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Quantitative Data Engineer Jobs in Chicago, IL (NOW HIRING)

Sr. Quantitative Engineer

Chicago, IL · On-site

$155 - $202/hr

Builds performant big data pipelines * Uses programming skills and knowledge of software ... Senior Quantitative engineers work with senior modelers, risk managers, and technologists to ...

Sr. Quantitative Engineer

Chicago, IL · On-site

$155 - $202/hr

Builds performant big data pipelines * Uses programming skills and knowledge of software ... Senior Quantitative engineers work with senior modelers, risk managers, and technologists to ...

Employee stock purchase plan Overview The ETF Quantitative Developer will play a key role in ... Contribute to the evolution of the team's data architecture and technology infrastructure ...

... Quantitative Developer will play a key role in supporting the Equity ETF & Indexed Strategies ... data-driven insights, investment analytics, and portfolio reportingDesign, develop, and maintain ...

Employee stock purchase plan Overview The ETF Quantitative Developer will play a key role in ... Contribute to the evolution of the team's data architecture and technology infrastructure ...

Qualifications: - Advanced quantitative skills. - Proficiency in a high-level programming language (R or Python). - Experience working with large data sets. - Knowledge of Databases (MySQL, SQL, etc ...

Currently pursuing a quantitative degree in Computer Science, Statistics, Mathematics, Engineering, or a related field (Preferred majors include Data Science, Data Engineering, MIS, Business ...

Showing results 21-40

Quantitative Data Engineer information

See Chicago, IL salary details

$11.3K

$133.6K

$204K

How much do quantitative data engineer jobs pay per year?

As of Sep 6, 2026, the average yearly pay for quantitative data engineer in Chicago, IL is $133,575.00, according to ZipRecruiter salary data. Most workers in this role earn between $120,000.00 and $142,700.00 per year, depending on experience, location, and employer.

What is a quantitative data engineer?

A Quantitative Data Engineer is a professional who designs, builds, and maintains data infrastructure that supports quantitative analysis, typically in finance or technology sectors. They work closely with quantitative analysts and data scientists to ensure efficient data pipelines, data quality, and high-performance systems for processing large datasets. Their responsibilities include developing ETL processes, optimizing databases, and implementing data models to support research and trading strategies. Strong programming skills, expertise in big data technologies, and knowledge of quantitative methods are essential for this role.

How does a quantitative data engineer typically collaborate with data scientists and quantitative analysts on projects?

Quantitative Data Engineers work closely with data scientists and quantitative analysts to design, build, and optimize data pipelines that support complex modeling and analytics. They are often responsible for ensuring data quality, scalability, and efficient data processing, enabling analysts to focus on developing models and extracting insights. Regular collaboration includes translating analytical requirements into technical solutions, troubleshooting data issues, and iterating on data infrastructure to support evolving project needs. This teamwork fosters an environment where technical and analytical expertise complement each other, leading to more robust and actionable results.

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

To excel as a Quantitative Data Engineer, you need strong proficiency in programming (such as Python, R, or C++), advanced mathematical and statistical knowledge, and a relevant degree in computer science, mathematics, or a related field. Experience with big data tools (like Spark, Hadoop), cloud platforms, and data pipeline systems, as well as familiarity with financial data sets, is typically required. Analytical thinking, detail orientation, and effective problem-solving skills distinguish top performers in this role. These competencies are critical for efficiently transforming complex data into actionable insights and supporting robust quantitative models in data-driven environments.

What is the difference between Quantitative Data Engineer vs Data Scientist?

AspectQuantitative Data EngineerData Scientist
Primary FocusBuilding data pipelines, data infrastructure, and ensuring data qualityAnalyzing data, creating models, and deriving insights
Skills & ToolsSQL, Python, Spark, ETL processes, data architectureStatistics, machine learning, Python/R, data visualization
CredentialsComputer science, engineering, or related degrees; certifications in data engineeringStatistics, data science, or related degrees; certifications in data analysis or machine learning
Work EnvironmentData engineering teams, data infrastructure projectsData analysis teams, research, and modeling projects

While both roles work closely with data, Quantitative Data Engineers focus on building and maintaining data systems, whereas Data Scientists analyze data to generate insights and models. They often collaborate but have distinct skill sets and responsibilities within data-driven organizations.

What are popular job titles related to Quantitative Data Engineer jobs in Chicago, IL?

For Quantitative Data Engineer jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Quantitative Data Engineer jobs in Chicago, IL look for?

The top searched job categories for Quantitative Data Engineer jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Quantitative Data Engineer jobs?

Cities near Chicago, IL with the most Quantitative Data Engineer job openings:

Infographic showing various Quantitative Data Engineer job openings in Chicago, IL as of August 2026, with employment types broken down into 4% Internship, 77% Full Time, 4% Part Time, and 15% Contract. Highlights an 74% In-person, 4% Hybrid, and 22% Remote job distribution, with an average salary of $133,575 per year, or $64.2 per hour.

