Data / Hiring / Illinois / Magma Capital Management LLC
Magma Capital Management LLC in Chicago, IL: 16 certified H-1B and PERM cases, FY2023 to FY2026
Magma Capital Management LLC, Chicago, IL, had 16 certified H-1B and PERM cases in Department of Labor disclosure data, decided from October 3, 2023 to June 23, 2026: 13 H-1B labor condition applications and 3 PERM labor certifications. Its most frequent role is Quantitative Researcher in Chicago, IL, at a median offered wage of $167,500 a year.
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- 84-4490805Employer ID (FEIN)
- Chicago, ILAddress
- 16Certified cases
- 16Positions requested
- 2Denied or withdrawn
Certified cases by fiscal year
Fiscal years run from October 1 to September 30. The latest year covers decisions through June 23, 2026.
| Fiscal year | H-1B | PERM | Positions | Median offered wage |
|---|---|---|---|---|
| FY2024 | 7 | 0 | 7 | $150,000 |
| FY2025 | 1 | 2 | 3 | $160,000 |
| FY2026 | 5 | 1 | 6 | $180,000 |
Roles certified
Cases with the same job title, occupation code and worksite are grouped. Offered wage is the wage the employer filed; the range leaves out the lowest and highest 5% when a group has 20 cases or more. The prevailing wage is the one the employer filed against. A blank worksite means the file does not give one.
| Job title | Occupation | Worksite | Cases | Years | Median offered | Offered range | Median prevailing | Wage level | Program | Latest decision | Latest case number | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Quantitative Researcher | 13-2099 Financial Quantitative Analysts | Chicago, IL | 6 | FY2024 to FY2026 | $177,500 | $150,000 to $185,000 | $123,885 | IV | H-1B | November 14, 2025 | I-200-25307-360157 | dol.gov |
| Quantitative Developer | 15-1252 Software Developers | Chicago, IL | 4 | FY2024 to FY2026 | $167,500 | $150,000 to $175,000 | $148,938 | IV | H-1B | May 29, 2026 | I-200-26141-937077 | dol.gov |
| Quantitative Researcher(s) | 13-2099 Financial Quantitative Analysts | Chicago, IL | 2 | FY2025 | $160,000 | $160,000 to $160,000 | Not listed | PERM | June 24, 2025 | G-100-24043-709882 | dol.gov | |
| Data Engineer | 15-2051 Data Scientists | Chicago, IL | 1 | FY2024 | $100,000 | $100,000 to $100,000 | $89,690 | II | H-1B | May 21, 2024 | I-200-24136-996224 | dol.gov |
| Quantitative Developer(s) | 15-1252 Software Developers | Chicago, IL | 1 | FY2026 | $120,000 | $120,000 to $140,000 | Not listed | PERM | June 23, 2026 | G-100-25152-038500 | dol.gov | |
| Quantitative Researcher- Equities Team Lead | 13-2099 Financial Quantitative Analysts | Chicago, IL | 1 | FY2026 | $250,000 | $250,000 to $250,000 | $124,446 | IV | H-1B | June 12, 2026 | I-200-26044-639633 | dol.gov |
| Quantitative Team Lead | 13-2099 Financial Quantitative Analysts | Chicago, IL | 1 | FY2026 | $300,000 | $300,000 to $300,000 | $124,446 | IV | H-1B | April 20, 2026 | I-200-26103-785272 | dol.gov |
Worksite states
| State | Cases |
|---|---|
| Illinois | 16 |
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Updated June 23, 2026. Read from US Department of Labor, Office of Foreign Labor Certification. Public domain (U.S. government work). A certified labor condition application (H-1B, H-1B1, E-3) or PERM labor certification is an employer filing the Department of Labor approved. It is not a count of people hired or visas issued. Wages are as the employer filed them, converted to a yearly figure at 2,080 hours; a wage whose unit is missing is left blank. The files show the first worksite of a case. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.