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Finance Development Program Jobs in Chicago, IL (NOW HIRING)

... Finance Development Program (FDP). FDP is a two year program in which associates complete 4 ... The FDP program offers extensive training through each rotation that focuses on development of ...

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Finance Development Program information

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$33K

$123.7K

$206K

How much do finance development program jobs pay per year?

As of Aug 19, 2026, the average yearly pay for finance development program in Chicago, IL is $123,678.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,400.00 and $147,300.00 per year, depending on experience, location, and employer.

What is a finance development program?

A Finance Development Program (FDP) is a rotational program designed to develop future finance leaders by providing hands-on experience in various areas such as financial planning, analysis, accounting, and treasury. Participants gain exposure to different business functions, receive mentorship, and develop essential technical and leadership skills. These programs are typically offered by large companies and last between one to three years, with the opportunity for full-time placement after completion.

What are the key skills and qualifications needed to thrive in the finance development program?

To thrive in a Finance Development Program, candidates typically need a strong academic background in finance, accounting, or a related field, along with analytical and quantitative skills. Familiarity with financial modeling, Excel, ERP software, and sometimes certifications like CFA or CPA are highly valued. Strong soft skills including adaptability, effective communication, and teamwork help participants excel as they rotate through various departments. These competencies are crucial because the program is designed to develop future finance leaders capable of navigating complex business environments.

What types of rotational experiences can I expect in a finance development program?

Participants in a Finance Development Program usually complete multiple rotations in key finance areas such as financial planning and analysis, corporate accounting, internal audit, treasury, and business strategy. Each rotation is designed to build a broad understanding of the company’s financial operations and expose you to different teams, managers, and business units. This structure helps you develop practical skills, expand your professional network, and identify your interests for long-term career growth. The rotations are well-supported, with mentorship and regular feedback to ensure your success in each assignment.

What cities near Chicago, IL are hiring for Finance Development Program jobs?

Cities near Chicago, IL with the most Finance Development Program job openings:

Infographic showing various Finance Development Program job openings in Chicago, IL as of August 2026, with employment types broken down into 92% Full Time, and 8% Part Time. Highlights an 84% In-person, 8% Hybrid, and 8% Remote job distribution, with an average salary of $123,678 per year, or $59.5 per hour.

Research Development Program Manager

University of Chicago Library

Chicago, IL • On-site

Full-time

Medical, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


University Of Chicago rating

8.1

Company rating: 8.1 out of 10

Based on 47 frontline employees who took The Breakroom Quiz

162nd of 619 rated colleges and universities


Job description

Department

BSD DIV - Dean for Basic Science: Staff


About the Department

The Biological Sciences Division (BSD) has a tripartite mission of education, research, and clinical care. In this unique academic community-the largest unit in the University-a unified BSD delivers undergraduate, graduate, medical, and postgraduate education in the biological sciences together with outstanding patient care and world-renowned research. The BSD currently includes approximately 160 faculty in the basic science departments, over 1200 faculty in clinical departments, and 2,400 staff members. The BSD includes the Pritzker School of Medicine (PSOM), approximately 24 academic units, degree-granting committees, and research centers and institutes. In total, the BSD is responsible for the education and training of more than 1,200 undergraduate students per year and 800 graduate and medical students. The 17 doctoral training programs in biological sciences focus on Darwinian sciences, molecular biosciences, neurosciences, biomedical sciences, public health sciences, radiation physics, and the MD/PhD interdisciplinary scientist training program.
The Research Deans (Vice Dean for Basic Science, Vice Dean for Clinical Research, and Associate Dean for Basic Science) within the BSD Dean's Office oversee all basic and clinical research programs in the BSD, and help lead the coordination and integration of all types of basic, clinical, translational, and community research throughout the BSD. The Research Deans are responsible for building strategic programs, as well as the integration of the basic research and graduate education missions, and support early-stage investigators. In this capacity the Research Deans oversee resources such as research space and core facilities, which are designed to support the research mission, as well as the limited opportunity grant review process and Research Development Team. They convene meetings with the Basic Science Chairs, Institute/Center Directors, as well as other key research leaders and committees and provide evaluations of all research faculty candidates. The Research Deans support a diverse group of research-related initiatives and meetings, the bulk of which center around new strategic programs.


