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Financial Engineering Jobs in Chicago, IL (NOW HIRING)

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 ...

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 ...

Senior Corporate Bonds Trader

Chicago, IL · On-site

$83K - $105K/yr

Bachelor's, Master's, or Doctorate in Financial Engineering, Statistics, Math, Computer Science or equivalent * Strong counterparty relationships with the street * Experience using ECN/ATS'

Master's degree (or tis equivalent) in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 5 years of ...

Director-Engineering

Chicago, IL · Remote

$170K - $200K/yr

We are seeking a strategic Director (Engineering) to lead our functional business unit, driving operational excellence, financial performance, client growth, and team development. This leadership ...

Advanced degree (MSc, PhD, or equivalent) in a quantitative or technical discipline (Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or similar). * Several years (5+ Years ...

... Financial Engineering, or similar * 1-3 years of research or industry experience in quantitative finance, systematic trading, or applied ML / data science * Strong programming skills in Python ...

Showing results 21-40

Financial Engineering information

See Chicago, IL salary details

$78.3K

$114.2K

$140.1K

How much do financial engineering jobs pay per year?

As of Aug 11, 2026, the average yearly pay for financial engineering in Chicago, IL is $114,152.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,000.00 and $128,300.00 per year, depending on experience, location, and employer.

What is the difference between Financial Engineering vs Quantitative Analyst?

AspectFinancial EngineeringQuantitative Analyst
Required CredentialsDegree in Financial Engineering, Mathematics, or related fields; often certifications like CQFDegree in Finance, Mathematics, or Statistics; certifications like CFA or CQF are common
Work EnvironmentFinancial institutions, hedge funds, investment banks; focus on product development and risk managementTrading desks, asset management firms; focus on data analysis and model development
Employer & Industry UsageUsed in risk management, derivatives pricing, and structured productsUsed in trading strategies, portfolio management, and risk assessment

Financial Engineering and Quantitative Analysts often share similar educational backgrounds and work in related financial sectors. While Financial Engineers focus on creating financial products and managing risks through complex models, Quantitative Analysts primarily analyze data to inform trading and investment decisions. Both roles require strong quantitative skills and often overlap in financial institutions.

What is financial engineering?

Financial engineering is the application of mathematical techniques, computer science, and statistical methods to solve problems and create innovative solutions in finance. Professionals in this field develop new financial products, manage risk, and optimize investment strategies using quantitative models. Financial engineers often work in banks, investment firms, hedge funds, or financial technology companies, helping organizations manage complex financial systems and products. The discipline combines finance, mathematics, statistics, and programming to address challenges in areas like derivatives pricing, risk management, and portfolio optimization.

What jobs do financial engineers get?

Financial engineers typically work as quantitative analysts, risk managers, derivatives traders, or financial modelers in banks, investment firms, hedge funds, and financial technology companies. They use skills in mathematics, programming, and financial theory to develop models for pricing, trading, and risk assessment. Certifications like CFA or FRM can enhance job prospects in this field.

What are the key skills and qualifications needed to thrive as a financial engineer, and why are they important?

To thrive as a Financial Engineer, you need a strong background in quantitative analysis, mathematics, programming, and finance, typically supported by a relevant degree such as financial engineering, mathematics, or computer science. Expertise in programming languages like Python, R, or C++, as well as familiarity with financial modeling software and risk management systems, is essential. Strong problem-solving, analytical thinking, and communication skills set top performers apart in this role. These skills are crucial for designing innovative financial products, managing complex risks, and translating quantitative insights into actionable business strategies.

What are some common challenges faced by financial engineers when implementing quantitative models in real-world financial institutions?

Financial engineers often encounter challenges such as aligning complex quantitative models with existing IT infrastructure and ensuring the models comply with regulatory requirements. Additionally, translating theoretical models into practical, scalable solutions that can handle large volumes of real-time data requires close collaboration with software developers and risk managers. Effective communication with non-technical stakeholders is also crucial, as financial engineers must explain model assumptions and results to decision-makers from diverse backgrounds.
What are the most commonly searched types of Financial Engineering jobs in Chicago, IL? The most popular types of Financial Engineering jobs in Chicago, IL are:
What are popular job titles related to Financial Engineering jobs in Chicago, IL? For Financial Engineering jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Financial Engineering jobs in Chicago, IL look for? The top searched job categories for Financial Engineering jobs in Chicago, IL are:
Infographic showing various Financial Engineering job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $114,152 per year, or $54.9 per hour.

