Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership. * Develops and implements job aids and tools to facilitate ...
Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership. * Develops and implements job aids and tools to facilitate ...
Manage internal business development initiatives and sales opportunities, including the creation of ... Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ...
Manage internal business development initiatives and sales opportunities, including the creation of ... Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ...
Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership. * Develops and implements job aids and tools to facilitate ...
Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership. * Develops and implements job aids and tools to facilitate ...
IT Risk Manager
Chicago, IL · Hybrid
Build and manage the business line's centralized LOD1 function; act as business-line liaison to Enterprise Risk Management, Operational Risk Management, and Compliance in support of the company ...
IT Risk Manager
Chicago, IL · Hybrid
Build and manage the business line's centralized LOD1 function; act as business-line liaison to Enterprise Risk Management, Operational Risk Management, and Compliance in support of the company ...
Our Risk Business Partner team enables and empowers ZNA business units and functional areas to ... Acting as a key conduit for risk insights, sharing observations with the Enterprise Risk Management ...
Our Risk Business Partner team enables and empowers ZNA business units and functional areas to ... Acting as a key conduit for risk insights, sharing observations with the Enterprise Risk Management ...
Zurich North America is seeking an AVP - Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management ...
Zurich North America is seeking an AVP - Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management ...
Manager, Risk Advisor Do you want to be part of an organization that's dedicated to helping Capital ... As the Business Continuity Lead for Risk Tech, you will facilitate tabletop exercises to support ...
Manager, Risk Advisor Do you want to be part of an organization that's dedicated to helping Capital ... As the Business Continuity Lead for Risk Tech, you will facilitate tabletop exercises to support ...
Zurich North America is seeking an AVP - Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management ...
Zurich North America is seeking an AVP - Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management ...
AVP Risk Manager, Reporting
Schaumburg, IL · On-site
$110K - $180K/yr
Zurich North America is seeking an AVP - Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management ...
AVP Risk Manager, Reporting
Schaumburg, IL · On-site
$110K - $180K/yr
Zurich North America is seeking an AVP - Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management ...
Marketing Bus Risk & Cmpl Spec
Chicago, IL · On-site
$60K - $121K/yr
The Marketing Business Risk and Compliance Specialist is a first line of defense risk management role embedded within the Marketing function. This role owns and executes firstline business risk ...
Marketing Bus Risk & Cmpl Spec
Chicago, IL · On-site
$60K - $121K/yr
The Marketing Business Risk and Compliance Specialist is a first line of defense risk management role embedded within the Marketing function. This role owns and executes firstline business risk ...
Collaborate effectively across multiple organizations such as Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Operational Risk Sub-Steward organizations ...
Collaborate effectively across multiple organizations such as Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Operational Risk Sub-Steward organizations ...
Marketing Bus Risk & Cmpl Spec
Chicago, IL · On-site
$60K - $121K/yr
This role owns and executes first-line business risk management activities aligned with the Bank's operational and compliance risk-management frameworks, while also performing initial regulatory ...
Marketing Bus Risk & Cmpl Spec
Chicago, IL · On-site
$60K - $121K/yr
This role owns and executes first-line business risk management activities aligned with the Bank's operational and compliance risk-management frameworks, while also performing initial regulatory ...
Collaborate effectively across multiple organizations such as Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Operational Risk Sub-Steward organizations ...
Collaborate effectively across multiple organizations such as Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Operational Risk Sub-Steward organizations ...
Supporting business development initiatives, client relationship management, and practice growth ... Certified Vendor Risk Management Professional (CVRMP) * Shared Assessments or other vendor risk ...
Supporting business development initiatives, client relationship management, and practice growth ... Certified Vendor Risk Management Professional (CVRMP) * Shared Assessments or other vendor risk ...
As a Risk Manager, you and your team will also provide guidance to first line business areas and third party management on whether they are meeting Capital One's program requirements. As part of the ...
As a Risk Manager, you and your team will also provide guidance to first line business areas and third party management on whether they are meeting Capital One's program requirements. As part of the ...
Senior Auditor - Risk Management
$84K - $103K/yr
... of Business Administration * Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Risk Manager (CRM), Financial Risk Manager (FRM), or ...
Senior Auditor - Risk Management
$84K - $103K/yr
... of Business Administration * Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Risk Manager (CRM), Financial Risk Manager (FRM), or ...
Build strong relationships with business and technology partners to become a trusted data risk advisor, providing insight into data management risks, guidance on technical control needs to manage ...
Build strong relationships with business and technology partners to become a trusted data risk advisor, providing insight into data management risks, guidance on technical control needs to manage ...
Senior Auditor - Risk Management
$83K - $102K/yr
... of Business Administration * Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Risk Manager (CRM), Financial Risk Manager (FRM), or ...
Senior Auditor - Risk Management
$83K - $102K/yr
... of Business Administration * Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Risk Manager (CRM), Financial Risk Manager (FRM), or ...
Build strong relationships with business and technology partners to become a trusted data risk advisor, providing insight into data management risks, guidance on technical control needs to manage ...
Build strong relationships with business and technology partners to become a trusted data risk advisor, providing insight into data management risks, guidance on technical control needs to manage ...
Payment Risk Oversight - Manager
Chicago, IL · Hybrid
$102K - $190K/yr
The Manager, Operational Risk - Payments is a second line of defense role responsible for providing ... Maintain Payment Risk Directive, and advise the business on adherence to internal policies ...
Payment Risk Oversight - Manager
Chicago, IL · Hybrid
$102K - $190K/yr
The Manager, Operational Risk - Payments is a second line of defense role responsible for providing ... Maintain Payment Risk Directive, and advise the business on adherence to internal policies ...
