Risk Management Specialist Jobs in Northbrook, 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.

1-15 of 122 Jobs

Risk Management- Principal Risk - Analyst

  • Chicago, IL (17 miles from Northbrook, IL)
  • 4 hours ago
  • Chicago, IL (17 miles from Northbrook, IL)
  • 4 hours ago

Risk Management- Principal Risk - Analyst Chicago, IL, United States JOB INFORMATION Job Identification 210621883 Job Category Analysts Business Unit Commercial & Investment Bank Posting Date...

Global Treasury & Risk Manager

  • Schaumburg, IL (13 miles from Northbrook, IL)
  • 8 hours ago
  • Schaumburg, IL (13 miles from Northbrook, IL)
  • 8 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 (17 miles from Northbrook, IL)
  • 8 hours ago
  • Chicago, IL (17 miles from Northbrook, IL)
  • 8 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 (17 miles from Northbrook, IL)
  • 9 hours ago
  • Chicago, IL (17 miles from Northbrook, IL)
  • 9 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 (13 miles from Northbrook, IL)
  • 9 hours ago
  • Schaumburg, IL (13 miles from Northbrook, IL)
  • 9 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 Work

Commercial Real Estate Portfolio Manager I

  • Chicago, IL (17 miles from Northbrook, IL)
  • 9 hours ago
  • Chicago, IL (17 miles from Northbrook, IL)
  • 9 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 (17 miles from Northbrook, IL)
  • 16 hours ago
  • Chicago, IL (17 miles from Northbrook, IL)
  • 16 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 (19 miles from Northbrook, IL)
  • 18 hours ago
  • Chicago, IL (19 miles from Northbrook, IL)
  • 18 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 (17 miles from Northbrook, IL)
  • 1 day ago
  • Chicago, IL (17 miles from Northbrook, 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 (17 miles from Northbrook, IL)
  • 1 day ago
  • Chicago, IL (17 miles from Northbrook, 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 (17 miles from Northbrook, IL)
  • 1 day ago
  • Chicago, IL (17 miles from Northbrook, 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...

Senior Credit Risk Analyst

  • Chicago, IL (17 miles from Northbrook, IL)
  • 1 day ago
  • Chicago, IL (17 miles from Northbrook, 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 Work

Risk Management - Specialty Finance - Credit Risk Analyst

  • Chicago, IL (17 miles from Northbrook, IL)
  • 2 days ago
  • Chicago, IL (17 miles from Northbrook, 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 (17 miles from Northbrook, IL)
  • 2 days ago
  • Chicago, IL (17 miles from Northbrook, 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)

  • Chicago, IL (17 miles from Northbrook, IL)
  • 2 days ago
  • Chicago, IL (17 miles from Northbrook, 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...

Demographic Data for Northbrook, IL

Moving to Northbrook, IL? Find some basic demographic data about Northbrook, IL below.


Local
National
42,751
2,832
Medium

Risk Management Specialist Online Courses and Training Opportunities

iHireFinance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Risk Management
Gain a solid foundation in risk management by learning risk assessment, analysis, and management techniques from Wall Street professionals. Taught by instructors with decades of experience on Wall...
Flood Risk Management
Understand the fundamentals of flood risk management and forecasting and learn how to implement ideas and measures to prevent damage. In the last decades, the reported damages caused by natural...
Risk Management for Projects
Learn how to manage risk in your organization by using the best processes and procedures. Risk management is a process used for the identification, assessment and analysis of potential risks to an...

Title Synonyms

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Salary for Risk Management Specialist Jobs in Northbrook, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireFinance research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Risk Management Specialist positions.



Highest Education Level

Risk Management Specialists in Northbrook, IL offer the following education background
Bachelor's Degree
44.3%
Master's Degree
41.9%
Doctorate Degree
4.1%
High School or GED
3.3%
Associate's Degree
3.3%
Vocational Degree or Certification
2.7%
Some College
0.5%
Some High School
0.1%


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Here are some other career titles that require similar skills



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