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Chief Scientific Officer Biotech Jobs in Springfield, IL

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Chief Scientific Officer Biotech information

See Springfield, IL salary details

$46.6K

$117.4K

$154.6K

How much do chief scientific officer biotech jobs pay per year?

As of Aug 27, 2026, the average yearly pay for chief scientific officer biotech in Springfield, IL is $117,402.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,500.00 and $141,700.00 per year, depending on experience, location, and employer.

What does a chief scientific officer do in a biotech company?

A Chief Scientific Officer (CSO) in a biotech company is responsible for overseeing the scientific research and development efforts of the organization. They set the scientific strategy, lead research teams, and ensure projects align with business goals and regulatory requirements. The CSO also evaluates new technologies, manages partnerships with academic and industry collaborators, and helps guide the company’s product pipeline from discovery to commercialization. Their leadership is crucial for driving innovation and maintaining the company’s competitive edge in the biotech sector.

What are the main challenges a chief scientific officer faces in a biotech company?

A Chief Scientific Officer in biotech commonly faces the challenge of balancing innovative research with practical business goals. CSOs must lead diverse scientific teams, manage cross-functional projects, and ensure research aligns with regulatory requirements and market needs. They also play a key role in securing funding and communicating scientific strategy to both internal stakeholders and external partners. Navigating the fast-paced nature of biotech, while fostering a collaborative and adaptive research environment, is critical for success.

What are the key skills and qualifications needed to thrive as a chief scientific officer in biotech, and why are they important?

To excel as a Chief Scientific Officer in biotech, a Ph.D. or advanced degree in a life science field, extensive research experience, and a proven track record of scientific leadership are essential. Familiarity with laboratory management systems, data analysis platforms, and regulatory compliance standards (such as FDA or EMA) is typically required. Strategic vision, strong communication, and the ability to foster collaboration across multidisciplinary teams are vital soft skills. These competencies ensure scientific innovation, effective team leadership, and successful navigation of complex regulatory and business landscapes in the biotech industry.

What is the difference between Chief Scientific Officer Biotech vs Research Director Biotech?

AspectChief Scientific Officer BiotechResearch Director Biotech
CredentialsAdvanced degrees (PhD), extensive industry experienceTypically PhD or Master's, with significant research background
Work EnvironmentExecutive leadership, strategic planning, cross-department collaborationResearch teams, project management, laboratory oversight
Employer & Industry UsageBiotech companies, startups, large pharmaResearch institutions, biotech firms, R&D divisions

The Chief Scientific Officer Biotech holds a senior executive role focused on strategic scientific direction and innovation, often overseeing multiple projects and teams. In contrast, the Research Director Biotech manages day-to-day research activities and leads scientific teams. While both roles require advanced scientific credentials, the CSO is more involved in high-level decision-making, whereas the Research Director focuses on project execution and research management.

What are popular job titles related to Chief Scientific Officer Biotech jobs in Springfield, IL?

For Chief Scientific Officer Biotech jobs in Springfield, IL, the most frequently searched job titles are:

What cities near Springfield, IL are hiring for Chief Scientific Officer Biotech jobs?

Cities near Springfield, IL with the most Chief Scientific Officer Biotech job openings:

Chief Scientific Officer Biotech jobs near you
Infographic showing various Chief Scientific Officer Biotech job openings in Springfield, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $117,402 per year, or $56.4 per hour.

Investment Officer - Quantitative Analytics

Springfield, IL • On-site

Trsil
See more jobs at Trsilexternal

Full-time

Medical, Dental, Vision, Retirement

Re-posted 7 hours ago

Job description

It is inspiring to work in an organization where individuals are deeply committed to the mission and values that drive our success.
We are dedicated to delivering expert pension service to Illinois public educators as they earn their promised retirement security.

