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Cyber Security Risk Management Jobs in Illinois (NOW HIRING)

inlandgroup

Director of Risk Management

Oak Brook, IL · On-site

Act as a key member of the Cyber Security Incident Response Team and ESG committee. * Lead, mentor, and develop the risk management team, fostering professional growth and continuous improvement.

Inland Group

Director of Risk Management

Oak Brook, IL · On-site

$145.57 - $189.24/hr

Act as a key member of the Cyber Security Incident Response Team and ESG committee. * Lead, mentor, and develop the risk management team, fostering professional growth and continuous improvement.

Bank of Montreal

AI Cyber/Security Architect

Chicago, IL · On-site

$122K - $228K/yr

Ensure alignment with vendor risk management, data protection, and residency requirements ... cybersecurity, with demonstrated leadership experience * 4-5 years experience in a Security ...

Crowe LLP

Third Party Risk Manager

Chicago, IL · On-site

Information Technology and/or Cybersecurity background and/or experience, including 5-8+ years of IT, cybersecurity, risk management, or third-party risk experience with network, platform, and/or ...

Northern Trust

IAM Risk Audit (CIAM) - Lead

Chicago, IL · On-site

$99K - $169K/yr

This position partners with cyber security, risk management, audit, compliance, technology teams, and business stakeholders to ensure client identity services operate within established regulatory ...

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All JobsCyber Security Risk Management JobsCyber Security Risk Management Jobs in Illinois

Cyber Security Risk Management information

See Illinois salary details

$55.2K

$128.8K

$180.2K

How much do cyber security risk management jobs pay per year?

As of Aug 8, 2026, the average yearly pay for cyber security risk management in Illinois is $128,844.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,600.00 and $145,400.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in cyber security risk management?

To thrive in Cyber Security Risk Management, you need a solid understanding of risk assessment methodologies, information security frameworks (such as ISO 27001 or NIST), and often a relevant degree or certification like CISSP or CISM. Familiarity with security tools, vulnerability assessment platforms, and risk management software is typically required. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for identifying threats and conveying risk to stakeholders. These skills ensure that organizations can proactively manage and mitigate cyber threats, safeguarding critical assets and maintaining compliance.

What is cyber security risk management?

Cyber security risk management is the process of identifying, assessing, and prioritizing risks to an organization's information systems and data. It involves evaluating potential threats and vulnerabilities, determining the likelihood and impact of these risks, and implementing measures to mitigate or manage them. Effective risk management helps organizations protect sensitive data, ensure regulatory compliance, and minimize the impact of cyber attacks. This process is ongoing and adapts to new threats and changes in technology.

What is the difference between Cyber Security Risk Management vs Cyber Security Analyst?

AspectCyber Security Risk ManagementCyber Security Analyst
CertificationsCompTIA Security+, CISSP, CISMCompTIA Security+, CEH, CISSP (preferred)
Work EnvironmentPolicy development, risk assessment, strategic planningMonitoring security systems, incident response, vulnerability analysis
Employer & Industry UsageOrganizations focusing on risk mitigation and complianceOrganizations implementing and maintaining security measures

Cyber Security Risk Management professionals focus on identifying, assessing, and mitigating security risks at an organizational level, often involved in policy and strategy. Cyber Security Analysts primarily monitor security systems, analyze threats, and respond to incidents. While both roles require similar certifications and work within the same industry, their core responsibilities differ: risk managers develop strategies, whereas analysts execute security measures and respond to threats.

What are some typical challenges faced in cyber security risk management, and how can they be addressed?

Professionals in Cyber Security Risk Management often encounter challenges such as staying updated with rapidly evolving threats, balancing security needs with business objectives, and ensuring compliance with various regulations. Addressing these challenges requires continuous learning, effective communication with stakeholders, and the implementation of robust risk assessment frameworks. Collaboration with IT, legal, and business teams is essential to develop practical security policies that protect assets without hindering operations.
What are popular job titles related to Cyber Security Risk Management jobs in Illinois? For Cyber Security Risk Management jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Cyber Security Risk Management jobs in Illinois look for? The top searched job categories for Cyber Security Risk Management jobs in Illinois are:
Cyber Security Risk Management jobs near you
Infographic showing various Cyber Security Risk Management job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $128,844 per year, or $61.9 per hour.

Director of Risk Management

inlandgroup

Oak Brook, IL • On-site

Other

Re-posted 15 days ago

Job description

The Inland Real Estate Group of Companies, a diversified real estate, investment, and financial services organization, is seeking an experienced Director of Risk Management to lead and advance our enterprise-wide risk management strategy. This is a highly visible, senior-level role with broad exposure to executive leadership and multiple business lines across the organization.

Reporting directly to the Chief Risk Officer, EVP, the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic risk initiatives. Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level.

Key Responsibilities
  • Lead the placement, structure, and ongoing management of complex property & casualty insurance programs, including D&O/E&O, Cyber, EPL, Fiduciary, Crime, and Workers’ Compensation.
  • Oversee claims management, ensuring effective resolution and cost control.
  • Manage and grow a single-parent captive insurance program domiciled in Vermont, coordinating with brokers, captive managers, and internal stakeholders to maximize utilization and revenue opportunities.
  • Conduct comprehensive risk assessments and enterprise risk analysis, identifying exposures and developing mitigation strategies.
  • Support and participate in Enterprise Risk Management (ERM) and Environmental, Social & Governance (ESG) initiatives.
  • Develop and execute strategies for collateral recovery, strengthening financial outcomes and reducing losses.
  • Perform risk-related financial forecasting, providing insight and recommendations to support strategic decision-making.
  • Participate in group P&L reviews, analyzing trends, variances, and opportunities for improvement.
  • Serve as a key advisor to leadership on insurance market conditions, coverage optimization, and cost containment.
  • Develop, implement, and maintain risk management policies and procedures in alignment with regulatory and industry best practices.
  • Act as a key member of the Cyber Security Incident Response Team and ESG committee.
  • Lead, mentor, and develop the risk management team, fostering professional growth and continuous improvement.
  • Perform supervisory duties including hiring, performance management, coaching, promotion, and disciplinary actions.
  • Maintain the highest standards of professionalism, integrity, and compliance with all laws, policies, and regulations.
  • Perform other duties as assigned.
Supervisory Responsibility
  • Directly supervises two team members:
    • Administrative Assistant
    • Claims Specialist
Qualifications

Education

  • Bachelor’s degree with a concentration in Risk Management, Finance, or equivalent professional experience required

Experience

  • 10+ years of progressive experience in Risk Management, Claims, Loss Control, Insurance, and Financial Management
  • Demonstrated experience with captive insurance administration (required)

Licenses & Certifications

  • Property & Casualty License – required (or able to obtain within 1 year)
  • ARM (Associate in Risk Management) strongly preferred

Skills & Technical Expertise

  • Expert-level Microsoft Excel skills
  • Proficiency in Microsoft Word and Outlook
  • Experience with RMIS and TPA systems
  • Strong analytical, financial, and problem-solving skills
  • Excellent written and verbal communication abilities
  • Proven leadership skills with the ability to influence across diverse business groups
Why Join Inland
  • High-impact, enterprise-level leadership role
  • Exposure to executive leadership and multiple business platforms
  • Opportunity to shape and grow a sophisticated risk function and captive program
  • Stable, well-established organization with a long-term view

Apply