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Associate Risk Manager Jobs in Lisle, IL (NOW HIRING)

Avant is looking for a Portfolio Risk Associate to join our Risk & Analytics team. We are seeking a ... Partner with Originations Risk and Account Management teams to evaluate portfolio performance and ...

The Operational Risk Manager role is responsible for supporting the delivery and management of Mars ... Support global stakeholder groups and working with Associates across all Mars locations; managing ...

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 ...

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

Clinical Risk Manager

Schaumburg, IL · Hybrid

$84K - $140K/yr

A background in a Clinical Risk Management position is encouraged but will consider qualified ... Minimum of Associate or Bachelor's degree in nursing with at least 1 year of Stop Loss Nursing ...

Risk Management Manager

Chicago, IL · On-site

$70K - $102K/yr

Qualifications EDUCATION, EXPERIENCE, TRAINING 1. Bachelor of Science in Nursing or healthcare related field preferred. 2. Fellow or Diplomat of American Society of Healthcare Risk Managers Associate ...

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Associate Risk Manager information

See Lisle, IL salary details

$12

$25

$49

How much do associate risk manager jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for associate risk manager in Lisle, IL is $25.06, according to ZipRecruiter salary data. Most workers in this role earn between $17.07 and $29.38 per hour, depending on experience, location, and employer.

What does an associate risk manager do?

An Associate Risk Manager is responsible for helping organizations identify, assess, and minimize risks that could impact their operations, finances, or reputation. They work closely with senior risk managers to develop risk management strategies, conduct risk assessments, and implement control measures. Their duties may also include analyzing data, preparing reports, and ensuring compliance with regulatory requirements. This role is often entry-level or early-career, providing foundational experience in risk management practices. Associate Risk Managers play a key role in supporting the overall risk management framework within an organization.

What are the key skills and qualifications needed to thrive as an associate risk manager?

To thrive as an Associate Risk Manager, you need strong analytical abilities, knowledge of risk assessment methodologies, and a bachelor's degree in finance, business, or a related field. Familiarity with risk management software, Microsoft Excel, and relevant certifications such as CRM or FRM are commonly expected. Excellent communication, problem-solving skills, and attention to detail help you collaborate effectively and identify potential risks. These competencies are crucial for identifying, evaluating, and mitigating organizational risks to support informed decision-making and safeguard company assets.

What are some common challenges an associate risk manager faces when collaborating across departments?

Associate Risk Managers often work closely with various departments such as finance, operations, and compliance to identify and mitigate risks. A common challenge is ensuring clear communication and alignment, as different teams may have varying priorities and levels of risk awareness. Successfully navigating these dynamics requires strong interpersonal skills and the ability to translate complex risk concepts into actionable recommendations for non-specialists. Building trust and maintaining open lines of communication are key to fostering effective cross-departmental collaboration.

What is the difference between Associate Risk Manager vs Risk Analyst?

AspectAssociate Risk ManagerRisk Analyst
CredentialsBachelor's degree, certifications like CRM or FRM often preferredBachelor's degree, certifications like CRM or FRM beneficial
Work EnvironmentCollaborates with risk management teams, involved in strategy developmentAnalyzes data, assesses risks, supports risk management decisions
Employer & Industry UsageInsurance, banking, corporate risk departmentsFinancial services, insurance, consulting firms

The Associate Risk Manager and Risk Analyst roles share similar credentials and industry usage, but the Associate Risk Manager typically has more involvement in strategic planning and risk mitigation efforts, whereas the Risk Analyst focuses more on data analysis and risk assessment support.

Do associate risk managers make good money?

Associate risk managers typically earn a salary that varies by industry and location, with median annual wages around $70,000 to $90,000. Entry-level positions may start lower, while experienced professionals with certifications like CRM or FRM can earn higher salaries and bonuses. Compensation also depends on the size of the organization and the complexity of the risk management responsibilities.

Is risk manager a stressful job?

A risk manager role involves identifying and assessing potential risks to an organization, which can be stressful due to the responsibility of preventing financial or operational losses. The level of stress depends on the industry, company size, and workload, but strong analytical skills and risk management tools are essential for success.

What is an associate risk manager?

An associate risk manager is an entry-level or junior professional responsible for assisting in identifying, assessing, and mitigating risks within an organization. They often support senior risk managers by analyzing data, preparing reports, and implementing risk management strategies, typically requiring knowledge of industry standards and risk assessment tools.

