A highly regarded trading firm is looking to bring on a Quantitative Trading Developer to help ... Deep background using Python for tool development, automation, and data analysis * B.S. in Computer ...
A highly regarded trading firm is looking to bring on a Quantitative Trading Developer to help ... Deep background using Python for tool development, automation, and data analysis * B.S. in Computer ...
Senior R&D Engineer - Fire and Explosion
Northbrook, IL · On-site
$105 - $125/hr
Skills in Python programming, machine learning techniques and workflow efficiency software tool development are preferredExperience with analytical laboratory techniques such as Fourier Transform ...
Senior R&D Engineer - Fire and Explosion
Northbrook, IL · On-site
$105 - $125/hr
Skills in Python programming, machine learning techniques and workflow efficiency software tool development are preferredExperience with analytical laboratory techniques such as Fourier Transform ...
Tool Room Supervisor
Carpentersville, IL · On-site
$80K/yr
Support Production Objectives and New Product Development. * Manage all tooling projects, including a Tooling Engineer, on both in-house tool designs and with outside vendors, requesting quotes on ...
Tool Room Supervisor
Carpentersville, IL · On-site
$80K/yr
Support Production Objectives and New Product Development. * Manage all tooling projects, including a Tooling Engineer, on both in-house tool designs and with outside vendors, requesting quotes on ...
Tool Room Engineer/Manager
Chicago, IL · On-site
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Tool Room Engineer/Manager
Chicago, IL · On-site
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Senior R&D Engineer - Fire and Explosion
Northbrook, IL · On-site
$106K - $140K/yr
Skills in Python programming, machine learning techniques and workflow efficiency software tool development are preferred * Experience with analytical laboratory techniques such as Fourier Transform ...
Senior R&D Engineer - Fire and Explosion
Northbrook, IL · On-site
$106K - $140K/yr
Skills in Python programming, machine learning techniques and workflow efficiency software tool development are preferred * Experience with analytical laboratory techniques such as Fourier Transform ...
Tool & Die
$25.25 - $31.75/hr
Capable of basic development work to work out mechanisms and details. * Understand and comply with ... Provide support to engineering in gathering requested information and beta testing some engineering ...
Tool & Die
$25.25 - $31.75/hr
Capable of basic development work to work out mechanisms and details. * Understand and comply with ... Provide support to engineering in gathering requested information and beta testing some engineering ...
Development Analyst
$75K - $85K/yr
... engineering, legal, and regulatory. The ideal candidate brings a strong foundation in development ... Dashboard & Tool Development: Create and maintain dashboards, models, and tools to improve ...
Quick apply
Development Analyst
$75K - $85K/yr
... engineering, legal, and regulatory. The ideal candidate brings a strong foundation in development ... Dashboard & Tool Development: Create and maintain dashboards, models, and tools to improve ...
Supervisor, Tool & Die Design
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Quick apply
Supervisor, Tool & Die Design
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Supervisor, Tool & Die Design
Carpentersville, IL · On-site
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Supervisor, Tool & Die Design
Carpentersville, IL · On-site
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Development Analyst
Chicago, IL · On-site
$75K - $85K/yr
... engineering, legal, and regulatory. The ideal candidate brings a strong foundation in development ... Dashboard & Tool Development: Create and maintain dashboards, models, and tools to improve ...
Development Analyst
Chicago, IL · On-site
$75K - $85K/yr
... engineering, legal, and regulatory. The ideal candidate brings a strong foundation in development ... Dashboard & Tool Development: Create and maintain dashboards, models, and tools to improve ...
Supervisor, Tool & Die Design
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Quick apply
Supervisor, Tool & Die Design
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Supervisor, Tool & Die Design
Carpentersville, IL · On-site
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Supervisor, Tool & Die Design
Carpentersville, IL · On-site
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Tool Room Engineer/Manager
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Tool Room Engineer/Manager
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Tool Room Engineer/Manager
Chicago, IL · On-site
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Tool Room Engineer/Manager
Chicago, IL · On-site
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Tool Room Engineer/Manager
Chicago, IL · On-site
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Tool Room Engineer/Manager
Chicago, IL · On-site
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Tool Room Engineer/Manager
Chicago, IL · On-site
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Tool Room Engineer/Manager
Chicago, IL · On-site
$96K - $125K/yr
The Tool Room Engineer/Manager manages and oversees all aspects of the day to day tool room ... Takes ownership of personal and employee development * Must have understanding of stamping tooling ...
Supervisor, Tool & Die Design
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Quick apply
Supervisor, Tool & Die Design
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Supervisor, Tool & Die Design
Carpentersville, IL · On-site
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Supervisor, Tool & Die Design
Carpentersville, IL · On-site
$45 - $65/hr
Process engineering drawings and models through current PLM and ERP systems. * Work directly with the tool room during the build and development of tooling to ensure designs produce parts that meet ...
