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 157 Jobs

Senior Financial Crime Risk Management Analyst, KYC High Risk Reviews

  • Metropolis, IL
  • 13 hours ago
  • Metropolis, IL
  • 13 hours ago

Work Location: Vienna, Virginia, United States of America Hours: 40 Pay Details: $68,640 - $112,320 USD TD is committed to providing fair and equitable compensation opportunities to all...

Finance Risk Compliance - Credit Risk Manager

  • Chicago, IL
  • 18 hours ago
  • Chicago, IL
  • 18 hours ago

Job Description In Strategy & Consulting we work with C-suite executives, leaders and boards of the world's leading organizations, helping them reinvent every part of their enterprise to drive...

Audit Director, Risk Management

  • Chicago, IL
  • 1 day ago
  • Chicago, IL
  • 1 day 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 - R09521-4121

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

Sr Commercial Portfolio Manager - Huntington Technology Finance

  • Rosemont, IL
  • 1 day ago
  • Rosemont, IL
  • 1 day ago

Description Summary: The Commercial Portfolio Manager, Senior - HTF (Huntington Technology Finance) services, deepens, and retains assigned profitable customer relationships by proactively...

Remote Work

Diabetes Portfolio Manager

  • Springfield, IL
  • 2 days ago
  • Springfield, IL
  • 2 days ago

_What Portfolio Management contributes to Cardinal Health_** Portfolio management is responsible for assessing customer needs, market conditions and competition to inform business strategy. This...

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and...

Vice President, Portfolio Manager - Sponsor Finance

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

Job Title: Vice President, Portfolio Manager - Sponsor Finance Location: IL - Chicago LPO What you'll do: As Vice President, Portfolio Manager you'll be responsible for analyzing, structuring,...

Portfolio Manager I

  • Elmhurst, IL
  • 3 days ago
  • Elmhurst, 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...

Risk & Control Analyst - Hybrid

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

In this role, you will evaluate and test the effectiveness of internal controls across various business operations to ensure compliance with regulatory requirements, company policies, and risk...

Remote Work

Lead CIB Portfolio Manager

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

About this role: Wells Fargo is seeking a Lead CIB Portfolio Manager in the REIT (Real Estate Investment Trust) Finance Group as part of the Corporate & Investment Banking Team. The Lead CIB...

Portfolio Manager I

  • Rosemont, IL
  • 4 days ago
  • Rosemont, IL
  • 4 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...

Senior Associate Portfolio Manager

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

and client objectives. * Broadens knowledge of fixed income portfolio management through various sources Knowledge: * Knowledge of investment theory and applications, usually acquired through related...

Investment Product Owner (Fixed Income Portfolio Management)

  • Springfield, IL
  • 5 days ago
  • Springfield, IL
  • 5 days ago

Investment Product Owner (Fixed Income Portfolio Management) MassMutual Springfield, United States Posted 14 hours ago Permanent Competitive Investment Product Owner (Fixed Income Portfolio Management...

Commercial Real Estate (REIT) Portfolio Manager

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

at ASSOCIATED BANK NATIONAL ASSOC in Chicago, Illinois, United States Job Description At Associated Bank we strive to create an inclusive culture where different perspectives are valued and...

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
44.2%
Master's Degree
42.0%
Doctorate Degree
4.1%
High School or GED
3.3%
Associate's Degree
3.2%
Vocational Degree or Certification
2.6%
Some College
0.5%
Some High School
0.1%


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