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Director Disaster Risk Management Jobs in Naperville, IL

CME Group

Risk Mgmt Policy Analyst

Chicago, IL · On-site

$81K - $135K/yr

Support the Senior Director, Risk Policy, Recovery & Resolution in building out risk management policies related to current and evolving regulatory obligations, with specific focus on CFTC ...

CME Group

Risk Mgmt Policy Analyst

Chicago, IL

$81K - $135K/yr

Support the Senior Director, Risk Policy, Recovery & Resolution in building out risk management policies related to current and evolving regulatory obligations, with specific focus on CFTC ...

Cboe Global Markets

Chief Risk Officer

Chicago, IL · On-site

Ensure the Clearinghouse maintains robust business continuity and disaster recovery processes, and ... Have had a leadership role directing other risk managements staff and can mentor to elevate them to ...

Cboe Global Markets

Chief Risk Officer

Chicago, IL · On-site

Ensure the Clearinghouse maintains robust business continuity and disaster recovery processes, and ... Have had a leadership role directing other risk managements staff and can mentor to elevate them to ...

Coinme

Director of Payments & Risk

Chicago, IL

The Director of Payments & Risk owns that mission end to end: the fraud defense strategy, the AI ... Manage the vendor and partner ecosystem at both levels: hands-on (rules, integrations, data quality ...

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Showing results 21-40

All JobsDisaster Risk Management JobsDirector Disaster Risk Management JobsDirector Disaster Risk Management Jobs in Naperville, IL

Director Disaster Risk Management information

See Naperville, IL salary details

$53.9K

$143K

$259.6K

How much do director disaster risk management jobs pay per year?

As of Sep 2, 2026, the average yearly pay for director disaster risk management in Naperville, IL is $142,971.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,300.00 and $167,200.00 per year, depending on experience, location, and employer.

What does a director of disaster risk management do?

A Director of Disaster Risk Management is responsible for creating, implementing, and overseeing strategies to reduce the risks and impacts of disasters within an organization or community. This role involves coordinating preparedness and response plans, managing resources during emergencies, and collaborating with government agencies, NGOs, and other stakeholders. The director also leads training initiatives, conducts risk assessments, and ensures compliance with relevant regulations and standards. Their ultimate goal is to enhance resilience and minimize the impact of disasters.

What are the key skills and qualifications needed to thrive as a director of disaster risk management?

To thrive as a Director of Disaster Risk Management, you need expertise in emergency management, risk assessment, and strategic planning, often supported by an advanced degree in emergency management or a related field. Familiarity with incident management systems (like ICS), GIS mapping tools, and certifications such as Certified Emergency Manager (CEM) are typically required. Strong leadership, decision-making, and communication skills are critical for coordinating responses and guiding teams under pressure. These competencies ensure effective disaster preparedness, rapid response, and resilience-building for organizations and communities.

What are the primary challenges faced by a director of disaster risk management in coordinating response efforts across multiple agencies?

A Director of Disaster Risk Management often navigates the complex task of coordinating response efforts among various government departments, non-governmental organizations, and community stakeholders. One major challenge is ensuring clear communication and consistent protocols across agencies with differing priorities and resources. Additionally, balancing immediate response needs with long-term risk reduction strategies requires strong leadership and the ability to adapt quickly to evolving situations. Successful directors foster collaborative relationships, establish clear roles, and implement regular joint training exercises to enhance preparedness and response efficiency.

What is the difference between Director Disaster Risk Management vs Emergency Manager?

AspectDirector Disaster Risk ManagementEmergency Manager
CredentialsTypically requires advanced degrees in risk management, public safety, or related fields; certifications like CMP or CEM are commonOften holds degrees in emergency management, public safety, or related areas; certifications such as CEM or ICS are common
Work EnvironmentStrategic planning, policy development, overseeing risk mitigation programs in government or large organizationsOperational response, coordination during emergencies, training, and preparedness activities
Employer & IndustryGovernment agencies, large corporations, NGOs involved in disaster risk reductionPublic safety agencies, emergency services, government departments handling crisis response

The main difference is that the Director Disaster Risk Management focuses on strategic planning and risk mitigation at an organizational or community level, while the Emergency Manager is more involved in on-the-ground response and operational coordination during emergencies. Both roles require similar credentials but differ in scope and daily responsibilities.

What cities near Naperville, IL are hiring for Director Disaster Risk Management jobs?

Cities near Naperville, IL with the most Director Disaster Risk Management job openings:

Director Disaster Risk Management jobs near you
Infographic showing various Director Disaster Risk Management job openings in Naperville, IL as of June 2026, with employment types broken down into 4% As Needed, 30% Full Time, and 66% Part Time. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $142,971 per year, or $68.7 per hour.

