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Associate Risk Management Jobs in Chicago, IL (NOW HIRING)

Capital One

Principal Risk Associate

Riverwoods, IL · On-site

Principal Risk Associates at Capital One are highly motivated Risk Management professionals with excellent organizational and communication skills. They have a high level of exposure across lines of ...

RSM

Senior Associate, Risk Consulting (Insurance)

Chicago, IL · On-site

$15.50 - $18.50/hr

Key Responsibilities As a Senior Associate in the Financial Services Risk Consulting (Insurance ... Manage projects to successful completion through clear communication, expectation setting with ...

Aon Corporation

Risk Manager

Chicago, IL · On-site

$100K - $150K/yr

Professional certifications such as Associate in Risk Management (ARM) or Certified Risk Manager (CRM) or similar. * Demonstrable experience using and leveraging AI tools to enhance business ...

Aon Corporation

Risk Manager

Chicago, IL · Hybrid

$100K - $150K/yr

Professional certifications such as Associate in Risk Management (ARM) or Certified Risk Manager (CRM) or similar. * Demonstrable experience using and leveraging AI tools to enhance business ...

Capital One

Senior Auditor - Risk Management

Riverwoods, IL · On-site

$84K - $103K/yr

Senior Auditor - Risk Management Capital One's Audit function is a dedicated group of professionals ... This role is hybrid meaning associates typically spend 3 days per week in-person at one of our ...

Capital One

Senior Auditor - Risk Management

Chicago, IL · On-site

$83K - $102K/yr

Senior Auditor - Risk Management Capital One's Audit function is a dedicated group of professionals ... This role is hybrid meaning associates typically spend 3 days per week in-person at one of our ...

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All JobsAssociate Risk Management JobsAssociate Risk Management Jobs in Chicago, IL

Associate Risk Management information

See Chicago, IL salary details

$51.5K

$112.7K

$188.7K

How much do associate risk management jobs pay per year?

As of Jun 20, 2026, the average yearly pay for associate risk management in Chicago, IL is $112,698.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,300.00 and $146,400.00 per year, depending on experience, location, and employer.

Is risk management high paying?

Risk management professionals, including those in associate roles, often earn competitive salaries that vary by industry, location, and experience. Entry-level positions typically have lower pay, but with experience and certifications like FRM or CRM, salaries can increase significantly, making risk management a potentially lucrative career path.

What are the key skills and qualifications needed to thrive in the Associate Risk Management position, and why are they important?

To thrive as an Associate Risk Management professional, you typically need a bachelor's degree in business, finance, or a related field, strong analytical abilities, and attention to detail. Familiarity with risk assessment software, data analysis tools like Excel, and industry certifications such as FRM (Financial Risk Manager) are common technical requirements. Excellent communication, problem-solving, and teamwork skills help you effectively collaborate and present risk findings. These skills ensure accurate risk evaluation, effective mitigation strategies, and support sound decision-making within the organization.

What is an associate in risk management?

An associate in risk management is an entry-level or junior professional responsible for assisting in identifying, assessing, and mitigating risks within an organization. They often support risk analysis, data collection, and reporting, and may work under the supervision of senior risk managers. Relevant skills include knowledge of risk assessment tools and certifications like the Associate in Risk Management (ARM) designation.

What is the salary of risk management associate in EY?

The salary for a Risk Management Associate at EY typically ranges from $60,000 to $80,000 annually, depending on experience, location, and education. Entry-level positions may start lower, while experienced professionals or those in high-cost areas can earn higher compensation. Benefits often include professional development opportunities and exposure to risk assessment tools.

What is a risk management associate job description?

A risk management associate analyzes and identifies potential risks that could affect an organization’s assets, operations, or reputation. They develop strategies to mitigate or manage these risks, often using data analysis, risk assessment tools, and industry standards. The role typically requires strong analytical skills, attention to detail, and knowledge of risk management frameworks or certifications.

What does an Associate Risk Management professional do?