Data Engineer - Python/AI

Bank of America

Addison, IL • On-site

$114K - $137K/yr

Full-time

Posted 20 days ago


Key responsibilities

  • Develops and delivers data solutions by designing, building, and integrating data pipelines and data sets.

  • Collaborates with stakeholders and engineering teams to implement data requirements, analyze performance, and troubleshoot data issues.

  • Designs, builds, and operates AI/ML solutions, including deploying and scaling ML and Generative AI models in production environments.


Bank Of America rating

8.3

Company rating: 8.3 out of 10

Based on 536 frontline employees who took The Breakroom Quiz

49th of 175 rated banks


Job description

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.


Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.


We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.


Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.


At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

This job is responsible for developing and delivering data solutions to accomplish technology and business goals and initiatives. Key responsibilities include performing code design and delivery tasks associated with the integration, cleaning, transformation, and control of data in operational and analytical data systems. Job expectations include working with stakeholders and Product and Software Engineering teams to aid with implementing data requirements, analyzing performance, and researching and troubleshooting data problems within system engineering domains.

Join a highimpact technology team within Global Commercial Lending, focused on transforming core lending and payments BAU processes through AI, ML, and Generative AI solutions. This role offers a unique opportunity to design and productionize AIdriven capabilities that deliver measurable efficiency gains, improved operational resilience, and smarter decisioning across largescale enterprise lending platforms.

You will work closely with product, operations, and engineering teams to build, deploy, and scale ML and GenAI solutions embedded into missioncritical platforms, while adhering to enterprise standards for security, compliance, and model governance.

This position is responsible for designing, building, and operating AI/ML solutions endtoend, with strong emphasis on MLOps, ML lifecycle management, and production readiness.

Responsibilities:

  • Works across development teams to contribute to the story refinement and delivery of data requirements through the delivery life cycle

  • Leverages architecture components in solution development, codes solutions to integrate, clean, transform, and control data in operational and analytical data systems per acceptance criteria

  • Builds processes supporting data transformation, data structures, metadata, data quality controls, dependency, and workload management and defines and builds data pipelines and complex data sets to enable data-informed decision making, identifying and raising risks at all stages of the data engineering process

  • Develops and executes test plans to produce quantitative results, contributes to existing test suites including integration, regression, and performance, analyzes test reports, identifies test issues and errors, and triages underlying causes

  • Drives complex information technology projects to ensure on-time delivery and adheres to team delivery and release processes

  • Identifies, defines, and documents data engineering requirements, communicating required information for deployment, maintenance, support, and business functionality

  • Works with technology partners and a diverse set of stakeholders to identify and close gaps in data management standards adherence, negotiates paths forward, and helps identify and communicate solutions to complex data problems leveraging knowledge of information systems, techniques, and processes.

Required Qualifications:

  • Bachelor's degree or equivalent in Computer Science, Computer Information Systems, Management Information Systems, Engineering (any), or related: and

  • 6+ years overall experience in software engineering with strong handson development in Python

  • 3+ years of handson AI/ML experience, building and deploying machine learning models and Gen AI solutions using locally hosted LLMs in production environments

  • Proven experience productionizing ML models using MLflow and enterprisegrade MLOps frameworks

  • Strong understanding of the endtoend ML lifecycle: data preparation, feature engineering, training, validation, deployment, monitoring, and retraining

  • Experience building RESTful APIs and microservices to expose ML capabilities

  • Handson experience with CI/CD pipelines, automation, and DevOps practices for ML and application workloads

  • Experience with containerization and deployment technologies (e.g., Openshift, Docker or equivalent enterprise platforms)

  • Proficiency with version control and enterprise SDLC tools (Git/Bitbucket, Jenkins, pytest, SonarQube, Artifactory, etc.)

  • Experience working in large, multiteam enterprise environments with shared codebases and governance standards

  • Strong analytical, problemsolving, and communication skills with ability to engage business and technical stakeholders

Desired Qualifications:

  • Experience applying GenAI / LLMbased solutions (e.g., RAG, summarization, intelligent extraction) to operational and financial services use cases

  • Exposure to model governance, risk management, and compliance controls in regulated environments

  • Experience building reusable AI frameworks, utilities, or platforms that can be leveraged across multiple teams

  • Familiarity with databases, caches, and messaging platforms (e.g., Oracle, MongoDB, Redis, eventdriven architectures)

  • Experience with cloud or hybrid enterprise AI platforms and observability tools

Skills:

  • Analytical Thinking

  • Application Development

  • Data Management

  • DevOps Practices

  • Solution Design

  • Agile Practices

  • Collaboration

  • Decision Making

  • Risk Management

  • Test Engineering

  • Architecture

  • Business Acumen

  • Data Quality Management

  • Financial Management

  • Solution Delivery Process

Minimum Education Requirement: Bachelor's degree or equivalent work experience.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

What Bank Of America employees say

Pay

Benefits

Hours and flexibility

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About Bank Of America

Sourced by ZipRecruiter

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

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