Staff Agentic Software Engineer

CME Group

Chicago, IL • On-site

$125K - $209K/yr

Full-time

Medical, Retirement, PTO

Posted 24 days ago


Job description

CME Group is looking for a senior and experienced Staff Agentic Software Engineer to join a dynamic team responsible for our mission-critical Real-time Positions & Risk Management Systems. 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 software development to an agentic engineering paradigm-leveraging advanced LLM coding tools (e.g., Gemini CLI, Antigravity) to build high-performance systems faster, safer, and at greater scale. As a technical leader, you will balance aggressive AI-driven velocity with the strict safety, low-latency, and zero-downtime requirements of CME Group's core clearing and risk management functions.

Principal Responsibilities

  • Lead the architecture, design, and development of high-volume, low-latency Java applications on Google Cloud Platform (GCP) for mission-critical systems, ensuring ultra-high availability, low jitter, and thread safety.

  • Lead the team's shift toward agentic software engineering. Standardize toolchains, system prompts, context repositories, and agentic loops across the development lifecycle.

  • Build and maintain the shared agent infrastructure: repo-level agent context, MCP server integration, codebase indexing pipelines, and local developer tooling that feed deep, domain-specific context into LLM agents.

  • Design dynamic evaluation harnesses, automated test suites, and CI/CD guardrails specifically tailored to audit, test, and validate AI-generated code for concurrency bugs, memory leaks, and performance regressions.

  • Maintain and enhance high-throughput CI/CD automation pipelines to ensure seamless, secure, and reliable software delivery into production.

  • Mentor engineers through the workflow shift; lead hands-on workshops to train traditional software developers into proficient AI-native engineers.

Core Technical Expertise

  • Bachelor's degree or higher in Computer Science, Mathematics, Financial Engineering, or a related field, with 8+ years of hands-on experience building, deploying, and maintaining scalable real-time systems across the full stack.

  • Expert-level proficiency in Java and the Spring framework. Deep, hands-on experience designing and debugging multi-threaded concurrent applications, lock-free data structures, memory management, thread pools, and race condition diagnostics.

  • Hands-on experience with AI coding agents (e.g. Gemini CLI, Claude Code, Codex, etc) in real production workflows: multi-step agent tasks, agent-authored PRs, agent-driven test generation.

  • Deep experience with Google Cloud Platform (GCP) services (GKE, Pub/Sub, BigQuery, Cloud Run, Dataflow) and real-time messaging frameworks (Kafka, MQ, Flink).

  • Strong proficiency in SQL, Postgres DB, and Python (for scripting, automated evals, data analysis, or tooling integration).

  • Experience with distributed tracing, SLO/SLI monitoring, and chaos engineering in production environments where system failure carries direct financial or regulatory impact.

Agentic Engineering
  • Daily operational fluency with CLI and terminal-based agent environments (Claude Code, Gemini CLI, Codex) as well as agentic IDEs (Cursor, Antigravity).

  • Direct experience configuring system context, building or integrating Model Context Protocol (MCP) servers, function calling, and structured domain-prompting.

  • Proven track record of designing property-based tests, static analysis rules, and code-review workflows specifically built to catch AI hallucinations, edge-case failures, and security vulnerabilities.

  • Demonstrated ability to establish team-wide AI coding norms, measure developer outcome velocity, and champion an AI-first engineering culture.


Staff-level Expectations

  • Drive architecture decisions across team boundaries and be able to articulate tradeoffs clearly to both engineers and stakeholders.

  • Be able to operate under pressure and on-call for system where failure has direct financial or regulatory input

  • Elevate team capabilities through rigorous code reviews, design reviews, pairing, and active mentorship.

  • Contribute to development tooling and engineering culture initiatives.

  • Drive technical leadership by mentoring the team on agentic AI capabilities, accelerating feature delivery while maintaining strict code quality and reliability.

Desirable Qualifications

  • Experience developing software for financial risk management, high-frequency trading, or clearing systems.

  • Experience building internal developer tools, CLI extensions, or custom LLM evaluation harnesses.

  • Familiarity with local model deployments or fine-tuning workflows for enterprise dev environments.

CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The pay range for this role is $125,800-$209,600. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program. Through our benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active pension plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic benefits package for our team and their dependents.

CME Group: Where Futures are Made

CME Group is the world's leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it - all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we're looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone's perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.


CME Group logo

About CME Group

Sourced by ZipRecruiter

As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk. We enable clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. We meet uncertainty and volatility with confidence and clarity, across the trading lifecycle and around the world.

Industry

Finance and insurance

Company size

1,001 - 5,000 Employees

Headquarters location

Chicago, IL, US

Year founded

2007

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