Design of a simple transimpedance amplifier for large area photodiode
There is a much bigger mistake here than it seems at first glance. The photodiode is a current source only in the reverse direction. It does not receive a reverse voltage here, so it acts as a solar cell and a source of voltage. Plus a large surface antenna. The original circuit is better, where the diode receives some of cut-off voltage.  Even better, if the reverse voltage is just half the supply voltage. This is how the dynamics can be greatest.
DC circuit without diode signal:

With very small sinusoidal illumination (1uW / m2):