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Assistant Risk Manager Jobs in Illinois (NOW HIRING)

Senior Auditor - Risk Management

Chicago, IL · On-site

$83K - $102K/yr

Audit major components of business units. * Assist in developing engagement planning documentation ... Manager (CRM), Financial Risk Manager (FRM), or Credit Risk Certification (CRC) * 2+ year of ...

Recommend solutions to address potential risk changes and future trends. Assist in educating employees on risk awareness and the firm's enterprise risk management framework. Responsibilities include ...

Governance & Risk Analyst

Chicago, IL · On-site

$85K - $95K/yr

... * Assist in developing and updating SOPs, templates, and guidance documents related to vendor risk management Audit & Compliance Support * Support internal and external audits by providing VRA ...

Risk Analyst

Chicago, IL · On-site

$77K - $95K/yr

Recommend solutions to address potential risk changes and future trends. Assist in educating employees on risk awareness and the firm's enterprise risk management framework. Responsibilities include ...

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Assistant Risk Manager information

See Illinois salary details

$21.9K

$62.7K

$132.9K

How much do assistant risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for assistant risk manager in Illinois is $62,725.00, according to ZipRecruiter salary data. Most workers in this role earn between $36,415.00 and $78,973.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Assistant Risk Manager, and why are they important?

To thrive as an Assistant Risk Manager, you need strong analytical skills, attention to detail, and a degree in finance, business, or a related field. Familiarity with risk management software, data analysis tools like Excel, and relevant certifications such as ARM (Associate in Risk Management) are typically required. Excellent communication, problem-solving abilities, and teamwork help you effectively assess risks and collaborate with stakeholders. These skills ensure accurate risk identification, mitigation, and the safeguarding of organizational assets.

What jobs in the US pay 300,000 a year?

In the US, high-paying roles such as senior risk managers, investment bankers, corporate executives, and specialized physicians can earn $300,000 or more annually. These positions often require advanced degrees, extensive experience, and strong skills in finance, management, or healthcare. Compensation varies based on industry, location, and individual performance.

What does an Assistant Risk Manager do?

An Assistant Risk Manager helps organizations identify, assess, and minimize potential risks that could affect their operations or financial stability. Their responsibilities typically include conducting risk assessments, analyzing data, assisting in the development of risk management policies, and helping to implement risk mitigation strategies. They work closely with other departments to ensure compliance with regulations and to support the overall risk management framework. This role often involves preparing reports, supporting insurance processes, and staying up to date on industry best practices to protect the organization from potential loss.

How does an Assistant Risk Manager typically collaborate with other departments to identify and mitigate risks?

An Assistant Risk Manager frequently works cross-functionally, partnering with departments such as finance, operations, and compliance to identify potential risks and develop mitigation strategies. This role often involves gathering information from various teams, facilitating risk assessments, and ensuring that all departments understand and adhere to risk management policies. Collaboration may include regular meetings, joint projects, and providing training or support to help other teams recognize and address emerging risks. Strong communication and interpersonal skills are essential for building effective relationships and fostering a culture of risk awareness throughout the organization.

What is an assistant Risk Manager?

An assistant risk manager supports the risk management team by helping identify, assess, and mitigate potential risks within an organization. They often assist with data analysis, report preparation, and implementing risk control measures, requiring knowledge of risk management principles and relevant tools. This role typically involves collaboration with other departments and may require certifications such as CRM or FRM.

What jobs pay 500,000 a year in the US?

High-paying roles such as senior executives, investment bankers, specialized surgeons, and certain law firm partners can earn $500,000 or more annually. These positions often require advanced degrees, extensive experience, and strong industry networks, with compensation frequently including bonuses, profit sharing, or equity. In the context of risk management, senior risk executives or chief risk officers at large financial institutions may also reach this level of compensation.

Do risk managers make good money?

Risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $70,000 to over $120,000, with higher earnings possible for those with advanced certifications like the CRM or FRM. The role often requires strong analytical skills and knowledge of risk assessment tools.
What are the most commonly searched types of Risk Manager jobs in Illinois? The most popular types of Risk Manager jobs in Illinois are:
What are popular job titles related to Assistant Risk Manager jobs in Illinois? For Assistant Risk Manager jobs in Illinois, the most frequently searched job titles are:
What cities in Illinois are hiring for Assistant Risk Manager jobs? Cities in Illinois with the most Assistant Risk Manager job openings:
Infographic showing various Assistant Risk Manager job openings in Illinois as of June 2026, with employment types broken down into 1% As Needed, 84% Full Time, 14% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $62,725 per year, or $30.2 per hour.
QRM - Contractual Deal Strategy, Contracting and Risk Management - Manager - C_MAT

