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Operations Research Engineer Jobs in Chicago, IL

Linde

R&D Intern - Summer 2027

Burr Ridge, IL

$14.75 - $19.75/hr

Reaction Engineering * Operations Research * Process Equipment * Process Chemistry * Heat Transfer * Food/Beverage and Water Applications * Cryogenic Air Separation * Hydrogen and Energy Supply ...

Linde Group

R&D Intern - Summer 2027

Burr Ridge, IL · On-site

$14.75 - $19.75/hr

Reaction Engineering * Operations Research * Process Equipment * Process Chemistry * Heat Transfer * Food/Beverage and Water Applications * Cryogenic Air Separation * Hydrogen and Energy Supply ...

Aquatic Capital Management

Research Business Manager

Chicago, IL · On-site

$150K - $300K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

You will work directly alongside researchers, engineers, and senior leadership to translate ... Strategic Operations & Domain Expertise * Prioritize the initiatives most likely to produce the ...

Apex Systems

C++ Developer

Chicago, IL · On-site

$50.50 - $68/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

The candidate will work closely with business, technical, and operations research teams to gather ... Employ software engineering best practices, including version control, packaging, and release ...

Elevance Health

Research Scientist Senior

Chicago, IL · On-site +1

$101K - $129K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... measurable operational impact. * Partners effectively across business, research, engineering ... analytics, and product teams. * Evaluates emerging AI technologies and translates innovation into ...

Elevance Health

Research Scientist Senior

Chicago, IL · On-site +1

$101K - $129K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... measurable operational impact. * Partners effectively across business, research, engineering ... analytics, and product teams. * Evaluates emerging AI technologies and translates innovation into ...

Linde Plc

R&D Intern - Summer 2027

Willowbrook, IL · On-site

$37 - $39/hr

Reaction Engineering * Operations Research * Process Equipment * Process Chemistry * Heat Transfer * Food/Beverage and Water Applications * Cryogenic Air Separation * Hydrogen and Energy Supply ...

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Showing results 21-40

All JobsOperations Research Engineer JobsOperations Research Engineer Jobs in Chicago, IL

Operations Research Engineer information

See Chicago, IL salary details

$37.1K

$87.6K

$139.1K

How much do operations research engineer jobs pay per year?

As of Aug 17, 2026, the average yearly pay for operations research engineer in Chicago, IL is $87,592.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,600.00 and $96,800.00 per year, depending on experience, location, and employer.

What does an operations research engineer do?

An Operations Research Engineer applies mathematical modeling, statistical analysis, and optimization techniques to solve complex business and engineering problems. They use data-driven decision-making to improve efficiency, reduce costs, and enhance system performance in industries such as logistics, manufacturing, finance, and transportation. By leveraging algorithms, simulations, and predictive analytics, they help organizations make informed decisions. Their work often involves programming, data analysis, and collaboration with cross-functional teams to implement practical solutions.

What does a typical day look like for an operations research engineer?

A typical day for an Operations Research Engineer involves identifying operational challenges, gathering and analyzing data, developing mathematical models, and simulating scenarios to propose improvements. You will often collaborate closely with cross-functional teams—including data scientists, engineers, and business managers—to understand requirements and implement optimal solutions. Expect to spend time both independently conducting research and attending meetings to present your findings and receive feedback. The role provides a good balance of technical work, problem-solving, and teamwork, making each day dynamic and intellectually engaging.

What are the key skills and qualifications needed to thrive as an operations research engineer?

To excel as an Operations Research Engineer, you need a solid grounding in mathematics, statistics, optimization, and analytical problem-solving, typically supported by a relevant engineering or quantitative degree. Proficiency with tools such as MATLAB, Python, R, CPLEX, or simulation software, as well as familiarity with data analysis platforms, is commonly required. Strong communication, teamwork, and adaptability are vital soft skills for presenting findings and collaborating across multidisciplinary teams. Mastery of these abilities is crucial to developing effective solutions that improve operational efficiency in complex business environments.

What are the most commonly searched types of Operations Research Engineer jobs in Chicago, IL?

The most popular types of Operations Research Engineer jobs in Chicago, IL are:

What are popular job titles related to Operations Research Engineer jobs in Chicago, IL?

For Operations Research Engineer jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Operations Research Engineer jobs in Chicago, IL look for?

The top searched job categories for Operations Research Engineer jobs in Chicago, IL are:

Operations Research Engineer jobs near you
Infographic showing various Operations Research Engineer job openings in Chicago, IL as of August 2026, with employment types broken down into 67% Full Time, and 33% Contract. Highlights an 67% In-person, and 33% Remote job distribution, with an average salary of $87,592 per year, or $42.1 per hour.

Principal Quantitative Researcher - Systematic

CTC Lateral - Website & LinkedIn

Chicago, IL • On-site

Full-time

Re-posted 12 days ago

Job description

Quantitative research is a key driver of innovation at CTC and one of the pillars upon which our firm is built. We are seeking a Principal Quantitative Researcher to partner with Trading and Technology to drive new revenue, scale, and evolve the firm's trading capabilities. In this role, you will lead research areas, influencing the direction of the team in a dynamic environment. This includes partnership with other researcher managers, traders and engineers on quantitative problem solving, trading strategy generation, back-testing, statistical analysis, and system design. 

Take advantage of this opportunity to apply the scientific method to business problems as part of the Quant team at CTC! 

What You'll Do
  • Define and articulate a long-term vision that will lead to new sources of revenue, evolving with business needs and market structure 
  • Conduct commercially focused revenue generating research, while supporting others with their research 
  • Develop a structured roadmap and ensure quant functions remain focused, aligned, and accountable 
  • Direct development of innovative infrastructure across pricing models and research platforms 
  • Foster coordination across risk management, development, and quantitative research to drive measurable business impact 
  • Provide thought leadership while applying academic rigor to practical trading applications  
What We're Looking For
  • PhD in Science or Engineering fields (e.g. Statistics, Mathematics, Physics, Operations Research, Electrical Engineering) strongly preferred 
  • Experience in a top systematic trading team of which at least 10 years as a quantitative researcher 
  • Proven ability to conduct independent, high-quality research 
  • Demonstrable track record of generating positive PnL 
  • Exceptional ability to communicate complex ideas and research results, both in writing and verbally 
  • Experience with the software development lifecycle with advanced programming skills 
  • Unique combination of analytical prowess, programming skills, and acute understanding of business 
  • Unwavering commitment to quality, coupled with a drive for delivering commercial outcomes 
  • Strong Python skills including Numpy and Pandas libraries 
Nice to Haves
  • Management experience leading a healthy and empowered team, driving accountability. 
  • Experience with a wide variety of market and alternative data  
  • Expertise in US options markets, options pricing models, volatility surfaces, and risk management techniques  
  • Strong Python skills including Numpy and Pandas libraries  
  • Strong track record of publications in an industry setting 

Apply