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Financial Engineer Jobs in Illinois (NOW HIRING)

Vedder Price

Senior Financial System Engineer

Chicago, IL · On-site

$120K - $145K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Senior Financial Systems Engineer is responsible for the daily technical support of critical financial and accounting systems to ensure accurate system operation, financial data integrity, and ...

CME Group

Staff Agentic Software Engineer

Chicago, IL · On-site

$125K/yr

  • Medical

  • Retirement

  • PTO

This role is pivotal in driving both the technical evolution of our financial platforms and the transformation of our engineering workflows. You will lead the team in transitioning from traditional ...

CME Group

Staff Agentic Software Engineer

Chicago, IL

$125K - $209K/yr

  • Medical

  • Retirement

  • PTO

This role is pivotal in driving both the technical evolution of our financial platforms and the transformation of our engineering workflows. You will lead the team in transitioning from traditional ...

CME Group

Staff Agentic Software Engineer

Chicago, IL · On-site

$125K - $209K/yr

  • Medical

  • Retirement

  • PTO

This role is pivotal in driving both the technical evolution of our financial platforms and the transformation of our engineering workflows. You will lead the team in transitioning from traditional ...

Ameriprise Financial

Financial Advisor

Downers Grove, IL · On-site

$45K - $60K/yr

... and developers • Risk managers • Sales and marketing professionals • Teachers and educators About Our Company We're a diversified financial services leader with more than $1.5 trillion in ...

Ameriprise Financial

Financial Advisor

Chicago, IL · On-site

$45K - $60K/yr

As a Financial Advisor with Ameriprise, you'll help shape your clients' financial futures for each ... and developers Risk managers Sales and marketing professionals Teachers and educators About Our ...

Ameriprise Financial

Financial Advisor

Chicago, IL · On-site

$45K - $60K/yr

... and developers • Risk managers • Sales and marketing professionals • Teachers and educators About Our Company We're a diversified financial services leader with more than $1.5 trillion in ...

Ameriprise Financial

Financial Advisor

Downers Grove, IL · On-site

$45K - $60K/yr

As a Financial Advisor with Ameriprise, you'll help shape your clients' financial futures for each ... and developers Risk managers Sales and marketing professionals Teachers and educators About Our ...

ProSight Financial Association

Software Engineer

Chicago, IL · On-site

$75K - $95K/yr

  • Retirement

  • PTO

Manager, Software Engineering BAI and RMA have come together as ProSight Financial Association, a leading industry organization whose purpose is to empower financial services leaders to strengthen ...

ProSight Financial Association

Software Engineer

Chicago, IL · On-site +1

$75K - $95K/yr

  • Retirement

  • PTO

Manager, Software Engineering BAI and RMA have come together as ProSight Financial Association, a leading industry organization whose purpose is to empower financial services leaders to strengthen ...

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Showing results 21-40

All JobsFinancial Engineer JobsFinancial Engineer Jobs in Illinois

Financial Engineer information

See Illinois salary details

$73.6K

$107.4K

$131.8K

How much do financial engineer jobs pay per year?

As of Aug 15, 2026, the average yearly pay for financial engineer in Illinois is $107,380.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,900.00 and $120,600.00 per year, depending on experience, location, and employer.

What is the difference between Financial Engineer vs Quantitative Analyst?

AspectFinancial EngineerQuantitative Analyst
Required CredentialsDegree in finance, mathematics, or engineering; often CFA or FRM certificationsDegree in finance, mathematics, or statistics; often CFA or FRM certifications
Work EnvironmentFinancial institutions, hedge funds, investment banksAsset management firms, hedge funds, investment banks
Job FocusDeveloping complex financial models, derivatives pricing, risk managementData analysis, model development, trading strategies
Common UsageDesigning financial products and strategiesAnalyzing data to inform trading decisions

Financial Engineers and Quantitative Analysts share similar educational backgrounds and certifications, often working in similar environments like investment banks and hedge funds. While Financial Engineers focus on creating complex financial models and derivatives, Quantitative Analysts primarily analyze data to support trading strategies. Both roles require strong quantitative skills and contribute to financial innovation and risk management.

What are some common challenges financial engineers face when developing quantitative models, and how can they address them?

Financial Engineers often encounter challenges such as ensuring model accuracy, dealing with incomplete or noisy data, and adapting models to rapidly changing market conditions. Addressing these issues typically requires strong collaboration with data scientists, risk managers, and traders to validate assumptions and stress-test models under various scenarios. Staying current with industry trends and regulatory requirements also helps Financial Engineers maintain robust, compliant solutions that add value to their organizations.

What skills should a financial engineer have?

To thrive as a Financial Engineer, you need a strong background in mathematics, statistics, finance, and programming, typically supported by a degree in quantitative fields such as finance, mathematics, engineering, or computer science. Familiarity with technical tools like Python, R, MATLAB, financial modeling software, and sometimes certifications like CFA or FRM is highly valued. Exceptional problem-solving, analytical thinking, and the ability to communicate complex concepts clearly are vital soft skills. These skills and qualifications are crucial for designing innovative financial models, managing risks, and enabling data-driven decision-making in complex financial environments.

What jobs do financial engineers get?

Financial engineers typically work as quantitative analysts, risk managers, derivatives traders, or financial modelers in banking, investment firms, hedge funds, and insurance companies. They use skills in mathematics, programming, and financial theory to develop models and strategies for trading, risk assessment, and asset management.

What is a financial engineer?

