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Parallel Computing Jobs in Illinois (NOW HIRING)

Uottawa

APTPUO_Fall-2026_MCG5138 D00

Campus, IL

$239.47/hr

Computing w Apltns Course description: High performance computational algorithms for efficient code with modern multicore architectures. Introduction to parallel numerical algorithms for linear ...

Auria

Systems Engineer

Chicago, IL · Remote

$95K - $130K/yr

Automated test experience Web application architecture and framework systems engineering Mobile application system engineering experience Distributed/parallel/cloud computing (SOA, virtualization ...

Old Mission

C++ Software Engineer

Chicago, IL · On-site

$175K - $300K/yr

Experience with parallel, concurrent, and multi-threaded programming * Prefer experience with low-latency computing and hardware-level design * Experience with Git, SVN, Mercurial Benefits and Perks

Ness USA, Inc.

Sr. Streaming Engineer

Chicago, IL · Hybrid

$126.20K - $166.40K/yr

... computing frameworks like FLINK, Apache Spark, Kafka Streams, etc [Required] Experience with ... and parallel systems, large software system development, security software development, public ...

Ness USA, Inc.

Sr. Streaming Engineer

Chicago, IL

$126.20K - $166.40K/yr

... computing frameworks like FLINK, Apache Spark, Kafka Streams, etc [Required] Experience with ... and parallel systems, large software system development, security software development, public ...

Ness Digital Engineering

Sr. Streaming Engineer

Chicago, IL · Hybrid

$126.20K - $166.40K/yr

... distributed computing frameworks like FLINK, Apache Spark, Kafka Streams, etc • [Required ... and parallel systems, large software system development, security software development, public ...

Ness Digital Engineering

Sr. Streaming Engineer

Chicago, IL · Hybrid

$126.20K - $166.40K/yr

... distributed computing frameworks like FLINK, Apache Spark, Kafka Streams, etc • [Required ... and parallel systems, large software system development, security software development, public ...

Ness Digital Engineering

Sr. Streaming Engineer

Chicago, IL · Hybrid

$126.20K - $166.40K/yr

... distributed computing frameworks like FLINK, Apache Spark, Kafka Streams, etc • [Required ... and parallel systems, large software system development, security software development, public ...

Ness Digital Engineering

Sr. Streaming Engineer

Chicago, IL · On-site +1

$126.20K - $166.40K/yr

... distributed computing frameworks like FLINK, Apache Spark, Kafka Streams, etc • [Required ... and parallel systems, large software system development, security software development, public ...

Purple Drive Technologies

Solution Architect

Mettawa, IL · On-site

$72.25 - $95/hr

... parallel. • Ability to learn quickly and apply new knowledge in a fast-paced business and ... computing environments. • Define goals for technology components and frameworks including ...

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All JobsParallel Computing JobsParallel Computing Jobs in Illinois

Parallel Computing information

See Illinois salary details

$24.2K

$50.7K

$87.7K

How much do parallel computing jobs pay per year?

As of May 31, 2026, the average yearly pay for parallel computing in Illinois is $50,738.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,800.00 and $57,700.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Parallel Computing Specialist, and why are they important?

To thrive as a Parallel Computing Specialist, you need strong knowledge of computer architecture, parallel algorithms, and experience with programming languages such as C/C++, Python, and frameworks like MPI or OpenMP, often supported by a degree in computer science or a related field. Familiarity with high-performance computing (HPC) environments, GPU programming (CUDA, OpenCL), and cloud-based parallel processing systems is typically required. Analytical thinking, problem-solving abilities, and effective collaboration are crucial soft skills in this role. These skills are vital for efficiently designing, optimizing, and implementing solutions that leverage parallelism to significantly accelerate computational tasks.

What are some common challenges faced by professionals working in parallel computing roles?

Professionals in parallel computing often encounter challenges such as efficiently dividing complex tasks among multiple processors and minimizing communication overhead between them. Debugging and optimizing performance across parallel architectures can be difficult, as issues like race conditions and load imbalances frequently arise. Additionally, staying current with evolving hardware technologies and parallel programming frameworks is essential to ensure solutions remain efficient and scalable. Collaborating with cross-functional teams, such as data scientists and system architects, is also crucial for integrating parallel solutions into larger projects.

What is parallel computing?

Parallel computing is a type of computation where many calculations or processes are carried out simultaneously, leveraging multiple processors or computers to solve complex problems more efficiently. It divides large tasks into smaller ones that can be executed concurrently, significantly speeding up processing time. Commonly used in scientific research, data analysis, and engineering, parallel computing is essential for handling large-scale simulations and big data applications.

What is the difference between Parallel Computing vs Data Analyst?

AspectParallel ComputingData Analyst
Required CredentialsComputer Science or Engineering degree, programming skillsStatistics, Data Science, or related degree, analytical skills
Work EnvironmentResearch labs, tech companies, high-performance computing centersBusiness, finance, healthcare, corporate offices
Industry UsageTechnology, research, scientific computingBusiness intelligence, market analysis, reporting

While Parallel Computing focuses on developing algorithms to process large data sets efficiently across multiple processors, Data Analysts interpret data to provide actionable insights. Both roles require strong technical skills but serve different purposes: one enhances computational performance, the other informs business decisions.

