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Manager Machine Learning Finance Jobs in Wheaton, IL

The Role We are seeking a Senior Manager to lead our Machine Learning (ML) team in the subrogation ... Experience in subrogation, claims processing, insurance or financial technology * Experience in ...

We also help merchants connect with their customers, process exchanges and returns, and manage risk ... Relevant Modeling experience in credit scoring, fraud detection, financial forecasting, or ...

We also help merchants connect with their customers, process exchanges and returns, and manage risk ... Relevant Modeling experience in credit scoring, fraud detection, financial forecasting, or ...

Senior Machine Learning Engineer

Schaumburg, IL · On-site

$120K - $159K/yr

... your finances. And if it's career development you desire, we provide that, too! At Paylocity ... Senior Engineer Machine Learning Position Overview Paylocity is growing its Machine Learning ...

Senior Machine Learning Engineer

Schaumburg, IL · On-site

$120K - $159K/yr

... your finances. And if it's career development you desire, we provide that, too! At Paylocity ... Senior Engineer Machine Learning Position Overview Paylocity is growing its Machine Learning ...

Senior Machine Learning Engineer

Schaumburg, IL · On-site

$120K - $159K/yr

... your finances. And if it's career development you desire, we provide that, too! At Paylocity ... Our machine learning engineering team is responsible for developing infrastructure and tooling to ...

Machine Learning Researcher

Chicago, IL · On-site

$250K - $300K/yr

Manage data acquisition, preprocessing, and feature engineering for structured and unstructured ... Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon ...

Design and deploy machine learning models to enhance trading performance across various asset ... Manage data acquisition, preprocessing, and feature engineering for structured and unstructured ...

Sr Machine Learning Engineer

Chicago, IL · On-site

$57.50 - $76/hr

We also help merchants connect with their customers, process exchanges and returns, and manage risk ... financial forecasting, or marketing analytics - gained through industry or academic research.

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Manager Machine Learning Finance information

See Wheaton, IL salary details

$40.6K

$120.2K

$163.3K

How much do manager machine learning finance jobs pay per year?

As of Jul 21, 2026, the average yearly pay for manager machine learning finance in Wheaton, IL is $120,162.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,300.00 and $162,400.00 per year, depending on experience, location, and employer.

What does a Manager of Machine Learning in Finance do?

A Manager of Machine Learning in Finance oversees teams that develop and implement machine learning models to solve financial problems, such as risk assessment, fraud detection, and algorithmic trading. They coordinate with data scientists, engineers, and business stakeholders to ensure models meet regulatory standards and align with company goals. Additionally, they are responsible for project management, mentoring team members, and staying updated with advancements in both finance and artificial intelligence.

What are the key skills and qualifications needed to thrive as a Manager of Machine Learning in Finance, and why are they important?

To thrive as a Manager of Machine Learning in Finance, you need strong expertise in machine learning, statistics, and financial analysis, typically supported by a relevant advanced degree and experience in both data science and finance. Familiarity with programming languages like Python or R, cloud platforms, and machine learning frameworks such as TensorFlow or Scikit-learn is essential, along with knowledge of regulatory compliance systems. Exceptional leadership, strategic thinking, and communication skills set top candidates apart by enabling effective team management and cross-functional collaboration. These skills and qualities are crucial to drive innovative solutions, ensure regulatory adherence, and deliver business value in a complex financial environment.

What is the difference between Manager Machine Learning Finance vs Data Scientist Finance?

AspectManager Machine Learning FinanceData Scientist Finance
Required CredentialsBachelor's or Master's in Computer Science, Data Science, or Finance; certifications in machine learning or data analysisBachelor's or Master's in Data Science, Statistics, or related fields; often includes certifications in data analysis or programming
Work EnvironmentLeads teams, manages projects, collaborates with stakeholders in financeAnalyzes data, develops models, supports decision-making in finance teams
Employer & Industry UsageFinancial institutions, hedge funds, investment firmsFinancial firms, banks, fintech companies

The Manager Machine Learning Finance oversees teams and projects applying machine learning to finance problems, focusing on leadership and strategy. In contrast, Data Scientists in finance primarily analyze data and develop models to support financial decisions. Both roles require strong technical skills, but the manager role emphasizes team management and project oversight.

How does a Manager of Machine Learning in Finance typically collaborate with cross-functional teams?

A Manager of Machine Learning in Finance often works closely with data scientists, software engineers, financial analysts, and business stakeholders. They are responsible for translating business problems into machine learning solutions and ensuring models meet both technical and regulatory requirements. Regular meetings and clear communication are essential, as the manager must align team efforts with organizational goals, facilitate knowledge sharing, and integrate model outputs into financial decision-making processes. Collaboration also involves coordinating with IT for data infrastructure and with compliance teams to uphold data privacy standards.
What job categories do people searching Manager Machine Learning Finance jobs in Wheaton, IL look for? The top searched job categories for Manager Machine Learning Finance jobs in Wheaton, IL are:
Infographic showing various Manager Machine Learning Finance job openings in Wheaton, IL as of July 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $120,162 per year, or $57.8 per hour.
Manager Machine Learning Engineering

Manager Machine Learning Engineering

Paylocity

Schaumburg, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 20 days ago


Paylocity rating

7.6

Company rating: 7.6 out of 10

Based on 68 frontline employees who took The Breakroom Quiz

162nd of 451 rated business services


Job description

Description:

Paylocity is an award-winning provider of cloud-based HR and payroll software solutions, offering the most complete platform for the modern workforce. The company has become one of the fastest-growing HCM software providers worldwide by offering an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build a strong workplace culture.


While traditional HR and payroll providers automate basic HR processes such as payroll and benefits administration, Paylocity goes further by developing tools that HR and businesses need to compete for talent and deliver against the expectations of the modern workforce.


