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 127 Jobs

FSO Assurance-Technology Risk-Manager-Multiple Positions-1601960

  • Chicago, IL
  • moments ago
  • Chicago, IL
  • moments 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
  • 15 hours ago
  • Chicago, IL
  • 15 hours 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...

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

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...

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...

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...

Risk Management- Principal Risk - Analyst

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

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a...

Deals Delivering Deal Value Human Capital Manager

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

Industry/Sector Not Applicable Specialism People in Deals Management Level Manager Job Description & Summary At PwC, our people in workforce consulting focus on providing consulting services...

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding,...

Senior Risk Analyst, Insurance

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

The Senior Risk Analyst is responsible for supporting the Vice President of Corporate Risk in all aspects of risk management, risk financing, and insurance. This position requires a motivated...

Director, Risk Management

  • Northbrook, IL
  • 3 days ago
  • Northbrook, IL
  • 3 days ago

at CF Enterprises, Inc. in Northbrook, Illinois, United States Job Description At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. Our employees are...

Operational Risk Manager

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

We are seeking an Operational Risk Manager to join the Optiver Operational Risk Management team. In this role, you will help monitor risk, scale, and improve our control frameworks and processes...

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...
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 Assessment and Management
In recent years, managing workplace safety and health has taken a more proactive approach, recognising that determining and overcoming hazards before they cause injury or illness is more effective...

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
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%


Other Career Titles

Here are some other career titles that require similar skills



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