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Director Of Risk Management Jobs in Naperville, IL

MUFG Bank, Ltd.

Credit Risk Management, Director

Chicago, IL · Hybrid

  • Medical

  • Retirement

  • PTO

A member of our recruitment team will provide more details. Position Summary: The Credit Risk Management, Director will be responsible for overseeing the corporate lending activities and managing the ...

Bank of Montreal

Third Party Risk Manager

Chicago, IL · On-site

$57K - $106K/yr

  • Medical

  • Life

  • Retirement

Management of risk stakeholder program execution and interaction with Third Party Risk Specialists/Supplier Managers to manage and pursue completion of past due programs with escalation, as ...

Bank of Montreal

Third Party Risk Manager

Chicago, IL · On-site

$74K - $138K/yr

  • Medical

  • Life

  • Retirement

Business Management In-depth knowledge of Global Third-Party Risk Management processes, lifecycle, and third-party risk to support effective and proactive compliance with regulatory obligations in ...

Wintrust

Risk Management Officer

Rosemont, IL · On-site

Wintrust delivers the sophisticated solutions of a large bank while staying true to the ... Provide independent model risk management and support for the VP of Model Risk as follows: Model ...

Wintrust

Risk Management Officer

Rosemont, IL · Hybrid

Wintrust delivers the sophisticated solutions of a large bank while staying true to the ... Provide independent model risk management and support for the VP of Model Risk as follows: Model ...

Cedar Cares, Inc

Chief Risk Officer

Chicago, IL · On-site

$259.25 - $320.25/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

The CRO reports to the President of Cboe Clearing US, the Board of Directors, and the Risk Management Committee. The role partners with second‑ and third‑line functions, clearing members, and ...

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Director Of Risk Management information

See Naperville, IL salary details

$53.9K

$143K

$259.6K

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

As of Aug 16, 2026, the average yearly pay for director of 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 risk management do?

A director of risk management oversees an organization’s strategies to identify, assess, and mitigate potential risks that could impact business operations, financial stability, or reputation. They develop risk management policies, coordinate with other departments, and ensure compliance with regulations, often using tools like risk assessment software. Strong analytical skills and industry certifications are typically required for this role.

What does a director of risk management make?

A director of risk management typically earns a salary ranging from $100,000 to $200,000 annually, depending on industry, experience, and location. They often oversee risk assessment, mitigation strategies, and compliance efforts, requiring strong analytical and leadership skills.

What is the difference between Director Of Risk Management vs Risk Analyst?

AspectDirector Of Risk ManagementRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Bachelor's degree in finance, risk management, or related field
Work EnvironmentStrategic leadership, overseeing risk policies and teamsData analysis, risk assessment, supporting risk management strategies
Industry UsageUsed in large corporations, financial institutions, insurance companiesCommon in finance, insurance, and corporate sectors

The Director Of Risk Management focuses on strategic oversight and leadership in risk policies, while the Risk Analyst handles data analysis and risk assessment tasks. Both roles are essential in risk management but differ in scope and seniority.

What job categories do people searching Director Of Risk Management jobs in Naperville, IL look for?

The top searched job categories for Director Of Risk Management jobs in Naperville, IL are:

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

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

Director Of Risk Management jobs near you
Infographic showing various Director Of Risk Management job openings in Naperville, IL as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 15% Part Time, and 3% Contract. 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.

AVP Risk Manager, Reporting

Zurich Insurance Group

Schaumburg, IL • Hybrid

Full-time

Re-posted 22 days ago

Job description

Zurich North America is seeking an AVP - Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management practices are effectively embedded, supports risk-informed decision making, and ensures alignment with enterprise and regulatory expectations. 

The AVP - Risk Manager provides independent oversight, objective review, and guidance of business unit risk activities to ensure strong governance, regulatory alignment, and adherence to enterprise risk management standards. This role is responsible for leading and supporting key risk governance processes, partnering with business stakeholders, and delivering timely, high-quality risk insights and reporting. 

  • Lead and support risk and control reporting for local executives, including coordination, review, and follow-up on key risk outputs. 
  • Support local risk & control and Assurance Coordinator activities to ensure effective governance, alignment, and execution of risk-related deliverables. 
  • Oversee and contribute to the ZAIC Quarterly Risk Report process, ensuring quality, completeness, and timely delivery of risk inputs and reporting. 
  • Serve as the risk partner for the US Joint Venture and other local business units, providing oversight, guidance, and challenge on risk matters and governance activities. 
  • Support ORSA activities, including coordination, review, and consolidation of inputs to enable effective risk assessment and enterprise reporting. 

Basic Qualifications:

  • Bachelors Degree in Risk Management and 7 or more years of experience in the Risk Management area OR
  • High School Diploma or Equivalent and 9 or more years of experience in the Risk Management area OR
  • Zurich Certified Insurance Apprentice including an Associate Degree in Risk Management and 7 or more years of experience in the Risk Management area AND
  • 7 or more years in the insurance or financial industry, including experience in different technical functions
  • Knowledge in risk management or risk engineering

Preferred Qualifications:

  • Strong ability to challenge and influence senior stakeholders 
  • Experience with risk frameworks, governance, and regulatory expectations 
  • Proven ability to manage multiple priorities and deliver high-quality outputs 
  • Strong written and verbal communication skills 
  • Advanced degree and/or professional risk or finance certification  
  • Demonstrates independent judgment and effective challenge 
  • Applies an enterprise-wide perspective to risk assessment and decision-making 
  • Influences outcomes in a matrixed environment 
  • Ensures strong governance, execution, and delivery discipline 
  • Builds capability through coaching and enablement across teams

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us.

The pay range shown is a national average and may vary by location. The proposed salary range for this position is $110,220 - $180,510, with short-term incentive bonus eligibility set at 20%.

 
 

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

 

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment-so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500.

Join us for a brighter future-for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code 1033.

 

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - Schaumburg
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No  
Linkedin Recruiter Tag: #LI-MG1 #LI-DIRECTOR 

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