What are popular job titles related to Parallel Computing jobs in Illinois? For Parallel Computing jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Parallel Computing jobs in Illinois look for? The top searched job categories for Parallel Computing jobs in Illinois are:
Parallel Computing jobs near you
Infographic showing various Parallel Computing job openings in Illinois as of May 2026, with employment types broken down into 100% Full Time. Highlights an 67% In-person, and 33% Hybrid job distribution, with an average salary of $50,738 per year, or $24.4 per hour.

Structured Finance - Asset-Backed Securities, Senior Director (Chicago)

Fitch Group

Chicago, IL • On-site

Full-time

Retirement

Posted 6 days ago

Job description

Structured Finance - Asset-Backed Securities, Senior Director (Emerging-Assets)
Fitch Ratings is seeking an emerging assets professional to join the Asset-Backed Securities Group in our Chicago or New York offices.
Fitch Ratings is adding an experienced and highly motivated professional to the Asset-Backed Securities (ABS) team as a Senior Director. The position is within the North American ABS team, with a primary focus on transactions collateralized by novel asset types-including GPU computing infrastructure financing and intellectual property (IP) monetization structures. This role requires deep familiarity with unique asset financing and the ability to pioneer structured finance rating approaches where limited historical performance data exists.
This is a senior leadership position responsible for a wide range of initiatives including: sector analytical leadership for emerging asset classes, direct responsibility for analytical activities including rating and monitoring a wide range of asset based financing and regular direct engagement with bankers and issuers operating at the frontier of securitization.
Successful candidates will demonstrate strong senior leadership in a structured finance credit role, combined with relevant experience in structured credit and/or project credit markets. Candidates must clearly demonstrate the ability to analyze novel collateral types and apply macro and sector-specific trends. In this leadership role, strong communication skills (verbal and written) are essential, given the broad internal and external responsibilities to articulate and disseminate credit views on asset types that require significant market education.
What We Offer:
  • A rewarding leadership experience to expand your managerial talents and lead a team at the forefront of structured finance innovation.
  • An opportunity to be a market-defining leader at the top rating agency in ABS, directly shaping the analytical framework for asset classes that are redefining the securitization landscape.
  • Ability to grow the depth and breadth of your presence in emerging-asset ABS through active external participation with investors, issuers, legal counsel, and technology stakeholders.
  • A dynamic and fluid work environment expanding the breadth and depth of your involvement in the debt capital markets, with direct influence on criteria development and strategic sector decisions.

We'll Count on You To:
  • Lead deal teams to analyze critical credit, legal, and structural elements across emerging asset based finance sectors;
  • Contribute to dynamic rating workflows by leading rating analysis on a growing portfolio of emerging-asset ABS transactions and participating externally with investors, issuers, and bankers to build market confidence in Fitch's approach;
  • Deploy and implement various credit tools and cash flow models to form analytical views and recommendations on a wide array of collateral and financing types, usage-based revenue models and more operation business models;
  • Lead the development and refinement of ratings criteria for emerging-asset ABS, including forming recommendations to bolster analysis, calibrate stresses, and make strategic sector decisions where historical performance benchmarks are limited or nonexistent;
  • Manage and mentor analysts, strategically plan workflows, and drive progress on multiple parallel projects across a rapidly evolving deal pipeline.

What You Need to Have:
  • A credit professional with a BA/BS degree and a minimum of 10 years of work experience, with previous experience rating ABS transactions or evaluating structured credit. Direct experience with technology assets, intangible asset valuation, or equipment-backed financing is strongly preferred.
  • Experience managing a team, with the ability to inspire, strategically plan workflows, and progress multiple projects in parallel-particularly in environments requiring first-principles analytical thinking.
  • Fitch is a team-oriented work environment, so excellent interpersonal skills are essential, as is a high-productivity work ethic and a results-oriented mindset.
  • A knack for communicating credit views (particularly in writing) and the ability to analyze large and unconventional data sets-including asset utilization metrics, technology adoption curves, licensing revenue concentration, and residual value assumptions-and form defensible conclusions.
  • Strong understanding of structured finance transaction mechanics, combined with a demonstrated ability to critically analyze complex legal documents and contracts-such as indentures, servicing agreements, and security interest opinions-to assess structural protections, enforceability risks, and documentation adequacy.

What Would Make You Stand Out:
  • Direct experience evaluating technology-backed financings, equipment leasing structures, IP monetization vehicles, or novel ABS transactions, whether buy-side, sell-side, or at a rating agency;
  • Background in project / corporate finance or credit analysis covering technology, semiconductors, cloud infrastructure, data center operators, or media/entertainment (royalty and licensing);
  • CFA candidate, CPA, or other professional designations highlighting strong analytical capacity for the role;
  • Thoughtful views on asset based finance trends and direct experience in underwriting new assets;
  • Passion for reviewing legal docus and understanding structure risks; and
  • Desire to define and lead a new frontier in structured finance with the leading team in ABS, building frameworks that will shape market practice for years to come.

Why Choose Fitch:
  • Hybrid Work Environment: 3 days a week in office required
  • A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
  • Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals
  • Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
  • Supportive Parenting Policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
  • Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe
  • Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community Fitch is committed to providing global securities markets with objective, timely, independent, and forward-looking credit opinions.

To protect Fitch's credibility and reputation, our employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work. Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
FOR NEW YORK AND CHICAGO ROLES ONLY:
Expected base pay rates for the role will be between $175,000 and $210,000 per year. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base pay is one part of Fitch's total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.
Fitch is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.
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