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Compliance Risk Management Intern Jobs in Chicago, IL

Capital One

Senior Manager, Compliance

Chicago, IL · On-site

Maintain expert understanding of Compliance Risk Management Framework and applicable laws and regulations * Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure ...

Capital One

Senior Manager, Compliance

Riverwoods, IL · On-site

Maintain expert understanding of Compliance Risk Management Framework and applicable laws and regulations * Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure ...

Capital One

Compliance Advisor Manager

Riverwoods, IL · On-site

Maintain expert understanding of Compliance Risk Management Framework and applicable laws and regulations; * Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure ...

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All JobsCompliance Risk Management Intern JobsCompliance Risk Management Intern Jobs in Chicago, IL

Compliance Risk Management Intern information

See Chicago, IL salary details

$27.3K

$48.2K

$76.2K

How much do compliance risk management intern jobs pay per year?

As of Aug 7, 2026, the average yearly pay for compliance risk management intern in Chicago, IL is $48,214.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,200.00 and $50,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a compliance risk management intern, and why are they important?

To thrive as a Compliance Risk Management Intern, you need a foundation in business, finance, or law, often supported by coursework or a degree in related fields. Familiarity with compliance management systems, Microsoft Office Suite, and risk assessment tools is typically expected. Strong attention to detail, analytical thinking, and effective communication are crucial soft skills for this role. These skills ensure interns can accurately identify risks, support regulatory adherence, and contribute to maintaining organizational integrity.

What does a compliance risk management intern do?

A Compliance Risk Management Intern assists organizations in identifying, assessing, and managing risks related to legal and regulatory compliance. Their responsibilities may include reviewing internal policies, helping with audits, monitoring regulatory changes, and supporting the development of compliance programs. Interns often work closely with compliance officers and risk managers to ensure the organization adheres to all relevant laws and industry standards. This role provides practical experience in risk assessment, policy analysis, and regulatory research.

What types of projects or tasks can a compliance risk management intern expect to work on during their internship?

As a Compliance Risk Management Intern, you can expect to assist with activities such as conducting risk assessments, supporting the development and implementation of compliance policies, and participating in internal audits or investigations. You may also help monitor regulatory changes, prepare reports for senior management, and collaborate with various departments to ensure adherence to compliance standards. This hands-on experience provides valuable exposure to compliance frameworks and cross-functional teamwork, offering a strong foundation for a future career in risk management or compliance.

What is the difference between Compliance Risk Management Intern vs Compliance Analyst?

AspectCompliance Risk Management InternCompliance Analyst
Required CredentialsTypically pursuing or recent graduate in related fieldBachelor's degree in law, finance, or related field; certifications preferred
Work EnvironmentInternship setting, learning-focused, entry-levelFull-time professional role, more responsibility
Employer & Industry UsageUsed in financial, healthcare, and corporate sectorsCommon in similar industries, more permanent position
Search & Comparison IntentEntry-level, internship opportunities, learning rolesCareer advancement, professional compliance roles

The Compliance Risk Management Intern role is an entry-level position focused on learning and supporting compliance functions, often held by students or recent graduates. In contrast, a Compliance Analyst is a full-time professional role with greater responsibilities, requiring relevant education and certifications. Both roles are common in regulated industries like finance and healthcare, but the analyst position offers more career growth and specialization opportunities.

What are the most commonly searched types of Compliance Risk Management jobs in Chicago, IL? The most popular types of Compliance Risk Management jobs in Chicago, IL are:
Compliance Risk Management Intern jobs near you

