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Cybersecurity 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 JobsCybersecurity Risk Management JobsCybersecurity Risk Management Jobs in Illinois

Cybersecurity Risk Management information

See Illinois salary details

$55.2K

$128.8K

$180.2K

How much do cybersecurity risk management jobs pay per year?

As of Aug 8, 2026, the average yearly pay for cybersecurity 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 some common challenges faced by professionals in cybersecurity risk management, and how can they be addressed?

Professionals in Cybersecurity Risk Management often encounter challenges such as keeping up with rapidly evolving cyber threats, balancing security needs with business objectives, and ensuring compliance with industry regulations. Addressing these challenges requires continuous learning, effective communication with stakeholders, and close collaboration with IT, legal, and business teams. Building strong partnerships across departments and investing in ongoing training can help mitigate these obstacles and support proactive risk management.

What is the difference between Cybersecurity Risk Management vs Cybersecurity Analyst?

AspectCybersecurity Risk ManagementCybersecurity Analyst
CertificationsCRISC, CISSP, CISMCompTIA Security+, CEH, CISSP
Work EnvironmentRisk assessment, policy development, strategic planningMonitoring security systems, incident response, vulnerability analysis
Employer & Industry UsageFinancial, healthcare, government, large enterprisesIT departments, cybersecurity firms, corporate security teams

Cybersecurity Risk Management focuses on identifying, assessing, and mitigating security risks at an organizational level, often involving policy creation and strategic planning. In contrast, a Cybersecurity Analyst primarily monitors security systems, responds to incidents, and analyzes vulnerabilities. Both roles require similar certifications but serve different functions within cybersecurity teams.

What are the key skills and qualifications needed to thrive in cybersecurity risk management, and why are they important?

To thrive in Cybersecurity Risk Management, you need a solid understanding of information security principles, risk assessment methodologies, compliance standards, and typically a degree in cybersecurity or a related field. Familiarity with risk management frameworks (such as NIST or ISO 27001), security tools, and professional certifications like CISSP or CRISC is highly valued. Strong analytical thinking, effective communication, and problem-solving skills help professionals translate technical risks for non-technical stakeholders and foster collaboration. These competencies are crucial to proactively identifying threats, managing vulnerabilities, and ensuring organizational resilience in a rapidly evolving digital landscape.

What is cybersecurity risk management?

Cybersecurity risk management is the process of identifying, assessing, and prioritizing risks to an organization's digital assets and information systems. It involves implementing strategies and controls to minimize the impact of potential cyber threats, such as data breaches, malware, and unauthorized access. The goal is to balance security measures with business needs, ensuring sensitive information remains protected while maintaining operational efficiency. Effective risk management is ongoing, adapting to new threats and changes within the organization.
What are popular job titles related to Cybersecurity Risk Management jobs in Illinois? For Cybersecurity Risk Management jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Cybersecurity Risk Management jobs in Illinois look for? The top searched job categories for Cybersecurity Risk Management jobs in Illinois are:
What cities in Illinois are hiring for Cybersecurity Risk Management jobs? Cities in Illinois with the most Cybersecurity Risk Management job openings:
Cybersecurity Risk Management jobs near you
Infographic showing various Cybersecurity 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 16 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