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Business Risk Manager Jobs in Chicago, IL (NOW HIRING)

... the business. Recruiting for this role ends on 12/31/2026. Work you'll do As an Insider Risk ... Manager on the Cyber team, you will be responsible for: • Developing comprehensive strategies for ...

... the business. Recruiting for this role ends on 12/31/2026. Work you'll do As an Insider Risk ... Work you'll do As an Insider Risk Manager on the Cyber team, you will be responsible for:

Third Party Risk Manager

Chicago, IL · On-site

$74K - $138K/yr

Business Management In-depth knowledge of Global Third-Party Risk Management processes, lifecycle, and third-party risk to support effective and proactive compliance with regulatory obligations in ...

Third Party Risk Manager

Chicago, IL · On-site

$74K - $138K/yr

Business Management In-depth knowledge of Global Third-Party Risk Management processes, lifecycle, and third-party risk to support effective and proactive compliance with regulatory obligations in ...

Third Party Risk Manager

Chicago, IL · On-site

$74K - $138K/yr

Business Management In-depth knowledge of Global Third-Party Risk Management processes, lifecycle, and third-party risk to support effective and proactive compliance with regulatory obligations in ...

What It Means to Be a Consultant at Crowe Consulting is a dynamic business focused on solving ... The Third Party Risk Manager position will be primarily responsible for managing and leading the ...

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Together, they reflect the three cornerstones of business conduct which we strive to instill in our ... This role supports the Risk and Investment Teams through portfolio-level risk aggregation, manager ...

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Together, they reflect the three cornerstones of business conduct which we strive to instill in our ... This role supports the Risk and Investment Teams through portfolio-level risk aggregation, manager ...

Hedge Fund Risk Manager

Chicago, IL · On-site

$81 - $133/hr

Together, they reflect the three cornerstones of business conduct which we strive to instill in our ... This role supports the Risk and Investment Teams through portfolio-level risk aggregation, manager ...

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Together, they reflect the three cornerstones of business conduct which we strive to instill in our ... This role supports the Risk and Investment Teams through portfolio-level risk aggregation, manager ...

Showing results 41-60

Business Risk Manager information

See Chicago, IL salary details

$30.8K

$111.1K

$183.2K

How much do business risk manager jobs pay per year?

As of Sep 5, 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.

What are the key skills and qualifications needed to thrive as a business risk manager?

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.

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.

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

AspectBusiness Risk ManagerRisk Analyst
CredentialsCertifications like CRM, FRM, or CRC; bachelor's degree in business, finance, or related fieldCertifications such as FRM or CRM; bachelor's degree in finance, economics, or related field
Work EnvironmentStrategic planning, risk assessment, and policy development in corporate settingsData analysis, risk modeling, and reporting in finance or insurance firms
Employer & IndustryCorporations, financial institutions, insurance companiesFinancial 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.

Do business risk managers make good money?

Business risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $80,000 to over $120,000, with higher earnings possible for those with advanced certifications or in senior roles. The profession often requires strong analytical skills and knowledge of risk assessment tools.

How much do business risk managers make?

Business risk managers typically earn a median annual salary of around $100,000, with salaries ranging from approximately $70,000 to over $140,000 depending on experience, industry, and location. Advanced certifications and strong analytical skills can lead to higher compensation in this role.

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 various departments to ensure compliance and resilience. Strong analytical skills and knowledge of industry regulations are essential for this role.

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:

Infographic showing various Business Risk Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $111,145 per year, or $53.4 per hour.

Operational Risk Manager, Engineering

Mars

Chicago, IL

Full-time

Medical, Dental, Retirement, PTO

Posted 11 days ago


Mars Inc. rating

7.7

Company rating: 7.7 out of 10

Based on 39 frontline employees who took The Breakroom Quiz

126th of 444 rated food and drinks producers


Job description

Job Description:

The Operational Risk Manager role is responsible for supporting the delivery and management of Mars Inc Operational Risk Programs such as Risk Engineering, Business Resilience, and other loss prevention programs. This position will support the timely and effective delivery of all programs, across all Mars Segments globally, to ensure that Mars is identifying, quantifying and minimizing exposure to loss and business interruption.

