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Senior Modeling Simulation Engineer Jobs in Morton Grove, IL

Bank of America

Sr. Quantitative Engineer

Chicago, IL · On-site

$107K - $147K/yr

Job expectations include working with senior modelers, risk managers, and technologists to ... Uses programming skills and knowledge of software development lifecycle principles to deliver high ...

HERE Technologies

Sr. Software Engineer

Chicago, IL · On-site

$130K - $140K/yr

... simulation, and mapping products. This person will own the pipelines, orchestration, APIs ... Nice To Have - Experience supporting GPU inference workloads, large-model deployment pipelines ...

ZS

Manager - Manufacturing Digital Twin

Evanston, IL · On-site

$200K - $229K/yr

Serve as a trusted advisor for senior manufacturing and digital leaders, helping them identify ... Lead and mentor global teams of simulation engineers, process modelers, and digital solution ...

Ametek

Senior Engineering Manager

Waukegan, IL · On-site

The Senior Engineering Manager leads a multidisciplinary team focused on the development of ... Utilize tools such as MATLAB/Simulink for modeling, simulation, and validation. * Support ...

Ametek

Senior Engineering Manager

Waukegan, IL · On-site

The Senior Engineering Manager leads a multidisciplinary team focused on the development of ... Utilize tools such as MATLAB/Simulink for modeling, simulation, and validation. * Support ...

HERE Technologies

Sr. Software Engineer

Chicago, IL · On-site

$130K - $140K/yr

Building useful simulation is a systems problem as much as a modeling problem. Scenarios must be ... You are a strong systems engineer who is energized by simulation, spatial data and software that ...

HERE Technologies

Sr. Software Engineer

Chicago, IL · On-site

$130K - $140K/yr

Building useful simulation is a systems problem as much as a modeling problem. Scenarios must be ... You are a strong systems engineer who is energized by simulation, spatial data and software that ...

Xylem

Sr Manufacturing Engineer

Morton Grove, IL · On-site

$90K - $123K/yr

... Vericut simulation software; and (viii) preparing capital and expense proposals, cost analysis ... modeling software such as SolidWorks and CREO, and 2D/3D layout tools such as AutoCAD; (vii) PLC ...

Xylem

Sr Manufacturing Engineer

Morton Grove, IL

$90K - $123K/yr

... Vericut simulation software; and (viii) preparing capital and expense proposals, cost analysis ... modeling software such as SolidWorks and CREO, and 2D/3D layout tools such as AutoCAD; (vii) PLC ...

Xylem

Sr Manufacturing Engineer

Morton Grove, IL · On-site

$90K - $123K/yr

... Vericut simulation software; and (viii) preparing capital and expense proposals, cost analysis ... modeling software such as SolidWorks and CREO, and 2D/3D layout tools such as AutoCAD; (vii) PLC ...

K&A Engineering

Senior Engineer

Oak Brook, IL · On-site

$118K/yr

Perform power system load flow, stability and transient studies, power system dynamic model ... Conducting dynamic or transient simulations including inverter based resource behavior, ride ...

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All JobsModeling Simulation Engineer JobsSenior Modeling Simulation Engineer JobsSenior Modeling Simulation Engineer Jobs in Morton Grove, IL

Senior Modeling Simulation Engineer information

See Morton Grove, IL salary details

$59.2K

$125.9K

$182.6K

How much do senior modeling simulation engineer jobs pay per year?

As of Sep 2, 2026, the average yearly pay for senior modeling simulation engineer in Morton Grove, IL is $125,905.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,000.00 and $142,800.00 per year, depending on experience, location, and employer.

What is a senior modeling simulation engineer?

A Senior Modeling Simulation Engineer is a specialized professional who develops, analyzes, and maintains computer models and simulations to predict the behavior of complex systems. They typically work in industries such as aerospace, defense, automotive, or manufacturing, using advanced mathematical and computational techniques. Their role involves translating real-world processes into virtual models, analyzing simulation results, and providing insights to guide design or operational decisions. Senior engineers also mentor junior staff, lead projects, and collaborate with cross-functional teams to solve technical challenges.

What are the key skills and qualifications needed to thrive as a senior modeling simulation engineer?

To thrive as a Senior Modeling Simulation Engineer, you need expertise in mathematical modeling, simulation techniques, and a strong background in engineering or applied sciences, typically supported by a relevant bachelor’s or master’s degree. Proficiency with technical tools such as MATLAB, Simulink, Python, and specialized simulation software, along with knowledge of systems engineering standards, is essential. Strong analytical thinking, problem-solving abilities, and effective communication skills help you collaborate with multidisciplinary teams and convey complex technical concepts. These skills ensure the development of accurate, reliable models that inform critical engineering decisions and drive project success.

What are some common challenges faced by senior modeling simulation engineers when integrating new simulation tools into existing workflows?

Senior Modeling Simulation Engineers often encounter challenges such as ensuring compatibility between new simulation tools and legacy systems, managing data migration, and maintaining simulation accuracy during transitions. Collaboration with software developers and IT specialists is usually essential to address integration issues and optimize performance. Additionally, adapting internal processes and training team members on updated tools can require significant time and coordination, but these efforts ultimately enhance workflow efficiency and simulation outcomes.

What are popular job titles related to Senior Modeling Simulation Engineer jobs in Morton Grove, IL?

For Senior Modeling Simulation Engineer jobs in Morton Grove, IL, the most frequently searched job titles are:

What job categories do people searching Senior Modeling Simulation Engineer jobs in Morton Grove, IL look for?

