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

Managing Underwriter & Portfolio Manager (FIG), Se

  • Chicago, IL
  • 2 hours ago
  • Chicago, IL
  • 2 hours ago

at Capital One in Chicago, Illinois, United States Job Description Managing Underwriter & Portfolio Manager (FIG), Senior Director The Underwriting and Portfolio Management organization is...

Portfolio Manager Specialist

  • Lake Forest, IL
  • 4 hours ago
  • Lake Forest, IL
  • 4 hours ago

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to...

Director, Portfolio Management - Consumer & Financial

  • Chicago, IL
  • 7 hours ago
  • Chicago, IL
  • 7 hours ago

Description Summary: Huntington's Director, Portfolio Management will manage a book of business in the bank's Huntington's Consumer & Financial Banking group. The Director, Portfolio Management...

Remote Work

Senior Portfolio Manager, Commercial Banking

  • Chicago, IL
  • 19 hours ago
  • Chicago, IL
  • 19 hours ago

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its Different Approach, Better Results...

Senior Group Portfolio Manager

  • Chicago, IL
  • 19 hours ago
  • Chicago, IL
  • 19 hours 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...

Senior Manager, Credit Portfolio Management

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

Application Deadline: 05/15/2025 Address: 320 S Canal Street Job Family Group: Data Analytics & Reporting If youre looking for your next dream job, consider this one in BMOs Enterprise Risk Group...

Risk Analyst, Tech Specialist

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

WHO WE AREHeadquartered in the historic Chicago Board of Trade, PEAK6 Capital Management is a proprietary options trading firm that has been defining the industry for more than 25 years. While...

Digital Asset Manager

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

Title: Digital Asset Manager Location: Chicago, IL 60606 - Hybrid (2-3 days onsite/week) Client : Fortune 100 & leading US Airline Duration: 6 mos to start with likely extensions & potential to...

Aftermarket Portfolio Manager

  • Morton Grove, IL
  • 3 days ago
  • Morton Grove, IL
  • 3 days ago

Aftermarket Portfolio Manager Aftermarket Portfolio Manager remote type Hybrid locations Morton Grove, Illinois Pittsburgh, Pennsylvania time type Full time posted on Posted Yesterday job...

Risk Analyst

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

We are seeking Risk Process Analysts to join our team. The Risk Process Analyst works closely with teammates along with the Lines of Business and Enterprise functions to obtain an understanding of...

Financial Reporting & Asset Manager

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

Job Location: Chicago Company description Ferrero is a family-owned company with a truly progressive and global outlook and iconic brands such as Nutella, Tic Tac, Ferrero Rocher, Raffaello,...

Associate, Speciality Underwriter & Portfolio Manager - Healthcare Real Estate The Underwriting and Portfolio Management organization is responsible for working with internal partners to...

Special Loans Risk Manager

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

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

Risk & Control Analyst - Hybrid

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

Senior Model Risk Analyst

  • Cahokia, IL
  • 4 days ago
  • Cahokia, IL
  • 4 days ago

related database tools Proficient in statistical analysis and use of statistical modeling software (R, SAS, Python or similar statistical package Familiarity with Verafin, ALM software, Abrigo, and FactSet...

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...
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...
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

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
41.8%
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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