Risk Management Specialist Jobs in Downers Grove, IL
A Risk Management Specialist in the finance industry is responsible for identifying, analyzing, and mitigating potential risks that could negatively impact an organization's financial and operational effectiveness. They develop risk management processes and policies, ensure compliance with regulatory requirements, and provide risk-related advice to senior management. Their work involves continuous oversight of financial transactions, investment strategies and market trends to identify potential issues early, enabling proactive risk management. They also conduct periodic risk assessments, maintain risk management databases, and prepare risk analysis reports for the management.
To be effective in their roles, Risk Management Specialists should have strong analytical skills, good judgement, and a keen eye for details. They should be proficient in risk analysis software and have a solid understanding of financial markets and investment strategies. A bachelor's degree in Finance, Business, Economics or a related field is typically required, and professional certifications like Certified Risk Manager (CRM) or Financial Risk Manager (FRM) could be beneficial. Prior to becoming a Risk Management Specialist, a person might have roles such as Risk Analyst, Financial Analyst, or Compliance Officer to gain the necessary experience and understanding of the financial industry.
Global Treasury & Risk Manager
- Schaumburg, IL (15 miles from Downers Grove, IL)
- 4 hours ago
- Schaumburg, IL (15 miles from Downers Grove, IL)
- 4 hours ago
Job Description: KEY ACCOUNTABILITIES INCLUDE: Process Improvement: Build processes and structure necessary to develop a world class Treasury function capable of supporting the growth and...
Senior Manager, Portfolio Manager - Emerging Middle Market/Business Lending
- Chicago, IL (20 miles from Downers Grove, IL)
- 4 hours ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 4 hours ago
Application Deadline: 05/29/2025 Address: 320 S Canal Street Job Family Group: Commercial Sales & Service This exciting role will oversee all activities within the EMM (Emerging Middle Market)...
Associate Principal Risk Specialist: Fixed Income, Member Supervision - All FINRA Locations
- Chicago, IL (20 miles from Downers Grove, IL)
- 4 hours ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 4 hours ago
Execute functions in support of fixed income specialized units missions including, but not limited to, examinations, investigations, consultations, advisory, knowledge sharing, and quality assurance...
Portfolio Manager- Equipment Finance
- Schaumburg, IL (15 miles from Downers Grove, IL)
- 4 hours ago
- Schaumburg, IL (15 miles from Downers Grove, IL)
- 4 hours ago
Description Summary: The Equipment Finance Portfolio Manager analyzes, assesses, and documents the critical components of a credit decision. This role conducts industry and company research,...
Remote WorkCommercial Real Estate Portfolio Manager I
- Chicago, IL (20 miles from Downers Grove, IL)
- 4 hours ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 4 hours ago
Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The...
Senior Quantitative Long-Short Equity Portfolio Manager
- Chicago, IL (20 miles from Downers Grove, IL)
- 11 hours ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 11 hours ago
About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud...
FSO Assurance-Technology Risk-Manager-Multiple Positions-1601960
- Chicago, IL (20 miles from Downers Grove, IL)
- 13 hours ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 13 hours ago
EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. At EY, youll have the chance to build a career as unique as you...
Senior Commercial Banking Portfolio Manager
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
About this role: Wells Fargo is seeking a Senior Commercial Banking Portfolio Manager to join our Credit Execution Market Coverage team as part of Commercial Banking. Learn more about the career...
Managing Director, Head of Portfolio Management and Structuring for Diversified East
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
Application Deadline: 05/29/2025 Address: 320 S Canal Street Job Family Group: Commercial Sales & Service Diversified East is seeking a Managing Director, Head of Portfolio Management and...
Quantitative Trader and Risk Manager
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
The new team member will play a critical role in growing the organization’s capabilities to trade a wide range of cash securities and derivatives, including fixed income, equities, FX, ETFs, and related...
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
In this role, you will develop and review credit policies and strategies as well as data and analytical frameworks for loan origination and loss forecasting. Review relevant data to identify the...
Remote WorkRisk Management - Specialty Finance - Credit Risk Analyst
- Chicago, IL (20 miles from Downers Grove, IL)
- 2 days ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 2 days ago
JobID: 210620197 Category: Analysts JobSchedule: Full time Posted Date: 2025-04-28T16:54:34+00:00 JobShift: Base Pay/Salary: Chicago,IL $90,000.00-$110,000.00 Bring your expertise to...
AVP, Portfolio Management and Underwriting (Commercial/Emerging Middle Market)
- Chicago, IL (20 miles from Downers Grove, IL)
- 2 days ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 2 days ago
Application Deadline: 05/29/2025 Address: 50 S 6th Street Job Family Group: Commercial Sales & Service Facilitates decisioning and analysis of all types of credit information to support lending...
Associate, Portfolio Management and Underwriting, (Commercial/Emerging Middle Market)
- Naperville, IL (6 miles from Downers Grove, IL)
- 2 days ago
- Naperville, IL (6 miles from Downers Grove, IL)
- 2 days ago
Application Deadline: 05/29/2025 Address: 50 S 6th Street Job Family Group: Commercial Sales & Service Facilitates decisioning and analysis of all types of credit information to support lending...
Director, Team Lead, Credit & Portfolio Management (Emerging Middle Market)
- Chicago, IL (20 miles from Downers Grove, IL)
- 2 days ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 2 days ago
Application Deadline: 05/29/2025 Address: 401 N Executive Drive Job Family Group: Commercial Sales & Service BMO is the 8th largest bank in North America and the 4th largest commercial lender with...
Demographic Data for Downers Grove, IL
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Salary for Risk Management Specialist Jobs in Downers Grove, IL
Required or preferred licenses and certifications for Risk Management Specialist positions.
Highest Education Level
Risk Management Specialists in Downers Grove, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Risk Management Specialist position
- Loss Control
- Asset Allocation
- Treasury
- Financial Modeling
- Financial Statements
- Comprehensive Capital Analysis and Review
- Treasury Management
- Derivatives
- BSA
- Commercial Lending
- Wealth Management
- Cash Flow Analysis
- Credit Underwriting
- Balance Sheets
- Capital Markets
- Fixed Income
- Valuation
- Credit Analysis
- Commercial Real Estate
- Anti-Money Laundering
- Investment Management
- Lending
- Financial Analysis
- Financial Services
- Mortgage Processing
- Client Relationships
- Underwriting
- Portfolio Management
- Risk Analysis
- Due Diligence
- Asset Management
- Modeling
- Finance
- Real Estate
- Accounting
- Reimbursement
- Risk Management
- Strategy Development
- Analytical Skills
- Implementation
- Decision Making
- Written Communication
- Auditing
- Presentation
- Negotiation
- Collaboration
- Mentoring
- Documentation
- Reporting
- Bachelor's Degree
- Budgets
- Regulations
- Policy Development
- Sales
- Project Management
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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