The top searched job categories for Senior Modeling Simulation Engineer jobs in Morton Grove, IL are:

Senior Modeling Simulation Engineer jobs near you
Infographic showing various Senior Modeling Simulation Engineer job openings in Morton Grove, IL as of August 2026, with employment types broken down into 88% Full Time, 9% Part Time, and 3% Contract. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $125,905 per year, or $60.5 per hour.

Sr. Quantitative Engineer

Bank of America

Chicago, IL • On-site

$107K - $147K/yr

Full-time

PTO

Posted 13 days ago

Bank Of America rating

8.2

Company rating: 8.2 out of 10

Based on 534 frontline employees who took The Breakroom Quiz

52nd of 174 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 designing and overseeing common, reusable, and scalable software components which are either domain independent (e.g., generic data quality tools over billions of rows of data) or domain specific (e.g., classification models for surveillance or testing framework for Global Markets processes). Key responsibilities include enabling Global Risk Management's data and analytical capabilities. Job expectations include working with senior modelers, risk managers, and technologists to understand the current state and design the future state of data and analytics.
Responsibilities:
  • Seeks opportunities for consistent improvement in quality, efficiency, and processes
  • Partners effectively with senior stakeholders within Global Risk Analytics and Enterprise Independent Testing, Front Line Units, Technology, Audit and Compliance
  • Provides leadership and oversight to less experienced team members
  • Applies quantitative methods to develop capabilities that meet line of business, risk management and regulatory requirements
  • Understands financial data: schemas, flow, size, data issues, data controls, etc.
  • Builds performant big data pipelines
  • Uses programming skills and knowledge of software development lifecycle principles to deliver high quality code for model and testing processes

Senior Quantitative engineers in Global Risk are responsible for designing and overseeing the implementation of common, reusable, and scalable software components. These components enable GRM's data and analytical capabilities. These components can be domain independent (e.g., generic data quality tools over billions of rows of data) or domain specific (e.g., classification models for surveillance or testing framework for Global Markets processes). Senior Quantitative engineers work with senior modelers, risk managers, and technologists to understand the current state and design the future state of data and analytics. Senior Quantitative engineers have a combination of software engineering, big data, modeling and management skills and the ability to work across the entire spectrum of a big data stack - from data to logic to model to UI to UX.
Job Responsibilities:
  • Seek opportunities for consistent improvement in quality, efficiency, and processes
  • Partner effectively with senior stakeholders within GRA & EIT, Front Line Units, Technology, Audit and Compliance
  • Provide leadership and oversight to less experienced team members
  • Applying quantitative methods to develop capabilities that meet line of business, risk management and regulatory requirements
  • Understanding financial data: schemas, flow, size, data issues, data controls, etc.
  • Building performant big data pipelines
  • Use programming skills and knowledge of software development lifecycle principles to deliver high quality code for model and testing processes
  • Collaborate with key stakeholders across the Bank to understand modeling and testing business processes and requirements
  • Think outside the box of current industry standards to develop innovative approaches
  • Maintaining and continuously enhancing capabilities over time to respond to the changing nature of portfolios, economic conditions and emerging risks
  • Source and evaluate data required for modeling and testing
  • Design and develop and implement models and tests
  • Produce clear, concise and repeatable technical documentation models and tests for internal and regulatory purposes

Technical skills:
  • Software engineering: modular code, software lifecycle processes, unit testing, regression testing
  • Big data: distributed computing paradigms (e.g., mapreduce, dataframes, etc), optimizing distributed software
  • Modeling / quantitative: basic modeling techniques (regression, classification, clustering, etc.)

Soft Skills:
  • High level of intellectual curiosity
  • Experience implementing strategic process improvements and/or automation
  • Proven track record of building relationships and effectively influencing key stakeholders
  • Adept at detecting and remediating organizational / process weaknesses and deficiencies
  • Feels ownership and accountability for delivering high quality work, able to balance multiple priorities and meet strict deadlines
  • Strong written, verbal, presentation creation and delivery skills, typically to very senior audiences
  • Well organized with attention to detail
  • Willing to challenge the status quo and with a track record of driving change

Job Qualifications:
  • Bachelor's degree in Computer Science, a closely related field, or a degree from a program where software engineering was a key focus or equivalent work experience
  • 7+ years of relevant experience in software engineering in Quantitative Finance or other industries
  • Strong Programming skills (e.g., Python) and solid understanding of Software Development Life cycle principles
  • Proven track record of seamlessly leading and executing enterprise-wide initiatives
  • The candidate must be a strong communicator and able to effectively explain the rationale and details of the methodologies to a broad set of audiences that include key senior stakeholders across the Bank, as well as auditors and regulators
  • Strong analytical and problem-solving skills
  • Candidates should have at least three of the following skills:
  • Experience applying quantitative methods such as modelling, data analytics, machine learning, and statistics to develop business solutions
  • Experience with large scale data sets with structured or unstructured data
  • Experience in building user facing applications over large amounts of data using technologies like React, Angular, JavaScript etc.
  • Experience implementing process improvements and automation

Skills:
  • Critical Thinking
  • Data Modeling
  • Process Effectiveness
  • Risk Modeling
  • Test Engineering
  • Influence
  • Oral Communications
  • Prioritization
  • Relationship Building
  • Written Communications
  • Attention to Detail
  • Change Management

Minimum Education Requirement: Bachelor's degree in related field or equivalent work experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)
Pay and benefits information
Pay range
$140,000.00 - $215,500.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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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

Social media

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