Head of Financial Risk Management - Bitnomial

Kraken Crypto Exchange

Chicago, IL • On-site

$110K - $220K/yr

Full-time

Posted 4 days ago

Job description

Building the Future of Open Finance
Payward - the parent company behind Kraken, NinjaTrader, Breakout, xStocks, Payward Services and CF Benchmarks - has spent the last 15 years building one of the most modern and globally accessible financial infrastructure platforms in the industry, built to advance an open, global financial system.
Before you apply, we encourage you to explore our culture page to understand what drives us and how we work.
The team
We are seeking a seasoned Senior Risk Manager with 10+ years of risk management experience at a CFTC-registered Derivatives Clearing Organization (DCO) to join our risk function. This individual will play a critical role in safeguarding the integrity of our clearinghouse by leading the design, calibration, and ongoing oversight of margin models, stress testing frameworks, and broader market risk methodologies. The successful candidate will work cross-functionally with clearing operations, technology, compliance, and senior leadership to ensure that the DCO's risk management framework meets the highest regulatory and industry standards. Prior experience at a Futures Commission Merchant (FCM) is strongly preferred and will bring valuable perspective on the participant side of cleared markets.
The opportunity
  • Margin Modeling & Methodology
    • Ongoing performance monitoring of initial and variation margin models across cleared products, including futures, options, and swaps.
    • Lead periodic recalibration of margin parameters (lookback windows, volatility scaling, anti-procyclicality measures, liquidity add-ons, concentration charges) and document changes in accordance with the DCO's model governance framework.
    • Evaluate and enhance portfolio-based margining methodologies (e.g., SPAN-style, VaR/Expected Shortfall, filtered historical simulation) for accuracy, defensibility, and regulatory compliance.
    • Conduct back-testing, sensitivity analysis, and model performance reviews; clearly articulate findings to internal stakeholders, the Risk Committee, and regulators.

    Market Risk & Stress Testing
    • Design, execute, and continuously refine the DCO's stress testing program, including historical, hypothetical, and reverse stress scenarios.
    • Monitor market risk exposures of clearing members and the clearinghouse as a whole, including concentration, wrong-way risk, liquidity risk, and tail-risk exposures.
    • Assess the adequacy of the default waterfall, guaranty fund sizing, and skin-in-the-game contributions in light of evolving market conditions.
    • Produce daily, weekly, and monthly risk reporting to senior management, the Risk Committee, and external regulators.

    Regulatory & Governance
    • Ensure ongoing compliance with CFTC Part 39 DCO Core Principles, including those governing financial resources, margin, risk management, default procedures, and system safeguards.
    • Serve as a liaison to the CFTC and other regulators during examinations, rule certifications, and ad hoc inquiries.
    • Maintain robust model risk management documentation aligned with industry standards and the DCO's internal governance policies.
    • Support the Chief Risk Officer in Risk Committee preparation, member due diligence, and the evaluation of new products and clearing services.

    Clearing Member Oversight
    • Conduct financial and operational risk reviews of clearing members, including assessment of capital adequacy, liquidity, and risk management practices.
    • Monitor intraday and end-of-day exposures, margin calls, and collateral sufficiency; escalate emerging risks to the CRO and senior leadership.
    • Partner with operations and technology to enhance real-time risk monitoring tools and dashboards.

What you bring
  • Minimum of 10 years of risk management experience at a CFTC-registered DCO, with direct ownership of margin and/or stress testing methodologies.
  • Deep, practical knowledge of CFTC regulations, particularly Part 39 DCO Core Principles, and familiarity with adjacent rules under Parts 1, 22, and 190.
  • Demonstrated expertise in market risk concepts: VaR, Expected Shortfall, scenario analysis, volatility modeling, and portfolio risk aggregation across futures and options.
  • Foundation in margin model design and validation (SPAN, SPAN 2, historical simulation, parametric, or Monte Carlo-based approaches).
  • Hands-on experience designing and executing stress testing programs that meet DCO regulatory expectations (liquidity stress, default management drills).
  • Bachelor's degree required in a quantitative discipline (Finance, Economics, Mathematics, Statistics, Engineering, or related field); advanced degree (Master's) preferred.
  • Excellent written and verbal communication skills, with proven ability to present complex risk concepts to executives, board members, and regulators.
  • Sound judgment under pressure, with the ability to make defensible risk decisions in volatile markets.
  • Intellectual rigor and attention to detail in model design, validation, and documentation.
  • Collaborative orientation across risk, operations, technology, compliance, and legal functions.
  • Comfort engaging directly with regulators, clearing members, and senior internal stakeholders.

Nice to haves
  • Prior experience at a Futures Commission Merchant (FCM), including familiarity with customer segregation requirements, house vs. customer margining, and FCM risk management practices.
  • Experience with cleared derivatives across multiple asset classes (digital assets, interest rates, energy, agricultural, metals, equity indices, FX).
  • Working knowledge of default management processes, including auction protocols, hedging, and porting of customer positions.
  • Experience supporting regulatory examinations, rule filings, or new product self-certifications under CFTC Part 40.

Unless a specific application deadline is stated in the job posting, applications are accepted on an ongoing basis.
Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.
We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.
Our commitment
Payward is powered by people from around the world and we celebrate the diverse talents, backgrounds, contributions, and unique perspectives that everyone brings to the table. We hire based on merit, seeking out people with the right abilities, knowledge, and skills for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgeable about crypto.
We may ask candidates to complete job-related skills or work-style assessments as part of our hiring process. These assessments evaluate competencies relevant to the role and are applied consistently across candidates for similar positions. Results are considered alongside experience and interviews, and are not the sole basis for any employment decision.
As an equal opportunity employer, we don't tolerate discrimination or harassment of any kind, whether based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status, or any other protected characteristic as outlined by federal, state, or local laws.
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