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

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Entry Level Risk Manager information

See New Lenox, IL salary details

$44.3K

$105.5K

$170.4K

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

As of Sep 9, 2026, the average yearly pay for entry level risk manager in New Lenox, IL is $105,504.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,800.00 and $134,300.00 per year, depending on experience, location, and employer.

What is an entry level risk manager?

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.

What are the key skills and qualifications needed to thrive as an entry level risk manager?

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 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.

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 departments provide practical experience in risk management environments.

What qualifications do I need to be an entry level risk manager?

An entry-level risk manager typically needs a bachelor's degree in fields such as finance, business, economics, or risk management. Relevant skills include analytical thinking, attention to detail, and proficiency with data analysis tools; certifications like the Associate in Risk Management (ARM) can also enhance prospects.

What job categories do people searching Entry Level Risk Manager jobs in New Lenox, IL look for?

The top searched job categories for Entry Level Risk Manager jobs in New Lenox, IL are:

What cities near New Lenox, IL are hiring for Entry Level Risk Manager jobs?

Cities near New Lenox, IL with the most Entry Level Risk Manager job openings:

Infographic showing various Entry Level Risk Manager job openings in New Lenox, IL as of August 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $105,504 per year, or $50.7 per hour.

Financial Services Risk Consulting Intern - Summer 2027

Chicago, IL • On-site

$39/hr

Full-time

Posted 9 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.

As a Risk Consulting-Regulatory ComplianceIntern at RSM, you will workon projects related to the world's largest financial services institutionsand receive hands-onexperience with direct access to business owners and executive management. Working onnumerousteam engagements per year, you will be involved in a variety of challenging assignments with guidance from experienced consultants - and you will feela great senseof accomplishment when you are done.

RSM'sRegulatory ComplianceConsultinggroup provides value addedconsultingservices toclienteleand you will be exposed to a wide variety of clients withinthefinancial services industry. Examples of projects includerisk and control projects across all three lines,global risk and control projects,transformations,internal audits inanti-money laundering (AML)and consumer complianceand regulatory validationsprojects, allintended to provide our clients withtimelyinformation toidentifyandmitigate potential risks.

Examples of the candidate's responsibilities include:

  • Work individuallyand/or as part of a team to executevarious projects related toCompliance, Risk and Controls, Financial Crime,Consumer Compliance testing activitiesforfinancial institutions of all sizes and complexities.

  • Identifyareas of non-compliance withvariousfinanciallaws and regulations and provide actionable recommendations.

  • Demonstrateanability to work collaboratively across multiple external and internal initiatives to achieve stated goals and timelines.

  • Provide quality andaccuratework products.

  • Develop technical skillsets across variousregulatory, compliance and financial crime related topics

  • Identifyareas to improve and bring efficiency to testing techniques.

  • Contribute to strong client relationships through positive client support and soundexpertise.

  • Use straightforward communication when providing testing results to internal and external parties.

  • Seekand embrace opportunities to provide and receive actionable feedback.

Basic Qualifications:

  • 90 credit hours completed

  • Working towardsaB.A. / B.S. degree or equivalent from accredited university

  • Pursuing aBachelor's degree in Business Administration, Finance, Computer Science, Statistics, or related business or technical field of study from accredited university

  • Must be able to travel locally and nationally 40% of the time - including overnight travel

  • Minimum 3.0 GPApreferred

Preferred Qualifications:

  • Excellent written and verbal communication skills

  • Strong computer skills, including MS Office

  • Strong multi-tasking and project management skills

  • Ability to work as an effective member of a team

  • Mustpossessa high degree of integrity and professionalism

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 require sponsorship now or in the future. This includes individuals who will one dayrequest or require RSM to file or complete immigration-related forms or prepare letters on their behalf in order for them to obtain or continue their work authorization.

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: $33 - $39 per hour