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Director Treasury Risk Management Jobs in Illinois

Reporting directly to the Chief Risk Officer, EVP , the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic ...

Director of Risk Management

Chicago, IL · On-site

$97K - $116K/yr

The Risk Director will lead incident investigations, manage compliance with regulations, and develop proactive strategies to prevent harm and potential liabilities. At Montrose Behavioral Health ...

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

Director of Risk Management

Chicago, IL · On-site

$97K - $116K/yr

The Risk Director will lead incident investigations, manage compliance with regulations, and develop proactive strategies to prevent harm and potential liabilities. At Montrose Behavioral Health ...

Showing results 21-40

Director Treasury Risk Management information

What does a director treasury risk management do?

A Director of Treasury Risk Management oversees an organization's financial risks, including liquidity, interest rate, currency, and credit risks. They develop strategies to mitigate these risks, ensure compliance with financial regulations, and manage relationships with banks and financial institutions. Their responsibilities also include forecasting cash flow, implementing hedging strategies, and advising senior management on risk exposures and financial policies. This role is crucial in safeguarding the organization's financial stability and supporting strategic financial planning.

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

To thrive as a Director of Treasury Risk Management, you need deep expertise in financial risk analysis, cash management, and treasury operations, typically supported by a degree in finance or accounting and relevant certifications such as CTP or CFA. Proficiency with risk assessment tools, treasury management systems (TMS), and financial modeling software is essential. Outstanding leadership, strategic thinking, and excellent communication skills help you influence decision-makers and guide teams effectively. These capabilities are crucial for safeguarding an organization's financial health, ensuring regulatory compliance, and optimizing risk-return outcomes.

What are some common challenges faced by a director treasury risk management, and how can they be addressed?

A Director of Treasury Risk Management often faces challenges such as rapidly changing market conditions, regulatory compliance, and maintaining effective communication across departments. Managing liquidity risks, currency fluctuations, and interest rate exposures requires strong analytical skills and the ability to implement robust risk mitigation strategies. Proactively collaborating with finance, legal, and executive teams helps ensure alignment on risk policies and timely decision-making. Staying updated on industry best practices and regulatory changes is essential for maintaining effective risk frameworks and supporting organizational goals.
What are the most commonly searched types of Treasury Risk Management jobs in Illinois? The most popular types of Treasury Risk Management jobs in Illinois are:
What are popular job titles related to Director Treasury Risk Management jobs in Illinois? For Director Treasury Risk Management jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Director Treasury Risk Management jobs in Illinois look for? The top searched job categories for Director Treasury Risk Management jobs in Illinois are:
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Consultant: Treasury COO - Strategy & Execution

Northern Trust

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday


Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz


Job description

About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
This role plays a lead role in the Finance / Treasury COO function, embedding Treasury considerations into the change lifecycle, owning the delivery of complex, cross-functional strategic initiatives while strengthening governance practices and enabling data-driven decision-making. The position is suited for an experienced professional who can independently manage multiple priorities, apply analytical rigor, and deliver high-quality outcomes in a fast-paced environment, influencing and partnering with senior stakeholders.
Key Responsibilities
Governance & Control
  • Drive proactive Treasury and Finance engagement in enterprise change, partnering across IT, Operations, and Risk to embed Treasury perspectives early, influence decisions, and mitigate downstream impacts while aligning to funding, liquidity, and regulatory requirements.
  • Drive adherence to risk, control, and governance practices, identifying opportunities for enhancement
  • Own tracking and resolution of audit actions and regulatory deliverables
  • Lead development and standardization of process documentation and reporting artifacts

Strategic Execution & Program Leadership
  • Own end-to-end delivery of complex, cross-functional initiatives across Treasury/Finance partnering with IT, Operations, Risk/Compliance and other related groups including shaping approach and defining success measures
  • Structure workstreams and execution plans, ensuring alignment to priorities, timelines, and dependencies
  • Establish and maintain program tracking, roadmaps, and governance routines
  • Proactively identify risks and drive mitigation strategies in partnership with stakeholders

Delivery & Ownership
  • Execute with a high degree of autonomy, making informed decisions and trade-offs aligned to business priorities
  • Manage competing demands with clear prioritization and focus on timely, high-quality outcomes
  • Take accountability for end results, driving resolution of complex issues and removing execution barriers

Analysis & Decision Support
  • Lead structured, multi-dimensional analyses to support strategic and operational decision-making
  • Translate complex data into clear, actionable insights and recommendations
  • Develop reporting frameworks across cost, performance, and operational metrics
  • Identify trends and drive improvements in data quality and analytical processes
  • Challenge assumptions and shape decision-making through data-driven insights

Stakeholder Engagement
  • Build and maintain effective partnerships across Finance, Treasury, Risk, IT, and Operations
  • Drive alignment on objectives, approach, and outcomes across stakeholders
  • Lead communication and change efforts to support initiative execution
  • Prepare and present materials that inform and enable discussion in governance forums and senior stakeholder settings

Qualifications
  • 10+ years of experience in business analysis, consulting, or Finance / Treasury environments
  • Proven ability to manage multiple priorities, organize and oversee complex workstreams, and deliver in a dynamic environment
  • Strong analytical and problem-solving skills with a data-driven approach
  • Demonstrated ability to influence stakeholders and drive alignment across functions
  • Demonstrated ability to operate independently with sound judgment
  • Preferred experience in Treasury, Liquidity, Markets, or Finance COO functions
  • Preferred exposure to regulatory, control, or transformation initiatives
  • Preferred familiarity with data governance, controls, or audit processes

Core Competencies
  • Execution & Prioritization
  • Analytical Rigor
  • Ownership & Accountability
  • Problem Solving
  • Stakeholder Management
  • Verbal & Written Communication

Why Join
Opportunity to contribute to high-impact Finance and Treasury initiatives, working across functions to support execution, governance, and transformation priorities.
Working Model: Hybrid (#LI-Hybrid)
We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)
Salary Range:
$114,700 - 194,900 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.

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