What cities near Lisle, IL are hiring for Associate Risk Manager jobs?

Cities near Lisle, IL with the most Associate Risk Manager job openings:

Portfolio Risk Associate, Risk & Analytics

Chicago, IL • On-site

$77K - $115K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 7 days ago


Job description

Avant is looking for a Portfolio Risk Associate to join our Risk & Analytics team. We are seeking a motivated and analytically driven candidate who is passionate about problem-solving, customer behavior analysis, and portfolio performance monitoring. This person will play an important role in supporting portfolio risk monitoring and insight generation across the credit lifecycle while partnering closely with teams across Originations Risk and Account Management Risk.

This role is ideal for someone who enjoys combining analytics, business understanding, and strategic thinking to help drive data-informed decisions in a fast-paced fintech environment.


What you'll do at Avant:

  • Analyze portfolio trends, customer behavior, and credit performance across originations and existing accounts

  • Support portfolio monitoring through recurring analyses, reporting, and strategic insight generation

  • Identify emerging risks, behavioral trends, and performance shifts within the portfolio

  • Conduct deep dive analyses on delinquency trends, utilization behavior, payment patterns, profitability metrics, and customer segments

  • Partner with Originations Risk and Account Management teams to evaluate portfolio performance and strategy impacts

  • Mine and analyze large datasets using SQL and Python to support business decisions and risk monitoring initiatives

  • Build and maintain dashboards, analytical datasets, and reporting frameworks

  • Translate analytical findings into clear business insights and recommendations for leadership

  • Perform ad hoc analyses related to portfolio strategy, growth initiatives, and macroeconomic trends

  • Collaborate cross-functionally with Risk, Finance, Data Engineering, Product, and other internal teams

Why you're at fit at Avant:

  • Bachelor's or Master's degree in Finance, Economics, Statistics, Mathematics, Data Analytics, Computer Science, Engineering, or a related quantitative field

  • 1-3 years of experience in analytics, strategy, risk, financial services, or a related quantitative field preferred

  • Strong analytical, problem-solving, and critical thinking skills

  • Experience with SQL and Python preferred

  • Ability to communicate analytical findings clearly to both technical and non-technical audiences

  • Comfortable working with large datasets and ambiguous business problems

  • Interest in consumer lending, credit risk, portfolio analytics, customer behavior analytics, or fintech preferred

This role is based on our downtown Chicago Office, located in the Merchandise Mart. We highly value collaboration and our hybrid schedule (M, T, Th in-office) enables flexibility to balance work and individual priorities.

Compensation Range:

The base salary range for this job is USD $77,000 - USD $115,000/ Year

Employees new to Avant typically come in below the midpoint of the pay range. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities.

[If an outstanding applicant's experience and skill level is above or below the qualifications outlined in the job posting, we reserve the right to make an offer at a different level than the one listed in this job posting, which may have a different compensation range.]

This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role.

Our benefits include:

  • Choice of great Medical, Dental, and Vision Insurance Plan options

  • 401(k) match

  • Flexible Time Off

  • Flexible Work Environment - (i.e. Mon/Tues/Thurs in-person)

  • Generous Paid Parental Leave, Adoption Assistance and Post-parental leave ramp-up program

  • Lunch Allowance (Fooda) and In-office Snacks

  • Summer Fridays

  • Fun In-Office and Virtual Social Events

  • And who doesn't love the swag

Check out our Avant Blog!

We believe that a diverse set of backgrounds and experiences helps us create the most innovative solutions for our customers. We invite you to apply to our positions even if you do not meet 100% of the qualifications listed in the description. If you're passionate about our mission and aligned to our values, we hope you'll come contribute to our awesome culture.

Why Avant is the place for you:

At Avant, we believe our values make a difference:

Authenticity. We show up to work as our whole selves and make sure others can too.

Collaboration. We can only succeed when we do so as a team.

Problem-Solving. The harder the problem, the more satisfying the solution.

Customer. We are all owners of the customer experience.

Initiative. Plan. Adapt. Get Sh!t Done.

We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking. Avant offers terrific perks and benefits, fun social events with employees who actually like hanging out together, and a flexible growth environment where trying your hand at new projects and being the active owner of your career path is encouraged and supported.

To learn more about how Avant collects and uses your personal information, please see the Avant Privacy Policy.