It is inspiring to work in an organization where individuals are deeply committed to the mission and values that drive our success.
Mission Statement:
Delivering expert pension service to Illinois public educators, helping them achieve their promised retirement security.
The Investments Team:
The Investments team at TRS plays a critical role in advancing the System's mission by managing and monitoring more than $86.4 billion in assets in a highly specialized, performance-driven environment.
Comprised of more than 30 investment professionals and continuing to grow, the team is responsible for evaluating and selecting external investment managers across the portfolio. Investments span a broad range of strategies, including public equities, fixed income, real assets, hedge funds, and private markets. The team's investment process is rigorous and highly analytical, grounded in deep qualitative and quantitative due diligence. Investment professionals engage directly with existing and prospective managers to assess performance, risk, and portfolio fit. The Investments team operates with high expectations for talent, accountability, and collaboration, where the strength of the team directly drives long-term outcomes for the System and its members.
Job Summary:
The Investment Officer is a mid-senior level investment professional in the Investments Department. Under the direction of the Deputy CIO, the Quantitative Analytics Officer will collaborate with the investments team and play a pivotal role in implementing the quantitative investment analysis strategy for the ~$86 billion investment portfolio of the Teachers' Retirement System of the State of Illinois. This position is responsible for coding, developing, and implementing quantitative models seeking to optimize the System's risk-adjusted returns, and providing quantitative analysis that supports the strategic investment decisions across all asset classes. The Officer will collaborate with internal and external stakeholders and contribute to the overall investment analysis strategy to ensure TRS' long-term financial sustainability and growth.

Essential Functions:

  • Quantitative Analysis: Develop and implement quantitative models to analyze asset classes, optimize portfolio construction, and evaluate market opportunities and risks. Apply quantitative techniques to back-test investment ideas and provide ex-ante investment analysis to align portfolios with expectedrisk-return profiles.
  • Risk Management: Work with investment leadership and the Director of Risk to recommend and implement risk management controls and contribute to risk budgeting across portfolios, ensuring compliance with TRS' investment policies and procedures.
  • Data Analytics and Reporting: Deliver analytics to monitor System investment performance, identify trends, and inform investment decisions. Present quantitative findings and recommendations to the Chief Investment Officer, Deputy Chief Investment Officer, internal investment oversight committees, and the TRS Board of Trustees as needed.
  • Collaboration: Work closely with investment leadership, the Director of Risk, investment operations, internal investment teams, investment managers, consultants, and other stakeholders to gather data and insights needed for quantitative modeling and risk assessments.
  • Technology and Innovation: Identify, develop, and integrate new data sources, technologies, and methodologies to improve the accuracy and efficiency of TRS's quantitative models.
  • Communication: Effectively communicate complex quantitative concepts and model outputs to stakeholders, including investment staff, the TRS Board of Trustees and investment leadership, in clear and concise terms.

Minimum Requirements:

  • Education:
    • Bachelor's degree in computer science, mathematics, statistics, engineering, physics, or a related field is required.
  • Experience:
    • Minimum 6 years' experience with quantitative modeling or quantitative investment portfolio management
  • Skills:
    • Advanced proficiency in statistical modeling, data analysis, and programming (Python, R, MATLAB, SQL, etc.).
    • Experience with machine learning, multi-variate regression and similar data analysis techniques.
    • Experience with reporting and data visualization tools such as Tableau or PowerBI.
    • Ability to translate complex quantitative findings into practical investment solutions and strategies.
    • Excellent verbal and written communication skills and ability to work well both independently and within a team environment.
    • Excellent organizational skills, strong analytical and problem-solving skills.
    • Excellent project management skills and ability to build positive working relationships and collaborate in cross-functional teams.
    • A curious mind, passion, and motivation to learn new skills, tools, and techniques necessary to tackle investment challenges.

Please note:The salary range listed for this position is based on the Chicago, IL market. The salary range for Springfield is $126,713 - $197,672.

If you thrive in a dynamic environment and enjoy collaborating with driven, enthusiastic professionals, you will find a rewarding career with us.

For Illinois job seekers:


Pay Range

$145,720.00 - $227,323.00

Compensation will be determined based on the qualifications and experience of each candidate.
Benefits
TRS is an agency of the State of Illinois. As such, full and part-time employees are eligible for the State of Illinois comprehensive benefits program which includes medical, dental and vision coverage. All employees participate in the TRS retirement pension plan and have the option to contribute to additional State of Illinois deferred compensation plans. The TRS pension plan is a reciprocal system to other state and local pension plans (SERS, SURS, IMRF, etc.)

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