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Commercial Risk Manager Jobs in Munster, IN (NOW HIRING)

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

As a member of our team, you will help us scale and innovate our financial risk management framework and processes. You will be working closely with the Commercial, Product and Legal teams while ...

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

As a member of our team, you will help us scale and innovate our financial risk management framework and processes. You will be working closely with the Commercial, Product and Legal teams while ...

As an Environmental Credit Risk Associate on the Commercial and Investment Bank Credit Risk Management Team, you will be responsible for reviewing and analyzing environmental reports for real estate ...

Commercial Manager

Chicago, IL · On-site

$145K - $165K/yr

Develop a project-specific risk roadmap at kickoff, aligning contract terms, commercial strategy, and execution plans while equipping key team members with practical risk management processes

General Counsel

Chicago, IL · On-site

$180 - $280/hr

Risk & Compliance Partnership * Lead the company's legal risk management efforts by providing ... Negotiate and review commercial lease agreements, advise on warehouse legal liability, bailment ...

... regulation, commercial banking, capital markets, and treasury management products and the ... Credit Risk Officer II Total Base Pay Range 121,900.00 - 262,100.00 USD Annual At Fifth Third, we ...

Showing results 21-40

Commercial Risk Manager information

See Munster, IN salary details

$50.3K

$108.9K

$165.9K

How much do commercial risk manager jobs pay per year?

As of Aug 17, 2026, the average yearly pay for commercial risk manager in Munster, IN is $108,867.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,800.00 and $125,900.00 per year, depending on experience, location, and employer.

What does a commercial risk manager do?

A Commercial Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

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

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.

How does a commercial risk manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

Do commercial risk managers make good money?

Commercial 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 $130,000, with higher earnings possible for those with advanced certifications or extensive experience. The role often requires strong analytical skills and knowledge of risk assessment tools.

What job categories do people searching Commercial Risk Manager jobs in Munster, IN look for?

The top searched job categories for Commercial Risk Manager jobs in Munster, IN are:

Infographic showing various Commercial Risk Manager job openings in Munster, IN as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $108,867 per year, or $52.3 per hour.

Senior Manager, Commercial Credit Review

Capital One

Chicago, IL • On-site

Full-time

Re-posted 4 days ago


Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

91st of 171 rated banks


Job description

Senior Manager, Commercial Credit Review
Capital One's Credit Review organization is a third line of defense function that is responsible for providing an independent assessment of the Company's credit quality, key and emerging risks, and credit process execution to the Risk Committee of the Board of Directors and other stakeholders. Commercial Credit Review is seeking a Senior Manager who will participate in and/or lead continuous testing and targeted review activities within assigned portfolios. The Senior Manager will contribute towards the execution of the annual Credit Review plan and work cross-functionally across Credit Review teams in the process. This associate will also be responsible for building and maintaining working relationships with line of business management and key associates within Risk Management.
Primary responsibilities include:
  • Completing transactional testing to assess the appropriateness of client selection, quality of underwriting, effectiveness of borrower monitoring and accuracy of risk ratings
  • Analyzing portfolio composition to identify trends and risks and provide an opinion on portfolio quality
  • Participating in or leading Targeted Reviews to assess key risks in a given portfolio or across portfolios
  • Identifying gaps in credit policy, credit processes, and credit risk rating models
  • Identifying key and emerging risks
  • Effectively communicating results to executive level management, regulators and other key stakeholders
  • Building and maintaining effective working relationships across all three lines of defense
  • Acting as an approachable advisor to business heads and key lenders by developing continuous and effective communication channels for all stakeholders.
  • Ability to provide business leadership and partnering skills to help drive the organization towards critical decisions and deliverable results.
  • May be asked to develop and execute against monitoring plans
  • May be asked to assist in or lead the completion of quarterly Business Assessment Reports
  • May be asked to lead special projects
Basic Qualifications:
  • Bachelor's degree or military experience
  • At least 5 years of experience with traditional cash flow and leveraged lending
  • At least 8 years of direct transactional credit experience (underwriting, workout, risk management, credit review or regulatory)
Preferred Qualifications:
  • Master's degree
  • Certified Financial Analyst (CFA) OR Certified Public Accountant (CPA)
  • Ability to support conclusions through fact-based analysis and ability to influence senior leaders
  • Strong written and verbal communication skills
  • Excellent credit analysis and financial analysis skills
  • Strong organizational skills
  • Ability to manage multiple complex tasks while delivering high quality results
  • Leadership experience and strong leadership skills
  • Demonstrated experience in identifying, assessing and reporting on existing and emerging risks
  • Experience with direction applicability to Credit Review responsibility
  • Ability to navigate across a large organization and work with cross-functional teams
At this time, Capital One will not sponsor a new candidate 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.

Charlotte, NC: $182,500 - $208,300 for Sr. Credit Review Manager


Chicago, IL: $182,500 - $208,300 for Sr. Credit Review Manager


McLean, VA: $200,700 - $229,100 for Sr. Credit Review Manager


New York, NY: $219,000 - $249,900 for Sr. Credit Review Manager


Plano, TX: $182,500 - $208,300 for Sr. Credit Review Manager


Richmond, VA: $182,500 - $208,300 for Sr. Credit Review Manager






Candidates 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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