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Operations Research Engineer Jobs in Chicago, IL

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

Sr. Data Scientist

Chicago, IL · Remote

$85 - $100/hr

Master's degree in computer science, statistics, industrial engineering, or related fields required, PhD preferred 5+ years of experience in data science, operations research, or related area (2+ ...

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

Showing results 41-60

Operations Research Engineer information

See Chicago, IL salary details

$37.1K

$87.7K

$139.2K

How much do operations research engineer jobs pay per year?

As of Aug 8, 2026, the average yearly pay for operations research engineer in Chicago, IL is $87,661.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,700.00 and $96,900.00 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 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 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 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 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:
Infographic showing various Operations Research Engineer job openings in Chicago, IL as of July 2026, with employment types broken down into 82% Full Time, and 18% Contract. Highlights an 78% In-person, and 22% Remote job distribution, with an average salary of $87,592 per year, or $42.1 per hour.

Quantitative Research Intern PhD Summer 2027

IMC Financial Markets

Chicago, IL • On-site

$250K/yr

Other

PTO

Posted 26 days ago


Job description

Our 10-week internship is your chance to experience life as a Quant Researcher at IMC. You will work alongside your mentor to explore new research ideas and build custom analysis tools that may be deployed into production. Throughout the summer, there will be opportunities to enhance your knowledge of options theory, market making, algorithm complexity and trades analysis. We provide a highly competitive compensation package with accommodations included. The bar for talent at IMC is high and interns who meet our performance expectations will have the opportunity to secure a full time Graduate Quant Researcher position at the end of the program. Where you go from here is up to you!

Your Core Responsibilities:

  • Team up with Quant Researchers to work on real projects that have potential to impact our business
  • Enhance your understanding of options theory through classroom-based instruction
  • Develop your research skills with support and feedback from a dedicated mentor and intern lead
  • Build valuable connections in an environment that recognizes and rewards problem solving, innovation and teamwork
  • Engage in professional development sessions aimed at helping you envision your future at IMC
  • Attend a full-schedule of events and social activities to get to know your cohort and current employees

Your Skills and Experience:

  • Current university student graduating between September 2027 - July 2028 that is pursuing a PhD degree in Mathematics, Engineering, Statistics, Physics, Computer Science, or another highly quantitative field
  • Superior numerical, analytical, and critical thinking skills
  • Has a passion for research and solving complex problems
  • A creative thinker who is driven, resilient, and eager to develop trading intuition
  • Experience in a programming language (Python, C, C++) is highly desired
  • Must be able to start internship in-person on June 7, 2027

You may submit one application per role each year. We strongly encourage you to focus on applying to a single role that best matches your skills and interests. Though you may apply to multiple roles, please note that each application will be evaluated based on the specific criteria established for that particular role.If you have already applied for this position during the current recruitment season and were not selected, you may reapply when the next recruitment season begins in 2027.

The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Base Salary: $250,000

About Us

IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.