QRM - Contractual Deal Strategy, Contracting and Risk Management - Manager - C_MAT

Deloitte

Chicago, IL • On-site

$91K - $122K/yr

Other

Posted 13 days ago


Deloitte rating

8.1

Company rating: 8.1 out of 10

Based on 86 frontline employees who took The Breakroom Quiz

58th of 138 rated financial services


Job description

National Office Team

The National Office, a key Strategic Enabler in our new model, is comprised of professionals with various areas of focus that collectively provide mission critical services to support Deloitte's overall success. Whether focused on project financials, quality and risk management, methods and tools, sales excellence, talent, leadership support, or other activities, these professionals ensure that our Firm operates efficiently and that our people are able to effectively serve clients every day. 

Recruiting for this role ends on 07/08/2026.

The Team: The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation.

Work you'll do

Deloitte Consulting LLP's Quality and Risk Management group is seeking a Risk Manager to join the Financial Services and Energy, Resources, & Industrials Industry Risk Management teams, splitting time across those two industries. Successful candidates will have extensive experience in identifying and mitigating business and contract risks associated with the provision of professional consulting services heavily centered on technology services; successful candidates will also have basic fluency in Managed Services. The Risk Manager role involves providing quality and risk management support throughout the opportunity and engagement lifecycle, including risk consultations to opportunity pursuit teams, reviewing and revising as applicable draft contracts (Statements of Work, Engagement Letters, Change Orders, Subcontractor Agreements, and related services contracts) for professional services, assisting in and at times leading negotiations with clients and other third parties, monitoring and mitigating risk during engagement execution, and serving as a trusted risk advisor to senior client service executives while protecting the Firm. Job functions include:

  • Deal Support, Contracting, and Negotiations
    • Assist with deal desk and contract review activities. Support our sales team with deal and contract structuring, RFI/RFP/Proposals, contract review, drafting custom provisions, and negotiations.
    • Intersect with various functions - including sales, legal, finance, and delivery - to act as a strategic advisor to help manage deal flow and to optimize sales and contracting cycles.
    • Work closely with deal teams and legal in reviewing, advancing, and negotiating agreements such as master agreements, confidentiality agreements, and teaming agreements. Own risk consultation and contracting review of scope of work / SOW documents and related schedules.
    • Drive the appropriate level of contractual sufficiency into the agreements such that intent of the parties on all contractual dimensions is clear.
  • Ongoing and Post-Execution Risk Management and Contracting Support
    • Assist with ongoing contracting, risk management, and mitigation support for ongoing contracting requirements - SOWs, Change Orders, amendments, and renewals.
    • Work actively with account leadership and quality team to identify and help mitigate post-signature delivery and engagement risks.
    • Facilitate continued compliance with contractually required policies and processes and with the Firm's internal policies.
  • Knowledge Management and Training Support
    • Maintain knowledge of core professional services (e.g., IT, Managed Services, Outsourcing) and product offerings to continue supporting contracting and risk matters in a fast-paced, constantly changing environment.
    • Proactively pursue, assess, and, where appropriate, advance firm's initiatives, including in the areas of software, cloud, data analytics, operate services, Generative AI, and privacy & security.
    • Support strategic initiatives pertaining to development / updating of processes, tools, and templates to improve overall risk management and contracting practices and to help drive adoption of such processes, tools, and templates.

A successful candidate will possess these skills:

  • Strong understanding of professional services contracting lifecycle, with an emphasis on technology services
  • Proven track record influencing a diverse set of stakeholders and driving common outcomes, with a strong understanding of commercial contracting processes, including terms and conditions
  • Outstanding verbal / written communication, collaboration, and negotiation skills to lead an environment driven by customer service and teamwork
  • Excellent leadership skills, including ability to prioritize critical needs, act decisively, and handle a high volume of complex tasks within a given timeframe
  • Experience in reviewing and advancing scope of work documents, with a focus on incorporating actionable and measurable guidance to address specific risks around delivery execution
  • Proven willingness to listen and learn, and a consistent record of making and explaining appropriate decisions (even when this leads to tough business discussions)
  • Financial Services and/or Energy, Resources, & Industrials industry experience, with an understanding of the unique risks affecting those industries
  • Experience handling risk issues pertaining to some combination of outsourcing, cloud software, software licensing, and alliance agreements

Qualifications

Required:

  • Experience Requirements: Minimum 5-8 years of direct contract negotiation for technology services or experience in the Consulting/Professional Services space
  • Education: BBA/BA/BS in related field
  • Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Preferred:

  • Technology delivery and implementation services experience
  • Education: Masters' Degree

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $122,000.00 to $240,500.00.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.