Job Summary

The job manages a team of professional staff responsible for the development and implementation of objectives and long-range and strategic plans. Achieves the financial objectives of their department. Identifies new external partners to advance strategic priorities. Communicates and collaborates with internal and external community members and leadership to achieve strategic priorities. The job manages a team of professional staff responsible for the development and implementation of objectives and long-range and strategic plans. Achieves the financial objectives of their department. Identifies new external partners to advance strategic priorities. Communicates and collaborates with internal and external community members and leadership to achieve strategic priorities. The Research Development Program Manager provides operational leadership for the BSD Research Development Team (RDT), driving initiatives that expand the division's capacity to secure external research funding. Core responsibilities include overseeing complex proposal development, supervising Research Development Specialists, and building the programs, resources, and processes that position BSD researchers for competitive success.
Reporting to the Associate Dean for Basic Science, this role serves as a strategic partner to faculty and divisional leadership - advancing institutional research priorities and cultivating a culture of collaboration and scientific excellence.

Responsibilities

  • Lead implementation of RDT initiatives that support BSD strategic priorities, including complex proposal development, strategic investigator support, and institutional research initiatives.

  • Lead the ongoing development of the RDT by evaluating service models, implementing new operational approaches, identifying opportunities to expand institutional impact, and fostering a culture of continuous improvement.

  • Manage the Division's portfolio of complex and high-impact funding opportunities by prioritizing projects, allocating Research Development resources, and ensuring alignment with institutional goals.

  • Supervise, mentor, and evaluate Research Development Specialists while fostering professional development, establishing consistent service standards, and promoting effective project management practices.

  • Lead development and implementation of standardized proposal management processes, collaborative workflows, templates, timelines, and project management systems that improve efficiency, accountability, and proposal quality.

  • Leverage advanced expertise in pre-award research administration, sponsor policies, and institutional processes to guide proposal strategy, ensure regulatory compliance, and facilitate successful submission of complex funding applications.

  • Apply comprehensive knowledge of the full sponsored research lifecycle-from proposal development through award management and closeout-to anticipate downstream administrative and operational considerations that strengthen proposal competitiveness and long-term project success.

  • Partner with divisional leadership, department administrators, faculty, and University administrative offices to coordinate research development activities and facilitate successful multidisciplinary and multi-institutional funding initiatives.

  • Help support the development and delivery of research development programming, educational resources, faculty outreach activities, and investigator support initiatives that increase BSD's long-term research competitiveness.

  • Advise faculty and institutional leadership on proposal strategy, funding opportunities, team science initiatives, and proposal readiness to strengthen the Division's external funding portfolio.

  • Monitor and evaluate RDT performance through operational metrics, process assessment, post-submission evaluations, and continuous improvement initiatives.

  • Identify emerging funding trends, strategic research opportunities, and institutional priorities, and translate those into actionable research development activities and services.

  • Implements objectives, as well as some long-term strategic plans respective to the department's focus.

  • Maintains external partners to advance strategic priorities. Communicates and collaborates with internal and external community members and leadership to achieve strategic priorities.

  • Performs other related work as needed.


Minimum Qualifications

Education:

Minimum requirements include a college or university degree in related field.


Work Experience:

Minimum requirements include knowledge and skills developed through 7+ years of work experience in a related job discipline.


Certifications:

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Preferred Qualifications

Education:

  • PhD in STEM-related field strongly preferred.

Experience:

  • Experience working with faculty in an academic setting and familiarity with academic values and culture strongly preferred.

  • Experience working with NIH program projects or cooperative agreements (e.g., P30, P50, U19, U54 etc.), Foundation proposals, as well as ARPA-H, NSF, and other related federal agencies strongly preferred.

  • Significant knowledge of the full sponsored award lifecycle-from pre-award administration and proposal development through award management and closeout strongly preferred.

Preferred Competencies

  • Ability to work on multiple projects simultaneously, set priorities, and meet tight deadlines strongly preferred.

  • Ability to work on multiple projects simultaneously, set priorities, and meet tight deadlines strongly preferred.

  • Excellent communication skills strongly preferred.

  • Attention to detail and a commitment to providing a high level of service strongly preferred.

  • High degree of professionalism, diplomacy skills, and ability to handle confidential information strongly preferred.

  • Ability to interact with and win the trust and confidence of both faculty and administration strongly preferred.

Application Documents

  • Resume (required)

  • Cover Letter (preferred)


The University of Chicago uses AI-assisted tools to streamline and augment some recruitment processes; however, AI is not used to make hiring decisions.
When applying, the document(s) MUSTbe uploaded via the My Experience page, in the section titled Application Documents of the application.


Job Family

Administration & Management


Role Impact

People Manager


Scheduled Weekly Hours

40


Drug Test Required

No


Health Screen Required

No


Motor Vehicle Record Inquiry Required

No


Pay Rate Type

Salary


FLSA Status

Exempt


Pay Range

$120,000.00 - $165,000.00

The included pay rate or range represents the University's good faith estimate of the possible compensation offer for this role at the time of posting.


Benefits Eligible

Yes

The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.


Posting Statement

The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.

All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.

The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at:http://securityreport.uchicago.edu.Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.


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