Full-Time

Power Electronics Senior Electrical Design Engineer

Electrification

Posted on 10/29/2025

Deadline 11/3/25
Caterpillar Inc.

Caterpillar Inc.

10,001+ employees

Corporate venture capital arm investing startups

Compensation Overview

$110.5k - $165.8k/yr

No H1B Sponsorship

Peoria, IL, USA

In Person

Relocation assistance available; in-office, five days per week.

Category
Electrical Engineering (3)
, ,
Requirements
  • Bachelor’s, Master’s or Doctorate Degree in Electrical, Power Electronics, Computer Engineering or equivalent with appropriate experience in the field.
  • Technical Excellence: Demonstrated understanding of electrical systems with special emphasis on power conversion or electric drive systems
  • Experience with Power Electronics/electric drive systems and/or components such as IGBT’s, Gate Drive Boards, Current Sensors, Power Suppliers
  • Experience with quality tools including FMEA, APQP, BIQ & PPAP
  • Effectively performs the technical job aspects, continuously building knowledge and keeps up-to-date on technical and procedural job components.
  • Applies technical operating and project standards based on achieving excellence in delivered products, technologies and services.
  • Applies current procedures and technologies to help resolve technical issues in one's general area of technical competence.
  • Helps others solve technical or procedural problems or issues.
  • Knowledge of product features; ability to design, build, and develop a new product, technology, or service from concept through to production.
  • Experience with launching new technology or products into production (NTI, NPI), including concept validation, design validation and NPI issue resolution process
  • Builds complex circuits for power and signal transmission taking into account signal integrity, EMC, thermal management, creepage and clearance requirements.
  • Communicates with peers and mentors to understand various requirements of product design.
  • Tests and evaluates alternative means of production being considered for use.
  • Uses automated tools to simulate, design or modify the design of a product.
  • Assists in building and testing a complex prototype of product.
  • Experience with Circuit Design, Schematic Design, CFD & FEA analysis tools such as Matlab, PSPICE, Altium, Mentor Graphics, Ansys, and Sherlock
  • Consults on benefits and drawbacks of board layout design differences
  • Seeks discrepancies and inconsistencies in available information; explains variances.
  • Organizes and prioritizes the sequence of steps to be taken to remedy the situation.
  • Identifies many possible causes for a problem based on prior experience and current research.
  • Quantifies the costs, benefits, risks and chances for success before recommending a course of action.
  • Approaches a complex problem by breaking it down into its component parts.
  • Chooses among a diverse set of analytical tools according to the nature of the situation.
  • Develops improvement plans for senior management and evaluates the outcome of the design against the functionality.
  • Advises others on the development of multiple products and their functionality.
  • Trains others on advanced tools and approaches of product design.
  • Monitors the processes and procedures of a complex product design to ensure functional requirements are met.
  • Evaluates feedback from customers and consults on functional weaknesses.
  • Controls design and development costs of a proposed product through effective resource coordination.
Responsibilities
  • Work with the power conversion application engineering groups to establish the application architecture and electrical requirements for power electronics components/systems
  • Develop and implement the electrical architecture for power electronics to be used in NPI & NTI machine/product programs
  • Develop design concepts and detailed electrical designs and schematics for low voltage (<=1500V) power electronics inverter and converter systems
  • Design, validate and launch PCBA's and inverter level solutions into production
  • Lead other engineers within the Cat global team for electrical design and the release of prints for production
  • Play an active role in supplier collaboration and selection and development of the potential suppliers for electrical designs – some limited travel will be required
  • Identify and work with other Caterpillar SMEs to ensure a comprehensive design which meets mechanical, thermal, life and performance requirements
  • Stay up to date with the latest advances in power electronics technologies
  • Prepare and support execution of test plans to verify designs with simulation and to validate electrical designs in the lab and on prime product.

Caterpillar Ventures is the corporate venture capital arm of Caterpillar Inc., making strategic, minority investments in early-stage startups that align with Caterpillar’s future priorities. It supports portfolio companies with capital (typically $500,000 to $5 million per round) and access to Caterpillar’s industry expertise, global dealer and supplier network, and technical resources to enable collaborations and growth. Its approach combines financial funding with strategic value, differentiating itself by leveraging a parent company’s assets and by pursuing sustainability and decarbonization areas such as electric vehicles, energy storage, hydrogen, grid optimization, and advanced materials. The goal is to help Caterpillar and its customers navigate the energy transition, improve operational efficiency, and extend Caterpillar’s long‑term strategy, including expanding investments beyond the US into Europe.

Company Size

10,001+

Company Stage

IPO

Headquarters

Irving, Texas

Founded

1925

Simplify Jobs

Simplify's Take

What believers are saying

  • £5M Equipmake investment in March 2025 accelerates electrification tech adoption.
  • ElevenEs Series B funds 1GWh Serbia LFP factory starting February 2026.
  • Lithos Energy deal boosts Caterpillar's electrified product portfolio development.