A financial engineer, also called a computational engineer, advises clients on investment strategies and risk management based on quantitative analysis of their portfolio and the atmosphere in the stock market. As a financial engineer, your job duties include analyzing the stock market to predict how stocks will perform, building models of trends in the stock market based on market history, and make recommendations on how to manage their portfolio.

What is a financial engineer?

A Financial Engineer is a professional who applies mathematical techniques, computational tools, and financial theory to solve complex problems in finance. They are often involved in designing financial products, developing risk management strategies, and building quantitative models for pricing, trading, and portfolio management. Financial Engineers typically work for banks, investment firms, or financial technology companies, and their expertise is essential for managing financial risks and innovating new financial instruments.
More about Financial Engineer jobs

What are the most commonly searched types of Financial Engineer jobs in Illinois?

The most popular types of Financial Engineer jobs in Illinois are:

What are popular job titles related to Financial Engineer jobs in Illinois?

For Financial Engineer jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Financial Engineer jobs in Illinois look for?

The top searched job categories for Financial Engineer jobs in Illinois are:

What cities in Illinois are hiring for Financial Engineer jobs?

Cities in Illinois with the most Financial Engineer job openings:

What are popular job titles related to Financial Engineer jobs in IL?

For Financial Engineer jobs in IL, the most frequently searched job titles are:

Financial Engineer jobs near you
Infographic showing various Financial Engineer job openings in Illinois 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 $107,380 per year, or $51.6 per hour.

Senior Financial System Engineer

Vedder Price

Chicago, IL • On-site

$120K - $145K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 29 days ago

Job description

Vedder's Chicago office is seeking a Senior Financial Systems Engineer. The Senior Financial Systems Engineer is responsible for the daily technical support of critical financial and accounting systems to ensure accurate system operation, financial data integrity, and successful audits. As the functional expert on the Firm's financial systems, this role serves as the technical point of contact and partners closely with Accounting, Business Intelligence, and the Information Technology (IT) department. The role designs and documents technical solutions, system updates, workflow improvements, and makes appropriate recommendations that positively impact operational effectiveness.
The ideal candidate combines deep technical experience with a strong understanding of how systems support law firm financial processes, including billing, collections, general ledger management, and time entry.
As the Senior Financial Systems Engineer, your duties will include but not be limited to:
  • Drive the administration, configuration, maintenance, and enhancement of the firm's financial management platforms. Serve as the technical lead and trusted advisor to the Accounting team
  • Oversee the technical aspects and processes of implementing new systems related to Finance and Accounting.
  • Develop, document, and execute validation plans, test scripts, and acceptance criteria for financial systems, upgrades, integrations, reports, and configuration changes.
  • Lead User Acceptance Testing (UAT) activities and coordinate validation efforts with Finance, Accounting, and business stakeholders.
  • Ensure system changes meet business requirements and comply with internal controls, audit requirements, and business objectives.
  • Document test results, defects, remediation activities, and final approvals for production deployment.
  • Provide escalated technical support to users of financial applications.

Skills & Competencies:
  • Effective written and oral communication skills. Strong interpersonal skills required to communicate with IT team members, internal customers, and vendors. Displays a customer-service attitude and a high sense of urgency in resolving technical issues.
  • Strong organizational skills, with the ability to drive and coordinate multiple activities in a results-oriented environment.
  • Highly available and responsive to occasional after-hours issues, as the Firm operates on a 24x7 basis.

Qualifications & Required Experience:
  • Bachelor's degree in Computer Science, Management Information Systems, Accounting, Finance, or a related field.
  • Minimum of five years of financial or accounting systems experience in the legal industry.
  • Proven experience with core financial software applications, such as Elite 3E, Intapp Time, and Emburse Enterprise.
  • In-depth experience with Boomi integrations, APIs, SQL, and stored procedures.
  • Knowledge of generally accepted accounting principles.
  • Experience with business and technical requirements analysis, business process modeling/mapping, methodology development, and data mapping.
  • Ability to work under pressure to meet strict deadlines.

Compensation Range: $120,000/yr. to $145,000/yr
At Vedder, we believe in recognizing and rewarding our employees' contributions. Our comprehensive Total Rewards Package includes:
  • Competitive Salary: We offer a competitive base salary commensurate with skills and experience.
  • Bonus Program: Discretionary annual bonus program.
  • Retirement Planning: Discretionary profit sharing and 401(k) matching to help you plan for your future.
  • Health and Wellness: Comprehensive health, dental, and vision plans, along with optional health savings and flexible spending accounts, firm-paid Life and Disability benefits, and wellness programs to support your overall well-being.
  • Paid Time Off: Competitive time off package including vacation days, paid holidays, sick time and personal days.
  • Professional Development: Opportunities for continuous learning and career growth through firm provided training programs.
  • Employee Recognition: Anniversary and Vedder Praise Programs to celebrate your achievements and milestones.
  • Work-Life Balance: Hybrid work model and family-friendly policies.
  • Additional Perks: Employee discount program, pre-tax commuter benefits, back up child & elder care, Employee Assistance Program (EAP), fitness center discounts and more.

Join Vedder and be part of a team that values hard work and dedication!
Equal Employment Opportunity
Vedder Price P.C. is an equal opportunity employer. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability (where applicant is qualified to perform the essential functions of the job with or without reasonable accommodations), medical condition, protected veteran status, gender identity, genetic information, or any other characteristic protected by federal, state, or local law. We participate in E-verify.
Applicants who are interested in applying for a position and require special assistance or an accommodation during the process due to a disability should contact the Vedder Recruiting Team at recruiting@vedder.com
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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