An Associate Risk Management professional helps identify, assess, and mitigate potential risks that could impact an organization's financial, operational, or strategic objectives. They analyze data, monitor risk exposure, and assist in developing risk management strategies. Their role often involves collaborating with different departments to ensure compliance with policies and regulations. Additionally, they may prepare reports and provide recommendations to improve risk management practices.

What are some typical challenges faced by an Associate Risk Management professional, and how do they contribute to the team?

An Associate Risk Management professional often encounters challenges such as analyzing complex data from multiple sources, keeping up with evolving regulations, and effectively communicating potential risks to various stakeholders. You will regularly collaborate with colleagues in legal, compliance, and business units to ensure that risks are identified and addressed proactively. These challenges foster a culture of continuous learning and improvement, allowing you to play a key role in minimizing potential losses and enhancing the organization's overall stability. Overcoming these obstacles helps you develop critical thinking and adaptability, which are highly valued for future career growth in the field.

What are the most commonly searched types of Risk Management jobs in Chicago, IL? The most popular types of Risk Management jobs in Chicago, IL are:
What are popular job titles related to Associate Risk Management jobs in Chicago, IL? For Associate Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Associate Risk Management jobs in Chicago, IL look for? The top searched job categories for Associate Risk Management jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Associate Risk Management jobs? Cities near Chicago, IL with the most Associate Risk Management job openings:
Associate Risk Management jobs near you
Infographic showing various Associate Risk Management job openings in Chicago, IL as of June 2026, with employment types broken down into 93% Full Time, and 7% Part Time. Highlights an 73% In-person, 20% Hybrid, and 7% Remote job distribution, with an average salary of $112,698 per year, or $54.2 per hour.
Risk Management - Credit Officer - Senior Associate

Risk Management - Credit Officer - Senior Associate

JPMorgan Chase & Co

Chicago, IL • On-site

Full-time

Medical, Retirement

Posted 24 days ago

JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 470 frontline employees who took The Breakroom Quiz

46th of 141 rated banks

Job description

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgment to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Credit Officer Senior Associate within the Credit Risk team, you will evaluate and identify risks and interpret data to support management in making well-informed credit decisions on multifamily commercial real estate loan requests. You will operate in a dynamic, high-volume, and fast-paced environment, analyzing loans ranging from $1 million to $25 million+. You will be part of a highly collaborative team that prioritizes learning, professional development, inclusivity, and mentorship.

Job Responsibilities

  • Oversee all aspects of credit analysis on loans secured by multifamily and other types of commercial real estate
  • Evaluate and manage risks in each transaction
  • Build and maintain strong relationships with internal business stakeholders including sales, processing, closing, and legal
  • Apply relevant policies, standards, procedures, and regulatory requirements to all credit analysis activities
  • Apply data analysis techniques to interpret results and provide insights and recommendations to management
  • Serve as a technical expert in addressing inquiries and resolving system-related issues specific to credit risk analysis and management tools
  • Monitor industry trends and best practices in credit risk management to enhance decision-making and maintain a competitive edge 
     

Requiredqualifications,capabilities,andskills

  • Bachelor's degree in a business or finance concentration
  • 3 years of experience in commercial real estate lending or 5 years of other banking or finance experience
  • Thorough understanding of multifamily real estate property valuations and cash flow analysis
  • Strong financial analysis skills, including evaluating property cash flows, property valuation, and personal financial statements
  • Ability to manage competing priorities effectively in a collaborative, high volume environment while maintaining  attention to detail
  • Excellent verbal and written communication and problem-solving skills
  • Ability to prioritize, plan, and manage processes to complete credit analysis and other assignments as needed
  • Familiarity with regional commercial real estate markets and municipal regulations
  • Proficiency in Microsoft Word, Excel, and PowerPoint, with the ability to quickly adapt to proprietary systems

Preferred qualifications, capabilities, and skills

  • Advanced degree in a related field or real estate coursework
  • Experience as a loan underwriter in commercial real estate and agency lending (e.g. Fannie Mae or Freddie Mac)
  • Experience with proprietary credit risk management tools.
  • Experience with large language model tools
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

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