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Director Operational Risk Jobs in Des Plaines, IL

IMC

Experienced Risk Manager

Chicago, IL · On-site

Our team has a broad mandate across market, credit, capital, and operational risk. Rather than ... direct exposure to senior leadership, and the ability to influence both day-to-day trading ...

Smarkets

Chief Risk Officer (Chicago)

Chicago, IL · On-site

... operational risk within a DCM, DCO, or comparable regulated market infrastructure in the United States, with direct responsibility for risk and system safeguards, not advisory or supporting ...

Early Warning Services

IT Risk Manager

Chicago, IL · Hybrid

... Director if meeting departmental goals and objectives. * Build and manage the business line's centralized LOD1 function; act as business-line liaison to Enterprise Risk Management, Operational Risk ...

PremiStar

Risk Manager

Deerfield, IL · On-site

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 ...

IMC

Experienced Risk Manager

Chicago, IL · On-site

$150K - $210K/yr

Our team has a broad mandate across market, credit, capital, and operational risk. Rather than ... direct exposure to senior leadership, and the ability to influence both day-to-day trading ...

IMC B.V.

Experienced Risk Manager

Chicago, IL · On-site

$150 - $210/hr

Our team has a broad mandate across market, credit, capital, and operational risk. Rather than ... direct exposure to senior leadership, and the ability to influence both day-to-day trading ...

New

ElectronX

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

S.-regulated, direct access electricity derivatives market, offering financial products to address ... Operational & Liquidity Risk * Stand up the operational risk program covering technology risk ...

ElectronX

Head of Risk

Chicago, IL · On-site

$150 - $250/hr

S.-regulated, direct access electricity derivatives market, offering financial products to address ... Operational & Liquidity Risk * Stand up the operational risk program covering technology risk ...

DRiV

Insurance Risk Manager

Skokie, IL · Hybrid

... strategic, operational, financial, and insurable risks. The successful candidate will oversee ... Lead the Company's global property, casualty, liability, cyber, directors & officers (D&O), cargo ...

New

powercon

Director of Risk Management

Chicago, IL

$150K - $175K/yr

The Director serves as a trusted advisor to executive leadership, operations, and project teams, ensuring the Company's risk profile is proactively managed, financially optimized, and aligned with ...

powercon

Director of Risk Management

Chicago, IL · On-site

$150K - $175K/yr

The Director serves as a trusted advisor to executive leadership, operations, and project teams, ensuring the Company's risk profile is proactively managed, financially optimized, and aligned with ...

Power Construction

Director of Risk Management

Chicago, IL · On-site

$150K - $175K/yr

The Director serves as a trusted advisor to executive leadership, operations, and project teams, ensuring the Company's risk profile is proactively managed, financially optimized, and aligned with ...

Power Construction

Director of Risk Management

Chicago, IL · On-site

$150 - $175/hr

The Director serves as a trusted advisor to executive leadership, operations, and project teams, ensuring the Company's risk profile is proactively managed, financially optimized, and aligned with ...

Socket.dev

Director of Risk Management

Chicago, IL · On-site

$150 - $175/hr

The Director serves as a trusted advisor to executive leadership, operations, and project teams, ensuring the Company's risk profile is proactively managed, financially optimized, and aligned with ...

Sinai Chicago

Director of Risk Management

Chicago, IL · On-site

The Director of Risk Management will collaborate closely with executive leadership, operational departments, legal counsel, compliance teams, and clinical stakeholders to identify, evaluate, and ...

Sinai Chicago

Director of Risk Management

Chicago, IL · On-site

The Director of Risk Management will collaborate closely with executive leadership, operational departments, legal counsel, compliance teams, and clinical stakeholders to identify, evaluate, and ...

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Showing results 21-40

All JobsOperational Risk JobsDirector Operational Risk JobsDirector Operational Risk Jobs in Des Plaines, IL

Director Operational Risk information

See Des Plaines, IL salary details

$52.6K

$139.5K

$253.4K

How much do director operational risk jobs pay per year?

As of Aug 20, 2026, the average yearly pay for director operational risk in Des Plaines, IL is $139,530.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,800.00 and $163,200.00 per year, depending on experience, location, and employer.

What does a director of operational risk do?

A Director of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations. They develop risk management strategies, implement controls, and ensure compliance with relevant regulations. This role typically involves collaborating with different departments, reporting to senior management, and overseeing risk assessments and audits. The goal is to minimize losses and protect the organization from potential operational failures or external threats.

How does a director of operational risk typically collaborate with other departments to manage enterprise-wide risks?