Through close partnership and collaboration with internal stakeholders, external consultants, insurers, brokers, and risk engineering partners, this role supports the development and implementation of the Operational Risk Management strategy and long-term roadmap. The Operational Risk Manager will help drive governance, compliance, continuous improvement, and program effectiveness while fostering a culture of risk awareness and resilience throughout the organization.

What are we looking for?

  • Bachelor's degree in Engineering, Risk Management & Insurance, Health and Safety, or similar

  • Minimum of 5 years of experience in property loss prevention, risk engineering, operational risk management, insurance risk consulting, business continuity, or a related discipline

  • Experience with compliance, auditing, governance, and reporting processes

  • Experience managing external vendors, consultants, and service providers

  • Knowledge of property loss prevention principles, fire protection systems, business continuity planning, and risk management practices

  • Strong analytical and problem-solving skills with the ability to interpret risk data and identify trends

  • Demonstrated ability to manage multiple projects and priorities in a complex global environment

  • Strong communication and stakeholder management skills, with the ability to influence and collaborate across functions and levels of the organization

  • Ability to work effectively in a global, cross-functional environment and manage relationships with diverse stakeholders

  • Experience working within manufacturing, supply chain, warehousing, or industrial environments

  • Effective interpersonal skills and the ability to build effective internal and external relationships and collaborations

  • Proven ability at coordinating/integrating successful teams

  • Willingness and ability to travel domestically and internationally as required, estimated at approximately 20% of the time

  • Self-motivated, detail-oriented, and capable of working independently while maintaining a strong team-oriented mindset.

  • Proficiency in Microsoft Office applications, particularly Excel and PowerPoint; experience with risk management, audit, or data analytics platforms is a plus

What will your key responsibilities be?

Key responsibilities include managing global risk activities, monitoring program performance, managing third-party service providers, analyzing risk data and trends, coordinating audits and reviews, tracking remediation activities, and contributing to the development of standards, tools, and reporting that enhance Mars' operational resilience and risk maturity.

  • Support the ACM and BRM program deployment and administration. This includes managing the daily execution and delivery of operational risk programs

  • Seek opportunities to enhance and align current operational risk programs (including property loss prevention, resilience, and integrated audits) for future consolidation to increase overall efficiency, effectiveness, sustainability, and business benefit

  • Support global stakeholder groups and working with Associates across all Mars locations; managing critical program objectives and site compliance

  • Maintain general awareness, functional attentiveness and development/enhancement tracking of program technology and 'digital' initiatives to increase the efficiency and effectiveness of delivery and engagement of theoperational risk programs

  • Support tracking of program budgets, vendor spend, and service utilization

  • Responsible for primary coordination with all service providers / third party business partners to ensure contractual compliance and continuing alignment with overall operational risk objectives and guidelines - global resource management and delivery support to include collaboration and quality control over all aspects of their development and deployment of products and activities

  • Participate in key meetings and discussions - responsible for program related data and information capture and record management

  • Support onboarding and integration of acquisitions into Mars Operational Risk programs, ensuring alignment with global standards and governance expectations

  • Develop and maintain a structured Operational Risk framework for external manufacturing, co-manufacturing, and co-packing partners supporting Mars operations globally

What can you expect from Mars?

  • Work with over 170,000 diverse and talented Associates, all guided by The Five Principles.

  • Join a purpose driven company, where we are striving to build the world we want tomorrow, today.

  • Best-in-class learning and development support from day one, including access to our in-house Mars University.

  • An industry competitive salary and benefits package, including company bonus.

The base pay range for this position at commencement of employment is between the range listed below, however, base pay offered may vary depending on multiple individualized factors, including but not limited to job-related knowledge, skills, and experience.The total compensation package for this position will include variable pay, medical and dental benefits, participation in 401k plan, and paid time off benefits.Details of participation in these benefit plans will be provided if an applicant receives an offer of employment.

The pay range shown is applicable to all US locations listed within the job posting:USD 86,720.00 - USD 119,240.00Employment Type: FULL_TIME

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