Director of Risk Management and Compliance

Christian Community Health Center

Chicago, IL • On-site

$80K - $85K/yr

Full-time

Medical, Dental, Vision, Life

Re-posted 10 days ago

Job description

Job Title
Director of Risk Management and Compliance
Reports To:
Chief Operations Officer
FLSA Status:
Exempt
POSITION SUMMARY
The Compliance & Risk Manager is responsible for supporting the development, implementation, and ongoing oversight of the CCHC's Compliance Program and Enterprise Risk Management (ERM) framework. This position ensures adherence to federal and state regulations-including HRSA, CMS, FTCA, HIPAA, OSHA, 340B, Medicaid/Medicare billing requirements-and proactively identifies and mitigates organizational risks.
The Compliance & Risk Manager partners closely with clinical, operational, finance, pharmacy, and administrative departments to ensure policies, procedures, performance improvement, and quality initiatives are aligned with HRSA compliance, industry best practices, and organizational goals.
KEY RESPONSIBILITIES
1. Compliance Program Oversight
  • Support administration of the organization's Corporate Compliance Program in accordance with HRSA's requirements, Federal Sentencing Guidelines, and OIG Compliance Program Guidance.
  • Conduct routine audits and compliance reviews of operational, clinical, financial, and billing functions.
  • Help develop and maintain policies and procedures addressing compliance, regulatory, privacy, and risk matters.
  • Coordinate the annual HRSA Operational Site Visit (OSV) preparation, monitoring, and corrective action plans.
  • Monitor regulatory updates and communicate changes to leadership and staff.

2. Risk Management & Regulatory Readiness
  • Support the organization's Enterprise Risk Management (ERM) process, including risk identification, risk scoring, mitigation planning, and tracking.
  • Conduct Root Cause Analyses (RCA) and implement corrective actions for adverse events, near misses, or compliance concerns.
  • Maintain incident reporting processes and track trends.
  • Serve as liaison for insurance carriers, including liability, property, workers' compensation, and FTCA requirements.
  • Assist with emergency preparedness compliance, OSHA oversight, and Environment of Care coordination.

3. HIPAA Privacy & Security Compliance
  • Participate in monitoring compliance with HIPAA Privacy, Security, and Breach Notification Rules.
  • Investigate privacy incidents and potential breaches; develop corrective action plans.
  • Conduct annual HIPAA training and workforce education.
  • Collaborate with IT to ensure alignment with information security policies and safeguards.

4. 340B Program Oversight (as applicable)
  • Assist with compliance monitoring of the 340B Drug Pricing Program in collaboration with pharmacy leadership.
  • Support internal audits for 340B eligible encounters, prescription validation, contract pharmacy oversight, diversion, and duplicate discount prevention.
  • Maintain documentation required for HRSA 340B audits and program integrity monitoring.

5. Internal Audits & Monitoring
  • Develop, schedule, and perform compliance and risk audits, including:
  • Billing and coding
  • Eligibility and sliding fee scale
  • Documentation standards
  • Credentialing compliance
  • Referral and care coordination documentation
  • Quality improvement program alignment
  • Prepare audit reports and present findings to leadership.

6. Training, Education & Communication
  • Conduct compliance, HIPAA, regulatory, and risk management training for new hires and current staff.
  • Provide coaching and support to leaders on compliance-related questions.
  • Maintain communication tools such as newsletters, alerts, intranet posts, and compliance dashboards.

7. Investigations
  • Conduct internal compliance investigations, including interviewing staff, reviewing documentation, and analyzing findings.
  • Document outcomes and ensure appropriate corrective or disciplinary actions are implemented.

8. Corporate Governance Support
  • Support the compliance committee and quality/risk committees.
  • Assist with board reporting, annual risk assessments, and organizational compliance metrics.

Maintain documentation necessary for HRSA Section 330-related compliance elements.
QUALIFICATIONS
  • Masters degree in Health Administration, Public Health, Nursing, Business, or related field required,
  • Minimum 3-5 years of experience in healthcare compliance, risk management, quality improvement, or regulatory operations (FQHC preferred).
  • Knowledge of HRSA, FTCA, CMS, Medicaid/Medicare, HIPAA, OSHA, and 340B program requirements.
  • Certification preferred (one or more):
  • CHC (Certified in Healthcare Compliance)
  • CCEP (Certified Compliance and Ethics Professional)
  • CPHRM (Certified Professional in Healthcare Risk Management)
  • CPPS (Patient Safety)
  • CHPC (HIPAA Privacy Certified)

KEY COMPETENCIES
  • Strong understanding of FQHC regulatory and compliance frameworks
  • Ability to conduct audits, analyze findings, and drive corrective action
  • Knowledge of healthcare billing, coding, eligibility, and reimbursement processes
  • Excellent communication, training, and investigation skills
  • Strong analytical, organizational, and project management abilities
  • Ability to collaborate effectively with clinical and administrative leaders
  • High integrity, discretion, and sound judgment

Employee Benefits offered to Fulltime Staff
  • Blue Cross Blue Shield Medical Insurance
  • Blue Cross Blue Shield Dental and Vision Insurance
  • Supplemental Benefits
  • Life Insurance (Provided by the company)

Pay Range: $80,000 - $85,000 per year

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