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

Capital One

Senior Auditor - Risk Management

Chicago, IL

$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 ...

Wintrust

Risk Management Officer

Rosemont, IL · On-site

Manage activities related to model governance and assist VP model risk management in creating reports for the senior management, executive management, risk committees, and regulatory exams. * Manage ...

Capital One

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 ...

Wintrust

Risk Management Officer

Rosemont, IL · Hybrid

Manage activities related to model governance and assist VP model risk management in creating reports for the senior management, executive management, risk committees, and regulatory exams. * Manage ...

William Blair

Risk Analyst

Chicago, IL · Hybrid

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 ...

Ulta Beauty, Inc.

Risk Management Analyst

Bolingbrook, IL · Hybrid

$66K - $84K/yr

Additionally, the Risk Management Analyst will assist with insurance procurement and administration, as well as risk management financial budgeting, tracking, and reporting to support effective ...

Ulta Beauty

Risk Management Analyst

Bolingbrook, IL · On-site

$66K - $84K/yr

Additionally, the Risk Management Analyst will assist with insurance procurement and administration, as well as risk management financial budgeting, tracking, and reporting to support effective ...

inlandgroup

Director of Risk Management

Oak Brook, IL · On-site

Administrative Assistant * Claims Specialist Qualifications Education * Bachelor's degree with a concentration in Risk Management, Finance , or equivalent professional experience required Experience ...

ZS

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 ...

William Blair

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 ...

Rothera

Director, Enterprise Risk Management

Chicago, IL · On-site

$175K - $200K/yr

Margin Framework: Assist in development, governance, and validation of margin and risk models used ... Manage auditor relationships, evidence collection, remediation, and ongoing control maturity.

Rothera

Director, Enterprise Risk Management

Chicago, IL · On-site

$175K - $200K/yr

Margin Framework: Assist in development, governance, and validation of margin and risk models used ... Manage auditor relationships, evidence collection, remediation, and ongoing control maturity.

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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 11, 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
Risk Management Specialist

Risk Management Specialist

BCS Financial Corporation

Villa Park, IL • On-site

$70K - $85K/yr

Full-time

Re-posted 24 days ago

Job description

Position Overview

The Risk Management Specialist plays a strategic role in supporting the Enterprise Risk Management (ERM) function by identifying, assessing, monitoring, and mitigating risks across the organization, with a strong emphasis on insurance industry operations and regulatory requirements. This role supports enterprise-wide risk initiatives, third-party risk oversight, fraud prevention compliance, and regulatory reporting while partnering with business leaders to promote a risk-aware culture.

This position reports to the Director of Enterprise Risk Management.


Essential Elements

Third-Party Risk Management (TPRM)

  • Support execution and continuous improvement of the TPRM program.
  • Conduct pre-contract due diligence and ongoing vendor risk assessments.
  • Facilitate annual vendor reviews and ensure timely remediation of identified issues.
  • Administer and maintain vendor risk management systems/platforms.
  • Prepare monthly and quarterly vendor risk dashboards and reporting.

Vendor Inventory Management

  • Maintain accuracy and completeness of the vendor inventory database.
  • Ensure vendor records remain current and compliant with internal standards.

Special Investigations Unit (SIU) Coordination

  • Coordinate investigations of suspected fraudulent insurance claims.
  • Maintain accurate and detailed investigative documentation.
  • Ensure compliance with state anti-fraud regulations and reporting deadlines.
  • File required reports with state Departments of Insurance.
  • Coordinate annual and new hire fraud awareness training.

Enterprise Risk Management Support

  • Support enterprise risk assessments, risk identification, mitigation planning, and monitoring activities.
  • Maintain enterprise risk registers and supporting documentation.
  • Assist with control assessments and issue tracking.

Risk Reporting & Analytics

  • Develop and maintain dashboards, KRIs, and management reporting.
  • Analyze trends and emerging risks for leadership review.

Compliance & Regulatory Support

  • Assist with ORSA documentation and NAIC-related reporting.
  • Review SOC 1 reports and track Complementary User Entity Controls (CUECs).
  • Support internal and external audit requests as needed.

Continuous Improvement / Projects

  • Participate in cross-functional strategic initiatives.
  • Identify automation and process improvement opportunities across risk programs.


Requirements

Education

  • Bachelor’s degree in Risk Management, Finance, Accounting, Business, or related field required. Equivalent experience considered.

Experience

  • 0-2 years of experience in enterprise risk management, internal audit, compliance, insurance operations, or related field preferred.
  • Experience with third-party risk management, vendor governance, or GRC systems strongly preferred.
  • Experience with insurance regulatory environments highly desirable.

Skills

  • Microsoft Excel, PowerPoint, Word (advanced proficiency preferred)
  • Experience with GRC platforms, vendor management tools, or data visualization tools (Power BI preferred)
  • Strong analytical and critical thinking skills
  • Excellent written and verbal communication
  • High attention to detail and organization
  • Ability to manage multiple priorities independently
  • Strong stakeholder relationship skills


Travel Required

  • Less than 10%