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Director Technology Risk Management Jobs in Chicago, IL

Power Construction

Director of Risk Management

Chicago, IL · On-site

$150K - $175K/yr

POSITION SUMMARY The Director of Risk Management is responsible for the strategic oversight and execution of the Company's insurance, claims, and risk management programs. This position provides ...

New

Early Warning Services

IT Risk Manager

Chicago, IL · Hybrid

Essential Functions * Assist Sr. Risk Managers and LOD1 Director if meeting departmental goals and objectives. * Build and manage the business line's centralized LOD1 function; act as business-line ...

Henry Crown & Company

Head of Risk Management

Chicago, IL

$350K - $420K/yr

... technologies, and legal. Why Work for Us? We are a private enterprise with more than a 100-year ... Develop and direct production of reports and analyze financial results of the risk management ...

New

CC Industries

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

... technologies, and legal. Why Work for Us? We are a private enterprise with more than a 100-year ... Develop and direct production of reports and analyze financial results of the risk management ...

New

Culligan

Senior Manager of IT Compliance

Rosemont, IL

$145K - $175K/yr

Position: Senior Manager of IT Compliance Supervisor: Sr Director, Office of the CIO Location ... Risk Management * Conduct IT risk assessments and maintain an IT risk register, ensuring alignment ...

Culligan

Senior Manager of IT Compliance

Rosemont, IL · On-site

$145K - $175K/yr

Position: Senior Manager of IT Compliance Supervisor: Sr Director, Office of the CIO Location ... Risk Management * Conduct IT risk assessments and maintain an IT risk register, ensuring alignment ...

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Showing results 41-60

All JobsTechnology Risk Management JobsDirector Technology Risk Management JobsDirector Technology Risk Management Jobs in Chicago, IL

Director Technology Risk Management information

See Chicago, IL salary details

$55.6K

$147.5K

$267.8K

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

As of Aug 7, 2026, the average yearly pay for director technology risk management in Chicago, IL is $147,501.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,700.00 and $172,500.00 per year, depending on experience, location, and employer.

What does a director of technology risk management do?

A Director of Technology Risk Management is responsible for identifying, assessing, and mitigating technology-related risks within an organization. They develop and implement policies, frameworks, and strategies to ensure that IT systems and processes comply with regulatory requirements and best practices. Their work helps protect the company's data, assets, and reputation from threats such as cyberattacks, data breaches, and system failures. They also collaborate with other departments to promote a culture of risk awareness and provide guidance on risk-related matters.

How does a director of technology risk management typically collaborate with other departments to ensure effective risk mitigation?

A Director of Technology Risk Management works closely with IT, compliance, legal, and business operations teams to identify and address technology risks. This involves leading cross-functional risk assessments, facilitating communication between technical and non-technical stakeholders, and ensuring that risk mitigation strategies align with organizational goals. Regular meetings, workshops, and reporting structures are established to maintain transparency and drive a culture of risk awareness across departments. Effective collaboration is essential for implementing controls and responding proactively to emerging threats.

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

To excel as a Director of Technology Risk Management, a strong background in information security, risk assessment, regulatory compliance, and a relevant degree such as in computer science or information systems is essential. Familiarity with risk management frameworks (such as NIST, ISO 27001), GRC (Governance, Risk, and Compliance) platforms, and certifications like CISSP or CISM are commonly required. Leadership, strategic thinking, and effective communication skills are vital for driving risk initiatives and collaborating across business units. These competencies ensure robust risk mitigation, regulatory adherence, and alignment of technology strategies with organizational goals.

What is the difference between Director Technology Risk Management vs Cybersecurity Manager?

AspectDirector Technology Risk ManagementCybersecurity Manager
Primary FocusOverseeing technology risk strategies and enterprise risk mitigationManaging cybersecurity operations and security measures
CertificationsCRISC, CISSP, CISMCISSP, CISA, CEH
Work EnvironmentStrategic, cross-departmental, executive levelOperational, technical teams, security operations centers
Industry UsageFinancial, healthcare, large enterprisesIT security firms, corporate IT departments

The main difference is that the Director Technology Risk Management focuses on broad technology risk strategies across the organization, while the Cybersecurity Manager concentrates on implementing and managing cybersecurity measures. Both roles require similar certifications but differ in scope and strategic versus operational responsibilities.

