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Assistant Risk Manager Jobs in Naperville, IL (NOW HIRING)

CFS

Manager - Investment Risk Management

Chicago, IL · Hybrid

Investments & Risk Manager Are you passionate about global investments and portfolio management ... on track. * Assist in preparing reports and presentations for stakeholders and investment ...

Early Warning Services

IT Risk Manager

Chicago, IL · Hybrid

Essential Functions * Assist Sr. Risk Managers and LOD1 Director if meeting departmental goals and objectives. * Build and manage the business line's centralized LOD1 function; act as business-line ...

Old National Bank

Third Party Risk Lead

Chicago, IL · On-site

$165K/yr

Third Party Risk Lead Job Locations US-MN-Lake Elmo | US-IL-Chicago | US-IN-Evansville Category ... record. * Assist with preparation of management reporting, metrics, and dashboards related to ...

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All JobsRisk JobsAssistant Risk Manager JobsAssistant Risk Manager Jobs in Naperville, IL

Assistant Risk Manager information

See Naperville, IL salary details

$24.3K

$69.4K

$147.2K

How much do assistant risk manager jobs pay per year?

As of Jul 9, 2026, the average yearly pay for assistant risk manager in Naperville, IL is $69,437.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,312.00 and $87,424.00 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.

How much does a risk manager get paid?

A risk manager's average salary varies by experience and industry but typically ranges from $70,000 to $130,000 annually. Senior risk managers or those with specialized certifications can earn higher salaries, especially in large organizations or financial sectors.

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

For an Assistant Risk Manager, annual salaries of $300,000 or more are uncommon and typically occur at senior levels or in specialized industries such as finance, insurance, or large corporations. High-paying risk management roles often require extensive experience, advanced certifications like CRM or FRM, and leadership responsibilities. Most entry- to mid-level risk management positions have lower salary ranges, with higher compensation linked to seniority and scope of responsibility.

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 a risk management assistant job description?

A risk management assistant supports the risk management team by collecting data, analyzing potential risks, and helping develop strategies to mitigate those risks. The role often involves using risk assessment tools, maintaining documentation, and ensuring compliance with safety and regulatory standards. Strong organizational skills and knowledge of industry regulations are typically required.

What qualifications do I need to be a risk manager?

To become an assistant risk manager, candidates typically need a bachelor's degree in risk management, finance, business, or a related field. Relevant skills include strong analytical abilities, knowledge of risk assessment tools, and certifications such as the Associate in Risk Management (ARM) or Certified Risk Manager (CRM) can enhance prospects. Experience in finance, insurance, or compliance is also valuable.
What are the most commonly searched types of Risk Manager jobs in Naperville, IL? The most popular types of Risk Manager jobs in Naperville, IL are:
What job categories do people searching Assistant Risk Manager jobs in Naperville, IL look for? The top searched job categories for Assistant Risk Manager jobs in Naperville, IL are:
Assistant Risk Manager jobs near you
Manager - Investment Risk Management

Manager - Investment Risk Management

CFS

Chicago, IL • Hybrid

Full-time

Posted 26 days ago

Job description

Investments & Risk Manager

Are you passionate about global investments and portfolio management? Join us as an Investments & Risk Manager and take on a key role in managing a diverse portfolio. You’ll dive into real assets, sustainability projects, and infrastructure investments while gaining hands-on experience in financial analysis, market research, and strategic decision-making.

Why Apply Here as a Investment & Risk Manager
  • Variety: Work on an exciting range of projects across real estate, natural resources, and sustainable investments.
  • Growth: Sharpen your analytical skills and grow your expertise in the investment world.
  • Teamwork: Collaborate with experienced professionals and learn from industry leaders.
  • Benefits: Enjoy a competitive salary, bonuses, and an excellent benefits package to support your career and well-being.
What You’ll Do as an Investments & Risk Manager
  • Manage the tracking and performance of investments in real assets and sustainable ventures.
  • Help conduct research and build financial models for investment opportunities.
  • Collaborate with senior team members to assess new opportunities and refine strategies.
  • Support due diligence efforts, including reviewing potential investments and helping with negotiations.
  • Work alongside the Legal and Finance teams to monitor cash flows and ensure investments are on track.
  • Assist in preparing reports and presentations for stakeholders and investment committees.
What We’re Looking For in a Investment & Risk Manager
  • A degree in accounting, economics, finance, or a related field.
  • 8 years of experience in investment analysis or investment banking.
  • Strong skills in Excel, financial modeling, and Microsoft Office.
  • A detail-oriented mindset with excellent organizational and communication skills.
  • A proactive, collaborative approach to problem-solving and teamwork.

This is a hybrid position located in Chicago, IL, offering a starting salary of $175,000 plus an incentive bonus.

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