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

... risk management strategies - Engaging in corrective actions and remediation design to address ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

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 ...

Utility

Chicago, IL · On-site

$27.59/hr

This is an entry level position at the PVS Chemical Solutions Chicago plant. The utility will ... EPA Risk Management Program 40 CFR Part 68 * DHS Appropriations Act of 2007 CFATS * DOT 49 CFR

... management, risk tracking, and documentation within privacy and AI governance processes. * Work ... Acts as a trusted subject-matter contributor rather than an entry-level support role. Privacy by ...

... management, risk tracking, and documentation within privacy and AI governance processes. * Work ... Acts as a trusted subject-matter contributor rather than an entry-level support role. Privacy by ...

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Showing results 1-20

Entry Level Risk Manager information

See Chicago, IL salary details

$43.5K

$103.7K

$167.6K

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

As of Jul 6, 2026, the average yearly pay for entry level risk manager 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 Manager job?

An Entry Level Risk Manager assists in identifying, assessing, and mitigating risks that could impact a company's financial health, operations, or reputation. They typically work under senior risk managers, analyzing data, creating reports, and ensuring compliance with regulations. Their role involves learning risk management strategies, implementing policies, and supporting the organization's overall risk framework. Strong analytical skills, attention to detail, and knowledge of industry regulations are essential for success in this position.

Are risk managers in high demand?

Risk managers, including entry-level risk managers, are in high demand across various industries such as finance, healthcare, and manufacturing due to increasing regulatory requirements and the need to manage organizational risks. The role often requires strong analytical skills and knowledge of risk assessment tools, making it a growing field with good job prospects.

How to start a career in risk management?

To start a career as an entry-level risk manager, obtain a bachelor's degree in finance, economics, or a related field, and develop skills in data analysis, problem-solving, and risk assessment. Gaining relevant certifications such as the Financial Risk Manager (FRM) or Certified Risk Manager (CRM) can enhance job prospects. Internships or entry-level positions in finance, insurance, or compliance help build practical experience in risk management environments.

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, financial modeling, and understanding risk management principles through online courses or certifications like FRM or CRM. Entry-level positions often require a bachelor's degree in finance, economics, or related fields, and internships or volunteer work can help build practical experience. Developing proficiency in tools like Excel, SQL, or risk management software can also improve your prospects.

What qualifications do I need to be a risk manager?

To become an entry-level risk manager, candidates typically need a bachelor's degree in finance, economics, business, or a related field. Relevant skills include analytical thinking, attention to detail, and knowledge of risk assessment tools; certifications like the Certified Risk Manager (CRM) or Financial Risk Manager (FRM) can enhance job prospects.

What typical challenges might an Entry Level Risk Manager face in their first year?

Entry Level Risk Managers often encounter the challenge of quickly learning to interpret complex data and understanding the organization's unique risk landscape. Adjusting to fast-paced environments and keeping up with constantly changing regulations are also common hurdles. New risk managers may need to build confidence when presenting findings to senior staff or collaborating across different departments. With mentorship and ongoing training, these challenges become valuable learning opportunities that help launch a successful career in risk management.

What are the key skills and qualifications needed to thrive in the Entry Level Risk Manager position, and why are they important?

To thrive as an Entry Level Risk Manager, you need strong analytical abilities, attention to detail, and a bachelor's degree in finance, business, or a related field. Familiarity with risk assessment tools, Microsoft Excel, and exposure to risk management frameworks are commonly expected, while certifications like FRM (Financial Risk Manager) can be advantageous. Effective communication, critical thinking, and problem-solving skills help you collaborate with teams and present findings clearly. These competencies are essential for accurately identifying and assessing risks, supporting decision-making, and minimizing potential threats to an organization.

What are the most commonly searched types of Risk Manager jobs in Chicago, IL? The most popular types of Risk Manager jobs in Chicago, IL are:
What are popular job titles related to Entry Level Risk Manager jobs in Chicago, IL? For Entry Level Risk Manager jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Entry Level Risk Manager jobs in Chicago, IL look for? The top searched job categories for Entry Level Risk Manager jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Entry Level Risk Manager jobs? Cities near Chicago, IL with the most Entry Level Risk Manager job openings:
Infographic showing various Entry Level Risk Manager job openings in Chicago, IL as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $103,743 per year, or $49.9 per hour.
Senior Credit Analyst- Sponsor Finance

Senior Credit Analyst- Sponsor Finance

Western Alliance Bank

Chicago, IL

Full-time

Medical, Dental, Retirement

Posted 5 days ago


Job description

Job Title:

Senior Credit Analyst- Sponsor Finance

Location:

IL - Chicago LPO

What you'll do:

As a Senior Credit Analyst you'll be primarily responsible to spread, manage and maintain financial background information on present and prospective customers, and develop credit studies for the Loan Officers, Chief Credit Officer and other Executive Management. You'll manage spread assignments, conduct financial analyses, and maintain related records and files. One of your key responsibilities is the preparation of a variety of credit department reports.
  • Responsible for supporting the Credit Administration team in analyzing credit and collateral information to determine risk involved in lending money to customers. Collecting, organizing, analyzing company financials to ensure Bank compliance, and updates the Bank's systems accordingly. Work directly with clients to resolve compliance issues and operational inquiries.
  • Review client financials and perform sensitivity analysis to evaluate credit risk in connection with Bank structures. Prepare in-depth reports providing plans of action based on qualitative and quantitative research.
  • Collaborate cross-functionally with Bank groups to execute treasury management products, foreign exchange instruments, derivatives as well as legal documents. Produce loan packages for new and restructured loans.
  • Facilitate reporting and requests on behalf of the Bank with third parties, e.g. field auditors, appraisers, etc. Monitor loan disbursements to ensure compliance with Bank regulations.

What you'll need:

  • 2+ years of related experience in Accounting, Finance or Economics or similar field.
  • Bachelor's degree or equivalent experience required.
  • Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Entry level to intermediate knowledge and understanding of financial statements and ability to analyze business and financial data.
  • Strong analytical, conceptual, communication, leadership, and organizational skills.
  • Ability to self-motivate and work productively without supervision.
  • Intermediate speaking and writing communication skills.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation