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

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Entry Level Risk Management information

See Geneva, IL salary details

$42.5K

$101.2K

$163.5K

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

As of Jun 19, 2026, the average yearly pay for entry level risk management in Geneva, IL is $101,212.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,800.00 and $128,800.00 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 job categories do people searching Entry Level Risk Management jobs in Geneva, IL look for? The top searched job categories for Entry Level Risk Management jobs in Geneva, IL are:
What cities near Geneva, IL are hiring for Entry Level Risk Management jobs? Cities near Geneva, IL with the most Entry Level Risk Management job openings:
Entry Level Risk Management jobs near you
Infographic showing various Entry Level Risk Management job openings in Geneva, IL as of June 2026, with employment types broken down into 88% Full Time, 9% Part Time, and 3% Contract. Highlights an 88% In-person, 3% Hybrid, and 9% Remote job distribution, with an average salary of $101,212 per year, or $48.7 per hour.
Risk Consulting Senior Associate - Lender Due Diligence

Risk Consulting Senior Associate - Lender Due Diligence

RSM

Chicago, IL

$68/hr

Full-time

Posted 23 days ago

Job description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.

Risk Consulting Senior Associate - Lender Due Diligence

Locations: Raleigh, NC New York, NY Orlando, FL Philadelphia, PA Chicago, IL Salt Lake City, UT Los Angeles, CA

About the Role
RSM's Financial Services Risk Consulting Practice is seeking a Temporary Senior Associate to support the Financial Services Risk, Compliance, and Internal Audit team. This role is heavily focused on lender due diligence engagements, along with broader risk management, controls testing, and compliance projects across financial institutions.

Key Responsibilities

  • Perform lender due diligence procedures and support transaction assessments
  • Support internal audit, risk, and control reviews for financial services clients
  • Execute risk assessments, control testing, and process documentation
  • Draft and review work programs, test plans, narratives, and reports
  • Conduct management interviews and summarize key risk findings
  • Review staff work for accuracy and completeness
  • Manage project tasks, budgets, and status reporting
  • Collaborate with clients and engagement leaders to ensure high-quality delivery

Qualifications

  • Bachelor's or Master's degree in Accounting, Finance, or related discipline
  • Minimum 2 years of experience in audit, internal audit, controls testing, or lender due diligence
  • Experience within financial services (banking, capital markets, asset management, or lending)
  • Hands-on lender due diligence experience required
  • Strong communication, analytical, and time management skills
  • Proficiency in Excel, Word, and PowerPoint; familiarity with analytics tools (e.g., Alteryx, SQL, Power BI) preferred
  • CPA, CIA, or similar credential (or in progress) preferred

Additional Details

  • Temporary assignment with potential for extension
  • May require travel

At RSM, we offer a competitive benefits and compensation package for all our people.We offer flexibility in your schedule, empowering you to balance life's demands, while also maintaining your ability to serve clients.Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership.RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.

At RSM, an employee's pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $46 - $68 per hour

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