We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life,

disability, and a 401(k) match, as well as perks that support you, your family, and your finances. And if it’s career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business.


Help Paylocity enhance communication and enable employees to connect, collaborate, and create from anywhere with a position in Product & Technology!


Want to develop the strategies and principles needed to deliver compelling software? Join our team and help us enhance our all-in-one software platform, elevate our one-of-a-kind technology, and improve the employee experience?


Take your career to the next level at one of G2's Top 100 Software Companies. Explore our Product & Technology positions to see where you fit!


This is a fully remote position, allowing you to work from home or location of record within the U.S. with no in-office requirements. You must be available five days per week during designated work hours. The work arrangement for this role is subject to change based on business needs and individual performance. This may include adjustments to on-site requirements


Manager Machine Learning Engineering


Position Overview

Paylocity is growing its Machine Learning Engineering organization! Our machine learning engineering team is responsible for developing infrastructure and tooling to help enable data driven decisions and insights at scale for millions of Paylocity users.


Our team is:

  • Building infrastructure that can power ML and AI features for millions of users
  • Building and deploying platform-wide recommendations to help companies follow HR best practices and allow employees to get the most out of our platform (Paylocity AI page)
  • Baking AI Ethics into all our processes as a first-class citizen (Blog Post)
  • Working in a collaborative fully remote environment with a desire to share ideas and continuously improve
  • Invested in staying current in machine learning engineering by applying the newest tools, technologies, and practices
  • Excited to work on cutting-edge technology!

Primary Responsibilities

The Manager, Machine Learning Engineering (MLE) has a critical role in our Product and Technology organization. This role requires strong technical expertise as well as strong people and project management experience. This leader will be responsible for helping shape the direction of AI/ML initiatives and driving delivery of business outcomes, while actively investing in the growth and development of team members through coaching, mentorship, and career planning. This position requires commitment to exceptional results, a strong desire for continuous improvement, and the ability to build a collaborative high performing culture within and across teams.

A MLE Manager will be expected to:

  • Independently lead Machine Learning Engineering teams in the development and enhancement of our machine learning infrastructure and solutions that impact millions of employees every day.
  • Build and evolve AI platforms that scale across products, domains, and teams at Paylocity.
  • Own and drive end-to-end ML tooling and automation, from infrastructure and data pipelines to model deployment, monitoring, and optimization.
  • Collaborate with data science and engineering teams to drive adoption of best practices in MLE while contributing to the development of formal training programs and materials for MLE tool adoption.
  • Influence and collaborate with other teams across Product & Technology (e.g. Data Engineering, Cloud Center of Excellence, Platform teams, Architecture Review Board, etc.) to ensure alignment and integration of ML capabilities.
  • Influence business strategy by leveraging data and metrics and presenting recommendations and insights to Dir+ leadership.
  • Mentor, coach, and develop teams, fostering technical excellence, professional growth, and leadership capabilities.
  • Oversee and manage multiple projects simultaneously, ensuring alignment with company objectives, resource optimization, and timely delivery.
  • Establish best practices for scalable and reproducible machine learning development, deployment, and governance.
  • Continuously assess team outcomes, processes, and quality to drive improvements.
  • Stay at the forefront of AI and ML advancements, ensuring the team continuously evolves by incorporating the latest technologies, methodologies, and best practices.

Education and Experience

  • Bachelor’s degree in a quantitative field is required
  • 5+ years of hands-on AI/ML success at software companies
  • 2+ years of experience managing and leading data teams, with demonstrated success in coaching, mentoring, and developing talent
  • Experience in writing production grade machine learning infrastructure and/or models in Python
  • Hands-on experience with cloud infrastructure on AWS (Glue, EMR, Lambda, etc.) and infrastructure-as-code tooling
  • Familiar with cloud-based source code management, continuous integration, continuous delivery, and other software development best practices (GitHub Actions, TeamCity, Octopus, Jenkins, etc.)
  • Demonstrated ability to lead high-performing teams, inspire others, and drive business results
  • Skilled at translating business problems into data/ML problems and communicating the results to non-technical audiences
  • Self-motivated, adaptable, and highly detail oriented
  • Must have a strong sense of curiosity and a willingness to learn
  • Exceptional verbal and written communication skills

Preferred Skills:

  • Advanced degree (Master's or PhD) preferred in machine learning engineering, computer science, engineering, data science, statistics, mathematics, or another quantitative field.
  • Professional or academic experience in HR, social science or psychology
  • Be invested in staying current in AI/ML by applying new technologies and practices

Physical requirements

  • Ability to sit for extended periods: The role requires sitting at a desk or workstation for long periods, typically 7-8 hours a day.
  • Use of computer and phone systems: The employee must be able to operate a computer, use phone systems, and type. This includes using multiple software programs and inquiries simultaneously.


Paylocity is an equal-opportunity employer.

Paylocity is committed to the full inclusion of all individuals. We recruit, train, compensate, and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law. At Paylocity, we believe diversity makes us better.


We embrace and encourage our employees’ differences in age, culture, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion or spiritual belief, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique. We actively cultivate these differences through our employee resource groups (ERGs), employee experiences, perspectives, talents, and approaches to drive innovation in the software and services we provide our customers.


We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities. To request reasonable accommodation in the job application or interview process, please contact accessibility@paylocity.com. This email address is exclusively designated for such requests, aligning with federal and state disability laws. Please do not send resumes to this email address, as they will be removed.


The base pay range for this position is $173,000 - $321,200 /yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. This position is eligible for an annual bonus and restricted stock unit grant based on individual performance in addition to a full range of benefits outlined here. This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed. Base pay information is based on market location. Applicants should apply via www.paylocity.com/careers.

#LI-Tech #LI-Remote

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