1

Director Treasury Risk Management Jobs in Chicago, IL

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 ...

... Risk, Finance, Accounting, Engineering, Procurement, Engineering, Legal, and Tax to drive critical ... Experience in managing a Direct Cash Flow Forecast. * Significant experience in Treasury Operations ...

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management. Responsibilities * Establish risk management and E,H,S policies, procedures, and guidelines.

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management. Responsibilities * Establish risk management and E,H,S policies, procedures, and guidelines.

Showing results 41-60

Director Treasury Risk Management information

See Chicago, IL salary details

$130.8K

$198.9K

$252.9K

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

As of Aug 12, 2026, the average yearly pay for director treasury risk management in Chicago, IL is $198,863.00, according to ZipRecruiter salary data. Most workers in this role earn between $162,200.00 and $231,300.00 per year, depending on experience, location, and employer.

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 popular job titles related to Director Treasury Risk Management jobs in Chicago, IL? For Director Treasury Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Director Treasury Risk Management jobs in Chicago, IL look for? The top searched job categories for Director Treasury Risk Management jobs in Chicago, IL are:

Director of Risk Management

Power Construction

Chicago, IL • On-site

$150K - $175K/yr

Full-time

Posted 8 days ago


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.