What critics are saying

  • Equipmake shares collapse below 3.125p, diluting Caterpillar stake 70% now.
  • EU-China tariffs hit 40% in 2026, delaying ElevenEs Serbia factory 12-18 months.
  • Lithos battery specs mismatch strands integration within 6-12 months.

What makes Caterpillar Inc. unique

  • Caterpillar Ventures leverages Caterpillar's global dealer network for portfolio scaling.
  • Focuses on strategic minority investments in energy decarbonization and mining tech.
  • Combines direct Series A/B deals with LP stakes in pre-seed funds.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Annual incentive bonus plan

Medical, dental, and vision coverage

Paid time off plan (Vacation, Holiday, Volunteer, Etc.)

401k savings plan

Health savings account (HSA)

Flexible spending accounts (FSAs)

Disability benefits

Life Insurance

Parental leave

Healthy Lifestyle Programs

Employee Assistance Programs

Voluntary Benefits and Employee Discounts

Tuition Reimbursement

Career Development

Company News

Yahoo Finance
Apr 11th, 2026
Applied Materials and Caterpillar outperform as UPS faces labour costs and declining revenue

Applied Materials reported first-quarter revenue of $7.01 billion, down 2% due to falling China sales, but earnings per share surged 75% to $2.54 on improved margins. The semiconductor equipment maker expects industry sales to grow more than 20% this year, driven by AI computing demand. The company holds leading market positions in deposition and etching tools used for chip manufacturing. Its shares have risen over 175% in the past year and more than 35% year-to-date. Meanwhile, Caterpillar is benefiting from data centre growth through its dominance in backup generators. The industrial firm is experiencing strong sales growth and a large backlog for diesel and natural gas engines that provide emergency power for hyperscale data centres.

PR Newswire
Apr 8th, 2026
Caterpillar appoints Kyle Epley as CFO after record $67.6B year

Caterpillar has appointed Kyle Epley as chief financial officer, effective 1 May 2026, replacing Andrew Bonfield, who will retire on 1 October after eight years with the company. Bonfield will serve in an advisory role during the transition period. Epley brings nearly three decades of Caterpillar experience to the role and currently serves as senior vice president of Global Finance Services. He has held several senior finance leadership positions, including division CFO and corporate controller. During Bonfield's tenure, Caterpillar achieved record financial performance, including the highest full-year sales and revenues in company history and a single-quarter record of $19.1 billion in the fourth quarter of 2025. The company reported 2025 sales and revenues of $67.6 billion.

PR Newswire
Apr 8th, 2026
Caterpillar maintains $1.51 quarterly dividend, extends 32-year streak of annual increases

Caterpillar has maintained its quarterly dividend at $1.51 per share of common stock, payable on 19 May 2026 to shareholders of record as of 20 April 2026. The construction and mining equipment manufacturer has paid a cash dividend every year since its formation and quarterly dividends since 1933. Caterpillar has increased annual dividends for 32 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index. The company reported sales and revenues of $67.6 billion in 2025. Its primary business segments include Power & Energy, Construction Industries and Resource Industries.

Yahoo Finance
Apr 1st, 2026
Caterpillar becomes AI powerhouse with $51B backlog from data centre power solutions

Caterpillar, the industrial equipment manufacturer known for construction machinery, has emerged as an unexpected AI beneficiary through its power and energy segment. The company is capitalising on surging demand for data centre power infrastructure, selling industrial-scale generators, battery systems and switchgear whilst electrical grids expand to meet capacity needs. The power and energy division grew revenue 23% year-over-year in Q4 2025, becoming Caterpillar's largest business. The company ended 2025 with a $51 billion order backlog, up 71% from the previous year. Management estimates data centre electricity requirements will rise 200% by 2035. Caterpillar shares have more than doubled over the past year and trade at 31 times forward earnings. Wall Street analysts forecast 18% annual earnings growth over the next three to five years.

Yahoo Finance
Mar 23rd, 2026
Caterpillar stock doubles in a year on AI data centre power demand

Caterpillar has surged roughly 100% over the past year, making it one of the best performers in the Dow Jones Industrial Average. The dividend stock's gains have been driven largely by surging demand for power generation equipment needed to support AI data centres. In the fourth quarter of 2025, Caterpillar's power generation sales jumped 44%, fueled by demand for generators and turbines supporting AI infrastructure. The company secured one of its largest single power contracts to supply generators for a data centre project in West Virginia. Power and energy sales have become Caterpillar's largest revenue contributor. Caterpillar is investing $725 million to expand production capacity and plans to more than double turbine engine capacity by 2030. In June 2025, the company raised its quarterly dividend by 7% to $1.51 per share.

INACTIVE