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Director Of Risk Jobs in Chicago, IL (NOW HIRING)

Capstone Mechanical, LP.

Risk Manager

Deerfield, IL · On-site

$100 - $140/hr

Reporting jointly to the Controller and Director of Safety, this role serves as a strategic partner to Finance, Safety, Operations, and Executive Leadership to reduce total cost of risk, strengthen ...

Bmo

Managing Director, Risk Governance

Chicago, IL · On-site

Supports the Head, US Enterprise Risk in the execution of decision rights identified on the U.S. Risk Decision Rights Matrix to ensure the effective management of the U.S. in alignment with the U.S.

PurposeCare

Area Director of Operations

Chicago, IL · On-site

Area Director of Operations - Illinois Home Health & Home Care Are you the type of operations ... Review operational and financial reports to identify trends, gaps, and areas of risk. * Use Axxess ...

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Director Of Risk information

See Chicago, IL salary details

$11.3K

$146.4K

How much do director of risk jobs pay per year?

As of Sep 7, 2026, the average yearly pay for director of risk in Chicago, IL is $145,377.00, according to ZipRecruiter salary data. Most workers in this role earn between $145,400.00 and $145,400.00 per year, depending on experience, location, and employer.

What does a director of risk do?

A Director of Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or objectives. They develop risk management strategies, oversee compliance with regulations, and ensure that proper controls are in place to minimize financial, legal, and reputational risks. Typically, this role involves working closely with senior leadership to align risk management with overall business goals and to foster a culture of risk awareness throughout the organization.

How does a director of risk typically collaborate with other departments to manage organizational risk?

A Director of Risk works closely with various departments—such as compliance, finance, operations, and IT—to identify, assess, and mitigate potential risks. They often lead cross-functional meetings and risk assessment workshops to ensure all perspectives are considered and that risk controls are integrated into daily operations. Collaboration is key, as effective risk management requires input and buy-in from across the organization. Directors of Risk also frequently present findings and recommendations to executive leadership, ensuring alignment on risk appetite and mitigation strategies.

What are the key skills and qualifications needed to thrive as a director of risk, and why are they important?

To thrive as a Director of Risk, you need deep expertise in risk management, regulatory compliance, and business strategy, often supported by a bachelor’s or master’s degree in finance, business, or a related field. Familiarity with risk assessment tools, governance frameworks (such as COSO or ISO 31000), and relevant certifications like FRM or CRM is typically required. Exceptional leadership, analytical thinking, and communication skills help you influence stakeholders and navigate complex risk scenarios. These skills ensure the effective identification, mitigation, and communication of organizational risks, protecting the company’s assets and reputation.

What is the difference between Director Of Risk vs Risk Manager?

AspectDirector Of RiskRisk Manager
ResponsibilitiesOversees enterprise-wide risk strategies, sets policies, and manages risk teamsIdentifies, assesses, and mitigates specific risks within departments or projects
Required CredentialsOften requires advanced degrees (e.g., MBA), certifications like CRM or FRM, and extensive experienceTypically requires a bachelor's degree, certifications like RIMS-CRMP, and relevant experience
Work EnvironmentStrategic, leadership-focused, often in corporate officesOperational, detail-oriented, working closely with teams on risk assessments

The main difference between a Director Of Risk and a Risk Manager lies in scope and seniority. The Director Of Risk handles enterprise-wide risk strategies and leadership, while the Risk Manager focuses on specific risk areas and implementation. Both roles require relevant certifications and experience, but the Director position involves higher-level decision-making and strategic planning.

What are the most commonly searched types of Of Risk jobs in Chicago, IL?

The most popular types of Of Risk jobs in Chicago, IL are:

What are popular job titles related to Director Of Risk jobs in Chicago, IL?

For Director Of Risk jobs in Chicago, IL, the most frequently searched job titles are:

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

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

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

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

Director Of Risk jobs near you
Infographic showing various Director Of Risk job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, 2% Contract, and 1% Nights. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $145,262 per year, or $69.8 per hour.

Risk Manager

The University of Chicago Medicine

Chicago, IL • On-site

Full-time

Re-posted 8 days ago

University Of Chicago Medicine rating

7.5

Company rating: 7.5 out of 10

Based on 62 frontline employees who took The Breakroom Quiz

231st of 898 rated healthcare providers

Job description


Be a part of a world-class academic healthcare system at UChicago Medicine as a Risk Manager in the Risk and Patient Safety department. This position requires occasional travel to our system site locations around Chicagoland as needed.
The primary function of this position will be to work with clinicians and administrators within the Medical Center to conduct proactive risk assessments, to review and investigate occurrence reports, complete root cause analysis', review adverse and sentinel events, and patient care complications and to identify patient safety issues, potential liability concerns, and system breakdowns. The Risk Manager will also complete formal grievances and participate in hospital surveys.
Essential Job Functions
  • Conduct investigations through clinician interview, medical record assessment and environment of care analysis for assigned patient care events categorized as near miss, adverse or sentinel events
  • Assist the Director of Risk Management & Patient Safety in conducting root cause analysis meetings
  • Facilitate follow-up task force and committee meetings to address risk and safety issues identified
  • Assist the Director of Risk Management & Patient Safety in conducting proactive risk assessments for identified sections and departments on an annual basis
  • Link specific initiatives to reductions in claims frequency and severity trends with the goal of reducing malpractice related expenditures
  • Conducts educational sessions for faculty and staff on risk and safety related topics
  • Participates in hospital surveys
  • Provide support and consultation service to all staff on a rotating schedule for pager coverage 24/7
  • Facilitate disclosure conversations with clinicians and patient/family members
  • Participates in hospital committees representing Departmental issues and risk and safety concerns
  • Tracks and trends data and prepare risk/ patient safety reports and metrics for presentation at regularly scheduled meetings and for regular internal distribution
  • Performs other duties assigned

Required Qualifications
  • Excellent oral, writing, and interpersonal written communication skills
  • Strong organizing and data management skills, including word processing, spreadsheets, monitoring, and evaluation tools
  • Hospital experience of at least 3-5 years in a clinical role

Preferred Qualifications
  • Bachelor's degree or higher in Nursing (BSN)
  • Risk Management work experience of at least 2-3 years
  • RN License

Position Details
  • Job Type/FTE: Full-Time
  • Shift: Days & on-call rotation
  • Job Location: Flexible (Hyde Park)
  • Unit/Department: Risk and Patient Safety
  • CBA Code: Non-Union

About Us
We've been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment... with patients and with each other. We're in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you'd like to add enriching human life to your profile, UChicago Medicine is for you. Here at the forefront, we're doing work that really matters. Join us. Bring your passion.
UChicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: UChicago Medicine Career Opportunities
UChicago Medicine is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.
As a condition of employment, all employees are required to complete a pre-employment physical, background check, drug screening, and comply with the flu vaccination requirements prior to hire. Medical and religious exemptions will be considered for flu vaccination consistent with applicable law.
Compensation & Benefits Overview
UChicago Medicine is committed to transparency in compensation and benefits. The pay range provided reflects the anticipated wage or salary reasonably expected to be offered for the position.
The pay range is based on a full-time equivalent (1.0 FTE) and is reflective of current market data, reviewed on an annual basis. Compensation offered at the time of hire will vary based on candidate qualifications and experience and organizational considerations, such as internal equity. Pay ranges for employees subject to Collective Bargaining Agreements are negotiated by the medical center and their respective union.
Review the full complement of benefit options for eligible roles at Benefits - UChicago Medicine.

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