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Entry Level Risk Management Jobs in Chicago, IL (NOW HIRING)

Provides strategic guidance to clients on post-transaction planning, execution, and risk management ... RSM does not intend to hire entry level candidates who will require sponsorship now OR in the ...

General compliance or operational work related to Fraud elements to be considered. * 2+ years of experience in the lending industry, preferably in fraud detection and investigation, risk management ...

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Entry Level Risk Management information

See Chicago, IL salary details

$43.5K

$103.7K

$167.6K

How much do entry level risk management jobs pay per year?

As of Jun 28, 2026, the average yearly pay for entry level risk management in Chicago, IL is $103,743.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $132,000.00 per year, depending on experience, location, and employer.

What is an entry level risk management job?

An entry level risk management job involves identifying, analyzing, and helping to minimize potential risks that could impact a company’s operations and finances. People in these roles often assist senior risk managers by collecting data, preparing reports, and participating in risk assessments. Typical tasks may include reviewing policies, supporting compliance efforts, and learning to use risk assessment tools. This position serves as the starting point for a career in risk management, offering training and exposure to various aspects of the field.

How to become a risk analyst with no experience?

To become a risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and risk assessment through online courses or certifications like FRM or CRM. Entry-level positions often require a bachelor's degree in finance, economics, or a related field, and internships can provide practical experience to improve your prospects.

How to start a career in risk management?

To start a career in risk management, gain a bachelor's degree in finance, business, or a related field, and develop skills in analysis, problem-solving, and communication. Entry-level roles often require knowledge of risk assessment tools and may benefit from certifications like the Certified Risk Management Professional (CRMP). Internships or related experience can also help build practical understanding of risk processes.

What is the best entry level risk management certification?

For entry-level risk management roles, the Certified Risk Management Professional (CRMP) and Associate in Risk Management (ARM) are widely recognized certifications that demonstrate foundational knowledge in risk assessment and mitigation. These certifications often require passing exams and may include coursework in risk analysis, insurance, and financial principles, helping candidates stand out in the field.

What is the difference between Entry Level Risk Management vs Entry Level Insurance Underwriter?

AspectEntry Level Risk ManagementEntry Level Insurance Underwriter
Required CredentialsBachelor's degree, certifications like CRM or RIMSBachelor's degree, insurance licenses often preferred
Work EnvironmentCorporate offices, consulting firms, financial institutionsInsurance companies, brokerage firms, underwriting departments
Employer & Industry UsageUsed across finance, insurance, and corporate sectorsPrimarily in insurance industry, underwriting departments
Common Search & ComparisonYesYes

Entry Level Risk Management focuses on identifying and mitigating risks across various industries, requiring certifications like CRM or RIMS. Entry Level Insurance Underwriters evaluate insurance applications and determine policy terms, often needing insurance licenses. Both roles are found in corporate and insurance settings, but risk management has a broader industry application, while underwriting is specific to insurance companies.

What are the key skills and qualifications needed to thrive as an Entry Level Risk Management professional, and why are they important?

To thrive in Entry Level Risk Management, you need strong analytical skills, attention to detail, and a foundational understanding of finance or business, often supported by a relevant bachelor's degree. Familiarity with risk assessment tools, Microsoft Excel, and sometimes certification courses like FRM or basic compliance training is beneficial. Effective communication, critical thinking, and adaptability help you stand out when presenting findings and collaborating with teams. These skills are essential for accurately identifying and mitigating risks to protect organizational assets and ensure regulatory compliance.

Is IT hard to get a job in risk management?

Entry level risk management positions typically require a relevant bachelor's degree and some knowledge of industry standards like ISO 31000 or COSO frameworks. While competition can vary, gaining certifications such as CRM or FRM and developing skills in data analysis and risk assessment can improve job prospects, but the difficulty depends on individual qualifications and market demand.

What are some common challenges faced by entry-level risk management professionals, and how can they effectively address them?

Entry-level risk management professionals often face challenges such as quickly understanding complex regulatory requirements and developing strong analytical skills to identify potential risks. Adapting to fast-paced environments and learning to communicate risk assessments clearly to both technical and non-technical stakeholders are also common hurdles. To overcome these challenges, new professionals should seek mentorship, actively participate in team discussions, continuously update their knowledge of industry trends, and utilize available analytical tools and training resources provided by their organization.
What are the most commonly searched types of Risk Management jobs in Chicago, IL? The most popular types of Risk Management jobs in Chicago, IL are:
What are popular job titles related to Entry Level Risk Management jobs in Chicago, IL? For Entry Level Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Entry Level Risk Management jobs in Chicago, IL look for? The top searched job categories for Entry Level Risk Management jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Entry Level Risk Management jobs? Cities near Chicago, IL with the most Entry Level Risk Management job openings:

Software Engineer - Trading Systems

Wolverine Worldwide

Chicago, IL

$100K - $140K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago


Job description

Grow your C++ expertise while building systems that power real-time decision-making. 
As a Software Engineer at Wolverine, you'll contribute to the design and development of high-performance applications that support our trading strategies. You'll work closely with experienced engineers, quantitative researchers, and traders to build reliable, scalable systems in a collaborative and fast-paced environment. 

This role is ideal for someone with a solid foundation in C++ who is eager to deepen their expertise in performance-focused systems. You'll own meaningful components, participate in technical design discussions, and continuously improve both your craft and the systems you help build. We value thoughtful engineers who ask questions, seek feedback, and are motivated to learn. 
At Wolverine, engineering growth is hands-on. You'll gain exposure to real-world performance challenges, production systems, and cross-functional collaboration while being supported by a team invested in your development. 
  • Collaborate with engineers, quants, traders, and sales to build reliable and scalable trading software 
  • Contribute to system design, implementation, and code reviews 
  • Develop and enhance C++ components supporting risk management and order execution 
  • Troubleshoot and improve system stability in production environments 
  • Continuously learn and apply performance optimization techniques
  • Bachelor's degree in Computer Science, Computer Engineering, or equivalent experience 
  • 2+ years of professional software development experience 
  • Experience working with C++ (professional or significant academic/project experience) 
  • Solid understanding of algorithms and data structures 
  • Exposure to multi-threaded or concurrent programming concepts 
  • Curiosity, strong problem-solving skills, and a desire to grow in performance-focused systems 
  • Clear communicator with both technical peers and business stakeholders
Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff. While we work exceptionally well as a team in the office, our bonds are further strengthened through company events, activities and giving back. Volleyball, soccer, hockey, 5K runs, picnic, parties, and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together, we foster creativity and broaden our imaginations to accomplish new challenges.
 
Benefits:
  • Highly competitive salary & bonus opportunity
  • Generous paid time off and flexible scheduling
  • 100% coverage of medical, dental, vision, life, and disability benefits for single coverage
  • Generous Paid Parental Leave
  • Retirement Plans: 401K and Roth 401K
  • Profit sharing plan
  • Long- and short-term disability 
Additional Perks:
  • Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)
  • On-site gym with a subsidized membership
  • Frequent company outings
  • Opportunity to give back to organizations that help individuals in need in the Chicagoland area
Professional Development:
  • In-house education team - classes and resources are offered for continuous learning opportunities
  • Mentorship Program through your first six months of employment
The base compensation range for this role is approximately $100,000-$140,000 contingent on experience. Wolverine Trading's total compensation model includes base salary and an annual discretionary bonus.