Business Risk Manager information
See Chicago, IL salary details
$30.8K - $44.6K
4% of jobs
$44.6K - $58.5K
5% of jobs
$58.5K - $72.4K
5% of jobs
$72.4K - $86.2K
8% of jobs
$87.8K is the 25th percentile. Wages below this are outliers.
$86.2K - $100.1K
18% of jobs
The median wage is $109K / yr.
$100.1K - $113.9K
15% of jobs
$126.5K is the 75th percentile. Wages above this are outliers.
$113.9K - $127.8K
22% of jobs
$127.8K - $141.6K
10% of jobs
$141.6K - $155.5K
7% of jobs
$155.5K - $169.4K
3% of jobs
$169.4K - $183.2K
2% of jobs
$30.8K
$111.1K
$183.2K
How much do business risk manager jobs pay per year?
As of Jun 28, 2026, the average yearly pay for business risk manager in Chicago, IL is $111,145.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,785.00 and $128,302.00 per year, depending on experience, location, and employer.
How much does a risk manager get paid?
A business risk manager's average salary in the United States ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Senior risk managers or those with specialized certifications like FRM or CRM can earn higher salaries, often exceeding $150,000. Compensation typically includes benefits such as bonuses and health insurance, and the role requires strong analytical skills and knowledge of risk assessment tools.
What does a business risk manager do?
A business risk manager identifies, assesses, and develops strategies to mitigate potential risks that could impact an organization's operations, financial health, or reputation. They analyze data, implement risk management frameworks, and work with leadership to ensure compliance and resilience. Strong analytical skills and knowledge of industry regulations are essential for this role.
How does a Business Risk Manager typically collaborate with other departments to address organizational risks?
As a Business Risk Manager, cross-functional collaboration is a key part of the role. You’ll regularly work with departments such as finance, compliance, operations, and IT to identify potential risks, assess their impact, and develop mitigation strategies. This often involves facilitating risk assessment workshops, sharing reports, and ensuring that risk controls are integrated into business processes. Effective communication and relationship-building skills are essential, as you’ll act as a bridge between senior management and operational teams to align risk management efforts with organizational goals.
Do risk managers make good money?
Risk managers, including business risk managers, typically earn competitive salaries that vary based on experience, industry, and location. According to industry reports, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications like CRM or FRM. The role often requires strong analytical skills and knowledge of risk assessment tools.
What is the difference between Business Risk Manager vs Risk Analyst?
| Aspect | Business Risk Manager | Risk Analyst |
|---|---|---|
| Credentials | Certifications like CRM, FRM, or CRC; bachelor's degree in business, finance, or related field | Certifications such as FRM or CRM; bachelor's degree in finance, economics, or related field |
| Work Environment | Strategic planning, risk assessment, and policy development in corporate settings | Data analysis, risk modeling, and reporting in finance or insurance firms |
| Employer & Industry | Corporations, financial institutions, insurance companies | Financial services, consulting firms, insurance companies |
The Business Risk Manager focuses on developing risk strategies and policies at a strategic level, while the Risk Analyst primarily conducts data analysis and risk assessments. Both roles require similar certifications and often work within the same industries, but their responsibilities differ in scope and focus.
Are risk managers in high demand?
Risk managers are in high demand across various industries due to increasing focus on organizational resilience and regulatory compliance. The role often requires strong analytical skills, certifications like FRM or CRM, and familiarity with risk management tools, making it a valuable and sought-after profession.
What are the key skills and qualifications needed to thrive as a Business Risk Manager, and why are they important?
To thrive as a Business Risk Manager, you need strong analytical skills, risk assessment expertise, and a background in finance, business, or a related field, often backed by a bachelor's degree or higher. Familiarity with risk management frameworks, regulatory compliance systems, and certifications like FRM (Financial Risk Manager) or CRM (Certified Risk Manager) is typically required. Exceptional communication, problem-solving, and stakeholder management skills help you effectively identify, mitigate, and communicate risks across an organization. These competencies are crucial for proactively managing threats, ensuring regulatory compliance, and supporting the long-term stability and success of the business.
What are popular job titles related to Business Risk Manager jobs in Chicago, IL? For Business Risk Manager jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Business Risk Manager jobs in Chicago, IL look for? The top searched job categories for Business Risk Manager jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Business Risk Manager jobs? Cities near Chicago, IL with the most Business Risk Manager job openings:
Capital One rating
7.8
Based on 142 frontline employees who took The Breakroom Quiz
67th of 142 rated banks
Job description
Principal Risk Manager
The Principal Risk Specialist is responsible for performing business compliance and operational risk and control activities. They are also responsible for educating and training the business to ensure compliance with regulations. They will also evaluate current operations across the business to identify areas for enhancements. They will serve also as partners with the business to implement processes.
Responsibilities:
Creates and distributes monthly risk and project process reporting.
Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership.
Develops and implements job aids and tools to facilitate efficient completion of policy and standard requirements.
Identifies and implements effective controls to manage operational, financial, and compliance risks.
Maintains an accurate library of risks and controls. Performs control design reviews and compliance risk assessments.
Monitors the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of controls.
Executes control testing plans.
Leads the completion of projects and develops, implements, and administers control standardization and workflow solutions.
Creates continual monitoring exception reports for critical business processes.
Works as a liaison between Payments Risk and partners such as Operational Risk
Management, Internal Audit, Third Party Risk Management, etc.
Basic Qualifications:
Bachelor's Degree in Business Or Marketing.
4+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations or Vendor Management.
Preferred Qualifications:
6+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, Operational and Regulatory risk.
Payments/Financial industry experience
Excellent presentation skills
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Chicago, IL: $109,900 - $125,400 for Principal Risk SpecialistCandidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
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