Qualifications:

National Office Team

The National Office, a key Strategic Enabler in our new model, is comprised of professionals with various areas of focus that collectively provide mission critical services to support Deloitte's overall success. Whether focused on project financials, quality and risk management, methods and tools, sales excellence, talent, leadership support, or other activities, these professionals ensure that our Firm operates efficiently and that our people are able to effectively serve clients every day. 

Recruiting for this role ends on 07/08/2026.

The Team: The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation.

Work you'll do

Deloitte Consulting LLP's Quality and Risk Management group is seeking a Risk Manager to join the Financial Services and Energy, Resources, & Industrials Industry Risk Management teams, splitting time across those two industries. Successful candidates will have extensive experience in identifying and mitigating business and contract risks associated with the provision of professional consulting services heavily centered on technology services; successful candidates will also have basic fluency in Managed Services. The Risk Manager role involves providing quality and risk management support throughout the opportunity and engagement lifecycle, including risk consultations to opportunity pursuit teams, reviewing and revising as applicable draft contracts (Statements of Work, Engagement Letters, Change Orders, Subcontractor Agreements, and related services contracts) for professional services, assisting in and at times leading negotiations with clients and other third parties, monitoring and mitigating risk during engagement execution, and serving as a trusted risk advisor to senior client service executives while protecting the Firm. Job functions include:

  • Deal Support, Contracting, and Negotiations
    • Assist with deal desk and contract review activities. Support our sales team with deal and contract structuring, RFI/RFP/Proposals, contract review, drafting custom provisions, and negotiations.
    • Intersect with various functions - including sales, legal, finance, and delivery - to act as a strategic advisor to help manage deal flow and to optimize sales and contracting cycles.
    • Work closely with deal teams and legal in reviewing, advancing, and negotiating agreements such as master agreements, confidentiality agreements, and teaming agreements. Own risk consultation and contracting review of scope of work / SOW documents and related schedules.
    • Drive the appropriate level of contractual sufficiency into the agreements such that intent of the parties on all contractual dimensions is clear.
  • Ongoing and Post-Execution Risk Management and Contracting Support
    • Assist with ongoing contracting, risk management, and mitigation support for ongoing contracting requirements - SOWs, Change Orders, amendments, and renewals.
    • Work actively with account leadership and quality team to identify and help mitigate post-signature delivery and engagement risks.
    • Facilitate continued compliance with contractually required policies and processes and with the Firm's internal policies.
  • Knowledge Management and Training Support
    • Maintain knowledge of core professional services (e.g., IT, Managed Services, Outsourcing) and product offerings to continue supporting contracting and risk matters in a fast-paced, constantly changing environment.
    • Proactively pursue, assess, and, where appropriate, advance firm's initiatives, including in the areas of software, cloud, data analytics, operate services, Generative AI, and privacy & security.
    • Support strategic initiatives pertaining to development / updating of processes, tools, and templates to improve overall risk management and contracting practices and to help drive adoption of such processes, tools, and templates.

A successful candidate will possess these skills:

  • Strong understanding of professional services contracting lifecycle, with an emphasis on technology services
  • Proven track record influencing a diverse set of stakeholders and driving common outcomes, with a strong understanding of commercial contracting processes, including terms and conditions
  • Outstanding verbal / written communication, collaboration, and negotiation skills to lead an environment driven by customer service and teamwork
  • Excellent leadership skills, including ability to prioritize critical needs, act decisively, and handle a high volume of complex tasks within a given timeframe
  • Experience in reviewing and advancing scope of work documents, with a focus on incorporating actionable and measurable guidance to address specific risks around delivery execution
  • Proven willingness to listen and learn, and a consistent record of making and explaining appropriate decisions (even when this leads to tough business discussions)
  • Financial Services and/or Energy, Resources, & Industrials industry experience, with an understanding of the unique risks affecting those industries
  • Experience handling risk issues pertaining to some combination of outsourcing, cloud software, software licensing, and alliance agreements

Qualifications

Required:

  • Experience Requirements: Minimum 5-8 years of direct contract negotiation for technology services or experience in the Consulting/Professional Services space
  • Education: BBA/BA/BS in related field
  • Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Preferred:

  • Technology delivery and implementation services experience
  • Education: Masters' Degree

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range i...


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