. This role is for someone who flourishes in a fast-paced environment, has a strong work ethic, clear communication, and a very strong interest in working at a trading firm.
What you’ll do:
- Communicate with engineers, traders, and quants to architect, design, develop, deploy, and support our proprietary trading applications and tools
- Have a significant impact in development for our existing infrastructure in C#, as well as adding new features and applications for our human and algorithmic traders
- Become an expert in the entire trading pipeline and the software and technology that it is built upon, including the back end, front end, and everything in between
- Provide real time support and bug fixes for live trading applications
BASIC QUALIFICATIONS
- Bachelor’s Degree in Computer Science, Computer Engineering, or related field
- 3+ years of work experience working in C#, Java, or C++
- Strong understanding of and experience with an Object Oriented Programming language
- Excellent communication skills specifically when it comes to understanding requirements and translating that into code and fixing bugs
- Self-motivation and ability to work with others in a remote environment
- Understanding of the financial markets is not required, but preferred and must have a strong interest
- Working knowledge of Options, Volatility, and SQL not required but is a plus
COMPENSATION AND BENEFITS
The approximate annual base salary for this position in Chicago, Illinois/Nationwide is $100,000 to $150,000. The actual offer, reflecting the total compensation package plus benefits, will be determined by a number of factors which include but are not limited to the applicant’s experience, knowledge, skills, and abilities; geographic location; and internal equity. In addition to your salary, our total rewards package includes health benefits, a 401(k) plan, PTO, parental leave, professional development, tuition reimbursement and discretionary bonus, enhancing your overall total rewards package.
Gelber offers a wide range of benefits to full-time employees, including:
- Traditional and Roth 401(k) retirement program with discretionary employer match
- Comprehensive health benefits including medical coverage provided by Blue Cross and Blue Shield (PPO and HDHP/HSA) and dental coverage; generous employer cost-sharing
- Tuition reimbursement for Undergraduate and Graduate courses
- Flexible Spending Accounts for health care and dependent care; pre-tax commuter benefits for parking and transit expenses
- Life insurance and long-term disability coverage
- Health club membership with on-site facilities (and reciprocal memberships)
- Generous vacation time (23-day accrual in first full calendar year of employment; prorated accrual in initial year), paid holidays, and paid maternity/paternity leave
- Weekly catered lunches and monthly continental breakfasts (Chicago Headquarters Only)
- Social events including sponsored 5k races and annual company party
- Enjoyable work environment including golf simulator
- Employee referral bonus program
- Charitable giving and company matching opportunities
- Casual, relaxed dress code
If you are based in California, we encourage you to read the Gelber Privacy Notice for California Employees and Applicants, linked here.
STEM OPT Investment Management Job Roles in Illinois
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Search Investment Management Jobs in IllinoisInvestment Management STEM OPT Sponsorship Jobs in Illinois: Frequently Asked Questions
Which investment management companies sponsor F-1 STEM OPT visas in Illinois?
Illinois-based firms with histories of sponsoring STEM OPT workers in investment management include Morningstar, Northern Trust, Citadel, Baird, and William Blair. Larger asset managers and quantitative trading firms filing Labor Condition Applications with the DOL tend to have established OPT sponsorship workflows. Checking DOL OFLC disclosure data by employer name gives a clearer picture of which firms actively file for these roles.
Which cities in Illinois have the most investment management F-1 STEM OPT sponsorship jobs?
Chicago accounts for the overwhelming majority of investment management STEM OPT sponsorship opportunities in Illinois. The Loop and River North financial districts house most major asset managers, hedge funds, and derivatives firms. Suburbs such as Schaumburg and Downers Grove host some financial services operations, but for investment management roles with active STEM OPT sponsorship, Chicago proper is where hiring is concentrated.
What types of investment management roles typically qualify for F-1 STEM OPT sponsorship?
Roles that typically qualify carry STEM degree classifications classified under STEM by ICE, including quantitative analyst, data scientist, financial engineer, risk analyst, and investment technology developer. Positions requiring a bachelor's or advanced degree in mathematics, statistics, computer science, or financial engineering are most consistently STEM-designated. Portfolio management and client-facing advisory roles may not qualify unless the underlying degree and STEM degree classification align with ICE's STEM list.
How do I find investment management F-1 STEM OPT sponsorship jobs in Illinois?
Migrate Mate lets you filter investment management jobs in Illinois specifically by F-1 STEM OPT sponsorship, showing employer LCA filing history so you can identify firms that have sponsored comparable roles before. This is more reliable than applying broadly and asking about sponsorship later. Focus your search on quantitative, data, and technology-oriented roles at Chicago-based asset managers, where STEM OPT eligibility is most commonly established.
Are there any Illinois-specific or industry-specific considerations for F-1 STEM OPT sponsorship in investment management?
Illinois does not impose state-level restrictions on OPT employment, but investment management firms in Chicago often require FINRA licensing for certain roles, which can complicate the OPT timeline since licensing exams take time. Some firms also require Series 3 or Series 65 registration for trading-adjacent roles. Confirming that a role's STEM degree classification appears on the ICE STEM Designated Degree Program list before accepting an offer is essential, as not all finance-labeled positions qualify.