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Ai Risk Manager Jobs in Chicago, IL (NOW HIRING)

CIBC

Sr. Consultant, Operational Risk-2

Chicago, IL · On-site

$150K - $175K/yr

Support the US Operational Risk Management team with AI and Data risk management related topics as the resident AI risk management subject matter expert. #LI-TA CROSS-FUNCTIONAL RELATIONSHIPS * The ...

Bmo

Head, Responsible AI & Governance

Chicago, IL · On-site

$150K - $261K/yr

Establishes requirements for managing risk, transparency, and accountability. * Tracks and reports ... Reviews AI use cases and solutions against defined expectations in collaboration with data science ...

Posted today

Softchoice

Manager, Governance Risk Reporting

Chicago, IL · On-site

$110K - $138K/yr

As Manager, Governance, Risk & Reporting within Managed Services, you will be the organizational ... Implement AI-enabled automation and workflow improvements to streamline audit tracking, evidence ...

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All JobsAi Risk JobsAi Risk Manager JobsAi Risk Manager Jobs in Chicago, IL

Ai Risk Manager information

See Chicago, IL salary details

$53.1K

$114.9K

$175.1K

How much do ai risk manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for ai risk manager in Chicago, IL is $114,919.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,700.00 and $132,900.00 per year, depending on experience, location, and employer.

How much do AI risk managers make?

AI risk managers typically earn between $100,000 and $180,000 annually, depending on experience, education, and location. Senior roles or those in high-demand industries can offer higher salaries, often supplemented with bonuses and benefits. Strong knowledge of AI systems, risk assessment, and compliance are key skills for this role.

What does an AI risk manager do?

An AI risk manager assesses and mitigates potential risks associated with artificial intelligence systems, including ethical, safety, and compliance concerns. They develop strategies to ensure AI models operate reliably and responsibly, often working with data scientists and engineers to implement risk management frameworks and monitor AI performance. Strong analytical skills and knowledge of AI ethics, regulations, and tools are essential for this role.

What is the difference between Ai Risk Manager vs Data Scientist?

AspectAi Risk ManagerData Scientist
Required CredentialsTypically requires a degree in risk management, AI, or related fields; certifications in AI or risk management are commonRequires a degree in computer science, statistics, or related fields; certifications in data analysis or machine learning are common
Work EnvironmentWorks in financial, insurance, or tech industries focusing on AI risk assessment and mitigationWorks across industries analyzing data, building models, and deriving insights
Employer & Industry UsageUsed by organizations managing AI deployment risks, especially in regulated sectorsUsed by companies developing AI solutions, data-driven products, and analytics teams

The main difference is that an Ai Risk Manager focuses on identifying and mitigating risks associated with AI systems, often requiring knowledge of risk management and AI ethics. In contrast, a Data Scientist primarily analyzes data and builds models to extract insights, with less emphasis on risk mitigation. Both roles may overlap in AI projects but serve distinct functions within organizations.

Is AI going to replace AI Risk Manager jobs?

AI Risk Managers analyze and mitigate risks associated with artificial intelligence systems, a role that requires specialized knowledge of AI technologies, ethics, and compliance. While AI tools can assist in risk assessment, the job involves strategic decision-making and oversight that are unlikely to be fully automated in the near future.
What are popular job titles related to Ai Risk Manager jobs in Chicago, IL? For Ai Risk Manager jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Ai Risk Manager jobs in Chicago, IL look for? The top searched job categories for Ai Risk Manager jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Ai Risk Manager jobs? Cities near Chicago, IL with the most Ai Risk Manager job openings:
Ai Risk Manager jobs near you
Infographic showing various Ai Risk Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $114,919 per year, or $55.2 per hour.

Sr. Consultant, Operational Risk-2

CIBC

Chicago, IL • On-site

$150K - $175K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago

Job description

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 strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC, please visit CIBC.com
CIBC is building a relationship-oriented bank for a modern world. Our role is to maintain an effective control environment and oversee the sound risk management of our bank, consistent with our Risk Appetite Statement. We help safeguard our reputation and brand while providing proactive advice and oversight of CIBC's compliance with regulatory requirements, including those related to consumer and investor protection, sales practices, securities trading, and anti-money laundering.
Reporting to the Head of Cybersecurity, Fraud & Technology Risk Management, the Sr. Manager, Operational Risk is accountable for conducting an independent review of the Bank's Artificial Intelligence (AI) and Data Risks through the use of various risk management assessment, monitoring tools, and reporting. The position fulfills the role of second line of defense (2nd LOD) covering AI and Data risks.
What You'll Be Doing
  • Establish and provide challenge in the development and maintenance for AI and Data practices across the first line of defense.
  • Provide support in the operational risk activities and assists in the risk and control self-assessments, risk reviews, gap analysis, and control assessments around Data and AI risks.
  • Act as the 2nd LOD Subject Matter Expertise (SMEs) and provide credible challenge to the lines of business and the respective risk partners.
  • Establish and maintain cross-functional working relationship which includes parent-bank risk management colleagues, risk owners from first line of defense, functional groups of LOBs, Internal Audit, and regulators.
  • Assist leaders of the organization to understand key value drivers and challenges within their business units in relation to AI and Data risks, and enable the determination and monitoring of KPIs/KRIs that can help improve performance as a result.
  • Support the US Operational Risk Management team with AI and Data risk management related topics as the resident AI risk management subject matter expert. #LI-TA

CROSS-FUNCTIONAL RELATIONSHIPS
  • The role works in close collaboration with leaders across the organization when challenging/discussing risks in relation to AI and Data risk.
  • The role also partners with various risk management groups including parent-bank, risk owners, and other governance functions and regulators to deliver on the accountabilities of the role.

COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
  • As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.

AUTHORITIES/DECISION RIGHTS
  • As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.

At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 3 days per week on-site, while other days will be remote.
Who You Are
  • Bachelor's degree in business, information systems, risk management, technology or equivalent work experience
  • Minimum 3-5 years' experience with technology, AI, and Data based on industry standard frameworks (example DCAM) and/or regulatory requirements
  • Industry relevant certifications or equivalent preferred
  • Experience with risk reviews, assessments, testing, and/or evaluation of control environment, risk mitigations, and compliance with various industry standards and regulatory requirements
  • Strong communication (verbal and written) skills with ability to present technical information in clear and concise manner to a variety of audiences; including technology SMEs, senior management, and/or regulators
  • Ability to work under pressure and creatively solve problems

California residents - your privacy rights regarding your actual or prospective employment
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $150,000 - $175,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.
What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.
  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions
What you need to know
  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
  • We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location
IL-120 S LaSalle St
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Control Frameworks, Decision Making, Group Problem Solving, Operation Risk Management, Risk Analytics, Risk Assessments, Risk Governance

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