A Director of Operational Risk works closely with teams across the organization—including compliance, internal audit, IT, and business unit leaders—to identify, assess, and mitigate potential risks. This collaboration often involves organizing risk assessments, sharing best practices, and developing response strategies for incidents. Regular cross-functional meetings and reporting are common, ensuring that risk management is integrated into day-to-day business operations. Effective communication and relationship-building are crucial for success in this role, as the Director must foster a risk-aware culture throughout the company.

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

A Director of Operational Risk needs deep knowledge of risk management frameworks, regulatory requirements, and operational processes, typically supported by a degree in finance, business, or a related field. Familiarity with risk assessment tools, data analytics platforms, and certifications such as FRM or CRM is highly valued. Strong leadership, analytical thinking, and effective communication are essential soft skills for guiding teams and influencing stakeholders. These competencies are crucial for identifying, assessing, and mitigating risks that could impact organizational objectives and regulatory compliance.

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

AspectDirector Operational RiskRisk Manager
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Often requires similar certifications but may have less emphasis on advanced degrees
Work EnvironmentStrategic, leadership-focused, overseeing risk frameworks across departmentsOperational, focused on identifying and mitigating specific risks within teams
Employer & Industry UsageCommon in banking, finance, insurance, and large corporationsFound across various industries including finance, healthcare, and manufacturing

The main difference is that the Director of Operational Risk typically holds a senior leadership role responsible for setting risk strategies and policies, while the Risk Manager focuses on implementing risk mitigation measures at the operational level. Both roles require relevant certifications and experience, but the Director position involves broader strategic oversight.

What job categories do people searching Director Operational Risk jobs in Des Plaines, IL look for?

The top searched job categories for Director Operational Risk jobs in Des Plaines, IL are:

What cities near Des Plaines, IL are hiring for Director Operational Risk jobs?

Cities near Des Plaines, IL with the most Director Operational Risk job openings:

Director Operational Risk jobs near you
Infographic showing various Director Operational Risk job openings in Des Plaines, IL as of August 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $139,530 per year, or $67.1 per hour.

Experienced Risk Manager

IMC

Chicago, IL • On-site

Full-time

Posted 19 days ago

Job description

IMC is looking for an Experienced Risk Manager to join our Chicago Risk team, focusing primarily on Delta One business. Risk at IMC is deeply integrated with trading-we don't operate as a separate control function. Instead, we work sideby-side with traders and technology teams to understand risk, challenge assumptions, and help build the frameworks that support better trading decisions. Our team has a broad mandate across market, credit, capital, and operational risk. Rather than assigning rigid responsibilities, we encourage people to contribute wherever they can have the greatest impact. You'll collaborate daily with traders, quantitative researchers, and software engineers while helping shape the firm's approach to risk across existing and emerging trading strategies. This is an opportunity to join a highly collaborative team with significant visibility across the business, direct exposure to senior leadership, and the ability to influence both day-to-day trading decisions and the long-term evolution of IMC's risk framework. 
 
 
Your Core Responsibilities: 

  • Partner closely with traders to identify, monitor, and manage risk across a wide range of trading strategies 

  • Monitor and analyze market, credit, capital, and operational risks across IMC's portfolios

  • Develop and enhance risk methodologies for products including equities, ETFs, futures, and other exchange-traded instruments 

  • Analyze concentration risk, tail-event scenarios, and other portfolio-level exposures to improve risk visibility and decision-making 

  • Build and enhance quantitative risk tools, reporting, and monitoring frameworks using Python 

  • Partner with software engineering teams to improve risk infrastructure and automate risk workflows 

  • Work closely with traders to evaluate new strategies, products, and markets while ensuring appropriate risk controls are in place

  • Challenge existing processes and propose new frameworks that improve how IMC understands and manages risk

      

Your Skills and Experience: 

  • 5+ years of experience in financial risk management, quantitative risk, or a related front-office risk function

  • Experience supporting exchange-traded products such as equities, ETFs, futures, or other linear products

  • Familiarity with Delta One trading strategies

  • Strong analytical and quantitative problem-solving skills  

  • Proficiency in Python for data analysis, risk analytics, or automation 

  • Working knowledge of SQL is preferred

  • Ability to communicate complex quantitative concepts to traders, engineers, and business stakeholders

  • Comfortable working in a highly collaborative, fast-paced environment with significant ownership and autonomy

  • FINRA SIE and Series 57, or willingness to obtain them after joining IMC

 
Please note that immigration sponsorship is not offered for this specific opening.
 

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