What are the most commonly searched types of Technology Risk Management jobs in Chicago, IL? The most popular types of Technology Risk Management jobs in Chicago, IL are:
What are popular job titles related to Director Technology Risk Management jobs in Chicago, IL? For Director Technology Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Director Technology Risk Management jobs in Chicago, IL look for? The top searched job categories for Director Technology Risk Management jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Director Technology Risk Management jobs? Cities near Chicago, IL with the most Director Technology Risk Management job openings:
Director Technology Risk Management jobs near you

Director of Risk Management

Power Construction

Chicago, IL • On-site

$150K - $175K/yr

Full-time

Posted 3 days ago

New

Job description

ABOUT POWER:
Power Construction is consistently regarded as one of Chicago's largest and most respected General Contractors according to Crain's Chicago. But beyond that, you can find us on the golf course, brewing beer, attending neighborhood festivals, giving back to the community, and spending time together during a range of company-sponsored events. Our culture is one of the reasons we've been selected by our employees as a top workplace year after year and it's reflected in our current 91% employee retention rate.
We are builders. We crave being in the field and share an appetite for innovation. We believe that bringing diverse perspectives together helps foster stronger outcomes. We are driven to wow our clients and business partners, improve our processes, hire the right people, and help them grow.
POSITION SUMMARY
The Director of Risk Management is responsible for the strategic oversight and execution of the Company's insurance, claims, and risk management programs. This position provides enterprise-level leadership across construction operations, contractual risk transfer, insurance placement, claims management, and controlled insurance programs (CCIP/OCIP/SDI). 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 long-term business objectives. The Director owns program design, renewals, and claims management while partnering with Operations, Safety, Legal, Finance, outside counsels and brokers to drive consistent risk decisions across the business.
KEY RESPONSIBILTIES
  • Partners with the VP of Risk direct departmental strategy, mentoring high-performing teams and scaling risk service offerings to support evolving business operations.
  • Optimizes the company's total cost of risk (TCOR) by strategically structuring insurance program coverages, limits, and deductibles.
  • Directs the Company's casualty insurance strategy, leading annual renewals and broker partnerships to secure optimal market placement, pricing, and coverage terms.
  • Directs the comprehensive corporate insurance portfolio-including WC, GL, Auto, Umbrella/Excess, Professional, Cyber, and SDI-ensuring program structures evolve alongside the Company's expansion.
  • Directs the claims management (investigation, reserving, litigation, resolution) and lead quarterly reviews and develop action plans to reduce severity and protect outcomes.
  • Govern CCIP/OCIP performance (enrollment, compliance, loss results) and partnering with Operations and Safety.
  • Oversee subcontractor insurance compliance and onboarding and train PM/field teams on requirements to strengthen contractual risk transfer.
  • Negotiates complex contractual risk terms-including indemnity, insurance, and liability caps-to limit corporate financial exposure.
  • Support the subcontractor prequalification framework, driving consistent enforcement of compliance policies and risk thresholds across all subcontract awards.

POSITION REQUIREMENTS
  • Required: Bachelor's degree. Preferred: Risk Management, Insurance, Finance, Construction Management, or related field.
  • Required: CRIS designation (or equivalent risk/insurance credential). Preferred: ARM, CPCU, or similar advanced designation.
  • Required: 10+ years progressive construction risk/insurance experience with direct ownership of insurance placement/renewals, claims governance, contractual risk transfer, and controlled insurance programs (CCIP/OCIP).
  • Proven people leadership and executive-level communication, that drives strategic alignment and collaboration among diverse internal stakeholders (Operations, Safety, Legal, Finance) and major external partners.

KEY COMPETENCIES
  • Translates complex loss trends, premium data, and operational metrics into actionable executive recommendations and high-impact risk management directives.
  • Directs the end-to-end placement and claims lifecycle for all primary lines (WC/GL/Auto/Professional), utilizing specialized construction sector knowledge to protect corporate assets.
  • Conveys complex risk and insurance concepts through concise, executive-level messaging that facilitates fast, informed decision-making.
  • Builds partnership across the organization to execute process improvements and secure cross-functional alignment.
  • Exercises the ability to influence and negotiate effectively with brokers, carriers, and internal partners to reach equitable outcomes.
  • Drafts key contract clauses to balance risk, secure necessary insurance, and limit legal exposure.

COMPENSATION DETAILS
Salary Range: $150,000 - $175,000
Compensation for this role includes a base salary plus an annual discretionary bonus. Details on our benefits can be found on the Benefits tab within the Careers section of the website.
Power Construction is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law. Power Construction is committed to increasing opportunities for historically disadvantaged workers (including women and members of disproportionately affected racial and ethnic groups), as well as residents of marginalized communities.

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