Quality Engineer - Internal Bench
Chicago, IL · On-site
$74K - $95K/yr
Turn it up to 11 as a Lead Software Development Engineer in Test Do you want to be utilizing the ... Hands-on experience writing integration tests using Postman or similar tool/library * Hands on ...
Quality Engineer - Internal Bench
Chicago, IL · On-site
$74K - $95K/yr
Turn it up to 11 as a Lead Software Development Engineer in Test Do you want to be utilizing the ... Hands-on experience writing integration tests using Postman or similar tool/library * Hands on ...
Tool Development Engineer information
See Chicago, IL salary details
$50.5K - $60.3K
3% of jobs
$60.3K - $70K
4% of jobs
$70K - $79.8K
16% of jobs
$80.8K is the 25th percentile. Wages below this are outliers.
$79.8K - $89.6K
19% of jobs
The median wage is $92.8K / yr.
$89.6K - $99.4K
24% of jobs
$106.1K is the 75th percentile. Wages above this are outliers.
$99.4K - $109.2K
13% of jobs
$109.2K - $119K
6% of jobs
$119K - $128.8K
5% of jobs
$128.8K - $138.6K
3% of jobs
$138.6K - $148.3K
5% of jobs
$148.3K - $158.1K
1% of jobs
$50.5K
$99.1K
$158.1K
How much do tool development engineer jobs pay per year?
As of Aug 19, 2026, the average yearly pay for tool development engineer in Chicago, IL is $99,053.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,900.00 and $109,700.00 per year, depending on experience, location, and employer.
What is a tool development engineer?
Tool Development Engineers are professionals who design, develop, and maintain tools, software, or equipment used to optimize production processes or support engineering teams. Their responsibilities often include understanding user requirements, creating prototypes, testing tools, and improving existing solutions to enhance efficiency and quality. They work closely with manufacturing, software, or hardware teams, depending on the industry. Tool Development Engineers play a critical role in increasing productivity and ensuring the reliability of tools used in various technical environments.
What are some common challenges faced by tool development engineers when collaborating with cross-functional teams?
Tool Development Engineers often work closely with software developers, QA testers, and product managers to create and refine tools. A common challenge is balancing differing priorities, such as development speed versus tool robustness or user-friendliness. Effective communication and flexibility are key to understanding and addressing the unique needs of each team. Regular feedback sessions and clear documentation help ensure that the tools developed meet the evolving requirements of all stakeholders.
What are the key skills and qualifications needed to thrive as a tool development engineer, and why are they important?
To thrive as a Tool Development Engineer, you need a solid background in engineering principles, programming languages (such as Python, C++, or Java), and a relevant degree in computer science, engineering, or a related field. Familiarity with CAD software, version control systems, and automation tools, as well as certifications in relevant frameworks, are typically expected. Strong problem-solving skills, attention to detail, and effective communication enable collaboration and innovative tool design. These competencies are crucial for developing efficient, reliable tools that optimize engineering workflows and support organizational productivity.
What is the difference between Tool Development Engineer vs Manufacturing Engineer?
| Aspect | Tool Development Engineer | Manufacturing Engineer |
|---|---|---|
| Primary Focus | Designing, developing, and optimizing tools and equipment used in manufacturing processes | Planning, implementing, and improving manufacturing processes and workflows |
| Skills & Certifications | Mechanical design, CAD, problem-solving, certifications like Six Sigma or Lean | Process engineering, project management, certifications like Six Sigma or Lean |
| Work Environment | Design labs, manufacturing plants, R&D facilities | Factories, production lines, plant floor |
| Industry Usage | Common in automotive, aerospace, electronics manufacturing | Widely used across various manufacturing sectors including consumer goods and industrial equipment |
While both roles support manufacturing operations, the Tool Development Engineer primarily focuses on creating and improving tools and equipment, whereas the Manufacturing Engineer concentrates on optimizing entire production processes. Understanding these distinctions helps in choosing the right career path or job search focus.
What are popular job titles related to Tool Development Engineer jobs in Chicago, IL?
For Tool Development Engineer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Tool Development Engineer jobs in Chicago, IL look for?
The top searched job categories for Tool Development Engineer jobs in Chicago, IL are:
Full-time
Posted 18 days ago
Job description
A highly regarded trading firm is looking to bring on a Quantitative Trading Developer to help expand their equity options market making team. The desk is well established and continues to invest heavily in staying at the cutting edge of technology. Working hand in hand with traders and researchers, you will automate strategies, strengthen infrastructure, and build new tools. The role offers exceptional upside and the opportunity to make an immediate impact on P&L.
What you will do:
- Partner with traders and researchers to optimize the full trading system
- Develop and implement new trading strategies
- Design new tools for traders that will be used across the firm
- Identify and drive improvements across every function of the platform
Who you are:
- 2+ years of experience working closely with systematic trading strategies
- Strong understanding of quantitative trading and how markets operate
- Deep background using Python for tool development, automation, and data analysis
- B.S. in Computer Science from a top 50 university