Risk Management Specialist Jobs in Illinois

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 145 Jobs

Job Title: Vice President, Team Lead - Portfolio Management Hotel Franchise Finance (HFF) Location: CityScape What you'll do: As a Vice President, Portfolio Management Team Leader you'll be in a...

Financial Risk Analyst

  • Chicago, IL
  • 22 hours ago
  • Chicago, IL
  • 22 hours ago

Role: Financial Risk Analyst Location : Chicago, IL Job Responsibilites: Interact with regulators, exchanges and other external parties in explaining company s risk management systems. Recommend...

Nuveen Global Fixed Income (Nuveen GFI) is world-class asset manager that manages approximately $600 billion of investment strategies across the broad spectrum of the fixed income markets....

Senior Risk Management Analyst

  • Chicago, IL
  • 1 day ago
  • Chicago, IL
  • 1 day ago

Application Deadline: 09/12/2025 Address: 320 S Canal Street Job Family Group: Data Analytics & Reporting For our data-focused position, we seek a candidate with expertise in data analytics for...

Regional Investment Manager Research & Strategy Le

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

Conduct in-depth analysis of investment strategies including fixed Income, equities, private and/or alternatives markets....

Risk & Control Analyst

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

Risk & Control Analyst Job Location United States-IL-Chicago Work Status Full-Time Department Consumer Lending Admin 366 FLSA Status Exempt Requisition ID 2025-4159 Career Level P1 In this role,...

Remote Work

Tech Product Manager - Portfolio Management Technologies

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

Newmark We are seeking an experienced, strategic, and hands-on Product Manager to join the Occupier Solutions Technology team at Newmark focusing primarily on Portfolio Management Technologies. In...

Commercial Middle Market Underwriter & Portfolio Manager

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...

Asset Manager, Renewables Asset Management

  • Chicago, IL
  • 3 days ago
  • Chicago, IL
  • 3 days ago

at Invenergy LLC in Chicago, Illinois, United States Job Description Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve...

Senior Portfolio Manager, Specialized Lending

  • Rosemont, IL
  • 3 days ago
  • Rosemont, IL
  • 3 days ago

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated...

Lead, IT Portfolio Management

  • Springfield, IL
  • 4 days ago
  • Springfield, IL
  • 4 days ago

at Humana in Springfield, Illinois, United States Job Description Become a part of our caring community and help us put health first The Lead, IT Portfolio Management is responsible for aligning...

Remote Work

Team Lead, Portfolio Manager Support

  • Chicago, IL
  • 4 days ago
  • Chicago, IL
  • 4 days ago

Role Overview We are seeking an experienced and hands-on Lead to oversee our global Technology Portfolio Manager Support efforts, ensuring the seamless support and integration of investment teams...

Commercial Real Estate (REIT) Portfolio Manager - AVP

  • Chicago, IL
  • 5 days ago
  • Chicago, IL
  • 5 days ago

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your...

Risk Analyst

  • Chicago, IL
  • 5 days ago
  • Chicago, IL
  • 5 days ago

board of the clearing houses, clearing members, regulators as well as end users Must be able to work both independently and as part of a broader team Experience with energy market, commodities, FX and equities...

Director - Business Performance Management - Portfolio

  • Niles, IL
  • 5 days ago
  • Niles, IL
  • 5 days ago

With roots extending before Prohibition, Republic National Distributing Company (RNDC) is a family-owned business that has evolved into one of the nations largest wine and spirits distributor,...

Demographic Data for Illinois

Moving to Illinois? Find some basic demographic data about Illinois below.


Local
National
12,812,477
319,486

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...
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...
Cybersecurity Risk Management
Learn key principles of risk analysis, risk assessment and risk mitigation for information security using both qualitative and quantitative methodologies. Cybersecurity risk management guides a...

Title Synonyms

Users interested in this job title also searched for the following job titles


Salary for Risk Management Specialist Jobs in Illinois

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 Illinois offer the following education background
Bachelor's Degree
44.3%
Master's Degree
42.0%
Doctorate Degree
4.1%
High School or GED
3.2%
Associate's Degree
3.2%
Vocational Degree or Certification
2.6%
Some College
0.5%
Some High School
0.1%


Other Career Titles

Here are some other career titles that require similar skills



Risk Management Specialist Related Career Advice Articles

close up of a financial chart with finance professionals meeting in the background
5 Types of Finance Jobs: Which Is the Best Fit?

Wondering if a finance job is right for you? Check out our guide to finance careers and learn more about working in finance.

Read article »
Certified Financial Advisor discussing investment opportunities with clients
Impress Employers with These Finance Certifications

For professionals in the financial services industry, certifications can mean the difference between thriving or just surviving. Find out which certification would be best for you.

Read article »