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.
at Capital One in Chicago, Illinois, United States Job Description Managing Underwriter & Portfolio Manager (FIG), Senior Director The Underwriting and Portfolio Management organization is...
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 WorkWintrust 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...
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...
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...
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...
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 Aftermarket Portfolio Manager remote type Hybrid locations Morton Grove, Illinois Pittsburgh, Pennsylvania time type Full time posted on Posted Yesterday job...
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...
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
- Chicago, IL
- 4 days ago
- Chicago, IL
- 4 days ago
Associate, Speciality Underwriter & Portfolio Manager - Healthcare Real Estate The Underwriting and Portfolio Management organization is responsible for working with internal partners to...
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...
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 Workrelated 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.
Risk Management Specialist Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Risk Management Specialist Jobs in Illinois
Required or preferred licenses and certifications for Risk Management Specialist positions.
Highest Education Level
Risk Management Specialists in Illinois offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Risk Management Specialist position
- Loss Control
- Asset Allocation
- Treasury
- Financial Modeling
- Financial Statements
- Commercial Lending
- Comprehensive Capital Analysis and Review
- Derivatives
- BSA
- Wealth Management
- Cash Flow Analysis
- Credit Underwriting
- Investment Analysis
- Balance Sheets
- Capital Markets
- Fixed Income
- Valuation
- Credit Analysis
- Commercial Real Estate
- Investment Banking
- Investment Management
- Lending
- Financial Analysis
- Anti-Money Laundering
- Financial Services
- Underwriting
- Portfolio Management
- Risk Analysis
- Due Diligence
- Asset Management
- Modeling
- Finance
- Real Estate
- Reimbursement
- Accounting
- Risk Management
- Strategy Development
- Analytical Skills
- Implementation
- Decision Making
- Negotiation
- Written Communication
- Auditing
- Presentation
- Documentation
- Reporting
- Collaboration
- Interpersonal Skills
- Budgets
- Bachelor's Degree
- Regulations
- Policy Development
- Project Management
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Staff Supervision
- Organization
- Research Skills
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Risk Management Specialist Related Career Advice Articles

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 »
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 »