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Remote Algorithm Engineer Intern Jobs in Chicago, IL

Sr. Data Scientist

Chicago, IL · Remote

$85 - $100/hr

Remote Contract Pay: $85/hr - $100/hr The Senior Data Scientist will design and implement AI ... EDUCATION: Master's degree in computer science, statistics, industrial engineering, or related ...

Evans Scholars

Chicago, IL · On-site +1

$15.50 - $20/hr

We are also open to remote working from anywhere across the US. We have a very comfortable and supportive culture, comprised of knowledgeable and skilled Architects, Engineers, Environmental ...

Knowledge of machine learning algorithms, data analysis and programming. * Experience working in a ... OneStream is an Equal Opportunity Employer. #LI-REMOTE #LI-JP1

Senior Data Scientist

Chicago, IL · On-site +1

$122K - $228K/yr

Data Analytics & Reporting This is ideally a hybrid role but open to remote Role Overview We are ... Use strong programming skills to prepare complex datasets (structured, semistructured, unstructured ...

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Remote Algorithm Engineer Intern information

See Chicago, IL salary details

$9

$17

$25

How much do remote algorithm engineer intern jobs pay per hour?

As of Jul 15, 2026, the average hourly pay for remote algorithm engineer intern in Chicago, IL is $17.55, according to ZipRecruiter salary data. Most workers in this role earn between $14.86 and $19.81 per hour, depending on experience, location, and employer.
What are popular job titles related to Remote Algorithm Engineer Intern jobs in Chicago, IL? For Remote Algorithm Engineer Intern jobs in Chicago, IL, the most frequently searched job titles are:
Sr. Risk Analyst, Credit

Sr. Risk Analyst, Credit

Federal Home Loan Bank of Chicago

Chicago, IL • On-site, Remote

$110K - $115K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 8 days ago


Job description

At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.

  • Collaborative, in-office operating model

  • Retirement program (401k and Pension)

  • Medical, dental and vision insurance

  • Lifestyle Spending Account

  • Competitive PTO plan

  • 11 paid holidays per year

      Responsibilities

      • Operate and maintain credit risk models for mortgage loan portfolios
      • Lead the development and implementation of alternative credit risk strategies
      • Build algorithmic solutions and design strategies for model assumption setting and performance monitoring
      • Conduct scenario analysis and stress testing to assess portfolio risks under macroeconomic and climate risk scenarios
      • Research risk management frameworks to assess environmental and regulatory risk drivers on mortgage portfolios in accordance with regulatory requirements and industry best practices and report to senior management
      • Perform credit reviews for member institutions based on financial performance and credit worthiness
      • Collaborate with validators, auditors and regulators to improve model accuracy and ensure regulatory compliance
      • Optimize business processes through the use of data management and programing tools
      • Research, diagnoses and identify solutions to issues on data anomalies and portfolio performance and create dashboards for senior management and risk committees
      • Support business on MPF product design with business analytics

      Position Requirements

      • Master's degree in Mathematics, Finance, Quantitative Finance or related field and 2 years of related experience, or, a Bachelor's degree in Mathematics, Finance, Quantitative Finance or related field and 4 years of related experience
      • Any amount of experience operating and maintaining credit risk models for mortgage loan portfolios
      • Any amount of experience building algorithmic solutions and design strategies for model assumption setting and performance monitoring
      • Any amount of experience conducting scenario analysis and stress testing to assess portfolio risks under macroeconomic and climate risk scenarios
      • Any amount of experience conducting business analysis using statistics methodology and tools of aggregated data from databases via SQL

      Must live within normal commuting distance of worksite. Remote work allowed up to 50 days per year.

      Salary range $110,150 to $115,000

      Salary Range:

      $90,400.00 - $150,700.00

      The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc